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IANS
25 June, 2015, 10:53
Update: 25 June, 2015, 10:53
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India announces $1 billion for Nepal reconstruction

IANS
25 June, 2015, 10:53
Update: 25 June, 2015, 10:53
Earthmovers clear the debris at the site of a building that collapsed in an earthquake in Kathmandu, Nepal. Photo: Reuters

Kathmandu: India on Thursday announced $1 billion for Nepal’s reconstruction, External Affairs Minister Sushma Swaraj announced.

Swaraj made the announcement at an international donors conference here to rebuild the country after it was hit by a devastating quake in April.

Nepal Prime Minister Sushil Koirala, who inaugurated the conference, sought donors’ help to rebuild the country at an estimated cost of $7 billion.

Chinese Foreign Minister Wang Yi and over 300 delegates from 60 nations were also present at the meeting.

The two-day conference in capital Kathmandu is being organised by the Nepal government in order raise funds to reconstruct the physical infrastructures of the country destroyed by a massive 7.9-magnitude earthquake on 25 April.

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