Flood-affected businesses unaware of recovery package
Summary
Businesses affected by the Bhotekoshi flood are still waiting for the government’s recovery package to take effect, even as authorities assess damage and prepare procedures. Entrepreneurs in Rasuwa and nearby districts say roads, bridges and faster support are urgently needed to restart operations.
Key Points
- The government announced tax, customs, insurance and lending relief measures for businesses hit by the August 26 Bhotekoshi flood, but the package has not yet been implemented.
- Authorities including the Nepal Rastra Bank, Inland Revenue Department, Nepal Insurance Authority and Department of Customs say they are still assessing damage and finalizing procedures.
- Entrepreneurs say immediate priorities are rebuilding bridges and roads to restore access, tourism and business activity in flood-hit areas.
- Business leaders including Suksang Tamang, Chandra Prasad Dhakal and Deepak Malhotra urged quicker and more flexible support for recovery.
