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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…

Conservation of rights to food

Only 30 percent of the total land of Nepal is inhabitable and arable but a large part of the population lives in that small area. The total population of Nepal is estimated to be 28.50 million and almost three million of them are outside the country, according to formal data.…

Debate about changing fiscal calendar

The issue of change of fiscal calendar has entered the Economic Committee of the parliament immediately after the appropriation bill was passed, albeit late, after the opposition ended obstruction of the parliament. Economists have long been arguing that the fiscal calendar of Nepal is not scientific. The fiscal year starts…
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.