
July 3: Two-way traffic has resumed along the Narayangarh-Muglin road…
July 3: Two-way traffic has resumed along the Narayangarh-Muglin road…
July 3: The National Planning Commission (NPC) has brought a calendar to prepare the 16th five-year periodic plan to be enforced from 2081/82 BS to 2085/86 BS.…
July 3: Operators of banks and financial institutions (BFIs) have warned to stop the banking business if the attacks on their employees do not stop right…
Anil Shrestha has been appointed as the Chief Executive Officer (CEO) of Progressive Finance Limited. The decision was made during a meeting of the Board of Directors held on…
Three more individuals were arrested by the Central Investigation Bureau (CIB) of Nepal Police in relation to the Lalita Niwas land-grab scam on…
July 2: Out of 753 local levels, only 446 have been able to make public the budget for the upcoming fiscal year (FY…
A total of 9,590 employees working in the federal and provincial governments failed to submit their property details for the fiscal year 2078-79…
July 2: A meeting of the House of Representatives on Sunday passed the Finance Bill, 2023 with majority. …
The government has announced that it will construct a state-of-the-art 100-bed Ayurveda Hospital in Amarpur, Shuklaphanta Municipality-11, Sudurpaschim…
July 2: Banks and financial institutions will be allowed to restructure the loans given to the construction materials industry as…
July 2: Over 476,000 foreign tourists visited Nepal in the first six months of 2023, according to the Nepal Tourism…
July 2: The 20th National Paddy Day was celebrated with great fanfare on…
July 2: The Narayangadh-Muglin road has been blocked since Saturday night.…
July 2: Barpak Sulikot Rural Municipality of Gorkha has seen a rise in the number of farmers utilizing their barren lands for production of cash crops with good returns- thanks to the a new measure put in place by the local…
Ratnanagar Municipality in Chitwan is currently hosting a career guidance and employment fair aimed at providing valuable resources for job…
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', 'content' => '<p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"Arial Unicode MS","sans-serif"">July 3: Two-way traffic has resumed along the Narayangarh-Muglin road section. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">According to the Area Police Office, Muglin, the two-way road traffic was disrupted again on Monday morning after a landslide occurred at bridge number three of Ichhakamana-5. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">The vehicular movement was brought to normalcy after clearing off the landslide debris, informed Inspector Bishal Tamang, chief of the Area Police Office, Muglin. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">According to the police, the driver of a truck with registration number Na 6 Kha 710 was injured in a landslide on Monday morning. Injured driver is undergoing treatment at Muglin Highway Hospital, police said. </span></span></span></p> <p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"Arial Unicode MS","sans-serif"">Frequent landslides have been obstructing the Narayangarh-Muglin road section time and again.</span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">Prior to this, the road that was closed on Thursday due to landslide at the same place. </span></span></span></p> <p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"Arial Unicode MS","sans-serif"">The road was blocked again on Saturday night. Vehicular movement had resumed on Sunday evening after 18 hours. -- RSS </span></span></span></p> ', 'published' => true, 'created' => '2023-07-03', 'modified' => '2023-07-03', 'keywords' => '', 'description' => '', 'sortorder' => '18076', 'image' => '20230703011459_HLG_MUGLIN_IMG_9554.jpg', 'article_date' => '2023-07-03 13:13:34', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => null, 'user_id' => '34' ) ), (int) 1 => array( 'Article' => array( 'id' => '18345', 'article_category_id' => '1', 'title' => 'NPC brings Calendar to Prepare 16th Periodic Plan ', 'sub_title' => '', 'summary' => 'July 3: The National Planning Commission (NPC) has brought a calendar to prepare the 16th five-year periodic plan to be enforced from 2081/82 BS to 2085/86 BS. ', 'content' => '<p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"Arial Unicode MS","sans-serif"">July 3: The National Planning Commission (NPC) has brought a calendar to prepare the 16th five-year periodic plan to be enforced from 2081/82 BS to 2085/86 BS. It has issued a 'work procedure on institutional management for preparation of the 16th periodic plan, 2080'. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">As per the work procedure, activities began from June 4 and they would be concluded with the periodic plan getting endorsed by mid-February 2024. Similarly, the interviews with experts would conclude as part of the preparation of the plan by mid-July this year. The NPC is to endorse the draft of the concept paper of 16th periodic plan by July 23. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">A direction committee has been formed under the coordination of NPC vice chairman while five thematic committees have been formed under the coordination of NPC members. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">The federal planning body of the country is all set to gather thematic information from the concerned ministries by August 24. Overall economic and investment framework will be completed by the end of August. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">The work procedure further states that by upcoming October 8, the National Development Council would be formed and its members handed over the integrated preliminary draft of the 16th periodic plan. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">The NPC said that the 16th five-year periodic plan to be enforced from the beginning of the fiscal year 2081/82 BS would be prepared by taking into account the Constitution of Nepal, national and sectoral policies, 15th periodic plan and its review, LDC Graduation Strategy, achievements of SDGs, and mid-term expenditure framework, among others. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">Currently, discussions with the subject experts are going on. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">The thematic committees formed for the preparation of 16th five-year plan will cover issues such as the overall economic outline and plans, economic sector, infrastructures and environment sector, social sector and institutional development and good governance. -- RSS</span></span></span></p> ', 'published' => true, 'created' => '2023-07-03', 'modified' => '2023-07-03', 'keywords' => '', 'description' => '', 'sortorder' => '18075', 'image' => '20230703105203_image.jpg', 'article_date' => '2023-07-03 10:44:46', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '34' ) ), (int) 2 => array( 'Article' => array( 'id' => '18343', 'article_category_id' => '1', 'title' => 'BFIs Warn of Shutting their Business if Attack Continues', 'sub_title' => '', 'summary' => 'July 3: Operators of banks and financial institutions (BFIs) have warned to stop the banking business if the attacks on their employees do not stop right away.', 'content' => '<p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif""><span style="font-size:15.0pt"><span style="font-family:"Arial","sans-serif"">July 3: Operators of banks and financial institutions (BFIs) have warned to stop the banking business if the attacks on their employees do not stop right away.</span></span></span></span></p> <p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif""><span style="font-size:15.0pt"><span style="font-family:"Arial","sans-serif"">The Confederation of Banks and Financial Institutions Nepal (CIBFIN), an umbrella organization of bank and financial institutions, issued a press statement on Sunday demanding security guarantee from the government and legal action against individuals or groups who attack banks and financial institutions. The statement has also urged the government to make effective security arrangements for the operation of banking business.</span></span></span></span></p> <p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif""><span style="font-size:15.0pt"><span style="font-family:"Arial","sans-serif"">Recently, disputes between businessmen and banks have increased after banks and financial institutions emphasized on debt recovery. In some districts, the businessmen protested against the bank and also resorted to physical attacks on bank employees.</span></span></span></span></p> <p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif""><span style="font-size:15.0pt"><span style="font-family:"Arial","sans-serif"">The meeting of the confederation held on Friday decided to file a complaint for legal action against individuals or groups who attack banks and financial institutions and their employees. They say that efforts to discourage non-payment of loan interest and to physically assault, humiliate, or prevent employees from doing their jobs are being done continuously in various places.</span></span></span></span></p> <p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif""><span style="font-size:15.0pt"><span style="font-family:"Arial Unicode MS","sans-serif"">"</span></span><span style="font-size:15.0pt"><span style="font-family:"Arial","sans-serif"">CBFIN and all its affiliate members are fully committed to file a complaint against any person or organization that causes damage to the credibility or property of banks and financial institutions under any pretext by creating obstacles in the banking business," said a banker after the meeting. The statement released by CBFIN has urged the prime minister, home minister, home secretary, inspector general of police, chief district officers of </span></span><span style="font-size:15.0pt"><span style="font-family:"Arial Unicode MS","sans-serif"">77</span></span><span style="font-size:15.0pt"><span style="font-family:"Arial","sans-serif""> districts and all stakeholders to make effective security arrangements for banks and financial institutions and all employees.</span></span></span></span></p> <p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif""><span style="font-size:15.0pt"><span style="font-family:"Arial","sans-serif"">The association has also warned that if the government is not able to create an environment for operation of banks, the banking services will be completely closed. </span></span></span></span></p> <p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif""><span style="font-size:15.0pt"><span style="font-family:"Arial","sans-serif"">“If the government and its agencies cannot ensure an environment that facilitates the fulfillment of duties and responsibilities by using the rights given to banks and financial institutions in a safe environment, then all banks and financial institutions licensed by Nepal Rastra Bank may have to completely shut their services,” reads the statement, adding, “This will create a serious crisis for all stakeholders including the depositors, creditors and ultimately create an unimaginable crisis in the economy as a whole, so we want to draw the attention of all concerned.”</span></span></span></span></p> <p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif""><span style="font-size:15.0pt"><span style="font-family:"Arial","sans-serif"">Earlier, Nepal Bankers Association, Development Bankers Association Nepal, Nepal Financial Institutions Association and Nepal Microfinance Bankers Association had also issued a joint statement and warned that they will act strongly against the continued threat to banks and financial institutions.</span></span></span></span></p> <p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif""><span style="font-size:15.0pt"><span style="font-family:"Arial","sans-serif"">The bankers say that some people have obstructed the service delivery of some branches of banks and financial institutions as well as microfinance companies in Itahari, Sunsari, Birtamod and other places of eastern Nepal. They added that the employees have been threatened and customers deprived of essential banking services. </span></span></span></span></p> <p> </p> <p> </p> <p> </p> ', 'published' => true, 'created' => '2023-07-03', 'modified' => '2023-07-03', 'keywords' => '', 'description' => '', 'sortorder' => '18073', 'image' => '20230703103256_Banks - Copy.jpg', 'article_date' => '2023-07-03 10:31:37', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => null, 'user_id' => '34' ) ), (int) 3 => array( 'Article' => array( 'id' => '18342', 'article_category_id' => '1', 'title' => 'Anil Shrestha Appointed New CEO of Progressive Finance Limited', 'sub_title' => '', 'summary' => 'Anil Shrestha has been appointed as the Chief Executive Officer (CEO) of Progressive Finance Limited. The decision was made during a meeting of the Board of Directors held on Friday.', 'content' => '<p><span style="font-size:11pt"><span style="font-family:Calibri,sans-serif"><span style="font-size:20.0pt">July 3: Anil Shrestha has been appointed as the Chief Executive Officer (CEO) of Progressive Finance Limited. The decision was made during a meeting of the Board of Directors held on Friday.</span></span></span></p> <p><span style="font-size:11pt"><span style="font-family:Calibri,sans-serif"><span style="font-size:20.0pt">Shrestha, with 27 years of experience in various financial institutions, including 13 years as the CEO of Reliance Finance, brings a wealth of expertise to his new role.</span></span></span></p> <p><span style="font-size:11pt"><span style="font-family:Calibri,sans-serif"><span style="font-size:20.0pt"> His strong leadership in financial risk management and compliance is expected to propel Progressive Finance to new heights. Shrestha will serve as CEO for a tenure of four years.</span></span></span></p> <p><span style="font-size:11pt"><span style="font-family:Calibri,sans-serif"><span style="font-size:20.0pt">Shrestha has expressed his commitment to making the finance strong, capable and excellent in every possible way. </span></span></span></p> <p> </p> ', 'published' => true, 'created' => '2023-07-03', 'modified' => '2023-07-03', 'keywords' => '', 'description' => '', 'sortorder' => '18072', 'image' => '20230703060909_collage (11).jpg', 'article_date' => '2023-07-03 06:07:59', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '42' ) ), (int) 4 => array( 'Article' => array( 'id' => '18341', 'article_category_id' => '1', 'title' => 'Lalita Niwas Land Grab Scam: Three More Nabbed', 'sub_title' => '', 'summary' => 'Three more individuals were arrested by the Central Investigation Bureau (CIB) of Nepal Police in relation to the Lalita Niwas land-grab scam on Sunday. ', 'content' => '<p><span style="font-size:11pt"><span style="font-family:Calibri,sans-serif"><span style="font-size:20.0pt">July 3: Three more individuals were arrested by the Central Investigation Bureau (CIB) of Nepal Police in relation to the Lalita Niwas land-grab scam on Sunday. </span></span></span></p> <p><span style="font-size:11pt"><span style="font-family:Calibri,sans-serif"><span style="font-size:20.0pt">The arrested individuals include Shivaji Bhattarai, who was the secretary of ward no. 4 of Kathmandu Metropolitan City (KMC) in 2060 BS and currently serves as an officer at the KMC Cooperatives Department. </span></span></span></p> <p><span style="font-size:11pt"><span style="font-family:Calibri,sans-serif"><span style="font-size:20.0pt">Additionally, the then staffers at the Survey Office, Ghaman Kumar Karki, and Baburaja Maharajn, who posed as fake tenants, were also arrested, according to Kuber Kadayat, Spokesperson and DIG of the Nepal Police. </span></span></span></p> <p><span style="font-size:11pt"><span style="font-family:Calibri,sans-serif"><span style="font-size:20.0pt">The arrests were made on the charge of forging government documents to fraudulently acquire the Lalita Niwas land. </span></span></span></p> <p><span style="font-size:11pt"><span style="font-family:Calibri,sans-serif"><span style="font-size:20.0pt">This brings the total number of people taken into custody by the CIB in connection with the infamous land-grabbing scam to seven. </span></span></span><span style="font-size:11pt"><span style="font-family:Calibri,sans-serif"><span style="font-size:20.0pt">Previously, four individuals were arrested, and their remand has been extended by the court.</span></span></span></p> <p><span style="font-size:11pt"><span style="font-family:Calibri,sans-serif"><span style="font-size:20.0pt">Lalita Niwas, a public property in Baluwatar, saw multiple individuals acquiring ownership of the land between 2049 BS and 2069 BS through illegal means. (RSS)</span></span></span></p> ', 'published' => true, 'created' => '2023-07-03', 'modified' => '2023-07-03', 'keywords' => '', 'description' => '', 'sortorder' => '18071', 'image' => '20230703053935_collage (10).jpg', 'article_date' => '2023-07-03 05:37:26', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '42' ) ), (int) 5 => array( 'Article' => array( 'id' => '18340', 'article_category_id' => '1', 'title' => 'Only 446 Local Levels make Public their Budgets ', 'sub_title' => '', 'summary' => 'July 2: Out of 753 local levels, only 446 have been able to make public the budget for the upcoming fiscal year (FY 2023/24). ', 'content' => '<p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"Arial Unicode MS","sans-serif"">July 2: Out of 753 local levels, only 446 have been able to make public the budget for the upcoming fiscal year (FY 2023/24). </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">The Ministry of Federal Affairs and General Administration informed that 307 municipalities failed to release the annual budget. According to the constitutional provision, the local levels are bound to release budget within Asar 10 every year as per the Nepali calendar. It showed that 42 percent of local levels failed to bring budget, according to spokesperson for the ministry, Kamal Prasad Bhattarai. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">"If budget is released after Asar 10, it is illegal. It flouts legal provision," Bhattarai stressed. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">In the Karnali Province, 63 municipalities out of 79 did not release the budget. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">Lumbini Province witnessed highest record in budget release at 73.4 percent. Only 29 municipalities out of 109 municipalities failed to abide by the law. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">Sudurpaschim Province witnessed budget announcements in 56.8 percent of local units. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">The Bagmati Province, which is the home to the federal capital, has been able to release budgets only at 63 local levels out of 129 local levels, which is 52.9 percent. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">Madhes Province's budget release stands at 42.6 percent. There are 136 local levels in this province. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">Spokesperson Bhattarai, however, said although some municipalities brought budgets, their information/data is yet to be entered in the ministry's system/website. -- RSS</span></span></span></p> ', 'published' => true, 'created' => '2023-07-02', 'modified' => '2023-07-02', 'keywords' => '', 'description' => '', 'sortorder' => '18070', 'image' => '20230702093344_20230511021044_1683767264.jpg', 'article_date' => '2023-07-02 21:33:13', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => null, 'user_id' => '34' ) ), (int) 6 => array( 'Article' => array( 'id' => '18339', 'article_category_id' => '1', 'title' => '9,590 Government Employees Face Music for Not Submitting Property Details', 'sub_title' => '', 'summary' => 'A total of 9,590 employees working in the federal and provincial governments failed to submit their property details for the fiscal year 2078-79 BS.', 'content' => '<p><span style="font-size:20px"><span style="font-family:Calibri,sans-serif">July 2: A total of 9,590 employees working in the federal and provincial governments failed to submit their property details for the fiscal year 2078-79 BS. </span></span></p> <p><span style="font-size:20px"><span style="font-family:Calibri,sans-serif">The National Vigilance Centre has already submitted a report to the Commission for the Investigation of Abuse of Authority (CIAA), recommending appropriate action against these employees.</span></span></p> <p><span style="font-size:20px"><span style="font-family:Calibri,sans-serif">As per the Centre's information officer and Under-secretary Hari Prasad Sharma, the CIAA has been recommended to impose a fine of Rs 5,000 on each employee, in accordance with the Provision Relating to Statement of Property (Clause 50), Corruption Prevention Act-2002.</span></span></p> <p><span style="font-size:20px"><span style="font-family:Calibri,sans-serif">Out of the total number of employees, 3,453 are from the civil service, 113 belong to Nepal Police, 1,158 are teachers, and 1,902 are individuals appointed through political appointments and contracts. </span></span></p> <p><span style="font-size:20px"><span style="font-family:Calibri,sans-serif">Additionally, 1,027 employees at the provincial level and 1,917 at the local level also failed to submit their property statements. (RSS)</span></span></p> ', 'published' => true, 'created' => '2023-07-02', 'modified' => '2023-07-02', 'keywords' => '', 'description' => '', 'sortorder' => '18069', 'image' => '20230702062325_collage (63).jpg', 'article_date' => '2023-07-02 18:22:19', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '42' ) ), (int) 7 => array( 'Article' => array( 'id' => '18338', 'article_category_id' => '1', 'title' => 'House of Representatives Passes Finance Bill ', 'sub_title' => '', 'summary' => 'July 2: A meeting of the House of Representatives on Sunday passed the Finance Bill, 2023 with majority. ', 'content' => '<p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"Arial Unicode MS","sans-serif"">July 2: A meeting of the House of Representatives on Sunday passed the Finance Bill, 2023 with majority. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">Finance Minister Dr Prakash Sharan Mahat had presented a proposal in the meeting seeking the passage of the bill. The bill was endorsed after amendment proposals on it were rejected by a majority. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">Lawmakers Prem Suwal, Sumana Shrestha and Sishir Khanal had presented amendment proposal on the bill. Presenting a proposal in the lower house to amend the bill, lawmaker Suwal raised a question over the exemption on Capital Gains Tax provided to Ncell. He alleged the government of failing to collect taxes from various private companies for many years. He drew the attention of the government saying it has not been able to collect tax from Hello Nepal, Muktishree and Synergy Nepal for years. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">Lawmaker Sumana Shrestha, presenting the amendment proposal on the Finance Bill, 2023, questioned the tax imposed at the customs. She demanded imposing customs duty on E-cigarettes. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">"Customs tax has not been levied on e-cigarette and personal e-smoking goods, whereas a 10 percent customs surcharge has been levied on pencils and pencil sharpener used by kids," she complained. </span></span></span></p> <p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"Arial Unicode MS","sans-serif"">She opined that VAT should not be imposed on daily-consumption food and drew the government's attention towards determining the customs charges in a way to ease the import of raw materials for domestic production and products. </span></span></span></p> <p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"Arial Unicode MS","sans-serif"">Shrestha stressed on the need of making arrangements so that the farmers produce would fetch appropriate prices. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">Presenting a proposal seeking amendment to the bill, lawmaker Shishir Khanal criticized the imposition of VAT on air tickets against the government's own policy of promoting domestic production and bringing maximum number of foreign tourists to Nepal.-- RSS </span></span></span><br /> </p> ', 'published' => true, 'created' => '2023-07-02', 'modified' => '2023-07-02', 'keywords' => '', 'description' => '', 'sortorder' => '18068', 'image' => '20230702061705_20220228110858_Parliament.jpg', 'article_date' => '2023-07-02 18:16:25', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '34' ) ), (int) 8 => array( 'Article' => array( 'id' => '18337', 'article_category_id' => '1', 'title' => 'Provincial Ayurveda Hospital to Be Constructed in Sudurpaschim Province ', 'sub_title' => '', 'summary' => 'The government has announced that it will construct a state-of-the-art 100-bed Ayurveda Hospital in Amarpur, Shuklaphanta Municipality-11, Sudurpaschim Province. ', 'content' => '<p><span style="font-size:20px">July 2: The government has announced that it will construct a state-of-the-art 100-bed Ayurveda Hospital in Amarpur, Shuklaphanta Municipality-11, Dhangadhi, Sudurpaschim Province. </span></p> <p><span style="font-size:20px">This decision is in line with the government's commitment made two years ago to establish one Ayurveda Hospital in each of all seven provinces.</span></p> <p><span style="font-size:20px">The hospital will be built on a spacious three bigha area, according to Surya Upadhyay, the Officiating Director at the Ayurveda Directorate. </span></p> <p><span style="font-size:20px">Funding for this essential project has been allocated, with the Department of Ayurveda earmarking Rs 30 million for its completion. Once the land acquisition process is finalized, construction work will commence.</span></p> <p><span style="font-size:20px">The existing 50-bed Ayurveda Hospital in Dhangadhi has been providing healthcare services, and the upcoming 100-bed Ayurveda Hospital in Amarpur will mark a significant milestone for the province. </span></p> <p><span style="font-size:20px">Mayor Rana Bahadur Mahara of Shuklaphanta Municipality said that the land for the construction has already been identified and that the acquisition process will be expedited.</span></p> <p><span style="font-size:20px">The Provincial Ayurveda Hospital aims to function as an advanced institute, offering a wide range of traditional healthcare services. </span></p> <p><span style="font-size:20px">With a dedicated team of 100 employees, including 30 skilled doctors, the hospital will cater to the health needs of the local population effectively.</span></p> <p><span style="font-size:20px">One of the hospital's unique features will be the cultivation and processing of medicinal herbs within the hospital premises itself.</span></p> <p><span style="font-size:20px">This approach aligns with the commitment to provide effective traditional treatments and also opens doors for further research and advancements in Ayurvedic medicine. (RSS)</span></p> ', 'published' => true, 'created' => '2023-07-02', 'modified' => '2023-07-02', 'keywords' => '', 'description' => '', 'sortorder' => '18067', 'image' => '20230702060544_collage (62).jpg', 'article_date' => '2023-07-02 18:03:55', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '42' ) ), (int) 9 => array( 'Article' => array( 'id' => '18336', 'article_category_id' => '1', 'title' => 'Construction Materials Industry to get Loan Restructuring Facility', 'sub_title' => '', 'summary' => 'July 2: Banks and financial institutions will be allowed to restructure the loans given to the construction materials industry as well.', 'content' => '<p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif""><span style="font-size:15.0pt"><span style="font-family:"Arial","sans-serif"">July 2: Banks and financial institutions will be allowed to restructure the loans given to the construction materials industry as well. </span></span></span></span></p> <p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif""><span style="font-size:15.0pt"><span style="font-family:"Arial","sans-serif"">The third quarterly review of the monetary policy states that the loan given to the construction sector can be rescheduled and restructured upon the request of the borrower. </span></span></span></span></p> <p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif""><span style="font-size:15.0pt"><span style="font-family:"Arial","sans-serif"">However, there was confusion regarding which industries the construction sector covers.</span></span></span></span></p> <p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif""><span style="font-size:15.0pt"><span style="font-family:"Arial","sans-serif"">Further clarifying the directive it issued last month, the Nepal Rastra Bank said the credit extended under the residential loan facility for households, non-residential loans for commercial purpose and big construction projects like highway, bridges as well as all the industries directly related to these sectors such as cement, sand and bricks industries fall under the construction sector.</span></span></span></span></p> <p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif""><span style="font-size:15.0pt"><span style="font-family:"Arial","sans-serif"">The banks need to take into account various factors such as the cash flow and income analysis of the construction company and the need and justification for rescheduling the loan. As per the central bank’s provision, the banks can reschedule the loan after analyzing these factors and taking 10 percent interest in advance.</span></span></span></span></p> <p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif""><span style="font-size:15.0pt"><span style="font-family:"Arial","sans-serif"">This facility will be available for the borrowers with active loans as of mid-April this year and the rescheduling or restructuring should be completed by mid-July.</span></span></span></span></p> <p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif""><span style="font-size:15.0pt"><span style="font-family:"Arial","sans-serif"">The central bank issued the clarification after there was confusion regarding the restructuring of loans for which specific industries the construction sector covers.</span></span></span></span></p> <p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif""><span style="font-size:15.0pt"><span style="font-family:"Arial","sans-serif"">Through the third quarter review of the monetary policy, the central bank had announced relief for some sectors, noting that 'some flexibility has been made cautiously'.</span></span></span></span></p> <p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif""><span style="font-size:15.0pt"><span style="font-family:"Arial","sans-serif"">According to the announcement of the monetary policy, the central bank has issued instructions to banks and financial institutions to reschedule the loans extended to hotels and restaurants, animal husbandry, construction sector and loans up to Rs 50 million given to all other sectors upon the request of the borrower, after analyzing the cash flow and income of the industry/business and analyzing the need for restructuring the loan. </span></span></span></span></p> ', 'published' => true, 'created' => '2023-07-02', 'modified' => '2023-07-02', 'keywords' => '', 'description' => '', 'sortorder' => '18066', 'image' => '20230702040756_Nepal_Rastra_Bank2 2.jpg', 'article_date' => '2023-07-02 16:06:56', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => null, 'user_id' => '34' ) ), (int) 10 => array( 'Article' => array( 'id' => '18335', 'article_category_id' => '1', 'title' => 'Over 476,000 Tourists Visited Nepal in Six Months of 2023', 'sub_title' => '', 'summary' => 'July 2: Over 476,000 foreign tourists visited Nepal in the first six months of 2023, according to the Nepal Tourism Board. ', 'content' => '<p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"Arial Unicode MS","sans-serif"">July 2: Over 476,000 foreign tourists visited Nepal in the first six months of 2023, according to the Nepal Tourism Board. </span></span></span></p> <p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"Arial Unicode MS","sans-serif"">Although the arrival of tourists is encouraging compared to the last two years, it is still less than the figure of 536,058 visitors in between January to June 2019 before the onset of the Covid-19 pandemic.</span></span></span></p> <p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"Arial Unicode MS","sans-serif"">The arrival of tourists took a nosedive in the following years due to the lockdown and restrictions imposed to curb the viral outbreak.</span></span></span></p> <p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"Arial Unicode MS","sans-serif"">The arrival of tourists dropped to 220,815 in 2020 followed by 58,058 visitors in 2021, and 240,901 in 2022. </span></span></span></p> ', 'published' => true, 'created' => '2023-07-02', 'modified' => '2023-07-02', 'keywords' => '', 'description' => '', 'sortorder' => '18065', 'image' => '20230702025948_tourism ktm.jpeg', 'article_date' => '2023-07-02 14:58:24', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '34' ) ), (int) 11 => array( 'Article' => array( 'id' => '18334', 'article_category_id' => '1', 'title' => 'Rice Importer Nepal Marked National Paddy Day with Fanfare', 'sub_title' => '', 'summary' => 'July 2: The 20th National Paddy Day was celebrated with great fanfare on Friday.', 'content' => '<p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif""><span style="font-size:15.0pt"><span style="font-family:"Arial","sans-serif"">July 2: The </span></span><span style="font-size:15.0pt"><span style="font-family:"Arial Unicode MS","sans-serif"">20</span></span><span style="font-size:15.0pt"><span style="font-family:"Arial","sans-serif"">th National Paddy Day was celebrated with great fanfare on Friday. The Government of Nepal has been celebrating the National Paddy Day every year since </span></span><span style="font-size:15.0pt"><span style="font-family:"Arial Unicode MS","sans-serif"">2061</span></span><span style="font-size:15.0pt"><span style="font-family:"Arial","sans-serif""> BS on the 15<sup>th</sup> day of the Nepali month of Asar (mid-June to mid-July). </span></span></span></span></p> <p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif""><span style="font-size:15.0pt"><span style="font-family:"Arial","sans-serif"">Ironically, Nepal, an agricultural country, marks the National Paddy Day every year while the country imports rice produced in the USA, India, China, Korea, and Japan which is cooked in the kitchens of the citizens of Nepal.</span></span></span></span></p> <p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif""><span style="font-size:15.0pt"><span style="font-family:"Arial","sans-serif"">According to the data of the Department of Customs, paddy/rice worth Rs </span></span><span style="font-size:15.0pt"><span style="font-family:"Arial Unicode MS","sans-serif"">46</span></span><span style="font-size:15.0pt"><span style="font-family:"Arial","sans-serif""> billion is imported in Nepal every year. </span></span></span></span></p> <p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif""><span style="font-size:15.0pt"><span style="font-family:"Arial","sans-serif"">Nepal imported </span></span><span style="font-size:15.0pt"><span style="font-family:"Arial Unicode MS","sans-serif"">724</span></span><span style="font-size:15.0pt"><span style="font-family:"Arial","sans-serif"">,</span></span><span style="font-size:15.0pt"><span style="font-family:"Arial Unicode MS","sans-serif"">574</span></span><span style="font-size:15.0pt"><span style="font-family:"Arial","sans-serif""> metric tons of paddy and rice worth Rs </span></span><span style="font-size:15.0pt"><span style="font-family:"Arial Unicode MS","sans-serif"">33</span></span><span style="font-size:15.0pt"><span style="font-family:"Arial","sans-serif"">.63 billion in the first </span></span><span style="font-size:15.0pt"><span style="font-family:"Arial Unicode MS","sans-serif"">11</span></span><span style="font-size:15.0pt"><span style="font-family:"Arial","sans-serif""> months of the current fiscal year. It includes </span></span><span style="font-size:15.0pt"><span style="font-family:"Arial Unicode MS","sans-serif"">217,792</span></span><span style="font-size:15.0pt"><span style="font-family:"Arial","sans-serif""> metric tons of rice worth Rs </span></span><span style="font-size:15.0pt"><span style="font-family:"Arial Unicode MS","sans-serif"">14.72</span></span><span style="font-size:15.0pt"><span style="font-family:"Arial","sans-serif""> billion and </span></span><span style="font-size:15.0pt"><span style="font-family:"Arial Unicode MS","sans-serif"">56</span></span><span style="font-size:15.0pt"><span style="font-family:"Arial","sans-serif"">0,</span></span><span style="font-size:15.0pt"><span style="font-family:"Arial Unicode MS","sans-serif"">781</span></span><span style="font-size:15.0pt"><span style="font-family:"Arial","sans-serif""> metric tons of paddy worth Rs </span></span><span style="font-size:15.0pt"><span style="font-family:"Arial Unicode MS","sans-serif"">18.9</span></span><span style="font-size:15.0pt"><span style="font-family:"Arial","sans-serif""> billion.</span></span></span></span></p> <p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif""><span style="font-size:15.0pt"><span style="font-family:"Arial","sans-serif"">In the review period, Nepal imported </span></span><span style="font-size:15.0pt"><span style="font-family:"Arial Unicode MS","sans-serif"">2</span></span><span style="font-size:15.0pt"><span style="font-family:"Arial","sans-serif"">0</span></span><span style="font-size:15.0pt"><span style="font-family:"Arial Unicode MS","sans-serif"">19</span></span><span style="font-size:15.0pt"><span style="font-family:"Arial","sans-serif""> metric tons of rice worth Rs </span></span><span style="font-size:15.0pt"><span style="font-family:"Arial Unicode MS","sans-serif"">193.6</span></span><span style="font-size:15.0pt"><span style="font-family:"Arial","sans-serif""> million from the USA alone.</span></span></span></span></p> <p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif""><span style="font-size:15.0pt"><span style="font-family:"Arial","sans-serif"">During the same period of last year, Nepal imported </span></span><span style="font-size:15.0pt"><span style="font-family:"Arial Unicode MS","sans-serif"">1</span></span><span style="font-size:15.0pt"><span style="font-family:"Arial","sans-serif""> million metric tons of paddy and rice worth Rs </span></span><span style="font-size:15.0pt"><span style="font-family:"Arial Unicode MS","sans-serif"">45</span></span><span style="font-size:15.0pt"><span style="font-family:"Arial","sans-serif"">.29 billion from various countries. It included, </span></span><span style="font-size:15.0pt"><span style="font-family:"Arial Unicode MS","sans-serif"">545</span></span><span style="font-size:15.0pt"><span style="font-family:"Arial","sans-serif"">,</span></span><span style="font-size:15.0pt"><span style="font-family:"Arial Unicode MS","sans-serif"">117</span></span><span style="font-size:15.0pt"><span style="font-family:"Arial","sans-serif""> metric tons of paddy worth Rs </span></span><span style="font-size:15.0pt"><span style="font-family:"Arial Unicode MS","sans-serif"">16</span></span><span style="font-size:15.0pt"><span style="font-family:"Arial","sans-serif"">.79 billion and </span></span><span style="font-size:15.0pt"><span style="font-family:"Arial Unicode MS","sans-serif"">538</span></span><span style="font-size:15.0pt"><span style="font-family:"Arial","sans-serif"">,</span></span><span style="font-size:15.0pt"><span style="font-family:"Arial Unicode MS","sans-serif"">699</span></span><span style="font-size:15.0pt"><span style="font-family:"Arial","sans-serif""> metric tons of rice worth Rs </span></span><span style="font-size:15.0pt"><span style="font-family:"Arial Unicode MS","sans-serif"">28</span></span><span style="font-size:15.0pt"><span style="font-family:"Arial","sans-serif"">.40 billion. </span></span></span></span></p> <p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif""><span style="font-size:15.0pt"><span style="font-family:"Arial","sans-serif"">In Nepal, paddy and rice are imported mainly from China, India, the Philippines, Thailand, Bhutan, Indonesia, Italy, Japan, Korea, Oman, the United States of America, Vietnam, Namibia and other countries.</span></span></span></span></p> <p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif""><span style="font-size:15.0pt"><span style="font-family:"Arial","sans-serif"">According to the National Statistics Office, the contribution of the agricultural sector to the Gross Domestic Product (GDP) of Nepal in the year </span></span><span style="font-size:15.0pt"><span style="font-family:"Arial Unicode MS","sans-serif"">2021/22 </span></span><span style="font-size:15.0pt"><span style="font-family:"Arial","sans-serif"">was </span></span><span style="font-size:15.0pt"><span style="font-family:"Arial Unicode MS","sans-serif"">23.9 </span></span><span style="font-size:15.0pt"><span style="font-family:"Arial","sans-serif"">percent. Out of which the contribution of paddy was </span></span><span style="font-size:15.0pt"><span style="font-family:"Arial Unicode MS","sans-serif"">11.30 </span></span><span style="font-size:15.0pt"><span style="font-family:"Arial","sans-serif"">percent. In </span></span><span style="font-size:15.0pt"><span style="font-family:"Arial Unicode MS","sans-serif"">2020/21</span></span><span style="font-size:15.0pt"><span style="font-family:"Arial","sans-serif"">, the contribution of rice to GDP was </span></span><span style="font-size:15.0pt"><span style="font-family:"Arial Unicode MS","sans-serif"">12.64 </span></span><span style="font-size:15.0pt"><span style="font-family:"Arial","sans-serif"">percent.</span></span></span></span></p> <p> </p> <p> </p> ', 'published' => true, 'created' => '2023-07-02', 'modified' => '2023-07-02', 'keywords' => '', 'description' => '', 'sortorder' => '18064', 'image' => '20230702012917_rice-paddy.jpg', 'article_date' => '2023-07-02 13:28:37', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => null, 'user_id' => '34' ) ), (int) 12 => array( 'Article' => array( 'id' => '18333', 'article_category_id' => '1', 'title' => 'Two-way Traffic Halted on Narayangadh-Muglin Road ', 'sub_title' => '', 'summary' => 'July 2: The Narayangadh-Muglin road has been blocked since Saturday night. ', 'content' => '<p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"Arial Unicode MS","sans-serif"">July 2: The Narayangadh-Muglin road has been blocked since Saturday night. Two-traffic has come to a halt in the road section after a landslide occurred at Bridge No 3 located in Ichchakamana Rural Municipality-5 of Chitwan on Saturday night. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">According to the Muglin area police office, preparations are being made to remove the landslide debris and resume traffic. Police inspector of the area police office, Muglin, Bishal Tamang, said power cables have also snapped due to the landslide and hence the clearing of the landslide debris will start after the cables are managed. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">The road has been blocked repeatedly due to landslide at the same place since Thursday. On an average 10,000 vehicles pass through this road daily. Frequent road closures is causing huge distress to the travelers. -- RSS</span></span></span></p> ', 'published' => true, 'created' => '2023-07-02', 'modified' => '2023-07-02', 'keywords' => '', 'description' => '', 'sortorder' => '18063', 'image' => '20230702115720_HLG_MUGLIN_IMG_9554.jpg', 'article_date' => '2023-07-02 11:56:26', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => null, 'user_id' => '34' ) ), (int) 13 => array( 'Article' => array( 'id' => '18332', 'article_category_id' => '1', 'title' => 'Grants for Farmers Helping to Cultivate Barren Lands in Gorkha ', 'sub_title' => '', 'summary' => 'July 2: Barpak Sulikot Rural Municipality of Gorkha has seen a rise in the number of farmers utilizing their barren lands for production of cash crops with good returns- thanks to the a new measure put in place by the local level. ', 'content' => '<p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"Arial Unicode MS","sans-serif"">July 2: Barpak Sulikot Rural Municipality of Gorkha has seen a rise in the number of farmers utilizing their barren lands for production of cash crops with good returns- thanks to the a new measure put in place by the local level. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">Barpak Sulikot Rural Municipality has been providing grant to the farmers as a motivational allowance for utilizing their barren lands. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">The local government had introduced the 'Procedure for use of barren land 2022' and implemented it since the fiscal year 2077/78 BS to motivate the farmers to not desert cultivable land. The local farmers are enthused and further motivated not to keep their arable land barren, according to Tulasi Ram Acharya, chief administrative officer of the rural municipality. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">"For those opting vegetables and other crops are provided up to Rs 3,000 per ropani while those cultivating herbs and spices would get up to Rs 2500 per ropani and those farming fruits receive up to Rs 2,000 per ropani as grant," said Acharya. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">Interestingly, the procedure has a provision of punishment for those farmers not disclosing the information about their barren land to the local government, shared Acharya, adding that such farmers are fined Rs 200 per ropani. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">A total of 938 ropanis of barren land have been used for farming since the implementation of this scheme, shared Bishnu Prasad Bhatt, chairperson of Barpak Sulikot Rural Municipality. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">The culture of cultivation was gradually decreasing in the village lately while the import of agricultural products was on the rise. Against this backdrop, the local administration placed the policy to boost domestic production and make farmers self-reliant, said Chairperson Bhatta. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">Mohan Dhakal, one of the beneficiaries of the grant, said, "This scheme has helped instill the concept that farmers like me could be self-reliant through agriculture rather than seeking greener pastures." </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">Agricultural production has spiked in the rural municipality following the implementation of this scheme, said farmer Dhakal. -- RSS</span></span></span></p> ', 'published' => true, 'created' => '2023-07-02', 'modified' => '2023-07-02', 'keywords' => '', 'description' => '', 'sortorder' => '18062', 'image' => '20230702110810_36801295310_80d687ad9a_k-2.jpg', 'article_date' => '2023-07-02 11:07:29', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => null, 'user_id' => '34' ) ), (int) 14 => array( 'Article' => array( 'id' => '18330', 'article_category_id' => '1', 'title' => 'Ratnanagar Municipality Hosts Job Fair for Youths ', 'sub_title' => '', 'summary' => 'Ratnanagar Municipality in Chitwan is currently hosting a career guidance and employment fair aimed at providing valuable resources for job seekers.', 'content' => '<p><span style="font-size:18px"><span style="font-family:Calibri,sans-serif">July 2: Ratnanagar Municipality in Chitwan is currently hosting a career guidance and employment fair aimed at providing valuable resources for job seekers. </span></span></p> <p><span style="font-size:18px"><span style="font-family:Calibri,sans-serif">The fair, jointly organized by Ratnanagar Municipality and Bharatpur Metropolitan City, commenced on Friday with the objective of promoting employment opportunities and facilitating essential training for youths aspiring to excel in their chosen fields or venture into entrepreneurship.</span></span></p> <p><span style="font-size:18px"><span style="font-family:Calibri,sans-serif">The fair has been divided into 34 exhibition stalls, accommodating both employer companies and skill training institutes. </span></span><span style="font-size:18px"><span style="font-family:Calibri,sans-serif">These stalls serve as platforms for employers to showcase their organizations and potential job opportunities, while also offering attendees the chance to explore various skill training programs available to them.</span></span></p> <p><span style="font-size:18px"><span style="font-family:Calibri,sans-serif">Prahlad Sapkota, the Mayor of Ratnanagar Municipality, expressed the municipality's commitment to actively creating employment opportunities for local youths. </span></span></p> <p><span style="font-size:18px"><span style="font-family:Calibri,sans-serif">The municipality has sought technical support from Helvetas Nepal to implement job-oriented training programs. Deputy Mayor Yadav Prasad Pathak highlighted the fair's significance for individuals possessing skills but lacking job opportunities. </span></span></p> <p><span style="font-size:18px"><span style="font-family:Calibri,sans-serif">Yadav emphasized that the event provides a space for such individuals to connect with potential employers and secure employment. </span></span><span style="font-size:18px"><span style="font-family:Calibri,sans-serif">Additionally, the fair also offers a platform for individuals seeking to acquire new skills, enabling them to explore training opportunities and enhance their employability.</span></span></p> <p><span style="font-size:18px"><span style="font-family:Calibri,sans-serif">This job fair is expected to be a significant milestone in fostering employment opportunities, as it facilitates direct interaction between job seekers and job providers. </span></span></p> <p> </p> ', 'published' => true, 'created' => '2023-07-02', 'modified' => '2023-07-02', 'keywords' => '', 'description' => '', 'sortorder' => '18061', 'image' => '20230702062307_collage (8).jpg', 'article_date' => '2023-07-02 06:17:27', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '42' ) ) ) $current_user = null $logged_in = falseinclude - APP/View/Elements/side_bar.ctp, line 60 View::_evaluate() - CORE/Cake/View/View.php, line 971 View::_render() - CORE/Cake/View/View.php, line 933 View::_renderElement() - CORE/Cake/View/View.php, line 1224 View::element() - CORE/Cake/View/View.php, line 418 include - APP/View/Articles/index.ctp, line 157 View::_evaluate() - CORE/Cake/View/View.php, line 971 View::_render() - CORE/Cake/View/View.php, line 933 View::render() - CORE/Cake/View/View.php, line 473 Controller::render() - CORE/Cake/Controller/Controller.php, line 968 Dispatcher::_invoke() - CORE/Cake/Routing/Dispatcher.php, line 200 Dispatcher::dispatch() - CORE/Cake/Routing/Dispatcher.php, line 167 [main] - APP/webroot/index.php, line 117
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$viewFile = '/var/www/html/newbusinessage.com/app/View/Elements/side_bar.ctp' $dataForView = array( 'articles' => array( (int) 0 => array( 'Article' => array( [maximum depth reached] ) ), (int) 1 => array( 'Article' => array( [maximum depth reached] ) ), (int) 2 => array( 'Article' => array( [maximum depth reached] ) ), (int) 3 => array( 'Article' => array( [maximum depth reached] ) ), (int) 4 => array( 'Article' => array( [maximum depth reached] ) ), (int) 5 => array( 'Article' => array( [maximum depth reached] ) ), (int) 6 => array( 'Article' => array( [maximum depth reached] ) ), (int) 7 => array( 'Article' => array( [maximum depth reached] ) ), (int) 8 => array( 'Article' => array( [maximum depth reached] ) ), (int) 9 => array( 'Article' => array( [maximum depth reached] ) ), (int) 10 => array( 'Article' => array( [maximum depth reached] ) ), (int) 11 => array( 'Article' => array( [maximum depth reached] ) ), (int) 12 => array( 'Article' => array( [maximum depth reached] ) ), (int) 13 => array( 'Article' => array( [maximum depth reached] ) ), (int) 14 => array( 'Article' => array( [maximum depth reached] ) ) ), 'current_user' => null, 'logged_in' => false ) $articles = array( (int) 0 => array( 'Article' => array( 'id' => '18346', 'article_category_id' => '1', 'title' => 'Two-way Traffic Resumes on Narayangarh-Muglin Road Section ', 'sub_title' => '', 'summary' => 'July 3: Two-way traffic has resumed along the Narayangarh-Muglin road section. ', 'content' => '<p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"Arial Unicode MS","sans-serif"">July 3: Two-way traffic has resumed along the Narayangarh-Muglin road section. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">According to the Area Police Office, Muglin, the two-way road traffic was disrupted again on Monday morning after a landslide occurred at bridge number three of Ichhakamana-5. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">The vehicular movement was brought to normalcy after clearing off the landslide debris, informed Inspector Bishal Tamang, chief of the Area Police Office, Muglin. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">According to the police, the driver of a truck with registration number Na 6 Kha 710 was injured in a landslide on Monday morning. Injured driver is undergoing treatment at Muglin Highway Hospital, police said. </span></span></span></p> <p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"Arial Unicode MS","sans-serif"">Frequent landslides have been obstructing the Narayangarh-Muglin road section time and again.</span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">Prior to this, the road that was closed on Thursday due to landslide at the same place. </span></span></span></p> <p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"Arial Unicode MS","sans-serif"">The road was blocked again on Saturday night. Vehicular movement had resumed on Sunday evening after 18 hours. -- RSS </span></span></span></p> ', 'published' => true, 'created' => '2023-07-03', 'modified' => '2023-07-03', 'keywords' => '', 'description' => '', 'sortorder' => '18076', 'image' => '20230703011459_HLG_MUGLIN_IMG_9554.jpg', 'article_date' => '2023-07-03 13:13:34', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => null, 'user_id' => '34' ) ), (int) 1 => array( 'Article' => array( 'id' => '18345', 'article_category_id' => '1', 'title' => 'NPC brings Calendar to Prepare 16th Periodic Plan ', 'sub_title' => '', 'summary' => 'July 3: The National Planning Commission (NPC) has brought a calendar to prepare the 16th five-year periodic plan to be enforced from 2081/82 BS to 2085/86 BS. ', 'content' => '<p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"Arial Unicode MS","sans-serif"">July 3: The National Planning Commission (NPC) has brought a calendar to prepare the 16th five-year periodic plan to be enforced from 2081/82 BS to 2085/86 BS. It has issued a 'work procedure on institutional management for preparation of the 16th periodic plan, 2080'. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">As per the work procedure, activities began from June 4 and they would be concluded with the periodic plan getting endorsed by mid-February 2024. Similarly, the interviews with experts would conclude as part of the preparation of the plan by mid-July this year. The NPC is to endorse the draft of the concept paper of 16th periodic plan by July 23. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">A direction committee has been formed under the coordination of NPC vice chairman while five thematic committees have been formed under the coordination of NPC members. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">The federal planning body of the country is all set to gather thematic information from the concerned ministries by August 24. Overall economic and investment framework will be completed by the end of August. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">The work procedure further states that by upcoming October 8, the National Development Council would be formed and its members handed over the integrated preliminary draft of the 16th periodic plan. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">The NPC said that the 16th five-year periodic plan to be enforced from the beginning of the fiscal year 2081/82 BS would be prepared by taking into account the Constitution of Nepal, national and sectoral policies, 15th periodic plan and its review, LDC Graduation Strategy, achievements of SDGs, and mid-term expenditure framework, among others. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">Currently, discussions with the subject experts are going on. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">The thematic committees formed for the preparation of 16th five-year plan will cover issues such as the overall economic outline and plans, economic sector, infrastructures and environment sector, social sector and institutional development and good governance. -- RSS</span></span></span></p> ', 'published' => true, 'created' => '2023-07-03', 'modified' => '2023-07-03', 'keywords' => '', 'description' => '', 'sortorder' => '18075', 'image' => '20230703105203_image.jpg', 'article_date' => '2023-07-03 10:44:46', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '34' ) ), (int) 2 => array( 'Article' => array( 'id' => '18343', 'article_category_id' => '1', 'title' => 'BFIs Warn of Shutting their Business if Attack Continues', 'sub_title' => '', 'summary' => 'July 3: Operators of banks and financial institutions (BFIs) have warned to stop the banking business if the attacks on their employees do not stop right away.', 'content' => '<p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif""><span style="font-size:15.0pt"><span style="font-family:"Arial","sans-serif"">July 3: Operators of banks and financial institutions (BFIs) have warned to stop the banking business if the attacks on their employees do not stop right away.</span></span></span></span></p> <p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif""><span style="font-size:15.0pt"><span style="font-family:"Arial","sans-serif"">The Confederation of Banks and Financial Institutions Nepal (CIBFIN), an umbrella organization of bank and financial institutions, issued a press statement on Sunday demanding security guarantee from the government and legal action against individuals or groups who attack banks and financial institutions. The statement has also urged the government to make effective security arrangements for the operation of banking business.</span></span></span></span></p> <p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif""><span style="font-size:15.0pt"><span style="font-family:"Arial","sans-serif"">Recently, disputes between businessmen and banks have increased after banks and financial institutions emphasized on debt recovery. In some districts, the businessmen protested against the bank and also resorted to physical attacks on bank employees.</span></span></span></span></p> <p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif""><span style="font-size:15.0pt"><span style="font-family:"Arial","sans-serif"">The meeting of the confederation held on Friday decided to file a complaint for legal action against individuals or groups who attack banks and financial institutions and their employees. They say that efforts to discourage non-payment of loan interest and to physically assault, humiliate, or prevent employees from doing their jobs are being done continuously in various places.</span></span></span></span></p> <p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif""><span style="font-size:15.0pt"><span style="font-family:"Arial Unicode MS","sans-serif"">"</span></span><span style="font-size:15.0pt"><span style="font-family:"Arial","sans-serif"">CBFIN and all its affiliate members are fully committed to file a complaint against any person or organization that causes damage to the credibility or property of banks and financial institutions under any pretext by creating obstacles in the banking business," said a banker after the meeting. The statement released by CBFIN has urged the prime minister, home minister, home secretary, inspector general of police, chief district officers of </span></span><span style="font-size:15.0pt"><span style="font-family:"Arial Unicode MS","sans-serif"">77</span></span><span style="font-size:15.0pt"><span style="font-family:"Arial","sans-serif""> districts and all stakeholders to make effective security arrangements for banks and financial institutions and all employees.</span></span></span></span></p> <p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif""><span style="font-size:15.0pt"><span style="font-family:"Arial","sans-serif"">The association has also warned that if the government is not able to create an environment for operation of banks, the banking services will be completely closed. </span></span></span></span></p> <p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif""><span style="font-size:15.0pt"><span style="font-family:"Arial","sans-serif"">“If the government and its agencies cannot ensure an environment that facilitates the fulfillment of duties and responsibilities by using the rights given to banks and financial institutions in a safe environment, then all banks and financial institutions licensed by Nepal Rastra Bank may have to completely shut their services,” reads the statement, adding, “This will create a serious crisis for all stakeholders including the depositors, creditors and ultimately create an unimaginable crisis in the economy as a whole, so we want to draw the attention of all concerned.”</span></span></span></span></p> <p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif""><span style="font-size:15.0pt"><span style="font-family:"Arial","sans-serif"">Earlier, Nepal Bankers Association, Development Bankers Association Nepal, Nepal Financial Institutions Association and Nepal Microfinance Bankers Association had also issued a joint statement and warned that they will act strongly against the continued threat to banks and financial institutions.</span></span></span></span></p> <p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif""><span style="font-size:15.0pt"><span style="font-family:"Arial","sans-serif"">The bankers say that some people have obstructed the service delivery of some branches of banks and financial institutions as well as microfinance companies in Itahari, Sunsari, Birtamod and other places of eastern Nepal. They added that the employees have been threatened and customers deprived of essential banking services. </span></span></span></span></p> <p> </p> <p> </p> <p> </p> ', 'published' => true, 'created' => '2023-07-03', 'modified' => '2023-07-03', 'keywords' => '', 'description' => '', 'sortorder' => '18073', 'image' => '20230703103256_Banks - Copy.jpg', 'article_date' => '2023-07-03 10:31:37', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => null, 'user_id' => '34' ) ), (int) 3 => array( 'Article' => array( 'id' => '18342', 'article_category_id' => '1', 'title' => 'Anil Shrestha Appointed New CEO of Progressive Finance Limited', 'sub_title' => '', 'summary' => 'Anil Shrestha has been appointed as the Chief Executive Officer (CEO) of Progressive Finance Limited. The decision was made during a meeting of the Board of Directors held on Friday.', 'content' => '<p><span style="font-size:11pt"><span style="font-family:Calibri,sans-serif"><span style="font-size:20.0pt">July 3: Anil Shrestha has been appointed as the Chief Executive Officer (CEO) of Progressive Finance Limited. The decision was made during a meeting of the Board of Directors held on Friday.</span></span></span></p> <p><span style="font-size:11pt"><span style="font-family:Calibri,sans-serif"><span style="font-size:20.0pt">Shrestha, with 27 years of experience in various financial institutions, including 13 years as the CEO of Reliance Finance, brings a wealth of expertise to his new role.</span></span></span></p> <p><span style="font-size:11pt"><span style="font-family:Calibri,sans-serif"><span style="font-size:20.0pt"> His strong leadership in financial risk management and compliance is expected to propel Progressive Finance to new heights. Shrestha will serve as CEO for a tenure of four years.</span></span></span></p> <p><span style="font-size:11pt"><span style="font-family:Calibri,sans-serif"><span style="font-size:20.0pt">Shrestha has expressed his commitment to making the finance strong, capable and excellent in every possible way. </span></span></span></p> <p> </p> ', 'published' => true, 'created' => '2023-07-03', 'modified' => '2023-07-03', 'keywords' => '', 'description' => '', 'sortorder' => '18072', 'image' => '20230703060909_collage (11).jpg', 'article_date' => '2023-07-03 06:07:59', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '42' ) ), (int) 4 => array( 'Article' => array( 'id' => '18341', 'article_category_id' => '1', 'title' => 'Lalita Niwas Land Grab Scam: Three More Nabbed', 'sub_title' => '', 'summary' => 'Three more individuals were arrested by the Central Investigation Bureau (CIB) of Nepal Police in relation to the Lalita Niwas land-grab scam on Sunday. ', 'content' => '<p><span style="font-size:11pt"><span style="font-family:Calibri,sans-serif"><span style="font-size:20.0pt">July 3: Three more individuals were arrested by the Central Investigation Bureau (CIB) of Nepal Police in relation to the Lalita Niwas land-grab scam on Sunday. </span></span></span></p> <p><span style="font-size:11pt"><span style="font-family:Calibri,sans-serif"><span style="font-size:20.0pt">The arrested individuals include Shivaji Bhattarai, who was the secretary of ward no. 4 of Kathmandu Metropolitan City (KMC) in 2060 BS and currently serves as an officer at the KMC Cooperatives Department. </span></span></span></p> <p><span style="font-size:11pt"><span style="font-family:Calibri,sans-serif"><span style="font-size:20.0pt">Additionally, the then staffers at the Survey Office, Ghaman Kumar Karki, and Baburaja Maharajn, who posed as fake tenants, were also arrested, according to Kuber Kadayat, Spokesperson and DIG of the Nepal Police. </span></span></span></p> <p><span style="font-size:11pt"><span style="font-family:Calibri,sans-serif"><span style="font-size:20.0pt">The arrests were made on the charge of forging government documents to fraudulently acquire the Lalita Niwas land. </span></span></span></p> <p><span style="font-size:11pt"><span style="font-family:Calibri,sans-serif"><span style="font-size:20.0pt">This brings the total number of people taken into custody by the CIB in connection with the infamous land-grabbing scam to seven. </span></span></span><span style="font-size:11pt"><span style="font-family:Calibri,sans-serif"><span style="font-size:20.0pt">Previously, four individuals were arrested, and their remand has been extended by the court.</span></span></span></p> <p><span style="font-size:11pt"><span style="font-family:Calibri,sans-serif"><span style="font-size:20.0pt">Lalita Niwas, a public property in Baluwatar, saw multiple individuals acquiring ownership of the land between 2049 BS and 2069 BS through illegal means. (RSS)</span></span></span></p> ', 'published' => true, 'created' => '2023-07-03', 'modified' => '2023-07-03', 'keywords' => '', 'description' => '', 'sortorder' => '18071', 'image' => '20230703053935_collage (10).jpg', 'article_date' => '2023-07-03 05:37:26', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '42' ) ), (int) 5 => array( 'Article' => array( 'id' => '18340', 'article_category_id' => '1', 'title' => 'Only 446 Local Levels make Public their Budgets ', 'sub_title' => '', 'summary' => 'July 2: Out of 753 local levels, only 446 have been able to make public the budget for the upcoming fiscal year (FY 2023/24). ', 'content' => '<p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"Arial Unicode MS","sans-serif"">July 2: Out of 753 local levels, only 446 have been able to make public the budget for the upcoming fiscal year (FY 2023/24). </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">The Ministry of Federal Affairs and General Administration informed that 307 municipalities failed to release the annual budget. According to the constitutional provision, the local levels are bound to release budget within Asar 10 every year as per the Nepali calendar. It showed that 42 percent of local levels failed to bring budget, according to spokesperson for the ministry, Kamal Prasad Bhattarai. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">"If budget is released after Asar 10, it is illegal. It flouts legal provision," Bhattarai stressed. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">In the Karnali Province, 63 municipalities out of 79 did not release the budget. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">Lumbini Province witnessed highest record in budget release at 73.4 percent. Only 29 municipalities out of 109 municipalities failed to abide by the law. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">Sudurpaschim Province witnessed budget announcements in 56.8 percent of local units. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">The Bagmati Province, which is the home to the federal capital, has been able to release budgets only at 63 local levels out of 129 local levels, which is 52.9 percent. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">Madhes Province's budget release stands at 42.6 percent. There are 136 local levels in this province. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">Spokesperson Bhattarai, however, said although some municipalities brought budgets, their information/data is yet to be entered in the ministry's system/website. -- RSS</span></span></span></p> ', 'published' => true, 'created' => '2023-07-02', 'modified' => '2023-07-02', 'keywords' => '', 'description' => '', 'sortorder' => '18070', 'image' => '20230702093344_20230511021044_1683767264.jpg', 'article_date' => '2023-07-02 21:33:13', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => null, 'user_id' => '34' ) ), (int) 6 => array( 'Article' => array( 'id' => '18339', 'article_category_id' => '1', 'title' => '9,590 Government Employees Face Music for Not Submitting Property Details', 'sub_title' => '', 'summary' => 'A total of 9,590 employees working in the federal and provincial governments failed to submit their property details for the fiscal year 2078-79 BS.', 'content' => '<p><span style="font-size:20px"><span style="font-family:Calibri,sans-serif">July 2: A total of 9,590 employees working in the federal and provincial governments failed to submit their property details for the fiscal year 2078-79 BS. </span></span></p> <p><span style="font-size:20px"><span style="font-family:Calibri,sans-serif">The National Vigilance Centre has already submitted a report to the Commission for the Investigation of Abuse of Authority (CIAA), recommending appropriate action against these employees.</span></span></p> <p><span style="font-size:20px"><span style="font-family:Calibri,sans-serif">As per the Centre's information officer and Under-secretary Hari Prasad Sharma, the CIAA has been recommended to impose a fine of Rs 5,000 on each employee, in accordance with the Provision Relating to Statement of Property (Clause 50), Corruption Prevention Act-2002.</span></span></p> <p><span style="font-size:20px"><span style="font-family:Calibri,sans-serif">Out of the total number of employees, 3,453 are from the civil service, 113 belong to Nepal Police, 1,158 are teachers, and 1,902 are individuals appointed through political appointments and contracts. </span></span></p> <p><span style="font-size:20px"><span style="font-family:Calibri,sans-serif">Additionally, 1,027 employees at the provincial level and 1,917 at the local level also failed to submit their property statements. (RSS)</span></span></p> ', 'published' => true, 'created' => '2023-07-02', 'modified' => '2023-07-02', 'keywords' => '', 'description' => '', 'sortorder' => '18069', 'image' => '20230702062325_collage (63).jpg', 'article_date' => '2023-07-02 18:22:19', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '42' ) ), (int) 7 => array( 'Article' => array( 'id' => '18338', 'article_category_id' => '1', 'title' => 'House of Representatives Passes Finance Bill ', 'sub_title' => '', 'summary' => 'July 2: A meeting of the House of Representatives on Sunday passed the Finance Bill, 2023 with majority. ', 'content' => '<p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"Arial Unicode MS","sans-serif"">July 2: A meeting of the House of Representatives on Sunday passed the Finance Bill, 2023 with majority. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">Finance Minister Dr Prakash Sharan Mahat had presented a proposal in the meeting seeking the passage of the bill. The bill was endorsed after amendment proposals on it were rejected by a majority. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">Lawmakers Prem Suwal, Sumana Shrestha and Sishir Khanal had presented amendment proposal on the bill. Presenting a proposal in the lower house to amend the bill, lawmaker Suwal raised a question over the exemption on Capital Gains Tax provided to Ncell. He alleged the government of failing to collect taxes from various private companies for many years. He drew the attention of the government saying it has not been able to collect tax from Hello Nepal, Muktishree and Synergy Nepal for years. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">Lawmaker Sumana Shrestha, presenting the amendment proposal on the Finance Bill, 2023, questioned the tax imposed at the customs. She demanded imposing customs duty on E-cigarettes. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">"Customs tax has not been levied on e-cigarette and personal e-smoking goods, whereas a 10 percent customs surcharge has been levied on pencils and pencil sharpener used by kids," she complained. </span></span></span></p> <p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"Arial Unicode MS","sans-serif"">She opined that VAT should not be imposed on daily-consumption food and drew the government's attention towards determining the customs charges in a way to ease the import of raw materials for domestic production and products. </span></span></span></p> <p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"Arial Unicode MS","sans-serif"">Shrestha stressed on the need of making arrangements so that the farmers produce would fetch appropriate prices. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">Presenting a proposal seeking amendment to the bill, lawmaker Shishir Khanal criticized the imposition of VAT on air tickets against the government's own policy of promoting domestic production and bringing maximum number of foreign tourists to Nepal.-- RSS </span></span></span><br /> </p> ', 'published' => true, 'created' => '2023-07-02', 'modified' => '2023-07-02', 'keywords' => '', 'description' => '', 'sortorder' => '18068', 'image' => '20230702061705_20220228110858_Parliament.jpg', 'article_date' => '2023-07-02 18:16:25', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '34' ) ), (int) 8 => array( 'Article' => array( 'id' => '18337', 'article_category_id' => '1', 'title' => 'Provincial Ayurveda Hospital to Be Constructed in Sudurpaschim Province ', 'sub_title' => '', 'summary' => 'The government has announced that it will construct a state-of-the-art 100-bed Ayurveda Hospital in Amarpur, Shuklaphanta Municipality-11, Sudurpaschim Province. ', 'content' => '<p><span style="font-size:20px">July 2: The government has announced that it will construct a state-of-the-art 100-bed Ayurveda Hospital in Amarpur, Shuklaphanta Municipality-11, Dhangadhi, Sudurpaschim Province. </span></p> <p><span style="font-size:20px">This decision is in line with the government's commitment made two years ago to establish one Ayurveda Hospital in each of all seven provinces.</span></p> <p><span style="font-size:20px">The hospital will be built on a spacious three bigha area, according to Surya Upadhyay, the Officiating Director at the Ayurveda Directorate. </span></p> <p><span style="font-size:20px">Funding for this essential project has been allocated, with the Department of Ayurveda earmarking Rs 30 million for its completion. Once the land acquisition process is finalized, construction work will commence.</span></p> <p><span style="font-size:20px">The existing 50-bed Ayurveda Hospital in Dhangadhi has been providing healthcare services, and the upcoming 100-bed Ayurveda Hospital in Amarpur will mark a significant milestone for the province. </span></p> <p><span style="font-size:20px">Mayor Rana Bahadur Mahara of Shuklaphanta Municipality said that the land for the construction has already been identified and that the acquisition process will be expedited.</span></p> <p><span style="font-size:20px">The Provincial Ayurveda Hospital aims to function as an advanced institute, offering a wide range of traditional healthcare services. </span></p> <p><span style="font-size:20px">With a dedicated team of 100 employees, including 30 skilled doctors, the hospital will cater to the health needs of the local population effectively.</span></p> <p><span style="font-size:20px">One of the hospital's unique features will be the cultivation and processing of medicinal herbs within the hospital premises itself.</span></p> <p><span style="font-size:20px">This approach aligns with the commitment to provide effective traditional treatments and also opens doors for further research and advancements in Ayurvedic medicine. (RSS)</span></p> ', 'published' => true, 'created' => '2023-07-02', 'modified' => '2023-07-02', 'keywords' => '', 'description' => '', 'sortorder' => '18067', 'image' => '20230702060544_collage (62).jpg', 'article_date' => '2023-07-02 18:03:55', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '42' ) ), (int) 9 => array( 'Article' => array( 'id' => '18336', 'article_category_id' => '1', 'title' => 'Construction Materials Industry to get Loan Restructuring Facility', 'sub_title' => '', 'summary' => 'July 2: Banks and financial institutions will be allowed to restructure the loans given to the construction materials industry as well.', 'content' => '<p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif""><span style="font-size:15.0pt"><span style="font-family:"Arial","sans-serif"">July 2: Banks and financial institutions will be allowed to restructure the loans given to the construction materials industry as well. </span></span></span></span></p> <p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif""><span style="font-size:15.0pt"><span style="font-family:"Arial","sans-serif"">The third quarterly review of the monetary policy states that the loan given to the construction sector can be rescheduled and restructured upon the request of the borrower. </span></span></span></span></p> <p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif""><span style="font-size:15.0pt"><span style="font-family:"Arial","sans-serif"">However, there was confusion regarding which industries the construction sector covers.</span></span></span></span></p> <p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif""><span style="font-size:15.0pt"><span style="font-family:"Arial","sans-serif"">Further clarifying the directive it issued last month, the Nepal Rastra Bank said the credit extended under the residential loan facility for households, non-residential loans for commercial purpose and big construction projects like highway, bridges as well as all the industries directly related to these sectors such as cement, sand and bricks industries fall under the construction sector.</span></span></span></span></p> <p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif""><span style="font-size:15.0pt"><span style="font-family:"Arial","sans-serif"">The banks need to take into account various factors such as the cash flow and income analysis of the construction company and the need and justification for rescheduling the loan. As per the central bank’s provision, the banks can reschedule the loan after analyzing these factors and taking 10 percent interest in advance.</span></span></span></span></p> <p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif""><span style="font-size:15.0pt"><span style="font-family:"Arial","sans-serif"">This facility will be available for the borrowers with active loans as of mid-April this year and the rescheduling or restructuring should be completed by mid-July.</span></span></span></span></p> <p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif""><span style="font-size:15.0pt"><span style="font-family:"Arial","sans-serif"">The central bank issued the clarification after there was confusion regarding the restructuring of loans for which specific industries the construction sector covers.</span></span></span></span></p> <p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif""><span style="font-size:15.0pt"><span style="font-family:"Arial","sans-serif"">Through the third quarter review of the monetary policy, the central bank had announced relief for some sectors, noting that 'some flexibility has been made cautiously'.</span></span></span></span></p> <p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif""><span style="font-size:15.0pt"><span style="font-family:"Arial","sans-serif"">According to the announcement of the monetary policy, the central bank has issued instructions to banks and financial institutions to reschedule the loans extended to hotels and restaurants, animal husbandry, construction sector and loans up to Rs 50 million given to all other sectors upon the request of the borrower, after analyzing the cash flow and income of the industry/business and analyzing the need for restructuring the loan. </span></span></span></span></p> ', 'published' => true, 'created' => '2023-07-02', 'modified' => '2023-07-02', 'keywords' => '', 'description' => '', 'sortorder' => '18066', 'image' => '20230702040756_Nepal_Rastra_Bank2 2.jpg', 'article_date' => '2023-07-02 16:06:56', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => null, 'user_id' => '34' ) ), (int) 10 => array( 'Article' => array( 'id' => '18335', 'article_category_id' => '1', 'title' => 'Over 476,000 Tourists Visited Nepal in Six Months of 2023', 'sub_title' => '', 'summary' => 'July 2: Over 476,000 foreign tourists visited Nepal in the first six months of 2023, according to the Nepal Tourism Board. ', 'content' => '<p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"Arial Unicode MS","sans-serif"">July 2: Over 476,000 foreign tourists visited Nepal in the first six months of 2023, according to the Nepal Tourism Board. </span></span></span></p> <p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"Arial Unicode MS","sans-serif"">Although the arrival of tourists is encouraging compared to the last two years, it is still less than the figure of 536,058 visitors in between January to June 2019 before the onset of the Covid-19 pandemic.</span></span></span></p> <p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"Arial Unicode MS","sans-serif"">The arrival of tourists took a nosedive in the following years due to the lockdown and restrictions imposed to curb the viral outbreak.</span></span></span></p> <p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"Arial Unicode MS","sans-serif"">The arrival of tourists dropped to 220,815 in 2020 followed by 58,058 visitors in 2021, and 240,901 in 2022. </span></span></span></p> ', 'published' => true, 'created' => '2023-07-02', 'modified' => '2023-07-02', 'keywords' => '', 'description' => '', 'sortorder' => '18065', 'image' => '20230702025948_tourism ktm.jpeg', 'article_date' => '2023-07-02 14:58:24', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '34' ) ), (int) 11 => array( 'Article' => array( 'id' => '18334', 'article_category_id' => '1', 'title' => 'Rice Importer Nepal Marked National Paddy Day with Fanfare', 'sub_title' => '', 'summary' => 'July 2: The 20th National Paddy Day was celebrated with great fanfare on Friday.', 'content' => '<p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif""><span style="font-size:15.0pt"><span style="font-family:"Arial","sans-serif"">July 2: The </span></span><span style="font-size:15.0pt"><span style="font-family:"Arial Unicode MS","sans-serif"">20</span></span><span style="font-size:15.0pt"><span style="font-family:"Arial","sans-serif"">th National Paddy Day was celebrated with great fanfare on Friday. The Government of Nepal has been celebrating the National Paddy Day every year since </span></span><span style="font-size:15.0pt"><span style="font-family:"Arial Unicode MS","sans-serif"">2061</span></span><span style="font-size:15.0pt"><span style="font-family:"Arial","sans-serif""> BS on the 15<sup>th</sup> day of the Nepali month of Asar (mid-June to mid-July). </span></span></span></span></p> <p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif""><span style="font-size:15.0pt"><span style="font-family:"Arial","sans-serif"">Ironically, Nepal, an agricultural country, marks the National Paddy Day every year while the country imports rice produced in the USA, India, China, Korea, and Japan which is cooked in the kitchens of the citizens of Nepal.</span></span></span></span></p> <p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif""><span style="font-size:15.0pt"><span style="font-family:"Arial","sans-serif"">According to the data of the Department of Customs, paddy/rice worth Rs </span></span><span style="font-size:15.0pt"><span style="font-family:"Arial Unicode MS","sans-serif"">46</span></span><span style="font-size:15.0pt"><span style="font-family:"Arial","sans-serif""> billion is imported in Nepal every year. </span></span></span></span></p> <p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif""><span style="font-size:15.0pt"><span style="font-family:"Arial","sans-serif"">Nepal imported </span></span><span style="font-size:15.0pt"><span style="font-family:"Arial Unicode MS","sans-serif"">724</span></span><span style="font-size:15.0pt"><span style="font-family:"Arial","sans-serif"">,</span></span><span style="font-size:15.0pt"><span style="font-family:"Arial Unicode MS","sans-serif"">574</span></span><span style="font-size:15.0pt"><span style="font-family:"Arial","sans-serif""> metric tons of paddy and rice worth Rs </span></span><span style="font-size:15.0pt"><span style="font-family:"Arial Unicode MS","sans-serif"">33</span></span><span style="font-size:15.0pt"><span style="font-family:"Arial","sans-serif"">.63 billion in the first </span></span><span style="font-size:15.0pt"><span style="font-family:"Arial Unicode MS","sans-serif"">11</span></span><span style="font-size:15.0pt"><span style="font-family:"Arial","sans-serif""> months of the current fiscal year. It includes </span></span><span style="font-size:15.0pt"><span style="font-family:"Arial Unicode MS","sans-serif"">217,792</span></span><span style="font-size:15.0pt"><span style="font-family:"Arial","sans-serif""> metric tons of rice worth Rs </span></span><span style="font-size:15.0pt"><span style="font-family:"Arial Unicode MS","sans-serif"">14.72</span></span><span style="font-size:15.0pt"><span style="font-family:"Arial","sans-serif""> billion and </span></span><span style="font-size:15.0pt"><span style="font-family:"Arial Unicode MS","sans-serif"">56</span></span><span style="font-size:15.0pt"><span style="font-family:"Arial","sans-serif"">0,</span></span><span style="font-size:15.0pt"><span style="font-family:"Arial Unicode MS","sans-serif"">781</span></span><span style="font-size:15.0pt"><span style="font-family:"Arial","sans-serif""> metric tons of paddy worth Rs </span></span><span style="font-size:15.0pt"><span style="font-family:"Arial Unicode MS","sans-serif"">18.9</span></span><span style="font-size:15.0pt"><span style="font-family:"Arial","sans-serif""> billion.</span></span></span></span></p> <p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif""><span style="font-size:15.0pt"><span style="font-family:"Arial","sans-serif"">In the review period, Nepal imported </span></span><span style="font-size:15.0pt"><span style="font-family:"Arial Unicode MS","sans-serif"">2</span></span><span style="font-size:15.0pt"><span style="font-family:"Arial","sans-serif"">0</span></span><span style="font-size:15.0pt"><span style="font-family:"Arial Unicode MS","sans-serif"">19</span></span><span style="font-size:15.0pt"><span style="font-family:"Arial","sans-serif""> metric tons of rice worth Rs </span></span><span style="font-size:15.0pt"><span style="font-family:"Arial Unicode MS","sans-serif"">193.6</span></span><span style="font-size:15.0pt"><span style="font-family:"Arial","sans-serif""> million from the USA alone.</span></span></span></span></p> <p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif""><span style="font-size:15.0pt"><span style="font-family:"Arial","sans-serif"">During the same period of last year, Nepal imported </span></span><span style="font-size:15.0pt"><span style="font-family:"Arial Unicode MS","sans-serif"">1</span></span><span style="font-size:15.0pt"><span style="font-family:"Arial","sans-serif""> million metric tons of paddy and rice worth Rs </span></span><span style="font-size:15.0pt"><span style="font-family:"Arial Unicode MS","sans-serif"">45</span></span><span style="font-size:15.0pt"><span style="font-family:"Arial","sans-serif"">.29 billion from various countries. It included, </span></span><span style="font-size:15.0pt"><span style="font-family:"Arial Unicode MS","sans-serif"">545</span></span><span style="font-size:15.0pt"><span style="font-family:"Arial","sans-serif"">,</span></span><span style="font-size:15.0pt"><span style="font-family:"Arial Unicode MS","sans-serif"">117</span></span><span style="font-size:15.0pt"><span style="font-family:"Arial","sans-serif""> metric tons of paddy worth Rs </span></span><span style="font-size:15.0pt"><span style="font-family:"Arial Unicode MS","sans-serif"">16</span></span><span style="font-size:15.0pt"><span style="font-family:"Arial","sans-serif"">.79 billion and </span></span><span style="font-size:15.0pt"><span style="font-family:"Arial Unicode MS","sans-serif"">538</span></span><span style="font-size:15.0pt"><span style="font-family:"Arial","sans-serif"">,</span></span><span style="font-size:15.0pt"><span style="font-family:"Arial Unicode MS","sans-serif"">699</span></span><span style="font-size:15.0pt"><span style="font-family:"Arial","sans-serif""> metric tons of rice worth Rs </span></span><span style="font-size:15.0pt"><span style="font-family:"Arial Unicode MS","sans-serif"">28</span></span><span style="font-size:15.0pt"><span style="font-family:"Arial","sans-serif"">.40 billion. </span></span></span></span></p> <p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif""><span style="font-size:15.0pt"><span style="font-family:"Arial","sans-serif"">In Nepal, paddy and rice are imported mainly from China, India, the Philippines, Thailand, Bhutan, Indonesia, Italy, Japan, Korea, Oman, the United States of America, Vietnam, Namibia and other countries.</span></span></span></span></p> <p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif""><span style="font-size:15.0pt"><span style="font-family:"Arial","sans-serif"">According to the National Statistics Office, the contribution of the agricultural sector to the Gross Domestic Product (GDP) of Nepal in the year </span></span><span style="font-size:15.0pt"><span style="font-family:"Arial Unicode MS","sans-serif"">2021/22 </span></span><span style="font-size:15.0pt"><span style="font-family:"Arial","sans-serif"">was </span></span><span style="font-size:15.0pt"><span style="font-family:"Arial Unicode MS","sans-serif"">23.9 </span></span><span style="font-size:15.0pt"><span style="font-family:"Arial","sans-serif"">percent. Out of which the contribution of paddy was </span></span><span style="font-size:15.0pt"><span style="font-family:"Arial Unicode MS","sans-serif"">11.30 </span></span><span style="font-size:15.0pt"><span style="font-family:"Arial","sans-serif"">percent. In </span></span><span style="font-size:15.0pt"><span style="font-family:"Arial Unicode MS","sans-serif"">2020/21</span></span><span style="font-size:15.0pt"><span style="font-family:"Arial","sans-serif"">, the contribution of rice to GDP was </span></span><span style="font-size:15.0pt"><span style="font-family:"Arial Unicode MS","sans-serif"">12.64 </span></span><span style="font-size:15.0pt"><span style="font-family:"Arial","sans-serif"">percent.</span></span></span></span></p> <p> </p> <p> </p> ', 'published' => true, 'created' => '2023-07-02', 'modified' => '2023-07-02', 'keywords' => '', 'description' => '', 'sortorder' => '18064', 'image' => '20230702012917_rice-paddy.jpg', 'article_date' => '2023-07-02 13:28:37', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => null, 'user_id' => '34' ) ), (int) 12 => array( 'Article' => array( 'id' => '18333', 'article_category_id' => '1', 'title' => 'Two-way Traffic Halted on Narayangadh-Muglin Road ', 'sub_title' => '', 'summary' => 'July 2: The Narayangadh-Muglin road has been blocked since Saturday night. ', 'content' => '<p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"Arial Unicode MS","sans-serif"">July 2: The Narayangadh-Muglin road has been blocked since Saturday night. Two-traffic has come to a halt in the road section after a landslide occurred at Bridge No 3 located in Ichchakamana Rural Municipality-5 of Chitwan on Saturday night. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">According to the Muglin area police office, preparations are being made to remove the landslide debris and resume traffic. Police inspector of the area police office, Muglin, Bishal Tamang, said power cables have also snapped due to the landslide and hence the clearing of the landslide debris will start after the cables are managed. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">The road has been blocked repeatedly due to landslide at the same place since Thursday. On an average 10,000 vehicles pass through this road daily. Frequent road closures is causing huge distress to the travelers. -- RSS</span></span></span></p> ', 'published' => true, 'created' => '2023-07-02', 'modified' => '2023-07-02', 'keywords' => '', 'description' => '', 'sortorder' => '18063', 'image' => '20230702115720_HLG_MUGLIN_IMG_9554.jpg', 'article_date' => '2023-07-02 11:56:26', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => null, 'user_id' => '34' ) ), (int) 13 => array( 'Article' => array( 'id' => '18332', 'article_category_id' => '1', 'title' => 'Grants for Farmers Helping to Cultivate Barren Lands in Gorkha ', 'sub_title' => '', 'summary' => 'July 2: Barpak Sulikot Rural Municipality of Gorkha has seen a rise in the number of farmers utilizing their barren lands for production of cash crops with good returns- thanks to the a new measure put in place by the local level. ', 'content' => '<p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"Arial Unicode MS","sans-serif"">July 2: Barpak Sulikot Rural Municipality of Gorkha has seen a rise in the number of farmers utilizing their barren lands for production of cash crops with good returns- thanks to the a new measure put in place by the local level. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">Barpak Sulikot Rural Municipality has been providing grant to the farmers as a motivational allowance for utilizing their barren lands. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">The local government had introduced the 'Procedure for use of barren land 2022' and implemented it since the fiscal year 2077/78 BS to motivate the farmers to not desert cultivable land. The local farmers are enthused and further motivated not to keep their arable land barren, according to Tulasi Ram Acharya, chief administrative officer of the rural municipality. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">"For those opting vegetables and other crops are provided up to Rs 3,000 per ropani while those cultivating herbs and spices would get up to Rs 2500 per ropani and those farming fruits receive up to Rs 2,000 per ropani as grant," said Acharya. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">Interestingly, the procedure has a provision of punishment for those farmers not disclosing the information about their barren land to the local government, shared Acharya, adding that such farmers are fined Rs 200 per ropani. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">A total of 938 ropanis of barren land have been used for farming since the implementation of this scheme, shared Bishnu Prasad Bhatt, chairperson of Barpak Sulikot Rural Municipality. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">The culture of cultivation was gradually decreasing in the village lately while the import of agricultural products was on the rise. Against this backdrop, the local administration placed the policy to boost domestic production and make farmers self-reliant, said Chairperson Bhatta. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">Mohan Dhakal, one of the beneficiaries of the grant, said, "This scheme has helped instill the concept that farmers like me could be self-reliant through agriculture rather than seeking greener pastures." </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">Agricultural production has spiked in the rural municipality following the implementation of this scheme, said farmer Dhakal. -- RSS</span></span></span></p> ', 'published' => true, 'created' => '2023-07-02', 'modified' => '2023-07-02', 'keywords' => '', 'description' => '', 'sortorder' => '18062', 'image' => '20230702110810_36801295310_80d687ad9a_k-2.jpg', 'article_date' => '2023-07-02 11:07:29', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => null, 'user_id' => '34' ) ), (int) 14 => array( 'Article' => array( 'id' => '18330', 'article_category_id' => '1', 'title' => 'Ratnanagar Municipality Hosts Job Fair for Youths ', 'sub_title' => '', 'summary' => 'Ratnanagar Municipality in Chitwan is currently hosting a career guidance and employment fair aimed at providing valuable resources for job seekers.', 'content' => '<p><span style="font-size:18px"><span style="font-family:Calibri,sans-serif">July 2: Ratnanagar Municipality in Chitwan is currently hosting a career guidance and employment fair aimed at providing valuable resources for job seekers. </span></span></p> <p><span style="font-size:18px"><span style="font-family:Calibri,sans-serif">The fair, jointly organized by Ratnanagar Municipality and Bharatpur Metropolitan City, commenced on Friday with the objective of promoting employment opportunities and facilitating essential training for youths aspiring to excel in their chosen fields or venture into entrepreneurship.</span></span></p> <p><span style="font-size:18px"><span style="font-family:Calibri,sans-serif">The fair has been divided into 34 exhibition stalls, accommodating both employer companies and skill training institutes. </span></span><span style="font-size:18px"><span style="font-family:Calibri,sans-serif">These stalls serve as platforms for employers to showcase their organizations and potential job opportunities, while also offering attendees the chance to explore various skill training programs available to them.</span></span></p> <p><span style="font-size:18px"><span style="font-family:Calibri,sans-serif">Prahlad Sapkota, the Mayor of Ratnanagar Municipality, expressed the municipality's commitment to actively creating employment opportunities for local youths. </span></span></p> <p><span style="font-size:18px"><span style="font-family:Calibri,sans-serif">The municipality has sought technical support from Helvetas Nepal to implement job-oriented training programs. Deputy Mayor Yadav Prasad Pathak highlighted the fair's significance for individuals possessing skills but lacking job opportunities. </span></span></p> <p><span style="font-size:18px"><span style="font-family:Calibri,sans-serif">Yadav emphasized that the event provides a space for such individuals to connect with potential employers and secure employment. </span></span><span style="font-size:18px"><span style="font-family:Calibri,sans-serif">Additionally, the fair also offers a platform for individuals seeking to acquire new skills, enabling them to explore training opportunities and enhance their employability.</span></span></p> <p><span style="font-size:18px"><span style="font-family:Calibri,sans-serif">This job fair is expected to be a significant milestone in fostering employment opportunities, as it facilitates direct interaction between job seekers and job providers. </span></span></p> <p> </p> ', 'published' => true, 'created' => '2023-07-02', 'modified' => '2023-07-02', 'keywords' => '', 'description' => '', 'sortorder' => '18061', 'image' => '20230702062307_collage (8).jpg', 'article_date' => '2023-07-02 06:17:27', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '42' ) ) ) $current_user = null $logged_in = falsesimplexml_load_file - [internal], line ?? include - APP/View/Elements/side_bar.ctp, line 60 View::_evaluate() - CORE/Cake/View/View.php, line 971 View::_render() - CORE/Cake/View/View.php, line 933 View::_renderElement() - CORE/Cake/View/View.php, line 1224 View::element() - CORE/Cake/View/View.php, line 418 include - APP/View/Articles/index.ctp, line 157 View::_evaluate() - CORE/Cake/View/View.php, line 971 View::_render() - CORE/Cake/View/View.php, line 933 View::render() - CORE/Cake/View/View.php, line 473 Controller::render() - CORE/Cake/Controller/Controller.php, line 968 Dispatcher::_invoke() - CORE/Cake/Routing/Dispatcher.php, line 200 Dispatcher::dispatch() - CORE/Cake/Routing/Dispatcher.php, line 167 [main] - APP/webroot/index.php, line 117
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', 'content' => '<p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"Arial Unicode MS","sans-serif"">July 3: Two-way traffic has resumed along the Narayangarh-Muglin road section. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">According to the Area Police Office, Muglin, the two-way road traffic was disrupted again on Monday morning after a landslide occurred at bridge number three of Ichhakamana-5. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">The vehicular movement was brought to normalcy after clearing off the landslide debris, informed Inspector Bishal Tamang, chief of the Area Police Office, Muglin. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">According to the police, the driver of a truck with registration number Na 6 Kha 710 was injured in a landslide on Monday morning. Injured driver is undergoing treatment at Muglin Highway Hospital, police said. </span></span></span></p> <p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"Arial Unicode MS","sans-serif"">Frequent landslides have been obstructing the Narayangarh-Muglin road section time and again.</span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">Prior to this, the road that was closed on Thursday due to landslide at the same place. </span></span></span></p> <p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"Arial Unicode MS","sans-serif"">The road was blocked again on Saturday night. Vehicular movement had resumed on Sunday evening after 18 hours. -- RSS </span></span></span></p> ', 'published' => true, 'created' => '2023-07-03', 'modified' => '2023-07-03', 'keywords' => '', 'description' => '', 'sortorder' => '18076', 'image' => '20230703011459_HLG_MUGLIN_IMG_9554.jpg', 'article_date' => '2023-07-03 13:13:34', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => null, 'user_id' => '34' ) ), (int) 1 => array( 'Article' => array( 'id' => '18345', 'article_category_id' => '1', 'title' => 'NPC brings Calendar to Prepare 16th Periodic Plan ', 'sub_title' => '', 'summary' => 'July 3: The National Planning Commission (NPC) has brought a calendar to prepare the 16th five-year periodic plan to be enforced from 2081/82 BS to 2085/86 BS. ', 'content' => '<p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"Arial Unicode MS","sans-serif"">July 3: The National Planning Commission (NPC) has brought a calendar to prepare the 16th five-year periodic plan to be enforced from 2081/82 BS to 2085/86 BS. It has issued a 'work procedure on institutional management for preparation of the 16th periodic plan, 2080'. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">As per the work procedure, activities began from June 4 and they would be concluded with the periodic plan getting endorsed by mid-February 2024. Similarly, the interviews with experts would conclude as part of the preparation of the plan by mid-July this year. The NPC is to endorse the draft of the concept paper of 16th periodic plan by July 23. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">A direction committee has been formed under the coordination of NPC vice chairman while five thematic committees have been formed under the coordination of NPC members. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">The federal planning body of the country is all set to gather thematic information from the concerned ministries by August 24. Overall economic and investment framework will be completed by the end of August. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">The work procedure further states that by upcoming October 8, the National Development Council would be formed and its members handed over the integrated preliminary draft of the 16th periodic plan. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">The NPC said that the 16th five-year periodic plan to be enforced from the beginning of the fiscal year 2081/82 BS would be prepared by taking into account the Constitution of Nepal, national and sectoral policies, 15th periodic plan and its review, LDC Graduation Strategy, achievements of SDGs, and mid-term expenditure framework, among others. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">Currently, discussions with the subject experts are going on. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">The thematic committees formed for the preparation of 16th five-year plan will cover issues such as the overall economic outline and plans, economic sector, infrastructures and environment sector, social sector and institutional development and good governance. -- RSS</span></span></span></p> ', 'published' => true, 'created' => '2023-07-03', 'modified' => '2023-07-03', 'keywords' => '', 'description' => '', 'sortorder' => '18075', 'image' => '20230703105203_image.jpg', 'article_date' => '2023-07-03 10:44:46', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '34' ) ), (int) 2 => array( 'Article' => array( 'id' => '18343', 'article_category_id' => '1', 'title' => 'BFIs Warn of Shutting their Business if Attack Continues', 'sub_title' => '', 'summary' => 'July 3: Operators of banks and financial institutions (BFIs) have warned to stop the banking business if the attacks on their employees do not stop right away.', 'content' => '<p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif""><span style="font-size:15.0pt"><span style="font-family:"Arial","sans-serif"">July 3: Operators of banks and financial institutions (BFIs) have warned to stop the banking business if the attacks on their employees do not stop right away.</span></span></span></span></p> <p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif""><span style="font-size:15.0pt"><span style="font-family:"Arial","sans-serif"">The Confederation of Banks and Financial Institutions Nepal (CIBFIN), an umbrella organization of bank and financial institutions, issued a press statement on Sunday demanding security guarantee from the government and legal action against individuals or groups who attack banks and financial institutions. The statement has also urged the government to make effective security arrangements for the operation of banking business.</span></span></span></span></p> <p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif""><span style="font-size:15.0pt"><span style="font-family:"Arial","sans-serif"">Recently, disputes between businessmen and banks have increased after banks and financial institutions emphasized on debt recovery. In some districts, the businessmen protested against the bank and also resorted to physical attacks on bank employees.</span></span></span></span></p> <p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif""><span style="font-size:15.0pt"><span style="font-family:"Arial","sans-serif"">The meeting of the confederation held on Friday decided to file a complaint for legal action against individuals or groups who attack banks and financial institutions and their employees. They say that efforts to discourage non-payment of loan interest and to physically assault, humiliate, or prevent employees from doing their jobs are being done continuously in various places.</span></span></span></span></p> <p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif""><span style="font-size:15.0pt"><span style="font-family:"Arial Unicode MS","sans-serif"">"</span></span><span style="font-size:15.0pt"><span style="font-family:"Arial","sans-serif"">CBFIN and all its affiliate members are fully committed to file a complaint against any person or organization that causes damage to the credibility or property of banks and financial institutions under any pretext by creating obstacles in the banking business," said a banker after the meeting. The statement released by CBFIN has urged the prime minister, home minister, home secretary, inspector general of police, chief district officers of </span></span><span style="font-size:15.0pt"><span style="font-family:"Arial Unicode MS","sans-serif"">77</span></span><span style="font-size:15.0pt"><span style="font-family:"Arial","sans-serif""> districts and all stakeholders to make effective security arrangements for banks and financial institutions and all employees.</span></span></span></span></p> <p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif""><span style="font-size:15.0pt"><span style="font-family:"Arial","sans-serif"">The association has also warned that if the government is not able to create an environment for operation of banks, the banking services will be completely closed. </span></span></span></span></p> <p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif""><span style="font-size:15.0pt"><span style="font-family:"Arial","sans-serif"">“If the government and its agencies cannot ensure an environment that facilitates the fulfillment of duties and responsibilities by using the rights given to banks and financial institutions in a safe environment, then all banks and financial institutions licensed by Nepal Rastra Bank may have to completely shut their services,” reads the statement, adding, “This will create a serious crisis for all stakeholders including the depositors, creditors and ultimately create an unimaginable crisis in the economy as a whole, so we want to draw the attention of all concerned.”</span></span></span></span></p> <p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif""><span style="font-size:15.0pt"><span style="font-family:"Arial","sans-serif"">Earlier, Nepal Bankers Association, Development Bankers Association Nepal, Nepal Financial Institutions Association and Nepal Microfinance Bankers Association had also issued a joint statement and warned that they will act strongly against the continued threat to banks and financial institutions.</span></span></span></span></p> <p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif""><span style="font-size:15.0pt"><span style="font-family:"Arial","sans-serif"">The bankers say that some people have obstructed the service delivery of some branches of banks and financial institutions as well as microfinance companies in Itahari, Sunsari, Birtamod and other places of eastern Nepal. They added that the employees have been threatened and customers deprived of essential banking services. </span></span></span></span></p> <p> </p> <p> </p> <p> </p> ', 'published' => true, 'created' => '2023-07-03', 'modified' => '2023-07-03', 'keywords' => '', 'description' => '', 'sortorder' => '18073', 'image' => '20230703103256_Banks - Copy.jpg', 'article_date' => '2023-07-03 10:31:37', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => null, 'user_id' => '34' ) ), (int) 3 => array( 'Article' => array( 'id' => '18342', 'article_category_id' => '1', 'title' => 'Anil Shrestha Appointed New CEO of Progressive Finance Limited', 'sub_title' => '', 'summary' => 'Anil Shrestha has been appointed as the Chief Executive Officer (CEO) of Progressive Finance Limited. The decision was made during a meeting of the Board of Directors held on Friday.', 'content' => '<p><span style="font-size:11pt"><span style="font-family:Calibri,sans-serif"><span style="font-size:20.0pt">July 3: Anil Shrestha has been appointed as the Chief Executive Officer (CEO) of Progressive Finance Limited. The decision was made during a meeting of the Board of Directors held on Friday.</span></span></span></p> <p><span style="font-size:11pt"><span style="font-family:Calibri,sans-serif"><span style="font-size:20.0pt">Shrestha, with 27 years of experience in various financial institutions, including 13 years as the CEO of Reliance Finance, brings a wealth of expertise to his new role.</span></span></span></p> <p><span style="font-size:11pt"><span style="font-family:Calibri,sans-serif"><span style="font-size:20.0pt"> His strong leadership in financial risk management and compliance is expected to propel Progressive Finance to new heights. Shrestha will serve as CEO for a tenure of four years.</span></span></span></p> <p><span style="font-size:11pt"><span style="font-family:Calibri,sans-serif"><span style="font-size:20.0pt">Shrestha has expressed his commitment to making the finance strong, capable and excellent in every possible way. </span></span></span></p> <p> </p> ', 'published' => true, 'created' => '2023-07-03', 'modified' => '2023-07-03', 'keywords' => '', 'description' => '', 'sortorder' => '18072', 'image' => '20230703060909_collage (11).jpg', 'article_date' => '2023-07-03 06:07:59', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '42' ) ), (int) 4 => array( 'Article' => array( 'id' => '18341', 'article_category_id' => '1', 'title' => 'Lalita Niwas Land Grab Scam: Three More Nabbed', 'sub_title' => '', 'summary' => 'Three more individuals were arrested by the Central Investigation Bureau (CIB) of Nepal Police in relation to the Lalita Niwas land-grab scam on Sunday. ', 'content' => '<p><span style="font-size:11pt"><span style="font-family:Calibri,sans-serif"><span style="font-size:20.0pt">July 3: Three more individuals were arrested by the Central Investigation Bureau (CIB) of Nepal Police in relation to the Lalita Niwas land-grab scam on Sunday. </span></span></span></p> <p><span style="font-size:11pt"><span style="font-family:Calibri,sans-serif"><span style="font-size:20.0pt">The arrested individuals include Shivaji Bhattarai, who was the secretary of ward no. 4 of Kathmandu Metropolitan City (KMC) in 2060 BS and currently serves as an officer at the KMC Cooperatives Department. </span></span></span></p> <p><span style="font-size:11pt"><span style="font-family:Calibri,sans-serif"><span style="font-size:20.0pt">Additionally, the then staffers at the Survey Office, Ghaman Kumar Karki, and Baburaja Maharajn, who posed as fake tenants, were also arrested, according to Kuber Kadayat, Spokesperson and DIG of the Nepal Police. </span></span></span></p> <p><span style="font-size:11pt"><span style="font-family:Calibri,sans-serif"><span style="font-size:20.0pt">The arrests were made on the charge of forging government documents to fraudulently acquire the Lalita Niwas land. </span></span></span></p> <p><span style="font-size:11pt"><span style="font-family:Calibri,sans-serif"><span style="font-size:20.0pt">This brings the total number of people taken into custody by the CIB in connection with the infamous land-grabbing scam to seven. </span></span></span><span style="font-size:11pt"><span style="font-family:Calibri,sans-serif"><span style="font-size:20.0pt">Previously, four individuals were arrested, and their remand has been extended by the court.</span></span></span></p> <p><span style="font-size:11pt"><span style="font-family:Calibri,sans-serif"><span style="font-size:20.0pt">Lalita Niwas, a public property in Baluwatar, saw multiple individuals acquiring ownership of the land between 2049 BS and 2069 BS through illegal means. (RSS)</span></span></span></p> ', 'published' => true, 'created' => '2023-07-03', 'modified' => '2023-07-03', 'keywords' => '', 'description' => '', 'sortorder' => '18071', 'image' => '20230703053935_collage (10).jpg', 'article_date' => '2023-07-03 05:37:26', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '42' ) ), (int) 5 => array( 'Article' => array( 'id' => '18340', 'article_category_id' => '1', 'title' => 'Only 446 Local Levels make Public their Budgets ', 'sub_title' => '', 'summary' => 'July 2: Out of 753 local levels, only 446 have been able to make public the budget for the upcoming fiscal year (FY 2023/24). ', 'content' => '<p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"Arial Unicode MS","sans-serif"">July 2: Out of 753 local levels, only 446 have been able to make public the budget for the upcoming fiscal year (FY 2023/24). </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">The Ministry of Federal Affairs and General Administration informed that 307 municipalities failed to release the annual budget. According to the constitutional provision, the local levels are bound to release budget within Asar 10 every year as per the Nepali calendar. It showed that 42 percent of local levels failed to bring budget, according to spokesperson for the ministry, Kamal Prasad Bhattarai. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">"If budget is released after Asar 10, it is illegal. It flouts legal provision," Bhattarai stressed. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">In the Karnali Province, 63 municipalities out of 79 did not release the budget. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">Lumbini Province witnessed highest record in budget release at 73.4 percent. Only 29 municipalities out of 109 municipalities failed to abide by the law. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">Sudurpaschim Province witnessed budget announcements in 56.8 percent of local units. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">The Bagmati Province, which is the home to the federal capital, has been able to release budgets only at 63 local levels out of 129 local levels, which is 52.9 percent. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">Madhes Province's budget release stands at 42.6 percent. There are 136 local levels in this province. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">Spokesperson Bhattarai, however, said although some municipalities brought budgets, their information/data is yet to be entered in the ministry's system/website. -- RSS</span></span></span></p> ', 'published' => true, 'created' => '2023-07-02', 'modified' => '2023-07-02', 'keywords' => '', 'description' => '', 'sortorder' => '18070', 'image' => '20230702093344_20230511021044_1683767264.jpg', 'article_date' => '2023-07-02 21:33:13', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => null, 'user_id' => '34' ) ), (int) 6 => array( 'Article' => array( 'id' => '18339', 'article_category_id' => '1', 'title' => '9,590 Government Employees Face Music for Not Submitting Property Details', 'sub_title' => '', 'summary' => 'A total of 9,590 employees working in the federal and provincial governments failed to submit their property details for the fiscal year 2078-79 BS.', 'content' => '<p><span style="font-size:20px"><span style="font-family:Calibri,sans-serif">July 2: A total of 9,590 employees working in the federal and provincial governments failed to submit their property details for the fiscal year 2078-79 BS. </span></span></p> <p><span style="font-size:20px"><span style="font-family:Calibri,sans-serif">The National Vigilance Centre has already submitted a report to the Commission for the Investigation of Abuse of Authority (CIAA), recommending appropriate action against these employees.</span></span></p> <p><span style="font-size:20px"><span style="font-family:Calibri,sans-serif">As per the Centre's information officer and Under-secretary Hari Prasad Sharma, the CIAA has been recommended to impose a fine of Rs 5,000 on each employee, in accordance with the Provision Relating to Statement of Property (Clause 50), Corruption Prevention Act-2002.</span></span></p> <p><span style="font-size:20px"><span style="font-family:Calibri,sans-serif">Out of the total number of employees, 3,453 are from the civil service, 113 belong to Nepal Police, 1,158 are teachers, and 1,902 are individuals appointed through political appointments and contracts. </span></span></p> <p><span style="font-size:20px"><span style="font-family:Calibri,sans-serif">Additionally, 1,027 employees at the provincial level and 1,917 at the local level also failed to submit their property statements. (RSS)</span></span></p> ', 'published' => true, 'created' => '2023-07-02', 'modified' => '2023-07-02', 'keywords' => '', 'description' => '', 'sortorder' => '18069', 'image' => '20230702062325_collage (63).jpg', 'article_date' => '2023-07-02 18:22:19', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '42' ) ), (int) 7 => array( 'Article' => array( 'id' => '18338', 'article_category_id' => '1', 'title' => 'House of Representatives Passes Finance Bill ', 'sub_title' => '', 'summary' => 'July 2: A meeting of the House of Representatives on Sunday passed the Finance Bill, 2023 with majority. ', 'content' => '<p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"Arial Unicode MS","sans-serif"">July 2: A meeting of the House of Representatives on Sunday passed the Finance Bill, 2023 with majority. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">Finance Minister Dr Prakash Sharan Mahat had presented a proposal in the meeting seeking the passage of the bill. The bill was endorsed after amendment proposals on it were rejected by a majority. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">Lawmakers Prem Suwal, Sumana Shrestha and Sishir Khanal had presented amendment proposal on the bill. Presenting a proposal in the lower house to amend the bill, lawmaker Suwal raised a question over the exemption on Capital Gains Tax provided to Ncell. He alleged the government of failing to collect taxes from various private companies for many years. He drew the attention of the government saying it has not been able to collect tax from Hello Nepal, Muktishree and Synergy Nepal for years. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">Lawmaker Sumana Shrestha, presenting the amendment proposal on the Finance Bill, 2023, questioned the tax imposed at the customs. She demanded imposing customs duty on E-cigarettes. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">"Customs tax has not been levied on e-cigarette and personal e-smoking goods, whereas a 10 percent customs surcharge has been levied on pencils and pencil sharpener used by kids," she complained. </span></span></span></p> <p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"Arial Unicode MS","sans-serif"">She opined that VAT should not be imposed on daily-consumption food and drew the government's attention towards determining the customs charges in a way to ease the import of raw materials for domestic production and products. </span></span></span></p> <p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"Arial Unicode MS","sans-serif"">Shrestha stressed on the need of making arrangements so that the farmers produce would fetch appropriate prices. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">Presenting a proposal seeking amendment to the bill, lawmaker Shishir Khanal criticized the imposition of VAT on air tickets against the government's own policy of promoting domestic production and bringing maximum number of foreign tourists to Nepal.-- RSS </span></span></span><br /> </p> ', 'published' => true, 'created' => '2023-07-02', 'modified' => '2023-07-02', 'keywords' => '', 'description' => '', 'sortorder' => '18068', 'image' => '20230702061705_20220228110858_Parliament.jpg', 'article_date' => '2023-07-02 18:16:25', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '34' ) ), (int) 8 => array( 'Article' => array( 'id' => '18337', 'article_category_id' => '1', 'title' => 'Provincial Ayurveda Hospital to Be Constructed in Sudurpaschim Province ', 'sub_title' => '', 'summary' => 'The government has announced that it will construct a state-of-the-art 100-bed Ayurveda Hospital in Amarpur, Shuklaphanta Municipality-11, Sudurpaschim Province. ', 'content' => '<p><span style="font-size:20px">July 2: The government has announced that it will construct a state-of-the-art 100-bed Ayurveda Hospital in Amarpur, Shuklaphanta Municipality-11, Dhangadhi, Sudurpaschim Province. </span></p> <p><span style="font-size:20px">This decision is in line with the government's commitment made two years ago to establish one Ayurveda Hospital in each of all seven provinces.</span></p> <p><span style="font-size:20px">The hospital will be built on a spacious three bigha area, according to Surya Upadhyay, the Officiating Director at the Ayurveda Directorate. </span></p> <p><span style="font-size:20px">Funding for this essential project has been allocated, with the Department of Ayurveda earmarking Rs 30 million for its completion. Once the land acquisition process is finalized, construction work will commence.</span></p> <p><span style="font-size:20px">The existing 50-bed Ayurveda Hospital in Dhangadhi has been providing healthcare services, and the upcoming 100-bed Ayurveda Hospital in Amarpur will mark a significant milestone for the province. </span></p> <p><span style="font-size:20px">Mayor Rana Bahadur Mahara of Shuklaphanta Municipality said that the land for the construction has already been identified and that the acquisition process will be expedited.</span></p> <p><span style="font-size:20px">The Provincial Ayurveda Hospital aims to function as an advanced institute, offering a wide range of traditional healthcare services. </span></p> <p><span style="font-size:20px">With a dedicated team of 100 employees, including 30 skilled doctors, the hospital will cater to the health needs of the local population effectively.</span></p> <p><span style="font-size:20px">One of the hospital's unique features will be the cultivation and processing of medicinal herbs within the hospital premises itself.</span></p> <p><span style="font-size:20px">This approach aligns with the commitment to provide effective traditional treatments and also opens doors for further research and advancements in Ayurvedic medicine. (RSS)</span></p> ', 'published' => true, 'created' => '2023-07-02', 'modified' => '2023-07-02', 'keywords' => '', 'description' => '', 'sortorder' => '18067', 'image' => '20230702060544_collage (62).jpg', 'article_date' => '2023-07-02 18:03:55', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '42' ) ), (int) 9 => array( 'Article' => array( 'id' => '18336', 'article_category_id' => '1', 'title' => 'Construction Materials Industry to get Loan Restructuring Facility', 'sub_title' => '', 'summary' => 'July 2: Banks and financial institutions will be allowed to restructure the loans given to the construction materials industry as well.', 'content' => '<p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif""><span style="font-size:15.0pt"><span style="font-family:"Arial","sans-serif"">July 2: Banks and financial institutions will be allowed to restructure the loans given to the construction materials industry as well. </span></span></span></span></p> <p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif""><span style="font-size:15.0pt"><span style="font-family:"Arial","sans-serif"">The third quarterly review of the monetary policy states that the loan given to the construction sector can be rescheduled and restructured upon the request of the borrower. </span></span></span></span></p> <p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif""><span style="font-size:15.0pt"><span style="font-family:"Arial","sans-serif"">However, there was confusion regarding which industries the construction sector covers.</span></span></span></span></p> <p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif""><span style="font-size:15.0pt"><span style="font-family:"Arial","sans-serif"">Further clarifying the directive it issued last month, the Nepal Rastra Bank said the credit extended under the residential loan facility for households, non-residential loans for commercial purpose and big construction projects like highway, bridges as well as all the industries directly related to these sectors such as cement, sand and bricks industries fall under the construction sector.</span></span></span></span></p> <p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif""><span style="font-size:15.0pt"><span style="font-family:"Arial","sans-serif"">The banks need to take into account various factors such as the cash flow and income analysis of the construction company and the need and justification for rescheduling the loan. As per the central bank’s provision, the banks can reschedule the loan after analyzing these factors and taking 10 percent interest in advance.</span></span></span></span></p> <p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif""><span style="font-size:15.0pt"><span style="font-family:"Arial","sans-serif"">This facility will be available for the borrowers with active loans as of mid-April this year and the rescheduling or restructuring should be completed by mid-July.</span></span></span></span></p> <p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif""><span style="font-size:15.0pt"><span style="font-family:"Arial","sans-serif"">The central bank issued the clarification after there was confusion regarding the restructuring of loans for which specific industries the construction sector covers.</span></span></span></span></p> <p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif""><span style="font-size:15.0pt"><span style="font-family:"Arial","sans-serif"">Through the third quarter review of the monetary policy, the central bank had announced relief for some sectors, noting that 'some flexibility has been made cautiously'.</span></span></span></span></p> <p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif""><span style="font-size:15.0pt"><span style="font-family:"Arial","sans-serif"">According to the announcement of the monetary policy, the central bank has issued instructions to banks and financial institutions to reschedule the loans extended to hotels and restaurants, animal husbandry, construction sector and loans up to Rs 50 million given to all other sectors upon the request of the borrower, after analyzing the cash flow and income of the industry/business and analyzing the need for restructuring the loan. </span></span></span></span></p> ', 'published' => true, 'created' => '2023-07-02', 'modified' => '2023-07-02', 'keywords' => '', 'description' => '', 'sortorder' => '18066', 'image' => '20230702040756_Nepal_Rastra_Bank2 2.jpg', 'article_date' => '2023-07-02 16:06:56', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => null, 'user_id' => '34' ) ), (int) 10 => array( 'Article' => array( 'id' => '18335', 'article_category_id' => '1', 'title' => 'Over 476,000 Tourists Visited Nepal in Six Months of 2023', 'sub_title' => '', 'summary' => 'July 2: Over 476,000 foreign tourists visited Nepal in the first six months of 2023, according to the Nepal Tourism Board. ', 'content' => '<p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"Arial Unicode MS","sans-serif"">July 2: Over 476,000 foreign tourists visited Nepal in the first six months of 2023, according to the Nepal Tourism Board. </span></span></span></p> <p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"Arial Unicode MS","sans-serif"">Although the arrival of tourists is encouraging compared to the last two years, it is still less than the figure of 536,058 visitors in between January to June 2019 before the onset of the Covid-19 pandemic.</span></span></span></p> <p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"Arial Unicode MS","sans-serif"">The arrival of tourists took a nosedive in the following years due to the lockdown and restrictions imposed to curb the viral outbreak.</span></span></span></p> <p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"Arial Unicode MS","sans-serif"">The arrival of tourists dropped to 220,815 in 2020 followed by 58,058 visitors in 2021, and 240,901 in 2022. </span></span></span></p> ', 'published' => true, 'created' => '2023-07-02', 'modified' => '2023-07-02', 'keywords' => '', 'description' => '', 'sortorder' => '18065', 'image' => '20230702025948_tourism ktm.jpeg', 'article_date' => '2023-07-02 14:58:24', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '34' ) ), (int) 11 => array( 'Article' => array( 'id' => '18334', 'article_category_id' => '1', 'title' => 'Rice Importer Nepal Marked National Paddy Day with Fanfare', 'sub_title' => '', 'summary' => 'July 2: The 20th National Paddy Day was celebrated with great fanfare on Friday.', 'content' => '<p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif""><span style="font-size:15.0pt"><span style="font-family:"Arial","sans-serif"">July 2: The </span></span><span style="font-size:15.0pt"><span style="font-family:"Arial Unicode MS","sans-serif"">20</span></span><span style="font-size:15.0pt"><span style="font-family:"Arial","sans-serif"">th National Paddy Day was celebrated with great fanfare on Friday. The Government of Nepal has been celebrating the National Paddy Day every year since </span></span><span style="font-size:15.0pt"><span style="font-family:"Arial Unicode MS","sans-serif"">2061</span></span><span style="font-size:15.0pt"><span style="font-family:"Arial","sans-serif""> BS on the 15<sup>th</sup> day of the Nepali month of Asar (mid-June to mid-July). </span></span></span></span></p> <p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif""><span style="font-size:15.0pt"><span style="font-family:"Arial","sans-serif"">Ironically, Nepal, an agricultural country, marks the National Paddy Day every year while the country imports rice produced in the USA, India, China, Korea, and Japan which is cooked in the kitchens of the citizens of Nepal.</span></span></span></span></p> <p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif""><span style="font-size:15.0pt"><span style="font-family:"Arial","sans-serif"">According to the data of the Department of Customs, paddy/rice worth Rs </span></span><span style="font-size:15.0pt"><span style="font-family:"Arial Unicode MS","sans-serif"">46</span></span><span style="font-size:15.0pt"><span style="font-family:"Arial","sans-serif""> billion is imported in Nepal every year. </span></span></span></span></p> <p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif""><span style="font-size:15.0pt"><span style="font-family:"Arial","sans-serif"">Nepal imported </span></span><span style="font-size:15.0pt"><span style="font-family:"Arial Unicode MS","sans-serif"">724</span></span><span style="font-size:15.0pt"><span style="font-family:"Arial","sans-serif"">,</span></span><span style="font-size:15.0pt"><span style="font-family:"Arial Unicode MS","sans-serif"">574</span></span><span style="font-size:15.0pt"><span style="font-family:"Arial","sans-serif""> metric tons of paddy and rice worth Rs </span></span><span style="font-size:15.0pt"><span style="font-family:"Arial Unicode MS","sans-serif"">33</span></span><span style="font-size:15.0pt"><span style="font-family:"Arial","sans-serif"">.63 billion in the first </span></span><span style="font-size:15.0pt"><span style="font-family:"Arial Unicode MS","sans-serif"">11</span></span><span style="font-size:15.0pt"><span style="font-family:"Arial","sans-serif""> months of the current fiscal year. It includes </span></span><span style="font-size:15.0pt"><span style="font-family:"Arial Unicode MS","sans-serif"">217,792</span></span><span style="font-size:15.0pt"><span style="font-family:"Arial","sans-serif""> metric tons of rice worth Rs </span></span><span style="font-size:15.0pt"><span style="font-family:"Arial Unicode MS","sans-serif"">14.72</span></span><span style="font-size:15.0pt"><span style="font-family:"Arial","sans-serif""> billion and </span></span><span style="font-size:15.0pt"><span style="font-family:"Arial Unicode MS","sans-serif"">56</span></span><span style="font-size:15.0pt"><span style="font-family:"Arial","sans-serif"">0,</span></span><span style="font-size:15.0pt"><span style="font-family:"Arial Unicode MS","sans-serif"">781</span></span><span style="font-size:15.0pt"><span style="font-family:"Arial","sans-serif""> metric tons of paddy worth Rs </span></span><span style="font-size:15.0pt"><span style="font-family:"Arial Unicode MS","sans-serif"">18.9</span></span><span style="font-size:15.0pt"><span style="font-family:"Arial","sans-serif""> billion.</span></span></span></span></p> <p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif""><span style="font-size:15.0pt"><span style="font-family:"Arial","sans-serif"">In the review period, Nepal imported </span></span><span style="font-size:15.0pt"><span style="font-family:"Arial Unicode MS","sans-serif"">2</span></span><span style="font-size:15.0pt"><span style="font-family:"Arial","sans-serif"">0</span></span><span style="font-size:15.0pt"><span style="font-family:"Arial Unicode MS","sans-serif"">19</span></span><span style="font-size:15.0pt"><span style="font-family:"Arial","sans-serif""> metric tons of rice worth Rs </span></span><span style="font-size:15.0pt"><span style="font-family:"Arial Unicode MS","sans-serif"">193.6</span></span><span style="font-size:15.0pt"><span style="font-family:"Arial","sans-serif""> million from the USA alone.</span></span></span></span></p> <p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif""><span style="font-size:15.0pt"><span style="font-family:"Arial","sans-serif"">During the same period of last year, Nepal imported </span></span><span style="font-size:15.0pt"><span style="font-family:"Arial Unicode MS","sans-serif"">1</span></span><span style="font-size:15.0pt"><span style="font-family:"Arial","sans-serif""> million metric tons of paddy and rice worth Rs </span></span><span style="font-size:15.0pt"><span style="font-family:"Arial Unicode MS","sans-serif"">45</span></span><span style="font-size:15.0pt"><span style="font-family:"Arial","sans-serif"">.29 billion from various countries. It included, </span></span><span style="font-size:15.0pt"><span style="font-family:"Arial Unicode MS","sans-serif"">545</span></span><span style="font-size:15.0pt"><span style="font-family:"Arial","sans-serif"">,</span></span><span style="font-size:15.0pt"><span style="font-family:"Arial Unicode MS","sans-serif"">117</span></span><span style="font-size:15.0pt"><span style="font-family:"Arial","sans-serif""> metric tons of paddy worth Rs </span></span><span style="font-size:15.0pt"><span style="font-family:"Arial Unicode MS","sans-serif"">16</span></span><span style="font-size:15.0pt"><span style="font-family:"Arial","sans-serif"">.79 billion and </span></span><span style="font-size:15.0pt"><span style="font-family:"Arial Unicode MS","sans-serif"">538</span></span><span style="font-size:15.0pt"><span style="font-family:"Arial","sans-serif"">,</span></span><span style="font-size:15.0pt"><span style="font-family:"Arial Unicode MS","sans-serif"">699</span></span><span style="font-size:15.0pt"><span style="font-family:"Arial","sans-serif""> metric tons of rice worth Rs </span></span><span style="font-size:15.0pt"><span style="font-family:"Arial Unicode MS","sans-serif"">28</span></span><span style="font-size:15.0pt"><span style="font-family:"Arial","sans-serif"">.40 billion. </span></span></span></span></p> <p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif""><span style="font-size:15.0pt"><span style="font-family:"Arial","sans-serif"">In Nepal, paddy and rice are imported mainly from China, India, the Philippines, Thailand, Bhutan, Indonesia, Italy, Japan, Korea, Oman, the United States of America, Vietnam, Namibia and other countries.</span></span></span></span></p> <p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif""><span style="font-size:15.0pt"><span style="font-family:"Arial","sans-serif"">According to the National Statistics Office, the contribution of the agricultural sector to the Gross Domestic Product (GDP) of Nepal in the year </span></span><span style="font-size:15.0pt"><span style="font-family:"Arial Unicode MS","sans-serif"">2021/22 </span></span><span style="font-size:15.0pt"><span style="font-family:"Arial","sans-serif"">was </span></span><span style="font-size:15.0pt"><span style="font-family:"Arial Unicode MS","sans-serif"">23.9 </span></span><span style="font-size:15.0pt"><span style="font-family:"Arial","sans-serif"">percent. Out of which the contribution of paddy was </span></span><span style="font-size:15.0pt"><span style="font-family:"Arial Unicode MS","sans-serif"">11.30 </span></span><span style="font-size:15.0pt"><span style="font-family:"Arial","sans-serif"">percent. In </span></span><span style="font-size:15.0pt"><span style="font-family:"Arial Unicode MS","sans-serif"">2020/21</span></span><span style="font-size:15.0pt"><span style="font-family:"Arial","sans-serif"">, the contribution of rice to GDP was </span></span><span style="font-size:15.0pt"><span style="font-family:"Arial Unicode MS","sans-serif"">12.64 </span></span><span style="font-size:15.0pt"><span style="font-family:"Arial","sans-serif"">percent.</span></span></span></span></p> <p> </p> <p> </p> ', 'published' => true, 'created' => '2023-07-02', 'modified' => '2023-07-02', 'keywords' => '', 'description' => '', 'sortorder' => '18064', 'image' => '20230702012917_rice-paddy.jpg', 'article_date' => '2023-07-02 13:28:37', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => null, 'user_id' => '34' ) ), (int) 12 => array( 'Article' => array( 'id' => '18333', 'article_category_id' => '1', 'title' => 'Two-way Traffic Halted on Narayangadh-Muglin Road ', 'sub_title' => '', 'summary' => 'July 2: The Narayangadh-Muglin road has been blocked since Saturday night. ', 'content' => '<p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"Arial Unicode MS","sans-serif"">July 2: The Narayangadh-Muglin road has been blocked since Saturday night. Two-traffic has come to a halt in the road section after a landslide occurred at Bridge No 3 located in Ichchakamana Rural Municipality-5 of Chitwan on Saturday night. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">According to the Muglin area police office, preparations are being made to remove the landslide debris and resume traffic. Police inspector of the area police office, Muglin, Bishal Tamang, said power cables have also snapped due to the landslide and hence the clearing of the landslide debris will start after the cables are managed. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">The road has been blocked repeatedly due to landslide at the same place since Thursday. On an average 10,000 vehicles pass through this road daily. Frequent road closures is causing huge distress to the travelers. -- RSS</span></span></span></p> ', 'published' => true, 'created' => '2023-07-02', 'modified' => '2023-07-02', 'keywords' => '', 'description' => '', 'sortorder' => '18063', 'image' => '20230702115720_HLG_MUGLIN_IMG_9554.jpg', 'article_date' => '2023-07-02 11:56:26', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => null, 'user_id' => '34' ) ), (int) 13 => array( 'Article' => array( 'id' => '18332', 'article_category_id' => '1', 'title' => 'Grants for Farmers Helping to Cultivate Barren Lands in Gorkha ', 'sub_title' => '', 'summary' => 'July 2: Barpak Sulikot Rural Municipality of Gorkha has seen a rise in the number of farmers utilizing their barren lands for production of cash crops with good returns- thanks to the a new measure put in place by the local level. ', 'content' => '<p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"Arial Unicode MS","sans-serif"">July 2: Barpak Sulikot Rural Municipality of Gorkha has seen a rise in the number of farmers utilizing their barren lands for production of cash crops with good returns- thanks to the a new measure put in place by the local level. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">Barpak Sulikot Rural Municipality has been providing grant to the farmers as a motivational allowance for utilizing their barren lands. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">The local government had introduced the 'Procedure for use of barren land 2022' and implemented it since the fiscal year 2077/78 BS to motivate the farmers to not desert cultivable land. The local farmers are enthused and further motivated not to keep their arable land barren, according to Tulasi Ram Acharya, chief administrative officer of the rural municipality. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">"For those opting vegetables and other crops are provided up to Rs 3,000 per ropani while those cultivating herbs and spices would get up to Rs 2500 per ropani and those farming fruits receive up to Rs 2,000 per ropani as grant," said Acharya. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">Interestingly, the procedure has a provision of punishment for those farmers not disclosing the information about their barren land to the local government, shared Acharya, adding that such farmers are fined Rs 200 per ropani. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">A total of 938 ropanis of barren land have been used for farming since the implementation of this scheme, shared Bishnu Prasad Bhatt, chairperson of Barpak Sulikot Rural Municipality. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">The culture of cultivation was gradually decreasing in the village lately while the import of agricultural products was on the rise. Against this backdrop, the local administration placed the policy to boost domestic production and make farmers self-reliant, said Chairperson Bhatta. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">Mohan Dhakal, one of the beneficiaries of the grant, said, "This scheme has helped instill the concept that farmers like me could be self-reliant through agriculture rather than seeking greener pastures." </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">Agricultural production has spiked in the rural municipality following the implementation of this scheme, said farmer Dhakal. -- RSS</span></span></span></p> ', 'published' => true, 'created' => '2023-07-02', 'modified' => '2023-07-02', 'keywords' => '', 'description' => '', 'sortorder' => '18062', 'image' => '20230702110810_36801295310_80d687ad9a_k-2.jpg', 'article_date' => '2023-07-02 11:07:29', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => null, 'user_id' => '34' ) ), (int) 14 => array( 'Article' => array( 'id' => '18330', 'article_category_id' => '1', 'title' => 'Ratnanagar Municipality Hosts Job Fair for Youths ', 'sub_title' => '', 'summary' => 'Ratnanagar Municipality in Chitwan is currently hosting a career guidance and employment fair aimed at providing valuable resources for job seekers.', 'content' => '<p><span style="font-size:18px"><span style="font-family:Calibri,sans-serif">July 2: Ratnanagar Municipality in Chitwan is currently hosting a career guidance and employment fair aimed at providing valuable resources for job seekers. </span></span></p> <p><span style="font-size:18px"><span style="font-family:Calibri,sans-serif">The fair, jointly organized by Ratnanagar Municipality and Bharatpur Metropolitan City, commenced on Friday with the objective of promoting employment opportunities and facilitating essential training for youths aspiring to excel in their chosen fields or venture into entrepreneurship.</span></span></p> <p><span style="font-size:18px"><span style="font-family:Calibri,sans-serif">The fair has been divided into 34 exhibition stalls, accommodating both employer companies and skill training institutes. </span></span><span style="font-size:18px"><span style="font-family:Calibri,sans-serif">These stalls serve as platforms for employers to showcase their organizations and potential job opportunities, while also offering attendees the chance to explore various skill training programs available to them.</span></span></p> <p><span style="font-size:18px"><span style="font-family:Calibri,sans-serif">Prahlad Sapkota, the Mayor of Ratnanagar Municipality, expressed the municipality's commitment to actively creating employment opportunities for local youths. </span></span></p> <p><span style="font-size:18px"><span style="font-family:Calibri,sans-serif">The municipality has sought technical support from Helvetas Nepal to implement job-oriented training programs. Deputy Mayor Yadav Prasad Pathak highlighted the fair's significance for individuals possessing skills but lacking job opportunities. </span></span></p> <p><span style="font-size:18px"><span style="font-family:Calibri,sans-serif">Yadav emphasized that the event provides a space for such individuals to connect with potential employers and secure employment. </span></span><span style="font-size:18px"><span style="font-family:Calibri,sans-serif">Additionally, the fair also offers a platform for individuals seeking to acquire new skills, enabling them to explore training opportunities and enhance their employability.</span></span></p> <p><span style="font-size:18px"><span style="font-family:Calibri,sans-serif">This job fair is expected to be a significant milestone in fostering employment opportunities, as it facilitates direct interaction between job seekers and job providers. </span></span></p> <p> </p> ', 'published' => true, 'created' => '2023-07-02', 'modified' => '2023-07-02', 'keywords' => '', 'description' => '', 'sortorder' => '18061', 'image' => '20230702062307_collage (8).jpg', 'article_date' => '2023-07-02 06:17:27', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '42' ) ) ) $current_user = null $logged_in = false $xml = falseinclude - APP/View/Elements/side_bar.ctp, line 133 View::_evaluate() - CORE/Cake/View/View.php, line 971 View::_render() - CORE/Cake/View/View.php, line 933 View::_renderElement() - CORE/Cake/View/View.php, line 1224 View::element() - CORE/Cake/View/View.php, line 418 include - APP/View/Articles/index.ctp, line 157 View::_evaluate() - CORE/Cake/View/View.php, line 971 View::_render() - CORE/Cake/View/View.php, line 933 View::render() - CORE/Cake/View/View.php, line 473 Controller::render() - CORE/Cake/Controller/Controller.php, line 968 Dispatcher::_invoke() - CORE/Cake/Routing/Dispatcher.php, line 200 Dispatcher::dispatch() - CORE/Cake/Routing/Dispatcher.php, line 167 [main] - APP/webroot/index.php, line 117
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$viewFile = '/var/www/html/newbusinessage.com/app/View/Elements/side_bar.ctp' $dataForView = array( 'articles' => array( (int) 0 => array( 'Article' => array( [maximum depth reached] ) ), (int) 1 => array( 'Article' => array( [maximum depth reached] ) ), (int) 2 => array( 'Article' => array( [maximum depth reached] ) ), (int) 3 => array( 'Article' => array( [maximum depth reached] ) ), (int) 4 => array( 'Article' => array( [maximum depth reached] ) ), (int) 5 => array( 'Article' => array( [maximum depth reached] ) ), (int) 6 => array( 'Article' => array( [maximum depth reached] ) ), (int) 7 => array( 'Article' => array( [maximum depth reached] ) ), (int) 8 => array( 'Article' => array( [maximum depth reached] ) ), (int) 9 => array( 'Article' => array( [maximum depth reached] ) ), (int) 10 => array( 'Article' => array( [maximum depth reached] ) ), (int) 11 => array( 'Article' => array( [maximum depth reached] ) ), (int) 12 => array( 'Article' => array( [maximum depth reached] ) ), (int) 13 => array( 'Article' => array( [maximum depth reached] ) ), (int) 14 => array( 'Article' => array( [maximum depth reached] ) ) ), 'current_user' => null, 'logged_in' => false ) $articles = array( (int) 0 => array( 'Article' => array( 'id' => '18346', 'article_category_id' => '1', 'title' => 'Two-way Traffic Resumes on Narayangarh-Muglin Road Section ', 'sub_title' => '', 'summary' => 'July 3: Two-way traffic has resumed along the Narayangarh-Muglin road section. ', 'content' => '<p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"Arial Unicode MS","sans-serif"">July 3: Two-way traffic has resumed along the Narayangarh-Muglin road section. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">According to the Area Police Office, Muglin, the two-way road traffic was disrupted again on Monday morning after a landslide occurred at bridge number three of Ichhakamana-5. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">The vehicular movement was brought to normalcy after clearing off the landslide debris, informed Inspector Bishal Tamang, chief of the Area Police Office, Muglin. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">According to the police, the driver of a truck with registration number Na 6 Kha 710 was injured in a landslide on Monday morning. Injured driver is undergoing treatment at Muglin Highway Hospital, police said. </span></span></span></p> <p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"Arial Unicode MS","sans-serif"">Frequent landslides have been obstructing the Narayangarh-Muglin road section time and again.</span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">Prior to this, the road that was closed on Thursday due to landslide at the same place. </span></span></span></p> <p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"Arial Unicode MS","sans-serif"">The road was blocked again on Saturday night. Vehicular movement had resumed on Sunday evening after 18 hours. -- RSS </span></span></span></p> ', 'published' => true, 'created' => '2023-07-03', 'modified' => '2023-07-03', 'keywords' => '', 'description' => '', 'sortorder' => '18076', 'image' => '20230703011459_HLG_MUGLIN_IMG_9554.jpg', 'article_date' => '2023-07-03 13:13:34', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => null, 'user_id' => '34' ) ), (int) 1 => array( 'Article' => array( 'id' => '18345', 'article_category_id' => '1', 'title' => 'NPC brings Calendar to Prepare 16th Periodic Plan ', 'sub_title' => '', 'summary' => 'July 3: The National Planning Commission (NPC) has brought a calendar to prepare the 16th five-year periodic plan to be enforced from 2081/82 BS to 2085/86 BS. ', 'content' => '<p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"Arial Unicode MS","sans-serif"">July 3: The National Planning Commission (NPC) has brought a calendar to prepare the 16th five-year periodic plan to be enforced from 2081/82 BS to 2085/86 BS. It has issued a 'work procedure on institutional management for preparation of the 16th periodic plan, 2080'. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">As per the work procedure, activities began from June 4 and they would be concluded with the periodic plan getting endorsed by mid-February 2024. Similarly, the interviews with experts would conclude as part of the preparation of the plan by mid-July this year. The NPC is to endorse the draft of the concept paper of 16th periodic plan by July 23. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">A direction committee has been formed under the coordination of NPC vice chairman while five thematic committees have been formed under the coordination of NPC members. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">The federal planning body of the country is all set to gather thematic information from the concerned ministries by August 24. Overall economic and investment framework will be completed by the end of August. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">The work procedure further states that by upcoming October 8, the National Development Council would be formed and its members handed over the integrated preliminary draft of the 16th periodic plan. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">The NPC said that the 16th five-year periodic plan to be enforced from the beginning of the fiscal year 2081/82 BS would be prepared by taking into account the Constitution of Nepal, national and sectoral policies, 15th periodic plan and its review, LDC Graduation Strategy, achievements of SDGs, and mid-term expenditure framework, among others. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">Currently, discussions with the subject experts are going on. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">The thematic committees formed for the preparation of 16th five-year plan will cover issues such as the overall economic outline and plans, economic sector, infrastructures and environment sector, social sector and institutional development and good governance. -- RSS</span></span></span></p> ', 'published' => true, 'created' => '2023-07-03', 'modified' => '2023-07-03', 'keywords' => '', 'description' => '', 'sortorder' => '18075', 'image' => '20230703105203_image.jpg', 'article_date' => '2023-07-03 10:44:46', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '34' ) ), (int) 2 => array( 'Article' => array( 'id' => '18343', 'article_category_id' => '1', 'title' => 'BFIs Warn of Shutting their Business if Attack Continues', 'sub_title' => '', 'summary' => 'July 3: Operators of banks and financial institutions (BFIs) have warned to stop the banking business if the attacks on their employees do not stop right away.', 'content' => '<p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif""><span style="font-size:15.0pt"><span style="font-family:"Arial","sans-serif"">July 3: Operators of banks and financial institutions (BFIs) have warned to stop the banking business if the attacks on their employees do not stop right away.</span></span></span></span></p> <p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif""><span style="font-size:15.0pt"><span style="font-family:"Arial","sans-serif"">The Confederation of Banks and Financial Institutions Nepal (CIBFIN), an umbrella organization of bank and financial institutions, issued a press statement on Sunday demanding security guarantee from the government and legal action against individuals or groups who attack banks and financial institutions. The statement has also urged the government to make effective security arrangements for the operation of banking business.</span></span></span></span></p> <p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif""><span style="font-size:15.0pt"><span style="font-family:"Arial","sans-serif"">Recently, disputes between businessmen and banks have increased after banks and financial institutions emphasized on debt recovery. In some districts, the businessmen protested against the bank and also resorted to physical attacks on bank employees.</span></span></span></span></p> <p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif""><span style="font-size:15.0pt"><span style="font-family:"Arial","sans-serif"">The meeting of the confederation held on Friday decided to file a complaint for legal action against individuals or groups who attack banks and financial institutions and their employees. They say that efforts to discourage non-payment of loan interest and to physically assault, humiliate, or prevent employees from doing their jobs are being done continuously in various places.</span></span></span></span></p> <p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif""><span style="font-size:15.0pt"><span style="font-family:"Arial Unicode MS","sans-serif"">"</span></span><span style="font-size:15.0pt"><span style="font-family:"Arial","sans-serif"">CBFIN and all its affiliate members are fully committed to file a complaint against any person or organization that causes damage to the credibility or property of banks and financial institutions under any pretext by creating obstacles in the banking business," said a banker after the meeting. The statement released by CBFIN has urged the prime minister, home minister, home secretary, inspector general of police, chief district officers of </span></span><span style="font-size:15.0pt"><span style="font-family:"Arial Unicode MS","sans-serif"">77</span></span><span style="font-size:15.0pt"><span style="font-family:"Arial","sans-serif""> districts and all stakeholders to make effective security arrangements for banks and financial institutions and all employees.</span></span></span></span></p> <p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif""><span style="font-size:15.0pt"><span style="font-family:"Arial","sans-serif"">The association has also warned that if the government is not able to create an environment for operation of banks, the banking services will be completely closed. </span></span></span></span></p> <p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif""><span style="font-size:15.0pt"><span style="font-family:"Arial","sans-serif"">“If the government and its agencies cannot ensure an environment that facilitates the fulfillment of duties and responsibilities by using the rights given to banks and financial institutions in a safe environment, then all banks and financial institutions licensed by Nepal Rastra Bank may have to completely shut their services,” reads the statement, adding, “This will create a serious crisis for all stakeholders including the depositors, creditors and ultimately create an unimaginable crisis in the economy as a whole, so we want to draw the attention of all concerned.”</span></span></span></span></p> <p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif""><span style="font-size:15.0pt"><span style="font-family:"Arial","sans-serif"">Earlier, Nepal Bankers Association, Development Bankers Association Nepal, Nepal Financial Institutions Association and Nepal Microfinance Bankers Association had also issued a joint statement and warned that they will act strongly against the continued threat to banks and financial institutions.</span></span></span></span></p> <p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif""><span style="font-size:15.0pt"><span style="font-family:"Arial","sans-serif"">The bankers say that some people have obstructed the service delivery of some branches of banks and financial institutions as well as microfinance companies in Itahari, Sunsari, Birtamod and other places of eastern Nepal. They added that the employees have been threatened and customers deprived of essential banking services. </span></span></span></span></p> <p> </p> <p> </p> <p> </p> ', 'published' => true, 'created' => '2023-07-03', 'modified' => '2023-07-03', 'keywords' => '', 'description' => '', 'sortorder' => '18073', 'image' => '20230703103256_Banks - Copy.jpg', 'article_date' => '2023-07-03 10:31:37', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => null, 'user_id' => '34' ) ), (int) 3 => array( 'Article' => array( 'id' => '18342', 'article_category_id' => '1', 'title' => 'Anil Shrestha Appointed New CEO of Progressive Finance Limited', 'sub_title' => '', 'summary' => 'Anil Shrestha has been appointed as the Chief Executive Officer (CEO) of Progressive Finance Limited. The decision was made during a meeting of the Board of Directors held on Friday.', 'content' => '<p><span style="font-size:11pt"><span style="font-family:Calibri,sans-serif"><span style="font-size:20.0pt">July 3: Anil Shrestha has been appointed as the Chief Executive Officer (CEO) of Progressive Finance Limited. The decision was made during a meeting of the Board of Directors held on Friday.</span></span></span></p> <p><span style="font-size:11pt"><span style="font-family:Calibri,sans-serif"><span style="font-size:20.0pt">Shrestha, with 27 years of experience in various financial institutions, including 13 years as the CEO of Reliance Finance, brings a wealth of expertise to his new role.</span></span></span></p> <p><span style="font-size:11pt"><span style="font-family:Calibri,sans-serif"><span style="font-size:20.0pt"> His strong leadership in financial risk management and compliance is expected to propel Progressive Finance to new heights. Shrestha will serve as CEO for a tenure of four years.</span></span></span></p> <p><span style="font-size:11pt"><span style="font-family:Calibri,sans-serif"><span style="font-size:20.0pt">Shrestha has expressed his commitment to making the finance strong, capable and excellent in every possible way. </span></span></span></p> <p> </p> ', 'published' => true, 'created' => '2023-07-03', 'modified' => '2023-07-03', 'keywords' => '', 'description' => '', 'sortorder' => '18072', 'image' => '20230703060909_collage (11).jpg', 'article_date' => '2023-07-03 06:07:59', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '42' ) ), (int) 4 => array( 'Article' => array( 'id' => '18341', 'article_category_id' => '1', 'title' => 'Lalita Niwas Land Grab Scam: Three More Nabbed', 'sub_title' => '', 'summary' => 'Three more individuals were arrested by the Central Investigation Bureau (CIB) of Nepal Police in relation to the Lalita Niwas land-grab scam on Sunday. ', 'content' => '<p><span style="font-size:11pt"><span style="font-family:Calibri,sans-serif"><span style="font-size:20.0pt">July 3: Three more individuals were arrested by the Central Investigation Bureau (CIB) of Nepal Police in relation to the Lalita Niwas land-grab scam on Sunday. </span></span></span></p> <p><span style="font-size:11pt"><span style="font-family:Calibri,sans-serif"><span style="font-size:20.0pt">The arrested individuals include Shivaji Bhattarai, who was the secretary of ward no. 4 of Kathmandu Metropolitan City (KMC) in 2060 BS and currently serves as an officer at the KMC Cooperatives Department. </span></span></span></p> <p><span style="font-size:11pt"><span style="font-family:Calibri,sans-serif"><span style="font-size:20.0pt">Additionally, the then staffers at the Survey Office, Ghaman Kumar Karki, and Baburaja Maharajn, who posed as fake tenants, were also arrested, according to Kuber Kadayat, Spokesperson and DIG of the Nepal Police. </span></span></span></p> <p><span style="font-size:11pt"><span style="font-family:Calibri,sans-serif"><span style="font-size:20.0pt">The arrests were made on the charge of forging government documents to fraudulently acquire the Lalita Niwas land. </span></span></span></p> <p><span style="font-size:11pt"><span style="font-family:Calibri,sans-serif"><span style="font-size:20.0pt">This brings the total number of people taken into custody by the CIB in connection with the infamous land-grabbing scam to seven. </span></span></span><span style="font-size:11pt"><span style="font-family:Calibri,sans-serif"><span style="font-size:20.0pt">Previously, four individuals were arrested, and their remand has been extended by the court.</span></span></span></p> <p><span style="font-size:11pt"><span style="font-family:Calibri,sans-serif"><span style="font-size:20.0pt">Lalita Niwas, a public property in Baluwatar, saw multiple individuals acquiring ownership of the land between 2049 BS and 2069 BS through illegal means. (RSS)</span></span></span></p> ', 'published' => true, 'created' => '2023-07-03', 'modified' => '2023-07-03', 'keywords' => '', 'description' => '', 'sortorder' => '18071', 'image' => '20230703053935_collage (10).jpg', 'article_date' => '2023-07-03 05:37:26', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '42' ) ), (int) 5 => array( 'Article' => array( 'id' => '18340', 'article_category_id' => '1', 'title' => 'Only 446 Local Levels make Public their Budgets ', 'sub_title' => '', 'summary' => 'July 2: Out of 753 local levels, only 446 have been able to make public the budget for the upcoming fiscal year (FY 2023/24). ', 'content' => '<p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"Arial Unicode MS","sans-serif"">July 2: Out of 753 local levels, only 446 have been able to make public the budget for the upcoming fiscal year (FY 2023/24). </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">The Ministry of Federal Affairs and General Administration informed that 307 municipalities failed to release the annual budget. According to the constitutional provision, the local levels are bound to release budget within Asar 10 every year as per the Nepali calendar. It showed that 42 percent of local levels failed to bring budget, according to spokesperson for the ministry, Kamal Prasad Bhattarai. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">"If budget is released after Asar 10, it is illegal. It flouts legal provision," Bhattarai stressed. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">In the Karnali Province, 63 municipalities out of 79 did not release the budget. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">Lumbini Province witnessed highest record in budget release at 73.4 percent. Only 29 municipalities out of 109 municipalities failed to abide by the law. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">Sudurpaschim Province witnessed budget announcements in 56.8 percent of local units. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">The Bagmati Province, which is the home to the federal capital, has been able to release budgets only at 63 local levels out of 129 local levels, which is 52.9 percent. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">Madhes Province's budget release stands at 42.6 percent. There are 136 local levels in this province. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">Spokesperson Bhattarai, however, said although some municipalities brought budgets, their information/data is yet to be entered in the ministry's system/website. -- RSS</span></span></span></p> ', 'published' => true, 'created' => '2023-07-02', 'modified' => '2023-07-02', 'keywords' => '', 'description' => '', 'sortorder' => '18070', 'image' => '20230702093344_20230511021044_1683767264.jpg', 'article_date' => '2023-07-02 21:33:13', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => null, 'user_id' => '34' ) ), (int) 6 => array( 'Article' => array( 'id' => '18339', 'article_category_id' => '1', 'title' => '9,590 Government Employees Face Music for Not Submitting Property Details', 'sub_title' => '', 'summary' => 'A total of 9,590 employees working in the federal and provincial governments failed to submit their property details for the fiscal year 2078-79 BS.', 'content' => '<p><span style="font-size:20px"><span style="font-family:Calibri,sans-serif">July 2: A total of 9,590 employees working in the federal and provincial governments failed to submit their property details for the fiscal year 2078-79 BS. </span></span></p> <p><span style="font-size:20px"><span style="font-family:Calibri,sans-serif">The National Vigilance Centre has already submitted a report to the Commission for the Investigation of Abuse of Authority (CIAA), recommending appropriate action against these employees.</span></span></p> <p><span style="font-size:20px"><span style="font-family:Calibri,sans-serif">As per the Centre's information officer and Under-secretary Hari Prasad Sharma, the CIAA has been recommended to impose a fine of Rs 5,000 on each employee, in accordance with the Provision Relating to Statement of Property (Clause 50), Corruption Prevention Act-2002.</span></span></p> <p><span style="font-size:20px"><span style="font-family:Calibri,sans-serif">Out of the total number of employees, 3,453 are from the civil service, 113 belong to Nepal Police, 1,158 are teachers, and 1,902 are individuals appointed through political appointments and contracts. </span></span></p> <p><span style="font-size:20px"><span style="font-family:Calibri,sans-serif">Additionally, 1,027 employees at the provincial level and 1,917 at the local level also failed to submit their property statements. (RSS)</span></span></p> ', 'published' => true, 'created' => '2023-07-02', 'modified' => '2023-07-02', 'keywords' => '', 'description' => '', 'sortorder' => '18069', 'image' => '20230702062325_collage (63).jpg', 'article_date' => '2023-07-02 18:22:19', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '42' ) ), (int) 7 => array( 'Article' => array( 'id' => '18338', 'article_category_id' => '1', 'title' => 'House of Representatives Passes Finance Bill ', 'sub_title' => '', 'summary' => 'July 2: A meeting of the House of Representatives on Sunday passed the Finance Bill, 2023 with majority. ', 'content' => '<p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"Arial Unicode MS","sans-serif"">July 2: A meeting of the House of Representatives on Sunday passed the Finance Bill, 2023 with majority. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">Finance Minister Dr Prakash Sharan Mahat had presented a proposal in the meeting seeking the passage of the bill. The bill was endorsed after amendment proposals on it were rejected by a majority. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">Lawmakers Prem Suwal, Sumana Shrestha and Sishir Khanal had presented amendment proposal on the bill. Presenting a proposal in the lower house to amend the bill, lawmaker Suwal raised a question over the exemption on Capital Gains Tax provided to Ncell. He alleged the government of failing to collect taxes from various private companies for many years. He drew the attention of the government saying it has not been able to collect tax from Hello Nepal, Muktishree and Synergy Nepal for years. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">Lawmaker Sumana Shrestha, presenting the amendment proposal on the Finance Bill, 2023, questioned the tax imposed at the customs. She demanded imposing customs duty on E-cigarettes. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">"Customs tax has not been levied on e-cigarette and personal e-smoking goods, whereas a 10 percent customs surcharge has been levied on pencils and pencil sharpener used by kids," she complained. </span></span></span></p> <p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"Arial Unicode MS","sans-serif"">She opined that VAT should not be imposed on daily-consumption food and drew the government's attention towards determining the customs charges in a way to ease the import of raw materials for domestic production and products. </span></span></span></p> <p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"Arial Unicode MS","sans-serif"">Shrestha stressed on the need of making arrangements so that the farmers produce would fetch appropriate prices. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">Presenting a proposal seeking amendment to the bill, lawmaker Shishir Khanal criticized the imposition of VAT on air tickets against the government's own policy of promoting domestic production and bringing maximum number of foreign tourists to Nepal.-- RSS </span></span></span><br /> </p> ', 'published' => true, 'created' => '2023-07-02', 'modified' => '2023-07-02', 'keywords' => '', 'description' => '', 'sortorder' => '18068', 'image' => '20230702061705_20220228110858_Parliament.jpg', 'article_date' => '2023-07-02 18:16:25', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '34' ) ), (int) 8 => array( 'Article' => array( 'id' => '18337', 'article_category_id' => '1', 'title' => 'Provincial Ayurveda Hospital to Be Constructed in Sudurpaschim Province ', 'sub_title' => '', 'summary' => 'The government has announced that it will construct a state-of-the-art 100-bed Ayurveda Hospital in Amarpur, Shuklaphanta Municipality-11, Sudurpaschim Province. ', 'content' => '<p><span style="font-size:20px">July 2: The government has announced that it will construct a state-of-the-art 100-bed Ayurveda Hospital in Amarpur, Shuklaphanta Municipality-11, Dhangadhi, Sudurpaschim Province. </span></p> <p><span style="font-size:20px">This decision is in line with the government's commitment made two years ago to establish one Ayurveda Hospital in each of all seven provinces.</span></p> <p><span style="font-size:20px">The hospital will be built on a spacious three bigha area, according to Surya Upadhyay, the Officiating Director at the Ayurveda Directorate. </span></p> <p><span style="font-size:20px">Funding for this essential project has been allocated, with the Department of Ayurveda earmarking Rs 30 million for its completion. Once the land acquisition process is finalized, construction work will commence.</span></p> <p><span style="font-size:20px">The existing 50-bed Ayurveda Hospital in Dhangadhi has been providing healthcare services, and the upcoming 100-bed Ayurveda Hospital in Amarpur will mark a significant milestone for the province. </span></p> <p><span style="font-size:20px">Mayor Rana Bahadur Mahara of Shuklaphanta Municipality said that the land for the construction has already been identified and that the acquisition process will be expedited.</span></p> <p><span style="font-size:20px">The Provincial Ayurveda Hospital aims to function as an advanced institute, offering a wide range of traditional healthcare services. </span></p> <p><span style="font-size:20px">With a dedicated team of 100 employees, including 30 skilled doctors, the hospital will cater to the health needs of the local population effectively.</span></p> <p><span style="font-size:20px">One of the hospital's unique features will be the cultivation and processing of medicinal herbs within the hospital premises itself.</span></p> <p><span style="font-size:20px">This approach aligns with the commitment to provide effective traditional treatments and also opens doors for further research and advancements in Ayurvedic medicine. (RSS)</span></p> ', 'published' => true, 'created' => '2023-07-02', 'modified' => '2023-07-02', 'keywords' => '', 'description' => '', 'sortorder' => '18067', 'image' => '20230702060544_collage (62).jpg', 'article_date' => '2023-07-02 18:03:55', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '42' ) ), (int) 9 => array( 'Article' => array( 'id' => '18336', 'article_category_id' => '1', 'title' => 'Construction Materials Industry to get Loan Restructuring Facility', 'sub_title' => '', 'summary' => 'July 2: Banks and financial institutions will be allowed to restructure the loans given to the construction materials industry as well.', 'content' => '<p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif""><span style="font-size:15.0pt"><span style="font-family:"Arial","sans-serif"">July 2: Banks and financial institutions will be allowed to restructure the loans given to the construction materials industry as well. </span></span></span></span></p> <p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif""><span style="font-size:15.0pt"><span style="font-family:"Arial","sans-serif"">The third quarterly review of the monetary policy states that the loan given to the construction sector can be rescheduled and restructured upon the request of the borrower. </span></span></span></span></p> <p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif""><span style="font-size:15.0pt"><span style="font-family:"Arial","sans-serif"">However, there was confusion regarding which industries the construction sector covers.</span></span></span></span></p> <p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif""><span style="font-size:15.0pt"><span style="font-family:"Arial","sans-serif"">Further clarifying the directive it issued last month, the Nepal Rastra Bank said the credit extended under the residential loan facility for households, non-residential loans for commercial purpose and big construction projects like highway, bridges as well as all the industries directly related to these sectors such as cement, sand and bricks industries fall under the construction sector.</span></span></span></span></p> <p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif""><span style="font-size:15.0pt"><span style="font-family:"Arial","sans-serif"">The banks need to take into account various factors such as the cash flow and income analysis of the construction company and the need and justification for rescheduling the loan. As per the central bank’s provision, the banks can reschedule the loan after analyzing these factors and taking 10 percent interest in advance.</span></span></span></span></p> <p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif""><span style="font-size:15.0pt"><span style="font-family:"Arial","sans-serif"">This facility will be available for the borrowers with active loans as of mid-April this year and the rescheduling or restructuring should be completed by mid-July.</span></span></span></span></p> <p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif""><span style="font-size:15.0pt"><span style="font-family:"Arial","sans-serif"">The central bank issued the clarification after there was confusion regarding the restructuring of loans for which specific industries the construction sector covers.</span></span></span></span></p> <p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif""><span style="font-size:15.0pt"><span style="font-family:"Arial","sans-serif"">Through the third quarter review of the monetary policy, the central bank had announced relief for some sectors, noting that 'some flexibility has been made cautiously'.</span></span></span></span></p> <p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif""><span style="font-size:15.0pt"><span style="font-family:"Arial","sans-serif"">According to the announcement of the monetary policy, the central bank has issued instructions to banks and financial institutions to reschedule the loans extended to hotels and restaurants, animal husbandry, construction sector and loans up to Rs 50 million given to all other sectors upon the request of the borrower, after analyzing the cash flow and income of the industry/business and analyzing the need for restructuring the loan. </span></span></span></span></p> ', 'published' => true, 'created' => '2023-07-02', 'modified' => '2023-07-02', 'keywords' => '', 'description' => '', 'sortorder' => '18066', 'image' => '20230702040756_Nepal_Rastra_Bank2 2.jpg', 'article_date' => '2023-07-02 16:06:56', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => null, 'user_id' => '34' ) ), (int) 10 => array( 'Article' => array( 'id' => '18335', 'article_category_id' => '1', 'title' => 'Over 476,000 Tourists Visited Nepal in Six Months of 2023', 'sub_title' => '', 'summary' => 'July 2: Over 476,000 foreign tourists visited Nepal in the first six months of 2023, according to the Nepal Tourism Board. ', 'content' => '<p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"Arial Unicode MS","sans-serif"">July 2: Over 476,000 foreign tourists visited Nepal in the first six months of 2023, according to the Nepal Tourism Board. </span></span></span></p> <p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"Arial Unicode MS","sans-serif"">Although the arrival of tourists is encouraging compared to the last two years, it is still less than the figure of 536,058 visitors in between January to June 2019 before the onset of the Covid-19 pandemic.</span></span></span></p> <p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"Arial Unicode MS","sans-serif"">The arrival of tourists took a nosedive in the following years due to the lockdown and restrictions imposed to curb the viral outbreak.</span></span></span></p> <p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"Arial Unicode MS","sans-serif"">The arrival of tourists dropped to 220,815 in 2020 followed by 58,058 visitors in 2021, and 240,901 in 2022. </span></span></span></p> ', 'published' => true, 'created' => '2023-07-02', 'modified' => '2023-07-02', 'keywords' => '', 'description' => '', 'sortorder' => '18065', 'image' => '20230702025948_tourism ktm.jpeg', 'article_date' => '2023-07-02 14:58:24', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '34' ) ), (int) 11 => array( 'Article' => array( 'id' => '18334', 'article_category_id' => '1', 'title' => 'Rice Importer Nepal Marked National Paddy Day with Fanfare', 'sub_title' => '', 'summary' => 'July 2: The 20th National Paddy Day was celebrated with great fanfare on Friday.', 'content' => '<p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif""><span style="font-size:15.0pt"><span style="font-family:"Arial","sans-serif"">July 2: The </span></span><span style="font-size:15.0pt"><span style="font-family:"Arial Unicode MS","sans-serif"">20</span></span><span style="font-size:15.0pt"><span style="font-family:"Arial","sans-serif"">th National Paddy Day was celebrated with great fanfare on Friday. The Government of Nepal has been celebrating the National Paddy Day every year since </span></span><span style="font-size:15.0pt"><span style="font-family:"Arial Unicode MS","sans-serif"">2061</span></span><span style="font-size:15.0pt"><span style="font-family:"Arial","sans-serif""> BS on the 15<sup>th</sup> day of the Nepali month of Asar (mid-June to mid-July). </span></span></span></span></p> <p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif""><span style="font-size:15.0pt"><span style="font-family:"Arial","sans-serif"">Ironically, Nepal, an agricultural country, marks the National Paddy Day every year while the country imports rice produced in the USA, India, China, Korea, and Japan which is cooked in the kitchens of the citizens of Nepal.</span></span></span></span></p> <p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif""><span style="font-size:15.0pt"><span style="font-family:"Arial","sans-serif"">According to the data of the Department of Customs, paddy/rice worth Rs </span></span><span style="font-size:15.0pt"><span style="font-family:"Arial Unicode MS","sans-serif"">46</span></span><span style="font-size:15.0pt"><span style="font-family:"Arial","sans-serif""> billion is imported in Nepal every year. </span></span></span></span></p> <p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif""><span style="font-size:15.0pt"><span style="font-family:"Arial","sans-serif"">Nepal imported </span></span><span style="font-size:15.0pt"><span style="font-family:"Arial Unicode MS","sans-serif"">724</span></span><span style="font-size:15.0pt"><span style="font-family:"Arial","sans-serif"">,</span></span><span style="font-size:15.0pt"><span style="font-family:"Arial Unicode MS","sans-serif"">574</span></span><span style="font-size:15.0pt"><span style="font-family:"Arial","sans-serif""> metric tons of paddy and rice worth Rs </span></span><span style="font-size:15.0pt"><span style="font-family:"Arial Unicode MS","sans-serif"">33</span></span><span style="font-size:15.0pt"><span style="font-family:"Arial","sans-serif"">.63 billion in the first </span></span><span style="font-size:15.0pt"><span style="font-family:"Arial Unicode MS","sans-serif"">11</span></span><span style="font-size:15.0pt"><span style="font-family:"Arial","sans-serif""> months of the current fiscal year. It includes </span></span><span style="font-size:15.0pt"><span style="font-family:"Arial Unicode MS","sans-serif"">217,792</span></span><span style="font-size:15.0pt"><span style="font-family:"Arial","sans-serif""> metric tons of rice worth Rs </span></span><span style="font-size:15.0pt"><span style="font-family:"Arial Unicode MS","sans-serif"">14.72</span></span><span style="font-size:15.0pt"><span style="font-family:"Arial","sans-serif""> billion and </span></span><span style="font-size:15.0pt"><span style="font-family:"Arial Unicode MS","sans-serif"">56</span></span><span style="font-size:15.0pt"><span style="font-family:"Arial","sans-serif"">0,</span></span><span style="font-size:15.0pt"><span style="font-family:"Arial Unicode MS","sans-serif"">781</span></span><span style="font-size:15.0pt"><span style="font-family:"Arial","sans-serif""> metric tons of paddy worth Rs </span></span><span style="font-size:15.0pt"><span style="font-family:"Arial Unicode MS","sans-serif"">18.9</span></span><span style="font-size:15.0pt"><span style="font-family:"Arial","sans-serif""> billion.</span></span></span></span></p> <p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif""><span style="font-size:15.0pt"><span style="font-family:"Arial","sans-serif"">In the review period, Nepal imported </span></span><span style="font-size:15.0pt"><span style="font-family:"Arial Unicode MS","sans-serif"">2</span></span><span style="font-size:15.0pt"><span style="font-family:"Arial","sans-serif"">0</span></span><span style="font-size:15.0pt"><span style="font-family:"Arial Unicode MS","sans-serif"">19</span></span><span style="font-size:15.0pt"><span style="font-family:"Arial","sans-serif""> metric tons of rice worth Rs </span></span><span style="font-size:15.0pt"><span style="font-family:"Arial Unicode MS","sans-serif"">193.6</span></span><span style="font-size:15.0pt"><span style="font-family:"Arial","sans-serif""> million from the USA alone.</span></span></span></span></p> <p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif""><span style="font-size:15.0pt"><span style="font-family:"Arial","sans-serif"">During the same period of last year, Nepal imported </span></span><span style="font-size:15.0pt"><span style="font-family:"Arial Unicode MS","sans-serif"">1</span></span><span style="font-size:15.0pt"><span style="font-family:"Arial","sans-serif""> million metric tons of paddy and rice worth Rs </span></span><span style="font-size:15.0pt"><span style="font-family:"Arial Unicode MS","sans-serif"">45</span></span><span style="font-size:15.0pt"><span style="font-family:"Arial","sans-serif"">.29 billion from various countries. It included, </span></span><span style="font-size:15.0pt"><span style="font-family:"Arial Unicode MS","sans-serif"">545</span></span><span style="font-size:15.0pt"><span style="font-family:"Arial","sans-serif"">,</span></span><span style="font-size:15.0pt"><span style="font-family:"Arial Unicode MS","sans-serif"">117</span></span><span style="font-size:15.0pt"><span style="font-family:"Arial","sans-serif""> metric tons of paddy worth Rs </span></span><span style="font-size:15.0pt"><span style="font-family:"Arial Unicode MS","sans-serif"">16</span></span><span style="font-size:15.0pt"><span style="font-family:"Arial","sans-serif"">.79 billion and </span></span><span style="font-size:15.0pt"><span style="font-family:"Arial Unicode MS","sans-serif"">538</span></span><span style="font-size:15.0pt"><span style="font-family:"Arial","sans-serif"">,</span></span><span style="font-size:15.0pt"><span style="font-family:"Arial Unicode MS","sans-serif"">699</span></span><span style="font-size:15.0pt"><span style="font-family:"Arial","sans-serif""> metric tons of rice worth Rs </span></span><span style="font-size:15.0pt"><span style="font-family:"Arial Unicode MS","sans-serif"">28</span></span><span style="font-size:15.0pt"><span style="font-family:"Arial","sans-serif"">.40 billion. </span></span></span></span></p> <p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif""><span style="font-size:15.0pt"><span style="font-family:"Arial","sans-serif"">In Nepal, paddy and rice are imported mainly from China, India, the Philippines, Thailand, Bhutan, Indonesia, Italy, Japan, Korea, Oman, the United States of America, Vietnam, Namibia and other countries.</span></span></span></span></p> <p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif""><span style="font-size:15.0pt"><span style="font-family:"Arial","sans-serif"">According to the National Statistics Office, the contribution of the agricultural sector to the Gross Domestic Product (GDP) of Nepal in the year </span></span><span style="font-size:15.0pt"><span style="font-family:"Arial Unicode MS","sans-serif"">2021/22 </span></span><span style="font-size:15.0pt"><span style="font-family:"Arial","sans-serif"">was </span></span><span style="font-size:15.0pt"><span style="font-family:"Arial Unicode MS","sans-serif"">23.9 </span></span><span style="font-size:15.0pt"><span style="font-family:"Arial","sans-serif"">percent. Out of which the contribution of paddy was </span></span><span style="font-size:15.0pt"><span style="font-family:"Arial Unicode MS","sans-serif"">11.30 </span></span><span style="font-size:15.0pt"><span style="font-family:"Arial","sans-serif"">percent. In </span></span><span style="font-size:15.0pt"><span style="font-family:"Arial Unicode MS","sans-serif"">2020/21</span></span><span style="font-size:15.0pt"><span style="font-family:"Arial","sans-serif"">, the contribution of rice to GDP was </span></span><span style="font-size:15.0pt"><span style="font-family:"Arial Unicode MS","sans-serif"">12.64 </span></span><span style="font-size:15.0pt"><span style="font-family:"Arial","sans-serif"">percent.</span></span></span></span></p> <p> </p> <p> </p> ', 'published' => true, 'created' => '2023-07-02', 'modified' => '2023-07-02', 'keywords' => '', 'description' => '', 'sortorder' => '18064', 'image' => '20230702012917_rice-paddy.jpg', 'article_date' => '2023-07-02 13:28:37', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => null, 'user_id' => '34' ) ), (int) 12 => array( 'Article' => array( 'id' => '18333', 'article_category_id' => '1', 'title' => 'Two-way Traffic Halted on Narayangadh-Muglin Road ', 'sub_title' => '', 'summary' => 'July 2: The Narayangadh-Muglin road has been blocked since Saturday night. ', 'content' => '<p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"Arial Unicode MS","sans-serif"">July 2: The Narayangadh-Muglin road has been blocked since Saturday night. Two-traffic has come to a halt in the road section after a landslide occurred at Bridge No 3 located in Ichchakamana Rural Municipality-5 of Chitwan on Saturday night. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">According to the Muglin area police office, preparations are being made to remove the landslide debris and resume traffic. Police inspector of the area police office, Muglin, Bishal Tamang, said power cables have also snapped due to the landslide and hence the clearing of the landslide debris will start after the cables are managed. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">The road has been blocked repeatedly due to landslide at the same place since Thursday. On an average 10,000 vehicles pass through this road daily. Frequent road closures is causing huge distress to the travelers. -- RSS</span></span></span></p> ', 'published' => true, 'created' => '2023-07-02', 'modified' => '2023-07-02', 'keywords' => '', 'description' => '', 'sortorder' => '18063', 'image' => '20230702115720_HLG_MUGLIN_IMG_9554.jpg', 'article_date' => '2023-07-02 11:56:26', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => null, 'user_id' => '34' ) ), (int) 13 => array( 'Article' => array( 'id' => '18332', 'article_category_id' => '1', 'title' => 'Grants for Farmers Helping to Cultivate Barren Lands in Gorkha ', 'sub_title' => '', 'summary' => 'July 2: Barpak Sulikot Rural Municipality of Gorkha has seen a rise in the number of farmers utilizing their barren lands for production of cash crops with good returns- thanks to the a new measure put in place by the local level. ', 'content' => '<p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"Arial Unicode MS","sans-serif"">July 2: Barpak Sulikot Rural Municipality of Gorkha has seen a rise in the number of farmers utilizing their barren lands for production of cash crops with good returns- thanks to the a new measure put in place by the local level. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">Barpak Sulikot Rural Municipality has been providing grant to the farmers as a motivational allowance for utilizing their barren lands. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">The local government had introduced the 'Procedure for use of barren land 2022' and implemented it since the fiscal year 2077/78 BS to motivate the farmers to not desert cultivable land. The local farmers are enthused and further motivated not to keep their arable land barren, according to Tulasi Ram Acharya, chief administrative officer of the rural municipality. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">"For those opting vegetables and other crops are provided up to Rs 3,000 per ropani while those cultivating herbs and spices would get up to Rs 2500 per ropani and those farming fruits receive up to Rs 2,000 per ropani as grant," said Acharya. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">Interestingly, the procedure has a provision of punishment for those farmers not disclosing the information about their barren land to the local government, shared Acharya, adding that such farmers are fined Rs 200 per ropani. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">A total of 938 ropanis of barren land have been used for farming since the implementation of this scheme, shared Bishnu Prasad Bhatt, chairperson of Barpak Sulikot Rural Municipality. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">The culture of cultivation was gradually decreasing in the village lately while the import of agricultural products was on the rise. Against this backdrop, the local administration placed the policy to boost domestic production and make farmers self-reliant, said Chairperson Bhatta. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">Mohan Dhakal, one of the beneficiaries of the grant, said, "This scheme has helped instill the concept that farmers like me could be self-reliant through agriculture rather than seeking greener pastures." </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">Agricultural production has spiked in the rural municipality following the implementation of this scheme, said farmer Dhakal. -- RSS</span></span></span></p> ', 'published' => true, 'created' => '2023-07-02', 'modified' => '2023-07-02', 'keywords' => '', 'description' => '', 'sortorder' => '18062', 'image' => '20230702110810_36801295310_80d687ad9a_k-2.jpg', 'article_date' => '2023-07-02 11:07:29', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => null, 'user_id' => '34' ) ), (int) 14 => array( 'Article' => array( 'id' => '18330', 'article_category_id' => '1', 'title' => 'Ratnanagar Municipality Hosts Job Fair for Youths ', 'sub_title' => '', 'summary' => 'Ratnanagar Municipality in Chitwan is currently hosting a career guidance and employment fair aimed at providing valuable resources for job seekers.', 'content' => '<p><span style="font-size:18px"><span style="font-family:Calibri,sans-serif">July 2: Ratnanagar Municipality in Chitwan is currently hosting a career guidance and employment fair aimed at providing valuable resources for job seekers. </span></span></p> <p><span style="font-size:18px"><span style="font-family:Calibri,sans-serif">The fair, jointly organized by Ratnanagar Municipality and Bharatpur Metropolitan City, commenced on Friday with the objective of promoting employment opportunities and facilitating essential training for youths aspiring to excel in their chosen fields or venture into entrepreneurship.</span></span></p> <p><span style="font-size:18px"><span style="font-family:Calibri,sans-serif">The fair has been divided into 34 exhibition stalls, accommodating both employer companies and skill training institutes. </span></span><span style="font-size:18px"><span style="font-family:Calibri,sans-serif">These stalls serve as platforms for employers to showcase their organizations and potential job opportunities, while also offering attendees the chance to explore various skill training programs available to them.</span></span></p> <p><span style="font-size:18px"><span style="font-family:Calibri,sans-serif">Prahlad Sapkota, the Mayor of Ratnanagar Municipality, expressed the municipality's commitment to actively creating employment opportunities for local youths. </span></span></p> <p><span style="font-size:18px"><span style="font-family:Calibri,sans-serif">The municipality has sought technical support from Helvetas Nepal to implement job-oriented training programs. Deputy Mayor Yadav Prasad Pathak highlighted the fair's significance for individuals possessing skills but lacking job opportunities. </span></span></p> <p><span style="font-size:18px"><span style="font-family:Calibri,sans-serif">Yadav emphasized that the event provides a space for such individuals to connect with potential employers and secure employment. </span></span><span style="font-size:18px"><span style="font-family:Calibri,sans-serif">Additionally, the fair also offers a platform for individuals seeking to acquire new skills, enabling them to explore training opportunities and enhance their employability.</span></span></p> <p><span style="font-size:18px"><span style="font-family:Calibri,sans-serif">This job fair is expected to be a significant milestone in fostering employment opportunities, as it facilitates direct interaction between job seekers and job providers. </span></span></p> <p> </p> ', 'published' => true, 'created' => '2023-07-02', 'modified' => '2023-07-02', 'keywords' => '', 'description' => '', 'sortorder' => '18061', 'image' => '20230702062307_collage (8).jpg', 'article_date' => '2023-07-02 06:17:27', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '42' ) ) ) $current_user = null $logged_in = false $xml = falsesimplexml_load_file - [internal], line ?? include - APP/View/Elements/side_bar.ctp, line 133 View::_evaluate() - CORE/Cake/View/View.php, line 971 View::_render() - CORE/Cake/View/View.php, line 933 View::_renderElement() - CORE/Cake/View/View.php, line 1224 View::element() - CORE/Cake/View/View.php, line 418 include - APP/View/Articles/index.ctp, line 157 View::_evaluate() - CORE/Cake/View/View.php, line 971 View::_render() - CORE/Cake/View/View.php, line 933 View::render() - CORE/Cake/View/View.php, line 473 Controller::render() - CORE/Cake/Controller/Controller.php, line 968 Dispatcher::_invoke() - CORE/Cake/Routing/Dispatcher.php, line 200 Dispatcher::dispatch() - CORE/Cake/Routing/Dispatcher.php, line 167 [main] - APP/webroot/index.php, line 117
Currency | Unit |
Buy | Sell |
U.S. Dollar | 1 | 121.23 | 121.83 |
European Euro | 1 | 131.65 | 132.31 |
UK Pound Sterling | 1 | 142.47 | 143.18 |
Swiss Franc | 1 | 124.29 | 124.90 |
Australian Dollar | 1 | 71.69 | 72.05 |
Canadian Dollar | 1 | 83.90 | 84.32 |
Japanese Yen | 10 | 10.94 | 11.00 |
Chinese Yuan | 1 | 17.17 | 17.26 |
Saudi Arabian Riyal | 1 | 32.27 | 32.43 |
UAE Dirham | 1 | 33.01 | 33.17 |
Malaysian Ringgit | 1 | 27.36 | 27.50 |
South Korean Won | 100 | 9.77 | 9.82 |
Update: 2020-03-25 | Source: Nepal Rastra Bank (NRB)
Fine Gold | 1 tola | 77000.00 |
Tejabi Gold | 1 tola | 76700.00 |
Silver | 1 tola | 720.00 |
Update : 2020-03-25
Source: Federation of Nepal Gold and Silver Dealers' Association
Petrol | 1 Liter | 106.00 |
Diesel | 1 Liter | 95.00 |
Kerosene | 1 Liter | 95.00 |
LP Gas | 1 Cylinder | 1375.00 |
Update : 2020-03-25