Government of Nepal Approves Increase in Grants Subsidy to NPR 300,000

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January 12, 2017. The Steering Committee of the National Reconstruction Authority (NRA) recently approved the increase of the housing reconstruction grants to Rs.300,000 (about USD3000).

The decision which was taken by the Committee on September 26, has also directed the NRA to provide the grants in three installments upon signing agreements as follows:

Tranche

Tranche Amount

1st tranche

NPR 50,000 (US$ 500)

2nd tranche

NPR 150,000 (US$ 1,500)

3rd tranche

NPR 100,000 (US$ 1,000)

 

According to Ram Prasad Thapaliya, Spokesperson of the NRA, the Committee also decided that Rs.25,000 from the third installment must be mandatorily used to build toilets, install biogas plants or solar systems.

Source: Government of Nepal National Reconstruction Authority