Door opened to send Nepali youths to Israel for employment

At a programme organised at the Ministry of Labour, Employment and Social Security today, Director General at Department of Foreign Employment, Kumar Dahal, on the behalf of the government of Nepal and Israeli Ambassador to Nepal, Hanan Godar, on the behalf of the government of Israel signed the protocol.

NHRC urges for immediate payment to sugarcane farmers

The National Human Rights Commission (NHRC) has urged the government to help clear the due payment of sugarcane farmers as per the agreement made with them. The NHRC reminded the government that the farmers were paid only partially for their products even after the passage of 21 days of the agreement.

Rs 665 billion required for reviving country's economy

The NPC made this projection after an analysis of the impact of the pandemic and the damage it has caused to the economy in the third quarter of Fiscal Year 2019/20. It has also brought relief and recovery strategy on the basis of this analysis. The strategy covers pandemic control and relief, employment, continuity of projects, development of new system and promotion of self-sufficiency.

Employers ignoring labourers safety, 87 die in 5 years in steel sector alone

Binod Shrestha, Chairman of General Federation of Nepali Trade Unions (GEFONT), said that employers have taken the investment in occupational safety materials as an unnecessary expenditure which results in the increment of the accidents that even take worker's life.

Govt will help to revive tourism sector: FM Paudel

Finance Minister Bishnu Prasad Paudel has said that the government would provide necessary assistance to revive the tourism sector which has been severely affected due to COVID-19 pandemic. Speaking at a discussion organised at the Ministry of Finance with the representatives of tourism and hotel business, Finance Minister Paudel said that the government has introduced relief, concession and incentive programmes and stressed on their effective implementation.

Sugarcane farmers get Rs. 573 million

Sugar mills have paid Rs. 573 million to the sugarcane farmers so far. According to the Ministry of Industry, Commerce and Supplies, the sugar mills who owed farmers Rs. 653.1 million, have paid Rs. 573 million to them since a four-point agreement binding the sugar mill owners to clear their dues within 21 days was reached between sugarcane farmers and the government on December 28, 2020.

'I will pay attention to appropriate allocation of budget, increasing expenditure capacity'

Assuming office in Singha Durbar today, Dugad said that he would recommend the Prime Minister for economic prosperity by coordinating and holding discussions with different ministries and organisations.

Local levels seek budget for next fiscal year

Local levels, seeking special and supplementary grants that are to be provided by the federal government, have applied for budgets to carry out upwards of 3,000 projects for the coming fiscal year 2021/22. Applying for grants through electronic means, the local levels proposed budget for about 1,599 projects under supplementary grants and 1,450 under special grant, said Dr. Krishna Prasad Oli, member of the National Planning Commission (NPC).

NRB calls for implementation of relief package

The Federation of Nepalese Chambers of Commerce and Industry (FNCCI) has drawn the attention of Nepal Rastra Bank (NRB) to implement the relief packages announced in its monetary policy. A delegation of the FNCCI officials led by its president Shekhar Golchha called on governor of NRB Maha Prasad Adhikari and pointed out that there were many problems in the implementation of the relief packages announced through the monetary policy for the revival of industries and businesses affected by COVID-19. Golchha...

NOC decides to halt fuel import from Raxaul depot

With this, arrangements have been made for petroleum dealers in Bara and Parsa districts, who had been importing fuels from the depot till now, to purchase petroleum products from NOC province 2 office, said NOC's spokesperson Binit Mani Upadhyay.

Janakpur-Jayanagar Railway to come into operation by February 2nd week

The much-talked-about Janakpur-Jayanagar Railway is coming into operation from the second week of February. Nepal Railway Company general manager Guru Bhattarai said the necessary preparations for operation of the railway service have reached the final phase and it would be started from the second week of the next month

Construction work for security printing press centre underway   

Construction of physical infrastructures for transforming the Information Technology Park, popularly known as IT Park, into the security printing press centre is underway, said the printing press. The project based in Kavrepalanchok aims to make it a model in South Asia.    

Commercial mushroom farming makes Gurung forget foreign employment

Makhan Gurung of Byas Municipality-14 had been to Iraq, Dubai, Saudi Arabia and Malaysia for many years in search of foreign employment. But as he returned to his home, he started mushroom farming, which has made him rethink about having to go abroad to earn.

Price of yellow metal goes down   

Price of yellow metal has gone down by Rs 700 per tola today. Price of hallmark gold has been set at Rs 91,800 per tola today against Rs 92,500 on Friday.    

India's prohibition on import of palm oil ruins Nepali industries

The refined palm oil which was in the list of export in fiscal year 2018/19 has been removed from the list from July 16 to December 15 in this fiscal year. The industries in this area are economically hit after the removal of palm oil from the list of 20 items exported to India.

Income from mushrooms surpasses Makhan’s overseas earnings

Makhan Gurung of Byas Municipality-14, who was in foreign employment until a few years ago and travelled to Iraq, Dubai, Saudi Arabia and Malaysia in search of jobs, is now finding his good time in mushroom farming in his hometown. "I spent many years working abroad," he said, "but I didn't earn as much as I am currently earning at home." He has been cultivating mushrooms in Sondhe of Byas Municipality-13 with his friend Tak Bahadur Gurung.

Five years on, AIIB's saga of contribution to economic growth, social progress persists

In half a decade since kicking off operations, the Beijing-headquartered multilateral development institution has grown from 57 founding members to more than 100 approved members from all around the globe.

Cooperatives help increase Salyan’s milk production

After the establishment of dairies and cooperatives in various places of the Salyan district, farmers there have been able to find a wide market for th eir milk and earn a decent living. Having to sell milk used to worry Dilmaya Oli of Darma Rural Municipality-5. She had to roam from village to village and from market to market to find buyers for the dairy products she used to produce at home. But now, she sells it to her local cooperative. “The Women and Small Farmers Agriculture Cooperative...

Minister Dhakal visits Pokahra Airport

Minister for Culture, Tourism and Civil Aviation Bhanubhakta Dhakal on Thursday made an inspection visit of under-construction Pokhara Regional International Airport.

Xi encourages Starbucks to help promote China-U.S. ties

Chinese President Xi Jinping has encouraged Howard Schultz, Starbucks Corporation's chairman emeritus, and the company to continue to play a positive role in advancing China-U.S. economic and trade cooperation and bilateral ties.