My Republica

Dilip Paudel

The author, award-winning investigative journalist, serves as the Head of the Business Bureau at Nagarik Daily. He covers issues related to business, corruption, government and trade, fiscal and monetary policies.
news@myrepublica.com

Depositors lose billions of rupees due to lack of effective regulation of cooperatives

Published On: June 29, 2023 04:20 PM NPT By: Dilip Paudel

KATHMANDU, June 29: Depositors have lost billions of rupees due to the lack of effective regulation of cooperative institutions by the government. Due to the lack of effective regulation of cooperatives, deposits worth billions of rupees are at risk after several cooperative operators invested recklessly.

Govt entrusting same company to print passports for past 13 years

Published On: June 25, 2023 01:30 PM NPT By: Dilip Paudel

KATHMANDU, June 25: Due to inadequate preparation, the government is currently making arrangements to print about two million passports through variations, without conducting an open competition. After the bidding process was not initiated in time, France's Idemia company, which has been printing passports for about the past 13 years, is going to be entrusted with the printing of passports again.

Govt bodies found negligent in constructing numerous multi-billion buildings without house design approval

Published On: June 16, 2023 05:20 PM NPT By: Dilip Paudel

KATHMANDU, June 16: It has been found that government agencies, responsible for enforcing regulations, have constructed multiple buildings in the Kathmandu Valley without adhering to prescribed standards and with investments worth millions of rupees. Despite the requirement of obtaining house design approval from the Kathmandu Metropolitan City for construction projects, government agencies have failed to enforce this regulation. Notably, government-owned institutions such as the Civil Aviation Authority of Nepal (CAAN), Nepal Rastra Bank, Nepal Telecom, and Rastriya Banijya Bank (RBB) have constructed buildings without obtaining house design approval.

Budget ‘mocks’ federalism

Published On: June 15, 2023 09:20 PM NPT By: Dilip Paudel

KATHMANDU, June 15: After the country adopted federalism, the general public was expecting services of Kathmandu-based Singha Durbar to reach each and every village. There was a general expectation and belief that the development model would change.

Lack of industrialization hampers GDP growth

Published On: June 8, 2023 07:40 PM NPT By: Dilip Paudel

KATHMANDU, June 8: Due to the lack of industrialization in the country, the contribution of the industrial sector to the Gross Domestic Product (GDP) is low. Although the government has been saying every year that it will create an industrial-friendly environment and increase domestic production, the production has not been able to increase.

Cement production cut down by 70 percent

Published On: January 29, 2023 09:30 AM NPT By: Dilip Paudel

KATHMANDU, Jan 29: The cement industry has cut its production by up to 70 percent due to the drop in demand in the market. Due to the heavy decline in the demand for cement due to stagnation of development projects resulting from liquidity crisis in banks, reduction in capital expenditure, lack of construction materials, the production has been affected.

Govt brings Rs 500 million subsidy program to attract youths to farming

Published On: August 18, 2019 07:35 AM NPT By: Dilip Paudel

KATHMANDU, Aug 18: The grant will be focused on providing the grant to individuals returning from foreign employment and educated youths.

Nepali, Indonesian entrepreneurs discuss tourism cooperation

Published On: April 6, 2019 07:13 AM NPT By: Dilip Paudel

BALI, Indonesia, April 6: Tourism entrepreneurs of Nepal and Indonesia have started dialogue to promote tourism between the two countries.