Deposits in government-run relief funds reach near Rs 15 billion
Summary
Contributions to the Prime Minister Natural Disaster Relief Fund have risen to nearly Rs 15 billion after the floods in the Bhotekoshi-Trishuli river system. The government has already released Rs 1 billion for flood-affected areas, with funds held in rupee and dollar accounts at commercial banks.
Key Points
- Around Rs 15 billion has been collected in the Prime Minister Natural Disaster Rescue Fund and the Prime Minister Relief Fund.
- The government has already disbursed Rs 1 billion to support people from flood-affected areas.
- The combined balance in the two funds stands at Rs 14 billion 889 million 38 thousand and 871.
- The funds include deposits in nine commercial banks and US dollar accounts at Himalayan Bank and Laxmi Sunrise Bank.
