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Delay in trade facilitation

The state of Nepal’s foreign trade has been very weak. Historical evidences show there was foreign trade much before the country formally opened its land to foreign trade. There were high hopes about improvement of our export after joining the World Trdae Organization (WTO) in 2004, but the results have…

Milestone in agricultural loans

The majority of Nepalis still are dependent on agriculture. An estimated 70 percent of the population is still dependent on agriculture even though census and different other surveys done by the Central Bureau of Statistics (CBS) give differing data. The food grains produced by 60 percent of them do not…

Duality of governemnt about privatization

Privatization process has been stalled for the past few years in Nepal. The majority of government-owned public enterprises (PE), apart from a few exceptions, are teetering. The PEs have not been able to fulfill the role expected of them in the changed context and have instead become a burden for…

Stop fractionation of land

Land and house have for years been given importance as assets in Nepal. Those with a big house and more land are considered rich and are socially respected in our culture. The practice of accepting intellectual and other physical objects also as valuable assets has been established in other countries…

Displacing vehicles older than 20 years

The number of vehicles in Nepal is rising at a high rate due to the changing lifestyle, expanding road networks, rising population and other reasons. There were a total of 1.75 million vehicles in Nepal by the end of last fiscal year, according to the Department of Transport Management. 198,000…
ADB to step back from Sunkoshi 2 and 3

The Asian Development Bank (ADB) is set to step back from Sunkoshi 2 and 3 reservoir based projects with combined installed capacity of 1,646 MW as the under construction BP Highway and…

Govt set to again extend license for Upper Trishuli-1

The government is preparing to again extend the license for the 216 MW Upper Trishuli-1 Hydropower Project in the name of Nepal Water Development Company by six months by violating the Electricity…

Nine banks to invest Rs 3.07b in Solu project

Nine commercial banks will make loan investment of Rs 3.07 billion in the 23.5 MW Solu Hydropower Project developed by Upper Solu Hydroelectric Company.

Govt banks on land acquisition policy for investment

The government is set to generate investment for potential projects by implementing the Land Acquisition for Infrastructure Development Projects, Resettlement and Rehabilitation Regulations 2014 prepared by the National Planning Commission (NPC).

India ratifies PTA

The Indian union cabinet has endorsed the preliminary Power Trade Agreement (PTA) signed with Nepal on September 4.