KATHMANDU, June 26: Local governments across the country have unveiled their annual budgets for the next fiscal year, their second budgets since they came into existence following the 2017 local elections.
KATHMANDU, June 1: The government has approved the new development cooperation policy, outlining the areas of national needs and priorities for the mobilization of international support for development.
KATHMANDU, May 30: The government has accorded top priority to transportation sector, setting aside Rs 163 billion to build transport infrastructures in the new budget. In the budget for Fiscal Year 2019/20 unveiled in Kathmandu on Wednesday, Minister for Finance
One most important issue which must be discussed in the parliament—to assess its effectiveness and need—is constituency infrastructure development program, under which certain amount of money is allocated for each electoral constituency and this money is spent for development of projects under the supervision of the lawmaker of the respective electoral constituency.
KATHMANDU, March 7: Nepal Infrastructure Bank Ltd has come into operation from Wednesday, aiming to generate finances for infrastructure projects. Minister for Finance Yuba Raj Khatiwada inaugurated the bank.
KATHMANDU, Dec13: Public buildings and other infrastructure built in the Kathmandu Valley are least accessible to differently-abled people, according to a report prepared by a non-governmental organization (NGO).
MYAGDI, Nov. 28: The construction works of Ghalemdikhola Hydropower Project have progressed around 90 percent of the total physical infrastructure. The project of 5.5-megawatt capacity is likely to come into operation within four months, the officials said.
CHITWAN, Nov 16: Patihani of Chitwan, one of the 100 new tourist destinations prioritized by the government for Visit Nepal 2020, is wearing a new look these days. The ongoing construction of tourism infrastructure at Patihani as well as Someshwar hill of Madi indicate that the government is not only talking about change but actually working to make it happen.
POKHARA, Nov 5: Chief Minister of Gandaki Province Prithvi Subba Gurung has said that the province was facing hardship to implement the budget due to lack of adequate infrastructure and human resource.
RUKUM, Nov 5: Karnali Province's Agriculture and Cooperative Minister Bimala KC finds it very inconvenient to travel to her home district Rukum everytime she has to. There is no direct road access to Rukum from the provincial capital Birendranagar. The lack of bridges over Sanibheri and Thulibheri rivers forces travelers to take the detour.
ROLPA, Oct 3: Students with physical disability at Bal Kalyan Model Secondary School at Libang in Rolpa district have grieved that their learning experience in the school has been difficult in lack of adequate disability-friendly State support, services and facilities.
POKHARA, Sept 5:National Sports Council's member-secretary Keshab Kumar Bista has said the 13th South Asian Games (SAG) scheduled to be held in Nepal would not be affected due to physical infrastructure issues.
BEIJING, July 21: China has decided to invest 600 million yuan ($88 million) in North Korean infrastructure such as roads around a border bridge, sources in both countries have said, raising concerns that Beijing may violate U.N. resolutions.
KATHMANDU, July 7: The Qatar Red Crescent and the United Nations Development Programme (UNDP) in Nepal today signed an agreement to rehabilitate and rebuild community infrastructure and facilities in Gorkha.
DHANGADHI, July 1: Around two-thirds of the arable land in Province 7 does not have irrigation facilities. The other problems that farmers are facing include lack of improved seeds and fertilizers, according to Hema Raj Panta, a professor at Kailali Multiple Campus, Kailali.
DHARAN, June 20: Founder member of National Invention Center and Magsaysay award winner Mahabir Pun has said that infrastructures (road and railway connectivity, schools, bridge, Internet and extension of telephone lines) alone cannot help develop our country.
KATHMANDU, June 20: Nepal officially started building the Kathmandu-Tarai Expressway in 2017. The government recently announced it is to build a railway line along the same route, extending all the way to Raxaul across the Indian border.
PhD in Agricultural and Resource Economics from the University of California, Berkley, Biswo Poudel, has closely studied Nepal’s economic trends. What does he think of this year’s budget? Where will Nepal be headed to economically in the days to come? Mahabir Paudyal and Raj Kumar KC met with him to take his insights.
KATHMANDU, June 3: With a motive of bringing two million tourists by 2020 and five million by 2030 into the country, the Ministry of Finance has allocated Rs 5.20 billion on tourism in the Fiscal Year 2018/19.
KATHMANDU, March 24: Nepal Rastra Bank (NRB) has asked promoters of the proposed Nepal Infrastructure Bank to deposit 45 percent of the paid-up capital within 30 days, giving a green signal for the opening of the bank that is expected to finance mega infrastructure projects.
SOLUKHUMBU, Dec 23: The Khumbu Pasang Lamhu rural municipality has collected Rs. 40 million from tourists entering Khumbu region. The rural municipality has started to collect entry fee of Rs. 2,000 per person from October 1. From October 1, 22,358 tourists have arrived in the region, Lakpa Tshring Sherpa, spokesperson of the rural municipality said.
As the election date draws closer, candidates of the provincial and parliamentary election are seen more vocal and clearer about their agendas. Those in the contest have been trying to woo voters with all their might. In this context, Republica talked to the candidates from Ilam. Excerpts:
KATHMANDU, Oct 27: Baburam Bhattarai-led Naya Shakti Party Nepal unveiled its election manifesto on Friday envisioning two East-West railways and cable cars in seven places including one from Kathmandu to Everest Base Camp.
KATHMANDU, Sept 25: The Asian Development Bank’s (ADB) Board of Directors has approved a $150 million loan to help improve the delivery of urban services and infrastructure in eight municipalities in the southern parts of Nepal, including in Province 7 in the far west.
BARDIYA, Sept 1: Even three weeks after the floods ended, comprehensive statistics of damages is yet to be collected in the district. In lack of proper data, Natural Disaster Rescue Committee in the district has not been able to start reconstruction works of damaged physical infrastructure.
WASHINGTON, August 16: President Donald Trump said Tuesday he has signed a new executive order intended to make more efficient the federal permitting process for construction of transportation, water and other infrastructure projects without harming the environment.
KATHMANDU, Aug 11: Nepal Rastra Bank (NRB) has issued the licensing policy for the establishment of infrastructure development banks, paving way for interested individuals or firms to apply for a letter of interest and get an operational license to set up such bank.
ILAM, Aug 4: Much to the delight of the people, the government recently conducted local level elections in two phases in six out of seven provinces of the country. While Province 2 is yet to witness election, people elsewhere have already got their chosen representatives. But the office bearers in Ilam are quite tensed. They are facing enough hassles both due to the lack of polices and infrastructures. This has greatly affected their performance, they lament.
BERLIN, July 16: Chancellor Angela Merkel's challenger in Germany's national election called Sunday for the government to be obliged to invest a set amount in infrastructure such as roads, railways and schools.
POKHARA, June 22: Until two years ago, Machhapuchhre Model Trek in Kaski district was a popular route for trekkers looking for camping trek. But the route, which offers the closest possible view of Mt Machhapuchhre, now wears a deserted look, as only a few trekkers walk this route. This is because the route does not have even basic infrastructure.
CINCINNATI, June 8: Dogged by allegations in Washington, President Donald Trump traveled to friendlier territory Wednesday and promised to create a “first-class” system of roads, bridges and waterways by using $200 billion in public funds to generate $1 trillion in investment to pay for construction projects that most public officials agree are badly needed and long overdue.