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			'title' => '7.8 Percent Population at Risk of Severe Food Crisis in Nepal despite Sufficient Reserve   ',
			'sub_title' => '',
			'summary' => 'August 18: Data show that the country has sufficient food reserve, but food imbalance due to disproportionate production and distribution poses a threat to food security in Nepal with 7.8 percent population at risk of severe food crisis.  ',
			'content' => '<p><span style="font-size:18px"><span style="font-family:Calibri,&quot;sans-serif&quot;"><span style="font-family:&quot;Arial Unicode MS&quot;,&quot;sans-serif&quot;">August 18: Data show that the country has sufficient food reserve, but food imbalance due to disproportionate production and distribution poses a threat to food security in Nepal with 7.8 percent population at risk of severe food crisis.&nbsp;&nbsp;&nbsp;&nbsp; </span><br />
<span style="font-family:&quot;Arial Unicode MS&quot;,&quot;sans-serif&quot;">Minister for Agriculture and Livestock Development Mrigendra Singh Yadav said the existing food reserve is sufficient to meet the average daily food requirements for Nepalis, but still the risk of food insecurity prevails.&nbsp;&nbsp;&nbsp;&nbsp; </span><br />
<span style="font-family:&quot;Arial Unicode MS&quot;,&quot;sans-serif&quot;">He was presenting the fact during a seminar entitled &#39;Food Security in Nepal&#39; jointly organised by the National Security Council and the Nepalese Army.&nbsp;&nbsp;&nbsp;&nbsp; </span><br />
<span style="font-family:&quot;Arial Unicode MS&quot;,&quot;sans-serif&quot;">According to him, food intake habits and culture, people&#39;s unequal access to food, food inaccessibility, lack of quality food, natural disasters and consequences, impact of climate change, artificial food shortage, COVID-19 and fluctuations of food prices in the national and international markets have posed uncertainty in the domestic food supply chain.&nbsp;&nbsp;&nbsp;&nbsp; </span><br />
<span style="font-family:&quot;Arial Unicode MS&quot;,&quot;sans-serif&quot;">Likewise, an exodus of youth force from the agricultural activities, pesticides attacks on crops and the increasing size of uncultivated land are additional challenges for keeping food security intact.&nbsp;&nbsp;&nbsp;&nbsp; </span><br />
<span style="font-family:&quot;Arial Unicode MS&quot;,&quot;sans-serif&quot;">According to the World Food Summit 1996, food security exists when all people, at all times, have physical, social and economic access to sufficient, safe and nutritious food that meets their dietary needs and food preferences for an active and healthy life.&nbsp;&nbsp;&nbsp;&nbsp; </span><br />
<span style="font-family:&quot;Arial Unicode MS&quot;,&quot;sans-serif&quot;">The World Bank defines the situation when the calorie intake remains under 1,800 per day per person as severe food insecurity and according to the WB definition, 7.8 percent of total population face a greater risk of severe food insecurity in Nepal.&nbsp;&nbsp;&nbsp;&nbsp; </span><br />
<span style="font-family:&quot;Arial Unicode MS&quot;,&quot;sans-serif&quot;">An adult with normal health condition requires an intake of 2,200 calorie each day for an active life and the calorie consumption mainly depends on the availability of food.&nbsp;&nbsp;&nbsp;&nbsp; </span><br />
<span style="font-family:&quot;Arial Unicode MS&quot;,&quot;sans-serif&quot;">The 15th five-year plan in Nepal states that 21 percent population in Nepal has still no access to sufficient food. It says that only 48.2 percent of the households are basically food secure.&nbsp;&nbsp;&nbsp;&nbsp; </span><br />
<span style="font-family:&quot;Arial Unicode MS&quot;,&quot;sans-serif&quot;">The government data show that during the last fiscal year (2021/22), the food production in the country was 369 kilos per person and it was estimated to be 257 kilos after deducting seeds, preservation for animal feed and the loss during post-harvest stage.&nbsp;&nbsp;&nbsp;&nbsp; </span><br />
<span style="font-family:&quot;Arial Unicode MS&quot;,&quot;sans-serif&quot;">The figure suggests the food production is enough to meet the daily minimum food requirements of the people.&nbsp;&nbsp;&nbsp;&nbsp; </span><br />
<span style="font-family:&quot;Arial Unicode MS&quot;,&quot;sans-serif&quot;">During the review year, the annual food production in the country was 10. 77 million &nbsp;metric tonnes and it was around 7,530,000 metric tonnes after deducing the seeds, livestock preservation and post-harvest stage loss.&nbsp;&nbsp;&nbsp;&nbsp; </span><br />
<span style="font-family:&quot;Arial Unicode MS&quot;,&quot;sans-serif&quot;">The report says that Nepal needs around 5. 86 million metric tonnes of processed food to meet the food requirements of its population.&nbsp;&nbsp;&nbsp;&nbsp; </span><br />
<span style="font-family:&quot;Arial Unicode MS&quot;,&quot;sans-serif&quot;">On the occasion, the minister said, &quot;The data about the availability of the food shows the quantity of food reserve is approximately 1,663,000 metric tons. Despite the food reserve at the national level, at the household level, around 21 still face the situation forcing them to limit their daily calorie intake below the requirements.&rdquo;</span></span></span></p>

<p><span style="font-size:18px"><span style="font-family:Calibri,&quot;sans-serif&quot;"><span style="font-family:&quot;Arial Unicode MS&quot;,&quot;sans-serif&quot;">According to the minister, &nbsp;imbalanced production and distribution is likely to push around 20 districts at the risk of food insecurity.&nbsp;&nbsp;&nbsp;&nbsp; </span><br />
<span style="font-family:&quot;Arial Unicode MS&quot;,&quot;sans-serif&quot;">The time analysis of the past one decade shows that food reserve in the nation is good, except in the year 2015 that witnessed the major earthquake.&nbsp;&nbsp;&nbsp;&nbsp; </span><br />
<span style="font-family:&quot;Arial Unicode MS&quot;,&quot;sans-serif&quot;">The import of large quantity of rice on the other hand is unexpected. The Annual Household Survey Report, 2017 prepared by the Central Bureau of Statistics shows that the consumption of fine grain rice is on increasing trend. Domestic production of rice has not been able to meet the growing demand. However, opposed to this a large quantity of production of other cereals is being consumed. </span></span></span></p>

<p><span style="font-size:18px"><span style="font-family:Calibri,&quot;sans-serif&quot;"><span style="font-family:&quot;Arial Unicode MS&quot;,&quot;sans-serif&quot;">In terms of food and nutritional security, the contribution of crops like millet and buckwheat has still not come in the mainstream.&nbsp;&nbsp;&nbsp;&nbsp; </span><br />
<span style="font-family:&quot;Arial Unicode MS&quot;,&quot;sans-serif&quot;">Seventy-seven percent of the daily total calorie requirement of a person should be supplied through plant-based food and materials while the rest should be supplied through animals, birds and fish. But the daily calorie requirement is not according to this, the Ministry of Agriculture and Livestock Development said. It is said 87 percent of the calorie requirement per person is derived from plant-based materials and the rest is derived from milk, dairy products, meat and egg.&nbsp;&nbsp;&nbsp;&nbsp; </span><br />
<span style="font-family:&quot;Arial Unicode MS&quot;,&quot;sans-serif&quot;">Minister Yadav said that the statistics shows that from the production point of view, the country is self-sufficient on fish, meat and egg while it is close to this in milk. He reiterated that the ministry is giving special stress on food security in terms of increasing the production and supply of animal-based food for nutritional security.&nbsp;&nbsp;&nbsp;&nbsp; </span><br />
<span style="font-family:&quot;Arial Unicode MS&quot;,&quot;sans-serif&quot;">It is necessary to put in extra investment for expanding the irrigation facility, the availability of improved varieties of seeds and breeds and modernization as well as commercialization of agriculture for production growth.&nbsp;&nbsp;&nbsp;&nbsp; </span><br />
<span style="font-family:&quot;Arial Unicode MS&quot;,&quot;sans-serif&quot;">Also required is collaboration among the three tiers of the government, NGOs, private organisations and development partners for research, technology expansion and infrastructure development to face the challenges seen in the food and nutrition security, Minister Yadav pointed out.&nbsp;&nbsp;&nbsp;&nbsp; </span><br />
<span style="font-family:&quot;Arial Unicode MS&quot;,&quot;sans-serif&quot;">Defence Secretary and the National Security Council Secretariat coordinator Kiran Raj Sharma said this is the first seminar of its kind on contemporary topic. Stating that the issue of food security is not only linked to human security but is also directly linked to overall development, he said this programme has been organised in this light.&nbsp;&nbsp;&nbsp;&nbsp; </span><br />
<span style="font-family:&quot;Arial Unicode MS&quot;,&quot;sans-serif&quot;">The World Food Summit organized in 1974 had acknowledged that food is the basic requirement and stressed on maintaining a balance regarding its quantity, price and supply. The World Food Summit held in 1996 in Rome stated that it can be considered the status of food security has been achieved only if every person has physical and economic access to healthy and nutritious food as per his/her requirement.&nbsp;&nbsp;&nbsp;&nbsp; </span><br />
<span style="font-family:&quot;Arial Unicode MS&quot;,&quot;sans-serif&quot;">Secretary Sharma said it is regrettable that Nepal has not been able to produce the required quantity of food grain despite being predominantly an agrarian country. He added that a large number of populations in the country are deprived of food security due to the sustenance and traditional agriculture system, disparity in the availability and distribution of agricultural land, the complications related to the structure of cultivable land and over-dependence on import in agriculture.&nbsp;&nbsp;&nbsp;&nbsp; </span><br />
<span style="font-family:&quot;Arial Unicode MS&quot;,&quot;sans-serif&quot;">Sixty percent of the country&#39;s population is dependent on agriculture while its contribution to GDP is 32 percent. Statistics show that there is shortage of 600,000 metric tonnes of food grain in Nepal annually.&nbsp;&nbsp;&nbsp;&nbsp; </span><br />
<span style="font-family:&quot;Arial Unicode MS&quot;,&quot;sans-serif&quot;">Experts have come to the conclusion that food security in Nepal is also affected due to factors like COVID-19 pandemic, the Russia-Ukraine war and its adverse impact on the supply of food grains and fuel and the change in the policy of import and export of food grains adopted by various countries in the aftermath of the Russia-Ukraine conflict, among others. -- RSS&nbsp;&nbsp;&nbsp;&nbsp; </span></span></span><br />
&nbsp;</p>
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			'id' => '15814',
			'article_category_id' => '1',
			'title' => 'SSF Contributors can get Special Credit Facility through Mobile App   ',
			'sub_title' => '',
			'summary' => 'August 18: Contributors to the Social Security Fund (SSF) can now avail different types of loan facilities through their mobile application.  ',
			'content' => '<p><span style="font-size:18px"><span style="font-family:Calibri,&quot;sans-serif&quot;"><span style="font-family:&quot;Arial Unicode MS&quot;,&quot;sans-serif&quot;">August 18: Contributors to the Social Security Fund (SSF) can now avail different types of loan facilities through their mobile application.&nbsp;&nbsp;&nbsp;&nbsp; </span><br />
<span style="font-family:&quot;Arial Unicode MS&quot;,&quot;sans-serif&quot;">The fund launched the app that allows the contributors to get special credit, housing loan, educational loan and social loan using the app.&nbsp;&nbsp;&nbsp;&nbsp; </span><br />
<span style="font-family:&quot;Arial Unicode MS&quot;,&quot;sans-serif&quot;">Labour Minister Sher Bahadur Kunwar launched the contributor special credit and mobile app during a programme organised at the Ministry of Labour, Employment and Social Security on Wednesday (August 17).</span><br />
<span style="font-family:&quot;Arial Unicode MS&quot;,&quot;sans-serif&quot;">On the occasion, contributors Binay Kumar Mahato and Pawan Babu Pradhan received the amount of special credit and amount of retirement service through the mobile app.&nbsp;&nbsp;&nbsp;&nbsp; </span><br />
<span style="font-family:&quot;Arial Unicode MS&quot;,&quot;sans-serif&quot;">The contributors who have been regularly contributing to the fund from mid-July 2019 can get special credit and other loan from the fund. As per the Contributors Credit Guidelines-2079, a contributor contributing to the fund continuously for three years can get such credit and loans.&nbsp;&nbsp;&nbsp;&nbsp; Around 700 contributors have now become eligible to get such facilities. Altogether 352,924 contributors are enrolled in the fund so far. A total of Rs 22.08 million have been deposited in the fund so far. The fund had started collecting such amount from Shrawan, 2076 BS (mid-July 2019). There is a provision that a contributor enrolled in the fund has to deposit 11 per cent of amount of his/her basic remuneration and the employer has to contribute 20 per cent monthly.&nbsp;&nbsp;&nbsp;&nbsp; </span><br />
<span style="font-family:&quot;Arial Unicode MS&quot;,&quot;sans-serif&quot;">Minister Kunwar directed the fund to make its service technology-friendly and urged to widen the social security coverage. -- RSS&nbsp;&nbsp; </span></span></span></p>
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			'article_category_id' => '1',
			'title' => 'KUSOM, KCM and NATHM Declared Best B-school for 2022',
			'sub_title' => '16 colleges awarded under four categories during “6th Newbiz B-Schools Ratings, Ranking and Awards 2022”',
			'summary' => '',
			'content' => '<p><span style="font-size:18px"><span style="font-family:Calibri,&quot;sans-serif&quot;"><span style="font-family:&quot;Arial&quot;,&quot;sans-serif&quot;">August 17:&nbsp;Kathmandu University School of Management (KUSOM) has bagged the &ldquo;Best B-school of Nepal - MBA/MBS&rdquo; award while&nbsp;Kathmandu College of Management (KCM) and Nepal Academy of&nbsp;Tourism and Hotel Management (NATHM) have won the &ldquo;Best B-school of Nepal &ndash; BBA/BBA&rdquo; and &ldquo;Best B-school of Nepal &ndash; BHM&rdquo; awards respectively.&nbsp;</span></span></span></p>

<p><span style="font-size:18px"><span style="font-family:Calibri,&quot;sans-serif&quot;"><span style="font-family:&quot;Arial&quot;,&quot;sans-serif&quot;">They were announced winners of the sixth edition of the &ldquo;Newbiz B-School Ratings, Ranking and Awards&rdquo; amid a grand ceremony held in Kathmandu on Wednesday. Prabhu Bank is the main sponsor of the event organized by New Business Age Pvt Ltd.&nbsp;&nbsp;</span></span></span></p>

<p><span style="font-size:18px"><span style="font-family:Calibri,&quot;sans-serif&quot;"><span style="font-family:&quot;Arial&quot;,&quot;sans-serif&quot;">Yamaha, Tata Nexon, Mahalaxmi Bikas Bank Ltd, Everest Bank Ltd, Hama Steel, United Insurance, Nepali Patro, Dish Home FiberNet are other partners of the event.&nbsp;</span></span></span></p>

<p><span style="font-size:18px"><span style="font-family:Calibri,&quot;sans-serif&quot;"><span style="font-family:&quot;Arial&quot;,&quot;sans-serif&quot;">Along with the best three business schools, a total of 16 colleges were awarded in four different categories.&nbsp;&nbsp;</span></span></span></p>

<p><span style="font-size:18px"><span style="font-family:Calibri,&quot;sans-serif&quot;"><span style="font-family:&quot;Arial&quot;,&quot;sans-serif&quot;">The best three colleges under MBA/MBS, BBA/BBS and BHM categories were awarded trophies and certificates while the second and third best colleges received certificates.&nbsp;</span></span></span></p>

<p><span style="font-size:18px"><span style="font-family:Calibri,&quot;sans-serif&quot;"><span style="font-family:&quot;Arial&quot;,&quot;sans-serif&quot;">One best college from each of the seven provinces were also felicitated during the event.</span></span></span></p>

<p><span style="font-size:18px"><span style="font-family:Calibri,&quot;sans-serif&quot;"><span style="font-family:&quot;Arial&quot;,&quot;sans-serif&quot;">An independent jury consisting of experts from various fields had selected the best business schools after phase-wise evaluation, according to the organizer. A total of 602 out of 2,300 schools were shortlisted based on the website of the schools. Around 300 schools were selected in the second stage based on the schools&rsquo; mission, vision and slogan. A total of 87 schools were selected in the third round on the basis of five years of operation. Among them, 16 were awarded during the event.&nbsp;</span></span></span></p>

<p><span style="font-size:18px"><span style="font-family:Calibri,&quot;sans-serif&quot;"><span style="font-family:&quot;Arial&quot;,&quot;sans-serif&quot;">The organizer said that the annual event aims to honor business schools that have been consistently producing prospective future managers of the country.</span></span></span></p>

<p><span style="font-size:18px"><span style="font-family:Calibri,&quot;sans-serif&quot;"><span style="font-family:&quot;Arial&quot;,&quot;sans-serif&quot;">Presidential Business School was announced the &ldquo;2nd Best School of Nepal-MBA/MBS&#39;&#39; while The British College won the award of &lsquo;3rd Best B-school of Nepal-MBA/MBS&rsquo;.&nbsp;&nbsp;</span></span></span></p>

<p><span style="font-size:18px"><span style="font-family:Calibri,&quot;sans-serif&quot;"><span style="font-family:&quot;Arial&quot;,&quot;sans-serif&quot;">Toward the BBA/BBS category, Uniglobe College and Shanker Dev Campus were announced second and third best B-schools respectively for 2022.</span></span></span></p>

<p><span style="font-size:18px"><span style="font-family:Calibri,&quot;sans-serif&quot;"><span style="font-family:&quot;Arial&quot;,&quot;sans-serif&quot;">Silver Mountain School of Hotel Management was declared the &ldquo;2nd Best B-school of Nepal&rdquo; whereas Global Academy of Tourism and Hospitality was adjudged the &ldquo;3rd Best B-school of Nepal &ndash; BHM&rdquo;.</span></span></span></p>

<p><span style="font-size:18px"><span style="font-family:Calibri,&quot;sans-serif&quot;"><span style="font-family:&quot;Arial&quot;,&quot;sans-serif&quot;">According to the jury, the quality and standard, educational infrastructure, quality of academic activities, student-led activities, entrepreneurship promotion programme, relationship with real professional organizations, and employment opportunities were taken into consideration while selecting the schools for the awards.</span></span></span></p>

<p><span style="font-size:18px"><span style="font-family:Calibri,&quot;sans-serif&quot;"><span style="font-family:&quot;Arial&quot;,&quot;sans-serif&quot;">Prior to the award ceremony, a panel discussion on &ldquo;Future of Business Education&rdquo; was also organised during the event where education sector leaders highlighted the role of business schools in producing business executives and other human capital required for the country. Professor Dilli Raj Sharma, dean of the Faculty of Management at Tribhuvan University, Management Educator Professor Dr Mahendra Prasad Shrestha and Silver Mountain School of Hotel Management&rsquo;s Co-Founder Rachana Thapa were the panelists of the discussion moderated by Sabin Joshi, managing director of RB Advisory and Ednopsis Holding.&nbsp;</span></span></span></p>

<p><span style="font-size:18px"><span style="font-family:Calibri,&quot;sans-serif&quot;">&nbsp;</span></span></p>

<p><span style="font-size:18px"><span style="font-family:Calibri,&quot;sans-serif&quot;"><strong><span style="font-family:&quot;Arial&quot;,&quot;sans-serif&quot;">Seven colleges from each province felicitated</span></strong></span></span></p>

<p><span style="font-size:18px"><span style="font-family:Calibri,&quot;sans-serif&quot;"><span style="font-family:&quot;Arial&quot;,&quot;sans-serif&quot;">During the event, one college from each of the seven provinces was felicitated with the best B-school of the province award.</span></span></span></p>

<p><span style="font-size:18px"><span style="font-family:Calibri,&quot;sans-serif&quot;"><span style="font-family:&quot;Arial&quot;,&quot;sans-serif&quot;">Kailali Multiple Campus of Dhangadhi was declared the best business school of Sudur Paschim Province. Likewise, Sahara Campus won the award of the &ldquo;Best Business School &#39;&#39; of Karnali Province.</span></span></span></p>

<p><span style="font-size:18px"><span style="font-family:Calibri,&quot;sans-serif&quot;"><span style="font-family:&quot;Arial&quot;,&quot;sans-serif&quot;">In Lumbini, it was Lumbini Banijya Campus that was handed with the &ldquo;Best B School&rsquo; award. Novel Academy of Pokhara clinched the award of the &ldquo;Best B School &#39;&#39; in Gandaki Province while &ldquo;Special Recognition B School &#39;&#39; was provided to Presidency College of Management Sciences of Bharatpur in Bagamati Province.</span></span></span></p>

<p><span style="font-size:18px"><span style="font-family:Calibri,&quot;sans-serif&quot;"><span style="font-family:&quot;Arial&quot;,&quot;sans-serif&quot;">Birgunj Public College of Birgunj was honored with the &ldquo;Best B School&rdquo; in Madhesh Province while Damak Multiple Campus won the award of &nbsp;the &ldquo;Best B School&rdquo; of Province 1.&nbsp;&nbsp;</span></span></span></p>

<p><br />
&nbsp;</p>
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			'id' => '15811',
			'article_category_id' => '1',
			'title' => 'Education Experts Emphasize on Enhancing Connection between Business Schools and Industries',
			'sub_title' => 'Education sector leaders discuss ways to retain management students in the country',
			'summary' => 'August 17: Education sector leaders have underlined the need to enhance the connection between business schools and domestic industries to retain students in the country.',
			'content' => '<p><span style="font-size:18px"><span style="font-family:Calibri,&quot;sans-serif&quot;">August 17: Education sector leaders have underlined the need to enhance the connection between business schools and domestic industries to retain students in the country.</span></span></p>

<p><span style="font-size:18px"><span style="font-family:Calibri,&quot;sans-serif&quot;">Speaking at a panel discussion on &ldquo;Future of Business Education&rdquo; during 6th Newbiz B School Ratings, Ranking and Awards 2022, they said that retaining students produced by business schools of Nepal has become a major challenge faced by management education in Nepal.</span></span></p>

<p><span style="font-size:18px"><span style="font-family:Calibri,&quot;sans-serif&quot;">&ldquo;The question is not about quality, but it&rsquo;s about retention. The domestic business sector is not able to offer the competitive compensation packages that attract the human capital produced in the country,&rdquo; said Professor Dilli Raj Sharma, dean of the Faculty of Management at Tribhuvan University.&nbsp; </span></span></p>

<p><span style="font-size:18px"><span style="font-family:Calibri,&quot;sans-serif&quot;">&ldquo;There is a need for a strong tie-up between educational institutions and business groups,&rdquo; he said.</span></span></p>

<p><span style="font-size:18px"><span style="font-family:Calibri,&quot;sans-serif&quot;">Rachana Thapa, co-founder of Silver Mountain School of Hotel Management, said that the emphasis should be on research-based and student-centric education system.</span></span></p>

<p><span style="font-size:18px"><span style="font-family:Calibri,&quot;sans-serif&quot;">&ldquo;The world is a global village. People see opportunities abroad. You cannot stop them from exploring the world,&rdquo; she said. </span></span></p>

<p><span style="font-size:18px"><span style="font-family:Calibri,&quot;sans-serif&quot;">&ldquo;How to retain these people in the country? That answer is: invest in your quality and curriculum.&nbsp; Go back and revisit them. The world is changing. What was good 20 or 5 years ago may not be relevant right now,&rdquo; she said.</span></span></p>

<p><span style="font-size:18px"><span style="font-family:Calibri,&quot;sans-serif&quot;">Prof Dr Mahendra Prasad Shrestha, a management educator, called for a paradigm shift in the education system to produce good managers.</span></span></p>

<p><span style="font-size:18px"><span style="font-family:Calibri,&quot;sans-serif&quot;">&ldquo;There is no interface between the business schools and the real businesses. What sort of skills do businesses need? It is a big challenge to identify their needs and produce students that they can absorb,&rdquo; said Prof Dr Shrestha.</span></span></p>

<p><span style="font-size:18px"><span style="font-family:Calibri,&quot;sans-serif&quot;">Sabin Joshi, managing director of RB Advisory and Ednopsis Holding, said that the focus should be on improving employability rather than the education system.</span></span></p>

<p><span style="font-size:18px"><span style="font-family:Calibri,&quot;sans-serif&quot;">&ldquo;Things are changing fast and we have to change accordingly,&rdquo; he said.</span></span></p>

<p><span style="font-size:18px"><span style="font-family:Calibri,&quot;sans-serif&quot;">During the discussion, all panelists agreed that the quality of Nepal&rsquo;s business schools is up to the mark.</span></span></p>

<p><span style="font-size:18px"><span style="font-family:Calibri,&quot;sans-serif&quot;">&ldquo;Some people say that the quality of Nepal&rsquo;s business schools is not good. I partly agree to that, not fully. We have produced successful managers like Kulman Ghising and many CEOs in the banking sector who are the products of Nepal&rsquo;s business schools,&rdquo; said Management Educator Prof Dr Shrestha.</span></span></p>

<p><span style="font-size:18px"><span style="font-family:Calibri,&quot;sans-serif&quot;">TU&rsquo;s Faculty of Management&rsquo;s Dean Prof Sharma insisted that Nepal&rsquo;s curriculum and educational programmes meet international standards.</span></span></p>

<p><span style="font-size:18px"><span style="font-family:Calibri,&quot;sans-serif&quot;">&ldquo;All programmes that we are running are sellable. We are developing courses including hotel management by consulting with respective business sectors,&rdquo; he added.</span></span></p>

<p><span style="font-size:18px"><span style="font-family:Calibri,&quot;sans-serif&quot;">&nbsp;</span></span></p>

<p><span style="font-size:18px"><span style="font-family:Calibri,&quot;sans-serif&quot;">&nbsp;</span></span></p>

<p><span style="font-size:18px"><span style="font-family:Calibri,&quot;sans-serif&quot;">&nbsp;</span></span></p>

<p><span style="font-size:18px"><span style="font-family:Calibri,&quot;sans-serif&quot;">&nbsp;</span></span></p>

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<p>&nbsp;</p>
',
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	(int) 4 => array(
		'Article' => array(
			'id' => '15813',
			'article_category_id' => '1',
			'title' => 'Nepal Heading in the Right Direction, Claims NPC Vice Chair Poudel ',
			'sub_title' => '',
			'summary' => 'August 17: Dr Biswo Nath Poudel, vice-chairman of the National Planning Commission, has said that the country is heading in the right direction, albeit slowly. ',
			'content' => '<p><span style="font-size:18px"><span style="font-family:&quot;Times New Roman&quot;,&quot;serif&quot;">August 17:&nbsp;Dr Biswo Nath Poudel, vice-chairman of the National Planning Commission, has said that the country is heading in the right direction, albeit slowly.&nbsp;</span></span></p>

<p><span style="font-size:18px"><span style="font-family:&quot;Times New Roman&quot;,&quot;serif&quot;">&ldquo;The growth, the governing principles and demographic resilience are heading towards the right direction. We are making progress in various sectors. The pace may not be satisfactory, but there is progress in various key sectors,&rdquo; said Dr Poudel, adding, &ldquo;I urge the education sector to make its contribution toward this progress.&rdquo; </span></span></p>

<p><span style="font-size:18px"><span style="font-family:&quot;Times New Roman&quot;,&quot;serif&quot;">Dr Poudel made such remarks while speaking at the &ldquo;6th Newbiz B School Ratings, Ranking and Awards 2022&rdquo;.</span></span></p>

<p><span style="font-size:18px"><span style="font-family:&quot;Times New Roman&quot;,&quot;serif&quot;">Krishna Prasad Adhikari, vice president of the Confederation of Nepalese Industries (CNI), said that the situation of the country will not improve if there is no practical and quality education that guarantees the bright future for the students. </span></span></p>

<p><span style="font-size:18px"><span style="font-family:&quot;Times New Roman&quot;,&quot;serif&quot;">&ldquo;We have not been able to embrace technology in our schools and colleges,&rdquo; said Adhikari. &ldquo;Until the education sector is not changed, we cannot imagine a change in any other sector,&rdquo; he said.&nbsp;</span></span></p>

<p><span style="font-size:18px"><span style="font-family:&quot;Times New Roman&quot;,&quot;serif&quot;">Similarly, Ramesh Kumar Hamal, chairman of the Securities Board of Nepal (SEBON), said that the focus should be on attracting foreign students to study in Nepal&rsquo;s educational institutions.&nbsp;</span></span></p>

<p><span style="font-size:18px"><span style="font-family:&quot;Times New Roman&quot;,&quot;serif&quot;">&ldquo;Our Nepali students are leaving the country to study abroad or for various opportunities. If it&rsquo;s globalization, there should also be arrival of foreign students in Nepal to pursue their education,&rdquo; he said, calling for collective efforts toward that end.&nbsp;</span></span></p>

<p><span style="font-size:18px"><span style="font-family:&quot;Times New Roman&quot;,&quot;serif&quot;">Stating that the SEBON recently started issuing license to private equity and venture capital, he said that they could become a source of financing for those business students who want to become entrepreneurs and implement their business ideas.&nbsp;</span></span></p>

<p><span style="font-size:18px"><span style="font-family:&quot;Times New Roman&quot;,&quot;serif&quot;">&ldquo;We have started a process to issue license for private equity and venture capital. They provide capital and business knowledge to ideas or startups without any collateral. For business students, this can be a new opportunity,&rdquo; he added.&nbsp;</span></span></p>

<p><span style="font-size:18px"><span style="font-family:&quot;Times New Roman&quot;,&quot;serif&quot;">&nbsp;</span></span></p>

<p><span style="font-size:18px"><span style="font-family:&quot;Times New Roman&quot;,&quot;serif&quot;">&nbsp;</span></span></p>

<p><span style="font-size:18px"><span style="font-family:&quot;Times New Roman&quot;,&quot;serif&quot;">&nbsp;</span></span></p>

<p><span style="font-size:18px"><span style="font-family:&quot;Times New Roman&quot;,&quot;serif&quot;">&nbsp;</span></span></p>

<p>&nbsp;</p>
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	(int) 5 => array(
		'Article' => array(
			'id' => '15809',
			'article_category_id' => '1',
			'title' => 'Newbiz B-School Ratings, Ranking and Awards Kicks Off',
			'sub_title' => '',
			'summary' => 'August 17: The sixth edition of the Newbiz B-School Ratings, Ranking and Awards has kicked off amid a programme in the capital today.',
			'content' => '<p><span style="font-size:12pt"><span style="font-family:&quot;Times New Roman&quot;,&quot;serif&quot;"><span style="font-size:14.0pt"><span style="font-family:&quot;Arial&quot;,&quot;sans-serif&quot;">August 17: The sixth edition of the Newbiz B-School&nbsp;Ratings, Ranking and Awards has kicked off amid a programme in the capital today.</span></span></span></span></p>

<p><span style="font-size:12pt"><span style="font-family:&quot;Times New Roman&quot;,&quot;serif&quot;"><span style="font-size:14.0pt"><span style="font-family:&quot;Arial&quot;,&quot;sans-serif&quot;">Speaking at the inauguration of the awards ceremony, Madan Lamsal, editor-in-chief of New Business Age, said that the country must focus on quality education at a time when our economy is driven by remittance.</span></span></span></span></p>

<p><span style="font-size:12pt"><span style="font-family:&quot;Times New Roman&quot;,&quot;serif&quot;"><span style="font-size:14.0pt"><span style="font-family:&quot;Arial&quot;,&quot;sans-serif&quot;">&ldquo;We cannot sustain our economy driven by remittance. We need capable human resources which is possible through education,&rdquo; said Lamsal, adding, &ldquo;It is the government&rsquo;s responsibility to ensure quality education so that the students of Nepal do not have to go abroad for higher education.&rdquo;</span></span></span></span></p>

<p><span style="font-size:12pt"><span style="font-family:&quot;Times New Roman&quot;,&quot;serif&quot;"><span style="font-size:14.0pt"><span style="font-family:&quot;Arial&quot;,&quot;sans-serif&quot;">According to the organizers, the best colleges will be awarded in four different categories from among more than 2,300 business schools across the country.</span></span></span></span></p>

<p><span style="font-size:12pt"><span style="font-family:&quot;Times New Roman&quot;,&quot;serif&quot;"><span style="font-size:14.0pt"><span style="font-family:&quot;Arial&quot;,&quot;sans-serif&quot;">A total of 16 colleges will be awarded in four different categories during the award distribution ceremony that started at 4 pm today afternoon (August 17). The organizers informed that three best colleges for MBA/MBS, three each for BBA/BBS, three best colleges for BHM and one college from each of the seven provinces will be honored during the event.</span></span></span></span></p>

<p><span style="font-size:12pt"><span style="font-family:&quot;Times New Roman&quot;,&quot;serif&quot;"><span style="font-size:14.0pt"><span style="font-family:&quot;Arial&quot;,&quot;sans-serif&quot;">Among them, one best college in the first three categories will be given trophies and certificates, while certificates will be distributed to the second and third-position holders.</span></span></span></span></p>

<p><span style="font-size:12pt"><span style="font-family:&quot;Times New Roman&quot;,&quot;serif&quot;"><span style="font-size:14.0pt"><span style="font-family:&quot;Arial&quot;,&quot;sans-serif&quot;">Similarly, certificates will be given to the best colleges in each province.</span></span></span></span></p>

<p><span style="font-size:12pt"><span style="font-family:&quot;Times New Roman&quot;,&quot;serif&quot;"><span style="font-size:14.0pt"><span style="font-family:&quot;Arial&quot;,&quot;sans-serif&quot;">A panel discussion among experts on the topic of &#39;Future of Management Education&#39; is also scheduled during the programme.</span></span></span></span></p>

<p><span style="font-size:12pt"><span style="font-family:&quot;Times New Roman&quot;,&quot;serif&quot;"><span style="font-size:14.0pt"><span style="font-family:&quot;Arial&quot;,&quot;sans-serif&quot;">An independent jury consisting of experts from various fields have selected the best school after phase-wise evaluation. According to the jury, 602 out of 2,300 schools were shortlisted based on the website of the schools.</span></span></span></span></p>

<p><span style="font-size:12pt"><span style="font-family:&quot;Times New Roman&quot;,&quot;serif&quot;"><span style="font-size:14.0pt"><span style="font-family:&quot;Arial&quot;,&quot;sans-serif&quot;">Around 300 schools were selected in the second stage based on the school&#39;s mission, vision and slogan. A total of 57 schools were selected in the third round on the basis of five years of operation.</span></span></span></span></p>

<p><span style="font-size:12pt"><span style="font-family:&quot;Times New Roman&quot;,&quot;serif&quot;"><span style="font-size:14.0pt"><span style="font-family:&quot;Arial&quot;,&quot;sans-serif&quot;">According to the jury, quality and standard, educational infrastructure, quality of academic activities, student-led activities, entrepreneurship promotion programme, relationship with real professional organizations, and employment opportunities were taken into consideration while selecting the school for the awards.</span></span></span></span></p>

<p><span style="font-size:12pt"><span style="font-family:&quot;Times New Roman&quot;,&quot;serif&quot;"><span style="font-size:14.0pt"><span style="font-family:&quot;Arial&quot;,&quot;sans-serif&quot;">The main sponsor of the program is Prabhu Bank Limited, while Yamaha, Mahalaxmi Bikas Bank Ltd, Tata Nexon, Everest Bank, Hama Steel, United Insurance, DishHome Fiber Net and Nepali Patro are the co-sponsors of the event.</span></span></span></span></p>

<p>&nbsp;</p>
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	(int) 6 => array(
		'Article' => array(
			'id' => '15810',
			'article_category_id' => '1',
			'title' => 'Government not Supportive Towards Innovation and Entrepreneurship ',
			'sub_title' => '',
			'summary' => 'August 17: It has been a decade since Ram Prasad Rimal and his twin brother Lakshman Prasad developed an electronic voting machine in the country.',
			'content' => '<p><span style="font-size:11pt"><span style="font-family:Calibri,&quot;sans-serif&quot;"><span style="font-size:14.0pt"><span style="font-family:&quot;Arial&quot;,&quot;sans-serif&quot;">August 17: It has been a decade since Ram Prasad Rimal and his twin brother Lakshman Prasad developed an electronic voting machine in the country.</span></span></span></span></p>

<p><span style="font-size:11pt"><span style="font-family:Calibri,&quot;sans-serif&quot;"><span style="font-size:14.0pt"><span style="font-family:&quot;Arial&quot;,&quot;sans-serif&quot;">Three major elections have been held since they developed the machine including two local level elections and one for the House of Representatives and the Provincial Assembly.</span></span></span></span></p>

<p><span style="font-size:11pt"><span style="font-family:Calibri,&quot;sans-serif&quot;"><span style="font-size:14.0pt"><span style="font-family:&quot;Arial&quot;,&quot;sans-serif&quot;">However, instead of encouraging entrepreneurship and innovation through the use of domestic products, the government and the Election Commission have been neglecting technology to the detriment of those engaged in such work. </span></span></span></span></p>

<p><span style="font-size:11pt"><span style="font-family:Calibri,&quot;sans-serif&quot;"><span style="font-size:14.0pt"><span style="font-family:&quot;Arial&quot;,&quot;sans-serif&quot;">Both these bodies are planning to continue using ballot papers which have to be imported from abroad by spending millions of rupees.</span></span></span></span></p>

<p><span style="font-size:11pt"><span style="font-family:Calibri,&quot;sans-serif&quot;"><span style="font-size:14.0pt"><span style="font-family:&quot;Arial&quot;,&quot;sans-serif&quot;">There is no need to doubt the reliability of the machine developed by the twin brothers. Using the same voting machine, 100 internal elections of political parties including CPN-UML, RPP and other organizations have been completed flawlessly. In addition, engineering students who design and develop hardware and software for various types of machines have also used the same machine during the elections of student unions.</span></span></span></span></p>

<p><span style="font-size:11pt"><span style="font-family:Calibri,&quot;sans-serif&quot;"><span style="font-size:14.0pt"><span style="font-family:&quot;Arial&quot;,&quot;sans-serif&quot;">Ram Lakshman&#39;s machine was used during the voting of the last union election at Pulchowk Campus.</span></span></span></span></p>

<p><span style="font-size:11pt"><span style="font-family:Calibri,&quot;sans-serif&quot;"><span style="font-size:14.0pt"><span style="font-family:&quot;Arial&quot;,&quot;sans-serif&quot;">Elections of Nepal Chartered Accountants Association, Rotary Club, a prestigious organization of international level, etc. have also been completed with the voting machine prepared by Ram Lakshman&#39;s company Ram Lakshman Innovations Pvt Ltd.</span></span></span></span></p>

<p><span style="font-size:11pt"><span style="font-family:Calibri,&quot;sans-serif&quot;"><strong>&nbsp;</strong></span></span></p>

<p><span style="font-size:11pt"><span style="font-family:Calibri,&quot;sans-serif&quot;"><span style="font-size:14.0pt"><span style="font-family:&quot;Arial&quot;,&quot;sans-serif&quot;">According to them, the Election Commission during a demonstration had said it would be easier for them to accept the machine if was used in the voting of an organization. Then they started using the machine in the elections of various organizations.</span></span></span></span></p>

<p><span style="font-size:11pt"><span style="font-family:Calibri,&quot;sans-serif&quot;"><span style="font-size:14.0pt"><span style="font-family:&quot;Arial&quot;,&quot;sans-serif&quot;">Dozens of political parties and their sister organizations and other organizations successfully used the machine. Then they again went to the Election Commission but the commission is not yet ready to accept it.</span></span></span></span></p>

<p><span style="font-size:11pt"><span style="font-family:Calibri,&quot;sans-serif&quot;"><span style="font-size:14.0pt"><span style="font-family:&quot;Arial&quot;,&quot;sans-serif&quot;">&ldquo;They neither accept it nor reject it,&rdquo; rued the Rimal brothers.</span></span></span></span></p>

<p><span style="font-size:11pt"><span style="font-family:Calibri,&quot;sans-serif&quot;"><span style="font-size:14.0pt"><span style="font-family:&quot;Arial&quot;,&quot;sans-serif&quot;">The voting machine manufactured in Nepal has already been certified at the international level. The digital certificate issued by the Certification Office of the Government of Nepal has also confirmed that the software of the machine is safe.</span></span></span></span></p>

<p><span style="font-size:11pt"><span style="font-family:Calibri,&quot;sans-serif&quot;"><span style="font-size:14.0pt"><span style="font-family:&quot;Arial&quot;,&quot;sans-serif&quot;">Ram Lakshman also clarified that they are not looking for profit. They say that if the government produces the machine, they are ready to provide all kind of support and let them use it without royalty.</span></span></span></span></p>

<p><span style="font-size:11pt"><span style="font-family:Calibri,&quot;sans-serif&quot;"><strong>&nbsp;</strong></span></span></p>

<p><span style="font-size:11pt"><span style="font-family:Calibri,&quot;sans-serif&quot;"><strong>&nbsp;</strong></span></span></p>

<p><span style="font-size:11pt"><span style="font-family:Calibri,&quot;sans-serif&quot;"><strong>&nbsp;</strong></span></span></p>

<p><span style="font-size:11pt"><span style="font-family:Calibri,&quot;sans-serif&quot;"><strong>&nbsp;</strong></span></span></p>

<p>&nbsp;</p>

<p>&nbsp;</p>
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	(int) 7 => array(
		'Article' => array(
			'id' => '15808',
			'article_category_id' => '1',
			'title' => 'Half a Dozen GI Wire Industries Shut Down',
			'sub_title' => '',
			'summary' => 'August 17: Six galvanized iron (GI) wire industries in the Sunsari-Morang industrial corridor have been shut down due to the unfair tax rates imposed by the government.',
			'content' => '<p><span style="font-size:11pt"><span style="font-family:Calibri,&quot;sans-serif&quot;"><span style="font-size:14.0pt"><span style="font-family:&quot;Arial&quot;,&quot;sans-serif&quot;">August 17: Six galvanized iron (GI) wire industries in the Sunsari-Morang industrial corridor have been shut down due to the unfair tax rates imposed by the government. </span></span></span></span></p>

<p><span style="font-size:11pt"><span style="font-family:Calibri,&quot;sans-serif&quot;"><span style="font-size:14.0pt"><span style="font-family:&quot;Arial&quot;,&quot;sans-serif&quot;">Finance Minister Janardan Sharma had assured to correct the unequal tax rates but failed to keep his words. As a result, around 1,500 workers have become unemployed due to the faulty decision of the government.</span></span></span></span></p>

<p><span style="font-size:11pt"><span style="font-family:Calibri,&quot;sans-serif&quot;"><span style="font-size:14.0pt"><span style="font-family:&quot;Arial&quot;,&quot;sans-serif&quot;">According to the industrialists, Hulas Wire, Aarti Wire, Arihant Wire Industry, Kamala Wire, Premier Wire and Pioneer Wire Pvt. Ltd. of Sunsari-Morang Industrial Corridor have been closed.</span></span></span></span></p>

<p><span style="font-size:11pt"><span style="font-family:Calibri,&quot;sans-serif&quot;"><span style="font-size:14.0pt"><span style="font-family:&quot;Arial&quot;,&quot;sans-serif&quot;">Pawan Sharda, director of Premier Steel and member of the Constituent Assembly, said that the government is not ready to correct the unequal tax rates. It shows that the government is not in favor of the industry. </span></span></span></span></p>

<p><span style="font-size:11pt"><span style="font-family:Calibri,&quot;sans-serif&quot;"><span style="font-size:14.0pt"><span style="font-family:&quot;Arial&quot;,&quot;sans-serif&quot;">&ldquo;The government does not want jobs to be created in the country. Otherwise why could the promise made by the minister not be fulfilled on time and the industry had to be closed today?&rdquo; he questioned.</span></span></span></span></p>

<p><span style="font-size:11pt"><span style="font-family:Calibri,&quot;sans-serif&quot;"><span style="font-size:14.0pt"><span style="font-family:&quot;Arial&quot;,&quot;sans-serif&quot;">Sharda said that the industries have posted notices informing about their closure and the labor office has been informed about it. He added that the wrong policy of the government resulted in unemployment of 1,500 people. He claimed that the industries will incur monthly loss of Rs 1 million to Rs 1.5 million even if the industries remain closed. Sharda says that even if the government fixes the tax rate and tells them to start the industry, it will take 2 months to reopen the industries.</span></span></span></span></p>

<p><span style="font-size:11pt"><span style="font-family:Calibri,&quot;sans-serif&quot;"><span style="font-size:14.0pt"><span style="font-family:&quot;Arial&quot;,&quot;sans-serif&quot;">Through the budget announced for the current fiscal year, Finance Minister Sharma had increased the customs duty on mild steel (MS) wire rod, the raw material required for this industry from 5 to 10 percent. Excise duty was changed from Rs 2.50 to Rs 4.50 per kg. India also started levying a 15 percent duty on the export of MS wire to protect its industry.</span></span></span></span></p>

<p><span style="font-size:11pt"><span style="font-family:Calibri,&quot;sans-serif&quot;"><span style="font-size:14.0pt"><span style="font-family:&quot;Arial&quot;,&quot;sans-serif&quot;">Anil Sharda, general secretary of Chamber of Industries, Morang and owner of Pioneer Wire said that they had to pay 29.5 percent of import duty in total after adding India&#39;s export duty along with Nepal&#39;s import duty and excise duty on the import of MS wire. </span></span></span></span></p>

<p><span style="font-size:11pt"><span style="font-family:Calibri,&quot;sans-serif&quot;"><span style="font-size:14.0pt"><span style="font-family:&quot;Arial&quot;,&quot;sans-serif&quot;">On the other hand, GI wire produced from the same MS wire rod can be imported from India by paying 16 percent revenue under the SAFTA facility.</span></span></span></span></p>

<p><span style="font-size:11pt"><span style="font-family:Calibri,&quot;sans-serif&quot;"><span style="font-size:14.0pt"><span style="font-family:&quot;Arial&quot;,&quot;sans-serif&quot;">Suysha Raj Pyakurel, president of the chamber, said that GI wire export dropped from 22,740 metric tons in the year 2018/19 to 672 tons in the year 2021/22 due to the additional excise duty imposed by the government.</span></span></span></span></p>

<p><span style="font-size:11pt"><span style="font-family:Calibri,&quot;sans-serif&quot;"><span style="font-size:14.0pt"><span style="font-family:&quot;Arial&quot;,&quot;sans-serif&quot;">According to Payakurel, after Sharma was reinstated as the Finance Minister, he had given verbal assurance to remove the unequal tax rates soon.</span></span></span></span></p>

<p><span style="font-size:11pt"><span style="font-family:Calibri,&quot;sans-serif&quot;"><span style="font-size:14.0pt"><span style="font-family:&quot;Arial&quot;,&quot;sans-serif&quot;">Naveen Rijal, president of the Morang Merchants Association, said that six large wire industries and 40 small industries dependent on them closed due to failure to fulfill the assurance given by Finance Minister Sharma. Yukti Golchha, owner and managing director of Hulas Wire said that the factory producing 150 tons of GI wire per day has been closed as well.</span></span></span></span></p>

<p>&nbsp;</p>
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			'image' => '20220817040716_Chamber of industries morang new.jpg',
			'article_date' => '2022-08-17 16:06:38',
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	(int) 8 => array(
		'Article' => array(
			'id' => '15807',
			'article_category_id' => '1',
			'title' => 'Average Consumer Price Inflation Stands at 6.32 Percent during Last Fiscal Year',
			'sub_title' => '',
			'summary' => 'August 17: The year-on-year consumer price inflation stood at 8.08 percent in mid-July 2022 compared to 4.19 percent a year ago. ',
			'content' => '<p><span style="font-size:18px">August 17: The year-on-year consumer price inflation stood at 8.08 percent in mid-July 2022 compared to 4.19 percent a year ago. According to Nepal Rastra Bank, global rise in fuel and food prices, supply chain disruptions and devaluation of Nepalese currency with US dollar contributed to build up inflationary pressures during the second half of Fiscal Year 2021/22.<br />
However, due to low level of inflation during initial months, the annual average consumer price inflation remained at 6.32 percent during the last fiscal year compared to 3.60 percent in FY 2020/2021, states the Current Macroeconomic and Financial Situation Report released by the central bank on Tuesday.&nbsp;<br />
According to the report, the prices of ghee and oil, pulses and legumes, tobacco products and alcoholic drinks sub-categories rose by 26.13 percent, 9.92 percent, 9.84 percent and 8.57 percent respectively on annual basis under the Food and Beverage category.&nbsp;<br />
Likewise, under the non-food and services category, the prices of transportation, education, furnishing and household equipment and recreation and culture sub-categories rose by 15.82 percent, 8.78 percent, 7.09 percent and 6.68 percent respectively on annual basis.&nbsp;<br />
The annual average food and beverage inflation stood at 5.69 percent in FY 2021/22 compared to 5.00 percent a year ago. The y-o-y food and beverage inflation stood at 6.89 percent in mid-July 2022 compared to 5.81 percent a year ago.&nbsp;<br />
Similarly, &nbsp;the annual average non-food and services inflation stood at 6.83 percent in FY 2021/22 compared to 2.51 percent a year ago. The y-o-y non-food and services inflation stood at 9.03 percent in mid-July 2022 compared to 2.94 percent a year ago.&nbsp;</span></p>
',
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			'description' => '',
			'sortorder' => '15548',
			'image' => '20220817013642_Inflation.jpg',
			'article_date' => '2022-08-17 13:35:32',
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	(int) 9 => array(
		'Article' => array(
			'id' => '15805',
			'article_category_id' => '1',
			'title' => 'Service Sector to Contribute 61 Percent to Economic Growth in FY 2021/22',
			'sub_title' => '',
			'summary' => 'August 17: The Central Bureau of Statistics (CBS) has estimated economic growth of 5.84 percent for the Fiscal Year 2021/22. ',
			'content' => '<p><span style="font-size:18px"><span style="font-family:Calibri,&quot;sans-serif&quot;">August 17: The Central Bureau of Statistics (CBS) has estimated economic growth of 5.84 percent for the Fiscal Year 2021/22. Agriculture, industry and service sectors are estimated to grow 2.30 percent, 10.19 percent and 5.93 percent respectively, according to the latest report released by Nepal Rastra Bank.</span></span></p>

<p><span style="font-size:18px"><span style="font-family:Calibri,&quot;sans-serif&quot;">The Current Macroeconomic and Financial Situation Report released by the central bank on Tuesday states that the share of agriculture, industry and service sectors in GDP in FY 2021/22 stands at 23.95 percent, 14.29 percent and 61.76 percent respectively.</span></span></p>

<p><span style="font-size:18px"><span style="font-family:Calibri,&quot;sans-serif&quot;">According to the report, gross domestic saving to GDP stands at 9.27 percent in FY 2021/22. The ratio of gross fixed capital formation and gross national saving to GDP stands at 29.37 percent and 31.95 percent respectively. </span></span></p>

<p><span style="font-size:18px"><span style="font-family:Calibri,&quot;sans-serif&quot;">Likewise, the installed capacity of electricity increased to 2189.6 Megawatt during the review year, which consists of 2075.4 Megawatts of hydro electricity, 54.8 Megawatts of solar electricity, 6.0 Megawatts of cogeneration and 53.4 Megawatts of thermal electricity.</span></span></p>

<p><span style="font-size:18px"><span style="font-family:Calibri,&quot;sans-serif&quot;">The total number of tourist arrivals increased significantly to 3,70,906 in FY 2021/22, which was 70,123 in the previous fiscal year, the report added.</span></span></p>
',
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			'image' => '20220817123841_economic-growth.jpg',
			'article_date' => '2022-08-17 12:37:52',
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	(int) 10 => array(
		'Article' => array(
			'id' => '15804',
			'article_category_id' => '1',
			'title' => 'Central Bank Toughens Measures on Foreign Currency Exchange   ',
			'sub_title' => '',
			'summary' => 'August 17: Nepal Rastra Bank (NRB) has tightened the facility provided for foreign currency exchange for import and export of goods. ',
			'content' => '<p><span style="font-size:18px"><span style="font-family:Calibri,&quot;sans-serif&quot;">August 17: Nepal Rastra Bank (NRB) has tightened the facility provided for foreign currency exchange for import and export of goods. The central bank made such arrangement in a bid to toughen its stance against trade-based money laundering that can be promoted through import and export, reads a notice issued by the central bank.&nbsp;&nbsp;&nbsp;&nbsp; </span></span></p>

<p><span style="font-size:18px"><span style="font-family:Calibri,&quot;sans-serif&quot;">Issuing an amended version of the Unified Directive on Tuesday, the central bank ordered the licensed banks and financial institutions (BFIs) to formulate necessary work procedure to discourage money laundering.&nbsp;&nbsp;&nbsp;&nbsp; </span></span></p>

<p><span style="font-size:18px"><span style="font-family:Calibri,&quot;sans-serif&quot;">The Unified Directive states that an internal mechanism will be created to deal with money laundering and the exchange facility can be provided if it is found realistic after comparative analysis between the prices of goods in the international market (proforma invoice).&nbsp;&nbsp;&nbsp;&nbsp; </span></span></p>

<p><span style="font-size:18px"><span style="font-family:Calibri,&quot;sans-serif&quot;">The central bank placed tough measures after the importers were found stating one thing in document and another in practice while importing goods and increasing transactions in foreign currency, the state-owned national news agency RSS reported.</span></span></p>

<p><span style="font-size:18px"><span style="font-family:Calibri,&quot;sans-serif&quot;">Meanwhile, the central bank through the Unified Directive has also increased the daily limit of remittance inflow into the country through authorized companies. </span></span></p>

<p><span style="font-size:18px"><span style="font-family:Calibri,&quot;sans-serif&quot;">As per the new provision, registered companies can deposit remittance up to Rs 1.5 million in the bank accounts of the beneficiary on a daily basis. Prior to this, the maximum limit of remittance inflow was Rs 1 million per day.</span></span></p>

<p><span style="font-size:18px"><span style="font-family:Calibri,&quot;sans-serif&quot;">The central bank has also instructed the remittance companies to keep records of the personal details of the people sending and receiving money as per the rules.</span></span></p>

<p><span style="font-size:18px"><span style="font-family:Calibri,&quot;sans-serif&quot;">&nbsp;&nbsp;&nbsp;&nbsp; </span></span></p>

<p>&nbsp;</p>
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	(int) 11 => array(
		'Article' => array(
			'id' => '15806',
			'article_category_id' => '1',
			'title' => 'New Business Age to Award Best Business Schools Today',
			'sub_title' => '',
			'summary' => 'August 17: New Business Age Pvt Ltd is organizing the sixth edition of the Newbiz B-Schools Ratings, Ranking and Awards today.',
			'content' => '<p><span style="font-size:12pt"><span style="font-family:&quot;Times New Roman&quot;,&quot;serif&quot;"><span style="font-size:14.0pt"><span style="font-family:&quot;Arial&quot;,&quot;sans-serif&quot;">August 17: New Business Age Pvt Ltd is organizing the sixth edition of the Newbiz B-Schools Ratings, Ranking and Awards today.</span></span></span></span></p>

<p><span style="font-size:12pt"><span style="font-family:&quot;Times New Roman&quot;,&quot;serif&quot;"><span style="font-size:14.0pt"><span style="font-family:&quot;Arial&quot;,&quot;sans-serif&quot;">According to the organizers, the best colleges will be awarded in four different categories from among more than 2,300 business schools across the country.</span></span></span></span></p>

<p><span style="font-size:12pt"><span style="font-family:&quot;Times New Roman&quot;,&quot;serif&quot;"><span style="font-size:14.0pt"><span style="font-family:&quot;Arial&quot;,&quot;sans-serif&quot;">A total of 16 colleges will be awarded in four different categories during the award distribution ceremony to be held at 4 pm today afternoon (August 17). The organizers informed that three best colleges for MBA/MBS, three each for BBA/BBS, three best colleges for BHM and one college from each of the seven provinces will be honored during the event.</span></span></span></span></p>

<p><span style="font-size:12pt"><span style="font-family:&quot;Times New Roman&quot;,&quot;serif&quot;"><span style="font-size:14.0pt"><span style="font-family:&quot;Arial&quot;,&quot;sans-serif&quot;">Among them, one best college in the first three categories will be given trophies and certificates, while certificates will be distributed to the second and third-position holders.</span></span></span></span></p>

<p><span style="font-size:12pt"><span style="font-family:&quot;Times New Roman&quot;,&quot;serif&quot;"><span style="font-size:14.0pt"><span style="font-family:&quot;Arial&quot;,&quot;sans-serif&quot;">Similarly, certificates will be given to the best colleges in each province.</span></span></span></span></p>

<p><span style="font-size:12pt"><span style="font-family:&quot;Times New Roman&quot;,&quot;serif&quot;"><span style="font-size:14.0pt"><span style="font-family:&quot;Arial&quot;,&quot;sans-serif&quot;">A panel discussion among experts on the topic of &#39;Future of Management Education&#39; is also scheduled during the programme.</span></span></span></span></p>

<p><span style="font-size:12pt"><span style="font-family:&quot;Times New Roman&quot;,&quot;serif&quot;"><span style="font-size:14.0pt"><span style="font-family:&quot;Arial&quot;,&quot;sans-serif&quot;">An independent jury consisting of experts from various fields have selected the best school after phase-wise evaluation. According to the jury, 602 out of 2,300 schools were shortlisted based on the website of the schools.</span></span></span></span></p>

<p><span style="font-size:12pt"><span style="font-family:&quot;Times New Roman&quot;,&quot;serif&quot;"><span style="font-size:14.0pt"><span style="font-family:&quot;Arial&quot;,&quot;sans-serif&quot;">Around 300 schools were selected in the second stage based on the school&#39;s mission, vision and slogan. A total of 57 schools were selected in the third round on the basis of five years of operation.</span></span></span></span></p>

<p><span style="font-size:12pt"><span style="font-family:&quot;Times New Roman&quot;,&quot;serif&quot;"><span style="font-size:14.0pt"><span style="font-family:&quot;Arial&quot;,&quot;sans-serif&quot;">According to the jury, quality and standard, educational infrastructure, quality of academic activities, student-led activities, entrepreneurship promotion programme, relationship with real professional organizations, and employment opportunities were taken into consideration while selecting the school for the awards.</span></span></span></span></p>

<p><span style="font-size:12pt"><span style="font-family:&quot;Times New Roman&quot;,&quot;serif&quot;"><span style="font-size:14.0pt"><span style="font-family:&quot;Arial&quot;,&quot;sans-serif&quot;">The main sponsor of the program is Prabhu Bank Limited, while Yamaha, Mahalaxmi Bikas Bank Ltd, Tata Nexon, Everest Bank, Hama Steel, United Insurance, DishHome Fiber Net and Nepali Patro are the co-sponsors of the event.</span></span></span></span></p>

<p>&nbsp;</p>
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	(int) 12 => array(
		'Article' => array(
			'id' => '15803',
			'article_category_id' => '1',
			'title' => 'Biratnagar High Court Orders not to Open the Seals put on Betel Nuts by Indian Customs',
			'sub_title' => '',
			'summary' => 'August 16: Biratnagar High Court has ordered the concerned bodies not to open the seal placed by the Indian customs on the truck carrying betel nuts that was impounded by the police on suspicion of carrying illegal goods ',
			'content' => '<p><span style="font-size:11pt"><span style="font-family:Calibri,&quot;sans-serif&quot;"><span style="font-family:&quot;Arial&quot;,&quot;sans-serif&quot;">August 16: Biratnagar High Court has ordered the concerned bodies not to open the seal placed by the Indian customs on the truck carrying betel nuts that was impounded by the police on suspicion of carrying illegal goods and handed over to the Revenue Investigation Office, Itahari.&nbsp; The court has also ordered to bring both parties together for discussion on Tuesday (today).</span></span></span></p>

<p><span style="font-size:11pt"><span style="font-family:Calibri,&quot;sans-serif&quot;"><span style="font-family:&quot;Arial&quot;,&quot;sans-serif&quot;">The&nbsp;Indian customs had checked and sealed the betel nuts carrying vehicle which being to India using the route of Nepal but was arrested by the police and handed over to the revenue investigation office.</span></span></span></p>

<p><span style="font-size:11pt"><span style="font-family:Calibri,&quot;sans-serif&quot;"><span style="font-family:&quot;Arial&quot;,&quot;sans-serif&quot;">The high court issued the order in response to a case filed by Navin Ghimire, the owner of exporter company Mankamana Traders.</span></span></span></p>

<p><span style="font-size:11pt"><span style="font-family:Calibri,&quot;sans-serif&quot;"><span style="font-family:&quot;Arial&quot;,&quot;sans-serif&quot;">Morang police seized the betel nuts on July 20 and handed it over to the Revenue Investigation Office, Itahari July 23.&nbsp; Ghimire, the exporter, filed a writ in the High Court last Thursday, against the District Police Office Morang, Customs Department, Customs Office Biratnagar and Revenue Investigation Office Itahari.</span></span></span></p>

<p><span style="font-size:11pt"><span style="font-family:Calibri,&quot;sans-serif&quot;"><span style="font-family:&quot;Arial&quot;,&quot;sans-serif&quot;">A single bench of High Court Judge Milan Kumar Rai issued the order which says, &ldquo;Considering that an interim order has also been requested in this matter, as it seems appropriate to reach a proper conclusion by bringing together both parties for discussion on 2079/04/31.</span></span></span></p>

<p><span style="font-size:11pt"><span style="font-family:Calibri,&quot;sans-serif&quot;"><span style="font-family:&quot;Arial&quot;,&quot;sans-serif&quot;">The bench also ordered not to remove the seals issued by the Jogbani Customs Office, India on the eight trucks until another decision.</span></span></span></p>

<p><span style="font-size:11pt"><span style="font-family:Calibri,&quot;sans-serif&quot;"><span style="font-family:&quot;Arial&quot;,&quot;sans-serif&quot;">Senior advocate Ramesh Koirala and another advocate Dilliram Ghimire had argued on behalf of Manakamana Traders.&nbsp; Director General of Revenue Investigation Department Jhalakram Adhikari is saying that he and his office cannot open the seals imposed by Indian Customs.&nbsp; The betel nut destined for export has been on the premises of Revenue Research Office Itahari since July 23.</span></span></span></p>

<p>&nbsp;</p>
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	(int) 13 => array(
		'Article' => array(
			'id' => '15802',
			'article_category_id' => '1',
			'title' => 'Girl Students Attracted towards Technical Education in Myagdi',
			'sub_title' => '',
			'summary' => 'August 16: Students from 12 districts have arrived at Shree Kisani Agriculture Technical School in Malika Rural Municipality-7 of Myagdi to study agricultural subjects.',
			'content' => '<p><span style="font-size:11pt"><span style="font-family:Calibri,&quot;sans-serif&quot;"><span style="font-size:14.0pt"><span style="font-family:&quot;Arial&quot;,&quot;sans-serif&quot;">August 16: Students from 12 districts have arrived at Shree Kisani Agriculture Technical School in Malika Rural Municipality-7 of Myagdi to study agricultural subjects. The technical education school, which was established in 2011, has produced more than 500 agricultural technicians in 11 years. In addition, the school also said that it has made a significant achievement in the physical infrastructure recently.</span></span></span></span></p>

<p><span style="font-size:11pt"><span style="font-family:Calibri,&quot;sans-serif&quot;"><span style="font-size:14.0pt"><span style="font-family:&quot;Arial&quot;,&quot;sans-serif&quot;">Karan Kandel, coordinator of the school said that students are taught using the latest information and technology tools in addition to practical education by taking them to farmers&#39; fields and cattle sheds.</span></span></span></span></p>

<p><span style="font-size:11pt"><span style="font-family:Calibri,&quot;sans-serif&quot;"><span style="font-size:14.0pt"><span style="font-family:&quot;Arial&quot;,&quot;sans-serif&quot;">The statistics of the technical schools shows that there are more female students than male students. After receiving affiliation from CTEVT in 2011, the school is conducting courses for JTA of 18 months, ISc (AG) of three years (since 2017) and veterinary (medicine or treatment of animal diseases) since 2019.</span></span></span></span></p>

<p><span style="font-size:11pt"><span style="font-family:Calibri,&quot;sans-serif&quot;"><span style="font-size:14.0pt"><span style="font-family:&quot;Arial&quot;,&quot;sans-serif&quot;">Currently students from Surkhet, Jumla, Humla, Mugu, Kailali, Chitwan, Kaski, Baglung, Myagdi and other districts have come to study in the school.</span></span></span></span></p>

<p><span style="font-size:11pt"><span style="font-family:Calibri,&quot;sans-serif&quot;"><span style="font-size:14.0pt"><span style="font-family:&quot;Arial&quot;,&quot;sans-serif&quot;">According to coordinator Kandel, currently 141 students from different districts are studying in the school including 90 female students and 51 male students. Among the students, 141 students are studying agriculture and animal science including 51 pursuing diploma in agriculture, 60 seeking diploma in livestock and 30 undergoing pre-diploma. Coordinator Kandel informed that the number of students is increasing because they can get quality education with residential facilities for just Rs 5,000 per month.</span></span></span></span></p>

<p>&nbsp;</p>
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	(int) 14 => array(
		'Article' => array(
			'id' => '15801',
			'article_category_id' => '1',
			'title' => 'MCA Nepal to Spend Rs 8.5 Billion on MCC Project this Year',
			'sub_title' => '',
			'summary' => 'August 16: The Millennium Challenge Account (MCA) Nepal is preparing to spend more than Rs 8.5 billion on electricity and road infrastructures under the Millennium Challenge Corporation (MCC)',
			'content' => '<p><span style="font-size:11pt"><span style="font-family:Calibri,&quot;sans-serif&quot;"><span style="font-size:14.0pt"><span style="font-family:&quot;Arial&quot;,&quot;sans-serif&quot;">August 16: The Millennium Challenge Account (MCA) Nepal is preparing to spend more than Rs 8.5 billion on electricity and road infrastructures under the Millennium Challenge Corporation (MCC) funded by the US government in the current fiscal year (FY 2022/23).</span></span></span></span></p>

<p><span style="font-size:11pt"><span style="font-family:Calibri,&quot;sans-serif&quot;"><span style="font-size:14.0pt"><span style="font-family:&quot;Arial&quot;,&quot;sans-serif&quot;">According to MCA Nepal, Rs 7.57 billion will be spent on the road maintenance project and Rs 1.7 billion on the power transmission line project. The budget allocated for the projects under the MCC for the current year is Rs 9.27 billion. Out of the allocated budget, Rs 8.91 billion will be in the form of US grant. </span></span></span></span></p>

<p><span style="font-size:11pt"><span style="font-family:Calibri,&quot;sans-serif&quot;"><span style="font-size:14.0pt"><span style="font-family:&quot;Arial&quot;,&quot;sans-serif&quot;">According to the Ministry of Finance, the Government of Nepal will contribute Rs 365.6 million from its own sources for those project this year. Most of the amount allocated for this project will be spent for capital expenditure.</span></span></span></span></p>

<p><span style="font-size:11pt"><span style="font-family:Calibri,&quot;sans-serif&quot;"><span style="font-size:14.0pt"><span style="font-family:&quot;Arial&quot;,&quot;sans-serif&quot;">The MCC&#39;s goal is to construct a 315 km long 400 kV power transmission line and three 400 kV substations and to repair and expand 77 km of roads using new technology. To achieve this goal, the project is being implemented this year after it was endorsed by the parliament during the last fiscal year.</span></span></span></span></p>

<p><span style="font-size:11pt"><span style="font-family:Calibri,&quot;sans-serif&quot;"><span style="font-size:14.0pt"><span style="font-family:&quot;Arial&quot;,&quot;sans-serif&quot;">According to MCA Nepal, it will build a high voltage grid which is currently lacking in Nepal. The transmission line will pass through 18 rural municipalities, 11 municipalities and one sub-metropolitan city in Kathmandu, Sindhupalchok, Nuwakot, Dhading, Chitwan, Makwanpur, Tanahun, Palpa, Nawalpur and Parasi in three provinces - Bagmati, Gandaki and Lumbini.</span></span></span></span></p>

<p><span style="font-size:11pt"><span style="font-family:Calibri,&quot;sans-serif&quot;"><span style="font-size:14.0pt"><span style="font-family:&quot;Arial&quot;,&quot;sans-serif&quot;">Three new 400 kV indoor gas substations are being built for the power transmission line project. Ratmate substation will be constructed in Belkotgarhi Municipality of Nuwakot district, Damauli substation in Damauli of Tanahun district and Butwal substation in Bhumhi of Parasi district. In addition to these three substations, the transmission line under MCC will also be connected to Lapsiphedi and Nepal Electricity Authority&#39;s new Hetauda substation.</span></span></span></span></p>

<p><span style="font-size:11pt"><span style="font-family:Calibri,&quot;sans-serif&quot;"><span style="font-size:14.0pt"><span style="font-family:&quot;Arial&quot;,&quot;sans-serif&quot;">MCA Nepal&rsquo;s Executive Director Khadga Bahadur Bista said that the process of land acquisition, approval for cutting down trees, environmental impact assessment (EIA), preparation for tender documents, and the tender process are currently underway in order to start the construction of these projects.</span></span></span></span></p>

<p><span style="font-size:11pt"><span style="font-family:Calibri,&quot;sans-serif&quot;"><strong>&nbsp;</strong></span></span></p>

<p><span style="font-size:11pt"><span style="font-family:Calibri,&quot;sans-serif&quot;"><span style="font-size:14.0pt"><span style="font-family:&quot;Arial&quot;,&quot;sans-serif&quot;">According to Bista, the MCC will be spending money on the road maintenance project to improve the quality of Nepal&#39;s strategic road network. The project will serve as an example to allocate budget for periodic maintenance of the country&#39;s strategic road network. For that purpose, a matching fund of USD 52.22 million has been allocated.</span></span></span></span></p>

<p><span style="font-size:11pt"><span style="font-family:Calibri,&quot;sans-serif&quot;"><span style="font-size:14.0pt"><span style="font-family:&quot;Arial&quot;,&quot;sans-serif&quot;">According to MCA Nepal, under the road maintenance project, around 77 kilometres of road will be upgraded using state-of-the-art technology.</span></span></span></span></p>

<p><span style="font-size:11pt"><span style="font-family:Calibri,&quot;sans-serif&quot;"><span style="font-size:14.0pt"><span style="font-family:&quot;Arial&quot;,&quot;sans-serif&quot;">Under the project, 40 kilometres from Dhankhola to Lamhi and 37 kilometres from Lamhi to Shivkhola will be renovated.</span></span></span></span></p>

<p>&nbsp;</p>
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			'title' => '7.8 Percent Population at Risk of Severe Food Crisis in Nepal despite Sufficient Reserve   ',
			'sub_title' => '',
			'summary' => 'August 18: Data show that the country has sufficient food reserve, but food imbalance due to disproportionate production and distribution poses a threat to food security in Nepal with 7.8 percent population at risk of severe food crisis.  ',
			'content' => '<p><span style="font-size:18px"><span style="font-family:Calibri,&quot;sans-serif&quot;"><span style="font-family:&quot;Arial Unicode MS&quot;,&quot;sans-serif&quot;">August 18: Data show that the country has sufficient food reserve, but food imbalance due to disproportionate production and distribution poses a threat to food security in Nepal with 7.8 percent population at risk of severe food crisis.&nbsp;&nbsp;&nbsp;&nbsp; </span><br />
<span style="font-family:&quot;Arial Unicode MS&quot;,&quot;sans-serif&quot;">Minister for Agriculture and Livestock Development Mrigendra Singh Yadav said the existing food reserve is sufficient to meet the average daily food requirements for Nepalis, but still the risk of food insecurity prevails.&nbsp;&nbsp;&nbsp;&nbsp; </span><br />
<span style="font-family:&quot;Arial Unicode MS&quot;,&quot;sans-serif&quot;">He was presenting the fact during a seminar entitled &#39;Food Security in Nepal&#39; jointly organised by the National Security Council and the Nepalese Army.&nbsp;&nbsp;&nbsp;&nbsp; </span><br />
<span style="font-family:&quot;Arial Unicode MS&quot;,&quot;sans-serif&quot;">According to him, food intake habits and culture, people&#39;s unequal access to food, food inaccessibility, lack of quality food, natural disasters and consequences, impact of climate change, artificial food shortage, COVID-19 and fluctuations of food prices in the national and international markets have posed uncertainty in the domestic food supply chain.&nbsp;&nbsp;&nbsp;&nbsp; </span><br />
<span style="font-family:&quot;Arial Unicode MS&quot;,&quot;sans-serif&quot;">Likewise, an exodus of youth force from the agricultural activities, pesticides attacks on crops and the increasing size of uncultivated land are additional challenges for keeping food security intact.&nbsp;&nbsp;&nbsp;&nbsp; </span><br />
<span style="font-family:&quot;Arial Unicode MS&quot;,&quot;sans-serif&quot;">According to the World Food Summit 1996, food security exists when all people, at all times, have physical, social and economic access to sufficient, safe and nutritious food that meets their dietary needs and food preferences for an active and healthy life.&nbsp;&nbsp;&nbsp;&nbsp; </span><br />
<span style="font-family:&quot;Arial Unicode MS&quot;,&quot;sans-serif&quot;">The World Bank defines the situation when the calorie intake remains under 1,800 per day per person as severe food insecurity and according to the WB definition, 7.8 percent of total population face a greater risk of severe food insecurity in Nepal.&nbsp;&nbsp;&nbsp;&nbsp; </span><br />
<span style="font-family:&quot;Arial Unicode MS&quot;,&quot;sans-serif&quot;">An adult with normal health condition requires an intake of 2,200 calorie each day for an active life and the calorie consumption mainly depends on the availability of food.&nbsp;&nbsp;&nbsp;&nbsp; </span><br />
<span style="font-family:&quot;Arial Unicode MS&quot;,&quot;sans-serif&quot;">The 15th five-year plan in Nepal states that 21 percent population in Nepal has still no access to sufficient food. It says that only 48.2 percent of the households are basically food secure.&nbsp;&nbsp;&nbsp;&nbsp; </span><br />
<span style="font-family:&quot;Arial Unicode MS&quot;,&quot;sans-serif&quot;">The government data show that during the last fiscal year (2021/22), the food production in the country was 369 kilos per person and it was estimated to be 257 kilos after deducting seeds, preservation for animal feed and the loss during post-harvest stage.&nbsp;&nbsp;&nbsp;&nbsp; </span><br />
<span style="font-family:&quot;Arial Unicode MS&quot;,&quot;sans-serif&quot;">The figure suggests the food production is enough to meet the daily minimum food requirements of the people.&nbsp;&nbsp;&nbsp;&nbsp; </span><br />
<span style="font-family:&quot;Arial Unicode MS&quot;,&quot;sans-serif&quot;">During the review year, the annual food production in the country was 10. 77 million &nbsp;metric tonnes and it was around 7,530,000 metric tonnes after deducing the seeds, livestock preservation and post-harvest stage loss.&nbsp;&nbsp;&nbsp;&nbsp; </span><br />
<span style="font-family:&quot;Arial Unicode MS&quot;,&quot;sans-serif&quot;">The report says that Nepal needs around 5. 86 million metric tonnes of processed food to meet the food requirements of its population.&nbsp;&nbsp;&nbsp;&nbsp; </span><br />
<span style="font-family:&quot;Arial Unicode MS&quot;,&quot;sans-serif&quot;">On the occasion, the minister said, &quot;The data about the availability of the food shows the quantity of food reserve is approximately 1,663,000 metric tons. Despite the food reserve at the national level, at the household level, around 21 still face the situation forcing them to limit their daily calorie intake below the requirements.&rdquo;</span></span></span></p>

<p><span style="font-size:18px"><span style="font-family:Calibri,&quot;sans-serif&quot;"><span style="font-family:&quot;Arial Unicode MS&quot;,&quot;sans-serif&quot;">According to the minister, &nbsp;imbalanced production and distribution is likely to push around 20 districts at the risk of food insecurity.&nbsp;&nbsp;&nbsp;&nbsp; </span><br />
<span style="font-family:&quot;Arial Unicode MS&quot;,&quot;sans-serif&quot;">The time analysis of the past one decade shows that food reserve in the nation is good, except in the year 2015 that witnessed the major earthquake.&nbsp;&nbsp;&nbsp;&nbsp; </span><br />
<span style="font-family:&quot;Arial Unicode MS&quot;,&quot;sans-serif&quot;">The import of large quantity of rice on the other hand is unexpected. The Annual Household Survey Report, 2017 prepared by the Central Bureau of Statistics shows that the consumption of fine grain rice is on increasing trend. Domestic production of rice has not been able to meet the growing demand. However, opposed to this a large quantity of production of other cereals is being consumed. </span></span></span></p>

<p><span style="font-size:18px"><span style="font-family:Calibri,&quot;sans-serif&quot;"><span style="font-family:&quot;Arial Unicode MS&quot;,&quot;sans-serif&quot;">In terms of food and nutritional security, the contribution of crops like millet and buckwheat has still not come in the mainstream.&nbsp;&nbsp;&nbsp;&nbsp; </span><br />
<span style="font-family:&quot;Arial Unicode MS&quot;,&quot;sans-serif&quot;">Seventy-seven percent of the daily total calorie requirement of a person should be supplied through plant-based food and materials while the rest should be supplied through animals, birds and fish. But the daily calorie requirement is not according to this, the Ministry of Agriculture and Livestock Development said. It is said 87 percent of the calorie requirement per person is derived from plant-based materials and the rest is derived from milk, dairy products, meat and egg.&nbsp;&nbsp;&nbsp;&nbsp; </span><br />
<span style="font-family:&quot;Arial Unicode MS&quot;,&quot;sans-serif&quot;">Minister Yadav said that the statistics shows that from the production point of view, the country is self-sufficient on fish, meat and egg while it is close to this in milk. He reiterated that the ministry is giving special stress on food security in terms of increasing the production and supply of animal-based food for nutritional security.&nbsp;&nbsp;&nbsp;&nbsp; </span><br />
<span style="font-family:&quot;Arial Unicode MS&quot;,&quot;sans-serif&quot;">It is necessary to put in extra investment for expanding the irrigation facility, the availability of improved varieties of seeds and breeds and modernization as well as commercialization of agriculture for production growth.&nbsp;&nbsp;&nbsp;&nbsp; </span><br />
<span style="font-family:&quot;Arial Unicode MS&quot;,&quot;sans-serif&quot;">Also required is collaboration among the three tiers of the government, NGOs, private organisations and development partners for research, technology expansion and infrastructure development to face the challenges seen in the food and nutrition security, Minister Yadav pointed out.&nbsp;&nbsp;&nbsp;&nbsp; </span><br />
<span style="font-family:&quot;Arial Unicode MS&quot;,&quot;sans-serif&quot;">Defence Secretary and the National Security Council Secretariat coordinator Kiran Raj Sharma said this is the first seminar of its kind on contemporary topic. Stating that the issue of food security is not only linked to human security but is also directly linked to overall development, he said this programme has been organised in this light.&nbsp;&nbsp;&nbsp;&nbsp; </span><br />
<span style="font-family:&quot;Arial Unicode MS&quot;,&quot;sans-serif&quot;">The World Food Summit organized in 1974 had acknowledged that food is the basic requirement and stressed on maintaining a balance regarding its quantity, price and supply. The World Food Summit held in 1996 in Rome stated that it can be considered the status of food security has been achieved only if every person has physical and economic access to healthy and nutritious food as per his/her requirement.&nbsp;&nbsp;&nbsp;&nbsp; </span><br />
<span style="font-family:&quot;Arial Unicode MS&quot;,&quot;sans-serif&quot;">Secretary Sharma said it is regrettable that Nepal has not been able to produce the required quantity of food grain despite being predominantly an agrarian country. He added that a large number of populations in the country are deprived of food security due to the sustenance and traditional agriculture system, disparity in the availability and distribution of agricultural land, the complications related to the structure of cultivable land and over-dependence on import in agriculture.&nbsp;&nbsp;&nbsp;&nbsp; </span><br />
<span style="font-family:&quot;Arial Unicode MS&quot;,&quot;sans-serif&quot;">Sixty percent of the country&#39;s population is dependent on agriculture while its contribution to GDP is 32 percent. Statistics show that there is shortage of 600,000 metric tonnes of food grain in Nepal annually.&nbsp;&nbsp;&nbsp;&nbsp; </span><br />
<span style="font-family:&quot;Arial Unicode MS&quot;,&quot;sans-serif&quot;">Experts have come to the conclusion that food security in Nepal is also affected due to factors like COVID-19 pandemic, the Russia-Ukraine war and its adverse impact on the supply of food grains and fuel and the change in the policy of import and export of food grains adopted by various countries in the aftermath of the Russia-Ukraine conflict, among others. -- RSS&nbsp;&nbsp;&nbsp;&nbsp; </span></span></span><br />
&nbsp;</p>
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			'id' => '15814',
			'article_category_id' => '1',
			'title' => 'SSF Contributors can get Special Credit Facility through Mobile App   ',
			'sub_title' => '',
			'summary' => 'August 18: Contributors to the Social Security Fund (SSF) can now avail different types of loan facilities through their mobile application.  ',
			'content' => '<p><span style="font-size:18px"><span style="font-family:Calibri,&quot;sans-serif&quot;"><span style="font-family:&quot;Arial Unicode MS&quot;,&quot;sans-serif&quot;">August 18: Contributors to the Social Security Fund (SSF) can now avail different types of loan facilities through their mobile application.&nbsp;&nbsp;&nbsp;&nbsp; </span><br />
<span style="font-family:&quot;Arial Unicode MS&quot;,&quot;sans-serif&quot;">The fund launched the app that allows the contributors to get special credit, housing loan, educational loan and social loan using the app.&nbsp;&nbsp;&nbsp;&nbsp; </span><br />
<span style="font-family:&quot;Arial Unicode MS&quot;,&quot;sans-serif&quot;">Labour Minister Sher Bahadur Kunwar launched the contributor special credit and mobile app during a programme organised at the Ministry of Labour, Employment and Social Security on Wednesday (August 17).</span><br />
<span style="font-family:&quot;Arial Unicode MS&quot;,&quot;sans-serif&quot;">On the occasion, contributors Binay Kumar Mahato and Pawan Babu Pradhan received the amount of special credit and amount of retirement service through the mobile app.&nbsp;&nbsp;&nbsp;&nbsp; </span><br />
<span style="font-family:&quot;Arial Unicode MS&quot;,&quot;sans-serif&quot;">The contributors who have been regularly contributing to the fund from mid-July 2019 can get special credit and other loan from the fund. As per the Contributors Credit Guidelines-2079, a contributor contributing to the fund continuously for three years can get such credit and loans.&nbsp;&nbsp;&nbsp;&nbsp; Around 700 contributors have now become eligible to get such facilities. Altogether 352,924 contributors are enrolled in the fund so far. A total of Rs 22.08 million have been deposited in the fund so far. The fund had started collecting such amount from Shrawan, 2076 BS (mid-July 2019). There is a provision that a contributor enrolled in the fund has to deposit 11 per cent of amount of his/her basic remuneration and the employer has to contribute 20 per cent monthly.&nbsp;&nbsp;&nbsp;&nbsp; </span><br />
<span style="font-family:&quot;Arial Unicode MS&quot;,&quot;sans-serif&quot;">Minister Kunwar directed the fund to make its service technology-friendly and urged to widen the social security coverage. -- RSS&nbsp;&nbsp; </span></span></span></p>
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			'title' => 'KUSOM, KCM and NATHM Declared Best B-school for 2022',
			'sub_title' => '16 colleges awarded under four categories during “6th Newbiz B-Schools Ratings, Ranking and Awards 2022”',
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			'content' => '<p><span style="font-size:18px"><span style="font-family:Calibri,&quot;sans-serif&quot;"><span style="font-family:&quot;Arial&quot;,&quot;sans-serif&quot;">August 17:&nbsp;Kathmandu University School of Management (KUSOM) has bagged the &ldquo;Best B-school of Nepal - MBA/MBS&rdquo; award while&nbsp;Kathmandu College of Management (KCM) and Nepal Academy of&nbsp;Tourism and Hotel Management (NATHM) have won the &ldquo;Best B-school of Nepal &ndash; BBA/BBA&rdquo; and &ldquo;Best B-school of Nepal &ndash; BHM&rdquo; awards respectively.&nbsp;</span></span></span></p>

<p><span style="font-size:18px"><span style="font-family:Calibri,&quot;sans-serif&quot;"><span style="font-family:&quot;Arial&quot;,&quot;sans-serif&quot;">They were announced winners of the sixth edition of the &ldquo;Newbiz B-School Ratings, Ranking and Awards&rdquo; amid a grand ceremony held in Kathmandu on Wednesday. Prabhu Bank is the main sponsor of the event organized by New Business Age Pvt Ltd.&nbsp;&nbsp;</span></span></span></p>

<p><span style="font-size:18px"><span style="font-family:Calibri,&quot;sans-serif&quot;"><span style="font-family:&quot;Arial&quot;,&quot;sans-serif&quot;">Yamaha, Tata Nexon, Mahalaxmi Bikas Bank Ltd, Everest Bank Ltd, Hama Steel, United Insurance, Nepali Patro, Dish Home FiberNet are other partners of the event.&nbsp;</span></span></span></p>

<p><span style="font-size:18px"><span style="font-family:Calibri,&quot;sans-serif&quot;"><span style="font-family:&quot;Arial&quot;,&quot;sans-serif&quot;">Along with the best three business schools, a total of 16 colleges were awarded in four different categories.&nbsp;&nbsp;</span></span></span></p>

<p><span style="font-size:18px"><span style="font-family:Calibri,&quot;sans-serif&quot;"><span style="font-family:&quot;Arial&quot;,&quot;sans-serif&quot;">The best three colleges under MBA/MBS, BBA/BBS and BHM categories were awarded trophies and certificates while the second and third best colleges received certificates.&nbsp;</span></span></span></p>

<p><span style="font-size:18px"><span style="font-family:Calibri,&quot;sans-serif&quot;"><span style="font-family:&quot;Arial&quot;,&quot;sans-serif&quot;">One best college from each of the seven provinces were also felicitated during the event.</span></span></span></p>

<p><span style="font-size:18px"><span style="font-family:Calibri,&quot;sans-serif&quot;"><span style="font-family:&quot;Arial&quot;,&quot;sans-serif&quot;">An independent jury consisting of experts from various fields had selected the best business schools after phase-wise evaluation, according to the organizer. A total of 602 out of 2,300 schools were shortlisted based on the website of the schools. Around 300 schools were selected in the second stage based on the schools&rsquo; mission, vision and slogan. A total of 87 schools were selected in the third round on the basis of five years of operation. Among them, 16 were awarded during the event.&nbsp;</span></span></span></p>

<p><span style="font-size:18px"><span style="font-family:Calibri,&quot;sans-serif&quot;"><span style="font-family:&quot;Arial&quot;,&quot;sans-serif&quot;">The organizer said that the annual event aims to honor business schools that have been consistently producing prospective future managers of the country.</span></span></span></p>

<p><span style="font-size:18px"><span style="font-family:Calibri,&quot;sans-serif&quot;"><span style="font-family:&quot;Arial&quot;,&quot;sans-serif&quot;">Presidential Business School was announced the &ldquo;2nd Best School of Nepal-MBA/MBS&#39;&#39; while The British College won the award of &lsquo;3rd Best B-school of Nepal-MBA/MBS&rsquo;.&nbsp;&nbsp;</span></span></span></p>

<p><span style="font-size:18px"><span style="font-family:Calibri,&quot;sans-serif&quot;"><span style="font-family:&quot;Arial&quot;,&quot;sans-serif&quot;">Toward the BBA/BBS category, Uniglobe College and Shanker Dev Campus were announced second and third best B-schools respectively for 2022.</span></span></span></p>

<p><span style="font-size:18px"><span style="font-family:Calibri,&quot;sans-serif&quot;"><span style="font-family:&quot;Arial&quot;,&quot;sans-serif&quot;">Silver Mountain School of Hotel Management was declared the &ldquo;2nd Best B-school of Nepal&rdquo; whereas Global Academy of Tourism and Hospitality was adjudged the &ldquo;3rd Best B-school of Nepal &ndash; BHM&rdquo;.</span></span></span></p>

<p><span style="font-size:18px"><span style="font-family:Calibri,&quot;sans-serif&quot;"><span style="font-family:&quot;Arial&quot;,&quot;sans-serif&quot;">According to the jury, the quality and standard, educational infrastructure, quality of academic activities, student-led activities, entrepreneurship promotion programme, relationship with real professional organizations, and employment opportunities were taken into consideration while selecting the schools for the awards.</span></span></span></p>

<p><span style="font-size:18px"><span style="font-family:Calibri,&quot;sans-serif&quot;"><span style="font-family:&quot;Arial&quot;,&quot;sans-serif&quot;">Prior to the award ceremony, a panel discussion on &ldquo;Future of Business Education&rdquo; was also organised during the event where education sector leaders highlighted the role of business schools in producing business executives and other human capital required for the country. Professor Dilli Raj Sharma, dean of the Faculty of Management at Tribhuvan University, Management Educator Professor Dr Mahendra Prasad Shrestha and Silver Mountain School of Hotel Management&rsquo;s Co-Founder Rachana Thapa were the panelists of the discussion moderated by Sabin Joshi, managing director of RB Advisory and Ednopsis Holding.&nbsp;</span></span></span></p>

<p><span style="font-size:18px"><span style="font-family:Calibri,&quot;sans-serif&quot;">&nbsp;</span></span></p>

<p><span style="font-size:18px"><span style="font-family:Calibri,&quot;sans-serif&quot;"><strong><span style="font-family:&quot;Arial&quot;,&quot;sans-serif&quot;">Seven colleges from each province felicitated</span></strong></span></span></p>

<p><span style="font-size:18px"><span style="font-family:Calibri,&quot;sans-serif&quot;"><span style="font-family:&quot;Arial&quot;,&quot;sans-serif&quot;">During the event, one college from each of the seven provinces was felicitated with the best B-school of the province award.</span></span></span></p>

<p><span style="font-size:18px"><span style="font-family:Calibri,&quot;sans-serif&quot;"><span style="font-family:&quot;Arial&quot;,&quot;sans-serif&quot;">Kailali Multiple Campus of Dhangadhi was declared the best business school of Sudur Paschim Province. Likewise, Sahara Campus won the award of the &ldquo;Best Business School &#39;&#39; of Karnali Province.</span></span></span></p>

<p><span style="font-size:18px"><span style="font-family:Calibri,&quot;sans-serif&quot;"><span style="font-family:&quot;Arial&quot;,&quot;sans-serif&quot;">In Lumbini, it was Lumbini Banijya Campus that was handed with the &ldquo;Best B School&rsquo; award. Novel Academy of Pokhara clinched the award of the &ldquo;Best B School &#39;&#39; in Gandaki Province while &ldquo;Special Recognition B School &#39;&#39; was provided to Presidency College of Management Sciences of Bharatpur in Bagamati Province.</span></span></span></p>

<p><span style="font-size:18px"><span style="font-family:Calibri,&quot;sans-serif&quot;"><span style="font-family:&quot;Arial&quot;,&quot;sans-serif&quot;">Birgunj Public College of Birgunj was honored with the &ldquo;Best B School&rdquo; in Madhesh Province while Damak Multiple Campus won the award of &nbsp;the &ldquo;Best B School&rdquo; of Province 1.&nbsp;&nbsp;</span></span></span></p>

<p><br />
&nbsp;</p>
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	(int) 3 => array(
		'Article' => array(
			'id' => '15811',
			'article_category_id' => '1',
			'title' => 'Education Experts Emphasize on Enhancing Connection between Business Schools and Industries',
			'sub_title' => 'Education sector leaders discuss ways to retain management students in the country',
			'summary' => 'August 17: Education sector leaders have underlined the need to enhance the connection between business schools and domestic industries to retain students in the country.',
			'content' => '<p><span style="font-size:18px"><span style="font-family:Calibri,&quot;sans-serif&quot;">August 17: Education sector leaders have underlined the need to enhance the connection between business schools and domestic industries to retain students in the country.</span></span></p>

<p><span style="font-size:18px"><span style="font-family:Calibri,&quot;sans-serif&quot;">Speaking at a panel discussion on &ldquo;Future of Business Education&rdquo; during 6th Newbiz B School Ratings, Ranking and Awards 2022, they said that retaining students produced by business schools of Nepal has become a major challenge faced by management education in Nepal.</span></span></p>

<p><span style="font-size:18px"><span style="font-family:Calibri,&quot;sans-serif&quot;">&ldquo;The question is not about quality, but it&rsquo;s about retention. The domestic business sector is not able to offer the competitive compensation packages that attract the human capital produced in the country,&rdquo; said Professor Dilli Raj Sharma, dean of the Faculty of Management at Tribhuvan University.&nbsp; </span></span></p>

<p><span style="font-size:18px"><span style="font-family:Calibri,&quot;sans-serif&quot;">&ldquo;There is a need for a strong tie-up between educational institutions and business groups,&rdquo; he said.</span></span></p>

<p><span style="font-size:18px"><span style="font-family:Calibri,&quot;sans-serif&quot;">Rachana Thapa, co-founder of Silver Mountain School of Hotel Management, said that the emphasis should be on research-based and student-centric education system.</span></span></p>

<p><span style="font-size:18px"><span style="font-family:Calibri,&quot;sans-serif&quot;">&ldquo;The world is a global village. People see opportunities abroad. You cannot stop them from exploring the world,&rdquo; she said. </span></span></p>

<p><span style="font-size:18px"><span style="font-family:Calibri,&quot;sans-serif&quot;">&ldquo;How to retain these people in the country? That answer is: invest in your quality and curriculum.&nbsp; Go back and revisit them. The world is changing. What was good 20 or 5 years ago may not be relevant right now,&rdquo; she said.</span></span></p>

<p><span style="font-size:18px"><span style="font-family:Calibri,&quot;sans-serif&quot;">Prof Dr Mahendra Prasad Shrestha, a management educator, called for a paradigm shift in the education system to produce good managers.</span></span></p>

<p><span style="font-size:18px"><span style="font-family:Calibri,&quot;sans-serif&quot;">&ldquo;There is no interface between the business schools and the real businesses. What sort of skills do businesses need? It is a big challenge to identify their needs and produce students that they can absorb,&rdquo; said Prof Dr Shrestha.</span></span></p>

<p><span style="font-size:18px"><span style="font-family:Calibri,&quot;sans-serif&quot;">Sabin Joshi, managing director of RB Advisory and Ednopsis Holding, said that the focus should be on improving employability rather than the education system.</span></span></p>

<p><span style="font-size:18px"><span style="font-family:Calibri,&quot;sans-serif&quot;">&ldquo;Things are changing fast and we have to change accordingly,&rdquo; he said.</span></span></p>

<p><span style="font-size:18px"><span style="font-family:Calibri,&quot;sans-serif&quot;">During the discussion, all panelists agreed that the quality of Nepal&rsquo;s business schools is up to the mark.</span></span></p>

<p><span style="font-size:18px"><span style="font-family:Calibri,&quot;sans-serif&quot;">&ldquo;Some people say that the quality of Nepal&rsquo;s business schools is not good. I partly agree to that, not fully. We have produced successful managers like Kulman Ghising and many CEOs in the banking sector who are the products of Nepal&rsquo;s business schools,&rdquo; said Management Educator Prof Dr Shrestha.</span></span></p>

<p><span style="font-size:18px"><span style="font-family:Calibri,&quot;sans-serif&quot;">TU&rsquo;s Faculty of Management&rsquo;s Dean Prof Sharma insisted that Nepal&rsquo;s curriculum and educational programmes meet international standards.</span></span></p>

<p><span style="font-size:18px"><span style="font-family:Calibri,&quot;sans-serif&quot;">&ldquo;All programmes that we are running are sellable. We are developing courses including hotel management by consulting with respective business sectors,&rdquo; he added.</span></span></p>

<p><span style="font-size:18px"><span style="font-family:Calibri,&quot;sans-serif&quot;">&nbsp;</span></span></p>

<p><span style="font-size:18px"><span style="font-family:Calibri,&quot;sans-serif&quot;">&nbsp;</span></span></p>

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<p>&nbsp;</p>
',
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			'created' => '2022-08-17',
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			'description' => '',
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	(int) 4 => array(
		'Article' => array(
			'id' => '15813',
			'article_category_id' => '1',
			'title' => 'Nepal Heading in the Right Direction, Claims NPC Vice Chair Poudel ',
			'sub_title' => '',
			'summary' => 'August 17: Dr Biswo Nath Poudel, vice-chairman of the National Planning Commission, has said that the country is heading in the right direction, albeit slowly. ',
			'content' => '<p><span style="font-size:18px"><span style="font-family:&quot;Times New Roman&quot;,&quot;serif&quot;">August 17:&nbsp;Dr Biswo Nath Poudel, vice-chairman of the National Planning Commission, has said that the country is heading in the right direction, albeit slowly.&nbsp;</span></span></p>

<p><span style="font-size:18px"><span style="font-family:&quot;Times New Roman&quot;,&quot;serif&quot;">&ldquo;The growth, the governing principles and demographic resilience are heading towards the right direction. We are making progress in various sectors. The pace may not be satisfactory, but there is progress in various key sectors,&rdquo; said Dr Poudel, adding, &ldquo;I urge the education sector to make its contribution toward this progress.&rdquo; </span></span></p>

<p><span style="font-size:18px"><span style="font-family:&quot;Times New Roman&quot;,&quot;serif&quot;">Dr Poudel made such remarks while speaking at the &ldquo;6th Newbiz B School Ratings, Ranking and Awards 2022&rdquo;.</span></span></p>

<p><span style="font-size:18px"><span style="font-family:&quot;Times New Roman&quot;,&quot;serif&quot;">Krishna Prasad Adhikari, vice president of the Confederation of Nepalese Industries (CNI), said that the situation of the country will not improve if there is no practical and quality education that guarantees the bright future for the students. </span></span></p>

<p><span style="font-size:18px"><span style="font-family:&quot;Times New Roman&quot;,&quot;serif&quot;">&ldquo;We have not been able to embrace technology in our schools and colleges,&rdquo; said Adhikari. &ldquo;Until the education sector is not changed, we cannot imagine a change in any other sector,&rdquo; he said.&nbsp;</span></span></p>

<p><span style="font-size:18px"><span style="font-family:&quot;Times New Roman&quot;,&quot;serif&quot;">Similarly, Ramesh Kumar Hamal, chairman of the Securities Board of Nepal (SEBON), said that the focus should be on attracting foreign students to study in Nepal&rsquo;s educational institutions.&nbsp;</span></span></p>

<p><span style="font-size:18px"><span style="font-family:&quot;Times New Roman&quot;,&quot;serif&quot;">&ldquo;Our Nepali students are leaving the country to study abroad or for various opportunities. If it&rsquo;s globalization, there should also be arrival of foreign students in Nepal to pursue their education,&rdquo; he said, calling for collective efforts toward that end.&nbsp;</span></span></p>

<p><span style="font-size:18px"><span style="font-family:&quot;Times New Roman&quot;,&quot;serif&quot;">Stating that the SEBON recently started issuing license to private equity and venture capital, he said that they could become a source of financing for those business students who want to become entrepreneurs and implement their business ideas.&nbsp;</span></span></p>

<p><span style="font-size:18px"><span style="font-family:&quot;Times New Roman&quot;,&quot;serif&quot;">&ldquo;We have started a process to issue license for private equity and venture capital. They provide capital and business knowledge to ideas or startups without any collateral. For business students, this can be a new opportunity,&rdquo; he added.&nbsp;</span></span></p>

<p><span style="font-size:18px"><span style="font-family:&quot;Times New Roman&quot;,&quot;serif&quot;">&nbsp;</span></span></p>

<p><span style="font-size:18px"><span style="font-family:&quot;Times New Roman&quot;,&quot;serif&quot;">&nbsp;</span></span></p>

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<p><span style="font-size:18px"><span style="font-family:&quot;Times New Roman&quot;,&quot;serif&quot;">&nbsp;</span></span></p>

<p>&nbsp;</p>
',
			'published' => true,
			'created' => '2022-08-17',
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			'keywords' => '',
			'description' => '',
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			'image' => '20220817064731_IMG-20220817-WA0013.jpg',
			'article_date' => '2022-08-17 18:46:35',
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	(int) 5 => array(
		'Article' => array(
			'id' => '15809',
			'article_category_id' => '1',
			'title' => 'Newbiz B-School Ratings, Ranking and Awards Kicks Off',
			'sub_title' => '',
			'summary' => 'August 17: The sixth edition of the Newbiz B-School Ratings, Ranking and Awards has kicked off amid a programme in the capital today.',
			'content' => '<p><span style="font-size:12pt"><span style="font-family:&quot;Times New Roman&quot;,&quot;serif&quot;"><span style="font-size:14.0pt"><span style="font-family:&quot;Arial&quot;,&quot;sans-serif&quot;">August 17: The sixth edition of the Newbiz B-School&nbsp;Ratings, Ranking and Awards has kicked off amid a programme in the capital today.</span></span></span></span></p>

<p><span style="font-size:12pt"><span style="font-family:&quot;Times New Roman&quot;,&quot;serif&quot;"><span style="font-size:14.0pt"><span style="font-family:&quot;Arial&quot;,&quot;sans-serif&quot;">Speaking at the inauguration of the awards ceremony, Madan Lamsal, editor-in-chief of New Business Age, said that the country must focus on quality education at a time when our economy is driven by remittance.</span></span></span></span></p>

<p><span style="font-size:12pt"><span style="font-family:&quot;Times New Roman&quot;,&quot;serif&quot;"><span style="font-size:14.0pt"><span style="font-family:&quot;Arial&quot;,&quot;sans-serif&quot;">&ldquo;We cannot sustain our economy driven by remittance. We need capable human resources which is possible through education,&rdquo; said Lamsal, adding, &ldquo;It is the government&rsquo;s responsibility to ensure quality education so that the students of Nepal do not have to go abroad for higher education.&rdquo;</span></span></span></span></p>

<p><span style="font-size:12pt"><span style="font-family:&quot;Times New Roman&quot;,&quot;serif&quot;"><span style="font-size:14.0pt"><span style="font-family:&quot;Arial&quot;,&quot;sans-serif&quot;">According to the organizers, the best colleges will be awarded in four different categories from among more than 2,300 business schools across the country.</span></span></span></span></p>

<p><span style="font-size:12pt"><span style="font-family:&quot;Times New Roman&quot;,&quot;serif&quot;"><span style="font-size:14.0pt"><span style="font-family:&quot;Arial&quot;,&quot;sans-serif&quot;">A total of 16 colleges will be awarded in four different categories during the award distribution ceremony that started at 4 pm today afternoon (August 17). The organizers informed that three best colleges for MBA/MBS, three each for BBA/BBS, three best colleges for BHM and one college from each of the seven provinces will be honored during the event.</span></span></span></span></p>

<p><span style="font-size:12pt"><span style="font-family:&quot;Times New Roman&quot;,&quot;serif&quot;"><span style="font-size:14.0pt"><span style="font-family:&quot;Arial&quot;,&quot;sans-serif&quot;">Among them, one best college in the first three categories will be given trophies and certificates, while certificates will be distributed to the second and third-position holders.</span></span></span></span></p>

<p><span style="font-size:12pt"><span style="font-family:&quot;Times New Roman&quot;,&quot;serif&quot;"><span style="font-size:14.0pt"><span style="font-family:&quot;Arial&quot;,&quot;sans-serif&quot;">Similarly, certificates will be given to the best colleges in each province.</span></span></span></span></p>

<p><span style="font-size:12pt"><span style="font-family:&quot;Times New Roman&quot;,&quot;serif&quot;"><span style="font-size:14.0pt"><span style="font-family:&quot;Arial&quot;,&quot;sans-serif&quot;">A panel discussion among experts on the topic of &#39;Future of Management Education&#39; is also scheduled during the programme.</span></span></span></span></p>

<p><span style="font-size:12pt"><span style="font-family:&quot;Times New Roman&quot;,&quot;serif&quot;"><span style="font-size:14.0pt"><span style="font-family:&quot;Arial&quot;,&quot;sans-serif&quot;">An independent jury consisting of experts from various fields have selected the best school after phase-wise evaluation. According to the jury, 602 out of 2,300 schools were shortlisted based on the website of the schools.</span></span></span></span></p>

<p><span style="font-size:12pt"><span style="font-family:&quot;Times New Roman&quot;,&quot;serif&quot;"><span style="font-size:14.0pt"><span style="font-family:&quot;Arial&quot;,&quot;sans-serif&quot;">Around 300 schools were selected in the second stage based on the school&#39;s mission, vision and slogan. A total of 57 schools were selected in the third round on the basis of five years of operation.</span></span></span></span></p>

<p><span style="font-size:12pt"><span style="font-family:&quot;Times New Roman&quot;,&quot;serif&quot;"><span style="font-size:14.0pt"><span style="font-family:&quot;Arial&quot;,&quot;sans-serif&quot;">According to the jury, quality and standard, educational infrastructure, quality of academic activities, student-led activities, entrepreneurship promotion programme, relationship with real professional organizations, and employment opportunities were taken into consideration while selecting the school for the awards.</span></span></span></span></p>

<p><span style="font-size:12pt"><span style="font-family:&quot;Times New Roman&quot;,&quot;serif&quot;"><span style="font-size:14.0pt"><span style="font-family:&quot;Arial&quot;,&quot;sans-serif&quot;">The main sponsor of the program is Prabhu Bank Limited, while Yamaha, Mahalaxmi Bikas Bank Ltd, Tata Nexon, Everest Bank, Hama Steel, United Insurance, DishHome Fiber Net and Nepali Patro are the co-sponsors of the event.</span></span></span></span></p>

<p>&nbsp;</p>
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	(int) 6 => array(
		'Article' => array(
			'id' => '15810',
			'article_category_id' => '1',
			'title' => 'Government not Supportive Towards Innovation and Entrepreneurship ',
			'sub_title' => '',
			'summary' => 'August 17: It has been a decade since Ram Prasad Rimal and his twin brother Lakshman Prasad developed an electronic voting machine in the country.',
			'content' => '<p><span style="font-size:11pt"><span style="font-family:Calibri,&quot;sans-serif&quot;"><span style="font-size:14.0pt"><span style="font-family:&quot;Arial&quot;,&quot;sans-serif&quot;">August 17: It has been a decade since Ram Prasad Rimal and his twin brother Lakshman Prasad developed an electronic voting machine in the country.</span></span></span></span></p>

<p><span style="font-size:11pt"><span style="font-family:Calibri,&quot;sans-serif&quot;"><span style="font-size:14.0pt"><span style="font-family:&quot;Arial&quot;,&quot;sans-serif&quot;">Three major elections have been held since they developed the machine including two local level elections and one for the House of Representatives and the Provincial Assembly.</span></span></span></span></p>

<p><span style="font-size:11pt"><span style="font-family:Calibri,&quot;sans-serif&quot;"><span style="font-size:14.0pt"><span style="font-family:&quot;Arial&quot;,&quot;sans-serif&quot;">However, instead of encouraging entrepreneurship and innovation through the use of domestic products, the government and the Election Commission have been neglecting technology to the detriment of those engaged in such work. </span></span></span></span></p>

<p><span style="font-size:11pt"><span style="font-family:Calibri,&quot;sans-serif&quot;"><span style="font-size:14.0pt"><span style="font-family:&quot;Arial&quot;,&quot;sans-serif&quot;">Both these bodies are planning to continue using ballot papers which have to be imported from abroad by spending millions of rupees.</span></span></span></span></p>

<p><span style="font-size:11pt"><span style="font-family:Calibri,&quot;sans-serif&quot;"><span style="font-size:14.0pt"><span style="font-family:&quot;Arial&quot;,&quot;sans-serif&quot;">There is no need to doubt the reliability of the machine developed by the twin brothers. Using the same voting machine, 100 internal elections of political parties including CPN-UML, RPP and other organizations have been completed flawlessly. In addition, engineering students who design and develop hardware and software for various types of machines have also used the same machine during the elections of student unions.</span></span></span></span></p>

<p><span style="font-size:11pt"><span style="font-family:Calibri,&quot;sans-serif&quot;"><span style="font-size:14.0pt"><span style="font-family:&quot;Arial&quot;,&quot;sans-serif&quot;">Ram Lakshman&#39;s machine was used during the voting of the last union election at Pulchowk Campus.</span></span></span></span></p>

<p><span style="font-size:11pt"><span style="font-family:Calibri,&quot;sans-serif&quot;"><span style="font-size:14.0pt"><span style="font-family:&quot;Arial&quot;,&quot;sans-serif&quot;">Elections of Nepal Chartered Accountants Association, Rotary Club, a prestigious organization of international level, etc. have also been completed with the voting machine prepared by Ram Lakshman&#39;s company Ram Lakshman Innovations Pvt Ltd.</span></span></span></span></p>

<p><span style="font-size:11pt"><span style="font-family:Calibri,&quot;sans-serif&quot;"><strong>&nbsp;</strong></span></span></p>

<p><span style="font-size:11pt"><span style="font-family:Calibri,&quot;sans-serif&quot;"><span style="font-size:14.0pt"><span style="font-family:&quot;Arial&quot;,&quot;sans-serif&quot;">According to them, the Election Commission during a demonstration had said it would be easier for them to accept the machine if was used in the voting of an organization. Then they started using the machine in the elections of various organizations.</span></span></span></span></p>

<p><span style="font-size:11pt"><span style="font-family:Calibri,&quot;sans-serif&quot;"><span style="font-size:14.0pt"><span style="font-family:&quot;Arial&quot;,&quot;sans-serif&quot;">Dozens of political parties and their sister organizations and other organizations successfully used the machine. Then they again went to the Election Commission but the commission is not yet ready to accept it.</span></span></span></span></p>

<p><span style="font-size:11pt"><span style="font-family:Calibri,&quot;sans-serif&quot;"><span style="font-size:14.0pt"><span style="font-family:&quot;Arial&quot;,&quot;sans-serif&quot;">&ldquo;They neither accept it nor reject it,&rdquo; rued the Rimal brothers.</span></span></span></span></p>

<p><span style="font-size:11pt"><span style="font-family:Calibri,&quot;sans-serif&quot;"><span style="font-size:14.0pt"><span style="font-family:&quot;Arial&quot;,&quot;sans-serif&quot;">The voting machine manufactured in Nepal has already been certified at the international level. The digital certificate issued by the Certification Office of the Government of Nepal has also confirmed that the software of the machine is safe.</span></span></span></span></p>

<p><span style="font-size:11pt"><span style="font-family:Calibri,&quot;sans-serif&quot;"><span style="font-size:14.0pt"><span style="font-family:&quot;Arial&quot;,&quot;sans-serif&quot;">Ram Lakshman also clarified that they are not looking for profit. They say that if the government produces the machine, they are ready to provide all kind of support and let them use it without royalty.</span></span></span></span></p>

<p><span style="font-size:11pt"><span style="font-family:Calibri,&quot;sans-serif&quot;"><strong>&nbsp;</strong></span></span></p>

<p><span style="font-size:11pt"><span style="font-family:Calibri,&quot;sans-serif&quot;"><strong>&nbsp;</strong></span></span></p>

<p><span style="font-size:11pt"><span style="font-family:Calibri,&quot;sans-serif&quot;"><strong>&nbsp;</strong></span></span></p>

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<p>&nbsp;</p>

<p>&nbsp;</p>
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	(int) 7 => array(
		'Article' => array(
			'id' => '15808',
			'article_category_id' => '1',
			'title' => 'Half a Dozen GI Wire Industries Shut Down',
			'sub_title' => '',
			'summary' => 'August 17: Six galvanized iron (GI) wire industries in the Sunsari-Morang industrial corridor have been shut down due to the unfair tax rates imposed by the government.',
			'content' => '<p><span style="font-size:11pt"><span style="font-family:Calibri,&quot;sans-serif&quot;"><span style="font-size:14.0pt"><span style="font-family:&quot;Arial&quot;,&quot;sans-serif&quot;">August 17: Six galvanized iron (GI) wire industries in the Sunsari-Morang industrial corridor have been shut down due to the unfair tax rates imposed by the government. </span></span></span></span></p>

<p><span style="font-size:11pt"><span style="font-family:Calibri,&quot;sans-serif&quot;"><span style="font-size:14.0pt"><span style="font-family:&quot;Arial&quot;,&quot;sans-serif&quot;">Finance Minister Janardan Sharma had assured to correct the unequal tax rates but failed to keep his words. As a result, around 1,500 workers have become unemployed due to the faulty decision of the government.</span></span></span></span></p>

<p><span style="font-size:11pt"><span style="font-family:Calibri,&quot;sans-serif&quot;"><span style="font-size:14.0pt"><span style="font-family:&quot;Arial&quot;,&quot;sans-serif&quot;">According to the industrialists, Hulas Wire, Aarti Wire, Arihant Wire Industry, Kamala Wire, Premier Wire and Pioneer Wire Pvt. Ltd. of Sunsari-Morang Industrial Corridor have been closed.</span></span></span></span></p>

<p><span style="font-size:11pt"><span style="font-family:Calibri,&quot;sans-serif&quot;"><span style="font-size:14.0pt"><span style="font-family:&quot;Arial&quot;,&quot;sans-serif&quot;">Pawan Sharda, director of Premier Steel and member of the Constituent Assembly, said that the government is not ready to correct the unequal tax rates. It shows that the government is not in favor of the industry. </span></span></span></span></p>

<p><span style="font-size:11pt"><span style="font-family:Calibri,&quot;sans-serif&quot;"><span style="font-size:14.0pt"><span style="font-family:&quot;Arial&quot;,&quot;sans-serif&quot;">&ldquo;The government does not want jobs to be created in the country. Otherwise why could the promise made by the minister not be fulfilled on time and the industry had to be closed today?&rdquo; he questioned.</span></span></span></span></p>

<p><span style="font-size:11pt"><span style="font-family:Calibri,&quot;sans-serif&quot;"><span style="font-size:14.0pt"><span style="font-family:&quot;Arial&quot;,&quot;sans-serif&quot;">Sharda said that the industries have posted notices informing about their closure and the labor office has been informed about it. He added that the wrong policy of the government resulted in unemployment of 1,500 people. He claimed that the industries will incur monthly loss of Rs 1 million to Rs 1.5 million even if the industries remain closed. Sharda says that even if the government fixes the tax rate and tells them to start the industry, it will take 2 months to reopen the industries.</span></span></span></span></p>

<p><span style="font-size:11pt"><span style="font-family:Calibri,&quot;sans-serif&quot;"><span style="font-size:14.0pt"><span style="font-family:&quot;Arial&quot;,&quot;sans-serif&quot;">Through the budget announced for the current fiscal year, Finance Minister Sharma had increased the customs duty on mild steel (MS) wire rod, the raw material required for this industry from 5 to 10 percent. Excise duty was changed from Rs 2.50 to Rs 4.50 per kg. India also started levying a 15 percent duty on the export of MS wire to protect its industry.</span></span></span></span></p>

<p><span style="font-size:11pt"><span style="font-family:Calibri,&quot;sans-serif&quot;"><span style="font-size:14.0pt"><span style="font-family:&quot;Arial&quot;,&quot;sans-serif&quot;">Anil Sharda, general secretary of Chamber of Industries, Morang and owner of Pioneer Wire said that they had to pay 29.5 percent of import duty in total after adding India&#39;s export duty along with Nepal&#39;s import duty and excise duty on the import of MS wire. </span></span></span></span></p>

<p><span style="font-size:11pt"><span style="font-family:Calibri,&quot;sans-serif&quot;"><span style="font-size:14.0pt"><span style="font-family:&quot;Arial&quot;,&quot;sans-serif&quot;">On the other hand, GI wire produced from the same MS wire rod can be imported from India by paying 16 percent revenue under the SAFTA facility.</span></span></span></span></p>

<p><span style="font-size:11pt"><span style="font-family:Calibri,&quot;sans-serif&quot;"><span style="font-size:14.0pt"><span style="font-family:&quot;Arial&quot;,&quot;sans-serif&quot;">Suysha Raj Pyakurel, president of the chamber, said that GI wire export dropped from 22,740 metric tons in the year 2018/19 to 672 tons in the year 2021/22 due to the additional excise duty imposed by the government.</span></span></span></span></p>

<p><span style="font-size:11pt"><span style="font-family:Calibri,&quot;sans-serif&quot;"><span style="font-size:14.0pt"><span style="font-family:&quot;Arial&quot;,&quot;sans-serif&quot;">According to Payakurel, after Sharma was reinstated as the Finance Minister, he had given verbal assurance to remove the unequal tax rates soon.</span></span></span></span></p>

<p><span style="font-size:11pt"><span style="font-family:Calibri,&quot;sans-serif&quot;"><span style="font-size:14.0pt"><span style="font-family:&quot;Arial&quot;,&quot;sans-serif&quot;">Naveen Rijal, president of the Morang Merchants Association, said that six large wire industries and 40 small industries dependent on them closed due to failure to fulfill the assurance given by Finance Minister Sharma. Yukti Golchha, owner and managing director of Hulas Wire said that the factory producing 150 tons of GI wire per day has been closed as well.</span></span></span></span></p>

<p>&nbsp;</p>
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	(int) 8 => array(
		'Article' => array(
			'id' => '15807',
			'article_category_id' => '1',
			'title' => 'Average Consumer Price Inflation Stands at 6.32 Percent during Last Fiscal Year',
			'sub_title' => '',
			'summary' => 'August 17: The year-on-year consumer price inflation stood at 8.08 percent in mid-July 2022 compared to 4.19 percent a year ago. ',
			'content' => '<p><span style="font-size:18px">August 17: The year-on-year consumer price inflation stood at 8.08 percent in mid-July 2022 compared to 4.19 percent a year ago. According to Nepal Rastra Bank, global rise in fuel and food prices, supply chain disruptions and devaluation of Nepalese currency with US dollar contributed to build up inflationary pressures during the second half of Fiscal Year 2021/22.<br />
However, due to low level of inflation during initial months, the annual average consumer price inflation remained at 6.32 percent during the last fiscal year compared to 3.60 percent in FY 2020/2021, states the Current Macroeconomic and Financial Situation Report released by the central bank on Tuesday.&nbsp;<br />
According to the report, the prices of ghee and oil, pulses and legumes, tobacco products and alcoholic drinks sub-categories rose by 26.13 percent, 9.92 percent, 9.84 percent and 8.57 percent respectively on annual basis under the Food and Beverage category.&nbsp;<br />
Likewise, under the non-food and services category, the prices of transportation, education, furnishing and household equipment and recreation and culture sub-categories rose by 15.82 percent, 8.78 percent, 7.09 percent and 6.68 percent respectively on annual basis.&nbsp;<br />
The annual average food and beverage inflation stood at 5.69 percent in FY 2021/22 compared to 5.00 percent a year ago. The y-o-y food and beverage inflation stood at 6.89 percent in mid-July 2022 compared to 5.81 percent a year ago.&nbsp;<br />
Similarly, &nbsp;the annual average non-food and services inflation stood at 6.83 percent in FY 2021/22 compared to 2.51 percent a year ago. The y-o-y non-food and services inflation stood at 9.03 percent in mid-July 2022 compared to 2.94 percent a year ago.&nbsp;</span></p>
',
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			'created' => '2022-08-17',
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			'keywords' => '',
			'description' => '',
			'sortorder' => '15548',
			'image' => '20220817013642_Inflation.jpg',
			'article_date' => '2022-08-17 13:35:32',
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	(int) 9 => array(
		'Article' => array(
			'id' => '15805',
			'article_category_id' => '1',
			'title' => 'Service Sector to Contribute 61 Percent to Economic Growth in FY 2021/22',
			'sub_title' => '',
			'summary' => 'August 17: The Central Bureau of Statistics (CBS) has estimated economic growth of 5.84 percent for the Fiscal Year 2021/22. ',
			'content' => '<p><span style="font-size:18px"><span style="font-family:Calibri,&quot;sans-serif&quot;">August 17: The Central Bureau of Statistics (CBS) has estimated economic growth of 5.84 percent for the Fiscal Year 2021/22. Agriculture, industry and service sectors are estimated to grow 2.30 percent, 10.19 percent and 5.93 percent respectively, according to the latest report released by Nepal Rastra Bank.</span></span></p>

<p><span style="font-size:18px"><span style="font-family:Calibri,&quot;sans-serif&quot;">The Current Macroeconomic and Financial Situation Report released by the central bank on Tuesday states that the share of agriculture, industry and service sectors in GDP in FY 2021/22 stands at 23.95 percent, 14.29 percent and 61.76 percent respectively.</span></span></p>

<p><span style="font-size:18px"><span style="font-family:Calibri,&quot;sans-serif&quot;">According to the report, gross domestic saving to GDP stands at 9.27 percent in FY 2021/22. The ratio of gross fixed capital formation and gross national saving to GDP stands at 29.37 percent and 31.95 percent respectively. </span></span></p>

<p><span style="font-size:18px"><span style="font-family:Calibri,&quot;sans-serif&quot;">Likewise, the installed capacity of electricity increased to 2189.6 Megawatt during the review year, which consists of 2075.4 Megawatts of hydro electricity, 54.8 Megawatts of solar electricity, 6.0 Megawatts of cogeneration and 53.4 Megawatts of thermal electricity.</span></span></p>

<p><span style="font-size:18px"><span style="font-family:Calibri,&quot;sans-serif&quot;">The total number of tourist arrivals increased significantly to 3,70,906 in FY 2021/22, which was 70,123 in the previous fiscal year, the report added.</span></span></p>
',
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			'description' => '',
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			'image' => '20220817123841_economic-growth.jpg',
			'article_date' => '2022-08-17 12:37:52',
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	(int) 10 => array(
		'Article' => array(
			'id' => '15804',
			'article_category_id' => '1',
			'title' => 'Central Bank Toughens Measures on Foreign Currency Exchange   ',
			'sub_title' => '',
			'summary' => 'August 17: Nepal Rastra Bank (NRB) has tightened the facility provided for foreign currency exchange for import and export of goods. ',
			'content' => '<p><span style="font-size:18px"><span style="font-family:Calibri,&quot;sans-serif&quot;">August 17: Nepal Rastra Bank (NRB) has tightened the facility provided for foreign currency exchange for import and export of goods. The central bank made such arrangement in a bid to toughen its stance against trade-based money laundering that can be promoted through import and export, reads a notice issued by the central bank.&nbsp;&nbsp;&nbsp;&nbsp; </span></span></p>

<p><span style="font-size:18px"><span style="font-family:Calibri,&quot;sans-serif&quot;">Issuing an amended version of the Unified Directive on Tuesday, the central bank ordered the licensed banks and financial institutions (BFIs) to formulate necessary work procedure to discourage money laundering.&nbsp;&nbsp;&nbsp;&nbsp; </span></span></p>

<p><span style="font-size:18px"><span style="font-family:Calibri,&quot;sans-serif&quot;">The Unified Directive states that an internal mechanism will be created to deal with money laundering and the exchange facility can be provided if it is found realistic after comparative analysis between the prices of goods in the international market (proforma invoice).&nbsp;&nbsp;&nbsp;&nbsp; </span></span></p>

<p><span style="font-size:18px"><span style="font-family:Calibri,&quot;sans-serif&quot;">The central bank placed tough measures after the importers were found stating one thing in document and another in practice while importing goods and increasing transactions in foreign currency, the state-owned national news agency RSS reported.</span></span></p>

<p><span style="font-size:18px"><span style="font-family:Calibri,&quot;sans-serif&quot;">Meanwhile, the central bank through the Unified Directive has also increased the daily limit of remittance inflow into the country through authorized companies. </span></span></p>

<p><span style="font-size:18px"><span style="font-family:Calibri,&quot;sans-serif&quot;">As per the new provision, registered companies can deposit remittance up to Rs 1.5 million in the bank accounts of the beneficiary on a daily basis. Prior to this, the maximum limit of remittance inflow was Rs 1 million per day.</span></span></p>

<p><span style="font-size:18px"><span style="font-family:Calibri,&quot;sans-serif&quot;">The central bank has also instructed the remittance companies to keep records of the personal details of the people sending and receiving money as per the rules.</span></span></p>

<p><span style="font-size:18px"><span style="font-family:Calibri,&quot;sans-serif&quot;">&nbsp;&nbsp;&nbsp;&nbsp; </span></span></p>

<p>&nbsp;</p>
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	(int) 11 => array(
		'Article' => array(
			'id' => '15806',
			'article_category_id' => '1',
			'title' => 'New Business Age to Award Best Business Schools Today',
			'sub_title' => '',
			'summary' => 'August 17: New Business Age Pvt Ltd is organizing the sixth edition of the Newbiz B-Schools Ratings, Ranking and Awards today.',
			'content' => '<p><span style="font-size:12pt"><span style="font-family:&quot;Times New Roman&quot;,&quot;serif&quot;"><span style="font-size:14.0pt"><span style="font-family:&quot;Arial&quot;,&quot;sans-serif&quot;">August 17: New Business Age Pvt Ltd is organizing the sixth edition of the Newbiz B-Schools Ratings, Ranking and Awards today.</span></span></span></span></p>

<p><span style="font-size:12pt"><span style="font-family:&quot;Times New Roman&quot;,&quot;serif&quot;"><span style="font-size:14.0pt"><span style="font-family:&quot;Arial&quot;,&quot;sans-serif&quot;">According to the organizers, the best colleges will be awarded in four different categories from among more than 2,300 business schools across the country.</span></span></span></span></p>

<p><span style="font-size:12pt"><span style="font-family:&quot;Times New Roman&quot;,&quot;serif&quot;"><span style="font-size:14.0pt"><span style="font-family:&quot;Arial&quot;,&quot;sans-serif&quot;">A total of 16 colleges will be awarded in four different categories during the award distribution ceremony to be held at 4 pm today afternoon (August 17). The organizers informed that three best colleges for MBA/MBS, three each for BBA/BBS, three best colleges for BHM and one college from each of the seven provinces will be honored during the event.</span></span></span></span></p>

<p><span style="font-size:12pt"><span style="font-family:&quot;Times New Roman&quot;,&quot;serif&quot;"><span style="font-size:14.0pt"><span style="font-family:&quot;Arial&quot;,&quot;sans-serif&quot;">Among them, one best college in the first three categories will be given trophies and certificates, while certificates will be distributed to the second and third-position holders.</span></span></span></span></p>

<p><span style="font-size:12pt"><span style="font-family:&quot;Times New Roman&quot;,&quot;serif&quot;"><span style="font-size:14.0pt"><span style="font-family:&quot;Arial&quot;,&quot;sans-serif&quot;">Similarly, certificates will be given to the best colleges in each province.</span></span></span></span></p>

<p><span style="font-size:12pt"><span style="font-family:&quot;Times New Roman&quot;,&quot;serif&quot;"><span style="font-size:14.0pt"><span style="font-family:&quot;Arial&quot;,&quot;sans-serif&quot;">A panel discussion among experts on the topic of &#39;Future of Management Education&#39; is also scheduled during the programme.</span></span></span></span></p>

<p><span style="font-size:12pt"><span style="font-family:&quot;Times New Roman&quot;,&quot;serif&quot;"><span style="font-size:14.0pt"><span style="font-family:&quot;Arial&quot;,&quot;sans-serif&quot;">An independent jury consisting of experts from various fields have selected the best school after phase-wise evaluation. According to the jury, 602 out of 2,300 schools were shortlisted based on the website of the schools.</span></span></span></span></p>

<p><span style="font-size:12pt"><span style="font-family:&quot;Times New Roman&quot;,&quot;serif&quot;"><span style="font-size:14.0pt"><span style="font-family:&quot;Arial&quot;,&quot;sans-serif&quot;">Around 300 schools were selected in the second stage based on the school&#39;s mission, vision and slogan. A total of 57 schools were selected in the third round on the basis of five years of operation.</span></span></span></span></p>

<p><span style="font-size:12pt"><span style="font-family:&quot;Times New Roman&quot;,&quot;serif&quot;"><span style="font-size:14.0pt"><span style="font-family:&quot;Arial&quot;,&quot;sans-serif&quot;">According to the jury, quality and standard, educational infrastructure, quality of academic activities, student-led activities, entrepreneurship promotion programme, relationship with real professional organizations, and employment opportunities were taken into consideration while selecting the school for the awards.</span></span></span></span></p>

<p><span style="font-size:12pt"><span style="font-family:&quot;Times New Roman&quot;,&quot;serif&quot;"><span style="font-size:14.0pt"><span style="font-family:&quot;Arial&quot;,&quot;sans-serif&quot;">The main sponsor of the program is Prabhu Bank Limited, while Yamaha, Mahalaxmi Bikas Bank Ltd, Tata Nexon, Everest Bank, Hama Steel, United Insurance, DishHome Fiber Net and Nepali Patro are the co-sponsors of the event.</span></span></span></span></p>

<p>&nbsp;</p>
',
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	(int) 12 => array(
		'Article' => array(
			'id' => '15803',
			'article_category_id' => '1',
			'title' => 'Biratnagar High Court Orders not to Open the Seals put on Betel Nuts by Indian Customs',
			'sub_title' => '',
			'summary' => 'August 16: Biratnagar High Court has ordered the concerned bodies not to open the seal placed by the Indian customs on the truck carrying betel nuts that was impounded by the police on suspicion of carrying illegal goods ',
			'content' => '<p><span style="font-size:11pt"><span style="font-family:Calibri,&quot;sans-serif&quot;"><span style="font-family:&quot;Arial&quot;,&quot;sans-serif&quot;">August 16: Biratnagar High Court has ordered the concerned bodies not to open the seal placed by the Indian customs on the truck carrying betel nuts that was impounded by the police on suspicion of carrying illegal goods and handed over to the Revenue Investigation Office, Itahari.&nbsp; The court has also ordered to bring both parties together for discussion on Tuesday (today).</span></span></span></p>

<p><span style="font-size:11pt"><span style="font-family:Calibri,&quot;sans-serif&quot;"><span style="font-family:&quot;Arial&quot;,&quot;sans-serif&quot;">The&nbsp;Indian customs had checked and sealed the betel nuts carrying vehicle which being to India using the route of Nepal but was arrested by the police and handed over to the revenue investigation office.</span></span></span></p>

<p><span style="font-size:11pt"><span style="font-family:Calibri,&quot;sans-serif&quot;"><span style="font-family:&quot;Arial&quot;,&quot;sans-serif&quot;">The high court issued the order in response to a case filed by Navin Ghimire, the owner of exporter company Mankamana Traders.</span></span></span></p>

<p><span style="font-size:11pt"><span style="font-family:Calibri,&quot;sans-serif&quot;"><span style="font-family:&quot;Arial&quot;,&quot;sans-serif&quot;">Morang police seized the betel nuts on July 20 and handed it over to the Revenue Investigation Office, Itahari July 23.&nbsp; Ghimire, the exporter, filed a writ in the High Court last Thursday, against the District Police Office Morang, Customs Department, Customs Office Biratnagar and Revenue Investigation Office Itahari.</span></span></span></p>

<p><span style="font-size:11pt"><span style="font-family:Calibri,&quot;sans-serif&quot;"><span style="font-family:&quot;Arial&quot;,&quot;sans-serif&quot;">A single bench of High Court Judge Milan Kumar Rai issued the order which says, &ldquo;Considering that an interim order has also been requested in this matter, as it seems appropriate to reach a proper conclusion by bringing together both parties for discussion on 2079/04/31.</span></span></span></p>

<p><span style="font-size:11pt"><span style="font-family:Calibri,&quot;sans-serif&quot;"><span style="font-family:&quot;Arial&quot;,&quot;sans-serif&quot;">The bench also ordered not to remove the seals issued by the Jogbani Customs Office, India on the eight trucks until another decision.</span></span></span></p>

<p><span style="font-size:11pt"><span style="font-family:Calibri,&quot;sans-serif&quot;"><span style="font-family:&quot;Arial&quot;,&quot;sans-serif&quot;">Senior advocate Ramesh Koirala and another advocate Dilliram Ghimire had argued on behalf of Manakamana Traders.&nbsp; Director General of Revenue Investigation Department Jhalakram Adhikari is saying that he and his office cannot open the seals imposed by Indian Customs.&nbsp; The betel nut destined for export has been on the premises of Revenue Research Office Itahari since July 23.</span></span></span></p>

<p>&nbsp;</p>
',
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	(int) 13 => array(
		'Article' => array(
			'id' => '15802',
			'article_category_id' => '1',
			'title' => 'Girl Students Attracted towards Technical Education in Myagdi',
			'sub_title' => '',
			'summary' => 'August 16: Students from 12 districts have arrived at Shree Kisani Agriculture Technical School in Malika Rural Municipality-7 of Myagdi to study agricultural subjects.',
			'content' => '<p><span style="font-size:11pt"><span style="font-family:Calibri,&quot;sans-serif&quot;"><span style="font-size:14.0pt"><span style="font-family:&quot;Arial&quot;,&quot;sans-serif&quot;">August 16: Students from 12 districts have arrived at Shree Kisani Agriculture Technical School in Malika Rural Municipality-7 of Myagdi to study agricultural subjects. The technical education school, which was established in 2011, has produced more than 500 agricultural technicians in 11 years. In addition, the school also said that it has made a significant achievement in the physical infrastructure recently.</span></span></span></span></p>

<p><span style="font-size:11pt"><span style="font-family:Calibri,&quot;sans-serif&quot;"><span style="font-size:14.0pt"><span style="font-family:&quot;Arial&quot;,&quot;sans-serif&quot;">Karan Kandel, coordinator of the school said that students are taught using the latest information and technology tools in addition to practical education by taking them to farmers&#39; fields and cattle sheds.</span></span></span></span></p>

<p><span style="font-size:11pt"><span style="font-family:Calibri,&quot;sans-serif&quot;"><span style="font-size:14.0pt"><span style="font-family:&quot;Arial&quot;,&quot;sans-serif&quot;">The statistics of the technical schools shows that there are more female students than male students. After receiving affiliation from CTEVT in 2011, the school is conducting courses for JTA of 18 months, ISc (AG) of three years (since 2017) and veterinary (medicine or treatment of animal diseases) since 2019.</span></span></span></span></p>

<p><span style="font-size:11pt"><span style="font-family:Calibri,&quot;sans-serif&quot;"><span style="font-size:14.0pt"><span style="font-family:&quot;Arial&quot;,&quot;sans-serif&quot;">Currently students from Surkhet, Jumla, Humla, Mugu, Kailali, Chitwan, Kaski, Baglung, Myagdi and other districts have come to study in the school.</span></span></span></span></p>

<p><span style="font-size:11pt"><span style="font-family:Calibri,&quot;sans-serif&quot;"><span style="font-size:14.0pt"><span style="font-family:&quot;Arial&quot;,&quot;sans-serif&quot;">According to coordinator Kandel, currently 141 students from different districts are studying in the school including 90 female students and 51 male students. Among the students, 141 students are studying agriculture and animal science including 51 pursuing diploma in agriculture, 60 seeking diploma in livestock and 30 undergoing pre-diploma. Coordinator Kandel informed that the number of students is increasing because they can get quality education with residential facilities for just Rs 5,000 per month.</span></span></span></span></p>

<p>&nbsp;</p>
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	(int) 14 => array(
		'Article' => array(
			'id' => '15801',
			'article_category_id' => '1',
			'title' => 'MCA Nepal to Spend Rs 8.5 Billion on MCC Project this Year',
			'sub_title' => '',
			'summary' => 'August 16: The Millennium Challenge Account (MCA) Nepal is preparing to spend more than Rs 8.5 billion on electricity and road infrastructures under the Millennium Challenge Corporation (MCC)',
			'content' => '<p><span style="font-size:11pt"><span style="font-family:Calibri,&quot;sans-serif&quot;"><span style="font-size:14.0pt"><span style="font-family:&quot;Arial&quot;,&quot;sans-serif&quot;">August 16: The Millennium Challenge Account (MCA) Nepal is preparing to spend more than Rs 8.5 billion on electricity and road infrastructures under the Millennium Challenge Corporation (MCC) funded by the US government in the current fiscal year (FY 2022/23).</span></span></span></span></p>

<p><span style="font-size:11pt"><span style="font-family:Calibri,&quot;sans-serif&quot;"><span style="font-size:14.0pt"><span style="font-family:&quot;Arial&quot;,&quot;sans-serif&quot;">According to MCA Nepal, Rs 7.57 billion will be spent on the road maintenance project and Rs 1.7 billion on the power transmission line project. The budget allocated for the projects under the MCC for the current year is Rs 9.27 billion. Out of the allocated budget, Rs 8.91 billion will be in the form of US grant. </span></span></span></span></p>

<p><span style="font-size:11pt"><span style="font-family:Calibri,&quot;sans-serif&quot;"><span style="font-size:14.0pt"><span style="font-family:&quot;Arial&quot;,&quot;sans-serif&quot;">According to the Ministry of Finance, the Government of Nepal will contribute Rs 365.6 million from its own sources for those project this year. Most of the amount allocated for this project will be spent for capital expenditure.</span></span></span></span></p>

<p><span style="font-size:11pt"><span style="font-family:Calibri,&quot;sans-serif&quot;"><span style="font-size:14.0pt"><span style="font-family:&quot;Arial&quot;,&quot;sans-serif&quot;">The MCC&#39;s goal is to construct a 315 km long 400 kV power transmission line and three 400 kV substations and to repair and expand 77 km of roads using new technology. To achieve this goal, the project is being implemented this year after it was endorsed by the parliament during the last fiscal year.</span></span></span></span></p>

<p><span style="font-size:11pt"><span style="font-family:Calibri,&quot;sans-serif&quot;"><span style="font-size:14.0pt"><span style="font-family:&quot;Arial&quot;,&quot;sans-serif&quot;">According to MCA Nepal, it will build a high voltage grid which is currently lacking in Nepal. The transmission line will pass through 18 rural municipalities, 11 municipalities and one sub-metropolitan city in Kathmandu, Sindhupalchok, Nuwakot, Dhading, Chitwan, Makwanpur, Tanahun, Palpa, Nawalpur and Parasi in three provinces - Bagmati, Gandaki and Lumbini.</span></span></span></span></p>

<p><span style="font-size:11pt"><span style="font-family:Calibri,&quot;sans-serif&quot;"><span style="font-size:14.0pt"><span style="font-family:&quot;Arial&quot;,&quot;sans-serif&quot;">Three new 400 kV indoor gas substations are being built for the power transmission line project. Ratmate substation will be constructed in Belkotgarhi Municipality of Nuwakot district, Damauli substation in Damauli of Tanahun district and Butwal substation in Bhumhi of Parasi district. In addition to these three substations, the transmission line under MCC will also be connected to Lapsiphedi and Nepal Electricity Authority&#39;s new Hetauda substation.</span></span></span></span></p>

<p><span style="font-size:11pt"><span style="font-family:Calibri,&quot;sans-serif&quot;"><span style="font-size:14.0pt"><span style="font-family:&quot;Arial&quot;,&quot;sans-serif&quot;">MCA Nepal&rsquo;s Executive Director Khadga Bahadur Bista said that the process of land acquisition, approval for cutting down trees, environmental impact assessment (EIA), preparation for tender documents, and the tender process are currently underway in order to start the construction of these projects.</span></span></span></span></p>

<p><span style="font-size:11pt"><span style="font-family:Calibri,&quot;sans-serif&quot;"><strong>&nbsp;</strong></span></span></p>

<p><span style="font-size:11pt"><span style="font-family:Calibri,&quot;sans-serif&quot;"><span style="font-size:14.0pt"><span style="font-family:&quot;Arial&quot;,&quot;sans-serif&quot;">According to Bista, the MCC will be spending money on the road maintenance project to improve the quality of Nepal&#39;s strategic road network. The project will serve as an example to allocate budget for periodic maintenance of the country&#39;s strategic road network. For that purpose, a matching fund of USD 52.22 million has been allocated.</span></span></span></span></p>

<p><span style="font-size:11pt"><span style="font-family:Calibri,&quot;sans-serif&quot;"><span style="font-size:14.0pt"><span style="font-family:&quot;Arial&quot;,&quot;sans-serif&quot;">According to MCA Nepal, under the road maintenance project, around 77 kilometres of road will be upgraded using state-of-the-art technology.</span></span></span></span></p>

<p><span style="font-size:11pt"><span style="font-family:Calibri,&quot;sans-serif&quot;"><span style="font-size:14.0pt"><span style="font-family:&quot;Arial&quot;,&quot;sans-serif&quot;">Under the project, 40 kilometres from Dhankhola to Lamhi and 37 kilometres from Lamhi to Shivkhola will be renovated.</span></span></span></span></p>

<p>&nbsp;</p>
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			'title' => '7.8 Percent Population at Risk of Severe Food Crisis in Nepal despite Sufficient Reserve   ',
			'sub_title' => '',
			'summary' => 'August 18: Data show that the country has sufficient food reserve, but food imbalance due to disproportionate production and distribution poses a threat to food security in Nepal with 7.8 percent population at risk of severe food crisis.  ',
			'content' => '<p><span style="font-size:18px"><span style="font-family:Calibri,&quot;sans-serif&quot;"><span style="font-family:&quot;Arial Unicode MS&quot;,&quot;sans-serif&quot;">August 18: Data show that the country has sufficient food reserve, but food imbalance due to disproportionate production and distribution poses a threat to food security in Nepal with 7.8 percent population at risk of severe food crisis.&nbsp;&nbsp;&nbsp;&nbsp; </span><br />
<span style="font-family:&quot;Arial Unicode MS&quot;,&quot;sans-serif&quot;">Minister for Agriculture and Livestock Development Mrigendra Singh Yadav said the existing food reserve is sufficient to meet the average daily food requirements for Nepalis, but still the risk of food insecurity prevails.&nbsp;&nbsp;&nbsp;&nbsp; </span><br />
<span style="font-family:&quot;Arial Unicode MS&quot;,&quot;sans-serif&quot;">He was presenting the fact during a seminar entitled &#39;Food Security in Nepal&#39; jointly organised by the National Security Council and the Nepalese Army.&nbsp;&nbsp;&nbsp;&nbsp; </span><br />
<span style="font-family:&quot;Arial Unicode MS&quot;,&quot;sans-serif&quot;">According to him, food intake habits and culture, people&#39;s unequal access to food, food inaccessibility, lack of quality food, natural disasters and consequences, impact of climate change, artificial food shortage, COVID-19 and fluctuations of food prices in the national and international markets have posed uncertainty in the domestic food supply chain.&nbsp;&nbsp;&nbsp;&nbsp; </span><br />
<span style="font-family:&quot;Arial Unicode MS&quot;,&quot;sans-serif&quot;">Likewise, an exodus of youth force from the agricultural activities, pesticides attacks on crops and the increasing size of uncultivated land are additional challenges for keeping food security intact.&nbsp;&nbsp;&nbsp;&nbsp; </span><br />
<span style="font-family:&quot;Arial Unicode MS&quot;,&quot;sans-serif&quot;">According to the World Food Summit 1996, food security exists when all people, at all times, have physical, social and economic access to sufficient, safe and nutritious food that meets their dietary needs and food preferences for an active and healthy life.&nbsp;&nbsp;&nbsp;&nbsp; </span><br />
<span style="font-family:&quot;Arial Unicode MS&quot;,&quot;sans-serif&quot;">The World Bank defines the situation when the calorie intake remains under 1,800 per day per person as severe food insecurity and according to the WB definition, 7.8 percent of total population face a greater risk of severe food insecurity in Nepal.&nbsp;&nbsp;&nbsp;&nbsp; </span><br />
<span style="font-family:&quot;Arial Unicode MS&quot;,&quot;sans-serif&quot;">An adult with normal health condition requires an intake of 2,200 calorie each day for an active life and the calorie consumption mainly depends on the availability of food.&nbsp;&nbsp;&nbsp;&nbsp; </span><br />
<span style="font-family:&quot;Arial Unicode MS&quot;,&quot;sans-serif&quot;">The 15th five-year plan in Nepal states that 21 percent population in Nepal has still no access to sufficient food. It says that only 48.2 percent of the households are basically food secure.&nbsp;&nbsp;&nbsp;&nbsp; </span><br />
<span style="font-family:&quot;Arial Unicode MS&quot;,&quot;sans-serif&quot;">The government data show that during the last fiscal year (2021/22), the food production in the country was 369 kilos per person and it was estimated to be 257 kilos after deducting seeds, preservation for animal feed and the loss during post-harvest stage.&nbsp;&nbsp;&nbsp;&nbsp; </span><br />
<span style="font-family:&quot;Arial Unicode MS&quot;,&quot;sans-serif&quot;">The figure suggests the food production is enough to meet the daily minimum food requirements of the people.&nbsp;&nbsp;&nbsp;&nbsp; </span><br />
<span style="font-family:&quot;Arial Unicode MS&quot;,&quot;sans-serif&quot;">During the review year, the annual food production in the country was 10. 77 million &nbsp;metric tonnes and it was around 7,530,000 metric tonnes after deducing the seeds, livestock preservation and post-harvest stage loss.&nbsp;&nbsp;&nbsp;&nbsp; </span><br />
<span style="font-family:&quot;Arial Unicode MS&quot;,&quot;sans-serif&quot;">The report says that Nepal needs around 5. 86 million metric tonnes of processed food to meet the food requirements of its population.&nbsp;&nbsp;&nbsp;&nbsp; </span><br />
<span style="font-family:&quot;Arial Unicode MS&quot;,&quot;sans-serif&quot;">On the occasion, the minister said, &quot;The data about the availability of the food shows the quantity of food reserve is approximately 1,663,000 metric tons. Despite the food reserve at the national level, at the household level, around 21 still face the situation forcing them to limit their daily calorie intake below the requirements.&rdquo;</span></span></span></p>

<p><span style="font-size:18px"><span style="font-family:Calibri,&quot;sans-serif&quot;"><span style="font-family:&quot;Arial Unicode MS&quot;,&quot;sans-serif&quot;">According to the minister, &nbsp;imbalanced production and distribution is likely to push around 20 districts at the risk of food insecurity.&nbsp;&nbsp;&nbsp;&nbsp; </span><br />
<span style="font-family:&quot;Arial Unicode MS&quot;,&quot;sans-serif&quot;">The time analysis of the past one decade shows that food reserve in the nation is good, except in the year 2015 that witnessed the major earthquake.&nbsp;&nbsp;&nbsp;&nbsp; </span><br />
<span style="font-family:&quot;Arial Unicode MS&quot;,&quot;sans-serif&quot;">The import of large quantity of rice on the other hand is unexpected. The Annual Household Survey Report, 2017 prepared by the Central Bureau of Statistics shows that the consumption of fine grain rice is on increasing trend. Domestic production of rice has not been able to meet the growing demand. However, opposed to this a large quantity of production of other cereals is being consumed. </span></span></span></p>

<p><span style="font-size:18px"><span style="font-family:Calibri,&quot;sans-serif&quot;"><span style="font-family:&quot;Arial Unicode MS&quot;,&quot;sans-serif&quot;">In terms of food and nutritional security, the contribution of crops like millet and buckwheat has still not come in the mainstream.&nbsp;&nbsp;&nbsp;&nbsp; </span><br />
<span style="font-family:&quot;Arial Unicode MS&quot;,&quot;sans-serif&quot;">Seventy-seven percent of the daily total calorie requirement of a person should be supplied through plant-based food and materials while the rest should be supplied through animals, birds and fish. But the daily calorie requirement is not according to this, the Ministry of Agriculture and Livestock Development said. It is said 87 percent of the calorie requirement per person is derived from plant-based materials and the rest is derived from milk, dairy products, meat and egg.&nbsp;&nbsp;&nbsp;&nbsp; </span><br />
<span style="font-family:&quot;Arial Unicode MS&quot;,&quot;sans-serif&quot;">Minister Yadav said that the statistics shows that from the production point of view, the country is self-sufficient on fish, meat and egg while it is close to this in milk. He reiterated that the ministry is giving special stress on food security in terms of increasing the production and supply of animal-based food for nutritional security.&nbsp;&nbsp;&nbsp;&nbsp; </span><br />
<span style="font-family:&quot;Arial Unicode MS&quot;,&quot;sans-serif&quot;">It is necessary to put in extra investment for expanding the irrigation facility, the availability of improved varieties of seeds and breeds and modernization as well as commercialization of agriculture for production growth.&nbsp;&nbsp;&nbsp;&nbsp; </span><br />
<span style="font-family:&quot;Arial Unicode MS&quot;,&quot;sans-serif&quot;">Also required is collaboration among the three tiers of the government, NGOs, private organisations and development partners for research, technology expansion and infrastructure development to face the challenges seen in the food and nutrition security, Minister Yadav pointed out.&nbsp;&nbsp;&nbsp;&nbsp; </span><br />
<span style="font-family:&quot;Arial Unicode MS&quot;,&quot;sans-serif&quot;">Defence Secretary and the National Security Council Secretariat coordinator Kiran Raj Sharma said this is the first seminar of its kind on contemporary topic. Stating that the issue of food security is not only linked to human security but is also directly linked to overall development, he said this programme has been organised in this light.&nbsp;&nbsp;&nbsp;&nbsp; </span><br />
<span style="font-family:&quot;Arial Unicode MS&quot;,&quot;sans-serif&quot;">The World Food Summit organized in 1974 had acknowledged that food is the basic requirement and stressed on maintaining a balance regarding its quantity, price and supply. The World Food Summit held in 1996 in Rome stated that it can be considered the status of food security has been achieved only if every person has physical and economic access to healthy and nutritious food as per his/her requirement.&nbsp;&nbsp;&nbsp;&nbsp; </span><br />
<span style="font-family:&quot;Arial Unicode MS&quot;,&quot;sans-serif&quot;">Secretary Sharma said it is regrettable that Nepal has not been able to produce the required quantity of food grain despite being predominantly an agrarian country. He added that a large number of populations in the country are deprived of food security due to the sustenance and traditional agriculture system, disparity in the availability and distribution of agricultural land, the complications related to the structure of cultivable land and over-dependence on import in agriculture.&nbsp;&nbsp;&nbsp;&nbsp; </span><br />
<span style="font-family:&quot;Arial Unicode MS&quot;,&quot;sans-serif&quot;">Sixty percent of the country&#39;s population is dependent on agriculture while its contribution to GDP is 32 percent. Statistics show that there is shortage of 600,000 metric tonnes of food grain in Nepal annually.&nbsp;&nbsp;&nbsp;&nbsp; </span><br />
<span style="font-family:&quot;Arial Unicode MS&quot;,&quot;sans-serif&quot;">Experts have come to the conclusion that food security in Nepal is also affected due to factors like COVID-19 pandemic, the Russia-Ukraine war and its adverse impact on the supply of food grains and fuel and the change in the policy of import and export of food grains adopted by various countries in the aftermath of the Russia-Ukraine conflict, among others. -- RSS&nbsp;&nbsp;&nbsp;&nbsp; </span></span></span><br />
&nbsp;</p>
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			'id' => '15814',
			'article_category_id' => '1',
			'title' => 'SSF Contributors can get Special Credit Facility through Mobile App   ',
			'sub_title' => '',
			'summary' => 'August 18: Contributors to the Social Security Fund (SSF) can now avail different types of loan facilities through their mobile application.  ',
			'content' => '<p><span style="font-size:18px"><span style="font-family:Calibri,&quot;sans-serif&quot;"><span style="font-family:&quot;Arial Unicode MS&quot;,&quot;sans-serif&quot;">August 18: Contributors to the Social Security Fund (SSF) can now avail different types of loan facilities through their mobile application.&nbsp;&nbsp;&nbsp;&nbsp; </span><br />
<span style="font-family:&quot;Arial Unicode MS&quot;,&quot;sans-serif&quot;">The fund launched the app that allows the contributors to get special credit, housing loan, educational loan and social loan using the app.&nbsp;&nbsp;&nbsp;&nbsp; </span><br />
<span style="font-family:&quot;Arial Unicode MS&quot;,&quot;sans-serif&quot;">Labour Minister Sher Bahadur Kunwar launched the contributor special credit and mobile app during a programme organised at the Ministry of Labour, Employment and Social Security on Wednesday (August 17).</span><br />
<span style="font-family:&quot;Arial Unicode MS&quot;,&quot;sans-serif&quot;">On the occasion, contributors Binay Kumar Mahato and Pawan Babu Pradhan received the amount of special credit and amount of retirement service through the mobile app.&nbsp;&nbsp;&nbsp;&nbsp; </span><br />
<span style="font-family:&quot;Arial Unicode MS&quot;,&quot;sans-serif&quot;">The contributors who have been regularly contributing to the fund from mid-July 2019 can get special credit and other loan from the fund. As per the Contributors Credit Guidelines-2079, a contributor contributing to the fund continuously for three years can get such credit and loans.&nbsp;&nbsp;&nbsp;&nbsp; Around 700 contributors have now become eligible to get such facilities. Altogether 352,924 contributors are enrolled in the fund so far. A total of Rs 22.08 million have been deposited in the fund so far. The fund had started collecting such amount from Shrawan, 2076 BS (mid-July 2019). There is a provision that a contributor enrolled in the fund has to deposit 11 per cent of amount of his/her basic remuneration and the employer has to contribute 20 per cent monthly.&nbsp;&nbsp;&nbsp;&nbsp; </span><br />
<span style="font-family:&quot;Arial Unicode MS&quot;,&quot;sans-serif&quot;">Minister Kunwar directed the fund to make its service technology-friendly and urged to widen the social security coverage. -- RSS&nbsp;&nbsp; </span></span></span></p>
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			'article_category_id' => '1',
			'title' => 'KUSOM, KCM and NATHM Declared Best B-school for 2022',
			'sub_title' => '16 colleges awarded under four categories during “6th Newbiz B-Schools Ratings, Ranking and Awards 2022”',
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			'content' => '<p><span style="font-size:18px"><span style="font-family:Calibri,&quot;sans-serif&quot;"><span style="font-family:&quot;Arial&quot;,&quot;sans-serif&quot;">August 17:&nbsp;Kathmandu University School of Management (KUSOM) has bagged the &ldquo;Best B-school of Nepal - MBA/MBS&rdquo; award while&nbsp;Kathmandu College of Management (KCM) and Nepal Academy of&nbsp;Tourism and Hotel Management (NATHM) have won the &ldquo;Best B-school of Nepal &ndash; BBA/BBA&rdquo; and &ldquo;Best B-school of Nepal &ndash; BHM&rdquo; awards respectively.&nbsp;</span></span></span></p>

<p><span style="font-size:18px"><span style="font-family:Calibri,&quot;sans-serif&quot;"><span style="font-family:&quot;Arial&quot;,&quot;sans-serif&quot;">They were announced winners of the sixth edition of the &ldquo;Newbiz B-School Ratings, Ranking and Awards&rdquo; amid a grand ceremony held in Kathmandu on Wednesday. Prabhu Bank is the main sponsor of the event organized by New Business Age Pvt Ltd.&nbsp;&nbsp;</span></span></span></p>

<p><span style="font-size:18px"><span style="font-family:Calibri,&quot;sans-serif&quot;"><span style="font-family:&quot;Arial&quot;,&quot;sans-serif&quot;">Yamaha, Tata Nexon, Mahalaxmi Bikas Bank Ltd, Everest Bank Ltd, Hama Steel, United Insurance, Nepali Patro, Dish Home FiberNet are other partners of the event.&nbsp;</span></span></span></p>

<p><span style="font-size:18px"><span style="font-family:Calibri,&quot;sans-serif&quot;"><span style="font-family:&quot;Arial&quot;,&quot;sans-serif&quot;">Along with the best three business schools, a total of 16 colleges were awarded in four different categories.&nbsp;&nbsp;</span></span></span></p>

<p><span style="font-size:18px"><span style="font-family:Calibri,&quot;sans-serif&quot;"><span style="font-family:&quot;Arial&quot;,&quot;sans-serif&quot;">The best three colleges under MBA/MBS, BBA/BBS and BHM categories were awarded trophies and certificates while the second and third best colleges received certificates.&nbsp;</span></span></span></p>

<p><span style="font-size:18px"><span style="font-family:Calibri,&quot;sans-serif&quot;"><span style="font-family:&quot;Arial&quot;,&quot;sans-serif&quot;">One best college from each of the seven provinces were also felicitated during the event.</span></span></span></p>

<p><span style="font-size:18px"><span style="font-family:Calibri,&quot;sans-serif&quot;"><span style="font-family:&quot;Arial&quot;,&quot;sans-serif&quot;">An independent jury consisting of experts from various fields had selected the best business schools after phase-wise evaluation, according to the organizer. A total of 602 out of 2,300 schools were shortlisted based on the website of the schools. Around 300 schools were selected in the second stage based on the schools&rsquo; mission, vision and slogan. A total of 87 schools were selected in the third round on the basis of five years of operation. Among them, 16 were awarded during the event.&nbsp;</span></span></span></p>

<p><span style="font-size:18px"><span style="font-family:Calibri,&quot;sans-serif&quot;"><span style="font-family:&quot;Arial&quot;,&quot;sans-serif&quot;">The organizer said that the annual event aims to honor business schools that have been consistently producing prospective future managers of the country.</span></span></span></p>

<p><span style="font-size:18px"><span style="font-family:Calibri,&quot;sans-serif&quot;"><span style="font-family:&quot;Arial&quot;,&quot;sans-serif&quot;">Presidential Business School was announced the &ldquo;2nd Best School of Nepal-MBA/MBS&#39;&#39; while The British College won the award of &lsquo;3rd Best B-school of Nepal-MBA/MBS&rsquo;.&nbsp;&nbsp;</span></span></span></p>

<p><span style="font-size:18px"><span style="font-family:Calibri,&quot;sans-serif&quot;"><span style="font-family:&quot;Arial&quot;,&quot;sans-serif&quot;">Toward the BBA/BBS category, Uniglobe College and Shanker Dev Campus were announced second and third best B-schools respectively for 2022.</span></span></span></p>

<p><span style="font-size:18px"><span style="font-family:Calibri,&quot;sans-serif&quot;"><span style="font-family:&quot;Arial&quot;,&quot;sans-serif&quot;">Silver Mountain School of Hotel Management was declared the &ldquo;2nd Best B-school of Nepal&rdquo; whereas Global Academy of Tourism and Hospitality was adjudged the &ldquo;3rd Best B-school of Nepal &ndash; BHM&rdquo;.</span></span></span></p>

<p><span style="font-size:18px"><span style="font-family:Calibri,&quot;sans-serif&quot;"><span style="font-family:&quot;Arial&quot;,&quot;sans-serif&quot;">According to the jury, the quality and standard, educational infrastructure, quality of academic activities, student-led activities, entrepreneurship promotion programme, relationship with real professional organizations, and employment opportunities were taken into consideration while selecting the schools for the awards.</span></span></span></p>

<p><span style="font-size:18px"><span style="font-family:Calibri,&quot;sans-serif&quot;"><span style="font-family:&quot;Arial&quot;,&quot;sans-serif&quot;">Prior to the award ceremony, a panel discussion on &ldquo;Future of Business Education&rdquo; was also organised during the event where education sector leaders highlighted the role of business schools in producing business executives and other human capital required for the country. Professor Dilli Raj Sharma, dean of the Faculty of Management at Tribhuvan University, Management Educator Professor Dr Mahendra Prasad Shrestha and Silver Mountain School of Hotel Management&rsquo;s Co-Founder Rachana Thapa were the panelists of the discussion moderated by Sabin Joshi, managing director of RB Advisory and Ednopsis Holding.&nbsp;</span></span></span></p>

<p><span style="font-size:18px"><span style="font-family:Calibri,&quot;sans-serif&quot;">&nbsp;</span></span></p>

<p><span style="font-size:18px"><span style="font-family:Calibri,&quot;sans-serif&quot;"><strong><span style="font-family:&quot;Arial&quot;,&quot;sans-serif&quot;">Seven colleges from each province felicitated</span></strong></span></span></p>

<p><span style="font-size:18px"><span style="font-family:Calibri,&quot;sans-serif&quot;"><span style="font-family:&quot;Arial&quot;,&quot;sans-serif&quot;">During the event, one college from each of the seven provinces was felicitated with the best B-school of the province award.</span></span></span></p>

<p><span style="font-size:18px"><span style="font-family:Calibri,&quot;sans-serif&quot;"><span style="font-family:&quot;Arial&quot;,&quot;sans-serif&quot;">Kailali Multiple Campus of Dhangadhi was declared the best business school of Sudur Paschim Province. Likewise, Sahara Campus won the award of the &ldquo;Best Business School &#39;&#39; of Karnali Province.</span></span></span></p>

<p><span style="font-size:18px"><span style="font-family:Calibri,&quot;sans-serif&quot;"><span style="font-family:&quot;Arial&quot;,&quot;sans-serif&quot;">In Lumbini, it was Lumbini Banijya Campus that was handed with the &ldquo;Best B School&rsquo; award. Novel Academy of Pokhara clinched the award of the &ldquo;Best B School &#39;&#39; in Gandaki Province while &ldquo;Special Recognition B School &#39;&#39; was provided to Presidency College of Management Sciences of Bharatpur in Bagamati Province.</span></span></span></p>

<p><span style="font-size:18px"><span style="font-family:Calibri,&quot;sans-serif&quot;"><span style="font-family:&quot;Arial&quot;,&quot;sans-serif&quot;">Birgunj Public College of Birgunj was honored with the &ldquo;Best B School&rdquo; in Madhesh Province while Damak Multiple Campus won the award of &nbsp;the &ldquo;Best B School&rdquo; of Province 1.&nbsp;&nbsp;</span></span></span></p>

<p><br />
&nbsp;</p>
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	(int) 3 => array(
		'Article' => array(
			'id' => '15811',
			'article_category_id' => '1',
			'title' => 'Education Experts Emphasize on Enhancing Connection between Business Schools and Industries',
			'sub_title' => 'Education sector leaders discuss ways to retain management students in the country',
			'summary' => 'August 17: Education sector leaders have underlined the need to enhance the connection between business schools and domestic industries to retain students in the country.',
			'content' => '<p><span style="font-size:18px"><span style="font-family:Calibri,&quot;sans-serif&quot;">August 17: Education sector leaders have underlined the need to enhance the connection between business schools and domestic industries to retain students in the country.</span></span></p>

<p><span style="font-size:18px"><span style="font-family:Calibri,&quot;sans-serif&quot;">Speaking at a panel discussion on &ldquo;Future of Business Education&rdquo; during 6th Newbiz B School Ratings, Ranking and Awards 2022, they said that retaining students produced by business schools of Nepal has become a major challenge faced by management education in Nepal.</span></span></p>

<p><span style="font-size:18px"><span style="font-family:Calibri,&quot;sans-serif&quot;">&ldquo;The question is not about quality, but it&rsquo;s about retention. The domestic business sector is not able to offer the competitive compensation packages that attract the human capital produced in the country,&rdquo; said Professor Dilli Raj Sharma, dean of the Faculty of Management at Tribhuvan University.&nbsp; </span></span></p>

<p><span style="font-size:18px"><span style="font-family:Calibri,&quot;sans-serif&quot;">&ldquo;There is a need for a strong tie-up between educational institutions and business groups,&rdquo; he said.</span></span></p>

<p><span style="font-size:18px"><span style="font-family:Calibri,&quot;sans-serif&quot;">Rachana Thapa, co-founder of Silver Mountain School of Hotel Management, said that the emphasis should be on research-based and student-centric education system.</span></span></p>

<p><span style="font-size:18px"><span style="font-family:Calibri,&quot;sans-serif&quot;">&ldquo;The world is a global village. People see opportunities abroad. You cannot stop them from exploring the world,&rdquo; she said. </span></span></p>

<p><span style="font-size:18px"><span style="font-family:Calibri,&quot;sans-serif&quot;">&ldquo;How to retain these people in the country? That answer is: invest in your quality and curriculum.&nbsp; Go back and revisit them. The world is changing. What was good 20 or 5 years ago may not be relevant right now,&rdquo; she said.</span></span></p>

<p><span style="font-size:18px"><span style="font-family:Calibri,&quot;sans-serif&quot;">Prof Dr Mahendra Prasad Shrestha, a management educator, called for a paradigm shift in the education system to produce good managers.</span></span></p>

<p><span style="font-size:18px"><span style="font-family:Calibri,&quot;sans-serif&quot;">&ldquo;There is no interface between the business schools and the real businesses. What sort of skills do businesses need? It is a big challenge to identify their needs and produce students that they can absorb,&rdquo; said Prof Dr Shrestha.</span></span></p>

<p><span style="font-size:18px"><span style="font-family:Calibri,&quot;sans-serif&quot;">Sabin Joshi, managing director of RB Advisory and Ednopsis Holding, said that the focus should be on improving employability rather than the education system.</span></span></p>

<p><span style="font-size:18px"><span style="font-family:Calibri,&quot;sans-serif&quot;">&ldquo;Things are changing fast and we have to change accordingly,&rdquo; he said.</span></span></p>

<p><span style="font-size:18px"><span style="font-family:Calibri,&quot;sans-serif&quot;">During the discussion, all panelists agreed that the quality of Nepal&rsquo;s business schools is up to the mark.</span></span></p>

<p><span style="font-size:18px"><span style="font-family:Calibri,&quot;sans-serif&quot;">&ldquo;Some people say that the quality of Nepal&rsquo;s business schools is not good. I partly agree to that, not fully. We have produced successful managers like Kulman Ghising and many CEOs in the banking sector who are the products of Nepal&rsquo;s business schools,&rdquo; said Management Educator Prof Dr Shrestha.</span></span></p>

<p><span style="font-size:18px"><span style="font-family:Calibri,&quot;sans-serif&quot;">TU&rsquo;s Faculty of Management&rsquo;s Dean Prof Sharma insisted that Nepal&rsquo;s curriculum and educational programmes meet international standards.</span></span></p>

<p><span style="font-size:18px"><span style="font-family:Calibri,&quot;sans-serif&quot;">&ldquo;All programmes that we are running are sellable. We are developing courses including hotel management by consulting with respective business sectors,&rdquo; he added.</span></span></p>

<p><span style="font-size:18px"><span style="font-family:Calibri,&quot;sans-serif&quot;">&nbsp;</span></span></p>

<p><span style="font-size:18px"><span style="font-family:Calibri,&quot;sans-serif&quot;">&nbsp;</span></span></p>

<p><span style="font-size:18px"><span style="font-family:Calibri,&quot;sans-serif&quot;">&nbsp;</span></span></p>

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<p>&nbsp;</p>
',
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	(int) 4 => array(
		'Article' => array(
			'id' => '15813',
			'article_category_id' => '1',
			'title' => 'Nepal Heading in the Right Direction, Claims NPC Vice Chair Poudel ',
			'sub_title' => '',
			'summary' => 'August 17: Dr Biswo Nath Poudel, vice-chairman of the National Planning Commission, has said that the country is heading in the right direction, albeit slowly. ',
			'content' => '<p><span style="font-size:18px"><span style="font-family:&quot;Times New Roman&quot;,&quot;serif&quot;">August 17:&nbsp;Dr Biswo Nath Poudel, vice-chairman of the National Planning Commission, has said that the country is heading in the right direction, albeit slowly.&nbsp;</span></span></p>

<p><span style="font-size:18px"><span style="font-family:&quot;Times New Roman&quot;,&quot;serif&quot;">&ldquo;The growth, the governing principles and demographic resilience are heading towards the right direction. We are making progress in various sectors. The pace may not be satisfactory, but there is progress in various key sectors,&rdquo; said Dr Poudel, adding, &ldquo;I urge the education sector to make its contribution toward this progress.&rdquo; </span></span></p>

<p><span style="font-size:18px"><span style="font-family:&quot;Times New Roman&quot;,&quot;serif&quot;">Dr Poudel made such remarks while speaking at the &ldquo;6th Newbiz B School Ratings, Ranking and Awards 2022&rdquo;.</span></span></p>

<p><span style="font-size:18px"><span style="font-family:&quot;Times New Roman&quot;,&quot;serif&quot;">Krishna Prasad Adhikari, vice president of the Confederation of Nepalese Industries (CNI), said that the situation of the country will not improve if there is no practical and quality education that guarantees the bright future for the students. </span></span></p>

<p><span style="font-size:18px"><span style="font-family:&quot;Times New Roman&quot;,&quot;serif&quot;">&ldquo;We have not been able to embrace technology in our schools and colleges,&rdquo; said Adhikari. &ldquo;Until the education sector is not changed, we cannot imagine a change in any other sector,&rdquo; he said.&nbsp;</span></span></p>

<p><span style="font-size:18px"><span style="font-family:&quot;Times New Roman&quot;,&quot;serif&quot;">Similarly, Ramesh Kumar Hamal, chairman of the Securities Board of Nepal (SEBON), said that the focus should be on attracting foreign students to study in Nepal&rsquo;s educational institutions.&nbsp;</span></span></p>

<p><span style="font-size:18px"><span style="font-family:&quot;Times New Roman&quot;,&quot;serif&quot;">&ldquo;Our Nepali students are leaving the country to study abroad or for various opportunities. If it&rsquo;s globalization, there should also be arrival of foreign students in Nepal to pursue their education,&rdquo; he said, calling for collective efforts toward that end.&nbsp;</span></span></p>

<p><span style="font-size:18px"><span style="font-family:&quot;Times New Roman&quot;,&quot;serif&quot;">Stating that the SEBON recently started issuing license to private equity and venture capital, he said that they could become a source of financing for those business students who want to become entrepreneurs and implement their business ideas.&nbsp;</span></span></p>

<p><span style="font-size:18px"><span style="font-family:&quot;Times New Roman&quot;,&quot;serif&quot;">&ldquo;We have started a process to issue license for private equity and venture capital. They provide capital and business knowledge to ideas or startups without any collateral. For business students, this can be a new opportunity,&rdquo; he added.&nbsp;</span></span></p>

<p><span style="font-size:18px"><span style="font-family:&quot;Times New Roman&quot;,&quot;serif&quot;">&nbsp;</span></span></p>

<p><span style="font-size:18px"><span style="font-family:&quot;Times New Roman&quot;,&quot;serif&quot;">&nbsp;</span></span></p>

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<p><span style="font-size:18px"><span style="font-family:&quot;Times New Roman&quot;,&quot;serif&quot;">&nbsp;</span></span></p>

<p>&nbsp;</p>
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	(int) 5 => array(
		'Article' => array(
			'id' => '15809',
			'article_category_id' => '1',
			'title' => 'Newbiz B-School Ratings, Ranking and Awards Kicks Off',
			'sub_title' => '',
			'summary' => 'August 17: The sixth edition of the Newbiz B-School Ratings, Ranking and Awards has kicked off amid a programme in the capital today.',
			'content' => '<p><span style="font-size:12pt"><span style="font-family:&quot;Times New Roman&quot;,&quot;serif&quot;"><span style="font-size:14.0pt"><span style="font-family:&quot;Arial&quot;,&quot;sans-serif&quot;">August 17: The sixth edition of the Newbiz B-School&nbsp;Ratings, Ranking and Awards has kicked off amid a programme in the capital today.</span></span></span></span></p>

<p><span style="font-size:12pt"><span style="font-family:&quot;Times New Roman&quot;,&quot;serif&quot;"><span style="font-size:14.0pt"><span style="font-family:&quot;Arial&quot;,&quot;sans-serif&quot;">Speaking at the inauguration of the awards ceremony, Madan Lamsal, editor-in-chief of New Business Age, said that the country must focus on quality education at a time when our economy is driven by remittance.</span></span></span></span></p>

<p><span style="font-size:12pt"><span style="font-family:&quot;Times New Roman&quot;,&quot;serif&quot;"><span style="font-size:14.0pt"><span style="font-family:&quot;Arial&quot;,&quot;sans-serif&quot;">&ldquo;We cannot sustain our economy driven by remittance. We need capable human resources which is possible through education,&rdquo; said Lamsal, adding, &ldquo;It is the government&rsquo;s responsibility to ensure quality education so that the students of Nepal do not have to go abroad for higher education.&rdquo;</span></span></span></span></p>

<p><span style="font-size:12pt"><span style="font-family:&quot;Times New Roman&quot;,&quot;serif&quot;"><span style="font-size:14.0pt"><span style="font-family:&quot;Arial&quot;,&quot;sans-serif&quot;">According to the organizers, the best colleges will be awarded in four different categories from among more than 2,300 business schools across the country.</span></span></span></span></p>

<p><span style="font-size:12pt"><span style="font-family:&quot;Times New Roman&quot;,&quot;serif&quot;"><span style="font-size:14.0pt"><span style="font-family:&quot;Arial&quot;,&quot;sans-serif&quot;">A total of 16 colleges will be awarded in four different categories during the award distribution ceremony that started at 4 pm today afternoon (August 17). The organizers informed that three best colleges for MBA/MBS, three each for BBA/BBS, three best colleges for BHM and one college from each of the seven provinces will be honored during the event.</span></span></span></span></p>

<p><span style="font-size:12pt"><span style="font-family:&quot;Times New Roman&quot;,&quot;serif&quot;"><span style="font-size:14.0pt"><span style="font-family:&quot;Arial&quot;,&quot;sans-serif&quot;">Among them, one best college in the first three categories will be given trophies and certificates, while certificates will be distributed to the second and third-position holders.</span></span></span></span></p>

<p><span style="font-size:12pt"><span style="font-family:&quot;Times New Roman&quot;,&quot;serif&quot;"><span style="font-size:14.0pt"><span style="font-family:&quot;Arial&quot;,&quot;sans-serif&quot;">Similarly, certificates will be given to the best colleges in each province.</span></span></span></span></p>

<p><span style="font-size:12pt"><span style="font-family:&quot;Times New Roman&quot;,&quot;serif&quot;"><span style="font-size:14.0pt"><span style="font-family:&quot;Arial&quot;,&quot;sans-serif&quot;">A panel discussion among experts on the topic of &#39;Future of Management Education&#39; is also scheduled during the programme.</span></span></span></span></p>

<p><span style="font-size:12pt"><span style="font-family:&quot;Times New Roman&quot;,&quot;serif&quot;"><span style="font-size:14.0pt"><span style="font-family:&quot;Arial&quot;,&quot;sans-serif&quot;">An independent jury consisting of experts from various fields have selected the best school after phase-wise evaluation. According to the jury, 602 out of 2,300 schools were shortlisted based on the website of the schools.</span></span></span></span></p>

<p><span style="font-size:12pt"><span style="font-family:&quot;Times New Roman&quot;,&quot;serif&quot;"><span style="font-size:14.0pt"><span style="font-family:&quot;Arial&quot;,&quot;sans-serif&quot;">Around 300 schools were selected in the second stage based on the school&#39;s mission, vision and slogan. A total of 57 schools were selected in the third round on the basis of five years of operation.</span></span></span></span></p>

<p><span style="font-size:12pt"><span style="font-family:&quot;Times New Roman&quot;,&quot;serif&quot;"><span style="font-size:14.0pt"><span style="font-family:&quot;Arial&quot;,&quot;sans-serif&quot;">According to the jury, quality and standard, educational infrastructure, quality of academic activities, student-led activities, entrepreneurship promotion programme, relationship with real professional organizations, and employment opportunities were taken into consideration while selecting the school for the awards.</span></span></span></span></p>

<p><span style="font-size:12pt"><span style="font-family:&quot;Times New Roman&quot;,&quot;serif&quot;"><span style="font-size:14.0pt"><span style="font-family:&quot;Arial&quot;,&quot;sans-serif&quot;">The main sponsor of the program is Prabhu Bank Limited, while Yamaha, Mahalaxmi Bikas Bank Ltd, Tata Nexon, Everest Bank, Hama Steel, United Insurance, DishHome Fiber Net and Nepali Patro are the co-sponsors of the event.</span></span></span></span></p>

<p>&nbsp;</p>
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	(int) 6 => array(
		'Article' => array(
			'id' => '15810',
			'article_category_id' => '1',
			'title' => 'Government not Supportive Towards Innovation and Entrepreneurship ',
			'sub_title' => '',
			'summary' => 'August 17: It has been a decade since Ram Prasad Rimal and his twin brother Lakshman Prasad developed an electronic voting machine in the country.',
			'content' => '<p><span style="font-size:11pt"><span style="font-family:Calibri,&quot;sans-serif&quot;"><span style="font-size:14.0pt"><span style="font-family:&quot;Arial&quot;,&quot;sans-serif&quot;">August 17: It has been a decade since Ram Prasad Rimal and his twin brother Lakshman Prasad developed an electronic voting machine in the country.</span></span></span></span></p>

<p><span style="font-size:11pt"><span style="font-family:Calibri,&quot;sans-serif&quot;"><span style="font-size:14.0pt"><span style="font-family:&quot;Arial&quot;,&quot;sans-serif&quot;">Three major elections have been held since they developed the machine including two local level elections and one for the House of Representatives and the Provincial Assembly.</span></span></span></span></p>

<p><span style="font-size:11pt"><span style="font-family:Calibri,&quot;sans-serif&quot;"><span style="font-size:14.0pt"><span style="font-family:&quot;Arial&quot;,&quot;sans-serif&quot;">However, instead of encouraging entrepreneurship and innovation through the use of domestic products, the government and the Election Commission have been neglecting technology to the detriment of those engaged in such work. </span></span></span></span></p>

<p><span style="font-size:11pt"><span style="font-family:Calibri,&quot;sans-serif&quot;"><span style="font-size:14.0pt"><span style="font-family:&quot;Arial&quot;,&quot;sans-serif&quot;">Both these bodies are planning to continue using ballot papers which have to be imported from abroad by spending millions of rupees.</span></span></span></span></p>

<p><span style="font-size:11pt"><span style="font-family:Calibri,&quot;sans-serif&quot;"><span style="font-size:14.0pt"><span style="font-family:&quot;Arial&quot;,&quot;sans-serif&quot;">There is no need to doubt the reliability of the machine developed by the twin brothers. Using the same voting machine, 100 internal elections of political parties including CPN-UML, RPP and other organizations have been completed flawlessly. In addition, engineering students who design and develop hardware and software for various types of machines have also used the same machine during the elections of student unions.</span></span></span></span></p>

<p><span style="font-size:11pt"><span style="font-family:Calibri,&quot;sans-serif&quot;"><span style="font-size:14.0pt"><span style="font-family:&quot;Arial&quot;,&quot;sans-serif&quot;">Ram Lakshman&#39;s machine was used during the voting of the last union election at Pulchowk Campus.</span></span></span></span></p>

<p><span style="font-size:11pt"><span style="font-family:Calibri,&quot;sans-serif&quot;"><span style="font-size:14.0pt"><span style="font-family:&quot;Arial&quot;,&quot;sans-serif&quot;">Elections of Nepal Chartered Accountants Association, Rotary Club, a prestigious organization of international level, etc. have also been completed with the voting machine prepared by Ram Lakshman&#39;s company Ram Lakshman Innovations Pvt Ltd.</span></span></span></span></p>

<p><span style="font-size:11pt"><span style="font-family:Calibri,&quot;sans-serif&quot;"><strong>&nbsp;</strong></span></span></p>

<p><span style="font-size:11pt"><span style="font-family:Calibri,&quot;sans-serif&quot;"><span style="font-size:14.0pt"><span style="font-family:&quot;Arial&quot;,&quot;sans-serif&quot;">According to them, the Election Commission during a demonstration had said it would be easier for them to accept the machine if was used in the voting of an organization. Then they started using the machine in the elections of various organizations.</span></span></span></span></p>

<p><span style="font-size:11pt"><span style="font-family:Calibri,&quot;sans-serif&quot;"><span style="font-size:14.0pt"><span style="font-family:&quot;Arial&quot;,&quot;sans-serif&quot;">Dozens of political parties and their sister organizations and other organizations successfully used the machine. Then they again went to the Election Commission but the commission is not yet ready to accept it.</span></span></span></span></p>

<p><span style="font-size:11pt"><span style="font-family:Calibri,&quot;sans-serif&quot;"><span style="font-size:14.0pt"><span style="font-family:&quot;Arial&quot;,&quot;sans-serif&quot;">&ldquo;They neither accept it nor reject it,&rdquo; rued the Rimal brothers.</span></span></span></span></p>

<p><span style="font-size:11pt"><span style="font-family:Calibri,&quot;sans-serif&quot;"><span style="font-size:14.0pt"><span style="font-family:&quot;Arial&quot;,&quot;sans-serif&quot;">The voting machine manufactured in Nepal has already been certified at the international level. The digital certificate issued by the Certification Office of the Government of Nepal has also confirmed that the software of the machine is safe.</span></span></span></span></p>

<p><span style="font-size:11pt"><span style="font-family:Calibri,&quot;sans-serif&quot;"><span style="font-size:14.0pt"><span style="font-family:&quot;Arial&quot;,&quot;sans-serif&quot;">Ram Lakshman also clarified that they are not looking for profit. They say that if the government produces the machine, they are ready to provide all kind of support and let them use it without royalty.</span></span></span></span></p>

<p><span style="font-size:11pt"><span style="font-family:Calibri,&quot;sans-serif&quot;"><strong>&nbsp;</strong></span></span></p>

<p><span style="font-size:11pt"><span style="font-family:Calibri,&quot;sans-serif&quot;"><strong>&nbsp;</strong></span></span></p>

<p><span style="font-size:11pt"><span style="font-family:Calibri,&quot;sans-serif&quot;"><strong>&nbsp;</strong></span></span></p>

<p><span style="font-size:11pt"><span style="font-family:Calibri,&quot;sans-serif&quot;"><strong>&nbsp;</strong></span></span></p>

<p>&nbsp;</p>

<p>&nbsp;</p>
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	(int) 7 => array(
		'Article' => array(
			'id' => '15808',
			'article_category_id' => '1',
			'title' => 'Half a Dozen GI Wire Industries Shut Down',
			'sub_title' => '',
			'summary' => 'August 17: Six galvanized iron (GI) wire industries in the Sunsari-Morang industrial corridor have been shut down due to the unfair tax rates imposed by the government.',
			'content' => '<p><span style="font-size:11pt"><span style="font-family:Calibri,&quot;sans-serif&quot;"><span style="font-size:14.0pt"><span style="font-family:&quot;Arial&quot;,&quot;sans-serif&quot;">August 17: Six galvanized iron (GI) wire industries in the Sunsari-Morang industrial corridor have been shut down due to the unfair tax rates imposed by the government. </span></span></span></span></p>

<p><span style="font-size:11pt"><span style="font-family:Calibri,&quot;sans-serif&quot;"><span style="font-size:14.0pt"><span style="font-family:&quot;Arial&quot;,&quot;sans-serif&quot;">Finance Minister Janardan Sharma had assured to correct the unequal tax rates but failed to keep his words. As a result, around 1,500 workers have become unemployed due to the faulty decision of the government.</span></span></span></span></p>

<p><span style="font-size:11pt"><span style="font-family:Calibri,&quot;sans-serif&quot;"><span style="font-size:14.0pt"><span style="font-family:&quot;Arial&quot;,&quot;sans-serif&quot;">According to the industrialists, Hulas Wire, Aarti Wire, Arihant Wire Industry, Kamala Wire, Premier Wire and Pioneer Wire Pvt. Ltd. of Sunsari-Morang Industrial Corridor have been closed.</span></span></span></span></p>

<p><span style="font-size:11pt"><span style="font-family:Calibri,&quot;sans-serif&quot;"><span style="font-size:14.0pt"><span style="font-family:&quot;Arial&quot;,&quot;sans-serif&quot;">Pawan Sharda, director of Premier Steel and member of the Constituent Assembly, said that the government is not ready to correct the unequal tax rates. It shows that the government is not in favor of the industry. </span></span></span></span></p>

<p><span style="font-size:11pt"><span style="font-family:Calibri,&quot;sans-serif&quot;"><span style="font-size:14.0pt"><span style="font-family:&quot;Arial&quot;,&quot;sans-serif&quot;">&ldquo;The government does not want jobs to be created in the country. Otherwise why could the promise made by the minister not be fulfilled on time and the industry had to be closed today?&rdquo; he questioned.</span></span></span></span></p>

<p><span style="font-size:11pt"><span style="font-family:Calibri,&quot;sans-serif&quot;"><span style="font-size:14.0pt"><span style="font-family:&quot;Arial&quot;,&quot;sans-serif&quot;">Sharda said that the industries have posted notices informing about their closure and the labor office has been informed about it. He added that the wrong policy of the government resulted in unemployment of 1,500 people. He claimed that the industries will incur monthly loss of Rs 1 million to Rs 1.5 million even if the industries remain closed. Sharda says that even if the government fixes the tax rate and tells them to start the industry, it will take 2 months to reopen the industries.</span></span></span></span></p>

<p><span style="font-size:11pt"><span style="font-family:Calibri,&quot;sans-serif&quot;"><span style="font-size:14.0pt"><span style="font-family:&quot;Arial&quot;,&quot;sans-serif&quot;">Through the budget announced for the current fiscal year, Finance Minister Sharma had increased the customs duty on mild steel (MS) wire rod, the raw material required for this industry from 5 to 10 percent. Excise duty was changed from Rs 2.50 to Rs 4.50 per kg. India also started levying a 15 percent duty on the export of MS wire to protect its industry.</span></span></span></span></p>

<p><span style="font-size:11pt"><span style="font-family:Calibri,&quot;sans-serif&quot;"><span style="font-size:14.0pt"><span style="font-family:&quot;Arial&quot;,&quot;sans-serif&quot;">Anil Sharda, general secretary of Chamber of Industries, Morang and owner of Pioneer Wire said that they had to pay 29.5 percent of import duty in total after adding India&#39;s export duty along with Nepal&#39;s import duty and excise duty on the import of MS wire. </span></span></span></span></p>

<p><span style="font-size:11pt"><span style="font-family:Calibri,&quot;sans-serif&quot;"><span style="font-size:14.0pt"><span style="font-family:&quot;Arial&quot;,&quot;sans-serif&quot;">On the other hand, GI wire produced from the same MS wire rod can be imported from India by paying 16 percent revenue under the SAFTA facility.</span></span></span></span></p>

<p><span style="font-size:11pt"><span style="font-family:Calibri,&quot;sans-serif&quot;"><span style="font-size:14.0pt"><span style="font-family:&quot;Arial&quot;,&quot;sans-serif&quot;">Suysha Raj Pyakurel, president of the chamber, said that GI wire export dropped from 22,740 metric tons in the year 2018/19 to 672 tons in the year 2021/22 due to the additional excise duty imposed by the government.</span></span></span></span></p>

<p><span style="font-size:11pt"><span style="font-family:Calibri,&quot;sans-serif&quot;"><span style="font-size:14.0pt"><span style="font-family:&quot;Arial&quot;,&quot;sans-serif&quot;">According to Payakurel, after Sharma was reinstated as the Finance Minister, he had given verbal assurance to remove the unequal tax rates soon.</span></span></span></span></p>

<p><span style="font-size:11pt"><span style="font-family:Calibri,&quot;sans-serif&quot;"><span style="font-size:14.0pt"><span style="font-family:&quot;Arial&quot;,&quot;sans-serif&quot;">Naveen Rijal, president of the Morang Merchants Association, said that six large wire industries and 40 small industries dependent on them closed due to failure to fulfill the assurance given by Finance Minister Sharma. Yukti Golchha, owner and managing director of Hulas Wire said that the factory producing 150 tons of GI wire per day has been closed as well.</span></span></span></span></p>

<p>&nbsp;</p>
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	(int) 8 => array(
		'Article' => array(
			'id' => '15807',
			'article_category_id' => '1',
			'title' => 'Average Consumer Price Inflation Stands at 6.32 Percent during Last Fiscal Year',
			'sub_title' => '',
			'summary' => 'August 17: The year-on-year consumer price inflation stood at 8.08 percent in mid-July 2022 compared to 4.19 percent a year ago. ',
			'content' => '<p><span style="font-size:18px">August 17: The year-on-year consumer price inflation stood at 8.08 percent in mid-July 2022 compared to 4.19 percent a year ago. According to Nepal Rastra Bank, global rise in fuel and food prices, supply chain disruptions and devaluation of Nepalese currency with US dollar contributed to build up inflationary pressures during the second half of Fiscal Year 2021/22.<br />
However, due to low level of inflation during initial months, the annual average consumer price inflation remained at 6.32 percent during the last fiscal year compared to 3.60 percent in FY 2020/2021, states the Current Macroeconomic and Financial Situation Report released by the central bank on Tuesday.&nbsp;<br />
According to the report, the prices of ghee and oil, pulses and legumes, tobacco products and alcoholic drinks sub-categories rose by 26.13 percent, 9.92 percent, 9.84 percent and 8.57 percent respectively on annual basis under the Food and Beverage category.&nbsp;<br />
Likewise, under the non-food and services category, the prices of transportation, education, furnishing and household equipment and recreation and culture sub-categories rose by 15.82 percent, 8.78 percent, 7.09 percent and 6.68 percent respectively on annual basis.&nbsp;<br />
The annual average food and beverage inflation stood at 5.69 percent in FY 2021/22 compared to 5.00 percent a year ago. The y-o-y food and beverage inflation stood at 6.89 percent in mid-July 2022 compared to 5.81 percent a year ago.&nbsp;<br />
Similarly, &nbsp;the annual average non-food and services inflation stood at 6.83 percent in FY 2021/22 compared to 2.51 percent a year ago. The y-o-y non-food and services inflation stood at 9.03 percent in mid-July 2022 compared to 2.94 percent a year ago.&nbsp;</span></p>
',
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			'keywords' => '',
			'description' => '',
			'sortorder' => '15548',
			'image' => '20220817013642_Inflation.jpg',
			'article_date' => '2022-08-17 13:35:32',
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	(int) 9 => array(
		'Article' => array(
			'id' => '15805',
			'article_category_id' => '1',
			'title' => 'Service Sector to Contribute 61 Percent to Economic Growth in FY 2021/22',
			'sub_title' => '',
			'summary' => 'August 17: The Central Bureau of Statistics (CBS) has estimated economic growth of 5.84 percent for the Fiscal Year 2021/22. ',
			'content' => '<p><span style="font-size:18px"><span style="font-family:Calibri,&quot;sans-serif&quot;">August 17: The Central Bureau of Statistics (CBS) has estimated economic growth of 5.84 percent for the Fiscal Year 2021/22. Agriculture, industry and service sectors are estimated to grow 2.30 percent, 10.19 percent and 5.93 percent respectively, according to the latest report released by Nepal Rastra Bank.</span></span></p>

<p><span style="font-size:18px"><span style="font-family:Calibri,&quot;sans-serif&quot;">The Current Macroeconomic and Financial Situation Report released by the central bank on Tuesday states that the share of agriculture, industry and service sectors in GDP in FY 2021/22 stands at 23.95 percent, 14.29 percent and 61.76 percent respectively.</span></span></p>

<p><span style="font-size:18px"><span style="font-family:Calibri,&quot;sans-serif&quot;">According to the report, gross domestic saving to GDP stands at 9.27 percent in FY 2021/22. The ratio of gross fixed capital formation and gross national saving to GDP stands at 29.37 percent and 31.95 percent respectively. </span></span></p>

<p><span style="font-size:18px"><span style="font-family:Calibri,&quot;sans-serif&quot;">Likewise, the installed capacity of electricity increased to 2189.6 Megawatt during the review year, which consists of 2075.4 Megawatts of hydro electricity, 54.8 Megawatts of solar electricity, 6.0 Megawatts of cogeneration and 53.4 Megawatts of thermal electricity.</span></span></p>

<p><span style="font-size:18px"><span style="font-family:Calibri,&quot;sans-serif&quot;">The total number of tourist arrivals increased significantly to 3,70,906 in FY 2021/22, which was 70,123 in the previous fiscal year, the report added.</span></span></p>
',
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			'article_date' => '2022-08-17 12:37:52',
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	(int) 10 => array(
		'Article' => array(
			'id' => '15804',
			'article_category_id' => '1',
			'title' => 'Central Bank Toughens Measures on Foreign Currency Exchange   ',
			'sub_title' => '',
			'summary' => 'August 17: Nepal Rastra Bank (NRB) has tightened the facility provided for foreign currency exchange for import and export of goods. ',
			'content' => '<p><span style="font-size:18px"><span style="font-family:Calibri,&quot;sans-serif&quot;">August 17: Nepal Rastra Bank (NRB) has tightened the facility provided for foreign currency exchange for import and export of goods. The central bank made such arrangement in a bid to toughen its stance against trade-based money laundering that can be promoted through import and export, reads a notice issued by the central bank.&nbsp;&nbsp;&nbsp;&nbsp; </span></span></p>

<p><span style="font-size:18px"><span style="font-family:Calibri,&quot;sans-serif&quot;">Issuing an amended version of the Unified Directive on Tuesday, the central bank ordered the licensed banks and financial institutions (BFIs) to formulate necessary work procedure to discourage money laundering.&nbsp;&nbsp;&nbsp;&nbsp; </span></span></p>

<p><span style="font-size:18px"><span style="font-family:Calibri,&quot;sans-serif&quot;">The Unified Directive states that an internal mechanism will be created to deal with money laundering and the exchange facility can be provided if it is found realistic after comparative analysis between the prices of goods in the international market (proforma invoice).&nbsp;&nbsp;&nbsp;&nbsp; </span></span></p>

<p><span style="font-size:18px"><span style="font-family:Calibri,&quot;sans-serif&quot;">The central bank placed tough measures after the importers were found stating one thing in document and another in practice while importing goods and increasing transactions in foreign currency, the state-owned national news agency RSS reported.</span></span></p>

<p><span style="font-size:18px"><span style="font-family:Calibri,&quot;sans-serif&quot;">Meanwhile, the central bank through the Unified Directive has also increased the daily limit of remittance inflow into the country through authorized companies. </span></span></p>

<p><span style="font-size:18px"><span style="font-family:Calibri,&quot;sans-serif&quot;">As per the new provision, registered companies can deposit remittance up to Rs 1.5 million in the bank accounts of the beneficiary on a daily basis. Prior to this, the maximum limit of remittance inflow was Rs 1 million per day.</span></span></p>

<p><span style="font-size:18px"><span style="font-family:Calibri,&quot;sans-serif&quot;">The central bank has also instructed the remittance companies to keep records of the personal details of the people sending and receiving money as per the rules.</span></span></p>

<p><span style="font-size:18px"><span style="font-family:Calibri,&quot;sans-serif&quot;">&nbsp;&nbsp;&nbsp;&nbsp; </span></span></p>

<p>&nbsp;</p>
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	(int) 11 => array(
		'Article' => array(
			'id' => '15806',
			'article_category_id' => '1',
			'title' => 'New Business Age to Award Best Business Schools Today',
			'sub_title' => '',
			'summary' => 'August 17: New Business Age Pvt Ltd is organizing the sixth edition of the Newbiz B-Schools Ratings, Ranking and Awards today.',
			'content' => '<p><span style="font-size:12pt"><span style="font-family:&quot;Times New Roman&quot;,&quot;serif&quot;"><span style="font-size:14.0pt"><span style="font-family:&quot;Arial&quot;,&quot;sans-serif&quot;">August 17: New Business Age Pvt Ltd is organizing the sixth edition of the Newbiz B-Schools Ratings, Ranking and Awards today.</span></span></span></span></p>

<p><span style="font-size:12pt"><span style="font-family:&quot;Times New Roman&quot;,&quot;serif&quot;"><span style="font-size:14.0pt"><span style="font-family:&quot;Arial&quot;,&quot;sans-serif&quot;">According to the organizers, the best colleges will be awarded in four different categories from among more than 2,300 business schools across the country.</span></span></span></span></p>

<p><span style="font-size:12pt"><span style="font-family:&quot;Times New Roman&quot;,&quot;serif&quot;"><span style="font-size:14.0pt"><span style="font-family:&quot;Arial&quot;,&quot;sans-serif&quot;">A total of 16 colleges will be awarded in four different categories during the award distribution ceremony to be held at 4 pm today afternoon (August 17). The organizers informed that three best colleges for MBA/MBS, three each for BBA/BBS, three best colleges for BHM and one college from each of the seven provinces will be honored during the event.</span></span></span></span></p>

<p><span style="font-size:12pt"><span style="font-family:&quot;Times New Roman&quot;,&quot;serif&quot;"><span style="font-size:14.0pt"><span style="font-family:&quot;Arial&quot;,&quot;sans-serif&quot;">Among them, one best college in the first three categories will be given trophies and certificates, while certificates will be distributed to the second and third-position holders.</span></span></span></span></p>

<p><span style="font-size:12pt"><span style="font-family:&quot;Times New Roman&quot;,&quot;serif&quot;"><span style="font-size:14.0pt"><span style="font-family:&quot;Arial&quot;,&quot;sans-serif&quot;">Similarly, certificates will be given to the best colleges in each province.</span></span></span></span></p>

<p><span style="font-size:12pt"><span style="font-family:&quot;Times New Roman&quot;,&quot;serif&quot;"><span style="font-size:14.0pt"><span style="font-family:&quot;Arial&quot;,&quot;sans-serif&quot;">A panel discussion among experts on the topic of &#39;Future of Management Education&#39; is also scheduled during the programme.</span></span></span></span></p>

<p><span style="font-size:12pt"><span style="font-family:&quot;Times New Roman&quot;,&quot;serif&quot;"><span style="font-size:14.0pt"><span style="font-family:&quot;Arial&quot;,&quot;sans-serif&quot;">An independent jury consisting of experts from various fields have selected the best school after phase-wise evaluation. According to the jury, 602 out of 2,300 schools were shortlisted based on the website of the schools.</span></span></span></span></p>

<p><span style="font-size:12pt"><span style="font-family:&quot;Times New Roman&quot;,&quot;serif&quot;"><span style="font-size:14.0pt"><span style="font-family:&quot;Arial&quot;,&quot;sans-serif&quot;">Around 300 schools were selected in the second stage based on the school&#39;s mission, vision and slogan. A total of 57 schools were selected in the third round on the basis of five years of operation.</span></span></span></span></p>

<p><span style="font-size:12pt"><span style="font-family:&quot;Times New Roman&quot;,&quot;serif&quot;"><span style="font-size:14.0pt"><span style="font-family:&quot;Arial&quot;,&quot;sans-serif&quot;">According to the jury, quality and standard, educational infrastructure, quality of academic activities, student-led activities, entrepreneurship promotion programme, relationship with real professional organizations, and employment opportunities were taken into consideration while selecting the school for the awards.</span></span></span></span></p>

<p><span style="font-size:12pt"><span style="font-family:&quot;Times New Roman&quot;,&quot;serif&quot;"><span style="font-size:14.0pt"><span style="font-family:&quot;Arial&quot;,&quot;sans-serif&quot;">The main sponsor of the program is Prabhu Bank Limited, while Yamaha, Mahalaxmi Bikas Bank Ltd, Tata Nexon, Everest Bank, Hama Steel, United Insurance, DishHome Fiber Net and Nepali Patro are the co-sponsors of the event.</span></span></span></span></p>

<p>&nbsp;</p>
',
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	(int) 12 => array(
		'Article' => array(
			'id' => '15803',
			'article_category_id' => '1',
			'title' => 'Biratnagar High Court Orders not to Open the Seals put on Betel Nuts by Indian Customs',
			'sub_title' => '',
			'summary' => 'August 16: Biratnagar High Court has ordered the concerned bodies not to open the seal placed by the Indian customs on the truck carrying betel nuts that was impounded by the police on suspicion of carrying illegal goods ',
			'content' => '<p><span style="font-size:11pt"><span style="font-family:Calibri,&quot;sans-serif&quot;"><span style="font-family:&quot;Arial&quot;,&quot;sans-serif&quot;">August 16: Biratnagar High Court has ordered the concerned bodies not to open the seal placed by the Indian customs on the truck carrying betel nuts that was impounded by the police on suspicion of carrying illegal goods and handed over to the Revenue Investigation Office, Itahari.&nbsp; The court has also ordered to bring both parties together for discussion on Tuesday (today).</span></span></span></p>

<p><span style="font-size:11pt"><span style="font-family:Calibri,&quot;sans-serif&quot;"><span style="font-family:&quot;Arial&quot;,&quot;sans-serif&quot;">The&nbsp;Indian customs had checked and sealed the betel nuts carrying vehicle which being to India using the route of Nepal but was arrested by the police and handed over to the revenue investigation office.</span></span></span></p>

<p><span style="font-size:11pt"><span style="font-family:Calibri,&quot;sans-serif&quot;"><span style="font-family:&quot;Arial&quot;,&quot;sans-serif&quot;">The high court issued the order in response to a case filed by Navin Ghimire, the owner of exporter company Mankamana Traders.</span></span></span></p>

<p><span style="font-size:11pt"><span style="font-family:Calibri,&quot;sans-serif&quot;"><span style="font-family:&quot;Arial&quot;,&quot;sans-serif&quot;">Morang police seized the betel nuts on July 20 and handed it over to the Revenue Investigation Office, Itahari July 23.&nbsp; Ghimire, the exporter, filed a writ in the High Court last Thursday, against the District Police Office Morang, Customs Department, Customs Office Biratnagar and Revenue Investigation Office Itahari.</span></span></span></p>

<p><span style="font-size:11pt"><span style="font-family:Calibri,&quot;sans-serif&quot;"><span style="font-family:&quot;Arial&quot;,&quot;sans-serif&quot;">A single bench of High Court Judge Milan Kumar Rai issued the order which says, &ldquo;Considering that an interim order has also been requested in this matter, as it seems appropriate to reach a proper conclusion by bringing together both parties for discussion on 2079/04/31.</span></span></span></p>

<p><span style="font-size:11pt"><span style="font-family:Calibri,&quot;sans-serif&quot;"><span style="font-family:&quot;Arial&quot;,&quot;sans-serif&quot;">The bench also ordered not to remove the seals issued by the Jogbani Customs Office, India on the eight trucks until another decision.</span></span></span></p>

<p><span style="font-size:11pt"><span style="font-family:Calibri,&quot;sans-serif&quot;"><span style="font-family:&quot;Arial&quot;,&quot;sans-serif&quot;">Senior advocate Ramesh Koirala and another advocate Dilliram Ghimire had argued on behalf of Manakamana Traders.&nbsp; Director General of Revenue Investigation Department Jhalakram Adhikari is saying that he and his office cannot open the seals imposed by Indian Customs.&nbsp; The betel nut destined for export has been on the premises of Revenue Research Office Itahari since July 23.</span></span></span></p>

<p>&nbsp;</p>
',
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	(int) 13 => array(
		'Article' => array(
			'id' => '15802',
			'article_category_id' => '1',
			'title' => 'Girl Students Attracted towards Technical Education in Myagdi',
			'sub_title' => '',
			'summary' => 'August 16: Students from 12 districts have arrived at Shree Kisani Agriculture Technical School in Malika Rural Municipality-7 of Myagdi to study agricultural subjects.',
			'content' => '<p><span style="font-size:11pt"><span style="font-family:Calibri,&quot;sans-serif&quot;"><span style="font-size:14.0pt"><span style="font-family:&quot;Arial&quot;,&quot;sans-serif&quot;">August 16: Students from 12 districts have arrived at Shree Kisani Agriculture Technical School in Malika Rural Municipality-7 of Myagdi to study agricultural subjects. The technical education school, which was established in 2011, has produced more than 500 agricultural technicians in 11 years. In addition, the school also said that it has made a significant achievement in the physical infrastructure recently.</span></span></span></span></p>

<p><span style="font-size:11pt"><span style="font-family:Calibri,&quot;sans-serif&quot;"><span style="font-size:14.0pt"><span style="font-family:&quot;Arial&quot;,&quot;sans-serif&quot;">Karan Kandel, coordinator of the school said that students are taught using the latest information and technology tools in addition to practical education by taking them to farmers&#39; fields and cattle sheds.</span></span></span></span></p>

<p><span style="font-size:11pt"><span style="font-family:Calibri,&quot;sans-serif&quot;"><span style="font-size:14.0pt"><span style="font-family:&quot;Arial&quot;,&quot;sans-serif&quot;">The statistics of the technical schools shows that there are more female students than male students. After receiving affiliation from CTEVT in 2011, the school is conducting courses for JTA of 18 months, ISc (AG) of three years (since 2017) and veterinary (medicine or treatment of animal diseases) since 2019.</span></span></span></span></p>

<p><span style="font-size:11pt"><span style="font-family:Calibri,&quot;sans-serif&quot;"><span style="font-size:14.0pt"><span style="font-family:&quot;Arial&quot;,&quot;sans-serif&quot;">Currently students from Surkhet, Jumla, Humla, Mugu, Kailali, Chitwan, Kaski, Baglung, Myagdi and other districts have come to study in the school.</span></span></span></span></p>

<p><span style="font-size:11pt"><span style="font-family:Calibri,&quot;sans-serif&quot;"><span style="font-size:14.0pt"><span style="font-family:&quot;Arial&quot;,&quot;sans-serif&quot;">According to coordinator Kandel, currently 141 students from different districts are studying in the school including 90 female students and 51 male students. Among the students, 141 students are studying agriculture and animal science including 51 pursuing diploma in agriculture, 60 seeking diploma in livestock and 30 undergoing pre-diploma. Coordinator Kandel informed that the number of students is increasing because they can get quality education with residential facilities for just Rs 5,000 per month.</span></span></span></span></p>

<p>&nbsp;</p>
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			'title' => 'MCA Nepal to Spend Rs 8.5 Billion on MCC Project this Year',
			'sub_title' => '',
			'summary' => 'August 16: The Millennium Challenge Account (MCA) Nepal is preparing to spend more than Rs 8.5 billion on electricity and road infrastructures under the Millennium Challenge Corporation (MCC)',
			'content' => '<p><span style="font-size:11pt"><span style="font-family:Calibri,&quot;sans-serif&quot;"><span style="font-size:14.0pt"><span style="font-family:&quot;Arial&quot;,&quot;sans-serif&quot;">August 16: The Millennium Challenge Account (MCA) Nepal is preparing to spend more than Rs 8.5 billion on electricity and road infrastructures under the Millennium Challenge Corporation (MCC) funded by the US government in the current fiscal year (FY 2022/23).</span></span></span></span></p>

<p><span style="font-size:11pt"><span style="font-family:Calibri,&quot;sans-serif&quot;"><span style="font-size:14.0pt"><span style="font-family:&quot;Arial&quot;,&quot;sans-serif&quot;">According to MCA Nepal, Rs 7.57 billion will be spent on the road maintenance project and Rs 1.7 billion on the power transmission line project. The budget allocated for the projects under the MCC for the current year is Rs 9.27 billion. Out of the allocated budget, Rs 8.91 billion will be in the form of US grant. </span></span></span></span></p>

<p><span style="font-size:11pt"><span style="font-family:Calibri,&quot;sans-serif&quot;"><span style="font-size:14.0pt"><span style="font-family:&quot;Arial&quot;,&quot;sans-serif&quot;">According to the Ministry of Finance, the Government of Nepal will contribute Rs 365.6 million from its own sources for those project this year. Most of the amount allocated for this project will be spent for capital expenditure.</span></span></span></span></p>

<p><span style="font-size:11pt"><span style="font-family:Calibri,&quot;sans-serif&quot;"><span style="font-size:14.0pt"><span style="font-family:&quot;Arial&quot;,&quot;sans-serif&quot;">The MCC&#39;s goal is to construct a 315 km long 400 kV power transmission line and three 400 kV substations and to repair and expand 77 km of roads using new technology. To achieve this goal, the project is being implemented this year after it was endorsed by the parliament during the last fiscal year.</span></span></span></span></p>

<p><span style="font-size:11pt"><span style="font-family:Calibri,&quot;sans-serif&quot;"><span style="font-size:14.0pt"><span style="font-family:&quot;Arial&quot;,&quot;sans-serif&quot;">According to MCA Nepal, it will build a high voltage grid which is currently lacking in Nepal. The transmission line will pass through 18 rural municipalities, 11 municipalities and one sub-metropolitan city in Kathmandu, Sindhupalchok, Nuwakot, Dhading, Chitwan, Makwanpur, Tanahun, Palpa, Nawalpur and Parasi in three provinces - Bagmati, Gandaki and Lumbini.</span></span></span></span></p>

<p><span style="font-size:11pt"><span style="font-family:Calibri,&quot;sans-serif&quot;"><span style="font-size:14.0pt"><span style="font-family:&quot;Arial&quot;,&quot;sans-serif&quot;">Three new 400 kV indoor gas substations are being built for the power transmission line project. Ratmate substation will be constructed in Belkotgarhi Municipality of Nuwakot district, Damauli substation in Damauli of Tanahun district and Butwal substation in Bhumhi of Parasi district. In addition to these three substations, the transmission line under MCC will also be connected to Lapsiphedi and Nepal Electricity Authority&#39;s new Hetauda substation.</span></span></span></span></p>

<p><span style="font-size:11pt"><span style="font-family:Calibri,&quot;sans-serif&quot;"><span style="font-size:14.0pt"><span style="font-family:&quot;Arial&quot;,&quot;sans-serif&quot;">MCA Nepal&rsquo;s Executive Director Khadga Bahadur Bista said that the process of land acquisition, approval for cutting down trees, environmental impact assessment (EIA), preparation for tender documents, and the tender process are currently underway in order to start the construction of these projects.</span></span></span></span></p>

<p><span style="font-size:11pt"><span style="font-family:Calibri,&quot;sans-serif&quot;"><strong>&nbsp;</strong></span></span></p>

<p><span style="font-size:11pt"><span style="font-family:Calibri,&quot;sans-serif&quot;"><span style="font-size:14.0pt"><span style="font-family:&quot;Arial&quot;,&quot;sans-serif&quot;">According to Bista, the MCC will be spending money on the road maintenance project to improve the quality of Nepal&#39;s strategic road network. The project will serve as an example to allocate budget for periodic maintenance of the country&#39;s strategic road network. For that purpose, a matching fund of USD 52.22 million has been allocated.</span></span></span></span></p>

<p><span style="font-size:11pt"><span style="font-family:Calibri,&quot;sans-serif&quot;"><span style="font-size:14.0pt"><span style="font-family:&quot;Arial&quot;,&quot;sans-serif&quot;">According to MCA Nepal, under the road maintenance project, around 77 kilometres of road will be upgraded using state-of-the-art technology.</span></span></span></span></p>

<p><span style="font-size:11pt"><span style="font-family:Calibri,&quot;sans-serif&quot;"><span style="font-size:14.0pt"><span style="font-family:&quot;Arial&quot;,&quot;sans-serif&quot;">Under the project, 40 kilometres from Dhankhola to Lamhi and 37 kilometres from Lamhi to Shivkhola will be renovated.</span></span></span></span></p>

<p>&nbsp;</p>
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			'title' => '7.8 Percent Population at Risk of Severe Food Crisis in Nepal despite Sufficient Reserve   ',
			'sub_title' => '',
			'summary' => 'August 18: Data show that the country has sufficient food reserve, but food imbalance due to disproportionate production and distribution poses a threat to food security in Nepal with 7.8 percent population at risk of severe food crisis.  ',
			'content' => '<p><span style="font-size:18px"><span style="font-family:Calibri,&quot;sans-serif&quot;"><span style="font-family:&quot;Arial Unicode MS&quot;,&quot;sans-serif&quot;">August 18: Data show that the country has sufficient food reserve, but food imbalance due to disproportionate production and distribution poses a threat to food security in Nepal with 7.8 percent population at risk of severe food crisis.&nbsp;&nbsp;&nbsp;&nbsp; </span><br />
<span style="font-family:&quot;Arial Unicode MS&quot;,&quot;sans-serif&quot;">Minister for Agriculture and Livestock Development Mrigendra Singh Yadav said the existing food reserve is sufficient to meet the average daily food requirements for Nepalis, but still the risk of food insecurity prevails.&nbsp;&nbsp;&nbsp;&nbsp; </span><br />
<span style="font-family:&quot;Arial Unicode MS&quot;,&quot;sans-serif&quot;">He was presenting the fact during a seminar entitled &#39;Food Security in Nepal&#39; jointly organised by the National Security Council and the Nepalese Army.&nbsp;&nbsp;&nbsp;&nbsp; </span><br />
<span style="font-family:&quot;Arial Unicode MS&quot;,&quot;sans-serif&quot;">According to him, food intake habits and culture, people&#39;s unequal access to food, food inaccessibility, lack of quality food, natural disasters and consequences, impact of climate change, artificial food shortage, COVID-19 and fluctuations of food prices in the national and international markets have posed uncertainty in the domestic food supply chain.&nbsp;&nbsp;&nbsp;&nbsp; </span><br />
<span style="font-family:&quot;Arial Unicode MS&quot;,&quot;sans-serif&quot;">Likewise, an exodus of youth force from the agricultural activities, pesticides attacks on crops and the increasing size of uncultivated land are additional challenges for keeping food security intact.&nbsp;&nbsp;&nbsp;&nbsp; </span><br />
<span style="font-family:&quot;Arial Unicode MS&quot;,&quot;sans-serif&quot;">According to the World Food Summit 1996, food security exists when all people, at all times, have physical, social and economic access to sufficient, safe and nutritious food that meets their dietary needs and food preferences for an active and healthy life.&nbsp;&nbsp;&nbsp;&nbsp; </span><br />
<span style="font-family:&quot;Arial Unicode MS&quot;,&quot;sans-serif&quot;">The World Bank defines the situation when the calorie intake remains under 1,800 per day per person as severe food insecurity and according to the WB definition, 7.8 percent of total population face a greater risk of severe food insecurity in Nepal.&nbsp;&nbsp;&nbsp;&nbsp; </span><br />
<span style="font-family:&quot;Arial Unicode MS&quot;,&quot;sans-serif&quot;">An adult with normal health condition requires an intake of 2,200 calorie each day for an active life and the calorie consumption mainly depends on the availability of food.&nbsp;&nbsp;&nbsp;&nbsp; </span><br />
<span style="font-family:&quot;Arial Unicode MS&quot;,&quot;sans-serif&quot;">The 15th five-year plan in Nepal states that 21 percent population in Nepal has still no access to sufficient food. It says that only 48.2 percent of the households are basically food secure.&nbsp;&nbsp;&nbsp;&nbsp; </span><br />
<span style="font-family:&quot;Arial Unicode MS&quot;,&quot;sans-serif&quot;">The government data show that during the last fiscal year (2021/22), the food production in the country was 369 kilos per person and it was estimated to be 257 kilos after deducting seeds, preservation for animal feed and the loss during post-harvest stage.&nbsp;&nbsp;&nbsp;&nbsp; </span><br />
<span style="font-family:&quot;Arial Unicode MS&quot;,&quot;sans-serif&quot;">The figure suggests the food production is enough to meet the daily minimum food requirements of the people.&nbsp;&nbsp;&nbsp;&nbsp; </span><br />
<span style="font-family:&quot;Arial Unicode MS&quot;,&quot;sans-serif&quot;">During the review year, the annual food production in the country was 10. 77 million &nbsp;metric tonnes and it was around 7,530,000 metric tonnes after deducing the seeds, livestock preservation and post-harvest stage loss.&nbsp;&nbsp;&nbsp;&nbsp; </span><br />
<span style="font-family:&quot;Arial Unicode MS&quot;,&quot;sans-serif&quot;">The report says that Nepal needs around 5. 86 million metric tonnes of processed food to meet the food requirements of its population.&nbsp;&nbsp;&nbsp;&nbsp; </span><br />
<span style="font-family:&quot;Arial Unicode MS&quot;,&quot;sans-serif&quot;">On the occasion, the minister said, &quot;The data about the availability of the food shows the quantity of food reserve is approximately 1,663,000 metric tons. Despite the food reserve at the national level, at the household level, around 21 still face the situation forcing them to limit their daily calorie intake below the requirements.&rdquo;</span></span></span></p>

<p><span style="font-size:18px"><span style="font-family:Calibri,&quot;sans-serif&quot;"><span style="font-family:&quot;Arial Unicode MS&quot;,&quot;sans-serif&quot;">According to the minister, &nbsp;imbalanced production and distribution is likely to push around 20 districts at the risk of food insecurity.&nbsp;&nbsp;&nbsp;&nbsp; </span><br />
<span style="font-family:&quot;Arial Unicode MS&quot;,&quot;sans-serif&quot;">The time analysis of the past one decade shows that food reserve in the nation is good, except in the year 2015 that witnessed the major earthquake.&nbsp;&nbsp;&nbsp;&nbsp; </span><br />
<span style="font-family:&quot;Arial Unicode MS&quot;,&quot;sans-serif&quot;">The import of large quantity of rice on the other hand is unexpected. The Annual Household Survey Report, 2017 prepared by the Central Bureau of Statistics shows that the consumption of fine grain rice is on increasing trend. Domestic production of rice has not been able to meet the growing demand. However, opposed to this a large quantity of production of other cereals is being consumed. </span></span></span></p>

<p><span style="font-size:18px"><span style="font-family:Calibri,&quot;sans-serif&quot;"><span style="font-family:&quot;Arial Unicode MS&quot;,&quot;sans-serif&quot;">In terms of food and nutritional security, the contribution of crops like millet and buckwheat has still not come in the mainstream.&nbsp;&nbsp;&nbsp;&nbsp; </span><br />
<span style="font-family:&quot;Arial Unicode MS&quot;,&quot;sans-serif&quot;">Seventy-seven percent of the daily total calorie requirement of a person should be supplied through plant-based food and materials while the rest should be supplied through animals, birds and fish. But the daily calorie requirement is not according to this, the Ministry of Agriculture and Livestock Development said. It is said 87 percent of the calorie requirement per person is derived from plant-based materials and the rest is derived from milk, dairy products, meat and egg.&nbsp;&nbsp;&nbsp;&nbsp; </span><br />
<span style="font-family:&quot;Arial Unicode MS&quot;,&quot;sans-serif&quot;">Minister Yadav said that the statistics shows that from the production point of view, the country is self-sufficient on fish, meat and egg while it is close to this in milk. He reiterated that the ministry is giving special stress on food security in terms of increasing the production and supply of animal-based food for nutritional security.&nbsp;&nbsp;&nbsp;&nbsp; </span><br />
<span style="font-family:&quot;Arial Unicode MS&quot;,&quot;sans-serif&quot;">It is necessary to put in extra investment for expanding the irrigation facility, the availability of improved varieties of seeds and breeds and modernization as well as commercialization of agriculture for production growth.&nbsp;&nbsp;&nbsp;&nbsp; </span><br />
<span style="font-family:&quot;Arial Unicode MS&quot;,&quot;sans-serif&quot;">Also required is collaboration among the three tiers of the government, NGOs, private organisations and development partners for research, technology expansion and infrastructure development to face the challenges seen in the food and nutrition security, Minister Yadav pointed out.&nbsp;&nbsp;&nbsp;&nbsp; </span><br />
<span style="font-family:&quot;Arial Unicode MS&quot;,&quot;sans-serif&quot;">Defence Secretary and the National Security Council Secretariat coordinator Kiran Raj Sharma said this is the first seminar of its kind on contemporary topic. Stating that the issue of food security is not only linked to human security but is also directly linked to overall development, he said this programme has been organised in this light.&nbsp;&nbsp;&nbsp;&nbsp; </span><br />
<span style="font-family:&quot;Arial Unicode MS&quot;,&quot;sans-serif&quot;">The World Food Summit organized in 1974 had acknowledged that food is the basic requirement and stressed on maintaining a balance regarding its quantity, price and supply. The World Food Summit held in 1996 in Rome stated that it can be considered the status of food security has been achieved only if every person has physical and economic access to healthy and nutritious food as per his/her requirement.&nbsp;&nbsp;&nbsp;&nbsp; </span><br />
<span style="font-family:&quot;Arial Unicode MS&quot;,&quot;sans-serif&quot;">Secretary Sharma said it is regrettable that Nepal has not been able to produce the required quantity of food grain despite being predominantly an agrarian country. He added that a large number of populations in the country are deprived of food security due to the sustenance and traditional agriculture system, disparity in the availability and distribution of agricultural land, the complications related to the structure of cultivable land and over-dependence on import in agriculture.&nbsp;&nbsp;&nbsp;&nbsp; </span><br />
<span style="font-family:&quot;Arial Unicode MS&quot;,&quot;sans-serif&quot;">Sixty percent of the country&#39;s population is dependent on agriculture while its contribution to GDP is 32 percent. Statistics show that there is shortage of 600,000 metric tonnes of food grain in Nepal annually.&nbsp;&nbsp;&nbsp;&nbsp; </span><br />
<span style="font-family:&quot;Arial Unicode MS&quot;,&quot;sans-serif&quot;">Experts have come to the conclusion that food security in Nepal is also affected due to factors like COVID-19 pandemic, the Russia-Ukraine war and its adverse impact on the supply of food grains and fuel and the change in the policy of import and export of food grains adopted by various countries in the aftermath of the Russia-Ukraine conflict, among others. -- RSS&nbsp;&nbsp;&nbsp;&nbsp; </span></span></span><br />
&nbsp;</p>
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			'title' => 'SSF Contributors can get Special Credit Facility through Mobile App   ',
			'sub_title' => '',
			'summary' => 'August 18: Contributors to the Social Security Fund (SSF) can now avail different types of loan facilities through their mobile application.  ',
			'content' => '<p><span style="font-size:18px"><span style="font-family:Calibri,&quot;sans-serif&quot;"><span style="font-family:&quot;Arial Unicode MS&quot;,&quot;sans-serif&quot;">August 18: Contributors to the Social Security Fund (SSF) can now avail different types of loan facilities through their mobile application.&nbsp;&nbsp;&nbsp;&nbsp; </span><br />
<span style="font-family:&quot;Arial Unicode MS&quot;,&quot;sans-serif&quot;">The fund launched the app that allows the contributors to get special credit, housing loan, educational loan and social loan using the app.&nbsp;&nbsp;&nbsp;&nbsp; </span><br />
<span style="font-family:&quot;Arial Unicode MS&quot;,&quot;sans-serif&quot;">Labour Minister Sher Bahadur Kunwar launched the contributor special credit and mobile app during a programme organised at the Ministry of Labour, Employment and Social Security on Wednesday (August 17).</span><br />
<span style="font-family:&quot;Arial Unicode MS&quot;,&quot;sans-serif&quot;">On the occasion, contributors Binay Kumar Mahato and Pawan Babu Pradhan received the amount of special credit and amount of retirement service through the mobile app.&nbsp;&nbsp;&nbsp;&nbsp; </span><br />
<span style="font-family:&quot;Arial Unicode MS&quot;,&quot;sans-serif&quot;">The contributors who have been regularly contributing to the fund from mid-July 2019 can get special credit and other loan from the fund. As per the Contributors Credit Guidelines-2079, a contributor contributing to the fund continuously for three years can get such credit and loans.&nbsp;&nbsp;&nbsp;&nbsp; Around 700 contributors have now become eligible to get such facilities. Altogether 352,924 contributors are enrolled in the fund so far. A total of Rs 22.08 million have been deposited in the fund so far. The fund had started collecting such amount from Shrawan, 2076 BS (mid-July 2019). There is a provision that a contributor enrolled in the fund has to deposit 11 per cent of amount of his/her basic remuneration and the employer has to contribute 20 per cent monthly.&nbsp;&nbsp;&nbsp;&nbsp; </span><br />
<span style="font-family:&quot;Arial Unicode MS&quot;,&quot;sans-serif&quot;">Minister Kunwar directed the fund to make its service technology-friendly and urged to widen the social security coverage. -- RSS&nbsp;&nbsp; </span></span></span></p>
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			'title' => 'KUSOM, KCM and NATHM Declared Best B-school for 2022',
			'sub_title' => '16 colleges awarded under four categories during “6th Newbiz B-Schools Ratings, Ranking and Awards 2022”',
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			'content' => '<p><span style="font-size:18px"><span style="font-family:Calibri,&quot;sans-serif&quot;"><span style="font-family:&quot;Arial&quot;,&quot;sans-serif&quot;">August 17:&nbsp;Kathmandu University School of Management (KUSOM) has bagged the &ldquo;Best B-school of Nepal - MBA/MBS&rdquo; award while&nbsp;Kathmandu College of Management (KCM) and Nepal Academy of&nbsp;Tourism and Hotel Management (NATHM) have won the &ldquo;Best B-school of Nepal &ndash; BBA/BBA&rdquo; and &ldquo;Best B-school of Nepal &ndash; BHM&rdquo; awards respectively.&nbsp;</span></span></span></p>

<p><span style="font-size:18px"><span style="font-family:Calibri,&quot;sans-serif&quot;"><span style="font-family:&quot;Arial&quot;,&quot;sans-serif&quot;">They were announced winners of the sixth edition of the &ldquo;Newbiz B-School Ratings, Ranking and Awards&rdquo; amid a grand ceremony held in Kathmandu on Wednesday. Prabhu Bank is the main sponsor of the event organized by New Business Age Pvt Ltd.&nbsp;&nbsp;</span></span></span></p>

<p><span style="font-size:18px"><span style="font-family:Calibri,&quot;sans-serif&quot;"><span style="font-family:&quot;Arial&quot;,&quot;sans-serif&quot;">Yamaha, Tata Nexon, Mahalaxmi Bikas Bank Ltd, Everest Bank Ltd, Hama Steel, United Insurance, Nepali Patro, Dish Home FiberNet are other partners of the event.&nbsp;</span></span></span></p>

<p><span style="font-size:18px"><span style="font-family:Calibri,&quot;sans-serif&quot;"><span style="font-family:&quot;Arial&quot;,&quot;sans-serif&quot;">Along with the best three business schools, a total of 16 colleges were awarded in four different categories.&nbsp;&nbsp;</span></span></span></p>

<p><span style="font-size:18px"><span style="font-family:Calibri,&quot;sans-serif&quot;"><span style="font-family:&quot;Arial&quot;,&quot;sans-serif&quot;">The best three colleges under MBA/MBS, BBA/BBS and BHM categories were awarded trophies and certificates while the second and third best colleges received certificates.&nbsp;</span></span></span></p>

<p><span style="font-size:18px"><span style="font-family:Calibri,&quot;sans-serif&quot;"><span style="font-family:&quot;Arial&quot;,&quot;sans-serif&quot;">One best college from each of the seven provinces were also felicitated during the event.</span></span></span></p>

<p><span style="font-size:18px"><span style="font-family:Calibri,&quot;sans-serif&quot;"><span style="font-family:&quot;Arial&quot;,&quot;sans-serif&quot;">An independent jury consisting of experts from various fields had selected the best business schools after phase-wise evaluation, according to the organizer. A total of 602 out of 2,300 schools were shortlisted based on the website of the schools. Around 300 schools were selected in the second stage based on the schools&rsquo; mission, vision and slogan. A total of 87 schools were selected in the third round on the basis of five years of operation. Among them, 16 were awarded during the event.&nbsp;</span></span></span></p>

<p><span style="font-size:18px"><span style="font-family:Calibri,&quot;sans-serif&quot;"><span style="font-family:&quot;Arial&quot;,&quot;sans-serif&quot;">The organizer said that the annual event aims to honor business schools that have been consistently producing prospective future managers of the country.</span></span></span></p>

<p><span style="font-size:18px"><span style="font-family:Calibri,&quot;sans-serif&quot;"><span style="font-family:&quot;Arial&quot;,&quot;sans-serif&quot;">Presidential Business School was announced the &ldquo;2nd Best School of Nepal-MBA/MBS&#39;&#39; while The British College won the award of &lsquo;3rd Best B-school of Nepal-MBA/MBS&rsquo;.&nbsp;&nbsp;</span></span></span></p>

<p><span style="font-size:18px"><span style="font-family:Calibri,&quot;sans-serif&quot;"><span style="font-family:&quot;Arial&quot;,&quot;sans-serif&quot;">Toward the BBA/BBS category, Uniglobe College and Shanker Dev Campus were announced second and third best B-schools respectively for 2022.</span></span></span></p>

<p><span style="font-size:18px"><span style="font-family:Calibri,&quot;sans-serif&quot;"><span style="font-family:&quot;Arial&quot;,&quot;sans-serif&quot;">Silver Mountain School of Hotel Management was declared the &ldquo;2nd Best B-school of Nepal&rdquo; whereas Global Academy of Tourism and Hospitality was adjudged the &ldquo;3rd Best B-school of Nepal &ndash; BHM&rdquo;.</span></span></span></p>

<p><span style="font-size:18px"><span style="font-family:Calibri,&quot;sans-serif&quot;"><span style="font-family:&quot;Arial&quot;,&quot;sans-serif&quot;">According to the jury, the quality and standard, educational infrastructure, quality of academic activities, student-led activities, entrepreneurship promotion programme, relationship with real professional organizations, and employment opportunities were taken into consideration while selecting the schools for the awards.</span></span></span></p>

<p><span style="font-size:18px"><span style="font-family:Calibri,&quot;sans-serif&quot;"><span style="font-family:&quot;Arial&quot;,&quot;sans-serif&quot;">Prior to the award ceremony, a panel discussion on &ldquo;Future of Business Education&rdquo; was also organised during the event where education sector leaders highlighted the role of business schools in producing business executives and other human capital required for the country. Professor Dilli Raj Sharma, dean of the Faculty of Management at Tribhuvan University, Management Educator Professor Dr Mahendra Prasad Shrestha and Silver Mountain School of Hotel Management&rsquo;s Co-Founder Rachana Thapa were the panelists of the discussion moderated by Sabin Joshi, managing director of RB Advisory and Ednopsis Holding.&nbsp;</span></span></span></p>

<p><span style="font-size:18px"><span style="font-family:Calibri,&quot;sans-serif&quot;">&nbsp;</span></span></p>

<p><span style="font-size:18px"><span style="font-family:Calibri,&quot;sans-serif&quot;"><strong><span style="font-family:&quot;Arial&quot;,&quot;sans-serif&quot;">Seven colleges from each province felicitated</span></strong></span></span></p>

<p><span style="font-size:18px"><span style="font-family:Calibri,&quot;sans-serif&quot;"><span style="font-family:&quot;Arial&quot;,&quot;sans-serif&quot;">During the event, one college from each of the seven provinces was felicitated with the best B-school of the province award.</span></span></span></p>

<p><span style="font-size:18px"><span style="font-family:Calibri,&quot;sans-serif&quot;"><span style="font-family:&quot;Arial&quot;,&quot;sans-serif&quot;">Kailali Multiple Campus of Dhangadhi was declared the best business school of Sudur Paschim Province. Likewise, Sahara Campus won the award of the &ldquo;Best Business School &#39;&#39; of Karnali Province.</span></span></span></p>

<p><span style="font-size:18px"><span style="font-family:Calibri,&quot;sans-serif&quot;"><span style="font-family:&quot;Arial&quot;,&quot;sans-serif&quot;">In Lumbini, it was Lumbini Banijya Campus that was handed with the &ldquo;Best B School&rsquo; award. Novel Academy of Pokhara clinched the award of the &ldquo;Best B School &#39;&#39; in Gandaki Province while &ldquo;Special Recognition B School &#39;&#39; was provided to Presidency College of Management Sciences of Bharatpur in Bagamati Province.</span></span></span></p>

<p><span style="font-size:18px"><span style="font-family:Calibri,&quot;sans-serif&quot;"><span style="font-family:&quot;Arial&quot;,&quot;sans-serif&quot;">Birgunj Public College of Birgunj was honored with the &ldquo;Best B School&rdquo; in Madhesh Province while Damak Multiple Campus won the award of &nbsp;the &ldquo;Best B School&rdquo; of Province 1.&nbsp;&nbsp;</span></span></span></p>

<p><br />
&nbsp;</p>
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	(int) 3 => array(
		'Article' => array(
			'id' => '15811',
			'article_category_id' => '1',
			'title' => 'Education Experts Emphasize on Enhancing Connection between Business Schools and Industries',
			'sub_title' => 'Education sector leaders discuss ways to retain management students in the country',
			'summary' => 'August 17: Education sector leaders have underlined the need to enhance the connection between business schools and domestic industries to retain students in the country.',
			'content' => '<p><span style="font-size:18px"><span style="font-family:Calibri,&quot;sans-serif&quot;">August 17: Education sector leaders have underlined the need to enhance the connection between business schools and domestic industries to retain students in the country.</span></span></p>

<p><span style="font-size:18px"><span style="font-family:Calibri,&quot;sans-serif&quot;">Speaking at a panel discussion on &ldquo;Future of Business Education&rdquo; during 6th Newbiz B School Ratings, Ranking and Awards 2022, they said that retaining students produced by business schools of Nepal has become a major challenge faced by management education in Nepal.</span></span></p>

<p><span style="font-size:18px"><span style="font-family:Calibri,&quot;sans-serif&quot;">&ldquo;The question is not about quality, but it&rsquo;s about retention. The domestic business sector is not able to offer the competitive compensation packages that attract the human capital produced in the country,&rdquo; said Professor Dilli Raj Sharma, dean of the Faculty of Management at Tribhuvan University.&nbsp; </span></span></p>

<p><span style="font-size:18px"><span style="font-family:Calibri,&quot;sans-serif&quot;">&ldquo;There is a need for a strong tie-up between educational institutions and business groups,&rdquo; he said.</span></span></p>

<p><span style="font-size:18px"><span style="font-family:Calibri,&quot;sans-serif&quot;">Rachana Thapa, co-founder of Silver Mountain School of Hotel Management, said that the emphasis should be on research-based and student-centric education system.</span></span></p>

<p><span style="font-size:18px"><span style="font-family:Calibri,&quot;sans-serif&quot;">&ldquo;The world is a global village. People see opportunities abroad. You cannot stop them from exploring the world,&rdquo; she said. </span></span></p>

<p><span style="font-size:18px"><span style="font-family:Calibri,&quot;sans-serif&quot;">&ldquo;How to retain these people in the country? That answer is: invest in your quality and curriculum.&nbsp; Go back and revisit them. The world is changing. What was good 20 or 5 years ago may not be relevant right now,&rdquo; she said.</span></span></p>

<p><span style="font-size:18px"><span style="font-family:Calibri,&quot;sans-serif&quot;">Prof Dr Mahendra Prasad Shrestha, a management educator, called for a paradigm shift in the education system to produce good managers.</span></span></p>

<p><span style="font-size:18px"><span style="font-family:Calibri,&quot;sans-serif&quot;">&ldquo;There is no interface between the business schools and the real businesses. What sort of skills do businesses need? It is a big challenge to identify their needs and produce students that they can absorb,&rdquo; said Prof Dr Shrestha.</span></span></p>

<p><span style="font-size:18px"><span style="font-family:Calibri,&quot;sans-serif&quot;">Sabin Joshi, managing director of RB Advisory and Ednopsis Holding, said that the focus should be on improving employability rather than the education system.</span></span></p>

<p><span style="font-size:18px"><span style="font-family:Calibri,&quot;sans-serif&quot;">&ldquo;Things are changing fast and we have to change accordingly,&rdquo; he said.</span></span></p>

<p><span style="font-size:18px"><span style="font-family:Calibri,&quot;sans-serif&quot;">During the discussion, all panelists agreed that the quality of Nepal&rsquo;s business schools is up to the mark.</span></span></p>

<p><span style="font-size:18px"><span style="font-family:Calibri,&quot;sans-serif&quot;">&ldquo;Some people say that the quality of Nepal&rsquo;s business schools is not good. I partly agree to that, not fully. We have produced successful managers like Kulman Ghising and many CEOs in the banking sector who are the products of Nepal&rsquo;s business schools,&rdquo; said Management Educator Prof Dr Shrestha.</span></span></p>

<p><span style="font-size:18px"><span style="font-family:Calibri,&quot;sans-serif&quot;">TU&rsquo;s Faculty of Management&rsquo;s Dean Prof Sharma insisted that Nepal&rsquo;s curriculum and educational programmes meet international standards.</span></span></p>

<p><span style="font-size:18px"><span style="font-family:Calibri,&quot;sans-serif&quot;">&ldquo;All programmes that we are running are sellable. We are developing courses including hotel management by consulting with respective business sectors,&rdquo; he added.</span></span></p>

<p><span style="font-size:18px"><span style="font-family:Calibri,&quot;sans-serif&quot;">&nbsp;</span></span></p>

<p><span style="font-size:18px"><span style="font-family:Calibri,&quot;sans-serif&quot;">&nbsp;</span></span></p>

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<p>&nbsp;</p>
',
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	(int) 4 => array(
		'Article' => array(
			'id' => '15813',
			'article_category_id' => '1',
			'title' => 'Nepal Heading in the Right Direction, Claims NPC Vice Chair Poudel ',
			'sub_title' => '',
			'summary' => 'August 17: Dr Biswo Nath Poudel, vice-chairman of the National Planning Commission, has said that the country is heading in the right direction, albeit slowly. ',
			'content' => '<p><span style="font-size:18px"><span style="font-family:&quot;Times New Roman&quot;,&quot;serif&quot;">August 17:&nbsp;Dr Biswo Nath Poudel, vice-chairman of the National Planning Commission, has said that the country is heading in the right direction, albeit slowly.&nbsp;</span></span></p>

<p><span style="font-size:18px"><span style="font-family:&quot;Times New Roman&quot;,&quot;serif&quot;">&ldquo;The growth, the governing principles and demographic resilience are heading towards the right direction. We are making progress in various sectors. The pace may not be satisfactory, but there is progress in various key sectors,&rdquo; said Dr Poudel, adding, &ldquo;I urge the education sector to make its contribution toward this progress.&rdquo; </span></span></p>

<p><span style="font-size:18px"><span style="font-family:&quot;Times New Roman&quot;,&quot;serif&quot;">Dr Poudel made such remarks while speaking at the &ldquo;6th Newbiz B School Ratings, Ranking and Awards 2022&rdquo;.</span></span></p>

<p><span style="font-size:18px"><span style="font-family:&quot;Times New Roman&quot;,&quot;serif&quot;">Krishna Prasad Adhikari, vice president of the Confederation of Nepalese Industries (CNI), said that the situation of the country will not improve if there is no practical and quality education that guarantees the bright future for the students. </span></span></p>

<p><span style="font-size:18px"><span style="font-family:&quot;Times New Roman&quot;,&quot;serif&quot;">&ldquo;We have not been able to embrace technology in our schools and colleges,&rdquo; said Adhikari. &ldquo;Until the education sector is not changed, we cannot imagine a change in any other sector,&rdquo; he said.&nbsp;</span></span></p>

<p><span style="font-size:18px"><span style="font-family:&quot;Times New Roman&quot;,&quot;serif&quot;">Similarly, Ramesh Kumar Hamal, chairman of the Securities Board of Nepal (SEBON), said that the focus should be on attracting foreign students to study in Nepal&rsquo;s educational institutions.&nbsp;</span></span></p>

<p><span style="font-size:18px"><span style="font-family:&quot;Times New Roman&quot;,&quot;serif&quot;">&ldquo;Our Nepali students are leaving the country to study abroad or for various opportunities. If it&rsquo;s globalization, there should also be arrival of foreign students in Nepal to pursue their education,&rdquo; he said, calling for collective efforts toward that end.&nbsp;</span></span></p>

<p><span style="font-size:18px"><span style="font-family:&quot;Times New Roman&quot;,&quot;serif&quot;">Stating that the SEBON recently started issuing license to private equity and venture capital, he said that they could become a source of financing for those business students who want to become entrepreneurs and implement their business ideas.&nbsp;</span></span></p>

<p><span style="font-size:18px"><span style="font-family:&quot;Times New Roman&quot;,&quot;serif&quot;">&ldquo;We have started a process to issue license for private equity and venture capital. They provide capital and business knowledge to ideas or startups without any collateral. For business students, this can be a new opportunity,&rdquo; he added.&nbsp;</span></span></p>

<p><span style="font-size:18px"><span style="font-family:&quot;Times New Roman&quot;,&quot;serif&quot;">&nbsp;</span></span></p>

<p><span style="font-size:18px"><span style="font-family:&quot;Times New Roman&quot;,&quot;serif&quot;">&nbsp;</span></span></p>

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<p>&nbsp;</p>
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	(int) 5 => array(
		'Article' => array(
			'id' => '15809',
			'article_category_id' => '1',
			'title' => 'Newbiz B-School Ratings, Ranking and Awards Kicks Off',
			'sub_title' => '',
			'summary' => 'August 17: The sixth edition of the Newbiz B-School Ratings, Ranking and Awards has kicked off amid a programme in the capital today.',
			'content' => '<p><span style="font-size:12pt"><span style="font-family:&quot;Times New Roman&quot;,&quot;serif&quot;"><span style="font-size:14.0pt"><span style="font-family:&quot;Arial&quot;,&quot;sans-serif&quot;">August 17: The sixth edition of the Newbiz B-School&nbsp;Ratings, Ranking and Awards has kicked off amid a programme in the capital today.</span></span></span></span></p>

<p><span style="font-size:12pt"><span style="font-family:&quot;Times New Roman&quot;,&quot;serif&quot;"><span style="font-size:14.0pt"><span style="font-family:&quot;Arial&quot;,&quot;sans-serif&quot;">Speaking at the inauguration of the awards ceremony, Madan Lamsal, editor-in-chief of New Business Age, said that the country must focus on quality education at a time when our economy is driven by remittance.</span></span></span></span></p>

<p><span style="font-size:12pt"><span style="font-family:&quot;Times New Roman&quot;,&quot;serif&quot;"><span style="font-size:14.0pt"><span style="font-family:&quot;Arial&quot;,&quot;sans-serif&quot;">&ldquo;We cannot sustain our economy driven by remittance. We need capable human resources which is possible through education,&rdquo; said Lamsal, adding, &ldquo;It is the government&rsquo;s responsibility to ensure quality education so that the students of Nepal do not have to go abroad for higher education.&rdquo;</span></span></span></span></p>

<p><span style="font-size:12pt"><span style="font-family:&quot;Times New Roman&quot;,&quot;serif&quot;"><span style="font-size:14.0pt"><span style="font-family:&quot;Arial&quot;,&quot;sans-serif&quot;">According to the organizers, the best colleges will be awarded in four different categories from among more than 2,300 business schools across the country.</span></span></span></span></p>

<p><span style="font-size:12pt"><span style="font-family:&quot;Times New Roman&quot;,&quot;serif&quot;"><span style="font-size:14.0pt"><span style="font-family:&quot;Arial&quot;,&quot;sans-serif&quot;">A total of 16 colleges will be awarded in four different categories during the award distribution ceremony that started at 4 pm today afternoon (August 17). The organizers informed that three best colleges for MBA/MBS, three each for BBA/BBS, three best colleges for BHM and one college from each of the seven provinces will be honored during the event.</span></span></span></span></p>

<p><span style="font-size:12pt"><span style="font-family:&quot;Times New Roman&quot;,&quot;serif&quot;"><span style="font-size:14.0pt"><span style="font-family:&quot;Arial&quot;,&quot;sans-serif&quot;">Among them, one best college in the first three categories will be given trophies and certificates, while certificates will be distributed to the second and third-position holders.</span></span></span></span></p>

<p><span style="font-size:12pt"><span style="font-family:&quot;Times New Roman&quot;,&quot;serif&quot;"><span style="font-size:14.0pt"><span style="font-family:&quot;Arial&quot;,&quot;sans-serif&quot;">Similarly, certificates will be given to the best colleges in each province.</span></span></span></span></p>

<p><span style="font-size:12pt"><span style="font-family:&quot;Times New Roman&quot;,&quot;serif&quot;"><span style="font-size:14.0pt"><span style="font-family:&quot;Arial&quot;,&quot;sans-serif&quot;">A panel discussion among experts on the topic of &#39;Future of Management Education&#39; is also scheduled during the programme.</span></span></span></span></p>

<p><span style="font-size:12pt"><span style="font-family:&quot;Times New Roman&quot;,&quot;serif&quot;"><span style="font-size:14.0pt"><span style="font-family:&quot;Arial&quot;,&quot;sans-serif&quot;">An independent jury consisting of experts from various fields have selected the best school after phase-wise evaluation. According to the jury, 602 out of 2,300 schools were shortlisted based on the website of the schools.</span></span></span></span></p>

<p><span style="font-size:12pt"><span style="font-family:&quot;Times New Roman&quot;,&quot;serif&quot;"><span style="font-size:14.0pt"><span style="font-family:&quot;Arial&quot;,&quot;sans-serif&quot;">Around 300 schools were selected in the second stage based on the school&#39;s mission, vision and slogan. A total of 57 schools were selected in the third round on the basis of five years of operation.</span></span></span></span></p>

<p><span style="font-size:12pt"><span style="font-family:&quot;Times New Roman&quot;,&quot;serif&quot;"><span style="font-size:14.0pt"><span style="font-family:&quot;Arial&quot;,&quot;sans-serif&quot;">According to the jury, quality and standard, educational infrastructure, quality of academic activities, student-led activities, entrepreneurship promotion programme, relationship with real professional organizations, and employment opportunities were taken into consideration while selecting the school for the awards.</span></span></span></span></p>

<p><span style="font-size:12pt"><span style="font-family:&quot;Times New Roman&quot;,&quot;serif&quot;"><span style="font-size:14.0pt"><span style="font-family:&quot;Arial&quot;,&quot;sans-serif&quot;">The main sponsor of the program is Prabhu Bank Limited, while Yamaha, Mahalaxmi Bikas Bank Ltd, Tata Nexon, Everest Bank, Hama Steel, United Insurance, DishHome Fiber Net and Nepali Patro are the co-sponsors of the event.</span></span></span></span></p>

<p>&nbsp;</p>
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	(int) 6 => array(
		'Article' => array(
			'id' => '15810',
			'article_category_id' => '1',
			'title' => 'Government not Supportive Towards Innovation and Entrepreneurship ',
			'sub_title' => '',
			'summary' => 'August 17: It has been a decade since Ram Prasad Rimal and his twin brother Lakshman Prasad developed an electronic voting machine in the country.',
			'content' => '<p><span style="font-size:11pt"><span style="font-family:Calibri,&quot;sans-serif&quot;"><span style="font-size:14.0pt"><span style="font-family:&quot;Arial&quot;,&quot;sans-serif&quot;">August 17: It has been a decade since Ram Prasad Rimal and his twin brother Lakshman Prasad developed an electronic voting machine in the country.</span></span></span></span></p>

<p><span style="font-size:11pt"><span style="font-family:Calibri,&quot;sans-serif&quot;"><span style="font-size:14.0pt"><span style="font-family:&quot;Arial&quot;,&quot;sans-serif&quot;">Three major elections have been held since they developed the machine including two local level elections and one for the House of Representatives and the Provincial Assembly.</span></span></span></span></p>

<p><span style="font-size:11pt"><span style="font-family:Calibri,&quot;sans-serif&quot;"><span style="font-size:14.0pt"><span style="font-family:&quot;Arial&quot;,&quot;sans-serif&quot;">However, instead of encouraging entrepreneurship and innovation through the use of domestic products, the government and the Election Commission have been neglecting technology to the detriment of those engaged in such work. </span></span></span></span></p>

<p><span style="font-size:11pt"><span style="font-family:Calibri,&quot;sans-serif&quot;"><span style="font-size:14.0pt"><span style="font-family:&quot;Arial&quot;,&quot;sans-serif&quot;">Both these bodies are planning to continue using ballot papers which have to be imported from abroad by spending millions of rupees.</span></span></span></span></p>

<p><span style="font-size:11pt"><span style="font-family:Calibri,&quot;sans-serif&quot;"><span style="font-size:14.0pt"><span style="font-family:&quot;Arial&quot;,&quot;sans-serif&quot;">There is no need to doubt the reliability of the machine developed by the twin brothers. Using the same voting machine, 100 internal elections of political parties including CPN-UML, RPP and other organizations have been completed flawlessly. In addition, engineering students who design and develop hardware and software for various types of machines have also used the same machine during the elections of student unions.</span></span></span></span></p>

<p><span style="font-size:11pt"><span style="font-family:Calibri,&quot;sans-serif&quot;"><span style="font-size:14.0pt"><span style="font-family:&quot;Arial&quot;,&quot;sans-serif&quot;">Ram Lakshman&#39;s machine was used during the voting of the last union election at Pulchowk Campus.</span></span></span></span></p>

<p><span style="font-size:11pt"><span style="font-family:Calibri,&quot;sans-serif&quot;"><span style="font-size:14.0pt"><span style="font-family:&quot;Arial&quot;,&quot;sans-serif&quot;">Elections of Nepal Chartered Accountants Association, Rotary Club, a prestigious organization of international level, etc. have also been completed with the voting machine prepared by Ram Lakshman&#39;s company Ram Lakshman Innovations Pvt Ltd.</span></span></span></span></p>

<p><span style="font-size:11pt"><span style="font-family:Calibri,&quot;sans-serif&quot;"><strong>&nbsp;</strong></span></span></p>

<p><span style="font-size:11pt"><span style="font-family:Calibri,&quot;sans-serif&quot;"><span style="font-size:14.0pt"><span style="font-family:&quot;Arial&quot;,&quot;sans-serif&quot;">According to them, the Election Commission during a demonstration had said it would be easier for them to accept the machine if was used in the voting of an organization. Then they started using the machine in the elections of various organizations.</span></span></span></span></p>

<p><span style="font-size:11pt"><span style="font-family:Calibri,&quot;sans-serif&quot;"><span style="font-size:14.0pt"><span style="font-family:&quot;Arial&quot;,&quot;sans-serif&quot;">Dozens of political parties and their sister organizations and other organizations successfully used the machine. Then they again went to the Election Commission but the commission is not yet ready to accept it.</span></span></span></span></p>

<p><span style="font-size:11pt"><span style="font-family:Calibri,&quot;sans-serif&quot;"><span style="font-size:14.0pt"><span style="font-family:&quot;Arial&quot;,&quot;sans-serif&quot;">&ldquo;They neither accept it nor reject it,&rdquo; rued the Rimal brothers.</span></span></span></span></p>

<p><span style="font-size:11pt"><span style="font-family:Calibri,&quot;sans-serif&quot;"><span style="font-size:14.0pt"><span style="font-family:&quot;Arial&quot;,&quot;sans-serif&quot;">The voting machine manufactured in Nepal has already been certified at the international level. The digital certificate issued by the Certification Office of the Government of Nepal has also confirmed that the software of the machine is safe.</span></span></span></span></p>

<p><span style="font-size:11pt"><span style="font-family:Calibri,&quot;sans-serif&quot;"><span style="font-size:14.0pt"><span style="font-family:&quot;Arial&quot;,&quot;sans-serif&quot;">Ram Lakshman also clarified that they are not looking for profit. They say that if the government produces the machine, they are ready to provide all kind of support and let them use it without royalty.</span></span></span></span></p>

<p><span style="font-size:11pt"><span style="font-family:Calibri,&quot;sans-serif&quot;"><strong>&nbsp;</strong></span></span></p>

<p><span style="font-size:11pt"><span style="font-family:Calibri,&quot;sans-serif&quot;"><strong>&nbsp;</strong></span></span></p>

<p><span style="font-size:11pt"><span style="font-family:Calibri,&quot;sans-serif&quot;"><strong>&nbsp;</strong></span></span></p>

<p><span style="font-size:11pt"><span style="font-family:Calibri,&quot;sans-serif&quot;"><strong>&nbsp;</strong></span></span></p>

<p>&nbsp;</p>

<p>&nbsp;</p>
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	(int) 7 => array(
		'Article' => array(
			'id' => '15808',
			'article_category_id' => '1',
			'title' => 'Half a Dozen GI Wire Industries Shut Down',
			'sub_title' => '',
			'summary' => 'August 17: Six galvanized iron (GI) wire industries in the Sunsari-Morang industrial corridor have been shut down due to the unfair tax rates imposed by the government.',
			'content' => '<p><span style="font-size:11pt"><span style="font-family:Calibri,&quot;sans-serif&quot;"><span style="font-size:14.0pt"><span style="font-family:&quot;Arial&quot;,&quot;sans-serif&quot;">August 17: Six galvanized iron (GI) wire industries in the Sunsari-Morang industrial corridor have been shut down due to the unfair tax rates imposed by the government. </span></span></span></span></p>

<p><span style="font-size:11pt"><span style="font-family:Calibri,&quot;sans-serif&quot;"><span style="font-size:14.0pt"><span style="font-family:&quot;Arial&quot;,&quot;sans-serif&quot;">Finance Minister Janardan Sharma had assured to correct the unequal tax rates but failed to keep his words. As a result, around 1,500 workers have become unemployed due to the faulty decision of the government.</span></span></span></span></p>

<p><span style="font-size:11pt"><span style="font-family:Calibri,&quot;sans-serif&quot;"><span style="font-size:14.0pt"><span style="font-family:&quot;Arial&quot;,&quot;sans-serif&quot;">According to the industrialists, Hulas Wire, Aarti Wire, Arihant Wire Industry, Kamala Wire, Premier Wire and Pioneer Wire Pvt. Ltd. of Sunsari-Morang Industrial Corridor have been closed.</span></span></span></span></p>

<p><span style="font-size:11pt"><span style="font-family:Calibri,&quot;sans-serif&quot;"><span style="font-size:14.0pt"><span style="font-family:&quot;Arial&quot;,&quot;sans-serif&quot;">Pawan Sharda, director of Premier Steel and member of the Constituent Assembly, said that the government is not ready to correct the unequal tax rates. It shows that the government is not in favor of the industry. </span></span></span></span></p>

<p><span style="font-size:11pt"><span style="font-family:Calibri,&quot;sans-serif&quot;"><span style="font-size:14.0pt"><span style="font-family:&quot;Arial&quot;,&quot;sans-serif&quot;">&ldquo;The government does not want jobs to be created in the country. Otherwise why could the promise made by the minister not be fulfilled on time and the industry had to be closed today?&rdquo; he questioned.</span></span></span></span></p>

<p><span style="font-size:11pt"><span style="font-family:Calibri,&quot;sans-serif&quot;"><span style="font-size:14.0pt"><span style="font-family:&quot;Arial&quot;,&quot;sans-serif&quot;">Sharda said that the industries have posted notices informing about their closure and the labor office has been informed about it. He added that the wrong policy of the government resulted in unemployment of 1,500 people. He claimed that the industries will incur monthly loss of Rs 1 million to Rs 1.5 million even if the industries remain closed. Sharda says that even if the government fixes the tax rate and tells them to start the industry, it will take 2 months to reopen the industries.</span></span></span></span></p>

<p><span style="font-size:11pt"><span style="font-family:Calibri,&quot;sans-serif&quot;"><span style="font-size:14.0pt"><span style="font-family:&quot;Arial&quot;,&quot;sans-serif&quot;">Through the budget announced for the current fiscal year, Finance Minister Sharma had increased the customs duty on mild steel (MS) wire rod, the raw material required for this industry from 5 to 10 percent. Excise duty was changed from Rs 2.50 to Rs 4.50 per kg. India also started levying a 15 percent duty on the export of MS wire to protect its industry.</span></span></span></span></p>

<p><span style="font-size:11pt"><span style="font-family:Calibri,&quot;sans-serif&quot;"><span style="font-size:14.0pt"><span style="font-family:&quot;Arial&quot;,&quot;sans-serif&quot;">Anil Sharda, general secretary of Chamber of Industries, Morang and owner of Pioneer Wire said that they had to pay 29.5 percent of import duty in total after adding India&#39;s export duty along with Nepal&#39;s import duty and excise duty on the import of MS wire. </span></span></span></span></p>

<p><span style="font-size:11pt"><span style="font-family:Calibri,&quot;sans-serif&quot;"><span style="font-size:14.0pt"><span style="font-family:&quot;Arial&quot;,&quot;sans-serif&quot;">On the other hand, GI wire produced from the same MS wire rod can be imported from India by paying 16 percent revenue under the SAFTA facility.</span></span></span></span></p>

<p><span style="font-size:11pt"><span style="font-family:Calibri,&quot;sans-serif&quot;"><span style="font-size:14.0pt"><span style="font-family:&quot;Arial&quot;,&quot;sans-serif&quot;">Suysha Raj Pyakurel, president of the chamber, said that GI wire export dropped from 22,740 metric tons in the year 2018/19 to 672 tons in the year 2021/22 due to the additional excise duty imposed by the government.</span></span></span></span></p>

<p><span style="font-size:11pt"><span style="font-family:Calibri,&quot;sans-serif&quot;"><span style="font-size:14.0pt"><span style="font-family:&quot;Arial&quot;,&quot;sans-serif&quot;">According to Payakurel, after Sharma was reinstated as the Finance Minister, he had given verbal assurance to remove the unequal tax rates soon.</span></span></span></span></p>

<p><span style="font-size:11pt"><span style="font-family:Calibri,&quot;sans-serif&quot;"><span style="font-size:14.0pt"><span style="font-family:&quot;Arial&quot;,&quot;sans-serif&quot;">Naveen Rijal, president of the Morang Merchants Association, said that six large wire industries and 40 small industries dependent on them closed due to failure to fulfill the assurance given by Finance Minister Sharma. Yukti Golchha, owner and managing director of Hulas Wire said that the factory producing 150 tons of GI wire per day has been closed as well.</span></span></span></span></p>

<p>&nbsp;</p>
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	(int) 8 => array(
		'Article' => array(
			'id' => '15807',
			'article_category_id' => '1',
			'title' => 'Average Consumer Price Inflation Stands at 6.32 Percent during Last Fiscal Year',
			'sub_title' => '',
			'summary' => 'August 17: The year-on-year consumer price inflation stood at 8.08 percent in mid-July 2022 compared to 4.19 percent a year ago. ',
			'content' => '<p><span style="font-size:18px">August 17: The year-on-year consumer price inflation stood at 8.08 percent in mid-July 2022 compared to 4.19 percent a year ago. According to Nepal Rastra Bank, global rise in fuel and food prices, supply chain disruptions and devaluation of Nepalese currency with US dollar contributed to build up inflationary pressures during the second half of Fiscal Year 2021/22.<br />
However, due to low level of inflation during initial months, the annual average consumer price inflation remained at 6.32 percent during the last fiscal year compared to 3.60 percent in FY 2020/2021, states the Current Macroeconomic and Financial Situation Report released by the central bank on Tuesday.&nbsp;<br />
According to the report, the prices of ghee and oil, pulses and legumes, tobacco products and alcoholic drinks sub-categories rose by 26.13 percent, 9.92 percent, 9.84 percent and 8.57 percent respectively on annual basis under the Food and Beverage category.&nbsp;<br />
Likewise, under the non-food and services category, the prices of transportation, education, furnishing and household equipment and recreation and culture sub-categories rose by 15.82 percent, 8.78 percent, 7.09 percent and 6.68 percent respectively on annual basis.&nbsp;<br />
The annual average food and beverage inflation stood at 5.69 percent in FY 2021/22 compared to 5.00 percent a year ago. The y-o-y food and beverage inflation stood at 6.89 percent in mid-July 2022 compared to 5.81 percent a year ago.&nbsp;<br />
Similarly, &nbsp;the annual average non-food and services inflation stood at 6.83 percent in FY 2021/22 compared to 2.51 percent a year ago. The y-o-y non-food and services inflation stood at 9.03 percent in mid-July 2022 compared to 2.94 percent a year ago.&nbsp;</span></p>
',
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			'sortorder' => '15548',
			'image' => '20220817013642_Inflation.jpg',
			'article_date' => '2022-08-17 13:35:32',
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	(int) 9 => array(
		'Article' => array(
			'id' => '15805',
			'article_category_id' => '1',
			'title' => 'Service Sector to Contribute 61 Percent to Economic Growth in FY 2021/22',
			'sub_title' => '',
			'summary' => 'August 17: The Central Bureau of Statistics (CBS) has estimated economic growth of 5.84 percent for the Fiscal Year 2021/22. ',
			'content' => '<p><span style="font-size:18px"><span style="font-family:Calibri,&quot;sans-serif&quot;">August 17: The Central Bureau of Statistics (CBS) has estimated economic growth of 5.84 percent for the Fiscal Year 2021/22. Agriculture, industry and service sectors are estimated to grow 2.30 percent, 10.19 percent and 5.93 percent respectively, according to the latest report released by Nepal Rastra Bank.</span></span></p>

<p><span style="font-size:18px"><span style="font-family:Calibri,&quot;sans-serif&quot;">The Current Macroeconomic and Financial Situation Report released by the central bank on Tuesday states that the share of agriculture, industry and service sectors in GDP in FY 2021/22 stands at 23.95 percent, 14.29 percent and 61.76 percent respectively.</span></span></p>

<p><span style="font-size:18px"><span style="font-family:Calibri,&quot;sans-serif&quot;">According to the report, gross domestic saving to GDP stands at 9.27 percent in FY 2021/22. The ratio of gross fixed capital formation and gross national saving to GDP stands at 29.37 percent and 31.95 percent respectively. </span></span></p>

<p><span style="font-size:18px"><span style="font-family:Calibri,&quot;sans-serif&quot;">Likewise, the installed capacity of electricity increased to 2189.6 Megawatt during the review year, which consists of 2075.4 Megawatts of hydro electricity, 54.8 Megawatts of solar electricity, 6.0 Megawatts of cogeneration and 53.4 Megawatts of thermal electricity.</span></span></p>

<p><span style="font-size:18px"><span style="font-family:Calibri,&quot;sans-serif&quot;">The total number of tourist arrivals increased significantly to 3,70,906 in FY 2021/22, which was 70,123 in the previous fiscal year, the report added.</span></span></p>
',
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			'image' => '20220817123841_economic-growth.jpg',
			'article_date' => '2022-08-17 12:37:52',
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	(int) 10 => array(
		'Article' => array(
			'id' => '15804',
			'article_category_id' => '1',
			'title' => 'Central Bank Toughens Measures on Foreign Currency Exchange   ',
			'sub_title' => '',
			'summary' => 'August 17: Nepal Rastra Bank (NRB) has tightened the facility provided for foreign currency exchange for import and export of goods. ',
			'content' => '<p><span style="font-size:18px"><span style="font-family:Calibri,&quot;sans-serif&quot;">August 17: Nepal Rastra Bank (NRB) has tightened the facility provided for foreign currency exchange for import and export of goods. The central bank made such arrangement in a bid to toughen its stance against trade-based money laundering that can be promoted through import and export, reads a notice issued by the central bank.&nbsp;&nbsp;&nbsp;&nbsp; </span></span></p>

<p><span style="font-size:18px"><span style="font-family:Calibri,&quot;sans-serif&quot;">Issuing an amended version of the Unified Directive on Tuesday, the central bank ordered the licensed banks and financial institutions (BFIs) to formulate necessary work procedure to discourage money laundering.&nbsp;&nbsp;&nbsp;&nbsp; </span></span></p>

<p><span style="font-size:18px"><span style="font-family:Calibri,&quot;sans-serif&quot;">The Unified Directive states that an internal mechanism will be created to deal with money laundering and the exchange facility can be provided if it is found realistic after comparative analysis between the prices of goods in the international market (proforma invoice).&nbsp;&nbsp;&nbsp;&nbsp; </span></span></p>

<p><span style="font-size:18px"><span style="font-family:Calibri,&quot;sans-serif&quot;">The central bank placed tough measures after the importers were found stating one thing in document and another in practice while importing goods and increasing transactions in foreign currency, the state-owned national news agency RSS reported.</span></span></p>

<p><span style="font-size:18px"><span style="font-family:Calibri,&quot;sans-serif&quot;">Meanwhile, the central bank through the Unified Directive has also increased the daily limit of remittance inflow into the country through authorized companies. </span></span></p>

<p><span style="font-size:18px"><span style="font-family:Calibri,&quot;sans-serif&quot;">As per the new provision, registered companies can deposit remittance up to Rs 1.5 million in the bank accounts of the beneficiary on a daily basis. Prior to this, the maximum limit of remittance inflow was Rs 1 million per day.</span></span></p>

<p><span style="font-size:18px"><span style="font-family:Calibri,&quot;sans-serif&quot;">The central bank has also instructed the remittance companies to keep records of the personal details of the people sending and receiving money as per the rules.</span></span></p>

<p><span style="font-size:18px"><span style="font-family:Calibri,&quot;sans-serif&quot;">&nbsp;&nbsp;&nbsp;&nbsp; </span></span></p>

<p>&nbsp;</p>
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	(int) 11 => array(
		'Article' => array(
			'id' => '15806',
			'article_category_id' => '1',
			'title' => 'New Business Age to Award Best Business Schools Today',
			'sub_title' => '',
			'summary' => 'August 17: New Business Age Pvt Ltd is organizing the sixth edition of the Newbiz B-Schools Ratings, Ranking and Awards today.',
			'content' => '<p><span style="font-size:12pt"><span style="font-family:&quot;Times New Roman&quot;,&quot;serif&quot;"><span style="font-size:14.0pt"><span style="font-family:&quot;Arial&quot;,&quot;sans-serif&quot;">August 17: New Business Age Pvt Ltd is organizing the sixth edition of the Newbiz B-Schools Ratings, Ranking and Awards today.</span></span></span></span></p>

<p><span style="font-size:12pt"><span style="font-family:&quot;Times New Roman&quot;,&quot;serif&quot;"><span style="font-size:14.0pt"><span style="font-family:&quot;Arial&quot;,&quot;sans-serif&quot;">According to the organizers, the best colleges will be awarded in four different categories from among more than 2,300 business schools across the country.</span></span></span></span></p>

<p><span style="font-size:12pt"><span style="font-family:&quot;Times New Roman&quot;,&quot;serif&quot;"><span style="font-size:14.0pt"><span style="font-family:&quot;Arial&quot;,&quot;sans-serif&quot;">A total of 16 colleges will be awarded in four different categories during the award distribution ceremony to be held at 4 pm today afternoon (August 17). The organizers informed that three best colleges for MBA/MBS, three each for BBA/BBS, three best colleges for BHM and one college from each of the seven provinces will be honored during the event.</span></span></span></span></p>

<p><span style="font-size:12pt"><span style="font-family:&quot;Times New Roman&quot;,&quot;serif&quot;"><span style="font-size:14.0pt"><span style="font-family:&quot;Arial&quot;,&quot;sans-serif&quot;">Among them, one best college in the first three categories will be given trophies and certificates, while certificates will be distributed to the second and third-position holders.</span></span></span></span></p>

<p><span style="font-size:12pt"><span style="font-family:&quot;Times New Roman&quot;,&quot;serif&quot;"><span style="font-size:14.0pt"><span style="font-family:&quot;Arial&quot;,&quot;sans-serif&quot;">Similarly, certificates will be given to the best colleges in each province.</span></span></span></span></p>

<p><span style="font-size:12pt"><span style="font-family:&quot;Times New Roman&quot;,&quot;serif&quot;"><span style="font-size:14.0pt"><span style="font-family:&quot;Arial&quot;,&quot;sans-serif&quot;">A panel discussion among experts on the topic of &#39;Future of Management Education&#39; is also scheduled during the programme.</span></span></span></span></p>

<p><span style="font-size:12pt"><span style="font-family:&quot;Times New Roman&quot;,&quot;serif&quot;"><span style="font-size:14.0pt"><span style="font-family:&quot;Arial&quot;,&quot;sans-serif&quot;">An independent jury consisting of experts from various fields have selected the best school after phase-wise evaluation. According to the jury, 602 out of 2,300 schools were shortlisted based on the website of the schools.</span></span></span></span></p>

<p><span style="font-size:12pt"><span style="font-family:&quot;Times New Roman&quot;,&quot;serif&quot;"><span style="font-size:14.0pt"><span style="font-family:&quot;Arial&quot;,&quot;sans-serif&quot;">Around 300 schools were selected in the second stage based on the school&#39;s mission, vision and slogan. A total of 57 schools were selected in the third round on the basis of five years of operation.</span></span></span></span></p>

<p><span style="font-size:12pt"><span style="font-family:&quot;Times New Roman&quot;,&quot;serif&quot;"><span style="font-size:14.0pt"><span style="font-family:&quot;Arial&quot;,&quot;sans-serif&quot;">According to the jury, quality and standard, educational infrastructure, quality of academic activities, student-led activities, entrepreneurship promotion programme, relationship with real professional organizations, and employment opportunities were taken into consideration while selecting the school for the awards.</span></span></span></span></p>

<p><span style="font-size:12pt"><span style="font-family:&quot;Times New Roman&quot;,&quot;serif&quot;"><span style="font-size:14.0pt"><span style="font-family:&quot;Arial&quot;,&quot;sans-serif&quot;">The main sponsor of the program is Prabhu Bank Limited, while Yamaha, Mahalaxmi Bikas Bank Ltd, Tata Nexon, Everest Bank, Hama Steel, United Insurance, DishHome Fiber Net and Nepali Patro are the co-sponsors of the event.</span></span></span></span></p>

<p>&nbsp;</p>
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	(int) 12 => array(
		'Article' => array(
			'id' => '15803',
			'article_category_id' => '1',
			'title' => 'Biratnagar High Court Orders not to Open the Seals put on Betel Nuts by Indian Customs',
			'sub_title' => '',
			'summary' => 'August 16: Biratnagar High Court has ordered the concerned bodies not to open the seal placed by the Indian customs on the truck carrying betel nuts that was impounded by the police on suspicion of carrying illegal goods ',
			'content' => '<p><span style="font-size:11pt"><span style="font-family:Calibri,&quot;sans-serif&quot;"><span style="font-family:&quot;Arial&quot;,&quot;sans-serif&quot;">August 16: Biratnagar High Court has ordered the concerned bodies not to open the seal placed by the Indian customs on the truck carrying betel nuts that was impounded by the police on suspicion of carrying illegal goods and handed over to the Revenue Investigation Office, Itahari.&nbsp; The court has also ordered to bring both parties together for discussion on Tuesday (today).</span></span></span></p>

<p><span style="font-size:11pt"><span style="font-family:Calibri,&quot;sans-serif&quot;"><span style="font-family:&quot;Arial&quot;,&quot;sans-serif&quot;">The&nbsp;Indian customs had checked and sealed the betel nuts carrying vehicle which being to India using the route of Nepal but was arrested by the police and handed over to the revenue investigation office.</span></span></span></p>

<p><span style="font-size:11pt"><span style="font-family:Calibri,&quot;sans-serif&quot;"><span style="font-family:&quot;Arial&quot;,&quot;sans-serif&quot;">The high court issued the order in response to a case filed by Navin Ghimire, the owner of exporter company Mankamana Traders.</span></span></span></p>

<p><span style="font-size:11pt"><span style="font-family:Calibri,&quot;sans-serif&quot;"><span style="font-family:&quot;Arial&quot;,&quot;sans-serif&quot;">Morang police seized the betel nuts on July 20 and handed it over to the Revenue Investigation Office, Itahari July 23.&nbsp; Ghimire, the exporter, filed a writ in the High Court last Thursday, against the District Police Office Morang, Customs Department, Customs Office Biratnagar and Revenue Investigation Office Itahari.</span></span></span></p>

<p><span style="font-size:11pt"><span style="font-family:Calibri,&quot;sans-serif&quot;"><span style="font-family:&quot;Arial&quot;,&quot;sans-serif&quot;">A single bench of High Court Judge Milan Kumar Rai issued the order which says, &ldquo;Considering that an interim order has also been requested in this matter, as it seems appropriate to reach a proper conclusion by bringing together both parties for discussion on 2079/04/31.</span></span></span></p>

<p><span style="font-size:11pt"><span style="font-family:Calibri,&quot;sans-serif&quot;"><span style="font-family:&quot;Arial&quot;,&quot;sans-serif&quot;">The bench also ordered not to remove the seals issued by the Jogbani Customs Office, India on the eight trucks until another decision.</span></span></span></p>

<p><span style="font-size:11pt"><span style="font-family:Calibri,&quot;sans-serif&quot;"><span style="font-family:&quot;Arial&quot;,&quot;sans-serif&quot;">Senior advocate Ramesh Koirala and another advocate Dilliram Ghimire had argued on behalf of Manakamana Traders.&nbsp; Director General of Revenue Investigation Department Jhalakram Adhikari is saying that he and his office cannot open the seals imposed by Indian Customs.&nbsp; The betel nut destined for export has been on the premises of Revenue Research Office Itahari since July 23.</span></span></span></p>

<p>&nbsp;</p>
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	(int) 13 => array(
		'Article' => array(
			'id' => '15802',
			'article_category_id' => '1',
			'title' => 'Girl Students Attracted towards Technical Education in Myagdi',
			'sub_title' => '',
			'summary' => 'August 16: Students from 12 districts have arrived at Shree Kisani Agriculture Technical School in Malika Rural Municipality-7 of Myagdi to study agricultural subjects.',
			'content' => '<p><span style="font-size:11pt"><span style="font-family:Calibri,&quot;sans-serif&quot;"><span style="font-size:14.0pt"><span style="font-family:&quot;Arial&quot;,&quot;sans-serif&quot;">August 16: Students from 12 districts have arrived at Shree Kisani Agriculture Technical School in Malika Rural Municipality-7 of Myagdi to study agricultural subjects. The technical education school, which was established in 2011, has produced more than 500 agricultural technicians in 11 years. In addition, the school also said that it has made a significant achievement in the physical infrastructure recently.</span></span></span></span></p>

<p><span style="font-size:11pt"><span style="font-family:Calibri,&quot;sans-serif&quot;"><span style="font-size:14.0pt"><span style="font-family:&quot;Arial&quot;,&quot;sans-serif&quot;">Karan Kandel, coordinator of the school said that students are taught using the latest information and technology tools in addition to practical education by taking them to farmers&#39; fields and cattle sheds.</span></span></span></span></p>

<p><span style="font-size:11pt"><span style="font-family:Calibri,&quot;sans-serif&quot;"><span style="font-size:14.0pt"><span style="font-family:&quot;Arial&quot;,&quot;sans-serif&quot;">The statistics of the technical schools shows that there are more female students than male students. After receiving affiliation from CTEVT in 2011, the school is conducting courses for JTA of 18 months, ISc (AG) of three years (since 2017) and veterinary (medicine or treatment of animal diseases) since 2019.</span></span></span></span></p>

<p><span style="font-size:11pt"><span style="font-family:Calibri,&quot;sans-serif&quot;"><span style="font-size:14.0pt"><span style="font-family:&quot;Arial&quot;,&quot;sans-serif&quot;">Currently students from Surkhet, Jumla, Humla, Mugu, Kailali, Chitwan, Kaski, Baglung, Myagdi and other districts have come to study in the school.</span></span></span></span></p>

<p><span style="font-size:11pt"><span style="font-family:Calibri,&quot;sans-serif&quot;"><span style="font-size:14.0pt"><span style="font-family:&quot;Arial&quot;,&quot;sans-serif&quot;">According to coordinator Kandel, currently 141 students from different districts are studying in the school including 90 female students and 51 male students. Among the students, 141 students are studying agriculture and animal science including 51 pursuing diploma in agriculture, 60 seeking diploma in livestock and 30 undergoing pre-diploma. Coordinator Kandel informed that the number of students is increasing because they can get quality education with residential facilities for just Rs 5,000 per month.</span></span></span></span></p>

<p>&nbsp;</p>
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		'Article' => array(
			'id' => '15801',
			'article_category_id' => '1',
			'title' => 'MCA Nepal to Spend Rs 8.5 Billion on MCC Project this Year',
			'sub_title' => '',
			'summary' => 'August 16: The Millennium Challenge Account (MCA) Nepal is preparing to spend more than Rs 8.5 billion on electricity and road infrastructures under the Millennium Challenge Corporation (MCC)',
			'content' => '<p><span style="font-size:11pt"><span style="font-family:Calibri,&quot;sans-serif&quot;"><span style="font-size:14.0pt"><span style="font-family:&quot;Arial&quot;,&quot;sans-serif&quot;">August 16: The Millennium Challenge Account (MCA) Nepal is preparing to spend more than Rs 8.5 billion on electricity and road infrastructures under the Millennium Challenge Corporation (MCC) funded by the US government in the current fiscal year (FY 2022/23).</span></span></span></span></p>

<p><span style="font-size:11pt"><span style="font-family:Calibri,&quot;sans-serif&quot;"><span style="font-size:14.0pt"><span style="font-family:&quot;Arial&quot;,&quot;sans-serif&quot;">According to MCA Nepal, Rs 7.57 billion will be spent on the road maintenance project and Rs 1.7 billion on the power transmission line project. The budget allocated for the projects under the MCC for the current year is Rs 9.27 billion. Out of the allocated budget, Rs 8.91 billion will be in the form of US grant. </span></span></span></span></p>

<p><span style="font-size:11pt"><span style="font-family:Calibri,&quot;sans-serif&quot;"><span style="font-size:14.0pt"><span style="font-family:&quot;Arial&quot;,&quot;sans-serif&quot;">According to the Ministry of Finance, the Government of Nepal will contribute Rs 365.6 million from its own sources for those project this year. Most of the amount allocated for this project will be spent for capital expenditure.</span></span></span></span></p>

<p><span style="font-size:11pt"><span style="font-family:Calibri,&quot;sans-serif&quot;"><span style="font-size:14.0pt"><span style="font-family:&quot;Arial&quot;,&quot;sans-serif&quot;">The MCC&#39;s goal is to construct a 315 km long 400 kV power transmission line and three 400 kV substations and to repair and expand 77 km of roads using new technology. To achieve this goal, the project is being implemented this year after it was endorsed by the parliament during the last fiscal year.</span></span></span></span></p>

<p><span style="font-size:11pt"><span style="font-family:Calibri,&quot;sans-serif&quot;"><span style="font-size:14.0pt"><span style="font-family:&quot;Arial&quot;,&quot;sans-serif&quot;">According to MCA Nepal, it will build a high voltage grid which is currently lacking in Nepal. The transmission line will pass through 18 rural municipalities, 11 municipalities and one sub-metropolitan city in Kathmandu, Sindhupalchok, Nuwakot, Dhading, Chitwan, Makwanpur, Tanahun, Palpa, Nawalpur and Parasi in three provinces - Bagmati, Gandaki and Lumbini.</span></span></span></span></p>

<p><span style="font-size:11pt"><span style="font-family:Calibri,&quot;sans-serif&quot;"><span style="font-size:14.0pt"><span style="font-family:&quot;Arial&quot;,&quot;sans-serif&quot;">Three new 400 kV indoor gas substations are being built for the power transmission line project. Ratmate substation will be constructed in Belkotgarhi Municipality of Nuwakot district, Damauli substation in Damauli of Tanahun district and Butwal substation in Bhumhi of Parasi district. In addition to these three substations, the transmission line under MCC will also be connected to Lapsiphedi and Nepal Electricity Authority&#39;s new Hetauda substation.</span></span></span></span></p>

<p><span style="font-size:11pt"><span style="font-family:Calibri,&quot;sans-serif&quot;"><span style="font-size:14.0pt"><span style="font-family:&quot;Arial&quot;,&quot;sans-serif&quot;">MCA Nepal&rsquo;s Executive Director Khadga Bahadur Bista said that the process of land acquisition, approval for cutting down trees, environmental impact assessment (EIA), preparation for tender documents, and the tender process are currently underway in order to start the construction of these projects.</span></span></span></span></p>

<p><span style="font-size:11pt"><span style="font-family:Calibri,&quot;sans-serif&quot;"><strong>&nbsp;</strong></span></span></p>

<p><span style="font-size:11pt"><span style="font-family:Calibri,&quot;sans-serif&quot;"><span style="font-size:14.0pt"><span style="font-family:&quot;Arial&quot;,&quot;sans-serif&quot;">According to Bista, the MCC will be spending money on the road maintenance project to improve the quality of Nepal&#39;s strategic road network. The project will serve as an example to allocate budget for periodic maintenance of the country&#39;s strategic road network. For that purpose, a matching fund of USD 52.22 million has been allocated.</span></span></span></span></p>

<p><span style="font-size:11pt"><span style="font-family:Calibri,&quot;sans-serif&quot;"><span style="font-size:14.0pt"><span style="font-family:&quot;Arial&quot;,&quot;sans-serif&quot;">According to MCA Nepal, under the road maintenance project, around 77 kilometres of road will be upgraded using state-of-the-art technology.</span></span></span></span></p>

<p><span style="font-size:11pt"><span style="font-family:Calibri,&quot;sans-serif&quot;"><span style="font-size:14.0pt"><span style="font-family:&quot;Arial&quot;,&quot;sans-serif&quot;">Under the project, 40 kilometres from Dhankhola to Lamhi and 37 kilometres from Lamhi to Shivkhola will be renovated.</span></span></span></span></p>

<p>&nbsp;</p>
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