March 24: With the announcement of “Food Crops Insurance” by the Nepal Insurance Authority, now food crops as well will be insured on the basis of production under the agricultural insurance policy.…
March 24: With the announcement of “Food Crops Insurance” by the Nepal Insurance Authority, now food crops as well will be insured on the basis of production under the agricultural insurance policy.…
March 24: The government has published the final report of the national census…
March 24: An earthquake measuring 4.5 magnitude in the Richter scale occurred at 9:15 am this morning with its epicenter in Mugu…
March 24: The Securities Board of Nepal (SEBON) has filed a case against Guru Prasad Neupane at the Kathmandu District Court for the offense of insider…
March 24: Nepal has recently witnessed rapid rise in COVID-19 cases, the state-owned RSS reported on Friday.…
The Civil Aviation Authority of Nepal (CAAN) has grounded a pilot on the charge of hurling offensive words at the air traffic controllers…
Standard Chartered Bank Nepal Limited held a staff fundraising program “Home Run 2023” for its sustainability initiative “Futuremakers by Standard Chartered” on March 18,…
March 23: The number of contributors enlisted in Social Security Fund has reached more than…
March 23: Nepal Insurance Authority has implemented a provision that one insurance agent cannot work in more than one insurance company of the same…
March 23: Indian Ambassador to Nepal, Naveen Srivastava has said that India will take initiatives to remove the anti-dumping duty imposed by India on the import of readymade jute from Nepal.…
March 23: Nepali migrant workers who are employed abroad or are self-employed have been included in the social security scheme of the…
March 23: With the end of winter, construction of infrastructure has started in the Himalayan district of Manang.…
March 23: The Nepal Bureau of Standards and Metrology (NBSM) Birgunj has filed cases against two industries of Chitwan in the current fiscal…
The Pacific Asia Travel Association (PATA) Annual Summit and Mart 23 will take place in Pokhara, a major tourist destination of Nepal, from 29 May to June…
March 22: Start-up enterprises will now get collateral-free concessional loans up to Rs 2.5…
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', 'content' => '<p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif"">March 24: With the announcement of “Food Crops Insurance” by the Nepal Insurance Authority, now food crops as well will be insured on the basis of production under the agricultural insurance policy. According to the authority, crops such as paddy, corn, barley, wheat and millet will be covered under the insurance policy.</span></span></p> <p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif"">These food crop insurance policies will cover eight different types of damage, including fire, wind, water, weather, land, lightning, disease and insects, and accidental external causes.</span></span></p> <p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif"">In case of damage to food crops due to the risk covered by the insurance policy, the insured must inform the insurer within 3 days of the loss through telephone, SMS, or email.</span></span></p> <p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif"">Under the additional facility, those who have purchased the insurance policy of crops will also get the facility of accidental insurance up to Rs 200,000. Under this facility, the insured will get a maximum of Rs 200,000 in case of death of insured during the insurance period due to reasons other than suicide, irreparable loss of spinal cord due to spinal injury, loss of function of one or both arms above the wrist, loss of function of one or both legs above the ankle and loss of sight in both eyes.</span></span></p> <p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif"">However, it is not possible to partially insure food crops planted in the same area. In case of paddy and millet crops, insurance policy must be taken within 30 days of planting. In case of corn, wheat and barley crops, insurance policy must be taken within 30 days after 7 days of sowing.</span></span></p> <p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif"">According to the insurance policy, the authority has arranged that the insurance fee will be maintained at the rate of 5 percent of the insured amount in the case of rice, corn and wheat crops, and at the rate of 3 percent of the insured amount in the case of barley and millet crops.</span></span></p> <p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif"">Sarthakraj Pandey, assistant manager of Shikhar Insurance's agriculture and small insurance branch says that farmers will benefit from the insurance policy based on the production of food crops.</span></span></p> <p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif"">He said, “Insurance was issued only on the basis of the cost of food crops, due to which it was not possible for the farmers to recover the lost investment due to crop damage up until recently. Now, with the implementation of the insurance policy, the farmer's production will also be protected.” </span></span></p> <p> </p> ', 'published' => true, 'created' => '2023-03-24', 'modified' => '2023-03-24', 'keywords' => '', 'description' => '', 'sortorder' => '17096', 'image' => '20230324011925_paddyyy-transformed.jpeg', 'article_date' => '2023-03-24 13:18:27', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => null, 'user_id' => '34' ) ), (int) 1 => array( 'Article' => array( 'id' => '17360', 'article_category_id' => '1', 'title' => 'Govt Unveils Final Result of 2021 Census', 'sub_title' => 'Population of Nepal is 29.16 million', 'summary' => 'March 24: The government has published the final report of the national census 2021.', 'content' => '<p><span style="font-size:18px">March 24: The government has published the final report of the national census 2021.</span></p> <p><span style="font-size:18px">According to the National Census of Nepal 2021 conducted by the Central Statistics Department, the population of Nepal has reached 29.16 million (2,91,64,578). As per the previous census, the total population of the country stood at 26,494,504.</span></p> <p><span style="font-size:18px">Prime Minister Pushpa Kamal Dahal announced the final results of Nepal's latest census at the 'National Census 2078 Results Publiation Program' held in Kathmandu on Friday.</span></p> <p><span style="font-size:18px">The census revealed that the male population of Nepal is 1,42,53,551 (48.98 percent) and the female population is 1,49,11,027 (51.02 percent).</span></p> ', 'published' => true, 'created' => '2023-03-24', 'modified' => '2023-03-24', 'keywords' => '', 'description' => '', 'sortorder' => '17095', 'image' => '20230324121911_1679637439.collage (63).jpg', 'article_date' => '2023-03-24 12:18:30', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '34' ) ), (int) 2 => array( 'Article' => array( 'id' => '17359', 'article_category_id' => '1', 'title' => 'Earthquake Jolts Mugu ', 'sub_title' => '', 'summary' => 'March 24: An earthquake measuring 4.5 magnitude in the Richter scale occurred at 9:15 am this morning with its epicenter in Mugu district.', 'content' => '<p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"Arial Unicode MS","sans-serif"">March 24: An earthquake measuring 4.5 magnitude in the Richter scale occurred at 9:15 am this morning with its epicenter in Mugu district, the National Earthquake Monitoring and Research Centre, Lainchaur, said. </span></span></span></p> <p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"Arial Unicode MS","sans-serif"">The earthquake was felt in the districts of Karnali and Sudurpaschim provinces. The eastern and western regions of the country have recorded frequent earthquakes in the recent time. -- RSS </span></span></span></p> ', 'published' => true, 'created' => '2023-03-24', 'modified' => '2023-03-24', 'keywords' => '', 'description' => '', 'sortorder' => '17094', 'image' => '20230324121121_earth.jpg', 'article_date' => '2023-03-24 12:10:24', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => null, 'user_id' => '34' ) ), (int) 3 => array( 'Article' => array( 'id' => '17358', 'article_category_id' => '1', 'title' => 'SEBON Files Case against Neupane for Insider Trading', 'sub_title' => '', 'summary' => 'March 24: The Securities Board of Nepal (SEBON) has filed a case against Guru Prasad Neupane at the Kathmandu District Court for the offense of insider trading.', 'content' => '<p><span style="font-size:18px"><span style="font-family:"Times New Roman","serif"">March 24: The Securities Board of Nepal (SEBON) has filed a case against Guru Prasad Neupane at the Kathmandu District Court for the offense of insider trading. SEBON claims that Neupane did insider trading when he was the chairman of Ridi Hydropower Company while buying and selling shares of the company from March 2021 to July 2022. An investigation conducted by the board found that Neupane had committed an offense amounting to Rs 32.3 million.</span></span></p> <p><span style="font-size:18px"><span style="font-family:"Times New Roman","serif"">According to the Securities Registration and Issuance Regulations 2079, the provision states that the director, executive head, auditor, company secretary or any person directly involved in the management or accounting of any organized institution cannot buy, sell or transfer the shares of that organization or its subsidiary company as long as they remain in office or for one year after retiring from the office. Likewise, the person holding this position cannot buy and sell shares in the name of the firm or their family members. For violating the securities law, the board has already punished Neupane with a fine of Rs 75,000 and barred him from being a director in a listed organization for 10 years.</span></span></p> <p><span style="font-size:18px"><span style="font-family:"Times New Roman","serif"">If the case filed by the board in the court is upheld, the punishment can be imprisonment for up to one year or fine equivalent to Rs 32.3 million or both.</span></span></p> <p> </p> <p> </p> <p> </p> ', 'published' => true, 'created' => '2023-03-24', 'modified' => '2023-03-24', 'keywords' => '', 'description' => '', 'sortorder' => '17093', 'image' => '20230324114237_Sebonn new.jpg', 'article_date' => '2023-03-24 11:19:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '34' ) ), (int) 4 => array( 'Article' => array( 'id' => '17357', 'article_category_id' => '1', 'title' => 'COVID-19 Cases Shoot up in Nepal ', 'sub_title' => '', 'summary' => 'March 24: Nepal has recently witnessed rapid rise in COVID-19 cases, the state-owned RSS reported on Friday. ', 'content' => '<p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif"">March 24: Nepal has recently witnessed rapid rise in COVID-19 cases, the state-owned RSS reported on Friday. According to the national news agency, the country reported 17 infection cases in a single day on Thursday.</span></span></p> <p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif"">The Ministry of Health and Population said that the new cases were confirmed after 1,454 tests. On March 21 and 22, no infection case was reported while undertaking 909 and 1,387 tests respectively, added RSS. Active infection cases stood at 30 on Thursday, the news agency cited the ministry as saying. </span></span></p> <p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif"">Nepal has seen impacts of neighbouring India that has reported increasing number of COVID-19 cases of late, Dr Chuman Lal Das, Director of the Epidemiology and Disease Control Division told RSS. The infection is increasing in India.</span></span></p> <p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif"">“People who have tested positive for the virus in India are carrying the disease in Nepal. Seven infected people entered Nepal through the open border yesterday (Wednesday) alone,” said Dr Das, adding that tests have been intensified at the border. </span></span></p> <p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif"">He also urged people to follow the health protocols and receive a booster dose. </span></span></p> <p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif"">Meanwhile, the ministry has also urged all people to receive a booster dose. It has also launched a booster dose campaign across the country in a bid to keep the infection in check. </span></span></p> <p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif"">Last week, the World Health Organisation (WHO) had said that the Covid-19 pandemic could settle down this year to a point where it poses a threat similar to flu.</span></span></p> <p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif"">According to AFP, the WHO voiced confidence that it will be able to declare an end to the emergency some time in 2023, saying it was increasingly hopeful about the pandemic phase of the virus coming to a close. </span></span></p> <p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif"">According to media reports, China, where the virus is reported to have originated, has already downgraded Covid-19 to B-grade virus and has eased restrictions from January 8. Japan, on the other hand is considering downgrading Covid-19 to the same level as seasonal influenza.</span></span></p> <p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif"">The virus, which was first detected in China’s Wuhan in December 2019, has infected more than 683 million people worldwide and has claimed 6.8 million lives. The effects of the virus has largely subsided in recent months, especially in countries that have administered vaccine against the virus.</span></span></p> ', 'published' => true, 'created' => '2023-03-24', 'modified' => '2023-03-24', 'keywords' => '', 'description' => '', 'sortorder' => '17092', 'image' => '20230324105953_20210518112229_1621294179.1.jpg', 'article_date' => '2023-03-24 10:57:54', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '34' ) ), (int) 5 => array( 'Article' => array( 'id' => '17356', 'article_category_id' => '1', 'title' => 'Three Nepali Pilots Grounded', 'sub_title' => '', 'summary' => 'The Civil Aviation Authority of Nepal (CAAN) has grounded a pilot on the charge of hurling offensive words at the air traffic controllers (ATC). ', 'content' => '<p><span style="font-size:18px">March: The Civil Aviation Authority of Nepal (CAAN) has grounded a pilot on the charge of hurling offensive words at the air traffic controllers (ATC). </span></p> <p><span style="font-size:18px">A pilot of the Annapurna helicopter was grounded after he was found throwing vulgar words at the ATCs while attending to the Kathmandu-Lukla flight, said the CAAN spokesperson Jagannath Niraula.</span></p> <p><span style="font-size:18px"> “A pilot of the Annapurna helicopter was grounded for mis-communicating with the ATCs during a Kathmandu-Lukla flight on 21 March, 2023,” he said. </span></p> <p><span style="font-size:18px">Similarly, other two pilots of helicopter companies (Air Dynasty and Fishtail Air) have been grounded for violating the aviation safety guidelines, Niraula said. All three pilots in question will be banned from flying until further notice, Niraula informed. ----RSS </span><br /> </p> ', 'published' => true, 'created' => '2023-03-24', 'modified' => '2023-03-24', 'keywords' => '', 'description' => '', 'sortorder' => '17091', 'image' => '20230324071402_collage (36).jpg', 'article_date' => '2023-03-24 07:10:46', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => null, 'user_id' => '42' ) ), (int) 6 => array( 'Article' => array( 'id' => '17355', 'article_category_id' => '1', 'title' => 'Standard Chartered Bank Organizes Fund-raising Programme For Futuremakers', 'sub_title' => '', 'summary' => 'Standard Chartered Bank Nepal Limited held a staff fundraising program “Home Run 2023” for its sustainability initiative “Futuremakers by Standard Chartered” on March 18, 2023.', 'content' => '<p> </p> <p><span style="font-size:18px">March 24: Standard Chartered Bank Nepal Limited held a staff fundraising program “Home Run 2023” for its sustainability initiative “Futuremakers by Standard Chartered” on March 18, 2023.</span></p> <p><span style="font-size:18px">Around 200 staffers participated in the programme by walking, running and cycling across an 11km route covering the bank’s branches in Naxal, Newroad and Naya Baneshwor.</span></p> <p><span style="font-size:18px">Standard Chartered’s Futuremakers is the bank’s global initiative to tackle inequality and promote greater economic inclusion for young people in communities. The funds raised from the event will be used for Futuremakers-related CSR projects in Nepal.</span></p> <p><span style="font-size:18px">At the inauguration ceremony of the event, Chief Executive Officer Anirvan Ghosh Dastidar expressed his gratitude to the staff members for coming together for this noble cause which would help empower the next generation to learn, earn and grow. </span></p> <p><span style="font-size:18px">“At Standard Chartered, we believe that everyone deserves the opportunity to realise their potential. Home Run is a fantastic initiative by the Bank to help young people from low-income backgrounds by raising funds,” Dastidar added. </span></p> <p> </p> ', 'published' => true, 'created' => '2023-03-24', 'modified' => '2023-03-24', 'keywords' => '', 'description' => '', 'sortorder' => '17090', 'image' => '20230324064719_collage (34).jpg', 'article_date' => '2023-03-24 06:43:47', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => null, 'user_id' => '42' ) ), (int) 7 => array( 'Article' => array( 'id' => '17354', 'article_category_id' => '1', 'title' => 'Social Security Fund has over 400,000 Contributors ', 'sub_title' => '', 'summary' => 'March 23: The number of contributors enlisted in Social Security Fund has reached more than 400,000. ', 'content' => '<p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"Arial Unicode MS","sans-serif"">March 23: The number of contributors enlisted in Social Security Fund has reached more than 400,000. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">Around 430,000 workers have been enlisted in the fund within four years of the launch of the Social Security Scheme. The government had launched the Social Security Scheme on November 27, 2018. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">The fund has recorded the highest number of contributors from Bagmati Province with 307,718 contributors. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">Similarly, 38,957 workers from Koshi Province are enlisted in the fund while 21,258 are from Madhes Province, 15,241 from Gandaki Province, 14,099 from Lumbini Province, 1,529 from Sudurpaschim Province and 1,228 from Karnali Province. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">The fund has set a target to enlist 500,000 workers within the end of the current fiscal year. Around 17,739 employers are associated with the fund. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">The fund has collected Rs 30.11 billion so far. It has paid claim of Rs 2.83 billion to the contributors under various schemes. The fund has been expanding social security area in recent period. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">The fund, which has been incorporating the workers of informal sector in the scheme, has started enlisting Nepali migrant workers and those who are self-employed in foreign lands in the fund from Wednesday. -- RSS </span></span></span></p> ', 'published' => true, 'created' => '2023-03-23', 'modified' => '2023-03-23', 'keywords' => '', 'description' => '', 'sortorder' => '17089', 'image' => '20230323035158_SSF (1).jpg', 'article_date' => '2023-03-23 15:51:14', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => null, 'user_id' => '34' ) ), (int) 8 => array( 'Article' => array( 'id' => '17353', 'article_category_id' => '1', 'title' => 'One Agent, One Insurance Company Policy Comes into Effect', 'sub_title' => '', 'summary' => 'March 23: Nepal Insurance Authority has implemented a provision that one insurance agent cannot work in more than one insurance company of the same type.', 'content' => '<p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif""><span style="font-size:12.0pt"><span style="font-family:"Times New Roman","serif"">March 23: Nepal Insurance Authority has implemented a provision that one insurance agent cannot work in more than one insurance company of the same type.</span></span></span></span></p> <p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif""><span style="font-size:12.0pt"><span style="font-family:"Times New Roman","serif"">In subsection 6 of section 93 of the Insurance Act, 2079, it is mentioned that an insurance agent of one insurer cannot work as an insurance agent of another insurer of the same type of company during the same period.</span></span></span></span></p> <p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif""><span style="font-size:12.0pt"><span style="font-family:"Times New Roman","serif"">According to the provisions of the Insurance Act, 2079, the authority has implemented the policy of 'one agent, one insurance company'. </span></span></span></span></p> <p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif""><span style="font-size:12.0pt"><span style="font-family:"Times New Roman","serif"">With the implementation of the provision, now one person will not be allowed to work as an agent of more than one insurance company of the same type. </span></span></span></span></p> <p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif""><span style="font-size:12.0pt"><span style="font-family:"Times New Roman","serif"">According to the authority, the number of insurance agents has reached 256,322 by mid-March. Among them, 5045 agents are affiliated to more than one insurance company of the same type.</span></span></span></span></p> <p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif""><span style="font-size:12.0pt"><span style="font-family:"Times New Roman","serif"">According to the authority, the number of agents affiliated to two insurance companies doing the same type of business is 4,847 and 178 are affiliated to three companies, while 16 are affiliated are to four companies, 2 each with five and 10 companies.</span></span></span></span></p> <p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif""><span style="font-size:12.0pt"><span style="font-family:"Times New Roman","serif"">With the implementation of the 'One Agent, One Insurance Company' policy by the Insurance Authority, agents affiliated to more than one insurance company of the same type will now be able to choose only one company online. The agent can choose the company and renew it through the One Time Password (OTP) received on the mobile.</span></span></span></span></p> <p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif""><span style="font-size:12.0pt"><span style="font-family:"Times New Roman","serif"">Chairman of the Authority, Surya Prasad Silwal, said that the policy will benefit all the agents, insurance companies and the authority with the implementation of the provision in the Insurance Act.</span></span></span></span></p> <p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif""><span style="font-size:12.0pt"><span style="font-family:"Times New Roman","serif"">“We have implemented the provisions of the Act. With the implementation of this arrangement, it will be easy for the agents to renew, and they will work honestly with only one company,” he added.</span></span></span></span></p> <p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif""><span style="font-size:12.0pt"><span style="font-family:"Times New Roman","serif"">He said that now the insurance companies will have complete information about their agents, and it will be easier for the authority to regulate them.</span></span></span></span></p> <p> </p> <p> </p> ', 'published' => true, 'created' => '2023-03-23', 'modified' => '2023-03-23', 'keywords' => '', 'description' => '', 'sortorder' => '17088', 'image' => '20230323105757_Insurance.jpg', 'article_date' => '2023-03-23 10:57:08', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => null, 'user_id' => '34' ) ), (int) 9 => array( 'Article' => array( 'id' => '17352', 'article_category_id' => '1', 'title' => 'Indian Envoy Assures to take Initiative to Remove Anti-Dumping Duty on Jute', 'sub_title' => '', 'summary' => 'March 23: Indian Ambassador to Nepal, Naveen Srivastava has said that India will take initiatives to remove the anti-dumping duty imposed by India on the import of readymade jute from Nepal. ', 'content' => '<p><span style="font-size:18px"><span style="font-family:"Times New Roman","serif"">March 23: Indian Ambassador to Nepal, Naveen Srivastava has said that India will take initiatives to remove the anti-dumping duty imposed by India on the import of readymade jute from Nepal. After businessmen informed the stakeholders about the problems during a program organized by the Morang Merchants Association, Srivastava said that he would take initiatives to remove the anti-dumping duty in order to facilitate the trade of jute. India has been imposing the anti-dumping duty of up to 4 percent on Nepalese jute imports.</span></span></p> <p><span style="font-size:18px"><span style="font-family:"Times New Roman","serif"">Srivastava also said that the amount of food grains required for Nepal will be easily made available despite the export ban. He said that the Government of India will provide the necessary food if there is a demand with real data.</span></span></p> <p><span style="font-size:18px"><span style="font-family:"Times New Roman","serif"">He said that the Government of India has adopted a policy of taking its neighbors along in development. He also added that the railway service from Bathnaha to Biratnagar ICP will be operational within a short time. He informed that the railway which has been completed up to ICP will be handed over to the Government of Nepal within a few days.</span></span></p> <p><span style="font-size:18px"><span style="font-family:"Times New Roman","serif"">Srivastava said that the essence of Prime Minister Narendra Modi's 'Neighbors First' policy is to move forward for development, and mentioned that both India and Nepal are brothers. He said, “Both countries are equal. None of them is big or small. We should help each other in development.”</span></span></p> <p><span style="font-size:18px"><span style="font-family:"Times New Roman","serif"">After industrialists and businessmen demanded the opening of the closed Indian Embassy office in Biratnagar, Srivastava clarified that the office will be opened if the Nepalese government and the people of Biratnagar want it. He said, “Nepal government should give permission on this matter, if the government allows, the embassy office will be opened here as well.”</span></span></p> <p> </p> ', 'published' => true, 'created' => '2023-03-23', 'modified' => '2023-03-23', 'keywords' => '', 'description' => '', 'sortorder' => '17087', 'image' => '20230323105211_jute.jpg', 'article_date' => '2023-03-23 10:51:25', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => null, 'user_id' => '34' ) ), (int) 10 => array( 'Article' => array( 'id' => '17351', 'article_category_id' => '1', 'title' => 'Social Security to Cover Nepali Migrant Workers', 'sub_title' => '', 'summary' => 'March 23: Nepali migrant workers who are employed abroad or are self-employed have been included in the social security scheme of the government.', 'content' => '<p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif""><span style="font-size:15.0pt"><span style="font-family:"Arial","sans-serif"">March 23: Nepali migrant workers who are employed abroad or are self-employed have been included in the social security scheme of the government. Prime Minister Pushpa Kamal Dahal has launched the work of listing the workers abroad in the scheme amid a special program on Wednesday. </span></span></span></span></p> <p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif""><span style="font-size:15.0pt"><span style="font-family:"Arial","sans-serif"">During the program, Prime Minister Dahal said that the government is effortful to establish the culture to encourage every sector to join the social security fund. He informed that the fund will be used to invest in the physical infrastructure development of the state, entrepreneurship and other productive sectors. </span></span></span></span></p> <p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif""><span style="font-size:15.0pt"><span style="font-family:"Arial","sans-serif"">“I am particularly saddened by the fact that even the contract workers in the government service could not be included in the social security fund so far. I will start making necessary arrangements in this regard," he said.</span></span></span></span></p> <p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif""><span style="font-size:15.0pt"><span style="font-family:"Arial","sans-serif"">Making it clear that the government will not tolerate cheating of young people who go abroad for employment, he said that the days of hurting young people who go abroad for employment are over. </span></span></span></span></p> <p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif""><span style="font-size:15.0pt"><span style="font-family:"Arial","sans-serif"">According to Dahal, the government is preparing to send those who are going abroad only after training them and making them skilled. Prime Minister Dahal also expressed the government's commitment to the full implementation of the five-year strategic plan announced by the Ministry of Labour, Employment and Social Security.</span></span></span></span></p> <p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif""><span style="font-size:15.0pt"><span style="font-family:"Arial","sans-serif"">Labor Secretary Ek Narayan Aryal, who is the chairman of the Social Security Fund, said that the government has started implementing the 'Contribution-based Social Security Scheme Operation Procedures 2079 for Workers in Foreign Employment and Self-Employed Persons Abroad'.</span></span></span></span></p> <p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif""><span style="font-size:15.0pt"><span style="font-family:"Arial","sans-serif"">According to him, no Nepali worker abroad needs to live outside the scope of social security. </span></span></span></span></p> <p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif""><span style="font-size:15.0pt"><span style="font-family:"Arial","sans-serif"">According to Secretary Aryal, this has ensured the social security of 2.2 million workers who are employed abroad. To join the fund, workers have to complete the prescribed process. </span></span></span></span></p> <p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif""><span style="font-size:15.0pt"><span style="font-family:"Arial","sans-serif"">Kapilmani Gyawali, executive director of the SSF said that hundreds of thousands of Nepalis living abroad will benefit from this scheme. According to him, this scheme has been introduced so that the workers who are employed abroad can get benefits including pension.</span></span></span></span></p> <p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif""><span style="font-size:15.0pt"><span style="font-family:"Arial","sans-serif"">In order to bring foreign employment or self-employed workers under the umbrella of social security, the fund has already approved the procedures for listing informal, self-employed and foreign workers in the social security fund, he added.</span></span></span></span></p> <p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif""><span style="font-size:15.0pt"><span style="font-family:"Arial","sans-serif"">“The permission of the employer company is not required to participate in the fund. You can apply by yourself by keeping your passport and work permit. The specified amount can be deposited directly into the account.”</span></span></span></span></p> <p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif""><span style="font-size:15.0pt"><span style="font-family:"Arial","sans-serif"">According to the fund, the procedure has opened the way for millions of informal, self-employed and foreign workers to participate in the contribution-based social security scheme.</span></span></span></span></p> <p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif""><span style="font-size:15.0pt"><span style="font-family:"Arial","sans-serif"">The trade unions have been demanding for a long time to bring the informal and self-employed workers under the scope of social security.</span></span></span></span></p> <p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif""><span style="font-size:15.0pt"><span style="font-family:"Arial","sans-serif"">Even though the workers in Nepal's formal sector have been benefiting from the social security scheme for three years, those who are employed abroad and self-employed were deprived of it. The Non-Resident Nepali Association (NRNA) had also been lobbying to include foreign workers in the social security scheme.</span></span></span></span></p> <p> </p> ', 'published' => true, 'created' => '2023-03-23', 'modified' => '2023-03-23', 'keywords' => '', 'description' => '', 'sortorder' => '17086', 'image' => '20230323104308_PRO-KTM-PMPRACHANDA.jpg', 'article_date' => '2023-03-23 10:42:31', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => null, 'user_id' => '34' ) ), (int) 11 => array( 'Article' => array( 'id' => '17350', 'article_category_id' => '1', 'title' => 'Construction Works in Manang Resume with the End of Winter', 'sub_title' => '', 'summary' => 'March 23: With the end of winter, construction of infrastructure has started in the Himalayan district of Manang. ', 'content' => '<p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif""><span style="font-size:15.0pt"><span style="font-family:"Arial","sans-serif"">March 23: With the end of winter, construction of infrastructure has started in the Himalayan district of Manang. The infrastructure office informed that the construction work, which was halted due to the cold weather, has once again gained momentum. The head of the office Jay Bista said that the construction work which was stopped due to extreme cold has now started. Due to the extreme cold weather in the district, the construction work of the physical infrastructures damaged by the continuous rainfall last year was halted.</span></span></span></span></p> <p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif""><span style="font-size:15.0pt"><span style="font-family:"Arial","sans-serif"">Chief District Officer Suprabha Khanal Dhungel said that the construction of roads, bridges and hydropower in Upper Manang which had been stopped earlier has resumed now. </span></span></span></span></p> <p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif""><span style="font-size:15.0pt"><span style="font-family:"Arial","sans-serif"">Chief Engineer Bista said that development work is going on in Chame, Nason, Narpabhumi and Ngisyang Rural Municipality of the district. </span></span></span></span></p> <p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif""><span style="font-size:15.0pt"><span style="font-family:"Arial","sans-serif"">"Due to the extreme cold in winter, the infrastructure construction work in upper Manang could not be done, but now it has started. The work here can only be done for a total of three months in a year," said Bista.</span></span></span></span></p> <p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif""><span style="font-size:15.0pt"><span style="font-family:"Arial","sans-serif"">According to him, construction of such a retaining wall, drain construction, road maintenance are being done under the road construction work. He said that the work stopped by the cold is now being done intensively with the aim of making things easier before the onset of the rainy season. </span></span></span></span></p> <p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif""><span style="font-size:15.0pt"><span style="font-family:"Arial","sans-serif"">The construction work of the Chame-Bensisahar road section, which is the lifeline of Manang, has also been accelerated since the weather has been favorable. For the construction of this road section, the budget has been allocated annually under the multi-year plan. The government has been allocating budget specifically for road construction and development to facilitate transportation in the district.</span></span></span></span></p> <p> </p> ', 'published' => true, 'created' => '2023-03-23', 'modified' => '2023-03-23', 'keywords' => '', 'description' => '', 'sortorder' => '17085', 'image' => '20230323101835_Manang.jpg', 'article_date' => '2023-03-23 10:17:52', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => null, 'user_id' => '34' ) ), (int) 12 => array( 'Article' => array( 'id' => '17349', 'article_category_id' => '1', 'title' => 'NBSM Takes Action against 973 Firms', 'sub_title' => '', 'summary' => 'March 23: The Nepal Bureau of Standards and Metrology (NBSM) Birgunj has filed cases against two industries of Chitwan in the current fiscal year.', 'content' => '<p><span style="font-size:18px"><span style="font-family:"Times New Roman","serif"">March 23: The Nepal Bureau of Standards and Metrology (NBSM) Birgunj has filed cases against two industries of Chitwan in the current fiscal year.</span></span></p> <p><span style="font-size:18px"><span style="font-family:"Times New Roman","serif"">Manish Kumar Das, head of the office, informed that the cases were filed after it was found that the industries were using weighing machines without obtaining a license.</span></span></p> <p><span style="font-size:18px"><span style="font-family:"Times New Roman","serif"">The office has also taken action and fined 973 commercial and industrial establishments that did not renew their measuring devices from mid-July to mid-March of the current fiscal year.</span></span></p> <p><span style="font-size:18px"><span style="font-family:"Times New Roman","serif"">During the review period, the office also claimed that 391 commercial and industrial establishments were granted new licenses related to weighing. Also, during the same period, the office renewed the measuring devices of 814 commercial and industrial establishments. In the last eight months, the office collected Rs 8,021,855 in revenue.</span></span></p> <p><span style="font-size:18px"><span style="font-family:"Times New Roman","serif"">Das said that from mid-July to mid-March of the current fiscal year, the office conducted single monitoring 24 times and joint monitoring 22 times. Similarly, he also informed that the office also inspected 604 pump nozzles and 36 tankers in its area of operation.</span></span></p> <p><span style="font-size:18px"><span style="font-family:"Times New Roman","serif"">As per the information provided by Das, the office is also giving training on industrial production and weighing equipment every Friday. NBSM has also been warning not to self-produce against the standards set by the department. If found doing so, there is a provision for a fine from Rs 5000 up to Rs 10,000.</span></span></p> <p> </p> ', 'published' => true, 'created' => '2023-03-23', 'modified' => '2023-03-23', 'keywords' => '', 'description' => '', 'sortorder' => '17084', 'image' => '20230323093853_market monitoring.jpg', 'article_date' => '2023-03-23 09:38:14', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => null, 'user_id' => '34' ) ), (int) 13 => array( 'Article' => array( 'id' => '17347', 'article_category_id' => '1', 'title' => 'Pokhara to Host PATA Summit 2023 From May 29 to June 1', 'sub_title' => '', 'summary' => 'The Pacific Asia Travel Association (PATA) Annual Summit and Mart 23 will take place in Pokhara, a major tourist destination of Nepal, from 29 May to June 1. ', 'content' => '<p><br /> <span style="font-size:18px">March 22: The Pacific Asia Travel Association (PATA) Annual Summit and Mart 23 will take place in Pokhara, a major tourist destination of Nepal, from 29 May to June 1. </span></p> <p><span style="font-size:18px">Co-organised by the Government of Nepal, the Nepal Tourism Board, and the PATA, this is the first time that the Summit is taking place in Pokhara since Nepal got its international membership in 1975, said the NTB chief executive officer, Dr Dhananjaya Regmi at a press conference in Pokhara on Wednesday. </span></p> <p><span style="font-size:18px">The local government will coordinate the Summit. For the event, a main organising committee has been formed under the chairpersonship of the NTB chairperson, and organisations relating to tourism are members. </span></p> <p><span style="font-size:18px">This conclave is expected to be a milestone in the promotion of tourism in Nepal in general, and Pokhara and Gandaki Province in particular, at a time when the sector hit-hard by the COVID-19 pandemic is reviving, Regmi said.</span></p> <p><span style="font-size:18px">The summit has also provided an opportunity for Nepali and international tourism entrepreneurs to meet and share at the same platform, Regmi added. </span></p> <p><span style="font-size:18px">“This is the third time that Nepal is hosting the Adventure Mart, and the first time that the Summit is taking place in Nepal. We expect the summit to further boost Nepal’s tourism and return the tourism situation to the same pre-COVID by the end of 2023 by increasing inflows of tourists,” said Regmi.</span></p> <p><span style="font-size:18px"> Around 300 representatives from 15 different countries and the PATA executive board members are expected to participate in the event. </span></p> <p><span style="font-size:18px"> A wide range of issues from sustainable tourism to crisis management, aviation safety, and adventure and mountainous tourism will be discussed, said Secretary of the PATA International, Suman Pandey. </span></p> <p><span style="font-size:18px">The Pokhara Metropolitan City Mayor Dhanraj Acharya pledged to provide required assistances to make the PATA Summit a success. ---RSS </span></p> ', 'published' => true, 'created' => '2023-03-22', 'modified' => '2023-03-22', 'keywords' => '', 'description' => '', 'sortorder' => '17082', 'image' => '20230322051752_collage - 2023-03-22T171729.016.jpg', 'article_date' => '2023-03-22 17:14:41', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => null, 'user_id' => '42' ) ), (int) 14 => array( 'Article' => array( 'id' => '17346', 'article_category_id' => '1', 'title' => 'Start-ups to get upto Rs 2.5 Million Collateral-free Loans ', 'sub_title' => '', 'summary' => 'March 22: Start-up enterprises will now get collateral-free concessional loans up to Rs 2.5 million. ', 'content' => '<p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif""><span style="font-size:12.0pt"><span style="font-family:"Times New Roman","serif"">March 22: Start-up enterprises will now get collateral-free concessional loans up to Rs 2.5 million. </span></span></span></span></p> <p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif""><span style="font-size:12.0pt"><span style="font-family:"Times New Roman","serif"">The Ministry of Industry, Commerce and Supplies has prepared and approved the start-up loan procedure to provide loan facilities at subsidized interest rate without collateral to 14 types of enterprises.</span></span></span></span></p> <p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif""><span style="font-size:12.0pt"><span style="font-family:"Times New Roman","serif"">According to the procedure, the enterprises designated to get concessional loans under start-up should not be operating for more than seven years. It is mentioned in the procedure that concessional loans can be granted to those enterprises that meet at least five of the seven criteria set by the government, including the paid-up capital not exceeding Rs 50 million, the total income of the business not exceeding Rs 50 million a year, the fixed capital not exceeding Rs 20 million, and the enterprise not having more than 10 full-time employees.</span></span></span></span></p> <p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif""><span style="font-size:12.0pt"><span style="font-family:"Times New Roman","serif"">The government has allocated a budget of Rs 250 million in the current fiscal year for the disbursement of start-up loans. After the implementation of the procedure, the start-up enterprises that meet the standards set by the government will get a loan of Rs 2.5 million without collateral from the commercial banks for 7 years at an annual interest rate of 3 per cent. </span></span></span></span></p> <p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif""><span style="font-size:12.0pt"><span style="font-family:"Times New Roman","serif"">Joint Secretary Baburam Gautam, head of the Industrial Division under the Ministry of Industry, Commerce and Supplies said that the start-up loan procedure has been sent to the related agencies for implementation. </span></span></span></span></p> <p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif""><span style="font-size:12.0pt"><span style="font-family:"Times New Roman","serif"">"The Ministry of Industry has approved the start-up loan procedure and sent it to the Department of Industry for implementation," Division Head Gautam told New Business Age on Tuesday, "The start-up policy has been sent to the Ministry of Finance and the National Planning Commission for consultation."</span></span></span></span></p> <p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif""><span style="font-size:12.0pt"><span style="font-family:"Times New Roman","serif"">According to Joint Secretary Gautam, eligible start-ups can now apply for concessional loans. "We will evaluate their application and provide loans as soon as possible," he said.</span></span></span></span></p> <p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif""><span style="font-size:12.0pt"><span style="font-family:"Times New Roman","serif"">The start-up enterprise credit fund procedure 2079 is about to be implemented for the first time in Nepal.</span></span></span></span></p> <p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif""><span style="font-size:12.0pt"><span style="font-family:"Times New Roman","serif"">Industrialists are happy after the government introduced this kind of arrangement. </span></span></span></span></p> <p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif""><span style="font-size:12.0pt"><span style="font-family:"Times New Roman","serif"">Ranjit Acharya, coordinator of the Start-Up Innovation Committee under the Federation of Nepal Chamber of Commerce and Industry, said that everything possible to encourage and support start-up enterprises is included in the start-up policy. </span></span></span></span></p> <p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif""><span style="font-size:12.0pt"><span style="font-family:"Times New Roman","serif"">He said, "The start-up policy will make the current ecosystem sustainable and innovative." Even though this arrangement is already in place, it has been delayed because the officials of the ministry took a long time to understand the start-up issue.”</span></span></span></span></p> <p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif""><span style="font-size:12.0pt"><span style="font-family:"Times New Roman","serif"">Acharya also expressed his apprehension that the start-up process may become a victim of political conflict. </span></span></span></span></p> <p> </p> <p> </p> <p> </p> <p> </p> ', 'published' => true, 'created' => '2023-03-22', 'modified' => '2023-03-22', 'keywords' => '', 'description' => '', 'sortorder' => '17081', 'image' => '20230322044214_startup.jpg', 'article_date' => '2023-03-22 16:41:33', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => null, 'user_id' => '34' ) ) ) $current_user = null $logged_in = falseinclude - APP/View/Elements/side_bar.ctp, line 60 View::_evaluate() - CORE/Cake/View/View.php, line 971 View::_render() - CORE/Cake/View/View.php, line 933 View::_renderElement() - CORE/Cake/View/View.php, line 1224 View::element() - CORE/Cake/View/View.php, line 418 include - APP/View/Articles/index.ctp, line 157 View::_evaluate() - CORE/Cake/View/View.php, line 971 View::_render() - CORE/Cake/View/View.php, line 933 View::render() - CORE/Cake/View/View.php, line 473 Controller::render() - CORE/Cake/Controller/Controller.php, line 968 Dispatcher::_invoke() - CORE/Cake/Routing/Dispatcher.php, line 200 Dispatcher::dispatch() - CORE/Cake/Routing/Dispatcher.php, line 167 [main] - APP/webroot/index.php, line 117
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', 'content' => '<p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif"">March 24: With the announcement of “Food Crops Insurance” by the Nepal Insurance Authority, now food crops as well will be insured on the basis of production under the agricultural insurance policy. According to the authority, crops such as paddy, corn, barley, wheat and millet will be covered under the insurance policy.</span></span></p> <p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif"">These food crop insurance policies will cover eight different types of damage, including fire, wind, water, weather, land, lightning, disease and insects, and accidental external causes.</span></span></p> <p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif"">In case of damage to food crops due to the risk covered by the insurance policy, the insured must inform the insurer within 3 days of the loss through telephone, SMS, or email.</span></span></p> <p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif"">Under the additional facility, those who have purchased the insurance policy of crops will also get the facility of accidental insurance up to Rs 200,000. Under this facility, the insured will get a maximum of Rs 200,000 in case of death of insured during the insurance period due to reasons other than suicide, irreparable loss of spinal cord due to spinal injury, loss of function of one or both arms above the wrist, loss of function of one or both legs above the ankle and loss of sight in both eyes.</span></span></p> <p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif"">However, it is not possible to partially insure food crops planted in the same area. In case of paddy and millet crops, insurance policy must be taken within 30 days of planting. In case of corn, wheat and barley crops, insurance policy must be taken within 30 days after 7 days of sowing.</span></span></p> <p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif"">According to the insurance policy, the authority has arranged that the insurance fee will be maintained at the rate of 5 percent of the insured amount in the case of rice, corn and wheat crops, and at the rate of 3 percent of the insured amount in the case of barley and millet crops.</span></span></p> <p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif"">Sarthakraj Pandey, assistant manager of Shikhar Insurance's agriculture and small insurance branch says that farmers will benefit from the insurance policy based on the production of food crops.</span></span></p> <p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif"">He said, “Insurance was issued only on the basis of the cost of food crops, due to which it was not possible for the farmers to recover the lost investment due to crop damage up until recently. Now, with the implementation of the insurance policy, the farmer's production will also be protected.” </span></span></p> <p> </p> ', 'published' => true, 'created' => '2023-03-24', 'modified' => '2023-03-24', 'keywords' => '', 'description' => '', 'sortorder' => '17096', 'image' => '20230324011925_paddyyy-transformed.jpeg', 'article_date' => '2023-03-24 13:18:27', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => null, 'user_id' => '34' ) ), (int) 1 => array( 'Article' => array( 'id' => '17360', 'article_category_id' => '1', 'title' => 'Govt Unveils Final Result of 2021 Census', 'sub_title' => 'Population of Nepal is 29.16 million', 'summary' => 'March 24: The government has published the final report of the national census 2021.', 'content' => '<p><span style="font-size:18px">March 24: The government has published the final report of the national census 2021.</span></p> <p><span style="font-size:18px">According to the National Census of Nepal 2021 conducted by the Central Statistics Department, the population of Nepal has reached 29.16 million (2,91,64,578). As per the previous census, the total population of the country stood at 26,494,504.</span></p> <p><span style="font-size:18px">Prime Minister Pushpa Kamal Dahal announced the final results of Nepal's latest census at the 'National Census 2078 Results Publiation Program' held in Kathmandu on Friday.</span></p> <p><span style="font-size:18px">The census revealed that the male population of Nepal is 1,42,53,551 (48.98 percent) and the female population is 1,49,11,027 (51.02 percent).</span></p> ', 'published' => true, 'created' => '2023-03-24', 'modified' => '2023-03-24', 'keywords' => '', 'description' => '', 'sortorder' => '17095', 'image' => '20230324121911_1679637439.collage (63).jpg', 'article_date' => '2023-03-24 12:18:30', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '34' ) ), (int) 2 => array( 'Article' => array( 'id' => '17359', 'article_category_id' => '1', 'title' => 'Earthquake Jolts Mugu ', 'sub_title' => '', 'summary' => 'March 24: An earthquake measuring 4.5 magnitude in the Richter scale occurred at 9:15 am this morning with its epicenter in Mugu district.', 'content' => '<p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"Arial Unicode MS","sans-serif"">March 24: An earthquake measuring 4.5 magnitude in the Richter scale occurred at 9:15 am this morning with its epicenter in Mugu district, the National Earthquake Monitoring and Research Centre, Lainchaur, said. </span></span></span></p> <p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"Arial Unicode MS","sans-serif"">The earthquake was felt in the districts of Karnali and Sudurpaschim provinces. The eastern and western regions of the country have recorded frequent earthquakes in the recent time. -- RSS </span></span></span></p> ', 'published' => true, 'created' => '2023-03-24', 'modified' => '2023-03-24', 'keywords' => '', 'description' => '', 'sortorder' => '17094', 'image' => '20230324121121_earth.jpg', 'article_date' => '2023-03-24 12:10:24', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => null, 'user_id' => '34' ) ), (int) 3 => array( 'Article' => array( 'id' => '17358', 'article_category_id' => '1', 'title' => 'SEBON Files Case against Neupane for Insider Trading', 'sub_title' => '', 'summary' => 'March 24: The Securities Board of Nepal (SEBON) has filed a case against Guru Prasad Neupane at the Kathmandu District Court for the offense of insider trading.', 'content' => '<p><span style="font-size:18px"><span style="font-family:"Times New Roman","serif"">March 24: The Securities Board of Nepal (SEBON) has filed a case against Guru Prasad Neupane at the Kathmandu District Court for the offense of insider trading. SEBON claims that Neupane did insider trading when he was the chairman of Ridi Hydropower Company while buying and selling shares of the company from March 2021 to July 2022. An investigation conducted by the board found that Neupane had committed an offense amounting to Rs 32.3 million.</span></span></p> <p><span style="font-size:18px"><span style="font-family:"Times New Roman","serif"">According to the Securities Registration and Issuance Regulations 2079, the provision states that the director, executive head, auditor, company secretary or any person directly involved in the management or accounting of any organized institution cannot buy, sell or transfer the shares of that organization or its subsidiary company as long as they remain in office or for one year after retiring from the office. Likewise, the person holding this position cannot buy and sell shares in the name of the firm or their family members. For violating the securities law, the board has already punished Neupane with a fine of Rs 75,000 and barred him from being a director in a listed organization for 10 years.</span></span></p> <p><span style="font-size:18px"><span style="font-family:"Times New Roman","serif"">If the case filed by the board in the court is upheld, the punishment can be imprisonment for up to one year or fine equivalent to Rs 32.3 million or both.</span></span></p> <p> </p> <p> </p> <p> </p> ', 'published' => true, 'created' => '2023-03-24', 'modified' => '2023-03-24', 'keywords' => '', 'description' => '', 'sortorder' => '17093', 'image' => '20230324114237_Sebonn new.jpg', 'article_date' => '2023-03-24 11:19:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '34' ) ), (int) 4 => array( 'Article' => array( 'id' => '17357', 'article_category_id' => '1', 'title' => 'COVID-19 Cases Shoot up in Nepal ', 'sub_title' => '', 'summary' => 'March 24: Nepal has recently witnessed rapid rise in COVID-19 cases, the state-owned RSS reported on Friday. ', 'content' => '<p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif"">March 24: Nepal has recently witnessed rapid rise in COVID-19 cases, the state-owned RSS reported on Friday. According to the national news agency, the country reported 17 infection cases in a single day on Thursday.</span></span></p> <p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif"">The Ministry of Health and Population said that the new cases were confirmed after 1,454 tests. On March 21 and 22, no infection case was reported while undertaking 909 and 1,387 tests respectively, added RSS. Active infection cases stood at 30 on Thursday, the news agency cited the ministry as saying. </span></span></p> <p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif"">Nepal has seen impacts of neighbouring India that has reported increasing number of COVID-19 cases of late, Dr Chuman Lal Das, Director of the Epidemiology and Disease Control Division told RSS. The infection is increasing in India.</span></span></p> <p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif"">“People who have tested positive for the virus in India are carrying the disease in Nepal. Seven infected people entered Nepal through the open border yesterday (Wednesday) alone,” said Dr Das, adding that tests have been intensified at the border. </span></span></p> <p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif"">He also urged people to follow the health protocols and receive a booster dose. </span></span></p> <p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif"">Meanwhile, the ministry has also urged all people to receive a booster dose. It has also launched a booster dose campaign across the country in a bid to keep the infection in check. </span></span></p> <p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif"">Last week, the World Health Organisation (WHO) had said that the Covid-19 pandemic could settle down this year to a point where it poses a threat similar to flu.</span></span></p> <p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif"">According to AFP, the WHO voiced confidence that it will be able to declare an end to the emergency some time in 2023, saying it was increasingly hopeful about the pandemic phase of the virus coming to a close. </span></span></p> <p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif"">According to media reports, China, where the virus is reported to have originated, has already downgraded Covid-19 to B-grade virus and has eased restrictions from January 8. Japan, on the other hand is considering downgrading Covid-19 to the same level as seasonal influenza.</span></span></p> <p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif"">The virus, which was first detected in China’s Wuhan in December 2019, has infected more than 683 million people worldwide and has claimed 6.8 million lives. The effects of the virus has largely subsided in recent months, especially in countries that have administered vaccine against the virus.</span></span></p> ', 'published' => true, 'created' => '2023-03-24', 'modified' => '2023-03-24', 'keywords' => '', 'description' => '', 'sortorder' => '17092', 'image' => '20230324105953_20210518112229_1621294179.1.jpg', 'article_date' => '2023-03-24 10:57:54', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '34' ) ), (int) 5 => array( 'Article' => array( 'id' => '17356', 'article_category_id' => '1', 'title' => 'Three Nepali Pilots Grounded', 'sub_title' => '', 'summary' => 'The Civil Aviation Authority of Nepal (CAAN) has grounded a pilot on the charge of hurling offensive words at the air traffic controllers (ATC). ', 'content' => '<p><span style="font-size:18px">March: The Civil Aviation Authority of Nepal (CAAN) has grounded a pilot on the charge of hurling offensive words at the air traffic controllers (ATC). </span></p> <p><span style="font-size:18px">A pilot of the Annapurna helicopter was grounded after he was found throwing vulgar words at the ATCs while attending to the Kathmandu-Lukla flight, said the CAAN spokesperson Jagannath Niraula.</span></p> <p><span style="font-size:18px"> “A pilot of the Annapurna helicopter was grounded for mis-communicating with the ATCs during a Kathmandu-Lukla flight on 21 March, 2023,” he said. </span></p> <p><span style="font-size:18px">Similarly, other two pilots of helicopter companies (Air Dynasty and Fishtail Air) have been grounded for violating the aviation safety guidelines, Niraula said. All three pilots in question will be banned from flying until further notice, Niraula informed. ----RSS </span><br /> </p> ', 'published' => true, 'created' => '2023-03-24', 'modified' => '2023-03-24', 'keywords' => '', 'description' => '', 'sortorder' => '17091', 'image' => '20230324071402_collage (36).jpg', 'article_date' => '2023-03-24 07:10:46', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => null, 'user_id' => '42' ) ), (int) 6 => array( 'Article' => array( 'id' => '17355', 'article_category_id' => '1', 'title' => 'Standard Chartered Bank Organizes Fund-raising Programme For Futuremakers', 'sub_title' => '', 'summary' => 'Standard Chartered Bank Nepal Limited held a staff fundraising program “Home Run 2023” for its sustainability initiative “Futuremakers by Standard Chartered” on March 18, 2023.', 'content' => '<p> </p> <p><span style="font-size:18px">March 24: Standard Chartered Bank Nepal Limited held a staff fundraising program “Home Run 2023” for its sustainability initiative “Futuremakers by Standard Chartered” on March 18, 2023.</span></p> <p><span style="font-size:18px">Around 200 staffers participated in the programme by walking, running and cycling across an 11km route covering the bank’s branches in Naxal, Newroad and Naya Baneshwor.</span></p> <p><span style="font-size:18px">Standard Chartered’s Futuremakers is the bank’s global initiative to tackle inequality and promote greater economic inclusion for young people in communities. The funds raised from the event will be used for Futuremakers-related CSR projects in Nepal.</span></p> <p><span style="font-size:18px">At the inauguration ceremony of the event, Chief Executive Officer Anirvan Ghosh Dastidar expressed his gratitude to the staff members for coming together for this noble cause which would help empower the next generation to learn, earn and grow. </span></p> <p><span style="font-size:18px">“At Standard Chartered, we believe that everyone deserves the opportunity to realise their potential. Home Run is a fantastic initiative by the Bank to help young people from low-income backgrounds by raising funds,” Dastidar added. </span></p> <p> </p> ', 'published' => true, 'created' => '2023-03-24', 'modified' => '2023-03-24', 'keywords' => '', 'description' => '', 'sortorder' => '17090', 'image' => '20230324064719_collage (34).jpg', 'article_date' => '2023-03-24 06:43:47', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => null, 'user_id' => '42' ) ), (int) 7 => array( 'Article' => array( 'id' => '17354', 'article_category_id' => '1', 'title' => 'Social Security Fund has over 400,000 Contributors ', 'sub_title' => '', 'summary' => 'March 23: The number of contributors enlisted in Social Security Fund has reached more than 400,000. ', 'content' => '<p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"Arial Unicode MS","sans-serif"">March 23: The number of contributors enlisted in Social Security Fund has reached more than 400,000. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">Around 430,000 workers have been enlisted in the fund within four years of the launch of the Social Security Scheme. The government had launched the Social Security Scheme on November 27, 2018. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">The fund has recorded the highest number of contributors from Bagmati Province with 307,718 contributors. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">Similarly, 38,957 workers from Koshi Province are enlisted in the fund while 21,258 are from Madhes Province, 15,241 from Gandaki Province, 14,099 from Lumbini Province, 1,529 from Sudurpaschim Province and 1,228 from Karnali Province. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">The fund has set a target to enlist 500,000 workers within the end of the current fiscal year. Around 17,739 employers are associated with the fund. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">The fund has collected Rs 30.11 billion so far. It has paid claim of Rs 2.83 billion to the contributors under various schemes. The fund has been expanding social security area in recent period. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">The fund, which has been incorporating the workers of informal sector in the scheme, has started enlisting Nepali migrant workers and those who are self-employed in foreign lands in the fund from Wednesday. -- RSS </span></span></span></p> ', 'published' => true, 'created' => '2023-03-23', 'modified' => '2023-03-23', 'keywords' => '', 'description' => '', 'sortorder' => '17089', 'image' => '20230323035158_SSF (1).jpg', 'article_date' => '2023-03-23 15:51:14', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => null, 'user_id' => '34' ) ), (int) 8 => array( 'Article' => array( 'id' => '17353', 'article_category_id' => '1', 'title' => 'One Agent, One Insurance Company Policy Comes into Effect', 'sub_title' => '', 'summary' => 'March 23: Nepal Insurance Authority has implemented a provision that one insurance agent cannot work in more than one insurance company of the same type.', 'content' => '<p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif""><span style="font-size:12.0pt"><span style="font-family:"Times New Roman","serif"">March 23: Nepal Insurance Authority has implemented a provision that one insurance agent cannot work in more than one insurance company of the same type.</span></span></span></span></p> <p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif""><span style="font-size:12.0pt"><span style="font-family:"Times New Roman","serif"">In subsection 6 of section 93 of the Insurance Act, 2079, it is mentioned that an insurance agent of one insurer cannot work as an insurance agent of another insurer of the same type of company during the same period.</span></span></span></span></p> <p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif""><span style="font-size:12.0pt"><span style="font-family:"Times New Roman","serif"">According to the provisions of the Insurance Act, 2079, the authority has implemented the policy of 'one agent, one insurance company'. </span></span></span></span></p> <p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif""><span style="font-size:12.0pt"><span style="font-family:"Times New Roman","serif"">With the implementation of the provision, now one person will not be allowed to work as an agent of more than one insurance company of the same type. </span></span></span></span></p> <p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif""><span style="font-size:12.0pt"><span style="font-family:"Times New Roman","serif"">According to the authority, the number of insurance agents has reached 256,322 by mid-March. Among them, 5045 agents are affiliated to more than one insurance company of the same type.</span></span></span></span></p> <p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif""><span style="font-size:12.0pt"><span style="font-family:"Times New Roman","serif"">According to the authority, the number of agents affiliated to two insurance companies doing the same type of business is 4,847 and 178 are affiliated to three companies, while 16 are affiliated are to four companies, 2 each with five and 10 companies.</span></span></span></span></p> <p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif""><span style="font-size:12.0pt"><span style="font-family:"Times New Roman","serif"">With the implementation of the 'One Agent, One Insurance Company' policy by the Insurance Authority, agents affiliated to more than one insurance company of the same type will now be able to choose only one company online. The agent can choose the company and renew it through the One Time Password (OTP) received on the mobile.</span></span></span></span></p> <p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif""><span style="font-size:12.0pt"><span style="font-family:"Times New Roman","serif"">Chairman of the Authority, Surya Prasad Silwal, said that the policy will benefit all the agents, insurance companies and the authority with the implementation of the provision in the Insurance Act.</span></span></span></span></p> <p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif""><span style="font-size:12.0pt"><span style="font-family:"Times New Roman","serif"">“We have implemented the provisions of the Act. With the implementation of this arrangement, it will be easy for the agents to renew, and they will work honestly with only one company,” he added.</span></span></span></span></p> <p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif""><span style="font-size:12.0pt"><span style="font-family:"Times New Roman","serif"">He said that now the insurance companies will have complete information about their agents, and it will be easier for the authority to regulate them.</span></span></span></span></p> <p> </p> <p> </p> ', 'published' => true, 'created' => '2023-03-23', 'modified' => '2023-03-23', 'keywords' => '', 'description' => '', 'sortorder' => '17088', 'image' => '20230323105757_Insurance.jpg', 'article_date' => '2023-03-23 10:57:08', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => null, 'user_id' => '34' ) ), (int) 9 => array( 'Article' => array( 'id' => '17352', 'article_category_id' => '1', 'title' => 'Indian Envoy Assures to take Initiative to Remove Anti-Dumping Duty on Jute', 'sub_title' => '', 'summary' => 'March 23: Indian Ambassador to Nepal, Naveen Srivastava has said that India will take initiatives to remove the anti-dumping duty imposed by India on the import of readymade jute from Nepal. ', 'content' => '<p><span style="font-size:18px"><span style="font-family:"Times New Roman","serif"">March 23: Indian Ambassador to Nepal, Naveen Srivastava has said that India will take initiatives to remove the anti-dumping duty imposed by India on the import of readymade jute from Nepal. After businessmen informed the stakeholders about the problems during a program organized by the Morang Merchants Association, Srivastava said that he would take initiatives to remove the anti-dumping duty in order to facilitate the trade of jute. India has been imposing the anti-dumping duty of up to 4 percent on Nepalese jute imports.</span></span></p> <p><span style="font-size:18px"><span style="font-family:"Times New Roman","serif"">Srivastava also said that the amount of food grains required for Nepal will be easily made available despite the export ban. He said that the Government of India will provide the necessary food if there is a demand with real data.</span></span></p> <p><span style="font-size:18px"><span style="font-family:"Times New Roman","serif"">He said that the Government of India has adopted a policy of taking its neighbors along in development. He also added that the railway service from Bathnaha to Biratnagar ICP will be operational within a short time. He informed that the railway which has been completed up to ICP will be handed over to the Government of Nepal within a few days.</span></span></p> <p><span style="font-size:18px"><span style="font-family:"Times New Roman","serif"">Srivastava said that the essence of Prime Minister Narendra Modi's 'Neighbors First' policy is to move forward for development, and mentioned that both India and Nepal are brothers. He said, “Both countries are equal. None of them is big or small. We should help each other in development.”</span></span></p> <p><span style="font-size:18px"><span style="font-family:"Times New Roman","serif"">After industrialists and businessmen demanded the opening of the closed Indian Embassy office in Biratnagar, Srivastava clarified that the office will be opened if the Nepalese government and the people of Biratnagar want it. He said, “Nepal government should give permission on this matter, if the government allows, the embassy office will be opened here as well.”</span></span></p> <p> </p> ', 'published' => true, 'created' => '2023-03-23', 'modified' => '2023-03-23', 'keywords' => '', 'description' => '', 'sortorder' => '17087', 'image' => '20230323105211_jute.jpg', 'article_date' => '2023-03-23 10:51:25', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => null, 'user_id' => '34' ) ), (int) 10 => array( 'Article' => array( 'id' => '17351', 'article_category_id' => '1', 'title' => 'Social Security to Cover Nepali Migrant Workers', 'sub_title' => '', 'summary' => 'March 23: Nepali migrant workers who are employed abroad or are self-employed have been included in the social security scheme of the government.', 'content' => '<p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif""><span style="font-size:15.0pt"><span style="font-family:"Arial","sans-serif"">March 23: Nepali migrant workers who are employed abroad or are self-employed have been included in the social security scheme of the government. Prime Minister Pushpa Kamal Dahal has launched the work of listing the workers abroad in the scheme amid a special program on Wednesday. </span></span></span></span></p> <p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif""><span style="font-size:15.0pt"><span style="font-family:"Arial","sans-serif"">During the program, Prime Minister Dahal said that the government is effortful to establish the culture to encourage every sector to join the social security fund. He informed that the fund will be used to invest in the physical infrastructure development of the state, entrepreneurship and other productive sectors. </span></span></span></span></p> <p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif""><span style="font-size:15.0pt"><span style="font-family:"Arial","sans-serif"">“I am particularly saddened by the fact that even the contract workers in the government service could not be included in the social security fund so far. I will start making necessary arrangements in this regard," he said.</span></span></span></span></p> <p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif""><span style="font-size:15.0pt"><span style="font-family:"Arial","sans-serif"">Making it clear that the government will not tolerate cheating of young people who go abroad for employment, he said that the days of hurting young people who go abroad for employment are over. </span></span></span></span></p> <p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif""><span style="font-size:15.0pt"><span style="font-family:"Arial","sans-serif"">According to Dahal, the government is preparing to send those who are going abroad only after training them and making them skilled. Prime Minister Dahal also expressed the government's commitment to the full implementation of the five-year strategic plan announced by the Ministry of Labour, Employment and Social Security.</span></span></span></span></p> <p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif""><span style="font-size:15.0pt"><span style="font-family:"Arial","sans-serif"">Labor Secretary Ek Narayan Aryal, who is the chairman of the Social Security Fund, said that the government has started implementing the 'Contribution-based Social Security Scheme Operation Procedures 2079 for Workers in Foreign Employment and Self-Employed Persons Abroad'.</span></span></span></span></p> <p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif""><span style="font-size:15.0pt"><span style="font-family:"Arial","sans-serif"">According to him, no Nepali worker abroad needs to live outside the scope of social security. </span></span></span></span></p> <p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif""><span style="font-size:15.0pt"><span style="font-family:"Arial","sans-serif"">According to Secretary Aryal, this has ensured the social security of 2.2 million workers who are employed abroad. To join the fund, workers have to complete the prescribed process. </span></span></span></span></p> <p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif""><span style="font-size:15.0pt"><span style="font-family:"Arial","sans-serif"">Kapilmani Gyawali, executive director of the SSF said that hundreds of thousands of Nepalis living abroad will benefit from this scheme. According to him, this scheme has been introduced so that the workers who are employed abroad can get benefits including pension.</span></span></span></span></p> <p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif""><span style="font-size:15.0pt"><span style="font-family:"Arial","sans-serif"">In order to bring foreign employment or self-employed workers under the umbrella of social security, the fund has already approved the procedures for listing informal, self-employed and foreign workers in the social security fund, he added.</span></span></span></span></p> <p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif""><span style="font-size:15.0pt"><span style="font-family:"Arial","sans-serif"">“The permission of the employer company is not required to participate in the fund. You can apply by yourself by keeping your passport and work permit. The specified amount can be deposited directly into the account.”</span></span></span></span></p> <p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif""><span style="font-size:15.0pt"><span style="font-family:"Arial","sans-serif"">According to the fund, the procedure has opened the way for millions of informal, self-employed and foreign workers to participate in the contribution-based social security scheme.</span></span></span></span></p> <p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif""><span style="font-size:15.0pt"><span style="font-family:"Arial","sans-serif"">The trade unions have been demanding for a long time to bring the informal and self-employed workers under the scope of social security.</span></span></span></span></p> <p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif""><span style="font-size:15.0pt"><span style="font-family:"Arial","sans-serif"">Even though the workers in Nepal's formal sector have been benefiting from the social security scheme for three years, those who are employed abroad and self-employed were deprived of it. The Non-Resident Nepali Association (NRNA) had also been lobbying to include foreign workers in the social security scheme.</span></span></span></span></p> <p> </p> ', 'published' => true, 'created' => '2023-03-23', 'modified' => '2023-03-23', 'keywords' => '', 'description' => '', 'sortorder' => '17086', 'image' => '20230323104308_PRO-KTM-PMPRACHANDA.jpg', 'article_date' => '2023-03-23 10:42:31', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => null, 'user_id' => '34' ) ), (int) 11 => array( 'Article' => array( 'id' => '17350', 'article_category_id' => '1', 'title' => 'Construction Works in Manang Resume with the End of Winter', 'sub_title' => '', 'summary' => 'March 23: With the end of winter, construction of infrastructure has started in the Himalayan district of Manang. ', 'content' => '<p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif""><span style="font-size:15.0pt"><span style="font-family:"Arial","sans-serif"">March 23: With the end of winter, construction of infrastructure has started in the Himalayan district of Manang. The infrastructure office informed that the construction work, which was halted due to the cold weather, has once again gained momentum. The head of the office Jay Bista said that the construction work which was stopped due to extreme cold has now started. Due to the extreme cold weather in the district, the construction work of the physical infrastructures damaged by the continuous rainfall last year was halted.</span></span></span></span></p> <p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif""><span style="font-size:15.0pt"><span style="font-family:"Arial","sans-serif"">Chief District Officer Suprabha Khanal Dhungel said that the construction of roads, bridges and hydropower in Upper Manang which had been stopped earlier has resumed now. </span></span></span></span></p> <p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif""><span style="font-size:15.0pt"><span style="font-family:"Arial","sans-serif"">Chief Engineer Bista said that development work is going on in Chame, Nason, Narpabhumi and Ngisyang Rural Municipality of the district. </span></span></span></span></p> <p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif""><span style="font-size:15.0pt"><span style="font-family:"Arial","sans-serif"">"Due to the extreme cold in winter, the infrastructure construction work in upper Manang could not be done, but now it has started. The work here can only be done for a total of three months in a year," said Bista.</span></span></span></span></p> <p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif""><span style="font-size:15.0pt"><span style="font-family:"Arial","sans-serif"">According to him, construction of such a retaining wall, drain construction, road maintenance are being done under the road construction work. He said that the work stopped by the cold is now being done intensively with the aim of making things easier before the onset of the rainy season. </span></span></span></span></p> <p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif""><span style="font-size:15.0pt"><span style="font-family:"Arial","sans-serif"">The construction work of the Chame-Bensisahar road section, which is the lifeline of Manang, has also been accelerated since the weather has been favorable. For the construction of this road section, the budget has been allocated annually under the multi-year plan. The government has been allocating budget specifically for road construction and development to facilitate transportation in the district.</span></span></span></span></p> <p> </p> ', 'published' => true, 'created' => '2023-03-23', 'modified' => '2023-03-23', 'keywords' => '', 'description' => '', 'sortorder' => '17085', 'image' => '20230323101835_Manang.jpg', 'article_date' => '2023-03-23 10:17:52', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => null, 'user_id' => '34' ) ), (int) 12 => array( 'Article' => array( 'id' => '17349', 'article_category_id' => '1', 'title' => 'NBSM Takes Action against 973 Firms', 'sub_title' => '', 'summary' => 'March 23: The Nepal Bureau of Standards and Metrology (NBSM) Birgunj has filed cases against two industries of Chitwan in the current fiscal year.', 'content' => '<p><span style="font-size:18px"><span style="font-family:"Times New Roman","serif"">March 23: The Nepal Bureau of Standards and Metrology (NBSM) Birgunj has filed cases against two industries of Chitwan in the current fiscal year.</span></span></p> <p><span style="font-size:18px"><span style="font-family:"Times New Roman","serif"">Manish Kumar Das, head of the office, informed that the cases were filed after it was found that the industries were using weighing machines without obtaining a license.</span></span></p> <p><span style="font-size:18px"><span style="font-family:"Times New Roman","serif"">The office has also taken action and fined 973 commercial and industrial establishments that did not renew their measuring devices from mid-July to mid-March of the current fiscal year.</span></span></p> <p><span style="font-size:18px"><span style="font-family:"Times New Roman","serif"">During the review period, the office also claimed that 391 commercial and industrial establishments were granted new licenses related to weighing. Also, during the same period, the office renewed the measuring devices of 814 commercial and industrial establishments. In the last eight months, the office collected Rs 8,021,855 in revenue.</span></span></p> <p><span style="font-size:18px"><span style="font-family:"Times New Roman","serif"">Das said that from mid-July to mid-March of the current fiscal year, the office conducted single monitoring 24 times and joint monitoring 22 times. Similarly, he also informed that the office also inspected 604 pump nozzles and 36 tankers in its area of operation.</span></span></p> <p><span style="font-size:18px"><span style="font-family:"Times New Roman","serif"">As per the information provided by Das, the office is also giving training on industrial production and weighing equipment every Friday. NBSM has also been warning not to self-produce against the standards set by the department. If found doing so, there is a provision for a fine from Rs 5000 up to Rs 10,000.</span></span></p> <p> </p> ', 'published' => true, 'created' => '2023-03-23', 'modified' => '2023-03-23', 'keywords' => '', 'description' => '', 'sortorder' => '17084', 'image' => '20230323093853_market monitoring.jpg', 'article_date' => '2023-03-23 09:38:14', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => null, 'user_id' => '34' ) ), (int) 13 => array( 'Article' => array( 'id' => '17347', 'article_category_id' => '1', 'title' => 'Pokhara to Host PATA Summit 2023 From May 29 to June 1', 'sub_title' => '', 'summary' => 'The Pacific Asia Travel Association (PATA) Annual Summit and Mart 23 will take place in Pokhara, a major tourist destination of Nepal, from 29 May to June 1. ', 'content' => '<p><br /> <span style="font-size:18px">March 22: The Pacific Asia Travel Association (PATA) Annual Summit and Mart 23 will take place in Pokhara, a major tourist destination of Nepal, from 29 May to June 1. </span></p> <p><span style="font-size:18px">Co-organised by the Government of Nepal, the Nepal Tourism Board, and the PATA, this is the first time that the Summit is taking place in Pokhara since Nepal got its international membership in 1975, said the NTB chief executive officer, Dr Dhananjaya Regmi at a press conference in Pokhara on Wednesday. </span></p> <p><span style="font-size:18px">The local government will coordinate the Summit. For the event, a main organising committee has been formed under the chairpersonship of the NTB chairperson, and organisations relating to tourism are members. </span></p> <p><span style="font-size:18px">This conclave is expected to be a milestone in the promotion of tourism in Nepal in general, and Pokhara and Gandaki Province in particular, at a time when the sector hit-hard by the COVID-19 pandemic is reviving, Regmi said.</span></p> <p><span style="font-size:18px">The summit has also provided an opportunity for Nepali and international tourism entrepreneurs to meet and share at the same platform, Regmi added. </span></p> <p><span style="font-size:18px">“This is the third time that Nepal is hosting the Adventure Mart, and the first time that the Summit is taking place in Nepal. We expect the summit to further boost Nepal’s tourism and return the tourism situation to the same pre-COVID by the end of 2023 by increasing inflows of tourists,” said Regmi.</span></p> <p><span style="font-size:18px"> Around 300 representatives from 15 different countries and the PATA executive board members are expected to participate in the event. </span></p> <p><span style="font-size:18px"> A wide range of issues from sustainable tourism to crisis management, aviation safety, and adventure and mountainous tourism will be discussed, said Secretary of the PATA International, Suman Pandey. </span></p> <p><span style="font-size:18px">The Pokhara Metropolitan City Mayor Dhanraj Acharya pledged to provide required assistances to make the PATA Summit a success. ---RSS </span></p> ', 'published' => true, 'created' => '2023-03-22', 'modified' => '2023-03-22', 'keywords' => '', 'description' => '', 'sortorder' => '17082', 'image' => '20230322051752_collage - 2023-03-22T171729.016.jpg', 'article_date' => '2023-03-22 17:14:41', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => null, 'user_id' => '42' ) ), (int) 14 => array( 'Article' => array( 'id' => '17346', 'article_category_id' => '1', 'title' => 'Start-ups to get upto Rs 2.5 Million Collateral-free Loans ', 'sub_title' => '', 'summary' => 'March 22: Start-up enterprises will now get collateral-free concessional loans up to Rs 2.5 million. ', 'content' => '<p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif""><span style="font-size:12.0pt"><span style="font-family:"Times New Roman","serif"">March 22: Start-up enterprises will now get collateral-free concessional loans up to Rs 2.5 million. </span></span></span></span></p> <p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif""><span style="font-size:12.0pt"><span style="font-family:"Times New Roman","serif"">The Ministry of Industry, Commerce and Supplies has prepared and approved the start-up loan procedure to provide loan facilities at subsidized interest rate without collateral to 14 types of enterprises.</span></span></span></span></p> <p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif""><span style="font-size:12.0pt"><span style="font-family:"Times New Roman","serif"">According to the procedure, the enterprises designated to get concessional loans under start-up should not be operating for more than seven years. It is mentioned in the procedure that concessional loans can be granted to those enterprises that meet at least five of the seven criteria set by the government, including the paid-up capital not exceeding Rs 50 million, the total income of the business not exceeding Rs 50 million a year, the fixed capital not exceeding Rs 20 million, and the enterprise not having more than 10 full-time employees.</span></span></span></span></p> <p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif""><span style="font-size:12.0pt"><span style="font-family:"Times New Roman","serif"">The government has allocated a budget of Rs 250 million in the current fiscal year for the disbursement of start-up loans. After the implementation of the procedure, the start-up enterprises that meet the standards set by the government will get a loan of Rs 2.5 million without collateral from the commercial banks for 7 years at an annual interest rate of 3 per cent. </span></span></span></span></p> <p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif""><span style="font-size:12.0pt"><span style="font-family:"Times New Roman","serif"">Joint Secretary Baburam Gautam, head of the Industrial Division under the Ministry of Industry, Commerce and Supplies said that the start-up loan procedure has been sent to the related agencies for implementation. </span></span></span></span></p> <p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif""><span style="font-size:12.0pt"><span style="font-family:"Times New Roman","serif"">"The Ministry of Industry has approved the start-up loan procedure and sent it to the Department of Industry for implementation," Division Head Gautam told New Business Age on Tuesday, "The start-up policy has been sent to the Ministry of Finance and the National Planning Commission for consultation."</span></span></span></span></p> <p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif""><span style="font-size:12.0pt"><span style="font-family:"Times New Roman","serif"">According to Joint Secretary Gautam, eligible start-ups can now apply for concessional loans. "We will evaluate their application and provide loans as soon as possible," he said.</span></span></span></span></p> <p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif""><span style="font-size:12.0pt"><span style="font-family:"Times New Roman","serif"">The start-up enterprise credit fund procedure 2079 is about to be implemented for the first time in Nepal.</span></span></span></span></p> <p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif""><span style="font-size:12.0pt"><span style="font-family:"Times New Roman","serif"">Industrialists are happy after the government introduced this kind of arrangement. </span></span></span></span></p> <p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif""><span style="font-size:12.0pt"><span style="font-family:"Times New Roman","serif"">Ranjit Acharya, coordinator of the Start-Up Innovation Committee under the Federation of Nepal Chamber of Commerce and Industry, said that everything possible to encourage and support start-up enterprises is included in the start-up policy. </span></span></span></span></p> <p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif""><span style="font-size:12.0pt"><span style="font-family:"Times New Roman","serif"">He said, "The start-up policy will make the current ecosystem sustainable and innovative." Even though this arrangement is already in place, it has been delayed because the officials of the ministry took a long time to understand the start-up issue.”</span></span></span></span></p> <p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif""><span style="font-size:12.0pt"><span style="font-family:"Times New Roman","serif"">Acharya also expressed his apprehension that the start-up process may become a victim of political conflict. </span></span></span></span></p> <p> </p> <p> </p> <p> </p> <p> </p> ', 'published' => true, 'created' => '2023-03-22', 'modified' => '2023-03-22', 'keywords' => '', 'description' => '', 'sortorder' => '17081', 'image' => '20230322044214_startup.jpg', 'article_date' => '2023-03-22 16:41:33', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => null, 'user_id' => '34' ) ) ) $current_user = null $logged_in = falsesimplexml_load_file - [internal], line ?? include - APP/View/Elements/side_bar.ctp, line 60 View::_evaluate() - CORE/Cake/View/View.php, line 971 View::_render() - CORE/Cake/View/View.php, line 933 View::_renderElement() - CORE/Cake/View/View.php, line 1224 View::element() - CORE/Cake/View/View.php, line 418 include - APP/View/Articles/index.ctp, line 157 View::_evaluate() - CORE/Cake/View/View.php, line 971 View::_render() - CORE/Cake/View/View.php, line 933 View::render() - CORE/Cake/View/View.php, line 473 Controller::render() - CORE/Cake/Controller/Controller.php, line 968 Dispatcher::_invoke() - CORE/Cake/Routing/Dispatcher.php, line 200 Dispatcher::dispatch() - CORE/Cake/Routing/Dispatcher.php, line 167 [main] - APP/webroot/index.php, line 117
Notice (8): Undefined variable: file [APP/View/Elements/side_bar.ctp, line 133]Code Context// $file = 'http://aabhiyan:QUVLg8Wzs2F7G9N7@nepalstock.com.np/api/subindexdata.xml';if(!$xml = simplexml_load_file($file)){$viewFile = '/var/www/html/newbusinessage.com/app/View/Elements/side_bar.ctp' $dataForView = array( 'articles' => array( (int) 0 => array( 'Article' => array( [maximum depth reached] ) ), (int) 1 => array( 'Article' => array( [maximum depth reached] ) ), (int) 2 => array( 'Article' => array( [maximum depth reached] ) ), (int) 3 => array( 'Article' => array( [maximum depth reached] ) ), (int) 4 => array( 'Article' => array( [maximum depth reached] ) ), (int) 5 => array( 'Article' => array( [maximum depth reached] ) ), (int) 6 => array( 'Article' => array( [maximum depth reached] ) ), (int) 7 => array( 'Article' => array( [maximum depth reached] ) ), (int) 8 => array( 'Article' => array( [maximum depth reached] ) ), (int) 9 => array( 'Article' => array( [maximum depth reached] ) ), (int) 10 => array( 'Article' => array( [maximum depth reached] ) ), (int) 11 => array( 'Article' => array( [maximum depth reached] ) ), (int) 12 => array( 'Article' => array( [maximum depth reached] ) ), (int) 13 => array( 'Article' => array( [maximum depth reached] ) ), (int) 14 => array( 'Article' => array( [maximum depth reached] ) ) ), 'current_user' => null, 'logged_in' => false ) $articles = array( (int) 0 => array( 'Article' => array( 'id' => '17361', 'article_category_id' => '1', 'title' => 'Insurance Coverage of Food Crops', 'sub_title' => '', 'summary' => 'March 24: With the announcement of “Food Crops Insurance” by the Nepal Insurance Authority, now food crops as well will be insured on the basis of production under the agricultural insurance policy. ', 'content' => '<p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif"">March 24: With the announcement of “Food Crops Insurance” by the Nepal Insurance Authority, now food crops as well will be insured on the basis of production under the agricultural insurance policy. According to the authority, crops such as paddy, corn, barley, wheat and millet will be covered under the insurance policy.</span></span></p> <p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif"">These food crop insurance policies will cover eight different types of damage, including fire, wind, water, weather, land, lightning, disease and insects, and accidental external causes.</span></span></p> <p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif"">In case of damage to food crops due to the risk covered by the insurance policy, the insured must inform the insurer within 3 days of the loss through telephone, SMS, or email.</span></span></p> <p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif"">Under the additional facility, those who have purchased the insurance policy of crops will also get the facility of accidental insurance up to Rs 200,000. Under this facility, the insured will get a maximum of Rs 200,000 in case of death of insured during the insurance period due to reasons other than suicide, irreparable loss of spinal cord due to spinal injury, loss of function of one or both arms above the wrist, loss of function of one or both legs above the ankle and loss of sight in both eyes.</span></span></p> <p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif"">However, it is not possible to partially insure food crops planted in the same area. In case of paddy and millet crops, insurance policy must be taken within 30 days of planting. In case of corn, wheat and barley crops, insurance policy must be taken within 30 days after 7 days of sowing.</span></span></p> <p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif"">According to the insurance policy, the authority has arranged that the insurance fee will be maintained at the rate of 5 percent of the insured amount in the case of rice, corn and wheat crops, and at the rate of 3 percent of the insured amount in the case of barley and millet crops.</span></span></p> <p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif"">Sarthakraj Pandey, assistant manager of Shikhar Insurance's agriculture and small insurance branch says that farmers will benefit from the insurance policy based on the production of food crops.</span></span></p> <p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif"">He said, “Insurance was issued only on the basis of the cost of food crops, due to which it was not possible for the farmers to recover the lost investment due to crop damage up until recently. Now, with the implementation of the insurance policy, the farmer's production will also be protected.” </span></span></p> <p> </p> ', 'published' => true, 'created' => '2023-03-24', 'modified' => '2023-03-24', 'keywords' => '', 'description' => '', 'sortorder' => '17096', 'image' => '20230324011925_paddyyy-transformed.jpeg', 'article_date' => '2023-03-24 13:18:27', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => null, 'user_id' => '34' ) ), (int) 1 => array( 'Article' => array( 'id' => '17360', 'article_category_id' => '1', 'title' => 'Govt Unveils Final Result of 2021 Census', 'sub_title' => 'Population of Nepal is 29.16 million', 'summary' => 'March 24: The government has published the final report of the national census 2021.', 'content' => '<p><span style="font-size:18px">March 24: The government has published the final report of the national census 2021.</span></p> <p><span style="font-size:18px">According to the National Census of Nepal 2021 conducted by the Central Statistics Department, the population of Nepal has reached 29.16 million (2,91,64,578). As per the previous census, the total population of the country stood at 26,494,504.</span></p> <p><span style="font-size:18px">Prime Minister Pushpa Kamal Dahal announced the final results of Nepal's latest census at the 'National Census 2078 Results Publiation Program' held in Kathmandu on Friday.</span></p> <p><span style="font-size:18px">The census revealed that the male population of Nepal is 1,42,53,551 (48.98 percent) and the female population is 1,49,11,027 (51.02 percent).</span></p> ', 'published' => true, 'created' => '2023-03-24', 'modified' => '2023-03-24', 'keywords' => '', 'description' => '', 'sortorder' => '17095', 'image' => '20230324121911_1679637439.collage (63).jpg', 'article_date' => '2023-03-24 12:18:30', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '34' ) ), (int) 2 => array( 'Article' => array( 'id' => '17359', 'article_category_id' => '1', 'title' => 'Earthquake Jolts Mugu ', 'sub_title' => '', 'summary' => 'March 24: An earthquake measuring 4.5 magnitude in the Richter scale occurred at 9:15 am this morning with its epicenter in Mugu district.', 'content' => '<p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"Arial Unicode MS","sans-serif"">March 24: An earthquake measuring 4.5 magnitude in the Richter scale occurred at 9:15 am this morning with its epicenter in Mugu district, the National Earthquake Monitoring and Research Centre, Lainchaur, said. </span></span></span></p> <p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"Arial Unicode MS","sans-serif"">The earthquake was felt in the districts of Karnali and Sudurpaschim provinces. The eastern and western regions of the country have recorded frequent earthquakes in the recent time. -- RSS </span></span></span></p> ', 'published' => true, 'created' => '2023-03-24', 'modified' => '2023-03-24', 'keywords' => '', 'description' => '', 'sortorder' => '17094', 'image' => '20230324121121_earth.jpg', 'article_date' => '2023-03-24 12:10:24', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => null, 'user_id' => '34' ) ), (int) 3 => array( 'Article' => array( 'id' => '17358', 'article_category_id' => '1', 'title' => 'SEBON Files Case against Neupane for Insider Trading', 'sub_title' => '', 'summary' => 'March 24: The Securities Board of Nepal (SEBON) has filed a case against Guru Prasad Neupane at the Kathmandu District Court for the offense of insider trading.', 'content' => '<p><span style="font-size:18px"><span style="font-family:"Times New Roman","serif"">March 24: The Securities Board of Nepal (SEBON) has filed a case against Guru Prasad Neupane at the Kathmandu District Court for the offense of insider trading. SEBON claims that Neupane did insider trading when he was the chairman of Ridi Hydropower Company while buying and selling shares of the company from March 2021 to July 2022. An investigation conducted by the board found that Neupane had committed an offense amounting to Rs 32.3 million.</span></span></p> <p><span style="font-size:18px"><span style="font-family:"Times New Roman","serif"">According to the Securities Registration and Issuance Regulations 2079, the provision states that the director, executive head, auditor, company secretary or any person directly involved in the management or accounting of any organized institution cannot buy, sell or transfer the shares of that organization or its subsidiary company as long as they remain in office or for one year after retiring from the office. Likewise, the person holding this position cannot buy and sell shares in the name of the firm or their family members. For violating the securities law, the board has already punished Neupane with a fine of Rs 75,000 and barred him from being a director in a listed organization for 10 years.</span></span></p> <p><span style="font-size:18px"><span style="font-family:"Times New Roman","serif"">If the case filed by the board in the court is upheld, the punishment can be imprisonment for up to one year or fine equivalent to Rs 32.3 million or both.</span></span></p> <p> </p> <p> </p> <p> </p> ', 'published' => true, 'created' => '2023-03-24', 'modified' => '2023-03-24', 'keywords' => '', 'description' => '', 'sortorder' => '17093', 'image' => '20230324114237_Sebonn new.jpg', 'article_date' => '2023-03-24 11:19:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '34' ) ), (int) 4 => array( 'Article' => array( 'id' => '17357', 'article_category_id' => '1', 'title' => 'COVID-19 Cases Shoot up in Nepal ', 'sub_title' => '', 'summary' => 'March 24: Nepal has recently witnessed rapid rise in COVID-19 cases, the state-owned RSS reported on Friday. ', 'content' => '<p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif"">March 24: Nepal has recently witnessed rapid rise in COVID-19 cases, the state-owned RSS reported on Friday. According to the national news agency, the country reported 17 infection cases in a single day on Thursday.</span></span></p> <p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif"">The Ministry of Health and Population said that the new cases were confirmed after 1,454 tests. On March 21 and 22, no infection case was reported while undertaking 909 and 1,387 tests respectively, added RSS. Active infection cases stood at 30 on Thursday, the news agency cited the ministry as saying. </span></span></p> <p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif"">Nepal has seen impacts of neighbouring India that has reported increasing number of COVID-19 cases of late, Dr Chuman Lal Das, Director of the Epidemiology and Disease Control Division told RSS. The infection is increasing in India.</span></span></p> <p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif"">“People who have tested positive for the virus in India are carrying the disease in Nepal. Seven infected people entered Nepal through the open border yesterday (Wednesday) alone,” said Dr Das, adding that tests have been intensified at the border. </span></span></p> <p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif"">He also urged people to follow the health protocols and receive a booster dose. </span></span></p> <p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif"">Meanwhile, the ministry has also urged all people to receive a booster dose. It has also launched a booster dose campaign across the country in a bid to keep the infection in check. </span></span></p> <p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif"">Last week, the World Health Organisation (WHO) had said that the Covid-19 pandemic could settle down this year to a point where it poses a threat similar to flu.</span></span></p> <p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif"">According to AFP, the WHO voiced confidence that it will be able to declare an end to the emergency some time in 2023, saying it was increasingly hopeful about the pandemic phase of the virus coming to a close. </span></span></p> <p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif"">According to media reports, China, where the virus is reported to have originated, has already downgraded Covid-19 to B-grade virus and has eased restrictions from January 8. Japan, on the other hand is considering downgrading Covid-19 to the same level as seasonal influenza.</span></span></p> <p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif"">The virus, which was first detected in China’s Wuhan in December 2019, has infected more than 683 million people worldwide and has claimed 6.8 million lives. The effects of the virus has largely subsided in recent months, especially in countries that have administered vaccine against the virus.</span></span></p> ', 'published' => true, 'created' => '2023-03-24', 'modified' => '2023-03-24', 'keywords' => '', 'description' => '', 'sortorder' => '17092', 'image' => '20230324105953_20210518112229_1621294179.1.jpg', 'article_date' => '2023-03-24 10:57:54', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '34' ) ), (int) 5 => array( 'Article' => array( 'id' => '17356', 'article_category_id' => '1', 'title' => 'Three Nepali Pilots Grounded', 'sub_title' => '', 'summary' => 'The Civil Aviation Authority of Nepal (CAAN) has grounded a pilot on the charge of hurling offensive words at the air traffic controllers (ATC). ', 'content' => '<p><span style="font-size:18px">March: The Civil Aviation Authority of Nepal (CAAN) has grounded a pilot on the charge of hurling offensive words at the air traffic controllers (ATC). </span></p> <p><span style="font-size:18px">A pilot of the Annapurna helicopter was grounded after he was found throwing vulgar words at the ATCs while attending to the Kathmandu-Lukla flight, said the CAAN spokesperson Jagannath Niraula.</span></p> <p><span style="font-size:18px"> “A pilot of the Annapurna helicopter was grounded for mis-communicating with the ATCs during a Kathmandu-Lukla flight on 21 March, 2023,” he said. </span></p> <p><span style="font-size:18px">Similarly, other two pilots of helicopter companies (Air Dynasty and Fishtail Air) have been grounded for violating the aviation safety guidelines, Niraula said. All three pilots in question will be banned from flying until further notice, Niraula informed. ----RSS </span><br /> </p> ', 'published' => true, 'created' => '2023-03-24', 'modified' => '2023-03-24', 'keywords' => '', 'description' => '', 'sortorder' => '17091', 'image' => '20230324071402_collage (36).jpg', 'article_date' => '2023-03-24 07:10:46', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => null, 'user_id' => '42' ) ), (int) 6 => array( 'Article' => array( 'id' => '17355', 'article_category_id' => '1', 'title' => 'Standard Chartered Bank Organizes Fund-raising Programme For Futuremakers', 'sub_title' => '', 'summary' => 'Standard Chartered Bank Nepal Limited held a staff fundraising program “Home Run 2023” for its sustainability initiative “Futuremakers by Standard Chartered” on March 18, 2023.', 'content' => '<p> </p> <p><span style="font-size:18px">March 24: Standard Chartered Bank Nepal Limited held a staff fundraising program “Home Run 2023” for its sustainability initiative “Futuremakers by Standard Chartered” on March 18, 2023.</span></p> <p><span style="font-size:18px">Around 200 staffers participated in the programme by walking, running and cycling across an 11km route covering the bank’s branches in Naxal, Newroad and Naya Baneshwor.</span></p> <p><span style="font-size:18px">Standard Chartered’s Futuremakers is the bank’s global initiative to tackle inequality and promote greater economic inclusion for young people in communities. The funds raised from the event will be used for Futuremakers-related CSR projects in Nepal.</span></p> <p><span style="font-size:18px">At the inauguration ceremony of the event, Chief Executive Officer Anirvan Ghosh Dastidar expressed his gratitude to the staff members for coming together for this noble cause which would help empower the next generation to learn, earn and grow. </span></p> <p><span style="font-size:18px">“At Standard Chartered, we believe that everyone deserves the opportunity to realise their potential. Home Run is a fantastic initiative by the Bank to help young people from low-income backgrounds by raising funds,” Dastidar added. </span></p> <p> </p> ', 'published' => true, 'created' => '2023-03-24', 'modified' => '2023-03-24', 'keywords' => '', 'description' => '', 'sortorder' => '17090', 'image' => '20230324064719_collage (34).jpg', 'article_date' => '2023-03-24 06:43:47', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => null, 'user_id' => '42' ) ), (int) 7 => array( 'Article' => array( 'id' => '17354', 'article_category_id' => '1', 'title' => 'Social Security Fund has over 400,000 Contributors ', 'sub_title' => '', 'summary' => 'March 23: The number of contributors enlisted in Social Security Fund has reached more than 400,000. ', 'content' => '<p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"Arial Unicode MS","sans-serif"">March 23: The number of contributors enlisted in Social Security Fund has reached more than 400,000. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">Around 430,000 workers have been enlisted in the fund within four years of the launch of the Social Security Scheme. The government had launched the Social Security Scheme on November 27, 2018. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">The fund has recorded the highest number of contributors from Bagmati Province with 307,718 contributors. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">Similarly, 38,957 workers from Koshi Province are enlisted in the fund while 21,258 are from Madhes Province, 15,241 from Gandaki Province, 14,099 from Lumbini Province, 1,529 from Sudurpaschim Province and 1,228 from Karnali Province. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">The fund has set a target to enlist 500,000 workers within the end of the current fiscal year. Around 17,739 employers are associated with the fund. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">The fund has collected Rs 30.11 billion so far. It has paid claim of Rs 2.83 billion to the contributors under various schemes. The fund has been expanding social security area in recent period. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">The fund, which has been incorporating the workers of informal sector in the scheme, has started enlisting Nepali migrant workers and those who are self-employed in foreign lands in the fund from Wednesday. -- RSS </span></span></span></p> ', 'published' => true, 'created' => '2023-03-23', 'modified' => '2023-03-23', 'keywords' => '', 'description' => '', 'sortorder' => '17089', 'image' => '20230323035158_SSF (1).jpg', 'article_date' => '2023-03-23 15:51:14', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => null, 'user_id' => '34' ) ), (int) 8 => array( 'Article' => array( 'id' => '17353', 'article_category_id' => '1', 'title' => 'One Agent, One Insurance Company Policy Comes into Effect', 'sub_title' => '', 'summary' => 'March 23: Nepal Insurance Authority has implemented a provision that one insurance agent cannot work in more than one insurance company of the same type.', 'content' => '<p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif""><span style="font-size:12.0pt"><span style="font-family:"Times New Roman","serif"">March 23: Nepal Insurance Authority has implemented a provision that one insurance agent cannot work in more than one insurance company of the same type.</span></span></span></span></p> <p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif""><span style="font-size:12.0pt"><span style="font-family:"Times New Roman","serif"">In subsection 6 of section 93 of the Insurance Act, 2079, it is mentioned that an insurance agent of one insurer cannot work as an insurance agent of another insurer of the same type of company during the same period.</span></span></span></span></p> <p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif""><span style="font-size:12.0pt"><span style="font-family:"Times New Roman","serif"">According to the provisions of the Insurance Act, 2079, the authority has implemented the policy of 'one agent, one insurance company'. </span></span></span></span></p> <p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif""><span style="font-size:12.0pt"><span style="font-family:"Times New Roman","serif"">With the implementation of the provision, now one person will not be allowed to work as an agent of more than one insurance company of the same type. </span></span></span></span></p> <p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif""><span style="font-size:12.0pt"><span style="font-family:"Times New Roman","serif"">According to the authority, the number of insurance agents has reached 256,322 by mid-March. Among them, 5045 agents are affiliated to more than one insurance company of the same type.</span></span></span></span></p> <p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif""><span style="font-size:12.0pt"><span style="font-family:"Times New Roman","serif"">According to the authority, the number of agents affiliated to two insurance companies doing the same type of business is 4,847 and 178 are affiliated to three companies, while 16 are affiliated are to four companies, 2 each with five and 10 companies.</span></span></span></span></p> <p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif""><span style="font-size:12.0pt"><span style="font-family:"Times New Roman","serif"">With the implementation of the 'One Agent, One Insurance Company' policy by the Insurance Authority, agents affiliated to more than one insurance company of the same type will now be able to choose only one company online. The agent can choose the company and renew it through the One Time Password (OTP) received on the mobile.</span></span></span></span></p> <p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif""><span style="font-size:12.0pt"><span style="font-family:"Times New Roman","serif"">Chairman of the Authority, Surya Prasad Silwal, said that the policy will benefit all the agents, insurance companies and the authority with the implementation of the provision in the Insurance Act.</span></span></span></span></p> <p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif""><span style="font-size:12.0pt"><span style="font-family:"Times New Roman","serif"">“We have implemented the provisions of the Act. With the implementation of this arrangement, it will be easy for the agents to renew, and they will work honestly with only one company,” he added.</span></span></span></span></p> <p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif""><span style="font-size:12.0pt"><span style="font-family:"Times New Roman","serif"">He said that now the insurance companies will have complete information about their agents, and it will be easier for the authority to regulate them.</span></span></span></span></p> <p> </p> <p> </p> ', 'published' => true, 'created' => '2023-03-23', 'modified' => '2023-03-23', 'keywords' => '', 'description' => '', 'sortorder' => '17088', 'image' => '20230323105757_Insurance.jpg', 'article_date' => '2023-03-23 10:57:08', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => null, 'user_id' => '34' ) ), (int) 9 => array( 'Article' => array( 'id' => '17352', 'article_category_id' => '1', 'title' => 'Indian Envoy Assures to take Initiative to Remove Anti-Dumping Duty on Jute', 'sub_title' => '', 'summary' => 'March 23: Indian Ambassador to Nepal, Naveen Srivastava has said that India will take initiatives to remove the anti-dumping duty imposed by India on the import of readymade jute from Nepal. ', 'content' => '<p><span style="font-size:18px"><span style="font-family:"Times New Roman","serif"">March 23: Indian Ambassador to Nepal, Naveen Srivastava has said that India will take initiatives to remove the anti-dumping duty imposed by India on the import of readymade jute from Nepal. After businessmen informed the stakeholders about the problems during a program organized by the Morang Merchants Association, Srivastava said that he would take initiatives to remove the anti-dumping duty in order to facilitate the trade of jute. India has been imposing the anti-dumping duty of up to 4 percent on Nepalese jute imports.</span></span></p> <p><span style="font-size:18px"><span style="font-family:"Times New Roman","serif"">Srivastava also said that the amount of food grains required for Nepal will be easily made available despite the export ban. He said that the Government of India will provide the necessary food if there is a demand with real data.</span></span></p> <p><span style="font-size:18px"><span style="font-family:"Times New Roman","serif"">He said that the Government of India has adopted a policy of taking its neighbors along in development. He also added that the railway service from Bathnaha to Biratnagar ICP will be operational within a short time. He informed that the railway which has been completed up to ICP will be handed over to the Government of Nepal within a few days.</span></span></p> <p><span style="font-size:18px"><span style="font-family:"Times New Roman","serif"">Srivastava said that the essence of Prime Minister Narendra Modi's 'Neighbors First' policy is to move forward for development, and mentioned that both India and Nepal are brothers. He said, “Both countries are equal. None of them is big or small. We should help each other in development.”</span></span></p> <p><span style="font-size:18px"><span style="font-family:"Times New Roman","serif"">After industrialists and businessmen demanded the opening of the closed Indian Embassy office in Biratnagar, Srivastava clarified that the office will be opened if the Nepalese government and the people of Biratnagar want it. He said, “Nepal government should give permission on this matter, if the government allows, the embassy office will be opened here as well.”</span></span></p> <p> </p> ', 'published' => true, 'created' => '2023-03-23', 'modified' => '2023-03-23', 'keywords' => '', 'description' => '', 'sortorder' => '17087', 'image' => '20230323105211_jute.jpg', 'article_date' => '2023-03-23 10:51:25', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => null, 'user_id' => '34' ) ), (int) 10 => array( 'Article' => array( 'id' => '17351', 'article_category_id' => '1', 'title' => 'Social Security to Cover Nepali Migrant Workers', 'sub_title' => '', 'summary' => 'March 23: Nepali migrant workers who are employed abroad or are self-employed have been included in the social security scheme of the government.', 'content' => '<p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif""><span style="font-size:15.0pt"><span style="font-family:"Arial","sans-serif"">March 23: Nepali migrant workers who are employed abroad or are self-employed have been included in the social security scheme of the government. Prime Minister Pushpa Kamal Dahal has launched the work of listing the workers abroad in the scheme amid a special program on Wednesday. </span></span></span></span></p> <p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif""><span style="font-size:15.0pt"><span style="font-family:"Arial","sans-serif"">During the program, Prime Minister Dahal said that the government is effortful to establish the culture to encourage every sector to join the social security fund. He informed that the fund will be used to invest in the physical infrastructure development of the state, entrepreneurship and other productive sectors. </span></span></span></span></p> <p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif""><span style="font-size:15.0pt"><span style="font-family:"Arial","sans-serif"">“I am particularly saddened by the fact that even the contract workers in the government service could not be included in the social security fund so far. I will start making necessary arrangements in this regard," he said.</span></span></span></span></p> <p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif""><span style="font-size:15.0pt"><span style="font-family:"Arial","sans-serif"">Making it clear that the government will not tolerate cheating of young people who go abroad for employment, he said that the days of hurting young people who go abroad for employment are over. </span></span></span></span></p> <p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif""><span style="font-size:15.0pt"><span style="font-family:"Arial","sans-serif"">According to Dahal, the government is preparing to send those who are going abroad only after training them and making them skilled. Prime Minister Dahal also expressed the government's commitment to the full implementation of the five-year strategic plan announced by the Ministry of Labour, Employment and Social Security.</span></span></span></span></p> <p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif""><span style="font-size:15.0pt"><span style="font-family:"Arial","sans-serif"">Labor Secretary Ek Narayan Aryal, who is the chairman of the Social Security Fund, said that the government has started implementing the 'Contribution-based Social Security Scheme Operation Procedures 2079 for Workers in Foreign Employment and Self-Employed Persons Abroad'.</span></span></span></span></p> <p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif""><span style="font-size:15.0pt"><span style="font-family:"Arial","sans-serif"">According to him, no Nepali worker abroad needs to live outside the scope of social security. </span></span></span></span></p> <p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif""><span style="font-size:15.0pt"><span style="font-family:"Arial","sans-serif"">According to Secretary Aryal, this has ensured the social security of 2.2 million workers who are employed abroad. To join the fund, workers have to complete the prescribed process. </span></span></span></span></p> <p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif""><span style="font-size:15.0pt"><span style="font-family:"Arial","sans-serif"">Kapilmani Gyawali, executive director of the SSF said that hundreds of thousands of Nepalis living abroad will benefit from this scheme. According to him, this scheme has been introduced so that the workers who are employed abroad can get benefits including pension.</span></span></span></span></p> <p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif""><span style="font-size:15.0pt"><span style="font-family:"Arial","sans-serif"">In order to bring foreign employment or self-employed workers under the umbrella of social security, the fund has already approved the procedures for listing informal, self-employed and foreign workers in the social security fund, he added.</span></span></span></span></p> <p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif""><span style="font-size:15.0pt"><span style="font-family:"Arial","sans-serif"">“The permission of the employer company is not required to participate in the fund. You can apply by yourself by keeping your passport and work permit. The specified amount can be deposited directly into the account.”</span></span></span></span></p> <p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif""><span style="font-size:15.0pt"><span style="font-family:"Arial","sans-serif"">According to the fund, the procedure has opened the way for millions of informal, self-employed and foreign workers to participate in the contribution-based social security scheme.</span></span></span></span></p> <p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif""><span style="font-size:15.0pt"><span style="font-family:"Arial","sans-serif"">The trade unions have been demanding for a long time to bring the informal and self-employed workers under the scope of social security.</span></span></span></span></p> <p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif""><span style="font-size:15.0pt"><span style="font-family:"Arial","sans-serif"">Even though the workers in Nepal's formal sector have been benefiting from the social security scheme for three years, those who are employed abroad and self-employed were deprived of it. The Non-Resident Nepali Association (NRNA) had also been lobbying to include foreign workers in the social security scheme.</span></span></span></span></p> <p> </p> ', 'published' => true, 'created' => '2023-03-23', 'modified' => '2023-03-23', 'keywords' => '', 'description' => '', 'sortorder' => '17086', 'image' => '20230323104308_PRO-KTM-PMPRACHANDA.jpg', 'article_date' => '2023-03-23 10:42:31', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => null, 'user_id' => '34' ) ), (int) 11 => array( 'Article' => array( 'id' => '17350', 'article_category_id' => '1', 'title' => 'Construction Works in Manang Resume with the End of Winter', 'sub_title' => '', 'summary' => 'March 23: With the end of winter, construction of infrastructure has started in the Himalayan district of Manang. ', 'content' => '<p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif""><span style="font-size:15.0pt"><span style="font-family:"Arial","sans-serif"">March 23: With the end of winter, construction of infrastructure has started in the Himalayan district of Manang. The infrastructure office informed that the construction work, which was halted due to the cold weather, has once again gained momentum. The head of the office Jay Bista said that the construction work which was stopped due to extreme cold has now started. Due to the extreme cold weather in the district, the construction work of the physical infrastructures damaged by the continuous rainfall last year was halted.</span></span></span></span></p> <p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif""><span style="font-size:15.0pt"><span style="font-family:"Arial","sans-serif"">Chief District Officer Suprabha Khanal Dhungel said that the construction of roads, bridges and hydropower in Upper Manang which had been stopped earlier has resumed now. </span></span></span></span></p> <p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif""><span style="font-size:15.0pt"><span style="font-family:"Arial","sans-serif"">Chief Engineer Bista said that development work is going on in Chame, Nason, Narpabhumi and Ngisyang Rural Municipality of the district. </span></span></span></span></p> <p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif""><span style="font-size:15.0pt"><span style="font-family:"Arial","sans-serif"">"Due to the extreme cold in winter, the infrastructure construction work in upper Manang could not be done, but now it has started. The work here can only be done for a total of three months in a year," said Bista.</span></span></span></span></p> <p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif""><span style="font-size:15.0pt"><span style="font-family:"Arial","sans-serif"">According to him, construction of such a retaining wall, drain construction, road maintenance are being done under the road construction work. He said that the work stopped by the cold is now being done intensively with the aim of making things easier before the onset of the rainy season. </span></span></span></span></p> <p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif""><span style="font-size:15.0pt"><span style="font-family:"Arial","sans-serif"">The construction work of the Chame-Bensisahar road section, which is the lifeline of Manang, has also been accelerated since the weather has been favorable. For the construction of this road section, the budget has been allocated annually under the multi-year plan. The government has been allocating budget specifically for road construction and development to facilitate transportation in the district.</span></span></span></span></p> <p> </p> ', 'published' => true, 'created' => '2023-03-23', 'modified' => '2023-03-23', 'keywords' => '', 'description' => '', 'sortorder' => '17085', 'image' => '20230323101835_Manang.jpg', 'article_date' => '2023-03-23 10:17:52', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => null, 'user_id' => '34' ) ), (int) 12 => array( 'Article' => array( 'id' => '17349', 'article_category_id' => '1', 'title' => 'NBSM Takes Action against 973 Firms', 'sub_title' => '', 'summary' => 'March 23: The Nepal Bureau of Standards and Metrology (NBSM) Birgunj has filed cases against two industries of Chitwan in the current fiscal year.', 'content' => '<p><span style="font-size:18px"><span style="font-family:"Times New Roman","serif"">March 23: The Nepal Bureau of Standards and Metrology (NBSM) Birgunj has filed cases against two industries of Chitwan in the current fiscal year.</span></span></p> <p><span style="font-size:18px"><span style="font-family:"Times New Roman","serif"">Manish Kumar Das, head of the office, informed that the cases were filed after it was found that the industries were using weighing machines without obtaining a license.</span></span></p> <p><span style="font-size:18px"><span style="font-family:"Times New Roman","serif"">The office has also taken action and fined 973 commercial and industrial establishments that did not renew their measuring devices from mid-July to mid-March of the current fiscal year.</span></span></p> <p><span style="font-size:18px"><span style="font-family:"Times New Roman","serif"">During the review period, the office also claimed that 391 commercial and industrial establishments were granted new licenses related to weighing. Also, during the same period, the office renewed the measuring devices of 814 commercial and industrial establishments. In the last eight months, the office collected Rs 8,021,855 in revenue.</span></span></p> <p><span style="font-size:18px"><span style="font-family:"Times New Roman","serif"">Das said that from mid-July to mid-March of the current fiscal year, the office conducted single monitoring 24 times and joint monitoring 22 times. Similarly, he also informed that the office also inspected 604 pump nozzles and 36 tankers in its area of operation.</span></span></p> <p><span style="font-size:18px"><span style="font-family:"Times New Roman","serif"">As per the information provided by Das, the office is also giving training on industrial production and weighing equipment every Friday. NBSM has also been warning not to self-produce against the standards set by the department. If found doing so, there is a provision for a fine from Rs 5000 up to Rs 10,000.</span></span></p> <p> </p> ', 'published' => true, 'created' => '2023-03-23', 'modified' => '2023-03-23', 'keywords' => '', 'description' => '', 'sortorder' => '17084', 'image' => '20230323093853_market monitoring.jpg', 'article_date' => '2023-03-23 09:38:14', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => null, 'user_id' => '34' ) ), (int) 13 => array( 'Article' => array( 'id' => '17347', 'article_category_id' => '1', 'title' => 'Pokhara to Host PATA Summit 2023 From May 29 to June 1', 'sub_title' => '', 'summary' => 'The Pacific Asia Travel Association (PATA) Annual Summit and Mart 23 will take place in Pokhara, a major tourist destination of Nepal, from 29 May to June 1. ', 'content' => '<p><br /> <span style="font-size:18px">March 22: The Pacific Asia Travel Association (PATA) Annual Summit and Mart 23 will take place in Pokhara, a major tourist destination of Nepal, from 29 May to June 1. </span></p> <p><span style="font-size:18px">Co-organised by the Government of Nepal, the Nepal Tourism Board, and the PATA, this is the first time that the Summit is taking place in Pokhara since Nepal got its international membership in 1975, said the NTB chief executive officer, Dr Dhananjaya Regmi at a press conference in Pokhara on Wednesday. </span></p> <p><span style="font-size:18px">The local government will coordinate the Summit. For the event, a main organising committee has been formed under the chairpersonship of the NTB chairperson, and organisations relating to tourism are members. </span></p> <p><span style="font-size:18px">This conclave is expected to be a milestone in the promotion of tourism in Nepal in general, and Pokhara and Gandaki Province in particular, at a time when the sector hit-hard by the COVID-19 pandemic is reviving, Regmi said.</span></p> <p><span style="font-size:18px">The summit has also provided an opportunity for Nepali and international tourism entrepreneurs to meet and share at the same platform, Regmi added. </span></p> <p><span style="font-size:18px">“This is the third time that Nepal is hosting the Adventure Mart, and the first time that the Summit is taking place in Nepal. We expect the summit to further boost Nepal’s tourism and return the tourism situation to the same pre-COVID by the end of 2023 by increasing inflows of tourists,” said Regmi.</span></p> <p><span style="font-size:18px"> Around 300 representatives from 15 different countries and the PATA executive board members are expected to participate in the event. </span></p> <p><span style="font-size:18px"> A wide range of issues from sustainable tourism to crisis management, aviation safety, and adventure and mountainous tourism will be discussed, said Secretary of the PATA International, Suman Pandey. </span></p> <p><span style="font-size:18px">The Pokhara Metropolitan City Mayor Dhanraj Acharya pledged to provide required assistances to make the PATA Summit a success. ---RSS </span></p> ', 'published' => true, 'created' => '2023-03-22', 'modified' => '2023-03-22', 'keywords' => '', 'description' => '', 'sortorder' => '17082', 'image' => '20230322051752_collage - 2023-03-22T171729.016.jpg', 'article_date' => '2023-03-22 17:14:41', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => null, 'user_id' => '42' ) ), (int) 14 => array( 'Article' => array( 'id' => '17346', 'article_category_id' => '1', 'title' => 'Start-ups to get upto Rs 2.5 Million Collateral-free Loans ', 'sub_title' => '', 'summary' => 'March 22: Start-up enterprises will now get collateral-free concessional loans up to Rs 2.5 million. ', 'content' => '<p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif""><span style="font-size:12.0pt"><span style="font-family:"Times New Roman","serif"">March 22: Start-up enterprises will now get collateral-free concessional loans up to Rs 2.5 million. </span></span></span></span></p> <p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif""><span style="font-size:12.0pt"><span style="font-family:"Times New Roman","serif"">The Ministry of Industry, Commerce and Supplies has prepared and approved the start-up loan procedure to provide loan facilities at subsidized interest rate without collateral to 14 types of enterprises.</span></span></span></span></p> <p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif""><span style="font-size:12.0pt"><span style="font-family:"Times New Roman","serif"">According to the procedure, the enterprises designated to get concessional loans under start-up should not be operating for more than seven years. It is mentioned in the procedure that concessional loans can be granted to those enterprises that meet at least five of the seven criteria set by the government, including the paid-up capital not exceeding Rs 50 million, the total income of the business not exceeding Rs 50 million a year, the fixed capital not exceeding Rs 20 million, and the enterprise not having more than 10 full-time employees.</span></span></span></span></p> <p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif""><span style="font-size:12.0pt"><span style="font-family:"Times New Roman","serif"">The government has allocated a budget of Rs 250 million in the current fiscal year for the disbursement of start-up loans. After the implementation of the procedure, the start-up enterprises that meet the standards set by the government will get a loan of Rs 2.5 million without collateral from the commercial banks for 7 years at an annual interest rate of 3 per cent. </span></span></span></span></p> <p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif""><span style="font-size:12.0pt"><span style="font-family:"Times New Roman","serif"">Joint Secretary Baburam Gautam, head of the Industrial Division under the Ministry of Industry, Commerce and Supplies said that the start-up loan procedure has been sent to the related agencies for implementation. </span></span></span></span></p> <p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif""><span style="font-size:12.0pt"><span style="font-family:"Times New Roman","serif"">"The Ministry of Industry has approved the start-up loan procedure and sent it to the Department of Industry for implementation," Division Head Gautam told New Business Age on Tuesday, "The start-up policy has been sent to the Ministry of Finance and the National Planning Commission for consultation."</span></span></span></span></p> <p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif""><span style="font-size:12.0pt"><span style="font-family:"Times New Roman","serif"">According to Joint Secretary Gautam, eligible start-ups can now apply for concessional loans. "We will evaluate their application and provide loans as soon as possible," he said.</span></span></span></span></p> <p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif""><span style="font-size:12.0pt"><span style="font-family:"Times New Roman","serif"">The start-up enterprise credit fund procedure 2079 is about to be implemented for the first time in Nepal.</span></span></span></span></p> <p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif""><span style="font-size:12.0pt"><span style="font-family:"Times New Roman","serif"">Industrialists are happy after the government introduced this kind of arrangement. </span></span></span></span></p> <p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif""><span style="font-size:12.0pt"><span style="font-family:"Times New Roman","serif"">Ranjit Acharya, coordinator of the Start-Up Innovation Committee under the Federation of Nepal Chamber of Commerce and Industry, said that everything possible to encourage and support start-up enterprises is included in the start-up policy. </span></span></span></span></p> <p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif""><span style="font-size:12.0pt"><span style="font-family:"Times New Roman","serif"">He said, "The start-up policy will make the current ecosystem sustainable and innovative." Even though this arrangement is already in place, it has been delayed because the officials of the ministry took a long time to understand the start-up issue.”</span></span></span></span></p> <p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif""><span style="font-size:12.0pt"><span style="font-family:"Times New Roman","serif"">Acharya also expressed his apprehension that the start-up process may become a victim of political conflict. </span></span></span></span></p> <p> </p> <p> </p> <p> </p> <p> </p> ', 'published' => true, 'created' => '2023-03-22', 'modified' => '2023-03-22', 'keywords' => '', 'description' => '', 'sortorder' => '17081', 'image' => '20230322044214_startup.jpg', 'article_date' => '2023-03-22 16:41:33', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => null, 'user_id' => '34' ) ) ) $current_user = null $logged_in = false $xml = falseinclude - APP/View/Elements/side_bar.ctp, line 133 View::_evaluate() - CORE/Cake/View/View.php, line 971 View::_render() - CORE/Cake/View/View.php, line 933 View::_renderElement() - CORE/Cake/View/View.php, line 1224 View::element() - CORE/Cake/View/View.php, line 418 include - APP/View/Articles/index.ctp, line 157 View::_evaluate() - CORE/Cake/View/View.php, line 971 View::_render() - CORE/Cake/View/View.php, line 933 View::render() - CORE/Cake/View/View.php, line 473 Controller::render() - CORE/Cake/Controller/Controller.php, line 968 Dispatcher::_invoke() - CORE/Cake/Routing/Dispatcher.php, line 200 Dispatcher::dispatch() - CORE/Cake/Routing/Dispatcher.php, line 167 [main] - APP/webroot/index.php, line 117
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', 'content' => '<p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif"">March 24: With the announcement of “Food Crops Insurance” by the Nepal Insurance Authority, now food crops as well will be insured on the basis of production under the agricultural insurance policy. According to the authority, crops such as paddy, corn, barley, wheat and millet will be covered under the insurance policy.</span></span></p> <p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif"">These food crop insurance policies will cover eight different types of damage, including fire, wind, water, weather, land, lightning, disease and insects, and accidental external causes.</span></span></p> <p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif"">In case of damage to food crops due to the risk covered by the insurance policy, the insured must inform the insurer within 3 days of the loss through telephone, SMS, or email.</span></span></p> <p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif"">Under the additional facility, those who have purchased the insurance policy of crops will also get the facility of accidental insurance up to Rs 200,000. Under this facility, the insured will get a maximum of Rs 200,000 in case of death of insured during the insurance period due to reasons other than suicide, irreparable loss of spinal cord due to spinal injury, loss of function of one or both arms above the wrist, loss of function of one or both legs above the ankle and loss of sight in both eyes.</span></span></p> <p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif"">However, it is not possible to partially insure food crops planted in the same area. In case of paddy and millet crops, insurance policy must be taken within 30 days of planting. In case of corn, wheat and barley crops, insurance policy must be taken within 30 days after 7 days of sowing.</span></span></p> <p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif"">According to the insurance policy, the authority has arranged that the insurance fee will be maintained at the rate of 5 percent of the insured amount in the case of rice, corn and wheat crops, and at the rate of 3 percent of the insured amount in the case of barley and millet crops.</span></span></p> <p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif"">Sarthakraj Pandey, assistant manager of Shikhar Insurance's agriculture and small insurance branch says that farmers will benefit from the insurance policy based on the production of food crops.</span></span></p> <p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif"">He said, “Insurance was issued only on the basis of the cost of food crops, due to which it was not possible for the farmers to recover the lost investment due to crop damage up until recently. Now, with the implementation of the insurance policy, the farmer's production will also be protected.” </span></span></p> <p> </p> ', 'published' => true, 'created' => '2023-03-24', 'modified' => '2023-03-24', 'keywords' => '', 'description' => '', 'sortorder' => '17096', 'image' => '20230324011925_paddyyy-transformed.jpeg', 'article_date' => '2023-03-24 13:18:27', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => null, 'user_id' => '34' ) ), (int) 1 => array( 'Article' => array( 'id' => '17360', 'article_category_id' => '1', 'title' => 'Govt Unveils Final Result of 2021 Census', 'sub_title' => 'Population of Nepal is 29.16 million', 'summary' => 'March 24: The government has published the final report of the national census 2021.', 'content' => '<p><span style="font-size:18px">March 24: The government has published the final report of the national census 2021.</span></p> <p><span style="font-size:18px">According to the National Census of Nepal 2021 conducted by the Central Statistics Department, the population of Nepal has reached 29.16 million (2,91,64,578). As per the previous census, the total population of the country stood at 26,494,504.</span></p> <p><span style="font-size:18px">Prime Minister Pushpa Kamal Dahal announced the final results of Nepal's latest census at the 'National Census 2078 Results Publiation Program' held in Kathmandu on Friday.</span></p> <p><span style="font-size:18px">The census revealed that the male population of Nepal is 1,42,53,551 (48.98 percent) and the female population is 1,49,11,027 (51.02 percent).</span></p> ', 'published' => true, 'created' => '2023-03-24', 'modified' => '2023-03-24', 'keywords' => '', 'description' => '', 'sortorder' => '17095', 'image' => '20230324121911_1679637439.collage (63).jpg', 'article_date' => '2023-03-24 12:18:30', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '34' ) ), (int) 2 => array( 'Article' => array( 'id' => '17359', 'article_category_id' => '1', 'title' => 'Earthquake Jolts Mugu ', 'sub_title' => '', 'summary' => 'March 24: An earthquake measuring 4.5 magnitude in the Richter scale occurred at 9:15 am this morning with its epicenter in Mugu district.', 'content' => '<p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"Arial Unicode MS","sans-serif"">March 24: An earthquake measuring 4.5 magnitude in the Richter scale occurred at 9:15 am this morning with its epicenter in Mugu district, the National Earthquake Monitoring and Research Centre, Lainchaur, said. </span></span></span></p> <p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"Arial Unicode MS","sans-serif"">The earthquake was felt in the districts of Karnali and Sudurpaschim provinces. The eastern and western regions of the country have recorded frequent earthquakes in the recent time. -- RSS </span></span></span></p> ', 'published' => true, 'created' => '2023-03-24', 'modified' => '2023-03-24', 'keywords' => '', 'description' => '', 'sortorder' => '17094', 'image' => '20230324121121_earth.jpg', 'article_date' => '2023-03-24 12:10:24', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => null, 'user_id' => '34' ) ), (int) 3 => array( 'Article' => array( 'id' => '17358', 'article_category_id' => '1', 'title' => 'SEBON Files Case against Neupane for Insider Trading', 'sub_title' => '', 'summary' => 'March 24: The Securities Board of Nepal (SEBON) has filed a case against Guru Prasad Neupane at the Kathmandu District Court for the offense of insider trading.', 'content' => '<p><span style="font-size:18px"><span style="font-family:"Times New Roman","serif"">March 24: The Securities Board of Nepal (SEBON) has filed a case against Guru Prasad Neupane at the Kathmandu District Court for the offense of insider trading. SEBON claims that Neupane did insider trading when he was the chairman of Ridi Hydropower Company while buying and selling shares of the company from March 2021 to July 2022. An investigation conducted by the board found that Neupane had committed an offense amounting to Rs 32.3 million.</span></span></p> <p><span style="font-size:18px"><span style="font-family:"Times New Roman","serif"">According to the Securities Registration and Issuance Regulations 2079, the provision states that the director, executive head, auditor, company secretary or any person directly involved in the management or accounting of any organized institution cannot buy, sell or transfer the shares of that organization or its subsidiary company as long as they remain in office or for one year after retiring from the office. Likewise, the person holding this position cannot buy and sell shares in the name of the firm or their family members. For violating the securities law, the board has already punished Neupane with a fine of Rs 75,000 and barred him from being a director in a listed organization for 10 years.</span></span></p> <p><span style="font-size:18px"><span style="font-family:"Times New Roman","serif"">If the case filed by the board in the court is upheld, the punishment can be imprisonment for up to one year or fine equivalent to Rs 32.3 million or both.</span></span></p> <p> </p> <p> </p> <p> </p> ', 'published' => true, 'created' => '2023-03-24', 'modified' => '2023-03-24', 'keywords' => '', 'description' => '', 'sortorder' => '17093', 'image' => '20230324114237_Sebonn new.jpg', 'article_date' => '2023-03-24 11:19:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '34' ) ), (int) 4 => array( 'Article' => array( 'id' => '17357', 'article_category_id' => '1', 'title' => 'COVID-19 Cases Shoot up in Nepal ', 'sub_title' => '', 'summary' => 'March 24: Nepal has recently witnessed rapid rise in COVID-19 cases, the state-owned RSS reported on Friday. ', 'content' => '<p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif"">March 24: Nepal has recently witnessed rapid rise in COVID-19 cases, the state-owned RSS reported on Friday. According to the national news agency, the country reported 17 infection cases in a single day on Thursday.</span></span></p> <p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif"">The Ministry of Health and Population said that the new cases were confirmed after 1,454 tests. On March 21 and 22, no infection case was reported while undertaking 909 and 1,387 tests respectively, added RSS. Active infection cases stood at 30 on Thursday, the news agency cited the ministry as saying. </span></span></p> <p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif"">Nepal has seen impacts of neighbouring India that has reported increasing number of COVID-19 cases of late, Dr Chuman Lal Das, Director of the Epidemiology and Disease Control Division told RSS. The infection is increasing in India.</span></span></p> <p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif"">“People who have tested positive for the virus in India are carrying the disease in Nepal. Seven infected people entered Nepal through the open border yesterday (Wednesday) alone,” said Dr Das, adding that tests have been intensified at the border. </span></span></p> <p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif"">He also urged people to follow the health protocols and receive a booster dose. </span></span></p> <p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif"">Meanwhile, the ministry has also urged all people to receive a booster dose. It has also launched a booster dose campaign across the country in a bid to keep the infection in check. </span></span></p> <p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif"">Last week, the World Health Organisation (WHO) had said that the Covid-19 pandemic could settle down this year to a point where it poses a threat similar to flu.</span></span></p> <p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif"">According to AFP, the WHO voiced confidence that it will be able to declare an end to the emergency some time in 2023, saying it was increasingly hopeful about the pandemic phase of the virus coming to a close. </span></span></p> <p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif"">According to media reports, China, where the virus is reported to have originated, has already downgraded Covid-19 to B-grade virus and has eased restrictions from January 8. Japan, on the other hand is considering downgrading Covid-19 to the same level as seasonal influenza.</span></span></p> <p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif"">The virus, which was first detected in China’s Wuhan in December 2019, has infected more than 683 million people worldwide and has claimed 6.8 million lives. The effects of the virus has largely subsided in recent months, especially in countries that have administered vaccine against the virus.</span></span></p> ', 'published' => true, 'created' => '2023-03-24', 'modified' => '2023-03-24', 'keywords' => '', 'description' => '', 'sortorder' => '17092', 'image' => '20230324105953_20210518112229_1621294179.1.jpg', 'article_date' => '2023-03-24 10:57:54', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '34' ) ), (int) 5 => array( 'Article' => array( 'id' => '17356', 'article_category_id' => '1', 'title' => 'Three Nepali Pilots Grounded', 'sub_title' => '', 'summary' => 'The Civil Aviation Authority of Nepal (CAAN) has grounded a pilot on the charge of hurling offensive words at the air traffic controllers (ATC). ', 'content' => '<p><span style="font-size:18px">March: The Civil Aviation Authority of Nepal (CAAN) has grounded a pilot on the charge of hurling offensive words at the air traffic controllers (ATC). </span></p> <p><span style="font-size:18px">A pilot of the Annapurna helicopter was grounded after he was found throwing vulgar words at the ATCs while attending to the Kathmandu-Lukla flight, said the CAAN spokesperson Jagannath Niraula.</span></p> <p><span style="font-size:18px"> “A pilot of the Annapurna helicopter was grounded for mis-communicating with the ATCs during a Kathmandu-Lukla flight on 21 March, 2023,” he said. </span></p> <p><span style="font-size:18px">Similarly, other two pilots of helicopter companies (Air Dynasty and Fishtail Air) have been grounded for violating the aviation safety guidelines, Niraula said. All three pilots in question will be banned from flying until further notice, Niraula informed. ----RSS </span><br /> </p> ', 'published' => true, 'created' => '2023-03-24', 'modified' => '2023-03-24', 'keywords' => '', 'description' => '', 'sortorder' => '17091', 'image' => '20230324071402_collage (36).jpg', 'article_date' => '2023-03-24 07:10:46', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => null, 'user_id' => '42' ) ), (int) 6 => array( 'Article' => array( 'id' => '17355', 'article_category_id' => '1', 'title' => 'Standard Chartered Bank Organizes Fund-raising Programme For Futuremakers', 'sub_title' => '', 'summary' => 'Standard Chartered Bank Nepal Limited held a staff fundraising program “Home Run 2023” for its sustainability initiative “Futuremakers by Standard Chartered” on March 18, 2023.', 'content' => '<p> </p> <p><span style="font-size:18px">March 24: Standard Chartered Bank Nepal Limited held a staff fundraising program “Home Run 2023” for its sustainability initiative “Futuremakers by Standard Chartered” on March 18, 2023.</span></p> <p><span style="font-size:18px">Around 200 staffers participated in the programme by walking, running and cycling across an 11km route covering the bank’s branches in Naxal, Newroad and Naya Baneshwor.</span></p> <p><span style="font-size:18px">Standard Chartered’s Futuremakers is the bank’s global initiative to tackle inequality and promote greater economic inclusion for young people in communities. The funds raised from the event will be used for Futuremakers-related CSR projects in Nepal.</span></p> <p><span style="font-size:18px">At the inauguration ceremony of the event, Chief Executive Officer Anirvan Ghosh Dastidar expressed his gratitude to the staff members for coming together for this noble cause which would help empower the next generation to learn, earn and grow. </span></p> <p><span style="font-size:18px">“At Standard Chartered, we believe that everyone deserves the opportunity to realise their potential. Home Run is a fantastic initiative by the Bank to help young people from low-income backgrounds by raising funds,” Dastidar added. </span></p> <p> </p> ', 'published' => true, 'created' => '2023-03-24', 'modified' => '2023-03-24', 'keywords' => '', 'description' => '', 'sortorder' => '17090', 'image' => '20230324064719_collage (34).jpg', 'article_date' => '2023-03-24 06:43:47', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => null, 'user_id' => '42' ) ), (int) 7 => array( 'Article' => array( 'id' => '17354', 'article_category_id' => '1', 'title' => 'Social Security Fund has over 400,000 Contributors ', 'sub_title' => '', 'summary' => 'March 23: The number of contributors enlisted in Social Security Fund has reached more than 400,000. ', 'content' => '<p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"Arial Unicode MS","sans-serif"">March 23: The number of contributors enlisted in Social Security Fund has reached more than 400,000. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">Around 430,000 workers have been enlisted in the fund within four years of the launch of the Social Security Scheme. The government had launched the Social Security Scheme on November 27, 2018. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">The fund has recorded the highest number of contributors from Bagmati Province with 307,718 contributors. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">Similarly, 38,957 workers from Koshi Province are enlisted in the fund while 21,258 are from Madhes Province, 15,241 from Gandaki Province, 14,099 from Lumbini Province, 1,529 from Sudurpaschim Province and 1,228 from Karnali Province. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">The fund has set a target to enlist 500,000 workers within the end of the current fiscal year. Around 17,739 employers are associated with the fund. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">The fund has collected Rs 30.11 billion so far. It has paid claim of Rs 2.83 billion to the contributors under various schemes. The fund has been expanding social security area in recent period. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">The fund, which has been incorporating the workers of informal sector in the scheme, has started enlisting Nepali migrant workers and those who are self-employed in foreign lands in the fund from Wednesday. -- RSS </span></span></span></p> ', 'published' => true, 'created' => '2023-03-23', 'modified' => '2023-03-23', 'keywords' => '', 'description' => '', 'sortorder' => '17089', 'image' => '20230323035158_SSF (1).jpg', 'article_date' => '2023-03-23 15:51:14', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => null, 'user_id' => '34' ) ), (int) 8 => array( 'Article' => array( 'id' => '17353', 'article_category_id' => '1', 'title' => 'One Agent, One Insurance Company Policy Comes into Effect', 'sub_title' => '', 'summary' => 'March 23: Nepal Insurance Authority has implemented a provision that one insurance agent cannot work in more than one insurance company of the same type.', 'content' => '<p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif""><span style="font-size:12.0pt"><span style="font-family:"Times New Roman","serif"">March 23: Nepal Insurance Authority has implemented a provision that one insurance agent cannot work in more than one insurance company of the same type.</span></span></span></span></p> <p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif""><span style="font-size:12.0pt"><span style="font-family:"Times New Roman","serif"">In subsection 6 of section 93 of the Insurance Act, 2079, it is mentioned that an insurance agent of one insurer cannot work as an insurance agent of another insurer of the same type of company during the same period.</span></span></span></span></p> <p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif""><span style="font-size:12.0pt"><span style="font-family:"Times New Roman","serif"">According to the provisions of the Insurance Act, 2079, the authority has implemented the policy of 'one agent, one insurance company'. </span></span></span></span></p> <p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif""><span style="font-size:12.0pt"><span style="font-family:"Times New Roman","serif"">With the implementation of the provision, now one person will not be allowed to work as an agent of more than one insurance company of the same type. </span></span></span></span></p> <p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif""><span style="font-size:12.0pt"><span style="font-family:"Times New Roman","serif"">According to the authority, the number of insurance agents has reached 256,322 by mid-March. Among them, 5045 agents are affiliated to more than one insurance company of the same type.</span></span></span></span></p> <p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif""><span style="font-size:12.0pt"><span style="font-family:"Times New Roman","serif"">According to the authority, the number of agents affiliated to two insurance companies doing the same type of business is 4,847 and 178 are affiliated to three companies, while 16 are affiliated are to four companies, 2 each with five and 10 companies.</span></span></span></span></p> <p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif""><span style="font-size:12.0pt"><span style="font-family:"Times New Roman","serif"">With the implementation of the 'One Agent, One Insurance Company' policy by the Insurance Authority, agents affiliated to more than one insurance company of the same type will now be able to choose only one company online. The agent can choose the company and renew it through the One Time Password (OTP) received on the mobile.</span></span></span></span></p> <p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif""><span style="font-size:12.0pt"><span style="font-family:"Times New Roman","serif"">Chairman of the Authority, Surya Prasad Silwal, said that the policy will benefit all the agents, insurance companies and the authority with the implementation of the provision in the Insurance Act.</span></span></span></span></p> <p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif""><span style="font-size:12.0pt"><span style="font-family:"Times New Roman","serif"">“We have implemented the provisions of the Act. With the implementation of this arrangement, it will be easy for the agents to renew, and they will work honestly with only one company,” he added.</span></span></span></span></p> <p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif""><span style="font-size:12.0pt"><span style="font-family:"Times New Roman","serif"">He said that now the insurance companies will have complete information about their agents, and it will be easier for the authority to regulate them.</span></span></span></span></p> <p> </p> <p> </p> ', 'published' => true, 'created' => '2023-03-23', 'modified' => '2023-03-23', 'keywords' => '', 'description' => '', 'sortorder' => '17088', 'image' => '20230323105757_Insurance.jpg', 'article_date' => '2023-03-23 10:57:08', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => null, 'user_id' => '34' ) ), (int) 9 => array( 'Article' => array( 'id' => '17352', 'article_category_id' => '1', 'title' => 'Indian Envoy Assures to take Initiative to Remove Anti-Dumping Duty on Jute', 'sub_title' => '', 'summary' => 'March 23: Indian Ambassador to Nepal, Naveen Srivastava has said that India will take initiatives to remove the anti-dumping duty imposed by India on the import of readymade jute from Nepal. ', 'content' => '<p><span style="font-size:18px"><span style="font-family:"Times New Roman","serif"">March 23: Indian Ambassador to Nepal, Naveen Srivastava has said that India will take initiatives to remove the anti-dumping duty imposed by India on the import of readymade jute from Nepal. After businessmen informed the stakeholders about the problems during a program organized by the Morang Merchants Association, Srivastava said that he would take initiatives to remove the anti-dumping duty in order to facilitate the trade of jute. India has been imposing the anti-dumping duty of up to 4 percent on Nepalese jute imports.</span></span></p> <p><span style="font-size:18px"><span style="font-family:"Times New Roman","serif"">Srivastava also said that the amount of food grains required for Nepal will be easily made available despite the export ban. He said that the Government of India will provide the necessary food if there is a demand with real data.</span></span></p> <p><span style="font-size:18px"><span style="font-family:"Times New Roman","serif"">He said that the Government of India has adopted a policy of taking its neighbors along in development. He also added that the railway service from Bathnaha to Biratnagar ICP will be operational within a short time. He informed that the railway which has been completed up to ICP will be handed over to the Government of Nepal within a few days.</span></span></p> <p><span style="font-size:18px"><span style="font-family:"Times New Roman","serif"">Srivastava said that the essence of Prime Minister Narendra Modi's 'Neighbors First' policy is to move forward for development, and mentioned that both India and Nepal are brothers. He said, “Both countries are equal. None of them is big or small. We should help each other in development.”</span></span></p> <p><span style="font-size:18px"><span style="font-family:"Times New Roman","serif"">After industrialists and businessmen demanded the opening of the closed Indian Embassy office in Biratnagar, Srivastava clarified that the office will be opened if the Nepalese government and the people of Biratnagar want it. He said, “Nepal government should give permission on this matter, if the government allows, the embassy office will be opened here as well.”</span></span></p> <p> </p> ', 'published' => true, 'created' => '2023-03-23', 'modified' => '2023-03-23', 'keywords' => '', 'description' => '', 'sortorder' => '17087', 'image' => '20230323105211_jute.jpg', 'article_date' => '2023-03-23 10:51:25', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => null, 'user_id' => '34' ) ), (int) 10 => array( 'Article' => array( 'id' => '17351', 'article_category_id' => '1', 'title' => 'Social Security to Cover Nepali Migrant Workers', 'sub_title' => '', 'summary' => 'March 23: Nepali migrant workers who are employed abroad or are self-employed have been included in the social security scheme of the government.', 'content' => '<p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif""><span style="font-size:15.0pt"><span style="font-family:"Arial","sans-serif"">March 23: Nepali migrant workers who are employed abroad or are self-employed have been included in the social security scheme of the government. Prime Minister Pushpa Kamal Dahal has launched the work of listing the workers abroad in the scheme amid a special program on Wednesday. </span></span></span></span></p> <p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif""><span style="font-size:15.0pt"><span style="font-family:"Arial","sans-serif"">During the program, Prime Minister Dahal said that the government is effortful to establish the culture to encourage every sector to join the social security fund. He informed that the fund will be used to invest in the physical infrastructure development of the state, entrepreneurship and other productive sectors. </span></span></span></span></p> <p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif""><span style="font-size:15.0pt"><span style="font-family:"Arial","sans-serif"">“I am particularly saddened by the fact that even the contract workers in the government service could not be included in the social security fund so far. I will start making necessary arrangements in this regard," he said.</span></span></span></span></p> <p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif""><span style="font-size:15.0pt"><span style="font-family:"Arial","sans-serif"">Making it clear that the government will not tolerate cheating of young people who go abroad for employment, he said that the days of hurting young people who go abroad for employment are over. </span></span></span></span></p> <p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif""><span style="font-size:15.0pt"><span style="font-family:"Arial","sans-serif"">According to Dahal, the government is preparing to send those who are going abroad only after training them and making them skilled. Prime Minister Dahal also expressed the government's commitment to the full implementation of the five-year strategic plan announced by the Ministry of Labour, Employment and Social Security.</span></span></span></span></p> <p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif""><span style="font-size:15.0pt"><span style="font-family:"Arial","sans-serif"">Labor Secretary Ek Narayan Aryal, who is the chairman of the Social Security Fund, said that the government has started implementing the 'Contribution-based Social Security Scheme Operation Procedures 2079 for Workers in Foreign Employment and Self-Employed Persons Abroad'.</span></span></span></span></p> <p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif""><span style="font-size:15.0pt"><span style="font-family:"Arial","sans-serif"">According to him, no Nepali worker abroad needs to live outside the scope of social security. </span></span></span></span></p> <p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif""><span style="font-size:15.0pt"><span style="font-family:"Arial","sans-serif"">According to Secretary Aryal, this has ensured the social security of 2.2 million workers who are employed abroad. To join the fund, workers have to complete the prescribed process. </span></span></span></span></p> <p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif""><span style="font-size:15.0pt"><span style="font-family:"Arial","sans-serif"">Kapilmani Gyawali, executive director of the SSF said that hundreds of thousands of Nepalis living abroad will benefit from this scheme. According to him, this scheme has been introduced so that the workers who are employed abroad can get benefits including pension.</span></span></span></span></p> <p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif""><span style="font-size:15.0pt"><span style="font-family:"Arial","sans-serif"">In order to bring foreign employment or self-employed workers under the umbrella of social security, the fund has already approved the procedures for listing informal, self-employed and foreign workers in the social security fund, he added.</span></span></span></span></p> <p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif""><span style="font-size:15.0pt"><span style="font-family:"Arial","sans-serif"">“The permission of the employer company is not required to participate in the fund. You can apply by yourself by keeping your passport and work permit. The specified amount can be deposited directly into the account.”</span></span></span></span></p> <p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif""><span style="font-size:15.0pt"><span style="font-family:"Arial","sans-serif"">According to the fund, the procedure has opened the way for millions of informal, self-employed and foreign workers to participate in the contribution-based social security scheme.</span></span></span></span></p> <p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif""><span style="font-size:15.0pt"><span style="font-family:"Arial","sans-serif"">The trade unions have been demanding for a long time to bring the informal and self-employed workers under the scope of social security.</span></span></span></span></p> <p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif""><span style="font-size:15.0pt"><span style="font-family:"Arial","sans-serif"">Even though the workers in Nepal's formal sector have been benefiting from the social security scheme for three years, those who are employed abroad and self-employed were deprived of it. The Non-Resident Nepali Association (NRNA) had also been lobbying to include foreign workers in the social security scheme.</span></span></span></span></p> <p> </p> ', 'published' => true, 'created' => '2023-03-23', 'modified' => '2023-03-23', 'keywords' => '', 'description' => '', 'sortorder' => '17086', 'image' => '20230323104308_PRO-KTM-PMPRACHANDA.jpg', 'article_date' => '2023-03-23 10:42:31', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => null, 'user_id' => '34' ) ), (int) 11 => array( 'Article' => array( 'id' => '17350', 'article_category_id' => '1', 'title' => 'Construction Works in Manang Resume with the End of Winter', 'sub_title' => '', 'summary' => 'March 23: With the end of winter, construction of infrastructure has started in the Himalayan district of Manang. ', 'content' => '<p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif""><span style="font-size:15.0pt"><span style="font-family:"Arial","sans-serif"">March 23: With the end of winter, construction of infrastructure has started in the Himalayan district of Manang. The infrastructure office informed that the construction work, which was halted due to the cold weather, has once again gained momentum. The head of the office Jay Bista said that the construction work which was stopped due to extreme cold has now started. Due to the extreme cold weather in the district, the construction work of the physical infrastructures damaged by the continuous rainfall last year was halted.</span></span></span></span></p> <p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif""><span style="font-size:15.0pt"><span style="font-family:"Arial","sans-serif"">Chief District Officer Suprabha Khanal Dhungel said that the construction of roads, bridges and hydropower in Upper Manang which had been stopped earlier has resumed now. </span></span></span></span></p> <p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif""><span style="font-size:15.0pt"><span style="font-family:"Arial","sans-serif"">Chief Engineer Bista said that development work is going on in Chame, Nason, Narpabhumi and Ngisyang Rural Municipality of the district. </span></span></span></span></p> <p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif""><span style="font-size:15.0pt"><span style="font-family:"Arial","sans-serif"">"Due to the extreme cold in winter, the infrastructure construction work in upper Manang could not be done, but now it has started. The work here can only be done for a total of three months in a year," said Bista.</span></span></span></span></p> <p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif""><span style="font-size:15.0pt"><span style="font-family:"Arial","sans-serif"">According to him, construction of such a retaining wall, drain construction, road maintenance are being done under the road construction work. He said that the work stopped by the cold is now being done intensively with the aim of making things easier before the onset of the rainy season. </span></span></span></span></p> <p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif""><span style="font-size:15.0pt"><span style="font-family:"Arial","sans-serif"">The construction work of the Chame-Bensisahar road section, which is the lifeline of Manang, has also been accelerated since the weather has been favorable. For the construction of this road section, the budget has been allocated annually under the multi-year plan. The government has been allocating budget specifically for road construction and development to facilitate transportation in the district.</span></span></span></span></p> <p> </p> ', 'published' => true, 'created' => '2023-03-23', 'modified' => '2023-03-23', 'keywords' => '', 'description' => '', 'sortorder' => '17085', 'image' => '20230323101835_Manang.jpg', 'article_date' => '2023-03-23 10:17:52', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => null, 'user_id' => '34' ) ), (int) 12 => array( 'Article' => array( 'id' => '17349', 'article_category_id' => '1', 'title' => 'NBSM Takes Action against 973 Firms', 'sub_title' => '', 'summary' => 'March 23: The Nepal Bureau of Standards and Metrology (NBSM) Birgunj has filed cases against two industries of Chitwan in the current fiscal year.', 'content' => '<p><span style="font-size:18px"><span style="font-family:"Times New Roman","serif"">March 23: The Nepal Bureau of Standards and Metrology (NBSM) Birgunj has filed cases against two industries of Chitwan in the current fiscal year.</span></span></p> <p><span style="font-size:18px"><span style="font-family:"Times New Roman","serif"">Manish Kumar Das, head of the office, informed that the cases were filed after it was found that the industries were using weighing machines without obtaining a license.</span></span></p> <p><span style="font-size:18px"><span style="font-family:"Times New Roman","serif"">The office has also taken action and fined 973 commercial and industrial establishments that did not renew their measuring devices from mid-July to mid-March of the current fiscal year.</span></span></p> <p><span style="font-size:18px"><span style="font-family:"Times New Roman","serif"">During the review period, the office also claimed that 391 commercial and industrial establishments were granted new licenses related to weighing. Also, during the same period, the office renewed the measuring devices of 814 commercial and industrial establishments. In the last eight months, the office collected Rs 8,021,855 in revenue.</span></span></p> <p><span style="font-size:18px"><span style="font-family:"Times New Roman","serif"">Das said that from mid-July to mid-March of the current fiscal year, the office conducted single monitoring 24 times and joint monitoring 22 times. Similarly, he also informed that the office also inspected 604 pump nozzles and 36 tankers in its area of operation.</span></span></p> <p><span style="font-size:18px"><span style="font-family:"Times New Roman","serif"">As per the information provided by Das, the office is also giving training on industrial production and weighing equipment every Friday. NBSM has also been warning not to self-produce against the standards set by the department. If found doing so, there is a provision for a fine from Rs 5000 up to Rs 10,000.</span></span></p> <p> </p> ', 'published' => true, 'created' => '2023-03-23', 'modified' => '2023-03-23', 'keywords' => '', 'description' => '', 'sortorder' => '17084', 'image' => '20230323093853_market monitoring.jpg', 'article_date' => '2023-03-23 09:38:14', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => null, 'user_id' => '34' ) ), (int) 13 => array( 'Article' => array( 'id' => '17347', 'article_category_id' => '1', 'title' => 'Pokhara to Host PATA Summit 2023 From May 29 to June 1', 'sub_title' => '', 'summary' => 'The Pacific Asia Travel Association (PATA) Annual Summit and Mart 23 will take place in Pokhara, a major tourist destination of Nepal, from 29 May to June 1. ', 'content' => '<p><br /> <span style="font-size:18px">March 22: The Pacific Asia Travel Association (PATA) Annual Summit and Mart 23 will take place in Pokhara, a major tourist destination of Nepal, from 29 May to June 1. </span></p> <p><span style="font-size:18px">Co-organised by the Government of Nepal, the Nepal Tourism Board, and the PATA, this is the first time that the Summit is taking place in Pokhara since Nepal got its international membership in 1975, said the NTB chief executive officer, Dr Dhananjaya Regmi at a press conference in Pokhara on Wednesday. </span></p> <p><span style="font-size:18px">The local government will coordinate the Summit. For the event, a main organising committee has been formed under the chairpersonship of the NTB chairperson, and organisations relating to tourism are members. </span></p> <p><span style="font-size:18px">This conclave is expected to be a milestone in the promotion of tourism in Nepal in general, and Pokhara and Gandaki Province in particular, at a time when the sector hit-hard by the COVID-19 pandemic is reviving, Regmi said.</span></p> <p><span style="font-size:18px">The summit has also provided an opportunity for Nepali and international tourism entrepreneurs to meet and share at the same platform, Regmi added. </span></p> <p><span style="font-size:18px">“This is the third time that Nepal is hosting the Adventure Mart, and the first time that the Summit is taking place in Nepal. We expect the summit to further boost Nepal’s tourism and return the tourism situation to the same pre-COVID by the end of 2023 by increasing inflows of tourists,” said Regmi.</span></p> <p><span style="font-size:18px"> Around 300 representatives from 15 different countries and the PATA executive board members are expected to participate in the event. </span></p> <p><span style="font-size:18px"> A wide range of issues from sustainable tourism to crisis management, aviation safety, and adventure and mountainous tourism will be discussed, said Secretary of the PATA International, Suman Pandey. </span></p> <p><span style="font-size:18px">The Pokhara Metropolitan City Mayor Dhanraj Acharya pledged to provide required assistances to make the PATA Summit a success. ---RSS </span></p> ', 'published' => true, 'created' => '2023-03-22', 'modified' => '2023-03-22', 'keywords' => '', 'description' => '', 'sortorder' => '17082', 'image' => '20230322051752_collage - 2023-03-22T171729.016.jpg', 'article_date' => '2023-03-22 17:14:41', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => null, 'user_id' => '42' ) ), (int) 14 => array( 'Article' => array( 'id' => '17346', 'article_category_id' => '1', 'title' => 'Start-ups to get upto Rs 2.5 Million Collateral-free Loans ', 'sub_title' => '', 'summary' => 'March 22: Start-up enterprises will now get collateral-free concessional loans up to Rs 2.5 million. ', 'content' => '<p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif""><span style="font-size:12.0pt"><span style="font-family:"Times New Roman","serif"">March 22: Start-up enterprises will now get collateral-free concessional loans up to Rs 2.5 million. </span></span></span></span></p> <p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif""><span style="font-size:12.0pt"><span style="font-family:"Times New Roman","serif"">The Ministry of Industry, Commerce and Supplies has prepared and approved the start-up loan procedure to provide loan facilities at subsidized interest rate without collateral to 14 types of enterprises.</span></span></span></span></p> <p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif""><span style="font-size:12.0pt"><span style="font-family:"Times New Roman","serif"">According to the procedure, the enterprises designated to get concessional loans under start-up should not be operating for more than seven years. It is mentioned in the procedure that concessional loans can be granted to those enterprises that meet at least five of the seven criteria set by the government, including the paid-up capital not exceeding Rs 50 million, the total income of the business not exceeding Rs 50 million a year, the fixed capital not exceeding Rs 20 million, and the enterprise not having more than 10 full-time employees.</span></span></span></span></p> <p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif""><span style="font-size:12.0pt"><span style="font-family:"Times New Roman","serif"">The government has allocated a budget of Rs 250 million in the current fiscal year for the disbursement of start-up loans. After the implementation of the procedure, the start-up enterprises that meet the standards set by the government will get a loan of Rs 2.5 million without collateral from the commercial banks for 7 years at an annual interest rate of 3 per cent. </span></span></span></span></p> <p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif""><span style="font-size:12.0pt"><span style="font-family:"Times New Roman","serif"">Joint Secretary Baburam Gautam, head of the Industrial Division under the Ministry of Industry, Commerce and Supplies said that the start-up loan procedure has been sent to the related agencies for implementation. </span></span></span></span></p> <p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif""><span style="font-size:12.0pt"><span style="font-family:"Times New Roman","serif"">"The Ministry of Industry has approved the start-up loan procedure and sent it to the Department of Industry for implementation," Division Head Gautam told New Business Age on Tuesday, "The start-up policy has been sent to the Ministry of Finance and the National Planning Commission for consultation."</span></span></span></span></p> <p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif""><span style="font-size:12.0pt"><span style="font-family:"Times New Roman","serif"">According to Joint Secretary Gautam, eligible start-ups can now apply for concessional loans. "We will evaluate their application and provide loans as soon as possible," he said.</span></span></span></span></p> <p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif""><span style="font-size:12.0pt"><span style="font-family:"Times New Roman","serif"">The start-up enterprise credit fund procedure 2079 is about to be implemented for the first time in Nepal.</span></span></span></span></p> <p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif""><span style="font-size:12.0pt"><span style="font-family:"Times New Roman","serif"">Industrialists are happy after the government introduced this kind of arrangement. </span></span></span></span></p> <p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif""><span style="font-size:12.0pt"><span style="font-family:"Times New Roman","serif"">Ranjit Acharya, coordinator of the Start-Up Innovation Committee under the Federation of Nepal Chamber of Commerce and Industry, said that everything possible to encourage and support start-up enterprises is included in the start-up policy. </span></span></span></span></p> <p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif""><span style="font-size:12.0pt"><span style="font-family:"Times New Roman","serif"">He said, "The start-up policy will make the current ecosystem sustainable and innovative." Even though this arrangement is already in place, it has been delayed because the officials of the ministry took a long time to understand the start-up issue.”</span></span></span></span></p> <p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif""><span style="font-size:12.0pt"><span style="font-family:"Times New Roman","serif"">Acharya also expressed his apprehension that the start-up process may become a victim of political conflict. </span></span></span></span></p> <p> </p> <p> </p> <p> </p> <p> </p> ', 'published' => true, 'created' => '2023-03-22', 'modified' => '2023-03-22', 'keywords' => '', 'description' => '', 'sortorder' => '17081', 'image' => '20230322044214_startup.jpg', 'article_date' => '2023-03-22 16:41:33', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => null, 'user_id' => '34' ) ) ) $current_user = null $logged_in = false $xml = falsesimplexml_load_file - [internal], line ?? include - APP/View/Elements/side_bar.ctp, line 133 View::_evaluate() - CORE/Cake/View/View.php, line 971 View::_render() - CORE/Cake/View/View.php, line 933 View::_renderElement() - CORE/Cake/View/View.php, line 1224 View::element() - CORE/Cake/View/View.php, line 418 include - APP/View/Articles/index.ctp, line 157 View::_evaluate() - CORE/Cake/View/View.php, line 971 View::_render() - CORE/Cake/View/View.php, line 933 View::render() - CORE/Cake/View/View.php, line 473 Controller::render() - CORE/Cake/Controller/Controller.php, line 968 Dispatcher::_invoke() - CORE/Cake/Routing/Dispatcher.php, line 200 Dispatcher::dispatch() - CORE/Cake/Routing/Dispatcher.php, line 167 [main] - APP/webroot/index.php, line 117
| Currency | Unit |
Buy | Sell |
| U.S. Dollar | 1 | 121.23 | 121.83 |
| European Euro | 1 | 131.65 | 132.31 |
| UK Pound Sterling | 1 | 142.47 | 143.18 |
| Swiss Franc | 1 | 124.29 | 124.90 |
| Australian Dollar | 1 | 71.69 | 72.05 |
| Canadian Dollar | 1 | 83.90 | 84.32 |
| Japanese Yen | 10 | 10.94 | 11.00 |
| Chinese Yuan | 1 | 17.17 | 17.26 |
| Saudi Arabian Riyal | 1 | 32.27 | 32.43 |
| UAE Dirham | 1 | 33.01 | 33.17 |
| Malaysian Ringgit | 1 | 27.36 | 27.50 |
| South Korean Won | 100 | 9.77 | 9.82 |
Update: 2020-03-25 | Source: Nepal Rastra Bank (NRB)
| Fine Gold | 1 tola | 77000.00 |
| Tejabi Gold | 1 tola | 76700.00 |
| Silver | 1 tola | 720.00 |
Update : 2020-03-25
Source: Federation of Nepal Gold and Silver Dealers' Association
| Petrol | 1 Liter | 106.00 |
| Diesel | 1 Liter | 95.00 |
| Kerosene | 1 Liter | 95.00 |
| LP Gas | 1 Cylinder | 1375.00 |
Update : 2020-03-25
