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
75
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

Inflation Surges to 6.34% as Remittances and Foreign Reserves Rise

NEPSE Rises for Sixth Consecutive Day, Closes at 2,625.93

Share-Backed Loans Surge to Rs 167.85 Billion in Nepal

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

Inflation Surges to 6.34% as Remittances and Foreign Reserves Rise

by CEO Tab
October 15, 2026
0
Inflation Surges to 6.34% as Remittances and Foreign Reserves Rise

Nepal Rastra Bank’s report for the first two months of fiscal year 2026/27 shows rising inflation alongside improvements in remittance inflows, foreign trade, the current account and foreign...

Read more

NEPSE Rises for Sixth Consecutive Day, Closes at 2,625.93

by CEO Tab
October 15, 2026
0
NEPSE Rises for Sixth Consecutive Day, Closes at 2,625.93

The Nepal Stock Exchange (NEPSE) gained 4.67 points on Thursday to close at 2,625.93, extending its rally to six consecutive trading days. Daily turnover rose slightly to Rs...

Read more

Share-Backed Loans Surge to Rs 167.85 Billion in Nepal

by CEO Tab
October 15, 2026
0
Share-Backed Loans Surge to Rs 167.85 Billion in Nepal

Banks and financial institutions (BFIs) have increased lending against shares as collateral, with outstanding loans reaching Rs 167.85 billion by mid-September 2026, according to Nepal Rastra Bank (NRB)....

Read more

NTA Fines 14 Internet Service Providers Rs 50,000 Each for Violations

by CEO Tab
October 15, 2026
0
NTA Fines 14 Internet Service Providers Rs 50,000 Each for Violations

The Nepal Telecommunications Authority (NTA) has fined 14 internet service providers Rs 50,000 each for violating approved service packages, overcharging customers and failing to inform users about changes...

Read more

NEPSE Rises 21.32 Points as Daily Turnover Falls to Rs 4.13 Billion

by CEO Tab
October 14, 2026
0
NEPSE Rises 21.32 Points as Daily Turnover Falls to Rs 4.13 Billion

The Nepal Stock Exchange (NEPSE) rose by 21.32 points to close at 2,621.26 on Wednesday, while daily turnover declined to Rs 4.13 billion from Rs 4.73 billion on...

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.