India-born entrepreneur Sandeep Nailwal has launched a stablecoin-based campaign to support Nepal flood victims and contribute to the Prime Minister Disaster Relief Fund. The initiative enables global crypto donations, which are converted into local currency for relief efforts.
Nvidia CEO Jensen Huang has donated $10 million to Nepal’s Prime Minister Disaster Relief Fund following devastating floods in Rasuwa. The death toll has reached 1,259, with 5,053 people missing, as several countries provide relief and financial assistance.
India has dispatched two more C-130J aircraft carrying 21.5 tonnes of relief assistance to flood-hit Nepal, including forensic kits and medical supplies. The latest aid takes India’s emergency relief supplies to more than 68 tonnes amid devastating flash floods.
Political leaders across party lines expressed concern over devastating floods in Nepal and urged intensified rescue and relief operations. Several leaders called on the Centre to assist stranded Indians, while seeking large-scale humanitarian support for affected people in Nepal.
