Reconstruction Fund gets additional support of Rs 15 million

Kathmandu, Dec 1: Nepal Life Insurance Company Limited has provided support amounting to Rs 15 million to the Physical Infrastructures Reconstruction Fund established by the government.

The fund was established for the reconstruction of physical infrastructures damaged during Gen Z protests occurred on last September 8 and 9.

Spokesperson at the Finance Ministry, Tanka Prasad Pandey, said Chairperson of Board of Directors of the Company, Govinda Lal Sanghai, Director Kamalesh Kumar Agrawal and Chief Executive Officer Prabin Raman Parajuli, jointly handed over the voucher to Finance Minister Rameshwor Prasad Khanal on Monday.

The Company contributed such amount to the Fund under its corporate social responsibility for reconstruction, economic revival and relief purpose.

A total of Rs 118.2 million has been deposited to the fund so far, according to the Finance Ministry.

Related Articles

Finance Minister Dr. Swarnim Wagle Presents Bill to Amend and Repeal Certain Nepal Laws Related to Finance, 2083 in House of Representatives

Finance Minister Dr. Swarnim Wagle Presents Bill to Amend and Repeal Certain Nepal Laws Related to Finance, 2083 in House of Representatives

Kathmandu. Finance Minister Dr. Swarnim Wagle has presented the 'Bill to Amend and Repeal Certain...
Finance Minister Appoints Program Director to National Commercial Bank Board

Finance Minister Appoints Program Director to National Commercial Bank Board

Kathmandu. Finance Minister Swarnim Wagle has appointed the program director of his own organization as...
Infrastructure Minister Sunil Lamsal Outlines Legal and Structural Reforms for Road Safety

Infrastructure Minister Sunil Lamsal Outlines Legal and Structural Reforms for Road Safety

Kathmandu. Infrastructure Development Minister Sunil Lamsal has stated that the government has initiated the process...
Opposition Lawmaker Claims Nepal's Health Insurance Program is a Complete Failure

Opposition Lawmaker Claims Nepal's Health Insurance Program is a Complete Failure

Kathmandu. Opposition party Nepali Communist Party lawmaker Parshuram Tamang has claimed that Nepal's health insurance...
Narendra Bahadur Kerung Questions Insurance Sector Statistics and Credibility

Narendra Bahadur Kerung Questions Insurance Sector Statistics and Credibility

Kathmandu. Nepali Congress MP Narendra Bahadur Kerung has raised questions about the latest statistics and...
MP Bidushi Rana Questions Insurance Sector Issues and Regulator's Capacity

MP Bidushi Rana Questions Insurance Sector Issues and Regulator's Capacity

Kathmandu. National Independent Party (Rastriya Swatantra Party) MP Bidushi Rana has raised questions about the...
Rastriya Swatantra Party MP Lima Adhikari Questions Insurance Sector Irregularities and Regulatory Authority's Capacity

Rastriya Swatantra Party MP Lima Adhikari Questions Insurance Sector Irregularities and Regulatory Authority's Capacity

Kathmandu. Rastriya Swatantra Party MP Lima Adhikari has raised questions about the irregularities rampant in...
MP Kandell Raises Concerns on Insurance Sector Issues

MP Kandell Raises Concerns on Insurance Sector Issues

Kathmandu. Opposition party CPN (UML) lawmaker Pushparaj Kandell has drawn the attention of the government...