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Code Context
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			'id' => '5974',
			'article_category_id' => '1',
			'title' => 'Growth Rate Target 7.2 per cent in 2017-18',
			'sub_title' => '',
			'summary' => 'May 31: The government has targeted an economic growth rate of 7.2 per cent in the coming fiscal year 2017-18.  Deputy Prime Minister and Finance Minister Krishna Bahadur Mahara, while presenting the budget for the next fiscal year, on May 29, announced that the coming fiscal year would be an entry point of economic growth.',
			'content' => '<p style="text-align: justify;">May 31: The government has targeted an economic growth rate of 7.2 per cent in the coming fiscal year 2017-18. &nbsp;Deputy Prime Minister and Finance Minister Krishna Bahadur Mahara, while presenting the budget for the next fiscal year, on May 29, announced that the coming fiscal year would be an entry point of economic growth.</p>

<p style="text-align: justify;">He said that inflation will also be limited to seven per cent. Mahara also mentioned that the new budget will create 400,000 new employment opportunities and one hundred thousand new self-employments.</p>

<p style="text-align: justify;">According to Former Finance Minister Dr. Ram Sharan Mahat, the government&#39;s target of economic growth seems easy technically but this can be very difficult from the practical point of view. He says that the reasons stated in the budget such as adequate monsoon rain and a situation where there will be no blockade cannot be taken as basis for higher economic growth. &quot;The government has not been able to demonstrate strong basis for sound economic growth,&quot; he mentioned.&nbsp;</p>

<p style="text-align: justify;">Former Minister Mahat said that favorable climate, availability of chemical fertilizers and hybrid seeds can help attain 6.5 per cent growth rate in the current fiscal year.</p>

<p style="text-align: justify;">Similarly, according to Finance Minister Mahara, improvement in power supply, increase in demand of construction as well as consumable materials will help attain 6.9 per cent growth that is more than the targeted 6.5 percent. He said that the annual budget in the previous year had predicted that there will be an inflation of 7.5 per cent this year, whereas in the coming FY, the inflation will be limited to seven per cent.&nbsp;&nbsp;</p>

<p style="text-align: justify;">Former Deputy Governor of Nepal Rastra Bank (NRB), Krishna Bahadur Manandhar assumed that the inflation rate will remain at seven percent in view of the current inflation trend. &quot;Decreasing interest rates and lowering inflation in Indian market will also help Nepal to achieve this target,&quot; said Manandhar. Minister Mahara emphasized that economic growth will contribute to improving the lifestyle of people and also bring improvement in the Human Development Index (HDI).</p>

<p style="text-align: justify;">In the FY 2016/2017, the economic growth rate of Nepal went down to the lowest in 14 years whereas the target was for six per cent.&nbsp; Prior to this, during insurgency period or in the year 2001/2002, the economic growth rate was 0.19 per cent.</p>

<p style="text-align: justify;">The government had a target of six per cent growth in the FY 2016/2017, but due to blockade and massive earthquake in 2015, the target could not be met in that year.</p>

<p style="text-align: justify;">Though the economic growth rate was 2.32 per cent in the year 2015/16, the target was set for six per cent which was unachievable. Every year, the current expenditure of the government is growing, whereas development expense is decreasing.</p>

<p style="text-align: justify;">On one hand, the proportion of development expenses is decreasing and on the other hand, the allocated expenses are also being spent quite less. According to the statistics from the Ministry of Finance, in the duration of the last 10 years, the average economic growth is just 3.8 per cent. The minimum economic growth rate was 0.77 per cent to five per cent in the period since Nepal was declared a Republic till the implementation of the new constitution. However, during this period, the price inflation rate is seven per cent to 13 per cent.</p>

<p style="text-align: justify;">During the tenure of the late Prime Minister Girija Prasad Koirala in the FY 2006/2007, the target of economic growth was 5 per cent and price inflation rate was six per cent. During that period, the government achieved 5.8 per cent economic growth which was more than the target and the price inflation rate was 6.7 per cent which was slightly more than the government&#39;s target.</p>

<p style="text-align: justify;">During Prime Minister Pushpa Kamal Dahal&#39;s first tenure when Baburam Bhattarai&nbsp; was the finance minister in FY 2007/2008, the economic growth rate was only 3.9 per cent while the target was seven per cent.</p>

<p style="text-align: justify;">During the tenure of Madhav Kumar Nepal in 2008/2009, the economic growth rate was 4.3 per cent while the target was of 6.5 per cent. Similarly, during the tenure of Jhalanath Khanal as Prime Minister, the target was set for five percent but the government could only achieve 3.8 per cent of economic growth.</p>

<p style="text-align: justify;">During the tenure of Prime Minister Baburam Bhattarai in FY 2009/2010, when Barshaman Pun was the Finance Minister, the target for economic growth was five percent. Though the target could not be met, the economy saw a growth after two years which was 4.6 per cent.</p>

<p style="text-align: justify;">In 2010/2011, during the tenure of PM Baburam Bhattarai, the government targeted the economic growth rate of 5.5 per cent. However, due to political disturbance, the budget could not come in time and the government could not meet the target.</p>

<p style="text-align: justify;">Similarly, during the government of Khil Raj Regmi as Chairman of the Council of Ministers in FY 2014-15, the government could only reach the target of 4.8 per cent economic growth instead of the target which was 5.5 per cent.</p>

<p style="text-align: justify;">During the tenure of Sushil Koirala as prime minister in 2015/2016, Finance Minister Ram Sharan Mahat achieved only the growth rate of 2.32 per cent which was far less than the target of six per cent.</p>
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			'id' => '5973',
			'article_category_id' => '1',
			'title' => 'RP Bakery Awarded National Healthy Food Certificate',
			'sub_title' => '',
			'summary' => 'May 31: RP Bakery, a bakery product manufacturer company under ‘Ramro’ brand has been provided National Healthy Food Safety Certificate. The certificate was provided by Department of Food Technology and Quality Control under the Ministry of Agricultural Development on the occasion of 9th National Food Safety Day-2017. The bakery stood second place in the same platform on 2012.',
			'content' => '<p style="text-align: justify;">May 31: RP Bakery, a bakery product manufacturer company under &lsquo;Ramro&rsquo; brand has been provided National Healthy Food Safety Certificate. The certificate was provided by Department of Food Technology and Quality Control under the Ministry of Agricultural Development on the occasion of 9<sup>th</sup> National Food Safety Day-2017. The bakery stood second place in the same platform on 2012.</p>

<p style="text-align: justify;">The honor has encouraged the bakery to maintain the quality of its product and to meet the responsibility of serving superior products its customers, said Aaditya Agrawal, Director of the bakery.&nbsp;</p>
',
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			'modified' => '2017-05-31',
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			'description' => '',
			'sortorder' => '5758',
			'image' => '20170531014253_ramro.jpg',
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			'id' => '5972',
			'article_category_id' => '1',
			'title' => 'Garima Bikas Opens Branch in Chabahil',
			'sub_title' => '',
			'summary' => 'May 31: Garima Bikas Bank, headquartered at Lazimpat, Kathmandu has opened a new branch at Chabahil, Kathmandu. The bank inaugurated the branch amid a program on May 30.',
			'content' => '<p style="text-align: justify;">May 31: Garima Bikas Bank, headquartered at Lazimpat, Kathmandu has opened a new branch at Chabahil, Kathmandu. The bank inaugurated the branch amid a program on May 30.</p>

<p style="text-align: justify;">Garima after acquiring Nilgiri Bikas Bank, headquartered at Myagdi and Suvechya Bikas Bank, headquartered at Chitwan is aggressively expanding its network in the market. Presently, the bank is providing its services through 45 branches.&nbsp;</p>
',
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			'sortorder' => '5757',
			'image' => '20170531124029_garima.jpg',
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		'Article' => array(
			'id' => '5971',
			'article_category_id' => '1',
			'title' => 'Sindhu Bikas Financial literacy Campaign',
			'sub_title' => '',
			'summary' => 'May 31: Sindhu Bikas Bank, Khadichaur has organized a financial literacy campaign in Lisankhu of Sindhupalchowk and various schools of Sunkoshi Rural Municipality. The campaign which was organized with a slogan ‘Sunaulo Bhabisyaka Lagi Bachat’ was participated by students and people of local area. In the campaign, Ratan Pradhan, bra',
			'content' => '<p style="text-align: justify;">May 31: Sindhu Bikas Bank, Khadichaur has organized a financial literacy campaign in Lisankhu of Sindhupalchowk and various schools of Sunkoshi Rural Municipality. The campaign which was organized with a slogan &lsquo;Sunaulo Bhabisyaka Lagi Bachat&rsquo; was participated by students and people of local area. In the campaign, Ratan Pradhan, branch manager of the Khadichaur informed the participants about banking services and direct benefits of banking accessibility.&nbsp;</p>
',
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			'created' => '2017-05-31',
			'modified' => '2017-05-31',
			'keywords' => '',
			'description' => '',
			'sortorder' => '5756',
			'image' => '20170531122432_sindhu.jpg',
			'article_date' => '2017-05-31 00:00:00',
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			'id' => '5969',
			'article_category_id' => '1',
			'title' => 'Mahindra Exchange camp',
			'sub_title' => '',
			'summary' => 'May 31: Agni Moto Inc, the authorised distributor of Mahindra two-wheelers, has announced ‘Mahindra Two-Wheeler Exchange Camp’.  Issuing a press statement, the company said that the customers can exchange any two-wheelers in the camp. The exchange camp started from Tuesday to June 1 at its Teku showroom.',
			'content' => '<p style="text-align: justify;">May 31: Agni Moto Inc, the authorised distributor of Mahindra two-wheelers, has announced &lsquo;Mahindra Two-Wheeler Exchange Camp&rsquo;.&nbsp; Issuing a press statement, the company said that the customers can exchange any two-wheelers in the camp. The exchange camp started from Tuesday to June 1 at its Teku showroom.</p>

<p style="text-align: justify;">Moreover, the customers who exchanged their two-wheelers would also be eligible to participate in &lsquo;400 per cent bonus cash back&rsquo; scheme. Under the scheme, customers get an opportunity to win 400 percent cash back bonus.&nbsp; &nbsp;</p>
',
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			'sortorder' => '5754',
			'image' => '20170531112542_mahindra.jpg',
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			'id' => '5968',
			'article_category_id' => '1',
			'title' => 'Global IME announces Aakanshya scholarship',
			'sub_title' => '',
			'summary' => 'May 30:  Global IME Bank has announces ‘IME Global IME Aakanshya Scholarship’ for the academic year 2073 BS. In a bid to fulfill desire of students of their bright future, the bank announced the program in collaboration with Higher Institutions and Secondary Schools Association Nepal (HISSAN) and Private and Boarding Schools Organisation Nepal (PABSON).',
			'content' => '<p style="text-align: justify;">May 30:&nbsp; Global IME Bank has announces &lsquo;IME Global IME Aakanshya Scholarship&rsquo; for the academic year 2073 BS. In a bid to fulfill desire of students of their bright future, the bank announced the program in collaboration with Higher Institutions and Secondary Schools Association Nepal (HISSAN) and Private and Boarding Schools Organisation Nepal (PABSON).</p>

<p style="text-align: justify;">The scholarship announcement program was participated by Chandra Prasad Dhakal, Chairman of IME Group, Anil Gyawali, CEO of Global IME, Suman Pokharel, CEO of IME Ltd, Bijay Sambhaafe, Chairman of PABSON and Dr Swagat Shrestha, Vice President of HISSAN.</p>

<p style="text-align: justify;">&ldquo;IME and Global IME Bank jointly announced the scholarship under their corporate social responsibility,&rdquo; said Dhakal, Chairman of IME Group and Vice-President of Federation of Nepalese Chamber of Commerce and Industries (FNCCI). The scholarship has been provided on the basis of scholarship applications submitted by talented but financially week students of standard 1-11 in public, private and community schools. The scholarship fund having Rs 1 million balance was announced last year.&nbsp;</p>
',
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			'sortorder' => '5753',
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		'Article' => array(
			'id' => '5967',
			'article_category_id' => '1',
			'title' => 'Hotelier Shrestha Passes Away',
			'sub_title' => '',
			'summary' => 'May 30: Veteran hotelier and tourism entrepreneur B K Shrestha has passed away at the age of 68. Shrestha who is the Managing Director of Radisson Hotel passed away on Tuesday morning at his residence.',
			'content' => '<p>May 30: Veteran hotelier and tourism entrepreneur B K Shrestha has passed away at the age of 68. Shrestha who is the Managing Director of Radisson Hotel passed away on Tuesday morning at his residence.</p>

<p>Shrestha who also was the President of Hotel Association Nepal (HAN) from 2014 to 2016 was suffering from lung cancer over the last few months. &nbsp;He is known for his four decades of contributions towards Nepali hotel and tourism industry. Founder of the Himalayan Travels and Tours, Shrestha is regarded for his role to commercialize the star hotel business in Nepal. He is survived by his wife and three daughters.&nbsp;</p>
',
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			'created' => '2017-05-30',
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			'sortorder' => '5752',
			'image' => '20170530043304_bk shrestha.jpg',
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		'Article' => array(
			'id' => '5966',
			'article_category_id' => '1',
			'title' => 'Govt. Presents Rs 1279 billion Budget',
			'sub_title' => '',
			'summary' => 'May 30: The government has unveiled a budget of Rs 1,279 billion for the next Fiscal Year- 2017/18 beginning in July. Deputy Prime Minister and Finance Minister Krishna Bahadur Mahara presented the budget in the parliament on May 29.',
			'content' => '<p style="text-align:justify">May 30: The government has unveiled a budget of Rs 1,279 billion for the next Fiscal Year- 2017/18 beginning in July. Deputy Prime Minister and Finance Minister Krishna Bahadur Mahara presented the budget in the parliament on May 29.</p>

<p style="text-align:justify">Although new programmes were barred in the budget due to the code of conduct of the ongoing local elections, the budget size has been increased, say economists. The budget has soared by 21 percent or by Rs 230 billion as compared to the budget of the current FY, which is Rs 1,048 billion.&nbsp;&nbsp;</p>

<p style="text-align:justify">&ldquo;The budget has not included new programmes except those necessary for the implementation of the federal structure and continuation of the projects of national pride and strategic importance that are currently under construction, due to the code of conduct of local elections,&rdquo; said Minister Mahara.&nbsp;</p>

<p style="text-align:justify">In the budget, Rs 803.53 billion has been allocated for the current expenditure. The current expenditure which is 58 percent of the total budget has been increased by around 63 percent. The government had allocated Rs 617.16 billion for current expenditure in the current fiscal year.&nbsp;&nbsp;</p>

<p style="text-align:justify">Meanwhile, a leader of Nepali Congress and former Finance Minister Dr Ram Sharan&nbsp;Mahat opined that the implementation of the budget will be complicated due to the size of the budget. &ldquo;There is no room for supplementary budget to be brought after the change in power equation,&rdquo; he added.</p>

<p style="text-align:justify">Similarly, Rs 335.17 billion has been allocated for the capital expenditure aimed at economic development, reconstruction and infrastructure development.</p>

<p style="text-align:justify">Though the size of the capital expenditure has increased, its share has decreased in ratio with the total budget. Capital expenditure of Rs 311.94 billion or 29 percent of the budget was allocated in the current FY. As the capital budget size has increased by Rs 23.23 billion, it is only 26.2 percent of the total budget.&nbsp;</p>

<p style="text-align:justify">Likewise, the government has allocated Rs 140 billion in financial management for the next fiscal year, which is 11 percent of the total budget. While the government had also allocated 11 percent of the budget in finance management in the current FY, the amount was only Rs 119.81 billion.</p>

<p style="text-align:justify">Mahara stated that financial management expenditure is higher by 21.9 percent as compared to the current FY budget and 36.6 percent higher as compared to the revised estimate.</p>

<p style="text-align:justify">The fund for the budget will be raised through revenue of Rs 730.05 billion, Rs 15 billion through return of interests and Rs 72.16 billion through foreign grant.</p>

<p style="text-align:justify">There will be a budget deficit of Rs 461 billion and the government has planned to manage the amount through foreign credit of Rs. 214 billion as well as from internal loans, investments and other means.</p>
',
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			'id' => '5965',
			'article_category_id' => '1',
			'title' => 'Explore Earthmovers Unveiles SDLG Grader in Market',
			'sub_title' => '',
			'summary' => 'May 30: Explore Earthmovers Pvt Ltd has unveiled two models of SDLG Graders in the Nepali market. The company launched SDLG 9138 with three types of blades of 8 feet, 1',
			'content' => '<p style="text-align: justify;">May 30: Explore Earthmovers Pvt Ltd has unveiled two models of SDLG Graders in the Nepali market. The company launched SDLG 9138 with three types of blades of 8 feet, 10 feet and 12 feet. Similarly, the SDLG 9190 comes with 13 feet and 15 feet blades, said the company in a press statement.</p>

<p style="text-align: justify;">According to the company, the cabin built in front of chassis of the grader enables the visibility of the task performed which leads to effective work performance. FOPS/ROPS are the special features of 9190 model, said the company.&nbsp;</p>
',
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			'created' => '2017-05-30',
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			'sortorder' => '5750',
			'image' => '20170530030526_sdlg.jpg',
			'article_date' => '2017-05-30 00:00:00',
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		'Article' => array(
			'id' => '5964',
			'article_category_id' => '1',
			'title' => 'FCAN Representative in Seoul',
			'sub_title' => '',
			'summary' => 'May 30: A delegation of Federation of Contractors’ Associations of Nepal (FCAN) has departed to Seoul, Korea to participate in 43nd IFAWPCA Convention of the International Federation of Asian and Western Pacific Contractors. The convention will start on May 30 and end on June 2. ',
			'content' => '<p style="text-align: justify;">May 30: A delegation of Federation of Contractors&rsquo; Associations of Nepal (FCAN) has departed to Seoul, Korea to participate in 43<sup>nd </sup>IFAWPCA Convention of the International Federation of Asian and Western Pacific Contractors. The convention will start on May 30 and end on June 2.</p>

<p style="text-align: justify;">The delegation of 135 participants is led by Sharad Kumar Gauchan, President of FCAN. The team consists of members, officials and former officials of FCAN central task committee along with contractors of various districts. Bhisnu Bhai Shrestha, Senior Vice-President, Ram Sharan Deuja, Secretary General, Bhishnu Budhathoki, Deputy Secretary General of FCAN saw the team off on their departure.</p>

<p style="text-align: justify;">The convention will discuss the issues related with latest technology used and future of construction business. The convention is being participated by more than 1000 contractors of more than 30 countries.&nbsp;</p>
',
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		'Article' => array(
			'id' => '5963',
			'article_category_id' => '1',
			'title' => 'KNP Women Volleyball Gets Support from Shivam',
			'sub_title' => '',
			'summary' => 'May 30: Shivam Cement is co-sponsoring the third KNP National Women’s Club Volleyball Competition. Surendra Kumar Goyal, Chairman of Shivam Cement and Ranjan Khadka, Chairman of Sher Bahadur Khadka Memorial Trust signed an agreement pape',
			'content' => '<p style="text-align: justify;">May 30: Shivam Cement is co-sponsoring the third KNP National Women&rsquo;s Club Volleyball Competition. Surendra Kumar Goyal, Chairman of Shivam Cement and Ranjan Khadka, Chairman of Sher Bahadur Khadka Memorial Trust signed an agreement paper regarding the matter on May 29. With the agreement, Shivam Cement will provide Rs 300,000 to the organizer. Moreover, the company will also bear the cost of banner, hoarding board and tools set at the stadium throughout the competition.&nbsp;</p>
',
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			'image' => '20170530122835_shivam.jpg',
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			'id' => '5962',
			'article_category_id' => '1',
			'title' => 'Nepal Bank Provides Rs 5.2mn to Construct School Building',
			'sub_title' => '',
			'summary' => 'May 30: Nepal Bank has supported Rs 5.2 million for the building construction of Sipa Deurali Sanskrit Secondary School located at Indrawati Rural Municipalities-6, Sindhupalchowk. The bank handed over the money to Uttam Bikram Thapa, Chairman of School Management Committee and Punya Prasad Acharya, Principle of the school organizing a program in the premises of ',
			'content' => '<p style="text-align: justify;">May 30: Nepal Bank has supported Rs 5.2 million for the building construction of Sipa Deurali Sanskrit Secondary School located at Indrawati Rural Municipalities-6, Sindhupalchowk. The bank handed over the money to Uttam Bikram Thapa, Chairman of School Management Committee and Punya Prasad Acharya, Principle of the school organizing a program in the premises of the school. &ldquo;Nepal Bank extended the support as per its corporate social responsibility,&rdquo; said Durga Raj Regmi, Deputy Chief Executive Officer of the bank.</p>

<p style="text-align: justify;">Shortly before handing over the cheque, the bank&rsquo;s director duo Surendra Bahadur Singh and Dr Umakanta Silwal jointly laid foundation stone of the pillared building of the school. On the occasion, Singh said that the support may increase in future given that the school optimally utilizes the given money. &nbsp;Similarly, Chairman Thapa of the school assured the bank officials of not misusing the support money.&nbsp;</p>
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			'id' => '5961',
			'article_category_id' => '1',
			'title' => 'IME Offers Watch on Ramazan',
			'sub_title' => '',
			'summary' => 'May 30: Remittance Company IME has launched a prize scheme on the occasion of Ramazan. Issuing a press statement, the company said that the customers sending money through IME from the specific branches of Qatar UAE Exchange will be provided an attractive watch.',
			'content' => '<p style="text-align: justify;">May 30: Remittance Company IME has launched a prize scheme on the occasion of Ramazan. Issuing a press statement, the company said that the customers sending money through IME from the specific branches of Qatar UAE Exchange will be provided an attractive watch.</p>

<p style="text-align: justify;">Under the scheme, customers will be given a coupon on the first transaction. Upon showing the coupon during the second transaction, the customer will be provided a watch. The scheme is valid from May 28 to July 28, reads the statement.</p>
',
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			'created' => '2017-05-30',
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			'sortorder' => '5746',
			'image' => '20170530111335_ime.jpg',
			'article_date' => '2017-05-30 00:00:00',
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			'id' => '5960',
			'article_category_id' => '1',
			'title' => 'Panel Discussion on Economic Empowerment of Youths Held',
			'sub_title' => '',
			'summary' => 'May 29: A panel discussion programme on youth issues including economic empowerment and entrepreneurship was held on May 27 in the capital. The event was initiated by Youth of Shangri-la, a youth based NGO and sponsored by RS Moto.',
			'content' => '<p>May 29: A panel discussion programme on youth issues including economic empowerment and entrepreneurship was held on May 27 in the capital. The event was initiated by Youth of Shangri-la, a youth based NGO and sponsored by RS Moto.</p>

<p>The first edition of&nbsp; Shangri-la Discussion Forum mainly focused on strengthening startups, changing the mindset of youth towards their work and skills they have to earn to get into entrepreneurship.</p>

<p>The panelists included youth professionals from different sectors including startups, social enterprise and media. The event was organised with the motive of getting professional views on&nbsp; youth issues and to move forward with the ideas.</p>

<p>&nbsp;After the discussion, the group made plan of action with a commitment to work on betterment of youths with specific&nbsp; themes including economic opportunities to youths.</p>
',
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			'created' => '2017-05-29',
			'modified' => '2017-05-29',
			'keywords' => '',
			'description' => '',
			'sortorder' => '5745',
			'image' => '20170529044234_youth of shangri-la.jpg',
			'article_date' => '2017-05-29 00:00:00',
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			'id' => '5959',
			'article_category_id' => '1',
			'title' => 'National Life Insurance Welcomes FNCCI Officials',
			'sub_title' => '',
			'summary' => 'May 29: National Life Insurance Company has welcomed officials of Federation of Nepalese Chamber of Commerce and Industries (FNCCI) organizing a program. On the occasion, Prema Rajya Laxmi Shah, Chairman of the insurance company said that the private sector should unite and march forward to face the challenges and to exploit th',
			'content' => '<p style="text-align: justify;">May 29: National Life Insurance Company has welcomed officials of Federation of Nepalese Chamber of Commerce and Industries (FNCCI) organizing a program. On the occasion, Prema Rajya Laxmi Shah, Chairman of the insurance company said that the private sector should unite and march forward to face the challenges and to exploit the opportunities that are ahead of FNCCI. She requested the task committee members to support the first women leader of FNCCI.</p>

<p style="text-align: justify;">On the same occasion, FNCCI President Bhawani Rana said that the government, private sector and all stakeholders should focus on economic prosperity of the country. The program was attended by Senior Vice-President of FNCCI Shekhar Golchha, Vice-President Chandra Dhakal and former Presidents of FNCCI Ravi Bhakta Shrestha, Chandi Raj Dhakal and Pashupati Murarka. &nbsp;</p>
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			'image' => '20170529015642_fncci.jpg',
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Dispatcher::_invoke() - CORE/Cake/Routing/Dispatcher.php, line 200
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		'Article' => array(
			'id' => '5974',
			'article_category_id' => '1',
			'title' => 'Growth Rate Target 7.2 per cent in 2017-18',
			'sub_title' => '',
			'summary' => 'May 31: The government has targeted an economic growth rate of 7.2 per cent in the coming fiscal year 2017-18.  Deputy Prime Minister and Finance Minister Krishna Bahadur Mahara, while presenting the budget for the next fiscal year, on May 29, announced that the coming fiscal year would be an entry point of economic growth.',
			'content' => '<p style="text-align: justify;">May 31: The government has targeted an economic growth rate of 7.2 per cent in the coming fiscal year 2017-18. &nbsp;Deputy Prime Minister and Finance Minister Krishna Bahadur Mahara, while presenting the budget for the next fiscal year, on May 29, announced that the coming fiscal year would be an entry point of economic growth.</p>

<p style="text-align: justify;">He said that inflation will also be limited to seven per cent. Mahara also mentioned that the new budget will create 400,000 new employment opportunities and one hundred thousand new self-employments.</p>

<p style="text-align: justify;">According to Former Finance Minister Dr. Ram Sharan Mahat, the government&#39;s target of economic growth seems easy technically but this can be very difficult from the practical point of view. He says that the reasons stated in the budget such as adequate monsoon rain and a situation where there will be no blockade cannot be taken as basis for higher economic growth. &quot;The government has not been able to demonstrate strong basis for sound economic growth,&quot; he mentioned.&nbsp;</p>

<p style="text-align: justify;">Former Minister Mahat said that favorable climate, availability of chemical fertilizers and hybrid seeds can help attain 6.5 per cent growth rate in the current fiscal year.</p>

<p style="text-align: justify;">Similarly, according to Finance Minister Mahara, improvement in power supply, increase in demand of construction as well as consumable materials will help attain 6.9 per cent growth that is more than the targeted 6.5 percent. He said that the annual budget in the previous year had predicted that there will be an inflation of 7.5 per cent this year, whereas in the coming FY, the inflation will be limited to seven per cent.&nbsp;&nbsp;</p>

<p style="text-align: justify;">Former Deputy Governor of Nepal Rastra Bank (NRB), Krishna Bahadur Manandhar assumed that the inflation rate will remain at seven percent in view of the current inflation trend. &quot;Decreasing interest rates and lowering inflation in Indian market will also help Nepal to achieve this target,&quot; said Manandhar. Minister Mahara emphasized that economic growth will contribute to improving the lifestyle of people and also bring improvement in the Human Development Index (HDI).</p>

<p style="text-align: justify;">In the FY 2016/2017, the economic growth rate of Nepal went down to the lowest in 14 years whereas the target was for six per cent.&nbsp; Prior to this, during insurgency period or in the year 2001/2002, the economic growth rate was 0.19 per cent.</p>

<p style="text-align: justify;">The government had a target of six per cent growth in the FY 2016/2017, but due to blockade and massive earthquake in 2015, the target could not be met in that year.</p>

<p style="text-align: justify;">Though the economic growth rate was 2.32 per cent in the year 2015/16, the target was set for six per cent which was unachievable. Every year, the current expenditure of the government is growing, whereas development expense is decreasing.</p>

<p style="text-align: justify;">On one hand, the proportion of development expenses is decreasing and on the other hand, the allocated expenses are also being spent quite less. According to the statistics from the Ministry of Finance, in the duration of the last 10 years, the average economic growth is just 3.8 per cent. The minimum economic growth rate was 0.77 per cent to five per cent in the period since Nepal was declared a Republic till the implementation of the new constitution. However, during this period, the price inflation rate is seven per cent to 13 per cent.</p>

<p style="text-align: justify;">During the tenure of the late Prime Minister Girija Prasad Koirala in the FY 2006/2007, the target of economic growth was 5 per cent and price inflation rate was six per cent. During that period, the government achieved 5.8 per cent economic growth which was more than the target and the price inflation rate was 6.7 per cent which was slightly more than the government&#39;s target.</p>

<p style="text-align: justify;">During Prime Minister Pushpa Kamal Dahal&#39;s first tenure when Baburam Bhattarai&nbsp; was the finance minister in FY 2007/2008, the economic growth rate was only 3.9 per cent while the target was seven per cent.</p>

<p style="text-align: justify;">During the tenure of Madhav Kumar Nepal in 2008/2009, the economic growth rate was 4.3 per cent while the target was of 6.5 per cent. Similarly, during the tenure of Jhalanath Khanal as Prime Minister, the target was set for five percent but the government could only achieve 3.8 per cent of economic growth.</p>

<p style="text-align: justify;">During the tenure of Prime Minister Baburam Bhattarai in FY 2009/2010, when Barshaman Pun was the Finance Minister, the target for economic growth was five percent. Though the target could not be met, the economy saw a growth after two years which was 4.6 per cent.</p>

<p style="text-align: justify;">In 2010/2011, during the tenure of PM Baburam Bhattarai, the government targeted the economic growth rate of 5.5 per cent. However, due to political disturbance, the budget could not come in time and the government could not meet the target.</p>

<p style="text-align: justify;">Similarly, during the government of Khil Raj Regmi as Chairman of the Council of Ministers in FY 2014-15, the government could only reach the target of 4.8 per cent economic growth instead of the target which was 5.5 per cent.</p>

<p style="text-align: justify;">During the tenure of Sushil Koirala as prime minister in 2015/2016, Finance Minister Ram Sharan Mahat achieved only the growth rate of 2.32 per cent which was far less than the target of six per cent.</p>
',
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			'id' => '5973',
			'article_category_id' => '1',
			'title' => 'RP Bakery Awarded National Healthy Food Certificate',
			'sub_title' => '',
			'summary' => 'May 31: RP Bakery, a bakery product manufacturer company under ‘Ramro’ brand has been provided National Healthy Food Safety Certificate. The certificate was provided by Department of Food Technology and Quality Control under the Ministry of Agricultural Development on the occasion of 9th National Food Safety Day-2017. The bakery stood second place in the same platform on 2012.',
			'content' => '<p style="text-align: justify;">May 31: RP Bakery, a bakery product manufacturer company under &lsquo;Ramro&rsquo; brand has been provided National Healthy Food Safety Certificate. The certificate was provided by Department of Food Technology and Quality Control under the Ministry of Agricultural Development on the occasion of 9<sup>th</sup> National Food Safety Day-2017. The bakery stood second place in the same platform on 2012.</p>

<p style="text-align: justify;">The honor has encouraged the bakery to maintain the quality of its product and to meet the responsibility of serving superior products its customers, said Aaditya Agrawal, Director of the bakery.&nbsp;</p>
',
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			'modified' => '2017-05-31',
			'keywords' => '',
			'description' => '',
			'sortorder' => '5758',
			'image' => '20170531014253_ramro.jpg',
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			'article_category_id' => '1',
			'title' => 'Garima Bikas Opens Branch in Chabahil',
			'sub_title' => '',
			'summary' => 'May 31: Garima Bikas Bank, headquartered at Lazimpat, Kathmandu has opened a new branch at Chabahil, Kathmandu. The bank inaugurated the branch amid a program on May 30.',
			'content' => '<p style="text-align: justify;">May 31: Garima Bikas Bank, headquartered at Lazimpat, Kathmandu has opened a new branch at Chabahil, Kathmandu. The bank inaugurated the branch amid a program on May 30.</p>

<p style="text-align: justify;">Garima after acquiring Nilgiri Bikas Bank, headquartered at Myagdi and Suvechya Bikas Bank, headquartered at Chitwan is aggressively expanding its network in the market. Presently, the bank is providing its services through 45 branches.&nbsp;</p>
',
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			'sortorder' => '5757',
			'image' => '20170531124029_garima.jpg',
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			'homepage' => false,
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	(int) 3 => array(
		'Article' => array(
			'id' => '5971',
			'article_category_id' => '1',
			'title' => 'Sindhu Bikas Financial literacy Campaign',
			'sub_title' => '',
			'summary' => 'May 31: Sindhu Bikas Bank, Khadichaur has organized a financial literacy campaign in Lisankhu of Sindhupalchowk and various schools of Sunkoshi Rural Municipality. The campaign which was organized with a slogan ‘Sunaulo Bhabisyaka Lagi Bachat’ was participated by students and people of local area. In the campaign, Ratan Pradhan, bra',
			'content' => '<p style="text-align: justify;">May 31: Sindhu Bikas Bank, Khadichaur has organized a financial literacy campaign in Lisankhu of Sindhupalchowk and various schools of Sunkoshi Rural Municipality. The campaign which was organized with a slogan &lsquo;Sunaulo Bhabisyaka Lagi Bachat&rsquo; was participated by students and people of local area. In the campaign, Ratan Pradhan, branch manager of the Khadichaur informed the participants about banking services and direct benefits of banking accessibility.&nbsp;</p>
',
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			'created' => '2017-05-31',
			'modified' => '2017-05-31',
			'keywords' => '',
			'description' => '',
			'sortorder' => '5756',
			'image' => '20170531122432_sindhu.jpg',
			'article_date' => '2017-05-31 00:00:00',
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		'Article' => array(
			'id' => '5969',
			'article_category_id' => '1',
			'title' => 'Mahindra Exchange camp',
			'sub_title' => '',
			'summary' => 'May 31: Agni Moto Inc, the authorised distributor of Mahindra two-wheelers, has announced ‘Mahindra Two-Wheeler Exchange Camp’.  Issuing a press statement, the company said that the customers can exchange any two-wheelers in the camp. The exchange camp started from Tuesday to June 1 at its Teku showroom.',
			'content' => '<p style="text-align: justify;">May 31: Agni Moto Inc, the authorised distributor of Mahindra two-wheelers, has announced &lsquo;Mahindra Two-Wheeler Exchange Camp&rsquo;.&nbsp; Issuing a press statement, the company said that the customers can exchange any two-wheelers in the camp. The exchange camp started from Tuesday to June 1 at its Teku showroom.</p>

<p style="text-align: justify;">Moreover, the customers who exchanged their two-wheelers would also be eligible to participate in &lsquo;400 per cent bonus cash back&rsquo; scheme. Under the scheme, customers get an opportunity to win 400 percent cash back bonus.&nbsp; &nbsp;</p>
',
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			'description' => '',
			'sortorder' => '5754',
			'image' => '20170531112542_mahindra.jpg',
			'article_date' => '2017-05-31 00:00:00',
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		'Article' => array(
			'id' => '5968',
			'article_category_id' => '1',
			'title' => 'Global IME announces Aakanshya scholarship',
			'sub_title' => '',
			'summary' => 'May 30:  Global IME Bank has announces ‘IME Global IME Aakanshya Scholarship’ for the academic year 2073 BS. In a bid to fulfill desire of students of their bright future, the bank announced the program in collaboration with Higher Institutions and Secondary Schools Association Nepal (HISSAN) and Private and Boarding Schools Organisation Nepal (PABSON).',
			'content' => '<p style="text-align: justify;">May 30:&nbsp; Global IME Bank has announces &lsquo;IME Global IME Aakanshya Scholarship&rsquo; for the academic year 2073 BS. In a bid to fulfill desire of students of their bright future, the bank announced the program in collaboration with Higher Institutions and Secondary Schools Association Nepal (HISSAN) and Private and Boarding Schools Organisation Nepal (PABSON).</p>

<p style="text-align: justify;">The scholarship announcement program was participated by Chandra Prasad Dhakal, Chairman of IME Group, Anil Gyawali, CEO of Global IME, Suman Pokharel, CEO of IME Ltd, Bijay Sambhaafe, Chairman of PABSON and Dr Swagat Shrestha, Vice President of HISSAN.</p>

<p style="text-align: justify;">&ldquo;IME and Global IME Bank jointly announced the scholarship under their corporate social responsibility,&rdquo; said Dhakal, Chairman of IME Group and Vice-President of Federation of Nepalese Chamber of Commerce and Industries (FNCCI). The scholarship has been provided on the basis of scholarship applications submitted by talented but financially week students of standard 1-11 in public, private and community schools. The scholarship fund having Rs 1 million balance was announced last year.&nbsp;</p>
',
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			'sortorder' => '5753',
			'image' => '20170531111414_global ime.jpg',
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			'id' => '5967',
			'article_category_id' => '1',
			'title' => 'Hotelier Shrestha Passes Away',
			'sub_title' => '',
			'summary' => 'May 30: Veteran hotelier and tourism entrepreneur B K Shrestha has passed away at the age of 68. Shrestha who is the Managing Director of Radisson Hotel passed away on Tuesday morning at his residence.',
			'content' => '<p>May 30: Veteran hotelier and tourism entrepreneur B K Shrestha has passed away at the age of 68. Shrestha who is the Managing Director of Radisson Hotel passed away on Tuesday morning at his residence.</p>

<p>Shrestha who also was the President of Hotel Association Nepal (HAN) from 2014 to 2016 was suffering from lung cancer over the last few months. &nbsp;He is known for his four decades of contributions towards Nepali hotel and tourism industry. Founder of the Himalayan Travels and Tours, Shrestha is regarded for his role to commercialize the star hotel business in Nepal. He is survived by his wife and three daughters.&nbsp;</p>
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	(int) 7 => array(
		'Article' => array(
			'id' => '5966',
			'article_category_id' => '1',
			'title' => 'Govt. Presents Rs 1279 billion Budget',
			'sub_title' => '',
			'summary' => 'May 30: The government has unveiled a budget of Rs 1,279 billion for the next Fiscal Year- 2017/18 beginning in July. Deputy Prime Minister and Finance Minister Krishna Bahadur Mahara presented the budget in the parliament on May 29.',
			'content' => '<p style="text-align:justify">May 30: The government has unveiled a budget of Rs 1,279 billion for the next Fiscal Year- 2017/18 beginning in July. Deputy Prime Minister and Finance Minister Krishna Bahadur Mahara presented the budget in the parliament on May 29.</p>

<p style="text-align:justify">Although new programmes were barred in the budget due to the code of conduct of the ongoing local elections, the budget size has been increased, say economists. The budget has soared by 21 percent or by Rs 230 billion as compared to the budget of the current FY, which is Rs 1,048 billion.&nbsp;&nbsp;</p>

<p style="text-align:justify">&ldquo;The budget has not included new programmes except those necessary for the implementation of the federal structure and continuation of the projects of national pride and strategic importance that are currently under construction, due to the code of conduct of local elections,&rdquo; said Minister Mahara.&nbsp;</p>

<p style="text-align:justify">In the budget, Rs 803.53 billion has been allocated for the current expenditure. The current expenditure which is 58 percent of the total budget has been increased by around 63 percent. The government had allocated Rs 617.16 billion for current expenditure in the current fiscal year.&nbsp;&nbsp;</p>

<p style="text-align:justify">Meanwhile, a leader of Nepali Congress and former Finance Minister Dr Ram Sharan&nbsp;Mahat opined that the implementation of the budget will be complicated due to the size of the budget. &ldquo;There is no room for supplementary budget to be brought after the change in power equation,&rdquo; he added.</p>

<p style="text-align:justify">Similarly, Rs 335.17 billion has been allocated for the capital expenditure aimed at economic development, reconstruction and infrastructure development.</p>

<p style="text-align:justify">Though the size of the capital expenditure has increased, its share has decreased in ratio with the total budget. Capital expenditure of Rs 311.94 billion or 29 percent of the budget was allocated in the current FY. As the capital budget size has increased by Rs 23.23 billion, it is only 26.2 percent of the total budget.&nbsp;</p>

<p style="text-align:justify">Likewise, the government has allocated Rs 140 billion in financial management for the next fiscal year, which is 11 percent of the total budget. While the government had also allocated 11 percent of the budget in finance management in the current FY, the amount was only Rs 119.81 billion.</p>

<p style="text-align:justify">Mahara stated that financial management expenditure is higher by 21.9 percent as compared to the current FY budget and 36.6 percent higher as compared to the revised estimate.</p>

<p style="text-align:justify">The fund for the budget will be raised through revenue of Rs 730.05 billion, Rs 15 billion through return of interests and Rs 72.16 billion through foreign grant.</p>

<p style="text-align:justify">There will be a budget deficit of Rs 461 billion and the government has planned to manage the amount through foreign credit of Rs. 214 billion as well as from internal loans, investments and other means.</p>
',
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			'sortorder' => '5751',
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	(int) 8 => array(
		'Article' => array(
			'id' => '5965',
			'article_category_id' => '1',
			'title' => 'Explore Earthmovers Unveiles SDLG Grader in Market',
			'sub_title' => '',
			'summary' => 'May 30: Explore Earthmovers Pvt Ltd has unveiled two models of SDLG Graders in the Nepali market. The company launched SDLG 9138 with three types of blades of 8 feet, 1',
			'content' => '<p style="text-align: justify;">May 30: Explore Earthmovers Pvt Ltd has unveiled two models of SDLG Graders in the Nepali market. The company launched SDLG 9138 with three types of blades of 8 feet, 10 feet and 12 feet. Similarly, the SDLG 9190 comes with 13 feet and 15 feet blades, said the company in a press statement.</p>

<p style="text-align: justify;">According to the company, the cabin built in front of chassis of the grader enables the visibility of the task performed which leads to effective work performance. FOPS/ROPS are the special features of 9190 model, said the company.&nbsp;</p>
',
			'published' => true,
			'created' => '2017-05-30',
			'modified' => '2017-05-30',
			'keywords' => '',
			'description' => '',
			'sortorder' => '5750',
			'image' => '20170530030526_sdlg.jpg',
			'article_date' => '2017-05-30 00:00:00',
			'homepage' => false,
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	(int) 9 => array(
		'Article' => array(
			'id' => '5964',
			'article_category_id' => '1',
			'title' => 'FCAN Representative in Seoul',
			'sub_title' => '',
			'summary' => 'May 30: A delegation of Federation of Contractors’ Associations of Nepal (FCAN) has departed to Seoul, Korea to participate in 43nd IFAWPCA Convention of the International Federation of Asian and Western Pacific Contractors. The convention will start on May 30 and end on June 2. ',
			'content' => '<p style="text-align: justify;">May 30: A delegation of Federation of Contractors&rsquo; Associations of Nepal (FCAN) has departed to Seoul, Korea to participate in 43<sup>nd </sup>IFAWPCA Convention of the International Federation of Asian and Western Pacific Contractors. The convention will start on May 30 and end on June 2.</p>

<p style="text-align: justify;">The delegation of 135 participants is led by Sharad Kumar Gauchan, President of FCAN. The team consists of members, officials and former officials of FCAN central task committee along with contractors of various districts. Bhisnu Bhai Shrestha, Senior Vice-President, Ram Sharan Deuja, Secretary General, Bhishnu Budhathoki, Deputy Secretary General of FCAN saw the team off on their departure.</p>

<p style="text-align: justify;">The convention will discuss the issues related with latest technology used and future of construction business. The convention is being participated by more than 1000 contractors of more than 30 countries.&nbsp;</p>
',
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			'created' => '2017-05-30',
			'modified' => '2017-05-30',
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			'description' => '',
			'sortorder' => '5749',
			'image' => '20170530012610_fcan.jpg',
			'article_date' => '2017-05-30 00:00:00',
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	(int) 10 => array(
		'Article' => array(
			'id' => '5963',
			'article_category_id' => '1',
			'title' => 'KNP Women Volleyball Gets Support from Shivam',
			'sub_title' => '',
			'summary' => 'May 30: Shivam Cement is co-sponsoring the third KNP National Women’s Club Volleyball Competition. Surendra Kumar Goyal, Chairman of Shivam Cement and Ranjan Khadka, Chairman of Sher Bahadur Khadka Memorial Trust signed an agreement pape',
			'content' => '<p style="text-align: justify;">May 30: Shivam Cement is co-sponsoring the third KNP National Women&rsquo;s Club Volleyball Competition. Surendra Kumar Goyal, Chairman of Shivam Cement and Ranjan Khadka, Chairman of Sher Bahadur Khadka Memorial Trust signed an agreement paper regarding the matter on May 29. With the agreement, Shivam Cement will provide Rs 300,000 to the organizer. Moreover, the company will also bear the cost of banner, hoarding board and tools set at the stadium throughout the competition.&nbsp;</p>
',
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			'created' => '2017-05-30',
			'modified' => '2017-05-30',
			'keywords' => '',
			'description' => '',
			'sortorder' => '5748',
			'image' => '20170530122835_shivam.jpg',
			'article_date' => '2017-05-30 00:00:00',
			'homepage' => false,
			'breaking_news' => false,
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	(int) 11 => array(
		'Article' => array(
			'id' => '5962',
			'article_category_id' => '1',
			'title' => 'Nepal Bank Provides Rs 5.2mn to Construct School Building',
			'sub_title' => '',
			'summary' => 'May 30: Nepal Bank has supported Rs 5.2 million for the building construction of Sipa Deurali Sanskrit Secondary School located at Indrawati Rural Municipalities-6, Sindhupalchowk. The bank handed over the money to Uttam Bikram Thapa, Chairman of School Management Committee and Punya Prasad Acharya, Principle of the school organizing a program in the premises of ',
			'content' => '<p style="text-align: justify;">May 30: Nepal Bank has supported Rs 5.2 million for the building construction of Sipa Deurali Sanskrit Secondary School located at Indrawati Rural Municipalities-6, Sindhupalchowk. The bank handed over the money to Uttam Bikram Thapa, Chairman of School Management Committee and Punya Prasad Acharya, Principle of the school organizing a program in the premises of the school. &ldquo;Nepal Bank extended the support as per its corporate social responsibility,&rdquo; said Durga Raj Regmi, Deputy Chief Executive Officer of the bank.</p>

<p style="text-align: justify;">Shortly before handing over the cheque, the bank&rsquo;s director duo Surendra Bahadur Singh and Dr Umakanta Silwal jointly laid foundation stone of the pillared building of the school. On the occasion, Singh said that the support may increase in future given that the school optimally utilizes the given money. &nbsp;Similarly, Chairman Thapa of the school assured the bank officials of not misusing the support money.&nbsp;</p>
',
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			'sortorder' => '5747',
			'image' => '20170530113834_nepal bank.jpg',
			'article_date' => '2017-05-30 00:00:00',
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			'id' => '5961',
			'article_category_id' => '1',
			'title' => 'IME Offers Watch on Ramazan',
			'sub_title' => '',
			'summary' => 'May 30: Remittance Company IME has launched a prize scheme on the occasion of Ramazan. Issuing a press statement, the company said that the customers sending money through IME from the specific branches of Qatar UAE Exchange will be provided an attractive watch.',
			'content' => '<p style="text-align: justify;">May 30: Remittance Company IME has launched a prize scheme on the occasion of Ramazan. Issuing a press statement, the company said that the customers sending money through IME from the specific branches of Qatar UAE Exchange will be provided an attractive watch.</p>

<p style="text-align: justify;">Under the scheme, customers will be given a coupon on the first transaction. Upon showing the coupon during the second transaction, the customer will be provided a watch. The scheme is valid from May 28 to July 28, reads the statement.</p>
',
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			'created' => '2017-05-30',
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			'sortorder' => '5746',
			'image' => '20170530111335_ime.jpg',
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		'Article' => array(
			'id' => '5960',
			'article_category_id' => '1',
			'title' => 'Panel Discussion on Economic Empowerment of Youths Held',
			'sub_title' => '',
			'summary' => 'May 29: A panel discussion programme on youth issues including economic empowerment and entrepreneurship was held on May 27 in the capital. The event was initiated by Youth of Shangri-la, a youth based NGO and sponsored by RS Moto.',
			'content' => '<p>May 29: A panel discussion programme on youth issues including economic empowerment and entrepreneurship was held on May 27 in the capital. The event was initiated by Youth of Shangri-la, a youth based NGO and sponsored by RS Moto.</p>

<p>The first edition of&nbsp; Shangri-la Discussion Forum mainly focused on strengthening startups, changing the mindset of youth towards their work and skills they have to earn to get into entrepreneurship.</p>

<p>The panelists included youth professionals from different sectors including startups, social enterprise and media. The event was organised with the motive of getting professional views on&nbsp; youth issues and to move forward with the ideas.</p>

<p>&nbsp;After the discussion, the group made plan of action with a commitment to work on betterment of youths with specific&nbsp; themes including economic opportunities to youths.</p>
',
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			'created' => '2017-05-29',
			'modified' => '2017-05-29',
			'keywords' => '',
			'description' => '',
			'sortorder' => '5745',
			'image' => '20170529044234_youth of shangri-la.jpg',
			'article_date' => '2017-05-29 00:00:00',
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			'id' => '5959',
			'article_category_id' => '1',
			'title' => 'National Life Insurance Welcomes FNCCI Officials',
			'sub_title' => '',
			'summary' => 'May 29: National Life Insurance Company has welcomed officials of Federation of Nepalese Chamber of Commerce and Industries (FNCCI) organizing a program. On the occasion, Prema Rajya Laxmi Shah, Chairman of the insurance company said that the private sector should unite and march forward to face the challenges and to exploit th',
			'content' => '<p style="text-align: justify;">May 29: National Life Insurance Company has welcomed officials of Federation of Nepalese Chamber of Commerce and Industries (FNCCI) organizing a program. On the occasion, Prema Rajya Laxmi Shah, Chairman of the insurance company said that the private sector should unite and march forward to face the challenges and to exploit the opportunities that are ahead of FNCCI. She requested the task committee members to support the first women leader of FNCCI.</p>

<p style="text-align: justify;">On the same occasion, FNCCI President Bhawani Rana said that the government, private sector and all stakeholders should focus on economic prosperity of the country. The program was attended by Senior Vice-President of FNCCI Shekhar Golchha, Vice-President Chandra Dhakal and former Presidents of FNCCI Ravi Bhakta Shrestha, Chandi Raj Dhakal and Pashupati Murarka. &nbsp;</p>
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			'image' => '20170529015642_fncci.jpg',
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View::element() - CORE/Cake/View/View.php, line 418
include - APP/View/Articles/index.ctp, line 157
View::_evaluate() - CORE/Cake/View/View.php, line 971
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View::render() - CORE/Cake/View/View.php, line 473
Controller::render() - CORE/Cake/Controller/Controller.php, line 968
Dispatcher::_invoke() - CORE/Cake/Routing/Dispatcher.php, line 200
Dispatcher::dispatch() - CORE/Cake/Routing/Dispatcher.php, line 167
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Notice (8): Undefined variable: file [APP/View/Elements/side_bar.ctp, line 133]
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		'Article' => array(
			'id' => '5974',
			'article_category_id' => '1',
			'title' => 'Growth Rate Target 7.2 per cent in 2017-18',
			'sub_title' => '',
			'summary' => 'May 31: The government has targeted an economic growth rate of 7.2 per cent in the coming fiscal year 2017-18.  Deputy Prime Minister and Finance Minister Krishna Bahadur Mahara, while presenting the budget for the next fiscal year, on May 29, announced that the coming fiscal year would be an entry point of economic growth.',
			'content' => '<p style="text-align: justify;">May 31: The government has targeted an economic growth rate of 7.2 per cent in the coming fiscal year 2017-18. &nbsp;Deputy Prime Minister and Finance Minister Krishna Bahadur Mahara, while presenting the budget for the next fiscal year, on May 29, announced that the coming fiscal year would be an entry point of economic growth.</p>

<p style="text-align: justify;">He said that inflation will also be limited to seven per cent. Mahara also mentioned that the new budget will create 400,000 new employment opportunities and one hundred thousand new self-employments.</p>

<p style="text-align: justify;">According to Former Finance Minister Dr. Ram Sharan Mahat, the government&#39;s target of economic growth seems easy technically but this can be very difficult from the practical point of view. He says that the reasons stated in the budget such as adequate monsoon rain and a situation where there will be no blockade cannot be taken as basis for higher economic growth. &quot;The government has not been able to demonstrate strong basis for sound economic growth,&quot; he mentioned.&nbsp;</p>

<p style="text-align: justify;">Former Minister Mahat said that favorable climate, availability of chemical fertilizers and hybrid seeds can help attain 6.5 per cent growth rate in the current fiscal year.</p>

<p style="text-align: justify;">Similarly, according to Finance Minister Mahara, improvement in power supply, increase in demand of construction as well as consumable materials will help attain 6.9 per cent growth that is more than the targeted 6.5 percent. He said that the annual budget in the previous year had predicted that there will be an inflation of 7.5 per cent this year, whereas in the coming FY, the inflation will be limited to seven per cent.&nbsp;&nbsp;</p>

<p style="text-align: justify;">Former Deputy Governor of Nepal Rastra Bank (NRB), Krishna Bahadur Manandhar assumed that the inflation rate will remain at seven percent in view of the current inflation trend. &quot;Decreasing interest rates and lowering inflation in Indian market will also help Nepal to achieve this target,&quot; said Manandhar. Minister Mahara emphasized that economic growth will contribute to improving the lifestyle of people and also bring improvement in the Human Development Index (HDI).</p>

<p style="text-align: justify;">In the FY 2016/2017, the economic growth rate of Nepal went down to the lowest in 14 years whereas the target was for six per cent.&nbsp; Prior to this, during insurgency period or in the year 2001/2002, the economic growth rate was 0.19 per cent.</p>

<p style="text-align: justify;">The government had a target of six per cent growth in the FY 2016/2017, but due to blockade and massive earthquake in 2015, the target could not be met in that year.</p>

<p style="text-align: justify;">Though the economic growth rate was 2.32 per cent in the year 2015/16, the target was set for six per cent which was unachievable. Every year, the current expenditure of the government is growing, whereas development expense is decreasing.</p>

<p style="text-align: justify;">On one hand, the proportion of development expenses is decreasing and on the other hand, the allocated expenses are also being spent quite less. According to the statistics from the Ministry of Finance, in the duration of the last 10 years, the average economic growth is just 3.8 per cent. The minimum economic growth rate was 0.77 per cent to five per cent in the period since Nepal was declared a Republic till the implementation of the new constitution. However, during this period, the price inflation rate is seven per cent to 13 per cent.</p>

<p style="text-align: justify;">During the tenure of the late Prime Minister Girija Prasad Koirala in the FY 2006/2007, the target of economic growth was 5 per cent and price inflation rate was six per cent. During that period, the government achieved 5.8 per cent economic growth which was more than the target and the price inflation rate was 6.7 per cent which was slightly more than the government&#39;s target.</p>

<p style="text-align: justify;">During Prime Minister Pushpa Kamal Dahal&#39;s first tenure when Baburam Bhattarai&nbsp; was the finance minister in FY 2007/2008, the economic growth rate was only 3.9 per cent while the target was seven per cent.</p>

<p style="text-align: justify;">During the tenure of Madhav Kumar Nepal in 2008/2009, the economic growth rate was 4.3 per cent while the target was of 6.5 per cent. Similarly, during the tenure of Jhalanath Khanal as Prime Minister, the target was set for five percent but the government could only achieve 3.8 per cent of economic growth.</p>

<p style="text-align: justify;">During the tenure of Prime Minister Baburam Bhattarai in FY 2009/2010, when Barshaman Pun was the Finance Minister, the target for economic growth was five percent. Though the target could not be met, the economy saw a growth after two years which was 4.6 per cent.</p>

<p style="text-align: justify;">In 2010/2011, during the tenure of PM Baburam Bhattarai, the government targeted the economic growth rate of 5.5 per cent. However, due to political disturbance, the budget could not come in time and the government could not meet the target.</p>

<p style="text-align: justify;">Similarly, during the government of Khil Raj Regmi as Chairman of the Council of Ministers in FY 2014-15, the government could only reach the target of 4.8 per cent economic growth instead of the target which was 5.5 per cent.</p>

<p style="text-align: justify;">During the tenure of Sushil Koirala as prime minister in 2015/2016, Finance Minister Ram Sharan Mahat achieved only the growth rate of 2.32 per cent which was far less than the target of six per cent.</p>
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			'id' => '5973',
			'article_category_id' => '1',
			'title' => 'RP Bakery Awarded National Healthy Food Certificate',
			'sub_title' => '',
			'summary' => 'May 31: RP Bakery, a bakery product manufacturer company under ‘Ramro’ brand has been provided National Healthy Food Safety Certificate. The certificate was provided by Department of Food Technology and Quality Control under the Ministry of Agricultural Development on the occasion of 9th National Food Safety Day-2017. The bakery stood second place in the same platform on 2012.',
			'content' => '<p style="text-align: justify;">May 31: RP Bakery, a bakery product manufacturer company under &lsquo;Ramro&rsquo; brand has been provided National Healthy Food Safety Certificate. The certificate was provided by Department of Food Technology and Quality Control under the Ministry of Agricultural Development on the occasion of 9<sup>th</sup> National Food Safety Day-2017. The bakery stood second place in the same platform on 2012.</p>

<p style="text-align: justify;">The honor has encouraged the bakery to maintain the quality of its product and to meet the responsibility of serving superior products its customers, said Aaditya Agrawal, Director of the bakery.&nbsp;</p>
',
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			'image' => '20170531014253_ramro.jpg',
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		'Article' => array(
			'id' => '5972',
			'article_category_id' => '1',
			'title' => 'Garima Bikas Opens Branch in Chabahil',
			'sub_title' => '',
			'summary' => 'May 31: Garima Bikas Bank, headquartered at Lazimpat, Kathmandu has opened a new branch at Chabahil, Kathmandu. The bank inaugurated the branch amid a program on May 30.',
			'content' => '<p style="text-align: justify;">May 31: Garima Bikas Bank, headquartered at Lazimpat, Kathmandu has opened a new branch at Chabahil, Kathmandu. The bank inaugurated the branch amid a program on May 30.</p>

<p style="text-align: justify;">Garima after acquiring Nilgiri Bikas Bank, headquartered at Myagdi and Suvechya Bikas Bank, headquartered at Chitwan is aggressively expanding its network in the market. Presently, the bank is providing its services through 45 branches.&nbsp;</p>
',
			'published' => true,
			'created' => '2017-05-31',
			'modified' => '2017-05-31',
			'keywords' => '',
			'description' => '',
			'sortorder' => '5757',
			'image' => '20170531124029_garima.jpg',
			'article_date' => '2017-05-31 00:00:00',
			'homepage' => false,
			'breaking_news' => false,
			'main_news' => true,
			'in_scroller' => false,
			'user_id' => '16'
		)
	),
	(int) 3 => array(
		'Article' => array(
			'id' => '5971',
			'article_category_id' => '1',
			'title' => 'Sindhu Bikas Financial literacy Campaign',
			'sub_title' => '',
			'summary' => 'May 31: Sindhu Bikas Bank, Khadichaur has organized a financial literacy campaign in Lisankhu of Sindhupalchowk and various schools of Sunkoshi Rural Municipality. The campaign which was organized with a slogan ‘Sunaulo Bhabisyaka Lagi Bachat’ was participated by students and people of local area. In the campaign, Ratan Pradhan, bra',
			'content' => '<p style="text-align: justify;">May 31: Sindhu Bikas Bank, Khadichaur has organized a financial literacy campaign in Lisankhu of Sindhupalchowk and various schools of Sunkoshi Rural Municipality. The campaign which was organized with a slogan &lsquo;Sunaulo Bhabisyaka Lagi Bachat&rsquo; was participated by students and people of local area. In the campaign, Ratan Pradhan, branch manager of the Khadichaur informed the participants about banking services and direct benefits of banking accessibility.&nbsp;</p>
',
			'published' => true,
			'created' => '2017-05-31',
			'modified' => '2017-05-31',
			'keywords' => '',
			'description' => '',
			'sortorder' => '5756',
			'image' => '20170531122432_sindhu.jpg',
			'article_date' => '2017-05-31 00:00:00',
			'homepage' => false,
			'breaking_news' => false,
			'main_news' => true,
			'in_scroller' => false,
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	),
	(int) 4 => array(
		'Article' => array(
			'id' => '5969',
			'article_category_id' => '1',
			'title' => 'Mahindra Exchange camp',
			'sub_title' => '',
			'summary' => 'May 31: Agni Moto Inc, the authorised distributor of Mahindra two-wheelers, has announced ‘Mahindra Two-Wheeler Exchange Camp’.  Issuing a press statement, the company said that the customers can exchange any two-wheelers in the camp. The exchange camp started from Tuesday to June 1 at its Teku showroom.',
			'content' => '<p style="text-align: justify;">May 31: Agni Moto Inc, the authorised distributor of Mahindra two-wheelers, has announced &lsquo;Mahindra Two-Wheeler Exchange Camp&rsquo;.&nbsp; Issuing a press statement, the company said that the customers can exchange any two-wheelers in the camp. The exchange camp started from Tuesday to June 1 at its Teku showroom.</p>

<p style="text-align: justify;">Moreover, the customers who exchanged their two-wheelers would also be eligible to participate in &lsquo;400 per cent bonus cash back&rsquo; scheme. Under the scheme, customers get an opportunity to win 400 percent cash back bonus.&nbsp; &nbsp;</p>
',
			'published' => true,
			'created' => '2017-05-31',
			'modified' => '2017-05-31',
			'keywords' => '',
			'description' => '',
			'sortorder' => '5754',
			'image' => '20170531112542_mahindra.jpg',
			'article_date' => '2017-05-31 00:00:00',
			'homepage' => false,
			'breaking_news' => false,
			'main_news' => true,
			'in_scroller' => false,
			'user_id' => '16'
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	),
	(int) 5 => array(
		'Article' => array(
			'id' => '5968',
			'article_category_id' => '1',
			'title' => 'Global IME announces Aakanshya scholarship',
			'sub_title' => '',
			'summary' => 'May 30:  Global IME Bank has announces ‘IME Global IME Aakanshya Scholarship’ for the academic year 2073 BS. In a bid to fulfill desire of students of their bright future, the bank announced the program in collaboration with Higher Institutions and Secondary Schools Association Nepal (HISSAN) and Private and Boarding Schools Organisation Nepal (PABSON).',
			'content' => '<p style="text-align: justify;">May 30:&nbsp; Global IME Bank has announces &lsquo;IME Global IME Aakanshya Scholarship&rsquo; for the academic year 2073 BS. In a bid to fulfill desire of students of their bright future, the bank announced the program in collaboration with Higher Institutions and Secondary Schools Association Nepal (HISSAN) and Private and Boarding Schools Organisation Nepal (PABSON).</p>

<p style="text-align: justify;">The scholarship announcement program was participated by Chandra Prasad Dhakal, Chairman of IME Group, Anil Gyawali, CEO of Global IME, Suman Pokharel, CEO of IME Ltd, Bijay Sambhaafe, Chairman of PABSON and Dr Swagat Shrestha, Vice President of HISSAN.</p>

<p style="text-align: justify;">&ldquo;IME and Global IME Bank jointly announced the scholarship under their corporate social responsibility,&rdquo; said Dhakal, Chairman of IME Group and Vice-President of Federation of Nepalese Chamber of Commerce and Industries (FNCCI). The scholarship has been provided on the basis of scholarship applications submitted by talented but financially week students of standard 1-11 in public, private and community schools. The scholarship fund having Rs 1 million balance was announced last year.&nbsp;</p>
',
			'published' => true,
			'created' => '2017-05-31',
			'modified' => '2017-05-31',
			'keywords' => '',
			'description' => '',
			'sortorder' => '5753',
			'image' => '20170531111414_global ime.jpg',
			'article_date' => '2017-05-31 00:00:00',
			'homepage' => false,
			'breaking_news' => false,
			'main_news' => true,
			'in_scroller' => false,
			'user_id' => '16'
		)
	),
	(int) 6 => array(
		'Article' => array(
			'id' => '5967',
			'article_category_id' => '1',
			'title' => 'Hotelier Shrestha Passes Away',
			'sub_title' => '',
			'summary' => 'May 30: Veteran hotelier and tourism entrepreneur B K Shrestha has passed away at the age of 68. Shrestha who is the Managing Director of Radisson Hotel passed away on Tuesday morning at his residence.',
			'content' => '<p>May 30: Veteran hotelier and tourism entrepreneur B K Shrestha has passed away at the age of 68. Shrestha who is the Managing Director of Radisson Hotel passed away on Tuesday morning at his residence.</p>

<p>Shrestha who also was the President of Hotel Association Nepal (HAN) from 2014 to 2016 was suffering from lung cancer over the last few months. &nbsp;He is known for his four decades of contributions towards Nepali hotel and tourism industry. Founder of the Himalayan Travels and Tours, Shrestha is regarded for his role to commercialize the star hotel business in Nepal. He is survived by his wife and three daughters.&nbsp;</p>
',
			'published' => true,
			'created' => '2017-05-30',
			'modified' => '2017-05-30',
			'keywords' => '',
			'description' => '',
			'sortorder' => '5752',
			'image' => '20170530043304_bk shrestha.jpg',
			'article_date' => '2017-05-30 00:00:00',
			'homepage' => false,
			'breaking_news' => false,
			'main_news' => true,
			'in_scroller' => false,
			'user_id' => '16'
		)
	),
	(int) 7 => array(
		'Article' => array(
			'id' => '5966',
			'article_category_id' => '1',
			'title' => 'Govt. Presents Rs 1279 billion Budget',
			'sub_title' => '',
			'summary' => 'May 30: The government has unveiled a budget of Rs 1,279 billion for the next Fiscal Year- 2017/18 beginning in July. Deputy Prime Minister and Finance Minister Krishna Bahadur Mahara presented the budget in the parliament on May 29.',
			'content' => '<p style="text-align:justify">May 30: The government has unveiled a budget of Rs 1,279 billion for the next Fiscal Year- 2017/18 beginning in July. Deputy Prime Minister and Finance Minister Krishna Bahadur Mahara presented the budget in the parliament on May 29.</p>

<p style="text-align:justify">Although new programmes were barred in the budget due to the code of conduct of the ongoing local elections, the budget size has been increased, say economists. The budget has soared by 21 percent or by Rs 230 billion as compared to the budget of the current FY, which is Rs 1,048 billion.&nbsp;&nbsp;</p>

<p style="text-align:justify">&ldquo;The budget has not included new programmes except those necessary for the implementation of the federal structure and continuation of the projects of national pride and strategic importance that are currently under construction, due to the code of conduct of local elections,&rdquo; said Minister Mahara.&nbsp;</p>

<p style="text-align:justify">In the budget, Rs 803.53 billion has been allocated for the current expenditure. The current expenditure which is 58 percent of the total budget has been increased by around 63 percent. The government had allocated Rs 617.16 billion for current expenditure in the current fiscal year.&nbsp;&nbsp;</p>

<p style="text-align:justify">Meanwhile, a leader of Nepali Congress and former Finance Minister Dr Ram Sharan&nbsp;Mahat opined that the implementation of the budget will be complicated due to the size of the budget. &ldquo;There is no room for supplementary budget to be brought after the change in power equation,&rdquo; he added.</p>

<p style="text-align:justify">Similarly, Rs 335.17 billion has been allocated for the capital expenditure aimed at economic development, reconstruction and infrastructure development.</p>

<p style="text-align:justify">Though the size of the capital expenditure has increased, its share has decreased in ratio with the total budget. Capital expenditure of Rs 311.94 billion or 29 percent of the budget was allocated in the current FY. As the capital budget size has increased by Rs 23.23 billion, it is only 26.2 percent of the total budget.&nbsp;</p>

<p style="text-align:justify">Likewise, the government has allocated Rs 140 billion in financial management for the next fiscal year, which is 11 percent of the total budget. While the government had also allocated 11 percent of the budget in finance management in the current FY, the amount was only Rs 119.81 billion.</p>

<p style="text-align:justify">Mahara stated that financial management expenditure is higher by 21.9 percent as compared to the current FY budget and 36.6 percent higher as compared to the revised estimate.</p>

<p style="text-align:justify">The fund for the budget will be raised through revenue of Rs 730.05 billion, Rs 15 billion through return of interests and Rs 72.16 billion through foreign grant.</p>

<p style="text-align:justify">There will be a budget deficit of Rs 461 billion and the government has planned to manage the amount through foreign credit of Rs. 214 billion as well as from internal loans, investments and other means.</p>
',
			'published' => true,
			'created' => '2017-05-30',
			'modified' => '2017-05-30',
			'keywords' => '',
			'description' => '',
			'sortorder' => '5751',
			'image' => '20170530035546_budget.JPG',
			'article_date' => '2017-05-30 00:00:00',
			'homepage' => false,
			'breaking_news' => false,
			'main_news' => true,
			'in_scroller' => false,
			'user_id' => '16'
		)
	),
	(int) 8 => array(
		'Article' => array(
			'id' => '5965',
			'article_category_id' => '1',
			'title' => 'Explore Earthmovers Unveiles SDLG Grader in Market',
			'sub_title' => '',
			'summary' => 'May 30: Explore Earthmovers Pvt Ltd has unveiled two models of SDLG Graders in the Nepali market. The company launched SDLG 9138 with three types of blades of 8 feet, 1',
			'content' => '<p style="text-align: justify;">May 30: Explore Earthmovers Pvt Ltd has unveiled two models of SDLG Graders in the Nepali market. The company launched SDLG 9138 with three types of blades of 8 feet, 10 feet and 12 feet. Similarly, the SDLG 9190 comes with 13 feet and 15 feet blades, said the company in a press statement.</p>

<p style="text-align: justify;">According to the company, the cabin built in front of chassis of the grader enables the visibility of the task performed which leads to effective work performance. FOPS/ROPS are the special features of 9190 model, said the company.&nbsp;</p>
',
			'published' => true,
			'created' => '2017-05-30',
			'modified' => '2017-05-30',
			'keywords' => '',
			'description' => '',
			'sortorder' => '5750',
			'image' => '20170530030526_sdlg.jpg',
			'article_date' => '2017-05-30 00:00:00',
			'homepage' => false,
			'breaking_news' => false,
			'main_news' => true,
			'in_scroller' => false,
			'user_id' => '16'
		)
	),
	(int) 9 => array(
		'Article' => array(
			'id' => '5964',
			'article_category_id' => '1',
			'title' => 'FCAN Representative in Seoul',
			'sub_title' => '',
			'summary' => 'May 30: A delegation of Federation of Contractors’ Associations of Nepal (FCAN) has departed to Seoul, Korea to participate in 43nd IFAWPCA Convention of the International Federation of Asian and Western Pacific Contractors. The convention will start on May 30 and end on June 2. ',
			'content' => '<p style="text-align: justify;">May 30: A delegation of Federation of Contractors&rsquo; Associations of Nepal (FCAN) has departed to Seoul, Korea to participate in 43<sup>nd </sup>IFAWPCA Convention of the International Federation of Asian and Western Pacific Contractors. The convention will start on May 30 and end on June 2.</p>

<p style="text-align: justify;">The delegation of 135 participants is led by Sharad Kumar Gauchan, President of FCAN. The team consists of members, officials and former officials of FCAN central task committee along with contractors of various districts. Bhisnu Bhai Shrestha, Senior Vice-President, Ram Sharan Deuja, Secretary General, Bhishnu Budhathoki, Deputy Secretary General of FCAN saw the team off on their departure.</p>

<p style="text-align: justify;">The convention will discuss the issues related with latest technology used and future of construction business. The convention is being participated by more than 1000 contractors of more than 30 countries.&nbsp;</p>
',
			'published' => true,
			'created' => '2017-05-30',
			'modified' => '2017-05-30',
			'keywords' => '',
			'description' => '',
			'sortorder' => '5749',
			'image' => '20170530012610_fcan.jpg',
			'article_date' => '2017-05-30 00:00:00',
			'homepage' => false,
			'breaking_news' => false,
			'main_news' => true,
			'in_scroller' => false,
			'user_id' => '16'
		)
	),
	(int) 10 => array(
		'Article' => array(
			'id' => '5963',
			'article_category_id' => '1',
			'title' => 'KNP Women Volleyball Gets Support from Shivam',
			'sub_title' => '',
			'summary' => 'May 30: Shivam Cement is co-sponsoring the third KNP National Women’s Club Volleyball Competition. Surendra Kumar Goyal, Chairman of Shivam Cement and Ranjan Khadka, Chairman of Sher Bahadur Khadka Memorial Trust signed an agreement pape',
			'content' => '<p style="text-align: justify;">May 30: Shivam Cement is co-sponsoring the third KNP National Women&rsquo;s Club Volleyball Competition. Surendra Kumar Goyal, Chairman of Shivam Cement and Ranjan Khadka, Chairman of Sher Bahadur Khadka Memorial Trust signed an agreement paper regarding the matter on May 29. With the agreement, Shivam Cement will provide Rs 300,000 to the organizer. Moreover, the company will also bear the cost of banner, hoarding board and tools set at the stadium throughout the competition.&nbsp;</p>
',
			'published' => true,
			'created' => '2017-05-30',
			'modified' => '2017-05-30',
			'keywords' => '',
			'description' => '',
			'sortorder' => '5748',
			'image' => '20170530122835_shivam.jpg',
			'article_date' => '2017-05-30 00:00:00',
			'homepage' => false,
			'breaking_news' => false,
			'main_news' => true,
			'in_scroller' => false,
			'user_id' => '16'
		)
	),
	(int) 11 => array(
		'Article' => array(
			'id' => '5962',
			'article_category_id' => '1',
			'title' => 'Nepal Bank Provides Rs 5.2mn to Construct School Building',
			'sub_title' => '',
			'summary' => 'May 30: Nepal Bank has supported Rs 5.2 million for the building construction of Sipa Deurali Sanskrit Secondary School located at Indrawati Rural Municipalities-6, Sindhupalchowk. The bank handed over the money to Uttam Bikram Thapa, Chairman of School Management Committee and Punya Prasad Acharya, Principle of the school organizing a program in the premises of ',
			'content' => '<p style="text-align: justify;">May 30: Nepal Bank has supported Rs 5.2 million for the building construction of Sipa Deurali Sanskrit Secondary School located at Indrawati Rural Municipalities-6, Sindhupalchowk. The bank handed over the money to Uttam Bikram Thapa, Chairman of School Management Committee and Punya Prasad Acharya, Principle of the school organizing a program in the premises of the school. &ldquo;Nepal Bank extended the support as per its corporate social responsibility,&rdquo; said Durga Raj Regmi, Deputy Chief Executive Officer of the bank.</p>

<p style="text-align: justify;">Shortly before handing over the cheque, the bank&rsquo;s director duo Surendra Bahadur Singh and Dr Umakanta Silwal jointly laid foundation stone of the pillared building of the school. On the occasion, Singh said that the support may increase in future given that the school optimally utilizes the given money. &nbsp;Similarly, Chairman Thapa of the school assured the bank officials of not misusing the support money.&nbsp;</p>
',
			'published' => true,
			'created' => '2017-05-30',
			'modified' => '2017-05-30',
			'keywords' => '',
			'description' => '',
			'sortorder' => '5747',
			'image' => '20170530113834_nepal bank.jpg',
			'article_date' => '2017-05-30 00:00:00',
			'homepage' => false,
			'breaking_news' => false,
			'main_news' => true,
			'in_scroller' => false,
			'user_id' => '16'
		)
	),
	(int) 12 => array(
		'Article' => array(
			'id' => '5961',
			'article_category_id' => '1',
			'title' => 'IME Offers Watch on Ramazan',
			'sub_title' => '',
			'summary' => 'May 30: Remittance Company IME has launched a prize scheme on the occasion of Ramazan. Issuing a press statement, the company said that the customers sending money through IME from the specific branches of Qatar UAE Exchange will be provided an attractive watch.',
			'content' => '<p style="text-align: justify;">May 30: Remittance Company IME has launched a prize scheme on the occasion of Ramazan. Issuing a press statement, the company said that the customers sending money through IME from the specific branches of Qatar UAE Exchange will be provided an attractive watch.</p>

<p style="text-align: justify;">Under the scheme, customers will be given a coupon on the first transaction. Upon showing the coupon during the second transaction, the customer will be provided a watch. The scheme is valid from May 28 to July 28, reads the statement.</p>
',
			'published' => true,
			'created' => '2017-05-30',
			'modified' => '2017-05-30',
			'keywords' => '',
			'description' => '',
			'sortorder' => '5746',
			'image' => '20170530111335_ime.jpg',
			'article_date' => '2017-05-30 00:00:00',
			'homepage' => false,
			'breaking_news' => false,
			'main_news' => true,
			'in_scroller' => false,
			'user_id' => '16'
		)
	),
	(int) 13 => array(
		'Article' => array(
			'id' => '5960',
			'article_category_id' => '1',
			'title' => 'Panel Discussion on Economic Empowerment of Youths Held',
			'sub_title' => '',
			'summary' => 'May 29: A panel discussion programme on youth issues including economic empowerment and entrepreneurship was held on May 27 in the capital. The event was initiated by Youth of Shangri-la, a youth based NGO and sponsored by RS Moto.',
			'content' => '<p>May 29: A panel discussion programme on youth issues including economic empowerment and entrepreneurship was held on May 27 in the capital. The event was initiated by Youth of Shangri-la, a youth based NGO and sponsored by RS Moto.</p>

<p>The first edition of&nbsp; Shangri-la Discussion Forum mainly focused on strengthening startups, changing the mindset of youth towards their work and skills they have to earn to get into entrepreneurship.</p>

<p>The panelists included youth professionals from different sectors including startups, social enterprise and media. The event was organised with the motive of getting professional views on&nbsp; youth issues and to move forward with the ideas.</p>

<p>&nbsp;After the discussion, the group made plan of action with a commitment to work on betterment of youths with specific&nbsp; themes including economic opportunities to youths.</p>
',
			'published' => true,
			'created' => '2017-05-29',
			'modified' => '2017-05-29',
			'keywords' => '',
			'description' => '',
			'sortorder' => '5745',
			'image' => '20170529044234_youth of shangri-la.jpg',
			'article_date' => '2017-05-29 00:00:00',
			'homepage' => false,
			'breaking_news' => false,
			'main_news' => true,
			'in_scroller' => false,
			'user_id' => '16'
		)
	),
	(int) 14 => array(
		'Article' => array(
			'id' => '5959',
			'article_category_id' => '1',
			'title' => 'National Life Insurance Welcomes FNCCI Officials',
			'sub_title' => '',
			'summary' => 'May 29: National Life Insurance Company has welcomed officials of Federation of Nepalese Chamber of Commerce and Industries (FNCCI) organizing a program. On the occasion, Prema Rajya Laxmi Shah, Chairman of the insurance company said that the private sector should unite and march forward to face the challenges and to exploit th',
			'content' => '<p style="text-align: justify;">May 29: National Life Insurance Company has welcomed officials of Federation of Nepalese Chamber of Commerce and Industries (FNCCI) organizing a program. On the occasion, Prema Rajya Laxmi Shah, Chairman of the insurance company said that the private sector should unite and march forward to face the challenges and to exploit the opportunities that are ahead of FNCCI. She requested the task committee members to support the first women leader of FNCCI.</p>

<p style="text-align: justify;">On the same occasion, FNCCI President Bhawani Rana said that the government, private sector and all stakeholders should focus on economic prosperity of the country. The program was attended by Senior Vice-President of FNCCI Shekhar Golchha, Vice-President Chandra Dhakal and former Presidents of FNCCI Ravi Bhakta Shrestha, Chandi Raj Dhakal and Pashupati Murarka. &nbsp;</p>
',
			'published' => true,
			'created' => '2017-05-29',
			'modified' => '2017-05-29',
			'keywords' => '',
			'description' => '',
			'sortorder' => '5744',
			'image' => '20170529015642_fncci.jpg',
			'article_date' => '2017-05-29 00:00:00',
			'homepage' => false,
			'breaking_news' => false,
			'main_news' => true,
			'in_scroller' => false,
			'user_id' => '16'
		)
	)
)
$current_user = null
$logged_in = false
$xml = false
include - APP/View/Elements/side_bar.ctp, line 133
View::_evaluate() - CORE/Cake/View/View.php, line 971
View::_render() - CORE/Cake/View/View.php, line 933
View::_renderElement() - CORE/Cake/View/View.php, line 1224
View::element() - CORE/Cake/View/View.php, line 418
include - APP/View/Articles/index.ctp, line 157
View::_evaluate() - CORE/Cake/View/View.php, line 971
View::_render() - CORE/Cake/View/View.php, line 933
View::render() - CORE/Cake/View/View.php, line 473
Controller::render() - CORE/Cake/Controller/Controller.php, line 968
Dispatcher::_invoke() - CORE/Cake/Routing/Dispatcher.php, line 200
Dispatcher::dispatch() - CORE/Cake/Routing/Dispatcher.php, line 167
[main] - APP/webroot/index.php, line 117

Warning (2): simplexml_load_file() [<a href='http://php.net/function.simplexml-load-file'>function.simplexml-load-file</a>]: I/O warning : failed to load external entity &quot;&quot; [APP/View/Elements/side_bar.ctp, line 133]
Code Context
  //  $file = 'http://aabhiyan:QUVLg8Wzs2F7G9N7@nepalstock.com.np/api/subindexdata.xml';



    if(!$xml = simplexml_load_file($file)){
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	(int) 0 => array(
		'Article' => array(
			'id' => '5974',
			'article_category_id' => '1',
			'title' => 'Growth Rate Target 7.2 per cent in 2017-18',
			'sub_title' => '',
			'summary' => 'May 31: The government has targeted an economic growth rate of 7.2 per cent in the coming fiscal year 2017-18.  Deputy Prime Minister and Finance Minister Krishna Bahadur Mahara, while presenting the budget for the next fiscal year, on May 29, announced that the coming fiscal year would be an entry point of economic growth.',
			'content' => '<p style="text-align: justify;">May 31: The government has targeted an economic growth rate of 7.2 per cent in the coming fiscal year 2017-18. &nbsp;Deputy Prime Minister and Finance Minister Krishna Bahadur Mahara, while presenting the budget for the next fiscal year, on May 29, announced that the coming fiscal year would be an entry point of economic growth.</p>

<p style="text-align: justify;">He said that inflation will also be limited to seven per cent. Mahara also mentioned that the new budget will create 400,000 new employment opportunities and one hundred thousand new self-employments.</p>

<p style="text-align: justify;">According to Former Finance Minister Dr. Ram Sharan Mahat, the government&#39;s target of economic growth seems easy technically but this can be very difficult from the practical point of view. He says that the reasons stated in the budget such as adequate monsoon rain and a situation where there will be no blockade cannot be taken as basis for higher economic growth. &quot;The government has not been able to demonstrate strong basis for sound economic growth,&quot; he mentioned.&nbsp;</p>

<p style="text-align: justify;">Former Minister Mahat said that favorable climate, availability of chemical fertilizers and hybrid seeds can help attain 6.5 per cent growth rate in the current fiscal year.</p>

<p style="text-align: justify;">Similarly, according to Finance Minister Mahara, improvement in power supply, increase in demand of construction as well as consumable materials will help attain 6.9 per cent growth that is more than the targeted 6.5 percent. He said that the annual budget in the previous year had predicted that there will be an inflation of 7.5 per cent this year, whereas in the coming FY, the inflation will be limited to seven per cent.&nbsp;&nbsp;</p>

<p style="text-align: justify;">Former Deputy Governor of Nepal Rastra Bank (NRB), Krishna Bahadur Manandhar assumed that the inflation rate will remain at seven percent in view of the current inflation trend. &quot;Decreasing interest rates and lowering inflation in Indian market will also help Nepal to achieve this target,&quot; said Manandhar. Minister Mahara emphasized that economic growth will contribute to improving the lifestyle of people and also bring improvement in the Human Development Index (HDI).</p>

<p style="text-align: justify;">In the FY 2016/2017, the economic growth rate of Nepal went down to the lowest in 14 years whereas the target was for six per cent.&nbsp; Prior to this, during insurgency period or in the year 2001/2002, the economic growth rate was 0.19 per cent.</p>

<p style="text-align: justify;">The government had a target of six per cent growth in the FY 2016/2017, but due to blockade and massive earthquake in 2015, the target could not be met in that year.</p>

<p style="text-align: justify;">Though the economic growth rate was 2.32 per cent in the year 2015/16, the target was set for six per cent which was unachievable. Every year, the current expenditure of the government is growing, whereas development expense is decreasing.</p>

<p style="text-align: justify;">On one hand, the proportion of development expenses is decreasing and on the other hand, the allocated expenses are also being spent quite less. According to the statistics from the Ministry of Finance, in the duration of the last 10 years, the average economic growth is just 3.8 per cent. The minimum economic growth rate was 0.77 per cent to five per cent in the period since Nepal was declared a Republic till the implementation of the new constitution. However, during this period, the price inflation rate is seven per cent to 13 per cent.</p>

<p style="text-align: justify;">During the tenure of the late Prime Minister Girija Prasad Koirala in the FY 2006/2007, the target of economic growth was 5 per cent and price inflation rate was six per cent. During that period, the government achieved 5.8 per cent economic growth which was more than the target and the price inflation rate was 6.7 per cent which was slightly more than the government&#39;s target.</p>

<p style="text-align: justify;">During Prime Minister Pushpa Kamal Dahal&#39;s first tenure when Baburam Bhattarai&nbsp; was the finance minister in FY 2007/2008, the economic growth rate was only 3.9 per cent while the target was seven per cent.</p>

<p style="text-align: justify;">During the tenure of Madhav Kumar Nepal in 2008/2009, the economic growth rate was 4.3 per cent while the target was of 6.5 per cent. Similarly, during the tenure of Jhalanath Khanal as Prime Minister, the target was set for five percent but the government could only achieve 3.8 per cent of economic growth.</p>

<p style="text-align: justify;">During the tenure of Prime Minister Baburam Bhattarai in FY 2009/2010, when Barshaman Pun was the Finance Minister, the target for economic growth was five percent. Though the target could not be met, the economy saw a growth after two years which was 4.6 per cent.</p>

<p style="text-align: justify;">In 2010/2011, during the tenure of PM Baburam Bhattarai, the government targeted the economic growth rate of 5.5 per cent. However, due to political disturbance, the budget could not come in time and the government could not meet the target.</p>

<p style="text-align: justify;">Similarly, during the government of Khil Raj Regmi as Chairman of the Council of Ministers in FY 2014-15, the government could only reach the target of 4.8 per cent economic growth instead of the target which was 5.5 per cent.</p>

<p style="text-align: justify;">During the tenure of Sushil Koirala as prime minister in 2015/2016, Finance Minister Ram Sharan Mahat achieved only the growth rate of 2.32 per cent which was far less than the target of six per cent.</p>
',
			'published' => true,
			'created' => '2017-05-31',
			'modified' => '2017-05-31',
			'keywords' => '',
			'description' => '',
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		'Article' => array(
			'id' => '5973',
			'article_category_id' => '1',
			'title' => 'RP Bakery Awarded National Healthy Food Certificate',
			'sub_title' => '',
			'summary' => 'May 31: RP Bakery, a bakery product manufacturer company under ‘Ramro’ brand has been provided National Healthy Food Safety Certificate. The certificate was provided by Department of Food Technology and Quality Control under the Ministry of Agricultural Development on the occasion of 9th National Food Safety Day-2017. The bakery stood second place in the same platform on 2012.',
			'content' => '<p style="text-align: justify;">May 31: RP Bakery, a bakery product manufacturer company under &lsquo;Ramro&rsquo; brand has been provided National Healthy Food Safety Certificate. The certificate was provided by Department of Food Technology and Quality Control under the Ministry of Agricultural Development on the occasion of 9<sup>th</sup> National Food Safety Day-2017. The bakery stood second place in the same platform on 2012.</p>

<p style="text-align: justify;">The honor has encouraged the bakery to maintain the quality of its product and to meet the responsibility of serving superior products its customers, said Aaditya Agrawal, Director of the bakery.&nbsp;</p>
',
			'published' => true,
			'created' => '2017-05-31',
			'modified' => '2017-05-31',
			'keywords' => '',
			'description' => '',
			'sortorder' => '5758',
			'image' => '20170531014253_ramro.jpg',
			'article_date' => '2017-05-31 00:00:00',
			'homepage' => false,
			'breaking_news' => false,
			'main_news' => true,
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		'Article' => array(
			'id' => '5972',
			'article_category_id' => '1',
			'title' => 'Garima Bikas Opens Branch in Chabahil',
			'sub_title' => '',
			'summary' => 'May 31: Garima Bikas Bank, headquartered at Lazimpat, Kathmandu has opened a new branch at Chabahil, Kathmandu. The bank inaugurated the branch amid a program on May 30.',
			'content' => '<p style="text-align: justify;">May 31: Garima Bikas Bank, headquartered at Lazimpat, Kathmandu has opened a new branch at Chabahil, Kathmandu. The bank inaugurated the branch amid a program on May 30.</p>

<p style="text-align: justify;">Garima after acquiring Nilgiri Bikas Bank, headquartered at Myagdi and Suvechya Bikas Bank, headquartered at Chitwan is aggressively expanding its network in the market. Presently, the bank is providing its services through 45 branches.&nbsp;</p>
',
			'published' => true,
			'created' => '2017-05-31',
			'modified' => '2017-05-31',
			'keywords' => '',
			'description' => '',
			'sortorder' => '5757',
			'image' => '20170531124029_garima.jpg',
			'article_date' => '2017-05-31 00:00:00',
			'homepage' => false,
			'breaking_news' => false,
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	(int) 3 => array(
		'Article' => array(
			'id' => '5971',
			'article_category_id' => '1',
			'title' => 'Sindhu Bikas Financial literacy Campaign',
			'sub_title' => '',
			'summary' => 'May 31: Sindhu Bikas Bank, Khadichaur has organized a financial literacy campaign in Lisankhu of Sindhupalchowk and various schools of Sunkoshi Rural Municipality. The campaign which was organized with a slogan ‘Sunaulo Bhabisyaka Lagi Bachat’ was participated by students and people of local area. In the campaign, Ratan Pradhan, bra',
			'content' => '<p style="text-align: justify;">May 31: Sindhu Bikas Bank, Khadichaur has organized a financial literacy campaign in Lisankhu of Sindhupalchowk and various schools of Sunkoshi Rural Municipality. The campaign which was organized with a slogan &lsquo;Sunaulo Bhabisyaka Lagi Bachat&rsquo; was participated by students and people of local area. In the campaign, Ratan Pradhan, branch manager of the Khadichaur informed the participants about banking services and direct benefits of banking accessibility.&nbsp;</p>
',
			'published' => true,
			'created' => '2017-05-31',
			'modified' => '2017-05-31',
			'keywords' => '',
			'description' => '',
			'sortorder' => '5756',
			'image' => '20170531122432_sindhu.jpg',
			'article_date' => '2017-05-31 00:00:00',
			'homepage' => false,
			'breaking_news' => false,
			'main_news' => true,
			'in_scroller' => false,
			'user_id' => '16'
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	(int) 4 => array(
		'Article' => array(
			'id' => '5969',
			'article_category_id' => '1',
			'title' => 'Mahindra Exchange camp',
			'sub_title' => '',
			'summary' => 'May 31: Agni Moto Inc, the authorised distributor of Mahindra two-wheelers, has announced ‘Mahindra Two-Wheeler Exchange Camp’.  Issuing a press statement, the company said that the customers can exchange any two-wheelers in the camp. The exchange camp started from Tuesday to June 1 at its Teku showroom.',
			'content' => '<p style="text-align: justify;">May 31: Agni Moto Inc, the authorised distributor of Mahindra two-wheelers, has announced &lsquo;Mahindra Two-Wheeler Exchange Camp&rsquo;.&nbsp; Issuing a press statement, the company said that the customers can exchange any two-wheelers in the camp. The exchange camp started from Tuesday to June 1 at its Teku showroom.</p>

<p style="text-align: justify;">Moreover, the customers who exchanged their two-wheelers would also be eligible to participate in &lsquo;400 per cent bonus cash back&rsquo; scheme. Under the scheme, customers get an opportunity to win 400 percent cash back bonus.&nbsp; &nbsp;</p>
',
			'published' => true,
			'created' => '2017-05-31',
			'modified' => '2017-05-31',
			'keywords' => '',
			'description' => '',
			'sortorder' => '5754',
			'image' => '20170531112542_mahindra.jpg',
			'article_date' => '2017-05-31 00:00:00',
			'homepage' => false,
			'breaking_news' => false,
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			'in_scroller' => false,
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	(int) 5 => array(
		'Article' => array(
			'id' => '5968',
			'article_category_id' => '1',
			'title' => 'Global IME announces Aakanshya scholarship',
			'sub_title' => '',
			'summary' => 'May 30:  Global IME Bank has announces ‘IME Global IME Aakanshya Scholarship’ for the academic year 2073 BS. In a bid to fulfill desire of students of their bright future, the bank announced the program in collaboration with Higher Institutions and Secondary Schools Association Nepal (HISSAN) and Private and Boarding Schools Organisation Nepal (PABSON).',
			'content' => '<p style="text-align: justify;">May 30:&nbsp; Global IME Bank has announces &lsquo;IME Global IME Aakanshya Scholarship&rsquo; for the academic year 2073 BS. In a bid to fulfill desire of students of their bright future, the bank announced the program in collaboration with Higher Institutions and Secondary Schools Association Nepal (HISSAN) and Private and Boarding Schools Organisation Nepal (PABSON).</p>

<p style="text-align: justify;">The scholarship announcement program was participated by Chandra Prasad Dhakal, Chairman of IME Group, Anil Gyawali, CEO of Global IME, Suman Pokharel, CEO of IME Ltd, Bijay Sambhaafe, Chairman of PABSON and Dr Swagat Shrestha, Vice President of HISSAN.</p>

<p style="text-align: justify;">&ldquo;IME and Global IME Bank jointly announced the scholarship under their corporate social responsibility,&rdquo; said Dhakal, Chairman of IME Group and Vice-President of Federation of Nepalese Chamber of Commerce and Industries (FNCCI). The scholarship has been provided on the basis of scholarship applications submitted by talented but financially week students of standard 1-11 in public, private and community schools. The scholarship fund having Rs 1 million balance was announced last year.&nbsp;</p>
',
			'published' => true,
			'created' => '2017-05-31',
			'modified' => '2017-05-31',
			'keywords' => '',
			'description' => '',
			'sortorder' => '5753',
			'image' => '20170531111414_global ime.jpg',
			'article_date' => '2017-05-31 00:00:00',
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	(int) 6 => array(
		'Article' => array(
			'id' => '5967',
			'article_category_id' => '1',
			'title' => 'Hotelier Shrestha Passes Away',
			'sub_title' => '',
			'summary' => 'May 30: Veteran hotelier and tourism entrepreneur B K Shrestha has passed away at the age of 68. Shrestha who is the Managing Director of Radisson Hotel passed away on Tuesday morning at his residence.',
			'content' => '<p>May 30: Veteran hotelier and tourism entrepreneur B K Shrestha has passed away at the age of 68. Shrestha who is the Managing Director of Radisson Hotel passed away on Tuesday morning at his residence.</p>

<p>Shrestha who also was the President of Hotel Association Nepal (HAN) from 2014 to 2016 was suffering from lung cancer over the last few months. &nbsp;He is known for his four decades of contributions towards Nepali hotel and tourism industry. Founder of the Himalayan Travels and Tours, Shrestha is regarded for his role to commercialize the star hotel business in Nepal. He is survived by his wife and three daughters.&nbsp;</p>
',
			'published' => true,
			'created' => '2017-05-30',
			'modified' => '2017-05-30',
			'keywords' => '',
			'description' => '',
			'sortorder' => '5752',
			'image' => '20170530043304_bk shrestha.jpg',
			'article_date' => '2017-05-30 00:00:00',
			'homepage' => false,
			'breaking_news' => false,
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	(int) 7 => array(
		'Article' => array(
			'id' => '5966',
			'article_category_id' => '1',
			'title' => 'Govt. Presents Rs 1279 billion Budget',
			'sub_title' => '',
			'summary' => 'May 30: The government has unveiled a budget of Rs 1,279 billion for the next Fiscal Year- 2017/18 beginning in July. Deputy Prime Minister and Finance Minister Krishna Bahadur Mahara presented the budget in the parliament on May 29.',
			'content' => '<p style="text-align:justify">May 30: The government has unveiled a budget of Rs 1,279 billion for the next Fiscal Year- 2017/18 beginning in July. Deputy Prime Minister and Finance Minister Krishna Bahadur Mahara presented the budget in the parliament on May 29.</p>

<p style="text-align:justify">Although new programmes were barred in the budget due to the code of conduct of the ongoing local elections, the budget size has been increased, say economists. The budget has soared by 21 percent or by Rs 230 billion as compared to the budget of the current FY, which is Rs 1,048 billion.&nbsp;&nbsp;</p>

<p style="text-align:justify">&ldquo;The budget has not included new programmes except those necessary for the implementation of the federal structure and continuation of the projects of national pride and strategic importance that are currently under construction, due to the code of conduct of local elections,&rdquo; said Minister Mahara.&nbsp;</p>

<p style="text-align:justify">In the budget, Rs 803.53 billion has been allocated for the current expenditure. The current expenditure which is 58 percent of the total budget has been increased by around 63 percent. The government had allocated Rs 617.16 billion for current expenditure in the current fiscal year.&nbsp;&nbsp;</p>

<p style="text-align:justify">Meanwhile, a leader of Nepali Congress and former Finance Minister Dr Ram Sharan&nbsp;Mahat opined that the implementation of the budget will be complicated due to the size of the budget. &ldquo;There is no room for supplementary budget to be brought after the change in power equation,&rdquo; he added.</p>

<p style="text-align:justify">Similarly, Rs 335.17 billion has been allocated for the capital expenditure aimed at economic development, reconstruction and infrastructure development.</p>

<p style="text-align:justify">Though the size of the capital expenditure has increased, its share has decreased in ratio with the total budget. Capital expenditure of Rs 311.94 billion or 29 percent of the budget was allocated in the current FY. As the capital budget size has increased by Rs 23.23 billion, it is only 26.2 percent of the total budget.&nbsp;</p>

<p style="text-align:justify">Likewise, the government has allocated Rs 140 billion in financial management for the next fiscal year, which is 11 percent of the total budget. While the government had also allocated 11 percent of the budget in finance management in the current FY, the amount was only Rs 119.81 billion.</p>

<p style="text-align:justify">Mahara stated that financial management expenditure is higher by 21.9 percent as compared to the current FY budget and 36.6 percent higher as compared to the revised estimate.</p>

<p style="text-align:justify">The fund for the budget will be raised through revenue of Rs 730.05 billion, Rs 15 billion through return of interests and Rs 72.16 billion through foreign grant.</p>

<p style="text-align:justify">There will be a budget deficit of Rs 461 billion and the government has planned to manage the amount through foreign credit of Rs. 214 billion as well as from internal loans, investments and other means.</p>
',
			'published' => true,
			'created' => '2017-05-30',
			'modified' => '2017-05-30',
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			'sortorder' => '5751',
			'image' => '20170530035546_budget.JPG',
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	(int) 8 => array(
		'Article' => array(
			'id' => '5965',
			'article_category_id' => '1',
			'title' => 'Explore Earthmovers Unveiles SDLG Grader in Market',
			'sub_title' => '',
			'summary' => 'May 30: Explore Earthmovers Pvt Ltd has unveiled two models of SDLG Graders in the Nepali market. The company launched SDLG 9138 with three types of blades of 8 feet, 1',
			'content' => '<p style="text-align: justify;">May 30: Explore Earthmovers Pvt Ltd has unveiled two models of SDLG Graders in the Nepali market. The company launched SDLG 9138 with three types of blades of 8 feet, 10 feet and 12 feet. Similarly, the SDLG 9190 comes with 13 feet and 15 feet blades, said the company in a press statement.</p>

<p style="text-align: justify;">According to the company, the cabin built in front of chassis of the grader enables the visibility of the task performed which leads to effective work performance. FOPS/ROPS are the special features of 9190 model, said the company.&nbsp;</p>
',
			'published' => true,
			'created' => '2017-05-30',
			'modified' => '2017-05-30',
			'keywords' => '',
			'description' => '',
			'sortorder' => '5750',
			'image' => '20170530030526_sdlg.jpg',
			'article_date' => '2017-05-30 00:00:00',
			'homepage' => false,
			'breaking_news' => false,
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	(int) 9 => array(
		'Article' => array(
			'id' => '5964',
			'article_category_id' => '1',
			'title' => 'FCAN Representative in Seoul',
			'sub_title' => '',
			'summary' => 'May 30: A delegation of Federation of Contractors’ Associations of Nepal (FCAN) has departed to Seoul, Korea to participate in 43nd IFAWPCA Convention of the International Federation of Asian and Western Pacific Contractors. The convention will start on May 30 and end on June 2. ',
			'content' => '<p style="text-align: justify;">May 30: A delegation of Federation of Contractors&rsquo; Associations of Nepal (FCAN) has departed to Seoul, Korea to participate in 43<sup>nd </sup>IFAWPCA Convention of the International Federation of Asian and Western Pacific Contractors. The convention will start on May 30 and end on June 2.</p>

<p style="text-align: justify;">The delegation of 135 participants is led by Sharad Kumar Gauchan, President of FCAN. The team consists of members, officials and former officials of FCAN central task committee along with contractors of various districts. Bhisnu Bhai Shrestha, Senior Vice-President, Ram Sharan Deuja, Secretary General, Bhishnu Budhathoki, Deputy Secretary General of FCAN saw the team off on their departure.</p>

<p style="text-align: justify;">The convention will discuss the issues related with latest technology used and future of construction business. The convention is being participated by more than 1000 contractors of more than 30 countries.&nbsp;</p>
',
			'published' => true,
			'created' => '2017-05-30',
			'modified' => '2017-05-30',
			'keywords' => '',
			'description' => '',
			'sortorder' => '5749',
			'image' => '20170530012610_fcan.jpg',
			'article_date' => '2017-05-30 00:00:00',
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	(int) 10 => array(
		'Article' => array(
			'id' => '5963',
			'article_category_id' => '1',
			'title' => 'KNP Women Volleyball Gets Support from Shivam',
			'sub_title' => '',
			'summary' => 'May 30: Shivam Cement is co-sponsoring the third KNP National Women’s Club Volleyball Competition. Surendra Kumar Goyal, Chairman of Shivam Cement and Ranjan Khadka, Chairman of Sher Bahadur Khadka Memorial Trust signed an agreement pape',
			'content' => '<p style="text-align: justify;">May 30: Shivam Cement is co-sponsoring the third KNP National Women&rsquo;s Club Volleyball Competition. Surendra Kumar Goyal, Chairman of Shivam Cement and Ranjan Khadka, Chairman of Sher Bahadur Khadka Memorial Trust signed an agreement paper regarding the matter on May 29. With the agreement, Shivam Cement will provide Rs 300,000 to the organizer. Moreover, the company will also bear the cost of banner, hoarding board and tools set at the stadium throughout the competition.&nbsp;</p>
',
			'published' => true,
			'created' => '2017-05-30',
			'modified' => '2017-05-30',
			'keywords' => '',
			'description' => '',
			'sortorder' => '5748',
			'image' => '20170530122835_shivam.jpg',
			'article_date' => '2017-05-30 00:00:00',
			'homepage' => false,
			'breaking_news' => false,
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	(int) 11 => array(
		'Article' => array(
			'id' => '5962',
			'article_category_id' => '1',
			'title' => 'Nepal Bank Provides Rs 5.2mn to Construct School Building',
			'sub_title' => '',
			'summary' => 'May 30: Nepal Bank has supported Rs 5.2 million for the building construction of Sipa Deurali Sanskrit Secondary School located at Indrawati Rural Municipalities-6, Sindhupalchowk. The bank handed over the money to Uttam Bikram Thapa, Chairman of School Management Committee and Punya Prasad Acharya, Principle of the school organizing a program in the premises of ',
			'content' => '<p style="text-align: justify;">May 30: Nepal Bank has supported Rs 5.2 million for the building construction of Sipa Deurali Sanskrit Secondary School located at Indrawati Rural Municipalities-6, Sindhupalchowk. The bank handed over the money to Uttam Bikram Thapa, Chairman of School Management Committee and Punya Prasad Acharya, Principle of the school organizing a program in the premises of the school. &ldquo;Nepal Bank extended the support as per its corporate social responsibility,&rdquo; said Durga Raj Regmi, Deputy Chief Executive Officer of the bank.</p>

<p style="text-align: justify;">Shortly before handing over the cheque, the bank&rsquo;s director duo Surendra Bahadur Singh and Dr Umakanta Silwal jointly laid foundation stone of the pillared building of the school. On the occasion, Singh said that the support may increase in future given that the school optimally utilizes the given money. &nbsp;Similarly, Chairman Thapa of the school assured the bank officials of not misusing the support money.&nbsp;</p>
',
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			'created' => '2017-05-30',
			'modified' => '2017-05-30',
			'keywords' => '',
			'description' => '',
			'sortorder' => '5747',
			'image' => '20170530113834_nepal bank.jpg',
			'article_date' => '2017-05-30 00:00:00',
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	(int) 12 => array(
		'Article' => array(
			'id' => '5961',
			'article_category_id' => '1',
			'title' => 'IME Offers Watch on Ramazan',
			'sub_title' => '',
			'summary' => 'May 30: Remittance Company IME has launched a prize scheme on the occasion of Ramazan. Issuing a press statement, the company said that the customers sending money through IME from the specific branches of Qatar UAE Exchange will be provided an attractive watch.',
			'content' => '<p style="text-align: justify;">May 30: Remittance Company IME has launched a prize scheme on the occasion of Ramazan. Issuing a press statement, the company said that the customers sending money through IME from the specific branches of Qatar UAE Exchange will be provided an attractive watch.</p>

<p style="text-align: justify;">Under the scheme, customers will be given a coupon on the first transaction. Upon showing the coupon during the second transaction, the customer will be provided a watch. The scheme is valid from May 28 to July 28, reads the statement.</p>
',
			'published' => true,
			'created' => '2017-05-30',
			'modified' => '2017-05-30',
			'keywords' => '',
			'description' => '',
			'sortorder' => '5746',
			'image' => '20170530111335_ime.jpg',
			'article_date' => '2017-05-30 00:00:00',
			'homepage' => false,
			'breaking_news' => false,
			'main_news' => true,
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	(int) 13 => array(
		'Article' => array(
			'id' => '5960',
			'article_category_id' => '1',
			'title' => 'Panel Discussion on Economic Empowerment of Youths Held',
			'sub_title' => '',
			'summary' => 'May 29: A panel discussion programme on youth issues including economic empowerment and entrepreneurship was held on May 27 in the capital. The event was initiated by Youth of Shangri-la, a youth based NGO and sponsored by RS Moto.',
			'content' => '<p>May 29: A panel discussion programme on youth issues including economic empowerment and entrepreneurship was held on May 27 in the capital. The event was initiated by Youth of Shangri-la, a youth based NGO and sponsored by RS Moto.</p>

<p>The first edition of&nbsp; Shangri-la Discussion Forum mainly focused on strengthening startups, changing the mindset of youth towards their work and skills they have to earn to get into entrepreneurship.</p>

<p>The panelists included youth professionals from different sectors including startups, social enterprise and media. The event was organised with the motive of getting professional views on&nbsp; youth issues and to move forward with the ideas.</p>

<p>&nbsp;After the discussion, the group made plan of action with a commitment to work on betterment of youths with specific&nbsp; themes including economic opportunities to youths.</p>
',
			'published' => true,
			'created' => '2017-05-29',
			'modified' => '2017-05-29',
			'keywords' => '',
			'description' => '',
			'sortorder' => '5745',
			'image' => '20170529044234_youth of shangri-la.jpg',
			'article_date' => '2017-05-29 00:00:00',
			'homepage' => false,
			'breaking_news' => false,
			'main_news' => true,
			'in_scroller' => false,
			'user_id' => '16'
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	),
	(int) 14 => array(
		'Article' => array(
			'id' => '5959',
			'article_category_id' => '1',
			'title' => 'National Life Insurance Welcomes FNCCI Officials',
			'sub_title' => '',
			'summary' => 'May 29: National Life Insurance Company has welcomed officials of Federation of Nepalese Chamber of Commerce and Industries (FNCCI) organizing a program. On the occasion, Prema Rajya Laxmi Shah, Chairman of the insurance company said that the private sector should unite and march forward to face the challenges and to exploit th',
			'content' => '<p style="text-align: justify;">May 29: National Life Insurance Company has welcomed officials of Federation of Nepalese Chamber of Commerce and Industries (FNCCI) organizing a program. On the occasion, Prema Rajya Laxmi Shah, Chairman of the insurance company said that the private sector should unite and march forward to face the challenges and to exploit the opportunities that are ahead of FNCCI. She requested the task committee members to support the first women leader of FNCCI.</p>

<p style="text-align: justify;">On the same occasion, FNCCI President Bhawani Rana said that the government, private sector and all stakeholders should focus on economic prosperity of the country. The program was attended by Senior Vice-President of FNCCI Shekhar Golchha, Vice-President Chandra Dhakal and former Presidents of FNCCI Ravi Bhakta Shrestha, Chandi Raj Dhakal and Pashupati Murarka. &nbsp;</p>
',
			'published' => true,
			'created' => '2017-05-29',
			'modified' => '2017-05-29',
			'keywords' => '',
			'description' => '',
			'sortorder' => '5744',
			'image' => '20170529015642_fncci.jpg',
			'article_date' => '2017-05-29 00:00:00',
			'homepage' => false,
			'breaking_news' => false,
			'main_news' => true,
			'in_scroller' => false,
			'user_id' => '16'
		)
	)
)
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