Nepal’s tryst with plural politics or polyarchy started during the nineties when the non-party authoritarian dispensation headed by the King collapsed. This was followed by the Westminster model of democracy that was introduced replacing the earstwhile Pachayat system. After a year-long haggling over the contents of the new constitution, the basic law of the land was finally agreed upon and enacted transferring and vesting sovereign rights for the first time in the people of Nepal. Multiparty competitive elections were conducted in line with the Constitution of the Kingdom of Nepal. The constitution had provisioned limited monarchy with cabinet system of governm
In the context of Nepali stock market, it is time for investors to shift their focus towards the future of organisations. This shift can be achieved by examining organisations and their activities from an ethical and managerial perspective, while also considering their performance. The extent to which management is morally inclined to connect with society through corporate operations is a critical factor. The ethical behaviour exhibited by managers is based on the prevailing societal and corporate standards and values. Although ethical standards may lack strict benchmarks, the evaluation of the ethical dimension of management can be based on its dedication and activities in promoting openness, integrity, and commitment to a wide range of business stakeholders. The efficacy of managerial practices significantly influences the overall success of an organisation. Understanding and examining managerial practices are crucial issues
The Urban Water Catalyst Initiative is an important step towards addressing the challenges of water provision. It emphasises willingness to reform, financial autonomy and the integration of technical and financial support for urban utilities. One of the voluntary commitments that Germany’s federal government, with support from KfW Development Bank and the German Agency for International Cooperation (GIZ), made together with the Dutch government at this year’s UN Water Conference was the Urban Water Catalyst Initiative (UWCI). The partnership, initiated by Germany, is open to additional donors. In fact, according to Global Water Intelligence, the leading publisher of the international water industry, the initiative may be the most important contribution to the UN’s Water Action Agenda. The UWCI marks the first time a global instrument has been created tha
Minister of Energy, Water Resources and Irrigation Shakti Bahadur Basnet has urged South Korean investors to invest more in Nepal's energy sector. He made this request to Hoe-Chun Kim, President and Chief Executive Officer of Korea South-East Power Company (KOEN), the main investor of the Upper Trishuli-1 hydropower project, who came for a courtesy call with Minister Basnet at the ministry Wednesday. Stating that Nepal is a suitable destination for foreign investment, the government has created the necessary environment for it and it is easy to take the returns of foreign investment, he requested to expand investment in some more important projects.
The United Kingdom (UK) has been positive about granting the children of the retired Gurkha soldiers residential visas to remain in the UK if they are under the age of 18 at the time of their parent's retirement. The British side seemed open to the demand in Monday's meeting of the technical committee formed as part of the efforts made by the British and Nepali governments to solve the problems being faced by former Gurkha soldiers, informed retired Gurkha Jud Bahadur Gurung. Gurung also said that they made it clear that pension was their main issue. "The UK side has said they will get back with details after consulting with the minister," he said. The Embassy of Nepal in London also confirmed that a technical-level meeting was held between the embassy officials, the UK's Ministry of Defence and representatives of former Gurkha soldiers to address the demands of the ex-soldiers.
It has been 12 days since the construction work of the powerhouse of the 900-MW Arun III Hydropower Project being developed in Sankhuwasabha district has been stopped. It has caused a loss of Rs. 50 million a day to the country. Meanwhile, there has not been any effort to resume the work at the site. According to the Project Development Agreement (PDA) signed by the Investment Board Nepal (IBN) with the developer company Sutlej Jalvidyut Nigam of India, the Government of Nepal should pay compensation of Rs. 50 million per day if the work at the project site is stopped due to the obstruction of the locals. Citing this clause, the developer has already written to the government after the locals began obstructing the construction work.
Hindus across the country and beyond are celebrating the Father’s Day on Thursday. Children observe the Father’s Day, which falls on the day of Kuse Aunsi during the Nepali month of Bhadra, by showing reverence to their fathers, as well as by offering sweets, gifts and delicious foods. Those who have lost their fathers visit Gokarneshwor Municipality in Kathmandu where they bathe in the holy Bagmati River and pray for the eternal peace of their fathers’ soul. People visit the Gokarna Mahadev temple, in the municipality, and other sacred places to bath and make offering in honour of their deceased father to mark the day. Devotees also make donations in memory of their dead fathers. They also bring holy Kush, a grass considered a symbol of purity, into their houses on this day.
The last rites of late Chairman of Constituent Assembly and CPN-UML vice chairman Subas Nembang will be performed at Pashupati Aryaghat with state honour on Thursday. The government has given a public holiday on Thursday across the country to mourn Nembang’s demise. Meanwhile, the body of the Nembang was taken to his residence in Baluwatar on Wednesday after his two sons arrived from Australia and the UK. Late Nembang is survived by his two sons and two daughters. Both daughters were in Kathmandu at the time of his passing. His body was in CPN-UML's party office in Chyasal, Lalitpur, all day on Tuesday, and from 9:00 am to 1:00 pm on Wednesday. \ At the afternoon, the body was taken to his residence for ritual offerings from his family members.
The government started a free Human papillomavirus (HPV) vaccination campaign across the country to prevent cervical cancer in women on Wednesday. Minister for Health and Population Mohan Bahadur Basnet initiated the campaign in an official programme at Thapathali-based Paropakar Maternity and Women's Hospital (PMWH). Minister Basnet inaugurated the campaign by handing over a vaccine carrier to PMWH Director Dr. Shree Prasad Adhikari. A 14-year-old girl of Dhumbarahi, Kathmandu, was then administered the first HPV vaccination of the nation-wide campaign during the programme. According to the Ministry of Health and Population (MoHP), HPV vaccines will be provided from seven hospitals in seven provinces. With the PMWH for Bagmati Province, Biratnagar's Koshi Hospital in Koshi, Birgunj's Narayani Hospital in Madhes, Pokhara-based Gandaki Academy of Health Sciences in Gandaki, Nepalgunj-based Bheri Hospital in Lumbini, Birendranagar-based Provincial Hospital in Karnali and Amargadhi-based Dadeldhura Hospital in Sudurpashchim are providing the vaccines.
National Human Rights Commission (NHRC) Chairperson Tapa Bahadur Magar with officials called on President Ramchandra Poudel.
Nepali Congress leader Dr Shekhar Koirala suggested the party and government adhere to BP's thoughts so that they would be strengthened.
Prime Minister Pushpa Kamal Dahal has said the government was focused on economic reforms with production and employment generation.
Minister for Finance Dr Prakash Sharan Mahat said that the steps taken by the government for economic reforms were getting obstructed by the disgruntled party.
The Central Investigation Bureau (CIB) of Nepal Police has submitted the report it prepared after investigating the gold smuggling scam. The CIB has prepared the report, suggesting the Attorney's Office make defendants to 50 persons involved in the smuggling.
Minister for Foreign Affairs Narayan Prasad Saud arrived in New York on Tuesday late night to attend the 78th Session of United Nations General Assembly (UNGA). Officials, including Chief of