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Page last updated at 2014-08-30 21:57:20 RSS
  BUSINESS & ECONOMY
  State-owned Banks Reinstating Branches To Regain Lost Market
       SAGAR GHIMIRE  
 
    KATHMANDU, Aug 30: In line with Nepal Rastra Bank (NRB)´s directive, state promoted commercial banks have driven up their efforts to reinstate branches that were displaced during the decade-long conflict.

Citing security reasons amid threats and attacks by then Maoist rebels, a total of 241 branches of Rastriya Banijya Bank (RBB), Agricultural Development Bank Ltd (ADBL) and Nepal Bank Ltd (NBL) were displaced or relocated from various places during the conflict that began in 1996.

 
  Nuwakot Farmers Earn Rs 630m From Vegetables
       NIRAJAN POUDEL  
 
    KATHMANDU, Aug 30 : Nuwakot has exported fresh vegetable and fruits worth Rs 630 million in fiscal year 2013/14, according to the District Agriculture Development Office (DADO). Access roads in the district played a vital role in exporting vegetable and fruits, according to DADO, Nuwakot, “The district has exported 64,400 metric tons of vegetable and fruits.”

Kaule, Manakamana, Phikuri and Vhalche villages are major producers of vegetables and fruits. These villages have earned Rs 38.5 million from peas, Rs 11.4 million from long beans, Rs 45 million from strawberry, Rs 90 million from radish, Rs 3 million from black cardamom and Rs 13.5 million from citrus fruits.

 
  Chief Secy, Governor Against Paying Cash Incentive
       REPUBLICA  
 
    KATHMANDU, Aug 30: Chief-secretary Leela Mani Paudyal and Nepal Rastra Bank Governor Yubaraj Khatiwada have opposed the plan of paying cash incentives to the 900 megawatts Upper Karnali Hydropower project.

A 13-member technical committee formed to study the Project Development Agreement of Upper Karnali on Friday submitted its report to Prime Minister Sushil Koirala saying that they could not reach an agreement on paying cash incentives in lieu of VAT and other taxes to the project.

 
  Israeli Envoy Interacts With Youth Farmers
       REPUBLICA  
 
    KATHMANDU, Aug 30 : Newly appointed ambassador of Israel to Nepal Yaron Mayor has said Nepal should increase engagement with the youth to boost agro productivity.

Speaking at an orientation program organized for students who are heading for Israel for agriculture training on Saturday, Mayor said the government of Israel has taken an initiative to engage youth in the agriculture sector by providing them trainings.

 
  Truck, Tipper Operators Warn Of Nationwide Transport Strike
       REPUBLICA  
 
    KATHMANDU, Aug 29: Truck and tipper operators have threatened to stage a nationwide transport strike if the government tries to suppress their peaceful protest programs.

Criticizing the government move to suppress their peaceful protest at Tinkune on Friday, they said loaded trucks and tippers would block traffic movement across the country if the government used force to disperse peaceful protesters.

 
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