Rs 133.5 million collected in govt fund for restoration after Gen Z movement
Kathmandu, Jan 5: A total of Rs 133.5 million has been collected so far in a government fund established to restore physical properties damaged during arson and vandalism occurred during the September 89 Gen Z movement.
According to the Spokesperson of the Ministry of Finance, Tanka Prasad Pandeya, as of this morning, Rs 133,565,000 has been deposited in the Fund.
Siddhartha Premier Insurance Limited today contributed Rs 10.1 million to the fund under its Institutional Social Responsibility initiative. Last week, insurance company MetLife Nepal deposited Rs 2.5 million, while earlier the Oriental Insurance had chipped in Rs 2 million.
The fund was established in the aftermath of the Gen Z movement, calling on the public, private sector, non-resident Nepalis, development partners, and donor agencies for their assistance. The government has also provided provisions allowing contributors to deduct or claim expenses while calculating their taxable income for the current fiscal year.
Anyone wishing to chip in the fund can deposit the amount in the Rastriya Banijya Bank account number 1960100102070004.
