Restore Flood-hit Firms
Summary
The Bhotekoshi flood damaged thousands of economic establishments and caused losses of about Rs. 146.19 billion across several districts. The government has announced a business recovery package, but entrepreneurs say restoring roads, bridges and border facilities is essential for real recovery.
Key Points
- The Bhotekoshi flood damaged about 4,800 economic establishments and caused combined damage and losses of Rs. 146.19 billion.
- A government recovery package offers tax and customs waivers, loan interest discounts, insurance priority and filing extensions for affected businesses.
- Business owners in Rasuwa, Nuwakot and Dhading are demanding rapid restoration of roads, bridges and border points, especially at Rasuwagadhi.
- The article urges federal, provincial and local governments to coordinate with development partners and China to restore infrastructure and livelihoods.
