NC collects Rs 30 million in donations, over Rs 20 million yet to be collected

Published On: December 12, 2021 01:24 PM NPT By: Bhuwan Sharma

KATHMANDU, Dec 12: The Nepali Congress (NC) has managed to collect over RS 30 million in donations to conduct its 14th General Convention, currently underway in the capital. According to a member of NC’s finance committee formed by the party’s central committee, as much as Rs 20 million is yet to be collected. 

“While we have managed to collect Rs 30 million so far, we have estimated over Rs 50 million to be collected in donations,” finance committee member Deepak Khadka informed Republica. 

The party’s responsibility of managing the expenses of the General Convention has been handed over to its finance committee. According to a source, Umesh Shrestha, Deepak Khadka, Binod Chaudhary, Anil Rungata and Indra Baniya have donated Rs 2.5 million each. 

Among the top donors of NC, Shrestha is the current Minister of State while Chaudhary is a parliament member. Likewise, Indra Baniya is the NC’s president for Bagmati Province. According to a member of the party's finance committee, Coordinator Gyanendra Karki of the finance committee donated Rs 1.5 million. There are 11 members in the finance committee. Deepak Kumar Upadhayaya and Binod Chaudhary are the advisors of the finance committee. Also, each member of the committee had decided to donate a minimum of Rs 500,000. Jay Ram Pandey, Mohan Acharya, Palten Gurung, and Divyamani Raj Bhandari are the members of the finance committee.

According to a member of the finance committee, arrangements have been made to collect Rs 25,000 each from members of the party’s central committee. Similarly, ministers of the central government, parliament members and provincial assembly members will have to provide the party with their allowances of a month. Accounts have been created at the Rastriya Banijya Bank and Nepal Investment Bank for the party’s members to deposit the donations to the party. 

According to Khadka, the committee has decided to collect Rs 3000 each from the representatives at the General Convention, as the targeted amount of Rs 50 million in donations seemed hard to meet. The amount collected from the nominations of the candidates will also be used by the finance committee. “We will ask for financial support from the party’s funds if it is not enough and will deposit them in the party’s funds if we have money to spare,” Khadka said.

In the financial report submitted by NC’s Treasurer Sita Devi Yadav, it is mentioned that Rs 100 million has been deposited in the party’s treasury.  As much as Rs 50 million to Rs 60 million is expected to be used in the 14th General Convention. 

It has also been informed that Rs 4 million has already been spent on the stage construction for the General Convention. Similarly, Rs 35 million to Rs 40 million is expected to be spent on food and lodging of the party’s representatives. According to NC’s finance committee, Rs 60 million is expected to be spent in the General Convention if the program is extended further or delayed. 


Leave A Comment