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'School Meal Program' to be expanded across the country
Published On: May 28, 2020 05:30 PM NPT By: Republica
KATHMANDU: The government has announced that it will expand the 'School Meal Program' across the country.
Budget doubled for PM Employment Program
Published On: May 28, 2020 05:04 PM NPT By: Republica
KATHMANDU: The government has increased the budget for the Prime Minister Employment Program by more than two folds for the next fiscal year 2020/2021.
Govt allocates Rs 6b to fight COVID-19 pandemic
Published On: May 28, 2020 05:00 PM NPT By: Republica
KATHMANDU: At a time when the whole world has been battling hard to fight the COVID-19 pandemic, the government has allocated a total of Rs six billion for the fight against the deadly virus.
Will the budget be a sharp departure from the previous ones?
Published On: May 28, 2020 11:25 AM NPT By: Republica
KATHMANDU, May 28: The government is unveiling its budget for the next fiscal year 2020/21 later today. Minister for Finance Yuba Raj Khatiwada is scheduled to present the budget -- the estimates of expenditures and revenues of the government -- at a joint meeting of the federal parliament at 4 PM today. The federal government is bound by the constitution to present its budget on Jestha 15 each year for the upcoming fiscal.
Majority of tourists visited Nepal for entertainment purpose in 2019
Published On: May 27, 2020 09:16 PM NPT By: Republica
KATHMANDU, May 27: Notwithstanding the fact that Nepal is popular for trekking and mountaineering among foreigners, an overwhelming majority of tourists who visited Nepal in the year 2019 are found to have come here for entertainment purposes.
Tourism minister directs LDT to complete construction works of Lumbini Master Plan on time
Published On: May 27, 2020 09:07 PM NPT By: Republica
KATHMANDU, May 27: The government has directed the Lumbini Development Trust (LDT) to complete construction works as stipulated in the Lumbini Master Plan on time.
Public enterprises continue dismal performance despite massive state investments, post 2% RoI
Published On: May 27, 2020 07:05 PM NPT By: RAJESH KHANAL
KATHMANDU, May 27: The government’s revenue from the dividend of public enterprises in the fiscal year 2018/19 declined by 4.28% to Rs 9.47 billion, compared to the amount in 2017/18.
Economic Survey with ‘outdated’ data gives false narrative of economy hard hit by coronavirus
Published On: May 27, 2020 07:04 PM NPT By: Sagar Ghimire
KATHMANDU, May 27: The government unveiled the Economic Survey of the current fiscal year 2019/20 on Tuesday, its assessment of the performance of the country's various economic and financial indicators. But, reading this report in the end of May will take you back to mid-March, and gives you a false sense that the country's economy has been doing fairly well.
Govt fails to check ever-expanding unproductive expenses this year too
Published On: May 27, 2020 08:05 AM NPT By: RAJESH KHANAL
KATHMANDU, May 26: The total investment from the government and the private sector has been projected to decline by 3.4 percent to Rs 1.88 trillion in the current fiscal year. The government has blamed the threat of COVID-19 and measures put in place to curb it for the decline.
Industrialists slam new electricity tariff rates proposed by NEA
Published On: May 26, 2020 09:00 AM NPT By: Republica
KATHMANDU, May 25: As the Nepal Electricity Authority (NEA) has stepped up efforts to revise the electricity tariff rates stating that the new rates will reduce the cost burden on household consumers, the private sector has criticized the new rates arguing that they will adversely affect the growth of the industrial sector.
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