The Kantipur Foundation has handed over Rs11.4 million collected as the “Kantipur Badhi-Pahiro Rahat Kosh” to Prime Minister Sher Bahadur Deuba.

Kantipur Media Group Chairman and Managing Director Kailash Sirohiya handed over the cheque to PM Deuba amid a special ceremony at the PM’s residence in Baluwatar on Tuesday.

The fund was established by the Kantipur Foundation, a philanthropic initiative of the Kantipur Media Group, to help families affected by floods and landslides across the country.

The Kantipur Foundation, which coordinated the fund, had deposited Rs1.1 million as the seed money. Nepal Investment Bank, Siddhartha Bank, NIC Asia Bank, Sanima Bank, Prabhu Bank and Nepal Medicity Hospital also contributed Rs1.1 million each to the cause. The rest of the amount was donated by general people.

Sirohiya urged the PM to immediately provide relief to the flood-hit families with the amount while Deuba thanked the Foundation for the contribution.

Medicity Hospital promoter Upendra Mahato, Siddhartha Bank CEO Sambhunath Gautam, NIC Asia Bank CEO Laxman Rijal, Sanima Bank CEO Bhuwan Kumar Dahal, Prabhu Bank CEO Ashok Sherchan and Nepal Investment Bank Deputy General Manager Bijendra Suwal were present at the programme. Editor-in-Chief of The Kathmandu Post Akhilesh Upadhyay, Editor-in-Chief of the Kantipur daily Sudheer Sharma and KMG Assistant General Manager Mahesh Swar also attended the ceremony.