India will extend a financial package of $75 million for the reconstruction of infrastructure in Nepal's western district affected by last year's quake, External Affairs Minister S Jaishankar said on Friday.
Jaishankar's remarks came as he jointly inaugurated with his Nepalese counterpart N P Saud the Tribhuvan University Central Library and other reconstruction projects undertaken in Kathmandu after the 2015 earthquake in Nepal.
-
Indian Markets Turning Corner After Two Tough Years, Says Sandeep Tandon -
NDTV Profit Ignite 2026: Experts See Opportunity In Equities, Stay Bullish For Long-Term -
Buy Right, Sit Tight Does Not Work for Individual Stocks, Says Dinshaw Irani -
'Worst Is Behind': Quant MF Sees Market Bottom, Flags 'Extreme Euphoria' In Midcaps -
India's Mutual Fund Industry Could Become A $1 Trillion Opportunity, Say Fund Managers -
'Foreign Investors Are Baraatis': Raamdeo Agrawal's Take On LTCG Tax -
Stay Invested Through Market Cycles: Raamdeo Agrawal at NDTV Profit Ignite -
Ramesh Damani Remains Bullish On India For Next 20-30 Years, Sees Bargains Amid Market Weakness -
CAS Came After A Long Consultation Process: SEBI Chairman Tuhin Kanta Pandey AT NDTV PROFIT IGNITE -
Aim To Cut FPI Onboarding Time From Mth To Five Days: SEBI Chairman Tuhin Kanta Pandey AT NDTV PROFI
Jaishankar arrived in Nepal on Thursday on his first visit to a foreign country in 2024.
Also Read | Layoffs Are Rising In Tech, But These Skills Are Helping People Unlock Better Pay
Speaking at the event, Jaishankar said India was saddened to learn of the casualties and devastation caused by the earthquake that struck the western parts of Nepal in November last year.
"Prime Minister Narendra Modi had expressed solidarity, the people and leadership of Nepal and had committed to extend all possible assistance," he said.
"I also communicated yesterday to Prime Minister (Pushapa Kamal Dahal) Prachanda about our decision to extend the financial package of Nepalese rupees 1,000 crore that is $75 million for the reconstruction of infrastructure in these affected districts," he said.
"We shall continue to stand by the people of Nepal and contribute to the efforts of the government of Nepal on this," he said.
Under the leadership of PM Modi, India is committed to continuing redefining its relationship with partners in our neighbourhood, especially with Nepal, he added.
Essential Business Intelligence, Sharp Market Insights, Practical Personal Finance Advice, Daily Fuel, Gold and Silver Prices and Latest Stories — On NDTV Profit.
