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 Over Rs 33 Billion in Losses During Gen Z Movement

CEO Tab by CEO Tab
January 9, 2026
in Prime News
0
Gen Z Protests Cause Massive Property Damage, Insurers Brace for Record Claims
74
SHARES
1.2k
VIEWS
Share on FacebookShare on Twitter

The government’s study report has revealed that damages worth Rs 956.2 million were incurred by public institutions alone during the Gen Z movement. According to the report prepared by the government task force formed to assess the losses, the value of damage to property owned or used by public institutions amounts to Rs 956.2 million.

You might also like

Digital Economy Expanding Beyond Fintech and Digital Payments

Nepal Increases E-Passport Production Capacity

NRB Tightens Regulations on Hire Purchase Companies

Of the total losses borne by public institutions, 43.1 percent was related to buildings, 16.1 percent to vehicles, 37.4 percent to other physical assets, and 3.3 percent to miscellaneous damage. The report states that 26 buildings under Nepal’s federal government and three buildings under provincial governments sustained damage.

The total damage to buildings alone amounted to Rs 4.124 billion, while around 109 vehicles belonging to the institutions were damaged. The value of damage to institutional vehicles is estimated at around Rs 1.436 billion. The government report also shows that the private and community sectors faced significantly higher losses during the Gen Z movement.

According to the report, losses in the private and community sectors amounted to Rs 33.5487 billion for private businesses and households and Rs 5.9717 billion in the community and other sectors.

The report further indicates that permanent and temporary assets owned or used by the private sector suffered damages worth a total of Rs 27.4903 billion, which accounts for 69.8 percent of the total losses in the private and community sectors.

Within this sector, the largest share of the loss — 45.2 percent — was caused by arson and vandalism of buildings. This was followed by damage to other physical assets at 27.4 percent, to temporary and other private assets at 21.7 percent, and to vehicles at 3.4 percent.

Overall, the burden of damage was concentrated mainly on buildings and fixed assets, indicating direct impacts on production, services, and employment sectors.

Share30Tweet19
CEO Tab

CEO Tab

Recommended For You

Digital Economy Expanding Beyond Fintech and Digital Payments

by CEO Tab
August 12, 2026
0
Digital Economy Expanding Beyond Fintech and Digital Payments

Nepal’s digital economy is expanding beyond fintech and digital payments into areas such as content creation, the gig economy and algorithm-driven businesses, experts said during a discussion organized...

Read more

Nepal Increases E-Passport Production Capacity

by CEO Tab
August 12, 2026
0
Nepal Increases E-Passport Production Capacity

The Department of Passports has significantly increased its capacity to produce electronic passports (e-passports) to meet growing demand. On August 10 (Shrawan 25), the department successfully printed 5,878...

Read more

NRB Tightens Regulations on Hire Purchase Companies

by CEO Tab
August 12, 2026
0
NRB Tightens Regulations on Hire Purchase Companies

Nepal Rastra Bank (NRB) has tightened regulations governing hire purchase companies to prevent excessive interest charges, improve transparency and strengthen financial discipline. Under the sixth amendment to the...

Read more

Government to Conduct On-Site Inspections of Madhesh Local Bodies Over Delayed Budgets

by CEO Tab
August 12, 2026
0
Government to Conduct On-Site Inspections of Madhesh Local Bodies Over Delayed Budgets

The government is preparing to conduct on-site inspections of local governments in Madhesh Province that have failed to announce their annual budgets within the stipulated deadline. According to...

Read more

Government to Raise Rs. 100 Billion in Internal Debt in First Quarter

by CEO Tab
August 11, 2026
0
Government to Raise Rs. 100 Billion in Internal Debt in First Quarter

The government plans to raise Rs. 100 billion in internal debt during the first quarter of Fiscal Year (FY) 2026/27, according to the annual borrowing calendar released by...

Read more
Next Post
Country receives Rs 187 billion remittance

Nepal’s Remittance Inflows Surge 35.6 Percent in First Five Months of FY 2025/26

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.