Current Affairs PDF

India to fund NPR 246 Million for Restoration of 3 Cultural Heritage Projects in Nepal

AffairsCloud YouTube Channel - Click Here

AffairsCloud APP Click Here

India to fund NRs 246 million for 3 cultural heritagesA Memorandum of Understanding (MoU) & Contract Agreement for restoration of 3 more Cultural heritage sites in Nepal were signed between India & Nepal. India will fund NPR 246 Million (~ INR 15.498 Crore) under the  Government of India reconstruction grant for the 3 Restoration Projects, the projects are

Project, PlaceUndertaking Agency
Jestha Varna Mahavihara, LalitspurINTACH

(Indian National Trust for Art and Cultural Heritage)

Sulighyang Gumba, Sindhupalchowk district CLPIU (Building)

(Central Level Project Implementation Unit, Nepal)

Shermathang Gumba, Sindhupalchowk districtCLPIU (Building), Nepal


The signing of MoU was witnessed by the Head of Development Partnership & Reconstruction Wing of the Embassy of India to Nepal & Project Director of CLPIU (Building) of National Reconstruction Authority (NRA).

  • The contract for reconstruction of 3 cultural heritage projects was signed by India on February 11, 2021.

Key Points

  • All 3 Buildings were damaged during the 2015 earthquake.
  • India is undertaking reconstruction of 28 cultural sector projects under the Indian reconstruction grant of which 6 contracts have already been awarded & reconstructed.
  • India has committed a total of USD 50 Million (NPR 5800 Million) for conservation, restoration & reconstruction of 28 cultural heritage sites in 8 districts of Nepal

Other Contracts

Contracts were also signed for conservation & retrofitting of Seto Machindranath Temple, Construction of Dharamshala at Budhanilkantha Temple and conservation & development of Kumari Chhen & Kumari Niwas in Nepal.

Recent Related News:

i.The Foreign Minister of Nepal Pradeep Kumar Gyawali paid a 3-day visit to India from January 14-16, 2021. Gyawali is the senior-most political leader from Nepal to visit India after the Border row between the two nations in 2020.

About Nepal:

President – Bidya Devi Bhandari
Capital – Kathmandu
Currency – Nepalese Rupee (NPR)