May 30: A twin-otter plane of Tara Air that went out of contact sine Sunday morning while flying to Jomsom from Pokhara has been found in a wretched condition near Lete of Mustang…
May 30: A twin-otter plane of Tara Air that went out of contact sine Sunday morning while flying to Jomsom from Pokhara has been found in a wretched condition near Lete of Mustang…
May 30: The government has announced a new budget of Rs 1793.83 billion for the upcoming fiscal year (FY…
May 30: The private sector has welcomed with the budget announced by the government on Sunday.…
May 29: Finance Minister Janardan Sharma has said the budget for the upcoming fiscal year (FY 2022-23) is a take-off point towards production-oriented economy from an import-based…
May 29: The government has decided to provide old-age allowance under its social security programme from senior citizens of 68 years of age from the new fiscal…
May 29: The government has allocated Rs 69.38 billion budget for the health sector in the upcoming fiscal…
May 29: The government has increased the budget for agriculture and livestock development in upcoming fiscal year by Rs 10…
May 29: The government has announced free-of-cost kidney transplant facility for patients suffering from kidney…
May 29: The government has allocated Rs 9.38 billion for the tourism sector in the budget for the upcoming fiscal…
May 29: The government has pledged to honour the private sector stakeholders who facilitate in bringing foreign investment into the…
May 29: The government’s estimate of income and expenditure for the upcoming fiscal year 2079-80 BS (2022-23) has been presented in the…
May 29: Authorities have intensified search for the missing Twin Otter aircraft of Tara Air with call sign ‘9 NAET’ that lost contact with the air control tower while en route to Jomsom of Mustang from Pokhara, Kaski this…
May 29: According to the latest estimates of the Central Statistics Office, the contribution of the agriculture sector to the country's GDP is 23.95 per cent.…
May 29: The government is all set to present the annual budget for the upcoming fiscal year in parliament today (May…
May 29: Minister for Finance Janardan Sharma tabled the Economic Survey-2021/022 in House of Representatives (HoR) meeting on…
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', 'content' => '<p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"Arial Unicode MS","sans-serif"">May 30: A twin-otter plane of Tara Air that went out of contact sine Sunday morning while flying to Jomsom from Pokhara has been found in a wretched condition at the bottom of Manapathi mountain near Lete of Mustang district. </span></span></span></p> <p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"Arial Unicode MS","sans-serif"">According to the state-owned national news agency RSS, the plane with 22 people on board including three crew members was found at Patake Lake in Sanosora of Thasang Rural Municipality, ward-2 of Mustang this morning (May 30). </span></span></span></p> <p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"Arial Unicode MS","sans-serif"">Chairperson of Thasang Rural Municipality Pradeep Gauchan told RSS that Sumit Gauchan, a local of Lete, and other yarsa gumba pickers had sent a photo showing wretched condition of the crashed plane. </span></span></span></p> <p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"Arial Unicode MS","sans-serif"">However, the government is yet to confirm this officially. After plane parts were seen broken at the bottom of Manapathi Mountain from a distant area, the security personnel and locals had set out to the direction early this morning, chairperson Gauchan added. </span></span></span></p> <p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"Arial Unicode MS","sans-serif"">Meanwhile, Nepalese Army Spokesperson Brigadier General Narayan Silwal posted a photo of the crash site taken from a helicopter on Twitter on Monday morning confirming that the plane had crashed. </span></span></span></p> <p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"Arial Unicode MS","sans-serif"">The Army spokesperson confirmed Sanosware of Thasang-2, Mustang as the crash site through his official Twitter handle. </span></span></span></p> <p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"Arial Unicode MS","sans-serif"">The airline company said in a statement on Monday that the wreckage of the missing plane waas found at an altitude of 14,500 feet. According to the company, the search and rescue teams have now reached the accident site. The company did not announce the fate of the passengers and crew members who are believed to have died in the crash.</span></span></span></p> <p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"Arial Unicode MS","sans-serif"">The plane was carrying 19 passengers including four Indians, two Germans ,13 Nepalis and three crew members.</span></span></span></p> <p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"Arial Unicode MS","sans-serif"">The plane that flew from Pokhara to Jomsom at 9:55 on Sunday morning went out of contact after 10:11 am. </span></span></span></p> <p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"Arial Unicode MS","sans-serif"">According to media reports, the aircraft with call sign 9N-AET has been in operation since the last 43 years. </span></span></span></p> <p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"Arial Unicode MS","sans-serif"">Flight-tracking website Flightradar24 said the aircraft, with registration number 9N-AET, made its first flight in April 1979, Reuters reported.</span></span></span></p> <p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"Arial Unicode MS","sans-serif"">“Nepal, home to eight of the world's 14 highest mountains, including Everest, has a record of air accidents. Its weather can change suddenly and airstrips are typically located in mountainous areas that are hard to reach,” the news agency further reported.</span></span></span></p> <p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"Arial Unicode MS","sans-serif"">Besides the terrain and adverse weather, experts have often blamed the poor condition of aircraft as one of the major causes of air crashes. However, it is said that the reports prepared after investigation following such accidents often blame human error as the cause of accident.</span></span></span></p> ', 'published' => true, 'created' => '2022-05-30', 'modified' => '2022-05-30', 'keywords' => '', 'description' => '', 'sortorder' => '15107', 'image' => '20220530102717_tara.jpg', 'article_date' => '2022-05-30 10:25:34', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '34' ) ), (int) 1 => array( 'Article' => array( 'id' => '15364', 'article_category_id' => '1', 'title' => 'Government Unveils Annual Budget of Rs 1.79 Trillion for FY 2022/23', 'sub_title' => 'Current expenditure of the government accounts for 42 percent of the total budget', 'summary' => 'May 30: The government has announced a new budget of Rs 1793.83 billion for the upcoming fiscal year (FY 2022/023).', 'content' => '<p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"Arial Unicode MS","sans-serif"">May 30: The government has announced a new budget of Rs 1793.83 billion for the upcoming fiscal year (FY 2022/023). </span></span></span></p> <p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"Arial Unicode MS","sans-serif"">Presenting the annual budget during a meeting of the Federal Parliament on Sunday (May 29), Finance Minister Janardan Sharma said Rs 753.4 billion has been allocated for the current expenditure and Rs 380.38 billion for the capital expenditure. </span></span></span></p> <p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"Arial Unicode MS","sans-serif"">The current expenditure of the government accounts for 42 percent of the total budget while the capital expenditure is 21.2 percent of the budget.</span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">Likewise, Rs 230.22 billion has been allocated for the fiscal management which is 12.8 percent of the total budget, the finance minister said.</span></span></span></p> <p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"Arial Unicode MS","sans-serif"">A total of Rs 429.83 billion or 24 percent of the budget has been arranged for fiscal grant handover to the provincial and local governments. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">According to the Finance Minister, Rs 1240.11 billion would be raised through revenue collection while the government is expecting to receive Rs 55.46 billion as foreign grants. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">Likewise, the government plans to collect Rs 242.26 billion from foreign loans and Rs 256 billion would be managed from the domestic debt. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">The government had announced a budget of Rs 1647.57 billion for the current fiscal year. (With inputs from RSS) </span></span></span><br /> </p> ', 'published' => true, 'created' => '2022-05-30', 'modified' => '2022-05-30', 'keywords' => '', 'description' => '', 'sortorder' => '15106', 'image' => '20220530081206_ROS_KTM_IMGL4220.jpg', 'article_date' => '2022-05-30 08:11:24', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '34' ) ), (int) 2 => array( 'Article' => array( 'id' => '15363', 'article_category_id' => '1', 'title' => 'Private Sector Welcomes Budget', 'sub_title' => '', 'summary' => 'May 30: The private sector has welcomed with the budget announced by the government on Sunday. ', 'content' => '<p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"Arial Unicode MS","sans-serif"">May 30: The private sector has welcomed with the budget announced by the government on Sunday. The businesspersons and entrepreneurs have urged the government to effectively implement the budget which they claim is 'encouraging'. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">President of the Federation of Nepalese Chambers of Commerce and Industries (FNCCI) Sekhar Golchha said various issues were incorporated in the budget and it was encouraging. He observed that subsidy in export, focus on production and due address on agriculture sector are positive sides of the budget. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">Similarly, Chairperson of Nepal Chamber of Commerce (NCC) Rajendra Malla also hailed the budget and stressed that the government must implement it effectively. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">Chairperson of the Confederation of Nepalese Industries (CNI) Bishnu Kumar Agrawal said promotion of manufacturing industries, review of land ceiling for industries, grant in export and discount on electricity tariff to export industries were encouraging. </span></span></span><br /> </p> ', 'published' => true, 'created' => '2022-05-30', 'modified' => '2022-05-30', 'keywords' => '', 'description' => '', 'sortorder' => '15105', 'image' => '20220530081122_fncci_cni_ncc_gLJ2hpzNGC.jpg', 'article_date' => '2022-05-30 08:10:39', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => null, 'user_id' => '34' ) ), (int) 3 => array( 'Article' => array( 'id' => '15362', 'article_category_id' => '1', 'title' => 'Finance Minister Pledges Paradigm Shift through Budget ', 'sub_title' => '', 'summary' => 'May 29: Finance Minister Janardan Sharma has said the budget for the upcoming fiscal year (FY 2022-23) is a take-off point towards production-oriented economy from an import-based one. ', 'content' => '<p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"Arial Unicode MS","sans-serif"">May 29: Finance Minister Janardan Sharma has said the budget for the upcoming fiscal year (FY 2022-23) is a take-off point towards production-oriented economy from an import-based one. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">While announcing the budget in the joint session of the Federal Parliament on Sunday, the Finance Minister said the nation's economy was on the path of recovery after COVID-19 crisis and the revenue collection in the current fiscal year was satisfactory. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">According to the finance minister, poverty alleviation and maximum utilization of available natural assets and capital mobilization to create jobs are the priorities of the budget that focused on promoting production-based economy.</span></span></span></p> <p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"Arial Unicode MS","sans-serif"">“Agriculture, tourism, industry and energy are the special priorities of the budget,” said Minister Sharma. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">Through the budget, the government targets to minimize the imports of grains such as rice, maize and wheat by 30 percent. In addition to this, it plans to establish 100 food warehouses across the country and implement the ‘farmers’ pension programme’. The government has decided to allocate the budget of Rs 1 billion for the seed capital under this programme. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">Enhancement of fiscal discipline, transformation of agricultural sector, innovation-based economic development, recovery of tourism sector, promotion of hydropower sector and effective administrative service are other commitments of the budget. -- RSS </span></span></span></p> ', 'published' => true, 'created' => '2022-05-29', 'modified' => '2022-05-29', 'keywords' => '', 'description' => '', 'sortorder' => '15104', 'image' => '20220529071133_budget new.jpg', 'article_date' => '2022-05-29 19:10:54', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => null, 'user_id' => '34' ) ), (int) 4 => array( 'Article' => array( 'id' => '15361', 'article_category_id' => '1', 'title' => 'Senior Citizens to Receive Old-Age Allowance at 68 Years ', 'sub_title' => '', 'summary' => 'May 29: The government has decided to provide old-age allowance under its social security programme from senior citizens of 68 years of age from the new fiscal year. ', 'content' => '<p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"Arial Unicode MS","sans-serif"">May 29: The government has decided to provide old-age allowance under its social security programme from senior citizens of 68 years of age from the new fiscal year. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">According to the announcement made by Finance Minister Janardan Sharma while presenting the budget in a joint session of the parliament on Sunday, the provision of old age allowance has been amended to lower the age bar for the recipients. From now onwards, elderly citizens shall receive old-age allowance at 68 years instead of 70 years.</span></span></span></p> <p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"Arial Unicode MS","sans-serif"">The elderly citizens have been receiving monthly allowance of Rs 4,000 under the social security programme. </span></span></span></p> ', 'published' => true, 'created' => '2022-05-29', 'modified' => '2022-05-29', 'keywords' => '', 'description' => '', 'sortorder' => '15103', 'image' => '20220529070534_The-old-age-allowance.jpg', 'article_date' => '2022-05-29 19:04:34', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => null, 'user_id' => '34' ) ), (int) 5 => array( 'Article' => array( 'id' => '15360', 'article_category_id' => '1', 'title' => 'Government Allocates Rs 69.38 Billion for Health Sector ', 'sub_title' => '', 'summary' => 'May 29: The government has allocated Rs 69.38 billion budget for the health sector in the upcoming fiscal year.', 'content' => '<p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"Arial Unicode MS","sans-serif"">May 29: The government has allocated Rs 69.38 billion budget for the health sector in the upcoming fiscal year.</span></span></span></p> <p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"Arial Unicode MS","sans-serif"">Minister for Finance Janadran Sharma made such announcement while presenting the budget for the Fiscal Year 2022/23 in parliament on Sunday.</span></span></span></p> <p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"Arial Unicode MS","sans-serif"">The budget allocated for health sector in the upcoming fiscal year is less that the budget allocated in the current fiscal year by Rs 52 billion.</span></span></span></p> <p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"Arial Unicode MS","sans-serif"">Last year, the government had announced a budget of Rs 122 billion for the health sector for FY 2021/22 with focus on prevention and control of Covid-19 pandemic.</span></span></span></p> <p><br /> </p> ', 'published' => true, 'created' => '2022-05-29', 'modified' => '2022-05-29', 'keywords' => '', 'description' => '', 'sortorder' => '15102', 'image' => '20220529065428_585a7633ac880_reforma_zdravoohraneniya_2016_1200-9976.jpg', 'article_date' => '2022-05-29 18:53:45', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => null, 'user_id' => '34' ) ), (int) 6 => array( 'Article' => array( 'id' => '15359', 'article_category_id' => '1', 'title' => 'Government Increases Budget for Agriculture by Rs 10 Billion', 'sub_title' => '', 'summary' => 'May 29: The government has increased the budget for agriculture and livestock development in upcoming fiscal year by Rs 10 billion.', 'content' => '<p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif""><span style="font-size:16.0pt"><span style="font-family:"Arial","sans-serif"">May 29: The government has increased the budget for agriculture and livestock development in upcoming fiscal year by Rs 10 billion.</span></span></span></span></p> <p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif""><span style="font-size:16.0pt"><span style="font-family:"Arial","sans-serif"">As per the announcement made by Finance Minister Janardan Sharman while presenting the budget for the upcoming fiscal year in parliament on Sunday, the government has allocated a total of Rs 55.97 billion for this sector.</span></span></span></span></p> <p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif""><span style="font-size:16.0pt"><span style="font-family:"Arial","sans-serif"">The budget allocated for the agriculture and livestock sector in the current fiscal year is Rs 45.9 billion. </span></span></span></span></p> <p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif""><span style="font-size:16.0pt"><span style="font-family:"Arial","sans-serif"">The government had earlier made public its policies and programmess for the upcoming fiscal year with the aim of developing the agricultural sector, reviving the troubled economy and expanding the physical infrastructure.</span></span></span></span></p> <p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif""><span style="font-size:16.0pt"><span style="font-family:"Arial","sans-serif"">In order to achieve economic growth and sustainability through the combination of fiscal and monetary policies, the government has outlined agriculture, transport, energy, tourism and information technology as the drivers of economic growth. </span></span></span></span></p> <p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif""><span style="font-size:16.0pt"><span style="font-family:"Arial","sans-serif"">The government had also announced to formulate a new national agricultural policy for developing this sector as a major driving force.</span></span></span></span></p> ', 'published' => true, 'created' => '2022-05-29', 'modified' => '2022-05-29', 'keywords' => '', 'description' => '', 'sortorder' => '15101', 'image' => '20220529063444_agri maize.jpg', 'article_date' => '2022-05-29 18:33:35', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '34' ) ), (int) 7 => array( 'Article' => array( 'id' => '15358', 'article_category_id' => '1', 'title' => 'Government Announces Free Kidney Transplant Service', 'sub_title' => '', 'summary' => 'May 29: The government has announced free-of-cost kidney transplant facility for patients suffering from kidney failure.', '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"">May 29: The government has announced free-of-cost kidney transplant facility for patients suffering from kidney failure.</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"">Finance Minister Janardan Sharma made the announcement while presenting the budget for the upcoming fiscal year in parliament on Sunday. </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 government has also allocated Rs 200 million for all provincial hospitals to purchase dialysis machine. </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 finance minister, the government has allocated Rs 100 million to provide free-of-cost kidney transplant service for people from backward communities.</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"">It may be noted that former Health Minister Gagan Thapa had made arrangements for free dialysis during his tenure some years ago. Patients undergoing dialysis have to pay only a nominal fee for the service at government-run hospitals.</span></span></span></span></p> ', 'published' => true, 'created' => '2022-05-29', 'modified' => '2022-05-29', 'keywords' => '', 'description' => '', 'sortorder' => '15100', 'image' => '20220529053044_hospitaly-healthy.jpg', 'article_date' => '2022-05-29 17:30:07', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => null, 'user_id' => '34' ) ), (int) 8 => array( 'Article' => array( 'id' => '15357', 'article_category_id' => '1', 'title' => 'Government Allocates Rs 9.38 Billion for Tourism Sector', 'sub_title' => '', 'summary' => 'May 29: The government has allocated Rs 9.38 billion for the tourism sector in the budget for the upcoming fiscal year.', '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"">May 29: The government has allocated Rs 9.38 billion for the tourism sector in the budget for the upcoming fiscal 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"">Finance Minister Janardan Sharma made such announcement while presenting the budget in the federal parliament on Sunday.</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 constitution has a provision for announcing budget every year on the Republic Day (May 29) one and a half months before the new fiscal 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"">It may be noted that the tourism sector was the most affected by the Covid-19 pandemic for almost two years. Lately, this sector had shown some improvements with the increase in arrival of tourists.</span></span></span></span></p> <p> </p> <p> </p> ', 'published' => true, 'created' => '2022-05-29', 'modified' => '2022-05-29', 'keywords' => '', 'description' => '', 'sortorder' => '15099', 'image' => '20220529052058_Tourist.jpg', 'article_date' => '2022-05-29 17:20:21', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => null, 'user_id' => '34' ) ), (int) 9 => array( 'Article' => array( 'id' => '15356', 'article_category_id' => '1', 'title' => 'Government to Honour Private Sector for Attracting Foreign Investment', 'sub_title' => '', 'summary' => 'May 29: The government has pledged to honour the private sector stakeholders who facilitate in bringing foreign investment into the country.', '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"">May 29: The government has pledged to honour the private sector stakeholders who facilitate in bringing foreign investment into the country.</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"">Minister for Finance Janardan Sharma made such announcement while presenting the budget for the upcoming fiscal year during a joint session of parliament on Sunday. </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 said that the government announced such provision to encourage foreign investment. </span></span></span></span></p> <p> </p> ', 'published' => true, 'created' => '2022-05-29', 'modified' => '2022-05-29', 'keywords' => '', 'description' => '', 'sortorder' => '15098', 'image' => '20220529051410_Foreign investment.jpg', 'article_date' => '2022-05-29 17:13:29', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => null, 'user_id' => '34' ) ), (int) 10 => array( 'Article' => array( 'id' => '15355', 'article_category_id' => '1', 'title' => 'Government Presents Budget in Parliament ', 'sub_title' => '', 'summary' => 'May 29: The government’s estimate of income and expenditure for the upcoming fiscal year 2079-80 BS (2022-23) has been presented in the House. ', 'content' => '<p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"Arial Unicode MS","sans-serif"">May 29: The government’s estimate of income and expenditure for the upcoming fiscal year 2079-80 BS (2022-23) has been presented in the House. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">Minister for Finance Janardan Sharma is now presenting the budget before a joint session of the Federal Parliament. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">Prior to this, Speaker Agni Prasad Sapkota granted permission to the Minister to present the budget before the House that at 4:00 pm today. The budget was endorsed by the Council of Minister before its presentation in the House. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">It may be noted that President Bidya Devi Bhandari had presented the government’s new policies and programmes for the upcoming fiscal year in the joint session of the House on May 24 and they were passed by the House of Representatives on Saturday. </span></span></span></p> <p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"Arial Unicode MS","sans-serif"">The government generally announces the budget based on its policies and programmes for the given time. The government had also unveiled the Economic Survey on Saturday. -- RSS </span></span></span></p> ', 'published' => true, 'created' => '2022-05-29', 'modified' => '2022-05-29', 'keywords' => '', 'description' => '', 'sortorder' => '15097', 'image' => '20220529045445_ROS_4306.JPG', 'article_date' => '2022-05-29 16:54:06', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => null, 'user_id' => '34' ) ), (int) 11 => array( 'Article' => array( 'id' => '15354', 'article_category_id' => '1', 'title' => 'Search for ‘Missing’ Plane Continues: CAAN ', 'sub_title' => '', 'summary' => 'May 29: Authorities have intensified search for the missing Twin Otter aircraft of Tara Air with call sign ‘9 NAET’ that lost contact with the air control tower while en route to Jomsom of Mustang from Pokhara, Kaski this morning. ', 'content' => '<p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"Arial Unicode MS","sans-serif"">May 29: Authorities have intensified search for the missing Twin Otter aircraft of Tara Air with call sign ‘9 NAET’ that lost contact with the air control tower while en route to Jomsom of Mustang from Pokhara, Kaski this morning. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">According to the Search and Rescue Coordination Center of the Civil Aviation Authority of Nepal (CAAN), the plane that had left Pokhara for Jomsom at 9:55 am had lost contact with the Jomsom Tower at 10:07. The plane had last reported from Ghodepani. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">According to the center, a helicopter of Fishtail Air was sent to the site for the search operation but the effort was aborted due to adverse weather, which forced the chopper to fly back to Jomsom. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">The centre informed that helicopters are on standby in Kathmandu, Pokhara and Jomsom airports for the search efforts and the aerial search for the plane will be resumed once the weather permits. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">Separate squads of the Nepalse Army and the Nepal Police have already left for the site to undertake the search efforts. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif""> A total of 22 people including 13 Nepalis, four Indians and two Germans and three crew members were onboard the plane. -- RSS </span></span></span></p> ', 'published' => true, 'created' => '2022-05-29', 'modified' => '2022-05-29', 'keywords' => '', 'description' => '', 'sortorder' => '15096', 'image' => '20220529044837_IMG_20170214_063210-2-scaled.jpg', 'article_date' => '2022-05-29 16:47:57', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => null, 'user_id' => '34' ) ), (int) 12 => array( 'Article' => array( 'id' => '15353', 'article_category_id' => '1', 'title' => 'Government Negligent Towards Supply of Fertilizers', 'sub_title' => '', 'summary' => 'May 29: According to the latest estimates of the Central Statistics Office, the contribution of the agriculture sector to the country's GDP is 23.95 per cent. ', 'content' => '<p><span style="font-family:Arial,Helvetica,sans-serif"><span style="font-size:18px">May 29: According to the latest estimates of the Central Statistics Office, the contribution of the agriculture sector to the country's GDP is 23.95 per cent. Agriculture is also the main source of livelihood for more than half of the country’s population. However, the government has been highly negligent regarding the supply of chemical fertilizers which is very essential for agriculture. Due to this, farmers have been facing shortage of fertilizer every year during the season of planting major crops like paddy, maize and wheat.</span></span></p> <p><span style="font-family:Arial,Helvetica,sans-serif"><span style="font-size:18px">This year, the paddy-planting season is around a month away. However, they are not getting essential chemical fertilizers for paddy.</span></span></p> <p><span style="font-family:Arial,Helvetica,sans-serif"><span style="font-size:18px">Each year, the government has failed to provide fertilizers to the farmers on time.</span></span></p> <p><span style="font-family:Arial,Helvetica,sans-serif"><span style="font-size:18px">It is clearly evident that the government has failed in the management of chemical fertilizers this year as well. However, the government has not stopped repeating its assurance of providing fertilizer on time.</span></span></p> <p><span style="font-family:Arial,Helvetica,sans-serif"><span style="font-size:18px">At a program organized by the Association of Nepali Agricultural Journalists on Friday, Minister for Agriculture and Livestock Development Mahindra Raya Yadav claimed that farmers would get fertilizer by July at any cost. However, the government does not seem to have made proper preparations to supply fertilizer.</span></span></p> <p><span style="font-family:Arial,Helvetica,sans-serif"><span style="font-size:18px">The Agricultural Inputs Company Limited, the state-owned company responsible for supplying chemical fertilizers, has only 15,000 metric tons of DAP in stock. Officials of the company say that they are preparing to import 40,000 metric tons of DAP.</span></span></p> <p><span style="font-family:Arial,Helvetica,sans-serif"><span style="font-size:18px">The company claims that the first 20,000 tons of fertilizer brought through global tender will take months to arrive in Nepal, and another 20,000 tons will arrive by the first week of July.</span></span></p> <p><span style="font-family:Arial,Helvetica,sans-serif"><span style="font-size:18px">The company's current stock of 560 metric tons of urea is supplied to only eight districts. There is a scarcity of fertilizer all over the country. Around 60,000 tons of urea to be imported in the first phase from India through G2G process has not been finalized yet</span></span></p> <p><span style="font-family:Arial,Helvetica,sans-serif"><span style="font-size:18px">Acting Managing Director of the Agriculture Inputs Company Limited Rajendra Bahadur Karki, said that preparations are being made to bring urea through the fast track but India is closing the Haldia port for 11 to 45 days from next July. Stakeholders say that this has ruled out the possibility of importing fertilizer under the G2G model.</span></span></p> <p><span style="font-family:Arial,Helvetica,sans-serif"><span style="font-size:18px">Meanwhile, the Salt Trading Corporation, another company in charge of importing and selling government-subsidized fertilizer, also does not have sufficient stock of chemical fertilizers.</span></span></p> <p><span style="font-family:Arial,Helvetica,sans-serif"><span style="font-size:18px">The government and its subordinate bodies responsible for importing fertilizers have been blaming the Russia-Ukraine war for the delay in supply of fertilizers. However, stakeholders claim that the lack of preparation on part of the government is to blame for the inordinate delay in supply of fertilizers.</span></span></p> <p><span style="font-family:Arial,Helvetica,sans-serif"><span style="font-size:18px">One of the stakeholders Chandrakant Dallakoti is not ready to buy the government’s claim of war for the inordinate delay.</span></span></p> <p><span style="font-family:Arial,Helvetica,sans-serif"><span style="font-size:18px">“If the government had failed to supply fertilizer on time this year, we would have believed that it was due to the Russia-Ukraine war. But the government has been failing to supply fertilizers on time since many years,” said Dallakoti, adding, “The government is well aware that we need fertilizer in July. The government must make preparations since winter. But the farmers have always been troubled due to inadequate preparations of the government.”</span></span></p> ', 'published' => true, 'created' => '2022-05-29', 'modified' => '2022-05-29', 'keywords' => '', 'description' => '', 'sortorder' => '15095', 'image' => '20220529012218_Fertilizer.jpg', 'article_date' => '2022-05-29 13:21:07', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => null, 'user_id' => '34' ) ), (int) 13 => array( 'Article' => array( 'id' => '15352', 'article_category_id' => '1', 'title' => 'Government to Present Annual Budget in Parliament Today', 'sub_title' => '', 'summary' => 'May 29: The government is all set to present the annual budget for the upcoming fiscal year in parliament today (May 29).', 'content' => '<p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"Arial Unicode MS","sans-serif"">May 29: The government is all set to present the annual budget for the upcoming fiscal year in parliament today (May 29). </span></span></span></p> <p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"Arial Unicode MS","sans-serif"">Finance Minister Janardan Sharma will present the annual budget for the Fiscal Year 2022/23 during the joint meeting of federal parliament at 4 pm today afternoon. </span></span></span></p> <p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"Arial Unicode MS","sans-serif"">The constitution has a provision of presenting the budget in the federal parliament on the Republic Day, which falls on May 29 this year.</span></span></span></p> <p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"Arial Unicode MS","sans-serif"">All the members of parliament have been urged to be present at the parliament building before 3:45 pm today afternoon. </span></span></span></p> <p> </p> ', 'published' => true, 'created' => '2022-05-29', 'modified' => '2022-05-29', 'keywords' => '', 'description' => '', 'sortorder' => '15094', 'image' => '20220529080257_20220518080411_20210501025837_11.jpg', 'article_date' => '2022-05-29 08:02:19', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => null, 'user_id' => '34' ) ), (int) 14 => array( 'Article' => array( 'id' => '15351', 'article_category_id' => '1', 'title' => 'Finance Minister Tables Economic Survey-2021/022 ', 'sub_title' => '', 'summary' => 'May 29: Minister for Finance Janardan Sharma tabled the Economic Survey-2021/022 in House of Representatives (HoR) meeting on Saturday. ', 'content' => '<p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"Arial Unicode MS","sans-serif"">May 29: Minister for Finance Janardan Sharma tabled the Economic Survey-2021/022 in House of Representatives (HoR) meeting on Saturday. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">The Economic Survey includes the economic details of the country in the first nine months of the current fiscal year. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">The government tables the economic survey in the Federal Parliament some days before tabling the annual budget. As per the constitutional provision, the government tables the annual budget on the Republic Day on Jestha 15, which falls on May 29 (today) this year. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">As stated in the Economic Survey, a total of 621 megawatts of hydroelectricity including 456 megawatt from the Upper Tamakoshi Hydropower Project has been linked to the national transmission line till the first nine months of the current fiscal year. The government has a target to link 1,629 megawatt of power to the national grid. -- RSS </span><br /> <br /> </span></span></p> ', 'published' => true, 'created' => '2022-05-29', 'modified' => '2022-05-29', 'keywords' => '', 'description' => '', 'sortorder' => '15093', 'image' => '20220529080217_14523.jpg', 'article_date' => '2022-05-29 08:01:34', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => null, 'user_id' => '34' ) ) ) $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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', 'content' => '<p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"Arial Unicode MS","sans-serif"">May 30: A twin-otter plane of Tara Air that went out of contact sine Sunday morning while flying to Jomsom from Pokhara has been found in a wretched condition at the bottom of Manapathi mountain near Lete of Mustang district. </span></span></span></p> <p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"Arial Unicode MS","sans-serif"">According to the state-owned national news agency RSS, the plane with 22 people on board including three crew members was found at Patake Lake in Sanosora of Thasang Rural Municipality, ward-2 of Mustang this morning (May 30). </span></span></span></p> <p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"Arial Unicode MS","sans-serif"">Chairperson of Thasang Rural Municipality Pradeep Gauchan told RSS that Sumit Gauchan, a local of Lete, and other yarsa gumba pickers had sent a photo showing wretched condition of the crashed plane. </span></span></span></p> <p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"Arial Unicode MS","sans-serif"">However, the government is yet to confirm this officially. After plane parts were seen broken at the bottom of Manapathi Mountain from a distant area, the security personnel and locals had set out to the direction early this morning, chairperson Gauchan added. </span></span></span></p> <p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"Arial Unicode MS","sans-serif"">Meanwhile, Nepalese Army Spokesperson Brigadier General Narayan Silwal posted a photo of the crash site taken from a helicopter on Twitter on Monday morning confirming that the plane had crashed. </span></span></span></p> <p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"Arial Unicode MS","sans-serif"">The Army spokesperson confirmed Sanosware of Thasang-2, Mustang as the crash site through his official Twitter handle. </span></span></span></p> <p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"Arial Unicode MS","sans-serif"">The airline company said in a statement on Monday that the wreckage of the missing plane waas found at an altitude of 14,500 feet. According to the company, the search and rescue teams have now reached the accident site. The company did not announce the fate of the passengers and crew members who are believed to have died in the crash.</span></span></span></p> <p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"Arial Unicode MS","sans-serif"">The plane was carrying 19 passengers including four Indians, two Germans ,13 Nepalis and three crew members.</span></span></span></p> <p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"Arial Unicode MS","sans-serif"">The plane that flew from Pokhara to Jomsom at 9:55 on Sunday morning went out of contact after 10:11 am. </span></span></span></p> <p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"Arial Unicode MS","sans-serif"">According to media reports, the aircraft with call sign 9N-AET has been in operation since the last 43 years. </span></span></span></p> <p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"Arial Unicode MS","sans-serif"">Flight-tracking website Flightradar24 said the aircraft, with registration number 9N-AET, made its first flight in April 1979, Reuters reported.</span></span></span></p> <p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"Arial Unicode MS","sans-serif"">“Nepal, home to eight of the world's 14 highest mountains, including Everest, has a record of air accidents. Its weather can change suddenly and airstrips are typically located in mountainous areas that are hard to reach,” the news agency further reported.</span></span></span></p> <p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"Arial Unicode MS","sans-serif"">Besides the terrain and adverse weather, experts have often blamed the poor condition of aircraft as one of the major causes of air crashes. However, it is said that the reports prepared after investigation following such accidents often blame human error as the cause of accident.</span></span></span></p> ', 'published' => true, 'created' => '2022-05-30', 'modified' => '2022-05-30', 'keywords' => '', 'description' => '', 'sortorder' => '15107', 'image' => '20220530102717_tara.jpg', 'article_date' => '2022-05-30 10:25:34', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '34' ) ), (int) 1 => array( 'Article' => array( 'id' => '15364', 'article_category_id' => '1', 'title' => 'Government Unveils Annual Budget of Rs 1.79 Trillion for FY 2022/23', 'sub_title' => 'Current expenditure of the government accounts for 42 percent of the total budget', 'summary' => 'May 30: The government has announced a new budget of Rs 1793.83 billion for the upcoming fiscal year (FY 2022/023).', 'content' => '<p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"Arial Unicode MS","sans-serif"">May 30: The government has announced a new budget of Rs 1793.83 billion for the upcoming fiscal year (FY 2022/023). </span></span></span></p> <p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"Arial Unicode MS","sans-serif"">Presenting the annual budget during a meeting of the Federal Parliament on Sunday (May 29), Finance Minister Janardan Sharma said Rs 753.4 billion has been allocated for the current expenditure and Rs 380.38 billion for the capital expenditure. </span></span></span></p> <p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"Arial Unicode MS","sans-serif"">The current expenditure of the government accounts for 42 percent of the total budget while the capital expenditure is 21.2 percent of the budget.</span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">Likewise, Rs 230.22 billion has been allocated for the fiscal management which is 12.8 percent of the total budget, the finance minister said.</span></span></span></p> <p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"Arial Unicode MS","sans-serif"">A total of Rs 429.83 billion or 24 percent of the budget has been arranged for fiscal grant handover to the provincial and local governments. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">According to the Finance Minister, Rs 1240.11 billion would be raised through revenue collection while the government is expecting to receive Rs 55.46 billion as foreign grants. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">Likewise, the government plans to collect Rs 242.26 billion from foreign loans and Rs 256 billion would be managed from the domestic debt. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">The government had announced a budget of Rs 1647.57 billion for the current fiscal year. (With inputs from RSS) </span></span></span><br /> </p> ', 'published' => true, 'created' => '2022-05-30', 'modified' => '2022-05-30', 'keywords' => '', 'description' => '', 'sortorder' => '15106', 'image' => '20220530081206_ROS_KTM_IMGL4220.jpg', 'article_date' => '2022-05-30 08:11:24', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '34' ) ), (int) 2 => array( 'Article' => array( 'id' => '15363', 'article_category_id' => '1', 'title' => 'Private Sector Welcomes Budget', 'sub_title' => '', 'summary' => 'May 30: The private sector has welcomed with the budget announced by the government on Sunday. ', 'content' => '<p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"Arial Unicode MS","sans-serif"">May 30: The private sector has welcomed with the budget announced by the government on Sunday. The businesspersons and entrepreneurs have urged the government to effectively implement the budget which they claim is 'encouraging'. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">President of the Federation of Nepalese Chambers of Commerce and Industries (FNCCI) Sekhar Golchha said various issues were incorporated in the budget and it was encouraging. He observed that subsidy in export, focus on production and due address on agriculture sector are positive sides of the budget. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">Similarly, Chairperson of Nepal Chamber of Commerce (NCC) Rajendra Malla also hailed the budget and stressed that the government must implement it effectively. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">Chairperson of the Confederation of Nepalese Industries (CNI) Bishnu Kumar Agrawal said promotion of manufacturing industries, review of land ceiling for industries, grant in export and discount on electricity tariff to export industries were encouraging. </span></span></span><br /> </p> ', 'published' => true, 'created' => '2022-05-30', 'modified' => '2022-05-30', 'keywords' => '', 'description' => '', 'sortorder' => '15105', 'image' => '20220530081122_fncci_cni_ncc_gLJ2hpzNGC.jpg', 'article_date' => '2022-05-30 08:10:39', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => null, 'user_id' => '34' ) ), (int) 3 => array( 'Article' => array( 'id' => '15362', 'article_category_id' => '1', 'title' => 'Finance Minister Pledges Paradigm Shift through Budget ', 'sub_title' => '', 'summary' => 'May 29: Finance Minister Janardan Sharma has said the budget for the upcoming fiscal year (FY 2022-23) is a take-off point towards production-oriented economy from an import-based one. ', 'content' => '<p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"Arial Unicode MS","sans-serif"">May 29: Finance Minister Janardan Sharma has said the budget for the upcoming fiscal year (FY 2022-23) is a take-off point towards production-oriented economy from an import-based one. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">While announcing the budget in the joint session of the Federal Parliament on Sunday, the Finance Minister said the nation's economy was on the path of recovery after COVID-19 crisis and the revenue collection in the current fiscal year was satisfactory. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">According to the finance minister, poverty alleviation and maximum utilization of available natural assets and capital mobilization to create jobs are the priorities of the budget that focused on promoting production-based economy.</span></span></span></p> <p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"Arial Unicode MS","sans-serif"">“Agriculture, tourism, industry and energy are the special priorities of the budget,” said Minister Sharma. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">Through the budget, the government targets to minimize the imports of grains such as rice, maize and wheat by 30 percent. In addition to this, it plans to establish 100 food warehouses across the country and implement the ‘farmers’ pension programme’. The government has decided to allocate the budget of Rs 1 billion for the seed capital under this programme. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">Enhancement of fiscal discipline, transformation of agricultural sector, innovation-based economic development, recovery of tourism sector, promotion of hydropower sector and effective administrative service are other commitments of the budget. -- RSS </span></span></span></p> ', 'published' => true, 'created' => '2022-05-29', 'modified' => '2022-05-29', 'keywords' => '', 'description' => '', 'sortorder' => '15104', 'image' => '20220529071133_budget new.jpg', 'article_date' => '2022-05-29 19:10:54', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => null, 'user_id' => '34' ) ), (int) 4 => array( 'Article' => array( 'id' => '15361', 'article_category_id' => '1', 'title' => 'Senior Citizens to Receive Old-Age Allowance at 68 Years ', 'sub_title' => '', 'summary' => 'May 29: The government has decided to provide old-age allowance under its social security programme from senior citizens of 68 years of age from the new fiscal year. ', 'content' => '<p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"Arial Unicode MS","sans-serif"">May 29: The government has decided to provide old-age allowance under its social security programme from senior citizens of 68 years of age from the new fiscal year. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">According to the announcement made by Finance Minister Janardan Sharma while presenting the budget in a joint session of the parliament on Sunday, the provision of old age allowance has been amended to lower the age bar for the recipients. From now onwards, elderly citizens shall receive old-age allowance at 68 years instead of 70 years.</span></span></span></p> <p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"Arial Unicode MS","sans-serif"">The elderly citizens have been receiving monthly allowance of Rs 4,000 under the social security programme. </span></span></span></p> ', 'published' => true, 'created' => '2022-05-29', 'modified' => '2022-05-29', 'keywords' => '', 'description' => '', 'sortorder' => '15103', 'image' => '20220529070534_The-old-age-allowance.jpg', 'article_date' => '2022-05-29 19:04:34', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => null, 'user_id' => '34' ) ), (int) 5 => array( 'Article' => array( 'id' => '15360', 'article_category_id' => '1', 'title' => 'Government Allocates Rs 69.38 Billion for Health Sector ', 'sub_title' => '', 'summary' => 'May 29: The government has allocated Rs 69.38 billion budget for the health sector in the upcoming fiscal year.', 'content' => '<p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"Arial Unicode MS","sans-serif"">May 29: The government has allocated Rs 69.38 billion budget for the health sector in the upcoming fiscal year.</span></span></span></p> <p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"Arial Unicode MS","sans-serif"">Minister for Finance Janadran Sharma made such announcement while presenting the budget for the Fiscal Year 2022/23 in parliament on Sunday.</span></span></span></p> <p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"Arial Unicode MS","sans-serif"">The budget allocated for health sector in the upcoming fiscal year is less that the budget allocated in the current fiscal year by Rs 52 billion.</span></span></span></p> <p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"Arial Unicode MS","sans-serif"">Last year, the government had announced a budget of Rs 122 billion for the health sector for FY 2021/22 with focus on prevention and control of Covid-19 pandemic.</span></span></span></p> <p><br /> </p> ', 'published' => true, 'created' => '2022-05-29', 'modified' => '2022-05-29', 'keywords' => '', 'description' => '', 'sortorder' => '15102', 'image' => '20220529065428_585a7633ac880_reforma_zdravoohraneniya_2016_1200-9976.jpg', 'article_date' => '2022-05-29 18:53:45', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => null, 'user_id' => '34' ) ), (int) 6 => array( 'Article' => array( 'id' => '15359', 'article_category_id' => '1', 'title' => 'Government Increases Budget for Agriculture by Rs 10 Billion', 'sub_title' => '', 'summary' => 'May 29: The government has increased the budget for agriculture and livestock development in upcoming fiscal year by Rs 10 billion.', 'content' => '<p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif""><span style="font-size:16.0pt"><span style="font-family:"Arial","sans-serif"">May 29: The government has increased the budget for agriculture and livestock development in upcoming fiscal year by Rs 10 billion.</span></span></span></span></p> <p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif""><span style="font-size:16.0pt"><span style="font-family:"Arial","sans-serif"">As per the announcement made by Finance Minister Janardan Sharman while presenting the budget for the upcoming fiscal year in parliament on Sunday, the government has allocated a total of Rs 55.97 billion for this sector.</span></span></span></span></p> <p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif""><span style="font-size:16.0pt"><span style="font-family:"Arial","sans-serif"">The budget allocated for the agriculture and livestock sector in the current fiscal year is Rs 45.9 billion. </span></span></span></span></p> <p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif""><span style="font-size:16.0pt"><span style="font-family:"Arial","sans-serif"">The government had earlier made public its policies and programmess for the upcoming fiscal year with the aim of developing the agricultural sector, reviving the troubled economy and expanding the physical infrastructure.</span></span></span></span></p> <p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif""><span style="font-size:16.0pt"><span style="font-family:"Arial","sans-serif"">In order to achieve economic growth and sustainability through the combination of fiscal and monetary policies, the government has outlined agriculture, transport, energy, tourism and information technology as the drivers of economic growth. </span></span></span></span></p> <p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif""><span style="font-size:16.0pt"><span style="font-family:"Arial","sans-serif"">The government had also announced to formulate a new national agricultural policy for developing this sector as a major driving force.</span></span></span></span></p> ', 'published' => true, 'created' => '2022-05-29', 'modified' => '2022-05-29', 'keywords' => '', 'description' => '', 'sortorder' => '15101', 'image' => '20220529063444_agri maize.jpg', 'article_date' => '2022-05-29 18:33:35', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '34' ) ), (int) 7 => array( 'Article' => array( 'id' => '15358', 'article_category_id' => '1', 'title' => 'Government Announces Free Kidney Transplant Service', 'sub_title' => '', 'summary' => 'May 29: The government has announced free-of-cost kidney transplant facility for patients suffering from kidney failure.', '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"">May 29: The government has announced free-of-cost kidney transplant facility for patients suffering from kidney failure.</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"">Finance Minister Janardan Sharma made the announcement while presenting the budget for the upcoming fiscal year in parliament on Sunday. </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 government has also allocated Rs 200 million for all provincial hospitals to purchase dialysis machine. </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 finance minister, the government has allocated Rs 100 million to provide free-of-cost kidney transplant service for people from backward communities.</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"">It may be noted that former Health Minister Gagan Thapa had made arrangements for free dialysis during his tenure some years ago. Patients undergoing dialysis have to pay only a nominal fee for the service at government-run hospitals.</span></span></span></span></p> ', 'published' => true, 'created' => '2022-05-29', 'modified' => '2022-05-29', 'keywords' => '', 'description' => '', 'sortorder' => '15100', 'image' => '20220529053044_hospitaly-healthy.jpg', 'article_date' => '2022-05-29 17:30:07', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => null, 'user_id' => '34' ) ), (int) 8 => array( 'Article' => array( 'id' => '15357', 'article_category_id' => '1', 'title' => 'Government Allocates Rs 9.38 Billion for Tourism Sector', 'sub_title' => '', 'summary' => 'May 29: The government has allocated Rs 9.38 billion for the tourism sector in the budget for the upcoming fiscal year.', '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"">May 29: The government has allocated Rs 9.38 billion for the tourism sector in the budget for the upcoming fiscal 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"">Finance Minister Janardan Sharma made such announcement while presenting the budget in the federal parliament on Sunday.</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 constitution has a provision for announcing budget every year on the Republic Day (May 29) one and a half months before the new fiscal 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"">It may be noted that the tourism sector was the most affected by the Covid-19 pandemic for almost two years. Lately, this sector had shown some improvements with the increase in arrival of tourists.</span></span></span></span></p> <p> </p> <p> </p> ', 'published' => true, 'created' => '2022-05-29', 'modified' => '2022-05-29', 'keywords' => '', 'description' => '', 'sortorder' => '15099', 'image' => '20220529052058_Tourist.jpg', 'article_date' => '2022-05-29 17:20:21', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => null, 'user_id' => '34' ) ), (int) 9 => array( 'Article' => array( 'id' => '15356', 'article_category_id' => '1', 'title' => 'Government to Honour Private Sector for Attracting Foreign Investment', 'sub_title' => '', 'summary' => 'May 29: The government has pledged to honour the private sector stakeholders who facilitate in bringing foreign investment into the country.', '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"">May 29: The government has pledged to honour the private sector stakeholders who facilitate in bringing foreign investment into the country.</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"">Minister for Finance Janardan Sharma made such announcement while presenting the budget for the upcoming fiscal year during a joint session of parliament on Sunday. </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 said that the government announced such provision to encourage foreign investment. </span></span></span></span></p> <p> </p> ', 'published' => true, 'created' => '2022-05-29', 'modified' => '2022-05-29', 'keywords' => '', 'description' => '', 'sortorder' => '15098', 'image' => '20220529051410_Foreign investment.jpg', 'article_date' => '2022-05-29 17:13:29', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => null, 'user_id' => '34' ) ), (int) 10 => array( 'Article' => array( 'id' => '15355', 'article_category_id' => '1', 'title' => 'Government Presents Budget in Parliament ', 'sub_title' => '', 'summary' => 'May 29: The government’s estimate of income and expenditure for the upcoming fiscal year 2079-80 BS (2022-23) has been presented in the House. ', 'content' => '<p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"Arial Unicode MS","sans-serif"">May 29: The government’s estimate of income and expenditure for the upcoming fiscal year 2079-80 BS (2022-23) has been presented in the House. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">Minister for Finance Janardan Sharma is now presenting the budget before a joint session of the Federal Parliament. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">Prior to this, Speaker Agni Prasad Sapkota granted permission to the Minister to present the budget before the House that at 4:00 pm today. The budget was endorsed by the Council of Minister before its presentation in the House. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">It may be noted that President Bidya Devi Bhandari had presented the government’s new policies and programmes for the upcoming fiscal year in the joint session of the House on May 24 and they were passed by the House of Representatives on Saturday. </span></span></span></p> <p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"Arial Unicode MS","sans-serif"">The government generally announces the budget based on its policies and programmes for the given time. The government had also unveiled the Economic Survey on Saturday. -- RSS </span></span></span></p> ', 'published' => true, 'created' => '2022-05-29', 'modified' => '2022-05-29', 'keywords' => '', 'description' => '', 'sortorder' => '15097', 'image' => '20220529045445_ROS_4306.JPG', 'article_date' => '2022-05-29 16:54:06', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => null, 'user_id' => '34' ) ), (int) 11 => array( 'Article' => array( 'id' => '15354', 'article_category_id' => '1', 'title' => 'Search for ‘Missing’ Plane Continues: CAAN ', 'sub_title' => '', 'summary' => 'May 29: Authorities have intensified search for the missing Twin Otter aircraft of Tara Air with call sign ‘9 NAET’ that lost contact with the air control tower while en route to Jomsom of Mustang from Pokhara, Kaski this morning. ', 'content' => '<p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"Arial Unicode MS","sans-serif"">May 29: Authorities have intensified search for the missing Twin Otter aircraft of Tara Air with call sign ‘9 NAET’ that lost contact with the air control tower while en route to Jomsom of Mustang from Pokhara, Kaski this morning. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">According to the Search and Rescue Coordination Center of the Civil Aviation Authority of Nepal (CAAN), the plane that had left Pokhara for Jomsom at 9:55 am had lost contact with the Jomsom Tower at 10:07. The plane had last reported from Ghodepani. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">According to the center, a helicopter of Fishtail Air was sent to the site for the search operation but the effort was aborted due to adverse weather, which forced the chopper to fly back to Jomsom. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">The centre informed that helicopters are on standby in Kathmandu, Pokhara and Jomsom airports for the search efforts and the aerial search for the plane will be resumed once the weather permits. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">Separate squads of the Nepalse Army and the Nepal Police have already left for the site to undertake the search efforts. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif""> A total of 22 people including 13 Nepalis, four Indians and two Germans and three crew members were onboard the plane. -- RSS </span></span></span></p> ', 'published' => true, 'created' => '2022-05-29', 'modified' => '2022-05-29', 'keywords' => '', 'description' => '', 'sortorder' => '15096', 'image' => '20220529044837_IMG_20170214_063210-2-scaled.jpg', 'article_date' => '2022-05-29 16:47:57', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => null, 'user_id' => '34' ) ), (int) 12 => array( 'Article' => array( 'id' => '15353', 'article_category_id' => '1', 'title' => 'Government Negligent Towards Supply of Fertilizers', 'sub_title' => '', 'summary' => 'May 29: According to the latest estimates of the Central Statistics Office, the contribution of the agriculture sector to the country's GDP is 23.95 per cent. ', 'content' => '<p><span style="font-family:Arial,Helvetica,sans-serif"><span style="font-size:18px">May 29: According to the latest estimates of the Central Statistics Office, the contribution of the agriculture sector to the country's GDP is 23.95 per cent. Agriculture is also the main source of livelihood for more than half of the country’s population. However, the government has been highly negligent regarding the supply of chemical fertilizers which is very essential for agriculture. Due to this, farmers have been facing shortage of fertilizer every year during the season of planting major crops like paddy, maize and wheat.</span></span></p> <p><span style="font-family:Arial,Helvetica,sans-serif"><span style="font-size:18px">This year, the paddy-planting season is around a month away. However, they are not getting essential chemical fertilizers for paddy.</span></span></p> <p><span style="font-family:Arial,Helvetica,sans-serif"><span style="font-size:18px">Each year, the government has failed to provide fertilizers to the farmers on time.</span></span></p> <p><span style="font-family:Arial,Helvetica,sans-serif"><span style="font-size:18px">It is clearly evident that the government has failed in the management of chemical fertilizers this year as well. However, the government has not stopped repeating its assurance of providing fertilizer on time.</span></span></p> <p><span style="font-family:Arial,Helvetica,sans-serif"><span style="font-size:18px">At a program organized by the Association of Nepali Agricultural Journalists on Friday, Minister for Agriculture and Livestock Development Mahindra Raya Yadav claimed that farmers would get fertilizer by July at any cost. However, the government does not seem to have made proper preparations to supply fertilizer.</span></span></p> <p><span style="font-family:Arial,Helvetica,sans-serif"><span style="font-size:18px">The Agricultural Inputs Company Limited, the state-owned company responsible for supplying chemical fertilizers, has only 15,000 metric tons of DAP in stock. Officials of the company say that they are preparing to import 40,000 metric tons of DAP.</span></span></p> <p><span style="font-family:Arial,Helvetica,sans-serif"><span style="font-size:18px">The company claims that the first 20,000 tons of fertilizer brought through global tender will take months to arrive in Nepal, and another 20,000 tons will arrive by the first week of July.</span></span></p> <p><span style="font-family:Arial,Helvetica,sans-serif"><span style="font-size:18px">The company's current stock of 560 metric tons of urea is supplied to only eight districts. There is a scarcity of fertilizer all over the country. Around 60,000 tons of urea to be imported in the first phase from India through G2G process has not been finalized yet</span></span></p> <p><span style="font-family:Arial,Helvetica,sans-serif"><span style="font-size:18px">Acting Managing Director of the Agriculture Inputs Company Limited Rajendra Bahadur Karki, said that preparations are being made to bring urea through the fast track but India is closing the Haldia port for 11 to 45 days from next July. Stakeholders say that this has ruled out the possibility of importing fertilizer under the G2G model.</span></span></p> <p><span style="font-family:Arial,Helvetica,sans-serif"><span style="font-size:18px">Meanwhile, the Salt Trading Corporation, another company in charge of importing and selling government-subsidized fertilizer, also does not have sufficient stock of chemical fertilizers.</span></span></p> <p><span style="font-family:Arial,Helvetica,sans-serif"><span style="font-size:18px">The government and its subordinate bodies responsible for importing fertilizers have been blaming the Russia-Ukraine war for the delay in supply of fertilizers. However, stakeholders claim that the lack of preparation on part of the government is to blame for the inordinate delay in supply of fertilizers.</span></span></p> <p><span style="font-family:Arial,Helvetica,sans-serif"><span style="font-size:18px">One of the stakeholders Chandrakant Dallakoti is not ready to buy the government’s claim of war for the inordinate delay.</span></span></p> <p><span style="font-family:Arial,Helvetica,sans-serif"><span style="font-size:18px">“If the government had failed to supply fertilizer on time this year, we would have believed that it was due to the Russia-Ukraine war. But the government has been failing to supply fertilizers on time since many years,” said Dallakoti, adding, “The government is well aware that we need fertilizer in July. The government must make preparations since winter. But the farmers have always been troubled due to inadequate preparations of the government.”</span></span></p> ', 'published' => true, 'created' => '2022-05-29', 'modified' => '2022-05-29', 'keywords' => '', 'description' => '', 'sortorder' => '15095', 'image' => '20220529012218_Fertilizer.jpg', 'article_date' => '2022-05-29 13:21:07', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => null, 'user_id' => '34' ) ), (int) 13 => array( 'Article' => array( 'id' => '15352', 'article_category_id' => '1', 'title' => 'Government to Present Annual Budget in Parliament Today', 'sub_title' => '', 'summary' => 'May 29: The government is all set to present the annual budget for the upcoming fiscal year in parliament today (May 29).', 'content' => '<p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"Arial Unicode MS","sans-serif"">May 29: The government is all set to present the annual budget for the upcoming fiscal year in parliament today (May 29). </span></span></span></p> <p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"Arial Unicode MS","sans-serif"">Finance Minister Janardan Sharma will present the annual budget for the Fiscal Year 2022/23 during the joint meeting of federal parliament at 4 pm today afternoon. </span></span></span></p> <p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"Arial Unicode MS","sans-serif"">The constitution has a provision of presenting the budget in the federal parliament on the Republic Day, which falls on May 29 this year.</span></span></span></p> <p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"Arial Unicode MS","sans-serif"">All the members of parliament have been urged to be present at the parliament building before 3:45 pm today afternoon. </span></span></span></p> <p> </p> ', 'published' => true, 'created' => '2022-05-29', 'modified' => '2022-05-29', 'keywords' => '', 'description' => '', 'sortorder' => '15094', 'image' => '20220529080257_20220518080411_20210501025837_11.jpg', 'article_date' => '2022-05-29 08:02:19', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => null, 'user_id' => '34' ) ), (int) 14 => array( 'Article' => array( 'id' => '15351', 'article_category_id' => '1', 'title' => 'Finance Minister Tables Economic Survey-2021/022 ', 'sub_title' => '', 'summary' => 'May 29: Minister for Finance Janardan Sharma tabled the Economic Survey-2021/022 in House of Representatives (HoR) meeting on Saturday. ', 'content' => '<p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"Arial Unicode MS","sans-serif"">May 29: Minister for Finance Janardan Sharma tabled the Economic Survey-2021/022 in House of Representatives (HoR) meeting on Saturday. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">The Economic Survey includes the economic details of the country in the first nine months of the current fiscal year. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">The government tables the economic survey in the Federal Parliament some days before tabling the annual budget. As per the constitutional provision, the government tables the annual budget on the Republic Day on Jestha 15, which falls on May 29 (today) this year. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">As stated in the Economic Survey, a total of 621 megawatts of hydroelectricity including 456 megawatt from the Upper Tamakoshi Hydropower Project has been linked to the national transmission line till the first nine months of the current fiscal year. The government has a target to link 1,629 megawatt of power to the national grid. -- RSS </span><br /> <br /> </span></span></p> ', 'published' => true, 'created' => '2022-05-29', 'modified' => '2022-05-29', 'keywords' => '', 'description' => '', 'sortorder' => '15093', 'image' => '20220529080217_14523.jpg', 'article_date' => '2022-05-29 08:01:34', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => null, 'user_id' => '34' ) ) ) $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
Notice (8): Undefined variable: file [APP/View/Elements/side_bar.ctp, line 133]Code Context// $file = 'http://aabhiyan:QUVLg8Wzs2F7G9N7@nepalstock.com.np/api/subindexdata.xml';if(!$xml = simplexml_load_file($file)){$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' => '15365', 'article_category_id' => '1', 'title' => 'Missing Plane found in Ruins Near Manapathi Mountain', 'sub_title' => '', 'summary' => 'May 30: A twin-otter plane of Tara Air that went out of contact sine Sunday morning while flying to Jomsom from Pokhara has been found in a wretched condition near Lete of Mustang district. ', 'content' => '<p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"Arial Unicode MS","sans-serif"">May 30: A twin-otter plane of Tara Air that went out of contact sine Sunday morning while flying to Jomsom from Pokhara has been found in a wretched condition at the bottom of Manapathi mountain near Lete of Mustang district. </span></span></span></p> <p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"Arial Unicode MS","sans-serif"">According to the state-owned national news agency RSS, the plane with 22 people on board including three crew members was found at Patake Lake in Sanosora of Thasang Rural Municipality, ward-2 of Mustang this morning (May 30). </span></span></span></p> <p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"Arial Unicode MS","sans-serif"">Chairperson of Thasang Rural Municipality Pradeep Gauchan told RSS that Sumit Gauchan, a local of Lete, and other yarsa gumba pickers had sent a photo showing wretched condition of the crashed plane. </span></span></span></p> <p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"Arial Unicode MS","sans-serif"">However, the government is yet to confirm this officially. After plane parts were seen broken at the bottom of Manapathi Mountain from a distant area, the security personnel and locals had set out to the direction early this morning, chairperson Gauchan added. </span></span></span></p> <p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"Arial Unicode MS","sans-serif"">Meanwhile, Nepalese Army Spokesperson Brigadier General Narayan Silwal posted a photo of the crash site taken from a helicopter on Twitter on Monday morning confirming that the plane had crashed. </span></span></span></p> <p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"Arial Unicode MS","sans-serif"">The Army spokesperson confirmed Sanosware of Thasang-2, Mustang as the crash site through his official Twitter handle. </span></span></span></p> <p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"Arial Unicode MS","sans-serif"">The airline company said in a statement on Monday that the wreckage of the missing plane waas found at an altitude of 14,500 feet. According to the company, the search and rescue teams have now reached the accident site. The company did not announce the fate of the passengers and crew members who are believed to have died in the crash.</span></span></span></p> <p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"Arial Unicode MS","sans-serif"">The plane was carrying 19 passengers including four Indians, two Germans ,13 Nepalis and three crew members.</span></span></span></p> <p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"Arial Unicode MS","sans-serif"">The plane that flew from Pokhara to Jomsom at 9:55 on Sunday morning went out of contact after 10:11 am. </span></span></span></p> <p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"Arial Unicode MS","sans-serif"">According to media reports, the aircraft with call sign 9N-AET has been in operation since the last 43 years. </span></span></span></p> <p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"Arial Unicode MS","sans-serif"">Flight-tracking website Flightradar24 said the aircraft, with registration number 9N-AET, made its first flight in April 1979, Reuters reported.</span></span></span></p> <p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"Arial Unicode MS","sans-serif"">“Nepal, home to eight of the world's 14 highest mountains, including Everest, has a record of air accidents. Its weather can change suddenly and airstrips are typically located in mountainous areas that are hard to reach,” the news agency further reported.</span></span></span></p> <p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"Arial Unicode MS","sans-serif"">Besides the terrain and adverse weather, experts have often blamed the poor condition of aircraft as one of the major causes of air crashes. However, it is said that the reports prepared after investigation following such accidents often blame human error as the cause of accident.</span></span></span></p> ', 'published' => true, 'created' => '2022-05-30', 'modified' => '2022-05-30', 'keywords' => '', 'description' => '', 'sortorder' => '15107', 'image' => '20220530102717_tara.jpg', 'article_date' => '2022-05-30 10:25:34', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '34' ) ), (int) 1 => array( 'Article' => array( 'id' => '15364', 'article_category_id' => '1', 'title' => 'Government Unveils Annual Budget of Rs 1.79 Trillion for FY 2022/23', 'sub_title' => 'Current expenditure of the government accounts for 42 percent of the total budget', 'summary' => 'May 30: The government has announced a new budget of Rs 1793.83 billion for the upcoming fiscal year (FY 2022/023).', 'content' => '<p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"Arial Unicode MS","sans-serif"">May 30: The government has announced a new budget of Rs 1793.83 billion for the upcoming fiscal year (FY 2022/023). </span></span></span></p> <p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"Arial Unicode MS","sans-serif"">Presenting the annual budget during a meeting of the Federal Parliament on Sunday (May 29), Finance Minister Janardan Sharma said Rs 753.4 billion has been allocated for the current expenditure and Rs 380.38 billion for the capital expenditure. </span></span></span></p> <p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"Arial Unicode MS","sans-serif"">The current expenditure of the government accounts for 42 percent of the total budget while the capital expenditure is 21.2 percent of the budget.</span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">Likewise, Rs 230.22 billion has been allocated for the fiscal management which is 12.8 percent of the total budget, the finance minister said.</span></span></span></p> <p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"Arial Unicode MS","sans-serif"">A total of Rs 429.83 billion or 24 percent of the budget has been arranged for fiscal grant handover to the provincial and local governments. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">According to the Finance Minister, Rs 1240.11 billion would be raised through revenue collection while the government is expecting to receive Rs 55.46 billion as foreign grants. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">Likewise, the government plans to collect Rs 242.26 billion from foreign loans and Rs 256 billion would be managed from the domestic debt. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">The government had announced a budget of Rs 1647.57 billion for the current fiscal year. (With inputs from RSS) </span></span></span><br /> </p> ', 'published' => true, 'created' => '2022-05-30', 'modified' => '2022-05-30', 'keywords' => '', 'description' => '', 'sortorder' => '15106', 'image' => '20220530081206_ROS_KTM_IMGL4220.jpg', 'article_date' => '2022-05-30 08:11:24', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '34' ) ), (int) 2 => array( 'Article' => array( 'id' => '15363', 'article_category_id' => '1', 'title' => 'Private Sector Welcomes Budget', 'sub_title' => '', 'summary' => 'May 30: The private sector has welcomed with the budget announced by the government on Sunday. ', 'content' => '<p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"Arial Unicode MS","sans-serif"">May 30: The private sector has welcomed with the budget announced by the government on Sunday. The businesspersons and entrepreneurs have urged the government to effectively implement the budget which they claim is 'encouraging'. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">President of the Federation of Nepalese Chambers of Commerce and Industries (FNCCI) Sekhar Golchha said various issues were incorporated in the budget and it was encouraging. He observed that subsidy in export, focus on production and due address on agriculture sector are positive sides of the budget. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">Similarly, Chairperson of Nepal Chamber of Commerce (NCC) Rajendra Malla also hailed the budget and stressed that the government must implement it effectively. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">Chairperson of the Confederation of Nepalese Industries (CNI) Bishnu Kumar Agrawal said promotion of manufacturing industries, review of land ceiling for industries, grant in export and discount on electricity tariff to export industries were encouraging. </span></span></span><br /> </p> ', 'published' => true, 'created' => '2022-05-30', 'modified' => '2022-05-30', 'keywords' => '', 'description' => '', 'sortorder' => '15105', 'image' => '20220530081122_fncci_cni_ncc_gLJ2hpzNGC.jpg', 'article_date' => '2022-05-30 08:10:39', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => null, 'user_id' => '34' ) ), (int) 3 => array( 'Article' => array( 'id' => '15362', 'article_category_id' => '1', 'title' => 'Finance Minister Pledges Paradigm Shift through Budget ', 'sub_title' => '', 'summary' => 'May 29: Finance Minister Janardan Sharma has said the budget for the upcoming fiscal year (FY 2022-23) is a take-off point towards production-oriented economy from an import-based one. ', 'content' => '<p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"Arial Unicode MS","sans-serif"">May 29: Finance Minister Janardan Sharma has said the budget for the upcoming fiscal year (FY 2022-23) is a take-off point towards production-oriented economy from an import-based one. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">While announcing the budget in the joint session of the Federal Parliament on Sunday, the Finance Minister said the nation's economy was on the path of recovery after COVID-19 crisis and the revenue collection in the current fiscal year was satisfactory. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">According to the finance minister, poverty alleviation and maximum utilization of available natural assets and capital mobilization to create jobs are the priorities of the budget that focused on promoting production-based economy.</span></span></span></p> <p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"Arial Unicode MS","sans-serif"">“Agriculture, tourism, industry and energy are the special priorities of the budget,” said Minister Sharma. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">Through the budget, the government targets to minimize the imports of grains such as rice, maize and wheat by 30 percent. In addition to this, it plans to establish 100 food warehouses across the country and implement the ‘farmers’ pension programme’. The government has decided to allocate the budget of Rs 1 billion for the seed capital under this programme. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">Enhancement of fiscal discipline, transformation of agricultural sector, innovation-based economic development, recovery of tourism sector, promotion of hydropower sector and effective administrative service are other commitments of the budget. -- RSS </span></span></span></p> ', 'published' => true, 'created' => '2022-05-29', 'modified' => '2022-05-29', 'keywords' => '', 'description' => '', 'sortorder' => '15104', 'image' => '20220529071133_budget new.jpg', 'article_date' => '2022-05-29 19:10:54', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => null, 'user_id' => '34' ) ), (int) 4 => array( 'Article' => array( 'id' => '15361', 'article_category_id' => '1', 'title' => 'Senior Citizens to Receive Old-Age Allowance at 68 Years ', 'sub_title' => '', 'summary' => 'May 29: The government has decided to provide old-age allowance under its social security programme from senior citizens of 68 years of age from the new fiscal year. ', 'content' => '<p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"Arial Unicode MS","sans-serif"">May 29: The government has decided to provide old-age allowance under its social security programme from senior citizens of 68 years of age from the new fiscal year. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">According to the announcement made by Finance Minister Janardan Sharma while presenting the budget in a joint session of the parliament on Sunday, the provision of old age allowance has been amended to lower the age bar for the recipients. From now onwards, elderly citizens shall receive old-age allowance at 68 years instead of 70 years.</span></span></span></p> <p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"Arial Unicode MS","sans-serif"">The elderly citizens have been receiving monthly allowance of Rs 4,000 under the social security programme. </span></span></span></p> ', 'published' => true, 'created' => '2022-05-29', 'modified' => '2022-05-29', 'keywords' => '', 'description' => '', 'sortorder' => '15103', 'image' => '20220529070534_The-old-age-allowance.jpg', 'article_date' => '2022-05-29 19:04:34', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => null, 'user_id' => '34' ) ), (int) 5 => array( 'Article' => array( 'id' => '15360', 'article_category_id' => '1', 'title' => 'Government Allocates Rs 69.38 Billion for Health Sector ', 'sub_title' => '', 'summary' => 'May 29: The government has allocated Rs 69.38 billion budget for the health sector in the upcoming fiscal year.', 'content' => '<p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"Arial Unicode MS","sans-serif"">May 29: The government has allocated Rs 69.38 billion budget for the health sector in the upcoming fiscal year.</span></span></span></p> <p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"Arial Unicode MS","sans-serif"">Minister for Finance Janadran Sharma made such announcement while presenting the budget for the Fiscal Year 2022/23 in parliament on Sunday.</span></span></span></p> <p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"Arial Unicode MS","sans-serif"">The budget allocated for health sector in the upcoming fiscal year is less that the budget allocated in the current fiscal year by Rs 52 billion.</span></span></span></p> <p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"Arial Unicode MS","sans-serif"">Last year, the government had announced a budget of Rs 122 billion for the health sector for FY 2021/22 with focus on prevention and control of Covid-19 pandemic.</span></span></span></p> <p><br /> </p> ', 'published' => true, 'created' => '2022-05-29', 'modified' => '2022-05-29', 'keywords' => '', 'description' => '', 'sortorder' => '15102', 'image' => '20220529065428_585a7633ac880_reforma_zdravoohraneniya_2016_1200-9976.jpg', 'article_date' => '2022-05-29 18:53:45', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => null, 'user_id' => '34' ) ), (int) 6 => array( 'Article' => array( 'id' => '15359', 'article_category_id' => '1', 'title' => 'Government Increases Budget for Agriculture by Rs 10 Billion', 'sub_title' => '', 'summary' => 'May 29: The government has increased the budget for agriculture and livestock development in upcoming fiscal year by Rs 10 billion.', 'content' => '<p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif""><span style="font-size:16.0pt"><span style="font-family:"Arial","sans-serif"">May 29: The government has increased the budget for agriculture and livestock development in upcoming fiscal year by Rs 10 billion.</span></span></span></span></p> <p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif""><span style="font-size:16.0pt"><span style="font-family:"Arial","sans-serif"">As per the announcement made by Finance Minister Janardan Sharman while presenting the budget for the upcoming fiscal year in parliament on Sunday, the government has allocated a total of Rs 55.97 billion for this sector.</span></span></span></span></p> <p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif""><span style="font-size:16.0pt"><span style="font-family:"Arial","sans-serif"">The budget allocated for the agriculture and livestock sector in the current fiscal year is Rs 45.9 billion. </span></span></span></span></p> <p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif""><span style="font-size:16.0pt"><span style="font-family:"Arial","sans-serif"">The government had earlier made public its policies and programmess for the upcoming fiscal year with the aim of developing the agricultural sector, reviving the troubled economy and expanding the physical infrastructure.</span></span></span></span></p> <p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif""><span style="font-size:16.0pt"><span style="font-family:"Arial","sans-serif"">In order to achieve economic growth and sustainability through the combination of fiscal and monetary policies, the government has outlined agriculture, transport, energy, tourism and information technology as the drivers of economic growth. </span></span></span></span></p> <p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif""><span style="font-size:16.0pt"><span style="font-family:"Arial","sans-serif"">The government had also announced to formulate a new national agricultural policy for developing this sector as a major driving force.</span></span></span></span></p> ', 'published' => true, 'created' => '2022-05-29', 'modified' => '2022-05-29', 'keywords' => '', 'description' => '', 'sortorder' => '15101', 'image' => '20220529063444_agri maize.jpg', 'article_date' => '2022-05-29 18:33:35', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '34' ) ), (int) 7 => array( 'Article' => array( 'id' => '15358', 'article_category_id' => '1', 'title' => 'Government Announces Free Kidney Transplant Service', 'sub_title' => '', 'summary' => 'May 29: The government has announced free-of-cost kidney transplant facility for patients suffering from kidney failure.', '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"">May 29: The government has announced free-of-cost kidney transplant facility for patients suffering from kidney failure.</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"">Finance Minister Janardan Sharma made the announcement while presenting the budget for the upcoming fiscal year in parliament on Sunday. </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 government has also allocated Rs 200 million for all provincial hospitals to purchase dialysis machine. </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 finance minister, the government has allocated Rs 100 million to provide free-of-cost kidney transplant service for people from backward communities.</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"">It may be noted that former Health Minister Gagan Thapa had made arrangements for free dialysis during his tenure some years ago. Patients undergoing dialysis have to pay only a nominal fee for the service at government-run hospitals.</span></span></span></span></p> ', 'published' => true, 'created' => '2022-05-29', 'modified' => '2022-05-29', 'keywords' => '', 'description' => '', 'sortorder' => '15100', 'image' => '20220529053044_hospitaly-healthy.jpg', 'article_date' => '2022-05-29 17:30:07', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => null, 'user_id' => '34' ) ), (int) 8 => array( 'Article' => array( 'id' => '15357', 'article_category_id' => '1', 'title' => 'Government Allocates Rs 9.38 Billion for Tourism Sector', 'sub_title' => '', 'summary' => 'May 29: The government has allocated Rs 9.38 billion for the tourism sector in the budget for the upcoming fiscal year.', '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"">May 29: The government has allocated Rs 9.38 billion for the tourism sector in the budget for the upcoming fiscal 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"">Finance Minister Janardan Sharma made such announcement while presenting the budget in the federal parliament on Sunday.</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 constitution has a provision for announcing budget every year on the Republic Day (May 29) one and a half months before the new fiscal 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"">It may be noted that the tourism sector was the most affected by the Covid-19 pandemic for almost two years. Lately, this sector had shown some improvements with the increase in arrival of tourists.</span></span></span></span></p> <p> </p> <p> </p> ', 'published' => true, 'created' => '2022-05-29', 'modified' => '2022-05-29', 'keywords' => '', 'description' => '', 'sortorder' => '15099', 'image' => '20220529052058_Tourist.jpg', 'article_date' => '2022-05-29 17:20:21', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => null, 'user_id' => '34' ) ), (int) 9 => array( 'Article' => array( 'id' => '15356', 'article_category_id' => '1', 'title' => 'Government to Honour Private Sector for Attracting Foreign Investment', 'sub_title' => '', 'summary' => 'May 29: The government has pledged to honour the private sector stakeholders who facilitate in bringing foreign investment into the country.', '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"">May 29: The government has pledged to honour the private sector stakeholders who facilitate in bringing foreign investment into the country.</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"">Minister for Finance Janardan Sharma made such announcement while presenting the budget for the upcoming fiscal year during a joint session of parliament on Sunday. </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 said that the government announced such provision to encourage foreign investment. </span></span></span></span></p> <p> </p> ', 'published' => true, 'created' => '2022-05-29', 'modified' => '2022-05-29', 'keywords' => '', 'description' => '', 'sortorder' => '15098', 'image' => '20220529051410_Foreign investment.jpg', 'article_date' => '2022-05-29 17:13:29', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => null, 'user_id' => '34' ) ), (int) 10 => array( 'Article' => array( 'id' => '15355', 'article_category_id' => '1', 'title' => 'Government Presents Budget in Parliament ', 'sub_title' => '', 'summary' => 'May 29: The government’s estimate of income and expenditure for the upcoming fiscal year 2079-80 BS (2022-23) has been presented in the House. ', 'content' => '<p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"Arial Unicode MS","sans-serif"">May 29: The government’s estimate of income and expenditure for the upcoming fiscal year 2079-80 BS (2022-23) has been presented in the House. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">Minister for Finance Janardan Sharma is now presenting the budget before a joint session of the Federal Parliament. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">Prior to this, Speaker Agni Prasad Sapkota granted permission to the Minister to present the budget before the House that at 4:00 pm today. The budget was endorsed by the Council of Minister before its presentation in the House. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">It may be noted that President Bidya Devi Bhandari had presented the government’s new policies and programmes for the upcoming fiscal year in the joint session of the House on May 24 and they were passed by the House of Representatives on Saturday. </span></span></span></p> <p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"Arial Unicode MS","sans-serif"">The government generally announces the budget based on its policies and programmes for the given time. The government had also unveiled the Economic Survey on Saturday. -- RSS </span></span></span></p> ', 'published' => true, 'created' => '2022-05-29', 'modified' => '2022-05-29', 'keywords' => '', 'description' => '', 'sortorder' => '15097', 'image' => '20220529045445_ROS_4306.JPG', 'article_date' => '2022-05-29 16:54:06', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => null, 'user_id' => '34' ) ), (int) 11 => array( 'Article' => array( 'id' => '15354', 'article_category_id' => '1', 'title' => 'Search for ‘Missing’ Plane Continues: CAAN ', 'sub_title' => '', 'summary' => 'May 29: Authorities have intensified search for the missing Twin Otter aircraft of Tara Air with call sign ‘9 NAET’ that lost contact with the air control tower while en route to Jomsom of Mustang from Pokhara, Kaski this morning. ', 'content' => '<p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"Arial Unicode MS","sans-serif"">May 29: Authorities have intensified search for the missing Twin Otter aircraft of Tara Air with call sign ‘9 NAET’ that lost contact with the air control tower while en route to Jomsom of Mustang from Pokhara, Kaski this morning. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">According to the Search and Rescue Coordination Center of the Civil Aviation Authority of Nepal (CAAN), the plane that had left Pokhara for Jomsom at 9:55 am had lost contact with the Jomsom Tower at 10:07. The plane had last reported from Ghodepani. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">According to the center, a helicopter of Fishtail Air was sent to the site for the search operation but the effort was aborted due to adverse weather, which forced the chopper to fly back to Jomsom. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">The centre informed that helicopters are on standby in Kathmandu, Pokhara and Jomsom airports for the search efforts and the aerial search for the plane will be resumed once the weather permits. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">Separate squads of the Nepalse Army and the Nepal Police have already left for the site to undertake the search efforts. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif""> A total of 22 people including 13 Nepalis, four Indians and two Germans and three crew members were onboard the plane. -- RSS </span></span></span></p> ', 'published' => true, 'created' => '2022-05-29', 'modified' => '2022-05-29', 'keywords' => '', 'description' => '', 'sortorder' => '15096', 'image' => '20220529044837_IMG_20170214_063210-2-scaled.jpg', 'article_date' => '2022-05-29 16:47:57', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => null, 'user_id' => '34' ) ), (int) 12 => array( 'Article' => array( 'id' => '15353', 'article_category_id' => '1', 'title' => 'Government Negligent Towards Supply of Fertilizers', 'sub_title' => '', 'summary' => 'May 29: According to the latest estimates of the Central Statistics Office, the contribution of the agriculture sector to the country's GDP is 23.95 per cent. ', 'content' => '<p><span style="font-family:Arial,Helvetica,sans-serif"><span style="font-size:18px">May 29: According to the latest estimates of the Central Statistics Office, the contribution of the agriculture sector to the country's GDP is 23.95 per cent. Agriculture is also the main source of livelihood for more than half of the country’s population. However, the government has been highly negligent regarding the supply of chemical fertilizers which is very essential for agriculture. Due to this, farmers have been facing shortage of fertilizer every year during the season of planting major crops like paddy, maize and wheat.</span></span></p> <p><span style="font-family:Arial,Helvetica,sans-serif"><span style="font-size:18px">This year, the paddy-planting season is around a month away. However, they are not getting essential chemical fertilizers for paddy.</span></span></p> <p><span style="font-family:Arial,Helvetica,sans-serif"><span style="font-size:18px">Each year, the government has failed to provide fertilizers to the farmers on time.</span></span></p> <p><span style="font-family:Arial,Helvetica,sans-serif"><span style="font-size:18px">It is clearly evident that the government has failed in the management of chemical fertilizers this year as well. However, the government has not stopped repeating its assurance of providing fertilizer on time.</span></span></p> <p><span style="font-family:Arial,Helvetica,sans-serif"><span style="font-size:18px">At a program organized by the Association of Nepali Agricultural Journalists on Friday, Minister for Agriculture and Livestock Development Mahindra Raya Yadav claimed that farmers would get fertilizer by July at any cost. However, the government does not seem to have made proper preparations to supply fertilizer.</span></span></p> <p><span style="font-family:Arial,Helvetica,sans-serif"><span style="font-size:18px">The Agricultural Inputs Company Limited, the state-owned company responsible for supplying chemical fertilizers, has only 15,000 metric tons of DAP in stock. Officials of the company say that they are preparing to import 40,000 metric tons of DAP.</span></span></p> <p><span style="font-family:Arial,Helvetica,sans-serif"><span style="font-size:18px">The company claims that the first 20,000 tons of fertilizer brought through global tender will take months to arrive in Nepal, and another 20,000 tons will arrive by the first week of July.</span></span></p> <p><span style="font-family:Arial,Helvetica,sans-serif"><span style="font-size:18px">The company's current stock of 560 metric tons of urea is supplied to only eight districts. There is a scarcity of fertilizer all over the country. Around 60,000 tons of urea to be imported in the first phase from India through G2G process has not been finalized yet</span></span></p> <p><span style="font-family:Arial,Helvetica,sans-serif"><span style="font-size:18px">Acting Managing Director of the Agriculture Inputs Company Limited Rajendra Bahadur Karki, said that preparations are being made to bring urea through the fast track but India is closing the Haldia port for 11 to 45 days from next July. Stakeholders say that this has ruled out the possibility of importing fertilizer under the G2G model.</span></span></p> <p><span style="font-family:Arial,Helvetica,sans-serif"><span style="font-size:18px">Meanwhile, the Salt Trading Corporation, another company in charge of importing and selling government-subsidized fertilizer, also does not have sufficient stock of chemical fertilizers.</span></span></p> <p><span style="font-family:Arial,Helvetica,sans-serif"><span style="font-size:18px">The government and its subordinate bodies responsible for importing fertilizers have been blaming the Russia-Ukraine war for the delay in supply of fertilizers. However, stakeholders claim that the lack of preparation on part of the government is to blame for the inordinate delay in supply of fertilizers.</span></span></p> <p><span style="font-family:Arial,Helvetica,sans-serif"><span style="font-size:18px">One of the stakeholders Chandrakant Dallakoti is not ready to buy the government’s claim of war for the inordinate delay.</span></span></p> <p><span style="font-family:Arial,Helvetica,sans-serif"><span style="font-size:18px">“If the government had failed to supply fertilizer on time this year, we would have believed that it was due to the Russia-Ukraine war. But the government has been failing to supply fertilizers on time since many years,” said Dallakoti, adding, “The government is well aware that we need fertilizer in July. The government must make preparations since winter. But the farmers have always been troubled due to inadequate preparations of the government.”</span></span></p> ', 'published' => true, 'created' => '2022-05-29', 'modified' => '2022-05-29', 'keywords' => '', 'description' => '', 'sortorder' => '15095', 'image' => '20220529012218_Fertilizer.jpg', 'article_date' => '2022-05-29 13:21:07', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => null, 'user_id' => '34' ) ), (int) 13 => array( 'Article' => array( 'id' => '15352', 'article_category_id' => '1', 'title' => 'Government to Present Annual Budget in Parliament Today', 'sub_title' => '', 'summary' => 'May 29: The government is all set to present the annual budget for the upcoming fiscal year in parliament today (May 29).', 'content' => '<p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"Arial Unicode MS","sans-serif"">May 29: The government is all set to present the annual budget for the upcoming fiscal year in parliament today (May 29). </span></span></span></p> <p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"Arial Unicode MS","sans-serif"">Finance Minister Janardan Sharma will present the annual budget for the Fiscal Year 2022/23 during the joint meeting of federal parliament at 4 pm today afternoon. </span></span></span></p> <p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"Arial Unicode MS","sans-serif"">The constitution has a provision of presenting the budget in the federal parliament on the Republic Day, which falls on May 29 this year.</span></span></span></p> <p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"Arial Unicode MS","sans-serif"">All the members of parliament have been urged to be present at the parliament building before 3:45 pm today afternoon. </span></span></span></p> <p> </p> ', 'published' => true, 'created' => '2022-05-29', 'modified' => '2022-05-29', 'keywords' => '', 'description' => '', 'sortorder' => '15094', 'image' => '20220529080257_20220518080411_20210501025837_11.jpg', 'article_date' => '2022-05-29 08:02:19', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => null, 'user_id' => '34' ) ), (int) 14 => array( 'Article' => array( 'id' => '15351', 'article_category_id' => '1', 'title' => 'Finance Minister Tables Economic Survey-2021/022 ', 'sub_title' => '', 'summary' => 'May 29: Minister for Finance Janardan Sharma tabled the Economic Survey-2021/022 in House of Representatives (HoR) meeting on Saturday. ', 'content' => '<p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"Arial Unicode MS","sans-serif"">May 29: Minister for Finance Janardan Sharma tabled the Economic Survey-2021/022 in House of Representatives (HoR) meeting on Saturday. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">The Economic Survey includes the economic details of the country in the first nine months of the current fiscal year. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">The government tables the economic survey in the Federal Parliament some days before tabling the annual budget. As per the constitutional provision, the government tables the annual budget on the Republic Day on Jestha 15, which falls on May 29 (today) this year. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">As stated in the Economic Survey, a total of 621 megawatts of hydroelectricity including 456 megawatt from the Upper Tamakoshi Hydropower Project has been linked to the national transmission line till the first nine months of the current fiscal year. The government has a target to link 1,629 megawatt of power to the national grid. -- RSS </span><br /> <br /> </span></span></p> ', 'published' => true, 'created' => '2022-05-29', 'modified' => '2022-05-29', 'keywords' => '', 'description' => '', 'sortorder' => '15093', 'image' => '20220529080217_14523.jpg', 'article_date' => '2022-05-29 08:01:34', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => null, 'user_id' => '34' ) ) ) $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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', 'content' => '<p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"Arial Unicode MS","sans-serif"">May 30: A twin-otter plane of Tara Air that went out of contact sine Sunday morning while flying to Jomsom from Pokhara has been found in a wretched condition at the bottom of Manapathi mountain near Lete of Mustang district. </span></span></span></p> <p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"Arial Unicode MS","sans-serif"">According to the state-owned national news agency RSS, the plane with 22 people on board including three crew members was found at Patake Lake in Sanosora of Thasang Rural Municipality, ward-2 of Mustang this morning (May 30). </span></span></span></p> <p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"Arial Unicode MS","sans-serif"">Chairperson of Thasang Rural Municipality Pradeep Gauchan told RSS that Sumit Gauchan, a local of Lete, and other yarsa gumba pickers had sent a photo showing wretched condition of the crashed plane. </span></span></span></p> <p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"Arial Unicode MS","sans-serif"">However, the government is yet to confirm this officially. After plane parts were seen broken at the bottom of Manapathi Mountain from a distant area, the security personnel and locals had set out to the direction early this morning, chairperson Gauchan added. </span></span></span></p> <p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"Arial Unicode MS","sans-serif"">Meanwhile, Nepalese Army Spokesperson Brigadier General Narayan Silwal posted a photo of the crash site taken from a helicopter on Twitter on Monday morning confirming that the plane had crashed. </span></span></span></p> <p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"Arial Unicode MS","sans-serif"">The Army spokesperson confirmed Sanosware of Thasang-2, Mustang as the crash site through his official Twitter handle. </span></span></span></p> <p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"Arial Unicode MS","sans-serif"">The airline company said in a statement on Monday that the wreckage of the missing plane waas found at an altitude of 14,500 feet. According to the company, the search and rescue teams have now reached the accident site. The company did not announce the fate of the passengers and crew members who are believed to have died in the crash.</span></span></span></p> <p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"Arial Unicode MS","sans-serif"">The plane was carrying 19 passengers including four Indians, two Germans ,13 Nepalis and three crew members.</span></span></span></p> <p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"Arial Unicode MS","sans-serif"">The plane that flew from Pokhara to Jomsom at 9:55 on Sunday morning went out of contact after 10:11 am. </span></span></span></p> <p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"Arial Unicode MS","sans-serif"">According to media reports, the aircraft with call sign 9N-AET has been in operation since the last 43 years. </span></span></span></p> <p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"Arial Unicode MS","sans-serif"">Flight-tracking website Flightradar24 said the aircraft, with registration number 9N-AET, made its first flight in April 1979, Reuters reported.</span></span></span></p> <p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"Arial Unicode MS","sans-serif"">“Nepal, home to eight of the world's 14 highest mountains, including Everest, has a record of air accidents. Its weather can change suddenly and airstrips are typically located in mountainous areas that are hard to reach,” the news agency further reported.</span></span></span></p> <p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"Arial Unicode MS","sans-serif"">Besides the terrain and adverse weather, experts have often blamed the poor condition of aircraft as one of the major causes of air crashes. However, it is said that the reports prepared after investigation following such accidents often blame human error as the cause of accident.</span></span></span></p> ', 'published' => true, 'created' => '2022-05-30', 'modified' => '2022-05-30', 'keywords' => '', 'description' => '', 'sortorder' => '15107', 'image' => '20220530102717_tara.jpg', 'article_date' => '2022-05-30 10:25:34', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '34' ) ), (int) 1 => array( 'Article' => array( 'id' => '15364', 'article_category_id' => '1', 'title' => 'Government Unveils Annual Budget of Rs 1.79 Trillion for FY 2022/23', 'sub_title' => 'Current expenditure of the government accounts for 42 percent of the total budget', 'summary' => 'May 30: The government has announced a new budget of Rs 1793.83 billion for the upcoming fiscal year (FY 2022/023).', 'content' => '<p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"Arial Unicode MS","sans-serif"">May 30: The government has announced a new budget of Rs 1793.83 billion for the upcoming fiscal year (FY 2022/023). </span></span></span></p> <p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"Arial Unicode MS","sans-serif"">Presenting the annual budget during a meeting of the Federal Parliament on Sunday (May 29), Finance Minister Janardan Sharma said Rs 753.4 billion has been allocated for the current expenditure and Rs 380.38 billion for the capital expenditure. </span></span></span></p> <p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"Arial Unicode MS","sans-serif"">The current expenditure of the government accounts for 42 percent of the total budget while the capital expenditure is 21.2 percent of the budget.</span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">Likewise, Rs 230.22 billion has been allocated for the fiscal management which is 12.8 percent of the total budget, the finance minister said.</span></span></span></p> <p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"Arial Unicode MS","sans-serif"">A total of Rs 429.83 billion or 24 percent of the budget has been arranged for fiscal grant handover to the provincial and local governments. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">According to the Finance Minister, Rs 1240.11 billion would be raised through revenue collection while the government is expecting to receive Rs 55.46 billion as foreign grants. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">Likewise, the government plans to collect Rs 242.26 billion from foreign loans and Rs 256 billion would be managed from the domestic debt. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">The government had announced a budget of Rs 1647.57 billion for the current fiscal year. (With inputs from RSS) </span></span></span><br /> </p> ', 'published' => true, 'created' => '2022-05-30', 'modified' => '2022-05-30', 'keywords' => '', 'description' => '', 'sortorder' => '15106', 'image' => '20220530081206_ROS_KTM_IMGL4220.jpg', 'article_date' => '2022-05-30 08:11:24', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '34' ) ), (int) 2 => array( 'Article' => array( 'id' => '15363', 'article_category_id' => '1', 'title' => 'Private Sector Welcomes Budget', 'sub_title' => '', 'summary' => 'May 30: The private sector has welcomed with the budget announced by the government on Sunday. ', 'content' => '<p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"Arial Unicode MS","sans-serif"">May 30: The private sector has welcomed with the budget announced by the government on Sunday. The businesspersons and entrepreneurs have urged the government to effectively implement the budget which they claim is 'encouraging'. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">President of the Federation of Nepalese Chambers of Commerce and Industries (FNCCI) Sekhar Golchha said various issues were incorporated in the budget and it was encouraging. He observed that subsidy in export, focus on production and due address on agriculture sector are positive sides of the budget. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">Similarly, Chairperson of Nepal Chamber of Commerce (NCC) Rajendra Malla also hailed the budget and stressed that the government must implement it effectively. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">Chairperson of the Confederation of Nepalese Industries (CNI) Bishnu Kumar Agrawal said promotion of manufacturing industries, review of land ceiling for industries, grant in export and discount on electricity tariff to export industries were encouraging. </span></span></span><br /> </p> ', 'published' => true, 'created' => '2022-05-30', 'modified' => '2022-05-30', 'keywords' => '', 'description' => '', 'sortorder' => '15105', 'image' => '20220530081122_fncci_cni_ncc_gLJ2hpzNGC.jpg', 'article_date' => '2022-05-30 08:10:39', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => null, 'user_id' => '34' ) ), (int) 3 => array( 'Article' => array( 'id' => '15362', 'article_category_id' => '1', 'title' => 'Finance Minister Pledges Paradigm Shift through Budget ', 'sub_title' => '', 'summary' => 'May 29: Finance Minister Janardan Sharma has said the budget for the upcoming fiscal year (FY 2022-23) is a take-off point towards production-oriented economy from an import-based one. ', 'content' => '<p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"Arial Unicode MS","sans-serif"">May 29: Finance Minister Janardan Sharma has said the budget for the upcoming fiscal year (FY 2022-23) is a take-off point towards production-oriented economy from an import-based one. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">While announcing the budget in the joint session of the Federal Parliament on Sunday, the Finance Minister said the nation's economy was on the path of recovery after COVID-19 crisis and the revenue collection in the current fiscal year was satisfactory. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">According to the finance minister, poverty alleviation and maximum utilization of available natural assets and capital mobilization to create jobs are the priorities of the budget that focused on promoting production-based economy.</span></span></span></p> <p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"Arial Unicode MS","sans-serif"">“Agriculture, tourism, industry and energy are the special priorities of the budget,” said Minister Sharma. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">Through the budget, the government targets to minimize the imports of grains such as rice, maize and wheat by 30 percent. In addition to this, it plans to establish 100 food warehouses across the country and implement the ‘farmers’ pension programme’. The government has decided to allocate the budget of Rs 1 billion for the seed capital under this programme. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">Enhancement of fiscal discipline, transformation of agricultural sector, innovation-based economic development, recovery of tourism sector, promotion of hydropower sector and effective administrative service are other commitments of the budget. -- RSS </span></span></span></p> ', 'published' => true, 'created' => '2022-05-29', 'modified' => '2022-05-29', 'keywords' => '', 'description' => '', 'sortorder' => '15104', 'image' => '20220529071133_budget new.jpg', 'article_date' => '2022-05-29 19:10:54', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => null, 'user_id' => '34' ) ), (int) 4 => array( 'Article' => array( 'id' => '15361', 'article_category_id' => '1', 'title' => 'Senior Citizens to Receive Old-Age Allowance at 68 Years ', 'sub_title' => '', 'summary' => 'May 29: The government has decided to provide old-age allowance under its social security programme from senior citizens of 68 years of age from the new fiscal year. ', 'content' => '<p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"Arial Unicode MS","sans-serif"">May 29: The government has decided to provide old-age allowance under its social security programme from senior citizens of 68 years of age from the new fiscal year. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">According to the announcement made by Finance Minister Janardan Sharma while presenting the budget in a joint session of the parliament on Sunday, the provision of old age allowance has been amended to lower the age bar for the recipients. From now onwards, elderly citizens shall receive old-age allowance at 68 years instead of 70 years.</span></span></span></p> <p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"Arial Unicode MS","sans-serif"">The elderly citizens have been receiving monthly allowance of Rs 4,000 under the social security programme. </span></span></span></p> ', 'published' => true, 'created' => '2022-05-29', 'modified' => '2022-05-29', 'keywords' => '', 'description' => '', 'sortorder' => '15103', 'image' => '20220529070534_The-old-age-allowance.jpg', 'article_date' => '2022-05-29 19:04:34', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => null, 'user_id' => '34' ) ), (int) 5 => array( 'Article' => array( 'id' => '15360', 'article_category_id' => '1', 'title' => 'Government Allocates Rs 69.38 Billion for Health Sector ', 'sub_title' => '', 'summary' => 'May 29: The government has allocated Rs 69.38 billion budget for the health sector in the upcoming fiscal year.', 'content' => '<p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"Arial Unicode MS","sans-serif"">May 29: The government has allocated Rs 69.38 billion budget for the health sector in the upcoming fiscal year.</span></span></span></p> <p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"Arial Unicode MS","sans-serif"">Minister for Finance Janadran Sharma made such announcement while presenting the budget for the Fiscal Year 2022/23 in parliament on Sunday.</span></span></span></p> <p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"Arial Unicode MS","sans-serif"">The budget allocated for health sector in the upcoming fiscal year is less that the budget allocated in the current fiscal year by Rs 52 billion.</span></span></span></p> <p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"Arial Unicode MS","sans-serif"">Last year, the government had announced a budget of Rs 122 billion for the health sector for FY 2021/22 with focus on prevention and control of Covid-19 pandemic.</span></span></span></p> <p><br /> </p> ', 'published' => true, 'created' => '2022-05-29', 'modified' => '2022-05-29', 'keywords' => '', 'description' => '', 'sortorder' => '15102', 'image' => '20220529065428_585a7633ac880_reforma_zdravoohraneniya_2016_1200-9976.jpg', 'article_date' => '2022-05-29 18:53:45', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => null, 'user_id' => '34' ) ), (int) 6 => array( 'Article' => array( 'id' => '15359', 'article_category_id' => '1', 'title' => 'Government Increases Budget for Agriculture by Rs 10 Billion', 'sub_title' => '', 'summary' => 'May 29: The government has increased the budget for agriculture and livestock development in upcoming fiscal year by Rs 10 billion.', 'content' => '<p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif""><span style="font-size:16.0pt"><span style="font-family:"Arial","sans-serif"">May 29: The government has increased the budget for agriculture and livestock development in upcoming fiscal year by Rs 10 billion.</span></span></span></span></p> <p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif""><span style="font-size:16.0pt"><span style="font-family:"Arial","sans-serif"">As per the announcement made by Finance Minister Janardan Sharman while presenting the budget for the upcoming fiscal year in parliament on Sunday, the government has allocated a total of Rs 55.97 billion for this sector.</span></span></span></span></p> <p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif""><span style="font-size:16.0pt"><span style="font-family:"Arial","sans-serif"">The budget allocated for the agriculture and livestock sector in the current fiscal year is Rs 45.9 billion. </span></span></span></span></p> <p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif""><span style="font-size:16.0pt"><span style="font-family:"Arial","sans-serif"">The government had earlier made public its policies and programmess for the upcoming fiscal year with the aim of developing the agricultural sector, reviving the troubled economy and expanding the physical infrastructure.</span></span></span></span></p> <p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif""><span style="font-size:16.0pt"><span style="font-family:"Arial","sans-serif"">In order to achieve economic growth and sustainability through the combination of fiscal and monetary policies, the government has outlined agriculture, transport, energy, tourism and information technology as the drivers of economic growth. </span></span></span></span></p> <p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif""><span style="font-size:16.0pt"><span style="font-family:"Arial","sans-serif"">The government had also announced to formulate a new national agricultural policy for developing this sector as a major driving force.</span></span></span></span></p> ', 'published' => true, 'created' => '2022-05-29', 'modified' => '2022-05-29', 'keywords' => '', 'description' => '', 'sortorder' => '15101', 'image' => '20220529063444_agri maize.jpg', 'article_date' => '2022-05-29 18:33:35', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '34' ) ), (int) 7 => array( 'Article' => array( 'id' => '15358', 'article_category_id' => '1', 'title' => 'Government Announces Free Kidney Transplant Service', 'sub_title' => '', 'summary' => 'May 29: The government has announced free-of-cost kidney transplant facility for patients suffering from kidney failure.', '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"">May 29: The government has announced free-of-cost kidney transplant facility for patients suffering from kidney failure.</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"">Finance Minister Janardan Sharma made the announcement while presenting the budget for the upcoming fiscal year in parliament on Sunday. </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 government has also allocated Rs 200 million for all provincial hospitals to purchase dialysis machine. </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 finance minister, the government has allocated Rs 100 million to provide free-of-cost kidney transplant service for people from backward communities.</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"">It may be noted that former Health Minister Gagan Thapa had made arrangements for free dialysis during his tenure some years ago. Patients undergoing dialysis have to pay only a nominal fee for the service at government-run hospitals.</span></span></span></span></p> ', 'published' => true, 'created' => '2022-05-29', 'modified' => '2022-05-29', 'keywords' => '', 'description' => '', 'sortorder' => '15100', 'image' => '20220529053044_hospitaly-healthy.jpg', 'article_date' => '2022-05-29 17:30:07', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => null, 'user_id' => '34' ) ), (int) 8 => array( 'Article' => array( 'id' => '15357', 'article_category_id' => '1', 'title' => 'Government Allocates Rs 9.38 Billion for Tourism Sector', 'sub_title' => '', 'summary' => 'May 29: The government has allocated Rs 9.38 billion for the tourism sector in the budget for the upcoming fiscal year.', '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"">May 29: The government has allocated Rs 9.38 billion for the tourism sector in the budget for the upcoming fiscal 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"">Finance Minister Janardan Sharma made such announcement while presenting the budget in the federal parliament on Sunday.</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 constitution has a provision for announcing budget every year on the Republic Day (May 29) one and a half months before the new fiscal 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"">It may be noted that the tourism sector was the most affected by the Covid-19 pandemic for almost two years. Lately, this sector had shown some improvements with the increase in arrival of tourists.</span></span></span></span></p> <p> </p> <p> </p> ', 'published' => true, 'created' => '2022-05-29', 'modified' => '2022-05-29', 'keywords' => '', 'description' => '', 'sortorder' => '15099', 'image' => '20220529052058_Tourist.jpg', 'article_date' => '2022-05-29 17:20:21', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => null, 'user_id' => '34' ) ), (int) 9 => array( 'Article' => array( 'id' => '15356', 'article_category_id' => '1', 'title' => 'Government to Honour Private Sector for Attracting Foreign Investment', 'sub_title' => '', 'summary' => 'May 29: The government has pledged to honour the private sector stakeholders who facilitate in bringing foreign investment into the country.', '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"">May 29: The government has pledged to honour the private sector stakeholders who facilitate in bringing foreign investment into the country.</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"">Minister for Finance Janardan Sharma made such announcement while presenting the budget for the upcoming fiscal year during a joint session of parliament on Sunday. </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 said that the government announced such provision to encourage foreign investment. </span></span></span></span></p> <p> </p> ', 'published' => true, 'created' => '2022-05-29', 'modified' => '2022-05-29', 'keywords' => '', 'description' => '', 'sortorder' => '15098', 'image' => '20220529051410_Foreign investment.jpg', 'article_date' => '2022-05-29 17:13:29', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => null, 'user_id' => '34' ) ), (int) 10 => array( 'Article' => array( 'id' => '15355', 'article_category_id' => '1', 'title' => 'Government Presents Budget in Parliament ', 'sub_title' => '', 'summary' => 'May 29: The government’s estimate of income and expenditure for the upcoming fiscal year 2079-80 BS (2022-23) has been presented in the House. ', 'content' => '<p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"Arial Unicode MS","sans-serif"">May 29: The government’s estimate of income and expenditure for the upcoming fiscal year 2079-80 BS (2022-23) has been presented in the House. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">Minister for Finance Janardan Sharma is now presenting the budget before a joint session of the Federal Parliament. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">Prior to this, Speaker Agni Prasad Sapkota granted permission to the Minister to present the budget before the House that at 4:00 pm today. The budget was endorsed by the Council of Minister before its presentation in the House. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">It may be noted that President Bidya Devi Bhandari had presented the government’s new policies and programmes for the upcoming fiscal year in the joint session of the House on May 24 and they were passed by the House of Representatives on Saturday. </span></span></span></p> <p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"Arial Unicode MS","sans-serif"">The government generally announces the budget based on its policies and programmes for the given time. The government had also unveiled the Economic Survey on Saturday. -- RSS </span></span></span></p> ', 'published' => true, 'created' => '2022-05-29', 'modified' => '2022-05-29', 'keywords' => '', 'description' => '', 'sortorder' => '15097', 'image' => '20220529045445_ROS_4306.JPG', 'article_date' => '2022-05-29 16:54:06', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => null, 'user_id' => '34' ) ), (int) 11 => array( 'Article' => array( 'id' => '15354', 'article_category_id' => '1', 'title' => 'Search for ‘Missing’ Plane Continues: CAAN ', 'sub_title' => '', 'summary' => 'May 29: Authorities have intensified search for the missing Twin Otter aircraft of Tara Air with call sign ‘9 NAET’ that lost contact with the air control tower while en route to Jomsom of Mustang from Pokhara, Kaski this morning. ', 'content' => '<p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"Arial Unicode MS","sans-serif"">May 29: Authorities have intensified search for the missing Twin Otter aircraft of Tara Air with call sign ‘9 NAET’ that lost contact with the air control tower while en route to Jomsom of Mustang from Pokhara, Kaski this morning. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">According to the Search and Rescue Coordination Center of the Civil Aviation Authority of Nepal (CAAN), the plane that had left Pokhara for Jomsom at 9:55 am had lost contact with the Jomsom Tower at 10:07. The plane had last reported from Ghodepani. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">According to the center, a helicopter of Fishtail Air was sent to the site for the search operation but the effort was aborted due to adverse weather, which forced the chopper to fly back to Jomsom. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">The centre informed that helicopters are on standby in Kathmandu, Pokhara and Jomsom airports for the search efforts and the aerial search for the plane will be resumed once the weather permits. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">Separate squads of the Nepalse Army and the Nepal Police have already left for the site to undertake the search efforts. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif""> A total of 22 people including 13 Nepalis, four Indians and two Germans and three crew members were onboard the plane. -- RSS </span></span></span></p> ', 'published' => true, 'created' => '2022-05-29', 'modified' => '2022-05-29', 'keywords' => '', 'description' => '', 'sortorder' => '15096', 'image' => '20220529044837_IMG_20170214_063210-2-scaled.jpg', 'article_date' => '2022-05-29 16:47:57', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => null, 'user_id' => '34' ) ), (int) 12 => array( 'Article' => array( 'id' => '15353', 'article_category_id' => '1', 'title' => 'Government Negligent Towards Supply of Fertilizers', 'sub_title' => '', 'summary' => 'May 29: According to the latest estimates of the Central Statistics Office, the contribution of the agriculture sector to the country's GDP is 23.95 per cent. ', 'content' => '<p><span style="font-family:Arial,Helvetica,sans-serif"><span style="font-size:18px">May 29: According to the latest estimates of the Central Statistics Office, the contribution of the agriculture sector to the country's GDP is 23.95 per cent. Agriculture is also the main source of livelihood for more than half of the country’s population. However, the government has been highly negligent regarding the supply of chemical fertilizers which is very essential for agriculture. Due to this, farmers have been facing shortage of fertilizer every year during the season of planting major crops like paddy, maize and wheat.</span></span></p> <p><span style="font-family:Arial,Helvetica,sans-serif"><span style="font-size:18px">This year, the paddy-planting season is around a month away. However, they are not getting essential chemical fertilizers for paddy.</span></span></p> <p><span style="font-family:Arial,Helvetica,sans-serif"><span style="font-size:18px">Each year, the government has failed to provide fertilizers to the farmers on time.</span></span></p> <p><span style="font-family:Arial,Helvetica,sans-serif"><span style="font-size:18px">It is clearly evident that the government has failed in the management of chemical fertilizers this year as well. However, the government has not stopped repeating its assurance of providing fertilizer on time.</span></span></p> <p><span style="font-family:Arial,Helvetica,sans-serif"><span style="font-size:18px">At a program organized by the Association of Nepali Agricultural Journalists on Friday, Minister for Agriculture and Livestock Development Mahindra Raya Yadav claimed that farmers would get fertilizer by July at any cost. However, the government does not seem to have made proper preparations to supply fertilizer.</span></span></p> <p><span style="font-family:Arial,Helvetica,sans-serif"><span style="font-size:18px">The Agricultural Inputs Company Limited, the state-owned company responsible for supplying chemical fertilizers, has only 15,000 metric tons of DAP in stock. Officials of the company say that they are preparing to import 40,000 metric tons of DAP.</span></span></p> <p><span style="font-family:Arial,Helvetica,sans-serif"><span style="font-size:18px">The company claims that the first 20,000 tons of fertilizer brought through global tender will take months to arrive in Nepal, and another 20,000 tons will arrive by the first week of July.</span></span></p> <p><span style="font-family:Arial,Helvetica,sans-serif"><span style="font-size:18px">The company's current stock of 560 metric tons of urea is supplied to only eight districts. There is a scarcity of fertilizer all over the country. Around 60,000 tons of urea to be imported in the first phase from India through G2G process has not been finalized yet</span></span></p> <p><span style="font-family:Arial,Helvetica,sans-serif"><span style="font-size:18px">Acting Managing Director of the Agriculture Inputs Company Limited Rajendra Bahadur Karki, said that preparations are being made to bring urea through the fast track but India is closing the Haldia port for 11 to 45 days from next July. Stakeholders say that this has ruled out the possibility of importing fertilizer under the G2G model.</span></span></p> <p><span style="font-family:Arial,Helvetica,sans-serif"><span style="font-size:18px">Meanwhile, the Salt Trading Corporation, another company in charge of importing and selling government-subsidized fertilizer, also does not have sufficient stock of chemical fertilizers.</span></span></p> <p><span style="font-family:Arial,Helvetica,sans-serif"><span style="font-size:18px">The government and its subordinate bodies responsible for importing fertilizers have been blaming the Russia-Ukraine war for the delay in supply of fertilizers. However, stakeholders claim that the lack of preparation on part of the government is to blame for the inordinate delay in supply of fertilizers.</span></span></p> <p><span style="font-family:Arial,Helvetica,sans-serif"><span style="font-size:18px">One of the stakeholders Chandrakant Dallakoti is not ready to buy the government’s claim of war for the inordinate delay.</span></span></p> <p><span style="font-family:Arial,Helvetica,sans-serif"><span style="font-size:18px">“If the government had failed to supply fertilizer on time this year, we would have believed that it was due to the Russia-Ukraine war. But the government has been failing to supply fertilizers on time since many years,” said Dallakoti, adding, “The government is well aware that we need fertilizer in July. The government must make preparations since winter. But the farmers have always been troubled due to inadequate preparations of the government.”</span></span></p> ', 'published' => true, 'created' => '2022-05-29', 'modified' => '2022-05-29', 'keywords' => '', 'description' => '', 'sortorder' => '15095', 'image' => '20220529012218_Fertilizer.jpg', 'article_date' => '2022-05-29 13:21:07', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => null, 'user_id' => '34' ) ), (int) 13 => array( 'Article' => array( 'id' => '15352', 'article_category_id' => '1', 'title' => 'Government to Present Annual Budget in Parliament Today', 'sub_title' => '', 'summary' => 'May 29: The government is all set to present the annual budget for the upcoming fiscal year in parliament today (May 29).', 'content' => '<p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"Arial Unicode MS","sans-serif"">May 29: The government is all set to present the annual budget for the upcoming fiscal year in parliament today (May 29). </span></span></span></p> <p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"Arial Unicode MS","sans-serif"">Finance Minister Janardan Sharma will present the annual budget for the Fiscal Year 2022/23 during the joint meeting of federal parliament at 4 pm today afternoon. </span></span></span></p> <p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"Arial Unicode MS","sans-serif"">The constitution has a provision of presenting the budget in the federal parliament on the Republic Day, which falls on May 29 this year.</span></span></span></p> <p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"Arial Unicode MS","sans-serif"">All the members of parliament have been urged to be present at the parliament building before 3:45 pm today afternoon. </span></span></span></p> <p> </p> ', 'published' => true, 'created' => '2022-05-29', 'modified' => '2022-05-29', 'keywords' => '', 'description' => '', 'sortorder' => '15094', 'image' => '20220529080257_20220518080411_20210501025837_11.jpg', 'article_date' => '2022-05-29 08:02:19', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => null, 'user_id' => '34' ) ), (int) 14 => array( 'Article' => array( 'id' => '15351', 'article_category_id' => '1', 'title' => 'Finance Minister Tables Economic Survey-2021/022 ', 'sub_title' => '', 'summary' => 'May 29: Minister for Finance Janardan Sharma tabled the Economic Survey-2021/022 in House of Representatives (HoR) meeting on Saturday. ', 'content' => '<p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"Arial Unicode MS","sans-serif"">May 29: Minister for Finance Janardan Sharma tabled the Economic Survey-2021/022 in House of Representatives (HoR) meeting on Saturday. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">The Economic Survey includes the economic details of the country in the first nine months of the current fiscal year. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">The government tables the economic survey in the Federal Parliament some days before tabling the annual budget. As per the constitutional provision, the government tables the annual budget on the Republic Day on Jestha 15, which falls on May 29 (today) this year. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">As stated in the Economic Survey, a total of 621 megawatts of hydroelectricity including 456 megawatt from the Upper Tamakoshi Hydropower Project has been linked to the national transmission line till the first nine months of the current fiscal year. The government has a target to link 1,629 megawatt of power to the national grid. -- RSS </span><br /> <br /> </span></span></p> ', 'published' => true, 'created' => '2022-05-29', 'modified' => '2022-05-29', 'keywords' => '', 'description' => '', 'sortorder' => '15093', 'image' => '20220529080217_14523.jpg', 'article_date' => '2022-05-29 08:01:34', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => null, 'user_id' => '34' ) ) ) $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
