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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
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Gen Z Protests Cause Massive Property Damage, Insurers Brace for Record Claims
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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.

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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.

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