Krishna Sapkota / Kathmandu: Amidst the Kathmandu-centric protests of Federal Alliance – comprising Madhesi and ethnicity-based parties – demanding rewriting of the constitution and rumours of change in guard lately, the government unveiled the national budget for the fiscal year 2016-17 in the statutory date of 15th Jestha (May 28). This is the first budget […]
Kathmandu / May 28: The government has presented the total budget of one trillion 48 billion 921 million 324 thousand rupees for the fiscal year 2073-74 BS (2016-2017). In a meeting of the Legislature-Parliament today, Finance Minister Bishnu Prasad Poudel stated that of the allocated budget, Rs 617 billion 164 million 129 thousand (58.9 percent) […]
Narayan Prasad Ghimire / Kathmandu: A large number of people are facing mounting sufferings with the approach of monsoon, as they are yet to reconstruct their houses demolished by the devastating earthquakes last year. Industrialists are yet to regain business pace, for they suffered worst with the economic blockade preceded by the earthquake. Similarly, the […]
Kathmandu, May 26: The government presented the Economic Survey for the fiscal year 2072/073 in the Legislature-Parliament today. According to the Survey, the GDP is estimated to grow by 0.77 percent in the current fiscal year. The GDP growth rate last year was 2.32 percent. A decrease in the growth of the agriculture sector, maximum […]
Palpa / May 24: Palpa branch of the Nepal Electricity Authority (NEA) has collected Rs 800,000 in fine in one month’s period of April-13 to May-13 from those stealing electricity. The NEA’s move is a part of the campaign launched in Kaseni, Somadi, Chhara, Bhubanpokhari, Chidipani, Chappani and Tansen Muncipality to control leakage and electricity […]
Kathmandu / May 20: The World Bank (WB) study has revealed that Nepal will be in need for 10,000 megawatts of electricity by 2040. The three-year study held under the title ‘The Benefits of Expanding Cross – Border Electricity Cooperation and Trade in South Asia’ has shown that electricity demand in domestic consumption for Nepal […]
Kathmandu / May 9: The 13th Handicraft Trade Fair and 11th Craft Competition concluded on Monday recording Rs 60 million worth of transactions and participation of around 250,000 visitors. Participating handicraft producers also received several orders during the five-day fair, according to officials of Federation of Handicraft Associations of Nepal (FHAN) – the organizer of […]
Yek Raj Pathak (China) / April 25: Four aircraft, manufactured especially for Nepal, are ready to take off, an official at the Chinese aircraft manufacturing company at Harbin said. Chief Engineer of the aircraft manufacturing company, AVIC, Song Zhan said the final preparations have been done for that purpose. Song is also the designer of […]
Kathmandu / April 21: The development partners and the government officials have stressed on joint efforts towards resolving problems encountered in implementation of the development projects. Speaking in the tripartite portfolio review meeting of the Asian Development Bank (ADB)-funded projects under implementation in the country here today, government high officials concerned with the projects and […]
Kathmandu / April 15: The government has projected to generate 1,846 MW electricity within two years. Similarly, the government has projected to produce 1,423 MW power in the winter season. A total of 628 MW electricity would be generated from the projects based on the river flow, 106 MW from reservoir projects after the construction of […]
