Disaster Fund has Rs 6 billion in deposit
Kathmandu: The Disaster Management Fund of the government has Rs 6 billion in deposit.
Chief Executive Officer of National Disaster Risk Reduction and Management Authority Anil Pokharel said that more than half of the total amount of the Fund is in the Prime Minister Disaster Relief Fund.
As shared by the officials, the amount will be spent for rescue operations, development of temporary settlement, supply of foodstuff and financial assistance to the disaster affected community. As per the legal provision, the amount of the fund should not be spent for other purposes.
Likewise, Disaster Management Fund has Rs 1.81 billion while the Province Disaster Management Fund has Rs 513.3 million and Rs 592.2 million in the District Disaster Management Fund.
