LIC Nepal Contributes NRs 1.01 Crore to Physical Infrastructure Reconstruction Fund
LIC Nepal Reconstruction Fund
23rd November 2025, Kathmandu
Life Insurance Corporation (LIC Nepal) has actively demonstrated its corporate social responsibility.
LIC Nepal Reconstruction Fund
By making a substantial Reconstruction Fund Contribution to the government-established Physical Infrastructure Reconstruction Fund.
This significant financial injection highlights the pivotal role the private sector plays in national development and recovery efforts. The company’s generous support will directly fuel projects aimed at rebuilding vital infrastructure across the nation.
Details of the Financial Contribution
The contribution made by LIC Nepal exceeds one crore rupees, making it a major corporate donor to the fund. The process of the handover was executed formally at the Ministry of Finance.
Total Amount: LIC Nepal officially contributed NRs 1 crore and 1 lakh (NRs 10,100,000) to the special fund. Handover Ceremony: Mr. Pranay Kumar, the Chief Executive Officer (CEO) of LIC Nepal, actively transferred the voucher representing the substantial amount.
Recipient: The voucher was officially handed over to the Finance Minister, Mr. Rameshwor Prasad Khanal, at the Ministry of Finance premises today.
Government Acknowledges Corporate Support
The Finance Minister warmly accepted the donation and officially thanked LIC Nepal for its gesture of solidarity and corporate duty. Such contributions are crucial for maintaining momentum in large-scale reconstruction projects.
Minister’s Gratitude: Finance Minister Khanal personally conveyed his thanks to LIC Nepal for their exemplary Reconstruction Fund Contribution. He emphasized the importance of private sector engagement in national priorities.
Fund Status: The Ministry of Finance simultaneously disclosed the current status of the fund. With LIC Nepal’s addition, the fund has now accumulated a total of NRs 9 crore and 30 lakh. This total actively reflects the combined support from various stakeholders.
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The Role of the Reconstruction Fund
The Physical Infrastructure Reconstruction Fund was established by the government to manage and channel resources specifically towards repairing and rebuilding damaged national infrastructure. This includes roads, bridges, schools, and public buildings essential for the nation’s functioning.
Strategic Purpose: The fund strategically targets infrastructure projects that are vital for long-term economic stability and community resilience. The collected resources are actively managed to ensure transparent and efficient allocation.
Transparency and Trust: Contributions like this one build public trust. They actively assure the public that financial institutions are dedicated partners in national growth, not just profit centers.
LIC Nepal’s Commitment to Social Responsibility
This significant Reconstruction Fund Contribution aligns perfectly with LIC Nepal’s long-standing commitment to social welfare. As a major insurance player, the company actively views its operations as integral to the community’s overall well-being.
Beyond Insurance: While the company’s core business provides financial security to thousands of families, it recognizes a broader obligation to national recovery. The company actively participates in various social programs throughout the year.
Encouraging Others: LIC Nepal’s prompt and substantial donation serves as a powerful example. It actively encourages other corporate entities and financial institutions to increase their own commitments to the vital reconstruction efforts.
The finance sector, represented here by LIC Nepal, is effectively positioning itself as a key pillar in the nation’s journey toward resilience.
The continued support through initiatives like this Reconstruction Fund Contribution ensures that essential projects receive the necessary funding to be completed quickly and to high standards, thereby strengthening the country’s physical and economic foundation.
For more: LIC Nepal Reconstruction Fund
