As economies in Asia and the Pacific slow and grow older, countries need to do more to ensure that workers get the education, training and social safety nets needed to raise incomes and ensure social equity, a United Nations report said Tuesday.
The government has allocated Rs. 57.29 billion for the development and promotion of agriculture and livestock for the next fiscal year 2024/25. Presenting the budget for the fiscal year 2024/25 at the joint session of the federal parliamen
Lawmakers have expressed their mixed reactions to the new budget unveiled by Finance Minister Barsaman Pun in the joint session of the Federal Parliament on Tuesday.
As the clock was ticking at midnight on April 15, 2008, the Constituent Assembly of Nepal erupted in roars. The first meeting of the Constituent Assembly abolished Nepal’s 240-year-old monarchical system. This was, therefore, a historic and momentous day in the history of modern Nepal.
On May 28, 2008, the first Constituent Assembly declared Nepal a Federal Democratic Republic, abolishing the 240-year-old monarchy. As agreed upon among the political parties, the first meeting of the first Constituent A
A republic is simply defined as a form of government that gives no place to monarchy and hereditary ruling dynasty. Political scientists agree that the concept of republic owes its genesis to Rome in 509 BC. It is by th
Economic revolution was a buzzword around the time the country was declared a republic. The political leaders, while exhorting the people for a republican setup, pledged that an economic revolution would emerge
A republican democracy is considered the most advanced system of governance that exists in the world today. This is so because there are no other political systems with a broader ownership base, more representative
Nepal is marking Republic Day today amidst heightened political tension and polarisation. The political parties, represented in the House of Representatives (HoR), are divided into ruling and opposition camps. The m
After Bidya Devi Bhandari was appointed President of Nepal in 2015, a television journalist, Krishna Malla, asked me a question during an interview: “With a woman now leading the country, what significant change do
One of the significant features of the Federal Democratic Republic of Nepal is a local government with constitutionally fixed jurisdiction. Unlike the term local bodies, the new Constitution promulgated by the Constituent A
Pampha Bhusal is now the Vice Chairperson of the ruling CPN (Maoist Centre). Bhusal served as a minister twice leading the Ministry of Energy, Water Resources and Irrigation and the Ministry of Federal Affairs and General Administration.
Political instability and power struggles continue to plague Nepal even after it was declared a republic. Since the elected Constituent Assembly (CA) abolished the monarchy on May 28, 2008, Nepal has had multipl
The impacts of climate change owe to the anthropogenic activities aimed at advancing human welfare. The Industrial Revolution started in Britain in the 18th century. Since then, there has been a surge in industrial a
The number of Nepalis associated with social security has been increasing over the years. According to the economic survey presented by Finance Minister Barsaman Pun in the Parliament on Sunday, the number of citizens receiving social security allowance has increased by 5.5 per cent in the current fiscal year as compared to last year.