A cabinet meeting on Wednesday formed the committee under Minister for Finance Surendra Pandey. However, the meeting failed to agree on other members for the committee. [break]
Similarly, the cabinet has entrusted NRB with monitoring the Employee´s Provident Fund and the Citizens´ Investment Trust.
According to Minister for Information and Communications Shankar Pokharel, the cabinet also decided to hold talks with other political parties to garner a consensus on the seventh amendment bill allowing the president and vice-president to take their oath of office and secrecy in any mother tongue spoken in Nepal.
The bill will allow Vice President-elect Paramananda Jha to take a fresh oath in any mother tongue spoken in Nepal. His original oath-taking in Hindi was nullified by the Supreme Court.
In yet another decision, the government has directed the Ministry of Forest and Soil Conservation to implement the recommendations of the parliamentary committee on natural resources and means to stop the export of sand and rock to India, something that is imperiling the Chure Hills range in Nepal. The government has also directed the ministry to coordinate with the parliamentary committee to formulate appropriate policies in this regard.
The government has approved Rs 556 million from the Japanese International Cooperation Agency (JICA) for the generation of solar power. Likewise, the government has accepted Rs 1.65 billion for domestic solar power production.
The government also approved Rs 85 million for the third phase of the urban development plan.
The cabinet meeting likewise decided to release an extra Rs 60 million for the 11th South Asian games to be held in Bangladesh.
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