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KATHMANDU: External affairs minister Sushma Swaraj on Thursday announced that India would provide an assistance of $1 billion for quake-hit Nepal's reconstruction.
The external affairs minister announced India's assistance package in Kathmandu during the international conference on Nepal's reconstruction being organised by the Nepalese government to raise funds for carrying out rebuilding of areas devastated by the massive earthquake of April 25 that left nearly 9,000 people dead.
India's total assistance to Nepal over the next five years now stands at $2 billion, Swaraj said.
"Let us take inspiration from ancient philosophy of Yoga and join hands to create a more resilient Nepal," Sushma Swaraj said.
Sushma Swaraj is on a two-day visit to Nepal.
On Wednesday, Swaraj called on Nepal Prime Minister Sushil Koirala and conveyed to him that India will stand shoulder-to-shoulder with the quake-battered country in its massive reconstruction efforts and ensure "quickest" recovery.
Swaraj said under the leadership of Prime Minster Narendra Modi, India took the lead in responding "spontaneously", to provide relief and extend support in rescue operations following the quake as there was an "outpouring of instantaneous empathy and support" from all sections of Indian society to people of Nepal.
"I am glad to see that in spite of the tragedy, the people of Nepal have displayed a steely determination to rebuild their country. India will continue to stand together with the people and Government of Nepal in the quickest recovery and reconstruction," she said.
(With inputs from agencies)
India to provide $1 billion for quake-hit Nepal's reconstruction: Sushma Swaraj - The Times of India
India on Thursday pledged $1 billion in assistance to quake-ravaged Nepal for its massive reconstruction programme. The announcement was made by External Affairs Minister Sushma Swaraj at the Donors' Conference in Kathmandu.
“This pledge is over and above our existing bilateral developmental assistance of another one billion US dollars over the next five years, forty per cent of which would be Grant,” she said.
Ms. Swaraj conveyed India’s “deep and abiding commitment” to rebuilding of Nepal and highlighted that Prime Minister Narendra Modi ensured a prompt rescue and relief operation within six hours of the 7.9-magnitude April 25 quake.
“Today I convey to you the deep and abiding commitment of the Government and 1.25 billion people of India and the personal commitment of Prime Minister Shri Narendra Modi to stand shoulder to shoulder with you as you seek to wipe the tears of every Nepali,” she said.
The International Conference on Nepal’s Reconstruction has been organised by the Nepalese government to raise funds for rebuilding the country devastated by a powerful earthquake that struck exactly two months back, killing about 9,000 people and injuring around 23,000.
The conference was attended by several countries, including China, Britain, Norway, Japan, Sri Lanka, the European Union besides the U.N., World Bank and Asian Development Bank.
India pledges $1 billion to quake-hit Nepal - The Hindu
The external affairs minister announced India's assistance package in Kathmandu during the international conference on Nepal's reconstruction being organised by the Nepalese government to raise funds for carrying out rebuilding of areas devastated by the massive earthquake of April 25 that left nearly 9,000 people dead.
India's total assistance to Nepal over the next five years now stands at $2 billion, Swaraj said.
"Let us take inspiration from ancient philosophy of Yoga and join hands to create a more resilient Nepal," Sushma Swaraj said.
Sushma Swaraj is on a two-day visit to Nepal.
On Wednesday, Swaraj called on Nepal Prime Minister Sushil Koirala and conveyed to him that India will stand shoulder-to-shoulder with the quake-battered country in its massive reconstruction efforts and ensure "quickest" recovery.
Swaraj said under the leadership of Prime Minster Narendra Modi, India took the lead in responding "spontaneously", to provide relief and extend support in rescue operations following the quake as there was an "outpouring of instantaneous empathy and support" from all sections of Indian society to people of Nepal.
"I am glad to see that in spite of the tragedy, the people of Nepal have displayed a steely determination to rebuild their country. India will continue to stand together with the people and Government of Nepal in the quickest recovery and reconstruction," she said.
(With inputs from agencies)
India to provide $1 billion for quake-hit Nepal's reconstruction: Sushma Swaraj - The Times of India
India on Thursday pledged $1 billion in assistance to quake-ravaged Nepal for its massive reconstruction programme. The announcement was made by External Affairs Minister Sushma Swaraj at the Donors' Conference in Kathmandu.
“This pledge is over and above our existing bilateral developmental assistance of another one billion US dollars over the next five years, forty per cent of which would be Grant,” she said.
Ms. Swaraj conveyed India’s “deep and abiding commitment” to rebuilding of Nepal and highlighted that Prime Minister Narendra Modi ensured a prompt rescue and relief operation within six hours of the 7.9-magnitude April 25 quake.
“Today I convey to you the deep and abiding commitment of the Government and 1.25 billion people of India and the personal commitment of Prime Minister Shri Narendra Modi to stand shoulder to shoulder with you as you seek to wipe the tears of every Nepali,” she said.
The International Conference on Nepal’s Reconstruction has been organised by the Nepalese government to raise funds for rebuilding the country devastated by a powerful earthquake that struck exactly two months back, killing about 9,000 people and injuring around 23,000.
The conference was attended by several countries, including China, Britain, Norway, Japan, Sri Lanka, the European Union besides the U.N., World Bank and Asian Development Bank.
India pledges $1 billion to quake-hit Nepal - The Hindu