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.
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.
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.
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.
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.
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.
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.
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.
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.
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.
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.
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.
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).