27 May, Kathmandu. As the gap between expenditure and resource collection widens, the government is about to reach a position where it has to resort to overdraft. Data released by the Nepal National Bank has shown that the government’s finances are under increasing pressure due to much less revenue collection than the target and relative … Read more
27 May, Kathmandu. For the next financial year 2080/81 the government is going to study 6 more tunnels. Although such plans have been chosen for tunnel studies, the question that comes to many people’s mind when they hear about the plan is which leader made this plan? Earlier, the government was studying about one and … Read more
15 June, Kathmandu. The government is announcing the budget for the next financial year on Monday, reducing the estimate of both the total budget and revenue collection compared to the current financial year. This year a budget of 17 trillion 93 billion has been brought and next year there is a preparation to reduce it … Read more
14 June, Kathmandu. In the current financial year (FY) 2079/80, the government is going to increase domestic debt by 23 billion rupees more than the budget target. This year, the government has set a target of raising 2 trillion 40 billion rupees in household debt, but hopes to raise 2 trillion 63 billion rupees by … Read more
14 June, Kathmandu. Government has invested billions of rupees in public institutions not only to serve the people but also to earn profit. However, the profit earned by the government from those institutions is almost nil, only 0.25 per cent. By the fiscal year 2078/79, the government has already invested 6 trillion 18 billion 16 … Read more
file picture 14 June, Kathmandu. Many people who have reached the Markhu area of Makwanpur have expressed concern that the reservoir of the Kulekhani hydroelectric project has dried up badly. However, the way the water has dried up in the Kulkhani reservoir, the beautiful Indrasarobar lake has started to look ugly. Local residents and tourists … Read more
14 June, Kathmandu. The search for a new source has started for the diversion of Melamchi water supply project. A group of consultants, including the Asian Development Bank (ADB), has begun the search for new sources. After the flood on June 1, 2078 damaged the well prepared earlier at Ambathan in Sindhupalchowk, the search for … Read more
14 June, Kathmandu. Nepal’s Investment Board has started the process of bidding farewell to Power China from the 679 MW Tamor Reservoir project. The investment board meeting on Sunday decided to seek an explanation from Power Chinana, which said the work has not progressed as per the agreement and action plan of Nepalese company Hydroelectricity … Read more
May 7, Kathmandu. In the 10 months of the current financial year (FY) 2079/80 (mid-May), the import of goods decreased by 3 trillion. According to the data released by the Customs Department between July and May of the current year, goods worth Rs 13 trillion 35 billion 32.24 crore have been imported during this period. … Read more
May 7, Kathmandu. After a century of railways in Nepal, the government is going to make a national master plan for railways. In the current financial year 2079/80, the Railway Department has started the process of making ‘National Railway Master Plan’. About 96 years after the start of rail service in Nepal, the Government of … Read more