Wagle seeks India’s support for post-flood reconstruction
Summary
Finance Minister Swarnim Wagle has sought Indian support for rebuilding properties and infrastructure damaged by last month’s Bhotekoshi floods. India has said it will assess Nepal’s needs after the post-disaster damage review before deciding the scale of assistance.
Key Points
- Swarnim Wagle asked India for a grant to support reconstruction after the Bhotekoshi floods, though he did not name a specific amount.
- Nirmala Sitharaman said India would decide on support after Nepal completes its post-disaster needs assessment.
- The two ministers also discussed using unused Indian reconstruction credit for Nepal’s energy sector and wider bilateral economic ties.
- Wagle’s visit to Delhi includes policy dialogues on diplomacy, business and development, along with meetings aimed at attracting investment and post-disaster support.
