KATHMANDU: The government has estimated an economic growth rate of 6 per cent in the upcoming fiscal year and to limit inflation at 5.5 per…
KATHMANDU: The government has estimated an economic growth rate of 6 per cent in the upcoming fiscal year and to limit inflation at 5.5 per…
KATHMANDU: The government has made changes in the tax rates of different goods and commodities through the upcoming fiscal year's budget announced on…
KATHMANDU: The government has announced a budget of Rs 1.86 trillion for the upcoming fiscal year (FY…
KATHMANDU: The government has announced that IT parks will be established in Kathmandu Valley and Butwal.…
KATHMANDU: Finance Minister Barshaman Pun unveiled plans to finalize the investment framework and preparatory work within the next fiscal year to construct the Nijgadh International Airport through a public-private partnership during the budget presentation for the financial year (FY)…
KATHMANDU: A joint meeting of both the houses of the Federal Parliament has started after the government agreed to form a parliamentary probe committee as per the demand of the Nepali Congress, the main opposition party.…
KATHMANDU: The government has allocated Rs 116 billion for social security allowance for the next iscal…
KATHMANDU: The government has allocated Rs 74.5 billion for the development of the energy…
KATHMANDU: The government has allocated a budget of Rs 1.65 billion for subsidy on the premium of agriculture and livestock…
KATHMANDU: The government has allocated a budget of Rs 57.29 billion for the agriculture in the next fiscal…
KATHMANDU: The government has declared the next 10 years as the investment decade in…
KATHMANDU: The government has allocated Rs 2.98 billion for the Prime Minister Agriculture Modernization…
KATHMANDU: The government has set a target of bringing in 1.6 million tourists in the next fiscal…
KATHMANDU: The government is planning to arrange commercial production of marijuana from the next fiscal…
KATHMANDU: A meeting of the National Planning Commission has approved the government's annual development programme and three-year medium-term expenditure…
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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"">KATHMANDU: The government has estimated an economic growth rate of 6 per cent in the upcoming fiscal year and to limit inflation at 5.5 per cent. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">Unveiling the new budget for FY 2024/025 in a joint meeting of the federal parliament on Tuesday, Finance Minister Pun shared the plan of achieving an economic growth rate of 6 per cent adding that the Nepal Rastra Bank would formulate the monetary policy to complement the government in implementing the policies and programmes stated in the budget speech. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">“With the implementation of the budget, economic activities would be expedited and production growth as well as employment generation would result in a sustainable, wide and inclusive economic growth rate,” the finance minister said. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">However, Finance Minister Pun said that economic growth is likely to be limited to 3.9 per cent in the current fiscal year against the target of a 6 per cent growth rate as economic activities could not expand as expected. -- RSS</span></span></span></p> <p> </p> ', 'published' => true, 'created' => '2024-05-29', 'modified' => '2024-05-29', 'keywords' => '', 'description' => '', 'sortorder' => '20844', 'image' => '20240529094456_20240527014844_20240426010045_20220817123841_economic-growth.jpg', 'article_date' => '2024-05-29 09:44:26', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => null, 'user_id' => '34' ) ), (int) 1 => array( 'Article' => array( 'id' => '21116', 'article_category_id' => '1', 'title' => 'Govt Removes VAT Imposed on Potato, Onion and Some Perishable Goods', 'sub_title' => 'Government Changes Tax Rates of Different Goods and Commodities ', 'summary' => 'KATHMANDU: The government has made changes in the tax rates of different goods and commodities through the upcoming fiscal year's budget announced on Tuesday. ', 'content' => '<p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif""><span style="font-size:13.5pt"><span style="font-family:"Arial Unicode MS","sans-serif"">KATHMANDU: The government has made changes in the tax rates of different goods and commodities through the upcoming fiscal year's budget announced on Tuesday. </span></span><br /> <span style="font-size:13.5pt"><span style="font-family:"Arial Unicode MS","sans-serif"">Unveiling the budget, Minister for Finance Barshaman Pun announced the reduction of the import fees and excise duty on the raw materials of drugs, induction stoves, yarn, helmets, incense sticks, sanitary pads and some of the raw materials of other goods to prioritize domestic industries. </span></span><br /> <span style="font-size:13.5pt"><span style="font-family:"Arial Unicode MS","sans-serif"">Likewise, Finance Minister Pun has scrapped the provision of VAT exemption being given to some goods, which, he said is aimed at expanding the base of tax and developing a clean tax system. </span></span><br /> <span style="font-size:13.5pt"><span style="font-family:"Arial Unicode MS","sans-serif"">"I have annulled the VAT imposed on potato, onion, apple and other vegetables and fruits. This shall help promote domestic production," Finance Minister Pun said. </span></span><br /> <span style="font-size:13.5pt"><span style="font-family:"Arial Unicode MS","sans-serif"">Similarly, the excise duty rate imposed on liquor, beer, tobacco and cigarettes has been increased. </span></span><br /> <span style="font-size:13.5pt"><span style="font-family:"Arial Unicode MS","sans-serif"">Furthermore, the existing threshold on mixed transactions of goods and services for registration in VAT has been increased to Rs 3 million. </span></span><br /> <span style="font-size:13.5pt"><span style="font-family:"Arial Unicode MS","sans-serif"">The green tax has been imposed on the import of petroleum products and coal. </span></span><br /> <span style="font-size:13.5pt"><span style="font-family:"Arial Unicode MS","sans-serif"">Likewise, the government has taken the policy to increase import tax and excise duty on some readymade goods for the protection of domestic industries. </span></span><br /> <span style="font-size:13.5pt"><span style="font-family:"Arial Unicode MS","sans-serif"">The income tax imposed on the payment of the interest rate of the banks and financial institutions has been decreased to lure foreign capital. </span></span><br /> <span style="font-size:13.5pt"><span style="font-family:"Arial Unicode MS","sans-serif"">Minister Pun also announced to develop a model of agreement to end the dual tax system to promote foreign investment from different source countries. </span></span><br /> <span style="font-size:13.5pt"><span style="font-family:"Arial Unicode MS","sans-serif"">The information technology-based industries would be given an exemption on the dividend tax if their profits were capitalized. </span></span><br /> <span style="font-size:13.5pt"><span style="font-family:"Arial Unicode MS","sans-serif"">The customs duty of 15 percent being charged for the import of steel milk can for the animal farms and industries producing more than 1,000 litres of milk daily has been reduced to just one percent. -- RSS </span></span></span></span></p> ', 'published' => true, 'created' => '2024-05-29', 'modified' => '2024-05-29', 'keywords' => '', 'description' => '', 'sortorder' => '20843', 'image' => '20240529091953_20240528092857_20240505062922_collage (72).jpg', 'article_date' => '2024-05-29 09:19:01', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => null, 'user_id' => '34' ) ), (int) 2 => array( 'Article' => array( 'id' => '21114', 'article_category_id' => '1', 'title' => 'Finance Minister Unveils Annual Budget of Rs 1.86 Trillion for FY 2024/025 ', 'sub_title' => '', 'summary' => 'KATHMANDU: The government has announced a budget of Rs 1.86 trillion for the upcoming fiscal year (FY 2024/025).', 'content' => '<p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"Arial Unicode MS","sans-serif"">KATHMANDU: The government has announced a budget of Rs 1.86 trillion for the upcoming fiscal year (FY 2024/025). Minister for Finance Barshaman Pun unveiled the budget in a joint meeting of the federal parliament on Tuesday afternoon. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">As per the announcement, the government has allocated Rs 1140.66 billion (61.31 percent) towards current expenditure while Rs 352.35 billion (18.94 percent) has been earmarked towards capital expenditure. Similarly, Rs 367.28 billion has been allocated for fiscal management. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">The size of the upcoming fiscal year's budget is 6.2 percent more than the current fiscal year’s budget while it is 21.56 percent more than the revised estimation of the budget of the current fiscal year. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">The government has allocated Rs 408.87 billion for fiscal transfer to the provinces and local levels. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">The major sources of the budget estimation for the upcoming fiscal year include Rs 1260.3 billion from revenue collection and Rs 52.33 billion from foreign aid and Rs 217.67 billion from foreign loan assistance. Likewise, Rs 330 billion would be collected from internal loans. --RSS </span></span></span><br /> </p> ', 'published' => true, 'created' => '2024-05-28', 'modified' => '2024-05-28', 'keywords' => '', 'description' => '', 'sortorder' => '20841', 'image' => '20240528063039_PRO-KTM-15066A8196copy.jpg', 'article_date' => '2024-05-28 18:30:05', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => null, 'user_id' => '34' ) ), (int) 3 => array( 'Article' => array( 'id' => '21113', 'article_category_id' => '1', 'title' => 'IT Parks in Kathmandu and Butwal', 'sub_title' => '', 'summary' => 'KATHMANDU: The government has announced that IT parks will be established in Kathmandu Valley and Butwal. ', 'content' => '<p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif""><span style="font-size:14.0pt"><span style="font-family:"Cambria","serif"">KATHMANDU: The government has announced that IT parks will be established in Kathmandu Valley and Butwal. Presenting FY 2024/25 federal budget at the parliament, Finance Minister Barshaman Pun made such announcement. These parks, according to Pun, will be equipped with essential amenities such as high-speed internet, reliable electricity, and robust security infrastructure.</span></span></span></span></p> <p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif""><span style="font-size:14.0pt"><span style="font-family:"Cambria","serif"">To encourage the growth of the domestic IT sector, the government has pledged to offer complimentary access to the park's facilities for a period of three years.</span></span></span></span></p> <p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif""><span style="font-size:14.0pt"><span style="font-family:"Cambria","serif"">The government has also said that it has included a provision mandating government agencies to prioritize the utilization of domestically produced software. Furthermore, internships in the IT industry will be facilitated for undergraduate and postgraduate students studying information technology subjects, aiming to bridge the gap between academia and industry.</span></span></span></span></p> <p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif""><span style="font-size:14.0pt"><span style="font-family:"Cambria","serif"">In a bid to position Nepal as a prominent hub for information technology, Finance Minister Pun has set a target for the IT industry to achieve Rs 30 trillion in exports over the next decade.</span></span></span></span></p> <p> </p> ', 'published' => true, 'created' => '2024-05-28', 'modified' => '2024-05-28', 'keywords' => '', 'description' => '', 'sortorder' => '20840', 'image' => '20240528054528_20230907105804_internet.jpg', 'article_date' => '2024-05-28 17:45:06', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => null, 'user_id' => '34' ) ), (int) 4 => array( 'Article' => array( 'id' => '21112', 'article_category_id' => '1', 'title' => 'Investment framework of Nijgadh International Airport to be finalized in next FY', 'sub_title' => '', 'summary' => 'KATHMANDU: Finance Minister Barshaman Pun unveiled plans to finalize the investment framework and preparatory work within the next fiscal year to construct the Nijgadh International Airport through a public-private partnership during the budget presentation for the financial year (FY) 2024/25.', 'content' => '<p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif""><span style="font-size:14.0pt"><span style="font-family:"Cambria","serif"">KATHMANDU: Finance Minister Barshaman Pun unveiled plans to finalize the investment framework and preparatory work within the next fiscal year to construct the Nijgadh International Airport through a public-private partnership during the budget presentation for the financial year (FY) 2024/25.</span></span></span></span></p> <p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif""><span style="font-size:14.0pt"><span style="font-family:"Cambria","serif"">Furthermore, Minister Pun announced in the budget that the construction of the second terminal building of Tribhuvan International Airport will commence. Additionally, it was stated that the Bharatpur Airport will be completed within the upcoming fiscal year, with an allocation of Rs 360 million for this purpose. Moreover, upgrades for airports in Surkhet, Rolpa Barichaur, Dang Tarigaon, Jumla, Dhangadhi, and Nepalgunj have been announced, with a total allocation of Rs 3.77 billion for civil aviation sector.</span></span></span></span></p> <p> </p> ', 'published' => true, 'created' => '2024-05-28', 'modified' => '2024-05-28', 'keywords' => '', 'description' => '', 'sortorder' => '20839', 'image' => '20240528053516_20220919105145_nijgadh.jpg', 'article_date' => '2024-05-28 17:34:47', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => null, 'user_id' => '34' ) ), (int) 5 => array( 'Article' => array( 'id' => '21103', 'article_category_id' => '1', 'title' => 'Joint Meeting of Federal Parliament Begins, FinMin Pun Presents Budget', 'sub_title' => '', 'summary' => 'KATHMANDU: A joint meeting of both the houses of the Federal Parliament has started after the government agreed to form a parliamentary probe committee as per the demand of the Nepali Congress, the main opposition party. ', 'content' => '<p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif"">KATHMANDU: A joint meeting of both the houses of the Federal Parliament has started after the government agreed to form a parliamentary probe committee as per the demand of the Nepali Congress, the main opposition party. During today's parliamentary meeting, Finance Minister Barshman Pun is presenting the budget for the next financial year (FY) 081/82.</span></span></p> <p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif"">The budget speech, which was scheduled to be held at 1 pm today, started two and a half hours late. </span></span></p> <p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif"">The joint meeting of parliament was postponed for two hours at the request of the government.</span></span></p> ', 'published' => true, 'created' => '2024-05-28', 'modified' => '2024-05-28', 'keywords' => '', 'description' => '', 'sortorder' => '20838', 'image' => '20240528035557_budget.jpg', 'article_date' => '2024-05-28 15:55:18', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '34' ) ), (int) 6 => array( 'Article' => array( 'id' => '21111', 'article_category_id' => '1', 'title' => 'Govt Allocates Rs 116 Billion for Social Security', 'sub_title' => '', 'summary' => 'KATHMANDU: The government has allocated Rs 116 billion for social security allowance for the next iscal year.', 'content' => '<p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"ekmukta","serif"">KATHMANDU: The government has allocated Rs </span><span style="font-family:"Arial Unicode MS","sans-serif"">116</span><span style="font-family:"ekmukta","serif""> billion for social security allowance for the next iscal year.</span></span></span></p> <p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"ekmukta","serif"">Announcing the budget for the fiscal year </span><span style="font-family:"Arial Unicode MS","sans-serif"">081/82 </span><span style="font-family:"ekmukta","serif"">on Tuesday, Finance Minister Barshman Pun informed that a budget of Rs Rs </span><span style="font-family:"Arial Unicode MS","sans-serif"">116</span><span style="font-family:"ekmukta","serif""> billion has been allocated as social security allowance by giving priority to this sector.</span></span></span></p> <p> </p> <p> </p> <p> </p> ', 'published' => true, 'created' => '2024-05-28', 'modified' => '2024-05-28', 'keywords' => '', 'description' => '', 'sortorder' => '20837', 'image' => '20240528044503_SSF (1).jpg', 'article_date' => '2024-05-28 16:44:12', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '34' ) ), (int) 7 => array( 'Article' => array( 'id' => '21110', 'article_category_id' => '1', 'title' => 'Govt Earmarks Rs 74.5 Billion for Development of Energy Sector', 'sub_title' => '', 'summary' => 'KATHMANDU: The government has allocated Rs 74.5 billion for the development of the energy sector.', 'content' => '<p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"ekmukta","serif"">KATHMANDU: The government has allocated Rs </span><span style="font-family:"Arial Unicode MS","sans-serif"">74</span><span style="font-family:"ekmukta","serif"">.5 billion for the development of the energy sector.</span></span></span></p> <p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"ekmukta","serif"">Finance Minister Barshman Pun made this announcement while reading the budget for the upcoming fiscal year</span> <span style="font-family:"ekmukta","serif"">on Tuesday. </span></span></span></p> <p> </p> <p> </p> <p> </p> ', 'published' => true, 'created' => '2024-05-28', 'modified' => '2024-05-28', 'keywords' => '', 'description' => '', 'sortorder' => '20836', 'image' => '20240528043849_hydro.jpg', 'article_date' => '2024-05-28 16:37:44', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '34' ) ), (int) 8 => array( 'Article' => array( 'id' => '21109', 'article_category_id' => '1', 'title' => 'Govt Allocates Rs 1.65 Billion for Agricultural Insurance Subsidy', 'sub_title' => '', 'summary' => 'KATHMANDU: The government has allocated a budget of Rs 1.65 billion for subsidy on the premium of agriculture and livestock insurance.', 'content' => '<p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"ekmukta","serif"">KATHMANDU: The government has allocated a budget of Rs 1.65 billion for subsidy on the premium of agriculture and livestock insurance. Finance Minister Barshman Pun, while presenting the budget for the next fiscal year in the federal parliament on Tuesday, informed that funds have been allocated for grants under this segment.</span></span></span></p> <p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"ekmukta","serif"">The government has been giving 80 percent subsidy on premiums for agriculture and livestock insurance. But the insurance companies have not been able to get payment from the government due lack of enough budget.</span></span></span></p> <p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"ekmukta","serif"">The insurance companies have stopped the agricultural insurance since last March because the government has not released the subsidies. Insurance companies have yet to receive payment of Rs 2 billion from the government.</span></span></span></p> <p> </p> <p> </p> <p> </p> <p> </p> ', 'published' => true, 'created' => '2024-05-28', 'modified' => '2024-05-28', 'keywords' => '', 'description' => '', 'sortorder' => '20835', 'image' => '20240528043443_agriiiii.JPG', 'article_date' => '2024-05-28 16:33:15', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => null, 'user_id' => '34' ) ), (int) 9 => array( 'Article' => array( 'id' => '21108', 'article_category_id' => '1', 'title' => 'Agriculture Sector gets Budget of Rs 57.29 Billion, Rs 27.95 Billion Allocated for Fertilizer', 'sub_title' => '', 'summary' => 'KATHMANDU: The government has allocated a budget of Rs 57.29 billion for the agriculture in the next fiscal year.', 'content' => '<p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"ekmukta","serif"">KATHMANDU: The government has allocated a budget of Rs 57.29 billion for the agriculture in the next fiscal year.</span></span></span></p> <p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"ekmukta","serif"">Announcing the budget for the next fiscal year on Tuesday, Finance Minister Barshman Pun said that the government has allocated Rs 57.29 billion for the agriculture sector.</span></span></span></p> <p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"ekmukta","serif"">He added that the government has allocated a subsidized amount of Rs 27.95 billion for timely management of fertilizer for the farmers. </span></span></span></p> <p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"ekmukta","serif"">The government also announced to promote the production and use of organic food and fertilizers and discourage chemical pesticides and promote biological pesticides. </span></span></span></p> <p> </p> <p> </p> <p> </p> <p> </p> ', 'published' => true, 'created' => '2024-05-28', 'modified' => '2024-05-28', 'keywords' => '', 'description' => '', 'sortorder' => '20834', 'image' => '20240528042739_Agriculture-Loan_55.jpg', 'article_date' => '2024-05-28 16:24:31', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '34' ) ), (int) 10 => array( 'Article' => array( 'id' => '21107', 'article_category_id' => '1', 'title' => 'Govt Declares Next 10 Years as the Decade of Investment in Agriculture', 'sub_title' => '', 'summary' => 'KATHMANDU: The government has declared the next 10 years as the investment decade in agriculture.', 'content' => '<p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"ekmukta","serif"">KATHMANDU: The government has declared the next </span><span style="font-family:"Arial Unicode MS","sans-serif"">10</span><span style="font-family:"ekmukta","serif""> years as the investment decade in agriculture.</span></span></span></p> <p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"ekmukta","serif"">Presenting the budget for the next fiscal year in a joint meeting of both the houses of the Federal Parliament on Tuesday (today), Finance Minister Barshman Pun said that the decade of investment in agriculture will be celebrated from </span><span style="font-family:"Arial Unicode MS","sans-serif"">2081 </span><span style="font-family:"ekmukta","serif"">BS to </span><span style="font-family:"Arial Unicode MS","sans-serif"">2091</span><span style="font-family:"ekmukta","serif""> BS</span><span style="font-family:"Arial Unicode MS","sans-serif"">.</span></span></span></p> <p> </p> <p> </p> <p> </p> ', 'published' => true, 'created' => '2024-05-28', 'modified' => '2024-05-28', 'keywords' => '', 'description' => '', 'sortorder' => '20833', 'image' => '20240528041659_agri maize.jpg', 'article_date' => '2024-05-28 16:16:27', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => null, 'user_id' => '34' ) ), (int) 11 => array( 'Article' => array( 'id' => '21106', 'article_category_id' => '1', 'title' => 'Government Allocates Rs 2.98 Billion for Prime Minister Agriculture Modernization Project', 'sub_title' => '', 'summary' => 'KATHMANDU: The government has allocated Rs 2.98 billion for the Prime Minister Agriculture Modernization Project.', 'content' => '<p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"ekmukta","serif"">KATHMANDU: The government has allocated Rs </span><span style="font-family:"Arial Unicode MS","sans-serif"">2.98</span><span style="font-family:"ekmukta","serif""> billion for the Prime Minister Agriculture Modernization Project.</span></span></span></p> <p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"ekmukta","serif"">Finance Minister Barshman Pun said this while announcing the budget for the next fiscal year </span><span style="font-family:"Arial Unicode MS","sans-serif"">081-82</span><span style="font-family:"ekmukta","serif""> on Tuesday.</span></span></span></p> <p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"ekmukta","serif"">The budget statement mentions that the government plans to expand fruit cultivation on </span><span style="font-family:"Arial Unicode MS","sans-serif"">2</span><span style="font-family:"ekmukta","serif"">,</span><span style="font-family:"Arial Unicode MS","sans-serif"">000 </span><span style="font-family:"ekmukta","serif"">hectares of land in the highlands. Finance Minister Pun added that the government also plans to expand </span><span style="font-family:"Arial Unicode MS","sans-serif"">14 </span><span style="font-family:"ekmukta","serif"">government farms to produce at least </span><span style="font-family:"Arial Unicode MS","sans-serif"">700</span><span style="font-family:"ekmukta","serif"">,</span><span style="font-family:"Arial Unicode MS","sans-serif"">000 </span><span style="font-family:"ekmukta","serif"">quality fruit saplings.</span></span></span></p> ', 'published' => true, 'created' => '2024-05-28', 'modified' => '2024-05-28', 'keywords' => '', 'description' => '', 'sortorder' => '20832', 'image' => '20240528041255_Agri.jpg', 'article_date' => '2024-05-28 16:12:24', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => null, 'user_id' => '34' ) ), (int) 12 => array( 'Article' => array( 'id' => '21105', 'article_category_id' => '1', 'title' => 'Govt to Bring 1.6 Million Tourists Next Year', 'sub_title' => '', 'summary' => 'KATHMANDU: The government has set a target of bringing in 1.6 million tourists in the next fiscal year.', 'content' => '<p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif""><span style="font-size:14.0pt"><span style="font-family:"ekmukta","serif"">KATHMANDU: The government has set a target of bringing in 1.6 million tourists in the next fiscal year.</span></span></span></span></p> <p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif""><span style="font-size:14.0pt"><span style="font-family:"ekmukta","serif"">Announcing the budget for the next fiscal year on Tuesday, Finance Minister Barshman Pun said that the government has set a target to bring 1.6 million tourists to Nepal in the next fiscal year.</span></span></span></span></p> <p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif""><span style="font-size:14.0pt"><span style="font-family:"ekmukta","serif"">He informed that the government has allocated a budget of Rs 5.46 billion for tourism promotion.</span></span></span></span></p> ', 'published' => true, 'created' => '2024-05-28', 'modified' => '2024-05-28', 'keywords' => '', 'description' => '', 'sortorder' => '20831', 'image' => '20240528040520_Tourist.jpg', 'article_date' => '2024-05-28 16:04:42', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => null, 'user_id' => '34' ) ), (int) 13 => array( 'Article' => array( 'id' => '21104', 'article_category_id' => '1', 'title' => 'Commercial Production of Marijuana to Begin from Next FY', 'sub_title' => '', 'summary' => 'KATHMANDU: The government is planning to arrange commercial production of marijuana from the next fiscal year.', 'content' => '<p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif"">KATHMANDU: The government is planning to arrange commercial production of marijuana from the next fiscal year. Finance Minister Barshman Pun made this announced in the budget speech on Tuesday.</span></span></p> <p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif"">Minister Pun said that legal arrangements will be made for the commercial production of marijuana for medicinal purpose within the next fiscal year.</span></span></p> ', 'published' => true, 'created' => '2024-05-28', 'modified' => '2024-05-28', 'keywords' => '', 'description' => '', 'sortorder' => '20830', 'image' => '20240528040050_20231107113426_20230529074926_20190221010550_adsfff.jpg', 'article_date' => '2024-05-28 16:00:10', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => null, 'user_id' => '34' ) ), (int) 14 => array( 'Article' => array( 'id' => '21102', 'article_category_id' => '1', 'title' => 'NPC Endorses Govt's Annual Development Programme, Medium Term Expenditure Framework', 'sub_title' => '', 'summary' => 'KATHMANDU: A meeting of the National Planning Commission has approved the government's annual development programme and three-year medium-term expenditure framework. ', 'content' => '<p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"Arial Unicode MS","sans-serif"">KATHMANDU: A meeting of the National Planning Commission has approved the government's annual development programme and three-year medium-term expenditure framework. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">The full meeting held at the Office of the Prime Minister and Council of Ministers under chairmanship of Prime Minister Pushpa Kamal Dahal on Tuesday passed both the documents to be tabled in the parliament along with the budget. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">The annual development programme is being tabled in the parliament along with the budget. PM Dahal’s private secretariat said that the government will maintain financial discipline, efficiency in appropriation, and budget allocation according to the spending capacity of the government.</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"">On the occasion, Prime Minster Pushpa Kamal Dahal said he had directed to make people-oriented budget and Finance Minister Barsha Man Pun has prepared the budget accordangly. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">Finance Minister Pun, NPC vice-chair Dr Min Bahadur Shrestha, Chief Secretary Baikuntha Aryal and members and member-secretary were present in the meeting. -- RSS </span></span></span></p> <p> </p> ', 'published' => true, 'created' => '2024-05-28', 'modified' => '2024-05-28', 'keywords' => '', 'description' => '', 'sortorder' => '20829', 'image' => '20240528014241_20240514025910_20240115115317_pm.jpg', 'article_date' => '2024-05-28 13:42:02', '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
Warning (2): simplexml_load_file() [<a href='http://php.net/function.simplexml-load-file'>function.simplexml-load-file</a>]: I/O warning : failed to load external entity "" [APP/View/Elements/side_bar.ctp, line 60]file not found!Code Context// $file = 'http://aabhiyan:QUVLg8Wzs2F7G9N7@nepalstock.com.np/api/indexdata.xml';if(!$xml = simplexml_load_file($file)){$viewFile = '/var/www/html/newbusinessage.com/app/View/Elements/side_bar.ctp' $dataForView = array( 'articles' => array( (int) 0 => array( 'Article' => array( [maximum depth reached] ) ), (int) 1 => array( 'Article' => array( [maximum depth reached] ) ), (int) 2 => array( 'Article' => array( [maximum depth reached] ) ), (int) 3 => array( 'Article' => array( [maximum depth reached] ) ), (int) 4 => array( 'Article' => array( [maximum depth reached] ) ), (int) 5 => array( 'Article' => array( [maximum depth reached] ) ), (int) 6 => array( 'Article' => array( [maximum depth reached] ) ), (int) 7 => array( 'Article' => array( [maximum depth reached] ) ), (int) 8 => array( 'Article' => array( [maximum depth reached] ) ), (int) 9 => array( 'Article' => array( [maximum depth reached] ) ), (int) 10 => array( 'Article' => array( [maximum depth reached] ) ), (int) 11 => array( 'Article' => array( [maximum depth reached] ) ), (int) 12 => array( 'Article' => array( [maximum depth reached] ) ), (int) 13 => array( 'Article' => array( [maximum depth reached] ) ), (int) 14 => array( 'Article' => array( [maximum depth reached] ) ) ), 'current_user' => null, 'logged_in' => false ) $articles = array( (int) 0 => array( 'Article' => array( 'id' => '21117', 'article_category_id' => '1', 'title' => 'Govt Sets Target of Achieving Six Percent Economic Growth in upcoming FY ', 'sub_title' => '', 'summary' => 'KATHMANDU: The government has estimated an economic growth rate of 6 per cent in the upcoming fiscal year and to limit inflation at 5.5 per cent. ', 'content' => '<p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"Arial Unicode MS","sans-serif"">KATHMANDU: The government has estimated an economic growth rate of 6 per cent in the upcoming fiscal year and to limit inflation at 5.5 per cent. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">Unveiling the new budget for FY 2024/025 in a joint meeting of the federal parliament on Tuesday, Finance Minister Pun shared the plan of achieving an economic growth rate of 6 per cent adding that the Nepal Rastra Bank would formulate the monetary policy to complement the government in implementing the policies and programmes stated in the budget speech. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">“With the implementation of the budget, economic activities would be expedited and production growth as well as employment generation would result in a sustainable, wide and inclusive economic growth rate,” the finance minister said. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">However, Finance Minister Pun said that economic growth is likely to be limited to 3.9 per cent in the current fiscal year against the target of a 6 per cent growth rate as economic activities could not expand as expected. -- RSS</span></span></span></p> <p> </p> ', 'published' => true, 'created' => '2024-05-29', 'modified' => '2024-05-29', 'keywords' => '', 'description' => '', 'sortorder' => '20844', 'image' => '20240529094456_20240527014844_20240426010045_20220817123841_economic-growth.jpg', 'article_date' => '2024-05-29 09:44:26', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => null, 'user_id' => '34' ) ), (int) 1 => array( 'Article' => array( 'id' => '21116', 'article_category_id' => '1', 'title' => 'Govt Removes VAT Imposed on Potato, Onion and Some Perishable Goods', 'sub_title' => 'Government Changes Tax Rates of Different Goods and Commodities ', 'summary' => 'KATHMANDU: The government has made changes in the tax rates of different goods and commodities through the upcoming fiscal year's budget announced on Tuesday. ', 'content' => '<p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif""><span style="font-size:13.5pt"><span style="font-family:"Arial Unicode MS","sans-serif"">KATHMANDU: The government has made changes in the tax rates of different goods and commodities through the upcoming fiscal year's budget announced on Tuesday. </span></span><br /> <span style="font-size:13.5pt"><span style="font-family:"Arial Unicode MS","sans-serif"">Unveiling the budget, Minister for Finance Barshaman Pun announced the reduction of the import fees and excise duty on the raw materials of drugs, induction stoves, yarn, helmets, incense sticks, sanitary pads and some of the raw materials of other goods to prioritize domestic industries. </span></span><br /> <span style="font-size:13.5pt"><span style="font-family:"Arial Unicode MS","sans-serif"">Likewise, Finance Minister Pun has scrapped the provision of VAT exemption being given to some goods, which, he said is aimed at expanding the base of tax and developing a clean tax system. </span></span><br /> <span style="font-size:13.5pt"><span style="font-family:"Arial Unicode MS","sans-serif"">"I have annulled the VAT imposed on potato, onion, apple and other vegetables and fruits. This shall help promote domestic production," Finance Minister Pun said. </span></span><br /> <span style="font-size:13.5pt"><span style="font-family:"Arial Unicode MS","sans-serif"">Similarly, the excise duty rate imposed on liquor, beer, tobacco and cigarettes has been increased. </span></span><br /> <span style="font-size:13.5pt"><span style="font-family:"Arial Unicode MS","sans-serif"">Furthermore, the existing threshold on mixed transactions of goods and services for registration in VAT has been increased to Rs 3 million. </span></span><br /> <span style="font-size:13.5pt"><span style="font-family:"Arial Unicode MS","sans-serif"">The green tax has been imposed on the import of petroleum products and coal. </span></span><br /> <span style="font-size:13.5pt"><span style="font-family:"Arial Unicode MS","sans-serif"">Likewise, the government has taken the policy to increase import tax and excise duty on some readymade goods for the protection of domestic industries. </span></span><br /> <span style="font-size:13.5pt"><span style="font-family:"Arial Unicode MS","sans-serif"">The income tax imposed on the payment of the interest rate of the banks and financial institutions has been decreased to lure foreign capital. </span></span><br /> <span style="font-size:13.5pt"><span style="font-family:"Arial Unicode MS","sans-serif"">Minister Pun also announced to develop a model of agreement to end the dual tax system to promote foreign investment from different source countries. </span></span><br /> <span style="font-size:13.5pt"><span style="font-family:"Arial Unicode MS","sans-serif"">The information technology-based industries would be given an exemption on the dividend tax if their profits were capitalized. </span></span><br /> <span style="font-size:13.5pt"><span style="font-family:"Arial Unicode MS","sans-serif"">The customs duty of 15 percent being charged for the import of steel milk can for the animal farms and industries producing more than 1,000 litres of milk daily has been reduced to just one percent. -- RSS </span></span></span></span></p> ', 'published' => true, 'created' => '2024-05-29', 'modified' => '2024-05-29', 'keywords' => '', 'description' => '', 'sortorder' => '20843', 'image' => '20240529091953_20240528092857_20240505062922_collage (72).jpg', 'article_date' => '2024-05-29 09:19:01', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => null, 'user_id' => '34' ) ), (int) 2 => array( 'Article' => array( 'id' => '21114', 'article_category_id' => '1', 'title' => 'Finance Minister Unveils Annual Budget of Rs 1.86 Trillion for FY 2024/025 ', 'sub_title' => '', 'summary' => 'KATHMANDU: The government has announced a budget of Rs 1.86 trillion for the upcoming fiscal year (FY 2024/025).', 'content' => '<p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"Arial Unicode MS","sans-serif"">KATHMANDU: The government has announced a budget of Rs 1.86 trillion for the upcoming fiscal year (FY 2024/025). Minister for Finance Barshaman Pun unveiled the budget in a joint meeting of the federal parliament on Tuesday afternoon. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">As per the announcement, the government has allocated Rs 1140.66 billion (61.31 percent) towards current expenditure while Rs 352.35 billion (18.94 percent) has been earmarked towards capital expenditure. Similarly, Rs 367.28 billion has been allocated for fiscal management. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">The size of the upcoming fiscal year's budget is 6.2 percent more than the current fiscal year’s budget while it is 21.56 percent more than the revised estimation of the budget of the current fiscal year. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">The government has allocated Rs 408.87 billion for fiscal transfer to the provinces and local levels. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">The major sources of the budget estimation for the upcoming fiscal year include Rs 1260.3 billion from revenue collection and Rs 52.33 billion from foreign aid and Rs 217.67 billion from foreign loan assistance. Likewise, Rs 330 billion would be collected from internal loans. --RSS </span></span></span><br /> </p> ', 'published' => true, 'created' => '2024-05-28', 'modified' => '2024-05-28', 'keywords' => '', 'description' => '', 'sortorder' => '20841', 'image' => '20240528063039_PRO-KTM-15066A8196copy.jpg', 'article_date' => '2024-05-28 18:30:05', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => null, 'user_id' => '34' ) ), (int) 3 => array( 'Article' => array( 'id' => '21113', 'article_category_id' => '1', 'title' => 'IT Parks in Kathmandu and Butwal', 'sub_title' => '', 'summary' => 'KATHMANDU: The government has announced that IT parks will be established in Kathmandu Valley and Butwal. ', 'content' => '<p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif""><span style="font-size:14.0pt"><span style="font-family:"Cambria","serif"">KATHMANDU: The government has announced that IT parks will be established in Kathmandu Valley and Butwal. Presenting FY 2024/25 federal budget at the parliament, Finance Minister Barshaman Pun made such announcement. These parks, according to Pun, will be equipped with essential amenities such as high-speed internet, reliable electricity, and robust security infrastructure.</span></span></span></span></p> <p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif""><span style="font-size:14.0pt"><span style="font-family:"Cambria","serif"">To encourage the growth of the domestic IT sector, the government has pledged to offer complimentary access to the park's facilities for a period of three years.</span></span></span></span></p> <p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif""><span style="font-size:14.0pt"><span style="font-family:"Cambria","serif"">The government has also said that it has included a provision mandating government agencies to prioritize the utilization of domestically produced software. Furthermore, internships in the IT industry will be facilitated for undergraduate and postgraduate students studying information technology subjects, aiming to bridge the gap between academia and industry.</span></span></span></span></p> <p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif""><span style="font-size:14.0pt"><span style="font-family:"Cambria","serif"">In a bid to position Nepal as a prominent hub for information technology, Finance Minister Pun has set a target for the IT industry to achieve Rs 30 trillion in exports over the next decade.</span></span></span></span></p> <p> </p> ', 'published' => true, 'created' => '2024-05-28', 'modified' => '2024-05-28', 'keywords' => '', 'description' => '', 'sortorder' => '20840', 'image' => '20240528054528_20230907105804_internet.jpg', 'article_date' => '2024-05-28 17:45:06', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => null, 'user_id' => '34' ) ), (int) 4 => array( 'Article' => array( 'id' => '21112', 'article_category_id' => '1', 'title' => 'Investment framework of Nijgadh International Airport to be finalized in next FY', 'sub_title' => '', 'summary' => 'KATHMANDU: Finance Minister Barshaman Pun unveiled plans to finalize the investment framework and preparatory work within the next fiscal year to construct the Nijgadh International Airport through a public-private partnership during the budget presentation for the financial year (FY) 2024/25.', 'content' => '<p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif""><span style="font-size:14.0pt"><span style="font-family:"Cambria","serif"">KATHMANDU: Finance Minister Barshaman Pun unveiled plans to finalize the investment framework and preparatory work within the next fiscal year to construct the Nijgadh International Airport through a public-private partnership during the budget presentation for the financial year (FY) 2024/25.</span></span></span></span></p> <p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif""><span style="font-size:14.0pt"><span style="font-family:"Cambria","serif"">Furthermore, Minister Pun announced in the budget that the construction of the second terminal building of Tribhuvan International Airport will commence. Additionally, it was stated that the Bharatpur Airport will be completed within the upcoming fiscal year, with an allocation of Rs 360 million for this purpose. Moreover, upgrades for airports in Surkhet, Rolpa Barichaur, Dang Tarigaon, Jumla, Dhangadhi, and Nepalgunj have been announced, with a total allocation of Rs 3.77 billion for civil aviation sector.</span></span></span></span></p> <p> </p> ', 'published' => true, 'created' => '2024-05-28', 'modified' => '2024-05-28', 'keywords' => '', 'description' => '', 'sortorder' => '20839', 'image' => '20240528053516_20220919105145_nijgadh.jpg', 'article_date' => '2024-05-28 17:34:47', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => null, 'user_id' => '34' ) ), (int) 5 => array( 'Article' => array( 'id' => '21103', 'article_category_id' => '1', 'title' => 'Joint Meeting of Federal Parliament Begins, FinMin Pun Presents Budget', 'sub_title' => '', 'summary' => 'KATHMANDU: A joint meeting of both the houses of the Federal Parliament has started after the government agreed to form a parliamentary probe committee as per the demand of the Nepali Congress, the main opposition party. ', 'content' => '<p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif"">KATHMANDU: A joint meeting of both the houses of the Federal Parliament has started after the government agreed to form a parliamentary probe committee as per the demand of the Nepali Congress, the main opposition party. During today's parliamentary meeting, Finance Minister Barshman Pun is presenting the budget for the next financial year (FY) 081/82.</span></span></p> <p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif"">The budget speech, which was scheduled to be held at 1 pm today, started two and a half hours late. </span></span></p> <p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif"">The joint meeting of parliament was postponed for two hours at the request of the government.</span></span></p> ', 'published' => true, 'created' => '2024-05-28', 'modified' => '2024-05-28', 'keywords' => '', 'description' => '', 'sortorder' => '20838', 'image' => '20240528035557_budget.jpg', 'article_date' => '2024-05-28 15:55:18', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '34' ) ), (int) 6 => array( 'Article' => array( 'id' => '21111', 'article_category_id' => '1', 'title' => 'Govt Allocates Rs 116 Billion for Social Security', 'sub_title' => '', 'summary' => 'KATHMANDU: The government has allocated Rs 116 billion for social security allowance for the next iscal year.', 'content' => '<p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"ekmukta","serif"">KATHMANDU: The government has allocated Rs </span><span style="font-family:"Arial Unicode MS","sans-serif"">116</span><span style="font-family:"ekmukta","serif""> billion for social security allowance for the next iscal year.</span></span></span></p> <p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"ekmukta","serif"">Announcing the budget for the fiscal year </span><span style="font-family:"Arial Unicode MS","sans-serif"">081/82 </span><span style="font-family:"ekmukta","serif"">on Tuesday, Finance Minister Barshman Pun informed that a budget of Rs Rs </span><span style="font-family:"Arial Unicode MS","sans-serif"">116</span><span style="font-family:"ekmukta","serif""> billion has been allocated as social security allowance by giving priority to this sector.</span></span></span></p> <p> </p> <p> </p> <p> </p> ', 'published' => true, 'created' => '2024-05-28', 'modified' => '2024-05-28', 'keywords' => '', 'description' => '', 'sortorder' => '20837', 'image' => '20240528044503_SSF (1).jpg', 'article_date' => '2024-05-28 16:44:12', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '34' ) ), (int) 7 => array( 'Article' => array( 'id' => '21110', 'article_category_id' => '1', 'title' => 'Govt Earmarks Rs 74.5 Billion for Development of Energy Sector', 'sub_title' => '', 'summary' => 'KATHMANDU: The government has allocated Rs 74.5 billion for the development of the energy sector.', 'content' => '<p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"ekmukta","serif"">KATHMANDU: The government has allocated Rs </span><span style="font-family:"Arial Unicode MS","sans-serif"">74</span><span style="font-family:"ekmukta","serif"">.5 billion for the development of the energy sector.</span></span></span></p> <p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"ekmukta","serif"">Finance Minister Barshman Pun made this announcement while reading the budget for the upcoming fiscal year</span> <span style="font-family:"ekmukta","serif"">on Tuesday. </span></span></span></p> <p> </p> <p> </p> <p> </p> ', 'published' => true, 'created' => '2024-05-28', 'modified' => '2024-05-28', 'keywords' => '', 'description' => '', 'sortorder' => '20836', 'image' => '20240528043849_hydro.jpg', 'article_date' => '2024-05-28 16:37:44', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '34' ) ), (int) 8 => array( 'Article' => array( 'id' => '21109', 'article_category_id' => '1', 'title' => 'Govt Allocates Rs 1.65 Billion for Agricultural Insurance Subsidy', 'sub_title' => '', 'summary' => 'KATHMANDU: The government has allocated a budget of Rs 1.65 billion for subsidy on the premium of agriculture and livestock insurance.', 'content' => '<p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"ekmukta","serif"">KATHMANDU: The government has allocated a budget of Rs 1.65 billion for subsidy on the premium of agriculture and livestock insurance. Finance Minister Barshman Pun, while presenting the budget for the next fiscal year in the federal parliament on Tuesday, informed that funds have been allocated for grants under this segment.</span></span></span></p> <p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"ekmukta","serif"">The government has been giving 80 percent subsidy on premiums for agriculture and livestock insurance. But the insurance companies have not been able to get payment from the government due lack of enough budget.</span></span></span></p> <p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"ekmukta","serif"">The insurance companies have stopped the agricultural insurance since last March because the government has not released the subsidies. Insurance companies have yet to receive payment of Rs 2 billion from the government.</span></span></span></p> <p> </p> <p> </p> <p> </p> <p> </p> ', 'published' => true, 'created' => '2024-05-28', 'modified' => '2024-05-28', 'keywords' => '', 'description' => '', 'sortorder' => '20835', 'image' => '20240528043443_agriiiii.JPG', 'article_date' => '2024-05-28 16:33:15', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => null, 'user_id' => '34' ) ), (int) 9 => array( 'Article' => array( 'id' => '21108', 'article_category_id' => '1', 'title' => 'Agriculture Sector gets Budget of Rs 57.29 Billion, Rs 27.95 Billion Allocated for Fertilizer', 'sub_title' => '', 'summary' => 'KATHMANDU: The government has allocated a budget of Rs 57.29 billion for the agriculture in the next fiscal year.', 'content' => '<p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"ekmukta","serif"">KATHMANDU: The government has allocated a budget of Rs 57.29 billion for the agriculture in the next fiscal year.</span></span></span></p> <p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"ekmukta","serif"">Announcing the budget for the next fiscal year on Tuesday, Finance Minister Barshman Pun said that the government has allocated Rs 57.29 billion for the agriculture sector.</span></span></span></p> <p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"ekmukta","serif"">He added that the government has allocated a subsidized amount of Rs 27.95 billion for timely management of fertilizer for the farmers. </span></span></span></p> <p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"ekmukta","serif"">The government also announced to promote the production and use of organic food and fertilizers and discourage chemical pesticides and promote biological pesticides. </span></span></span></p> <p> </p> <p> </p> <p> </p> <p> </p> ', 'published' => true, 'created' => '2024-05-28', 'modified' => '2024-05-28', 'keywords' => '', 'description' => '', 'sortorder' => '20834', 'image' => '20240528042739_Agriculture-Loan_55.jpg', 'article_date' => '2024-05-28 16:24:31', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '34' ) ), (int) 10 => array( 'Article' => array( 'id' => '21107', 'article_category_id' => '1', 'title' => 'Govt Declares Next 10 Years as the Decade of Investment in Agriculture', 'sub_title' => '', 'summary' => 'KATHMANDU: The government has declared the next 10 years as the investment decade in agriculture.', 'content' => '<p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"ekmukta","serif"">KATHMANDU: The government has declared the next </span><span style="font-family:"Arial Unicode MS","sans-serif"">10</span><span style="font-family:"ekmukta","serif""> years as the investment decade in agriculture.</span></span></span></p> <p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"ekmukta","serif"">Presenting the budget for the next fiscal year in a joint meeting of both the houses of the Federal Parliament on Tuesday (today), Finance Minister Barshman Pun said that the decade of investment in agriculture will be celebrated from </span><span style="font-family:"Arial Unicode MS","sans-serif"">2081 </span><span style="font-family:"ekmukta","serif"">BS to </span><span style="font-family:"Arial Unicode MS","sans-serif"">2091</span><span style="font-family:"ekmukta","serif""> BS</span><span style="font-family:"Arial Unicode MS","sans-serif"">.</span></span></span></p> <p> </p> <p> </p> <p> </p> ', 'published' => true, 'created' => '2024-05-28', 'modified' => '2024-05-28', 'keywords' => '', 'description' => '', 'sortorder' => '20833', 'image' => '20240528041659_agri maize.jpg', 'article_date' => '2024-05-28 16:16:27', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => null, 'user_id' => '34' ) ), (int) 11 => array( 'Article' => array( 'id' => '21106', 'article_category_id' => '1', 'title' => 'Government Allocates Rs 2.98 Billion for Prime Minister Agriculture Modernization Project', 'sub_title' => '', 'summary' => 'KATHMANDU: The government has allocated Rs 2.98 billion for the Prime Minister Agriculture Modernization Project.', 'content' => '<p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"ekmukta","serif"">KATHMANDU: The government has allocated Rs </span><span style="font-family:"Arial Unicode MS","sans-serif"">2.98</span><span style="font-family:"ekmukta","serif""> billion for the Prime Minister Agriculture Modernization Project.</span></span></span></p> <p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"ekmukta","serif"">Finance Minister Barshman Pun said this while announcing the budget for the next fiscal year </span><span style="font-family:"Arial Unicode MS","sans-serif"">081-82</span><span style="font-family:"ekmukta","serif""> on Tuesday.</span></span></span></p> <p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"ekmukta","serif"">The budget statement mentions that the government plans to expand fruit cultivation on </span><span style="font-family:"Arial Unicode MS","sans-serif"">2</span><span style="font-family:"ekmukta","serif"">,</span><span style="font-family:"Arial Unicode MS","sans-serif"">000 </span><span style="font-family:"ekmukta","serif"">hectares of land in the highlands. Finance Minister Pun added that the government also plans to expand </span><span style="font-family:"Arial Unicode MS","sans-serif"">14 </span><span style="font-family:"ekmukta","serif"">government farms to produce at least </span><span style="font-family:"Arial Unicode MS","sans-serif"">700</span><span style="font-family:"ekmukta","serif"">,</span><span style="font-family:"Arial Unicode MS","sans-serif"">000 </span><span style="font-family:"ekmukta","serif"">quality fruit saplings.</span></span></span></p> ', 'published' => true, 'created' => '2024-05-28', 'modified' => '2024-05-28', 'keywords' => '', 'description' => '', 'sortorder' => '20832', 'image' => '20240528041255_Agri.jpg', 'article_date' => '2024-05-28 16:12:24', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => null, 'user_id' => '34' ) ), (int) 12 => array( 'Article' => array( 'id' => '21105', 'article_category_id' => '1', 'title' => 'Govt to Bring 1.6 Million Tourists Next Year', 'sub_title' => '', 'summary' => 'KATHMANDU: The government has set a target of bringing in 1.6 million tourists in the next fiscal year.', 'content' => '<p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif""><span style="font-size:14.0pt"><span style="font-family:"ekmukta","serif"">KATHMANDU: The government has set a target of bringing in 1.6 million tourists in the next fiscal year.</span></span></span></span></p> <p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif""><span style="font-size:14.0pt"><span style="font-family:"ekmukta","serif"">Announcing the budget for the next fiscal year on Tuesday, Finance Minister Barshman Pun said that the government has set a target to bring 1.6 million tourists to Nepal in the next fiscal year.</span></span></span></span></p> <p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif""><span style="font-size:14.0pt"><span style="font-family:"ekmukta","serif"">He informed that the government has allocated a budget of Rs 5.46 billion for tourism promotion.</span></span></span></span></p> ', 'published' => true, 'created' => '2024-05-28', 'modified' => '2024-05-28', 'keywords' => '', 'description' => '', 'sortorder' => '20831', 'image' => '20240528040520_Tourist.jpg', 'article_date' => '2024-05-28 16:04:42', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => null, 'user_id' => '34' ) ), (int) 13 => array( 'Article' => array( 'id' => '21104', 'article_category_id' => '1', 'title' => 'Commercial Production of Marijuana to Begin from Next FY', 'sub_title' => '', 'summary' => 'KATHMANDU: The government is planning to arrange commercial production of marijuana from the next fiscal year.', 'content' => '<p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif"">KATHMANDU: The government is planning to arrange commercial production of marijuana from the next fiscal year. Finance Minister Barshman Pun made this announced in the budget speech on Tuesday.</span></span></p> <p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif"">Minister Pun said that legal arrangements will be made for the commercial production of marijuana for medicinal purpose within the next fiscal year.</span></span></p> ', 'published' => true, 'created' => '2024-05-28', 'modified' => '2024-05-28', 'keywords' => '', 'description' => '', 'sortorder' => '20830', 'image' => '20240528040050_20231107113426_20230529074926_20190221010550_adsfff.jpg', 'article_date' => '2024-05-28 16:00:10', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => null, 'user_id' => '34' ) ), (int) 14 => array( 'Article' => array( 'id' => '21102', 'article_category_id' => '1', 'title' => 'NPC Endorses Govt's Annual Development Programme, Medium Term Expenditure Framework', 'sub_title' => '', 'summary' => 'KATHMANDU: A meeting of the National Planning Commission has approved the government's annual development programme and three-year medium-term expenditure framework. ', 'content' => '<p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"Arial Unicode MS","sans-serif"">KATHMANDU: A meeting of the National Planning Commission has approved the government's annual development programme and three-year medium-term expenditure framework. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">The full meeting held at the Office of the Prime Minister and Council of Ministers under chairmanship of Prime Minister Pushpa Kamal Dahal on Tuesday passed both the documents to be tabled in the parliament along with the budget. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">The annual development programme is being tabled in the parliament along with the budget. PM Dahal’s private secretariat said that the government will maintain financial discipline, efficiency in appropriation, and budget allocation according to the spending capacity of the government.</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"">On the occasion, Prime Minster Pushpa Kamal Dahal said he had directed to make people-oriented budget and Finance Minister Barsha Man Pun has prepared the budget accordangly. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">Finance Minister Pun, NPC vice-chair Dr Min Bahadur Shrestha, Chief Secretary Baikuntha Aryal and members and member-secretary were present in the meeting. -- RSS </span></span></span></p> <p> </p> ', 'published' => true, 'created' => '2024-05-28', 'modified' => '2024-05-28', 'keywords' => '', 'description' => '', 'sortorder' => '20829', 'image' => '20240528014241_20240514025910_20240115115317_pm.jpg', 'article_date' => '2024-05-28 13:42:02', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => null, 'user_id' => '34' ) ) ) $current_user = null $logged_in = falsesimplexml_load_file - [internal], line ?? include - APP/View/Elements/side_bar.ctp, line 60 View::_evaluate() - CORE/Cake/View/View.php, line 971 View::_render() - CORE/Cake/View/View.php, line 933 View::_renderElement() - CORE/Cake/View/View.php, line 1224 View::element() - CORE/Cake/View/View.php, line 418 include - APP/View/Articles/index.ctp, line 157 View::_evaluate() - CORE/Cake/View/View.php, line 971 View::_render() - CORE/Cake/View/View.php, line 933 View::render() - CORE/Cake/View/View.php, line 473 Controller::render() - CORE/Cake/Controller/Controller.php, line 968 Dispatcher::_invoke() - CORE/Cake/Routing/Dispatcher.php, line 200 Dispatcher::dispatch() - CORE/Cake/Routing/Dispatcher.php, line 167 [main] - APP/webroot/index.php, line 117
Notice (8): Undefined variable: file [APP/View/Elements/side_bar.ctp, line 133]Code Context// $file = 'http://aabhiyan:QUVLg8Wzs2F7G9N7@nepalstock.com.np/api/subindexdata.xml';if(!$xml = simplexml_load_file($file)){$viewFile = '/var/www/html/newbusinessage.com/app/View/Elements/side_bar.ctp' $dataForView = array( 'articles' => array( (int) 0 => array( 'Article' => array( [maximum depth reached] ) ), (int) 1 => array( 'Article' => array( [maximum depth reached] ) ), (int) 2 => array( 'Article' => array( [maximum depth reached] ) ), (int) 3 => array( 'Article' => array( [maximum depth reached] ) ), (int) 4 => array( 'Article' => array( [maximum depth reached] ) ), (int) 5 => array( 'Article' => array( [maximum depth reached] ) ), (int) 6 => array( 'Article' => array( [maximum depth reached] ) ), (int) 7 => array( 'Article' => array( [maximum depth reached] ) ), (int) 8 => array( 'Article' => array( [maximum depth reached] ) ), (int) 9 => array( 'Article' => array( [maximum depth reached] ) ), (int) 10 => array( 'Article' => array( [maximum depth reached] ) ), (int) 11 => array( 'Article' => array( [maximum depth reached] ) ), (int) 12 => array( 'Article' => array( [maximum depth reached] ) ), (int) 13 => array( 'Article' => array( [maximum depth reached] ) ), (int) 14 => array( 'Article' => array( [maximum depth reached] ) ) ), 'current_user' => null, 'logged_in' => false ) $articles = array( (int) 0 => array( 'Article' => array( 'id' => '21117', 'article_category_id' => '1', 'title' => 'Govt Sets Target of Achieving Six Percent Economic Growth in upcoming FY ', 'sub_title' => '', 'summary' => 'KATHMANDU: The government has estimated an economic growth rate of 6 per cent in the upcoming fiscal year and to limit inflation at 5.5 per cent. ', 'content' => '<p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"Arial Unicode MS","sans-serif"">KATHMANDU: The government has estimated an economic growth rate of 6 per cent in the upcoming fiscal year and to limit inflation at 5.5 per cent. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">Unveiling the new budget for FY 2024/025 in a joint meeting of the federal parliament on Tuesday, Finance Minister Pun shared the plan of achieving an economic growth rate of 6 per cent adding that the Nepal Rastra Bank would formulate the monetary policy to complement the government in implementing the policies and programmes stated in the budget speech. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">“With the implementation of the budget, economic activities would be expedited and production growth as well as employment generation would result in a sustainable, wide and inclusive economic growth rate,” the finance minister said. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">However, Finance Minister Pun said that economic growth is likely to be limited to 3.9 per cent in the current fiscal year against the target of a 6 per cent growth rate as economic activities could not expand as expected. -- RSS</span></span></span></p> <p> </p> ', 'published' => true, 'created' => '2024-05-29', 'modified' => '2024-05-29', 'keywords' => '', 'description' => '', 'sortorder' => '20844', 'image' => '20240529094456_20240527014844_20240426010045_20220817123841_economic-growth.jpg', 'article_date' => '2024-05-29 09:44:26', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => null, 'user_id' => '34' ) ), (int) 1 => array( 'Article' => array( 'id' => '21116', 'article_category_id' => '1', 'title' => 'Govt Removes VAT Imposed on Potato, Onion and Some Perishable Goods', 'sub_title' => 'Government Changes Tax Rates of Different Goods and Commodities ', 'summary' => 'KATHMANDU: The government has made changes in the tax rates of different goods and commodities through the upcoming fiscal year's budget announced on Tuesday. ', 'content' => '<p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif""><span style="font-size:13.5pt"><span style="font-family:"Arial Unicode MS","sans-serif"">KATHMANDU: The government has made changes in the tax rates of different goods and commodities through the upcoming fiscal year's budget announced on Tuesday. </span></span><br /> <span style="font-size:13.5pt"><span style="font-family:"Arial Unicode MS","sans-serif"">Unveiling the budget, Minister for Finance Barshaman Pun announced the reduction of the import fees and excise duty on the raw materials of drugs, induction stoves, yarn, helmets, incense sticks, sanitary pads and some of the raw materials of other goods to prioritize domestic industries. </span></span><br /> <span style="font-size:13.5pt"><span style="font-family:"Arial Unicode MS","sans-serif"">Likewise, Finance Minister Pun has scrapped the provision of VAT exemption being given to some goods, which, he said is aimed at expanding the base of tax and developing a clean tax system. </span></span><br /> <span style="font-size:13.5pt"><span style="font-family:"Arial Unicode MS","sans-serif"">"I have annulled the VAT imposed on potato, onion, apple and other vegetables and fruits. This shall help promote domestic production," Finance Minister Pun said. </span></span><br /> <span style="font-size:13.5pt"><span style="font-family:"Arial Unicode MS","sans-serif"">Similarly, the excise duty rate imposed on liquor, beer, tobacco and cigarettes has been increased. </span></span><br /> <span style="font-size:13.5pt"><span style="font-family:"Arial Unicode MS","sans-serif"">Furthermore, the existing threshold on mixed transactions of goods and services for registration in VAT has been increased to Rs 3 million. </span></span><br /> <span style="font-size:13.5pt"><span style="font-family:"Arial Unicode MS","sans-serif"">The green tax has been imposed on the import of petroleum products and coal. </span></span><br /> <span style="font-size:13.5pt"><span style="font-family:"Arial Unicode MS","sans-serif"">Likewise, the government has taken the policy to increase import tax and excise duty on some readymade goods for the protection of domestic industries. </span></span><br /> <span style="font-size:13.5pt"><span style="font-family:"Arial Unicode MS","sans-serif"">The income tax imposed on the payment of the interest rate of the banks and financial institutions has been decreased to lure foreign capital. </span></span><br /> <span style="font-size:13.5pt"><span style="font-family:"Arial Unicode MS","sans-serif"">Minister Pun also announced to develop a model of agreement to end the dual tax system to promote foreign investment from different source countries. </span></span><br /> <span style="font-size:13.5pt"><span style="font-family:"Arial Unicode MS","sans-serif"">The information technology-based industries would be given an exemption on the dividend tax if their profits were capitalized. </span></span><br /> <span style="font-size:13.5pt"><span style="font-family:"Arial Unicode MS","sans-serif"">The customs duty of 15 percent being charged for the import of steel milk can for the animal farms and industries producing more than 1,000 litres of milk daily has been reduced to just one percent. -- RSS </span></span></span></span></p> ', 'published' => true, 'created' => '2024-05-29', 'modified' => '2024-05-29', 'keywords' => '', 'description' => '', 'sortorder' => '20843', 'image' => '20240529091953_20240528092857_20240505062922_collage (72).jpg', 'article_date' => '2024-05-29 09:19:01', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => null, 'user_id' => '34' ) ), (int) 2 => array( 'Article' => array( 'id' => '21114', 'article_category_id' => '1', 'title' => 'Finance Minister Unveils Annual Budget of Rs 1.86 Trillion for FY 2024/025 ', 'sub_title' => '', 'summary' => 'KATHMANDU: The government has announced a budget of Rs 1.86 trillion for the upcoming fiscal year (FY 2024/025).', 'content' => '<p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"Arial Unicode MS","sans-serif"">KATHMANDU: The government has announced a budget of Rs 1.86 trillion for the upcoming fiscal year (FY 2024/025). Minister for Finance Barshaman Pun unveiled the budget in a joint meeting of the federal parliament on Tuesday afternoon. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">As per the announcement, the government has allocated Rs 1140.66 billion (61.31 percent) towards current expenditure while Rs 352.35 billion (18.94 percent) has been earmarked towards capital expenditure. Similarly, Rs 367.28 billion has been allocated for fiscal management. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">The size of the upcoming fiscal year's budget is 6.2 percent more than the current fiscal year’s budget while it is 21.56 percent more than the revised estimation of the budget of the current fiscal year. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">The government has allocated Rs 408.87 billion for fiscal transfer to the provinces and local levels. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">The major sources of the budget estimation for the upcoming fiscal year include Rs 1260.3 billion from revenue collection and Rs 52.33 billion from foreign aid and Rs 217.67 billion from foreign loan assistance. Likewise, Rs 330 billion would be collected from internal loans. --RSS </span></span></span><br /> </p> ', 'published' => true, 'created' => '2024-05-28', 'modified' => '2024-05-28', 'keywords' => '', 'description' => '', 'sortorder' => '20841', 'image' => '20240528063039_PRO-KTM-15066A8196copy.jpg', 'article_date' => '2024-05-28 18:30:05', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => null, 'user_id' => '34' ) ), (int) 3 => array( 'Article' => array( 'id' => '21113', 'article_category_id' => '1', 'title' => 'IT Parks in Kathmandu and Butwal', 'sub_title' => '', 'summary' => 'KATHMANDU: The government has announced that IT parks will be established in Kathmandu Valley and Butwal. ', 'content' => '<p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif""><span style="font-size:14.0pt"><span style="font-family:"Cambria","serif"">KATHMANDU: The government has announced that IT parks will be established in Kathmandu Valley and Butwal. Presenting FY 2024/25 federal budget at the parliament, Finance Minister Barshaman Pun made such announcement. These parks, according to Pun, will be equipped with essential amenities such as high-speed internet, reliable electricity, and robust security infrastructure.</span></span></span></span></p> <p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif""><span style="font-size:14.0pt"><span style="font-family:"Cambria","serif"">To encourage the growth of the domestic IT sector, the government has pledged to offer complimentary access to the park's facilities for a period of three years.</span></span></span></span></p> <p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif""><span style="font-size:14.0pt"><span style="font-family:"Cambria","serif"">The government has also said that it has included a provision mandating government agencies to prioritize the utilization of domestically produced software. Furthermore, internships in the IT industry will be facilitated for undergraduate and postgraduate students studying information technology subjects, aiming to bridge the gap between academia and industry.</span></span></span></span></p> <p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif""><span style="font-size:14.0pt"><span style="font-family:"Cambria","serif"">In a bid to position Nepal as a prominent hub for information technology, Finance Minister Pun has set a target for the IT industry to achieve Rs 30 trillion in exports over the next decade.</span></span></span></span></p> <p> </p> ', 'published' => true, 'created' => '2024-05-28', 'modified' => '2024-05-28', 'keywords' => '', 'description' => '', 'sortorder' => '20840', 'image' => '20240528054528_20230907105804_internet.jpg', 'article_date' => '2024-05-28 17:45:06', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => null, 'user_id' => '34' ) ), (int) 4 => array( 'Article' => array( 'id' => '21112', 'article_category_id' => '1', 'title' => 'Investment framework of Nijgadh International Airport to be finalized in next FY', 'sub_title' => '', 'summary' => 'KATHMANDU: Finance Minister Barshaman Pun unveiled plans to finalize the investment framework and preparatory work within the next fiscal year to construct the Nijgadh International Airport through a public-private partnership during the budget presentation for the financial year (FY) 2024/25.', 'content' => '<p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif""><span style="font-size:14.0pt"><span style="font-family:"Cambria","serif"">KATHMANDU: Finance Minister Barshaman Pun unveiled plans to finalize the investment framework and preparatory work within the next fiscal year to construct the Nijgadh International Airport through a public-private partnership during the budget presentation for the financial year (FY) 2024/25.</span></span></span></span></p> <p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif""><span style="font-size:14.0pt"><span style="font-family:"Cambria","serif"">Furthermore, Minister Pun announced in the budget that the construction of the second terminal building of Tribhuvan International Airport will commence. Additionally, it was stated that the Bharatpur Airport will be completed within the upcoming fiscal year, with an allocation of Rs 360 million for this purpose. Moreover, upgrades for airports in Surkhet, Rolpa Barichaur, Dang Tarigaon, Jumla, Dhangadhi, and Nepalgunj have been announced, with a total allocation of Rs 3.77 billion for civil aviation sector.</span></span></span></span></p> <p> </p> ', 'published' => true, 'created' => '2024-05-28', 'modified' => '2024-05-28', 'keywords' => '', 'description' => '', 'sortorder' => '20839', 'image' => '20240528053516_20220919105145_nijgadh.jpg', 'article_date' => '2024-05-28 17:34:47', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => null, 'user_id' => '34' ) ), (int) 5 => array( 'Article' => array( 'id' => '21103', 'article_category_id' => '1', 'title' => 'Joint Meeting of Federal Parliament Begins, FinMin Pun Presents Budget', 'sub_title' => '', 'summary' => 'KATHMANDU: A joint meeting of both the houses of the Federal Parliament has started after the government agreed to form a parliamentary probe committee as per the demand of the Nepali Congress, the main opposition party. ', 'content' => '<p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif"">KATHMANDU: A joint meeting of both the houses of the Federal Parliament has started after the government agreed to form a parliamentary probe committee as per the demand of the Nepali Congress, the main opposition party. During today's parliamentary meeting, Finance Minister Barshman Pun is presenting the budget for the next financial year (FY) 081/82.</span></span></p> <p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif"">The budget speech, which was scheduled to be held at 1 pm today, started two and a half hours late. </span></span></p> <p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif"">The joint meeting of parliament was postponed for two hours at the request of the government.</span></span></p> ', 'published' => true, 'created' => '2024-05-28', 'modified' => '2024-05-28', 'keywords' => '', 'description' => '', 'sortorder' => '20838', 'image' => '20240528035557_budget.jpg', 'article_date' => '2024-05-28 15:55:18', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '34' ) ), (int) 6 => array( 'Article' => array( 'id' => '21111', 'article_category_id' => '1', 'title' => 'Govt Allocates Rs 116 Billion for Social Security', 'sub_title' => '', 'summary' => 'KATHMANDU: The government has allocated Rs 116 billion for social security allowance for the next iscal year.', 'content' => '<p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"ekmukta","serif"">KATHMANDU: The government has allocated Rs </span><span style="font-family:"Arial Unicode MS","sans-serif"">116</span><span style="font-family:"ekmukta","serif""> billion for social security allowance for the next iscal year.</span></span></span></p> <p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"ekmukta","serif"">Announcing the budget for the fiscal year </span><span style="font-family:"Arial Unicode MS","sans-serif"">081/82 </span><span style="font-family:"ekmukta","serif"">on Tuesday, Finance Minister Barshman Pun informed that a budget of Rs Rs </span><span style="font-family:"Arial Unicode MS","sans-serif"">116</span><span style="font-family:"ekmukta","serif""> billion has been allocated as social security allowance by giving priority to this sector.</span></span></span></p> <p> </p> <p> </p> <p> </p> ', 'published' => true, 'created' => '2024-05-28', 'modified' => '2024-05-28', 'keywords' => '', 'description' => '', 'sortorder' => '20837', 'image' => '20240528044503_SSF (1).jpg', 'article_date' => '2024-05-28 16:44:12', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '34' ) ), (int) 7 => array( 'Article' => array( 'id' => '21110', 'article_category_id' => '1', 'title' => 'Govt Earmarks Rs 74.5 Billion for Development of Energy Sector', 'sub_title' => '', 'summary' => 'KATHMANDU: The government has allocated Rs 74.5 billion for the development of the energy sector.', 'content' => '<p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"ekmukta","serif"">KATHMANDU: The government has allocated Rs </span><span style="font-family:"Arial Unicode MS","sans-serif"">74</span><span style="font-family:"ekmukta","serif"">.5 billion for the development of the energy sector.</span></span></span></p> <p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"ekmukta","serif"">Finance Minister Barshman Pun made this announcement while reading the budget for the upcoming fiscal year</span> <span style="font-family:"ekmukta","serif"">on Tuesday. </span></span></span></p> <p> </p> <p> </p> <p> </p> ', 'published' => true, 'created' => '2024-05-28', 'modified' => '2024-05-28', 'keywords' => '', 'description' => '', 'sortorder' => '20836', 'image' => '20240528043849_hydro.jpg', 'article_date' => '2024-05-28 16:37:44', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '34' ) ), (int) 8 => array( 'Article' => array( 'id' => '21109', 'article_category_id' => '1', 'title' => 'Govt Allocates Rs 1.65 Billion for Agricultural Insurance Subsidy', 'sub_title' => '', 'summary' => 'KATHMANDU: The government has allocated a budget of Rs 1.65 billion for subsidy on the premium of agriculture and livestock insurance.', 'content' => '<p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"ekmukta","serif"">KATHMANDU: The government has allocated a budget of Rs 1.65 billion for subsidy on the premium of agriculture and livestock insurance. Finance Minister Barshman Pun, while presenting the budget for the next fiscal year in the federal parliament on Tuesday, informed that funds have been allocated for grants under this segment.</span></span></span></p> <p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"ekmukta","serif"">The government has been giving 80 percent subsidy on premiums for agriculture and livestock insurance. But the insurance companies have not been able to get payment from the government due lack of enough budget.</span></span></span></p> <p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"ekmukta","serif"">The insurance companies have stopped the agricultural insurance since last March because the government has not released the subsidies. Insurance companies have yet to receive payment of Rs 2 billion from the government.</span></span></span></p> <p> </p> <p> </p> <p> </p> <p> </p> ', 'published' => true, 'created' => '2024-05-28', 'modified' => '2024-05-28', 'keywords' => '', 'description' => '', 'sortorder' => '20835', 'image' => '20240528043443_agriiiii.JPG', 'article_date' => '2024-05-28 16:33:15', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => null, 'user_id' => '34' ) ), (int) 9 => array( 'Article' => array( 'id' => '21108', 'article_category_id' => '1', 'title' => 'Agriculture Sector gets Budget of Rs 57.29 Billion, Rs 27.95 Billion Allocated for Fertilizer', 'sub_title' => '', 'summary' => 'KATHMANDU: The government has allocated a budget of Rs 57.29 billion for the agriculture in the next fiscal year.', 'content' => '<p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"ekmukta","serif"">KATHMANDU: The government has allocated a budget of Rs 57.29 billion for the agriculture in the next fiscal year.</span></span></span></p> <p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"ekmukta","serif"">Announcing the budget for the next fiscal year on Tuesday, Finance Minister Barshman Pun said that the government has allocated Rs 57.29 billion for the agriculture sector.</span></span></span></p> <p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"ekmukta","serif"">He added that the government has allocated a subsidized amount of Rs 27.95 billion for timely management of fertilizer for the farmers. </span></span></span></p> <p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"ekmukta","serif"">The government also announced to promote the production and use of organic food and fertilizers and discourage chemical pesticides and promote biological pesticides. </span></span></span></p> <p> </p> <p> </p> <p> </p> <p> </p> ', 'published' => true, 'created' => '2024-05-28', 'modified' => '2024-05-28', 'keywords' => '', 'description' => '', 'sortorder' => '20834', 'image' => '20240528042739_Agriculture-Loan_55.jpg', 'article_date' => '2024-05-28 16:24:31', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '34' ) ), (int) 10 => array( 'Article' => array( 'id' => '21107', 'article_category_id' => '1', 'title' => 'Govt Declares Next 10 Years as the Decade of Investment in Agriculture', 'sub_title' => '', 'summary' => 'KATHMANDU: The government has declared the next 10 years as the investment decade in agriculture.', 'content' => '<p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"ekmukta","serif"">KATHMANDU: The government has declared the next </span><span style="font-family:"Arial Unicode MS","sans-serif"">10</span><span style="font-family:"ekmukta","serif""> years as the investment decade in agriculture.</span></span></span></p> <p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"ekmukta","serif"">Presenting the budget for the next fiscal year in a joint meeting of both the houses of the Federal Parliament on Tuesday (today), Finance Minister Barshman Pun said that the decade of investment in agriculture will be celebrated from </span><span style="font-family:"Arial Unicode MS","sans-serif"">2081 </span><span style="font-family:"ekmukta","serif"">BS to </span><span style="font-family:"Arial Unicode MS","sans-serif"">2091</span><span style="font-family:"ekmukta","serif""> BS</span><span style="font-family:"Arial Unicode MS","sans-serif"">.</span></span></span></p> <p> </p> <p> </p> <p> </p> ', 'published' => true, 'created' => '2024-05-28', 'modified' => '2024-05-28', 'keywords' => '', 'description' => '', 'sortorder' => '20833', 'image' => '20240528041659_agri maize.jpg', 'article_date' => '2024-05-28 16:16:27', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => null, 'user_id' => '34' ) ), (int) 11 => array( 'Article' => array( 'id' => '21106', 'article_category_id' => '1', 'title' => 'Government Allocates Rs 2.98 Billion for Prime Minister Agriculture Modernization Project', 'sub_title' => '', 'summary' => 'KATHMANDU: The government has allocated Rs 2.98 billion for the Prime Minister Agriculture Modernization Project.', 'content' => '<p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"ekmukta","serif"">KATHMANDU: The government has allocated Rs </span><span style="font-family:"Arial Unicode MS","sans-serif"">2.98</span><span style="font-family:"ekmukta","serif""> billion for the Prime Minister Agriculture Modernization Project.</span></span></span></p> <p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"ekmukta","serif"">Finance Minister Barshman Pun said this while announcing the budget for the next fiscal year </span><span style="font-family:"Arial Unicode MS","sans-serif"">081-82</span><span style="font-family:"ekmukta","serif""> on Tuesday.</span></span></span></p> <p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"ekmukta","serif"">The budget statement mentions that the government plans to expand fruit cultivation on </span><span style="font-family:"Arial Unicode MS","sans-serif"">2</span><span style="font-family:"ekmukta","serif"">,</span><span style="font-family:"Arial Unicode MS","sans-serif"">000 </span><span style="font-family:"ekmukta","serif"">hectares of land in the highlands. Finance Minister Pun added that the government also plans to expand </span><span style="font-family:"Arial Unicode MS","sans-serif"">14 </span><span style="font-family:"ekmukta","serif"">government farms to produce at least </span><span style="font-family:"Arial Unicode MS","sans-serif"">700</span><span style="font-family:"ekmukta","serif"">,</span><span style="font-family:"Arial Unicode MS","sans-serif"">000 </span><span style="font-family:"ekmukta","serif"">quality fruit saplings.</span></span></span></p> ', 'published' => true, 'created' => '2024-05-28', 'modified' => '2024-05-28', 'keywords' => '', 'description' => '', 'sortorder' => '20832', 'image' => '20240528041255_Agri.jpg', 'article_date' => '2024-05-28 16:12:24', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => null, 'user_id' => '34' ) ), (int) 12 => array( 'Article' => array( 'id' => '21105', 'article_category_id' => '1', 'title' => 'Govt to Bring 1.6 Million Tourists Next Year', 'sub_title' => '', 'summary' => 'KATHMANDU: The government has set a target of bringing in 1.6 million tourists in the next fiscal year.', 'content' => '<p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif""><span style="font-size:14.0pt"><span style="font-family:"ekmukta","serif"">KATHMANDU: The government has set a target of bringing in 1.6 million tourists in the next fiscal year.</span></span></span></span></p> <p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif""><span style="font-size:14.0pt"><span style="font-family:"ekmukta","serif"">Announcing the budget for the next fiscal year on Tuesday, Finance Minister Barshman Pun said that the government has set a target to bring 1.6 million tourists to Nepal in the next fiscal year.</span></span></span></span></p> <p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif""><span style="font-size:14.0pt"><span style="font-family:"ekmukta","serif"">He informed that the government has allocated a budget of Rs 5.46 billion for tourism promotion.</span></span></span></span></p> ', 'published' => true, 'created' => '2024-05-28', 'modified' => '2024-05-28', 'keywords' => '', 'description' => '', 'sortorder' => '20831', 'image' => '20240528040520_Tourist.jpg', 'article_date' => '2024-05-28 16:04:42', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => null, 'user_id' => '34' ) ), (int) 13 => array( 'Article' => array( 'id' => '21104', 'article_category_id' => '1', 'title' => 'Commercial Production of Marijuana to Begin from Next FY', 'sub_title' => '', 'summary' => 'KATHMANDU: The government is planning to arrange commercial production of marijuana from the next fiscal year.', 'content' => '<p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif"">KATHMANDU: The government is planning to arrange commercial production of marijuana from the next fiscal year. Finance Minister Barshman Pun made this announced in the budget speech on Tuesday.</span></span></p> <p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif"">Minister Pun said that legal arrangements will be made for the commercial production of marijuana for medicinal purpose within the next fiscal year.</span></span></p> ', 'published' => true, 'created' => '2024-05-28', 'modified' => '2024-05-28', 'keywords' => '', 'description' => '', 'sortorder' => '20830', 'image' => '20240528040050_20231107113426_20230529074926_20190221010550_adsfff.jpg', 'article_date' => '2024-05-28 16:00:10', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => null, 'user_id' => '34' ) ), (int) 14 => array( 'Article' => array( 'id' => '21102', 'article_category_id' => '1', 'title' => 'NPC Endorses Govt's Annual Development Programme, Medium Term Expenditure Framework', 'sub_title' => '', 'summary' => 'KATHMANDU: A meeting of the National Planning Commission has approved the government's annual development programme and three-year medium-term expenditure framework. ', 'content' => '<p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"Arial Unicode MS","sans-serif"">KATHMANDU: A meeting of the National Planning Commission has approved the government's annual development programme and three-year medium-term expenditure framework. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">The full meeting held at the Office of the Prime Minister and Council of Ministers under chairmanship of Prime Minister Pushpa Kamal Dahal on Tuesday passed both the documents to be tabled in the parliament along with the budget. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">The annual development programme is being tabled in the parliament along with the budget. PM Dahal’s private secretariat said that the government will maintain financial discipline, efficiency in appropriation, and budget allocation according to the spending capacity of the government.</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"">On the occasion, Prime Minster Pushpa Kamal Dahal said he had directed to make people-oriented budget and Finance Minister Barsha Man Pun has prepared the budget accordangly. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">Finance Minister Pun, NPC vice-chair Dr Min Bahadur Shrestha, Chief Secretary Baikuntha Aryal and members and member-secretary were present in the meeting. -- RSS </span></span></span></p> <p> </p> ', 'published' => true, 'created' => '2024-05-28', 'modified' => '2024-05-28', 'keywords' => '', 'description' => '', 'sortorder' => '20829', 'image' => '20240528014241_20240514025910_20240115115317_pm.jpg', 'article_date' => '2024-05-28 13:42:02', '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
Warning (2): simplexml_load_file() [<a href='http://php.net/function.simplexml-load-file'>function.simplexml-load-file</a>]: I/O warning : failed to load external entity "" [APP/View/Elements/side_bar.ctp, line 133]file not found!Code Context// $file = 'http://aabhiyan:QUVLg8Wzs2F7G9N7@nepalstock.com.np/api/subindexdata.xml';if(!$xml = simplexml_load_file($file)){$viewFile = '/var/www/html/newbusinessage.com/app/View/Elements/side_bar.ctp' $dataForView = array( 'articles' => array( (int) 0 => array( 'Article' => array( [maximum depth reached] ) ), (int) 1 => array( 'Article' => array( [maximum depth reached] ) ), (int) 2 => array( 'Article' => array( [maximum depth reached] ) ), (int) 3 => array( 'Article' => array( [maximum depth reached] ) ), (int) 4 => array( 'Article' => array( [maximum depth reached] ) ), (int) 5 => array( 'Article' => array( [maximum depth reached] ) ), (int) 6 => array( 'Article' => array( [maximum depth reached] ) ), (int) 7 => array( 'Article' => array( [maximum depth reached] ) ), (int) 8 => array( 'Article' => array( [maximum depth reached] ) ), (int) 9 => array( 'Article' => array( [maximum depth reached] ) ), (int) 10 => array( 'Article' => array( [maximum depth reached] ) ), (int) 11 => array( 'Article' => array( [maximum depth reached] ) ), (int) 12 => array( 'Article' => array( [maximum depth reached] ) ), (int) 13 => array( 'Article' => array( [maximum depth reached] ) ), (int) 14 => array( 'Article' => array( [maximum depth reached] ) ) ), 'current_user' => null, 'logged_in' => false ) $articles = array( (int) 0 => array( 'Article' => array( 'id' => '21117', 'article_category_id' => '1', 'title' => 'Govt Sets Target of Achieving Six Percent Economic Growth in upcoming FY ', 'sub_title' => '', 'summary' => 'KATHMANDU: The government has estimated an economic growth rate of 6 per cent in the upcoming fiscal year and to limit inflation at 5.5 per cent. ', 'content' => '<p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"Arial Unicode MS","sans-serif"">KATHMANDU: The government has estimated an economic growth rate of 6 per cent in the upcoming fiscal year and to limit inflation at 5.5 per cent. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">Unveiling the new budget for FY 2024/025 in a joint meeting of the federal parliament on Tuesday, Finance Minister Pun shared the plan of achieving an economic growth rate of 6 per cent adding that the Nepal Rastra Bank would formulate the monetary policy to complement the government in implementing the policies and programmes stated in the budget speech. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">“With the implementation of the budget, economic activities would be expedited and production growth as well as employment generation would result in a sustainable, wide and inclusive economic growth rate,” the finance minister said. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">However, Finance Minister Pun said that economic growth is likely to be limited to 3.9 per cent in the current fiscal year against the target of a 6 per cent growth rate as economic activities could not expand as expected. -- RSS</span></span></span></p> <p> </p> ', 'published' => true, 'created' => '2024-05-29', 'modified' => '2024-05-29', 'keywords' => '', 'description' => '', 'sortorder' => '20844', 'image' => '20240529094456_20240527014844_20240426010045_20220817123841_economic-growth.jpg', 'article_date' => '2024-05-29 09:44:26', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => null, 'user_id' => '34' ) ), (int) 1 => array( 'Article' => array( 'id' => '21116', 'article_category_id' => '1', 'title' => 'Govt Removes VAT Imposed on Potato, Onion and Some Perishable Goods', 'sub_title' => 'Government Changes Tax Rates of Different Goods and Commodities ', 'summary' => 'KATHMANDU: The government has made changes in the tax rates of different goods and commodities through the upcoming fiscal year's budget announced on Tuesday. ', 'content' => '<p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif""><span style="font-size:13.5pt"><span style="font-family:"Arial Unicode MS","sans-serif"">KATHMANDU: The government has made changes in the tax rates of different goods and commodities through the upcoming fiscal year's budget announced on Tuesday. </span></span><br /> <span style="font-size:13.5pt"><span style="font-family:"Arial Unicode MS","sans-serif"">Unveiling the budget, Minister for Finance Barshaman Pun announced the reduction of the import fees and excise duty on the raw materials of drugs, induction stoves, yarn, helmets, incense sticks, sanitary pads and some of the raw materials of other goods to prioritize domestic industries. </span></span><br /> <span style="font-size:13.5pt"><span style="font-family:"Arial Unicode MS","sans-serif"">Likewise, Finance Minister Pun has scrapped the provision of VAT exemption being given to some goods, which, he said is aimed at expanding the base of tax and developing a clean tax system. </span></span><br /> <span style="font-size:13.5pt"><span style="font-family:"Arial Unicode MS","sans-serif"">"I have annulled the VAT imposed on potato, onion, apple and other vegetables and fruits. This shall help promote domestic production," Finance Minister Pun said. </span></span><br /> <span style="font-size:13.5pt"><span style="font-family:"Arial Unicode MS","sans-serif"">Similarly, the excise duty rate imposed on liquor, beer, tobacco and cigarettes has been increased. </span></span><br /> <span style="font-size:13.5pt"><span style="font-family:"Arial Unicode MS","sans-serif"">Furthermore, the existing threshold on mixed transactions of goods and services for registration in VAT has been increased to Rs 3 million. </span></span><br /> <span style="font-size:13.5pt"><span style="font-family:"Arial Unicode MS","sans-serif"">The green tax has been imposed on the import of petroleum products and coal. </span></span><br /> <span style="font-size:13.5pt"><span style="font-family:"Arial Unicode MS","sans-serif"">Likewise, the government has taken the policy to increase import tax and excise duty on some readymade goods for the protection of domestic industries. </span></span><br /> <span style="font-size:13.5pt"><span style="font-family:"Arial Unicode MS","sans-serif"">The income tax imposed on the payment of the interest rate of the banks and financial institutions has been decreased to lure foreign capital. </span></span><br /> <span style="font-size:13.5pt"><span style="font-family:"Arial Unicode MS","sans-serif"">Minister Pun also announced to develop a model of agreement to end the dual tax system to promote foreign investment from different source countries. </span></span><br /> <span style="font-size:13.5pt"><span style="font-family:"Arial Unicode MS","sans-serif"">The information technology-based industries would be given an exemption on the dividend tax if their profits were capitalized. </span></span><br /> <span style="font-size:13.5pt"><span style="font-family:"Arial Unicode MS","sans-serif"">The customs duty of 15 percent being charged for the import of steel milk can for the animal farms and industries producing more than 1,000 litres of milk daily has been reduced to just one percent. -- RSS </span></span></span></span></p> ', 'published' => true, 'created' => '2024-05-29', 'modified' => '2024-05-29', 'keywords' => '', 'description' => '', 'sortorder' => '20843', 'image' => '20240529091953_20240528092857_20240505062922_collage (72).jpg', 'article_date' => '2024-05-29 09:19:01', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => null, 'user_id' => '34' ) ), (int) 2 => array( 'Article' => array( 'id' => '21114', 'article_category_id' => '1', 'title' => 'Finance Minister Unveils Annual Budget of Rs 1.86 Trillion for FY 2024/025 ', 'sub_title' => '', 'summary' => 'KATHMANDU: The government has announced a budget of Rs 1.86 trillion for the upcoming fiscal year (FY 2024/025).', 'content' => '<p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"Arial Unicode MS","sans-serif"">KATHMANDU: The government has announced a budget of Rs 1.86 trillion for the upcoming fiscal year (FY 2024/025). Minister for Finance Barshaman Pun unveiled the budget in a joint meeting of the federal parliament on Tuesday afternoon. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">As per the announcement, the government has allocated Rs 1140.66 billion (61.31 percent) towards current expenditure while Rs 352.35 billion (18.94 percent) has been earmarked towards capital expenditure. Similarly, Rs 367.28 billion has been allocated for fiscal management. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">The size of the upcoming fiscal year's budget is 6.2 percent more than the current fiscal year’s budget while it is 21.56 percent more than the revised estimation of the budget of the current fiscal year. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">The government has allocated Rs 408.87 billion for fiscal transfer to the provinces and local levels. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">The major sources of the budget estimation for the upcoming fiscal year include Rs 1260.3 billion from revenue collection and Rs 52.33 billion from foreign aid and Rs 217.67 billion from foreign loan assistance. Likewise, Rs 330 billion would be collected from internal loans. --RSS </span></span></span><br /> </p> ', 'published' => true, 'created' => '2024-05-28', 'modified' => '2024-05-28', 'keywords' => '', 'description' => '', 'sortorder' => '20841', 'image' => '20240528063039_PRO-KTM-15066A8196copy.jpg', 'article_date' => '2024-05-28 18:30:05', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => null, 'user_id' => '34' ) ), (int) 3 => array( 'Article' => array( 'id' => '21113', 'article_category_id' => '1', 'title' => 'IT Parks in Kathmandu and Butwal', 'sub_title' => '', 'summary' => 'KATHMANDU: The government has announced that IT parks will be established in Kathmandu Valley and Butwal. ', 'content' => '<p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif""><span style="font-size:14.0pt"><span style="font-family:"Cambria","serif"">KATHMANDU: The government has announced that IT parks will be established in Kathmandu Valley and Butwal. Presenting FY 2024/25 federal budget at the parliament, Finance Minister Barshaman Pun made such announcement. These parks, according to Pun, will be equipped with essential amenities such as high-speed internet, reliable electricity, and robust security infrastructure.</span></span></span></span></p> <p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif""><span style="font-size:14.0pt"><span style="font-family:"Cambria","serif"">To encourage the growth of the domestic IT sector, the government has pledged to offer complimentary access to the park's facilities for a period of three years.</span></span></span></span></p> <p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif""><span style="font-size:14.0pt"><span style="font-family:"Cambria","serif"">The government has also said that it has included a provision mandating government agencies to prioritize the utilization of domestically produced software. Furthermore, internships in the IT industry will be facilitated for undergraduate and postgraduate students studying information technology subjects, aiming to bridge the gap between academia and industry.</span></span></span></span></p> <p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif""><span style="font-size:14.0pt"><span style="font-family:"Cambria","serif"">In a bid to position Nepal as a prominent hub for information technology, Finance Minister Pun has set a target for the IT industry to achieve Rs 30 trillion in exports over the next decade.</span></span></span></span></p> <p> </p> ', 'published' => true, 'created' => '2024-05-28', 'modified' => '2024-05-28', 'keywords' => '', 'description' => '', 'sortorder' => '20840', 'image' => '20240528054528_20230907105804_internet.jpg', 'article_date' => '2024-05-28 17:45:06', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => null, 'user_id' => '34' ) ), (int) 4 => array( 'Article' => array( 'id' => '21112', 'article_category_id' => '1', 'title' => 'Investment framework of Nijgadh International Airport to be finalized in next FY', 'sub_title' => '', 'summary' => 'KATHMANDU: Finance Minister Barshaman Pun unveiled plans to finalize the investment framework and preparatory work within the next fiscal year to construct the Nijgadh International Airport through a public-private partnership during the budget presentation for the financial year (FY) 2024/25.', 'content' => '<p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif""><span style="font-size:14.0pt"><span style="font-family:"Cambria","serif"">KATHMANDU: Finance Minister Barshaman Pun unveiled plans to finalize the investment framework and preparatory work within the next fiscal year to construct the Nijgadh International Airport through a public-private partnership during the budget presentation for the financial year (FY) 2024/25.</span></span></span></span></p> <p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif""><span style="font-size:14.0pt"><span style="font-family:"Cambria","serif"">Furthermore, Minister Pun announced in the budget that the construction of the second terminal building of Tribhuvan International Airport will commence. Additionally, it was stated that the Bharatpur Airport will be completed within the upcoming fiscal year, with an allocation of Rs 360 million for this purpose. Moreover, upgrades for airports in Surkhet, Rolpa Barichaur, Dang Tarigaon, Jumla, Dhangadhi, and Nepalgunj have been announced, with a total allocation of Rs 3.77 billion for civil aviation sector.</span></span></span></span></p> <p> </p> ', 'published' => true, 'created' => '2024-05-28', 'modified' => '2024-05-28', 'keywords' => '', 'description' => '', 'sortorder' => '20839', 'image' => '20240528053516_20220919105145_nijgadh.jpg', 'article_date' => '2024-05-28 17:34:47', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => null, 'user_id' => '34' ) ), (int) 5 => array( 'Article' => array( 'id' => '21103', 'article_category_id' => '1', 'title' => 'Joint Meeting of Federal Parliament Begins, FinMin Pun Presents Budget', 'sub_title' => '', 'summary' => 'KATHMANDU: A joint meeting of both the houses of the Federal Parliament has started after the government agreed to form a parliamentary probe committee as per the demand of the Nepali Congress, the main opposition party. ', 'content' => '<p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif"">KATHMANDU: A joint meeting of both the houses of the Federal Parliament has started after the government agreed to form a parliamentary probe committee as per the demand of the Nepali Congress, the main opposition party. During today's parliamentary meeting, Finance Minister Barshman Pun is presenting the budget for the next financial year (FY) 081/82.</span></span></p> <p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif"">The budget speech, which was scheduled to be held at 1 pm today, started two and a half hours late. </span></span></p> <p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif"">The joint meeting of parliament was postponed for two hours at the request of the government.</span></span></p> ', 'published' => true, 'created' => '2024-05-28', 'modified' => '2024-05-28', 'keywords' => '', 'description' => '', 'sortorder' => '20838', 'image' => '20240528035557_budget.jpg', 'article_date' => '2024-05-28 15:55:18', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '34' ) ), (int) 6 => array( 'Article' => array( 'id' => '21111', 'article_category_id' => '1', 'title' => 'Govt Allocates Rs 116 Billion for Social Security', 'sub_title' => '', 'summary' => 'KATHMANDU: The government has allocated Rs 116 billion for social security allowance for the next iscal year.', 'content' => '<p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"ekmukta","serif"">KATHMANDU: The government has allocated Rs </span><span style="font-family:"Arial Unicode MS","sans-serif"">116</span><span style="font-family:"ekmukta","serif""> billion for social security allowance for the next iscal year.</span></span></span></p> <p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"ekmukta","serif"">Announcing the budget for the fiscal year </span><span style="font-family:"Arial Unicode MS","sans-serif"">081/82 </span><span style="font-family:"ekmukta","serif"">on Tuesday, Finance Minister Barshman Pun informed that a budget of Rs Rs </span><span style="font-family:"Arial Unicode MS","sans-serif"">116</span><span style="font-family:"ekmukta","serif""> billion has been allocated as social security allowance by giving priority to this sector.</span></span></span></p> <p> </p> <p> </p> <p> </p> ', 'published' => true, 'created' => '2024-05-28', 'modified' => '2024-05-28', 'keywords' => '', 'description' => '', 'sortorder' => '20837', 'image' => '20240528044503_SSF (1).jpg', 'article_date' => '2024-05-28 16:44:12', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '34' ) ), (int) 7 => array( 'Article' => array( 'id' => '21110', 'article_category_id' => '1', 'title' => 'Govt Earmarks Rs 74.5 Billion for Development of Energy Sector', 'sub_title' => '', 'summary' => 'KATHMANDU: The government has allocated Rs 74.5 billion for the development of the energy sector.', 'content' => '<p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"ekmukta","serif"">KATHMANDU: The government has allocated Rs </span><span style="font-family:"Arial Unicode MS","sans-serif"">74</span><span style="font-family:"ekmukta","serif"">.5 billion for the development of the energy sector.</span></span></span></p> <p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"ekmukta","serif"">Finance Minister Barshman Pun made this announcement while reading the budget for the upcoming fiscal year</span> <span style="font-family:"ekmukta","serif"">on Tuesday. </span></span></span></p> <p> </p> <p> </p> <p> </p> ', 'published' => true, 'created' => '2024-05-28', 'modified' => '2024-05-28', 'keywords' => '', 'description' => '', 'sortorder' => '20836', 'image' => '20240528043849_hydro.jpg', 'article_date' => '2024-05-28 16:37:44', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '34' ) ), (int) 8 => array( 'Article' => array( 'id' => '21109', 'article_category_id' => '1', 'title' => 'Govt Allocates Rs 1.65 Billion for Agricultural Insurance Subsidy', 'sub_title' => '', 'summary' => 'KATHMANDU: The government has allocated a budget of Rs 1.65 billion for subsidy on the premium of agriculture and livestock insurance.', 'content' => '<p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"ekmukta","serif"">KATHMANDU: The government has allocated a budget of Rs 1.65 billion for subsidy on the premium of agriculture and livestock insurance. Finance Minister Barshman Pun, while presenting the budget for the next fiscal year in the federal parliament on Tuesday, informed that funds have been allocated for grants under this segment.</span></span></span></p> <p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"ekmukta","serif"">The government has been giving 80 percent subsidy on premiums for agriculture and livestock insurance. But the insurance companies have not been able to get payment from the government due lack of enough budget.</span></span></span></p> <p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"ekmukta","serif"">The insurance companies have stopped the agricultural insurance since last March because the government has not released the subsidies. Insurance companies have yet to receive payment of Rs 2 billion from the government.</span></span></span></p> <p> </p> <p> </p> <p> </p> <p> </p> ', 'published' => true, 'created' => '2024-05-28', 'modified' => '2024-05-28', 'keywords' => '', 'description' => '', 'sortorder' => '20835', 'image' => '20240528043443_agriiiii.JPG', 'article_date' => '2024-05-28 16:33:15', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => null, 'user_id' => '34' ) ), (int) 9 => array( 'Article' => array( 'id' => '21108', 'article_category_id' => '1', 'title' => 'Agriculture Sector gets Budget of Rs 57.29 Billion, Rs 27.95 Billion Allocated for Fertilizer', 'sub_title' => '', 'summary' => 'KATHMANDU: The government has allocated a budget of Rs 57.29 billion for the agriculture in the next fiscal year.', 'content' => '<p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"ekmukta","serif"">KATHMANDU: The government has allocated a budget of Rs 57.29 billion for the agriculture in the next fiscal year.</span></span></span></p> <p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"ekmukta","serif"">Announcing the budget for the next fiscal year on Tuesday, Finance Minister Barshman Pun said that the government has allocated Rs 57.29 billion for the agriculture sector.</span></span></span></p> <p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"ekmukta","serif"">He added that the government has allocated a subsidized amount of Rs 27.95 billion for timely management of fertilizer for the farmers. </span></span></span></p> <p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"ekmukta","serif"">The government also announced to promote the production and use of organic food and fertilizers and discourage chemical pesticides and promote biological pesticides. </span></span></span></p> <p> </p> <p> </p> <p> </p> <p> </p> ', 'published' => true, 'created' => '2024-05-28', 'modified' => '2024-05-28', 'keywords' => '', 'description' => '', 'sortorder' => '20834', 'image' => '20240528042739_Agriculture-Loan_55.jpg', 'article_date' => '2024-05-28 16:24:31', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '34' ) ), (int) 10 => array( 'Article' => array( 'id' => '21107', 'article_category_id' => '1', 'title' => 'Govt Declares Next 10 Years as the Decade of Investment in Agriculture', 'sub_title' => '', 'summary' => 'KATHMANDU: The government has declared the next 10 years as the investment decade in agriculture.', 'content' => '<p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"ekmukta","serif"">KATHMANDU: The government has declared the next </span><span style="font-family:"Arial Unicode MS","sans-serif"">10</span><span style="font-family:"ekmukta","serif""> years as the investment decade in agriculture.</span></span></span></p> <p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"ekmukta","serif"">Presenting the budget for the next fiscal year in a joint meeting of both the houses of the Federal Parliament on Tuesday (today), Finance Minister Barshman Pun said that the decade of investment in agriculture will be celebrated from </span><span style="font-family:"Arial Unicode MS","sans-serif"">2081 </span><span style="font-family:"ekmukta","serif"">BS to </span><span style="font-family:"Arial Unicode MS","sans-serif"">2091</span><span style="font-family:"ekmukta","serif""> BS</span><span style="font-family:"Arial Unicode MS","sans-serif"">.</span></span></span></p> <p> </p> <p> </p> <p> </p> ', 'published' => true, 'created' => '2024-05-28', 'modified' => '2024-05-28', 'keywords' => '', 'description' => '', 'sortorder' => '20833', 'image' => '20240528041659_agri maize.jpg', 'article_date' => '2024-05-28 16:16:27', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => null, 'user_id' => '34' ) ), (int) 11 => array( 'Article' => array( 'id' => '21106', 'article_category_id' => '1', 'title' => 'Government Allocates Rs 2.98 Billion for Prime Minister Agriculture Modernization Project', 'sub_title' => '', 'summary' => 'KATHMANDU: The government has allocated Rs 2.98 billion for the Prime Minister Agriculture Modernization Project.', 'content' => '<p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"ekmukta","serif"">KATHMANDU: The government has allocated Rs </span><span style="font-family:"Arial Unicode MS","sans-serif"">2.98</span><span style="font-family:"ekmukta","serif""> billion for the Prime Minister Agriculture Modernization Project.</span></span></span></p> <p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"ekmukta","serif"">Finance Minister Barshman Pun said this while announcing the budget for the next fiscal year </span><span style="font-family:"Arial Unicode MS","sans-serif"">081-82</span><span style="font-family:"ekmukta","serif""> on Tuesday.</span></span></span></p> <p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"ekmukta","serif"">The budget statement mentions that the government plans to expand fruit cultivation on </span><span style="font-family:"Arial Unicode MS","sans-serif"">2</span><span style="font-family:"ekmukta","serif"">,</span><span style="font-family:"Arial Unicode MS","sans-serif"">000 </span><span style="font-family:"ekmukta","serif"">hectares of land in the highlands. Finance Minister Pun added that the government also plans to expand </span><span style="font-family:"Arial Unicode MS","sans-serif"">14 </span><span style="font-family:"ekmukta","serif"">government farms to produce at least </span><span style="font-family:"Arial Unicode MS","sans-serif"">700</span><span style="font-family:"ekmukta","serif"">,</span><span style="font-family:"Arial Unicode MS","sans-serif"">000 </span><span style="font-family:"ekmukta","serif"">quality fruit saplings.</span></span></span></p> ', 'published' => true, 'created' => '2024-05-28', 'modified' => '2024-05-28', 'keywords' => '', 'description' => '', 'sortorder' => '20832', 'image' => '20240528041255_Agri.jpg', 'article_date' => '2024-05-28 16:12:24', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => null, 'user_id' => '34' ) ), (int) 12 => array( 'Article' => array( 'id' => '21105', 'article_category_id' => '1', 'title' => 'Govt to Bring 1.6 Million Tourists Next Year', 'sub_title' => '', 'summary' => 'KATHMANDU: The government has set a target of bringing in 1.6 million tourists in the next fiscal year.', 'content' => '<p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif""><span style="font-size:14.0pt"><span style="font-family:"ekmukta","serif"">KATHMANDU: The government has set a target of bringing in 1.6 million tourists in the next fiscal year.</span></span></span></span></p> <p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif""><span style="font-size:14.0pt"><span style="font-family:"ekmukta","serif"">Announcing the budget for the next fiscal year on Tuesday, Finance Minister Barshman Pun said that the government has set a target to bring 1.6 million tourists to Nepal in the next fiscal year.</span></span></span></span></p> <p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif""><span style="font-size:14.0pt"><span style="font-family:"ekmukta","serif"">He informed that the government has allocated a budget of Rs 5.46 billion for tourism promotion.</span></span></span></span></p> ', 'published' => true, 'created' => '2024-05-28', 'modified' => '2024-05-28', 'keywords' => '', 'description' => '', 'sortorder' => '20831', 'image' => '20240528040520_Tourist.jpg', 'article_date' => '2024-05-28 16:04:42', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => null, 'user_id' => '34' ) ), (int) 13 => array( 'Article' => array( 'id' => '21104', 'article_category_id' => '1', 'title' => 'Commercial Production of Marijuana to Begin from Next FY', 'sub_title' => '', 'summary' => 'KATHMANDU: The government is planning to arrange commercial production of marijuana from the next fiscal year.', 'content' => '<p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif"">KATHMANDU: The government is planning to arrange commercial production of marijuana from the next fiscal year. Finance Minister Barshman Pun made this announced in the budget speech on Tuesday.</span></span></p> <p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif"">Minister Pun said that legal arrangements will be made for the commercial production of marijuana for medicinal purpose within the next fiscal year.</span></span></p> ', 'published' => true, 'created' => '2024-05-28', 'modified' => '2024-05-28', 'keywords' => '', 'description' => '', 'sortorder' => '20830', 'image' => '20240528040050_20231107113426_20230529074926_20190221010550_adsfff.jpg', 'article_date' => '2024-05-28 16:00:10', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => null, 'user_id' => '34' ) ), (int) 14 => array( 'Article' => array( 'id' => '21102', 'article_category_id' => '1', 'title' => 'NPC Endorses Govt's Annual Development Programme, Medium Term Expenditure Framework', 'sub_title' => '', 'summary' => 'KATHMANDU: A meeting of the National Planning Commission has approved the government's annual development programme and three-year medium-term expenditure framework. ', 'content' => '<p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"Arial Unicode MS","sans-serif"">KATHMANDU: A meeting of the National Planning Commission has approved the government's annual development programme and three-year medium-term expenditure framework. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">The full meeting held at the Office of the Prime Minister and Council of Ministers under chairmanship of Prime Minister Pushpa Kamal Dahal on Tuesday passed both the documents to be tabled in the parliament along with the budget. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">The annual development programme is being tabled in the parliament along with the budget. PM Dahal’s private secretariat said that the government will maintain financial discipline, efficiency in appropriation, and budget allocation according to the spending capacity of the government.</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"">On the occasion, Prime Minster Pushpa Kamal Dahal said he had directed to make people-oriented budget and Finance Minister Barsha Man Pun has prepared the budget accordangly. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">Finance Minister Pun, NPC vice-chair Dr Min Bahadur Shrestha, Chief Secretary Baikuntha Aryal and members and member-secretary were present in the meeting. -- RSS </span></span></span></p> <p> </p> ', 'published' => true, 'created' => '2024-05-28', 'modified' => '2024-05-28', 'keywords' => '', 'description' => '', 'sortorder' => '20829', 'image' => '20240528014241_20240514025910_20240115115317_pm.jpg', 'article_date' => '2024-05-28 13:42:02', '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
