Nepal, Oct. 27 -- The devastating flood that struck the Bhotekoshi-Trishuli river corridor on August 26 caused an estimated losses worth Rs 79.17 billion to private households and businesses, according to the findings of a preliminary survey released by the National Planning Commission (NPC).

The survey estimates losses to individual households at Rs 69 billion, while damage to the business and enterprise sector amounts to Rs 9.69 billion.

According to the preliminary assessment, 54.65 hectares of residential land under private ownership were damaged causing losses worth Rs 25.21 billion, calculated based on construction costs.

Similarly, 507.97 hectares of agricultural land owned by 3,610 families were damaged, resulting in estimated...