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Cabinet forms high-level committee to resolve electricity payment dispute

Kathmandu, January 9 The Cabinet meeting on Monday formed a high-level committee to resolve the payment dispute related to the dedicated feeder and trunk line between industrialists and Nepal Electricity Authority (NEA) and has asked…

MoFE gearing up to revise EIA threshold rules

KATHMANDU, JANUARY 8 The government is drafting a policy, which requires preparing the Environmental Impact Assessment (EIA) only for projects with investment above Rs two billion. Following amendment of the Environment Protection Act, the Ministry…

Nabil Bank to distribute 34pc dividend

Kathmandu, January 8 The 35th annual general meeting of Nabil Bank has approved the proposal to distribute 34 per cent dividend — 22 per cent cash and 12 per cent bonus shares — to its…

Use of fossil fuel drops, as consumption of electricity increases

Kathmandu, January 8 Sale of diesel and cooking gas has decelerated lately, indicating industries and households are using more electricity to produce goods and services and cook food. The sale growth of diesel has slowed…

60,000 youths to get jobs under PMEP

Kathmandu, January 7 Amid criticism over the failure of the Prime Minister Employment Programme (PMEP), the new leadership at the Ministry of Labour, Employment and Social Security is preparing to revive the programme and has…

NTA’s decision to terminate licences of Smart, NST scrapped

Kathmandu, January 7 The Cabinet meeting on Monday has terminated the decision of Nepal Telecommunications Authority (NTA) to scrap the licences of telecommunication service providers Smart Telecom and Nepal Satellite Telecom (NST) and internet service…

Government preparing to set up land bank

Kathmandu, January 7 With an aim to maximise the use of land and increase productivity, the government is gearing up to set up a ‘land bank’. The Ministry of Land Management, Cooperatives and Poverty Alleviation…

“Visit Nepal 2020 is a platform to promote sustainable tourism”

The national tourism campaign, Visit Nepal 2020, was inaugurated on January 1 in the presence of national and international delegates at Dasharath Stadium. Amidst the support and criticism that the government has received it has…

Govt to levy fines to control river pollution

Kathmandu, January 6 With an aim to maintain a clean and lively river system where the quality and quantity of water flowing through the rivers is as per the given standard, the government is planning…