CEO Tab
  • Home
  • Prime News
  • International Market
  • Special Report
  • Corporate
  • Opinion
  • Next Gen
  • Entertainment
No Result
View All Result
CEO Tab
  • Home
  • Prime News
  • International Market
  • Special Report
  • Corporate
  • Opinion
  • Next Gen
  • Entertainment
No Result
View All Result
CEO Tab
No Result
View All Result
Home Prime News

Government Report Finds Gen Z Protests Caused Nepal’s Largest Recorded Losses

CEO Tab by CEO Tab
January 14, 2026
in Prime News
0
Gen Z Protests Cause Massive Property Damage, Insurers Brace for Record Claims
75
SHARES
1.2k
VIEWS
Share on FacebookShare on Twitter

A government report has found that the Gen Z-led protests of September 8 and 9 resulted in the highest level of physical and human losses ever documented from a single movement in Nepal. The total damage is estimated at Rs 84.45 billion, equivalent to 1.38 percent of the country’s GDP, affecting state-owned as well as private property across multiple provinces. More than 2,600 buildings and over 12,000 vehicles were damaged, with Bagmati Province bearing the greatest share of destruction.

You might also like

Nepal estimates Rs 390.62 billion needed to rebuild flood-damaged energy infrastructure

NEA forms task force to ensure uninterrupted power supply this winter

Finance Minister Wagle Vows Transparent and Result-Oriented Management of CIT Funds

The protests also disrupted economic activity nationwide, particularly affecting hotels, restaurants, and small businesses, with nearly 3,000 people losing employment. The report highlights that insurance coverage was very low, meaning most of the reconstruction burden will fall on the government and individual owners.

The committee estimates that Rs 36.3 billion will be required to rebuild damaged public infrastructure and recommends completing reconstruction within three years. Key suggestions include creating a central reconstruction and recovery fund, strengthening building design and fire safety standards, making insurance compulsory for public property, and providing relief and support—such as medical treatment and skill training—for affected families and those who lost their jobs.

Share30Tweet19
CEO Tab

CEO Tab

Recommended For You

Nepal estimates Rs 390.62 billion needed to rebuild flood-damaged energy infrastructure

by CEO Tab
September 24, 2026
0
Nepal estimates Rs 390.62 billion needed to rebuild flood-damaged energy infrastructure

Nepal is estimated to require Rs 390.62 billion to reconstruct and rehabilitate energy infrastructure damaged by the devastating floods that swept through the Bhotekoshi–Trishuli river corridor on August...

Read more

NEA forms task force to ensure uninterrupted power supply this winter

by CEO Tab
September 24, 2026
0
NEA forms task force to ensure uninterrupted power supply this winter

The Nepal Electricity Authority (NEA) has formed a five-member task force to manage electricity demand and ensure an uninterrupted power supply during the upcoming winter, following flood damage...

Read more

Finance Minister Wagle Vows Transparent and Result-Oriented Management of CIT Funds

by CEO Tab
September 24, 2026
0
Finance Minister Wagle Vows Transparent and Result-Oriented Management of CIT Funds

Finance Minister Dr Swarnim Wagle has said investments made by the Citizen Investment Trust (CIT) will be managed in a transparent, secure and result-oriented manner. Responding to lawmakers’...

Read more

Flydubai Launches First Regular International Service from Pokhara Airport

by CEO Tab
September 24, 2026
0
Flydubai Launches First Regular International Service from Pokhara Airport

Pokhara International Airport welcomed its first regular international commercial flight on Wednesday, with a Flydubai aircraft arriving from Dubai, raising hopes for sustained international connectivity from the tourism...

Read more

SEBON Orders Probe into NEPSE Trading Halt Over Technical Glitch

by CEO Tab
September 22, 2026
0
SEBON Orders Probe into NEPSE Trading Halt Over Technical Glitch

The Securities Board of Nepal (SEBON) has directed the Nepal Stock Exchange (NEPSE) to investigate the technical problem that forced the suspension of regular trading and submit a...

Read more
Next Post
NRB sells gold and silver coins for upcoming Tihar

Gold and Silver Reach Highest-Ever Prices Again Today

Browse by Category

  • Corporate
  • Entertainment
  • Featured
  • International
  • Major Story
  • Next Gen
  • Opinion
  • Prime News
  • Special Report
  • Tete – A – Tete

EDITOR

Manish Raj Poudel
info@ceotab.com
9841317747


PUBLISHED BY

Welcome Group
www.welcomeadnepal.com

Publisher

www.ceotab.com is a premium news portal being run by Welcome Group. The website features quality business/economic news contents,  in-depth profiles of companies, stories of struggle and success of entrepreneurs, articles that assess various dimensions of  the commerce, trade and economy.

Editor

Manish Raj Poudel

info@ceotab.com

9841317747

Sub-Editor

Riza Poudel

poudelriza@gmail.com

Archives

© 2023 CEO Tab. All rights reserved.

No Result
View All Result
  • Home
  • Prime News
  • International Market
  • Special Report
  • Corporate
  • Opinion
  • Next Gen
  • Entertainment

© 2023 CEO Tab. All rights reserved.