RAJESH KHANAL

The contributor for Republica.
news@myrepublica.com

Govt introduces flexible tax policy for small businesses

Published On: May 29, 2020 06:30 PM NPT By: RAJESH KHANAL

KATHMANDU, May 29: The budget for fiscal year 2020/21 unveiled by the government on Thursday was expected to restructure the tax system largely along with revising income tax slabs to invigorate the economic activities that have been largely hit by the over two months of the nationwide lockdown.

Govt announces farmer-focused programs to promote agriculture

Published On: May 28, 2020 05:37 PM NPT By: RAJESH KHANAL

KATHMANDU, May 28: Prioritising the agriculture sector, the government has introduced a number of farmers-focused programs through the budget for the next fiscal year 2020/21, allocating Rs 41 billion for the promotion of agricultural produce and Rs 27 billion for irrigation alone.

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.

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.

Govt says lack of data on poor snagging distribution of relief

Published On: April 11, 2020 07:42 AM NPT By: RAJESH KHANAL

KATHMANDU, April 11: The government's much-talked-about identity card distribution for the poor was stuck in limbo for over eight years and now they are without proper grass-roots data for distributing edibles as relief to the needy.

Govt bans imports of high-end cars, expensive edibles

Published On: March 31, 2020 04:25 AM NPT By: RAJESH KHANAL

KATHMANDU, March 31: The government has barred import of luxury vehicles and a number of expensive edibles to avoid possible fall in foreign currency reserve of the country as economic activities come to a halt due to COVID-19 outbreak.

Gas bottlers asked to sell half-filled cooking gas cylinders

Published On: March 27, 2020 06:05 AM NPT By: RAJESH KHANAL

KATHMANDU, March 27: Nepal Oil Corporation (NOC), in a bid to ease the supply of cooking gas, has directed the gas bottling companies to sell half-filled cylinders to the customers.

Effective database systems for co-ops in pipeline

Published On: March 8, 2020 09:30 AM NPT By: RAJESH KHANAL

KATHMANDU, March 8: The government in a bid to improve information management system of cooperatives has stepped up to enforce Copomis and Credit Information System in the sector.

Medicine stocks enough for at least five months: Govt, drug makers

Published On: March 5, 2020 08:00 AM NPT By: RAJESH KHANAL

KATHMANDU, March 5: The availability of medicines in the domestic market will not be affected for at least the next five months as the country has adequate stocks, said government officials and private sector drugs manufacturers.

Melamchi project gets new mid-July deadline

Published On: February 14, 2020 07:30 AM NPT By: RAJESH KHANAL

KATHMANDU, Feb 14: The government on Thursday set yet another deadline of mid-July 2020 to bring Melamchi waters to Kathmandu Valley.

Government lowers budget numbers but claims it will meet growth target

Published On: February 13, 2020 08:13 AM NPT By: RAJESH KHANAL

KATHMANDU, Feb 13: The government on Wednesday expressed its firm determination to achieve its target of economic growth after revising the earlier announced budget size and expected expenditures allocated for development works.

NEA seeks to charge variable tariffs by output season, time of day

Published On: February 12, 2020 08:24 AM NPT By: RAJESH KHANAL

KATHMANDU, Feb 12: Nepal Electricity Authority (NEA), after a long hiatus, has again proposed seasonal tariff rates for power consumers.

India turns positive to allowing Nepali LPG trucks on Indian soil

Published On: January 23, 2020 08:09 AM NPT By: RAJESH KHANAL

KATHMANDU, Jan 23: The Indian government has struck a positive note on allowing LPG container bullets with Nepali license plates to transport cooking gas from India, asking the Nepali authorities to coordinate with Indian officials concerned.

Frequent power-trips mock govt call for more electricity use

Published On: January 9, 2020 07:47 AM NPT By: RAJESH KHANAL

KATHMANDU, Jan 9: Consumers have started facing recurring problem of power-trips at a time the government itself has been pushing the people to increase the use of electricity for daily household needs. This has left many consumers opting to buy electrical appliances for household use highly disappointed.

Gas bottlers flout govt safety regulations

Published On: January 5, 2020 07:15 AM NPT By: RAJESH KHANAL

KATHMANDU, Jan 5: As many as 15 bottlers of Liquefied Petroleum (LP) gas are yet to acquire the Nepal Standard (NS) certification, although the Nepal Bureau of Standards and Metrology (NBSM) directed these bottlers to comply with the safety norms some three years ago.

20 ways to help check climate change

Published On: January 1, 2020 11:10 AM NPT By: RAJESH KHANAL

Climate change is one of the burning issues that countries around the world, including Nepal, are currently facing. It is the abnormal variations to the climate, which is largely attributed to the increased levels of atmospheric carbon dioxide and other harmful gases produced as a result of various types of human activities. Global warming, a rise in average global temperature, is said to have resulted from climate change. Here are some tips to address this pressing issue.

Sugarcane farmers high and dry as mills delay payment since years

Published On: December 31, 2019 06:47 AM NPT By: RAJESH KHANAL

KATHMANDU, Dec 31: Sugarcane farmers, who have not been paid by the sugar mills for their crops, are staging a sit-in in the capital since the past four days. However, neither the government nor the sugar mills have done anything to address their grievance

Increasing dependence on foreign loans calls for prudent use of the fund

Published On: December 12, 2019 08:44 AM NPT By: RAJESH KHANAL

KATHMANDU, Dec 12: Nepal received foreign loans worth Rs 24.95 billion in the first four months of the current fiscal year, more than double the amount that the country took from foreign donors during the same period last year.

Debentures draw lukewarm response

Published On: December 4, 2019 10:35 AM NPT By: RAJESH KHANAL

KATHMANDU, Dec 4: A number of commercial banks have been issuing debentures to meet mandatory requirements forwarded by the regulator even though many of them are receiving poor response from investors.

India agrees to allow Nepali cargo vessels on the Ganges

Published On: November 28, 2019 09:09 AM NPT By: RAJESH KHANAL

KATHMANDU, Nov 28: Nepal and India have finalized the modality for allowing Nepal to operate its cargo vessels on three inland waterways of India.