Government's relief package: Rasuwa flood victims will get up to 50% advance insurance claim payment
-
Media Baaji
- Fri, 4 September 2026
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.
Related News
Petrol and diesel prices stable
Kathmandu. Nepal Oil Corporation has decided to continue the retail sale price of petroleum products. Despite receiving the new purchase price from Indian Oil Corporation (IOC), the Board of Directors' meeting held on Monday decided not to change...
Public debt reached 58 trillion
Kathmandu. The share of public debt in GDP has reached 47.13 percent. As the government took 28 trillion 78 billion rupees in public debt till the end of February of the current financial year, its ratio to GDP has increased. According to the Publ...
Emergency oil supply to ease energy market volatility
Kathmandu. The International Energy Agency has said that the member countries of Asia and Oceania region will immediately send oil from their emergency oil reserves to the market. It is said that such a step has been taken to reduce the instabilit...
This is the foreign exchange rate
The Kathmandu. Nepal Rastra Bank has fixed the exchange rate of foreign currency for today. According to the National Bank, the buying rate of US dollar has been fixed at 152 rupees 31 paise and selling rate at 152 rupees 91 paise. The Australian...
The NEPSE index fell by a few points
Kathmandu. The NEPSE index, which measures stock trading in the stock market, has fallen by a few points today. According to the Nepal Stock Exchange, the NEPSE index fell by two points and reached 2,649.51.
The snsitive index, which measure...
Decision to blacklist 9 construction companies including Kancharam
Kathmandu. The Public Procurement Monitoring Office has decided to blacklist 9 builders and suppliers including Kancharam Construction Company Pvt Ltd. The office under the office of the Prime Minister and the Council of Ministers informed through...