Money
Late September rains inflict an estimated Rs46.68 billion loss on Nepal
More than 83 percent of the total economic losses, amounting to Rs38.92 billion, was observed in physical structures.Post Report
The heavy rainfall in late September, which triggered floods and landslides in most parts of the country, caused a loss of Rs46.68 billion to Nepal’s economy, nearly three-fold more than the initial estimates.
According to the preliminary loss and damage assessment report released by the National Disaster Risk Reduction and Management Authority under the home ministry on Thursday, the floods and landslides from September 26 to 28 caused significant damage to the physical infrastructure sector, followed by the social and productive sectors.
According to the report, the Department of Hydrology and Meteorology reported that out of 222 rainfall measurement stations across Nepal, 77 recorded heavy rainfall, with some areas receiving over 200 millimetres in just 24 hours.
Kathmandu experienced its highest rainfall on record, surpassing previous measurements set in 2002. The Tribhuvan International Airport station recorded 239.7 millimetres of rain, highlighting the intensity of the weather system affecting the region.
More than 83 percent of the total economic losses were observed in the physical infrastructures, amounting to Rs38.92 billion.
The report said that 41 roads and highways were damaged. The estimated cost of repairing and maintaining the roads and highway infrastructure is Rs27.98 billion.
Blocked or damaged roads hinder transportation and supply chains, complicating relief efforts and economic recovery.
In the hydropower sector, the damage to 26 facilities has caused an estimated loss of Rs30.18 billion. This loss has significantly hit energy supply, impacting residential and industrial consumers.
Nepal’s electricity imports are likely to surge this winter due to the delay in the reconstruction of hydropower plants. The 456MW Upper Tamakoshi hydropower project, Nepal’s largest in operation, has failed to resume generation since late September. According to the Nepal Electricity Authority, 980MW of output has been interrupted.
Similarly, damage to 446 telecommunication units has resulted in a loss of R152.30 million.
The destruction of 1,678 federal and provincial water supply and sanitation systems has led to an estimated loss of Rs5.90 billion. The report said that the loss affects access to clean water and poses health risks, particularly in the wake of disasters that often exacerbate waterborne diseases.
Forty-four bridges sustained damage, resulting in an estimated financial loss of Rs1.04 billion. The report said the damage severely hampers connectivity and affects transportation and logistics in the region.
The social sector has experienced profound impacts, particularly in housing and settlements.
As per initial reports, 5,996 houses were destroyed, while 13,049 were damaged.
This destruction has displaced 10,807 families, impacting 16,243 individuals who are now living in public shelters and facing challenges in finding basic amenities, according to the report.
Six infrastructures were fully destroyed in the health sector, and 43 health facilities were partially destroyed. This limits access to essential medical services during a critical time when health needs are heightened due to potential post-disaster health crises.
The education sector has not been spared either, with six schools destroyed completely and 136 schools partially damaged, further disrupting education for countless children.
There were 249 deaths and 178 injuries, and 18 persons are still missing, the report said.
The highest number of fatalities have been reported in Dhading, followed by Kavre and Lalitpur districts. In terms of human impact, Bagmati reported the highest fatalities at 208, while Koshi saw 20 deaths.
The report said over 17,000 individuals were rescued, and more than 14,800 police personnel were deployed across affected areas.
The most extensive police operations were in Kathmandu Valley and several districts in the Koshi, Madhesh, Bagmati, and Gandaki provinces.
In the productive sector, agriculture and livestock incurred substantial losses.
The assessment indicates that 65,380 hectares of agricultural land and 26,698 livestock have been affected, resulting in an estimated economic loss of Rs5.88 billion. The report said that the significant impact on agriculture threatens food security and farmers' livelihoods, who rely heavily on their land and livestock for income.
Seven irrigation projects have been affected, leading to a loss of Rs1.35 billion. The destruction of irrigation infrastructure jeopardises crop yields and exacerbates the agricultural crisis after the disasters.
This assessment underscores the vulnerabilities of the affected sectors and the importance of comprehensive disaster preparedness and resilience-building measures to mitigate future risks.
Bagmati province reported the most extensive damage, with 424 houses destroyed and 743 impacted.
Bagmati province reported the highest levels of destruction, with 4,414 houses fully destroyed and 7,157 partially destroyed, affecting more than 14,517 families and displacing 9,997 families.
Kavrepalanchok district was particularly hit, with 3,121 houses fully destroyed and 5,749 partially destroyed.