- Wednesday, 5 November 2025
Modnath Dhakal
Capital expenditure witnesses improvement
The government's performance in the utilisation of the capital budget has been better this year compared to the previous two years. However, in numbers, the improvement is not encouraging.
Economy is in comfortable zone: NRB
Record inflow of remittance and reduction in imports of goods owing to the decrease in demands has ushered in the economy in a comfortable zone in terms of external sector management. Due to depleting foreign currency reserves because of the massive growth in imports of goods, including luxury items like cars and liquors, the external sector pressure had significantly increased in the aftermath of the COVID-19 pandemic, and the experts had feared the country could experience the 'Sri Lankan' fate. Sri Lanka had then run out of foreign currency reserves and had failed even to service its loans. The remittance inflows in the first month of the current Fiscal Year 2023/24 (mid-July to mid-August 2023) have increased by 25.8 per cent to Rs.116.02 billion compared to an increase of 20.3 per cent in the same period the previous year, according to a monthly report published by the Nepal Rastra Bank (NRB) on Sunday. Last year, remittance inflow in the first month stood at Rs. 92.21 billion. Shrawan (mid-July to mid-August) is the ninth month that continuously witnessed more than Rs. 100 billion remittance inflow.
SC issues order on management of border with India
The Supreme Court of Nepal has issued a full text of the verdict in which it issued a mandamus in the name of government on 25 April 2021 demanding better management of the open border between Nepal and India. Constitutional expert and advocate Dr. Chandrakant Gyawali, border expert Buddhi Narayan Shrestha, and advocates Bimal Gyawali, Liladhar Upadhyaya, and Shashi Kumar Karki had filed a writ petition on 26 March 2017 seeking orders from the Supreme Court to regulate the Nepal-India border. The petition was filed against the various government ministries and agencies including Prime Minister’s Office, Parliament Secretariat, Ministry of Foreign Affairs, Ministry of Home Affairs, Ministry of Defense, and Ministry of Land Management. The full text of the verdict issued in the name of the government by the joint bench of Justices Prakashman Singh Raut and Purushottam B
Livestock project aims sustainable ventures
Nepal Livestock Sector Innovation Project (NLSIP) implemented by the Ministry of Agriculture and Livestock Development (MoALD) is all set to mobilise Rs. 1.42 billion to various cooperatives and private firms in the agriculture sector in Koshi Province.
House panel to seek govt response on map issue
The International Relations and Tourism Committee (IRTC) of the House of Representatives of the Federal Parliament is set to seek response of the Ministry of Foreign Affairs (MoFA) on the issue of sending the diplomatic notes to the neighbouring countries while issuing a new map of the Nepal including the Kalapani and Lipulek region in its territory in 2020. Then Minister of Foreign Affairs, Pradeep Kumar Gyawali and
Time-bound MCC project holds promise to transform power sector
In a country where sick projects requiring continuous time and cost over-run have shadowed the overall infrastructure development environment, a mega infrastructure project worth US$ 697 million (Rs. 92 bi
Import decline doesn’t bode well for economy
Nepal's import of goods in the first month of the fiscal year (mid-July to mid-August) has continued to go down for the second consecutive year. The total imports decreased by 12.9 per cent in the f
Nepal finalises Business and Human Rights Action Plan
Nepal has finalised the draft of the Business and Human Rights National Action Plan (BHR-NAP) to make businesses sensitive and accountable to the human rights of labour, staff and consumers. The BHRs are based on the UN Guiding Principles on Business and Human Rights (UNGPs) which are the most authoritative and widely adopted set of principles for responsible business, endorsed in 2011. They call on both governments and companies to identify, prevent, mitiga
Why private schools are opposing proposed Education Bill ?
The owners of the private and boarding schools have been putting their effort to persuade the government and policymakers to not go ahead with the proposed Education Bill. Reminding the government of their immense contribution to the country’s education sector with Rs. 500 billion in investment, they have even threatened to launch protest programmes if their demand goes unheeded. While they don’t want to lose their private ownership in schools, the constitution of the country has provisions against commercial education.
Let students abroad open remittance account in Nepal
Nepali migrant workers with ‘work permit’ issued by the Government of Nepal can open Remittance Savings Account in banks in Nepal to save the money they earn while working in foreign land. The Nepal Rastra Bank (NRB) announce
Start-up enterprises face lack of clear definition
Start-up enterprises in Nepal have long been deprived of the funding by the government as well as banks and financial institutions (BFIs), and many other facilities including tax discounts and waivers in absence of clear definition of 'start-up' business.
Tube Well brings alive Tarai life
While the victims of loan sharks from southern Tarai have been agitating in the Capital demanding that the government should save their property illegally captured by the loan sharks, Purano Ghar Theatre in Sinamangal is staging a pla
SC rules not to further extend Upper Karnali deadline
The Supreme Court has barred the government from extending the deadline for the financial closure of the 900-megawatt Upper Karnali Hydropower Project. Making public the full
Ambitious plan, poor execution
For the past five years or so, the government has announced policies and programmes to support the start-ups in various ways in its annual budgets but their implementation has remained lackluster.
Provinces perform poorly in budget planning and implementation
Provinces have largely failed to live up to the citizens' expectations in the management of public finance and implementation of development works. The 11-month statistics of budget utilisation of seven provinces portray a dismal face of the sub-national governments that have been drawing continuous criticism for their very presence right since their c
