My Republica

Rudra Pangeni

He is senior reporter with Republica and reports on economy, infrastructure, industry, trade, agriculture etc

Why earlier bid was terminated

May 2, 2018 09:32 AM

KATHMANDU, May 2: In June, 2014, the evaluation of proposals for building the Mugling-Narayanghat road section was in the final leg and the Department of Road was waiting for the final response from the World Bank, the financer of the project, to sign the contract agreement and kick start works.

Average Nepali expected to earn US $1,004 this fiscal year

April 26, 2018 06:20 AM

KATHMANDU, April 26: Each Nepali will earn an average of US $ 1,004 (Rs 106,333 as per Wednesday's exchange rate) in the current fiscal year, which ends in mid-July.

Officials worry over drop in customs revenue from RMG, tobacco

April 25, 2018 03:47 AM

KATHMANDU, April 25: The drop in revenue from import of readymade garments, and tobacco products and its raw materials in the first eight months of current fiscal year, i.e. from mid-July 2017 to mid-February 2018, has left government officials worried.

End of transport syndicate can bring down price of daily consumables

April 23, 2018 06:30 AM

KATHMANDU, April 23: Transport syndicate is not only increasing travel prices and affecting quality of public transportation. This unholy nexus of transporters is also affecting prices of daily consumables like food materials and vegetables as well as fuel and apparel.

DRI loses additional authority delegated by former finance ministers

April 5, 2018 04:00 AM

KATHMANDU, April 5: The government has stripped off the Department of Revenue Investigation (DRI) of additional authorities delegated by ministerial-level decisions of the Ministry of Finance.

55th audit report to be ministry-wise again

April 3, 2018 06:15 AM

KATHMANDU, April 3: The 55th audit report of all public offices scheduled to be published next week will have major changes compared to the 54th report of last year. However, what will be lacking will be issue-based reporting.

Finance minister makes a diagnosis of economy

March 31, 2018 08:40 AM

Slams privatization of public enterprises

'Climate relevant' budget allocation said to be unrealistic

March 25, 2018 07:50 AM

KATHMANDU, March 25: The government has designated  Rs 393.4 billion in the budget allocation for the current fiscal year as 'climate-relevant according to the budget red book. But this whopping budget for climate resilient spending is said to be not realistic.

Govt mulls budget transfer to local bodies based on spending

March 20, 2018 07:50 AM

KATHMANDU, March 20: The federal government is now mulling to stop fiscal transfers to local levels in lump sum in the next fiscal year to cope with the crunch of spendable amount in the government treasury.

Project cost to reach about Rs 50 billion

March 18, 2018 08:35 AM

KATHMANDU, March 18: The project cost of the much-awaited Upper Tamakoshi Hydropower project is estimated to reach close to Rs 50 billion. This will mean a cost increased of Rs 14 billion.

Traders, govt staff colluded to evade Rs 350m a day in customs

March 3, 2018 02:30 AM

KATHMANDU, March 3: Traders in cahoots with government employees were evading customs duty worth around Rs 350 million each day, according to comparative figures between Friday and the recent past.

Indian firm to produce anti-cancer drug in Nepal

February 20, 2018 05:30 AM

KATHMANDU, Feb 20: Hospitals providing cancer treatment have received more patients in recent years. Another indication of the rising incidence of cancer here is the fact that an Indian pharmaceuticals company has entered the country to build a cancer drug plant in Bhaktapur to cash in on the demand.

Contractors, officials collude to steal Rs 8-14 billion

January 15, 2018 11:40 AM

In Nepal, half a dozen contractors exercise monopoly over construction contracts. The cartel holds sway over entire construction administration and political sector. They huddle together before bidding for large infrastructure projects.  A report by Public Procurement Monitoring Office under Prime Minister's Office has exposed their workings.

Per capita income highest in Province 3, lowest in 7

January 9, 2018 01:29 AM

KATHMANDU, Jan 9: A person living in Province 3 earns more than roughly twice as much as someone in Province 6 or 7, according to an analysis of government data on per capita income done by Republica.

Plan to downsize Tamakoshi-3 causes controversy

January 7, 2018 07:35 AM

KATHAMNDU, Jan 6: Utilizing resources to optimum capacity is the rule of thumb  while fixing the installed capacity of any hydropower plant. But fixing such capacity for Tamakoshi-3 Hydropower Project has caused controversy.

Nigerian firm denied license for limestone mine since 3 years

January 2, 2018 06:55 AM

KATHMANDU, Jan 2: Then prime minister Pushpa Kamal Dahal decided to award limestone mines to Dangote Cement Nepal Pvt Ltd  on January 8 last year. The decision taken at a meeting of the Investment Board Nepal (IBN), was passed on to the Department of Mines and Geology for implementation. But the Nigerian conglomerate with cement plants in 14  countries was not assigned the mines for setting up its plant that would employ over 1,000 people.

Contractors, suppliers paid Rs 20 billion in bribes last year

December 25, 2017 10:44 AM

KATHMANDU, Dec 25: In the last fiscal year 2016/17, the government spent Rs 204 billion in capital expenditure injected in infrastructure projects, purchasing machinery and equipment for capital formation.

Poverty under multi-dimensional index halved in 8 yrs

December 21, 2017 08:15 AM

KATHMANDU, Dec 21: The multi-dimensional poverty index, which counts deprivation under indicators including sanitation, drinking water, education and health, has halved in 8 years, according to the latest Multidimensional Poverty Index (MPI) report released by the National Planning Commission on Wednesday.

Rs3.54b spent on skill development largely 'a waste'

December 17, 2017 09:12 AM

KATHMANDU, Dec 17: Development projects and programs are suffering a skilled-manpower crunch, according to several reports on the periodic plans of the National Planning Commission.

Cartel controls vegetables prices in Kalimati market: Farmers

December 15, 2017 15:14 PM

KATHMANDU, Dec 15: Laxman Parajuli, a vegetable farmer of Mandan-Deupur Municipality of Kavre sends his produce, mostly tomatoes, to Kalimati market every alternate day. But he does not how much his produce fetches as traders themselves fix the price. When Parajuli called the trader over the phone the next day, he found out his tomatoes will fetch him Rs 1,400 to Rs 1,500 per crate (25 kg).