Cyber Monday Deal: Up to 60% off InvestingProCLAIM SALE

Nepal quake-reconstruction body finally cleared to start working

Published 26/12/2015, 08:15
© Reuters. A man clears debris to rebuild a damaged lodge after the earthquake earlier this year in Solukhumbu district, also known as the Everest region

By Gopal Sharma

KATHMANDU (Reuters) - Eight months after a devastating earthquake hit Nepal, its government has finally opened the way for a reconstruction agency to spend $4.1 billion pledged by foreign donors to help the massive number of people rendered homeless.

Two separate earthquakes in April and May killed 9,000 people, injured more than 22,000 and damaged or destroyed nearly 900,000 houses, forcing many to live in shelters built with tarps and iron sheets, even in freezing temperatures.

It took until September for Nepal to create the National Reconstruction Agency (NRA).

On Saturday, a minister said that the cabinet on Friday named a chief for the agency, giving it the green light to begin its work.

The delays were due to wrangling between political parties, which frustrated many international donors.

Sherdhan Rai, minister for information and communication technology, said the NRA "will finalise the models for homes to be reconstructed and give financial assistance to people to rebuild their homes,"

He also said the agency "will be responsible to rebuild schools, hospitals, monuments, roads and office buildings in five years".

UNICEF says more than 200,000 families affected by the tremors are still living in temporary shelters, at an altitude above 1,500 metres (4,920 feet) where harsh winter conditions will continue through February.

The earthquake prompted squabbling Nepalese politicians to united and in September adopt a new constitution, which they had failed at doing for seven years.

But the charter triggered protests by ethnic Madhesi groups who blocked key trade crossings with India, causing severe fuel shortages.

Aid agencies say the shortages disrupted efforts to send essential relief items such as blankets and clothing to earthquake survivors in mountainous areas.

"Clothes get wet with dew dropping from iron sheets at night and we cannot sleep," Kanchhi Pahari, an earthquake victim told the Kantipur daily.

© Reuters. A man clears debris to rebuild a damaged lodge after the earthquake earlier this year in Solukhumbu district, also known as the Everest region

The government has handed only $150 for each of the affected families in emergency aid but is yet to provide the second, promised tranche of $2,000 for rebuilding homes.

Latest comments

Risk Disclosure: Trading in financial instruments and/or cryptocurrencies involves high risks including the risk of losing some, or all, of your investment amount, and may not be suitable for all investors. Prices of cryptocurrencies are extremely volatile and may be affected by external factors such as financial, regulatory or political events. Trading on margin increases the financial risks.
Before deciding to trade in financial instrument or cryptocurrencies you should be fully informed of the risks and costs associated with trading the financial markets, carefully consider your investment objectives, level of experience, and risk appetite, and seek professional advice where needed.
Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. The data and prices on the website are not necessarily provided by any market or exchange, but may be provided by market makers, and so prices may not be accurate and may differ from the actual price at any given market, meaning prices are indicative and not appropriate for trading purposes. Fusion Media and any provider of the data contained in this website will not accept liability for any loss or damage as a result of your trading, or your reliance on the information contained within this website.
It is prohibited to use, store, reproduce, display, modify, transmit or distribute the data contained in this website without the explicit prior written permission of Fusion Media and/or the data provider. All intellectual property rights are reserved by the providers and/or the exchange providing the data contained in this website.
Fusion Media may be compensated by the advertisers that appear on the website, based on your interaction with the advertisements or advertisers.
© 2007-2024 - Fusion Media Limited. All Rights Reserved.