NDRRMA estimates Bhotekoshi flood losses at approximately Rs 400bn

KATHMANDU: The government has estimated losses of approximately Rs 400 billion from the Bhotekoshi flash flood that struck Nepal on August 26.

During a regular briefing organised by the National Disaster Risk Reduction and Management Authority (NDRRMA) on Thursday, Executive Director Dr Dharma Raj Upreti said the authority had made a preliminary loss estimate of Rs 387.54 billion from the disaster. However, a detailed report is awaited.

Upreti said the country may require Rs 8 billion to restore various sectors over the next four months.

“It is essential to restore buildings, communications, energy and transport systems, health, nutrition, education, agriculture and livestock,” he added.

(With inouts from RSS)