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Summary

The "Disaster Risk Insurance Procedure 2076" was formulated by the Karnali State Government by exercising the authority provided under Section 3 of the Administrative Procedures (Regulation) Act, 2075. This procedure outlines the framework and regulations related to disaster risk insurance within the Karnali State. It is intended to establish guidelines and policies to mitigate risks associated with disasters by offering insurance coverage. The first section of the procedure specifies its title, confirming it as "Procedure relating to Disaster Risk Insurance, 2076," marking its formal commencement and application in the governance of disaster risk management and insurance policies within the state. The procedure is part of a broader effort to institutionalize disaster preparedness and risk reduction through a regulated insurance mechanism.