The business leaders and industrialists in Birgunj have shared their positive responses to the upcoming fiscal year's budget saying that the new budget was encouraging to open new industries in the country.
The Embassy of Nepal in Abu Dhabi has marked the Republic Day by organizing a special event on Thursday.
The government has allocated Rs 28.82 billion for the procurement of chemical fertilizer in the upcoming fiscal year 2082/83 BS and the volume of the chemical fertilizer would be increased to 600,000 metric tons.
Similarly, a detailed study will be conducted next year to construct an electric railway of standard gauge standards based on the East-West Highway. The railway route of the Bardibas-Nijgadh section under construction will be made in accordance with the standards of the East-West Electric Railway.
From a micro perspective, comparative advantage is the core logic that determines the global division of labor, not the exchange rate. The rise and fall of the manufacturing industry fundamentally depends on the relative efficiency of capital, labor, technology and institutional environment. Take Germany as an example.
Ambassador of Pakistan to Nepal Abrar H Hashmi in his concluding remarks appreciated the students for their critical thinking on important issues. The Ambassador stated that promoting critical thinking on emerging challenges and opportunities would equip them to benefit from such exercises and could serve as a binding bridge between the two countries.
Around 96.85 per cent population in the country has access to basic drinking water facility, reads the Economic Survey presented by the government. Deputy Prime Minister and Finance Minister Paudel presented the Survey in today's meeting of the Federal Parliament.
Deputy Prime Minister and Finance Minister Bishnu Prasad Paudel made this announcement while presenting the annual estimate of revenue and expenditure for the fiscal year of 2025/026 at the joint meeting of the federal parliament today.
The government has allocated a budget of Rs 57.48 billion to the Ministry of Agriculture and Livestock Development for the upcoming fiscal year.
The government has unveiled an annual budget of Rs. 1 trillion 964 billion for 2025/026.
The government will provide Rs 5,000 as a Dearness Allowance to government employees from the upcoming fiscal year.
He said that all contract teachers, workers will be integrated into the Social Security Fund (SSF). For that, 10 per cent will be provided by the employer and 10 per cent will be made by the employee.
Deputy Prime Minister and Finance Minister Bishnu Prasad Paudel said that Sajha Yatayat will be provided with 100 electric bus to decrease pollution in the Kathmandu Valley.
Deputy Prime Minister and Finance Minister Bishnu Prasad Paudel said that Rs 3.56 billion has been allocated to upgrade the postal road.
Although the finance minister talked about finalizing the detailed project report (DPR) of the Kathmandu-Kerung railway and some steps to be taken for East-West Railway, he did not mention any specific amount of budget allocated for the railway sector during the budget speech.