Fiscal Nepal
First Business News Portal in English from Nepal
KATHMANDU: The National Reconstruction Authority (NRA) has extended the deadline for rebuilding the private houses till mid-November this year providing an opportunity to the earthquake victims who couldn’t rebuild their houses within the earlier deadlines.
A meeting of the Directive Committee of the NRA on Thursday led by its Chair Prime Minister KP Sharma Oli made the decision to this effect because many earthquake victims had not received the second and third tranche of the grant for various reasons, including COVID-19 pandemic.
The NRA has decided to complete the remaining reconstruction works within first four months of this Fiscal Year 2021/22. Established on December 29, 2015 for a five-year term, the NRA is in the last phase of its tenure. Earlier, the NRA had set a target to complete all works by the end of this fiscal year.
The meeting also decided to provide housing grants to the earthquake victims who have started reconstructing their house but have not completed and have not received any installment. Concerned local bodies will inspect such under construction houses and make recommendation for improvements if necessary.
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