My Republica

Rudra Pangeni

He is senior reporter with Republica and reports on economy, infrastructure, industry, trade, agriculture etc

Average income of Nepalis doubled in 11 yrs: Survey

May 29, 2017 05:30 AM

KATHMANDU, May 29: Nepal's economy has bounced back after two bad years punctuated  by earthquake and the Indian blockade. Tabling the economic survey report in  parliament on Sunday, Finance Minister Krishna Bahadur Mahara said that the  economy, which contracted because of the earthquake and supply disruption in the boarder areas, has now fully rebounded.  The survey is  based on data for the first eight months  of the current fiscal year.

Local units unfeasible, say experts

May 25, 2017 01:00 AM

KATHMANDU, May 25: Few months before the constitution was promulgated, the erstwhile government, through its policy and programs, had announced an incentive package for merger of village development committees (VDCs).

Govt moves to award Budhigandaki Project to Chinese firm

May 24, 2017 06:00 AM

KATHMANDU, May 24: With Prime Minister Pushpa Kamal Dahal “all set to resign”, the Cabinet meeting on Tuesday decided to award the Budhigandaki Hydropower Project to a Chinese company. But the decision, according to government officials, to award the reservoir project to China Gezhouba Group Corporation (CGGC) has a rider - CGGC will have to come up with a technically and financially viable proposal within a year.

Govt decides to award Budhigandaki Project to Chinese company

May 23, 2017 16:41 PM

KATHMANDU, May 23: The government has decided to award Budhi Gandaki hydro project to a Chinese company.

Govt preparing to table full-fledged budget on May 29

May 19, 2017 00:10 AM

KATHMANDU, May 19: The government is preparing to present a full-fledged budget for Fiscal Year 2017/18 in the parliament on May 29.

Equitable distribution of resources for local units unlikely

May 18, 2017 01:20 AM

KATHMANDU, May 18: Different ministries are preparing budget for all 744 local units for the coming fiscal year.

Constituency Development Fund to be discontinued

May 17, 2017 00:00 AM

KATHMANDU, May 17: Two budgetary programs allocated for development projects directly picked by parliamentarians will be discontinued in the new budget, according to officials involved in preparation of budget for Fiscal Year 2017/18.

Spending in poll campaign different this time

May 11, 2017 01:30 AM

KATHMANDU, May 11: Candidates  in the three provinces going to local polls in the first phase  are using a different publicity modality than in past election campaigns. The use of pamphlets and brochures is sparse  this time  and the demand for paper for publicity purposes is very low, according to Nepal Printers Association.

NEA chief says LED lamps instrumental for demand-side management

May 10, 2017 05:00 AM

KATHMANDU, May 10: Kulman Ghising, the managing director of Nepal Electricity Authority (NEA), on Tuesday said that the power utility was buying energy-efficient LED lamps from India to enhance its demand-side management.

‘Misuse of resources rife in Dhanusha schools’

May 8, 2017 08:03 AM

JANAKPUR, May 3: On her way to school, fifth-grader Priti Kumari Yadav carries an empty sack to use as a mattress to sit on in her class. Yadav and her 33 classmates do the same because there is no furniture.

Govt assigns fast-track road project to Army

May 5, 2017 07:41 AM

KATHMANDU, May 5: The government has decided to entrust the task of building Kathmandu-Tarai Expressway Project to the Nepal Army (NA).

Cabinet entrusts NA to build Expressway

May 4, 2017 18:36 PM

KATHMANDU, May 4: The government has decided to entrust the task of building Kathmandu-Tarai Expressway, popularly known as Fast-Track, to Nepal Army.

NEA offers better energy rates for peaking power projects

May 4, 2017 09:31 AM

KATHMANDU, May 4: Changing the existing flat energy rates for dry months, Nepal Electricity Authority (NEA) has offered to pay developers better rate if the latter reserve water in the daytime and generate more energy during peak hour.

Will every Nepali earn Rs 515,000 a year by 2027?

May 3, 2017 05:30 AM

KATHMANDU, May 3: Two major political parties-Nepali Congress and CPN UML-- have unveiled their election manifestos for the local elections, and most of the promises made in those documents are  unrealistic. The targets of high per capita income, double-digit economic growth, and generation  of up to 15,000 MW  hydropower in 10 years are far from achievable because these are not backed by concrete plans and identification of the 'engine of growth' that will drive  economic activity.

Nepal for selecting contractors for road projects on its own

May 1, 2017 00:10 AM

KATHMANDU, May 1: Nepal has refused a proposal that authorizes India to select contractors for implementing different road and bridge projects to be built by its line of credit.

TIA shop owners refuse to vacate space, move court

April 26, 2017 00:20 AM

KATHMANDU, April 26: Shop owners at Tribhuwan International Airport (TIA) are refusing to vacate their spaces, citing cases pending in different courts.

Dev partners spending more money outside govt system: Report

April 17, 2017 01:10 AM

KATHMANDU, April 17: Money disbursed by development agencies outside the government system increased significantly in fiscal year 2015/16, despite the government's effort to bring such spending into the government channel.

Haze forces domestic flight delays, cancellations

April 15, 2017 08:35 AM

KATHMANDU, April 15: Delays and cancellations of domestic flights have lately become routine events at Tribhuvan International Airport (TIA), thanks to poor visibility due to increased levels of fine dust particles in the air, and a surge in air traffic.

Taxmen defining tablet PCs as mobile sets, refunding VAT: OAG

April 14, 2017 00:35 AM

KATHMANDU, April 14: Tablet personal computers (PCs) are different from smartphones. But tax officials have defined tablet PCs as smartphones and given value added tax (VAT) reimbursement to importers. “

Finance Ministry most indisciplined with Rs 39b arrears, says audit report

April 13, 2017 02:23 AM

KATHMANDU, April 12: Failure to recover capital gains tax (CGT) from telecom operator Ncell has put Ministry of Finance (MoF) at the top of the list of government agencies in terms of financial indiscipline in Fiscal Year 2015/16.