Online Revenue Collection Halted due to Server Problem

Apr 18, 2023 0 2 minutes 50 seconds to read

April 18: Revenue collection of the government has been affected due to problems in the server related to revenue.…

Patan High Court Issues Diktat not to Implement Decision to Use Dozers in Squatter Settlements

Apr 18, 2023 0 50 seconds to read

The Patan High Court has issued an interim order in the name of concerned authorities not to immediately implement the decision to use dozers in landless squatter settlements on the banks of various rivers in Kathmandu…

Minister Mahat Calls for Collaborative Efforts to Do Away With Economic Woes

Apr 18, 2023 0 1 minutes 29 seconds to read

Minister for Finance Dr Prakash Sharan Mahat stressed that that the government and private sector should collaborate to remove difficulties facing the country’s…

Nabil Bank CEO Dhungana Felicitated with ‘Prabal Janasewa Shree Award’

Apr 17, 2023 0 1 minutes 5 seconds to read

Gyanendra Prasad Dgungana, Chief Executive Officer (CEO) of Nabil Bank, has been honoured with prestigious ‘Prabal Janasewa Shree medal’. In recognition of his outstanding contribution to the banking sector in Nepal, President Ram Chandra Poudel conferred Dhungana with ‘Prabal Janasewa Shree…

FAQs Related to Start-Up Loan

Apr 17, 2023 0 5 minutes 41 seconds to read

April 17: After the Department of Industry called for proposals from eligible companies seeking start-up loans, more than half a dozen questions have been asked several times in connection with the loan…

Yamaha Launches Aerox 155, the Fastest Ultimate Scooter, in Nepal

Apr 17, 2023 0 2 minutes 10 seconds to read

MAW Enterprises, the authorized distributor of Yamaha Motorbikes and Scooters in Nepal, has launched the highly anticipated Yamaha Aerox 155, the ultimate Scooter in…

Over 150K People Attend Purple Saturday

Apr 17, 2023 0 1 minutes 57 seconds to read

April 17: Purple Saturday, co-organized by Ncell on the occasion of the 16th Durbar Marg Street Festival on April 15, was held in a grand manner, Ncell said in a…

Foggy Weather Condition to Persist for Three More Days

Apr 17, 2023 0 3 minutes 58 seconds to read

April 17: Air pollution has been increasing all over the country, including the Kathmandu valley, due to the wild fires that have been raging in various parts of the country for the past few…

Minister Orders to Investigate Malpractice Involving Land Revenue Office Staff

Apr 17, 2023 0 1 minutes 13 seconds to read

April 17: Minister for Land Management, Cooperative and Poverty Alleviation Ranjita Shrestha has issued instruction to the concerned government officials to immediately investigate the matter related to the involvement of the employees at the Land Revenue Office, Kaski in financial…

RSP Chair Lamichhane's Driver Injured under Suspicious Circumstances

Apr 17, 2023 0 53 seconds to read

April 17: Rastriya Swatantra Party (RSP) Chairman Rabi Lamichhane's chauffeur has been found injured under suspicious circumstances.…

Perennial Problem of Fertilizer Shortage in Nepal

Apr 17, 2023 0 3 minutes 58 seconds to read

April 17: It has become a regular phenomenon for Nepali farmers to face extreme shortage of chemical fertilizers every year during the main planting season.…

NTB Attends Travel Mart in Hanoi

Apr 17, 2023 0 1 minutes 48 seconds to read

April 17: Nepal Tourism Board and private sector businessmen of the country participated in the International Travel Mart (VITM 2023) which was successfully held in…

PM Directs to Halt Tax on FPO

Apr 17, 2023 0 1 minutes 20 seconds to read

April 17: Prime Minister Pushpa Kamal Dahal has directed all stakeholders to postpone the decision on imposing tax on share premium amount sold through the further public offering (FPO).…

Inland Revenue Down by Rs 5.5 Billion

Apr 17, 2023 0 1 minutes 33 seconds to read

…

Around 500 Megawatts of Electricity added to National Grid in 2079 BS

Apr 16, 2023 0 7 minutes 50 seconds to read

April 16: The cooperation between the government and the private sector in the development and expansion of electricity, which is considered to be one of the foundations for the country's economic prosperity, has started bearing…

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NEPSE

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		'Article' => array(
			'id' => '17589',
			'article_category_id' => '1',
			'title' => 'Online Revenue Collection Halted due to Server Problem',
			'sub_title' => '',
			'summary' => 'April 18: Revenue collection of the government has been affected due to problems in the server related to revenue. ',
			'content' => '<p><span style="font-size:12pt"><span style="font-family:&quot;Times New Roman&quot;,&quot;serif&quot;"><span style="font-size:15.0pt"><span style="font-family:&quot;Arial&quot;,&quot;sans-serif&quot;">April 18: Revenue collection of the government has been affected due to problems in the server related to revenue. The Financial Comptroller General Office (FCGO) said that the government&rsquo;s revenue collection was halted from </span></span><span style="font-size:15.0pt"><span style="font-family:&quot;Arial Unicode MS&quot;,&quot;sans-serif&quot;">11:00</span></span><span style="font-size:15.0pt"><span style="font-family:&quot;Arial&quot;,&quot;sans-serif&quot;"> am to </span></span><span style="font-size:15.0pt"><span style="font-family:&quot;Arial Unicode MS&quot;,&quot;sans-serif&quot;">1:00</span></span><span style="font-size:15.0pt"><span style="font-family:&quot;Arial&quot;,&quot;sans-serif&quot;"> am on Monday as the served went down.</span></span></span></span></p>

<p><span style="font-size:12pt"><span style="font-family:&quot;Times New Roman&quot;,&quot;serif&quot;"><span style="font-size:15.0pt"><span style="font-family:&quot;Arial Unicode MS&quot;,&quot;sans-serif&quot;">&quot;</span></span><span style="font-size:15.0pt"><span style="font-family:&quot;Arial&quot;,&quot;sans-serif&quot;">We apologize for the inconvenience caused by the system error related to RMIA, TSA, CGAS, Sutra, PAMS and other systems operated by this office from </span></span><span style="font-size:15.0pt"><span style="font-family:&quot;Arial Unicode MS&quot;,&quot;sans-serif&quot;">11:00</span></span><span style="font-size:15.0pt"><span style="font-family:&quot;Arial&quot;,&quot;sans-serif&quot;"> am to </span></span><span style="font-size:15.0pt"><span style="font-family:&quot;Arial Unicode MS&quot;,&quot;sans-serif&quot;">1:00</span></span><span style="font-size:15.0pt"><span style="font-family:&quot;Arial&quot;,&quot;sans-serif&quot;"> am on Monday (April 17),&quot; reads a notice issued by the FCGO.</span></span></span></span></p>

<p><span style="font-size:12pt"><span style="font-family:&quot;Times New Roman&quot;,&quot;serif&quot;"><span style="font-size:15.0pt"><span style="font-family:&quot;Arial&quot;,&quot;sans-serif&quot;">Gayatri Raman Khanal, information officer of the FCGO, said that the server was operational after </span></span><span style="font-size:15.0pt"><span style="font-family:&quot;Arial Unicode MS&quot;,&quot;sans-serif&quot;">1:00</span></span><span style="font-size:15.0pt"><span style="font-family:&quot;Arial&quot;,&quot;sans-serif&quot;"> pm, but was not fully operational. </span></span></span></span></p>

<p><span style="font-size:12pt"><span style="font-family:&quot;Times New Roman&quot;,&quot;serif&quot;"><span style="font-size:15.0pt"><span style="font-family:&quot;Arial&quot;,&quot;sans-serif&quot;">&ldquo;The server was completely down for three hours on Monday. When it came into operation after </span></span><span style="font-size:15.0pt"><span style="font-family:&quot;Arial Unicode MS&quot;,&quot;sans-serif&quot;">1</span></span><span style="font-size:15.0pt"><span style="font-family:&quot;Arial&quot;,&quot;sans-serif&quot;"> o&#39;clock, it was slow because many people were using the server at the same time,&rdquo; said Khanal.</span></span></span></span></p>

<p><span style="font-size:12pt"><span style="font-family:&quot;Times New Roman&quot;,&quot;serif&quot;"><span style="font-size:15.0pt"><span style="font-family:&quot;Arial&quot;,&quot;sans-serif&quot;">According to him, the online revenue collection was halted on Monday due to the problem in the government server. He said that even cheques issued could not be cashed while revenue collection was completely halted for some time.</span></span></span></span></p>

<p>&nbsp;</p>

<p>&nbsp;</p>
',
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			'created' => '2023-04-18',
			'modified' => '2023-04-18',
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			'description' => '',
			'sortorder' => '17324',
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			'article_date' => '2023-04-18 09:47:14',
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			'id' => '17588',
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			'title' => 'Patan High Court Issues Diktat not to Implement Decision to Use Dozers in Squatter Settlements',
			'sub_title' => '',
			'summary' => 'The Patan High Court has issued an interim order in the name of concerned authorities not to immediately implement the decision to use dozers in landless squatter settlements on the banks of various rivers in Kathmandu Valley. ',
			'content' => '<p><br />
<span style="font-size:20px">April 18: The Patan High Court has issued an interim order in the name of concerned authorities not to immediately implement the decision to use dozers in landless squatter settlements on the banks of various rivers in Kathmandu.&nbsp;</span></p>

<p><span style="font-size:20px">A division bench of judges Durga Bahadur Bishwakarma and Dipendra Adhikari handed down the order. Giving continuity to the interim order given by the single bench of Judge Dhir Bahadur Chand on March 31, the Court has summoned both sides for a discussion on April 26.&nbsp;</span></p>

<p><span style="font-size:20px">The Court has issued the interim order not to immediately implement the notice issued by the Kathmandu Metropolitan City on March 25 to vacate the settlements located on the banks of various rivers.&nbsp; </span></p>

<p><span style="font-size:20px">With the continuation of the interim order, the settlement removal process has been stopped for the time being. ---RSS&nbsp;</span></p>
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			'sortorder' => '17323',
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			'article_date' => '2023-04-18 06:48:58',
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			'id' => '17587',
			'article_category_id' => '274',
			'title' => 'Minister Mahat Calls for Collaborative Efforts to Do Away With Economic Woes ',
			'sub_title' => '',
			'summary' => 'Minister for Finance Dr Prakash Sharan Mahat stressed that that the government and private sector should collaborate to remove difficulties facing the country’s economy.',
			'content' => '<p><span style="font-size:20px">&nbsp;April 18: Minister for Finance Dr Prakash Sharan Mahat stressed that that the government and private sector should collaborate to remove difficulties facing the country&rsquo;s economy.</span></p>

<p><span style="font-size:20px">Congratulating the newly elected office-bearers of the Federation of Nepalese Chambers of Commerce and Industry (FNCCI) in Kathmandu on Monday, Minister Mahat asserted that the government and private sector should support each other to overcome problems seen in the economy.</span></p>

<p><span style="font-size:20px">&quot;The entrepreneurs and businessmen feel uncomfortable, difficult and pressurized at present. I understand there are some obstacles and disturbances. The government and private sector should work together to remove these hardships,&quot; Mahat emphasized.&nbsp;</span></p>

<p><span style="font-size:20px">Minister Dr Mahat admitted that the government has not been able to deliver as it should. &quot;We, from political leadership to bureaucracy should admit it. I am ready to admit it. We must bring about good changes in the economy. There is a challenge to increase efficiency of the country,&quot; the Minister opined.</span></p>

<p><span style="font-size:20px">&nbsp;The Minister shared that he had held formal and informal discussions with the leadership of the Nepal Rastra Bank to revitalize the national economy.&nbsp;</span></p>

<p><span style="font-size:20px">Dr Mahat said that the Nepal Bankers&#39; Association(NBA) decision to lower the interest rates on deposits starting from Baisakh 1 of New Year 2080 would help ease the economic difficulties facing the country.&nbsp;</span></p>

<p><span style="font-size:20px">&quot;I request to the private sector to disclose the realities. I will try my best to solve your problems through monetary policy,&quot; Mahat held.&nbsp;</span></p>

<p>&nbsp;</p>
',
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			'description' => '',
			'sortorder' => '17322',
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			'article_date' => '2023-04-18 06:11:35',
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			'id' => '17586',
			'article_category_id' => '1',
			'title' => 'Nabil Bank CEO Dhungana Felicitated with ‘Prabal Janasewa Shree Award’ ',
			'sub_title' => '',
			'summary' => 'Gyanendra Prasad Dgungana, Chief Executive Officer (CEO) of Nabil Bank, has been honoured with prestigious ‘Prabal Janasewa Shree medal’. In recognition of his outstanding contribution to the banking sector in Nepal, President Ram Chandra Poudel conferred Dhungana with ‘Prabal Janasewa Shree medal’. ',
			'content' => '<p><span style="font-size:20px">April 17: Gyanendra Prasad Dgungana, Chief Executive Officer (CEO) of Nabil Bank, has been honoured with prestigious &lsquo;Prabal Janasewa Shree medal&rsquo;.&nbsp;</span></p>

<p><span style="font-size:20px">In recognition of his outstanding contribution to the banking sector in Nepal, President Ram Chandra Poudel conferred Dhungana with &lsquo;Prabal Janasewa Shree medal&rsquo;.&nbsp;</span></p>

<p><span style="font-size:20px">The medal was awarded to CEO Dhungana on the occasion of Constitution Day of 2079 and distributed to him on the occasion of New Year 2080.&nbsp;</span></p>

<p><span style="font-size:20px">Dhungana has more than 25 years of experience in the banking sector. He has been leading the Nabil Bank as the CEO since Ashad 2079 after the merger of the then Nepal Bangladesh Bank with Nabil Bank. Prior to this, Dhungana served as the CEO of Nepal Bangladesh Bank for ten years.&nbsp;</span></p>

<p><span style="font-size:20px">Additionally, Dhungana has served as the President of Nepal Bankers&rsquo; Association. He has also worked as a Director of Nepal Rastra Bank.&nbsp;</span></p>

<p><span style="font-size:20px">Dhungana has finished Chartered Accountancy (CA) from India, Certificate Public Accountant (CPA) from Australia and has Master&rsquo;s in Financial Analysis.&nbsp;</span><br />
&nbsp;</p>
',
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			'created' => '2023-04-17',
			'modified' => '2023-04-17',
			'keywords' => '',
			'description' => '',
			'sortorder' => '17321',
			'image' => '20230417045029_collage - 2023-04-17T165027.664.jpg',
			'article_date' => '2023-04-17 16:47:44',
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		'Article' => array(
			'id' => '17585',
			'article_category_id' => '1',
			'title' => 'FAQs Related to Start-Up Loan',
			'sub_title' => '',
			'summary' => 'April 17: After the Department of Industry called for proposals from eligible companies seeking start-up loans, more than half a dozen questions have been asked several times in connection with the loan procedure.',
			'content' => '<p><span style="font-size:12pt"><span style="font-family:&quot;Times New Roman&quot;,&quot;serif&quot;"><span style="font-size:15.0pt"><span style="font-family:&quot;Arial&quot;,&quot;sans-serif&quot;">April 17: After the Department of Industry called for proposals from eligible companies seeking start-up loans, more than half a dozen questions have been asked several times in connection with the loan procedure.</span></span></span></span></p>

<p><span style="font-size:12pt"><span style="font-family:&quot;Times New Roman&quot;,&quot;serif&quot;"><span style="font-size:15.0pt"><span style="font-family:&quot;Arial&quot;,&quot;sans-serif&quot;">One of the frequently raised question is &ndash; why are the companies registered under PAN ineligible to receive the start-up loan.</span></span></span></span></p>

<p><span style="font-size:12pt"><span style="font-family:&quot;Times New Roman&quot;,&quot;serif&quot;"><span style="font-size:15.0pt"><span style="font-family:&quot;Arial&quot;,&quot;sans-serif&quot;">The department said those submitting proposals asking a wide range of questions such as whether the interest rate will increase later or not.</span></span></span></span></p>

<p><span style="font-size:12pt"><span style="font-family:&quot;Times New Roman&quot;,&quot;serif&quot;"><span style="font-size:15.0pt"><span style="font-family:&quot;Arial&quot;,&quot;sans-serif&quot;">The department has responded by publishing the answers to the frequently asked questions (FAQs) on its official website doind.gov.np. The department had issued a notice on March 30 and called for proposals within </span></span><span style="font-size:15.0pt"><span style="font-family:&quot;Arial Unicode MS&quot;,&quot;sans-serif&quot;">21</span></span><span style="font-size:15.0pt"><span style="font-family:&quot;Arial&quot;,&quot;sans-serif&quot;"> days to take such loans. </span></span></span></span></p>

<p><span style="font-size:12pt"><span style="font-family:&quot;Times New Roman&quot;,&quot;serif&quot;"><span style="font-size:15.0pt"><span style="font-family:&quot;Arial&quot;,&quot;sans-serif&quot;">While proposing for start-up loan projects, questions have been asked such as why a single shareholder cannot propose for a start-up loan and why the companies registered with the permanent account number (PAN), ward or a local body cannot propose for such a loan.</span></span></span></span></p>

<p><span style="font-size:12pt"><span style="font-family:&quot;Times New Roman&quot;,&quot;serif&quot;"><span style="font-size:15.0pt"><span style="font-family:&quot;Arial&quot;,&quot;sans-serif&quot;">Similarly, the other FAQ include whether or not such loan can be given to an organization which has added shareholders after amendment, whether they will get this loan if they have already taken a loan from another bank, how many installments the loan has to be paid (annually or monthly), will the interest rate increase from </span></span><span style="font-size:15.0pt"><span style="font-family:&quot;Arial Unicode MS&quot;,&quot;sans-serif&quot;">3</span></span><span style="font-size:15.0pt"><span style="font-family:&quot;Arial&quot;,&quot;sans-serif&quot;"> percent later and how many people will get a start-up loan? The department mentioned that such questions were asked during the project proposal.</span></span></span></span></p>

<p><span style="font-size:12pt"><span style="font-family:&quot;Times New Roman&quot;,&quot;serif&quot;"><span style="font-size:15.0pt"><span style="font-family:&quot;Arial&quot;,&quot;sans-serif&quot;">The department has tried to dispel the doubts by giving clear answers to the questions raised in the proposals repeatedly.</span></span></span></span></p>

<p><span style="font-size:12pt"><span style="font-family:&quot;Times New Roman&quot;,&quot;serif&quot;"><span style="font-size:15.0pt"><span style="font-family:&quot;Arial&quot;,&quot;sans-serif&quot;">The department clarified that a single shareholder cannot be offered the start-up loan as it is targeted at a group of entrepreneurs with the latest thinking, knowledge, skills and abilities. Similarly, partnership firms and companies can submit proposals for such loans as there is a provision in the &#39;Start-up Business Loan Disbursement Procedure </span></span><span style="font-size:15.0pt"><span style="font-family:&quot;Arial Unicode MS&quot;,&quot;sans-serif&quot;">2079</span></span><span style="font-size:15.0pt"><span style="font-family:&quot;Arial&quot;,&quot;sans-serif&quot;">&#39; that only such companies are considered eligible for loans.</span></span></span></span></p>

<p><span style="font-size:12pt"><span style="font-family:&quot;Times New Roman&quot;,&quot;serif&quot;"><span style="font-size:15.0pt"><span style="font-family:&quot;Arial&quot;,&quot;sans-serif&quot;">Similarly, on the question of whether to give loans to those who have added shareholders after amendment, the department said that the organisations that did so before they issued the notice on March 30 can avail such loan but those who amended their statute after the notice was released will not get this loan.</span></span></span></span></p>

<p><span style="font-size:12pt"><span style="font-family:&quot;Times New Roman&quot;,&quot;serif&quot;"><span style="font-size:15.0pt"><span style="font-family:&quot;Arial&quot;,&quot;sans-serif&quot;">Similarly, the department has mentioned that women are also among the target group of start-up enterprise loans. </span></span></span></span></p>

<p><span style="font-size:12pt"><span style="font-family:&quot;Times New Roman&quot;,&quot;serif&quot;"><span style="font-size:15.0pt"><span style="font-family:&quot;Arial&quot;,&quot;sans-serif&quot;">Similarly, in relation to the question of how many installments the loan should be paid (annually or monthly), the department said it will be according to the rules of the bank providing the loan. The department further said that the interest rate of the loan will be limited to </span></span><span style="font-size:15.0pt"><span style="font-family:&quot;Arial Unicode MS&quot;,&quot;sans-serif&quot;">3</span></span><span style="font-size:15.0pt"><span style="font-family:&quot;Arial&quot;,&quot;sans-serif&quot;"> percent as such loans will flow for a maximum period of </span></span><span style="font-size:15.0pt"><span style="font-family:&quot;Arial Unicode MS&quot;,&quot;sans-serif&quot;">7</span></span><span style="font-size:15.0pt"><span style="font-family:&quot;Arial&quot;,&quot;sans-serif&quot;"> years. </span></span></span></span></p>

<p><span style="font-size:12pt"><span style="font-family:&quot;Times New Roman&quot;,&quot;serif&quot;"><span style="font-size:15.0pt"><span style="font-family:&quot;Arial&quot;,&quot;sans-serif&quot;">The department called for submission of proposals on March 30 after the procedure was approved on March 24. </span></span></span></span></p>

<p><span style="font-size:12pt"><span style="font-family:&quot;Times New Roman&quot;,&quot;serif&quot;"><span style="font-size:15.0pt"><span style="font-family:&quot;Arial&quot;,&quot;sans-serif&quot;">The procedure covers loans for </span></span><span style="font-size:15.0pt"><span style="font-family:&quot;Arial Unicode MS&quot;,&quot;sans-serif&quot;">14 </span></span><span style="font-size:15.0pt"><span style="font-family:&quot;Arial&quot;,&quot;sans-serif&quot;">different sectors related to agriculture, tourism, infrastructure, mining and minerals, automobiles and garbage and waste management and environment which fall under start-up enterprises. </span></span></span></span></p>

<p>&nbsp;</p>

<p>&nbsp;</p>
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			'id' => '17584',
			'article_category_id' => '266',
			'title' => 'Yamaha Launches Aerox 155, the Fastest Ultimate Scooter, in Nepal',
			'sub_title' => '',
			'summary' => 'MAW Enterprises, the authorized distributor of Yamaha Motorbikes and Scooters in Nepal, has launched the highly anticipated Yamaha Aerox 155, the ultimate Scooter in Nepal. ',
			'content' => '<p><span style="font-size:20px">April 17: &nbsp;MAW Enterprises, the authorized distributor of Yamaha Motorbikes and Scooters in Nepal, has launched the highly anticipated Yamaha Aerox 155, the ultimate Scooter in Nepal.&nbsp;</span></p>

<p><span style="font-size:20px">With its distinctive and sleek aerodynamic sporty design, the Aerox 155 complements the sense of speed and power, setting new standards for performance, style, and riding experience.</span></p>

<p><span style="font-size:20px">The Yamaha Aerox 155 features a liquid-cooled engine, making it Nepal&#39;s fastest Scooter with a top speed of 120 km/hr. Its &ldquo;R&rdquo; DNA engine of 155cc dishes out 15 bhp, providing riders with an unparalleled sense of speed and power. </span></p>

<p><span style="font-size:20px">The front LED headlights offer excellent night-time visibility, and the rear tail light has 12 compact LEDs that give out a 3D appearance, adding a touch of modernity to the bike&#39;s aesthetics.</span></p>

<p><span style="font-size:20px">The Aerox 155&#39;s 5.8-inch LCD instrument screen displays several features such as a speedometer, RPM, and VVA indicator, making it easy for riders &nbsp;keep track of important information while on the road.</span></p>

<p><span style="font-size:20px">Additionally, the scooter comes equipped with Yamaha Y-Connect, which can be connected to the rider&#39;s smartphone via an associated app, allowing riders to track things like maintenance intervals, malfunction notifications, mileage, battery level, and parking location.</span></p>

<p><span style="font-size:20px">Despite its sporty design, the Yamaha Aerox 155 is quite spacious and comes with practical 24.5-liter under-seat storage. It also offers a host of advanced technology, such as variable valve actuation (VVA), idle stop-start function aiding in fuel consumption, and front disc brake with ABS for enhanced safety.&nbsp;</span></p>

<p><span style="font-size:20px">The Aerox 155&#39;s superior quality materials ensure durability and dependability, providing a long-lasting and delightful ownership experience. The Yamaha Aerox 155 is available in three different colors: Racing Blue, Grey Vermillion, and Metallic Black at a starting price of Rs. 474,900, and customers can and book and buy the scooter from the official showrooms of Yamaha.&nbsp;</span></p>

<p><span style="font-size:20px">Raju Chhetri, CEO of Maw Enterprises said, &ldquo;The Aerox 155 is a game-changer in the Scooter market of Nepal, setting new standards for performance, style, and riding experience for both beginners and pro riders&rdquo;.</span></p>

<p><span style="font-size:20px">With scooter&rsquo;s powerful engine, advanced technology, and sleek design, the Yamaha Aerox 155 will be liked&nbsp;by the two-wheeler lovers in Nepal, Chhetri expressed confidence.&nbsp;</span><br />
&nbsp;</p>
',
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			'created' => '2023-04-17',
			'modified' => '2023-04-17',
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			'description' => '',
			'sortorder' => '17319',
			'image' => '20230417040110_collage - 2023-04-17T155759.751.jpg',
			'article_date' => '2023-04-17 15:57:07',
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	(int) 6 => array(
		'Article' => array(
			'id' => '17583',
			'article_category_id' => '266',
			'title' => 'Over 150K People Attend Purple Saturday',
			'sub_title' => '',
			'summary' => 'April 17: Purple Saturday, co-organized by Ncell on the occasion of the 16th Durbar Marg Street Festival on April 15, was held in a grand manner, Ncell said in a statement.',
			'content' => '<p><span style="font-size:18px"><span style="font-family:Calibri,&quot;sans-serif&quot;"><span style="font-family:&quot;Arial Unicode MS&quot;,&quot;sans-serif&quot;">April 17: Purple Saturday, co-organized by Ncell on the occasion of the 16<sup>th</sup> Durbar Marg Street Festival on April 15, was held in a grand manner, Ncell said in a statement.</span></span></span></p>

<p><span style="font-size:18px"><span style="font-family:Calibri,&quot;sans-serif&quot;"><span style="font-family:&quot;Arial Unicode MS&quot;,&quot;sans-serif&quot;">The street festival was organized with the motive of promoting goods made in Nepal and to preserve the culture.</span></span></span></p>

<p><span style="font-size:18px"><span style="font-family:Calibri,&quot;sans-serif&quot;"><span style="font-family:&quot;Arial Unicode MS&quot;,&quot;sans-serif&quot;">The event was organized in a collaboration between the Federation of Nepalese Chambers of Commerce and Industry (FNCCI), Durbar Marg Development Board, Restaurant and Bar Association of Nepal (REBAN) and Ncell, which was also the main sponsor of the event.</span></span></span></p>

<p><span style="font-size:18px"><span style="font-family:Calibri,&quot;sans-serif&quot;"><span style="font-family:&quot;Arial Unicode MS&quot;,&quot;sans-serif&quot;">Minister for Culture, Tourism and Civil Aviation Sudan Kirati, FNCCI President Chandra Dhakal, FNCCI Senior Vice President Anjan Shrestha, Ncell&rsquo;s CEO Andy Chong along with representatives of Durbar Marg Development Board and REBAN jointly inaugurated the festival.</span></span></span></p>

<p><span style="font-size:18px"><span style="font-family:Calibri,&quot;sans-serif&quot;"><span style="font-family:&quot;Arial Unicode MS&quot;,&quot;sans-serif&quot;">The organisers believe that this festival will help in promoting domestic tourism and also support small and cottage industries as well as the tourism industry of Nepal.</span></span></span></p>

<p><span style="font-size:18px"><span style="font-family:Calibri,&quot;sans-serif&quot;"><span style="font-family:&quot;Arial Unicode MS&quot;,&quot;sans-serif&quot;">Popular musical bands like Kutumba, Deepak Bajracharya and Rhythm Band along with singers Trishala Gurung, Aawiskar KC, Rohit Shakya, Lahure and The Elements performed during the Purple Saturday event.</span></span></span></p>

<p><span style="font-size:18px"><span style="font-family:Calibri,&quot;sans-serif&quot;"><span style="font-family:&quot;Arial Unicode MS&quot;,&quot;sans-serif&quot;">According to the organisers, more than 150,000 people attended the event. </span></span></span></p>

<p>&nbsp;</p>

<p>&nbsp;</p>
',
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			'created' => '2023-04-17',
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			'keywords' => '',
			'description' => '',
			'sortorder' => '17318',
			'image' => '20230417034907_Purple Saturday (10).jpg',
			'article_date' => '2023-04-17 15:48:03',
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	(int) 7 => array(
		'Article' => array(
			'id' => '17582',
			'article_category_id' => '1',
			'title' => 'Foggy Weather Condition to Persist for Three More Days',
			'sub_title' => 'Kathmandu Tops the List of Most Polluted City in the World: AIQ',
			'summary' => 'April 17: Air pollution has been increasing all over the country, including the Kathmandu valley, due to the wild fires that have been raging in various parts of the country for the past few days.',
			'content' => '<p><span style="font-size:18px"><span style="font-family:Calibri,&quot;sans-serif&quot;">April 17: Air pollution has been increasing all over the country, including the Kathmandu valley, due to the wild fires that have been raging in various parts of the country for the past few days. </span></span></p>

<p><span style="font-size:18px"><span style="font-family:Calibri,&quot;sans-serif&quot;">The foggy condition of air due to pollution will persists for three more days, according to experts.</span></span></p>

<p><span style="font-size:18px"><span style="font-family:Calibri,&quot;sans-serif&quot;">The Department of Hydrology and Meteorology has said that the pollution will remain stable for a few more days as there is no chance of wind and rainfall to remove the pollution.</span></span></p>

<p><span style="font-size:18px"><span style="font-family:Calibri,&quot;sans-serif&quot;">According to the division, the air pollution is high because there has been no rainfall in some parts of the country for a long time and there have been forest fires in many places.</span></span></p>

<p><span style="font-size:18px"><span style="font-family:Calibri,&quot;sans-serif&quot;">Shankar Prasad Paudel, spokesperson for the Department of Environment, said that the pollutants have accumulated near the surface due to lack of rain and low pressure of wind along with the smoke emitted from the fires.</span></span></p>

<p><span style="font-size:18px"><span style="font-family:Calibri,&quot;sans-serif&quot;">He said that the satellite images have shown that pollution in the Kathmandu Valley has increased due to the smoke emitted from Bara, Parsa and Chitwan. </span></span></p>

<p><span style="font-size:18px"><span style="font-family:Calibri,&quot;sans-serif&quot;">The amount of pollution in the Kathmandu valley has increased because the air coming to Kathmandu from Bara, Parsa and Chitwan through the Bagmati Corridor cannot flow elsewhere.</span></span></p>

<p><span style="font-size:18px"><span style="font-family:Calibri,&quot;sans-serif&quot;">The department has urged people to take precautions to avoid pollution. As the air pollution is increasing, the department has urged the people to avoid going outside as much as possible and use face masks and glasses if one has to go out.</span></span></p>

<p><span style="font-size:18px"><span style="font-family:Calibri,&quot;sans-serif&quot;">Dr Dharma Upreti, a climate and environmental expert, suggested that everyone must use masks and should not go out of the house except for essential work. He also said that it will take a few more days for the weather to become clear again.</span></span></p>

<p><span style="font-size:18px"><span style="font-family:Calibri,&quot;sans-serif&quot;">Paudel, the spokesperson of the Department of Environment, said that health hazards such as blood pressure, heart problems, cancer and other health problems are likely to increase due to air pollution.</span></span></p>

<p><span style="font-size:18px"><span style="font-family:Calibri,&quot;sans-serif&quot;">Flights have also been affected across the country due to the polluted air. According to the Tribhuvan International Airport Office, flights at domestic airports were affected on Sunday due to low visibility. International flights from Kathmandu are said to be normal. </span></span></p>

<p><span style="font-size:18px"><span style="font-family:Calibri,&quot;sans-serif&quot;">According to IQ Air, an organization which measures the amount of air pollution across the world, the air quality indicator on Sunday showed that the Kathmandu Valley was ranked first in the world in terms of air pollution.</span></span></p>

<p><span style="font-size:18px"><span style="font-family:Calibri,&quot;sans-serif&quot;">According to IQAir, there was more air pollution in Bhaktapur and Lalitpur on Sunday. In these places, the air quality measurement indicator iQAir was above 200. </span></span></p>

<p><span style="font-size:18px"><span style="font-family:Calibri,&quot;sans-serif&quot;">Similarly, the air in Kirtipur, Ratnapark, Madhyapur Thimi, Hetauda and Dhankuta was unhealthy. In these areas, the air quality measurement indicator iQAir reached almost 200. </span></span></p>

<p><span style="font-size:18px"><span style="font-family:Calibri,&quot;sans-serif&quot;">If the AIQ is more than 50, the people of poor health group is at risk, although the measurement from 51 to 100 is considered normal. But if the AIQ is above 100, it is unhealthy for everyone. Air pollution is considered to be dangerous if the AIQ reaches above 300. </span></span></p>

<p><span style="font-size:18px"><span style="font-family:Calibri,&quot;sans-serif&quot;">Paudel, the spokesperson of the environment department, informed that if there is no rain or if there is no strong wind, the air pollution in the country including the valley will not decrease and the risk of pollution will continue for a few more days. </span></span></p>

<p>&nbsp;</p>

<p>&nbsp;</p>

<p>&nbsp;</p>
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		'Article' => array(
			'id' => '17581',
			'article_category_id' => '1',
			'title' => 'Minister Orders to Investigate Malpractice Involving Land Revenue Office Staff   ',
			'sub_title' => '',
			'summary' => 'April 17: Minister for Land Management, Cooperative and Poverty Alleviation Ranjita Shrestha has issued instruction to the concerned government officials to immediately investigate the matter related to the involvement of the employees at the Land Revenue Office, Kaski in financial malpractice.    ',
			'content' => '<p><span style="font-size:18px"><span style="font-family:Calibri,&quot;sans-serif&quot;"><span style="font-family:&quot;Arial Unicode MS&quot;,&quot;sans-serif&quot;">April 17: Minister for Land Management, Cooperative and Poverty Alleviation Ranjita Shrestha has issued instruction to the concerned government officials to immediately investigate the matter related to the involvement of the employees at the Land Revenue Office, Kaski in financial malpractice.&nbsp;&nbsp;&nbsp;&nbsp; </span><br />
<span style="font-family:&quot;Arial Unicode MS&quot;,&quot;sans-serif&quot;">Minister Shrestha instructed Secretary Dr Damodar Regmi and Padma Nidhi Soti, the director-general of the Department of Land Management and Archives, to immediately carry out an investigation into the news about financial misconduct of the employees at the Land Revenue Office, Kaski, said Ramesh BK, Minister Shrestha&#39;s private secretary.&nbsp;&nbsp;&nbsp;&nbsp; </span><br />
<span style="font-family:&quot;Arial Unicode MS&quot;,&quot;sans-serif&quot;">The local media had carried news a few days exposing the financial malpractices of the employees at the Land Revenue Office, Kaski who work in syndicate to cheat the service seekers.</span></span></span></p>

<p><span style="font-size:18px"><span style="font-family:Calibri,&quot;sans-serif&quot;"><span style="font-family:&quot;Arial Unicode MS&quot;,&quot;sans-serif&quot;">Minister Shrestha has issued directives to probe this incident and take departmental action against those employees found guilty. The minister has also instructed to find out additional facts and truths. -- RSS&nbsp;&nbsp; </span></span></span></p>
',
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			'modified' => '2023-04-17',
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			'sortorder' => '17316',
			'image' => '20230417020158_232788599_102010135519891_7801843595265240822_n.jpg',
			'article_date' => '2023-04-17 14:01:09',
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	(int) 9 => array(
		'Article' => array(
			'id' => '17580',
			'article_category_id' => '1',
			'title' => 'RSP Chair Lamichhane's Driver Injured under Suspicious Circumstances',
			'sub_title' => '',
			'summary' => 'April 17: Rastriya Swatantra Party (RSP) Chairman Rabi Lamichhane's chauffeur has been found injured under suspicious circumstances. ',
			'content' => '<p><span style="font-size:18px"><span style="font-family:Calibri,&quot;sans-serif&quot;"><span style="font-family:&quot;Arial Unicode MS&quot;,&quot;sans-serif&quot;">April 17: Rastriya Swatantra Party (RSP) Chairman Rabi Lamichhane&#39;s chauffeur has been found injured under suspicious circumstances. He was reportedly injured in the wee hours today (April 17) after falling off a roof of the house where Lamichhane resides at Bharatpur metropolis-11, the start-owned RSS reported.&nbsp;&nbsp;&nbsp;&nbsp; </span><br />
<span style="font-family:&quot;Arial Unicode MS&quot;,&quot;sans-serif&quot;">According to the District Police Office, Chitwan, thirty-nine-year-old Dil Bahadur Thapa aka Shambhu from Bahrabise Municipality-3 in Sindhupalchok allegedly fell from the roof at around 4:00 am on Monday (April 17). He is being treated at the College of Medical Sciences Teaching Hospital (Old Medical College) Bharatpur.&nbsp;&nbsp;&nbsp;&nbsp; </span><br />
<span style="font-family:&quot;Arial Unicode MS&quot;,&quot;sans-serif&quot;">According to the police, he has sustained severe injuries to his head and legs. Further investigation into the case is underway.&nbsp;&nbsp;&nbsp;&nbsp; </span></span></span><br />
&nbsp;</p>
',
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			'created' => '2023-04-17',
			'modified' => '2023-04-17',
			'keywords' => '',
			'description' => '',
			'sortorder' => '17315',
			'image' => '20230417011459_rabi.jpg',
			'article_date' => '2023-04-17 13:14:12',
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	(int) 10 => array(
		'Article' => array(
			'id' => '17579',
			'article_category_id' => '1',
			'title' => 'Perennial Problem of Fertilizer Shortage in Nepal',
			'sub_title' => '',
			'summary' => 'April  17: It has become a regular phenomenon for Nepali farmers to face extreme shortage of chemical fertilizers every year during the main planting season. ',
			'content' => '<p><span style="font-size:18px"><span style="font-family:&quot;Times New Roman&quot;,&quot;serif&quot;">April&nbsp; 17: It has become a regular phenomenon for Nepali farmers to face extreme shortage of chemical fertilizers every year during the main planting season. According to government authorities, they often fail to import fertilizer on time due to lack of adequate budget for fertilizer procurement, failure of procurement process and lack of provision for back-up tenders.</span></span></p>

<p><span style="font-size:18px"><span style="font-family:&quot;Times New Roman&quot;,&quot;serif&quot;">The adverse effect of fertilizer shortage has also started to be seen in Nepal&#39;s gross domestic product (GDP) in recent years. During the last decade, the contribution of agriculture sector in GDP decreased from 32.7 percent to 23.9 percent. According to the Ministry of Agriculture and Livestock Development, 700,000 metric tons of chemical fertilizers are required per year for a total of 3.391 million hectares of land. At least a minimum of 520,000 metric tons of fertilizer is required in a year even if it is used less in amount. However, the ministry&#39;s data shows that not more than 400,000 metric tons of chemical fertilizers have been supplied in any year in the last seven years.</span></span></p>

<p><span style="font-size:18px"><span style="font-family:&quot;Times New Roman&quot;,&quot;serif&quot;">Although tenders were issued for the purchase of 331,500 metric tons of fertilizer till the 8th month of the current fiscal year, it seems that only 159,000 tons have been supplied. At this pace, it is not possible to import all the remaining fertilizers in the next three months. Stakeholders say that fertilizer could not be supplied on time due to the weakness of government policies and regulations. Joint Secretary of the Agriculture Development Division under the Ministry of Agriculture and Livestock Development Dr. Rajendra Prasad Mishra said that in terms of the country&#39;s needs, the budget initially set aside by the government for the purchase of fertilizers is low. He says that even if the resources are confirmed later, it will prolong the procurement process.</span></span></p>

<p><span style="font-size:18px"><span style="font-family:&quot;Times New Roman&quot;,&quot;serif&quot;">Mishra says that there is no provision for adjusting the price increase, no budget management to arrange for backup tenders and buffer stock, and there is a problem in the supply of fertilizers. According to him, since 20 to 30 percent of the procurement process fails, such arrangements must be made in the budget to prevent supply disruption.</span></span></p>

<p><span style="font-size:18px"><span style="font-family:&quot;Times New Roman&quot;,&quot;serif&quot;">&ldquo;A bidding period of 45 days has been set for the purchase of fertilizer. If the bid is unsuccessful, the bid should be invited again with a period of 21 days, which prolongs the procurement process. The farming season in North India and Nepal is the same, due to which the port and rail transport services are under heavy pressure. Due to this, even the purchased fertilizers cannot be supplied to Nepal on time,&rdquo; Mishra told New Business Age.</span></span></p>

<p><span style="font-size:18px"><span style="font-family:&quot;Times New Roman&quot;,&quot;serif&quot;">Bishnu Pokhrel, managing director of Agricultural Inputs Company Limited says that the current tender period is too long to buy items whose prices change weekly, such as chemical fertilizers. He argues that the current tender period should be shortened to strengthen the supply. Pokhrel complains that even though the Agricultural Inputs Company has been taking initiatives for the amendment of the Procurement Act for the past 10 years, it has not been possible. He said, &ldquo;Until the Procurement Act is amended, the problem of delay in fertilizer supply will continue to persist in Nepal.&rdquo;</span></span></p>

<p><span style="font-size:18px"><span style="font-family:&quot;Times New Roman&quot;,&quot;serif&quot;">According to the Chemical Fertilizer Procurement Act, the supply chain for fertilizer procurement is 227 days from the date of issuing the tender notice to the delivery of the goods. According to the ministry, if the process is prolonged, it will take up to 260 days to deliver the fertilizer. Since the supply chain is very long, the process has to be started as early as October of the previous year to buy the fertilizer required in next May-June. </span></span></p>

<p><span style="font-size:18px"><span style="font-family:&quot;Times New Roman&quot;,&quot;serif&quot;">Joint Secretary Mishra says that instead of the method of buying fertilizers according to the budget, a policy and program should be implemented by determining the quantity of 500,000 to 600,000 metric tons of fertilizers to be supplied annually.</span></span></p>

<p>&nbsp;</p>
',
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			'article_date' => '2023-04-17 12:21:42',
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	(int) 11 => array(
		'Article' => array(
			'id' => '17578',
			'article_category_id' => '1',
			'title' => 'NTB Attends Travel Mart in Hanoi',
			'sub_title' => '',
			'summary' => 'April 17: Nepal Tourism Board and private sector businessmen of the country participated in the International Travel Mart (VITM 2023) which was successfully held in Hanoi.',
			'content' => '<p><span style="font-size:12pt"><span style="font-family:&quot;Times New Roman&quot;,&quot;serif&quot;"><span style="font-size:15.0pt"><span style="font-family:&quot;Arial&quot;,&quot;sans-serif&quot;">April 17: Nepal Tourism Board and private sector businessmen of the country participated in the International Travel Mart (VITM 2023) which was successfully held in Hanoi, the capital of Vietnam, from April 13 to 16. The four-day event was organized by the Vietnam Society of Travel Agents (VITA), a national tourism organization. </span></span></span></span></p>

<p><span style="font-size:12pt"><span style="font-family:&quot;Times New Roman&quot;,&quot;serif&quot;"><span style="font-size:15.0pt"><span style="font-family:&quot;Arial&quot;,&quot;sans-serif&quot;">On that occasion, stakeholders who came to the Nepal&rsquo;s stall asked questions about various tourist destinations, immigration policy and air network of Nepal.</span></span></span></span></p>

<p><span style="font-size:12pt"><span style="font-family:&quot;Times New Roman&quot;,&quot;serif&quot;"><span style="font-size:15.0pt"><span style="font-family:&quot;Arial&quot;,&quot;sans-serif&quot;">Rohini Khanal, manager of Nepal Tourism Board, said that since Nepal is a new destination for most of the Vietnamese, Nepal&#39;s presence in the fair helped in promoting tourism.</span></span></span></span></p>

<p><span style="font-size:12pt"><span style="font-family:&quot;Times New Roman&quot;,&quot;serif&quot;"><span style="font-size:15.0pt"><span style="font-family:&quot;Arial&quot;,&quot;sans-serif&quot;">She said that Vietnamese youth are excited to come to Nepal for adventure tourism. The number of tourists coming to Nepal from Vietnam is expected to increase in the future.</span></span></span></span></p>

<p><span style="font-size:12pt"><span style="font-family:&quot;Times New Roman&quot;,&quot;serif&quot;"><span style="font-size:15.0pt"><span style="font-family:&quot;Arial&quot;,&quot;sans-serif&quot;">Stakeholders, who participated in the fair, emphasized the need to expand air connectivity between Nepal and Vietnam. The representatives of various media who came to Nepal&rsquo;s stall requested the Nepal Tourism Board to cooperate with Vietnam&#39;s print, television and social media for the promotion of Nepal&#39;s tourism.</span></span></span></span></p>

<p>&nbsp;</p>

<p>&nbsp;</p>
',
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			'article_date' => '2023-04-17 11:28:06',
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	(int) 12 => array(
		'Article' => array(
			'id' => '17577',
			'article_category_id' => '1',
			'title' => 'PM Directs to Halt Tax on FPO   ',
			'sub_title' => '',
			'summary' => 'April 17: Prime Minister Pushpa Kamal Dahal has directed all stakeholders to postpone the decision on imposing tax on share premium amount sold through the further public offering (FPO). ',
			'content' => '<p><span style="font-size:18px"><span style="font-family:Calibri,&quot;sans-serif&quot;"><span style="font-family:&quot;Arial Unicode MS&quot;,&quot;sans-serif&quot;">April 17: Prime Minister Pushpa Kamal Dahal has directed all stakeholders to postpone the decision on imposing tax on share premium amount sold through the further public offering (FPO). The PM has also asked to seek a long-term solution to this issue.&nbsp; &nbsp;&nbsp;&nbsp;</span><br />
<span style="font-family:&quot;Arial Unicode MS&quot;,&quot;sans-serif&quot;">The PM issued such a directive after the Confederation of Nepalese Industries (CNI) and Nepal Bankers&#39; Association drew the PM&#39;s attention regarding the impacts of the taxation on the share&#39;s premium amount.&nbsp;&nbsp;&nbsp;&nbsp; </span><br />
<span style="font-family:&quot;Arial Unicode MS&quot;,&quot;sans-serif&quot;">During the meeting with the business leaders, PM Dahal vowed to initiate the process to address this issue for the long term.&nbsp;&nbsp;&nbsp;&nbsp; </span><br />
<span style="font-family:&quot;Arial Unicode MS&quot;,&quot;sans-serif&quot;">The banks and financial institutions (BFIs) had increased their paid-up capital through the FPO as per the directive of the central bank.&nbsp;&nbsp;&nbsp;&nbsp; </span><br />
<span style="font-family:&quot;Arial Unicode MS&quot;,&quot;sans-serif&quot;">During that period, there was no taxation on FPO but the 58th annual report of the Office of the Auditor General had mentioned that the FPO share&#39;s premium amount should come under the ambit of tax while concluding that the tax amount should be paid from such companies. -- RSS &nbsp;</span></span></span></p>
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			'id' => '17576',
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			'title' => 'Inland Revenue Down by Rs 5.5 Billion ',
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			'content' => '<p><span style="font-size:20px">April 17: &nbsp;Collection of inland revenues is down by Rs 5.5 billion until the third quarter (mid-April) of the current fiscal year.&nbsp;The government has collected Rs 337.10 billion in inland revenues until the third quarter of the current fiscal year, according to the Inland Revenue Department.&nbsp;</span></p>

<p><span style="font-size:20px">The government had collected Rs 342.65 billion in inland revenues during the same period last fiscal year. Officials at IRD say that economic effect seen in multiple sectors has affected collection of inland revenue.</span></p>

<p><span style="font-size:20px">The government has collected Rs 5.5 billion less in inland revenues in the first nine months of the current fiscal year compared to last fiscal year&rsquo;s same period. &nbsp;Collection in inland revenue has fallen by 1.62% in the nine months of the current fiscal year compared to same period last fiscal.&nbsp;</span></p>

<p><span style="font-size:20px">The government has collected Rs 150.20 billion in income tax until the third quarter of the current fiscal year against its collection of Rs 165.45 billion in the review period last fiscal year.&nbsp; Nine months&rsquo; value added tax(VAT) stands at Rs 78.89 billion. Likewise, Rs 74.28 billion was collected under excise duty.&nbsp;</span></p>

<p><span style="font-size:20px">According to department, the government has collected Rs 1.97 billion rental taxes, Rs 5.25 billion health service tax and Rs 1.26 billion education tax respectively.&nbsp; </span></p>

<p><span style="font-size:20px">The government has collected only 50% revenue against its annual target till the end of third quarter of the current fiscal year, according to Financial Comptroller General Office.</span></p>

<p><span style="font-size:20px">The government has been able to collect only Rs 724.47 billion in revenues until third quarter against its annual target of Rs 1458.60 billion. &nbsp;</span></p>

<p>&nbsp;</p>
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			'id' => '17575',
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			'title' => 'Around 500 Megawatts of Electricity added to National Grid in 2079 BS',
			'sub_title' => '',
			'summary' => 'April 16: The cooperation between the government and the private sector in the development and expansion of electricity, which is considered to be one of the foundations for the country's economic prosperity, has started bearing fruits.',
			'content' => '<p><span style="font-size:12pt"><span style="font-family:&quot;Times New Roman&quot;,&quot;serif&quot;"><span style="font-size:14.0pt"><span style="font-family:&quot;Arial&quot;,&quot;sans-serif&quot;">April 16: The cooperation between the government and the private sector in the development and expansion of electricity, which is considered to be one of the foundations for the country&#39;s economic prosperity, has started bearing fruits.</span></span></span></span></p>

<p><span style="font-size:12pt"><span style="font-family:&quot;Times New Roman&quot;,&quot;serif&quot;"><span style="font-size:14.0pt"><span style="font-family:&quot;Arial&quot;,&quot;sans-serif&quot;">Approximately 500 megawatts of power has been added to the national grid throughout the year 2079 BS.</span></span></span></span></p>

<p><span style="font-size:12pt"><span style="font-family:&quot;Times New Roman&quot;,&quot;serif&quot;"><span style="font-size:14.0pt"><span style="font-family:&quot;Arial&quot;,&quot;sans-serif&quot;">Electricity addition has continued, according to the Nepal Electricity Authority (NEA), the public power utility, adding that the country&#39;s total installed capacity would reach around 3,000 megawatts within the current fiscal year, 2022/23 ending mid-July, if this continues.&nbsp;</span></span></span></span></p>

<p><span style="font-size:12pt"><span style="font-family:&quot;Times New Roman&quot;,&quot;serif&quot;"><span style="font-size:14.0pt"><span style="font-family:&quot;Arial&quot;,&quot;sans-serif&quot;">So far, 2689 megawatts power has been linked with the national grid, NEA said. Until mid-July, 2023, additional 15 hydropower projects are expected to be completed.</span></span></span></span></p>

<p><span style="font-size:12pt"><span style="font-family:&quot;Times New Roman&quot;,&quot;serif&quot;"><span style="font-size:14.0pt"><span style="font-family:&quot;Arial&quot;,&quot;sans-serif&quot;">In the year 2079 BS, a total 19 hydropower projects have come into full operation, and the test of nine others has reached the final stage.</span></span></span></span></p>

<p><span style="font-size:12pt"><span style="font-family:&quot;Times New Roman&quot;,&quot;serif&quot;"><span style="font-size:14.0pt"><span style="font-family:&quot;Arial&quot;,&quot;sans-serif&quot;">The biggest project developed by the private sector that has been completed within the year is the Solukhola (Dudhkoshi) Hydroelectricity Project. Inaugurated by Prime Minister Pushpa Kamal Dahal, the project developed by Sahas Urja started commercial production from 1 March, 2023.</span></span></span></span></p>

<p><span style="font-size:12pt"><span style="font-family:&quot;Times New Roman&quot;,&quot;serif&quot;"><span style="font-size:14.0pt"><span style="font-family:&quot;Arial&quot;,&quot;sans-serif&quot;">Nepal has already been self-sufficient in power during the monsoon season and the situation for the winter is also improving.&nbsp;</span></span></span></span></p>

<p><span style="font-size:12pt"><span style="font-family:&quot;Times New Roman&quot;,&quot;serif&quot;"><span style="font-size:14.0pt"><span style="font-family:&quot;Arial&quot;,&quot;sans-serif&quot;">Projects with accumulative capacity of 3,280 megawatts are under development and once they get complete, the national grid will have around 7,000 megawatts of electricity.&nbsp;&nbsp;</span></span></span></span></p>

<p><span style="font-size:12pt"><span style="font-family:&quot;Times New Roman&quot;,&quot;serif&quot;"><span style="font-size:14.0pt"><span style="font-family:&quot;Arial&quot;,&quot;sans-serif&quot;">The NEA is preparing to export around 1,200 mw of electricity in the coming monsoon.</span></span></span></span></p>

<p><span style="font-size:12pt"><span style="font-family:&quot;Times New Roman&quot;,&quot;serif&quot;"><span style="font-size:14.0pt"><span style="font-family:&quot;Arial&quot;,&quot;sans-serif&quot;">According to Independent Power Producers&#39; Association Nepal (IPPAN), some projects promoted by the private sector are in the phase of test production.</span></span></span></span></p>

<p><span style="font-size:12pt"><span style="font-family:&quot;Times New Roman&quot;,&quot;serif&quot;"><span style="font-size:14.0pt"><span style="font-family:&quot;Arial&quot;,&quot;sans-serif&quot;">Those projects will begin commercial production following the 15-day test production in the presence of NEA employees. The test production of the 19.8-mw Upper Solu River Hydropower Project promoted by Beni Hydropower is in the final phase. As informed by company&rsquo;s managing director Ganesh Karki, the project&#39;s power has been already connected to the national grid and the commercial production is likely within the next few days.&nbsp;</span></span></span></span></p>

<p><span style="font-size:12pt"><span style="font-family:&quot;Times New Roman&quot;,&quot;serif&quot;"><span style="font-size:14.0pt"><span style="font-family:&quot;Arial&quot;,&quot;sans-serif&quot;">Likewise, the 14.9-mw Mayakhola Project based in Sankhuwasabha district will be starting commercial production very soon.</span></span></span></span></p>

<p><span style="font-size:12pt"><span style="font-family:&quot;Times New Roman&quot;,&quot;serif&quot;"><span style="font-size:14.0pt"><span style="font-family:&quot;Arial&quot;,&quot;sans-serif&quot;">The 5-mw Rukumgad Project based in Rukum, the Sindhupalchowk-based Ghatte Khola Project of around one megawatt will be entering the phase of commercial production.</span></span></span></span></p>

<p><span style="font-size:12pt"><span style="font-family:&quot;Times New Roman&quot;,&quot;serif&quot;"><span style="font-size:14.0pt"><span style="font-family:&quot;Arial&quot;,&quot;sans-serif&quot;">The 54-mw Super Dordi &#39;B&#39; in Lamjung&nbsp; and the 2-mw Solar Power Project&nbsp; in Nawalparasi, 6.8-mw Solar Power Project in Morang and 10-mw in Banke have been already connected to the national grid.</span></span></span></span></p>

<p><span style="font-size:12pt"><span style="font-family:&quot;Times New Roman&quot;,&quot;serif&quot;"><span style="font-size:14.0pt"><span style="font-family:&quot;Arial&quot;,&quot;sans-serif&quot;">The NEA stated that the 10-mw capacity Makarigad Project also started commercial production from this year. Based in Darchula, this project has contributed in managing power supply in the Sudurpaschim Province.</span></span></span></span></p>

<p><span style="font-size:12pt"><span style="font-family:&quot;Times New Roman&quot;,&quot;serif&quot;"><span style="font-size:14.0pt"><span style="font-family:&quot;Arial&quot;,&quot;sans-serif&quot;">NEA Executive Director Kulman Ghising has directed the construction companies concerned to complete the construction of Rasuwagadhi, Sanjen and Mid Bhotekoshi hydel projects by the end of the current fiscal year. These projects are being constructed through the public-private partnership model.</span></span></span></span></p>

<p><span style="font-size:12pt"><span style="font-family:&quot;Times New Roman&quot;,&quot;serif&quot;"><span style="font-size:14.0pt"><span style="font-family:&quot;Arial&quot;,&quot;sans-serif&quot;">The Rasuwagadhi project has a total capacity of 111 megawatts, the Upper and Lower Sanjen 57 megawatts and the Mid Bhotekoshi project 102 megawatts. Once the power produced from these projects is connected to the national grid, it would make a positive impact on the power supply sector.</span></span></span></span></p>

<p><span style="font-size:12pt"><span style="font-family:&quot;Times New Roman&quot;,&quot;serif&quot;"><span style="font-size:14.0pt"><span style="font-family:&quot;Arial&quot;,&quot;sans-serif&quot;">NEA had exported 425 megawatts electricity to India in the year 2079 BS. It has made an income equivalent to Rs 8.44 billion in the current fiscal year through power export alone. Preparations are being made to export 1,200 megawatts of excess electricity in this fiscal year.</span></span></span></span></p>

<p><span style="font-size:12pt"><span style="font-family:&quot;Times New Roman&quot;,&quot;serif&quot;"><span style="font-size:14.0pt"><span style="font-family:&quot;Arial&quot;,&quot;sans-serif&quot;">Important talks were held in the year 2079 BS with India for power trade. An agreement has also been reached with Bangladesh for exporting 50 megawatts of energy initially.</span></span></span></span></p>

<p><span style="font-size:12pt"><span style="font-family:&quot;Times New Roman&quot;,&quot;serif&quot;"><span style="font-size:14.0pt"><span style="font-family:&quot;Arial&quot;,&quot;sans-serif&quot;">The process of constructing the New Butwal-Gorakhpur 400 kV transmission line has moved ahead. The government has registered a company and forwarded the process of building the 1,200 megawatt capacity Budhi Gandaki Hydroelectric Project.&nbsp;</span></span></span></span></p>

<p><span style="font-size:12pt"><span style="font-family:&quot;Times New Roman&quot;,&quot;serif&quot;"><span style="font-size:14.0pt"><span style="font-family:&quot;Arial&quot;,&quot;sans-serif&quot;">Indian companies have shown interest in constructing some big projects. The Indian company, NHPC, has moved ahead with the necessary process for the construction of the 750-mw-capacity West Seti and the 450-mw Seti River-6 Project.</span></span></span></span></p>

<p><span style="font-size:12pt"><span style="font-family:&quot;Times New Roman&quot;,&quot;serif&quot;"><span style="font-size:14.0pt"><span style="font-family:&quot;Arial&quot;,&quot;sans-serif&quot;">Foreign investment has been gradually attracted in the energy sector. In the same way, the domestic investors are preparing to go ahead with the construction of projects with the capacity of generating 1,553 mw power, IPPAN&#39;s executive member Prakash Dulal said.</span></span></span></span></p>

<p><span style="font-size:12pt"><span style="font-family:&quot;Times New Roman&quot;,&quot;serif&quot;"><span style="font-size:14.0pt"><span style="font-family:&quot;Arial&quot;,&quot;sans-serif&quot;">The total production capacity of the under-construction projects and those that are in the process of construction is 4,834 mw. Electricity has reached nearly 96.5 percent of households in Nepal.</span></span></span></span></p>

<p><span style="font-size:12pt"><span style="font-family:&quot;Times New Roman&quot;,&quot;serif&quot;"><span style="font-size:14.0pt"><span style="font-family:&quot;Arial&quot;,&quot;sans-serif&quot;">Amid this backdrop, the year 2079 BS has become an important year for the development and expansion of the energy sector. -- RSS</span></span></span></span></p>

<p>&nbsp;</p>
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			'id' => '17589',
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			'title' => 'Online Revenue Collection Halted due to Server Problem',
			'sub_title' => '',
			'summary' => 'April 18: Revenue collection of the government has been affected due to problems in the server related to revenue. ',
			'content' => '<p><span style="font-size:12pt"><span style="font-family:&quot;Times New Roman&quot;,&quot;serif&quot;"><span style="font-size:15.0pt"><span style="font-family:&quot;Arial&quot;,&quot;sans-serif&quot;">April 18: Revenue collection of the government has been affected due to problems in the server related to revenue. The Financial Comptroller General Office (FCGO) said that the government&rsquo;s revenue collection was halted from </span></span><span style="font-size:15.0pt"><span style="font-family:&quot;Arial Unicode MS&quot;,&quot;sans-serif&quot;">11:00</span></span><span style="font-size:15.0pt"><span style="font-family:&quot;Arial&quot;,&quot;sans-serif&quot;"> am to </span></span><span style="font-size:15.0pt"><span style="font-family:&quot;Arial Unicode MS&quot;,&quot;sans-serif&quot;">1:00</span></span><span style="font-size:15.0pt"><span style="font-family:&quot;Arial&quot;,&quot;sans-serif&quot;"> am on Monday as the served went down.</span></span></span></span></p>

<p><span style="font-size:12pt"><span style="font-family:&quot;Times New Roman&quot;,&quot;serif&quot;"><span style="font-size:15.0pt"><span style="font-family:&quot;Arial Unicode MS&quot;,&quot;sans-serif&quot;">&quot;</span></span><span style="font-size:15.0pt"><span style="font-family:&quot;Arial&quot;,&quot;sans-serif&quot;">We apologize for the inconvenience caused by the system error related to RMIA, TSA, CGAS, Sutra, PAMS and other systems operated by this office from </span></span><span style="font-size:15.0pt"><span style="font-family:&quot;Arial Unicode MS&quot;,&quot;sans-serif&quot;">11:00</span></span><span style="font-size:15.0pt"><span style="font-family:&quot;Arial&quot;,&quot;sans-serif&quot;"> am to </span></span><span style="font-size:15.0pt"><span style="font-family:&quot;Arial Unicode MS&quot;,&quot;sans-serif&quot;">1:00</span></span><span style="font-size:15.0pt"><span style="font-family:&quot;Arial&quot;,&quot;sans-serif&quot;"> am on Monday (April 17),&quot; reads a notice issued by the FCGO.</span></span></span></span></p>

<p><span style="font-size:12pt"><span style="font-family:&quot;Times New Roman&quot;,&quot;serif&quot;"><span style="font-size:15.0pt"><span style="font-family:&quot;Arial&quot;,&quot;sans-serif&quot;">Gayatri Raman Khanal, information officer of the FCGO, said that the server was operational after </span></span><span style="font-size:15.0pt"><span style="font-family:&quot;Arial Unicode MS&quot;,&quot;sans-serif&quot;">1:00</span></span><span style="font-size:15.0pt"><span style="font-family:&quot;Arial&quot;,&quot;sans-serif&quot;"> pm, but was not fully operational. </span></span></span></span></p>

<p><span style="font-size:12pt"><span style="font-family:&quot;Times New Roman&quot;,&quot;serif&quot;"><span style="font-size:15.0pt"><span style="font-family:&quot;Arial&quot;,&quot;sans-serif&quot;">&ldquo;The server was completely down for three hours on Monday. When it came into operation after </span></span><span style="font-size:15.0pt"><span style="font-family:&quot;Arial Unicode MS&quot;,&quot;sans-serif&quot;">1</span></span><span style="font-size:15.0pt"><span style="font-family:&quot;Arial&quot;,&quot;sans-serif&quot;"> o&#39;clock, it was slow because many people were using the server at the same time,&rdquo; said Khanal.</span></span></span></span></p>

<p><span style="font-size:12pt"><span style="font-family:&quot;Times New Roman&quot;,&quot;serif&quot;"><span style="font-size:15.0pt"><span style="font-family:&quot;Arial&quot;,&quot;sans-serif&quot;">According to him, the online revenue collection was halted on Monday due to the problem in the government server. He said that even cheques issued could not be cashed while revenue collection was completely halted for some time.</span></span></span></span></p>

<p>&nbsp;</p>

<p>&nbsp;</p>
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			'title' => 'Patan High Court Issues Diktat not to Implement Decision to Use Dozers in Squatter Settlements',
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			'summary' => 'The Patan High Court has issued an interim order in the name of concerned authorities not to immediately implement the decision to use dozers in landless squatter settlements on the banks of various rivers in Kathmandu Valley. ',
			'content' => '<p><br />
<span style="font-size:20px">April 18: The Patan High Court has issued an interim order in the name of concerned authorities not to immediately implement the decision to use dozers in landless squatter settlements on the banks of various rivers in Kathmandu.&nbsp;</span></p>

<p><span style="font-size:20px">A division bench of judges Durga Bahadur Bishwakarma and Dipendra Adhikari handed down the order. Giving continuity to the interim order given by the single bench of Judge Dhir Bahadur Chand on March 31, the Court has summoned both sides for a discussion on April 26.&nbsp;</span></p>

<p><span style="font-size:20px">The Court has issued the interim order not to immediately implement the notice issued by the Kathmandu Metropolitan City on March 25 to vacate the settlements located on the banks of various rivers.&nbsp; </span></p>

<p><span style="font-size:20px">With the continuation of the interim order, the settlement removal process has been stopped for the time being. ---RSS&nbsp;</span></p>
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	(int) 2 => array(
		'Article' => array(
			'id' => '17587',
			'article_category_id' => '274',
			'title' => 'Minister Mahat Calls for Collaborative Efforts to Do Away With Economic Woes ',
			'sub_title' => '',
			'summary' => 'Minister for Finance Dr Prakash Sharan Mahat stressed that that the government and private sector should collaborate to remove difficulties facing the country’s economy.',
			'content' => '<p><span style="font-size:20px">&nbsp;April 18: Minister for Finance Dr Prakash Sharan Mahat stressed that that the government and private sector should collaborate to remove difficulties facing the country&rsquo;s economy.</span></p>

<p><span style="font-size:20px">Congratulating the newly elected office-bearers of the Federation of Nepalese Chambers of Commerce and Industry (FNCCI) in Kathmandu on Monday, Minister Mahat asserted that the government and private sector should support each other to overcome problems seen in the economy.</span></p>

<p><span style="font-size:20px">&quot;The entrepreneurs and businessmen feel uncomfortable, difficult and pressurized at present. I understand there are some obstacles and disturbances. The government and private sector should work together to remove these hardships,&quot; Mahat emphasized.&nbsp;</span></p>

<p><span style="font-size:20px">Minister Dr Mahat admitted that the government has not been able to deliver as it should. &quot;We, from political leadership to bureaucracy should admit it. I am ready to admit it. We must bring about good changes in the economy. There is a challenge to increase efficiency of the country,&quot; the Minister opined.</span></p>

<p><span style="font-size:20px">&nbsp;The Minister shared that he had held formal and informal discussions with the leadership of the Nepal Rastra Bank to revitalize the national economy.&nbsp;</span></p>

<p><span style="font-size:20px">Dr Mahat said that the Nepal Bankers&#39; Association(NBA) decision to lower the interest rates on deposits starting from Baisakh 1 of New Year 2080 would help ease the economic difficulties facing the country.&nbsp;</span></p>

<p><span style="font-size:20px">&quot;I request to the private sector to disclose the realities. I will try my best to solve your problems through monetary policy,&quot; Mahat held.&nbsp;</span></p>

<p>&nbsp;</p>
',
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			'created' => '2023-04-18',
			'modified' => '2023-04-18',
			'keywords' => '',
			'description' => '',
			'sortorder' => '17322',
			'image' => '20230418062106_collage (77).jpg',
			'article_date' => '2023-04-18 06:11:35',
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	(int) 3 => array(
		'Article' => array(
			'id' => '17586',
			'article_category_id' => '1',
			'title' => 'Nabil Bank CEO Dhungana Felicitated with ‘Prabal Janasewa Shree Award’ ',
			'sub_title' => '',
			'summary' => 'Gyanendra Prasad Dgungana, Chief Executive Officer (CEO) of Nabil Bank, has been honoured with prestigious ‘Prabal Janasewa Shree medal’. In recognition of his outstanding contribution to the banking sector in Nepal, President Ram Chandra Poudel conferred Dhungana with ‘Prabal Janasewa Shree medal’. ',
			'content' => '<p><span style="font-size:20px">April 17: Gyanendra Prasad Dgungana, Chief Executive Officer (CEO) of Nabil Bank, has been honoured with prestigious &lsquo;Prabal Janasewa Shree medal&rsquo;.&nbsp;</span></p>

<p><span style="font-size:20px">In recognition of his outstanding contribution to the banking sector in Nepal, President Ram Chandra Poudel conferred Dhungana with &lsquo;Prabal Janasewa Shree medal&rsquo;.&nbsp;</span></p>

<p><span style="font-size:20px">The medal was awarded to CEO Dhungana on the occasion of Constitution Day of 2079 and distributed to him on the occasion of New Year 2080.&nbsp;</span></p>

<p><span style="font-size:20px">Dhungana has more than 25 years of experience in the banking sector. He has been leading the Nabil Bank as the CEO since Ashad 2079 after the merger of the then Nepal Bangladesh Bank with Nabil Bank. Prior to this, Dhungana served as the CEO of Nepal Bangladesh Bank for ten years.&nbsp;</span></p>

<p><span style="font-size:20px">Additionally, Dhungana has served as the President of Nepal Bankers&rsquo; Association. He has also worked as a Director of Nepal Rastra Bank.&nbsp;</span></p>

<p><span style="font-size:20px">Dhungana has finished Chartered Accountancy (CA) from India, Certificate Public Accountant (CPA) from Australia and has Master&rsquo;s in Financial Analysis.&nbsp;</span><br />
&nbsp;</p>
',
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			'created' => '2023-04-17',
			'modified' => '2023-04-17',
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			'description' => '',
			'sortorder' => '17321',
			'image' => '20230417045029_collage - 2023-04-17T165027.664.jpg',
			'article_date' => '2023-04-17 16:47:44',
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	(int) 4 => array(
		'Article' => array(
			'id' => '17585',
			'article_category_id' => '1',
			'title' => 'FAQs Related to Start-Up Loan',
			'sub_title' => '',
			'summary' => 'April 17: After the Department of Industry called for proposals from eligible companies seeking start-up loans, more than half a dozen questions have been asked several times in connection with the loan procedure.',
			'content' => '<p><span style="font-size:12pt"><span style="font-family:&quot;Times New Roman&quot;,&quot;serif&quot;"><span style="font-size:15.0pt"><span style="font-family:&quot;Arial&quot;,&quot;sans-serif&quot;">April 17: After the Department of Industry called for proposals from eligible companies seeking start-up loans, more than half a dozen questions have been asked several times in connection with the loan procedure.</span></span></span></span></p>

<p><span style="font-size:12pt"><span style="font-family:&quot;Times New Roman&quot;,&quot;serif&quot;"><span style="font-size:15.0pt"><span style="font-family:&quot;Arial&quot;,&quot;sans-serif&quot;">One of the frequently raised question is &ndash; why are the companies registered under PAN ineligible to receive the start-up loan.</span></span></span></span></p>

<p><span style="font-size:12pt"><span style="font-family:&quot;Times New Roman&quot;,&quot;serif&quot;"><span style="font-size:15.0pt"><span style="font-family:&quot;Arial&quot;,&quot;sans-serif&quot;">The department said those submitting proposals asking a wide range of questions such as whether the interest rate will increase later or not.</span></span></span></span></p>

<p><span style="font-size:12pt"><span style="font-family:&quot;Times New Roman&quot;,&quot;serif&quot;"><span style="font-size:15.0pt"><span style="font-family:&quot;Arial&quot;,&quot;sans-serif&quot;">The department has responded by publishing the answers to the frequently asked questions (FAQs) on its official website doind.gov.np. The department had issued a notice on March 30 and called for proposals within </span></span><span style="font-size:15.0pt"><span style="font-family:&quot;Arial Unicode MS&quot;,&quot;sans-serif&quot;">21</span></span><span style="font-size:15.0pt"><span style="font-family:&quot;Arial&quot;,&quot;sans-serif&quot;"> days to take such loans. </span></span></span></span></p>

<p><span style="font-size:12pt"><span style="font-family:&quot;Times New Roman&quot;,&quot;serif&quot;"><span style="font-size:15.0pt"><span style="font-family:&quot;Arial&quot;,&quot;sans-serif&quot;">While proposing for start-up loan projects, questions have been asked such as why a single shareholder cannot propose for a start-up loan and why the companies registered with the permanent account number (PAN), ward or a local body cannot propose for such a loan.</span></span></span></span></p>

<p><span style="font-size:12pt"><span style="font-family:&quot;Times New Roman&quot;,&quot;serif&quot;"><span style="font-size:15.0pt"><span style="font-family:&quot;Arial&quot;,&quot;sans-serif&quot;">Similarly, the other FAQ include whether or not such loan can be given to an organization which has added shareholders after amendment, whether they will get this loan if they have already taken a loan from another bank, how many installments the loan has to be paid (annually or monthly), will the interest rate increase from </span></span><span style="font-size:15.0pt"><span style="font-family:&quot;Arial Unicode MS&quot;,&quot;sans-serif&quot;">3</span></span><span style="font-size:15.0pt"><span style="font-family:&quot;Arial&quot;,&quot;sans-serif&quot;"> percent later and how many people will get a start-up loan? The department mentioned that such questions were asked during the project proposal.</span></span></span></span></p>

<p><span style="font-size:12pt"><span style="font-family:&quot;Times New Roman&quot;,&quot;serif&quot;"><span style="font-size:15.0pt"><span style="font-family:&quot;Arial&quot;,&quot;sans-serif&quot;">The department has tried to dispel the doubts by giving clear answers to the questions raised in the proposals repeatedly.</span></span></span></span></p>

<p><span style="font-size:12pt"><span style="font-family:&quot;Times New Roman&quot;,&quot;serif&quot;"><span style="font-size:15.0pt"><span style="font-family:&quot;Arial&quot;,&quot;sans-serif&quot;">The department clarified that a single shareholder cannot be offered the start-up loan as it is targeted at a group of entrepreneurs with the latest thinking, knowledge, skills and abilities. Similarly, partnership firms and companies can submit proposals for such loans as there is a provision in the &#39;Start-up Business Loan Disbursement Procedure </span></span><span style="font-size:15.0pt"><span style="font-family:&quot;Arial Unicode MS&quot;,&quot;sans-serif&quot;">2079</span></span><span style="font-size:15.0pt"><span style="font-family:&quot;Arial&quot;,&quot;sans-serif&quot;">&#39; that only such companies are considered eligible for loans.</span></span></span></span></p>

<p><span style="font-size:12pt"><span style="font-family:&quot;Times New Roman&quot;,&quot;serif&quot;"><span style="font-size:15.0pt"><span style="font-family:&quot;Arial&quot;,&quot;sans-serif&quot;">Similarly, on the question of whether to give loans to those who have added shareholders after amendment, the department said that the organisations that did so before they issued the notice on March 30 can avail such loan but those who amended their statute after the notice was released will not get this loan.</span></span></span></span></p>

<p><span style="font-size:12pt"><span style="font-family:&quot;Times New Roman&quot;,&quot;serif&quot;"><span style="font-size:15.0pt"><span style="font-family:&quot;Arial&quot;,&quot;sans-serif&quot;">Similarly, the department has mentioned that women are also among the target group of start-up enterprise loans. </span></span></span></span></p>

<p><span style="font-size:12pt"><span style="font-family:&quot;Times New Roman&quot;,&quot;serif&quot;"><span style="font-size:15.0pt"><span style="font-family:&quot;Arial&quot;,&quot;sans-serif&quot;">Similarly, in relation to the question of how many installments the loan should be paid (annually or monthly), the department said it will be according to the rules of the bank providing the loan. The department further said that the interest rate of the loan will be limited to </span></span><span style="font-size:15.0pt"><span style="font-family:&quot;Arial Unicode MS&quot;,&quot;sans-serif&quot;">3</span></span><span style="font-size:15.0pt"><span style="font-family:&quot;Arial&quot;,&quot;sans-serif&quot;"> percent as such loans will flow for a maximum period of </span></span><span style="font-size:15.0pt"><span style="font-family:&quot;Arial Unicode MS&quot;,&quot;sans-serif&quot;">7</span></span><span style="font-size:15.0pt"><span style="font-family:&quot;Arial&quot;,&quot;sans-serif&quot;"> years. </span></span></span></span></p>

<p><span style="font-size:12pt"><span style="font-family:&quot;Times New Roman&quot;,&quot;serif&quot;"><span style="font-size:15.0pt"><span style="font-family:&quot;Arial&quot;,&quot;sans-serif&quot;">The department called for submission of proposals on March 30 after the procedure was approved on March 24. </span></span></span></span></p>

<p><span style="font-size:12pt"><span style="font-family:&quot;Times New Roman&quot;,&quot;serif&quot;"><span style="font-size:15.0pt"><span style="font-family:&quot;Arial&quot;,&quot;sans-serif&quot;">The procedure covers loans for </span></span><span style="font-size:15.0pt"><span style="font-family:&quot;Arial Unicode MS&quot;,&quot;sans-serif&quot;">14 </span></span><span style="font-size:15.0pt"><span style="font-family:&quot;Arial&quot;,&quot;sans-serif&quot;">different sectors related to agriculture, tourism, infrastructure, mining and minerals, automobiles and garbage and waste management and environment which fall under start-up enterprises. </span></span></span></span></p>

<p>&nbsp;</p>

<p>&nbsp;</p>
',
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			'image' => '20230417042206_1681708614.Start Up.jpeg',
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	(int) 5 => array(
		'Article' => array(
			'id' => '17584',
			'article_category_id' => '266',
			'title' => 'Yamaha Launches Aerox 155, the Fastest Ultimate Scooter, in Nepal',
			'sub_title' => '',
			'summary' => 'MAW Enterprises, the authorized distributor of Yamaha Motorbikes and Scooters in Nepal, has launched the highly anticipated Yamaha Aerox 155, the ultimate Scooter in Nepal. ',
			'content' => '<p><span style="font-size:20px">April 17: &nbsp;MAW Enterprises, the authorized distributor of Yamaha Motorbikes and Scooters in Nepal, has launched the highly anticipated Yamaha Aerox 155, the ultimate Scooter in Nepal.&nbsp;</span></p>

<p><span style="font-size:20px">With its distinctive and sleek aerodynamic sporty design, the Aerox 155 complements the sense of speed and power, setting new standards for performance, style, and riding experience.</span></p>

<p><span style="font-size:20px">The Yamaha Aerox 155 features a liquid-cooled engine, making it Nepal&#39;s fastest Scooter with a top speed of 120 km/hr. Its &ldquo;R&rdquo; DNA engine of 155cc dishes out 15 bhp, providing riders with an unparalleled sense of speed and power. </span></p>

<p><span style="font-size:20px">The front LED headlights offer excellent night-time visibility, and the rear tail light has 12 compact LEDs that give out a 3D appearance, adding a touch of modernity to the bike&#39;s aesthetics.</span></p>

<p><span style="font-size:20px">The Aerox 155&#39;s 5.8-inch LCD instrument screen displays several features such as a speedometer, RPM, and VVA indicator, making it easy for riders &nbsp;keep track of important information while on the road.</span></p>

<p><span style="font-size:20px">Additionally, the scooter comes equipped with Yamaha Y-Connect, which can be connected to the rider&#39;s smartphone via an associated app, allowing riders to track things like maintenance intervals, malfunction notifications, mileage, battery level, and parking location.</span></p>

<p><span style="font-size:20px">Despite its sporty design, the Yamaha Aerox 155 is quite spacious and comes with practical 24.5-liter under-seat storage. It also offers a host of advanced technology, such as variable valve actuation (VVA), idle stop-start function aiding in fuel consumption, and front disc brake with ABS for enhanced safety.&nbsp;</span></p>

<p><span style="font-size:20px">The Aerox 155&#39;s superior quality materials ensure durability and dependability, providing a long-lasting and delightful ownership experience. The Yamaha Aerox 155 is available in three different colors: Racing Blue, Grey Vermillion, and Metallic Black at a starting price of Rs. 474,900, and customers can and book and buy the scooter from the official showrooms of Yamaha.&nbsp;</span></p>

<p><span style="font-size:20px">Raju Chhetri, CEO of Maw Enterprises said, &ldquo;The Aerox 155 is a game-changer in the Scooter market of Nepal, setting new standards for performance, style, and riding experience for both beginners and pro riders&rdquo;.</span></p>

<p><span style="font-size:20px">With scooter&rsquo;s powerful engine, advanced technology, and sleek design, the Yamaha Aerox 155 will be liked&nbsp;by the two-wheeler lovers in Nepal, Chhetri expressed confidence.&nbsp;</span><br />
&nbsp;</p>
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	(int) 6 => array(
		'Article' => array(
			'id' => '17583',
			'article_category_id' => '266',
			'title' => 'Over 150K People Attend Purple Saturday',
			'sub_title' => '',
			'summary' => 'April 17: Purple Saturday, co-organized by Ncell on the occasion of the 16th Durbar Marg Street Festival on April 15, was held in a grand manner, Ncell said in a statement.',
			'content' => '<p><span style="font-size:18px"><span style="font-family:Calibri,&quot;sans-serif&quot;"><span style="font-family:&quot;Arial Unicode MS&quot;,&quot;sans-serif&quot;">April 17: Purple Saturday, co-organized by Ncell on the occasion of the 16<sup>th</sup> Durbar Marg Street Festival on April 15, was held in a grand manner, Ncell said in a statement.</span></span></span></p>

<p><span style="font-size:18px"><span style="font-family:Calibri,&quot;sans-serif&quot;"><span style="font-family:&quot;Arial Unicode MS&quot;,&quot;sans-serif&quot;">The street festival was organized with the motive of promoting goods made in Nepal and to preserve the culture.</span></span></span></p>

<p><span style="font-size:18px"><span style="font-family:Calibri,&quot;sans-serif&quot;"><span style="font-family:&quot;Arial Unicode MS&quot;,&quot;sans-serif&quot;">The event was organized in a collaboration between the Federation of Nepalese Chambers of Commerce and Industry (FNCCI), Durbar Marg Development Board, Restaurant and Bar Association of Nepal (REBAN) and Ncell, which was also the main sponsor of the event.</span></span></span></p>

<p><span style="font-size:18px"><span style="font-family:Calibri,&quot;sans-serif&quot;"><span style="font-family:&quot;Arial Unicode MS&quot;,&quot;sans-serif&quot;">Minister for Culture, Tourism and Civil Aviation Sudan Kirati, FNCCI President Chandra Dhakal, FNCCI Senior Vice President Anjan Shrestha, Ncell&rsquo;s CEO Andy Chong along with representatives of Durbar Marg Development Board and REBAN jointly inaugurated the festival.</span></span></span></p>

<p><span style="font-size:18px"><span style="font-family:Calibri,&quot;sans-serif&quot;"><span style="font-family:&quot;Arial Unicode MS&quot;,&quot;sans-serif&quot;">The organisers believe that this festival will help in promoting domestic tourism and also support small and cottage industries as well as the tourism industry of Nepal.</span></span></span></p>

<p><span style="font-size:18px"><span style="font-family:Calibri,&quot;sans-serif&quot;"><span style="font-family:&quot;Arial Unicode MS&quot;,&quot;sans-serif&quot;">Popular musical bands like Kutumba, Deepak Bajracharya and Rhythm Band along with singers Trishala Gurung, Aawiskar KC, Rohit Shakya, Lahure and The Elements performed during the Purple Saturday event.</span></span></span></p>

<p><span style="font-size:18px"><span style="font-family:Calibri,&quot;sans-serif&quot;"><span style="font-family:&quot;Arial Unicode MS&quot;,&quot;sans-serif&quot;">According to the organisers, more than 150,000 people attended the event. </span></span></span></p>

<p>&nbsp;</p>

<p>&nbsp;</p>
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	(int) 7 => array(
		'Article' => array(
			'id' => '17582',
			'article_category_id' => '1',
			'title' => 'Foggy Weather Condition to Persist for Three More Days',
			'sub_title' => 'Kathmandu Tops the List of Most Polluted City in the World: AIQ',
			'summary' => 'April 17: Air pollution has been increasing all over the country, including the Kathmandu valley, due to the wild fires that have been raging in various parts of the country for the past few days.',
			'content' => '<p><span style="font-size:18px"><span style="font-family:Calibri,&quot;sans-serif&quot;">April 17: Air pollution has been increasing all over the country, including the Kathmandu valley, due to the wild fires that have been raging in various parts of the country for the past few days. </span></span></p>

<p><span style="font-size:18px"><span style="font-family:Calibri,&quot;sans-serif&quot;">The foggy condition of air due to pollution will persists for three more days, according to experts.</span></span></p>

<p><span style="font-size:18px"><span style="font-family:Calibri,&quot;sans-serif&quot;">The Department of Hydrology and Meteorology has said that the pollution will remain stable for a few more days as there is no chance of wind and rainfall to remove the pollution.</span></span></p>

<p><span style="font-size:18px"><span style="font-family:Calibri,&quot;sans-serif&quot;">According to the division, the air pollution is high because there has been no rainfall in some parts of the country for a long time and there have been forest fires in many places.</span></span></p>

<p><span style="font-size:18px"><span style="font-family:Calibri,&quot;sans-serif&quot;">Shankar Prasad Paudel, spokesperson for the Department of Environment, said that the pollutants have accumulated near the surface due to lack of rain and low pressure of wind along with the smoke emitted from the fires.</span></span></p>

<p><span style="font-size:18px"><span style="font-family:Calibri,&quot;sans-serif&quot;">He said that the satellite images have shown that pollution in the Kathmandu Valley has increased due to the smoke emitted from Bara, Parsa and Chitwan. </span></span></p>

<p><span style="font-size:18px"><span style="font-family:Calibri,&quot;sans-serif&quot;">The amount of pollution in the Kathmandu valley has increased because the air coming to Kathmandu from Bara, Parsa and Chitwan through the Bagmati Corridor cannot flow elsewhere.</span></span></p>

<p><span style="font-size:18px"><span style="font-family:Calibri,&quot;sans-serif&quot;">The department has urged people to take precautions to avoid pollution. As the air pollution is increasing, the department has urged the people to avoid going outside as much as possible and use face masks and glasses if one has to go out.</span></span></p>

<p><span style="font-size:18px"><span style="font-family:Calibri,&quot;sans-serif&quot;">Dr Dharma Upreti, a climate and environmental expert, suggested that everyone must use masks and should not go out of the house except for essential work. He also said that it will take a few more days for the weather to become clear again.</span></span></p>

<p><span style="font-size:18px"><span style="font-family:Calibri,&quot;sans-serif&quot;">Paudel, the spokesperson of the Department of Environment, said that health hazards such as blood pressure, heart problems, cancer and other health problems are likely to increase due to air pollution.</span></span></p>

<p><span style="font-size:18px"><span style="font-family:Calibri,&quot;sans-serif&quot;">Flights have also been affected across the country due to the polluted air. According to the Tribhuvan International Airport Office, flights at domestic airports were affected on Sunday due to low visibility. International flights from Kathmandu are said to be normal. </span></span></p>

<p><span style="font-size:18px"><span style="font-family:Calibri,&quot;sans-serif&quot;">According to IQ Air, an organization which measures the amount of air pollution across the world, the air quality indicator on Sunday showed that the Kathmandu Valley was ranked first in the world in terms of air pollution.</span></span></p>

<p><span style="font-size:18px"><span style="font-family:Calibri,&quot;sans-serif&quot;">According to IQAir, there was more air pollution in Bhaktapur and Lalitpur on Sunday. In these places, the air quality measurement indicator iQAir was above 200. </span></span></p>

<p><span style="font-size:18px"><span style="font-family:Calibri,&quot;sans-serif&quot;">Similarly, the air in Kirtipur, Ratnapark, Madhyapur Thimi, Hetauda and Dhankuta was unhealthy. In these areas, the air quality measurement indicator iQAir reached almost 200. </span></span></p>

<p><span style="font-size:18px"><span style="font-family:Calibri,&quot;sans-serif&quot;">If the AIQ is more than 50, the people of poor health group is at risk, although the measurement from 51 to 100 is considered normal. But if the AIQ is above 100, it is unhealthy for everyone. Air pollution is considered to be dangerous if the AIQ reaches above 300. </span></span></p>

<p><span style="font-size:18px"><span style="font-family:Calibri,&quot;sans-serif&quot;">Paudel, the spokesperson of the environment department, informed that if there is no rain or if there is no strong wind, the air pollution in the country including the valley will not decrease and the risk of pollution will continue for a few more days. </span></span></p>

<p>&nbsp;</p>

<p>&nbsp;</p>

<p>&nbsp;</p>
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			'id' => '17581',
			'article_category_id' => '1',
			'title' => 'Minister Orders to Investigate Malpractice Involving Land Revenue Office Staff   ',
			'sub_title' => '',
			'summary' => 'April 17: Minister for Land Management, Cooperative and Poverty Alleviation Ranjita Shrestha has issued instruction to the concerned government officials to immediately investigate the matter related to the involvement of the employees at the Land Revenue Office, Kaski in financial malpractice.    ',
			'content' => '<p><span style="font-size:18px"><span style="font-family:Calibri,&quot;sans-serif&quot;"><span style="font-family:&quot;Arial Unicode MS&quot;,&quot;sans-serif&quot;">April 17: Minister for Land Management, Cooperative and Poverty Alleviation Ranjita Shrestha has issued instruction to the concerned government officials to immediately investigate the matter related to the involvement of the employees at the Land Revenue Office, Kaski in financial malpractice.&nbsp;&nbsp;&nbsp;&nbsp; </span><br />
<span style="font-family:&quot;Arial Unicode MS&quot;,&quot;sans-serif&quot;">Minister Shrestha instructed Secretary Dr Damodar Regmi and Padma Nidhi Soti, the director-general of the Department of Land Management and Archives, to immediately carry out an investigation into the news about financial misconduct of the employees at the Land Revenue Office, Kaski, said Ramesh BK, Minister Shrestha&#39;s private secretary.&nbsp;&nbsp;&nbsp;&nbsp; </span><br />
<span style="font-family:&quot;Arial Unicode MS&quot;,&quot;sans-serif&quot;">The local media had carried news a few days exposing the financial malpractices of the employees at the Land Revenue Office, Kaski who work in syndicate to cheat the service seekers.</span></span></span></p>

<p><span style="font-size:18px"><span style="font-family:Calibri,&quot;sans-serif&quot;"><span style="font-family:&quot;Arial Unicode MS&quot;,&quot;sans-serif&quot;">Minister Shrestha has issued directives to probe this incident and take departmental action against those employees found guilty. The minister has also instructed to find out additional facts and truths. -- RSS&nbsp;&nbsp; </span></span></span></p>
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	(int) 9 => array(
		'Article' => array(
			'id' => '17580',
			'article_category_id' => '1',
			'title' => 'RSP Chair Lamichhane's Driver Injured under Suspicious Circumstances',
			'sub_title' => '',
			'summary' => 'April 17: Rastriya Swatantra Party (RSP) Chairman Rabi Lamichhane's chauffeur has been found injured under suspicious circumstances. ',
			'content' => '<p><span style="font-size:18px"><span style="font-family:Calibri,&quot;sans-serif&quot;"><span style="font-family:&quot;Arial Unicode MS&quot;,&quot;sans-serif&quot;">April 17: Rastriya Swatantra Party (RSP) Chairman Rabi Lamichhane&#39;s chauffeur has been found injured under suspicious circumstances. He was reportedly injured in the wee hours today (April 17) after falling off a roof of the house where Lamichhane resides at Bharatpur metropolis-11, the start-owned RSS reported.&nbsp;&nbsp;&nbsp;&nbsp; </span><br />
<span style="font-family:&quot;Arial Unicode MS&quot;,&quot;sans-serif&quot;">According to the District Police Office, Chitwan, thirty-nine-year-old Dil Bahadur Thapa aka Shambhu from Bahrabise Municipality-3 in Sindhupalchok allegedly fell from the roof at around 4:00 am on Monday (April 17). He is being treated at the College of Medical Sciences Teaching Hospital (Old Medical College) Bharatpur.&nbsp;&nbsp;&nbsp;&nbsp; </span><br />
<span style="font-family:&quot;Arial Unicode MS&quot;,&quot;sans-serif&quot;">According to the police, he has sustained severe injuries to his head and legs. Further investigation into the case is underway.&nbsp;&nbsp;&nbsp;&nbsp; </span></span></span><br />
&nbsp;</p>
',
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			'created' => '2023-04-17',
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			'description' => '',
			'sortorder' => '17315',
			'image' => '20230417011459_rabi.jpg',
			'article_date' => '2023-04-17 13:14:12',
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	(int) 10 => array(
		'Article' => array(
			'id' => '17579',
			'article_category_id' => '1',
			'title' => 'Perennial Problem of Fertilizer Shortage in Nepal',
			'sub_title' => '',
			'summary' => 'April  17: It has become a regular phenomenon for Nepali farmers to face extreme shortage of chemical fertilizers every year during the main planting season. ',
			'content' => '<p><span style="font-size:18px"><span style="font-family:&quot;Times New Roman&quot;,&quot;serif&quot;">April&nbsp; 17: It has become a regular phenomenon for Nepali farmers to face extreme shortage of chemical fertilizers every year during the main planting season. According to government authorities, they often fail to import fertilizer on time due to lack of adequate budget for fertilizer procurement, failure of procurement process and lack of provision for back-up tenders.</span></span></p>

<p><span style="font-size:18px"><span style="font-family:&quot;Times New Roman&quot;,&quot;serif&quot;">The adverse effect of fertilizer shortage has also started to be seen in Nepal&#39;s gross domestic product (GDP) in recent years. During the last decade, the contribution of agriculture sector in GDP decreased from 32.7 percent to 23.9 percent. According to the Ministry of Agriculture and Livestock Development, 700,000 metric tons of chemical fertilizers are required per year for a total of 3.391 million hectares of land. At least a minimum of 520,000 metric tons of fertilizer is required in a year even if it is used less in amount. However, the ministry&#39;s data shows that not more than 400,000 metric tons of chemical fertilizers have been supplied in any year in the last seven years.</span></span></p>

<p><span style="font-size:18px"><span style="font-family:&quot;Times New Roman&quot;,&quot;serif&quot;">Although tenders were issued for the purchase of 331,500 metric tons of fertilizer till the 8th month of the current fiscal year, it seems that only 159,000 tons have been supplied. At this pace, it is not possible to import all the remaining fertilizers in the next three months. Stakeholders say that fertilizer could not be supplied on time due to the weakness of government policies and regulations. Joint Secretary of the Agriculture Development Division under the Ministry of Agriculture and Livestock Development Dr. Rajendra Prasad Mishra said that in terms of the country&#39;s needs, the budget initially set aside by the government for the purchase of fertilizers is low. He says that even if the resources are confirmed later, it will prolong the procurement process.</span></span></p>

<p><span style="font-size:18px"><span style="font-family:&quot;Times New Roman&quot;,&quot;serif&quot;">Mishra says that there is no provision for adjusting the price increase, no budget management to arrange for backup tenders and buffer stock, and there is a problem in the supply of fertilizers. According to him, since 20 to 30 percent of the procurement process fails, such arrangements must be made in the budget to prevent supply disruption.</span></span></p>

<p><span style="font-size:18px"><span style="font-family:&quot;Times New Roman&quot;,&quot;serif&quot;">&ldquo;A bidding period of 45 days has been set for the purchase of fertilizer. If the bid is unsuccessful, the bid should be invited again with a period of 21 days, which prolongs the procurement process. The farming season in North India and Nepal is the same, due to which the port and rail transport services are under heavy pressure. Due to this, even the purchased fertilizers cannot be supplied to Nepal on time,&rdquo; Mishra told New Business Age.</span></span></p>

<p><span style="font-size:18px"><span style="font-family:&quot;Times New Roman&quot;,&quot;serif&quot;">Bishnu Pokhrel, managing director of Agricultural Inputs Company Limited says that the current tender period is too long to buy items whose prices change weekly, such as chemical fertilizers. He argues that the current tender period should be shortened to strengthen the supply. Pokhrel complains that even though the Agricultural Inputs Company has been taking initiatives for the amendment of the Procurement Act for the past 10 years, it has not been possible. He said, &ldquo;Until the Procurement Act is amended, the problem of delay in fertilizer supply will continue to persist in Nepal.&rdquo;</span></span></p>

<p><span style="font-size:18px"><span style="font-family:&quot;Times New Roman&quot;,&quot;serif&quot;">According to the Chemical Fertilizer Procurement Act, the supply chain for fertilizer procurement is 227 days from the date of issuing the tender notice to the delivery of the goods. According to the ministry, if the process is prolonged, it will take up to 260 days to deliver the fertilizer. Since the supply chain is very long, the process has to be started as early as October of the previous year to buy the fertilizer required in next May-June. </span></span></p>

<p><span style="font-size:18px"><span style="font-family:&quot;Times New Roman&quot;,&quot;serif&quot;">Joint Secretary Mishra says that instead of the method of buying fertilizers according to the budget, a policy and program should be implemented by determining the quantity of 500,000 to 600,000 metric tons of fertilizers to be supplied annually.</span></span></p>

<p>&nbsp;</p>
',
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			'modified' => '2023-04-17',
			'keywords' => '',
			'description' => '',
			'sortorder' => '17314',
			'image' => '20230417122222_1681709568.jpg',
			'article_date' => '2023-04-17 12:21:42',
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	(int) 11 => array(
		'Article' => array(
			'id' => '17578',
			'article_category_id' => '1',
			'title' => 'NTB Attends Travel Mart in Hanoi',
			'sub_title' => '',
			'summary' => 'April 17: Nepal Tourism Board and private sector businessmen of the country participated in the International Travel Mart (VITM 2023) which was successfully held in Hanoi.',
			'content' => '<p><span style="font-size:12pt"><span style="font-family:&quot;Times New Roman&quot;,&quot;serif&quot;"><span style="font-size:15.0pt"><span style="font-family:&quot;Arial&quot;,&quot;sans-serif&quot;">April 17: Nepal Tourism Board and private sector businessmen of the country participated in the International Travel Mart (VITM 2023) which was successfully held in Hanoi, the capital of Vietnam, from April 13 to 16. The four-day event was organized by the Vietnam Society of Travel Agents (VITA), a national tourism organization. </span></span></span></span></p>

<p><span style="font-size:12pt"><span style="font-family:&quot;Times New Roman&quot;,&quot;serif&quot;"><span style="font-size:15.0pt"><span style="font-family:&quot;Arial&quot;,&quot;sans-serif&quot;">On that occasion, stakeholders who came to the Nepal&rsquo;s stall asked questions about various tourist destinations, immigration policy and air network of Nepal.</span></span></span></span></p>

<p><span style="font-size:12pt"><span style="font-family:&quot;Times New Roman&quot;,&quot;serif&quot;"><span style="font-size:15.0pt"><span style="font-family:&quot;Arial&quot;,&quot;sans-serif&quot;">Rohini Khanal, manager of Nepal Tourism Board, said that since Nepal is a new destination for most of the Vietnamese, Nepal&#39;s presence in the fair helped in promoting tourism.</span></span></span></span></p>

<p><span style="font-size:12pt"><span style="font-family:&quot;Times New Roman&quot;,&quot;serif&quot;"><span style="font-size:15.0pt"><span style="font-family:&quot;Arial&quot;,&quot;sans-serif&quot;">She said that Vietnamese youth are excited to come to Nepal for adventure tourism. The number of tourists coming to Nepal from Vietnam is expected to increase in the future.</span></span></span></span></p>

<p><span style="font-size:12pt"><span style="font-family:&quot;Times New Roman&quot;,&quot;serif&quot;"><span style="font-size:15.0pt"><span style="font-family:&quot;Arial&quot;,&quot;sans-serif&quot;">Stakeholders, who participated in the fair, emphasized the need to expand air connectivity between Nepal and Vietnam. The representatives of various media who came to Nepal&rsquo;s stall requested the Nepal Tourism Board to cooperate with Vietnam&#39;s print, television and social media for the promotion of Nepal&#39;s tourism.</span></span></span></span></p>

<p>&nbsp;</p>

<p>&nbsp;</p>
',
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			'sortorder' => '17313',
			'image' => '20230417112909_1681686043.Clipboard06.jpg',
			'article_date' => '2023-04-17 11:28:06',
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	(int) 12 => array(
		'Article' => array(
			'id' => '17577',
			'article_category_id' => '1',
			'title' => 'PM Directs to Halt Tax on FPO   ',
			'sub_title' => '',
			'summary' => 'April 17: Prime Minister Pushpa Kamal Dahal has directed all stakeholders to postpone the decision on imposing tax on share premium amount sold through the further public offering (FPO). ',
			'content' => '<p><span style="font-size:18px"><span style="font-family:Calibri,&quot;sans-serif&quot;"><span style="font-family:&quot;Arial Unicode MS&quot;,&quot;sans-serif&quot;">April 17: Prime Minister Pushpa Kamal Dahal has directed all stakeholders to postpone the decision on imposing tax on share premium amount sold through the further public offering (FPO). The PM has also asked to seek a long-term solution to this issue.&nbsp; &nbsp;&nbsp;&nbsp;</span><br />
<span style="font-family:&quot;Arial Unicode MS&quot;,&quot;sans-serif&quot;">The PM issued such a directive after the Confederation of Nepalese Industries (CNI) and Nepal Bankers&#39; Association drew the PM&#39;s attention regarding the impacts of the taxation on the share&#39;s premium amount.&nbsp;&nbsp;&nbsp;&nbsp; </span><br />
<span style="font-family:&quot;Arial Unicode MS&quot;,&quot;sans-serif&quot;">During the meeting with the business leaders, PM Dahal vowed to initiate the process to address this issue for the long term.&nbsp;&nbsp;&nbsp;&nbsp; </span><br />
<span style="font-family:&quot;Arial Unicode MS&quot;,&quot;sans-serif&quot;">The banks and financial institutions (BFIs) had increased their paid-up capital through the FPO as per the directive of the central bank.&nbsp;&nbsp;&nbsp;&nbsp; </span><br />
<span style="font-family:&quot;Arial Unicode MS&quot;,&quot;sans-serif&quot;">During that period, there was no taxation on FPO but the 58th annual report of the Office of the Auditor General had mentioned that the FPO share&#39;s premium amount should come under the ambit of tax while concluding that the tax amount should be paid from such companies. -- RSS &nbsp;</span></span></span></p>
',
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			'sortorder' => '17312',
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			'article_date' => '2023-04-17 10:59:38',
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	(int) 13 => array(
		'Article' => array(
			'id' => '17576',
			'article_category_id' => '1',
			'title' => 'Inland Revenue Down by Rs 5.5 Billion ',
			'sub_title' => '',
			'summary' => '',
			'content' => '<p><span style="font-size:20px">April 17: &nbsp;Collection of inland revenues is down by Rs 5.5 billion until the third quarter (mid-April) of the current fiscal year.&nbsp;The government has collected Rs 337.10 billion in inland revenues until the third quarter of the current fiscal year, according to the Inland Revenue Department.&nbsp;</span></p>

<p><span style="font-size:20px">The government had collected Rs 342.65 billion in inland revenues during the same period last fiscal year. Officials at IRD say that economic effect seen in multiple sectors has affected collection of inland revenue.</span></p>

<p><span style="font-size:20px">The government has collected Rs 5.5 billion less in inland revenues in the first nine months of the current fiscal year compared to last fiscal year&rsquo;s same period. &nbsp;Collection in inland revenue has fallen by 1.62% in the nine months of the current fiscal year compared to same period last fiscal.&nbsp;</span></p>

<p><span style="font-size:20px">The government has collected Rs 150.20 billion in income tax until the third quarter of the current fiscal year against its collection of Rs 165.45 billion in the review period last fiscal year.&nbsp; Nine months&rsquo; value added tax(VAT) stands at Rs 78.89 billion. Likewise, Rs 74.28 billion was collected under excise duty.&nbsp;</span></p>

<p><span style="font-size:20px">According to department, the government has collected Rs 1.97 billion rental taxes, Rs 5.25 billion health service tax and Rs 1.26 billion education tax respectively.&nbsp; </span></p>

<p><span style="font-size:20px">The government has collected only 50% revenue against its annual target till the end of third quarter of the current fiscal year, according to Financial Comptroller General Office.</span></p>

<p><span style="font-size:20px">The government has been able to collect only Rs 724.47 billion in revenues until third quarter against its annual target of Rs 1458.60 billion. &nbsp;</span></p>

<p>&nbsp;</p>
',
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			'sortorder' => '17311',
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			'article_date' => '2023-04-17 07:42:08',
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	(int) 14 => array(
		'Article' => array(
			'id' => '17575',
			'article_category_id' => '1',
			'title' => 'Around 500 Megawatts of Electricity added to National Grid in 2079 BS',
			'sub_title' => '',
			'summary' => 'April 16: The cooperation between the government and the private sector in the development and expansion of electricity, which is considered to be one of the foundations for the country's economic prosperity, has started bearing fruits.',
			'content' => '<p><span style="font-size:12pt"><span style="font-family:&quot;Times New Roman&quot;,&quot;serif&quot;"><span style="font-size:14.0pt"><span style="font-family:&quot;Arial&quot;,&quot;sans-serif&quot;">April 16: The cooperation between the government and the private sector in the development and expansion of electricity, which is considered to be one of the foundations for the country&#39;s economic prosperity, has started bearing fruits.</span></span></span></span></p>

<p><span style="font-size:12pt"><span style="font-family:&quot;Times New Roman&quot;,&quot;serif&quot;"><span style="font-size:14.0pt"><span style="font-family:&quot;Arial&quot;,&quot;sans-serif&quot;">Approximately 500 megawatts of power has been added to the national grid throughout the year 2079 BS.</span></span></span></span></p>

<p><span style="font-size:12pt"><span style="font-family:&quot;Times New Roman&quot;,&quot;serif&quot;"><span style="font-size:14.0pt"><span style="font-family:&quot;Arial&quot;,&quot;sans-serif&quot;">Electricity addition has continued, according to the Nepal Electricity Authority (NEA), the public power utility, adding that the country&#39;s total installed capacity would reach around 3,000 megawatts within the current fiscal year, 2022/23 ending mid-July, if this continues.&nbsp;</span></span></span></span></p>

<p><span style="font-size:12pt"><span style="font-family:&quot;Times New Roman&quot;,&quot;serif&quot;"><span style="font-size:14.0pt"><span style="font-family:&quot;Arial&quot;,&quot;sans-serif&quot;">So far, 2689 megawatts power has been linked with the national grid, NEA said. Until mid-July, 2023, additional 15 hydropower projects are expected to be completed.</span></span></span></span></p>

<p><span style="font-size:12pt"><span style="font-family:&quot;Times New Roman&quot;,&quot;serif&quot;"><span style="font-size:14.0pt"><span style="font-family:&quot;Arial&quot;,&quot;sans-serif&quot;">In the year 2079 BS, a total 19 hydropower projects have come into full operation, and the test of nine others has reached the final stage.</span></span></span></span></p>

<p><span style="font-size:12pt"><span style="font-family:&quot;Times New Roman&quot;,&quot;serif&quot;"><span style="font-size:14.0pt"><span style="font-family:&quot;Arial&quot;,&quot;sans-serif&quot;">The biggest project developed by the private sector that has been completed within the year is the Solukhola (Dudhkoshi) Hydroelectricity Project. Inaugurated by Prime Minister Pushpa Kamal Dahal, the project developed by Sahas Urja started commercial production from 1 March, 2023.</span></span></span></span></p>

<p><span style="font-size:12pt"><span style="font-family:&quot;Times New Roman&quot;,&quot;serif&quot;"><span style="font-size:14.0pt"><span style="font-family:&quot;Arial&quot;,&quot;sans-serif&quot;">Nepal has already been self-sufficient in power during the monsoon season and the situation for the winter is also improving.&nbsp;</span></span></span></span></p>

<p><span style="font-size:12pt"><span style="font-family:&quot;Times New Roman&quot;,&quot;serif&quot;"><span style="font-size:14.0pt"><span style="font-family:&quot;Arial&quot;,&quot;sans-serif&quot;">Projects with accumulative capacity of 3,280 megawatts are under development and once they get complete, the national grid will have around 7,000 megawatts of electricity.&nbsp;&nbsp;</span></span></span></span></p>

<p><span style="font-size:12pt"><span style="font-family:&quot;Times New Roman&quot;,&quot;serif&quot;"><span style="font-size:14.0pt"><span style="font-family:&quot;Arial&quot;,&quot;sans-serif&quot;">The NEA is preparing to export around 1,200 mw of electricity in the coming monsoon.</span></span></span></span></p>

<p><span style="font-size:12pt"><span style="font-family:&quot;Times New Roman&quot;,&quot;serif&quot;"><span style="font-size:14.0pt"><span style="font-family:&quot;Arial&quot;,&quot;sans-serif&quot;">According to Independent Power Producers&#39; Association Nepal (IPPAN), some projects promoted by the private sector are in the phase of test production.</span></span></span></span></p>

<p><span style="font-size:12pt"><span style="font-family:&quot;Times New Roman&quot;,&quot;serif&quot;"><span style="font-size:14.0pt"><span style="font-family:&quot;Arial&quot;,&quot;sans-serif&quot;">Those projects will begin commercial production following the 15-day test production in the presence of NEA employees. The test production of the 19.8-mw Upper Solu River Hydropower Project promoted by Beni Hydropower is in the final phase. As informed by company&rsquo;s managing director Ganesh Karki, the project&#39;s power has been already connected to the national grid and the commercial production is likely within the next few days.&nbsp;</span></span></span></span></p>

<p><span style="font-size:12pt"><span style="font-family:&quot;Times New Roman&quot;,&quot;serif&quot;"><span style="font-size:14.0pt"><span style="font-family:&quot;Arial&quot;,&quot;sans-serif&quot;">Likewise, the 14.9-mw Mayakhola Project based in Sankhuwasabha district will be starting commercial production very soon.</span></span></span></span></p>

<p><span style="font-size:12pt"><span style="font-family:&quot;Times New Roman&quot;,&quot;serif&quot;"><span style="font-size:14.0pt"><span style="font-family:&quot;Arial&quot;,&quot;sans-serif&quot;">The 5-mw Rukumgad Project based in Rukum, the Sindhupalchowk-based Ghatte Khola Project of around one megawatt will be entering the phase of commercial production.</span></span></span></span></p>

<p><span style="font-size:12pt"><span style="font-family:&quot;Times New Roman&quot;,&quot;serif&quot;"><span style="font-size:14.0pt"><span style="font-family:&quot;Arial&quot;,&quot;sans-serif&quot;">The 54-mw Super Dordi &#39;B&#39; in Lamjung&nbsp; and the 2-mw Solar Power Project&nbsp; in Nawalparasi, 6.8-mw Solar Power Project in Morang and 10-mw in Banke have been already connected to the national grid.</span></span></span></span></p>

<p><span style="font-size:12pt"><span style="font-family:&quot;Times New Roman&quot;,&quot;serif&quot;"><span style="font-size:14.0pt"><span style="font-family:&quot;Arial&quot;,&quot;sans-serif&quot;">The NEA stated that the 10-mw capacity Makarigad Project also started commercial production from this year. Based in Darchula, this project has contributed in managing power supply in the Sudurpaschim Province.</span></span></span></span></p>

<p><span style="font-size:12pt"><span style="font-family:&quot;Times New Roman&quot;,&quot;serif&quot;"><span style="font-size:14.0pt"><span style="font-family:&quot;Arial&quot;,&quot;sans-serif&quot;">NEA Executive Director Kulman Ghising has directed the construction companies concerned to complete the construction of Rasuwagadhi, Sanjen and Mid Bhotekoshi hydel projects by the end of the current fiscal year. These projects are being constructed through the public-private partnership model.</span></span></span></span></p>

<p><span style="font-size:12pt"><span style="font-family:&quot;Times New Roman&quot;,&quot;serif&quot;"><span style="font-size:14.0pt"><span style="font-family:&quot;Arial&quot;,&quot;sans-serif&quot;">The Rasuwagadhi project has a total capacity of 111 megawatts, the Upper and Lower Sanjen 57 megawatts and the Mid Bhotekoshi project 102 megawatts. Once the power produced from these projects is connected to the national grid, it would make a positive impact on the power supply sector.</span></span></span></span></p>

<p><span style="font-size:12pt"><span style="font-family:&quot;Times New Roman&quot;,&quot;serif&quot;"><span style="font-size:14.0pt"><span style="font-family:&quot;Arial&quot;,&quot;sans-serif&quot;">NEA had exported 425 megawatts electricity to India in the year 2079 BS. It has made an income equivalent to Rs 8.44 billion in the current fiscal year through power export alone. Preparations are being made to export 1,200 megawatts of excess electricity in this fiscal year.</span></span></span></span></p>

<p><span style="font-size:12pt"><span style="font-family:&quot;Times New Roman&quot;,&quot;serif&quot;"><span style="font-size:14.0pt"><span style="font-family:&quot;Arial&quot;,&quot;sans-serif&quot;">Important talks were held in the year 2079 BS with India for power trade. An agreement has also been reached with Bangladesh for exporting 50 megawatts of energy initially.</span></span></span></span></p>

<p><span style="font-size:12pt"><span style="font-family:&quot;Times New Roman&quot;,&quot;serif&quot;"><span style="font-size:14.0pt"><span style="font-family:&quot;Arial&quot;,&quot;sans-serif&quot;">The process of constructing the New Butwal-Gorakhpur 400 kV transmission line has moved ahead. The government has registered a company and forwarded the process of building the 1,200 megawatt capacity Budhi Gandaki Hydroelectric Project.&nbsp;</span></span></span></span></p>

<p><span style="font-size:12pt"><span style="font-family:&quot;Times New Roman&quot;,&quot;serif&quot;"><span style="font-size:14.0pt"><span style="font-family:&quot;Arial&quot;,&quot;sans-serif&quot;">Indian companies have shown interest in constructing some big projects. The Indian company, NHPC, has moved ahead with the necessary process for the construction of the 750-mw-capacity West Seti and the 450-mw Seti River-6 Project.</span></span></span></span></p>

<p><span style="font-size:12pt"><span style="font-family:&quot;Times New Roman&quot;,&quot;serif&quot;"><span style="font-size:14.0pt"><span style="font-family:&quot;Arial&quot;,&quot;sans-serif&quot;">Foreign investment has been gradually attracted in the energy sector. In the same way, the domestic investors are preparing to go ahead with the construction of projects with the capacity of generating 1,553 mw power, IPPAN&#39;s executive member Prakash Dulal said.</span></span></span></span></p>

<p><span style="font-size:12pt"><span style="font-family:&quot;Times New Roman&quot;,&quot;serif&quot;"><span style="font-size:14.0pt"><span style="font-family:&quot;Arial&quot;,&quot;sans-serif&quot;">The total production capacity of the under-construction projects and those that are in the process of construction is 4,834 mw. Electricity has reached nearly 96.5 percent of households in Nepal.</span></span></span></span></p>

<p><span style="font-size:12pt"><span style="font-family:&quot;Times New Roman&quot;,&quot;serif&quot;"><span style="font-size:14.0pt"><span style="font-family:&quot;Arial&quot;,&quot;sans-serif&quot;">Amid this backdrop, the year 2079 BS has become an important year for the development and expansion of the energy sector. -- RSS</span></span></span></span></p>

<p>&nbsp;</p>
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		'Article' => array(
			'id' => '17589',
			'article_category_id' => '1',
			'title' => 'Online Revenue Collection Halted due to Server Problem',
			'sub_title' => '',
			'summary' => 'April 18: Revenue collection of the government has been affected due to problems in the server related to revenue. ',
			'content' => '<p><span style="font-size:12pt"><span style="font-family:&quot;Times New Roman&quot;,&quot;serif&quot;"><span style="font-size:15.0pt"><span style="font-family:&quot;Arial&quot;,&quot;sans-serif&quot;">April 18: Revenue collection of the government has been affected due to problems in the server related to revenue. The Financial Comptroller General Office (FCGO) said that the government&rsquo;s revenue collection was halted from </span></span><span style="font-size:15.0pt"><span style="font-family:&quot;Arial Unicode MS&quot;,&quot;sans-serif&quot;">11:00</span></span><span style="font-size:15.0pt"><span style="font-family:&quot;Arial&quot;,&quot;sans-serif&quot;"> am to </span></span><span style="font-size:15.0pt"><span style="font-family:&quot;Arial Unicode MS&quot;,&quot;sans-serif&quot;">1:00</span></span><span style="font-size:15.0pt"><span style="font-family:&quot;Arial&quot;,&quot;sans-serif&quot;"> am on Monday as the served went down.</span></span></span></span></p>

<p><span style="font-size:12pt"><span style="font-family:&quot;Times New Roman&quot;,&quot;serif&quot;"><span style="font-size:15.0pt"><span style="font-family:&quot;Arial Unicode MS&quot;,&quot;sans-serif&quot;">&quot;</span></span><span style="font-size:15.0pt"><span style="font-family:&quot;Arial&quot;,&quot;sans-serif&quot;">We apologize for the inconvenience caused by the system error related to RMIA, TSA, CGAS, Sutra, PAMS and other systems operated by this office from </span></span><span style="font-size:15.0pt"><span style="font-family:&quot;Arial Unicode MS&quot;,&quot;sans-serif&quot;">11:00</span></span><span style="font-size:15.0pt"><span style="font-family:&quot;Arial&quot;,&quot;sans-serif&quot;"> am to </span></span><span style="font-size:15.0pt"><span style="font-family:&quot;Arial Unicode MS&quot;,&quot;sans-serif&quot;">1:00</span></span><span style="font-size:15.0pt"><span style="font-family:&quot;Arial&quot;,&quot;sans-serif&quot;"> am on Monday (April 17),&quot; reads a notice issued by the FCGO.</span></span></span></span></p>

<p><span style="font-size:12pt"><span style="font-family:&quot;Times New Roman&quot;,&quot;serif&quot;"><span style="font-size:15.0pt"><span style="font-family:&quot;Arial&quot;,&quot;sans-serif&quot;">Gayatri Raman Khanal, information officer of the FCGO, said that the server was operational after </span></span><span style="font-size:15.0pt"><span style="font-family:&quot;Arial Unicode MS&quot;,&quot;sans-serif&quot;">1:00</span></span><span style="font-size:15.0pt"><span style="font-family:&quot;Arial&quot;,&quot;sans-serif&quot;"> pm, but was not fully operational. </span></span></span></span></p>

<p><span style="font-size:12pt"><span style="font-family:&quot;Times New Roman&quot;,&quot;serif&quot;"><span style="font-size:15.0pt"><span style="font-family:&quot;Arial&quot;,&quot;sans-serif&quot;">&ldquo;The server was completely down for three hours on Monday. When it came into operation after </span></span><span style="font-size:15.0pt"><span style="font-family:&quot;Arial Unicode MS&quot;,&quot;sans-serif&quot;">1</span></span><span style="font-size:15.0pt"><span style="font-family:&quot;Arial&quot;,&quot;sans-serif&quot;"> o&#39;clock, it was slow because many people were using the server at the same time,&rdquo; said Khanal.</span></span></span></span></p>

<p><span style="font-size:12pt"><span style="font-family:&quot;Times New Roman&quot;,&quot;serif&quot;"><span style="font-size:15.0pt"><span style="font-family:&quot;Arial&quot;,&quot;sans-serif&quot;">According to him, the online revenue collection was halted on Monday due to the problem in the government server. He said that even cheques issued could not be cashed while revenue collection was completely halted for some time.</span></span></span></span></p>

<p>&nbsp;</p>

<p>&nbsp;</p>
',
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			'id' => '17588',
			'article_category_id' => '1',
			'title' => 'Patan High Court Issues Diktat not to Implement Decision to Use Dozers in Squatter Settlements',
			'sub_title' => '',
			'summary' => 'The Patan High Court has issued an interim order in the name of concerned authorities not to immediately implement the decision to use dozers in landless squatter settlements on the banks of various rivers in Kathmandu Valley. ',
			'content' => '<p><br />
<span style="font-size:20px">April 18: The Patan High Court has issued an interim order in the name of concerned authorities not to immediately implement the decision to use dozers in landless squatter settlements on the banks of various rivers in Kathmandu.&nbsp;</span></p>

<p><span style="font-size:20px">A division bench of judges Durga Bahadur Bishwakarma and Dipendra Adhikari handed down the order. Giving continuity to the interim order given by the single bench of Judge Dhir Bahadur Chand on March 31, the Court has summoned both sides for a discussion on April 26.&nbsp;</span></p>

<p><span style="font-size:20px">The Court has issued the interim order not to immediately implement the notice issued by the Kathmandu Metropolitan City on March 25 to vacate the settlements located on the banks of various rivers.&nbsp; </span></p>

<p><span style="font-size:20px">With the continuation of the interim order, the settlement removal process has been stopped for the time being. ---RSS&nbsp;</span></p>
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			'sortorder' => '17323',
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			'article_date' => '2023-04-18 06:48:58',
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			'id' => '17587',
			'article_category_id' => '274',
			'title' => 'Minister Mahat Calls for Collaborative Efforts to Do Away With Economic Woes ',
			'sub_title' => '',
			'summary' => 'Minister for Finance Dr Prakash Sharan Mahat stressed that that the government and private sector should collaborate to remove difficulties facing the country’s economy.',
			'content' => '<p><span style="font-size:20px">&nbsp;April 18: Minister for Finance Dr Prakash Sharan Mahat stressed that that the government and private sector should collaborate to remove difficulties facing the country&rsquo;s economy.</span></p>

<p><span style="font-size:20px">Congratulating the newly elected office-bearers of the Federation of Nepalese Chambers of Commerce and Industry (FNCCI) in Kathmandu on Monday, Minister Mahat asserted that the government and private sector should support each other to overcome problems seen in the economy.</span></p>

<p><span style="font-size:20px">&quot;The entrepreneurs and businessmen feel uncomfortable, difficult and pressurized at present. I understand there are some obstacles and disturbances. The government and private sector should work together to remove these hardships,&quot; Mahat emphasized.&nbsp;</span></p>

<p><span style="font-size:20px">Minister Dr Mahat admitted that the government has not been able to deliver as it should. &quot;We, from political leadership to bureaucracy should admit it. I am ready to admit it. We must bring about good changes in the economy. There is a challenge to increase efficiency of the country,&quot; the Minister opined.</span></p>

<p><span style="font-size:20px">&nbsp;The Minister shared that he had held formal and informal discussions with the leadership of the Nepal Rastra Bank to revitalize the national economy.&nbsp;</span></p>

<p><span style="font-size:20px">Dr Mahat said that the Nepal Bankers&#39; Association(NBA) decision to lower the interest rates on deposits starting from Baisakh 1 of New Year 2080 would help ease the economic difficulties facing the country.&nbsp;</span></p>

<p><span style="font-size:20px">&quot;I request to the private sector to disclose the realities. I will try my best to solve your problems through monetary policy,&quot; Mahat held.&nbsp;</span></p>

<p>&nbsp;</p>
',
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			'created' => '2023-04-18',
			'modified' => '2023-04-18',
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			'sortorder' => '17322',
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			'article_date' => '2023-04-18 06:11:35',
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			'id' => '17586',
			'article_category_id' => '1',
			'title' => 'Nabil Bank CEO Dhungana Felicitated with ‘Prabal Janasewa Shree Award’ ',
			'sub_title' => '',
			'summary' => 'Gyanendra Prasad Dgungana, Chief Executive Officer (CEO) of Nabil Bank, has been honoured with prestigious ‘Prabal Janasewa Shree medal’. In recognition of his outstanding contribution to the banking sector in Nepal, President Ram Chandra Poudel conferred Dhungana with ‘Prabal Janasewa Shree medal’. ',
			'content' => '<p><span style="font-size:20px">April 17: Gyanendra Prasad Dgungana, Chief Executive Officer (CEO) of Nabil Bank, has been honoured with prestigious &lsquo;Prabal Janasewa Shree medal&rsquo;.&nbsp;</span></p>

<p><span style="font-size:20px">In recognition of his outstanding contribution to the banking sector in Nepal, President Ram Chandra Poudel conferred Dhungana with &lsquo;Prabal Janasewa Shree medal&rsquo;.&nbsp;</span></p>

<p><span style="font-size:20px">The medal was awarded to CEO Dhungana on the occasion of Constitution Day of 2079 and distributed to him on the occasion of New Year 2080.&nbsp;</span></p>

<p><span style="font-size:20px">Dhungana has more than 25 years of experience in the banking sector. He has been leading the Nabil Bank as the CEO since Ashad 2079 after the merger of the then Nepal Bangladesh Bank with Nabil Bank. Prior to this, Dhungana served as the CEO of Nepal Bangladesh Bank for ten years.&nbsp;</span></p>

<p><span style="font-size:20px">Additionally, Dhungana has served as the President of Nepal Bankers&rsquo; Association. He has also worked as a Director of Nepal Rastra Bank.&nbsp;</span></p>

<p><span style="font-size:20px">Dhungana has finished Chartered Accountancy (CA) from India, Certificate Public Accountant (CPA) from Australia and has Master&rsquo;s in Financial Analysis.&nbsp;</span><br />
&nbsp;</p>
',
			'published' => true,
			'created' => '2023-04-17',
			'modified' => '2023-04-17',
			'keywords' => '',
			'description' => '',
			'sortorder' => '17321',
			'image' => '20230417045029_collage - 2023-04-17T165027.664.jpg',
			'article_date' => '2023-04-17 16:47:44',
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	(int) 4 => array(
		'Article' => array(
			'id' => '17585',
			'article_category_id' => '1',
			'title' => 'FAQs Related to Start-Up Loan',
			'sub_title' => '',
			'summary' => 'April 17: After the Department of Industry called for proposals from eligible companies seeking start-up loans, more than half a dozen questions have been asked several times in connection with the loan procedure.',
			'content' => '<p><span style="font-size:12pt"><span style="font-family:&quot;Times New Roman&quot;,&quot;serif&quot;"><span style="font-size:15.0pt"><span style="font-family:&quot;Arial&quot;,&quot;sans-serif&quot;">April 17: After the Department of Industry called for proposals from eligible companies seeking start-up loans, more than half a dozen questions have been asked several times in connection with the loan procedure.</span></span></span></span></p>

<p><span style="font-size:12pt"><span style="font-family:&quot;Times New Roman&quot;,&quot;serif&quot;"><span style="font-size:15.0pt"><span style="font-family:&quot;Arial&quot;,&quot;sans-serif&quot;">One of the frequently raised question is &ndash; why are the companies registered under PAN ineligible to receive the start-up loan.</span></span></span></span></p>

<p><span style="font-size:12pt"><span style="font-family:&quot;Times New Roman&quot;,&quot;serif&quot;"><span style="font-size:15.0pt"><span style="font-family:&quot;Arial&quot;,&quot;sans-serif&quot;">The department said those submitting proposals asking a wide range of questions such as whether the interest rate will increase later or not.</span></span></span></span></p>

<p><span style="font-size:12pt"><span style="font-family:&quot;Times New Roman&quot;,&quot;serif&quot;"><span style="font-size:15.0pt"><span style="font-family:&quot;Arial&quot;,&quot;sans-serif&quot;">The department has responded by publishing the answers to the frequently asked questions (FAQs) on its official website doind.gov.np. The department had issued a notice on March 30 and called for proposals within </span></span><span style="font-size:15.0pt"><span style="font-family:&quot;Arial Unicode MS&quot;,&quot;sans-serif&quot;">21</span></span><span style="font-size:15.0pt"><span style="font-family:&quot;Arial&quot;,&quot;sans-serif&quot;"> days to take such loans. </span></span></span></span></p>

<p><span style="font-size:12pt"><span style="font-family:&quot;Times New Roman&quot;,&quot;serif&quot;"><span style="font-size:15.0pt"><span style="font-family:&quot;Arial&quot;,&quot;sans-serif&quot;">While proposing for start-up loan projects, questions have been asked such as why a single shareholder cannot propose for a start-up loan and why the companies registered with the permanent account number (PAN), ward or a local body cannot propose for such a loan.</span></span></span></span></p>

<p><span style="font-size:12pt"><span style="font-family:&quot;Times New Roman&quot;,&quot;serif&quot;"><span style="font-size:15.0pt"><span style="font-family:&quot;Arial&quot;,&quot;sans-serif&quot;">Similarly, the other FAQ include whether or not such loan can be given to an organization which has added shareholders after amendment, whether they will get this loan if they have already taken a loan from another bank, how many installments the loan has to be paid (annually or monthly), will the interest rate increase from </span></span><span style="font-size:15.0pt"><span style="font-family:&quot;Arial Unicode MS&quot;,&quot;sans-serif&quot;">3</span></span><span style="font-size:15.0pt"><span style="font-family:&quot;Arial&quot;,&quot;sans-serif&quot;"> percent later and how many people will get a start-up loan? The department mentioned that such questions were asked during the project proposal.</span></span></span></span></p>

<p><span style="font-size:12pt"><span style="font-family:&quot;Times New Roman&quot;,&quot;serif&quot;"><span style="font-size:15.0pt"><span style="font-family:&quot;Arial&quot;,&quot;sans-serif&quot;">The department has tried to dispel the doubts by giving clear answers to the questions raised in the proposals repeatedly.</span></span></span></span></p>

<p><span style="font-size:12pt"><span style="font-family:&quot;Times New Roman&quot;,&quot;serif&quot;"><span style="font-size:15.0pt"><span style="font-family:&quot;Arial&quot;,&quot;sans-serif&quot;">The department clarified that a single shareholder cannot be offered the start-up loan as it is targeted at a group of entrepreneurs with the latest thinking, knowledge, skills and abilities. Similarly, partnership firms and companies can submit proposals for such loans as there is a provision in the &#39;Start-up Business Loan Disbursement Procedure </span></span><span style="font-size:15.0pt"><span style="font-family:&quot;Arial Unicode MS&quot;,&quot;sans-serif&quot;">2079</span></span><span style="font-size:15.0pt"><span style="font-family:&quot;Arial&quot;,&quot;sans-serif&quot;">&#39; that only such companies are considered eligible for loans.</span></span></span></span></p>

<p><span style="font-size:12pt"><span style="font-family:&quot;Times New Roman&quot;,&quot;serif&quot;"><span style="font-size:15.0pt"><span style="font-family:&quot;Arial&quot;,&quot;sans-serif&quot;">Similarly, on the question of whether to give loans to those who have added shareholders after amendment, the department said that the organisations that did so before they issued the notice on March 30 can avail such loan but those who amended their statute after the notice was released will not get this loan.</span></span></span></span></p>

<p><span style="font-size:12pt"><span style="font-family:&quot;Times New Roman&quot;,&quot;serif&quot;"><span style="font-size:15.0pt"><span style="font-family:&quot;Arial&quot;,&quot;sans-serif&quot;">Similarly, the department has mentioned that women are also among the target group of start-up enterprise loans. </span></span></span></span></p>

<p><span style="font-size:12pt"><span style="font-family:&quot;Times New Roman&quot;,&quot;serif&quot;"><span style="font-size:15.0pt"><span style="font-family:&quot;Arial&quot;,&quot;sans-serif&quot;">Similarly, in relation to the question of how many installments the loan should be paid (annually or monthly), the department said it will be according to the rules of the bank providing the loan. The department further said that the interest rate of the loan will be limited to </span></span><span style="font-size:15.0pt"><span style="font-family:&quot;Arial Unicode MS&quot;,&quot;sans-serif&quot;">3</span></span><span style="font-size:15.0pt"><span style="font-family:&quot;Arial&quot;,&quot;sans-serif&quot;"> percent as such loans will flow for a maximum period of </span></span><span style="font-size:15.0pt"><span style="font-family:&quot;Arial Unicode MS&quot;,&quot;sans-serif&quot;">7</span></span><span style="font-size:15.0pt"><span style="font-family:&quot;Arial&quot;,&quot;sans-serif&quot;"> years. </span></span></span></span></p>

<p><span style="font-size:12pt"><span style="font-family:&quot;Times New Roman&quot;,&quot;serif&quot;"><span style="font-size:15.0pt"><span style="font-family:&quot;Arial&quot;,&quot;sans-serif&quot;">The department called for submission of proposals on March 30 after the procedure was approved on March 24. </span></span></span></span></p>

<p><span style="font-size:12pt"><span style="font-family:&quot;Times New Roman&quot;,&quot;serif&quot;"><span style="font-size:15.0pt"><span style="font-family:&quot;Arial&quot;,&quot;sans-serif&quot;">The procedure covers loans for </span></span><span style="font-size:15.0pt"><span style="font-family:&quot;Arial Unicode MS&quot;,&quot;sans-serif&quot;">14 </span></span><span style="font-size:15.0pt"><span style="font-family:&quot;Arial&quot;,&quot;sans-serif&quot;">different sectors related to agriculture, tourism, infrastructure, mining and minerals, automobiles and garbage and waste management and environment which fall under start-up enterprises. </span></span></span></span></p>

<p>&nbsp;</p>

<p>&nbsp;</p>
',
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			'created' => '2023-04-17',
			'modified' => '2023-04-17',
			'keywords' => '',
			'description' => '',
			'sortorder' => '17320',
			'image' => '20230417042206_1681708614.Start Up.jpeg',
			'article_date' => '2023-04-17 16:21:24',
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	(int) 5 => array(
		'Article' => array(
			'id' => '17584',
			'article_category_id' => '266',
			'title' => 'Yamaha Launches Aerox 155, the Fastest Ultimate Scooter, in Nepal',
			'sub_title' => '',
			'summary' => 'MAW Enterprises, the authorized distributor of Yamaha Motorbikes and Scooters in Nepal, has launched the highly anticipated Yamaha Aerox 155, the ultimate Scooter in Nepal. ',
			'content' => '<p><span style="font-size:20px">April 17: &nbsp;MAW Enterprises, the authorized distributor of Yamaha Motorbikes and Scooters in Nepal, has launched the highly anticipated Yamaha Aerox 155, the ultimate Scooter in Nepal.&nbsp;</span></p>

<p><span style="font-size:20px">With its distinctive and sleek aerodynamic sporty design, the Aerox 155 complements the sense of speed and power, setting new standards for performance, style, and riding experience.</span></p>

<p><span style="font-size:20px">The Yamaha Aerox 155 features a liquid-cooled engine, making it Nepal&#39;s fastest Scooter with a top speed of 120 km/hr. Its &ldquo;R&rdquo; DNA engine of 155cc dishes out 15 bhp, providing riders with an unparalleled sense of speed and power. </span></p>

<p><span style="font-size:20px">The front LED headlights offer excellent night-time visibility, and the rear tail light has 12 compact LEDs that give out a 3D appearance, adding a touch of modernity to the bike&#39;s aesthetics.</span></p>

<p><span style="font-size:20px">The Aerox 155&#39;s 5.8-inch LCD instrument screen displays several features such as a speedometer, RPM, and VVA indicator, making it easy for riders &nbsp;keep track of important information while on the road.</span></p>

<p><span style="font-size:20px">Additionally, the scooter comes equipped with Yamaha Y-Connect, which can be connected to the rider&#39;s smartphone via an associated app, allowing riders to track things like maintenance intervals, malfunction notifications, mileage, battery level, and parking location.</span></p>

<p><span style="font-size:20px">Despite its sporty design, the Yamaha Aerox 155 is quite spacious and comes with practical 24.5-liter under-seat storage. It also offers a host of advanced technology, such as variable valve actuation (VVA), idle stop-start function aiding in fuel consumption, and front disc brake with ABS for enhanced safety.&nbsp;</span></p>

<p><span style="font-size:20px">The Aerox 155&#39;s superior quality materials ensure durability and dependability, providing a long-lasting and delightful ownership experience. The Yamaha Aerox 155 is available in three different colors: Racing Blue, Grey Vermillion, and Metallic Black at a starting price of Rs. 474,900, and customers can and book and buy the scooter from the official showrooms of Yamaha.&nbsp;</span></p>

<p><span style="font-size:20px">Raju Chhetri, CEO of Maw Enterprises said, &ldquo;The Aerox 155 is a game-changer in the Scooter market of Nepal, setting new standards for performance, style, and riding experience for both beginners and pro riders&rdquo;.</span></p>

<p><span style="font-size:20px">With scooter&rsquo;s powerful engine, advanced technology, and sleek design, the Yamaha Aerox 155 will be liked&nbsp;by the two-wheeler lovers in Nepal, Chhetri expressed confidence.&nbsp;</span><br />
&nbsp;</p>
',
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			'modified' => '2023-04-17',
			'keywords' => '',
			'description' => '',
			'sortorder' => '17319',
			'image' => '20230417040110_collage - 2023-04-17T155759.751.jpg',
			'article_date' => '2023-04-17 15:57:07',
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	(int) 6 => array(
		'Article' => array(
			'id' => '17583',
			'article_category_id' => '266',
			'title' => 'Over 150K People Attend Purple Saturday',
			'sub_title' => '',
			'summary' => 'April 17: Purple Saturday, co-organized by Ncell on the occasion of the 16th Durbar Marg Street Festival on April 15, was held in a grand manner, Ncell said in a statement.',
			'content' => '<p><span style="font-size:18px"><span style="font-family:Calibri,&quot;sans-serif&quot;"><span style="font-family:&quot;Arial Unicode MS&quot;,&quot;sans-serif&quot;">April 17: Purple Saturday, co-organized by Ncell on the occasion of the 16<sup>th</sup> Durbar Marg Street Festival on April 15, was held in a grand manner, Ncell said in a statement.</span></span></span></p>

<p><span style="font-size:18px"><span style="font-family:Calibri,&quot;sans-serif&quot;"><span style="font-family:&quot;Arial Unicode MS&quot;,&quot;sans-serif&quot;">The street festival was organized with the motive of promoting goods made in Nepal and to preserve the culture.</span></span></span></p>

<p><span style="font-size:18px"><span style="font-family:Calibri,&quot;sans-serif&quot;"><span style="font-family:&quot;Arial Unicode MS&quot;,&quot;sans-serif&quot;">The event was organized in a collaboration between the Federation of Nepalese Chambers of Commerce and Industry (FNCCI), Durbar Marg Development Board, Restaurant and Bar Association of Nepal (REBAN) and Ncell, which was also the main sponsor of the event.</span></span></span></p>

<p><span style="font-size:18px"><span style="font-family:Calibri,&quot;sans-serif&quot;"><span style="font-family:&quot;Arial Unicode MS&quot;,&quot;sans-serif&quot;">Minister for Culture, Tourism and Civil Aviation Sudan Kirati, FNCCI President Chandra Dhakal, FNCCI Senior Vice President Anjan Shrestha, Ncell&rsquo;s CEO Andy Chong along with representatives of Durbar Marg Development Board and REBAN jointly inaugurated the festival.</span></span></span></p>

<p><span style="font-size:18px"><span style="font-family:Calibri,&quot;sans-serif&quot;"><span style="font-family:&quot;Arial Unicode MS&quot;,&quot;sans-serif&quot;">The organisers believe that this festival will help in promoting domestic tourism and also support small and cottage industries as well as the tourism industry of Nepal.</span></span></span></p>

<p><span style="font-size:18px"><span style="font-family:Calibri,&quot;sans-serif&quot;"><span style="font-family:&quot;Arial Unicode MS&quot;,&quot;sans-serif&quot;">Popular musical bands like Kutumba, Deepak Bajracharya and Rhythm Band along with singers Trishala Gurung, Aawiskar KC, Rohit Shakya, Lahure and The Elements performed during the Purple Saturday event.</span></span></span></p>

<p><span style="font-size:18px"><span style="font-family:Calibri,&quot;sans-serif&quot;"><span style="font-family:&quot;Arial Unicode MS&quot;,&quot;sans-serif&quot;">According to the organisers, more than 150,000 people attended the event. </span></span></span></p>

<p>&nbsp;</p>

<p>&nbsp;</p>
',
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			'keywords' => '',
			'description' => '',
			'sortorder' => '17318',
			'image' => '20230417034907_Purple Saturday (10).jpg',
			'article_date' => '2023-04-17 15:48:03',
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	(int) 7 => array(
		'Article' => array(
			'id' => '17582',
			'article_category_id' => '1',
			'title' => 'Foggy Weather Condition to Persist for Three More Days',
			'sub_title' => 'Kathmandu Tops the List of Most Polluted City in the World: AIQ',
			'summary' => 'April 17: Air pollution has been increasing all over the country, including the Kathmandu valley, due to the wild fires that have been raging in various parts of the country for the past few days.',
			'content' => '<p><span style="font-size:18px"><span style="font-family:Calibri,&quot;sans-serif&quot;">April 17: Air pollution has been increasing all over the country, including the Kathmandu valley, due to the wild fires that have been raging in various parts of the country for the past few days. </span></span></p>

<p><span style="font-size:18px"><span style="font-family:Calibri,&quot;sans-serif&quot;">The foggy condition of air due to pollution will persists for three more days, according to experts.</span></span></p>

<p><span style="font-size:18px"><span style="font-family:Calibri,&quot;sans-serif&quot;">The Department of Hydrology and Meteorology has said that the pollution will remain stable for a few more days as there is no chance of wind and rainfall to remove the pollution.</span></span></p>

<p><span style="font-size:18px"><span style="font-family:Calibri,&quot;sans-serif&quot;">According to the division, the air pollution is high because there has been no rainfall in some parts of the country for a long time and there have been forest fires in many places.</span></span></p>

<p><span style="font-size:18px"><span style="font-family:Calibri,&quot;sans-serif&quot;">Shankar Prasad Paudel, spokesperson for the Department of Environment, said that the pollutants have accumulated near the surface due to lack of rain and low pressure of wind along with the smoke emitted from the fires.</span></span></p>

<p><span style="font-size:18px"><span style="font-family:Calibri,&quot;sans-serif&quot;">He said that the satellite images have shown that pollution in the Kathmandu Valley has increased due to the smoke emitted from Bara, Parsa and Chitwan. </span></span></p>

<p><span style="font-size:18px"><span style="font-family:Calibri,&quot;sans-serif&quot;">The amount of pollution in the Kathmandu valley has increased because the air coming to Kathmandu from Bara, Parsa and Chitwan through the Bagmati Corridor cannot flow elsewhere.</span></span></p>

<p><span style="font-size:18px"><span style="font-family:Calibri,&quot;sans-serif&quot;">The department has urged people to take precautions to avoid pollution. As the air pollution is increasing, the department has urged the people to avoid going outside as much as possible and use face masks and glasses if one has to go out.</span></span></p>

<p><span style="font-size:18px"><span style="font-family:Calibri,&quot;sans-serif&quot;">Dr Dharma Upreti, a climate and environmental expert, suggested that everyone must use masks and should not go out of the house except for essential work. He also said that it will take a few more days for the weather to become clear again.</span></span></p>

<p><span style="font-size:18px"><span style="font-family:Calibri,&quot;sans-serif&quot;">Paudel, the spokesperson of the Department of Environment, said that health hazards such as blood pressure, heart problems, cancer and other health problems are likely to increase due to air pollution.</span></span></p>

<p><span style="font-size:18px"><span style="font-family:Calibri,&quot;sans-serif&quot;">Flights have also been affected across the country due to the polluted air. According to the Tribhuvan International Airport Office, flights at domestic airports were affected on Sunday due to low visibility. International flights from Kathmandu are said to be normal. </span></span></p>

<p><span style="font-size:18px"><span style="font-family:Calibri,&quot;sans-serif&quot;">According to IQ Air, an organization which measures the amount of air pollution across the world, the air quality indicator on Sunday showed that the Kathmandu Valley was ranked first in the world in terms of air pollution.</span></span></p>

<p><span style="font-size:18px"><span style="font-family:Calibri,&quot;sans-serif&quot;">According to IQAir, there was more air pollution in Bhaktapur and Lalitpur on Sunday. In these places, the air quality measurement indicator iQAir was above 200. </span></span></p>

<p><span style="font-size:18px"><span style="font-family:Calibri,&quot;sans-serif&quot;">Similarly, the air in Kirtipur, Ratnapark, Madhyapur Thimi, Hetauda and Dhankuta was unhealthy. In these areas, the air quality measurement indicator iQAir reached almost 200. </span></span></p>

<p><span style="font-size:18px"><span style="font-family:Calibri,&quot;sans-serif&quot;">If the AIQ is more than 50, the people of poor health group is at risk, although the measurement from 51 to 100 is considered normal. But if the AIQ is above 100, it is unhealthy for everyone. Air pollution is considered to be dangerous if the AIQ reaches above 300. </span></span></p>

<p><span style="font-size:18px"><span style="font-family:Calibri,&quot;sans-serif&quot;">Paudel, the spokesperson of the environment department, informed that if there is no rain or if there is no strong wind, the air pollution in the country including the valley will not decrease and the risk of pollution will continue for a few more days. </span></span></p>

<p>&nbsp;</p>

<p>&nbsp;</p>

<p>&nbsp;</p>
',
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			'keywords' => '',
			'description' => '',
			'sortorder' => '17317',
			'image' => '20230417022531_1681719143.tuhalo.jpg',
			'article_date' => '2023-04-17 14:24:44',
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	(int) 8 => array(
		'Article' => array(
			'id' => '17581',
			'article_category_id' => '1',
			'title' => 'Minister Orders to Investigate Malpractice Involving Land Revenue Office Staff   ',
			'sub_title' => '',
			'summary' => 'April 17: Minister for Land Management, Cooperative and Poverty Alleviation Ranjita Shrestha has issued instruction to the concerned government officials to immediately investigate the matter related to the involvement of the employees at the Land Revenue Office, Kaski in financial malpractice.    ',
			'content' => '<p><span style="font-size:18px"><span style="font-family:Calibri,&quot;sans-serif&quot;"><span style="font-family:&quot;Arial Unicode MS&quot;,&quot;sans-serif&quot;">April 17: Minister for Land Management, Cooperative and Poverty Alleviation Ranjita Shrestha has issued instruction to the concerned government officials to immediately investigate the matter related to the involvement of the employees at the Land Revenue Office, Kaski in financial malpractice.&nbsp;&nbsp;&nbsp;&nbsp; </span><br />
<span style="font-family:&quot;Arial Unicode MS&quot;,&quot;sans-serif&quot;">Minister Shrestha instructed Secretary Dr Damodar Regmi and Padma Nidhi Soti, the director-general of the Department of Land Management and Archives, to immediately carry out an investigation into the news about financial misconduct of the employees at the Land Revenue Office, Kaski, said Ramesh BK, Minister Shrestha&#39;s private secretary.&nbsp;&nbsp;&nbsp;&nbsp; </span><br />
<span style="font-family:&quot;Arial Unicode MS&quot;,&quot;sans-serif&quot;">The local media had carried news a few days exposing the financial malpractices of the employees at the Land Revenue Office, Kaski who work in syndicate to cheat the service seekers.</span></span></span></p>

<p><span style="font-size:18px"><span style="font-family:Calibri,&quot;sans-serif&quot;"><span style="font-family:&quot;Arial Unicode MS&quot;,&quot;sans-serif&quot;">Minister Shrestha has issued directives to probe this incident and take departmental action against those employees found guilty. The minister has also instructed to find out additional facts and truths. -- RSS&nbsp;&nbsp; </span></span></span></p>
',
			'published' => true,
			'created' => '2023-04-17',
			'modified' => '2023-04-17',
			'keywords' => '',
			'description' => '',
			'sortorder' => '17316',
			'image' => '20230417020158_232788599_102010135519891_7801843595265240822_n.jpg',
			'article_date' => '2023-04-17 14:01:09',
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	(int) 9 => array(
		'Article' => array(
			'id' => '17580',
			'article_category_id' => '1',
			'title' => 'RSP Chair Lamichhane's Driver Injured under Suspicious Circumstances',
			'sub_title' => '',
			'summary' => 'April 17: Rastriya Swatantra Party (RSP) Chairman Rabi Lamichhane's chauffeur has been found injured under suspicious circumstances. ',
			'content' => '<p><span style="font-size:18px"><span style="font-family:Calibri,&quot;sans-serif&quot;"><span style="font-family:&quot;Arial Unicode MS&quot;,&quot;sans-serif&quot;">April 17: Rastriya Swatantra Party (RSP) Chairman Rabi Lamichhane&#39;s chauffeur has been found injured under suspicious circumstances. He was reportedly injured in the wee hours today (April 17) after falling off a roof of the house where Lamichhane resides at Bharatpur metropolis-11, the start-owned RSS reported.&nbsp;&nbsp;&nbsp;&nbsp; </span><br />
<span style="font-family:&quot;Arial Unicode MS&quot;,&quot;sans-serif&quot;">According to the District Police Office, Chitwan, thirty-nine-year-old Dil Bahadur Thapa aka Shambhu from Bahrabise Municipality-3 in Sindhupalchok allegedly fell from the roof at around 4:00 am on Monday (April 17). He is being treated at the College of Medical Sciences Teaching Hospital (Old Medical College) Bharatpur.&nbsp;&nbsp;&nbsp;&nbsp; </span><br />
<span style="font-family:&quot;Arial Unicode MS&quot;,&quot;sans-serif&quot;">According to the police, he has sustained severe injuries to his head and legs. Further investigation into the case is underway.&nbsp;&nbsp;&nbsp;&nbsp; </span></span></span><br />
&nbsp;</p>
',
			'published' => true,
			'created' => '2023-04-17',
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			'keywords' => '',
			'description' => '',
			'sortorder' => '17315',
			'image' => '20230417011459_rabi.jpg',
			'article_date' => '2023-04-17 13:14:12',
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	(int) 10 => array(
		'Article' => array(
			'id' => '17579',
			'article_category_id' => '1',
			'title' => 'Perennial Problem of Fertilizer Shortage in Nepal',
			'sub_title' => '',
			'summary' => 'April  17: It has become a regular phenomenon for Nepali farmers to face extreme shortage of chemical fertilizers every year during the main planting season. ',
			'content' => '<p><span style="font-size:18px"><span style="font-family:&quot;Times New Roman&quot;,&quot;serif&quot;">April&nbsp; 17: It has become a regular phenomenon for Nepali farmers to face extreme shortage of chemical fertilizers every year during the main planting season. According to government authorities, they often fail to import fertilizer on time due to lack of adequate budget for fertilizer procurement, failure of procurement process and lack of provision for back-up tenders.</span></span></p>

<p><span style="font-size:18px"><span style="font-family:&quot;Times New Roman&quot;,&quot;serif&quot;">The adverse effect of fertilizer shortage has also started to be seen in Nepal&#39;s gross domestic product (GDP) in recent years. During the last decade, the contribution of agriculture sector in GDP decreased from 32.7 percent to 23.9 percent. According to the Ministry of Agriculture and Livestock Development, 700,000 metric tons of chemical fertilizers are required per year for a total of 3.391 million hectares of land. At least a minimum of 520,000 metric tons of fertilizer is required in a year even if it is used less in amount. However, the ministry&#39;s data shows that not more than 400,000 metric tons of chemical fertilizers have been supplied in any year in the last seven years.</span></span></p>

<p><span style="font-size:18px"><span style="font-family:&quot;Times New Roman&quot;,&quot;serif&quot;">Although tenders were issued for the purchase of 331,500 metric tons of fertilizer till the 8th month of the current fiscal year, it seems that only 159,000 tons have been supplied. At this pace, it is not possible to import all the remaining fertilizers in the next three months. Stakeholders say that fertilizer could not be supplied on time due to the weakness of government policies and regulations. Joint Secretary of the Agriculture Development Division under the Ministry of Agriculture and Livestock Development Dr. Rajendra Prasad Mishra said that in terms of the country&#39;s needs, the budget initially set aside by the government for the purchase of fertilizers is low. He says that even if the resources are confirmed later, it will prolong the procurement process.</span></span></p>

<p><span style="font-size:18px"><span style="font-family:&quot;Times New Roman&quot;,&quot;serif&quot;">Mishra says that there is no provision for adjusting the price increase, no budget management to arrange for backup tenders and buffer stock, and there is a problem in the supply of fertilizers. According to him, since 20 to 30 percent of the procurement process fails, such arrangements must be made in the budget to prevent supply disruption.</span></span></p>

<p><span style="font-size:18px"><span style="font-family:&quot;Times New Roman&quot;,&quot;serif&quot;">&ldquo;A bidding period of 45 days has been set for the purchase of fertilizer. If the bid is unsuccessful, the bid should be invited again with a period of 21 days, which prolongs the procurement process. The farming season in North India and Nepal is the same, due to which the port and rail transport services are under heavy pressure. Due to this, even the purchased fertilizers cannot be supplied to Nepal on time,&rdquo; Mishra told New Business Age.</span></span></p>

<p><span style="font-size:18px"><span style="font-family:&quot;Times New Roman&quot;,&quot;serif&quot;">Bishnu Pokhrel, managing director of Agricultural Inputs Company Limited says that the current tender period is too long to buy items whose prices change weekly, such as chemical fertilizers. He argues that the current tender period should be shortened to strengthen the supply. Pokhrel complains that even though the Agricultural Inputs Company has been taking initiatives for the amendment of the Procurement Act for the past 10 years, it has not been possible. He said, &ldquo;Until the Procurement Act is amended, the problem of delay in fertilizer supply will continue to persist in Nepal.&rdquo;</span></span></p>

<p><span style="font-size:18px"><span style="font-family:&quot;Times New Roman&quot;,&quot;serif&quot;">According to the Chemical Fertilizer Procurement Act, the supply chain for fertilizer procurement is 227 days from the date of issuing the tender notice to the delivery of the goods. According to the ministry, if the process is prolonged, it will take up to 260 days to deliver the fertilizer. Since the supply chain is very long, the process has to be started as early as October of the previous year to buy the fertilizer required in next May-June. </span></span></p>

<p><span style="font-size:18px"><span style="font-family:&quot;Times New Roman&quot;,&quot;serif&quot;">Joint Secretary Mishra says that instead of the method of buying fertilizers according to the budget, a policy and program should be implemented by determining the quantity of 500,000 to 600,000 metric tons of fertilizers to be supplied annually.</span></span></p>

<p>&nbsp;</p>
',
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			'sortorder' => '17314',
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			'article_date' => '2023-04-17 12:21:42',
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	(int) 11 => array(
		'Article' => array(
			'id' => '17578',
			'article_category_id' => '1',
			'title' => 'NTB Attends Travel Mart in Hanoi',
			'sub_title' => '',
			'summary' => 'April 17: Nepal Tourism Board and private sector businessmen of the country participated in the International Travel Mart (VITM 2023) which was successfully held in Hanoi.',
			'content' => '<p><span style="font-size:12pt"><span style="font-family:&quot;Times New Roman&quot;,&quot;serif&quot;"><span style="font-size:15.0pt"><span style="font-family:&quot;Arial&quot;,&quot;sans-serif&quot;">April 17: Nepal Tourism Board and private sector businessmen of the country participated in the International Travel Mart (VITM 2023) which was successfully held in Hanoi, the capital of Vietnam, from April 13 to 16. The four-day event was organized by the Vietnam Society of Travel Agents (VITA), a national tourism organization. </span></span></span></span></p>

<p><span style="font-size:12pt"><span style="font-family:&quot;Times New Roman&quot;,&quot;serif&quot;"><span style="font-size:15.0pt"><span style="font-family:&quot;Arial&quot;,&quot;sans-serif&quot;">On that occasion, stakeholders who came to the Nepal&rsquo;s stall asked questions about various tourist destinations, immigration policy and air network of Nepal.</span></span></span></span></p>

<p><span style="font-size:12pt"><span style="font-family:&quot;Times New Roman&quot;,&quot;serif&quot;"><span style="font-size:15.0pt"><span style="font-family:&quot;Arial&quot;,&quot;sans-serif&quot;">Rohini Khanal, manager of Nepal Tourism Board, said that since Nepal is a new destination for most of the Vietnamese, Nepal&#39;s presence in the fair helped in promoting tourism.</span></span></span></span></p>

<p><span style="font-size:12pt"><span style="font-family:&quot;Times New Roman&quot;,&quot;serif&quot;"><span style="font-size:15.0pt"><span style="font-family:&quot;Arial&quot;,&quot;sans-serif&quot;">She said that Vietnamese youth are excited to come to Nepal for adventure tourism. The number of tourists coming to Nepal from Vietnam is expected to increase in the future.</span></span></span></span></p>

<p><span style="font-size:12pt"><span style="font-family:&quot;Times New Roman&quot;,&quot;serif&quot;"><span style="font-size:15.0pt"><span style="font-family:&quot;Arial&quot;,&quot;sans-serif&quot;">Stakeholders, who participated in the fair, emphasized the need to expand air connectivity between Nepal and Vietnam. The representatives of various media who came to Nepal&rsquo;s stall requested the Nepal Tourism Board to cooperate with Vietnam&#39;s print, television and social media for the promotion of Nepal&#39;s tourism.</span></span></span></span></p>

<p>&nbsp;</p>

<p>&nbsp;</p>
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			'id' => '17577',
			'article_category_id' => '1',
			'title' => 'PM Directs to Halt Tax on FPO   ',
			'sub_title' => '',
			'summary' => 'April 17: Prime Minister Pushpa Kamal Dahal has directed all stakeholders to postpone the decision on imposing tax on share premium amount sold through the further public offering (FPO). ',
			'content' => '<p><span style="font-size:18px"><span style="font-family:Calibri,&quot;sans-serif&quot;"><span style="font-family:&quot;Arial Unicode MS&quot;,&quot;sans-serif&quot;">April 17: Prime Minister Pushpa Kamal Dahal has directed all stakeholders to postpone the decision on imposing tax on share premium amount sold through the further public offering (FPO). The PM has also asked to seek a long-term solution to this issue.&nbsp; &nbsp;&nbsp;&nbsp;</span><br />
<span style="font-family:&quot;Arial Unicode MS&quot;,&quot;sans-serif&quot;">The PM issued such a directive after the Confederation of Nepalese Industries (CNI) and Nepal Bankers&#39; Association drew the PM&#39;s attention regarding the impacts of the taxation on the share&#39;s premium amount.&nbsp;&nbsp;&nbsp;&nbsp; </span><br />
<span style="font-family:&quot;Arial Unicode MS&quot;,&quot;sans-serif&quot;">During the meeting with the business leaders, PM Dahal vowed to initiate the process to address this issue for the long term.&nbsp;&nbsp;&nbsp;&nbsp; </span><br />
<span style="font-family:&quot;Arial Unicode MS&quot;,&quot;sans-serif&quot;">The banks and financial institutions (BFIs) had increased their paid-up capital through the FPO as per the directive of the central bank.&nbsp;&nbsp;&nbsp;&nbsp; </span><br />
<span style="font-family:&quot;Arial Unicode MS&quot;,&quot;sans-serif&quot;">During that period, there was no taxation on FPO but the 58th annual report of the Office of the Auditor General had mentioned that the FPO share&#39;s premium amount should come under the ambit of tax while concluding that the tax amount should be paid from such companies. -- RSS &nbsp;</span></span></span></p>
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			'id' => '17576',
			'article_category_id' => '1',
			'title' => 'Inland Revenue Down by Rs 5.5 Billion ',
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			'content' => '<p><span style="font-size:20px">April 17: &nbsp;Collection of inland revenues is down by Rs 5.5 billion until the third quarter (mid-April) of the current fiscal year.&nbsp;The government has collected Rs 337.10 billion in inland revenues until the third quarter of the current fiscal year, according to the Inland Revenue Department.&nbsp;</span></p>

<p><span style="font-size:20px">The government had collected Rs 342.65 billion in inland revenues during the same period last fiscal year. Officials at IRD say that economic effect seen in multiple sectors has affected collection of inland revenue.</span></p>

<p><span style="font-size:20px">The government has collected Rs 5.5 billion less in inland revenues in the first nine months of the current fiscal year compared to last fiscal year&rsquo;s same period. &nbsp;Collection in inland revenue has fallen by 1.62% in the nine months of the current fiscal year compared to same period last fiscal.&nbsp;</span></p>

<p><span style="font-size:20px">The government has collected Rs 150.20 billion in income tax until the third quarter of the current fiscal year against its collection of Rs 165.45 billion in the review period last fiscal year.&nbsp; Nine months&rsquo; value added tax(VAT) stands at Rs 78.89 billion. Likewise, Rs 74.28 billion was collected under excise duty.&nbsp;</span></p>

<p><span style="font-size:20px">According to department, the government has collected Rs 1.97 billion rental taxes, Rs 5.25 billion health service tax and Rs 1.26 billion education tax respectively.&nbsp; </span></p>

<p><span style="font-size:20px">The government has collected only 50% revenue against its annual target till the end of third quarter of the current fiscal year, according to Financial Comptroller General Office.</span></p>

<p><span style="font-size:20px">The government has been able to collect only Rs 724.47 billion in revenues until third quarter against its annual target of Rs 1458.60 billion. &nbsp;</span></p>

<p>&nbsp;</p>
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			'id' => '17575',
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			'title' => 'Around 500 Megawatts of Electricity added to National Grid in 2079 BS',
			'sub_title' => '',
			'summary' => 'April 16: The cooperation between the government and the private sector in the development and expansion of electricity, which is considered to be one of the foundations for the country's economic prosperity, has started bearing fruits.',
			'content' => '<p><span style="font-size:12pt"><span style="font-family:&quot;Times New Roman&quot;,&quot;serif&quot;"><span style="font-size:14.0pt"><span style="font-family:&quot;Arial&quot;,&quot;sans-serif&quot;">April 16: The cooperation between the government and the private sector in the development and expansion of electricity, which is considered to be one of the foundations for the country&#39;s economic prosperity, has started bearing fruits.</span></span></span></span></p>

<p><span style="font-size:12pt"><span style="font-family:&quot;Times New Roman&quot;,&quot;serif&quot;"><span style="font-size:14.0pt"><span style="font-family:&quot;Arial&quot;,&quot;sans-serif&quot;">Approximately 500 megawatts of power has been added to the national grid throughout the year 2079 BS.</span></span></span></span></p>

<p><span style="font-size:12pt"><span style="font-family:&quot;Times New Roman&quot;,&quot;serif&quot;"><span style="font-size:14.0pt"><span style="font-family:&quot;Arial&quot;,&quot;sans-serif&quot;">Electricity addition has continued, according to the Nepal Electricity Authority (NEA), the public power utility, adding that the country&#39;s total installed capacity would reach around 3,000 megawatts within the current fiscal year, 2022/23 ending mid-July, if this continues.&nbsp;</span></span></span></span></p>

<p><span style="font-size:12pt"><span style="font-family:&quot;Times New Roman&quot;,&quot;serif&quot;"><span style="font-size:14.0pt"><span style="font-family:&quot;Arial&quot;,&quot;sans-serif&quot;">So far, 2689 megawatts power has been linked with the national grid, NEA said. Until mid-July, 2023, additional 15 hydropower projects are expected to be completed.</span></span></span></span></p>

<p><span style="font-size:12pt"><span style="font-family:&quot;Times New Roman&quot;,&quot;serif&quot;"><span style="font-size:14.0pt"><span style="font-family:&quot;Arial&quot;,&quot;sans-serif&quot;">In the year 2079 BS, a total 19 hydropower projects have come into full operation, and the test of nine others has reached the final stage.</span></span></span></span></p>

<p><span style="font-size:12pt"><span style="font-family:&quot;Times New Roman&quot;,&quot;serif&quot;"><span style="font-size:14.0pt"><span style="font-family:&quot;Arial&quot;,&quot;sans-serif&quot;">The biggest project developed by the private sector that has been completed within the year is the Solukhola (Dudhkoshi) Hydroelectricity Project. Inaugurated by Prime Minister Pushpa Kamal Dahal, the project developed by Sahas Urja started commercial production from 1 March, 2023.</span></span></span></span></p>

<p><span style="font-size:12pt"><span style="font-family:&quot;Times New Roman&quot;,&quot;serif&quot;"><span style="font-size:14.0pt"><span style="font-family:&quot;Arial&quot;,&quot;sans-serif&quot;">Nepal has already been self-sufficient in power during the monsoon season and the situation for the winter is also improving.&nbsp;</span></span></span></span></p>

<p><span style="font-size:12pt"><span style="font-family:&quot;Times New Roman&quot;,&quot;serif&quot;"><span style="font-size:14.0pt"><span style="font-family:&quot;Arial&quot;,&quot;sans-serif&quot;">Projects with accumulative capacity of 3,280 megawatts are under development and once they get complete, the national grid will have around 7,000 megawatts of electricity.&nbsp;&nbsp;</span></span></span></span></p>

<p><span style="font-size:12pt"><span style="font-family:&quot;Times New Roman&quot;,&quot;serif&quot;"><span style="font-size:14.0pt"><span style="font-family:&quot;Arial&quot;,&quot;sans-serif&quot;">The NEA is preparing to export around 1,200 mw of electricity in the coming monsoon.</span></span></span></span></p>

<p><span style="font-size:12pt"><span style="font-family:&quot;Times New Roman&quot;,&quot;serif&quot;"><span style="font-size:14.0pt"><span style="font-family:&quot;Arial&quot;,&quot;sans-serif&quot;">According to Independent Power Producers&#39; Association Nepal (IPPAN), some projects promoted by the private sector are in the phase of test production.</span></span></span></span></p>

<p><span style="font-size:12pt"><span style="font-family:&quot;Times New Roman&quot;,&quot;serif&quot;"><span style="font-size:14.0pt"><span style="font-family:&quot;Arial&quot;,&quot;sans-serif&quot;">Those projects will begin commercial production following the 15-day test production in the presence of NEA employees. The test production of the 19.8-mw Upper Solu River Hydropower Project promoted by Beni Hydropower is in the final phase. As informed by company&rsquo;s managing director Ganesh Karki, the project&#39;s power has been already connected to the national grid and the commercial production is likely within the next few days.&nbsp;</span></span></span></span></p>

<p><span style="font-size:12pt"><span style="font-family:&quot;Times New Roman&quot;,&quot;serif&quot;"><span style="font-size:14.0pt"><span style="font-family:&quot;Arial&quot;,&quot;sans-serif&quot;">Likewise, the 14.9-mw Mayakhola Project based in Sankhuwasabha district will be starting commercial production very soon.</span></span></span></span></p>

<p><span style="font-size:12pt"><span style="font-family:&quot;Times New Roman&quot;,&quot;serif&quot;"><span style="font-size:14.0pt"><span style="font-family:&quot;Arial&quot;,&quot;sans-serif&quot;">The 5-mw Rukumgad Project based in Rukum, the Sindhupalchowk-based Ghatte Khola Project of around one megawatt will be entering the phase of commercial production.</span></span></span></span></p>

<p><span style="font-size:12pt"><span style="font-family:&quot;Times New Roman&quot;,&quot;serif&quot;"><span style="font-size:14.0pt"><span style="font-family:&quot;Arial&quot;,&quot;sans-serif&quot;">The 54-mw Super Dordi &#39;B&#39; in Lamjung&nbsp; and the 2-mw Solar Power Project&nbsp; in Nawalparasi, 6.8-mw Solar Power Project in Morang and 10-mw in Banke have been already connected to the national grid.</span></span></span></span></p>

<p><span style="font-size:12pt"><span style="font-family:&quot;Times New Roman&quot;,&quot;serif&quot;"><span style="font-size:14.0pt"><span style="font-family:&quot;Arial&quot;,&quot;sans-serif&quot;">The NEA stated that the 10-mw capacity Makarigad Project also started commercial production from this year. Based in Darchula, this project has contributed in managing power supply in the Sudurpaschim Province.</span></span></span></span></p>

<p><span style="font-size:12pt"><span style="font-family:&quot;Times New Roman&quot;,&quot;serif&quot;"><span style="font-size:14.0pt"><span style="font-family:&quot;Arial&quot;,&quot;sans-serif&quot;">NEA Executive Director Kulman Ghising has directed the construction companies concerned to complete the construction of Rasuwagadhi, Sanjen and Mid Bhotekoshi hydel projects by the end of the current fiscal year. These projects are being constructed through the public-private partnership model.</span></span></span></span></p>

<p><span style="font-size:12pt"><span style="font-family:&quot;Times New Roman&quot;,&quot;serif&quot;"><span style="font-size:14.0pt"><span style="font-family:&quot;Arial&quot;,&quot;sans-serif&quot;">The Rasuwagadhi project has a total capacity of 111 megawatts, the Upper and Lower Sanjen 57 megawatts and the Mid Bhotekoshi project 102 megawatts. Once the power produced from these projects is connected to the national grid, it would make a positive impact on the power supply sector.</span></span></span></span></p>

<p><span style="font-size:12pt"><span style="font-family:&quot;Times New Roman&quot;,&quot;serif&quot;"><span style="font-size:14.0pt"><span style="font-family:&quot;Arial&quot;,&quot;sans-serif&quot;">NEA had exported 425 megawatts electricity to India in the year 2079 BS. It has made an income equivalent to Rs 8.44 billion in the current fiscal year through power export alone. Preparations are being made to export 1,200 megawatts of excess electricity in this fiscal year.</span></span></span></span></p>

<p><span style="font-size:12pt"><span style="font-family:&quot;Times New Roman&quot;,&quot;serif&quot;"><span style="font-size:14.0pt"><span style="font-family:&quot;Arial&quot;,&quot;sans-serif&quot;">Important talks were held in the year 2079 BS with India for power trade. An agreement has also been reached with Bangladesh for exporting 50 megawatts of energy initially.</span></span></span></span></p>

<p><span style="font-size:12pt"><span style="font-family:&quot;Times New Roman&quot;,&quot;serif&quot;"><span style="font-size:14.0pt"><span style="font-family:&quot;Arial&quot;,&quot;sans-serif&quot;">The process of constructing the New Butwal-Gorakhpur 400 kV transmission line has moved ahead. The government has registered a company and forwarded the process of building the 1,200 megawatt capacity Budhi Gandaki Hydroelectric Project.&nbsp;</span></span></span></span></p>

<p><span style="font-size:12pt"><span style="font-family:&quot;Times New Roman&quot;,&quot;serif&quot;"><span style="font-size:14.0pt"><span style="font-family:&quot;Arial&quot;,&quot;sans-serif&quot;">Indian companies have shown interest in constructing some big projects. The Indian company, NHPC, has moved ahead with the necessary process for the construction of the 750-mw-capacity West Seti and the 450-mw Seti River-6 Project.</span></span></span></span></p>

<p><span style="font-size:12pt"><span style="font-family:&quot;Times New Roman&quot;,&quot;serif&quot;"><span style="font-size:14.0pt"><span style="font-family:&quot;Arial&quot;,&quot;sans-serif&quot;">Foreign investment has been gradually attracted in the energy sector. In the same way, the domestic investors are preparing to go ahead with the construction of projects with the capacity of generating 1,553 mw power, IPPAN&#39;s executive member Prakash Dulal said.</span></span></span></span></p>

<p><span style="font-size:12pt"><span style="font-family:&quot;Times New Roman&quot;,&quot;serif&quot;"><span style="font-size:14.0pt"><span style="font-family:&quot;Arial&quot;,&quot;sans-serif&quot;">The total production capacity of the under-construction projects and those that are in the process of construction is 4,834 mw. Electricity has reached nearly 96.5 percent of households in Nepal.</span></span></span></span></p>

<p><span style="font-size:12pt"><span style="font-family:&quot;Times New Roman&quot;,&quot;serif&quot;"><span style="font-size:14.0pt"><span style="font-family:&quot;Arial&quot;,&quot;sans-serif&quot;">Amid this backdrop, the year 2079 BS has become an important year for the development and expansion of the energy sector. -- RSS</span></span></span></span></p>

<p>&nbsp;</p>
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			'title' => 'Online Revenue Collection Halted due to Server Problem',
			'sub_title' => '',
			'summary' => 'April 18: Revenue collection of the government has been affected due to problems in the server related to revenue. ',
			'content' => '<p><span style="font-size:12pt"><span style="font-family:&quot;Times New Roman&quot;,&quot;serif&quot;"><span style="font-size:15.0pt"><span style="font-family:&quot;Arial&quot;,&quot;sans-serif&quot;">April 18: Revenue collection of the government has been affected due to problems in the server related to revenue. The Financial Comptroller General Office (FCGO) said that the government&rsquo;s revenue collection was halted from </span></span><span style="font-size:15.0pt"><span style="font-family:&quot;Arial Unicode MS&quot;,&quot;sans-serif&quot;">11:00</span></span><span style="font-size:15.0pt"><span style="font-family:&quot;Arial&quot;,&quot;sans-serif&quot;"> am to </span></span><span style="font-size:15.0pt"><span style="font-family:&quot;Arial Unicode MS&quot;,&quot;sans-serif&quot;">1:00</span></span><span style="font-size:15.0pt"><span style="font-family:&quot;Arial&quot;,&quot;sans-serif&quot;"> am on Monday as the served went down.</span></span></span></span></p>

<p><span style="font-size:12pt"><span style="font-family:&quot;Times New Roman&quot;,&quot;serif&quot;"><span style="font-size:15.0pt"><span style="font-family:&quot;Arial Unicode MS&quot;,&quot;sans-serif&quot;">&quot;</span></span><span style="font-size:15.0pt"><span style="font-family:&quot;Arial&quot;,&quot;sans-serif&quot;">We apologize for the inconvenience caused by the system error related to RMIA, TSA, CGAS, Sutra, PAMS and other systems operated by this office from </span></span><span style="font-size:15.0pt"><span style="font-family:&quot;Arial Unicode MS&quot;,&quot;sans-serif&quot;">11:00</span></span><span style="font-size:15.0pt"><span style="font-family:&quot;Arial&quot;,&quot;sans-serif&quot;"> am to </span></span><span style="font-size:15.0pt"><span style="font-family:&quot;Arial Unicode MS&quot;,&quot;sans-serif&quot;">1:00</span></span><span style="font-size:15.0pt"><span style="font-family:&quot;Arial&quot;,&quot;sans-serif&quot;"> am on Monday (April 17),&quot; reads a notice issued by the FCGO.</span></span></span></span></p>

<p><span style="font-size:12pt"><span style="font-family:&quot;Times New Roman&quot;,&quot;serif&quot;"><span style="font-size:15.0pt"><span style="font-family:&quot;Arial&quot;,&quot;sans-serif&quot;">Gayatri Raman Khanal, information officer of the FCGO, said that the server was operational after </span></span><span style="font-size:15.0pt"><span style="font-family:&quot;Arial Unicode MS&quot;,&quot;sans-serif&quot;">1:00</span></span><span style="font-size:15.0pt"><span style="font-family:&quot;Arial&quot;,&quot;sans-serif&quot;"> pm, but was not fully operational. </span></span></span></span></p>

<p><span style="font-size:12pt"><span style="font-family:&quot;Times New Roman&quot;,&quot;serif&quot;"><span style="font-size:15.0pt"><span style="font-family:&quot;Arial&quot;,&quot;sans-serif&quot;">&ldquo;The server was completely down for three hours on Monday. When it came into operation after </span></span><span style="font-size:15.0pt"><span style="font-family:&quot;Arial Unicode MS&quot;,&quot;sans-serif&quot;">1</span></span><span style="font-size:15.0pt"><span style="font-family:&quot;Arial&quot;,&quot;sans-serif&quot;"> o&#39;clock, it was slow because many people were using the server at the same time,&rdquo; said Khanal.</span></span></span></span></p>

<p><span style="font-size:12pt"><span style="font-family:&quot;Times New Roman&quot;,&quot;serif&quot;"><span style="font-size:15.0pt"><span style="font-family:&quot;Arial&quot;,&quot;sans-serif&quot;">According to him, the online revenue collection was halted on Monday due to the problem in the government server. He said that even cheques issued could not be cashed while revenue collection was completely halted for some time.</span></span></span></span></p>

<p>&nbsp;</p>

<p>&nbsp;</p>
',
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			'created' => '2023-04-18',
			'modified' => '2023-04-18',
			'keywords' => '',
			'description' => '',
			'sortorder' => '17324',
			'image' => '20230418094749_aaa.jpg',
			'article_date' => '2023-04-18 09:47:14',
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	(int) 1 => array(
		'Article' => array(
			'id' => '17588',
			'article_category_id' => '1',
			'title' => 'Patan High Court Issues Diktat not to Implement Decision to Use Dozers in Squatter Settlements',
			'sub_title' => '',
			'summary' => 'The Patan High Court has issued an interim order in the name of concerned authorities not to immediately implement the decision to use dozers in landless squatter settlements on the banks of various rivers in Kathmandu Valley. ',
			'content' => '<p><br />
<span style="font-size:20px">April 18: The Patan High Court has issued an interim order in the name of concerned authorities not to immediately implement the decision to use dozers in landless squatter settlements on the banks of various rivers in Kathmandu.&nbsp;</span></p>

<p><span style="font-size:20px">A division bench of judges Durga Bahadur Bishwakarma and Dipendra Adhikari handed down the order. Giving continuity to the interim order given by the single bench of Judge Dhir Bahadur Chand on March 31, the Court has summoned both sides for a discussion on April 26.&nbsp;</span></p>

<p><span style="font-size:20px">The Court has issued the interim order not to immediately implement the notice issued by the Kathmandu Metropolitan City on March 25 to vacate the settlements located on the banks of various rivers.&nbsp; </span></p>

<p><span style="font-size:20px">With the continuation of the interim order, the settlement removal process has been stopped for the time being. ---RSS&nbsp;</span></p>
',
			'published' => true,
			'created' => '2023-04-18',
			'modified' => '2023-04-18',
			'keywords' => '',
			'description' => '',
			'sortorder' => '17323',
			'image' => '20230418065046_collage (78).jpg',
			'article_date' => '2023-04-18 06:48:58',
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	(int) 2 => array(
		'Article' => array(
			'id' => '17587',
			'article_category_id' => '274',
			'title' => 'Minister Mahat Calls for Collaborative Efforts to Do Away With Economic Woes ',
			'sub_title' => '',
			'summary' => 'Minister for Finance Dr Prakash Sharan Mahat stressed that that the government and private sector should collaborate to remove difficulties facing the country’s economy.',
			'content' => '<p><span style="font-size:20px">&nbsp;April 18: Minister for Finance Dr Prakash Sharan Mahat stressed that that the government and private sector should collaborate to remove difficulties facing the country&rsquo;s economy.</span></p>

<p><span style="font-size:20px">Congratulating the newly elected office-bearers of the Federation of Nepalese Chambers of Commerce and Industry (FNCCI) in Kathmandu on Monday, Minister Mahat asserted that the government and private sector should support each other to overcome problems seen in the economy.</span></p>

<p><span style="font-size:20px">&quot;The entrepreneurs and businessmen feel uncomfortable, difficult and pressurized at present. I understand there are some obstacles and disturbances. The government and private sector should work together to remove these hardships,&quot; Mahat emphasized.&nbsp;</span></p>

<p><span style="font-size:20px">Minister Dr Mahat admitted that the government has not been able to deliver as it should. &quot;We, from political leadership to bureaucracy should admit it. I am ready to admit it. We must bring about good changes in the economy. There is a challenge to increase efficiency of the country,&quot; the Minister opined.</span></p>

<p><span style="font-size:20px">&nbsp;The Minister shared that he had held formal and informal discussions with the leadership of the Nepal Rastra Bank to revitalize the national economy.&nbsp;</span></p>

<p><span style="font-size:20px">Dr Mahat said that the Nepal Bankers&#39; Association(NBA) decision to lower the interest rates on deposits starting from Baisakh 1 of New Year 2080 would help ease the economic difficulties facing the country.&nbsp;</span></p>

<p><span style="font-size:20px">&quot;I request to the private sector to disclose the realities. I will try my best to solve your problems through monetary policy,&quot; Mahat held.&nbsp;</span></p>

<p>&nbsp;</p>
',
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			'created' => '2023-04-18',
			'modified' => '2023-04-18',
			'keywords' => '',
			'description' => '',
			'sortorder' => '17322',
			'image' => '20230418062106_collage (77).jpg',
			'article_date' => '2023-04-18 06:11:35',
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	(int) 3 => array(
		'Article' => array(
			'id' => '17586',
			'article_category_id' => '1',
			'title' => 'Nabil Bank CEO Dhungana Felicitated with ‘Prabal Janasewa Shree Award’ ',
			'sub_title' => '',
			'summary' => 'Gyanendra Prasad Dgungana, Chief Executive Officer (CEO) of Nabil Bank, has been honoured with prestigious ‘Prabal Janasewa Shree medal’. In recognition of his outstanding contribution to the banking sector in Nepal, President Ram Chandra Poudel conferred Dhungana with ‘Prabal Janasewa Shree medal’. ',
			'content' => '<p><span style="font-size:20px">April 17: Gyanendra Prasad Dgungana, Chief Executive Officer (CEO) of Nabil Bank, has been honoured with prestigious &lsquo;Prabal Janasewa Shree medal&rsquo;.&nbsp;</span></p>

<p><span style="font-size:20px">In recognition of his outstanding contribution to the banking sector in Nepal, President Ram Chandra Poudel conferred Dhungana with &lsquo;Prabal Janasewa Shree medal&rsquo;.&nbsp;</span></p>

<p><span style="font-size:20px">The medal was awarded to CEO Dhungana on the occasion of Constitution Day of 2079 and distributed to him on the occasion of New Year 2080.&nbsp;</span></p>

<p><span style="font-size:20px">Dhungana has more than 25 years of experience in the banking sector. He has been leading the Nabil Bank as the CEO since Ashad 2079 after the merger of the then Nepal Bangladesh Bank with Nabil Bank. Prior to this, Dhungana served as the CEO of Nepal Bangladesh Bank for ten years.&nbsp;</span></p>

<p><span style="font-size:20px">Additionally, Dhungana has served as the President of Nepal Bankers&rsquo; Association. He has also worked as a Director of Nepal Rastra Bank.&nbsp;</span></p>

<p><span style="font-size:20px">Dhungana has finished Chartered Accountancy (CA) from India, Certificate Public Accountant (CPA) from Australia and has Master&rsquo;s in Financial Analysis.&nbsp;</span><br />
&nbsp;</p>
',
			'published' => true,
			'created' => '2023-04-17',
			'modified' => '2023-04-17',
			'keywords' => '',
			'description' => '',
			'sortorder' => '17321',
			'image' => '20230417045029_collage - 2023-04-17T165027.664.jpg',
			'article_date' => '2023-04-17 16:47:44',
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	(int) 4 => array(
		'Article' => array(
			'id' => '17585',
			'article_category_id' => '1',
			'title' => 'FAQs Related to Start-Up Loan',
			'sub_title' => '',
			'summary' => 'April 17: After the Department of Industry called for proposals from eligible companies seeking start-up loans, more than half a dozen questions have been asked several times in connection with the loan procedure.',
			'content' => '<p><span style="font-size:12pt"><span style="font-family:&quot;Times New Roman&quot;,&quot;serif&quot;"><span style="font-size:15.0pt"><span style="font-family:&quot;Arial&quot;,&quot;sans-serif&quot;">April 17: After the Department of Industry called for proposals from eligible companies seeking start-up loans, more than half a dozen questions have been asked several times in connection with the loan procedure.</span></span></span></span></p>

<p><span style="font-size:12pt"><span style="font-family:&quot;Times New Roman&quot;,&quot;serif&quot;"><span style="font-size:15.0pt"><span style="font-family:&quot;Arial&quot;,&quot;sans-serif&quot;">One of the frequently raised question is &ndash; why are the companies registered under PAN ineligible to receive the start-up loan.</span></span></span></span></p>

<p><span style="font-size:12pt"><span style="font-family:&quot;Times New Roman&quot;,&quot;serif&quot;"><span style="font-size:15.0pt"><span style="font-family:&quot;Arial&quot;,&quot;sans-serif&quot;">The department said those submitting proposals asking a wide range of questions such as whether the interest rate will increase later or not.</span></span></span></span></p>

<p><span style="font-size:12pt"><span style="font-family:&quot;Times New Roman&quot;,&quot;serif&quot;"><span style="font-size:15.0pt"><span style="font-family:&quot;Arial&quot;,&quot;sans-serif&quot;">The department has responded by publishing the answers to the frequently asked questions (FAQs) on its official website doind.gov.np. The department had issued a notice on March 30 and called for proposals within </span></span><span style="font-size:15.0pt"><span style="font-family:&quot;Arial Unicode MS&quot;,&quot;sans-serif&quot;">21</span></span><span style="font-size:15.0pt"><span style="font-family:&quot;Arial&quot;,&quot;sans-serif&quot;"> days to take such loans. </span></span></span></span></p>

<p><span style="font-size:12pt"><span style="font-family:&quot;Times New Roman&quot;,&quot;serif&quot;"><span style="font-size:15.0pt"><span style="font-family:&quot;Arial&quot;,&quot;sans-serif&quot;">While proposing for start-up loan projects, questions have been asked such as why a single shareholder cannot propose for a start-up loan and why the companies registered with the permanent account number (PAN), ward or a local body cannot propose for such a loan.</span></span></span></span></p>

<p><span style="font-size:12pt"><span style="font-family:&quot;Times New Roman&quot;,&quot;serif&quot;"><span style="font-size:15.0pt"><span style="font-family:&quot;Arial&quot;,&quot;sans-serif&quot;">Similarly, the other FAQ include whether or not such loan can be given to an organization which has added shareholders after amendment, whether they will get this loan if they have already taken a loan from another bank, how many installments the loan has to be paid (annually or monthly), will the interest rate increase from </span></span><span style="font-size:15.0pt"><span style="font-family:&quot;Arial Unicode MS&quot;,&quot;sans-serif&quot;">3</span></span><span style="font-size:15.0pt"><span style="font-family:&quot;Arial&quot;,&quot;sans-serif&quot;"> percent later and how many people will get a start-up loan? The department mentioned that such questions were asked during the project proposal.</span></span></span></span></p>

<p><span style="font-size:12pt"><span style="font-family:&quot;Times New Roman&quot;,&quot;serif&quot;"><span style="font-size:15.0pt"><span style="font-family:&quot;Arial&quot;,&quot;sans-serif&quot;">The department has tried to dispel the doubts by giving clear answers to the questions raised in the proposals repeatedly.</span></span></span></span></p>

<p><span style="font-size:12pt"><span style="font-family:&quot;Times New Roman&quot;,&quot;serif&quot;"><span style="font-size:15.0pt"><span style="font-family:&quot;Arial&quot;,&quot;sans-serif&quot;">The department clarified that a single shareholder cannot be offered the start-up loan as it is targeted at a group of entrepreneurs with the latest thinking, knowledge, skills and abilities. Similarly, partnership firms and companies can submit proposals for such loans as there is a provision in the &#39;Start-up Business Loan Disbursement Procedure </span></span><span style="font-size:15.0pt"><span style="font-family:&quot;Arial Unicode MS&quot;,&quot;sans-serif&quot;">2079</span></span><span style="font-size:15.0pt"><span style="font-family:&quot;Arial&quot;,&quot;sans-serif&quot;">&#39; that only such companies are considered eligible for loans.</span></span></span></span></p>

<p><span style="font-size:12pt"><span style="font-family:&quot;Times New Roman&quot;,&quot;serif&quot;"><span style="font-size:15.0pt"><span style="font-family:&quot;Arial&quot;,&quot;sans-serif&quot;">Similarly, on the question of whether to give loans to those who have added shareholders after amendment, the department said that the organisations that did so before they issued the notice on March 30 can avail such loan but those who amended their statute after the notice was released will not get this loan.</span></span></span></span></p>

<p><span style="font-size:12pt"><span style="font-family:&quot;Times New Roman&quot;,&quot;serif&quot;"><span style="font-size:15.0pt"><span style="font-family:&quot;Arial&quot;,&quot;sans-serif&quot;">Similarly, the department has mentioned that women are also among the target group of start-up enterprise loans. </span></span></span></span></p>

<p><span style="font-size:12pt"><span style="font-family:&quot;Times New Roman&quot;,&quot;serif&quot;"><span style="font-size:15.0pt"><span style="font-family:&quot;Arial&quot;,&quot;sans-serif&quot;">Similarly, in relation to the question of how many installments the loan should be paid (annually or monthly), the department said it will be according to the rules of the bank providing the loan. The department further said that the interest rate of the loan will be limited to </span></span><span style="font-size:15.0pt"><span style="font-family:&quot;Arial Unicode MS&quot;,&quot;sans-serif&quot;">3</span></span><span style="font-size:15.0pt"><span style="font-family:&quot;Arial&quot;,&quot;sans-serif&quot;"> percent as such loans will flow for a maximum period of </span></span><span style="font-size:15.0pt"><span style="font-family:&quot;Arial Unicode MS&quot;,&quot;sans-serif&quot;">7</span></span><span style="font-size:15.0pt"><span style="font-family:&quot;Arial&quot;,&quot;sans-serif&quot;"> years. </span></span></span></span></p>

<p><span style="font-size:12pt"><span style="font-family:&quot;Times New Roman&quot;,&quot;serif&quot;"><span style="font-size:15.0pt"><span style="font-family:&quot;Arial&quot;,&quot;sans-serif&quot;">The department called for submission of proposals on March 30 after the procedure was approved on March 24. </span></span></span></span></p>

<p><span style="font-size:12pt"><span style="font-family:&quot;Times New Roman&quot;,&quot;serif&quot;"><span style="font-size:15.0pt"><span style="font-family:&quot;Arial&quot;,&quot;sans-serif&quot;">The procedure covers loans for </span></span><span style="font-size:15.0pt"><span style="font-family:&quot;Arial Unicode MS&quot;,&quot;sans-serif&quot;">14 </span></span><span style="font-size:15.0pt"><span style="font-family:&quot;Arial&quot;,&quot;sans-serif&quot;">different sectors related to agriculture, tourism, infrastructure, mining and minerals, automobiles and garbage and waste management and environment which fall under start-up enterprises. </span></span></span></span></p>

<p>&nbsp;</p>

<p>&nbsp;</p>
',
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			'keywords' => '',
			'description' => '',
			'sortorder' => '17320',
			'image' => '20230417042206_1681708614.Start Up.jpeg',
			'article_date' => '2023-04-17 16:21:24',
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	(int) 5 => array(
		'Article' => array(
			'id' => '17584',
			'article_category_id' => '266',
			'title' => 'Yamaha Launches Aerox 155, the Fastest Ultimate Scooter, in Nepal',
			'sub_title' => '',
			'summary' => 'MAW Enterprises, the authorized distributor of Yamaha Motorbikes and Scooters in Nepal, has launched the highly anticipated Yamaha Aerox 155, the ultimate Scooter in Nepal. ',
			'content' => '<p><span style="font-size:20px">April 17: &nbsp;MAW Enterprises, the authorized distributor of Yamaha Motorbikes and Scooters in Nepal, has launched the highly anticipated Yamaha Aerox 155, the ultimate Scooter in Nepal.&nbsp;</span></p>

<p><span style="font-size:20px">With its distinctive and sleek aerodynamic sporty design, the Aerox 155 complements the sense of speed and power, setting new standards for performance, style, and riding experience.</span></p>

<p><span style="font-size:20px">The Yamaha Aerox 155 features a liquid-cooled engine, making it Nepal&#39;s fastest Scooter with a top speed of 120 km/hr. Its &ldquo;R&rdquo; DNA engine of 155cc dishes out 15 bhp, providing riders with an unparalleled sense of speed and power. </span></p>

<p><span style="font-size:20px">The front LED headlights offer excellent night-time visibility, and the rear tail light has 12 compact LEDs that give out a 3D appearance, adding a touch of modernity to the bike&#39;s aesthetics.</span></p>

<p><span style="font-size:20px">The Aerox 155&#39;s 5.8-inch LCD instrument screen displays several features such as a speedometer, RPM, and VVA indicator, making it easy for riders &nbsp;keep track of important information while on the road.</span></p>

<p><span style="font-size:20px">Additionally, the scooter comes equipped with Yamaha Y-Connect, which can be connected to the rider&#39;s smartphone via an associated app, allowing riders to track things like maintenance intervals, malfunction notifications, mileage, battery level, and parking location.</span></p>

<p><span style="font-size:20px">Despite its sporty design, the Yamaha Aerox 155 is quite spacious and comes with practical 24.5-liter under-seat storage. It also offers a host of advanced technology, such as variable valve actuation (VVA), idle stop-start function aiding in fuel consumption, and front disc brake with ABS for enhanced safety.&nbsp;</span></p>

<p><span style="font-size:20px">The Aerox 155&#39;s superior quality materials ensure durability and dependability, providing a long-lasting and delightful ownership experience. The Yamaha Aerox 155 is available in three different colors: Racing Blue, Grey Vermillion, and Metallic Black at a starting price of Rs. 474,900, and customers can and book and buy the scooter from the official showrooms of Yamaha.&nbsp;</span></p>

<p><span style="font-size:20px">Raju Chhetri, CEO of Maw Enterprises said, &ldquo;The Aerox 155 is a game-changer in the Scooter market of Nepal, setting new standards for performance, style, and riding experience for both beginners and pro riders&rdquo;.</span></p>

<p><span style="font-size:20px">With scooter&rsquo;s powerful engine, advanced technology, and sleek design, the Yamaha Aerox 155 will be liked&nbsp;by the two-wheeler lovers in Nepal, Chhetri expressed confidence.&nbsp;</span><br />
&nbsp;</p>
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	(int) 6 => array(
		'Article' => array(
			'id' => '17583',
			'article_category_id' => '266',
			'title' => 'Over 150K People Attend Purple Saturday',
			'sub_title' => '',
			'summary' => 'April 17: Purple Saturday, co-organized by Ncell on the occasion of the 16th Durbar Marg Street Festival on April 15, was held in a grand manner, Ncell said in a statement.',
			'content' => '<p><span style="font-size:18px"><span style="font-family:Calibri,&quot;sans-serif&quot;"><span style="font-family:&quot;Arial Unicode MS&quot;,&quot;sans-serif&quot;">April 17: Purple Saturday, co-organized by Ncell on the occasion of the 16<sup>th</sup> Durbar Marg Street Festival on April 15, was held in a grand manner, Ncell said in a statement.</span></span></span></p>

<p><span style="font-size:18px"><span style="font-family:Calibri,&quot;sans-serif&quot;"><span style="font-family:&quot;Arial Unicode MS&quot;,&quot;sans-serif&quot;">The street festival was organized with the motive of promoting goods made in Nepal and to preserve the culture.</span></span></span></p>

<p><span style="font-size:18px"><span style="font-family:Calibri,&quot;sans-serif&quot;"><span style="font-family:&quot;Arial Unicode MS&quot;,&quot;sans-serif&quot;">The event was organized in a collaboration between the Federation of Nepalese Chambers of Commerce and Industry (FNCCI), Durbar Marg Development Board, Restaurant and Bar Association of Nepal (REBAN) and Ncell, which was also the main sponsor of the event.</span></span></span></p>

<p><span style="font-size:18px"><span style="font-family:Calibri,&quot;sans-serif&quot;"><span style="font-family:&quot;Arial Unicode MS&quot;,&quot;sans-serif&quot;">Minister for Culture, Tourism and Civil Aviation Sudan Kirati, FNCCI President Chandra Dhakal, FNCCI Senior Vice President Anjan Shrestha, Ncell&rsquo;s CEO Andy Chong along with representatives of Durbar Marg Development Board and REBAN jointly inaugurated the festival.</span></span></span></p>

<p><span style="font-size:18px"><span style="font-family:Calibri,&quot;sans-serif&quot;"><span style="font-family:&quot;Arial Unicode MS&quot;,&quot;sans-serif&quot;">The organisers believe that this festival will help in promoting domestic tourism and also support small and cottage industries as well as the tourism industry of Nepal.</span></span></span></p>

<p><span style="font-size:18px"><span style="font-family:Calibri,&quot;sans-serif&quot;"><span style="font-family:&quot;Arial Unicode MS&quot;,&quot;sans-serif&quot;">Popular musical bands like Kutumba, Deepak Bajracharya and Rhythm Band along with singers Trishala Gurung, Aawiskar KC, Rohit Shakya, Lahure and The Elements performed during the Purple Saturday event.</span></span></span></p>

<p><span style="font-size:18px"><span style="font-family:Calibri,&quot;sans-serif&quot;"><span style="font-family:&quot;Arial Unicode MS&quot;,&quot;sans-serif&quot;">According to the organisers, more than 150,000 people attended the event. </span></span></span></p>

<p>&nbsp;</p>

<p>&nbsp;</p>
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			'image' => '20230417034907_Purple Saturday (10).jpg',
			'article_date' => '2023-04-17 15:48:03',
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	(int) 7 => array(
		'Article' => array(
			'id' => '17582',
			'article_category_id' => '1',
			'title' => 'Foggy Weather Condition to Persist for Three More Days',
			'sub_title' => 'Kathmandu Tops the List of Most Polluted City in the World: AIQ',
			'summary' => 'April 17: Air pollution has been increasing all over the country, including the Kathmandu valley, due to the wild fires that have been raging in various parts of the country for the past few days.',
			'content' => '<p><span style="font-size:18px"><span style="font-family:Calibri,&quot;sans-serif&quot;">April 17: Air pollution has been increasing all over the country, including the Kathmandu valley, due to the wild fires that have been raging in various parts of the country for the past few days. </span></span></p>

<p><span style="font-size:18px"><span style="font-family:Calibri,&quot;sans-serif&quot;">The foggy condition of air due to pollution will persists for three more days, according to experts.</span></span></p>

<p><span style="font-size:18px"><span style="font-family:Calibri,&quot;sans-serif&quot;">The Department of Hydrology and Meteorology has said that the pollution will remain stable for a few more days as there is no chance of wind and rainfall to remove the pollution.</span></span></p>

<p><span style="font-size:18px"><span style="font-family:Calibri,&quot;sans-serif&quot;">According to the division, the air pollution is high because there has been no rainfall in some parts of the country for a long time and there have been forest fires in many places.</span></span></p>

<p><span style="font-size:18px"><span style="font-family:Calibri,&quot;sans-serif&quot;">Shankar Prasad Paudel, spokesperson for the Department of Environment, said that the pollutants have accumulated near the surface due to lack of rain and low pressure of wind along with the smoke emitted from the fires.</span></span></p>

<p><span style="font-size:18px"><span style="font-family:Calibri,&quot;sans-serif&quot;">He said that the satellite images have shown that pollution in the Kathmandu Valley has increased due to the smoke emitted from Bara, Parsa and Chitwan. </span></span></p>

<p><span style="font-size:18px"><span style="font-family:Calibri,&quot;sans-serif&quot;">The amount of pollution in the Kathmandu valley has increased because the air coming to Kathmandu from Bara, Parsa and Chitwan through the Bagmati Corridor cannot flow elsewhere.</span></span></p>

<p><span style="font-size:18px"><span style="font-family:Calibri,&quot;sans-serif&quot;">The department has urged people to take precautions to avoid pollution. As the air pollution is increasing, the department has urged the people to avoid going outside as much as possible and use face masks and glasses if one has to go out.</span></span></p>

<p><span style="font-size:18px"><span style="font-family:Calibri,&quot;sans-serif&quot;">Dr Dharma Upreti, a climate and environmental expert, suggested that everyone must use masks and should not go out of the house except for essential work. He also said that it will take a few more days for the weather to become clear again.</span></span></p>

<p><span style="font-size:18px"><span style="font-family:Calibri,&quot;sans-serif&quot;">Paudel, the spokesperson of the Department of Environment, said that health hazards such as blood pressure, heart problems, cancer and other health problems are likely to increase due to air pollution.</span></span></p>

<p><span style="font-size:18px"><span style="font-family:Calibri,&quot;sans-serif&quot;">Flights have also been affected across the country due to the polluted air. According to the Tribhuvan International Airport Office, flights at domestic airports were affected on Sunday due to low visibility. International flights from Kathmandu are said to be normal. </span></span></p>

<p><span style="font-size:18px"><span style="font-family:Calibri,&quot;sans-serif&quot;">According to IQ Air, an organization which measures the amount of air pollution across the world, the air quality indicator on Sunday showed that the Kathmandu Valley was ranked first in the world in terms of air pollution.</span></span></p>

<p><span style="font-size:18px"><span style="font-family:Calibri,&quot;sans-serif&quot;">According to IQAir, there was more air pollution in Bhaktapur and Lalitpur on Sunday. In these places, the air quality measurement indicator iQAir was above 200. </span></span></p>

<p><span style="font-size:18px"><span style="font-family:Calibri,&quot;sans-serif&quot;">Similarly, the air in Kirtipur, Ratnapark, Madhyapur Thimi, Hetauda and Dhankuta was unhealthy. In these areas, the air quality measurement indicator iQAir reached almost 200. </span></span></p>

<p><span style="font-size:18px"><span style="font-family:Calibri,&quot;sans-serif&quot;">If the AIQ is more than 50, the people of poor health group is at risk, although the measurement from 51 to 100 is considered normal. But if the AIQ is above 100, it is unhealthy for everyone. Air pollution is considered to be dangerous if the AIQ reaches above 300. </span></span></p>

<p><span style="font-size:18px"><span style="font-family:Calibri,&quot;sans-serif&quot;">Paudel, the spokesperson of the environment department, informed that if there is no rain or if there is no strong wind, the air pollution in the country including the valley will not decrease and the risk of pollution will continue for a few more days. </span></span></p>

<p>&nbsp;</p>

<p>&nbsp;</p>

<p>&nbsp;</p>
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		'Article' => array(
			'id' => '17581',
			'article_category_id' => '1',
			'title' => 'Minister Orders to Investigate Malpractice Involving Land Revenue Office Staff   ',
			'sub_title' => '',
			'summary' => 'April 17: Minister for Land Management, Cooperative and Poverty Alleviation Ranjita Shrestha has issued instruction to the concerned government officials to immediately investigate the matter related to the involvement of the employees at the Land Revenue Office, Kaski in financial malpractice.    ',
			'content' => '<p><span style="font-size:18px"><span style="font-family:Calibri,&quot;sans-serif&quot;"><span style="font-family:&quot;Arial Unicode MS&quot;,&quot;sans-serif&quot;">April 17: Minister for Land Management, Cooperative and Poverty Alleviation Ranjita Shrestha has issued instruction to the concerned government officials to immediately investigate the matter related to the involvement of the employees at the Land Revenue Office, Kaski in financial malpractice.&nbsp;&nbsp;&nbsp;&nbsp; </span><br />
<span style="font-family:&quot;Arial Unicode MS&quot;,&quot;sans-serif&quot;">Minister Shrestha instructed Secretary Dr Damodar Regmi and Padma Nidhi Soti, the director-general of the Department of Land Management and Archives, to immediately carry out an investigation into the news about financial misconduct of the employees at the Land Revenue Office, Kaski, said Ramesh BK, Minister Shrestha&#39;s private secretary.&nbsp;&nbsp;&nbsp;&nbsp; </span><br />
<span style="font-family:&quot;Arial Unicode MS&quot;,&quot;sans-serif&quot;">The local media had carried news a few days exposing the financial malpractices of the employees at the Land Revenue Office, Kaski who work in syndicate to cheat the service seekers.</span></span></span></p>

<p><span style="font-size:18px"><span style="font-family:Calibri,&quot;sans-serif&quot;"><span style="font-family:&quot;Arial Unicode MS&quot;,&quot;sans-serif&quot;">Minister Shrestha has issued directives to probe this incident and take departmental action against those employees found guilty. The minister has also instructed to find out additional facts and truths. -- RSS&nbsp;&nbsp; </span></span></span></p>
',
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			'sortorder' => '17316',
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			'article_date' => '2023-04-17 14:01:09',
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	(int) 9 => array(
		'Article' => array(
			'id' => '17580',
			'article_category_id' => '1',
			'title' => 'RSP Chair Lamichhane's Driver Injured under Suspicious Circumstances',
			'sub_title' => '',
			'summary' => 'April 17: Rastriya Swatantra Party (RSP) Chairman Rabi Lamichhane's chauffeur has been found injured under suspicious circumstances. ',
			'content' => '<p><span style="font-size:18px"><span style="font-family:Calibri,&quot;sans-serif&quot;"><span style="font-family:&quot;Arial Unicode MS&quot;,&quot;sans-serif&quot;">April 17: Rastriya Swatantra Party (RSP) Chairman Rabi Lamichhane&#39;s chauffeur has been found injured under suspicious circumstances. He was reportedly injured in the wee hours today (April 17) after falling off a roof of the house where Lamichhane resides at Bharatpur metropolis-11, the start-owned RSS reported.&nbsp;&nbsp;&nbsp;&nbsp; </span><br />
<span style="font-family:&quot;Arial Unicode MS&quot;,&quot;sans-serif&quot;">According to the District Police Office, Chitwan, thirty-nine-year-old Dil Bahadur Thapa aka Shambhu from Bahrabise Municipality-3 in Sindhupalchok allegedly fell from the roof at around 4:00 am on Monday (April 17). He is being treated at the College of Medical Sciences Teaching Hospital (Old Medical College) Bharatpur.&nbsp;&nbsp;&nbsp;&nbsp; </span><br />
<span style="font-family:&quot;Arial Unicode MS&quot;,&quot;sans-serif&quot;">According to the police, he has sustained severe injuries to his head and legs. Further investigation into the case is underway.&nbsp;&nbsp;&nbsp;&nbsp; </span></span></span><br />
&nbsp;</p>
',
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			'created' => '2023-04-17',
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			'sortorder' => '17315',
			'image' => '20230417011459_rabi.jpg',
			'article_date' => '2023-04-17 13:14:12',
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	(int) 10 => array(
		'Article' => array(
			'id' => '17579',
			'article_category_id' => '1',
			'title' => 'Perennial Problem of Fertilizer Shortage in Nepal',
			'sub_title' => '',
			'summary' => 'April  17: It has become a regular phenomenon for Nepali farmers to face extreme shortage of chemical fertilizers every year during the main planting season. ',
			'content' => '<p><span style="font-size:18px"><span style="font-family:&quot;Times New Roman&quot;,&quot;serif&quot;">April&nbsp; 17: It has become a regular phenomenon for Nepali farmers to face extreme shortage of chemical fertilizers every year during the main planting season. According to government authorities, they often fail to import fertilizer on time due to lack of adequate budget for fertilizer procurement, failure of procurement process and lack of provision for back-up tenders.</span></span></p>

<p><span style="font-size:18px"><span style="font-family:&quot;Times New Roman&quot;,&quot;serif&quot;">The adverse effect of fertilizer shortage has also started to be seen in Nepal&#39;s gross domestic product (GDP) in recent years. During the last decade, the contribution of agriculture sector in GDP decreased from 32.7 percent to 23.9 percent. According to the Ministry of Agriculture and Livestock Development, 700,000 metric tons of chemical fertilizers are required per year for a total of 3.391 million hectares of land. At least a minimum of 520,000 metric tons of fertilizer is required in a year even if it is used less in amount. However, the ministry&#39;s data shows that not more than 400,000 metric tons of chemical fertilizers have been supplied in any year in the last seven years.</span></span></p>

<p><span style="font-size:18px"><span style="font-family:&quot;Times New Roman&quot;,&quot;serif&quot;">Although tenders were issued for the purchase of 331,500 metric tons of fertilizer till the 8th month of the current fiscal year, it seems that only 159,000 tons have been supplied. At this pace, it is not possible to import all the remaining fertilizers in the next three months. Stakeholders say that fertilizer could not be supplied on time due to the weakness of government policies and regulations. Joint Secretary of the Agriculture Development Division under the Ministry of Agriculture and Livestock Development Dr. Rajendra Prasad Mishra said that in terms of the country&#39;s needs, the budget initially set aside by the government for the purchase of fertilizers is low. He says that even if the resources are confirmed later, it will prolong the procurement process.</span></span></p>

<p><span style="font-size:18px"><span style="font-family:&quot;Times New Roman&quot;,&quot;serif&quot;">Mishra says that there is no provision for adjusting the price increase, no budget management to arrange for backup tenders and buffer stock, and there is a problem in the supply of fertilizers. According to him, since 20 to 30 percent of the procurement process fails, such arrangements must be made in the budget to prevent supply disruption.</span></span></p>

<p><span style="font-size:18px"><span style="font-family:&quot;Times New Roman&quot;,&quot;serif&quot;">&ldquo;A bidding period of 45 days has been set for the purchase of fertilizer. If the bid is unsuccessful, the bid should be invited again with a period of 21 days, which prolongs the procurement process. The farming season in North India and Nepal is the same, due to which the port and rail transport services are under heavy pressure. Due to this, even the purchased fertilizers cannot be supplied to Nepal on time,&rdquo; Mishra told New Business Age.</span></span></p>

<p><span style="font-size:18px"><span style="font-family:&quot;Times New Roman&quot;,&quot;serif&quot;">Bishnu Pokhrel, managing director of Agricultural Inputs Company Limited says that the current tender period is too long to buy items whose prices change weekly, such as chemical fertilizers. He argues that the current tender period should be shortened to strengthen the supply. Pokhrel complains that even though the Agricultural Inputs Company has been taking initiatives for the amendment of the Procurement Act for the past 10 years, it has not been possible. He said, &ldquo;Until the Procurement Act is amended, the problem of delay in fertilizer supply will continue to persist in Nepal.&rdquo;</span></span></p>

<p><span style="font-size:18px"><span style="font-family:&quot;Times New Roman&quot;,&quot;serif&quot;">According to the Chemical Fertilizer Procurement Act, the supply chain for fertilizer procurement is 227 days from the date of issuing the tender notice to the delivery of the goods. According to the ministry, if the process is prolonged, it will take up to 260 days to deliver the fertilizer. Since the supply chain is very long, the process has to be started as early as October of the previous year to buy the fertilizer required in next May-June. </span></span></p>

<p><span style="font-size:18px"><span style="font-family:&quot;Times New Roman&quot;,&quot;serif&quot;">Joint Secretary Mishra says that instead of the method of buying fertilizers according to the budget, a policy and program should be implemented by determining the quantity of 500,000 to 600,000 metric tons of fertilizers to be supplied annually.</span></span></p>

<p>&nbsp;</p>
',
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	(int) 11 => array(
		'Article' => array(
			'id' => '17578',
			'article_category_id' => '1',
			'title' => 'NTB Attends Travel Mart in Hanoi',
			'sub_title' => '',
			'summary' => 'April 17: Nepal Tourism Board and private sector businessmen of the country participated in the International Travel Mart (VITM 2023) which was successfully held in Hanoi.',
			'content' => '<p><span style="font-size:12pt"><span style="font-family:&quot;Times New Roman&quot;,&quot;serif&quot;"><span style="font-size:15.0pt"><span style="font-family:&quot;Arial&quot;,&quot;sans-serif&quot;">April 17: Nepal Tourism Board and private sector businessmen of the country participated in the International Travel Mart (VITM 2023) which was successfully held in Hanoi, the capital of Vietnam, from April 13 to 16. The four-day event was organized by the Vietnam Society of Travel Agents (VITA), a national tourism organization. </span></span></span></span></p>

<p><span style="font-size:12pt"><span style="font-family:&quot;Times New Roman&quot;,&quot;serif&quot;"><span style="font-size:15.0pt"><span style="font-family:&quot;Arial&quot;,&quot;sans-serif&quot;">On that occasion, stakeholders who came to the Nepal&rsquo;s stall asked questions about various tourist destinations, immigration policy and air network of Nepal.</span></span></span></span></p>

<p><span style="font-size:12pt"><span style="font-family:&quot;Times New Roman&quot;,&quot;serif&quot;"><span style="font-size:15.0pt"><span style="font-family:&quot;Arial&quot;,&quot;sans-serif&quot;">Rohini Khanal, manager of Nepal Tourism Board, said that since Nepal is a new destination for most of the Vietnamese, Nepal&#39;s presence in the fair helped in promoting tourism.</span></span></span></span></p>

<p><span style="font-size:12pt"><span style="font-family:&quot;Times New Roman&quot;,&quot;serif&quot;"><span style="font-size:15.0pt"><span style="font-family:&quot;Arial&quot;,&quot;sans-serif&quot;">She said that Vietnamese youth are excited to come to Nepal for adventure tourism. The number of tourists coming to Nepal from Vietnam is expected to increase in the future.</span></span></span></span></p>

<p><span style="font-size:12pt"><span style="font-family:&quot;Times New Roman&quot;,&quot;serif&quot;"><span style="font-size:15.0pt"><span style="font-family:&quot;Arial&quot;,&quot;sans-serif&quot;">Stakeholders, who participated in the fair, emphasized the need to expand air connectivity between Nepal and Vietnam. The representatives of various media who came to Nepal&rsquo;s stall requested the Nepal Tourism Board to cooperate with Vietnam&#39;s print, television and social media for the promotion of Nepal&#39;s tourism.</span></span></span></span></p>

<p>&nbsp;</p>

<p>&nbsp;</p>
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			'article_date' => '2023-04-17 11:28:06',
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	(int) 12 => array(
		'Article' => array(
			'id' => '17577',
			'article_category_id' => '1',
			'title' => 'PM Directs to Halt Tax on FPO   ',
			'sub_title' => '',
			'summary' => 'April 17: Prime Minister Pushpa Kamal Dahal has directed all stakeholders to postpone the decision on imposing tax on share premium amount sold through the further public offering (FPO). ',
			'content' => '<p><span style="font-size:18px"><span style="font-family:Calibri,&quot;sans-serif&quot;"><span style="font-family:&quot;Arial Unicode MS&quot;,&quot;sans-serif&quot;">April 17: Prime Minister Pushpa Kamal Dahal has directed all stakeholders to postpone the decision on imposing tax on share premium amount sold through the further public offering (FPO). The PM has also asked to seek a long-term solution to this issue.&nbsp; &nbsp;&nbsp;&nbsp;</span><br />
<span style="font-family:&quot;Arial Unicode MS&quot;,&quot;sans-serif&quot;">The PM issued such a directive after the Confederation of Nepalese Industries (CNI) and Nepal Bankers&#39; Association drew the PM&#39;s attention regarding the impacts of the taxation on the share&#39;s premium amount.&nbsp;&nbsp;&nbsp;&nbsp; </span><br />
<span style="font-family:&quot;Arial Unicode MS&quot;,&quot;sans-serif&quot;">During the meeting with the business leaders, PM Dahal vowed to initiate the process to address this issue for the long term.&nbsp;&nbsp;&nbsp;&nbsp; </span><br />
<span style="font-family:&quot;Arial Unicode MS&quot;,&quot;sans-serif&quot;">The banks and financial institutions (BFIs) had increased their paid-up capital through the FPO as per the directive of the central bank.&nbsp;&nbsp;&nbsp;&nbsp; </span><br />
<span style="font-family:&quot;Arial Unicode MS&quot;,&quot;sans-serif&quot;">During that period, there was no taxation on FPO but the 58th annual report of the Office of the Auditor General had mentioned that the FPO share&#39;s premium amount should come under the ambit of tax while concluding that the tax amount should be paid from such companies. -- RSS &nbsp;</span></span></span></p>
',
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			'article_date' => '2023-04-17 10:59:38',
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	(int) 13 => array(
		'Article' => array(
			'id' => '17576',
			'article_category_id' => '1',
			'title' => 'Inland Revenue Down by Rs 5.5 Billion ',
			'sub_title' => '',
			'summary' => '',
			'content' => '<p><span style="font-size:20px">April 17: &nbsp;Collection of inland revenues is down by Rs 5.5 billion until the third quarter (mid-April) of the current fiscal year.&nbsp;The government has collected Rs 337.10 billion in inland revenues until the third quarter of the current fiscal year, according to the Inland Revenue Department.&nbsp;</span></p>

<p><span style="font-size:20px">The government had collected Rs 342.65 billion in inland revenues during the same period last fiscal year. Officials at IRD say that economic effect seen in multiple sectors has affected collection of inland revenue.</span></p>

<p><span style="font-size:20px">The government has collected Rs 5.5 billion less in inland revenues in the first nine months of the current fiscal year compared to last fiscal year&rsquo;s same period. &nbsp;Collection in inland revenue has fallen by 1.62% in the nine months of the current fiscal year compared to same period last fiscal.&nbsp;</span></p>

<p><span style="font-size:20px">The government has collected Rs 150.20 billion in income tax until the third quarter of the current fiscal year against its collection of Rs 165.45 billion in the review period last fiscal year.&nbsp; Nine months&rsquo; value added tax(VAT) stands at Rs 78.89 billion. Likewise, Rs 74.28 billion was collected under excise duty.&nbsp;</span></p>

<p><span style="font-size:20px">According to department, the government has collected Rs 1.97 billion rental taxes, Rs 5.25 billion health service tax and Rs 1.26 billion education tax respectively.&nbsp; </span></p>

<p><span style="font-size:20px">The government has collected only 50% revenue against its annual target till the end of third quarter of the current fiscal year, according to Financial Comptroller General Office.</span></p>

<p><span style="font-size:20px">The government has been able to collect only Rs 724.47 billion in revenues until third quarter against its annual target of Rs 1458.60 billion. &nbsp;</span></p>

<p>&nbsp;</p>
',
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			'article_date' => '2023-04-17 07:42:08',
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	(int) 14 => array(
		'Article' => array(
			'id' => '17575',
			'article_category_id' => '1',
			'title' => 'Around 500 Megawatts of Electricity added to National Grid in 2079 BS',
			'sub_title' => '',
			'summary' => 'April 16: The cooperation between the government and the private sector in the development and expansion of electricity, which is considered to be one of the foundations for the country's economic prosperity, has started bearing fruits.',
			'content' => '<p><span style="font-size:12pt"><span style="font-family:&quot;Times New Roman&quot;,&quot;serif&quot;"><span style="font-size:14.0pt"><span style="font-family:&quot;Arial&quot;,&quot;sans-serif&quot;">April 16: The cooperation between the government and the private sector in the development and expansion of electricity, which is considered to be one of the foundations for the country&#39;s economic prosperity, has started bearing fruits.</span></span></span></span></p>

<p><span style="font-size:12pt"><span style="font-family:&quot;Times New Roman&quot;,&quot;serif&quot;"><span style="font-size:14.0pt"><span style="font-family:&quot;Arial&quot;,&quot;sans-serif&quot;">Approximately 500 megawatts of power has been added to the national grid throughout the year 2079 BS.</span></span></span></span></p>

<p><span style="font-size:12pt"><span style="font-family:&quot;Times New Roman&quot;,&quot;serif&quot;"><span style="font-size:14.0pt"><span style="font-family:&quot;Arial&quot;,&quot;sans-serif&quot;">Electricity addition has continued, according to the Nepal Electricity Authority (NEA), the public power utility, adding that the country&#39;s total installed capacity would reach around 3,000 megawatts within the current fiscal year, 2022/23 ending mid-July, if this continues.&nbsp;</span></span></span></span></p>

<p><span style="font-size:12pt"><span style="font-family:&quot;Times New Roman&quot;,&quot;serif&quot;"><span style="font-size:14.0pt"><span style="font-family:&quot;Arial&quot;,&quot;sans-serif&quot;">So far, 2689 megawatts power has been linked with the national grid, NEA said. Until mid-July, 2023, additional 15 hydropower projects are expected to be completed.</span></span></span></span></p>

<p><span style="font-size:12pt"><span style="font-family:&quot;Times New Roman&quot;,&quot;serif&quot;"><span style="font-size:14.0pt"><span style="font-family:&quot;Arial&quot;,&quot;sans-serif&quot;">In the year 2079 BS, a total 19 hydropower projects have come into full operation, and the test of nine others has reached the final stage.</span></span></span></span></p>

<p><span style="font-size:12pt"><span style="font-family:&quot;Times New Roman&quot;,&quot;serif&quot;"><span style="font-size:14.0pt"><span style="font-family:&quot;Arial&quot;,&quot;sans-serif&quot;">The biggest project developed by the private sector that has been completed within the year is the Solukhola (Dudhkoshi) Hydroelectricity Project. Inaugurated by Prime Minister Pushpa Kamal Dahal, the project developed by Sahas Urja started commercial production from 1 March, 2023.</span></span></span></span></p>

<p><span style="font-size:12pt"><span style="font-family:&quot;Times New Roman&quot;,&quot;serif&quot;"><span style="font-size:14.0pt"><span style="font-family:&quot;Arial&quot;,&quot;sans-serif&quot;">Nepal has already been self-sufficient in power during the monsoon season and the situation for the winter is also improving.&nbsp;</span></span></span></span></p>

<p><span style="font-size:12pt"><span style="font-family:&quot;Times New Roman&quot;,&quot;serif&quot;"><span style="font-size:14.0pt"><span style="font-family:&quot;Arial&quot;,&quot;sans-serif&quot;">Projects with accumulative capacity of 3,280 megawatts are under development and once they get complete, the national grid will have around 7,000 megawatts of electricity.&nbsp;&nbsp;</span></span></span></span></p>

<p><span style="font-size:12pt"><span style="font-family:&quot;Times New Roman&quot;,&quot;serif&quot;"><span style="font-size:14.0pt"><span style="font-family:&quot;Arial&quot;,&quot;sans-serif&quot;">The NEA is preparing to export around 1,200 mw of electricity in the coming monsoon.</span></span></span></span></p>

<p><span style="font-size:12pt"><span style="font-family:&quot;Times New Roman&quot;,&quot;serif&quot;"><span style="font-size:14.0pt"><span style="font-family:&quot;Arial&quot;,&quot;sans-serif&quot;">According to Independent Power Producers&#39; Association Nepal (IPPAN), some projects promoted by the private sector are in the phase of test production.</span></span></span></span></p>

<p><span style="font-size:12pt"><span style="font-family:&quot;Times New Roman&quot;,&quot;serif&quot;"><span style="font-size:14.0pt"><span style="font-family:&quot;Arial&quot;,&quot;sans-serif&quot;">Those projects will begin commercial production following the 15-day test production in the presence of NEA employees. The test production of the 19.8-mw Upper Solu River Hydropower Project promoted by Beni Hydropower is in the final phase. As informed by company&rsquo;s managing director Ganesh Karki, the project&#39;s power has been already connected to the national grid and the commercial production is likely within the next few days.&nbsp;</span></span></span></span></p>

<p><span style="font-size:12pt"><span style="font-family:&quot;Times New Roman&quot;,&quot;serif&quot;"><span style="font-size:14.0pt"><span style="font-family:&quot;Arial&quot;,&quot;sans-serif&quot;">Likewise, the 14.9-mw Mayakhola Project based in Sankhuwasabha district will be starting commercial production very soon.</span></span></span></span></p>

<p><span style="font-size:12pt"><span style="font-family:&quot;Times New Roman&quot;,&quot;serif&quot;"><span style="font-size:14.0pt"><span style="font-family:&quot;Arial&quot;,&quot;sans-serif&quot;">The 5-mw Rukumgad Project based in Rukum, the Sindhupalchowk-based Ghatte Khola Project of around one megawatt will be entering the phase of commercial production.</span></span></span></span></p>

<p><span style="font-size:12pt"><span style="font-family:&quot;Times New Roman&quot;,&quot;serif&quot;"><span style="font-size:14.0pt"><span style="font-family:&quot;Arial&quot;,&quot;sans-serif&quot;">The 54-mw Super Dordi &#39;B&#39; in Lamjung&nbsp; and the 2-mw Solar Power Project&nbsp; in Nawalparasi, 6.8-mw Solar Power Project in Morang and 10-mw in Banke have been already connected to the national grid.</span></span></span></span></p>

<p><span style="font-size:12pt"><span style="font-family:&quot;Times New Roman&quot;,&quot;serif&quot;"><span style="font-size:14.0pt"><span style="font-family:&quot;Arial&quot;,&quot;sans-serif&quot;">The NEA stated that the 10-mw capacity Makarigad Project also started commercial production from this year. Based in Darchula, this project has contributed in managing power supply in the Sudurpaschim Province.</span></span></span></span></p>

<p><span style="font-size:12pt"><span style="font-family:&quot;Times New Roman&quot;,&quot;serif&quot;"><span style="font-size:14.0pt"><span style="font-family:&quot;Arial&quot;,&quot;sans-serif&quot;">NEA Executive Director Kulman Ghising has directed the construction companies concerned to complete the construction of Rasuwagadhi, Sanjen and Mid Bhotekoshi hydel projects by the end of the current fiscal year. These projects are being constructed through the public-private partnership model.</span></span></span></span></p>

<p><span style="font-size:12pt"><span style="font-family:&quot;Times New Roman&quot;,&quot;serif&quot;"><span style="font-size:14.0pt"><span style="font-family:&quot;Arial&quot;,&quot;sans-serif&quot;">The Rasuwagadhi project has a total capacity of 111 megawatts, the Upper and Lower Sanjen 57 megawatts and the Mid Bhotekoshi project 102 megawatts. Once the power produced from these projects is connected to the national grid, it would make a positive impact on the power supply sector.</span></span></span></span></p>

<p><span style="font-size:12pt"><span style="font-family:&quot;Times New Roman&quot;,&quot;serif&quot;"><span style="font-size:14.0pt"><span style="font-family:&quot;Arial&quot;,&quot;sans-serif&quot;">NEA had exported 425 megawatts electricity to India in the year 2079 BS. It has made an income equivalent to Rs 8.44 billion in the current fiscal year through power export alone. Preparations are being made to export 1,200 megawatts of excess electricity in this fiscal year.</span></span></span></span></p>

<p><span style="font-size:12pt"><span style="font-family:&quot;Times New Roman&quot;,&quot;serif&quot;"><span style="font-size:14.0pt"><span style="font-family:&quot;Arial&quot;,&quot;sans-serif&quot;">Important talks were held in the year 2079 BS with India for power trade. An agreement has also been reached with Bangladesh for exporting 50 megawatts of energy initially.</span></span></span></span></p>

<p><span style="font-size:12pt"><span style="font-family:&quot;Times New Roman&quot;,&quot;serif&quot;"><span style="font-size:14.0pt"><span style="font-family:&quot;Arial&quot;,&quot;sans-serif&quot;">The process of constructing the New Butwal-Gorakhpur 400 kV transmission line has moved ahead. The government has registered a company and forwarded the process of building the 1,200 megawatt capacity Budhi Gandaki Hydroelectric Project.&nbsp;</span></span></span></span></p>

<p><span style="font-size:12pt"><span style="font-family:&quot;Times New Roman&quot;,&quot;serif&quot;"><span style="font-size:14.0pt"><span style="font-family:&quot;Arial&quot;,&quot;sans-serif&quot;">Indian companies have shown interest in constructing some big projects. The Indian company, NHPC, has moved ahead with the necessary process for the construction of the 750-mw-capacity West Seti and the 450-mw Seti River-6 Project.</span></span></span></span></p>

<p><span style="font-size:12pt"><span style="font-family:&quot;Times New Roman&quot;,&quot;serif&quot;"><span style="font-size:14.0pt"><span style="font-family:&quot;Arial&quot;,&quot;sans-serif&quot;">Foreign investment has been gradually attracted in the energy sector. In the same way, the domestic investors are preparing to go ahead with the construction of projects with the capacity of generating 1,553 mw power, IPPAN&#39;s executive member Prakash Dulal said.</span></span></span></span></p>

<p><span style="font-size:12pt"><span style="font-family:&quot;Times New Roman&quot;,&quot;serif&quot;"><span style="font-size:14.0pt"><span style="font-family:&quot;Arial&quot;,&quot;sans-serif&quot;">The total production capacity of the under-construction projects and those that are in the process of construction is 4,834 mw. Electricity has reached nearly 96.5 percent of households in Nepal.</span></span></span></span></p>

<p><span style="font-size:12pt"><span style="font-family:&quot;Times New Roman&quot;,&quot;serif&quot;"><span style="font-size:14.0pt"><span style="font-family:&quot;Arial&quot;,&quot;sans-serif&quot;">Amid this backdrop, the year 2079 BS has become an important year for the development and expansion of the energy sector. -- RSS</span></span></span></span></p>

<p>&nbsp;</p>
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FOREX

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)

Bullion

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

Petroleum

Petrol	1 Liter	106.00
Diesel	1 Liter	95.00
Kerosene	1 Liter	95.00
LP Gas	1 Cylinder	1375.00