KATHMANDU, Aug 9: The five-year clock for implementation of a multimillion-dollar program financed through the Millennium Challenge Corporation (MCC) grant of the US will start ticking from June 30 next year.
JANAKPUR, June 26: Indian Prime Minister Narendra Modi announced a grant of Rs 1 billion Indian currency for the development of Janakpur Sub-metropolitan City during a visit to the city in May 2018. Almost 13 months later, the grant for developing this major destination for Hindu pilgrims looks less likely to come through any time soon.
SURKHET, April 30: Five years after being displaced by the ravaging flood of 2014, the victims of Surkhet will finally receive the first tranche of grant for the reconstruction of their houses on Tuesday.
Karnali Province government is planning to distribute Rs 150,000 as the first tranche to the victims from Tuesday.
KATHMANDU, Feb 9: Revising its ‘blanket’ reservations policy, the government has come up with new provisions granting reservation privileges on the basis of economic and social status to candidates belonging to various marginalized communities.
SINDHUPALCHOWK, July 27: The distribution of the housing grant for earthquake victims has been halted in Sindhupalchowk district since the beginning of new fiscal year as the National Reconstruction Authority (NRA) fails to operate as per the new federal system.
KATHMANDU, July 13: The government of Japan is to provide 282,000,000 Japanese Yan, the equivalent of about Rs 274.1 million grant assistance to Nepal for Human Resources Development Scholarship (JDS) Scheme in Japan's Fiscal year 2018.
DHAKA, July 6: The Asian Development Bank (ADB) on Friday approved a grant of $100 million to Bangladesh, the first half of an assistance package to develop basic infrastructure and services for refugees from neighboring Myanmar, the bank said.
KATHMANDU, June 25: Even three years after the 2015 earthquakes, many victims in the Kathmandu Valley remain deprived of the housing grant of Rs 300,000 due to the “National Reconstruction Authority’s inaction” in resolving the land ownership disputes.
KATHMANDU, June 6: Minister for Finance, Dr Yubraj Khatiwada, has said that the grant provided to earthquake victims for reconstruction of private houses should be spent in a transparent manner as the grant was provided after taking loan from donors.
KATHMANDU, June 4: The National Reconstruction Authority (NRA) has started necessary preparations to shorten the process for the distribution of housing grant to the victims whose houses were damaged by the 2015 earthquakes.
GORKHA, May 27: The fear of losing the final or the third installment of the reconstruction grant has forced earthquake victims in Gorkha to erect their houses in a rush. Those who were listed as beneficiaries but had not yet started rebuilding their houses have fast been building new houses.
JANAKPUR, May 11: Indian Prime Minister Narendra Modi began his two-day official visit to Nepal from holy city of Janakpur on Friday morning stating that the visit is aimed at mending ties with Nepal through the revival of a strong cultural and religious ties that subsists between the two countries.
MAKWANPUR, April 30: In Province 3's 13 districts, which are among the most affected ones by the devastating 2015 Gorkha earthquake, only 364,476 beneficiaries of housing reconstruction grant have started rebuilding their houses. This is only 61.4 percent of the total quake victims of 593,516 in the province.
KATHMANDU, April 22: Minister for Foreign Affairs Pradeep Kumar Gyawali, who returned home on Saturday wrapping up his five-day official visit to China, said that he has requested the Chinese side to construct the much-talked-about cross-border railway between the two neighbors under a grant.
KATHMANDU, April 21: As part of its corporate social responsibility program on the occasion of its 3rd anniversary, Himalaya Airlines has handed over kitchen utilities along with a year's supply of notebooks for the children of Prayas Nepal, on the Nepali New Year's Day, on April 14.
KATHMANDU, April 7: Ministry of Agriculture, Land Management and Cooperatives is preparing to allocate conditional grant to the local levels for the development of agricultural sector. As the ministry received several complaints from farmers and other stakeholders that the agricultural budget of current fiscal year 2017/18 was spent in non-agricultural sectors, the ministry now has decided to allocate conditional grants to the local levels for upcoming Fiscal Year 2018/19. The ministry has started discussing with the Ministry of Finance and Ministry of Federal Affairs & Local Development in this regard.
KATHMANDU, Mar 19: Over 300,000 earthquake survivors included in the National Reconstruction Authority (NRA)'s list of beneficiaries have been certified for drawing the second installment under the private housing grant.
KATHMANDU, Feb 21: The United Nations Capital Development Fund’s (UNCDF) MM4P program and Tootle signed a grant and technical assistance agreement to pilot the innovation project ‘Doorstep Delivery of Financial Services (Roving Agents) and Driving Adoption of Electronic Payments through Delivery Service Use-Case’ in Kathmandu on February 15.
KATHMANDU, Feb 10: A meeting of the National Reconstruction Authority's (NRA) steering committee chaired by the prime minister turned tense on Friday after CPN-UML Vice Chairman Bhim Rawal and Finance Minister Gyanendra Bahadur Karki engaged in a heated exchange over the government's recent decision to increase the housing grant.
KATHMANDU, Feb 6: The government of Korea, Korea International Cooperation Agency (KOICA), has agreed to provide 10 million US dollar (approximately Rs 1.02 billion) grant assistance to the project for the Integrated Rural Development of Nepal through Strengthening Research and Development Capacity of Kathmandu University (KU).
NUWAKOT, Jan 20: Tired of waiting for the government to implement the reconstruction policy after the devastating earthquake of 2015, a large number of quake victims in Nuwakot rebuilt their houses on their own. But not many had the slightest idea that this would deprive them of the reconstruction grant provided by the government.
RASUWA, Jan 17: About 45 percent of quake victims in Rasuwa, which is among the worst-hit districts by the 2015 earthquakes, are set to receive the second tranche of housing reconstruction grant after fulfilling the set criteria.
KATHMANDU, Jan 16: The government's failure to take a timely decision has thrown the task of distribution of the second tranche of the housing grant to the earthquake victims into uncertainty. Over 80 percent of the earthquake victims eligible for the second tranche is being deprived of it due to the government's indecision now.
DHADING, Jan 5: While waiting for the post-quake reconstruction grant from the government, Shree Ram Gurung of Khaniyabas-4 in Dhading district has already spent two-and-a-half years, living in a temporary shelter.
KATHMANDU (REPUBLICA): Germany has agreed to provide Nepal with an additional development grant of 15 million euros to build Damauli-Lekhnath Electricity Transmission Line. Issuing a statement on Monday, the German embassy in Kathmandu said that the grant is an additional support to the 43-kilometer Damauli-Lekhnath 220 KV double-circuit transmission line.
KATHMANDU, Dec 18: Brokerage firms have not been able to start margin trading facility because of the delay in issuance of working procedure for the facility by the Nepal Stock Exchange (Nepse).
Securities Board of Nepal (Sebon), the capital market regulator, had issued a directive, allowing brokerage firms to provide such service more than a month ago.
KATHMANDU, Dec 13: Nepal and the European Union (EU) have signed a grant contract of 5.5 million euros (Rs 667.9 million) with the Council for Technical Education and Vocational Training (CTEVT) for implementing the 'Sakchyamta' (i.e. Competency) project. The CTEVT will be contributing 61111 euros as co-financer of the project.
KATHMANDU, Dec 10: Though organic agro tourism is working wonders in our neighboring tourism markets, a government program to promote this niche tourism product has received cold response from stakeholders.
KATHMANDU, Aug 18: A meeting of the board of directors of the Millennium Challenge Corporation (MCC) has approved the grant of $500 million to Nepal as part of its compact program. The decision of the MCC to provide Nepal the $500 million grant is subject to congressional review in the United States.
KATHMANDU, Aug 3: The government has decided to accept a grant assistance of Rs 51.38 billion (US$ 500 million) from Millennium Challenge Corporation (MCC) for road maintenance and transmission line projects.
KATHMANDU, July 21:The Millennium Challenge Corporation (MCC), an independent foreign aid agency of the US government, has said that it is finalizing the projects under its US$ 500 million grant to Nepal. The Corporation expects that an agreement will be signed with Nepal for the five-year-long compact program, by September this year.