National Life Contributes Rs. 1 Crore to Physical Infrastructure Reconstruction Fund
5th November 2025, Kathmandu
National Life Insurance Company Limited has demonstrated a strong sense of national responsibility by contributing a significant amount of Rs. 1 crore to the Physical Infrastructure Reconstruction Fund.
Physical Infrastructure Reconstruction Fund
This fund, established by the Government of Nepal, is a critical initiative aimed at restoring and rebuilding the public physical infrastructure that sustained extensive damage during the widespread Gen-Z protests and demonstrations that swept across the country on Bhadra 23 and 24. This substantial donation underscores the vital role the private sector, particularly the insurance industry, plays in national recovery and economic stability following periods of major civil disruption.
The contribution, which was formally handed over to Finance Minister Rameshwar Prasad Khanal by CEO Suresh Prasad Khatri and Deputy General Manager Prajwol Sayami, is a timely injection of capital. It will support the government’s comprehensive efforts toward reconstruction, ensuring economic recovery, and providing necessary relief to affected communities and institutions nationwide.
The Imperative of the Reconstruction Fund
The protests, often referred to as the Gen-Z movement due to the high participation of youth, resulted in unprecedented damage to governmental and public properties across Nepal’s provinces. Initial assessments indicated that a vast number of local unit offices, including metropolitan structures, provincial assemblies, and various ministry buildings, were vandalised, torched, or otherwise rendered unusable. The destruction was not confined to major cities like Biratnagar, Birgunj, Bharatpur, and Pokhara, but also severely impacted local and rural municipalities, leaving a trail of destruction that threatened to paralyze day-to-day administrative functions and basic service delivery.
In response to this national crisis, the Government of Nepal established the Physical Infrastructure Reconstruction Fund. The core objective of this fund is to mobilise resources from various sources—including government bodies, the private sector, citizens at home and abroad, and international partners—to systematically and transparently restore the destroyed public assets. The contribution from National Life will be channelled through this mechanism, directly aiding the campaign to rebuild stronger, more resilient infrastructure and to revive the economic activities in the impacted regions. This concerted effort is essential to transform the widespread losses into an opportunity for national renewal and progress.
National Life’s Enduring CSR Philosophy
National Life Insurance’s generous contribution is not an isolated event but a clear reflection of its deeply ingrained Corporate Social Responsibility (CSR) ethos. As a major player in the country’s financial landscape, the company recognises its obligation to contribute positively to the society it serves, especially during times of crisis.
As CEO Suresh Prasad Khatri highlighted, the company maintains a consistent track record of supporting key developmental areas. Over the years, National Life has actively engaged in initiatives spanning education, health, disaster management, and environmental protection. This includes activities such as organising health camps, participating in flood and earthquake relief efforts, and conducting environmental awareness programs. Such multi-faceted involvement solidifies the company’s reputation not just as a financial institution but as a responsible corporate citizen dedicated to the overall welfare of the nation.
The commitment to CSR is also structurally mandated. As per the prevailing regulatory directives governing the insurance sector, the company is required to allocate 1 percent of its annual net profit every fiscal year to its dedicated CSR fund. This ensures a sustainable flow of resources for social and philanthropic activities, making its commitment to public welfare a non-negotiable part of its business operations. The use of this legally earmarked fund for the national reconstruction effort aligns perfectly with its core purpose of disaster management and community support.
The Broader Impact of Insurance Sector CSR
The insurance sector holds a unique and crucial position in the economy, managing vast pools of capital and underwriting national risk. When a company like National Life steps forward with a contribution of this magnitude, it sends a powerful message across the corporate world, encouraging other private sector entities to participate actively in nation-building and recovery efforts.
By supporting the Physical Infrastructure Reconstruction Fund, National Life is actively helping to stabilise the post-turmoil environment. Rebuilding physical structures like administrative offices and courts is the first step towards restoring public services, re-establishing the rule of law, and creating the necessary environment for businesses and the economy to thrive again. Furthermore, the commitment to transparency in the fund’s spending, as assured by the government, ensures that the donated capital will be utilised effectively for its intended purpose: to systematically restore and rehabilitate the properties, thus facilitating the country’s swift economic and political transition towards stability. This act of corporate giving is thus a direct investment in the long-term stability and functional capacity of the nation.
For More: Physical Infrastructure Reconstruction Fund
