September 9, 2026, Wednesday
English

Government's relief package: Rasuwa flood victims will get up to 50% advance insurance claim payment

Main News Image

Kathmandu. The government has decided to provide advance payment to the insured affected by the Rasuwa flood based on the preliminary assessment of insurance claims. This arrangement has been made through the 'Rasuwa flood recovery package' announced by the Ministry of Finance on Thursday.

According to the ministry, arrangements will be made to make the assessment of insurance claims for flood damage more effective and faster, so that surveyors can be hired through a simplified process. Similarly, it has been arranged that the insurer will provide up to 50% advance claim payment based on the preliminary assessment report to the insured who claims the flood damage insurance.

According to the Ministry, arrangements have been made to provide up to 50% advance claim payment to the insurers as well.

mediabaaji add

Related News

Palpa Cement will issue an IPO for the general public from February 12

Kathmandu. Palpa Cement Industries Limited is going to issue an IPO to the general public from the 12th of February. In the first phase, the company has issued and distributed IPO to local residents of industry-affected areas and Nepalese working...

Heavy damage to power sector due to Bhotekoshi flood, 12 projects of 431 MW closed

Kathmandu. About 10 percent of the country's total power generation capacity has been affected due to the floods in the Bhotekoshi River in Rasuwa. After the floods caused great damage to power generation, transmission and distribution structures,...

Here is today's foreign currency exchange rate

Kathmandu. Nepal Rastra Bank has determined the exchange rate of foreign currency for Sunday. According to Rashtra Bank, the buying rate of one US dollar has been fixed at 153 rupees 76 paisa and the selling rate is 154 rupees 36 paisa.

The...

What is the exchange rate of which foreign currency on Wednesday?

Kathmandu. Nepal Rastra Bank has determined the exchange rate of foreign currency for today. According to the determined exchange rate, the buying rate of one US dollar is 144 rupees 78 paisa and the selling rate is 145 rupees 38 paisa. Similarly,...

Two Nepali farmers who were jailed for going to India to buy fertilizers were released on bail after 38 days

Kathmandu. Two Nepalese farmers from Sarlahi, who were arrested while going to India to buy chemical fertilizers for their fields, have been released after 38 days. Suresh Prasad Singh and Nagendra Prasad Singh of Balra Municipality-5 of Sarlahi w...

Export of 1015 MW electricity to India to meet domestic demand on Lakshmi Puja

Kathmandu. Tihar is considered as a festival of lights, light and flowers. The speciality and originality of this festival is celebrating Diwali at home and lighting lamps, lighting the house and decorating it with flowers. Diwali and lights are c...