Print Edition - 2018-03-23 | News
NRA releases nearly Rs10b for private houses
Mar 23, 2018-
The National Reconstruction Authority (NRA) on Thursday released an additional budget of nearly Rs10 billion for rebuilding of private housing for uninterrupted supply of financial assistance to quake affected families.
The NRA has authorised the Central Level Project Implementation Unit, under the Ministry of Urban Development (MoUD), to used the budget amounting to Rs9.95 billion in a bid to ensure the quake-hit families, which have already started rebuilding their houses with government grant, do not face financial crunch.
The NRA has been concerned over the slow progress in rebuilding of private houses destroyed in the Gorkha Earthquake.
As the rebuilding of private houses have been picking up pace lately, this may stoke up demand from the beneficiaries for more funds to carry on the reconstruction works, NRA Spokesperson Yam Lal Bhusal said, adding that the additional fund was released to ensure smooth progress in the construction works.
The number of families rebuilding their houses has been on the rise in all 14 districts hardest hit by the disaster. While 367,167 houses are under construction with government’s grants for private houses, 311,703 has been approved as qualified for second tranche of Rs150,000 in government grant.
A total of 11,2373 private houses have been constructed with government aid, whereas 82,588 beneficiaries have been approved for the final tranche of Rs100,000.
Published: 23-03-2018 07:36