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Enthusiasm for organic fertilizers

Attraction toward chemical fertilizers has yet to fall in Nepal even as the world is getting attracted toward organic foods as annual import of chemical fertilizers worth almost Rs 15 billion testifies. There has not been a real debate on the issue as there is politicking on the issue of…

Control of cross-border shopping

The trend of Nepalis hopping across the border to shop for Dashain rises as the festival approaches. The local traders from Dhulabari to Mahendranagar do not get customers while their Indian counterparts across the border are earning tens of millions with unbearable pressure of Nepali customers. This trend has continued…

Ambitious target of developing country

The ambitious announcement of achieving the Millennium Development Goals (MDG) as per the commitments made at the international sector and upgrading Nepal into the status of developing country from a least developed country (LDC) as defined by the United Nations (UN) by 2022 was made while preparing the concept paper…

Second inning of economic liberalization

Economic liberalization gathered pace in Nepal after the political change of 1990 even though it had started toward the end of Panchayat regime. It moved forward through initiation of a few young Nepali Congress (NC) leaders championing free market economy even though it was started through a limited entry of…

Need for taxpayer-friendly administration

There have been grievances that the revenue administration in Nepal is not taxpayer-friendly. The government has been operating a series of programs to reform the tax system after the political change of 1990, and announcements are made about reform in revenue administration in the annual budget every year. That the…
Problem in PTA negotiation

The Nepali team of representatives will face problems to hold dialogue as the three main political parties have set limits for the power trade agreement (PTA) to be signed with India.

1,100 workers mobilized for Upper Marsyangdi A

Promoter Sino-Sagarmatha Hydropower Limited has mobilized a total of 1,100 workers to finish the 50-MW Upper Marsyangdi A Hydropower Project A in Lamjung district within the stipulated time of two years.

Canadian companies to lend Rs 27 b for tunnel way

Three Canadian financial institutions will provide loan of US$ 280 million (approx. Rs 27.26 billion) to promoter of the Kathmandu-Kulekhani-Hetauda Tunnel Way, Nepal Purbadhar Bikash Company Limited (NPBCL).

Grant of Rs 5 m per MW for Upper Karnali advised

The high level technical committee has recommended to provide a grant of Rs 5 million per MW for promoter of the Upper Karnali Project, GMR Energy Limited of India, in value-added tax…

Differences on tax discount, grant for hydroprojects

Top government officials and lawmakers are against giving discount on income tax and grant to promoters of export-oriented projects.