
May 30: The government has allocated Rs 16 billion more budget for the education sector in the upcoming fiscal year as compared to the current fiscal…
May 30: The government has allocated Rs 16 billion more budget for the education sector in the upcoming fiscal year as compared to the current fiscal…
May 30: The government has increased the budget for the agriculture sector for the upcoming fiscal year to make the country self-reliant in agriculture.…
May 30: The government has unveiled a budget of Rs 1793.83 billion for the upcoming fiscal year.…
May 30: The incumbent government has set a target of attracting one million tourists in the upcoming fiscal year (FY…
May 30: A twin-otter plane of Tara Air that went out of contact sine Sunday morning while flying to Jomsom from Pokhara has been found in a wretched condition near Lete of Mustang…
May 30: The government has announced a new budget of Rs 1793.83 billion for the upcoming fiscal year (FY…
May 30: The private sector has welcomed with the budget announced by the government on Sunday.…
May 29: Finance Minister Janardan Sharma has said the budget for the upcoming fiscal year (FY 2022-23) is a take-off point towards production-oriented economy from an import-based…
May 29: The government has decided to provide old-age allowance under its social security programme from senior citizens of 68 years of age from the new fiscal…
May 29: The government has allocated Rs 69.38 billion budget for the health sector in the upcoming fiscal…
May 29: The government has increased the budget for agriculture and livestock development in upcoming fiscal year by Rs 10…
May 29: The government has announced free-of-cost kidney transplant facility for patients suffering from kidney…
May 29: The government has allocated Rs 9.38 billion for the tourism sector in the budget for the upcoming fiscal…
May 29: The government has pledged to honour the private sector stakeholders who facilitate in bringing foreign investment into the…
May 29: The government’s estimate of income and expenditure for the upcoming fiscal year 2079-80 BS (2022-23) has been presented in the…
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', 'content' => '<p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"Arial Unicode MS","sans-serif"">May 30: The government has allocated Rs 16 billion more budget for the education sector in the upcoming fiscal year as compared to the current fiscal year. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">Tabling the budget during a joint session of parliament on Sunday, Finance Minister Janardan Sharma said that a budget of Rs 196 billion has been allocated for the Ministry of Education in the upcoming fiscal year. The budget has been provided for the ministry, and the province and local levels under the ministry. Categorically, the ministry has received a budget of Rs 70 billion while the and local levels have been allocated Rs 5.32 billion and Rs 121 billion respectively. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">The budget has linked education to labour, employment and production. Development of quality and productive human resources, continuation of school sector reform programme, increase in youth literacy rate, increase in gross school enrollment, creation of environment to guarantee vocational knowledge and skill are some of the key features under the education sector. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">The present scheme of day meal up to Grade 5 would be expanded up to Grade 7, the finance minister said. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">Similarly, restructuring of CTEVT is also on the cards. According to the finance minister, Rs 8.30 billion has been allocated to hand over technical knowledge to the local levels. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif""> The government has also decided to facilitate visa processing for foreign students aspiring to acquire higher education in Nepal. Internet service would be provided at half the tariff to community schools for the expansion of information technology. -- RSS </span><br /> </span></span></p> ', 'published' => true, 'created' => '2022-05-30', 'modified' => '2022-05-30', 'keywords' => '', 'description' => '', 'sortorder' => '15111', 'image' => '20220530033850_education-icon-graduation-hat-vector-2498629.jpg', 'article_date' => '2022-05-30 15:38:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => null, 'user_id' => '34' ) ), (int) 1 => array( 'Article' => array( 'id' => '15368', 'article_category_id' => '1', 'title' => 'Budget gives High Priority to Agriculture Sector ', 'sub_title' => '', 'summary' => 'May 30: The government has increased the budget for the agriculture sector for the upcoming fiscal year to make the country self-reliant in agriculture. ', 'content' => '<p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif"">May 30: The government has increased the budget for the agriculture sector for the upcoming fiscal year to make the country self-reliant in agriculture. The government has announced a national campaign for agricultural production for self-reliance in Fiscal Year 2022/23 with the objective of discouraging increasing imports of agricultural produce. </span></span></p> <p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif"">The government has allocated a total budget of Rs 55.97 billion for the agriculture sector, which is Rs 10 billion more than the budget of this sector in the current fiscal year. The government had allocated Rs 45.09 billion for agriculture and livestock development in the current fiscal year. </span></span></p> <p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif"">The government plans to increase agricultural production by linking the farmers with agricultural cooperative groups and cooperatives and using the available cultivable land as well as barren land. The government will emphasize increasing productivity through commercialization, modernization and mechanization of this sector. For the effective implementation of the program, a high level mechanism comprising line ministers will be formed under the coordination of the prime minister. </span></span></p> <p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif"">In the budget of the upcoming fiscal year, the government has set a target to deliver the required agricultural loan at the doorsteps of the farmers by setting up a microfinance fund of Rs 500 billion. Moreover, arrangements have been made for the banks and financial institutions to invest the fund mandatorily in the deprived sector and in the agricultural sector. The government will also make arrangements for the Citizen’s Investment Trust, Employees’ Provident Fund and Social Security Fund to invest a certain amount in this fund. </span></span></p> <p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif"">The 'Prime Minister's Nepali Production and Consumption Growth Program' will be launched through the budget for which Rs 3.45 billion has been allocated. Earlier, the government had launched the Prime Minister's Agriculture Modernization Project in 2073. This year, the government has allocated Rs 5.90 billion for this project. </span></span></p> <p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif"">Reviewing the agriculture budget announced by the government on Sunday, Uddhav Adhikari, coordinator of the Agriculture Campaign for Food, said that the government has succeeded in bringing a budget that is liked by all. While the risk of food security is increasing worldwide, he said that the government has been able to bring the budget with the focus on agriculture, which is a matter of happiness. “Looking at the budget of the last 8 to 10 years, the budget for the agriculture sector this year should be considered positive,” he said. </span></span></p> <p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif"">At a time when the number of youths have looked down upon the profession of agriculture and have opted to go abroad, the government has brought a programme to attract the youths as well. </span></span></p> <p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif"">Under this programme, the government plans to set up a farmers' welfare fund to start a contribution-based farmer's pension scheme. It is mentioned in the budget that the government will deposit 10 percent of the amount contributed by the farmers in the fund every month. An initial budget of Rs 1 billion has been allocated for the establishment of the fund. </span></span></p> <p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif"">Former Chairman of the National Farmers Commission Chitra Bahadur Shrestha said that although the overall budget of agriculture is reasonable, the budget allocated by the government for the supply of chemical fertilizers for the upcoming fiscal year may be insufficient. Furthermore, he also said that the implementation of the budget is challenging. </span></span></p> <p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif"">The government is planning to set up a chemical fertilizer factory using green hydrogen and green ammonia technology through the Investment Board. Although the government's plan to open a fertilizer factory has been mentioned in previous budgets, it has never been implemented. </span></span></p> <p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif"">The government has allocated Rs 15 billion for the supply of chemical fertilizers in the upcoming fiscal year. In the current fiscal year, the government had allocated Rs 12 billion. The government had added Rs 3 billion after the budget was insufficient to procure the required fertilizer. </span></span></p> <p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif"">The budget also has provision to fix the minimum support price of agricultural products including paddy, wheat, maize and milk. The products will be procured through government companies and if there is any difference between the support price and purchase price, research will be done. Similarly, Rs 450 million has been allocated for the construction of 100 warehouses across the country for storage of main food crops including paddy. </span></span></p> <p> </p> ', 'published' => true, 'created' => '2022-05-30', 'modified' => '2022-05-30', 'keywords' => '', 'description' => '', 'sortorder' => '15110', 'image' => '20220530020533_Agri.jpg', 'article_date' => '2022-05-30 14:04:55', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => null, 'user_id' => '34' ) ), (int) 2 => array( 'Article' => array( 'id' => '15367', 'article_category_id' => '1', 'title' => 'Infrastructure Development and Education get Largest Chunks of Budget', 'sub_title' => '', 'summary' => 'May 30: The government has unveiled a budget of Rs 1793.83 billion for the upcoming fiscal year. ', 'content' => '<p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"Arial Unicode MS","sans-serif"">May 30: The government has unveiled a budget of Rs 1793.83 billion for the upcoming fiscal year. The government has allocated Rs 753.4 billion for the current expenditure, which accounts for 42 percent of the total budget while Rs 380.38 billion or 21.2 percent of the budget has been allocated for the capital expenditure. </span></span></span></p> <p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"Arial Unicode MS","sans-serif"">Among different sectors that have been allocated budget, the highest share of budget has been earmarked for physical infrastructure and education sectors.</span></span></span></p> <p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"Arial Unicode MS","sans-serif"">Presenting the budget in a joint session of parliament on Sunday, Finance Minister Janardan Sharma announced that the government has allocated a budget of Rs 161.56 billion for the Ministry of Physical Infrastructures and Transport.</span></span></span></p> <p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"Arial Unicode MS","sans-serif"">The education sector has been allocated a total budget of Rs 196 billion including Rs 70.5 billion for the Ministry of Education, Science and Technology, Rs 5.32 billion for education at provincial level and Rs 121 billion for local level. </span></span></span></p> <p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"Arial Unicode MS","sans-serif"">Similarly, the Ministry of Agriculture and Livestock Development has been allocated a budget of Rs 55.97. </span></span></span></p> <p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"Arial Unicode MS","sans-serif"">According to the finance minister, a budget of Rs 10.48 million budget has been allocated for the Ministry of Industry, Commerce and Supplies for the upcoming fiscal year. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">The government has allocated Rs 9.38 billion for the tourism sector and Rs 12.24 billion for the development of aviation infrastructure. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">Finance Minister Sharma said Rs 7.4 billion has been allocated for the Ministry of Land Management, Cooperatives and Poverty Alleviation. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">Similarly, Rs 13 billion has been allocated for the Ministry of Forest and Environment, while the Prime Minister Employment Programme (PMEP) has received a budget of Rs 7.5 billion. </span></span></span></p> <p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"Arial Unicode MS","sans-serif"">The Ministry of Labour, Employment and Social Security has been allocated Rs 9.13 billion while the Ministry of Health and Population has received Rs 69.38 billion. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">Similarly, Rs 37.73 billion has been allocated for the Ministry of Urban Development; Rs 2.9 billion for the Ministry of Youth and Sports; Rs 1.77 billion for the Ministry of Women, Children and Senior Citizens; Rs 8.59 billion for the Ministry of Communications and Information Technology; and Rs 25.3 billion for the Ministry of Federal Affairs and General Administration. </span></span></span><br /> </p> <p> </p> <p> </p> <p> </p> <p> </p> <p> </p> <p> </p> ', 'published' => true, 'created' => '2022-05-30', 'modified' => '2022-05-30', 'keywords' => '', 'description' => '', 'sortorder' => '15109', 'image' => '20220530115328_update.jpg', 'article_date' => '2022-05-30 11:49:34', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '34' ) ), (int) 3 => array( 'Article' => array( 'id' => '15366', 'article_category_id' => '1', 'title' => 'Government Plans to Attract 1 Million Tourists in Upcoming Fiscal Year ', 'sub_title' => '', 'summary' => 'May 30: The incumbent government has set a target of attracting one million tourists in the upcoming fiscal year (FY 2022/23).', 'content' => '<p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"Arial Unicode MS","sans-serif"">May 30: The incumbent government has set a target of attracting one million tourists in the upcoming fiscal year (FY 2022/23). The government made such announcement during the joint session of the Federal Parliament while presenting the budget on Sunday. Finance Minister Janardan Sharma announced that the government has allocated a budget of Rs 9 billion for the tourism sector.</span></span></span></p> <p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"Arial Unicode MS","sans-serif""> "Various programmes will be launched and implemented to bring in over 1 million foreign tourists to Nepal," Finance Minister Janardan Sharma said, adding, "The aim is to develop and promote tourism as the basis for income generation and prosperity by marketing Nepal's uniqueness, natural beauty, cultural heritage and civilization in the world tourism market." </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">Furthermore, the government has plans to encourage the new generation to get involved in tourism. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">According to Finance Minister Sharma, the government has allocated Rs 2 billion for reconstruction of earthquake-damaged historical and archeologically important heritage sites and monuments and reconstruction will be carried out within the upcoming fiscal year. </span></span></span></p> <p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"Arial Unicode MS","sans-serif"">Museums, arts and historical monuments would be developed as tourism spots, said the finance minister. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">Similarly, the government has announced exemption of renewal fees and annual license for the hotels and tourism entrepreneurs for the upcoming fiscal year. Minister Sharma informed that hill stations will be built in various places that offer enchanting views of the landscape and also those places that hold significance from religious point of view. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">The government has allocated budget to set up a mountaineering research centre n the Everest region while Rs 330 million has been allocated for construction of the Great Himalayan Trail that stretches in the upper belt of the country from the east to the west. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">The existing path leading up to Everest region will be upgraded, said Minister Sharma.</span></span></span></p> <p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"Arial Unicode MS","sans-serif"">Meanwhile, the government has allocated a budget of Rs 12.2 billion for development of physical infrastructures for the aviation sector, which is believed to aide the tourism business. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">The government also plans to construct a second terminal building at the Tribhuvan International Airport in Kathmandu to help reduce the pressure of inflow of passengers. As per the announcement made by Finance Minister Sharma, Bhairahawa-based Gautam Buddha International Airport and the Pokhara Regional International Airport will be brought into full operation in the upcoming fiscal year. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">--- </span></span></span></p> ', 'published' => true, 'created' => '2022-05-30', 'modified' => '2022-05-30', 'keywords' => '', 'description' => '', 'sortorder' => '15108', 'image' => '20220530105125_Tourist.jpg', 'article_date' => '2022-05-30 10:50:35', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => null, 'user_id' => '34' ) ), (int) 4 => array( 'Article' => array( 'id' => '15365', 'article_category_id' => '1', 'title' => 'Missing Plane found in Ruins Near Manapathi Mountain', 'sub_title' => '', 'summary' => 'May 30: A twin-otter plane of Tara Air that went out of contact sine Sunday morning while flying to Jomsom from Pokhara has been found in a wretched condition near Lete of Mustang district. ', 'content' => '<p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"Arial Unicode MS","sans-serif"">May 30: A twin-otter plane of Tara Air that went out of contact sine Sunday morning while flying to Jomsom from Pokhara has been found in a wretched condition at the bottom of Manapathi mountain near Lete of Mustang district. </span></span></span></p> <p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"Arial Unicode MS","sans-serif"">According to the state-owned national news agency RSS, the plane with 22 people on board including three crew members was found at Patake Lake in Sanosora of Thasang Rural Municipality, ward-2 of Mustang this morning (May 30). </span></span></span></p> <p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"Arial Unicode MS","sans-serif"">Chairperson of Thasang Rural Municipality Pradeep Gauchan told RSS that Sumit Gauchan, a local of Lete, and other yarsa gumba pickers had sent a photo showing wretched condition of the crashed plane. </span></span></span></p> <p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"Arial Unicode MS","sans-serif"">However, the government is yet to confirm this officially. After plane parts were seen broken at the bottom of Manapathi Mountain from a distant area, the security personnel and locals had set out to the direction early this morning, chairperson Gauchan added. </span></span></span></p> <p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"Arial Unicode MS","sans-serif"">Meanwhile, Nepalese Army Spokesperson Brigadier General Narayan Silwal posted a photo of the crash site taken from a helicopter on Twitter on Monday morning confirming that the plane had crashed. </span></span></span></p> <p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"Arial Unicode MS","sans-serif"">The Army spokesperson confirmed Sanosware of Thasang-2, Mustang as the crash site through his official Twitter handle. </span></span></span></p> <p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"Arial Unicode MS","sans-serif"">The airline company said in a statement on Monday that the wreckage of the missing plane waas found at an altitude of 14,500 feet. According to the company, the search and rescue teams have now reached the accident site. The company did not announce the fate of the passengers and crew members who are believed to have died in the crash.</span></span></span></p> <p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"Arial Unicode MS","sans-serif"">The plane was carrying 19 passengers including four Indians, two Germans ,13 Nepalis and three crew members.</span></span></span></p> <p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"Arial Unicode MS","sans-serif"">The plane that flew from Pokhara to Jomsom at 9:55 on Sunday morning went out of contact after 10:11 am. </span></span></span></p> <p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"Arial Unicode MS","sans-serif"">According to media reports, the aircraft with call sign 9N-AET has been in operation since the last 43 years. </span></span></span></p> <p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"Arial Unicode MS","sans-serif"">Flight-tracking website Flightradar24 said the aircraft, with registration number 9N-AET, made its first flight in April 1979, Reuters reported.</span></span></span></p> <p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"Arial Unicode MS","sans-serif"">“Nepal, home to eight of the world's 14 highest mountains, including Everest, has a record of air accidents. Its weather can change suddenly and airstrips are typically located in mountainous areas that are hard to reach,” the news agency further reported.</span></span></span></p> <p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"Arial Unicode MS","sans-serif"">Besides the terrain and adverse weather, experts have often blamed the poor condition of aircraft as one of the major causes of air crashes. However, it is said that the reports prepared after investigation following such accidents often blame human error as the cause of accident.</span></span></span></p> ', 'published' => true, 'created' => '2022-05-30', 'modified' => '2022-05-30', 'keywords' => '', 'description' => '', 'sortorder' => '15107', 'image' => '20220530102717_tara.jpg', 'article_date' => '2022-05-30 10:25:34', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '34' ) ), (int) 5 => array( 'Article' => array( 'id' => '15364', 'article_category_id' => '1', 'title' => 'Government Unveils Annual Budget of Rs 1.79 Trillion for FY 2022/23', 'sub_title' => 'Current expenditure of the government accounts for 42 percent of the total budget', 'summary' => 'May 30: The government has announced a new budget of Rs 1793.83 billion for the upcoming fiscal year (FY 2022/023).', 'content' => '<p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"Arial Unicode MS","sans-serif"">May 30: The government has announced a new budget of Rs 1793.83 billion for the upcoming fiscal year (FY 2022/023). </span></span></span></p> <p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"Arial Unicode MS","sans-serif"">Presenting the annual budget during a meeting of the Federal Parliament on Sunday (May 29), Finance Minister Janardan Sharma said Rs 753.4 billion has been allocated for the current expenditure and Rs 380.38 billion for the capital expenditure. </span></span></span></p> <p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"Arial Unicode MS","sans-serif"">The current expenditure of the government accounts for 42 percent of the total budget while the capital expenditure is 21.2 percent of the budget.</span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">Likewise, Rs 230.22 billion has been allocated for the fiscal management which is 12.8 percent of the total budget, the finance minister said.</span></span></span></p> <p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"Arial Unicode MS","sans-serif"">A total of Rs 429.83 billion or 24 percent of the budget has been arranged for fiscal grant handover to the provincial and local governments. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">According to the Finance Minister, Rs 1240.11 billion would be raised through revenue collection while the government is expecting to receive Rs 55.46 billion as foreign grants. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">Likewise, the government plans to collect Rs 242.26 billion from foreign loans and Rs 256 billion would be managed from the domestic debt. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">The government had announced a budget of Rs 1647.57 billion for the current fiscal year. (With inputs from RSS) </span></span></span><br /> </p> ', 'published' => true, 'created' => '2022-05-30', 'modified' => '2022-05-30', 'keywords' => '', 'description' => '', 'sortorder' => '15106', 'image' => '20220530081206_ROS_KTM_IMGL4220.jpg', 'article_date' => '2022-05-30 08:11:24', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '34' ) ), (int) 6 => array( 'Article' => array( 'id' => '15363', 'article_category_id' => '1', 'title' => 'Private Sector Welcomes Budget', 'sub_title' => '', 'summary' => 'May 30: The private sector has welcomed with the budget announced by the government on Sunday. ', 'content' => '<p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"Arial Unicode MS","sans-serif"">May 30: The private sector has welcomed with the budget announced by the government on Sunday. The businesspersons and entrepreneurs have urged the government to effectively implement the budget which they claim is 'encouraging'. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">President of the Federation of Nepalese Chambers of Commerce and Industries (FNCCI) Sekhar Golchha said various issues were incorporated in the budget and it was encouraging. He observed that subsidy in export, focus on production and due address on agriculture sector are positive sides of the budget. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">Similarly, Chairperson of Nepal Chamber of Commerce (NCC) Rajendra Malla also hailed the budget and stressed that the government must implement it effectively. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">Chairperson of the Confederation of Nepalese Industries (CNI) Bishnu Kumar Agrawal said promotion of manufacturing industries, review of land ceiling for industries, grant in export and discount on electricity tariff to export industries were encouraging. </span></span></span><br /> </p> ', 'published' => true, 'created' => '2022-05-30', 'modified' => '2022-05-30', 'keywords' => '', 'description' => '', 'sortorder' => '15105', 'image' => '20220530081122_fncci_cni_ncc_gLJ2hpzNGC.jpg', 'article_date' => '2022-05-30 08:10:39', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => null, 'user_id' => '34' ) ), (int) 7 => array( 'Article' => array( 'id' => '15362', 'article_category_id' => '1', 'title' => 'Finance Minister Pledges Paradigm Shift through Budget ', 'sub_title' => '', 'summary' => 'May 29: Finance Minister Janardan Sharma has said the budget for the upcoming fiscal year (FY 2022-23) is a take-off point towards production-oriented economy from an import-based one. ', 'content' => '<p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"Arial Unicode MS","sans-serif"">May 29: Finance Minister Janardan Sharma has said the budget for the upcoming fiscal year (FY 2022-23) is a take-off point towards production-oriented economy from an import-based one. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">While announcing the budget in the joint session of the Federal Parliament on Sunday, the Finance Minister said the nation's economy was on the path of recovery after COVID-19 crisis and the revenue collection in the current fiscal year was satisfactory. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">According to the finance minister, poverty alleviation and maximum utilization of available natural assets and capital mobilization to create jobs are the priorities of the budget that focused on promoting production-based economy.</span></span></span></p> <p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"Arial Unicode MS","sans-serif"">“Agriculture, tourism, industry and energy are the special priorities of the budget,” said Minister Sharma. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">Through the budget, the government targets to minimize the imports of grains such as rice, maize and wheat by 30 percent. In addition to this, it plans to establish 100 food warehouses across the country and implement the ‘farmers’ pension programme’. The government has decided to allocate the budget of Rs 1 billion for the seed capital under this programme. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">Enhancement of fiscal discipline, transformation of agricultural sector, innovation-based economic development, recovery of tourism sector, promotion of hydropower sector and effective administrative service are other commitments of the budget. -- RSS </span></span></span></p> ', 'published' => true, 'created' => '2022-05-29', 'modified' => '2022-05-29', 'keywords' => '', 'description' => '', 'sortorder' => '15104', 'image' => '20220529071133_budget new.jpg', 'article_date' => '2022-05-29 19:10:54', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => null, 'user_id' => '34' ) ), (int) 8 => array( 'Article' => array( 'id' => '15361', 'article_category_id' => '1', 'title' => 'Senior Citizens to Receive Old-Age Allowance at 68 Years ', 'sub_title' => '', 'summary' => 'May 29: The government has decided to provide old-age allowance under its social security programme from senior citizens of 68 years of age from the new fiscal year. ', 'content' => '<p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"Arial Unicode MS","sans-serif"">May 29: The government has decided to provide old-age allowance under its social security programme from senior citizens of 68 years of age from the new fiscal year. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">According to the announcement made by Finance Minister Janardan Sharma while presenting the budget in a joint session of the parliament on Sunday, the provision of old age allowance has been amended to lower the age bar for the recipients. From now onwards, elderly citizens shall receive old-age allowance at 68 years instead of 70 years.</span></span></span></p> <p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"Arial Unicode MS","sans-serif"">The elderly citizens have been receiving monthly allowance of Rs 4,000 under the social security programme. </span></span></span></p> ', 'published' => true, 'created' => '2022-05-29', 'modified' => '2022-05-29', 'keywords' => '', 'description' => '', 'sortorder' => '15103', 'image' => '20220529070534_The-old-age-allowance.jpg', 'article_date' => '2022-05-29 19:04:34', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => null, 'user_id' => '34' ) ), (int) 9 => array( 'Article' => array( 'id' => '15360', 'article_category_id' => '1', 'title' => 'Government Allocates Rs 69.38 Billion for Health Sector ', 'sub_title' => '', 'summary' => 'May 29: The government has allocated Rs 69.38 billion budget for the health sector in the upcoming fiscal year.', 'content' => '<p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"Arial Unicode MS","sans-serif"">May 29: The government has allocated Rs 69.38 billion budget for the health sector in the upcoming fiscal year.</span></span></span></p> <p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"Arial Unicode MS","sans-serif"">Minister for Finance Janadran Sharma made such announcement while presenting the budget for the Fiscal Year 2022/23 in parliament on Sunday.</span></span></span></p> <p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"Arial Unicode MS","sans-serif"">The budget allocated for health sector in the upcoming fiscal year is less that the budget allocated in the current fiscal year by Rs 52 billion.</span></span></span></p> <p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"Arial Unicode MS","sans-serif"">Last year, the government had announced a budget of Rs 122 billion for the health sector for FY 2021/22 with focus on prevention and control of Covid-19 pandemic.</span></span></span></p> <p><br /> </p> ', 'published' => true, 'created' => '2022-05-29', 'modified' => '2022-05-29', 'keywords' => '', 'description' => '', 'sortorder' => '15102', 'image' => '20220529065428_585a7633ac880_reforma_zdravoohraneniya_2016_1200-9976.jpg', 'article_date' => '2022-05-29 18:53:45', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => null, 'user_id' => '34' ) ), (int) 10 => array( 'Article' => array( 'id' => '15359', 'article_category_id' => '1', 'title' => 'Government Increases Budget for Agriculture by Rs 10 Billion', 'sub_title' => '', 'summary' => 'May 29: The government has increased the budget for agriculture and livestock development in upcoming fiscal year by Rs 10 billion.', 'content' => '<p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif""><span style="font-size:16.0pt"><span style="font-family:"Arial","sans-serif"">May 29: The government has increased the budget for agriculture and livestock development in upcoming fiscal year by Rs 10 billion.</span></span></span></span></p> <p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif""><span style="font-size:16.0pt"><span style="font-family:"Arial","sans-serif"">As per the announcement made by Finance Minister Janardan Sharman while presenting the budget for the upcoming fiscal year in parliament on Sunday, the government has allocated a total of Rs 55.97 billion for this sector.</span></span></span></span></p> <p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif""><span style="font-size:16.0pt"><span style="font-family:"Arial","sans-serif"">The budget allocated for the agriculture and livestock sector in the current fiscal year is Rs 45.9 billion. </span></span></span></span></p> <p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif""><span style="font-size:16.0pt"><span style="font-family:"Arial","sans-serif"">The government had earlier made public its policies and programmess for the upcoming fiscal year with the aim of developing the agricultural sector, reviving the troubled economy and expanding the physical infrastructure.</span></span></span></span></p> <p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif""><span style="font-size:16.0pt"><span style="font-family:"Arial","sans-serif"">In order to achieve economic growth and sustainability through the combination of fiscal and monetary policies, the government has outlined agriculture, transport, energy, tourism and information technology as the drivers of economic growth. </span></span></span></span></p> <p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif""><span style="font-size:16.0pt"><span style="font-family:"Arial","sans-serif"">The government had also announced to formulate a new national agricultural policy for developing this sector as a major driving force.</span></span></span></span></p> ', 'published' => true, 'created' => '2022-05-29', 'modified' => '2022-05-29', 'keywords' => '', 'description' => '', 'sortorder' => '15101', 'image' => '20220529063444_agri maize.jpg', 'article_date' => '2022-05-29 18:33:35', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '34' ) ), (int) 11 => array( 'Article' => array( 'id' => '15358', 'article_category_id' => '1', 'title' => 'Government Announces Free Kidney Transplant Service', 'sub_title' => '', 'summary' => 'May 29: The government has announced free-of-cost kidney transplant facility for patients suffering from kidney failure.', 'content' => '<p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif""><span style="font-size:15.0pt"><span style="font-family:"Arial","sans-serif"">May 29: The government has announced free-of-cost kidney transplant facility for patients suffering from kidney failure.</span></span></span></span></p> <p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif""><span style="font-size:15.0pt"><span style="font-family:"Arial","sans-serif"">Finance Minister Janardan Sharma made the announcement while presenting the budget for the upcoming fiscal year in parliament on Sunday. </span></span></span></span></p> <p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif""><span style="font-size:15.0pt"><span style="font-family:"Arial","sans-serif"">The government has also allocated Rs 200 million for all provincial hospitals to purchase dialysis machine. </span></span></span></span></p> <p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif""><span style="font-size:15.0pt"><span style="font-family:"Arial","sans-serif"">According to the finance minister, the government has allocated Rs 100 million to provide free-of-cost kidney transplant service for people from backward communities.</span></span></span></span></p> <p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif""><span style="font-size:15.0pt"><span style="font-family:"Arial","sans-serif"">It may be noted that former Health Minister Gagan Thapa had made arrangements for free dialysis during his tenure some years ago. Patients undergoing dialysis have to pay only a nominal fee for the service at government-run hospitals.</span></span></span></span></p> ', 'published' => true, 'created' => '2022-05-29', 'modified' => '2022-05-29', 'keywords' => '', 'description' => '', 'sortorder' => '15100', 'image' => '20220529053044_hospitaly-healthy.jpg', 'article_date' => '2022-05-29 17:30:07', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => null, 'user_id' => '34' ) ), (int) 12 => array( 'Article' => array( 'id' => '15357', 'article_category_id' => '1', 'title' => 'Government Allocates Rs 9.38 Billion for Tourism Sector', 'sub_title' => '', 'summary' => 'May 29: The government has allocated Rs 9.38 billion for the tourism sector in the budget for the upcoming fiscal year.', 'content' => '<p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif""><span style="font-size:15.0pt"><span style="font-family:"Arial","sans-serif"">May 29: The government has allocated Rs 9.38 billion for the tourism sector in the budget for the upcoming fiscal year.</span></span></span></span></p> <p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif""><span style="font-size:15.0pt"><span style="font-family:"Arial","sans-serif"">Finance Minister Janardan Sharma made such announcement while presenting the budget in the federal parliament on Sunday.</span></span></span></span></p> <p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif""><span style="font-size:15.0pt"><span style="font-family:"Arial","sans-serif"">The constitution has a provision for announcing budget every year on the Republic Day (May 29) one and a half months before the new fiscal year.</span></span></span></span></p> <p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif""><span style="font-size:15.0pt"><span style="font-family:"Arial","sans-serif"">It may be noted that the tourism sector was the most affected by the Covid-19 pandemic for almost two years. Lately, this sector had shown some improvements with the increase in arrival of tourists.</span></span></span></span></p> <p> </p> <p> </p> ', 'published' => true, 'created' => '2022-05-29', 'modified' => '2022-05-29', 'keywords' => '', 'description' => '', 'sortorder' => '15099', 'image' => '20220529052058_Tourist.jpg', 'article_date' => '2022-05-29 17:20:21', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => null, 'user_id' => '34' ) ), (int) 13 => array( 'Article' => array( 'id' => '15356', 'article_category_id' => '1', 'title' => 'Government to Honour Private Sector for Attracting Foreign Investment', 'sub_title' => '', 'summary' => 'May 29: The government has pledged to honour the private sector stakeholders who facilitate in bringing foreign investment into the country.', 'content' => '<p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif""><span style="font-size:15.0pt"><span style="font-family:"Arial","sans-serif"">May 29: The government has pledged to honour the private sector stakeholders who facilitate in bringing foreign investment into the country.</span></span></span></span></p> <p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif""><span style="font-size:15.0pt"><span style="font-family:"Arial","sans-serif"">Minister for Finance Janardan Sharma made such announcement while presenting the budget for the upcoming fiscal year during a joint session of parliament on Sunday. </span></span></span></span></p> <p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif""><span style="font-size:15.0pt"><span style="font-family:"Arial","sans-serif"">The said that the government announced such provision to encourage foreign investment. </span></span></span></span></p> <p> </p> ', 'published' => true, 'created' => '2022-05-29', 'modified' => '2022-05-29', 'keywords' => '', 'description' => '', 'sortorder' => '15098', 'image' => '20220529051410_Foreign investment.jpg', 'article_date' => '2022-05-29 17:13:29', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => null, 'user_id' => '34' ) ), (int) 14 => array( 'Article' => array( 'id' => '15355', 'article_category_id' => '1', 'title' => 'Government Presents Budget in Parliament ', 'sub_title' => '', 'summary' => 'May 29: The government’s estimate of income and expenditure for the upcoming fiscal year 2079-80 BS (2022-23) has been presented in the House. ', 'content' => '<p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"Arial Unicode MS","sans-serif"">May 29: The government’s estimate of income and expenditure for the upcoming fiscal year 2079-80 BS (2022-23) has been presented in the House. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">Minister for Finance Janardan Sharma is now presenting the budget before a joint session of the Federal Parliament. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">Prior to this, Speaker Agni Prasad Sapkota granted permission to the Minister to present the budget before the House that at 4:00 pm today. The budget was endorsed by the Council of Minister before its presentation in the House. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">It may be noted that President Bidya Devi Bhandari had presented the government’s new policies and programmes for the upcoming fiscal year in the joint session of the House on May 24 and they were passed by the House of Representatives on Saturday. </span></span></span></p> <p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"Arial Unicode MS","sans-serif"">The government generally announces the budget based on its policies and programmes for the given time. The government had also unveiled the Economic Survey on Saturday. -- RSS </span></span></span></p> ', 'published' => true, 'created' => '2022-05-29', 'modified' => '2022-05-29', 'keywords' => '', 'description' => '', 'sortorder' => '15097', 'image' => '20220529045445_ROS_4306.JPG', 'article_date' => '2022-05-29 16:54:06', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => null, 'user_id' => '34' ) ) ) $current_user = null $logged_in = falseinclude - APP/View/Elements/side_bar.ctp, line 60 View::_evaluate() - CORE/Cake/View/View.php, line 971 View::_render() - CORE/Cake/View/View.php, line 933 View::_renderElement() - CORE/Cake/View/View.php, line 1224 View::element() - CORE/Cake/View/View.php, line 418 include - APP/View/Articles/index.ctp, line 157 View::_evaluate() - CORE/Cake/View/View.php, line 971 View::_render() - CORE/Cake/View/View.php, line 933 View::render() - CORE/Cake/View/View.php, line 473 Controller::render() - CORE/Cake/Controller/Controller.php, line 968 Dispatcher::_invoke() - CORE/Cake/Routing/Dispatcher.php, line 200 Dispatcher::dispatch() - CORE/Cake/Routing/Dispatcher.php, line 167 [main] - APP/webroot/index.php, line 117
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$viewFile = '/var/www/html/newbusinessage.com/app/View/Elements/side_bar.ctp' $dataForView = array( 'articles' => array( (int) 0 => array( 'Article' => array( [maximum depth reached] ) ), (int) 1 => array( 'Article' => array( [maximum depth reached] ) ), (int) 2 => array( 'Article' => array( [maximum depth reached] ) ), (int) 3 => array( 'Article' => array( [maximum depth reached] ) ), (int) 4 => array( 'Article' => array( [maximum depth reached] ) ), (int) 5 => array( 'Article' => array( [maximum depth reached] ) ), (int) 6 => array( 'Article' => array( [maximum depth reached] ) ), (int) 7 => array( 'Article' => array( [maximum depth reached] ) ), (int) 8 => array( 'Article' => array( [maximum depth reached] ) ), (int) 9 => array( 'Article' => array( [maximum depth reached] ) ), (int) 10 => array( 'Article' => array( [maximum depth reached] ) ), (int) 11 => array( 'Article' => array( [maximum depth reached] ) ), (int) 12 => array( 'Article' => array( [maximum depth reached] ) ), (int) 13 => array( 'Article' => array( [maximum depth reached] ) ), (int) 14 => array( 'Article' => array( [maximum depth reached] ) ) ), 'current_user' => null, 'logged_in' => false ) $articles = array( (int) 0 => array( 'Article' => array( 'id' => '15369', 'article_category_id' => '1', 'title' => 'Education Sector Receives Rs 16 Billion more Budget for FY 2022/23', 'sub_title' => '', 'summary' => 'May 30: The government has allocated Rs 16 billion more budget for the education sector in the upcoming fiscal year as compared to the current fiscal year. ', 'content' => '<p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"Arial Unicode MS","sans-serif"">May 30: The government has allocated Rs 16 billion more budget for the education sector in the upcoming fiscal year as compared to the current fiscal year. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">Tabling the budget during a joint session of parliament on Sunday, Finance Minister Janardan Sharma said that a budget of Rs 196 billion has been allocated for the Ministry of Education in the upcoming fiscal year. The budget has been provided for the ministry, and the province and local levels under the ministry. Categorically, the ministry has received a budget of Rs 70 billion while the and local levels have been allocated Rs 5.32 billion and Rs 121 billion respectively. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">The budget has linked education to labour, employment and production. Development of quality and productive human resources, continuation of school sector reform programme, increase in youth literacy rate, increase in gross school enrollment, creation of environment to guarantee vocational knowledge and skill are some of the key features under the education sector. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">The present scheme of day meal up to Grade 5 would be expanded up to Grade 7, the finance minister said. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">Similarly, restructuring of CTEVT is also on the cards. According to the finance minister, Rs 8.30 billion has been allocated to hand over technical knowledge to the local levels. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif""> The government has also decided to facilitate visa processing for foreign students aspiring to acquire higher education in Nepal. Internet service would be provided at half the tariff to community schools for the expansion of information technology. -- RSS </span><br /> </span></span></p> ', 'published' => true, 'created' => '2022-05-30', 'modified' => '2022-05-30', 'keywords' => '', 'description' => '', 'sortorder' => '15111', 'image' => '20220530033850_education-icon-graduation-hat-vector-2498629.jpg', 'article_date' => '2022-05-30 15:38:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => null, 'user_id' => '34' ) ), (int) 1 => array( 'Article' => array( 'id' => '15368', 'article_category_id' => '1', 'title' => 'Budget gives High Priority to Agriculture Sector ', 'sub_title' => '', 'summary' => 'May 30: The government has increased the budget for the agriculture sector for the upcoming fiscal year to make the country self-reliant in agriculture. ', 'content' => '<p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif"">May 30: The government has increased the budget for the agriculture sector for the upcoming fiscal year to make the country self-reliant in agriculture. The government has announced a national campaign for agricultural production for self-reliance in Fiscal Year 2022/23 with the objective of discouraging increasing imports of agricultural produce. </span></span></p> <p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif"">The government has allocated a total budget of Rs 55.97 billion for the agriculture sector, which is Rs 10 billion more than the budget of this sector in the current fiscal year. The government had allocated Rs 45.09 billion for agriculture and livestock development in the current fiscal year. </span></span></p> <p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif"">The government plans to increase agricultural production by linking the farmers with agricultural cooperative groups and cooperatives and using the available cultivable land as well as barren land. The government will emphasize increasing productivity through commercialization, modernization and mechanization of this sector. For the effective implementation of the program, a high level mechanism comprising line ministers will be formed under the coordination of the prime minister. </span></span></p> <p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif"">In the budget of the upcoming fiscal year, the government has set a target to deliver the required agricultural loan at the doorsteps of the farmers by setting up a microfinance fund of Rs 500 billion. Moreover, arrangements have been made for the banks and financial institutions to invest the fund mandatorily in the deprived sector and in the agricultural sector. The government will also make arrangements for the Citizen’s Investment Trust, Employees’ Provident Fund and Social Security Fund to invest a certain amount in this fund. </span></span></p> <p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif"">The 'Prime Minister's Nepali Production and Consumption Growth Program' will be launched through the budget for which Rs 3.45 billion has been allocated. Earlier, the government had launched the Prime Minister's Agriculture Modernization Project in 2073. This year, the government has allocated Rs 5.90 billion for this project. </span></span></p> <p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif"">Reviewing the agriculture budget announced by the government on Sunday, Uddhav Adhikari, coordinator of the Agriculture Campaign for Food, said that the government has succeeded in bringing a budget that is liked by all. While the risk of food security is increasing worldwide, he said that the government has been able to bring the budget with the focus on agriculture, which is a matter of happiness. “Looking at the budget of the last 8 to 10 years, the budget for the agriculture sector this year should be considered positive,” he said. </span></span></p> <p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif"">At a time when the number of youths have looked down upon the profession of agriculture and have opted to go abroad, the government has brought a programme to attract the youths as well. </span></span></p> <p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif"">Under this programme, the government plans to set up a farmers' welfare fund to start a contribution-based farmer's pension scheme. It is mentioned in the budget that the government will deposit 10 percent of the amount contributed by the farmers in the fund every month. An initial budget of Rs 1 billion has been allocated for the establishment of the fund. </span></span></p> <p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif"">Former Chairman of the National Farmers Commission Chitra Bahadur Shrestha said that although the overall budget of agriculture is reasonable, the budget allocated by the government for the supply of chemical fertilizers for the upcoming fiscal year may be insufficient. Furthermore, he also said that the implementation of the budget is challenging. </span></span></p> <p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif"">The government is planning to set up a chemical fertilizer factory using green hydrogen and green ammonia technology through the Investment Board. Although the government's plan to open a fertilizer factory has been mentioned in previous budgets, it has never been implemented. </span></span></p> <p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif"">The government has allocated Rs 15 billion for the supply of chemical fertilizers in the upcoming fiscal year. In the current fiscal year, the government had allocated Rs 12 billion. The government had added Rs 3 billion after the budget was insufficient to procure the required fertilizer. </span></span></p> <p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif"">The budget also has provision to fix the minimum support price of agricultural products including paddy, wheat, maize and milk. The products will be procured through government companies and if there is any difference between the support price and purchase price, research will be done. Similarly, Rs 450 million has been allocated for the construction of 100 warehouses across the country for storage of main food crops including paddy. </span></span></p> <p> </p> ', 'published' => true, 'created' => '2022-05-30', 'modified' => '2022-05-30', 'keywords' => '', 'description' => '', 'sortorder' => '15110', 'image' => '20220530020533_Agri.jpg', 'article_date' => '2022-05-30 14:04:55', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => null, 'user_id' => '34' ) ), (int) 2 => array( 'Article' => array( 'id' => '15367', 'article_category_id' => '1', 'title' => 'Infrastructure Development and Education get Largest Chunks of Budget', 'sub_title' => '', 'summary' => 'May 30: The government has unveiled a budget of Rs 1793.83 billion for the upcoming fiscal year. ', 'content' => '<p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"Arial Unicode MS","sans-serif"">May 30: The government has unveiled a budget of Rs 1793.83 billion for the upcoming fiscal year. The government has allocated Rs 753.4 billion for the current expenditure, which accounts for 42 percent of the total budget while Rs 380.38 billion or 21.2 percent of the budget has been allocated for the capital expenditure. </span></span></span></p> <p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"Arial Unicode MS","sans-serif"">Among different sectors that have been allocated budget, the highest share of budget has been earmarked for physical infrastructure and education sectors.</span></span></span></p> <p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"Arial Unicode MS","sans-serif"">Presenting the budget in a joint session of parliament on Sunday, Finance Minister Janardan Sharma announced that the government has allocated a budget of Rs 161.56 billion for the Ministry of Physical Infrastructures and Transport.</span></span></span></p> <p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"Arial Unicode MS","sans-serif"">The education sector has been allocated a total budget of Rs 196 billion including Rs 70.5 billion for the Ministry of Education, Science and Technology, Rs 5.32 billion for education at provincial level and Rs 121 billion for local level. </span></span></span></p> <p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"Arial Unicode MS","sans-serif"">Similarly, the Ministry of Agriculture and Livestock Development has been allocated a budget of Rs 55.97. </span></span></span></p> <p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"Arial Unicode MS","sans-serif"">According to the finance minister, a budget of Rs 10.48 million budget has been allocated for the Ministry of Industry, Commerce and Supplies for the upcoming fiscal year. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">The government has allocated Rs 9.38 billion for the tourism sector and Rs 12.24 billion for the development of aviation infrastructure. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">Finance Minister Sharma said Rs 7.4 billion has been allocated for the Ministry of Land Management, Cooperatives and Poverty Alleviation. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">Similarly, Rs 13 billion has been allocated for the Ministry of Forest and Environment, while the Prime Minister Employment Programme (PMEP) has received a budget of Rs 7.5 billion. </span></span></span></p> <p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"Arial Unicode MS","sans-serif"">The Ministry of Labour, Employment and Social Security has been allocated Rs 9.13 billion while the Ministry of Health and Population has received Rs 69.38 billion. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">Similarly, Rs 37.73 billion has been allocated for the Ministry of Urban Development; Rs 2.9 billion for the Ministry of Youth and Sports; Rs 1.77 billion for the Ministry of Women, Children and Senior Citizens; Rs 8.59 billion for the Ministry of Communications and Information Technology; and Rs 25.3 billion for the Ministry of Federal Affairs and General Administration. </span></span></span><br /> </p> <p> </p> <p> </p> <p> </p> <p> </p> <p> </p> <p> </p> ', 'published' => true, 'created' => '2022-05-30', 'modified' => '2022-05-30', 'keywords' => '', 'description' => '', 'sortorder' => '15109', 'image' => '20220530115328_update.jpg', 'article_date' => '2022-05-30 11:49:34', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '34' ) ), (int) 3 => array( 'Article' => array( 'id' => '15366', 'article_category_id' => '1', 'title' => 'Government Plans to Attract 1 Million Tourists in Upcoming Fiscal Year ', 'sub_title' => '', 'summary' => 'May 30: The incumbent government has set a target of attracting one million tourists in the upcoming fiscal year (FY 2022/23).', 'content' => '<p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"Arial Unicode MS","sans-serif"">May 30: The incumbent government has set a target of attracting one million tourists in the upcoming fiscal year (FY 2022/23). The government made such announcement during the joint session of the Federal Parliament while presenting the budget on Sunday. Finance Minister Janardan Sharma announced that the government has allocated a budget of Rs 9 billion for the tourism sector.</span></span></span></p> <p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"Arial Unicode MS","sans-serif""> "Various programmes will be launched and implemented to bring in over 1 million foreign tourists to Nepal," Finance Minister Janardan Sharma said, adding, "The aim is to develop and promote tourism as the basis for income generation and prosperity by marketing Nepal's uniqueness, natural beauty, cultural heritage and civilization in the world tourism market." </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">Furthermore, the government has plans to encourage the new generation to get involved in tourism. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">According to Finance Minister Sharma, the government has allocated Rs 2 billion for reconstruction of earthquake-damaged historical and archeologically important heritage sites and monuments and reconstruction will be carried out within the upcoming fiscal year. </span></span></span></p> <p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"Arial Unicode MS","sans-serif"">Museums, arts and historical monuments would be developed as tourism spots, said the finance minister. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">Similarly, the government has announced exemption of renewal fees and annual license for the hotels and tourism entrepreneurs for the upcoming fiscal year. Minister Sharma informed that hill stations will be built in various places that offer enchanting views of the landscape and also those places that hold significance from religious point of view. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">The government has allocated budget to set up a mountaineering research centre n the Everest region while Rs 330 million has been allocated for construction of the Great Himalayan Trail that stretches in the upper belt of the country from the east to the west. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">The existing path leading up to Everest region will be upgraded, said Minister Sharma.</span></span></span></p> <p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"Arial Unicode MS","sans-serif"">Meanwhile, the government has allocated a budget of Rs 12.2 billion for development of physical infrastructures for the aviation sector, which is believed to aide the tourism business. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">The government also plans to construct a second terminal building at the Tribhuvan International Airport in Kathmandu to help reduce the pressure of inflow of passengers. As per the announcement made by Finance Minister Sharma, Bhairahawa-based Gautam Buddha International Airport and the Pokhara Regional International Airport will be brought into full operation in the upcoming fiscal year. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">--- </span></span></span></p> ', 'published' => true, 'created' => '2022-05-30', 'modified' => '2022-05-30', 'keywords' => '', 'description' => '', 'sortorder' => '15108', 'image' => '20220530105125_Tourist.jpg', 'article_date' => '2022-05-30 10:50:35', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => null, 'user_id' => '34' ) ), (int) 4 => array( 'Article' => array( 'id' => '15365', 'article_category_id' => '1', 'title' => 'Missing Plane found in Ruins Near Manapathi Mountain', 'sub_title' => '', 'summary' => 'May 30: A twin-otter plane of Tara Air that went out of contact sine Sunday morning while flying to Jomsom from Pokhara has been found in a wretched condition near Lete of Mustang district. ', 'content' => '<p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"Arial Unicode MS","sans-serif"">May 30: A twin-otter plane of Tara Air that went out of contact sine Sunday morning while flying to Jomsom from Pokhara has been found in a wretched condition at the bottom of Manapathi mountain near Lete of Mustang district. </span></span></span></p> <p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"Arial Unicode MS","sans-serif"">According to the state-owned national news agency RSS, the plane with 22 people on board including three crew members was found at Patake Lake in Sanosora of Thasang Rural Municipality, ward-2 of Mustang this morning (May 30). </span></span></span></p> <p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"Arial Unicode MS","sans-serif"">Chairperson of Thasang Rural Municipality Pradeep Gauchan told RSS that Sumit Gauchan, a local of Lete, and other yarsa gumba pickers had sent a photo showing wretched condition of the crashed plane. </span></span></span></p> <p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"Arial Unicode MS","sans-serif"">However, the government is yet to confirm this officially. After plane parts were seen broken at the bottom of Manapathi Mountain from a distant area, the security personnel and locals had set out to the direction early this morning, chairperson Gauchan added. </span></span></span></p> <p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"Arial Unicode MS","sans-serif"">Meanwhile, Nepalese Army Spokesperson Brigadier General Narayan Silwal posted a photo of the crash site taken from a helicopter on Twitter on Monday morning confirming that the plane had crashed. </span></span></span></p> <p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"Arial Unicode MS","sans-serif"">The Army spokesperson confirmed Sanosware of Thasang-2, Mustang as the crash site through his official Twitter handle. </span></span></span></p> <p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"Arial Unicode MS","sans-serif"">The airline company said in a statement on Monday that the wreckage of the missing plane waas found at an altitude of 14,500 feet. According to the company, the search and rescue teams have now reached the accident site. The company did not announce the fate of the passengers and crew members who are believed to have died in the crash.</span></span></span></p> <p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"Arial Unicode MS","sans-serif"">The plane was carrying 19 passengers including four Indians, two Germans ,13 Nepalis and three crew members.</span></span></span></p> <p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"Arial Unicode MS","sans-serif"">The plane that flew from Pokhara to Jomsom at 9:55 on Sunday morning went out of contact after 10:11 am. </span></span></span></p> <p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"Arial Unicode MS","sans-serif"">According to media reports, the aircraft with call sign 9N-AET has been in operation since the last 43 years. </span></span></span></p> <p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"Arial Unicode MS","sans-serif"">Flight-tracking website Flightradar24 said the aircraft, with registration number 9N-AET, made its first flight in April 1979, Reuters reported.</span></span></span></p> <p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"Arial Unicode MS","sans-serif"">“Nepal, home to eight of the world's 14 highest mountains, including Everest, has a record of air accidents. Its weather can change suddenly and airstrips are typically located in mountainous areas that are hard to reach,” the news agency further reported.</span></span></span></p> <p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"Arial Unicode MS","sans-serif"">Besides the terrain and adverse weather, experts have often blamed the poor condition of aircraft as one of the major causes of air crashes. However, it is said that the reports prepared after investigation following such accidents often blame human error as the cause of accident.</span></span></span></p> ', 'published' => true, 'created' => '2022-05-30', 'modified' => '2022-05-30', 'keywords' => '', 'description' => '', 'sortorder' => '15107', 'image' => '20220530102717_tara.jpg', 'article_date' => '2022-05-30 10:25:34', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '34' ) ), (int) 5 => array( 'Article' => array( 'id' => '15364', 'article_category_id' => '1', 'title' => 'Government Unveils Annual Budget of Rs 1.79 Trillion for FY 2022/23', 'sub_title' => 'Current expenditure of the government accounts for 42 percent of the total budget', 'summary' => 'May 30: The government has announced a new budget of Rs 1793.83 billion for the upcoming fiscal year (FY 2022/023).', 'content' => '<p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"Arial Unicode MS","sans-serif"">May 30: The government has announced a new budget of Rs 1793.83 billion for the upcoming fiscal year (FY 2022/023). </span></span></span></p> <p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"Arial Unicode MS","sans-serif"">Presenting the annual budget during a meeting of the Federal Parliament on Sunday (May 29), Finance Minister Janardan Sharma said Rs 753.4 billion has been allocated for the current expenditure and Rs 380.38 billion for the capital expenditure. </span></span></span></p> <p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"Arial Unicode MS","sans-serif"">The current expenditure of the government accounts for 42 percent of the total budget while the capital expenditure is 21.2 percent of the budget.</span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">Likewise, Rs 230.22 billion has been allocated for the fiscal management which is 12.8 percent of the total budget, the finance minister said.</span></span></span></p> <p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"Arial Unicode MS","sans-serif"">A total of Rs 429.83 billion or 24 percent of the budget has been arranged for fiscal grant handover to the provincial and local governments. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">According to the Finance Minister, Rs 1240.11 billion would be raised through revenue collection while the government is expecting to receive Rs 55.46 billion as foreign grants. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">Likewise, the government plans to collect Rs 242.26 billion from foreign loans and Rs 256 billion would be managed from the domestic debt. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">The government had announced a budget of Rs 1647.57 billion for the current fiscal year. (With inputs from RSS) </span></span></span><br /> </p> ', 'published' => true, 'created' => '2022-05-30', 'modified' => '2022-05-30', 'keywords' => '', 'description' => '', 'sortorder' => '15106', 'image' => '20220530081206_ROS_KTM_IMGL4220.jpg', 'article_date' => '2022-05-30 08:11:24', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '34' ) ), (int) 6 => array( 'Article' => array( 'id' => '15363', 'article_category_id' => '1', 'title' => 'Private Sector Welcomes Budget', 'sub_title' => '', 'summary' => 'May 30: The private sector has welcomed with the budget announced by the government on Sunday. ', 'content' => '<p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"Arial Unicode MS","sans-serif"">May 30: The private sector has welcomed with the budget announced by the government on Sunday. The businesspersons and entrepreneurs have urged the government to effectively implement the budget which they claim is 'encouraging'. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">President of the Federation of Nepalese Chambers of Commerce and Industries (FNCCI) Sekhar Golchha said various issues were incorporated in the budget and it was encouraging. He observed that subsidy in export, focus on production and due address on agriculture sector are positive sides of the budget. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">Similarly, Chairperson of Nepal Chamber of Commerce (NCC) Rajendra Malla also hailed the budget and stressed that the government must implement it effectively. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">Chairperson of the Confederation of Nepalese Industries (CNI) Bishnu Kumar Agrawal said promotion of manufacturing industries, review of land ceiling for industries, grant in export and discount on electricity tariff to export industries were encouraging. </span></span></span><br /> </p> ', 'published' => true, 'created' => '2022-05-30', 'modified' => '2022-05-30', 'keywords' => '', 'description' => '', 'sortorder' => '15105', 'image' => '20220530081122_fncci_cni_ncc_gLJ2hpzNGC.jpg', 'article_date' => '2022-05-30 08:10:39', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => null, 'user_id' => '34' ) ), (int) 7 => array( 'Article' => array( 'id' => '15362', 'article_category_id' => '1', 'title' => 'Finance Minister Pledges Paradigm Shift through Budget ', 'sub_title' => '', 'summary' => 'May 29: Finance Minister Janardan Sharma has said the budget for the upcoming fiscal year (FY 2022-23) is a take-off point towards production-oriented economy from an import-based one. ', 'content' => '<p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"Arial Unicode MS","sans-serif"">May 29: Finance Minister Janardan Sharma has said the budget for the upcoming fiscal year (FY 2022-23) is a take-off point towards production-oriented economy from an import-based one. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">While announcing the budget in the joint session of the Federal Parliament on Sunday, the Finance Minister said the nation's economy was on the path of recovery after COVID-19 crisis and the revenue collection in the current fiscal year was satisfactory. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">According to the finance minister, poverty alleviation and maximum utilization of available natural assets and capital mobilization to create jobs are the priorities of the budget that focused on promoting production-based economy.</span></span></span></p> <p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"Arial Unicode MS","sans-serif"">“Agriculture, tourism, industry and energy are the special priorities of the budget,” said Minister Sharma. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">Through the budget, the government targets to minimize the imports of grains such as rice, maize and wheat by 30 percent. In addition to this, it plans to establish 100 food warehouses across the country and implement the ‘farmers’ pension programme’. The government has decided to allocate the budget of Rs 1 billion for the seed capital under this programme. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">Enhancement of fiscal discipline, transformation of agricultural sector, innovation-based economic development, recovery of tourism sector, promotion of hydropower sector and effective administrative service are other commitments of the budget. -- RSS </span></span></span></p> ', 'published' => true, 'created' => '2022-05-29', 'modified' => '2022-05-29', 'keywords' => '', 'description' => '', 'sortorder' => '15104', 'image' => '20220529071133_budget new.jpg', 'article_date' => '2022-05-29 19:10:54', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => null, 'user_id' => '34' ) ), (int) 8 => array( 'Article' => array( 'id' => '15361', 'article_category_id' => '1', 'title' => 'Senior Citizens to Receive Old-Age Allowance at 68 Years ', 'sub_title' => '', 'summary' => 'May 29: The government has decided to provide old-age allowance under its social security programme from senior citizens of 68 years of age from the new fiscal year. ', 'content' => '<p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"Arial Unicode MS","sans-serif"">May 29: The government has decided to provide old-age allowance under its social security programme from senior citizens of 68 years of age from the new fiscal year. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">According to the announcement made by Finance Minister Janardan Sharma while presenting the budget in a joint session of the parliament on Sunday, the provision of old age allowance has been amended to lower the age bar for the recipients. From now onwards, elderly citizens shall receive old-age allowance at 68 years instead of 70 years.</span></span></span></p> <p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"Arial Unicode MS","sans-serif"">The elderly citizens have been receiving monthly allowance of Rs 4,000 under the social security programme. </span></span></span></p> ', 'published' => true, 'created' => '2022-05-29', 'modified' => '2022-05-29', 'keywords' => '', 'description' => '', 'sortorder' => '15103', 'image' => '20220529070534_The-old-age-allowance.jpg', 'article_date' => '2022-05-29 19:04:34', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => null, 'user_id' => '34' ) ), (int) 9 => array( 'Article' => array( 'id' => '15360', 'article_category_id' => '1', 'title' => 'Government Allocates Rs 69.38 Billion for Health Sector ', 'sub_title' => '', 'summary' => 'May 29: The government has allocated Rs 69.38 billion budget for the health sector in the upcoming fiscal year.', 'content' => '<p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"Arial Unicode MS","sans-serif"">May 29: The government has allocated Rs 69.38 billion budget for the health sector in the upcoming fiscal year.</span></span></span></p> <p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"Arial Unicode MS","sans-serif"">Minister for Finance Janadran Sharma made such announcement while presenting the budget for the Fiscal Year 2022/23 in parliament on Sunday.</span></span></span></p> <p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"Arial Unicode MS","sans-serif"">The budget allocated for health sector in the upcoming fiscal year is less that the budget allocated in the current fiscal year by Rs 52 billion.</span></span></span></p> <p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"Arial Unicode MS","sans-serif"">Last year, the government had announced a budget of Rs 122 billion for the health sector for FY 2021/22 with focus on prevention and control of Covid-19 pandemic.</span></span></span></p> <p><br /> </p> ', 'published' => true, 'created' => '2022-05-29', 'modified' => '2022-05-29', 'keywords' => '', 'description' => '', 'sortorder' => '15102', 'image' => '20220529065428_585a7633ac880_reforma_zdravoohraneniya_2016_1200-9976.jpg', 'article_date' => '2022-05-29 18:53:45', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => null, 'user_id' => '34' ) ), (int) 10 => array( 'Article' => array( 'id' => '15359', 'article_category_id' => '1', 'title' => 'Government Increases Budget for Agriculture by Rs 10 Billion', 'sub_title' => '', 'summary' => 'May 29: The government has increased the budget for agriculture and livestock development in upcoming fiscal year by Rs 10 billion.', 'content' => '<p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif""><span style="font-size:16.0pt"><span style="font-family:"Arial","sans-serif"">May 29: The government has increased the budget for agriculture and livestock development in upcoming fiscal year by Rs 10 billion.</span></span></span></span></p> <p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif""><span style="font-size:16.0pt"><span style="font-family:"Arial","sans-serif"">As per the announcement made by Finance Minister Janardan Sharman while presenting the budget for the upcoming fiscal year in parliament on Sunday, the government has allocated a total of Rs 55.97 billion for this sector.</span></span></span></span></p> <p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif""><span style="font-size:16.0pt"><span style="font-family:"Arial","sans-serif"">The budget allocated for the agriculture and livestock sector in the current fiscal year is Rs 45.9 billion. </span></span></span></span></p> <p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif""><span style="font-size:16.0pt"><span style="font-family:"Arial","sans-serif"">The government had earlier made public its policies and programmess for the upcoming fiscal year with the aim of developing the agricultural sector, reviving the troubled economy and expanding the physical infrastructure.</span></span></span></span></p> <p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif""><span style="font-size:16.0pt"><span style="font-family:"Arial","sans-serif"">In order to achieve economic growth and sustainability through the combination of fiscal and monetary policies, the government has outlined agriculture, transport, energy, tourism and information technology as the drivers of economic growth. </span></span></span></span></p> <p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif""><span style="font-size:16.0pt"><span style="font-family:"Arial","sans-serif"">The government had also announced to formulate a new national agricultural policy for developing this sector as a major driving force.</span></span></span></span></p> ', 'published' => true, 'created' => '2022-05-29', 'modified' => '2022-05-29', 'keywords' => '', 'description' => '', 'sortorder' => '15101', 'image' => '20220529063444_agri maize.jpg', 'article_date' => '2022-05-29 18:33:35', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '34' ) ), (int) 11 => array( 'Article' => array( 'id' => '15358', 'article_category_id' => '1', 'title' => 'Government Announces Free Kidney Transplant Service', 'sub_title' => '', 'summary' => 'May 29: The government has announced free-of-cost kidney transplant facility for patients suffering from kidney failure.', 'content' => '<p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif""><span style="font-size:15.0pt"><span style="font-family:"Arial","sans-serif"">May 29: The government has announced free-of-cost kidney transplant facility for patients suffering from kidney failure.</span></span></span></span></p> <p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif""><span style="font-size:15.0pt"><span style="font-family:"Arial","sans-serif"">Finance Minister Janardan Sharma made the announcement while presenting the budget for the upcoming fiscal year in parliament on Sunday. </span></span></span></span></p> <p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif""><span style="font-size:15.0pt"><span style="font-family:"Arial","sans-serif"">The government has also allocated Rs 200 million for all provincial hospitals to purchase dialysis machine. </span></span></span></span></p> <p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif""><span style="font-size:15.0pt"><span style="font-family:"Arial","sans-serif"">According to the finance minister, the government has allocated Rs 100 million to provide free-of-cost kidney transplant service for people from backward communities.</span></span></span></span></p> <p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif""><span style="font-size:15.0pt"><span style="font-family:"Arial","sans-serif"">It may be noted that former Health Minister Gagan Thapa had made arrangements for free dialysis during his tenure some years ago. Patients undergoing dialysis have to pay only a nominal fee for the service at government-run hospitals.</span></span></span></span></p> ', 'published' => true, 'created' => '2022-05-29', 'modified' => '2022-05-29', 'keywords' => '', 'description' => '', 'sortorder' => '15100', 'image' => '20220529053044_hospitaly-healthy.jpg', 'article_date' => '2022-05-29 17:30:07', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => null, 'user_id' => '34' ) ), (int) 12 => array( 'Article' => array( 'id' => '15357', 'article_category_id' => '1', 'title' => 'Government Allocates Rs 9.38 Billion for Tourism Sector', 'sub_title' => '', 'summary' => 'May 29: The government has allocated Rs 9.38 billion for the tourism sector in the budget for the upcoming fiscal year.', 'content' => '<p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif""><span style="font-size:15.0pt"><span style="font-family:"Arial","sans-serif"">May 29: The government has allocated Rs 9.38 billion for the tourism sector in the budget for the upcoming fiscal year.</span></span></span></span></p> <p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif""><span style="font-size:15.0pt"><span style="font-family:"Arial","sans-serif"">Finance Minister Janardan Sharma made such announcement while presenting the budget in the federal parliament on Sunday.</span></span></span></span></p> <p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif""><span style="font-size:15.0pt"><span style="font-family:"Arial","sans-serif"">The constitution has a provision for announcing budget every year on the Republic Day (May 29) one and a half months before the new fiscal year.</span></span></span></span></p> <p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif""><span style="font-size:15.0pt"><span style="font-family:"Arial","sans-serif"">It may be noted that the tourism sector was the most affected by the Covid-19 pandemic for almost two years. Lately, this sector had shown some improvements with the increase in arrival of tourists.</span></span></span></span></p> <p> </p> <p> </p> ', 'published' => true, 'created' => '2022-05-29', 'modified' => '2022-05-29', 'keywords' => '', 'description' => '', 'sortorder' => '15099', 'image' => '20220529052058_Tourist.jpg', 'article_date' => '2022-05-29 17:20:21', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => null, 'user_id' => '34' ) ), (int) 13 => array( 'Article' => array( 'id' => '15356', 'article_category_id' => '1', 'title' => 'Government to Honour Private Sector for Attracting Foreign Investment', 'sub_title' => '', 'summary' => 'May 29: The government has pledged to honour the private sector stakeholders who facilitate in bringing foreign investment into the country.', 'content' => '<p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif""><span style="font-size:15.0pt"><span style="font-family:"Arial","sans-serif"">May 29: The government has pledged to honour the private sector stakeholders who facilitate in bringing foreign investment into the country.</span></span></span></span></p> <p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif""><span style="font-size:15.0pt"><span style="font-family:"Arial","sans-serif"">Minister for Finance Janardan Sharma made such announcement while presenting the budget for the upcoming fiscal year during a joint session of parliament on Sunday. </span></span></span></span></p> <p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif""><span style="font-size:15.0pt"><span style="font-family:"Arial","sans-serif"">The said that the government announced such provision to encourage foreign investment. </span></span></span></span></p> <p> </p> ', 'published' => true, 'created' => '2022-05-29', 'modified' => '2022-05-29', 'keywords' => '', 'description' => '', 'sortorder' => '15098', 'image' => '20220529051410_Foreign investment.jpg', 'article_date' => '2022-05-29 17:13:29', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => null, 'user_id' => '34' ) ), (int) 14 => array( 'Article' => array( 'id' => '15355', 'article_category_id' => '1', 'title' => 'Government Presents Budget in Parliament ', 'sub_title' => '', 'summary' => 'May 29: The government’s estimate of income and expenditure for the upcoming fiscal year 2079-80 BS (2022-23) has been presented in the House. ', 'content' => '<p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"Arial Unicode MS","sans-serif"">May 29: The government’s estimate of income and expenditure for the upcoming fiscal year 2079-80 BS (2022-23) has been presented in the House. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">Minister for Finance Janardan Sharma is now presenting the budget before a joint session of the Federal Parliament. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">Prior to this, Speaker Agni Prasad Sapkota granted permission to the Minister to present the budget before the House that at 4:00 pm today. The budget was endorsed by the Council of Minister before its presentation in the House. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">It may be noted that President Bidya Devi Bhandari had presented the government’s new policies and programmes for the upcoming fiscal year in the joint session of the House on May 24 and they were passed by the House of Representatives on Saturday. </span></span></span></p> <p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"Arial Unicode MS","sans-serif"">The government generally announces the budget based on its policies and programmes for the given time. The government had also unveiled the Economic Survey on Saturday. -- RSS </span></span></span></p> ', 'published' => true, 'created' => '2022-05-29', 'modified' => '2022-05-29', 'keywords' => '', 'description' => '', 'sortorder' => '15097', 'image' => '20220529045445_ROS_4306.JPG', 'article_date' => '2022-05-29 16:54:06', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => null, 'user_id' => '34' ) ) ) $current_user = null $logged_in = falsesimplexml_load_file - [internal], line ?? include - APP/View/Elements/side_bar.ctp, line 60 View::_evaluate() - CORE/Cake/View/View.php, line 971 View::_render() - CORE/Cake/View/View.php, line 933 View::_renderElement() - CORE/Cake/View/View.php, line 1224 View::element() - CORE/Cake/View/View.php, line 418 include - APP/View/Articles/index.ctp, line 157 View::_evaluate() - CORE/Cake/View/View.php, line 971 View::_render() - CORE/Cake/View/View.php, line 933 View::render() - CORE/Cake/View/View.php, line 473 Controller::render() - CORE/Cake/Controller/Controller.php, line 968 Dispatcher::_invoke() - CORE/Cake/Routing/Dispatcher.php, line 200 Dispatcher::dispatch() - CORE/Cake/Routing/Dispatcher.php, line 167 [main] - APP/webroot/index.php, line 117
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$viewFile = '/var/www/html/newbusinessage.com/app/View/Elements/side_bar.ctp' $dataForView = array( 'articles' => array( (int) 0 => array( 'Article' => array( [maximum depth reached] ) ), (int) 1 => array( 'Article' => array( [maximum depth reached] ) ), (int) 2 => array( 'Article' => array( [maximum depth reached] ) ), (int) 3 => array( 'Article' => array( [maximum depth reached] ) ), (int) 4 => array( 'Article' => array( [maximum depth reached] ) ), (int) 5 => array( 'Article' => array( [maximum depth reached] ) ), (int) 6 => array( 'Article' => array( [maximum depth reached] ) ), (int) 7 => array( 'Article' => array( [maximum depth reached] ) ), (int) 8 => array( 'Article' => array( [maximum depth reached] ) ), (int) 9 => array( 'Article' => array( [maximum depth reached] ) ), (int) 10 => array( 'Article' => array( [maximum depth reached] ) ), (int) 11 => array( 'Article' => array( [maximum depth reached] ) ), (int) 12 => array( 'Article' => array( [maximum depth reached] ) ), (int) 13 => array( 'Article' => array( [maximum depth reached] ) ), (int) 14 => array( 'Article' => array( [maximum depth reached] ) ) ), 'current_user' => null, 'logged_in' => false ) $articles = array( (int) 0 => array( 'Article' => array( 'id' => '15369', 'article_category_id' => '1', 'title' => 'Education Sector Receives Rs 16 Billion more Budget for FY 2022/23', 'sub_title' => '', 'summary' => 'May 30: The government has allocated Rs 16 billion more budget for the education sector in the upcoming fiscal year as compared to the current fiscal year. ', 'content' => '<p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"Arial Unicode MS","sans-serif"">May 30: The government has allocated Rs 16 billion more budget for the education sector in the upcoming fiscal year as compared to the current fiscal year. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">Tabling the budget during a joint session of parliament on Sunday, Finance Minister Janardan Sharma said that a budget of Rs 196 billion has been allocated for the Ministry of Education in the upcoming fiscal year. The budget has been provided for the ministry, and the province and local levels under the ministry. Categorically, the ministry has received a budget of Rs 70 billion while the and local levels have been allocated Rs 5.32 billion and Rs 121 billion respectively. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">The budget has linked education to labour, employment and production. Development of quality and productive human resources, continuation of school sector reform programme, increase in youth literacy rate, increase in gross school enrollment, creation of environment to guarantee vocational knowledge and skill are some of the key features under the education sector. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">The present scheme of day meal up to Grade 5 would be expanded up to Grade 7, the finance minister said. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">Similarly, restructuring of CTEVT is also on the cards. According to the finance minister, Rs 8.30 billion has been allocated to hand over technical knowledge to the local levels. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif""> The government has also decided to facilitate visa processing for foreign students aspiring to acquire higher education in Nepal. Internet service would be provided at half the tariff to community schools for the expansion of information technology. -- RSS </span><br /> </span></span></p> ', 'published' => true, 'created' => '2022-05-30', 'modified' => '2022-05-30', 'keywords' => '', 'description' => '', 'sortorder' => '15111', 'image' => '20220530033850_education-icon-graduation-hat-vector-2498629.jpg', 'article_date' => '2022-05-30 15:38:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => null, 'user_id' => '34' ) ), (int) 1 => array( 'Article' => array( 'id' => '15368', 'article_category_id' => '1', 'title' => 'Budget gives High Priority to Agriculture Sector ', 'sub_title' => '', 'summary' => 'May 30: The government has increased the budget for the agriculture sector for the upcoming fiscal year to make the country self-reliant in agriculture. ', 'content' => '<p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif"">May 30: The government has increased the budget for the agriculture sector for the upcoming fiscal year to make the country self-reliant in agriculture. The government has announced a national campaign for agricultural production for self-reliance in Fiscal Year 2022/23 with the objective of discouraging increasing imports of agricultural produce. </span></span></p> <p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif"">The government has allocated a total budget of Rs 55.97 billion for the agriculture sector, which is Rs 10 billion more than the budget of this sector in the current fiscal year. The government had allocated Rs 45.09 billion for agriculture and livestock development in the current fiscal year. </span></span></p> <p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif"">The government plans to increase agricultural production by linking the farmers with agricultural cooperative groups and cooperatives and using the available cultivable land as well as barren land. The government will emphasize increasing productivity through commercialization, modernization and mechanization of this sector. For the effective implementation of the program, a high level mechanism comprising line ministers will be formed under the coordination of the prime minister. </span></span></p> <p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif"">In the budget of the upcoming fiscal year, the government has set a target to deliver the required agricultural loan at the doorsteps of the farmers by setting up a microfinance fund of Rs 500 billion. Moreover, arrangements have been made for the banks and financial institutions to invest the fund mandatorily in the deprived sector and in the agricultural sector. The government will also make arrangements for the Citizen’s Investment Trust, Employees’ Provident Fund and Social Security Fund to invest a certain amount in this fund. </span></span></p> <p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif"">The 'Prime Minister's Nepali Production and Consumption Growth Program' will be launched through the budget for which Rs 3.45 billion has been allocated. Earlier, the government had launched the Prime Minister's Agriculture Modernization Project in 2073. This year, the government has allocated Rs 5.90 billion for this project. </span></span></p> <p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif"">Reviewing the agriculture budget announced by the government on Sunday, Uddhav Adhikari, coordinator of the Agriculture Campaign for Food, said that the government has succeeded in bringing a budget that is liked by all. While the risk of food security is increasing worldwide, he said that the government has been able to bring the budget with the focus on agriculture, which is a matter of happiness. “Looking at the budget of the last 8 to 10 years, the budget for the agriculture sector this year should be considered positive,” he said. </span></span></p> <p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif"">At a time when the number of youths have looked down upon the profession of agriculture and have opted to go abroad, the government has brought a programme to attract the youths as well. </span></span></p> <p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif"">Under this programme, the government plans to set up a farmers' welfare fund to start a contribution-based farmer's pension scheme. It is mentioned in the budget that the government will deposit 10 percent of the amount contributed by the farmers in the fund every month. An initial budget of Rs 1 billion has been allocated for the establishment of the fund. </span></span></p> <p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif"">Former Chairman of the National Farmers Commission Chitra Bahadur Shrestha said that although the overall budget of agriculture is reasonable, the budget allocated by the government for the supply of chemical fertilizers for the upcoming fiscal year may be insufficient. Furthermore, he also said that the implementation of the budget is challenging. </span></span></p> <p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif"">The government is planning to set up a chemical fertilizer factory using green hydrogen and green ammonia technology through the Investment Board. Although the government's plan to open a fertilizer factory has been mentioned in previous budgets, it has never been implemented. </span></span></p> <p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif"">The government has allocated Rs 15 billion for the supply of chemical fertilizers in the upcoming fiscal year. In the current fiscal year, the government had allocated Rs 12 billion. The government had added Rs 3 billion after the budget was insufficient to procure the required fertilizer. </span></span></p> <p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif"">The budget also has provision to fix the minimum support price of agricultural products including paddy, wheat, maize and milk. The products will be procured through government companies and if there is any difference between the support price and purchase price, research will be done. Similarly, Rs 450 million has been allocated for the construction of 100 warehouses across the country for storage of main food crops including paddy. </span></span></p> <p> </p> ', 'published' => true, 'created' => '2022-05-30', 'modified' => '2022-05-30', 'keywords' => '', 'description' => '', 'sortorder' => '15110', 'image' => '20220530020533_Agri.jpg', 'article_date' => '2022-05-30 14:04:55', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => null, 'user_id' => '34' ) ), (int) 2 => array( 'Article' => array( 'id' => '15367', 'article_category_id' => '1', 'title' => 'Infrastructure Development and Education get Largest Chunks of Budget', 'sub_title' => '', 'summary' => 'May 30: The government has unveiled a budget of Rs 1793.83 billion for the upcoming fiscal year. ', 'content' => '<p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"Arial Unicode MS","sans-serif"">May 30: The government has unveiled a budget of Rs 1793.83 billion for the upcoming fiscal year. The government has allocated Rs 753.4 billion for the current expenditure, which accounts for 42 percent of the total budget while Rs 380.38 billion or 21.2 percent of the budget has been allocated for the capital expenditure. </span></span></span></p> <p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"Arial Unicode MS","sans-serif"">Among different sectors that have been allocated budget, the highest share of budget has been earmarked for physical infrastructure and education sectors.</span></span></span></p> <p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"Arial Unicode MS","sans-serif"">Presenting the budget in a joint session of parliament on Sunday, Finance Minister Janardan Sharma announced that the government has allocated a budget of Rs 161.56 billion for the Ministry of Physical Infrastructures and Transport.</span></span></span></p> <p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"Arial Unicode MS","sans-serif"">The education sector has been allocated a total budget of Rs 196 billion including Rs 70.5 billion for the Ministry of Education, Science and Technology, Rs 5.32 billion for education at provincial level and Rs 121 billion for local level. </span></span></span></p> <p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"Arial Unicode MS","sans-serif"">Similarly, the Ministry of Agriculture and Livestock Development has been allocated a budget of Rs 55.97. </span></span></span></p> <p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"Arial Unicode MS","sans-serif"">According to the finance minister, a budget of Rs 10.48 million budget has been allocated for the Ministry of Industry, Commerce and Supplies for the upcoming fiscal year. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">The government has allocated Rs 9.38 billion for the tourism sector and Rs 12.24 billion for the development of aviation infrastructure. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">Finance Minister Sharma said Rs 7.4 billion has been allocated for the Ministry of Land Management, Cooperatives and Poverty Alleviation. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">Similarly, Rs 13 billion has been allocated for the Ministry of Forest and Environment, while the Prime Minister Employment Programme (PMEP) has received a budget of Rs 7.5 billion. </span></span></span></p> <p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"Arial Unicode MS","sans-serif"">The Ministry of Labour, Employment and Social Security has been allocated Rs 9.13 billion while the Ministry of Health and Population has received Rs 69.38 billion. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">Similarly, Rs 37.73 billion has been allocated for the Ministry of Urban Development; Rs 2.9 billion for the Ministry of Youth and Sports; Rs 1.77 billion for the Ministry of Women, Children and Senior Citizens; Rs 8.59 billion for the Ministry of Communications and Information Technology; and Rs 25.3 billion for the Ministry of Federal Affairs and General Administration. </span></span></span><br /> </p> <p> </p> <p> </p> <p> </p> <p> </p> <p> </p> <p> </p> ', 'published' => true, 'created' => '2022-05-30', 'modified' => '2022-05-30', 'keywords' => '', 'description' => '', 'sortorder' => '15109', 'image' => '20220530115328_update.jpg', 'article_date' => '2022-05-30 11:49:34', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '34' ) ), (int) 3 => array( 'Article' => array( 'id' => '15366', 'article_category_id' => '1', 'title' => 'Government Plans to Attract 1 Million Tourists in Upcoming Fiscal Year ', 'sub_title' => '', 'summary' => 'May 30: The incumbent government has set a target of attracting one million tourists in the upcoming fiscal year (FY 2022/23).', 'content' => '<p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"Arial Unicode MS","sans-serif"">May 30: The incumbent government has set a target of attracting one million tourists in the upcoming fiscal year (FY 2022/23). The government made such announcement during the joint session of the Federal Parliament while presenting the budget on Sunday. Finance Minister Janardan Sharma announced that the government has allocated a budget of Rs 9 billion for the tourism sector.</span></span></span></p> <p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"Arial Unicode MS","sans-serif""> "Various programmes will be launched and implemented to bring in over 1 million foreign tourists to Nepal," Finance Minister Janardan Sharma said, adding, "The aim is to develop and promote tourism as the basis for income generation and prosperity by marketing Nepal's uniqueness, natural beauty, cultural heritage and civilization in the world tourism market." </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">Furthermore, the government has plans to encourage the new generation to get involved in tourism. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">According to Finance Minister Sharma, the government has allocated Rs 2 billion for reconstruction of earthquake-damaged historical and archeologically important heritage sites and monuments and reconstruction will be carried out within the upcoming fiscal year. </span></span></span></p> <p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"Arial Unicode MS","sans-serif"">Museums, arts and historical monuments would be developed as tourism spots, said the finance minister. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">Similarly, the government has announced exemption of renewal fees and annual license for the hotels and tourism entrepreneurs for the upcoming fiscal year. Minister Sharma informed that hill stations will be built in various places that offer enchanting views of the landscape and also those places that hold significance from religious point of view. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">The government has allocated budget to set up a mountaineering research centre n the Everest region while Rs 330 million has been allocated for construction of the Great Himalayan Trail that stretches in the upper belt of the country from the east to the west. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">The existing path leading up to Everest region will be upgraded, said Minister Sharma.</span></span></span></p> <p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"Arial Unicode MS","sans-serif"">Meanwhile, the government has allocated a budget of Rs 12.2 billion for development of physical infrastructures for the aviation sector, which is believed to aide the tourism business. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">The government also plans to construct a second terminal building at the Tribhuvan International Airport in Kathmandu to help reduce the pressure of inflow of passengers. As per the announcement made by Finance Minister Sharma, Bhairahawa-based Gautam Buddha International Airport and the Pokhara Regional International Airport will be brought into full operation in the upcoming fiscal year. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">--- </span></span></span></p> ', 'published' => true, 'created' => '2022-05-30', 'modified' => '2022-05-30', 'keywords' => '', 'description' => '', 'sortorder' => '15108', 'image' => '20220530105125_Tourist.jpg', 'article_date' => '2022-05-30 10:50:35', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => null, 'user_id' => '34' ) ), (int) 4 => array( 'Article' => array( 'id' => '15365', 'article_category_id' => '1', 'title' => 'Missing Plane found in Ruins Near Manapathi Mountain', 'sub_title' => '', 'summary' => 'May 30: A twin-otter plane of Tara Air that went out of contact sine Sunday morning while flying to Jomsom from Pokhara has been found in a wretched condition near Lete of Mustang district. ', 'content' => '<p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"Arial Unicode MS","sans-serif"">May 30: A twin-otter plane of Tara Air that went out of contact sine Sunday morning while flying to Jomsom from Pokhara has been found in a wretched condition at the bottom of Manapathi mountain near Lete of Mustang district. </span></span></span></p> <p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"Arial Unicode MS","sans-serif"">According to the state-owned national news agency RSS, the plane with 22 people on board including three crew members was found at Patake Lake in Sanosora of Thasang Rural Municipality, ward-2 of Mustang this morning (May 30). </span></span></span></p> <p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"Arial Unicode MS","sans-serif"">Chairperson of Thasang Rural Municipality Pradeep Gauchan told RSS that Sumit Gauchan, a local of Lete, and other yarsa gumba pickers had sent a photo showing wretched condition of the crashed plane. </span></span></span></p> <p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"Arial Unicode MS","sans-serif"">However, the government is yet to confirm this officially. After plane parts were seen broken at the bottom of Manapathi Mountain from a distant area, the security personnel and locals had set out to the direction early this morning, chairperson Gauchan added. </span></span></span></p> <p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"Arial Unicode MS","sans-serif"">Meanwhile, Nepalese Army Spokesperson Brigadier General Narayan Silwal posted a photo of the crash site taken from a helicopter on Twitter on Monday morning confirming that the plane had crashed. </span></span></span></p> <p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"Arial Unicode MS","sans-serif"">The Army spokesperson confirmed Sanosware of Thasang-2, Mustang as the crash site through his official Twitter handle. </span></span></span></p> <p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"Arial Unicode MS","sans-serif"">The airline company said in a statement on Monday that the wreckage of the missing plane waas found at an altitude of 14,500 feet. According to the company, the search and rescue teams have now reached the accident site. The company did not announce the fate of the passengers and crew members who are believed to have died in the crash.</span></span></span></p> <p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"Arial Unicode MS","sans-serif"">The plane was carrying 19 passengers including four Indians, two Germans ,13 Nepalis and three crew members.</span></span></span></p> <p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"Arial Unicode MS","sans-serif"">The plane that flew from Pokhara to Jomsom at 9:55 on Sunday morning went out of contact after 10:11 am. </span></span></span></p> <p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"Arial Unicode MS","sans-serif"">According to media reports, the aircraft with call sign 9N-AET has been in operation since the last 43 years. </span></span></span></p> <p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"Arial Unicode MS","sans-serif"">Flight-tracking website Flightradar24 said the aircraft, with registration number 9N-AET, made its first flight in April 1979, Reuters reported.</span></span></span></p> <p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"Arial Unicode MS","sans-serif"">“Nepal, home to eight of the world's 14 highest mountains, including Everest, has a record of air accidents. Its weather can change suddenly and airstrips are typically located in mountainous areas that are hard to reach,” the news agency further reported.</span></span></span></p> <p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"Arial Unicode MS","sans-serif"">Besides the terrain and adverse weather, experts have often blamed the poor condition of aircraft as one of the major causes of air crashes. However, it is said that the reports prepared after investigation following such accidents often blame human error as the cause of accident.</span></span></span></p> ', 'published' => true, 'created' => '2022-05-30', 'modified' => '2022-05-30', 'keywords' => '', 'description' => '', 'sortorder' => '15107', 'image' => '20220530102717_tara.jpg', 'article_date' => '2022-05-30 10:25:34', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '34' ) ), (int) 5 => array( 'Article' => array( 'id' => '15364', 'article_category_id' => '1', 'title' => 'Government Unveils Annual Budget of Rs 1.79 Trillion for FY 2022/23', 'sub_title' => 'Current expenditure of the government accounts for 42 percent of the total budget', 'summary' => 'May 30: The government has announced a new budget of Rs 1793.83 billion for the upcoming fiscal year (FY 2022/023).', 'content' => '<p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"Arial Unicode MS","sans-serif"">May 30: The government has announced a new budget of Rs 1793.83 billion for the upcoming fiscal year (FY 2022/023). </span></span></span></p> <p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"Arial Unicode MS","sans-serif"">Presenting the annual budget during a meeting of the Federal Parliament on Sunday (May 29), Finance Minister Janardan Sharma said Rs 753.4 billion has been allocated for the current expenditure and Rs 380.38 billion for the capital expenditure. </span></span></span></p> <p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"Arial Unicode MS","sans-serif"">The current expenditure of the government accounts for 42 percent of the total budget while the capital expenditure is 21.2 percent of the budget.</span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">Likewise, Rs 230.22 billion has been allocated for the fiscal management which is 12.8 percent of the total budget, the finance minister said.</span></span></span></p> <p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"Arial Unicode MS","sans-serif"">A total of Rs 429.83 billion or 24 percent of the budget has been arranged for fiscal grant handover to the provincial and local governments. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">According to the Finance Minister, Rs 1240.11 billion would be raised through revenue collection while the government is expecting to receive Rs 55.46 billion as foreign grants. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">Likewise, the government plans to collect Rs 242.26 billion from foreign loans and Rs 256 billion would be managed from the domestic debt. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">The government had announced a budget of Rs 1647.57 billion for the current fiscal year. (With inputs from RSS) </span></span></span><br /> </p> ', 'published' => true, 'created' => '2022-05-30', 'modified' => '2022-05-30', 'keywords' => '', 'description' => '', 'sortorder' => '15106', 'image' => '20220530081206_ROS_KTM_IMGL4220.jpg', 'article_date' => '2022-05-30 08:11:24', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '34' ) ), (int) 6 => array( 'Article' => array( 'id' => '15363', 'article_category_id' => '1', 'title' => 'Private Sector Welcomes Budget', 'sub_title' => '', 'summary' => 'May 30: The private sector has welcomed with the budget announced by the government on Sunday. ', 'content' => '<p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"Arial Unicode MS","sans-serif"">May 30: The private sector has welcomed with the budget announced by the government on Sunday. The businesspersons and entrepreneurs have urged the government to effectively implement the budget which they claim is 'encouraging'. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">President of the Federation of Nepalese Chambers of Commerce and Industries (FNCCI) Sekhar Golchha said various issues were incorporated in the budget and it was encouraging. He observed that subsidy in export, focus on production and due address on agriculture sector are positive sides of the budget. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">Similarly, Chairperson of Nepal Chamber of Commerce (NCC) Rajendra Malla also hailed the budget and stressed that the government must implement it effectively. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">Chairperson of the Confederation of Nepalese Industries (CNI) Bishnu Kumar Agrawal said promotion of manufacturing industries, review of land ceiling for industries, grant in export and discount on electricity tariff to export industries were encouraging. </span></span></span><br /> </p> ', 'published' => true, 'created' => '2022-05-30', 'modified' => '2022-05-30', 'keywords' => '', 'description' => '', 'sortorder' => '15105', 'image' => '20220530081122_fncci_cni_ncc_gLJ2hpzNGC.jpg', 'article_date' => '2022-05-30 08:10:39', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => null, 'user_id' => '34' ) ), (int) 7 => array( 'Article' => array( 'id' => '15362', 'article_category_id' => '1', 'title' => 'Finance Minister Pledges Paradigm Shift through Budget ', 'sub_title' => '', 'summary' => 'May 29: Finance Minister Janardan Sharma has said the budget for the upcoming fiscal year (FY 2022-23) is a take-off point towards production-oriented economy from an import-based one. ', 'content' => '<p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"Arial Unicode MS","sans-serif"">May 29: Finance Minister Janardan Sharma has said the budget for the upcoming fiscal year (FY 2022-23) is a take-off point towards production-oriented economy from an import-based one. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">While announcing the budget in the joint session of the Federal Parliament on Sunday, the Finance Minister said the nation's economy was on the path of recovery after COVID-19 crisis and the revenue collection in the current fiscal year was satisfactory. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">According to the finance minister, poverty alleviation and maximum utilization of available natural assets and capital mobilization to create jobs are the priorities of the budget that focused on promoting production-based economy.</span></span></span></p> <p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"Arial Unicode MS","sans-serif"">“Agriculture, tourism, industry and energy are the special priorities of the budget,” said Minister Sharma. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">Through the budget, the government targets to minimize the imports of grains such as rice, maize and wheat by 30 percent. In addition to this, it plans to establish 100 food warehouses across the country and implement the ‘farmers’ pension programme’. The government has decided to allocate the budget of Rs 1 billion for the seed capital under this programme. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">Enhancement of fiscal discipline, transformation of agricultural sector, innovation-based economic development, recovery of tourism sector, promotion of hydropower sector and effective administrative service are other commitments of the budget. -- RSS </span></span></span></p> ', 'published' => true, 'created' => '2022-05-29', 'modified' => '2022-05-29', 'keywords' => '', 'description' => '', 'sortorder' => '15104', 'image' => '20220529071133_budget new.jpg', 'article_date' => '2022-05-29 19:10:54', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => null, 'user_id' => '34' ) ), (int) 8 => array( 'Article' => array( 'id' => '15361', 'article_category_id' => '1', 'title' => 'Senior Citizens to Receive Old-Age Allowance at 68 Years ', 'sub_title' => '', 'summary' => 'May 29: The government has decided to provide old-age allowance under its social security programme from senior citizens of 68 years of age from the new fiscal year. ', 'content' => '<p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"Arial Unicode MS","sans-serif"">May 29: The government has decided to provide old-age allowance under its social security programme from senior citizens of 68 years of age from the new fiscal year. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">According to the announcement made by Finance Minister Janardan Sharma while presenting the budget in a joint session of the parliament on Sunday, the provision of old age allowance has been amended to lower the age bar for the recipients. From now onwards, elderly citizens shall receive old-age allowance at 68 years instead of 70 years.</span></span></span></p> <p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"Arial Unicode MS","sans-serif"">The elderly citizens have been receiving monthly allowance of Rs 4,000 under the social security programme. </span></span></span></p> ', 'published' => true, 'created' => '2022-05-29', 'modified' => '2022-05-29', 'keywords' => '', 'description' => '', 'sortorder' => '15103', 'image' => '20220529070534_The-old-age-allowance.jpg', 'article_date' => '2022-05-29 19:04:34', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => null, 'user_id' => '34' ) ), (int) 9 => array( 'Article' => array( 'id' => '15360', 'article_category_id' => '1', 'title' => 'Government Allocates Rs 69.38 Billion for Health Sector ', 'sub_title' => '', 'summary' => 'May 29: The government has allocated Rs 69.38 billion budget for the health sector in the upcoming fiscal year.', 'content' => '<p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"Arial Unicode MS","sans-serif"">May 29: The government has allocated Rs 69.38 billion budget for the health sector in the upcoming fiscal year.</span></span></span></p> <p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"Arial Unicode MS","sans-serif"">Minister for Finance Janadran Sharma made such announcement while presenting the budget for the Fiscal Year 2022/23 in parliament on Sunday.</span></span></span></p> <p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"Arial Unicode MS","sans-serif"">The budget allocated for health sector in the upcoming fiscal year is less that the budget allocated in the current fiscal year by Rs 52 billion.</span></span></span></p> <p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"Arial Unicode MS","sans-serif"">Last year, the government had announced a budget of Rs 122 billion for the health sector for FY 2021/22 with focus on prevention and control of Covid-19 pandemic.</span></span></span></p> <p><br /> </p> ', 'published' => true, 'created' => '2022-05-29', 'modified' => '2022-05-29', 'keywords' => '', 'description' => '', 'sortorder' => '15102', 'image' => '20220529065428_585a7633ac880_reforma_zdravoohraneniya_2016_1200-9976.jpg', 'article_date' => '2022-05-29 18:53:45', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => null, 'user_id' => '34' ) ), (int) 10 => array( 'Article' => array( 'id' => '15359', 'article_category_id' => '1', 'title' => 'Government Increases Budget for Agriculture by Rs 10 Billion', 'sub_title' => '', 'summary' => 'May 29: The government has increased the budget for agriculture and livestock development in upcoming fiscal year by Rs 10 billion.', 'content' => '<p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif""><span style="font-size:16.0pt"><span style="font-family:"Arial","sans-serif"">May 29: The government has increased the budget for agriculture and livestock development in upcoming fiscal year by Rs 10 billion.</span></span></span></span></p> <p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif""><span style="font-size:16.0pt"><span style="font-family:"Arial","sans-serif"">As per the announcement made by Finance Minister Janardan Sharman while presenting the budget for the upcoming fiscal year in parliament on Sunday, the government has allocated a total of Rs 55.97 billion for this sector.</span></span></span></span></p> <p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif""><span style="font-size:16.0pt"><span style="font-family:"Arial","sans-serif"">The budget allocated for the agriculture and livestock sector in the current fiscal year is Rs 45.9 billion. </span></span></span></span></p> <p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif""><span style="font-size:16.0pt"><span style="font-family:"Arial","sans-serif"">The government had earlier made public its policies and programmess for the upcoming fiscal year with the aim of developing the agricultural sector, reviving the troubled economy and expanding the physical infrastructure.</span></span></span></span></p> <p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif""><span style="font-size:16.0pt"><span style="font-family:"Arial","sans-serif"">In order to achieve economic growth and sustainability through the combination of fiscal and monetary policies, the government has outlined agriculture, transport, energy, tourism and information technology as the drivers of economic growth. </span></span></span></span></p> <p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif""><span style="font-size:16.0pt"><span style="font-family:"Arial","sans-serif"">The government had also announced to formulate a new national agricultural policy for developing this sector as a major driving force.</span></span></span></span></p> ', 'published' => true, 'created' => '2022-05-29', 'modified' => '2022-05-29', 'keywords' => '', 'description' => '', 'sortorder' => '15101', 'image' => '20220529063444_agri maize.jpg', 'article_date' => '2022-05-29 18:33:35', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '34' ) ), (int) 11 => array( 'Article' => array( 'id' => '15358', 'article_category_id' => '1', 'title' => 'Government Announces Free Kidney Transplant Service', 'sub_title' => '', 'summary' => 'May 29: The government has announced free-of-cost kidney transplant facility for patients suffering from kidney failure.', 'content' => '<p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif""><span style="font-size:15.0pt"><span style="font-family:"Arial","sans-serif"">May 29: The government has announced free-of-cost kidney transplant facility for patients suffering from kidney failure.</span></span></span></span></p> <p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif""><span style="font-size:15.0pt"><span style="font-family:"Arial","sans-serif"">Finance Minister Janardan Sharma made the announcement while presenting the budget for the upcoming fiscal year in parliament on Sunday. </span></span></span></span></p> <p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif""><span style="font-size:15.0pt"><span style="font-family:"Arial","sans-serif"">The government has also allocated Rs 200 million for all provincial hospitals to purchase dialysis machine. </span></span></span></span></p> <p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif""><span style="font-size:15.0pt"><span style="font-family:"Arial","sans-serif"">According to the finance minister, the government has allocated Rs 100 million to provide free-of-cost kidney transplant service for people from backward communities.</span></span></span></span></p> <p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif""><span style="font-size:15.0pt"><span style="font-family:"Arial","sans-serif"">It may be noted that former Health Minister Gagan Thapa had made arrangements for free dialysis during his tenure some years ago. Patients undergoing dialysis have to pay only a nominal fee for the service at government-run hospitals.</span></span></span></span></p> ', 'published' => true, 'created' => '2022-05-29', 'modified' => '2022-05-29', 'keywords' => '', 'description' => '', 'sortorder' => '15100', 'image' => '20220529053044_hospitaly-healthy.jpg', 'article_date' => '2022-05-29 17:30:07', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => null, 'user_id' => '34' ) ), (int) 12 => array( 'Article' => array( 'id' => '15357', 'article_category_id' => '1', 'title' => 'Government Allocates Rs 9.38 Billion for Tourism Sector', 'sub_title' => '', 'summary' => 'May 29: The government has allocated Rs 9.38 billion for the tourism sector in the budget for the upcoming fiscal year.', 'content' => '<p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif""><span style="font-size:15.0pt"><span style="font-family:"Arial","sans-serif"">May 29: The government has allocated Rs 9.38 billion for the tourism sector in the budget for the upcoming fiscal year.</span></span></span></span></p> <p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif""><span style="font-size:15.0pt"><span style="font-family:"Arial","sans-serif"">Finance Minister Janardan Sharma made such announcement while presenting the budget in the federal parliament on Sunday.</span></span></span></span></p> <p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif""><span style="font-size:15.0pt"><span style="font-family:"Arial","sans-serif"">The constitution has a provision for announcing budget every year on the Republic Day (May 29) one and a half months before the new fiscal year.</span></span></span></span></p> <p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif""><span style="font-size:15.0pt"><span style="font-family:"Arial","sans-serif"">It may be noted that the tourism sector was the most affected by the Covid-19 pandemic for almost two years. Lately, this sector had shown some improvements with the increase in arrival of tourists.</span></span></span></span></p> <p> </p> <p> </p> ', 'published' => true, 'created' => '2022-05-29', 'modified' => '2022-05-29', 'keywords' => '', 'description' => '', 'sortorder' => '15099', 'image' => '20220529052058_Tourist.jpg', 'article_date' => '2022-05-29 17:20:21', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => null, 'user_id' => '34' ) ), (int) 13 => array( 'Article' => array( 'id' => '15356', 'article_category_id' => '1', 'title' => 'Government to Honour Private Sector for Attracting Foreign Investment', 'sub_title' => '', 'summary' => 'May 29: The government has pledged to honour the private sector stakeholders who facilitate in bringing foreign investment into the country.', 'content' => '<p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif""><span style="font-size:15.0pt"><span style="font-family:"Arial","sans-serif"">May 29: The government has pledged to honour the private sector stakeholders who facilitate in bringing foreign investment into the country.</span></span></span></span></p> <p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif""><span style="font-size:15.0pt"><span style="font-family:"Arial","sans-serif"">Minister for Finance Janardan Sharma made such announcement while presenting the budget for the upcoming fiscal year during a joint session of parliament on Sunday. </span></span></span></span></p> <p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif""><span style="font-size:15.0pt"><span style="font-family:"Arial","sans-serif"">The said that the government announced such provision to encourage foreign investment. </span></span></span></span></p> <p> </p> ', 'published' => true, 'created' => '2022-05-29', 'modified' => '2022-05-29', 'keywords' => '', 'description' => '', 'sortorder' => '15098', 'image' => '20220529051410_Foreign investment.jpg', 'article_date' => '2022-05-29 17:13:29', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => null, 'user_id' => '34' ) ), (int) 14 => array( 'Article' => array( 'id' => '15355', 'article_category_id' => '1', 'title' => 'Government Presents Budget in Parliament ', 'sub_title' => '', 'summary' => 'May 29: The government’s estimate of income and expenditure for the upcoming fiscal year 2079-80 BS (2022-23) has been presented in the House. ', 'content' => '<p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"Arial Unicode MS","sans-serif"">May 29: The government’s estimate of income and expenditure for the upcoming fiscal year 2079-80 BS (2022-23) has been presented in the House. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">Minister for Finance Janardan Sharma is now presenting the budget before a joint session of the Federal Parliament. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">Prior to this, Speaker Agni Prasad Sapkota granted permission to the Minister to present the budget before the House that at 4:00 pm today. The budget was endorsed by the Council of Minister before its presentation in the House. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">It may be noted that President Bidya Devi Bhandari had presented the government’s new policies and programmes for the upcoming fiscal year in the joint session of the House on May 24 and they were passed by the House of Representatives on Saturday. </span></span></span></p> <p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"Arial Unicode MS","sans-serif"">The government generally announces the budget based on its policies and programmes for the given time. The government had also unveiled the Economic Survey on Saturday. -- RSS </span></span></span></p> ', 'published' => true, 'created' => '2022-05-29', 'modified' => '2022-05-29', 'keywords' => '', 'description' => '', 'sortorder' => '15097', 'image' => '20220529045445_ROS_4306.JPG', 'article_date' => '2022-05-29 16:54:06', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => null, 'user_id' => '34' ) ) ) $current_user = null $logged_in = false $xml = falseinclude - APP/View/Elements/side_bar.ctp, line 133 View::_evaluate() - CORE/Cake/View/View.php, line 971 View::_render() - CORE/Cake/View/View.php, line 933 View::_renderElement() - CORE/Cake/View/View.php, line 1224 View::element() - CORE/Cake/View/View.php, line 418 include - APP/View/Articles/index.ctp, line 157 View::_evaluate() - CORE/Cake/View/View.php, line 971 View::_render() - CORE/Cake/View/View.php, line 933 View::render() - CORE/Cake/View/View.php, line 473 Controller::render() - CORE/Cake/Controller/Controller.php, line 968 Dispatcher::_invoke() - CORE/Cake/Routing/Dispatcher.php, line 200 Dispatcher::dispatch() - CORE/Cake/Routing/Dispatcher.php, line 167 [main] - APP/webroot/index.php, line 117
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$viewFile = '/var/www/html/newbusinessage.com/app/View/Elements/side_bar.ctp' $dataForView = array( 'articles' => array( (int) 0 => array( 'Article' => array( [maximum depth reached] ) ), (int) 1 => array( 'Article' => array( [maximum depth reached] ) ), (int) 2 => array( 'Article' => array( [maximum depth reached] ) ), (int) 3 => array( 'Article' => array( [maximum depth reached] ) ), (int) 4 => array( 'Article' => array( [maximum depth reached] ) ), (int) 5 => array( 'Article' => array( [maximum depth reached] ) ), (int) 6 => array( 'Article' => array( [maximum depth reached] ) ), (int) 7 => array( 'Article' => array( [maximum depth reached] ) ), (int) 8 => array( 'Article' => array( [maximum depth reached] ) ), (int) 9 => array( 'Article' => array( [maximum depth reached] ) ), (int) 10 => array( 'Article' => array( [maximum depth reached] ) ), (int) 11 => array( 'Article' => array( [maximum depth reached] ) ), (int) 12 => array( 'Article' => array( [maximum depth reached] ) ), (int) 13 => array( 'Article' => array( [maximum depth reached] ) ), (int) 14 => array( 'Article' => array( [maximum depth reached] ) ) ), 'current_user' => null, 'logged_in' => false ) $articles = array( (int) 0 => array( 'Article' => array( 'id' => '15369', 'article_category_id' => '1', 'title' => 'Education Sector Receives Rs 16 Billion more Budget for FY 2022/23', 'sub_title' => '', 'summary' => 'May 30: The government has allocated Rs 16 billion more budget for the education sector in the upcoming fiscal year as compared to the current fiscal year. ', 'content' => '<p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"Arial Unicode MS","sans-serif"">May 30: The government has allocated Rs 16 billion more budget for the education sector in the upcoming fiscal year as compared to the current fiscal year. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">Tabling the budget during a joint session of parliament on Sunday, Finance Minister Janardan Sharma said that a budget of Rs 196 billion has been allocated for the Ministry of Education in the upcoming fiscal year. The budget has been provided for the ministry, and the province and local levels under the ministry. Categorically, the ministry has received a budget of Rs 70 billion while the and local levels have been allocated Rs 5.32 billion and Rs 121 billion respectively. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">The budget has linked education to labour, employment and production. Development of quality and productive human resources, continuation of school sector reform programme, increase in youth literacy rate, increase in gross school enrollment, creation of environment to guarantee vocational knowledge and skill are some of the key features under the education sector. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">The present scheme of day meal up to Grade 5 would be expanded up to Grade 7, the finance minister said. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">Similarly, restructuring of CTEVT is also on the cards. According to the finance minister, Rs 8.30 billion has been allocated to hand over technical knowledge to the local levels. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif""> The government has also decided to facilitate visa processing for foreign students aspiring to acquire higher education in Nepal. Internet service would be provided at half the tariff to community schools for the expansion of information technology. -- RSS </span><br /> </span></span></p> ', 'published' => true, 'created' => '2022-05-30', 'modified' => '2022-05-30', 'keywords' => '', 'description' => '', 'sortorder' => '15111', 'image' => '20220530033850_education-icon-graduation-hat-vector-2498629.jpg', 'article_date' => '2022-05-30 15:38:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => null, 'user_id' => '34' ) ), (int) 1 => array( 'Article' => array( 'id' => '15368', 'article_category_id' => '1', 'title' => 'Budget gives High Priority to Agriculture Sector ', 'sub_title' => '', 'summary' => 'May 30: The government has increased the budget for the agriculture sector for the upcoming fiscal year to make the country self-reliant in agriculture. ', 'content' => '<p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif"">May 30: The government has increased the budget for the agriculture sector for the upcoming fiscal year to make the country self-reliant in agriculture. The government has announced a national campaign for agricultural production for self-reliance in Fiscal Year 2022/23 with the objective of discouraging increasing imports of agricultural produce. </span></span></p> <p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif"">The government has allocated a total budget of Rs 55.97 billion for the agriculture sector, which is Rs 10 billion more than the budget of this sector in the current fiscal year. The government had allocated Rs 45.09 billion for agriculture and livestock development in the current fiscal year. </span></span></p> <p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif"">The government plans to increase agricultural production by linking the farmers with agricultural cooperative groups and cooperatives and using the available cultivable land as well as barren land. The government will emphasize increasing productivity through commercialization, modernization and mechanization of this sector. For the effective implementation of the program, a high level mechanism comprising line ministers will be formed under the coordination of the prime minister. </span></span></p> <p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif"">In the budget of the upcoming fiscal year, the government has set a target to deliver the required agricultural loan at the doorsteps of the farmers by setting up a microfinance fund of Rs 500 billion. Moreover, arrangements have been made for the banks and financial institutions to invest the fund mandatorily in the deprived sector and in the agricultural sector. The government will also make arrangements for the Citizen’s Investment Trust, Employees’ Provident Fund and Social Security Fund to invest a certain amount in this fund. </span></span></p> <p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif"">The 'Prime Minister's Nepali Production and Consumption Growth Program' will be launched through the budget for which Rs 3.45 billion has been allocated. Earlier, the government had launched the Prime Minister's Agriculture Modernization Project in 2073. This year, the government has allocated Rs 5.90 billion for this project. </span></span></p> <p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif"">Reviewing the agriculture budget announced by the government on Sunday, Uddhav Adhikari, coordinator of the Agriculture Campaign for Food, said that the government has succeeded in bringing a budget that is liked by all. While the risk of food security is increasing worldwide, he said that the government has been able to bring the budget with the focus on agriculture, which is a matter of happiness. “Looking at the budget of the last 8 to 10 years, the budget for the agriculture sector this year should be considered positive,” he said. </span></span></p> <p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif"">At a time when the number of youths have looked down upon the profession of agriculture and have opted to go abroad, the government has brought a programme to attract the youths as well. </span></span></p> <p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif"">Under this programme, the government plans to set up a farmers' welfare fund to start a contribution-based farmer's pension scheme. It is mentioned in the budget that the government will deposit 10 percent of the amount contributed by the farmers in the fund every month. An initial budget of Rs 1 billion has been allocated for the establishment of the fund. </span></span></p> <p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif"">Former Chairman of the National Farmers Commission Chitra Bahadur Shrestha said that although the overall budget of agriculture is reasonable, the budget allocated by the government for the supply of chemical fertilizers for the upcoming fiscal year may be insufficient. Furthermore, he also said that the implementation of the budget is challenging. </span></span></p> <p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif"">The government is planning to set up a chemical fertilizer factory using green hydrogen and green ammonia technology through the Investment Board. Although the government's plan to open a fertilizer factory has been mentioned in previous budgets, it has never been implemented. </span></span></p> <p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif"">The government has allocated Rs 15 billion for the supply of chemical fertilizers in the upcoming fiscal year. In the current fiscal year, the government had allocated Rs 12 billion. The government had added Rs 3 billion after the budget was insufficient to procure the required fertilizer. </span></span></p> <p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif"">The budget also has provision to fix the minimum support price of agricultural products including paddy, wheat, maize and milk. The products will be procured through government companies and if there is any difference between the support price and purchase price, research will be done. Similarly, Rs 450 million has been allocated for the construction of 100 warehouses across the country for storage of main food crops including paddy. </span></span></p> <p> </p> ', 'published' => true, 'created' => '2022-05-30', 'modified' => '2022-05-30', 'keywords' => '', 'description' => '', 'sortorder' => '15110', 'image' => '20220530020533_Agri.jpg', 'article_date' => '2022-05-30 14:04:55', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => null, 'user_id' => '34' ) ), (int) 2 => array( 'Article' => array( 'id' => '15367', 'article_category_id' => '1', 'title' => 'Infrastructure Development and Education get Largest Chunks of Budget', 'sub_title' => '', 'summary' => 'May 30: The government has unveiled a budget of Rs 1793.83 billion for the upcoming fiscal year. ', 'content' => '<p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"Arial Unicode MS","sans-serif"">May 30: The government has unveiled a budget of Rs 1793.83 billion for the upcoming fiscal year. The government has allocated Rs 753.4 billion for the current expenditure, which accounts for 42 percent of the total budget while Rs 380.38 billion or 21.2 percent of the budget has been allocated for the capital expenditure. </span></span></span></p> <p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"Arial Unicode MS","sans-serif"">Among different sectors that have been allocated budget, the highest share of budget has been earmarked for physical infrastructure and education sectors.</span></span></span></p> <p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"Arial Unicode MS","sans-serif"">Presenting the budget in a joint session of parliament on Sunday, Finance Minister Janardan Sharma announced that the government has allocated a budget of Rs 161.56 billion for the Ministry of Physical Infrastructures and Transport.</span></span></span></p> <p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"Arial Unicode MS","sans-serif"">The education sector has been allocated a total budget of Rs 196 billion including Rs 70.5 billion for the Ministry of Education, Science and Technology, Rs 5.32 billion for education at provincial level and Rs 121 billion for local level. </span></span></span></p> <p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"Arial Unicode MS","sans-serif"">Similarly, the Ministry of Agriculture and Livestock Development has been allocated a budget of Rs 55.97. </span></span></span></p> <p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"Arial Unicode MS","sans-serif"">According to the finance minister, a budget of Rs 10.48 million budget has been allocated for the Ministry of Industry, Commerce and Supplies for the upcoming fiscal year. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">The government has allocated Rs 9.38 billion for the tourism sector and Rs 12.24 billion for the development of aviation infrastructure. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">Finance Minister Sharma said Rs 7.4 billion has been allocated for the Ministry of Land Management, Cooperatives and Poverty Alleviation. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">Similarly, Rs 13 billion has been allocated for the Ministry of Forest and Environment, while the Prime Minister Employment Programme (PMEP) has received a budget of Rs 7.5 billion. </span></span></span></p> <p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"Arial Unicode MS","sans-serif"">The Ministry of Labour, Employment and Social Security has been allocated Rs 9.13 billion while the Ministry of Health and Population has received Rs 69.38 billion. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">Similarly, Rs 37.73 billion has been allocated for the Ministry of Urban Development; Rs 2.9 billion for the Ministry of Youth and Sports; Rs 1.77 billion for the Ministry of Women, Children and Senior Citizens; Rs 8.59 billion for the Ministry of Communications and Information Technology; and Rs 25.3 billion for the Ministry of Federal Affairs and General Administration. </span></span></span><br /> </p> <p> </p> <p> </p> <p> </p> <p> </p> <p> </p> <p> </p> ', 'published' => true, 'created' => '2022-05-30', 'modified' => '2022-05-30', 'keywords' => '', 'description' => '', 'sortorder' => '15109', 'image' => '20220530115328_update.jpg', 'article_date' => '2022-05-30 11:49:34', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '34' ) ), (int) 3 => array( 'Article' => array( 'id' => '15366', 'article_category_id' => '1', 'title' => 'Government Plans to Attract 1 Million Tourists in Upcoming Fiscal Year ', 'sub_title' => '', 'summary' => 'May 30: The incumbent government has set a target of attracting one million tourists in the upcoming fiscal year (FY 2022/23).', 'content' => '<p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"Arial Unicode MS","sans-serif"">May 30: The incumbent government has set a target of attracting one million tourists in the upcoming fiscal year (FY 2022/23). The government made such announcement during the joint session of the Federal Parliament while presenting the budget on Sunday. Finance Minister Janardan Sharma announced that the government has allocated a budget of Rs 9 billion for the tourism sector.</span></span></span></p> <p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"Arial Unicode MS","sans-serif""> "Various programmes will be launched and implemented to bring in over 1 million foreign tourists to Nepal," Finance Minister Janardan Sharma said, adding, "The aim is to develop and promote tourism as the basis for income generation and prosperity by marketing Nepal's uniqueness, natural beauty, cultural heritage and civilization in the world tourism market." </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">Furthermore, the government has plans to encourage the new generation to get involved in tourism. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">According to Finance Minister Sharma, the government has allocated Rs 2 billion for reconstruction of earthquake-damaged historical and archeologically important heritage sites and monuments and reconstruction will be carried out within the upcoming fiscal year. </span></span></span></p> <p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"Arial Unicode MS","sans-serif"">Museums, arts and historical monuments would be developed as tourism spots, said the finance minister. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">Similarly, the government has announced exemption of renewal fees and annual license for the hotels and tourism entrepreneurs for the upcoming fiscal year. Minister Sharma informed that hill stations will be built in various places that offer enchanting views of the landscape and also those places that hold significance from religious point of view. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">The government has allocated budget to set up a mountaineering research centre n the Everest region while Rs 330 million has been allocated for construction of the Great Himalayan Trail that stretches in the upper belt of the country from the east to the west. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">The existing path leading up to Everest region will be upgraded, said Minister Sharma.</span></span></span></p> <p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"Arial Unicode MS","sans-serif"">Meanwhile, the government has allocated a budget of Rs 12.2 billion for development of physical infrastructures for the aviation sector, which is believed to aide the tourism business. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">The government also plans to construct a second terminal building at the Tribhuvan International Airport in Kathmandu to help reduce the pressure of inflow of passengers. As per the announcement made by Finance Minister Sharma, Bhairahawa-based Gautam Buddha International Airport and the Pokhara Regional International Airport will be brought into full operation in the upcoming fiscal year. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">--- </span></span></span></p> ', 'published' => true, 'created' => '2022-05-30', 'modified' => '2022-05-30', 'keywords' => '', 'description' => '', 'sortorder' => '15108', 'image' => '20220530105125_Tourist.jpg', 'article_date' => '2022-05-30 10:50:35', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => null, 'user_id' => '34' ) ), (int) 4 => array( 'Article' => array( 'id' => '15365', 'article_category_id' => '1', 'title' => 'Missing Plane found in Ruins Near Manapathi Mountain', 'sub_title' => '', 'summary' => 'May 30: A twin-otter plane of Tara Air that went out of contact sine Sunday morning while flying to Jomsom from Pokhara has been found in a wretched condition near Lete of Mustang district. ', 'content' => '<p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"Arial Unicode MS","sans-serif"">May 30: A twin-otter plane of Tara Air that went out of contact sine Sunday morning while flying to Jomsom from Pokhara has been found in a wretched condition at the bottom of Manapathi mountain near Lete of Mustang district. </span></span></span></p> <p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"Arial Unicode MS","sans-serif"">According to the state-owned national news agency RSS, the plane with 22 people on board including three crew members was found at Patake Lake in Sanosora of Thasang Rural Municipality, ward-2 of Mustang this morning (May 30). </span></span></span></p> <p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"Arial Unicode MS","sans-serif"">Chairperson of Thasang Rural Municipality Pradeep Gauchan told RSS that Sumit Gauchan, a local of Lete, and other yarsa gumba pickers had sent a photo showing wretched condition of the crashed plane. </span></span></span></p> <p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"Arial Unicode MS","sans-serif"">However, the government is yet to confirm this officially. After plane parts were seen broken at the bottom of Manapathi Mountain from a distant area, the security personnel and locals had set out to the direction early this morning, chairperson Gauchan added. </span></span></span></p> <p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"Arial Unicode MS","sans-serif"">Meanwhile, Nepalese Army Spokesperson Brigadier General Narayan Silwal posted a photo of the crash site taken from a helicopter on Twitter on Monday morning confirming that the plane had crashed. </span></span></span></p> <p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"Arial Unicode MS","sans-serif"">The Army spokesperson confirmed Sanosware of Thasang-2, Mustang as the crash site through his official Twitter handle. </span></span></span></p> <p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"Arial Unicode MS","sans-serif"">The airline company said in a statement on Monday that the wreckage of the missing plane waas found at an altitude of 14,500 feet. According to the company, the search and rescue teams have now reached the accident site. The company did not announce the fate of the passengers and crew members who are believed to have died in the crash.</span></span></span></p> <p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"Arial Unicode MS","sans-serif"">The plane was carrying 19 passengers including four Indians, two Germans ,13 Nepalis and three crew members.</span></span></span></p> <p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"Arial Unicode MS","sans-serif"">The plane that flew from Pokhara to Jomsom at 9:55 on Sunday morning went out of contact after 10:11 am. </span></span></span></p> <p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"Arial Unicode MS","sans-serif"">According to media reports, the aircraft with call sign 9N-AET has been in operation since the last 43 years. </span></span></span></p> <p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"Arial Unicode MS","sans-serif"">Flight-tracking website Flightradar24 said the aircraft, with registration number 9N-AET, made its first flight in April 1979, Reuters reported.</span></span></span></p> <p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"Arial Unicode MS","sans-serif"">“Nepal, home to eight of the world's 14 highest mountains, including Everest, has a record of air accidents. Its weather can change suddenly and airstrips are typically located in mountainous areas that are hard to reach,” the news agency further reported.</span></span></span></p> <p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"Arial Unicode MS","sans-serif"">Besides the terrain and adverse weather, experts have often blamed the poor condition of aircraft as one of the major causes of air crashes. However, it is said that the reports prepared after investigation following such accidents often blame human error as the cause of accident.</span></span></span></p> ', 'published' => true, 'created' => '2022-05-30', 'modified' => '2022-05-30', 'keywords' => '', 'description' => '', 'sortorder' => '15107', 'image' => '20220530102717_tara.jpg', 'article_date' => '2022-05-30 10:25:34', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '34' ) ), (int) 5 => array( 'Article' => array( 'id' => '15364', 'article_category_id' => '1', 'title' => 'Government Unveils Annual Budget of Rs 1.79 Trillion for FY 2022/23', 'sub_title' => 'Current expenditure of the government accounts for 42 percent of the total budget', 'summary' => 'May 30: The government has announced a new budget of Rs 1793.83 billion for the upcoming fiscal year (FY 2022/023).', 'content' => '<p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"Arial Unicode MS","sans-serif"">May 30: The government has announced a new budget of Rs 1793.83 billion for the upcoming fiscal year (FY 2022/023). </span></span></span></p> <p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"Arial Unicode MS","sans-serif"">Presenting the annual budget during a meeting of the Federal Parliament on Sunday (May 29), Finance Minister Janardan Sharma said Rs 753.4 billion has been allocated for the current expenditure and Rs 380.38 billion for the capital expenditure. </span></span></span></p> <p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"Arial Unicode MS","sans-serif"">The current expenditure of the government accounts for 42 percent of the total budget while the capital expenditure is 21.2 percent of the budget.</span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">Likewise, Rs 230.22 billion has been allocated for the fiscal management which is 12.8 percent of the total budget, the finance minister said.</span></span></span></p> <p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"Arial Unicode MS","sans-serif"">A total of Rs 429.83 billion or 24 percent of the budget has been arranged for fiscal grant handover to the provincial and local governments. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">According to the Finance Minister, Rs 1240.11 billion would be raised through revenue collection while the government is expecting to receive Rs 55.46 billion as foreign grants. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">Likewise, the government plans to collect Rs 242.26 billion from foreign loans and Rs 256 billion would be managed from the domestic debt. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">The government had announced a budget of Rs 1647.57 billion for the current fiscal year. (With inputs from RSS) </span></span></span><br /> </p> ', 'published' => true, 'created' => '2022-05-30', 'modified' => '2022-05-30', 'keywords' => '', 'description' => '', 'sortorder' => '15106', 'image' => '20220530081206_ROS_KTM_IMGL4220.jpg', 'article_date' => '2022-05-30 08:11:24', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '34' ) ), (int) 6 => array( 'Article' => array( 'id' => '15363', 'article_category_id' => '1', 'title' => 'Private Sector Welcomes Budget', 'sub_title' => '', 'summary' => 'May 30: The private sector has welcomed with the budget announced by the government on Sunday. ', 'content' => '<p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"Arial Unicode MS","sans-serif"">May 30: The private sector has welcomed with the budget announced by the government on Sunday. The businesspersons and entrepreneurs have urged the government to effectively implement the budget which they claim is 'encouraging'. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">President of the Federation of Nepalese Chambers of Commerce and Industries (FNCCI) Sekhar Golchha said various issues were incorporated in the budget and it was encouraging. He observed that subsidy in export, focus on production and due address on agriculture sector are positive sides of the budget. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">Similarly, Chairperson of Nepal Chamber of Commerce (NCC) Rajendra Malla also hailed the budget and stressed that the government must implement it effectively. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">Chairperson of the Confederation of Nepalese Industries (CNI) Bishnu Kumar Agrawal said promotion of manufacturing industries, review of land ceiling for industries, grant in export and discount on electricity tariff to export industries were encouraging. </span></span></span><br /> </p> ', 'published' => true, 'created' => '2022-05-30', 'modified' => '2022-05-30', 'keywords' => '', 'description' => '', 'sortorder' => '15105', 'image' => '20220530081122_fncci_cni_ncc_gLJ2hpzNGC.jpg', 'article_date' => '2022-05-30 08:10:39', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => null, 'user_id' => '34' ) ), (int) 7 => array( 'Article' => array( 'id' => '15362', 'article_category_id' => '1', 'title' => 'Finance Minister Pledges Paradigm Shift through Budget ', 'sub_title' => '', 'summary' => 'May 29: Finance Minister Janardan Sharma has said the budget for the upcoming fiscal year (FY 2022-23) is a take-off point towards production-oriented economy from an import-based one. ', 'content' => '<p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"Arial Unicode MS","sans-serif"">May 29: Finance Minister Janardan Sharma has said the budget for the upcoming fiscal year (FY 2022-23) is a take-off point towards production-oriented economy from an import-based one. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">While announcing the budget in the joint session of the Federal Parliament on Sunday, the Finance Minister said the nation's economy was on the path of recovery after COVID-19 crisis and the revenue collection in the current fiscal year was satisfactory. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">According to the finance minister, poverty alleviation and maximum utilization of available natural assets and capital mobilization to create jobs are the priorities of the budget that focused on promoting production-based economy.</span></span></span></p> <p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"Arial Unicode MS","sans-serif"">“Agriculture, tourism, industry and energy are the special priorities of the budget,” said Minister Sharma. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">Through the budget, the government targets to minimize the imports of grains such as rice, maize and wheat by 30 percent. In addition to this, it plans to establish 100 food warehouses across the country and implement the ‘farmers’ pension programme’. The government has decided to allocate the budget of Rs 1 billion for the seed capital under this programme. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">Enhancement of fiscal discipline, transformation of agricultural sector, innovation-based economic development, recovery of tourism sector, promotion of hydropower sector and effective administrative service are other commitments of the budget. -- RSS </span></span></span></p> ', 'published' => true, 'created' => '2022-05-29', 'modified' => '2022-05-29', 'keywords' => '', 'description' => '', 'sortorder' => '15104', 'image' => '20220529071133_budget new.jpg', 'article_date' => '2022-05-29 19:10:54', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => null, 'user_id' => '34' ) ), (int) 8 => array( 'Article' => array( 'id' => '15361', 'article_category_id' => '1', 'title' => 'Senior Citizens to Receive Old-Age Allowance at 68 Years ', 'sub_title' => '', 'summary' => 'May 29: The government has decided to provide old-age allowance under its social security programme from senior citizens of 68 years of age from the new fiscal year. ', 'content' => '<p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"Arial Unicode MS","sans-serif"">May 29: The government has decided to provide old-age allowance under its social security programme from senior citizens of 68 years of age from the new fiscal year. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">According to the announcement made by Finance Minister Janardan Sharma while presenting the budget in a joint session of the parliament on Sunday, the provision of old age allowance has been amended to lower the age bar for the recipients. From now onwards, elderly citizens shall receive old-age allowance at 68 years instead of 70 years.</span></span></span></p> <p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"Arial Unicode MS","sans-serif"">The elderly citizens have been receiving monthly allowance of Rs 4,000 under the social security programme. </span></span></span></p> ', 'published' => true, 'created' => '2022-05-29', 'modified' => '2022-05-29', 'keywords' => '', 'description' => '', 'sortorder' => '15103', 'image' => '20220529070534_The-old-age-allowance.jpg', 'article_date' => '2022-05-29 19:04:34', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => null, 'user_id' => '34' ) ), (int) 9 => array( 'Article' => array( 'id' => '15360', 'article_category_id' => '1', 'title' => 'Government Allocates Rs 69.38 Billion for Health Sector ', 'sub_title' => '', 'summary' => 'May 29: The government has allocated Rs 69.38 billion budget for the health sector in the upcoming fiscal year.', 'content' => '<p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"Arial Unicode MS","sans-serif"">May 29: The government has allocated Rs 69.38 billion budget for the health sector in the upcoming fiscal year.</span></span></span></p> <p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"Arial Unicode MS","sans-serif"">Minister for Finance Janadran Sharma made such announcement while presenting the budget for the Fiscal Year 2022/23 in parliament on Sunday.</span></span></span></p> <p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"Arial Unicode MS","sans-serif"">The budget allocated for health sector in the upcoming fiscal year is less that the budget allocated in the current fiscal year by Rs 52 billion.</span></span></span></p> <p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"Arial Unicode MS","sans-serif"">Last year, the government had announced a budget of Rs 122 billion for the health sector for FY 2021/22 with focus on prevention and control of Covid-19 pandemic.</span></span></span></p> <p><br /> </p> ', 'published' => true, 'created' => '2022-05-29', 'modified' => '2022-05-29', 'keywords' => '', 'description' => '', 'sortorder' => '15102', 'image' => '20220529065428_585a7633ac880_reforma_zdravoohraneniya_2016_1200-9976.jpg', 'article_date' => '2022-05-29 18:53:45', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => null, 'user_id' => '34' ) ), (int) 10 => array( 'Article' => array( 'id' => '15359', 'article_category_id' => '1', 'title' => 'Government Increases Budget for Agriculture by Rs 10 Billion', 'sub_title' => '', 'summary' => 'May 29: The government has increased the budget for agriculture and livestock development in upcoming fiscal year by Rs 10 billion.', 'content' => '<p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif""><span style="font-size:16.0pt"><span style="font-family:"Arial","sans-serif"">May 29: The government has increased the budget for agriculture and livestock development in upcoming fiscal year by Rs 10 billion.</span></span></span></span></p> <p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif""><span style="font-size:16.0pt"><span style="font-family:"Arial","sans-serif"">As per the announcement made by Finance Minister Janardan Sharman while presenting the budget for the upcoming fiscal year in parliament on Sunday, the government has allocated a total of Rs 55.97 billion for this sector.</span></span></span></span></p> <p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif""><span style="font-size:16.0pt"><span style="font-family:"Arial","sans-serif"">The budget allocated for the agriculture and livestock sector in the current fiscal year is Rs 45.9 billion. </span></span></span></span></p> <p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif""><span style="font-size:16.0pt"><span style="font-family:"Arial","sans-serif"">The government had earlier made public its policies and programmess for the upcoming fiscal year with the aim of developing the agricultural sector, reviving the troubled economy and expanding the physical infrastructure.</span></span></span></span></p> <p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif""><span style="font-size:16.0pt"><span style="font-family:"Arial","sans-serif"">In order to achieve economic growth and sustainability through the combination of fiscal and monetary policies, the government has outlined agriculture, transport, energy, tourism and information technology as the drivers of economic growth. </span></span></span></span></p> <p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif""><span style="font-size:16.0pt"><span style="font-family:"Arial","sans-serif"">The government had also announced to formulate a new national agricultural policy for developing this sector as a major driving force.</span></span></span></span></p> ', 'published' => true, 'created' => '2022-05-29', 'modified' => '2022-05-29', 'keywords' => '', 'description' => '', 'sortorder' => '15101', 'image' => '20220529063444_agri maize.jpg', 'article_date' => '2022-05-29 18:33:35', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '34' ) ), (int) 11 => array( 'Article' => array( 'id' => '15358', 'article_category_id' => '1', 'title' => 'Government Announces Free Kidney Transplant Service', 'sub_title' => '', 'summary' => 'May 29: The government has announced free-of-cost kidney transplant facility for patients suffering from kidney failure.', 'content' => '<p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif""><span style="font-size:15.0pt"><span style="font-family:"Arial","sans-serif"">May 29: The government has announced free-of-cost kidney transplant facility for patients suffering from kidney failure.</span></span></span></span></p> <p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif""><span style="font-size:15.0pt"><span style="font-family:"Arial","sans-serif"">Finance Minister Janardan Sharma made the announcement while presenting the budget for the upcoming fiscal year in parliament on Sunday. </span></span></span></span></p> <p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif""><span style="font-size:15.0pt"><span style="font-family:"Arial","sans-serif"">The government has also allocated Rs 200 million for all provincial hospitals to purchase dialysis machine. </span></span></span></span></p> <p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif""><span style="font-size:15.0pt"><span style="font-family:"Arial","sans-serif"">According to the finance minister, the government has allocated Rs 100 million to provide free-of-cost kidney transplant service for people from backward communities.</span></span></span></span></p> <p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif""><span style="font-size:15.0pt"><span style="font-family:"Arial","sans-serif"">It may be noted that former Health Minister Gagan Thapa had made arrangements for free dialysis during his tenure some years ago. Patients undergoing dialysis have to pay only a nominal fee for the service at government-run hospitals.</span></span></span></span></p> ', 'published' => true, 'created' => '2022-05-29', 'modified' => '2022-05-29', 'keywords' => '', 'description' => '', 'sortorder' => '15100', 'image' => '20220529053044_hospitaly-healthy.jpg', 'article_date' => '2022-05-29 17:30:07', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => null, 'user_id' => '34' ) ), (int) 12 => array( 'Article' => array( 'id' => '15357', 'article_category_id' => '1', 'title' => 'Government Allocates Rs 9.38 Billion for Tourism Sector', 'sub_title' => '', 'summary' => 'May 29: The government has allocated Rs 9.38 billion for the tourism sector in the budget for the upcoming fiscal year.', 'content' => '<p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif""><span style="font-size:15.0pt"><span style="font-family:"Arial","sans-serif"">May 29: The government has allocated Rs 9.38 billion for the tourism sector in the budget for the upcoming fiscal year.</span></span></span></span></p> <p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif""><span style="font-size:15.0pt"><span style="font-family:"Arial","sans-serif"">Finance Minister Janardan Sharma made such announcement while presenting the budget in the federal parliament on Sunday.</span></span></span></span></p> <p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif""><span style="font-size:15.0pt"><span style="font-family:"Arial","sans-serif"">The constitution has a provision for announcing budget every year on the Republic Day (May 29) one and a half months before the new fiscal year.</span></span></span></span></p> <p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif""><span style="font-size:15.0pt"><span style="font-family:"Arial","sans-serif"">It may be noted that the tourism sector was the most affected by the Covid-19 pandemic for almost two years. Lately, this sector had shown some improvements with the increase in arrival of tourists.</span></span></span></span></p> <p> </p> <p> </p> ', 'published' => true, 'created' => '2022-05-29', 'modified' => '2022-05-29', 'keywords' => '', 'description' => '', 'sortorder' => '15099', 'image' => '20220529052058_Tourist.jpg', 'article_date' => '2022-05-29 17:20:21', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => null, 'user_id' => '34' ) ), (int) 13 => array( 'Article' => array( 'id' => '15356', 'article_category_id' => '1', 'title' => 'Government to Honour Private Sector for Attracting Foreign Investment', 'sub_title' => '', 'summary' => 'May 29: The government has pledged to honour the private sector stakeholders who facilitate in bringing foreign investment into the country.', 'content' => '<p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif""><span style="font-size:15.0pt"><span style="font-family:"Arial","sans-serif"">May 29: The government has pledged to honour the private sector stakeholders who facilitate in bringing foreign investment into the country.</span></span></span></span></p> <p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif""><span style="font-size:15.0pt"><span style="font-family:"Arial","sans-serif"">Minister for Finance Janardan Sharma made such announcement while presenting the budget for the upcoming fiscal year during a joint session of parliament on Sunday. </span></span></span></span></p> <p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif""><span style="font-size:15.0pt"><span style="font-family:"Arial","sans-serif"">The said that the government announced such provision to encourage foreign investment. </span></span></span></span></p> <p> </p> ', 'published' => true, 'created' => '2022-05-29', 'modified' => '2022-05-29', 'keywords' => '', 'description' => '', 'sortorder' => '15098', 'image' => '20220529051410_Foreign investment.jpg', 'article_date' => '2022-05-29 17:13:29', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => null, 'user_id' => '34' ) ), (int) 14 => array( 'Article' => array( 'id' => '15355', 'article_category_id' => '1', 'title' => 'Government Presents Budget in Parliament ', 'sub_title' => '', 'summary' => 'May 29: The government’s estimate of income and expenditure for the upcoming fiscal year 2079-80 BS (2022-23) has been presented in the House. ', 'content' => '<p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"Arial Unicode MS","sans-serif"">May 29: The government’s estimate of income and expenditure for the upcoming fiscal year 2079-80 BS (2022-23) has been presented in the House. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">Minister for Finance Janardan Sharma is now presenting the budget before a joint session of the Federal Parliament. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">Prior to this, Speaker Agni Prasad Sapkota granted permission to the Minister to present the budget before the House that at 4:00 pm today. The budget was endorsed by the Council of Minister before its presentation in the House. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">It may be noted that President Bidya Devi Bhandari had presented the government’s new policies and programmes for the upcoming fiscal year in the joint session of the House on May 24 and they were passed by the House of Representatives on Saturday. </span></span></span></p> <p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"Arial Unicode MS","sans-serif"">The government generally announces the budget based on its policies and programmes for the given time. The government had also unveiled the Economic Survey on Saturday. -- RSS </span></span></span></p> ', 'published' => true, 'created' => '2022-05-29', 'modified' => '2022-05-29', 'keywords' => '', 'description' => '', 'sortorder' => '15097', 'image' => '20220529045445_ROS_4306.JPG', 'article_date' => '2022-05-29 16:54:06', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => null, 'user_id' => '34' ) ) ) $current_user = null $logged_in = false $xml = falsesimplexml_load_file - [internal], line ?? include - APP/View/Elements/side_bar.ctp, line 133 View::_evaluate() - CORE/Cake/View/View.php, line 971 View::_render() - CORE/Cake/View/View.php, line 933 View::_renderElement() - CORE/Cake/View/View.php, line 1224 View::element() - CORE/Cake/View/View.php, line 418 include - APP/View/Articles/index.ctp, line 157 View::_evaluate() - CORE/Cake/View/View.php, line 971 View::_render() - CORE/Cake/View/View.php, line 933 View::render() - CORE/Cake/View/View.php, line 473 Controller::render() - CORE/Cake/Controller/Controller.php, line 968 Dispatcher::_invoke() - CORE/Cake/Routing/Dispatcher.php, line 200 Dispatcher::dispatch() - CORE/Cake/Routing/Dispatcher.php, line 167 [main] - APP/webroot/index.php, line 117
Currency | Unit |
Buy | Sell |
U.S. Dollar | 1 | 121.23 | 121.83 |
European Euro | 1 | 131.65 | 132.31 |
UK Pound Sterling | 1 | 142.47 | 143.18 |
Swiss Franc | 1 | 124.29 | 124.90 |
Australian Dollar | 1 | 71.69 | 72.05 |
Canadian Dollar | 1 | 83.90 | 84.32 |
Japanese Yen | 10 | 10.94 | 11.00 |
Chinese Yuan | 1 | 17.17 | 17.26 |
Saudi Arabian Riyal | 1 | 32.27 | 32.43 |
UAE Dirham | 1 | 33.01 | 33.17 |
Malaysian Ringgit | 1 | 27.36 | 27.50 |
South Korean Won | 100 | 9.77 | 9.82 |
Update: 2020-03-25 | Source: Nepal Rastra Bank (NRB)
Fine Gold | 1 tola | 77000.00 |
Tejabi Gold | 1 tola | 76700.00 |
Silver | 1 tola | 720.00 |
Update : 2020-03-25
Source: Federation of Nepal Gold and Silver Dealers' Association
Petrol | 1 Liter | 106.00 |
Diesel | 1 Liter | 95.00 |
Kerosene | 1 Liter | 95.00 |
LP Gas | 1 Cylinder | 1375.00 |
Update : 2020-03-25