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The election this time was quite historic as it was fought not only in democratic spirit but it had all killing spirits between the contesting panels. It took many years to achieve this grandeur of fighting spirit that got literally demonstrated beyond ballot. It was but natural for the FNCCI electorates to be inspired by the fights surrounding all around them.<br /> <br /> <br /> </span></div> <div style="margin-bottom: 0.0001pt; text-align: justify; text-indent: 14.15pt; line-height: 11pt; vertical-align: middle;"> <span style="font-size: 9.5pt;">The political leaders of the same party and those supposedly following the same principle, if any they have, are fighting cats and dogs. The trade unions are not only fighting with their employers but also between the factions in themselves. A few revolutionary parties have also waged a diplomatic war throwing shoes and pelting stones to some foreign diplomats. Some horrible, oooch! honourable Members of the revered Constituent Assembly(CA) who tried to write constitutional provisions in Red Passports are now fighting legal battles. All apart, the largest party in the CA is more inclined to fight than to write the constitution. To cut it short, there is fight in every spectrum of national life and how can one expect only the business community not to breathe the air from national atmosphere and remain shy of fighting.<br /> <br /> <br /> </span></div> <div style="margin-bottom: 0.0001pt; text-align: justify; text-indent: 14.15pt; line-height: 11pt; vertical-align: middle;"> </div> <div style="margin-bottom: 0.0001pt; text-align: justify; text-indent: 14.15pt; line-height: 11pt; vertical-align: middle;"> <span style="font-size: 9.5pt;"><img align="left" alt="nolaughingmatter" border="1" height="267" hspace="5" src="http://newbusinessage.com/ckfinder/userfiles/Images/no laugh(2).jpg" style="width: 292px; height: 267px;margin:10px;padding:10px;" vspace="5" width="292" />In fact, the body fight was the only thing left to make the FNCCI an institution compatible to our true national character. Everybody else in the society raised their fists and waved their legs to kick somebody from home or office but not the chamber members. This was the only gap left in the respectable members of apex chamber of the country to qualify as the national heroes. Now the brave brothers of business fraternity have done the job professionally making everybody feel proud about it. Thus it has been established now that private sectors’ leaders are not differently able or mentally retarded but physically capable and mentally sharp. Not to mention a special ability of the business community to be absolutely spendthrift when chips are actually down. This election was the latest testimony to it. To remind, there was a fight to finish spirit in the money game as well.</span></div> <div style="margin-bottom: 0.0001pt; text-align: justify; text-indent: 14.15pt; line-height: 11pt; vertical-align: middle;"> <br /> <br /> </div> <div style="margin-bottom: 0.0001pt; text-align: justify; text-indent: 14.15pt; line-height: 11pt; vertical-align: middle;"> <span style="font-size: 9.5pt;"> The exposition of this purely new quality amongst the business leaders, the true spirit of fighting among others, now ensures high pace of economic growth and prosperity of the nation. The country had remained poor so long only because our business community loathed the fight. Now they are on board and hopes for economic revolution are as high as ever before. Let's take a cue ! The political revolution was possible due to the fact that the politicians always fought like dogs among themselves. If Nepal wants economic revolution as well then the businessmen should also fight like the politicians. Apparently, now on, the Nepali business community will continue to learn from Nepali politics.</span></div> <div style="margin-bottom: 0.0001pt; text-align: justify; text-indent: 14.15pt; line-height: 11pt; vertical-align: middle;"> <br /> <br /> </div> <div> <span style="font-size: 9.5pt; line-height: 115%;">The revival of the fighting spirit and money mixing in ballots are indeed great achievements in this direction. Now, the fighting spirit, like in politics, should be able to kill all other spirits like democratic, nationalistic or ethical spirits to name a few. This only will make FNCCI an institution of repute and dignity that suits to twenty-first century national umbrella chamber.<br /> <br /> <br /> </span></div>', 'published' => true, 'created' => '2011-05-31', 'modified' => '2012-09-16', 'keywords' => '', 'description' => 'The FNCCI has elected a new President. 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style="line-height: 120%;"><img alt="" src="http://www.newbusinessage.com/ckfinder/userfiles/Images/img(2).jpg" style="width: 89px; height: 109px;" /></span></i></p> <p class="MsoNormal" style="margin-bottom: 0.0001pt; line-height: 120%; vertical-align: middle;"> <i><span color:="" lucida="" style="line-height: 120%;"><span style="color: rgb(255, 0, 0);">By Madan Lamsal</span></span></i></p> <p class="MsoNormal" style="margin-bottom: 0.0001pt; line-height: 120%; vertical-align: middle;"> <i><span color:="" lucida="" style="line-height: 120%;"><span style="color: rgb(255, 0, 0);"><br /> </span></span></i></p> <p class="MsoNormal" style="margin-bottom: 0.0001pt; text-indent: 14.15pt; line-height: 11pt; vertical-align: middle;"> <span style="font-size: 12px;"><span aldine401="" color:="">A</span><span aldine401="" color:="">nyone who tries to impose Nepal a controlled or a mixed economy is for sure to doom. It is because Nepal's economy is by nature and inherently free and freak, and will continue to be like that. <br /> <br /> </span></span></p> <p class="MsoNormal" style="margin-bottom: 0.0001pt; text-indent: 14.15pt; line-height: 11pt; vertical-align: middle;"> <span style="font-size: 12px;"><span aldine401="" color:="">Before 1991 Nepal was somehow closed and controlled economy. After that so called democratic parties said they were trying to make Nepal a 'free economy'. But the right word was 'economy-free' which meant a 'country without economic activities'. This 'economy-free' became highly successful, of course, by the support of people's war that brought a complete halt to the economic activities. By this token, the Maoists are the biggest free-market forces of the country. Now some of the parties, including the very free-market forces in the government, are campaigning to make a 'mixed economy'.<br /> <br /> </span></span></p> <p class="MsoNormal" style="margin-bottom: 0.0001pt; text-indent: 14.15pt; line-height: 11pt; vertical-align: middle;"> <span style="font-size: 12px;"><span aldine401="" color:="">This indeed is a great idea. Mixing is also our great national character. Mix your business with politics and end result is: businessmen become members of parliament and politicians soon become billionaires. Mix trade-unionism in politics, the unionists become political leaders and businesses vanish from the country. <br /> </span></span></p> <p class="MsoNormal" style="margin-bottom: 0.0001pt; text-indent: 14.15pt; line-height: 11pt; vertical-align: middle;"> <span style="font-size: 12px;"><span aldine401="" color:=""><br /> </span></span></p> <p class="MsoNormal" style="margin-bottom: 0.0001pt; text-indent: 14.15pt; line-height: 11pt; vertical-align: middle;"> <span style="font-size: 12px;"><span aldine401="" color:="">Every Nepali is enjoying the freedom to mix one economic activity with the other. For example, one can carry fake currencies around and carry extortion racket simultaneously. In fact these mixtures were possible only because we have immense economic freedom. This is how the free-economy actually fathers the mixed one. <br /> </span></span></p> <p class="MsoNormal" style="margin-bottom: 0.0001pt; text-indent: 14.15pt; line-height: 11pt; vertical-align: middle;"> </p> <p class="MsoNormal" style="margin-bottom: 0.0001pt; text-align: justify; text-indent: 14.15pt; line-height: 11pt; vertical-align: middle;"> <span style="font-size: 12px;"><span aldine401="" color:=""><img alt="" border="2" hspace="2" src="http://www.newbusinessage.com/ckfinder/userfiles/Images/No Laughing Matter.jpg" style="width: 263px; height: 190px;" vspace="2" /></span></span></p> <p class="MsoNormal" style="margin-bottom: 0.0001pt; text-indent: 14.15pt; line-height: 11pt; vertical-align: middle;"> </p> <p class="MsoNormal" style="margin-bottom: 0.0001pt; text-indent: 14.15pt; line-height: 11pt; vertical-align: middle;"> <br /> <span style="font-size: 12px;"><span aldine401="" color:="">If we analyze meticulously, in a broader sense, Nepal was a free economy even before 1990. Nepal started to allow freaks to visit Nepal in the 60s. Then she brought 'Jhiti Gunt' policy which allowed people to bring in everything from gold to clothes to Nepal without paying duty. There also was a duty-free shop opened at the Tribhuvan International Airport to facilitate people to enjoy this freedom.</span></span></p> <p class="MsoNormal" style="margin-bottom: 0.0001pt; text-indent: 14.15pt; line-height: 11pt; vertical-align: middle;"> <span style="font-size: 12px;"><span aldine401="" color:=""><br /> But two years ago this duty-free shop was closed down by the then Finance Minister Dr Baburam Bhattarai for quite good reason. He wanted to make TI airport 'free of duty' as well as'free of spirits' and '˜free of smoke' so that anybody coming from abroad can bring the liquors and cigarettes without paying duty at the airport. Therefore, now people buy such goods abroad and pay duty to the governments abroad. <br /> </span></span></p> <p class="MsoNormal" style="margin-bottom: 0.0001pt; text-indent: 14.15pt; line-height: 11pt; vertical-align: middle;"> <span style="font-size: 12px;"><span aldine401="" color:=""><br /> Anyway, slowly Nepal is entering such an era of free economy where everything can come free here from gold to goldfish and from birds to briefcases full of things you name them. We must keep everything under the sun free in the country. Entry for the Nepalis into casinos must be kept free so that they can be free of their burden of physical wealth and sometimes gamble their own lives away. Similarly, poachers must be left free to kill rhinos and other endangered species for money . <br /> </span></span></p> <p class="MsoNormal" style="margin-bottom: 0.0001pt; text-indent: 14.15pt; line-height: 11pt; vertical-align: middle;"> <span style="font-size:12px;"><span aldine401="" color:=""><br /> </span></span></p> <p class="MsoNormal"> <span style="font-size: 12px;"><span aldine401="" color:="" style="line-height: 115%;">These are only a few examples of economic freedoms that Nepali people are enjoying and also these are the testimonies that Nepal no way wants other than the free-market, be that controlled or mixed economic policies. They have faith only in freedom - free donation, free education, free money (payment without work), free prizes etc. We also have free students union and free labour unions. There are campaigns going on for women's freedom, freedom to the indigenous people and freedom of religion. The government does not try to control corruption. By controlling corruption you will be controlling a freedom. By the same logic, doesn't control inflation. Similarly, some people are enjoying full freedom to indulge in flesh trade. For all these reasons our economy is only best fitted to be called free economy. Nepal cannot have a controlled or mixed economy. Thus the advocates of these models of economies surely do not have a future. <br /> </span></span></p> <p class="MsoNormal"> </p> <p class="MsoNormal"> <span style="font-size:12px;"><span aldine401="" color:="" style="line-height: 115%;"><br /> </span></span></p>', 'published' => true, 'created' => '2011-04-26', 'modified' => '2012-09-16', 'keywords' => '', 'description' => 'Anyone who tries to impose Nepal a controlled or a mixed economy is for sure to doom. It is because Nepal's economy is by nature and inherently free and freak, and will continue to be like that.', 'sortorder' => '177', 'image' => null, 'article_date' => '0000-00-00 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => false, 'in_scroller' => false, 'user_id' => '0' ) ), (int) 2 => array( 'Article' => array( 'id' => '245', 'article_category_id' => '48', 'title' => 'One Million Tourists Guaranteed', 'sub_title' => '', 'summary' => null, 'content' => '<p> <em><img align="left" alt="nolaugningmatter" border="1" height="145" hspace="5" src="http://www.newbusinessage.com/ckfinder/userfiles/Images/img(1).jpg" style="width: 120px; height: 145px;margin:10px;padding:10px;" vspace="5" width="120" /><span style="color: rgb(178, 34, 34);">By Madan Lamsal</span></em></p> <p> Some people doubt on materialisation of the government plan of bringing one million tourists to Nepal in Tourism Year 2011. They regard the plan as a pipedream. But I say nobody be they the Americans, the Indians, the Marxists or the Maoists - can stop tourists in millions visiting Nepal. For example, the USA has, from time to time, been issuing travel advisories to its citizens not to visit Nepal by citing this or that risk. But the Americans have not stopped coming to Nepal. They used to come here as Peace Corps volunteers in the past, then they came as academics of the Summer Institute of Linguists and now as INGO and church workers. Till a few months ago, they were here as UNMIN officials.</p> <p>  It is interesting though that the USA has not yet removed the tag of terrorist from peace loving Nepali Maoists. However, it has not stopped some privileged Maoist leaders from visiting USA with hopefully genuine American visa. Therefore, the true intention of the US travel advisory is effectively not to advise the Americans not to visit Nepal. Rather, it is intended to remind the Americans that Nepal is one of the countries that the Americans are visiting and it would be worthwhile for other Americans to visit again and agian. This is somewhat similar to the case of 'No Smoking' sign reminding the smokers to light up.<br /> </p> <p> In fact the reason why foreigners come to Nepal is to see the ever smiling faces of the Nepalis. A survey conducted by Nepal Tourism Board has already confirmed this fact. Anyone in the world would be interested to see such unique creatures called Nepalis who can continuously smile regardless of looting by their own politicians and continuous booting by the foreigners. They do not protest, and carry on with their daily routine as usual.<br /> </p> <table style="border:0px solid rgb(204, 204, 204); padding: 5px; width: 47%; float: left; height: 181%;"> </table> <p> <img align="textTop" alt="nolaughingmatter" border="1" height="405" hspace="5" src="http://www.newbusinessage.com/ckfinder/userfiles/Images/nty(1).jpg" style="width: 433px; height: 405px; margin: 10px; padding: 10px;" vspace="5" width="433" /><br /> <br /> But that is not all. Nepal has other unique attractions too. If an ordinary citizen violates the law, he or she will be immediately punished. If a businessman fails to pay bank loan his property will be confiscated and passport suspended. But political parties and their cadres are above all these laws. They are free to roam even when they kill the person they don't like. The murderer politician can even become a Member of Parliament and a minister. The politicians who got elected to the Constituent Assembly promising to prepare the constitution within a specified time failed in the promise. Still they don't have to face any punishment. The Nepali people don't like to punish them and smilingly pay the taxes to pay salary and perks to such politicians. Where else will the foreigners get to see such people in the world?<br /> </p> <p> To add tourist attraction, we have now introduced the Home Stay system, which our tourism industry stalwarts say is a really miraculous solution so as to accommodate any number of tourists coming to Nepal. Even if they are wrong, there is a strong numerical proof to be convinced that Nepal can easily get and accommodate not only 1 million but 10 million tourists.<br /> </p> <p> If by any reason, the Americans, Europeans, Australians, Indians and Chinese don't come to Nepal, we still can play the trump card we have. That is we can recall all the Nepalis who have gone abroad for work. If only one fraction of those heed our call, their number will be enough to fulfil the magic number of 1 million!</p> <table style="margin:10px; padding:10px; border:0px solid rgb(204, 204, 204); padding: 5px; width:500px; float: right;"> </table> <p> </p> <p> </p> <p> </p>', 'published' => true, 'created' => '2011-03-20', 'modified' => '2012-09-16', 'keywords' => '', 'description' => 'Some people doubt on materialisation of the government plan of bringing one million tourists to Nepal in Tourism Year 2011. They regard the plan as a pipedream.', 'sortorder' => '174', 'image' => null, 'article_date' => '0000-00-00 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => false, 'in_scroller' => false, 'user_id' => '0' ) ), (int) 3 => array( 'Article' => array( 'id' => '209', 'article_category_id' => '48', 'title' => 'Abolish The Tax System', 'sub_title' => '', 'summary' => null, 'content' => '<p> </p> <p> <!--[if gte mso 9]><xml> <w:WordDocument> <w:View>Normal</w:View> <w:Zoom>0</w:Zoom> <w:TrackMoves/> <w:TrackFormatting/> <w:PunctuationKerning/> <w:ValidateAgainstSchemas/> <w:SaveIfXMLInvalid>false</w:SaveIfXMLInvalid> <w:IgnoreMixedContent>false</w:IgnoreMixedContent> <w:AlwaysShowPlaceholderText>false</w:AlwaysShowPlaceholderText> <w:DoNotPromoteQF/> <w:LidThemeOther>EN-US</w:LidThemeOther> <w:LidThemeAsian>X-NONE</w:LidThemeAsian> <w:LidThemeComplexScript>X-NONE</w:LidThemeComplexScript> <w:Compatibility> <w:BreakWrappedTables/> <w:SnapToGridInCell/> 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gte mso 10]> <style> /* Style Definitions */ table.MsoNormalTable {mso-style-name:"Table Normal"; mso-tstyle-rowband-size:0; mso-tstyle-colband-size:0; mso-style-noshow:yes; mso-style-priority:99; mso-style-qformat:yes; mso-style-parent:""; mso-padding-alt:0in 5.4pt 0in 5.4pt; mso-para-margin-top:0in; mso-para-margin-right:0in; mso-para-margin-bottom:10.0pt; mso-para-margin-left:0in; line-height:115%; mso-pagination:widow-orphan; font-size:11.0pt; font-family:"Calibri","sans-serif"; mso-ascii-font-family:Calibri; mso-ascii-theme-font:minor-latin; mso-fareast-font-family:"Times New Roman"; mso-fareast-theme-font:minor-fareast; mso-hansi-font-family:Calibri; mso-hansi-theme-font:minor-latin;} </style> <![endif]--></p> <p class="MsoNormal"> <span style="font-size:12px;"><i><span color:="" lucida="" style="line-height: 120%;"><img alt="" border="4" hspace="3" src="http://www.newbusinessage.com/ckfinder/userfiles/Images/no.jpg" style="width: 129px; height: 155px;" vspace="2" /></span></i></span></p> <p class="MsoNormal"> <span style="font-size: 12px;"><i><span color:="" lucida="" style="line-height: 120%;">By Madan Lamsal</span></i></span></p> <p class="MsoNormal"> </p> <p class="MsoNormal"> <span style="line-height: 115%;"><br /> </span></p> <p class="BODYTEXT" style="text-indent: 0in;"> <span style="font-size: 12px;"><span class="MyriadPro"><b><span aldine401="">T</span></b></span><span class="MyriadPro"><span aldine401="">hese days, there is a lot of news about revenue officers running behind some prominent Nepali business people. The charge on the poor business people was simple: they produced some fake VAT bills. This was indeed an unbelievable revelation as Nepali businesses selectively employ many Chartered Accountants, lawyers, tax experts and also, former bureaucrats. Why were all these trained hands supporting the private businesses not able to protect the firms from the clutches of the tax officers ? <br /> </span></span></span></p> <p class="BODYTEXT" style="text-indent: 0in;"> </p> <p class="BODYTEXT"> <span style="font-size: 12px;"><span class="MyriadPro"><span aldine401="">Economists sometimes argue that tax officers, tax accountants and tax lawyers don't perform any kind of productive function for the economy. But these economists are wrong in absolute terms. Let's first take the case of tax officers; they are highly productive. Look at the multi-million rupees bungalow of a revenue clerk at the heart of Kathmandu, who indeed had descended empty-handed from the high hills just a few years ago. And, gauge the pace of his productivity -- out of ten thousand rupees salary a month, he could multiple his income at least twenty fold to become so rich in no time. <br /> </span></span></span></p> <p class="BODYTEXT"> <span style="font-size:12px;"><span class="MyriadPro"><span aldine401=""><br /> </span></span></span></p> <p class="BODYTEXT"> <span style="font-size: 12px;"><span class="MyriadPro"><span aldine401="">Looking at the present determination exuded by some of the bureaucrats in tax administration, sworn to take action with tax evaders, one may find it hard to believe that these public servants work hand-in-glove with the private firms. But the recent episode of vowed action is true exception and is sure to evaporate in a couple of <br /> </span></span></span></p> <p class="BODYTEXT"> <span style="font-size:12px;"><span class="MyriadPro"><span aldine401=""><br /> </span></span></span></p> <p class="BODYTEXT" style="text-align: justify;"> <span style="font-size:12px;"><span class="MyriadPro"><span aldine401=""><img alt="" border="4" hspace="3" src="http://www.newbusinessage.com/ckfinder/userfiles/Images/img.jpg" style="width: 358px; height: 254px;" vspace="3" /></span></span></span></p> <p class="BODYTEXT"> <span style="font-size: 12px;"><span class="MyriadPro"><span aldine401="">months, if not days, without anything tangible. But the norm is: bureaucrats help the businesses to increase the profitability, and in turn, businesses reciprocate to enhance the productivity. <br /> </span></span></span></p> <p class="BODYTEXT"> <span style="font-size:12px;"><span class="MyriadPro"><span aldine401=""><br /> </span></span></span></p> <p class="BODYTEXT"> <span style="font-size: 12px;"><span class="MyriadPro"><span aldine401="">What could be the better productivity of CAs or tax accountants than helping their client save the tax money? They may call it tax planning, tax saving or tax avoiding, but in effect they help save money. Who on earth can say that saving is not being productive? It is a public knowledge that the best skill of an accountant lies in maintaining the balance in balance sheets. The more the cash balance, the merrier the client. This process, rather than an isolated incidence, duly recognizes the productive ability of CA and consolidates the productivity potential of the saver. <br /> </span></span></span></p> <p class="BODYTEXT"> <span style="font-size:12px;"><span class="MyriadPro"><span aldine401=""><br /> </span></span></span></p> <p class="BODYTEXT"> <span style="font-size: 12px;"><span class="MyriadPro"><span aldine401="">Because, not paying tax is also being highly productive. Even if you do, the amount is sure to go to the pockets of some politicians who sit in Singhadurbar or Baneswore who just eat-up time quarrelling for a chair, instead of being productive. Instead. look at how our business people could be productive out of saved money by not paying taxes. They could set up industries and production units. They can use it for their marriages, perhaps more than one, and increase their productivity. Even their luxury trips help promote value tourism that may include a number of heavenly pleasures, which in essence has to be reproduced or replenished by the tourism industry. <br /> </span></span></span></p> <p class="BODYTEXT"> <span style="font-size:12px;"><span class="MyriadPro"><span aldine401=""><br /> </span></span></span></p> <p class="BODYTEXT"> <span style="font-size: 12px;"><span class="MyriadPro"><span aldine401="">The tax lawyers are even more productive. These are the people who can swing the double-edged swords. They can produce the documents that are helpful for the businesses to evade the taxes at the first place and defend even indefensible if caught by the authorities. Simultaneously, they may be able to provide information to different departments or organizations like Inland Revenue Department, Flying Squad, CIAA, Revenue Tribunal etc, at least for 15 per cent legal commission.</span></span></span></p> <p class="BODYTEXT"> <span style="font-size:12px;"><span class="MyriadPro"><span aldine401=""><br /> </span></span></span></p> <p class="MsoNormal"> <span style="font-size: 12px;"><span class="MyriadPro"><span aldine401="" letter-spacing:="">All these analogies must be enough to firmly establish that not to pay tax is being more productive than paying it. Then why not abolish the tax system altogether ? <br /> </span></span></span></p> <p class="MsoNormal"> </p> <p class="MsoNormal"> <span style="font-size:12px;"><span class="MyriadPro"><span aldine401="" letter-spacing:=""><br /> </span></span></span></p>', 'published' => true, 'created' => '2011-02-09', 'modified' => '2012-09-16', 'keywords' => '', 'description' => 'These days, there is a lot of news about revenue officers running behind some prominent Nepali business people. The charge on the poor business people was simple: they produced some fake VAT bills. This', 'sortorder' => '145', 'image' => null, 'article_date' => '0000-00-00 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => false, 'in_scroller' => false, 'user_id' => '0' ) ), (int) 4 => array( 'Article' => array( 'id' => '202', 'article_category_id' => '48', 'title' => 'Where Is CEO Charisma ?', 'sub_title' => '', 'summary' => null, 'content' => '<p class="MsoNormal" style="text-align: justify;"> <span style="font-size:12px;"><i><span bright="" lucida="" serif="" style="line-height: 115%;"><a href="http://www.newbusinessage.com/ckfinder/userfiles/Images/small.jpg" target="_blank"><img align="left" alt="nolaughingmatter" border="1" height="143" hspace="5" src="http://www.newbusinessage.com/ckfinder/userfiles/Images/small.jpg" style="width: 105px; height: 143px;margin:10px;padding:10px;" vspace="5" width="105" /></a></span></i></span></p> <p class="MsoNormal" style="margin-bottom: 0.0001pt; text-align: justify; line-height: normal;"> <span style="font-size: 12px;"><i><span bright="" lucida="" serif="" style="line-height: 115%;"> </span></i><span color:="" franklingothic-heavy="" sans-serif="">T</span><span aldine401bt-romana="" color:="" serif="">he very recent hot topic for news in our media has been the pay of CEOs in bank and financial institutions. No sooner the central bank issued a notice called directive, the wowed aspects of their pay spilled to the public gaze. CEOs started to cry a foul by the central bank in the D area of their respective bank boards. NRB people tried to defend their move claiming nothing less than ˜this directive will not have any effect to the pay CEOs are now enjoying. But this neither stopped the media hype nor did the crying pitch of CEOs reduce. <br /> </span></span></p> <p class="MsoNormal" style="margin-bottom: 0.0001pt; text-align: justify; line-height: normal;"> <span style="font-size:12px;"><span aldine401bt-romana="" color:="" serif=""><br /> </span></span></p> <p class="MsoNormal" style="margin-bottom: 0.0001pt; text-align: justify; line-height: normal;"> <span style="font-size: 12px;"><span aldine401bt-romana="" color:="" serif="">You may wonder what is so big deal about it? Why is everyone from the governor of Nepal Rastra Bank and the government secretaries to the media after the CEO's salary? Are CEOs really overpaid? For that matter, are the rank-and-file workers underpaid? <br /> </span></span></p> <p class="MsoNormal" style="margin-bottom: 0.0001pt; text-align: justify; line-height: normal;"> <span style="font-size:12px;"><span aldine401bt-romana="" color:="" serif=""><br /> </span></span></p> <p class="MsoNormal" style="margin-bottom: 0.0001pt; text-align: justify; line-height: normal;"> <span style="font-size: 12px;"><span aldine401bt-romana="" color:="" serif="">Only in a cursory look, one may find that it is not the question of CEOs getting less or more but the fact of the matter is : these CEOs are simply uncharismatic and don't know how to buy great things with small pay. Lack of this quality in them raises larger question of would these people at the helm help the institution earn more by spending less. <br /> </span></span></p> <p class="MsoNormal" style="margin-bottom: 0.0001pt; text-align: justify; line-height: normal;"> <span style="font-size:12px;"><span aldine401bt-romana="" color:="" serif=""><br /> </span></span></p> <p class="MsoNormal" style="margin-bottom: 0.0001pt; text-align: justify; line-height: normal;"> <span style="font-size: 12px;"><span aldine401bt-romana="" color:="" serif=""><a href="http://www.newbusinessage.com/ckfinder/userfiles/Images/no laughin.jpg" target="_self"><img align="left" alt="nolaughingmatter" border="1" height="198" hspace="5" src="http://www.newbusinessage.com/ckfinder/userfiles/Images/no laughin.jpg" style="width: 217px; height: 198px;margin:10px;padding:10px;" vspace="5" width="217" /></a>Take an example of a government section officer or an undersecretary; he might hardly draw more than Rs. fifteen thousand a month. But in five years, he will have at least a new house in Kathmandu, a four wheeler and a wife who wears ornaments of a few hundred thousand, if not millions, rupees.</span></span></p> <p class="MsoNormal" style="margin-bottom: 0.0001pt; text-align: justify; line-height: normal;"> <span style="font-size:12px;"><span aldine401bt-romana="" color:="" serif=""><br /> </span></span></p> <p class="MsoNormal" style="margin-bottom: 0.0001pt; text-align: justify; line-height: normal;"> <span style="font-size: 12px;"><span aldine401bt-romana="" color:="" serif="">And, the most important thing is, he never complaints about the salary, and the government unlike the Rastra Bank does not send out a memo to reduce his pay. Why can't these folks called CEOs have that sort of creative acumen to manage things like that on their own? They surely lack ability to manage and choose to beg at least not to cut what they get. <br /> </span></span></p> <p class="MsoNormal" style="margin-bottom: 0.0001pt; text-align: justify; line-height: normal;"> <span style="font-size:12px;"><span aldine401bt-romana="" color:="" serif=""><br /> </span></span></p> <p class="MsoNormal" style="margin-bottom: 0.0001pt; text-align: justify; line-height: normal;"> <span style="font-size: 12px;"><span aldine401bt-romana="" color:="" serif="">By now it is evident that our CEOs are unable to pull and pool the recourses. Even worse, they don't learn from the big people. Look at how our supply minister manages his supply of petrol free of cost from the Oil Corporation. And how unremorsefully the chief of the Corporation, who is also the CEO of another breed, helps meet the end of his patron is more of a lesson. Having seen so many deficiencies in them, it is hard to believe that most CEOs in Nepal's BF's are intelligent, have advanced degrees often from one of the top universities in the world and work some sixty or more hours a week. <br /> </span></span></p> <p class="MsoNormal" style="margin-bottom: 0.0001pt; text-align: justify; line-height: normal;"> <span style="font-size:12px;"><span aldine401bt-romana="" color:="" serif=""><br /> </span></span></p> <p class="MsoNormal" style="margin-bottom: 0.0001pt; text-align: justify; line-height: normal;"> <span style="font-size: 12px;"><span aldine401bt-romana="" color:="" serif="">Therefore, to convince at least to their hawkish supervisor called Ratra Bank that they are deserving enough to draw a handsome salary and perks, these CEOs must mend their ways that suits the indigenous soil. They must stop demanding this and that facility or mercy from the Rastra Bank. Instead, they can learn from the supervisors there. Drawing salary purse from the office, many NRB supervisors spend their day dealing with personal business of bonds or share trade or reaches to the political mentor of the choice. Effectively, s/he would earn in a day what a CEO earns in a month. Isnt it something to be inspired about ? <br /> </span></span></p> <p class="MsoNormal" style="margin-bottom: 0.0001pt; text-align: justify; line-height: normal;"> <span style="font-size: 12px;"><span aldine401bt-romana="" color:="" serif=""><br /> </span></span></p> <p class="MsoNormal" style="margin-bottom: 0.0001pt; text-align: justify; line-height: normal;"> </p> <p class="MsoNormal" style="margin-bottom: 0.0001pt; text-align: justify; line-height: normal;"> <span style="font-size:12px;"><span aldine401bt-romana="" color:="" serif=""><br /> </span></span></p>', 'published' => true, 'created' => '2011-01-16', 'modified' => '2012-09-16', 'keywords' => '', 'description' => 'The very recent hot topic for news in our media has been the pay of CEOs in bank and financial institutions. No sooner the central bank issued a notice called directive, the wowed aspects of their pay spilled to the public gaze. CEOs started to cry a foul by the central bank in the D area', 'sortorder' => '140', 'image' => null, 'article_date' => '0000-00-00 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => false, 'in_scroller' => false, 'user_id' => '0' ) ), (int) 5 => array( 'Article' => array( 'id' => '200', 'article_category_id' => '48', 'title' => 'Population, Electricity & TV', 'sub_title' => '', 'summary' => null, 'content' => '<p> <style type="text/css"> <!--{cke_protected}%3C!%2D%2D%7Bcke_protected%7D%253C!%252D%252D%257Bcke_protected%257D%25253C!%25252D%25252D%25257Bcke_protected%25257D%2525253C!%2525252D%2525252D%2525257Bcke_protected%2525257D%252525253C!%252525252D%252525252D%252525257Bcke_protected%252525257D%25252525253C!%25252525252D%25252525252D%25252525257Bcke_protected%25252525257D%2525252525253C!%2525252525252D%2525252525252D%2525252525257Bcke_protected%2525252525257D%252525252525253C!%252525252525252D%252525252525252D%252525252525257Bcke_protected%252525252525257D%25252525252525253C!%25252525252525252D%25252525252525252D%25252525252525257Bcke_protected%25252525252525257D%2525252525252525253C!%2525252525252525252D%2525252525252525252D%2525252525252525257Bcke_protected%2525252525252525257D%252525252525252525253C!%252525252525252525252D%252525252525252525252D%252525252525252525257Bcke_protected%252525252525252525257D%25252525252525252525253C!%25252525252525252525252D%25252525252525252525252D%25252525252525252525257Bcke_protected%25252525252525252525257D%2525252525252525252525253C!%2525252525252525252525252D%2525252525252525252525252D%2525252525252525252525257Bcke_protected%2525252525252525252525257D%252525252525252525252525253C!%252525252525252525252525252D%252525252525252525252525252D%252525252525252525252525257Bcke_protected%252525252525252525252525257D%25252525252525252525252525253C!%25252525252525252525252525252D%25252525252525252525252525252D%25252525252525252525252525257Bcke_protected%25252525252525252525252525257D%2525252525252525252525252525253C!%2525252525252525252525252525252D%2525252525252525252525252525252D%2525252525252525252525252525250A.style1%25252525252525252525252525252520%2525252525252525252525252525257B%2525252525252525252525252525250A%25252525252525252525252525252509font-size%2525252525252525252525252525253A%2525252525252525252525252525252012px%2525252525252525252525252525253B%2525252525252525252525252525250A%25252525252525252525252525252509font-weight%2525252525252525252525252525253A%25252525252525252525252525252520bold%2525252525252525252525252525253B%2525252525252525252525252525250A%2525252525252525252525252525257D%2525252525252525252525252525250A%2525252525252525252525252525252D%2525252525252525252525252525252D%2525252525252525252525252525253E%25252525252525252525252525252D%25252525252525252525252525252D%25252525252525252525252525253E%252525252525252525252525252D%252525252525252525252525252D%252525252525252525252525253E%2525252525252525252525252D%2525252525252525252525252D%2525252525252525252525253E%25252525252525252525252D%25252525252525252525252D%25252525252525252525253E%252525252525252525252D%252525252525252525252D%252525252525252525253E%2525252525252525252D%2525252525252525252D%2525252525252525253E%25252525252525252D%25252525252525252D%25252525252525253E%252525252525252D%252525252525252D%252525252525253E%2525252525252D%2525252525252D%2525252525253E%25252525252D%25252525252D%25252525253E%252525252D%252525252D%252525253E%2525252D%2525252D%2525253E%25252D%25252D%25253E%252D%252D%253E%2D%2D%3E--> </style></p> <div style="width: 595px;"> <div style="border: 1px solid rgb(204, 204, 204); padding: 5px; width: 47%; float: left;"> <div align="justify"> Try to remember the good old days when Nepal's population was only 15 million. In fact many have started doing that with relish.<br /> <br /> Yes, people have really started becoming nostalgic. For example, they remember the days when they could go and get relieved of the nature's call in the clean open air. And there was no fear of being kidnapped. The security level was so high. Though some high level feudal and royals may come cruising towards you on their imported cars and jeeps and run you over, the days and nights in those days were still so nice.<br /> <br /> The current days are bad because of only one reason the population growth.<br /> <br /> <br /> Nepal's population must have reached 30 million by now. To confirm it we will have to wait a couple of years as the official census is planned for the next year only. However, there is another way to check how fast the Nepali population is growing. For example, a baby, who was born while Makune was signing his resignation letter as the prime minister four or five months ago (depending upon when you are reading this page), is now older than about a million compatriots. That is how the number of Nepalis is growing. You don't have to be a biologist to realize that Nepalis could teach rabbits a lesson or two.<br /> <br /> The result is that, some people say if the ongoing trend continues, Nepal will soon overtake India and China in terms of population. Think what would happen if Nepal really overtook China and India. Both of these neighbours of ours are now developing so fast on the strength of both being the two largest populated countries on earth. If Nepal snatches that distinction from these giants, would not they really be angry and do something bad to Nepal? <br /> <br /> <br /> Or perhaps they will show what is known the world over as the Chinese or India ingenuity. You can just imagine how competitive the Indian and Chinese will be. As soon as Nepal gets within a million of India's or China's population, the Indian and Chinese governments will start a National month of baby-production campaign.Or they will introduce schemes like anyone who produces triplets gets a</div> </div> <div style="border: 1px solid rgb(204, 204, 204); padding: 5px; width: 47%; float: right;"> <div align="justify"> <img alt="" src="http://www.newbusinessage.com/ckfinder/userfiles/Images/bonus(1).jpg" style="margin: 0pt; padding: 0pt;" /><br /> <br /> free car or something like that.<br /> <br /> Both of these countries are teeming with the creative people for coining aggressive campaign slogans.<br /> <br /> And the analyses provided by some people is really smart. They say the power outage (known as loadshedding in Nepal) is to blame for the latest population boom. That is quite understandable. Had there been electricity, the Nepali couples would have watched TV and avoided the baby boom. Therefore, these people say that Nepal must produce more electricity and more TV channels to reduce the bed time, read, to cut the population growth rate. <br /> <br /> We all know about the progress in these two fronts. We are making a good progress in TV channels by leaps and bounds, so to say. But we are doing pretty badly in electricity. <br /> <br /> But wait a while. Perhaps there are still better solutions to this problem. What about the followings: <br /> <br /> <div style="padding: 0pt 0pt 0pt 10px;"> * Offer people in foreign countries a bonus of <br /> Rs.10 thousand for every Nepali child they <br /> adopt and increase the bonus to Rs. 100,000 if <br /> they adopt an adult.<br /> </div> <div style="padding: 0pt 0pt 0pt 10px;"> * Train more Nepali to speak English and put<br /> them on the next flight to Gulf, Malaysia or Korea <br /> or on a train to Mumbai so that they get HIV and <br /> don't return.<br /> </div> <div style="padding: 0pt 0pt 0pt 10px;"> * Find Nepalis who want to sell one of their<br /> kidneys f or organ transplants in India. Try to<br /> convince them to sell both.</div> </div> </div> <div style="clear: both;"> </div> </div>', 'published' => true, 'created' => '2010-12-29', 'modified' => '2012-09-16', 'keywords' => '', 'description' => 'Try to remember the good old days when Nepal's population was only 15 million. 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The election this time was quite historic as it was fought not only in democratic spirit but it had all killing spirits between the contesting panels. It took many years to achieve this grandeur of fighting spirit that got literally demonstrated beyond ballot. It was but natural for the FNCCI electorates to be inspired by the fights surrounding all around them.<br /> <br /> <br /> </span></div> <div style="margin-bottom: 0.0001pt; text-align: justify; text-indent: 14.15pt; line-height: 11pt; vertical-align: middle;"> <span style="font-size: 9.5pt;">The political leaders of the same party and those supposedly following the same principle, if any they have, are fighting cats and dogs. The trade unions are not only fighting with their employers but also between the factions in themselves. A few revolutionary parties have also waged a diplomatic war throwing shoes and pelting stones to some foreign diplomats. Some horrible, oooch! honourable Members of the revered Constituent Assembly(CA) who tried to write constitutional provisions in Red Passports are now fighting legal battles. All apart, the largest party in the CA is more inclined to fight than to write the constitution. To cut it short, there is fight in every spectrum of national life and how can one expect only the business community not to breathe the air from national atmosphere and remain shy of fighting.<br /> <br /> <br /> </span></div> <div style="margin-bottom: 0.0001pt; text-align: justify; text-indent: 14.15pt; line-height: 11pt; vertical-align: middle;"> </div> <div style="margin-bottom: 0.0001pt; text-align: justify; text-indent: 14.15pt; line-height: 11pt; vertical-align: middle;"> <span style="font-size: 9.5pt;"><img align="left" alt="nolaughingmatter" border="1" height="267" hspace="5" src="http://newbusinessage.com/ckfinder/userfiles/Images/no laugh(2).jpg" style="width: 292px; height: 267px;margin:10px;padding:10px;" vspace="5" width="292" />In fact, the body fight was the only thing left to make the FNCCI an institution compatible to our true national character. Everybody else in the society raised their fists and waved their legs to kick somebody from home or office but not the chamber members. This was the only gap left in the respectable members of apex chamber of the country to qualify as the national heroes. Now the brave brothers of business fraternity have done the job professionally making everybody feel proud about it. Thus it has been established now that private sectors’ leaders are not differently able or mentally retarded but physically capable and mentally sharp. Not to mention a special ability of the business community to be absolutely spendthrift when chips are actually down. This election was the latest testimony to it. To remind, there was a fight to finish spirit in the money game as well.</span></div> <div style="margin-bottom: 0.0001pt; text-align: justify; text-indent: 14.15pt; line-height: 11pt; vertical-align: middle;"> <br /> <br /> </div> <div style="margin-bottom: 0.0001pt; text-align: justify; text-indent: 14.15pt; line-height: 11pt; vertical-align: middle;"> <span style="font-size: 9.5pt;"> The exposition of this purely new quality amongst the business leaders, the true spirit of fighting among others, now ensures high pace of economic growth and prosperity of the nation. The country had remained poor so long only because our business community loathed the fight. Now they are on board and hopes for economic revolution are as high as ever before. Let's take a cue ! The political revolution was possible due to the fact that the politicians always fought like dogs among themselves. If Nepal wants economic revolution as well then the businessmen should also fight like the politicians. Apparently, now on, the Nepali business community will continue to learn from Nepali politics.</span></div> <div style="margin-bottom: 0.0001pt; text-align: justify; text-indent: 14.15pt; line-height: 11pt; vertical-align: middle;"> <br /> <br /> </div> <div> <span style="font-size: 9.5pt; line-height: 115%;">The revival of the fighting spirit and money mixing in ballots are indeed great achievements in this direction. Now, the fighting spirit, like in politics, should be able to kill all other spirits like democratic, nationalistic or ethical spirits to name a few. This only will make FNCCI an institution of repute and dignity that suits to twenty-first century national umbrella chamber.<br /> <br /> <br /> </span></div>', 'published' => true, 'created' => '2011-05-31', 'modified' => '2012-09-16', 'keywords' => '', 'description' => 'The FNCCI has elected a new President. 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style="line-height: 120%;"><img alt="" src="http://www.newbusinessage.com/ckfinder/userfiles/Images/img(2).jpg" style="width: 89px; height: 109px;" /></span></i></p> <p class="MsoNormal" style="margin-bottom: 0.0001pt; line-height: 120%; vertical-align: middle;"> <i><span color:="" lucida="" style="line-height: 120%;"><span style="color: rgb(255, 0, 0);">By Madan Lamsal</span></span></i></p> <p class="MsoNormal" style="margin-bottom: 0.0001pt; line-height: 120%; vertical-align: middle;"> <i><span color:="" lucida="" style="line-height: 120%;"><span style="color: rgb(255, 0, 0);"><br /> </span></span></i></p> <p class="MsoNormal" style="margin-bottom: 0.0001pt; text-indent: 14.15pt; line-height: 11pt; vertical-align: middle;"> <span style="font-size: 12px;"><span aldine401="" color:="">A</span><span aldine401="" color:="">nyone who tries to impose Nepal a controlled or a mixed economy is for sure to doom. It is because Nepal's economy is by nature and inherently free and freak, and will continue to be like that. <br /> <br /> </span></span></p> <p class="MsoNormal" style="margin-bottom: 0.0001pt; text-indent: 14.15pt; line-height: 11pt; vertical-align: middle;"> <span style="font-size: 12px;"><span aldine401="" color:="">Before 1991 Nepal was somehow closed and controlled economy. After that so called democratic parties said they were trying to make Nepal a 'free economy'. But the right word was 'economy-free' which meant a 'country without economic activities'. This 'economy-free' became highly successful, of course, by the support of people's war that brought a complete halt to the economic activities. By this token, the Maoists are the biggest free-market forces of the country. Now some of the parties, including the very free-market forces in the government, are campaigning to make a 'mixed economy'.<br /> <br /> </span></span></p> <p class="MsoNormal" style="margin-bottom: 0.0001pt; text-indent: 14.15pt; line-height: 11pt; vertical-align: middle;"> <span style="font-size: 12px;"><span aldine401="" color:="">This indeed is a great idea. Mixing is also our great national character. Mix your business with politics and end result is: businessmen become members of parliament and politicians soon become billionaires. Mix trade-unionism in politics, the unionists become political leaders and businesses vanish from the country. <br /> </span></span></p> <p class="MsoNormal" style="margin-bottom: 0.0001pt; text-indent: 14.15pt; line-height: 11pt; vertical-align: middle;"> <span style="font-size: 12px;"><span aldine401="" color:=""><br /> </span></span></p> <p class="MsoNormal" style="margin-bottom: 0.0001pt; text-indent: 14.15pt; line-height: 11pt; vertical-align: middle;"> <span style="font-size: 12px;"><span aldine401="" color:="">Every Nepali is enjoying the freedom to mix one economic activity with the other. For example, one can carry fake currencies around and carry extortion racket simultaneously. In fact these mixtures were possible only because we have immense economic freedom. This is how the free-economy actually fathers the mixed one. <br /> </span></span></p> <p class="MsoNormal" style="margin-bottom: 0.0001pt; text-indent: 14.15pt; line-height: 11pt; vertical-align: middle;"> </p> <p class="MsoNormal" style="margin-bottom: 0.0001pt; text-align: justify; text-indent: 14.15pt; line-height: 11pt; vertical-align: middle;"> <span style="font-size: 12px;"><span aldine401="" color:=""><img alt="" border="2" hspace="2" src="http://www.newbusinessage.com/ckfinder/userfiles/Images/No Laughing Matter.jpg" style="width: 263px; height: 190px;" vspace="2" /></span></span></p> <p class="MsoNormal" style="margin-bottom: 0.0001pt; text-indent: 14.15pt; line-height: 11pt; vertical-align: middle;"> </p> <p class="MsoNormal" style="margin-bottom: 0.0001pt; text-indent: 14.15pt; line-height: 11pt; vertical-align: middle;"> <br /> <span style="font-size: 12px;"><span aldine401="" color:="">If we analyze meticulously, in a broader sense, Nepal was a free economy even before 1990. Nepal started to allow freaks to visit Nepal in the 60s. Then she brought 'Jhiti Gunt' policy which allowed people to bring in everything from gold to clothes to Nepal without paying duty. There also was a duty-free shop opened at the Tribhuvan International Airport to facilitate people to enjoy this freedom.</span></span></p> <p class="MsoNormal" style="margin-bottom: 0.0001pt; text-indent: 14.15pt; line-height: 11pt; vertical-align: middle;"> <span style="font-size: 12px;"><span aldine401="" color:=""><br /> But two years ago this duty-free shop was closed down by the then Finance Minister Dr Baburam Bhattarai for quite good reason. He wanted to make TI airport 'free of duty' as well as'free of spirits' and '˜free of smoke' so that anybody coming from abroad can bring the liquors and cigarettes without paying duty at the airport. Therefore, now people buy such goods abroad and pay duty to the governments abroad. <br /> </span></span></p> <p class="MsoNormal" style="margin-bottom: 0.0001pt; text-indent: 14.15pt; line-height: 11pt; vertical-align: middle;"> <span style="font-size: 12px;"><span aldine401="" color:=""><br /> Anyway, slowly Nepal is entering such an era of free economy where everything can come free here from gold to goldfish and from birds to briefcases full of things you name them. We must keep everything under the sun free in the country. Entry for the Nepalis into casinos must be kept free so that they can be free of their burden of physical wealth and sometimes gamble their own lives away. Similarly, poachers must be left free to kill rhinos and other endangered species for money . <br /> </span></span></p> <p class="MsoNormal" style="margin-bottom: 0.0001pt; text-indent: 14.15pt; line-height: 11pt; vertical-align: middle;"> <span style="font-size:12px;"><span aldine401="" color:=""><br /> </span></span></p> <p class="MsoNormal"> <span style="font-size: 12px;"><span aldine401="" color:="" style="line-height: 115%;">These are only a few examples of economic freedoms that Nepali people are enjoying and also these are the testimonies that Nepal no way wants other than the free-market, be that controlled or mixed economic policies. They have faith only in freedom - free donation, free education, free money (payment without work), free prizes etc. We also have free students union and free labour unions. There are campaigns going on for women's freedom, freedom to the indigenous people and freedom of religion. The government does not try to control corruption. By controlling corruption you will be controlling a freedom. By the same logic, doesn't control inflation. Similarly, some people are enjoying full freedom to indulge in flesh trade. For all these reasons our economy is only best fitted to be called free economy. Nepal cannot have a controlled or mixed economy. Thus the advocates of these models of economies surely do not have a future. <br /> </span></span></p> <p class="MsoNormal"> </p> <p class="MsoNormal"> <span style="font-size:12px;"><span aldine401="" color:="" style="line-height: 115%;"><br /> </span></span></p>', 'published' => true, 'created' => '2011-04-26', 'modified' => '2012-09-16', 'keywords' => '', 'description' => 'Anyone who tries to impose Nepal a controlled or a mixed economy is for sure to doom. It is because Nepal's economy is by nature and inherently free and freak, and will continue to be like that.', 'sortorder' => '177', 'image' => null, 'article_date' => '0000-00-00 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => false, 'in_scroller' => false, 'user_id' => '0' ) ), (int) 2 => array( 'Article' => array( 'id' => '245', 'article_category_id' => '48', 'title' => 'One Million Tourists Guaranteed', 'sub_title' => '', 'summary' => null, 'content' => '<p> <em><img align="left" alt="nolaugningmatter" border="1" height="145" hspace="5" src="http://www.newbusinessage.com/ckfinder/userfiles/Images/img(1).jpg" style="width: 120px; height: 145px;margin:10px;padding:10px;" vspace="5" width="120" /><span style="color: rgb(178, 34, 34);">By Madan Lamsal</span></em></p> <p> Some people doubt on materialisation of the government plan of bringing one million tourists to Nepal in Tourism Year 2011. They regard the plan as a pipedream. But I say nobody be they the Americans, the Indians, the Marxists or the Maoists - can stop tourists in millions visiting Nepal. For example, the USA has, from time to time, been issuing travel advisories to its citizens not to visit Nepal by citing this or that risk. But the Americans have not stopped coming to Nepal. They used to come here as Peace Corps volunteers in the past, then they came as academics of the Summer Institute of Linguists and now as INGO and church workers. Till a few months ago, they were here as UNMIN officials.</p> <p>  It is interesting though that the USA has not yet removed the tag of terrorist from peace loving Nepali Maoists. However, it has not stopped some privileged Maoist leaders from visiting USA with hopefully genuine American visa. Therefore, the true intention of the US travel advisory is effectively not to advise the Americans not to visit Nepal. Rather, it is intended to remind the Americans that Nepal is one of the countries that the Americans are visiting and it would be worthwhile for other Americans to visit again and agian. This is somewhat similar to the case of 'No Smoking' sign reminding the smokers to light up.<br /> </p> <p> In fact the reason why foreigners come to Nepal is to see the ever smiling faces of the Nepalis. A survey conducted by Nepal Tourism Board has already confirmed this fact. Anyone in the world would be interested to see such unique creatures called Nepalis who can continuously smile regardless of looting by their own politicians and continuous booting by the foreigners. They do not protest, and carry on with their daily routine as usual.<br /> </p> <table style="border:0px solid rgb(204, 204, 204); padding: 5px; width: 47%; float: left; height: 181%;"> </table> <p> <img align="textTop" alt="nolaughingmatter" border="1" height="405" hspace="5" src="http://www.newbusinessage.com/ckfinder/userfiles/Images/nty(1).jpg" style="width: 433px; height: 405px; margin: 10px; padding: 10px;" vspace="5" width="433" /><br /> <br /> But that is not all. Nepal has other unique attractions too. If an ordinary citizen violates the law, he or she will be immediately punished. If a businessman fails to pay bank loan his property will be confiscated and passport suspended. But political parties and their cadres are above all these laws. They are free to roam even when they kill the person they don't like. The murderer politician can even become a Member of Parliament and a minister. The politicians who got elected to the Constituent Assembly promising to prepare the constitution within a specified time failed in the promise. Still they don't have to face any punishment. The Nepali people don't like to punish them and smilingly pay the taxes to pay salary and perks to such politicians. Where else will the foreigners get to see such people in the world?<br /> </p> <p> To add tourist attraction, we have now introduced the Home Stay system, which our tourism industry stalwarts say is a really miraculous solution so as to accommodate any number of tourists coming to Nepal. Even if they are wrong, there is a strong numerical proof to be convinced that Nepal can easily get and accommodate not only 1 million but 10 million tourists.<br /> </p> <p> If by any reason, the Americans, Europeans, Australians, Indians and Chinese don't come to Nepal, we still can play the trump card we have. That is we can recall all the Nepalis who have gone abroad for work. If only one fraction of those heed our call, their number will be enough to fulfil the magic number of 1 million!</p> <table style="margin:10px; padding:10px; border:0px solid rgb(204, 204, 204); padding: 5px; width:500px; float: right;"> </table> <p> </p> <p> </p> <p> </p>', 'published' => true, 'created' => '2011-03-20', 'modified' => '2012-09-16', 'keywords' => '', 'description' => 'Some people doubt on materialisation of the government plan of bringing one million tourists to Nepal in Tourism Year 2011. They regard the plan as a pipedream.', 'sortorder' => '174', 'image' => null, 'article_date' => '0000-00-00 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => false, 'in_scroller' => false, 'user_id' => '0' ) ), (int) 3 => array( 'Article' => array( 'id' => '209', 'article_category_id' => '48', 'title' => 'Abolish The Tax System', 'sub_title' => '', 'summary' => null, 'content' => '<p> </p> <p> <!--[if gte mso 9]><xml> <w:WordDocument> <w:View>Normal</w:View> <w:Zoom>0</w:Zoom> <w:TrackMoves/> <w:TrackFormatting/> <w:PunctuationKerning/> <w:ValidateAgainstSchemas/> <w:SaveIfXMLInvalid>false</w:SaveIfXMLInvalid> <w:IgnoreMixedContent>false</w:IgnoreMixedContent> <w:AlwaysShowPlaceholderText>false</w:AlwaysShowPlaceholderText> <w:DoNotPromoteQF/> <w:LidThemeOther>EN-US</w:LidThemeOther> <w:LidThemeAsian>X-NONE</w:LidThemeAsian> <w:LidThemeComplexScript>X-NONE</w:LidThemeComplexScript> <w:Compatibility> <w:BreakWrappedTables/> <w:SnapToGridInCell/> 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gte mso 10]> <style> /* Style Definitions */ table.MsoNormalTable {mso-style-name:"Table Normal"; mso-tstyle-rowband-size:0; mso-tstyle-colband-size:0; mso-style-noshow:yes; mso-style-priority:99; mso-style-qformat:yes; mso-style-parent:""; mso-padding-alt:0in 5.4pt 0in 5.4pt; mso-para-margin-top:0in; mso-para-margin-right:0in; mso-para-margin-bottom:10.0pt; mso-para-margin-left:0in; line-height:115%; mso-pagination:widow-orphan; font-size:11.0pt; font-family:"Calibri","sans-serif"; mso-ascii-font-family:Calibri; mso-ascii-theme-font:minor-latin; mso-fareast-font-family:"Times New Roman"; mso-fareast-theme-font:minor-fareast; mso-hansi-font-family:Calibri; mso-hansi-theme-font:minor-latin;} </style> <![endif]--></p> <p class="MsoNormal"> <span style="font-size:12px;"><i><span color:="" lucida="" style="line-height: 120%;"><img alt="" border="4" hspace="3" src="http://www.newbusinessage.com/ckfinder/userfiles/Images/no.jpg" style="width: 129px; height: 155px;" vspace="2" /></span></i></span></p> <p class="MsoNormal"> <span style="font-size: 12px;"><i><span color:="" lucida="" style="line-height: 120%;">By Madan Lamsal</span></i></span></p> <p class="MsoNormal"> </p> <p class="MsoNormal"> <span style="line-height: 115%;"><br /> </span></p> <p class="BODYTEXT" style="text-indent: 0in;"> <span style="font-size: 12px;"><span class="MyriadPro"><b><span aldine401="">T</span></b></span><span class="MyriadPro"><span aldine401="">hese days, there is a lot of news about revenue officers running behind some prominent Nepali business people. The charge on the poor business people was simple: they produced some fake VAT bills. This was indeed an unbelievable revelation as Nepali businesses selectively employ many Chartered Accountants, lawyers, tax experts and also, former bureaucrats. Why were all these trained hands supporting the private businesses not able to protect the firms from the clutches of the tax officers ? <br /> </span></span></span></p> <p class="BODYTEXT" style="text-indent: 0in;"> </p> <p class="BODYTEXT"> <span style="font-size: 12px;"><span class="MyriadPro"><span aldine401="">Economists sometimes argue that tax officers, tax accountants and tax lawyers don't perform any kind of productive function for the economy. But these economists are wrong in absolute terms. Let's first take the case of tax officers; they are highly productive. Look at the multi-million rupees bungalow of a revenue clerk at the heart of Kathmandu, who indeed had descended empty-handed from the high hills just a few years ago. And, gauge the pace of his productivity -- out of ten thousand rupees salary a month, he could multiple his income at least twenty fold to become so rich in no time. <br /> </span></span></span></p> <p class="BODYTEXT"> <span style="font-size:12px;"><span class="MyriadPro"><span aldine401=""><br /> </span></span></span></p> <p class="BODYTEXT"> <span style="font-size: 12px;"><span class="MyriadPro"><span aldine401="">Looking at the present determination exuded by some of the bureaucrats in tax administration, sworn to take action with tax evaders, one may find it hard to believe that these public servants work hand-in-glove with the private firms. But the recent episode of vowed action is true exception and is sure to evaporate in a couple of <br /> </span></span></span></p> <p class="BODYTEXT"> <span style="font-size:12px;"><span class="MyriadPro"><span aldine401=""><br /> </span></span></span></p> <p class="BODYTEXT" style="text-align: justify;"> <span style="font-size:12px;"><span class="MyriadPro"><span aldine401=""><img alt="" border="4" hspace="3" src="http://www.newbusinessage.com/ckfinder/userfiles/Images/img.jpg" style="width: 358px; height: 254px;" vspace="3" /></span></span></span></p> <p class="BODYTEXT"> <span style="font-size: 12px;"><span class="MyriadPro"><span aldine401="">months, if not days, without anything tangible. But the norm is: bureaucrats help the businesses to increase the profitability, and in turn, businesses reciprocate to enhance the productivity. <br /> </span></span></span></p> <p class="BODYTEXT"> <span style="font-size:12px;"><span class="MyriadPro"><span aldine401=""><br /> </span></span></span></p> <p class="BODYTEXT"> <span style="font-size: 12px;"><span class="MyriadPro"><span aldine401="">What could be the better productivity of CAs or tax accountants than helping their client save the tax money? They may call it tax planning, tax saving or tax avoiding, but in effect they help save money. Who on earth can say that saving is not being productive? It is a public knowledge that the best skill of an accountant lies in maintaining the balance in balance sheets. The more the cash balance, the merrier the client. This process, rather than an isolated incidence, duly recognizes the productive ability of CA and consolidates the productivity potential of the saver. <br /> </span></span></span></p> <p class="BODYTEXT"> <span style="font-size:12px;"><span class="MyriadPro"><span aldine401=""><br /> </span></span></span></p> <p class="BODYTEXT"> <span style="font-size: 12px;"><span class="MyriadPro"><span aldine401="">Because, not paying tax is also being highly productive. Even if you do, the amount is sure to go to the pockets of some politicians who sit in Singhadurbar or Baneswore who just eat-up time quarrelling for a chair, instead of being productive. Instead. look at how our business people could be productive out of saved money by not paying taxes. They could set up industries and production units. They can use it for their marriages, perhaps more than one, and increase their productivity. Even their luxury trips help promote value tourism that may include a number of heavenly pleasures, which in essence has to be reproduced or replenished by the tourism industry. <br /> </span></span></span></p> <p class="BODYTEXT"> <span style="font-size:12px;"><span class="MyriadPro"><span aldine401=""><br /> </span></span></span></p> <p class="BODYTEXT"> <span style="font-size: 12px;"><span class="MyriadPro"><span aldine401="">The tax lawyers are even more productive. These are the people who can swing the double-edged swords. They can produce the documents that are helpful for the businesses to evade the taxes at the first place and defend even indefensible if caught by the authorities. Simultaneously, they may be able to provide information to different departments or organizations like Inland Revenue Department, Flying Squad, CIAA, Revenue Tribunal etc, at least for 15 per cent legal commission.</span></span></span></p> <p class="BODYTEXT"> <span style="font-size:12px;"><span class="MyriadPro"><span aldine401=""><br /> </span></span></span></p> <p class="MsoNormal"> <span style="font-size: 12px;"><span class="MyriadPro"><span aldine401="" letter-spacing:="">All these analogies must be enough to firmly establish that not to pay tax is being more productive than paying it. Then why not abolish the tax system altogether ? <br /> </span></span></span></p> <p class="MsoNormal"> </p> <p class="MsoNormal"> <span style="font-size:12px;"><span class="MyriadPro"><span aldine401="" letter-spacing:=""><br /> </span></span></span></p>', 'published' => true, 'created' => '2011-02-09', 'modified' => '2012-09-16', 'keywords' => '', 'description' => 'These days, there is a lot of news about revenue officers running behind some prominent Nepali business people. The charge on the poor business people was simple: they produced some fake VAT bills. This', 'sortorder' => '145', 'image' => null, 'article_date' => '0000-00-00 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => false, 'in_scroller' => false, 'user_id' => '0' ) ), (int) 4 => array( 'Article' => array( 'id' => '202', 'article_category_id' => '48', 'title' => 'Where Is CEO Charisma ?', 'sub_title' => '', 'summary' => null, 'content' => '<p class="MsoNormal" style="text-align: justify;"> <span style="font-size:12px;"><i><span bright="" lucida="" serif="" style="line-height: 115%;"><a href="http://www.newbusinessage.com/ckfinder/userfiles/Images/small.jpg" target="_blank"><img align="left" alt="nolaughingmatter" border="1" height="143" hspace="5" src="http://www.newbusinessage.com/ckfinder/userfiles/Images/small.jpg" style="width: 105px; height: 143px;margin:10px;padding:10px;" vspace="5" width="105" /></a></span></i></span></p> <p class="MsoNormal" style="margin-bottom: 0.0001pt; text-align: justify; line-height: normal;"> <span style="font-size: 12px;"><i><span bright="" lucida="" serif="" style="line-height: 115%;"> </span></i><span color:="" franklingothic-heavy="" sans-serif="">T</span><span aldine401bt-romana="" color:="" serif="">he very recent hot topic for news in our media has been the pay of CEOs in bank and financial institutions. No sooner the central bank issued a notice called directive, the wowed aspects of their pay spilled to the public gaze. CEOs started to cry a foul by the central bank in the D area of their respective bank boards. NRB people tried to defend their move claiming nothing less than ˜this directive will not have any effect to the pay CEOs are now enjoying. But this neither stopped the media hype nor did the crying pitch of CEOs reduce. <br /> </span></span></p> <p class="MsoNormal" style="margin-bottom: 0.0001pt; text-align: justify; line-height: normal;"> <span style="font-size:12px;"><span aldine401bt-romana="" color:="" serif=""><br /> </span></span></p> <p class="MsoNormal" style="margin-bottom: 0.0001pt; text-align: justify; line-height: normal;"> <span style="font-size: 12px;"><span aldine401bt-romana="" color:="" serif="">You may wonder what is so big deal about it? Why is everyone from the governor of Nepal Rastra Bank and the government secretaries to the media after the CEO's salary? Are CEOs really overpaid? For that matter, are the rank-and-file workers underpaid? <br /> </span></span></p> <p class="MsoNormal" style="margin-bottom: 0.0001pt; text-align: justify; line-height: normal;"> <span style="font-size:12px;"><span aldine401bt-romana="" color:="" serif=""><br /> </span></span></p> <p class="MsoNormal" style="margin-bottom: 0.0001pt; text-align: justify; line-height: normal;"> <span style="font-size: 12px;"><span aldine401bt-romana="" color:="" serif="">Only in a cursory look, one may find that it is not the question of CEOs getting less or more but the fact of the matter is : these CEOs are simply uncharismatic and don't know how to buy great things with small pay. Lack of this quality in them raises larger question of would these people at the helm help the institution earn more by spending less. <br /> </span></span></p> <p class="MsoNormal" style="margin-bottom: 0.0001pt; text-align: justify; line-height: normal;"> <span style="font-size:12px;"><span aldine401bt-romana="" color:="" serif=""><br /> </span></span></p> <p class="MsoNormal" style="margin-bottom: 0.0001pt; text-align: justify; line-height: normal;"> <span style="font-size: 12px;"><span aldine401bt-romana="" color:="" serif=""><a href="http://www.newbusinessage.com/ckfinder/userfiles/Images/no laughin.jpg" target="_self"><img align="left" alt="nolaughingmatter" border="1" height="198" hspace="5" src="http://www.newbusinessage.com/ckfinder/userfiles/Images/no laughin.jpg" style="width: 217px; height: 198px;margin:10px;padding:10px;" vspace="5" width="217" /></a>Take an example of a government section officer or an undersecretary; he might hardly draw more than Rs. fifteen thousand a month. But in five years, he will have at least a new house in Kathmandu, a four wheeler and a wife who wears ornaments of a few hundred thousand, if not millions, rupees.</span></span></p> <p class="MsoNormal" style="margin-bottom: 0.0001pt; text-align: justify; line-height: normal;"> <span style="font-size:12px;"><span aldine401bt-romana="" color:="" serif=""><br /> </span></span></p> <p class="MsoNormal" style="margin-bottom: 0.0001pt; text-align: justify; line-height: normal;"> <span style="font-size: 12px;"><span aldine401bt-romana="" color:="" serif="">And, the most important thing is, he never complaints about the salary, and the government unlike the Rastra Bank does not send out a memo to reduce his pay. Why can't these folks called CEOs have that sort of creative acumen to manage things like that on their own? They surely lack ability to manage and choose to beg at least not to cut what they get. <br /> </span></span></p> <p class="MsoNormal" style="margin-bottom: 0.0001pt; text-align: justify; line-height: normal;"> <span style="font-size:12px;"><span aldine401bt-romana="" color:="" serif=""><br /> </span></span></p> <p class="MsoNormal" style="margin-bottom: 0.0001pt; text-align: justify; line-height: normal;"> <span style="font-size: 12px;"><span aldine401bt-romana="" color:="" serif="">By now it is evident that our CEOs are unable to pull and pool the recourses. Even worse, they don't learn from the big people. Look at how our supply minister manages his supply of petrol free of cost from the Oil Corporation. And how unremorsefully the chief of the Corporation, who is also the CEO of another breed, helps meet the end of his patron is more of a lesson. Having seen so many deficiencies in them, it is hard to believe that most CEOs in Nepal's BF's are intelligent, have advanced degrees often from one of the top universities in the world and work some sixty or more hours a week. <br /> </span></span></p> <p class="MsoNormal" style="margin-bottom: 0.0001pt; text-align: justify; line-height: normal;"> <span style="font-size:12px;"><span aldine401bt-romana="" color:="" serif=""><br /> </span></span></p> <p class="MsoNormal" style="margin-bottom: 0.0001pt; text-align: justify; line-height: normal;"> <span style="font-size: 12px;"><span aldine401bt-romana="" color:="" serif="">Therefore, to convince at least to their hawkish supervisor called Ratra Bank that they are deserving enough to draw a handsome salary and perks, these CEOs must mend their ways that suits the indigenous soil. They must stop demanding this and that facility or mercy from the Rastra Bank. Instead, they can learn from the supervisors there. Drawing salary purse from the office, many NRB supervisors spend their day dealing with personal business of bonds or share trade or reaches to the political mentor of the choice. Effectively, s/he would earn in a day what a CEO earns in a month. Isnt it something to be inspired about ? <br /> </span></span></p> <p class="MsoNormal" style="margin-bottom: 0.0001pt; text-align: justify; line-height: normal;"> <span style="font-size: 12px;"><span aldine401bt-romana="" color:="" serif=""><br /> </span></span></p> <p class="MsoNormal" style="margin-bottom: 0.0001pt; text-align: justify; line-height: normal;"> </p> <p class="MsoNormal" style="margin-bottom: 0.0001pt; text-align: justify; line-height: normal;"> <span style="font-size:12px;"><span aldine401bt-romana="" color:="" serif=""><br /> </span></span></p>', 'published' => true, 'created' => '2011-01-16', 'modified' => '2012-09-16', 'keywords' => '', 'description' => 'The very recent hot topic for news in our media has been the pay of CEOs in bank and financial institutions. No sooner the central bank issued a notice called directive, the wowed aspects of their pay spilled to the public gaze. CEOs started to cry a foul by the central bank in the D area', 'sortorder' => '140', 'image' => null, 'article_date' => '0000-00-00 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => false, 'in_scroller' => false, 'user_id' => '0' ) ), (int) 5 => array( 'Article' => array( 'id' => '200', 'article_category_id' => '48', 'title' => 'Population, Electricity & TV', 'sub_title' => '', 'summary' => null, 'content' => '<p> <style type="text/css"> <!--{cke_protected}%3C!%2D%2D%7Bcke_protected%7D%253C!%252D%252D%257Bcke_protected%257D%25253C!%25252D%25252D%25257Bcke_protected%25257D%2525253C!%2525252D%2525252D%2525257Bcke_protected%2525257D%252525253C!%252525252D%252525252D%252525257Bcke_protected%252525257D%25252525253C!%25252525252D%25252525252D%25252525257Bcke_protected%25252525257D%2525252525253C!%2525252525252D%2525252525252D%2525252525257Bcke_protected%2525252525257D%252525252525253C!%252525252525252D%252525252525252D%252525252525257Bcke_protected%252525252525257D%25252525252525253C!%25252525252525252D%25252525252525252D%25252525252525257Bcke_protected%25252525252525257D%2525252525252525253C!%2525252525252525252D%2525252525252525252D%2525252525252525257Bcke_protected%2525252525252525257D%252525252525252525253C!%252525252525252525252D%252525252525252525252D%252525252525252525257Bcke_protected%252525252525252525257D%25252525252525252525253C!%25252525252525252525252D%25252525252525252525252D%25252525252525252525257Bcke_protected%25252525252525252525257D%2525252525252525252525253C!%2525252525252525252525252D%2525252525252525252525252D%2525252525252525252525257Bcke_protected%2525252525252525252525257D%252525252525252525252525253C!%252525252525252525252525252D%252525252525252525252525252D%252525252525252525252525257Bcke_protected%252525252525252525252525257D%25252525252525252525252525253C!%25252525252525252525252525252D%25252525252525252525252525252D%25252525252525252525252525257Bcke_protected%25252525252525252525252525257D%2525252525252525252525252525253C!%2525252525252525252525252525252D%2525252525252525252525252525252D%2525252525252525252525252525250A.style1%25252525252525252525252525252520%2525252525252525252525252525257B%2525252525252525252525252525250A%25252525252525252525252525252509font-size%2525252525252525252525252525253A%2525252525252525252525252525252012px%2525252525252525252525252525253B%2525252525252525252525252525250A%25252525252525252525252525252509font-weight%2525252525252525252525252525253A%25252525252525252525252525252520bold%2525252525252525252525252525253B%2525252525252525252525252525250A%2525252525252525252525252525257D%2525252525252525252525252525250A%2525252525252525252525252525252D%2525252525252525252525252525252D%2525252525252525252525252525253E%25252525252525252525252525252D%25252525252525252525252525252D%25252525252525252525252525253E%252525252525252525252525252D%252525252525252525252525252D%252525252525252525252525253E%2525252525252525252525252D%2525252525252525252525252D%2525252525252525252525253E%25252525252525252525252D%25252525252525252525252D%25252525252525252525253E%252525252525252525252D%252525252525252525252D%252525252525252525253E%2525252525252525252D%2525252525252525252D%2525252525252525253E%25252525252525252D%25252525252525252D%25252525252525253E%252525252525252D%252525252525252D%252525252525253E%2525252525252D%2525252525252D%2525252525253E%25252525252D%25252525252D%25252525253E%252525252D%252525252D%252525253E%2525252D%2525252D%2525253E%25252D%25252D%25253E%252D%252D%253E%2D%2D%3E--> </style></p> <div style="width: 595px;"> <div style="border: 1px solid rgb(204, 204, 204); padding: 5px; width: 47%; float: left;"> <div align="justify"> Try to remember the good old days when Nepal's population was only 15 million. In fact many have started doing that with relish.<br /> <br /> Yes, people have really started becoming nostalgic. For example, they remember the days when they could go and get relieved of the nature's call in the clean open air. And there was no fear of being kidnapped. The security level was so high. Though some high level feudal and royals may come cruising towards you on their imported cars and jeeps and run you over, the days and nights in those days were still so nice.<br /> <br /> The current days are bad because of only one reason the population growth.<br /> <br /> <br /> Nepal's population must have reached 30 million by now. To confirm it we will have to wait a couple of years as the official census is planned for the next year only. However, there is another way to check how fast the Nepali population is growing. For example, a baby, who was born while Makune was signing his resignation letter as the prime minister four or five months ago (depending upon when you are reading this page), is now older than about a million compatriots. That is how the number of Nepalis is growing. You don't have to be a biologist to realize that Nepalis could teach rabbits a lesson or two.<br /> <br /> The result is that, some people say if the ongoing trend continues, Nepal will soon overtake India and China in terms of population. Think what would happen if Nepal really overtook China and India. Both of these neighbours of ours are now developing so fast on the strength of both being the two largest populated countries on earth. If Nepal snatches that distinction from these giants, would not they really be angry and do something bad to Nepal? <br /> <br /> <br /> Or perhaps they will show what is known the world over as the Chinese or India ingenuity. You can just imagine how competitive the Indian and Chinese will be. As soon as Nepal gets within a million of India's or China's population, the Indian and Chinese governments will start a National month of baby-production campaign.Or they will introduce schemes like anyone who produces triplets gets a</div> </div> <div style="border: 1px solid rgb(204, 204, 204); padding: 5px; width: 47%; float: right;"> <div align="justify"> <img alt="" src="http://www.newbusinessage.com/ckfinder/userfiles/Images/bonus(1).jpg" style="margin: 0pt; padding: 0pt;" /><br /> <br /> free car or something like that.<br /> <br /> Both of these countries are teeming with the creative people for coining aggressive campaign slogans.<br /> <br /> And the analyses provided by some people is really smart. They say the power outage (known as loadshedding in Nepal) is to blame for the latest population boom. That is quite understandable. Had there been electricity, the Nepali couples would have watched TV and avoided the baby boom. Therefore, these people say that Nepal must produce more electricity and more TV channels to reduce the bed time, read, to cut the population growth rate. <br /> <br /> We all know about the progress in these two fronts. We are making a good progress in TV channels by leaps and bounds, so to say. But we are doing pretty badly in electricity. <br /> <br /> But wait a while. Perhaps there are still better solutions to this problem. What about the followings: <br /> <br /> <div style="padding: 0pt 0pt 0pt 10px;"> * Offer people in foreign countries a bonus of <br /> Rs.10 thousand for every Nepali child they <br /> adopt and increase the bonus to Rs. 100,000 if <br /> they adopt an adult.<br /> </div> <div style="padding: 0pt 0pt 0pt 10px;"> * Train more Nepali to speak English and put<br /> them on the next flight to Gulf, Malaysia or Korea <br /> or on a train to Mumbai so that they get HIV and <br /> don't return.<br /> </div> <div style="padding: 0pt 0pt 0pt 10px;"> * Find Nepalis who want to sell one of their<br /> kidneys f or organ transplants in India. Try to<br /> convince them to sell both.</div> </div> </div> <div style="clear: both;"> </div> </div>', 'published' => true, 'created' => '2010-12-29', 'modified' => '2012-09-16', 'keywords' => '', 'description' => 'Try to remember the good old days when Nepal's population was only 15 million. In fact many have started doing that with relish.', 'sortorder' => '138', 'image' => null, 'article_date' => '0000-00-00 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => false, 'in_scroller' => false, 'user_id' => '0' ) ) ) $current_user = null $logged_in = falsesimplexml_load_file - [internal], line ?? include - APP/View/Elements/side_bar.ctp, line 60 View::_evaluate() - CORE/Cake/View/View.php, line 971 View::_render() - CORE/Cake/View/View.php, line 933 View::_renderElement() - CORE/Cake/View/View.php, line 1224 View::element() - CORE/Cake/View/View.php, line 418 include - APP/View/Articles/index.ctp, line 157 View::_evaluate() - CORE/Cake/View/View.php, line 971 View::_render() - CORE/Cake/View/View.php, line 933 View::render() - CORE/Cake/View/View.php, line 473 Controller::render() - CORE/Cake/Controller/Controller.php, line 968 Dispatcher::_invoke() - CORE/Cake/Routing/Dispatcher.php, line 200 Dispatcher::dispatch() - CORE/Cake/Routing/Dispatcher.php, line 167 [main] - APP/webroot/index.php, line 117
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The election this time was quite historic as it was fought not only in democratic spirit but it had all killing spirits between the contesting panels. It took many years to achieve this grandeur of fighting spirit that got literally demonstrated beyond ballot. It was but natural for the FNCCI electorates to be inspired by the fights surrounding all around them.<br /> <br /> <br /> </span></div> <div style="margin-bottom: 0.0001pt; text-align: justify; text-indent: 14.15pt; line-height: 11pt; vertical-align: middle;"> <span style="font-size: 9.5pt;">The political leaders of the same party and those supposedly following the same principle, if any they have, are fighting cats and dogs. The trade unions are not only fighting with their employers but also between the factions in themselves. A few revolutionary parties have also waged a diplomatic war throwing shoes and pelting stones to some foreign diplomats. Some horrible, oooch! honourable Members of the revered Constituent Assembly(CA) who tried to write constitutional provisions in Red Passports are now fighting legal battles. All apart, the largest party in the CA is more inclined to fight than to write the constitution. To cut it short, there is fight in every spectrum of national life and how can one expect only the business community not to breathe the air from national atmosphere and remain shy of fighting.<br /> <br /> <br /> </span></div> <div style="margin-bottom: 0.0001pt; text-align: justify; text-indent: 14.15pt; line-height: 11pt; vertical-align: middle;"> </div> <div style="margin-bottom: 0.0001pt; text-align: justify; text-indent: 14.15pt; line-height: 11pt; vertical-align: middle;"> <span style="font-size: 9.5pt;"><img align="left" alt="nolaughingmatter" border="1" height="267" hspace="5" src="http://newbusinessage.com/ckfinder/userfiles/Images/no laugh(2).jpg" style="width: 292px; height: 267px;margin:10px;padding:10px;" vspace="5" width="292" />In fact, the body fight was the only thing left to make the FNCCI an institution compatible to our true national character. Everybody else in the society raised their fists and waved their legs to kick somebody from home or office but not the chamber members. This was the only gap left in the respectable members of apex chamber of the country to qualify as the national heroes. Now the brave brothers of business fraternity have done the job professionally making everybody feel proud about it. Thus it has been established now that private sectors’ leaders are not differently able or mentally retarded but physically capable and mentally sharp. Not to mention a special ability of the business community to be absolutely spendthrift when chips are actually down. This election was the latest testimony to it. To remind, there was a fight to finish spirit in the money game as well.</span></div> <div style="margin-bottom: 0.0001pt; text-align: justify; text-indent: 14.15pt; line-height: 11pt; vertical-align: middle;"> <br /> <br /> </div> <div style="margin-bottom: 0.0001pt; text-align: justify; text-indent: 14.15pt; line-height: 11pt; vertical-align: middle;"> <span style="font-size: 9.5pt;"> The exposition of this purely new quality amongst the business leaders, the true spirit of fighting among others, now ensures high pace of economic growth and prosperity of the nation. The country had remained poor so long only because our business community loathed the fight. Now they are on board and hopes for economic revolution are as high as ever before. Let's take a cue ! The political revolution was possible due to the fact that the politicians always fought like dogs among themselves. If Nepal wants economic revolution as well then the businessmen should also fight like the politicians. Apparently, now on, the Nepali business community will continue to learn from Nepali politics.</span></div> <div style="margin-bottom: 0.0001pt; text-align: justify; text-indent: 14.15pt; line-height: 11pt; vertical-align: middle;"> <br /> <br /> </div> <div> <span style="font-size: 9.5pt; line-height: 115%;">The revival of the fighting spirit and money mixing in ballots are indeed great achievements in this direction. Now, the fighting spirit, like in politics, should be able to kill all other spirits like democratic, nationalistic or ethical spirits to name a few. This only will make FNCCI an institution of repute and dignity that suits to twenty-first century national umbrella chamber.<br /> <br /> <br /> </span></div>', 'published' => true, 'created' => '2011-05-31', 'modified' => '2012-09-16', 'keywords' => '', 'description' => 'The FNCCI has elected a new President. The election this time was quite historic as it was fought not only in democratic spirit but it had all killing spirits between the contesting panels.', 'sortorder' => '222', 'image' => null, 'article_date' => '0000-00-00 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => false, 'in_scroller' => false, 'user_id' => '0' ) ), (int) 1 => array( 'Article' => array( 'id' => '248', 'article_category_id' => '48', 'title' => 'Nepal: A Free Economy Forever', 'sub_title' => '', 'summary' => null, 'content' => '<p> <!--[if gte mso 9]><xml> <w:WordDocument> <w:View>Normal</w:View> <w:Zoom>0</w:Zoom> <w:TrackMoves/> <w:TrackFormatting/> <w:PunctuationKerning/> <w:ValidateAgainstSchemas/> <w:SaveIfXMLInvalid>false</w:SaveIfXMLInvalid> <w:IgnoreMixedContent>false</w:IgnoreMixedContent> <w:AlwaysShowPlaceholderText>false</w:AlwaysShowPlaceholderText> <w:DoNotPromoteQF/> <w:LidThemeOther>EN-US</w:LidThemeOther> <w:LidThemeAsian>X-NONE</w:LidThemeAsian> 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style="line-height: 120%;"><img alt="" src="http://www.newbusinessage.com/ckfinder/userfiles/Images/img(2).jpg" style="width: 89px; height: 109px;" /></span></i></p> <p class="MsoNormal" style="margin-bottom: 0.0001pt; line-height: 120%; vertical-align: middle;"> <i><span color:="" lucida="" style="line-height: 120%;"><span style="color: rgb(255, 0, 0);">By Madan Lamsal</span></span></i></p> <p class="MsoNormal" style="margin-bottom: 0.0001pt; line-height: 120%; vertical-align: middle;"> <i><span color:="" lucida="" style="line-height: 120%;"><span style="color: rgb(255, 0, 0);"><br /> </span></span></i></p> <p class="MsoNormal" style="margin-bottom: 0.0001pt; text-indent: 14.15pt; line-height: 11pt; vertical-align: middle;"> <span style="font-size: 12px;"><span aldine401="" color:="">A</span><span aldine401="" color:="">nyone who tries to impose Nepal a controlled or a mixed economy is for sure to doom. It is because Nepal's economy is by nature and inherently free and freak, and will continue to be like that. <br /> <br /> </span></span></p> <p class="MsoNormal" style="margin-bottom: 0.0001pt; text-indent: 14.15pt; line-height: 11pt; vertical-align: middle;"> <span style="font-size: 12px;"><span aldine401="" color:="">Before 1991 Nepal was somehow closed and controlled economy. After that so called democratic parties said they were trying to make Nepal a 'free economy'. But the right word was 'economy-free' which meant a 'country without economic activities'. This 'economy-free' became highly successful, of course, by the support of people's war that brought a complete halt to the economic activities. By this token, the Maoists are the biggest free-market forces of the country. Now some of the parties, including the very free-market forces in the government, are campaigning to make a 'mixed economy'.<br /> <br /> </span></span></p> <p class="MsoNormal" style="margin-bottom: 0.0001pt; text-indent: 14.15pt; line-height: 11pt; vertical-align: middle;"> <span style="font-size: 12px;"><span aldine401="" color:="">This indeed is a great idea. Mixing is also our great national character. Mix your business with politics and end result is: businessmen become members of parliament and politicians soon become billionaires. Mix trade-unionism in politics, the unionists become political leaders and businesses vanish from the country. <br /> </span></span></p> <p class="MsoNormal" style="margin-bottom: 0.0001pt; text-indent: 14.15pt; line-height: 11pt; vertical-align: middle;"> <span style="font-size: 12px;"><span aldine401="" color:=""><br /> </span></span></p> <p class="MsoNormal" style="margin-bottom: 0.0001pt; text-indent: 14.15pt; line-height: 11pt; vertical-align: middle;"> <span style="font-size: 12px;"><span aldine401="" color:="">Every Nepali is enjoying the freedom to mix one economic activity with the other. For example, one can carry fake currencies around and carry extortion racket simultaneously. In fact these mixtures were possible only because we have immense economic freedom. This is how the free-economy actually fathers the mixed one. <br /> </span></span></p> <p class="MsoNormal" style="margin-bottom: 0.0001pt; text-indent: 14.15pt; line-height: 11pt; vertical-align: middle;"> </p> <p class="MsoNormal" style="margin-bottom: 0.0001pt; text-align: justify; text-indent: 14.15pt; line-height: 11pt; vertical-align: middle;"> <span style="font-size: 12px;"><span aldine401="" color:=""><img alt="" border="2" hspace="2" src="http://www.newbusinessage.com/ckfinder/userfiles/Images/No Laughing Matter.jpg" style="width: 263px; height: 190px;" vspace="2" /></span></span></p> <p class="MsoNormal" style="margin-bottom: 0.0001pt; text-indent: 14.15pt; line-height: 11pt; vertical-align: middle;"> </p> <p class="MsoNormal" style="margin-bottom: 0.0001pt; text-indent: 14.15pt; line-height: 11pt; vertical-align: middle;"> <br /> <span style="font-size: 12px;"><span aldine401="" color:="">If we analyze meticulously, in a broader sense, Nepal was a free economy even before 1990. Nepal started to allow freaks to visit Nepal in the 60s. Then she brought 'Jhiti Gunt' policy which allowed people to bring in everything from gold to clothes to Nepal without paying duty. There also was a duty-free shop opened at the Tribhuvan International Airport to facilitate people to enjoy this freedom.</span></span></p> <p class="MsoNormal" style="margin-bottom: 0.0001pt; text-indent: 14.15pt; line-height: 11pt; vertical-align: middle;"> <span style="font-size: 12px;"><span aldine401="" color:=""><br /> But two years ago this duty-free shop was closed down by the then Finance Minister Dr Baburam Bhattarai for quite good reason. He wanted to make TI airport 'free of duty' as well as'free of spirits' and '˜free of smoke' so that anybody coming from abroad can bring the liquors and cigarettes without paying duty at the airport. Therefore, now people buy such goods abroad and pay duty to the governments abroad. <br /> </span></span></p> <p class="MsoNormal" style="margin-bottom: 0.0001pt; text-indent: 14.15pt; line-height: 11pt; vertical-align: middle;"> <span style="font-size: 12px;"><span aldine401="" color:=""><br /> Anyway, slowly Nepal is entering such an era of free economy where everything can come free here from gold to goldfish and from birds to briefcases full of things you name them. We must keep everything under the sun free in the country. Entry for the Nepalis into casinos must be kept free so that they can be free of their burden of physical wealth and sometimes gamble their own lives away. Similarly, poachers must be left free to kill rhinos and other endangered species for money . <br /> </span></span></p> <p class="MsoNormal" style="margin-bottom: 0.0001pt; text-indent: 14.15pt; line-height: 11pt; vertical-align: middle;"> <span style="font-size:12px;"><span aldine401="" color:=""><br /> </span></span></p> <p class="MsoNormal"> <span style="font-size: 12px;"><span aldine401="" color:="" style="line-height: 115%;">These are only a few examples of economic freedoms that Nepali people are enjoying and also these are the testimonies that Nepal no way wants other than the free-market, be that controlled or mixed economic policies. They have faith only in freedom - free donation, free education, free money (payment without work), free prizes etc. We also have free students union and free labour unions. There are campaigns going on for women's freedom, freedom to the indigenous people and freedom of religion. The government does not try to control corruption. By controlling corruption you will be controlling a freedom. By the same logic, doesn't control inflation. Similarly, some people are enjoying full freedom to indulge in flesh trade. For all these reasons our economy is only best fitted to be called free economy. Nepal cannot have a controlled or mixed economy. Thus the advocates of these models of economies surely do not have a future. <br /> </span></span></p> <p class="MsoNormal"> </p> <p class="MsoNormal"> <span style="font-size:12px;"><span aldine401="" color:="" style="line-height: 115%;"><br /> </span></span></p>', 'published' => true, 'created' => '2011-04-26', 'modified' => '2012-09-16', 'keywords' => '', 'description' => 'Anyone who tries to impose Nepal a controlled or a mixed economy is for sure to doom. It is because Nepal's economy is by nature and inherently free and freak, and will continue to be like that.', 'sortorder' => '177', 'image' => null, 'article_date' => '0000-00-00 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => false, 'in_scroller' => false, 'user_id' => '0' ) ), (int) 2 => array( 'Article' => array( 'id' => '245', 'article_category_id' => '48', 'title' => 'One Million Tourists Guaranteed', 'sub_title' => '', 'summary' => null, 'content' => '<p> <em><img align="left" alt="nolaugningmatter" border="1" height="145" hspace="5" src="http://www.newbusinessage.com/ckfinder/userfiles/Images/img(1).jpg" style="width: 120px; height: 145px;margin:10px;padding:10px;" vspace="5" width="120" /><span style="color: rgb(178, 34, 34);">By Madan Lamsal</span></em></p> <p> Some people doubt on materialisation of the government plan of bringing one million tourists to Nepal in Tourism Year 2011. They regard the plan as a pipedream. But I say nobody be they the Americans, the Indians, the Marxists or the Maoists - can stop tourists in millions visiting Nepal. For example, the USA has, from time to time, been issuing travel advisories to its citizens not to visit Nepal by citing this or that risk. But the Americans have not stopped coming to Nepal. They used to come here as Peace Corps volunteers in the past, then they came as academics of the Summer Institute of Linguists and now as INGO and church workers. Till a few months ago, they were here as UNMIN officials.</p> <p>  It is interesting though that the USA has not yet removed the tag of terrorist from peace loving Nepali Maoists. However, it has not stopped some privileged Maoist leaders from visiting USA with hopefully genuine American visa. Therefore, the true intention of the US travel advisory is effectively not to advise the Americans not to visit Nepal. Rather, it is intended to remind the Americans that Nepal is one of the countries that the Americans are visiting and it would be worthwhile for other Americans to visit again and agian. This is somewhat similar to the case of 'No Smoking' sign reminding the smokers to light up.<br /> </p> <p> In fact the reason why foreigners come to Nepal is to see the ever smiling faces of the Nepalis. A survey conducted by Nepal Tourism Board has already confirmed this fact. Anyone in the world would be interested to see such unique creatures called Nepalis who can continuously smile regardless of looting by their own politicians and continuous booting by the foreigners. They do not protest, and carry on with their daily routine as usual.<br /> </p> <table style="border:0px solid rgb(204, 204, 204); padding: 5px; width: 47%; float: left; height: 181%;"> </table> <p> <img align="textTop" alt="nolaughingmatter" border="1" height="405" hspace="5" src="http://www.newbusinessage.com/ckfinder/userfiles/Images/nty(1).jpg" style="width: 433px; height: 405px; margin: 10px; padding: 10px;" vspace="5" width="433" /><br /> <br /> But that is not all. Nepal has other unique attractions too. If an ordinary citizen violates the law, he or she will be immediately punished. If a businessman fails to pay bank loan his property will be confiscated and passport suspended. But political parties and their cadres are above all these laws. They are free to roam even when they kill the person they don't like. The murderer politician can even become a Member of Parliament and a minister. The politicians who got elected to the Constituent Assembly promising to prepare the constitution within a specified time failed in the promise. Still they don't have to face any punishment. The Nepali people don't like to punish them and smilingly pay the taxes to pay salary and perks to such politicians. Where else will the foreigners get to see such people in the world?<br /> </p> <p> To add tourist attraction, we have now introduced the Home Stay system, which our tourism industry stalwarts say is a really miraculous solution so as to accommodate any number of tourists coming to Nepal. Even if they are wrong, there is a strong numerical proof to be convinced that Nepal can easily get and accommodate not only 1 million but 10 million tourists.<br /> </p> <p> If by any reason, the Americans, Europeans, Australians, Indians and Chinese don't come to Nepal, we still can play the trump card we have. That is we can recall all the Nepalis who have gone abroad for work. If only one fraction of those heed our call, their number will be enough to fulfil the magic number of 1 million!</p> <table style="margin:10px; padding:10px; border:0px solid rgb(204, 204, 204); padding: 5px; width:500px; float: right;"> </table> <p> </p> <p> </p> <p> </p>', 'published' => true, 'created' => '2011-03-20', 'modified' => '2012-09-16', 'keywords' => '', 'description' => 'Some people doubt on materialisation of the government plan of bringing one million tourists to Nepal in Tourism Year 2011. 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gte mso 10]> <style> /* Style Definitions */ table.MsoNormalTable {mso-style-name:"Table Normal"; mso-tstyle-rowband-size:0; mso-tstyle-colband-size:0; mso-style-noshow:yes; mso-style-priority:99; mso-style-qformat:yes; mso-style-parent:""; mso-padding-alt:0in 5.4pt 0in 5.4pt; mso-para-margin-top:0in; mso-para-margin-right:0in; mso-para-margin-bottom:10.0pt; mso-para-margin-left:0in; line-height:115%; mso-pagination:widow-orphan; font-size:11.0pt; font-family:"Calibri","sans-serif"; mso-ascii-font-family:Calibri; mso-ascii-theme-font:minor-latin; mso-fareast-font-family:"Times New Roman"; mso-fareast-theme-font:minor-fareast; mso-hansi-font-family:Calibri; mso-hansi-theme-font:minor-latin;} </style> <![endif]--></p> <p class="MsoNormal"> <span style="font-size:12px;"><i><span color:="" lucida="" style="line-height: 120%;"><img alt="" border="4" hspace="3" src="http://www.newbusinessage.com/ckfinder/userfiles/Images/no.jpg" style="width: 129px; height: 155px;" vspace="2" /></span></i></span></p> <p class="MsoNormal"> <span style="font-size: 12px;"><i><span color:="" lucida="" style="line-height: 120%;">By Madan Lamsal</span></i></span></p> <p class="MsoNormal"> </p> <p class="MsoNormal"> <span style="line-height: 115%;"><br /> </span></p> <p class="BODYTEXT" style="text-indent: 0in;"> <span style="font-size: 12px;"><span class="MyriadPro"><b><span aldine401="">T</span></b></span><span class="MyriadPro"><span aldine401="">hese days, there is a lot of news about revenue officers running behind some prominent Nepali business people. The charge on the poor business people was simple: they produced some fake VAT bills. This was indeed an unbelievable revelation as Nepali businesses selectively employ many Chartered Accountants, lawyers, tax experts and also, former bureaucrats. Why were all these trained hands supporting the private businesses not able to protect the firms from the clutches of the tax officers ? <br /> </span></span></span></p> <p class="BODYTEXT" style="text-indent: 0in;"> </p> <p class="BODYTEXT"> <span style="font-size: 12px;"><span class="MyriadPro"><span aldine401="">Economists sometimes argue that tax officers, tax accountants and tax lawyers don't perform any kind of productive function for the economy. But these economists are wrong in absolute terms. Let's first take the case of tax officers; they are highly productive. Look at the multi-million rupees bungalow of a revenue clerk at the heart of Kathmandu, who indeed had descended empty-handed from the high hills just a few years ago. And, gauge the pace of his productivity -- out of ten thousand rupees salary a month, he could multiple his income at least twenty fold to become so rich in no time. <br /> </span></span></span></p> <p class="BODYTEXT"> <span style="font-size:12px;"><span class="MyriadPro"><span aldine401=""><br /> </span></span></span></p> <p class="BODYTEXT"> <span style="font-size: 12px;"><span class="MyriadPro"><span aldine401="">Looking at the present determination exuded by some of the bureaucrats in tax administration, sworn to take action with tax evaders, one may find it hard to believe that these public servants work hand-in-glove with the private firms. But the recent episode of vowed action is true exception and is sure to evaporate in a couple of <br /> </span></span></span></p> <p class="BODYTEXT"> <span style="font-size:12px;"><span class="MyriadPro"><span aldine401=""><br /> </span></span></span></p> <p class="BODYTEXT" style="text-align: justify;"> <span style="font-size:12px;"><span class="MyriadPro"><span aldine401=""><img alt="" border="4" hspace="3" src="http://www.newbusinessage.com/ckfinder/userfiles/Images/img.jpg" style="width: 358px; height: 254px;" vspace="3" /></span></span></span></p> <p class="BODYTEXT"> <span style="font-size: 12px;"><span class="MyriadPro"><span aldine401="">months, if not days, without anything tangible. But the norm is: bureaucrats help the businesses to increase the profitability, and in turn, businesses reciprocate to enhance the productivity. <br /> </span></span></span></p> <p class="BODYTEXT"> <span style="font-size:12px;"><span class="MyriadPro"><span aldine401=""><br /> </span></span></span></p> <p class="BODYTEXT"> <span style="font-size: 12px;"><span class="MyriadPro"><span aldine401="">What could be the better productivity of CAs or tax accountants than helping their client save the tax money? They may call it tax planning, tax saving or tax avoiding, but in effect they help save money. Who on earth can say that saving is not being productive? It is a public knowledge that the best skill of an accountant lies in maintaining the balance in balance sheets. The more the cash balance, the merrier the client. This process, rather than an isolated incidence, duly recognizes the productive ability of CA and consolidates the productivity potential of the saver. <br /> </span></span></span></p> <p class="BODYTEXT"> <span style="font-size:12px;"><span class="MyriadPro"><span aldine401=""><br /> </span></span></span></p> <p class="BODYTEXT"> <span style="font-size: 12px;"><span class="MyriadPro"><span aldine401="">Because, not paying tax is also being highly productive. Even if you do, the amount is sure to go to the pockets of some politicians who sit in Singhadurbar or Baneswore who just eat-up time quarrelling for a chair, instead of being productive. Instead. look at how our business people could be productive out of saved money by not paying taxes. They could set up industries and production units. They can use it for their marriages, perhaps more than one, and increase their productivity. Even their luxury trips help promote value tourism that may include a number of heavenly pleasures, which in essence has to be reproduced or replenished by the tourism industry. <br /> </span></span></span></p> <p class="BODYTEXT"> <span style="font-size:12px;"><span class="MyriadPro"><span aldine401=""><br /> </span></span></span></p> <p class="BODYTEXT"> <span style="font-size: 12px;"><span class="MyriadPro"><span aldine401="">The tax lawyers are even more productive. These are the people who can swing the double-edged swords. They can produce the documents that are helpful for the businesses to evade the taxes at the first place and defend even indefensible if caught by the authorities. Simultaneously, they may be able to provide information to different departments or organizations like Inland Revenue Department, Flying Squad, CIAA, Revenue Tribunal etc, at least for 15 per cent legal commission.</span></span></span></p> <p class="BODYTEXT"> <span style="font-size:12px;"><span class="MyriadPro"><span aldine401=""><br /> </span></span></span></p> <p class="MsoNormal"> <span style="font-size: 12px;"><span class="MyriadPro"><span aldine401="" letter-spacing:="">All these analogies must be enough to firmly establish that not to pay tax is being more productive than paying it. Then why not abolish the tax system altogether ? <br /> </span></span></span></p> <p class="MsoNormal"> </p> <p class="MsoNormal"> <span style="font-size:12px;"><span class="MyriadPro"><span aldine401="" letter-spacing:=""><br /> </span></span></span></p>', 'published' => true, 'created' => '2011-02-09', 'modified' => '2012-09-16', 'keywords' => '', 'description' => 'These days, there is a lot of news about revenue officers running behind some prominent Nepali business people. The charge on the poor business people was simple: they produced some fake VAT bills. This', 'sortorder' => '145', 'image' => null, 'article_date' => '0000-00-00 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => false, 'in_scroller' => false, 'user_id' => '0' ) ), (int) 4 => array( 'Article' => array( 'id' => '202', 'article_category_id' => '48', 'title' => 'Where Is CEO Charisma ?', 'sub_title' => '', 'summary' => null, 'content' => '<p class="MsoNormal" style="text-align: justify;"> <span style="font-size:12px;"><i><span bright="" lucida="" serif="" style="line-height: 115%;"><a href="http://www.newbusinessage.com/ckfinder/userfiles/Images/small.jpg" target="_blank"><img align="left" alt="nolaughingmatter" border="1" height="143" hspace="5" src="http://www.newbusinessage.com/ckfinder/userfiles/Images/small.jpg" style="width: 105px; height: 143px;margin:10px;padding:10px;" vspace="5" width="105" /></a></span></i></span></p> <p class="MsoNormal" style="margin-bottom: 0.0001pt; text-align: justify; line-height: normal;"> <span style="font-size: 12px;"><i><span bright="" lucida="" serif="" style="line-height: 115%;"> </span></i><span color:="" franklingothic-heavy="" sans-serif="">T</span><span aldine401bt-romana="" color:="" serif="">he very recent hot topic for news in our media has been the pay of CEOs in bank and financial institutions. No sooner the central bank issued a notice called directive, the wowed aspects of their pay spilled to the public gaze. CEOs started to cry a foul by the central bank in the D area of their respective bank boards. NRB people tried to defend their move claiming nothing less than ˜this directive will not have any effect to the pay CEOs are now enjoying. But this neither stopped the media hype nor did the crying pitch of CEOs reduce. <br /> </span></span></p> <p class="MsoNormal" style="margin-bottom: 0.0001pt; text-align: justify; line-height: normal;"> <span style="font-size:12px;"><span aldine401bt-romana="" color:="" serif=""><br /> </span></span></p> <p class="MsoNormal" style="margin-bottom: 0.0001pt; text-align: justify; line-height: normal;"> <span style="font-size: 12px;"><span aldine401bt-romana="" color:="" serif="">You may wonder what is so big deal about it? Why is everyone from the governor of Nepal Rastra Bank and the government secretaries to the media after the CEO's salary? Are CEOs really overpaid? For that matter, are the rank-and-file workers underpaid? <br /> </span></span></p> <p class="MsoNormal" style="margin-bottom: 0.0001pt; text-align: justify; line-height: normal;"> <span style="font-size:12px;"><span aldine401bt-romana="" color:="" serif=""><br /> </span></span></p> <p class="MsoNormal" style="margin-bottom: 0.0001pt; text-align: justify; line-height: normal;"> <span style="font-size: 12px;"><span aldine401bt-romana="" color:="" serif="">Only in a cursory look, one may find that it is not the question of CEOs getting less or more but the fact of the matter is : these CEOs are simply uncharismatic and don't know how to buy great things with small pay. Lack of this quality in them raises larger question of would these people at the helm help the institution earn more by spending less. <br /> </span></span></p> <p class="MsoNormal" style="margin-bottom: 0.0001pt; text-align: justify; line-height: normal;"> <span style="font-size:12px;"><span aldine401bt-romana="" color:="" serif=""><br /> </span></span></p> <p class="MsoNormal" style="margin-bottom: 0.0001pt; text-align: justify; line-height: normal;"> <span style="font-size: 12px;"><span aldine401bt-romana="" color:="" serif=""><a href="http://www.newbusinessage.com/ckfinder/userfiles/Images/no laughin.jpg" target="_self"><img align="left" alt="nolaughingmatter" border="1" height="198" hspace="5" src="http://www.newbusinessage.com/ckfinder/userfiles/Images/no laughin.jpg" style="width: 217px; height: 198px;margin:10px;padding:10px;" vspace="5" width="217" /></a>Take an example of a government section officer or an undersecretary; he might hardly draw more than Rs. fifteen thousand a month. But in five years, he will have at least a new house in Kathmandu, a four wheeler and a wife who wears ornaments of a few hundred thousand, if not millions, rupees.</span></span></p> <p class="MsoNormal" style="margin-bottom: 0.0001pt; text-align: justify; line-height: normal;"> <span style="font-size:12px;"><span aldine401bt-romana="" color:="" serif=""><br /> </span></span></p> <p class="MsoNormal" style="margin-bottom: 0.0001pt; text-align: justify; line-height: normal;"> <span style="font-size: 12px;"><span aldine401bt-romana="" color:="" serif="">And, the most important thing is, he never complaints about the salary, and the government unlike the Rastra Bank does not send out a memo to reduce his pay. Why can't these folks called CEOs have that sort of creative acumen to manage things like that on their own? They surely lack ability to manage and choose to beg at least not to cut what they get. <br /> </span></span></p> <p class="MsoNormal" style="margin-bottom: 0.0001pt; text-align: justify; line-height: normal;"> <span style="font-size:12px;"><span aldine401bt-romana="" color:="" serif=""><br /> </span></span></p> <p class="MsoNormal" style="margin-bottom: 0.0001pt; text-align: justify; line-height: normal;"> <span style="font-size: 12px;"><span aldine401bt-romana="" color:="" serif="">By now it is evident that our CEOs are unable to pull and pool the recourses. Even worse, they don't learn from the big people. Look at how our supply minister manages his supply of petrol free of cost from the Oil Corporation. And how unremorsefully the chief of the Corporation, who is also the CEO of another breed, helps meet the end of his patron is more of a lesson. Having seen so many deficiencies in them, it is hard to believe that most CEOs in Nepal's BF's are intelligent, have advanced degrees often from one of the top universities in the world and work some sixty or more hours a week. <br /> </span></span></p> <p class="MsoNormal" style="margin-bottom: 0.0001pt; text-align: justify; line-height: normal;"> <span style="font-size:12px;"><span aldine401bt-romana="" color:="" serif=""><br /> </span></span></p> <p class="MsoNormal" style="margin-bottom: 0.0001pt; text-align: justify; line-height: normal;"> <span style="font-size: 12px;"><span aldine401bt-romana="" color:="" serif="">Therefore, to convince at least to their hawkish supervisor called Ratra Bank that they are deserving enough to draw a handsome salary and perks, these CEOs must mend their ways that suits the indigenous soil. They must stop demanding this and that facility or mercy from the Rastra Bank. Instead, they can learn from the supervisors there. Drawing salary purse from the office, many NRB supervisors spend their day dealing with personal business of bonds or share trade or reaches to the political mentor of the choice. Effectively, s/he would earn in a day what a CEO earns in a month. Isnt it something to be inspired about ? <br /> </span></span></p> <p class="MsoNormal" style="margin-bottom: 0.0001pt; text-align: justify; line-height: normal;"> <span style="font-size: 12px;"><span aldine401bt-romana="" color:="" serif=""><br /> </span></span></p> <p class="MsoNormal" style="margin-bottom: 0.0001pt; text-align: justify; line-height: normal;"> </p> <p class="MsoNormal" style="margin-bottom: 0.0001pt; text-align: justify; line-height: normal;"> <span style="font-size:12px;"><span aldine401bt-romana="" color:="" serif=""><br /> </span></span></p>', 'published' => true, 'created' => '2011-01-16', 'modified' => '2012-09-16', 'keywords' => '', 'description' => 'The very recent hot topic for news in our media has been the pay of CEOs in bank and financial institutions. No sooner the central bank issued a notice called directive, the wowed aspects of their pay spilled to the public gaze. CEOs started to cry a foul by the central bank in the D area', 'sortorder' => '140', 'image' => null, 'article_date' => '0000-00-00 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => false, 'in_scroller' => false, 'user_id' => '0' ) ), (int) 5 => array( 'Article' => array( 'id' => '200', 'article_category_id' => '48', 'title' => 'Population, Electricity & TV', 'sub_title' => '', 'summary' => null, 'content' => '<p> <style type="text/css"> <!--{cke_protected}%3C!%2D%2D%7Bcke_protected%7D%253C!%252D%252D%257Bcke_protected%257D%25253C!%25252D%25252D%25257Bcke_protected%25257D%2525253C!%2525252D%2525252D%2525257Bcke_protected%2525257D%252525253C!%252525252D%252525252D%252525257Bcke_protected%252525257D%25252525253C!%25252525252D%25252525252D%25252525257Bcke_protected%25252525257D%2525252525253C!%2525252525252D%2525252525252D%2525252525257Bcke_protected%2525252525257D%252525252525253C!%252525252525252D%252525252525252D%252525252525257Bcke_protected%252525252525257D%25252525252525253C!%25252525252525252D%25252525252525252D%25252525252525257Bcke_protected%25252525252525257D%2525252525252525253C!%2525252525252525252D%2525252525252525252D%2525252525252525257Bcke_protected%2525252525252525257D%252525252525252525253C!%252525252525252525252D%252525252525252525252D%252525252525252525257Bcke_protected%252525252525252525257D%25252525252525252525253C!%25252525252525252525252D%25252525252525252525252D%25252525252525252525257Bcke_protected%25252525252525252525257D%2525252525252525252525253C!%2525252525252525252525252D%2525252525252525252525252D%2525252525252525252525257Bcke_protected%2525252525252525252525257D%252525252525252525252525253C!%252525252525252525252525252D%252525252525252525252525252D%252525252525252525252525257Bcke_protected%252525252525252525252525257D%25252525252525252525252525253C!%25252525252525252525252525252D%25252525252525252525252525252D%25252525252525252525252525257Bcke_protected%25252525252525252525252525257D%2525252525252525252525252525253C!%2525252525252525252525252525252D%2525252525252525252525252525252D%2525252525252525252525252525250A.style1%25252525252525252525252525252520%2525252525252525252525252525257B%2525252525252525252525252525250A%25252525252525252525252525252509font-size%2525252525252525252525252525253A%2525252525252525252525252525252012px%2525252525252525252525252525253B%2525252525252525252525252525250A%25252525252525252525252525252509font-weight%2525252525252525252525252525253A%25252525252525252525252525252520bold%2525252525252525252525252525253B%2525252525252525252525252525250A%2525252525252525252525252525257D%2525252525252525252525252525250A%2525252525252525252525252525252D%2525252525252525252525252525252D%2525252525252525252525252525253E%25252525252525252525252525252D%25252525252525252525252525252D%25252525252525252525252525253E%252525252525252525252525252D%252525252525252525252525252D%252525252525252525252525253E%2525252525252525252525252D%2525252525252525252525252D%2525252525252525252525253E%25252525252525252525252D%25252525252525252525252D%25252525252525252525253E%252525252525252525252D%252525252525252525252D%252525252525252525253E%2525252525252525252D%2525252525252525252D%2525252525252525253E%25252525252525252D%25252525252525252D%25252525252525253E%252525252525252D%252525252525252D%252525252525253E%2525252525252D%2525252525252D%2525252525253E%25252525252D%25252525252D%25252525253E%252525252D%252525252D%252525253E%2525252D%2525252D%2525253E%25252D%25252D%25253E%252D%252D%253E%2D%2D%3E--> </style></p> <div style="width: 595px;"> <div style="border: 1px solid rgb(204, 204, 204); padding: 5px; width: 47%; float: left;"> <div align="justify"> Try to remember the good old days when Nepal's population was only 15 million. In fact many have started doing that with relish.<br /> <br /> Yes, people have really started becoming nostalgic. For example, they remember the days when they could go and get relieved of the nature's call in the clean open air. And there was no fear of being kidnapped. The security level was so high. Though some high level feudal and royals may come cruising towards you on their imported cars and jeeps and run you over, the days and nights in those days were still so nice.<br /> <br /> The current days are bad because of only one reason the population growth.<br /> <br /> <br /> Nepal's population must have reached 30 million by now. To confirm it we will have to wait a couple of years as the official census is planned for the next year only. However, there is another way to check how fast the Nepali population is growing. For example, a baby, who was born while Makune was signing his resignation letter as the prime minister four or five months ago (depending upon when you are reading this page), is now older than about a million compatriots. That is how the number of Nepalis is growing. You don't have to be a biologist to realize that Nepalis could teach rabbits a lesson or two.<br /> <br /> The result is that, some people say if the ongoing trend continues, Nepal will soon overtake India and China in terms of population. Think what would happen if Nepal really overtook China and India. Both of these neighbours of ours are now developing so fast on the strength of both being the two largest populated countries on earth. If Nepal snatches that distinction from these giants, would not they really be angry and do something bad to Nepal? <br /> <br /> <br /> Or perhaps they will show what is known the world over as the Chinese or India ingenuity. You can just imagine how competitive the Indian and Chinese will be. As soon as Nepal gets within a million of India's or China's population, the Indian and Chinese governments will start a National month of baby-production campaign.Or they will introduce schemes like anyone who produces triplets gets a</div> </div> <div style="border: 1px solid rgb(204, 204, 204); padding: 5px; width: 47%; float: right;"> <div align="justify"> <img alt="" src="http://www.newbusinessage.com/ckfinder/userfiles/Images/bonus(1).jpg" style="margin: 0pt; padding: 0pt;" /><br /> <br /> free car or something like that.<br /> <br /> Both of these countries are teeming with the creative people for coining aggressive campaign slogans.<br /> <br /> And the analyses provided by some people is really smart. They say the power outage (known as loadshedding in Nepal) is to blame for the latest population boom. That is quite understandable. Had there been electricity, the Nepali couples would have watched TV and avoided the baby boom. Therefore, these people say that Nepal must produce more electricity and more TV channels to reduce the bed time, read, to cut the population growth rate. <br /> <br /> We all know about the progress in these two fronts. We are making a good progress in TV channels by leaps and bounds, so to say. But we are doing pretty badly in electricity. <br /> <br /> But wait a while. Perhaps there are still better solutions to this problem. What about the followings: <br /> <br /> <div style="padding: 0pt 0pt 0pt 10px;"> * Offer people in foreign countries a bonus of <br /> Rs.10 thousand for every Nepali child they <br /> adopt and increase the bonus to Rs. 100,000 if <br /> they adopt an adult.<br /> </div> <div style="padding: 0pt 0pt 0pt 10px;"> * Train more Nepali to speak English and put<br /> them on the next flight to Gulf, Malaysia or Korea <br /> or on a train to Mumbai so that they get HIV and <br /> don't return.<br /> </div> <div style="padding: 0pt 0pt 0pt 10px;"> * Find Nepalis who want to sell one of their<br /> kidneys f or organ transplants in India. Try to<br /> convince them to sell both.</div> </div> </div> <div style="clear: both;"> </div> </div>', 'published' => true, 'created' => '2010-12-29', 'modified' => '2012-09-16', 'keywords' => '', 'description' => 'Try to remember the good old days when Nepal's population was only 15 million. 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$viewFile = '/var/www/html/newbusinessage.com/app/View/Elements/side_bar.ctp' $dataForView = array( 'articles' => array( (int) 0 => array( 'Article' => array( [maximum depth reached] ) ), (int) 1 => array( 'Article' => array( [maximum depth reached] ) ), (int) 2 => array( 'Article' => array( [maximum depth reached] ) ), (int) 3 => array( 'Article' => array( [maximum depth reached] ) ), (int) 4 => array( 'Article' => array( [maximum depth reached] ) ), (int) 5 => array( 'Article' => array( [maximum depth reached] ) ) ), 'current_user' => null, 'logged_in' => false ) $articles = array( (int) 0 => array( 'Article' => array( 'id' => '296', 'article_category_id' => '48', 'title' => 'Truly Fighting Spirit', 'sub_title' => '', 'summary' => null, 'content' => '<div style="margin-bottom: 0.0001pt; text-align: justify; line-height: 120%; vertical-align: middle;"> <span style="color: rgb(255, 140, 0);"><i><span style="font-size: 8pt; line-height: 120%;"><img align="left" alt="madan" border="2" height="146" hspace="2" src="http://newbusinessage.com/ckfinder/userfiles/Images/img(4).jpg" style="width: 121px; height: 146px;margin:10px;padding:10px;" vspace="1" width="121" />By Madan Lamsal<br /> <br /> <br /> </span></i></span></div> <div style="margin-bottom: 0.0001pt; text-align: justify; vertical-align: middle;"> <span style="font-size: 14px;">T</span><span style="font-size: 9.5pt;">he FNCCI has elected a new President. The election this time was quite historic as it was fought not only in democratic spirit but it had all killing spirits between the contesting panels. It took many years to achieve this grandeur of fighting spirit that got literally demonstrated beyond ballot. It was but natural for the FNCCI electorates to be inspired by the fights surrounding all around them.<br /> <br /> <br /> </span></div> <div style="margin-bottom: 0.0001pt; text-align: justify; text-indent: 14.15pt; line-height: 11pt; vertical-align: middle;"> <span style="font-size: 9.5pt;">The political leaders of the same party and those supposedly following the same principle, if any they have, are fighting cats and dogs. The trade unions are not only fighting with their employers but also between the factions in themselves. A few revolutionary parties have also waged a diplomatic war throwing shoes and pelting stones to some foreign diplomats. Some horrible, oooch! honourable Members of the revered Constituent Assembly(CA) who tried to write constitutional provisions in Red Passports are now fighting legal battles. All apart, the largest party in the CA is more inclined to fight than to write the constitution. To cut it short, there is fight in every spectrum of national life and how can one expect only the business community not to breathe the air from national atmosphere and remain shy of fighting.<br /> <br /> <br /> </span></div> <div style="margin-bottom: 0.0001pt; text-align: justify; text-indent: 14.15pt; line-height: 11pt; vertical-align: middle;"> </div> <div style="margin-bottom: 0.0001pt; text-align: justify; text-indent: 14.15pt; line-height: 11pt; vertical-align: middle;"> <span style="font-size: 9.5pt;"><img align="left" alt="nolaughingmatter" border="1" height="267" hspace="5" src="http://newbusinessage.com/ckfinder/userfiles/Images/no laugh(2).jpg" style="width: 292px; height: 267px;margin:10px;padding:10px;" vspace="5" width="292" />In fact, the body fight was the only thing left to make the FNCCI an institution compatible to our true national character. Everybody else in the society raised their fists and waved their legs to kick somebody from home or office but not the chamber members. This was the only gap left in the respectable members of apex chamber of the country to qualify as the national heroes. Now the brave brothers of business fraternity have done the job professionally making everybody feel proud about it. Thus it has been established now that private sectors’ leaders are not differently able or mentally retarded but physically capable and mentally sharp. Not to mention a special ability of the business community to be absolutely spendthrift when chips are actually down. This election was the latest testimony to it. To remind, there was a fight to finish spirit in the money game as well.</span></div> <div style="margin-bottom: 0.0001pt; text-align: justify; text-indent: 14.15pt; line-height: 11pt; vertical-align: middle;"> <br /> <br /> </div> <div style="margin-bottom: 0.0001pt; text-align: justify; text-indent: 14.15pt; line-height: 11pt; vertical-align: middle;"> <span style="font-size: 9.5pt;"> The exposition of this purely new quality amongst the business leaders, the true spirit of fighting among others, now ensures high pace of economic growth and prosperity of the nation. The country had remained poor so long only because our business community loathed the fight. Now they are on board and hopes for economic revolution are as high as ever before. Let's take a cue ! The political revolution was possible due to the fact that the politicians always fought like dogs among themselves. If Nepal wants economic revolution as well then the businessmen should also fight like the politicians. Apparently, now on, the Nepali business community will continue to learn from Nepali politics.</span></div> <div style="margin-bottom: 0.0001pt; text-align: justify; text-indent: 14.15pt; line-height: 11pt; vertical-align: middle;"> <br /> <br /> </div> <div> <span style="font-size: 9.5pt; line-height: 115%;">The revival of the fighting spirit and money mixing in ballots are indeed great achievements in this direction. Now, the fighting spirit, like in politics, should be able to kill all other spirits like democratic, nationalistic or ethical spirits to name a few. This only will make FNCCI an institution of repute and dignity that suits to twenty-first century national umbrella chamber.<br /> <br /> <br /> </span></div>', 'published' => true, 'created' => '2011-05-31', 'modified' => '2012-09-16', 'keywords' => '', 'description' => 'The FNCCI has elected a new President. The election this time was quite historic as it was fought not only in democratic spirit but it had all killing spirits between the contesting panels.', 'sortorder' => '222', 'image' => null, 'article_date' => '0000-00-00 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => false, 'in_scroller' => false, 'user_id' => '0' ) ), (int) 1 => array( 'Article' => array( 'id' => '248', 'article_category_id' => '48', 'title' => 'Nepal: A Free Economy Forever', 'sub_title' => '', 'summary' => null, 'content' => '<p> <!--[if gte mso 9]><xml> <w:WordDocument> <w:View>Normal</w:View> <w:Zoom>0</w:Zoom> <w:TrackMoves/> <w:TrackFormatting/> <w:PunctuationKerning/> <w:ValidateAgainstSchemas/> <w:SaveIfXMLInvalid>false</w:SaveIfXMLInvalid> <w:IgnoreMixedContent>false</w:IgnoreMixedContent> <w:AlwaysShowPlaceholderText>false</w:AlwaysShowPlaceholderText> <w:DoNotPromoteQF/> <w:LidThemeOther>EN-US</w:LidThemeOther> <w:LidThemeAsian>X-NONE</w:LidThemeAsian> 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<w:LsdException Locked="false" Priority="39" QFormat="true" Name="TOC Heading"/> </w:LatentStyles> </xml><![endif]--><!--[if gte mso 10]> <style> /* Style Definitions */ table.MsoNormalTable {mso-style-name:"Table Normal"; mso-tstyle-rowband-size:0; mso-tstyle-colband-size:0; mso-style-noshow:yes; mso-style-priority:99; mso-style-qformat:yes; mso-style-parent:""; mso-padding-alt:0in 5.4pt 0in 5.4pt; mso-para-margin-top:0in; mso-para-margin-right:0in; mso-para-margin-bottom:10.0pt; mso-para-margin-left:0in; line-height:115%; mso-pagination:widow-orphan; font-size:11.0pt; font-family:"Calibri","sans-serif"; mso-ascii-font-family:Calibri; mso-ascii-theme-font:minor-latin; mso-fareast-font-family:"Times New Roman"; mso-fareast-theme-font:minor-fareast; mso-hansi-font-family:Calibri; mso-hansi-theme-font:minor-latin;} </style> <![endif]--></p> <p class="MsoNormal" style="margin-bottom: 0.0001pt; text-align: justify; line-height: 120%; vertical-align: middle;"> <i><span color:="" lucida="" style="line-height: 120%;"><img alt="" src="http://www.newbusinessage.com/ckfinder/userfiles/Images/img(2).jpg" style="width: 89px; height: 109px;" /></span></i></p> <p class="MsoNormal" style="margin-bottom: 0.0001pt; line-height: 120%; vertical-align: middle;"> <i><span color:="" lucida="" style="line-height: 120%;"><span style="color: rgb(255, 0, 0);">By Madan Lamsal</span></span></i></p> <p class="MsoNormal" style="margin-bottom: 0.0001pt; line-height: 120%; vertical-align: middle;"> <i><span color:="" lucida="" style="line-height: 120%;"><span style="color: rgb(255, 0, 0);"><br /> </span></span></i></p> <p class="MsoNormal" style="margin-bottom: 0.0001pt; text-indent: 14.15pt; line-height: 11pt; vertical-align: middle;"> <span style="font-size: 12px;"><span aldine401="" color:="">A</span><span aldine401="" color:="">nyone who tries to impose Nepal a controlled or a mixed economy is for sure to doom. It is because Nepal's economy is by nature and inherently free and freak, and will continue to be like that. <br /> <br /> </span></span></p> <p class="MsoNormal" style="margin-bottom: 0.0001pt; text-indent: 14.15pt; line-height: 11pt; vertical-align: middle;"> <span style="font-size: 12px;"><span aldine401="" color:="">Before 1991 Nepal was somehow closed and controlled economy. After that so called democratic parties said they were trying to make Nepal a 'free economy'. But the right word was 'economy-free' which meant a 'country without economic activities'. This 'economy-free' became highly successful, of course, by the support of people's war that brought a complete halt to the economic activities. By this token, the Maoists are the biggest free-market forces of the country. Now some of the parties, including the very free-market forces in the government, are campaigning to make a 'mixed economy'.<br /> <br /> </span></span></p> <p class="MsoNormal" style="margin-bottom: 0.0001pt; text-indent: 14.15pt; line-height: 11pt; vertical-align: middle;"> <span style="font-size: 12px;"><span aldine401="" color:="">This indeed is a great idea. Mixing is also our great national character. Mix your business with politics and end result is: businessmen become members of parliament and politicians soon become billionaires. Mix trade-unionism in politics, the unionists become political leaders and businesses vanish from the country. <br /> </span></span></p> <p class="MsoNormal" style="margin-bottom: 0.0001pt; text-indent: 14.15pt; line-height: 11pt; vertical-align: middle;"> <span style="font-size: 12px;"><span aldine401="" color:=""><br /> </span></span></p> <p class="MsoNormal" style="margin-bottom: 0.0001pt; text-indent: 14.15pt; line-height: 11pt; vertical-align: middle;"> <span style="font-size: 12px;"><span aldine401="" color:="">Every Nepali is enjoying the freedom to mix one economic activity with the other. For example, one can carry fake currencies around and carry extortion racket simultaneously. In fact these mixtures were possible only because we have immense economic freedom. This is how the free-economy actually fathers the mixed one. <br /> </span></span></p> <p class="MsoNormal" style="margin-bottom: 0.0001pt; text-indent: 14.15pt; line-height: 11pt; vertical-align: middle;"> </p> <p class="MsoNormal" style="margin-bottom: 0.0001pt; text-align: justify; text-indent: 14.15pt; line-height: 11pt; vertical-align: middle;"> <span style="font-size: 12px;"><span aldine401="" color:=""><img alt="" border="2" hspace="2" src="http://www.newbusinessage.com/ckfinder/userfiles/Images/No Laughing Matter.jpg" style="width: 263px; height: 190px;" vspace="2" /></span></span></p> <p class="MsoNormal" style="margin-bottom: 0.0001pt; text-indent: 14.15pt; line-height: 11pt; vertical-align: middle;"> </p> <p class="MsoNormal" style="margin-bottom: 0.0001pt; text-indent: 14.15pt; line-height: 11pt; vertical-align: middle;"> <br /> <span style="font-size: 12px;"><span aldine401="" color:="">If we analyze meticulously, in a broader sense, Nepal was a free economy even before 1990. Nepal started to allow freaks to visit Nepal in the 60s. Then she brought 'Jhiti Gunt' policy which allowed people to bring in everything from gold to clothes to Nepal without paying duty. There also was a duty-free shop opened at the Tribhuvan International Airport to facilitate people to enjoy this freedom.</span></span></p> <p class="MsoNormal" style="margin-bottom: 0.0001pt; text-indent: 14.15pt; line-height: 11pt; vertical-align: middle;"> <span style="font-size: 12px;"><span aldine401="" color:=""><br /> But two years ago this duty-free shop was closed down by the then Finance Minister Dr Baburam Bhattarai for quite good reason. He wanted to make TI airport 'free of duty' as well as'free of spirits' and '˜free of smoke' so that anybody coming from abroad can bring the liquors and cigarettes without paying duty at the airport. Therefore, now people buy such goods abroad and pay duty to the governments abroad. <br /> </span></span></p> <p class="MsoNormal" style="margin-bottom: 0.0001pt; text-indent: 14.15pt; line-height: 11pt; vertical-align: middle;"> <span style="font-size: 12px;"><span aldine401="" color:=""><br /> Anyway, slowly Nepal is entering such an era of free economy where everything can come free here from gold to goldfish and from birds to briefcases full of things you name them. We must keep everything under the sun free in the country. Entry for the Nepalis into casinos must be kept free so that they can be free of their burden of physical wealth and sometimes gamble their own lives away. Similarly, poachers must be left free to kill rhinos and other endangered species for money . <br /> </span></span></p> <p class="MsoNormal" style="margin-bottom: 0.0001pt; text-indent: 14.15pt; line-height: 11pt; vertical-align: middle;"> <span style="font-size:12px;"><span aldine401="" color:=""><br /> </span></span></p> <p class="MsoNormal"> <span style="font-size: 12px;"><span aldine401="" color:="" style="line-height: 115%;">These are only a few examples of economic freedoms that Nepali people are enjoying and also these are the testimonies that Nepal no way wants other than the free-market, be that controlled or mixed economic policies. They have faith only in freedom - free donation, free education, free money (payment without work), free prizes etc. We also have free students union and free labour unions. There are campaigns going on for women's freedom, freedom to the indigenous people and freedom of religion. The government does not try to control corruption. By controlling corruption you will be controlling a freedom. By the same logic, doesn't control inflation. Similarly, some people are enjoying full freedom to indulge in flesh trade. For all these reasons our economy is only best fitted to be called free economy. Nepal cannot have a controlled or mixed economy. Thus the advocates of these models of economies surely do not have a future. <br /> </span></span></p> <p class="MsoNormal"> </p> <p class="MsoNormal"> <span style="font-size:12px;"><span aldine401="" color:="" style="line-height: 115%;"><br /> </span></span></p>', 'published' => true, 'created' => '2011-04-26', 'modified' => '2012-09-16', 'keywords' => '', 'description' => 'Anyone who tries to impose Nepal a controlled or a mixed economy is for sure to doom. It is because Nepal's economy is by nature and inherently free and freak, and will continue to be like that.', 'sortorder' => '177', 'image' => null, 'article_date' => '0000-00-00 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => false, 'in_scroller' => false, 'user_id' => '0' ) ), (int) 2 => array( 'Article' => array( 'id' => '245', 'article_category_id' => '48', 'title' => 'One Million Tourists Guaranteed', 'sub_title' => '', 'summary' => null, 'content' => '<p> <em><img align="left" alt="nolaugningmatter" border="1" height="145" hspace="5" src="http://www.newbusinessage.com/ckfinder/userfiles/Images/img(1).jpg" style="width: 120px; height: 145px;margin:10px;padding:10px;" vspace="5" width="120" /><span style="color: rgb(178, 34, 34);">By Madan Lamsal</span></em></p> <p> Some people doubt on materialisation of the government plan of bringing one million tourists to Nepal in Tourism Year 2011. They regard the plan as a pipedream. But I say nobody be they the Americans, the Indians, the Marxists or the Maoists - can stop tourists in millions visiting Nepal. For example, the USA has, from time to time, been issuing travel advisories to its citizens not to visit Nepal by citing this or that risk. But the Americans have not stopped coming to Nepal. They used to come here as Peace Corps volunteers in the past, then they came as academics of the Summer Institute of Linguists and now as INGO and church workers. Till a few months ago, they were here as UNMIN officials.</p> <p>  It is interesting though that the USA has not yet removed the tag of terrorist from peace loving Nepali Maoists. However, it has not stopped some privileged Maoist leaders from visiting USA with hopefully genuine American visa. Therefore, the true intention of the US travel advisory is effectively not to advise the Americans not to visit Nepal. Rather, it is intended to remind the Americans that Nepal is one of the countries that the Americans are visiting and it would be worthwhile for other Americans to visit again and agian. This is somewhat similar to the case of 'No Smoking' sign reminding the smokers to light up.<br /> </p> <p> In fact the reason why foreigners come to Nepal is to see the ever smiling faces of the Nepalis. A survey conducted by Nepal Tourism Board has already confirmed this fact. Anyone in the world would be interested to see such unique creatures called Nepalis who can continuously smile regardless of looting by their own politicians and continuous booting by the foreigners. They do not protest, and carry on with their daily routine as usual.<br /> </p> <table style="border:0px solid rgb(204, 204, 204); padding: 5px; width: 47%; float: left; height: 181%;"> </table> <p> <img align="textTop" alt="nolaughingmatter" border="1" height="405" hspace="5" src="http://www.newbusinessage.com/ckfinder/userfiles/Images/nty(1).jpg" style="width: 433px; height: 405px; margin: 10px; padding: 10px;" vspace="5" width="433" /><br /> <br /> But that is not all. Nepal has other unique attractions too. If an ordinary citizen violates the law, he or she will be immediately punished. If a businessman fails to pay bank loan his property will be confiscated and passport suspended. But political parties and their cadres are above all these laws. They are free to roam even when they kill the person they don't like. The murderer politician can even become a Member of Parliament and a minister. The politicians who got elected to the Constituent Assembly promising to prepare the constitution within a specified time failed in the promise. Still they don't have to face any punishment. The Nepali people don't like to punish them and smilingly pay the taxes to pay salary and perks to such politicians. Where else will the foreigners get to see such people in the world?<br /> </p> <p> To add tourist attraction, we have now introduced the Home Stay system, which our tourism industry stalwarts say is a really miraculous solution so as to accommodate any number of tourists coming to Nepal. Even if they are wrong, there is a strong numerical proof to be convinced that Nepal can easily get and accommodate not only 1 million but 10 million tourists.<br /> </p> <p> If by any reason, the Americans, Europeans, Australians, Indians and Chinese don't come to Nepal, we still can play the trump card we have. That is we can recall all the Nepalis who have gone abroad for work. If only one fraction of those heed our call, their number will be enough to fulfil the magic number of 1 million!</p> <table style="margin:10px; padding:10px; border:0px solid rgb(204, 204, 204); padding: 5px; width:500px; float: right;"> </table> <p> </p> <p> </p> <p> </p>', 'published' => true, 'created' => '2011-03-20', 'modified' => '2012-09-16', 'keywords' => '', 'description' => 'Some people doubt on materialisation of the government plan of bringing one million tourists to Nepal in Tourism Year 2011. 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gte mso 10]> <style> /* Style Definitions */ table.MsoNormalTable {mso-style-name:"Table Normal"; mso-tstyle-rowband-size:0; mso-tstyle-colband-size:0; mso-style-noshow:yes; mso-style-priority:99; mso-style-qformat:yes; mso-style-parent:""; mso-padding-alt:0in 5.4pt 0in 5.4pt; mso-para-margin-top:0in; mso-para-margin-right:0in; mso-para-margin-bottom:10.0pt; mso-para-margin-left:0in; line-height:115%; mso-pagination:widow-orphan; font-size:11.0pt; font-family:"Calibri","sans-serif"; mso-ascii-font-family:Calibri; mso-ascii-theme-font:minor-latin; mso-fareast-font-family:"Times New Roman"; mso-fareast-theme-font:minor-fareast; mso-hansi-font-family:Calibri; mso-hansi-theme-font:minor-latin;} </style> <![endif]--></p> <p class="MsoNormal"> <span style="font-size:12px;"><i><span color:="" lucida="" style="line-height: 120%;"><img alt="" border="4" hspace="3" src="http://www.newbusinessage.com/ckfinder/userfiles/Images/no.jpg" style="width: 129px; height: 155px;" vspace="2" /></span></i></span></p> <p class="MsoNormal"> <span style="font-size: 12px;"><i><span color:="" lucida="" style="line-height: 120%;">By Madan Lamsal</span></i></span></p> <p class="MsoNormal"> </p> <p class="MsoNormal"> <span style="line-height: 115%;"><br /> </span></p> <p class="BODYTEXT" style="text-indent: 0in;"> <span style="font-size: 12px;"><span class="MyriadPro"><b><span aldine401="">T</span></b></span><span class="MyriadPro"><span aldine401="">hese days, there is a lot of news about revenue officers running behind some prominent Nepali business people. The charge on the poor business people was simple: they produced some fake VAT bills. This was indeed an unbelievable revelation as Nepali businesses selectively employ many Chartered Accountants, lawyers, tax experts and also, former bureaucrats. Why were all these trained hands supporting the private businesses not able to protect the firms from the clutches of the tax officers ? <br /> </span></span></span></p> <p class="BODYTEXT" style="text-indent: 0in;"> </p> <p class="BODYTEXT"> <span style="font-size: 12px;"><span class="MyriadPro"><span aldine401="">Economists sometimes argue that tax officers, tax accountants and tax lawyers don't perform any kind of productive function for the economy. But these economists are wrong in absolute terms. Let's first take the case of tax officers; they are highly productive. Look at the multi-million rupees bungalow of a revenue clerk at the heart of Kathmandu, who indeed had descended empty-handed from the high hills just a few years ago. And, gauge the pace of his productivity -- out of ten thousand rupees salary a month, he could multiple his income at least twenty fold to become so rich in no time. <br /> </span></span></span></p> <p class="BODYTEXT"> <span style="font-size:12px;"><span class="MyriadPro"><span aldine401=""><br /> </span></span></span></p> <p class="BODYTEXT"> <span style="font-size: 12px;"><span class="MyriadPro"><span aldine401="">Looking at the present determination exuded by some of the bureaucrats in tax administration, sworn to take action with tax evaders, one may find it hard to believe that these public servants work hand-in-glove with the private firms. But the recent episode of vowed action is true exception and is sure to evaporate in a couple of <br /> </span></span></span></p> <p class="BODYTEXT"> <span style="font-size:12px;"><span class="MyriadPro"><span aldine401=""><br /> </span></span></span></p> <p class="BODYTEXT" style="text-align: justify;"> <span style="font-size:12px;"><span class="MyriadPro"><span aldine401=""><img alt="" border="4" hspace="3" src="http://www.newbusinessage.com/ckfinder/userfiles/Images/img.jpg" style="width: 358px; height: 254px;" vspace="3" /></span></span></span></p> <p class="BODYTEXT"> <span style="font-size: 12px;"><span class="MyriadPro"><span aldine401="">months, if not days, without anything tangible. But the norm is: bureaucrats help the businesses to increase the profitability, and in turn, businesses reciprocate to enhance the productivity. <br /> </span></span></span></p> <p class="BODYTEXT"> <span style="font-size:12px;"><span class="MyriadPro"><span aldine401=""><br /> </span></span></span></p> <p class="BODYTEXT"> <span style="font-size: 12px;"><span class="MyriadPro"><span aldine401="">What could be the better productivity of CAs or tax accountants than helping their client save the tax money? They may call it tax planning, tax saving or tax avoiding, but in effect they help save money. Who on earth can say that saving is not being productive? It is a public knowledge that the best skill of an accountant lies in maintaining the balance in balance sheets. The more the cash balance, the merrier the client. This process, rather than an isolated incidence, duly recognizes the productive ability of CA and consolidates the productivity potential of the saver. <br /> </span></span></span></p> <p class="BODYTEXT"> <span style="font-size:12px;"><span class="MyriadPro"><span aldine401=""><br /> </span></span></span></p> <p class="BODYTEXT"> <span style="font-size: 12px;"><span class="MyriadPro"><span aldine401="">Because, not paying tax is also being highly productive. Even if you do, the amount is sure to go to the pockets of some politicians who sit in Singhadurbar or Baneswore who just eat-up time quarrelling for a chair, instead of being productive. Instead. look at how our business people could be productive out of saved money by not paying taxes. They could set up industries and production units. They can use it for their marriages, perhaps more than one, and increase their productivity. Even their luxury trips help promote value tourism that may include a number of heavenly pleasures, which in essence has to be reproduced or replenished by the tourism industry. <br /> </span></span></span></p> <p class="BODYTEXT"> <span style="font-size:12px;"><span class="MyriadPro"><span aldine401=""><br /> </span></span></span></p> <p class="BODYTEXT"> <span style="font-size: 12px;"><span class="MyriadPro"><span aldine401="">The tax lawyers are even more productive. These are the people who can swing the double-edged swords. They can produce the documents that are helpful for the businesses to evade the taxes at the first place and defend even indefensible if caught by the authorities. Simultaneously, they may be able to provide information to different departments or organizations like Inland Revenue Department, Flying Squad, CIAA, Revenue Tribunal etc, at least for 15 per cent legal commission.</span></span></span></p> <p class="BODYTEXT"> <span style="font-size:12px;"><span class="MyriadPro"><span aldine401=""><br /> </span></span></span></p> <p class="MsoNormal"> <span style="font-size: 12px;"><span class="MyriadPro"><span aldine401="" letter-spacing:="">All these analogies must be enough to firmly establish that not to pay tax is being more productive than paying it. Then why not abolish the tax system altogether ? <br /> </span></span></span></p> <p class="MsoNormal"> </p> <p class="MsoNormal"> <span style="font-size:12px;"><span class="MyriadPro"><span aldine401="" letter-spacing:=""><br /> </span></span></span></p>', 'published' => true, 'created' => '2011-02-09', 'modified' => '2012-09-16', 'keywords' => '', 'description' => 'These days, there is a lot of news about revenue officers running behind some prominent Nepali business people. The charge on the poor business people was simple: they produced some fake VAT bills. This', 'sortorder' => '145', 'image' => null, 'article_date' => '0000-00-00 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => false, 'in_scroller' => false, 'user_id' => '0' ) ), (int) 4 => array( 'Article' => array( 'id' => '202', 'article_category_id' => '48', 'title' => 'Where Is CEO Charisma ?', 'sub_title' => '', 'summary' => null, 'content' => '<p class="MsoNormal" style="text-align: justify;"> <span style="font-size:12px;"><i><span bright="" lucida="" serif="" style="line-height: 115%;"><a href="http://www.newbusinessage.com/ckfinder/userfiles/Images/small.jpg" target="_blank"><img align="left" alt="nolaughingmatter" border="1" height="143" hspace="5" src="http://www.newbusinessage.com/ckfinder/userfiles/Images/small.jpg" style="width: 105px; height: 143px;margin:10px;padding:10px;" vspace="5" width="105" /></a></span></i></span></p> <p class="MsoNormal" style="margin-bottom: 0.0001pt; text-align: justify; line-height: normal;"> <span style="font-size: 12px;"><i><span bright="" lucida="" serif="" style="line-height: 115%;"> </span></i><span color:="" franklingothic-heavy="" sans-serif="">T</span><span aldine401bt-romana="" color:="" serif="">he very recent hot topic for news in our media has been the pay of CEOs in bank and financial institutions. No sooner the central bank issued a notice called directive, the wowed aspects of their pay spilled to the public gaze. CEOs started to cry a foul by the central bank in the D area of their respective bank boards. NRB people tried to defend their move claiming nothing less than ˜this directive will not have any effect to the pay CEOs are now enjoying. But this neither stopped the media hype nor did the crying pitch of CEOs reduce. <br /> </span></span></p> <p class="MsoNormal" style="margin-bottom: 0.0001pt; text-align: justify; line-height: normal;"> <span style="font-size:12px;"><span aldine401bt-romana="" color:="" serif=""><br /> </span></span></p> <p class="MsoNormal" style="margin-bottom: 0.0001pt; text-align: justify; line-height: normal;"> <span style="font-size: 12px;"><span aldine401bt-romana="" color:="" serif="">You may wonder what is so big deal about it? Why is everyone from the governor of Nepal Rastra Bank and the government secretaries to the media after the CEO's salary? Are CEOs really overpaid? For that matter, are the rank-and-file workers underpaid? <br /> </span></span></p> <p class="MsoNormal" style="margin-bottom: 0.0001pt; text-align: justify; line-height: normal;"> <span style="font-size:12px;"><span aldine401bt-romana="" color:="" serif=""><br /> </span></span></p> <p class="MsoNormal" style="margin-bottom: 0.0001pt; text-align: justify; line-height: normal;"> <span style="font-size: 12px;"><span aldine401bt-romana="" color:="" serif="">Only in a cursory look, one may find that it is not the question of CEOs getting less or more but the fact of the matter is : these CEOs are simply uncharismatic and don't know how to buy great things with small pay. Lack of this quality in them raises larger question of would these people at the helm help the institution earn more by spending less. <br /> </span></span></p> <p class="MsoNormal" style="margin-bottom: 0.0001pt; text-align: justify; line-height: normal;"> <span style="font-size:12px;"><span aldine401bt-romana="" color:="" serif=""><br /> </span></span></p> <p class="MsoNormal" style="margin-bottom: 0.0001pt; text-align: justify; line-height: normal;"> <span style="font-size: 12px;"><span aldine401bt-romana="" color:="" serif=""><a href="http://www.newbusinessage.com/ckfinder/userfiles/Images/no laughin.jpg" target="_self"><img align="left" alt="nolaughingmatter" border="1" height="198" hspace="5" src="http://www.newbusinessage.com/ckfinder/userfiles/Images/no laughin.jpg" style="width: 217px; height: 198px;margin:10px;padding:10px;" vspace="5" width="217" /></a>Take an example of a government section officer or an undersecretary; he might hardly draw more than Rs. fifteen thousand a month. But in five years, he will have at least a new house in Kathmandu, a four wheeler and a wife who wears ornaments of a few hundred thousand, if not millions, rupees.</span></span></p> <p class="MsoNormal" style="margin-bottom: 0.0001pt; text-align: justify; line-height: normal;"> <span style="font-size:12px;"><span aldine401bt-romana="" color:="" serif=""><br /> </span></span></p> <p class="MsoNormal" style="margin-bottom: 0.0001pt; text-align: justify; line-height: normal;"> <span style="font-size: 12px;"><span aldine401bt-romana="" color:="" serif="">And, the most important thing is, he never complaints about the salary, and the government unlike the Rastra Bank does not send out a memo to reduce his pay. Why can't these folks called CEOs have that sort of creative acumen to manage things like that on their own? They surely lack ability to manage and choose to beg at least not to cut what they get. <br /> </span></span></p> <p class="MsoNormal" style="margin-bottom: 0.0001pt; text-align: justify; line-height: normal;"> <span style="font-size:12px;"><span aldine401bt-romana="" color:="" serif=""><br /> </span></span></p> <p class="MsoNormal" style="margin-bottom: 0.0001pt; text-align: justify; line-height: normal;"> <span style="font-size: 12px;"><span aldine401bt-romana="" color:="" serif="">By now it is evident that our CEOs are unable to pull and pool the recourses. Even worse, they don't learn from the big people. Look at how our supply minister manages his supply of petrol free of cost from the Oil Corporation. And how unremorsefully the chief of the Corporation, who is also the CEO of another breed, helps meet the end of his patron is more of a lesson. Having seen so many deficiencies in them, it is hard to believe that most CEOs in Nepal's BF's are intelligent, have advanced degrees often from one of the top universities in the world and work some sixty or more hours a week. <br /> </span></span></p> <p class="MsoNormal" style="margin-bottom: 0.0001pt; text-align: justify; line-height: normal;"> <span style="font-size:12px;"><span aldine401bt-romana="" color:="" serif=""><br /> </span></span></p> <p class="MsoNormal" style="margin-bottom: 0.0001pt; text-align: justify; line-height: normal;"> <span style="font-size: 12px;"><span aldine401bt-romana="" color:="" serif="">Therefore, to convince at least to their hawkish supervisor called Ratra Bank that they are deserving enough to draw a handsome salary and perks, these CEOs must mend their ways that suits the indigenous soil. They must stop demanding this and that facility or mercy from the Rastra Bank. Instead, they can learn from the supervisors there. Drawing salary purse from the office, many NRB supervisors spend their day dealing with personal business of bonds or share trade or reaches to the political mentor of the choice. Effectively, s/he would earn in a day what a CEO earns in a month. Isnt it something to be inspired about ? <br /> </span></span></p> <p class="MsoNormal" style="margin-bottom: 0.0001pt; text-align: justify; line-height: normal;"> <span style="font-size: 12px;"><span aldine401bt-romana="" color:="" serif=""><br /> </span></span></p> <p class="MsoNormal" style="margin-bottom: 0.0001pt; text-align: justify; line-height: normal;"> </p> <p class="MsoNormal" style="margin-bottom: 0.0001pt; text-align: justify; line-height: normal;"> <span style="font-size:12px;"><span aldine401bt-romana="" color:="" serif=""><br /> </span></span></p>', 'published' => true, 'created' => '2011-01-16', 'modified' => '2012-09-16', 'keywords' => '', 'description' => 'The very recent hot topic for news in our media has been the pay of CEOs in bank and financial institutions. No sooner the central bank issued a notice called directive, the wowed aspects of their pay spilled to the public gaze. CEOs started to cry a foul by the central bank in the D area', 'sortorder' => '140', 'image' => null, 'article_date' => '0000-00-00 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => false, 'in_scroller' => false, 'user_id' => '0' ) ), (int) 5 => array( 'Article' => array( 'id' => '200', 'article_category_id' => '48', 'title' => 'Population, Electricity & TV', 'sub_title' => '', 'summary' => null, 'content' => '<p> <style type="text/css"> <!--{cke_protected}%3C!%2D%2D%7Bcke_protected%7D%253C!%252D%252D%257Bcke_protected%257D%25253C!%25252D%25252D%25257Bcke_protected%25257D%2525253C!%2525252D%2525252D%2525257Bcke_protected%2525257D%252525253C!%252525252D%252525252D%252525257Bcke_protected%252525257D%25252525253C!%25252525252D%25252525252D%25252525257Bcke_protected%25252525257D%2525252525253C!%2525252525252D%2525252525252D%2525252525257Bcke_protected%2525252525257D%252525252525253C!%252525252525252D%252525252525252D%252525252525257Bcke_protected%252525252525257D%25252525252525253C!%25252525252525252D%25252525252525252D%25252525252525257Bcke_protected%25252525252525257D%2525252525252525253C!%2525252525252525252D%2525252525252525252D%2525252525252525257Bcke_protected%2525252525252525257D%252525252525252525253C!%252525252525252525252D%252525252525252525252D%252525252525252525257Bcke_protected%252525252525252525257D%25252525252525252525253C!%25252525252525252525252D%25252525252525252525252D%25252525252525252525257Bcke_protected%25252525252525252525257D%2525252525252525252525253C!%2525252525252525252525252D%2525252525252525252525252D%2525252525252525252525257Bcke_protected%2525252525252525252525257D%252525252525252525252525253C!%252525252525252525252525252D%252525252525252525252525252D%252525252525252525252525257Bcke_protected%252525252525252525252525257D%25252525252525252525252525253C!%25252525252525252525252525252D%25252525252525252525252525252D%25252525252525252525252525257Bcke_protected%25252525252525252525252525257D%2525252525252525252525252525253C!%2525252525252525252525252525252D%2525252525252525252525252525252D%2525252525252525252525252525250A.style1%25252525252525252525252525252520%2525252525252525252525252525257B%2525252525252525252525252525250A%25252525252525252525252525252509font-size%2525252525252525252525252525253A%2525252525252525252525252525252012px%2525252525252525252525252525253B%2525252525252525252525252525250A%25252525252525252525252525252509font-weight%2525252525252525252525252525253A%25252525252525252525252525252520bold%2525252525252525252525252525253B%2525252525252525252525252525250A%2525252525252525252525252525257D%2525252525252525252525252525250A%2525252525252525252525252525252D%2525252525252525252525252525252D%2525252525252525252525252525253E%25252525252525252525252525252D%25252525252525252525252525252D%25252525252525252525252525253E%252525252525252525252525252D%252525252525252525252525252D%252525252525252525252525253E%2525252525252525252525252D%2525252525252525252525252D%2525252525252525252525253E%25252525252525252525252D%25252525252525252525252D%25252525252525252525253E%252525252525252525252D%252525252525252525252D%252525252525252525253E%2525252525252525252D%2525252525252525252D%2525252525252525253E%25252525252525252D%25252525252525252D%25252525252525253E%252525252525252D%252525252525252D%252525252525253E%2525252525252D%2525252525252D%2525252525253E%25252525252D%25252525252D%25252525253E%252525252D%252525252D%252525253E%2525252D%2525252D%2525253E%25252D%25252D%25253E%252D%252D%253E%2D%2D%3E--> </style></p> <div style="width: 595px;"> <div style="border: 1px solid rgb(204, 204, 204); padding: 5px; width: 47%; float: left;"> <div align="justify"> Try to remember the good old days when Nepal's population was only 15 million. In fact many have started doing that with relish.<br /> <br /> Yes, people have really started becoming nostalgic. For example, they remember the days when they could go and get relieved of the nature's call in the clean open air. And there was no fear of being kidnapped. The security level was so high. Though some high level feudal and royals may come cruising towards you on their imported cars and jeeps and run you over, the days and nights in those days were still so nice.<br /> <br /> The current days are bad because of only one reason the population growth.<br /> <br /> <br /> Nepal's population must have reached 30 million by now. To confirm it we will have to wait a couple of years as the official census is planned for the next year only. However, there is another way to check how fast the Nepali population is growing. For example, a baby, who was born while Makune was signing his resignation letter as the prime minister four or five months ago (depending upon when you are reading this page), is now older than about a million compatriots. That is how the number of Nepalis is growing. You don't have to be a biologist to realize that Nepalis could teach rabbits a lesson or two.<br /> <br /> The result is that, some people say if the ongoing trend continues, Nepal will soon overtake India and China in terms of population. Think what would happen if Nepal really overtook China and India. Both of these neighbours of ours are now developing so fast on the strength of both being the two largest populated countries on earth. If Nepal snatches that distinction from these giants, would not they really be angry and do something bad to Nepal? <br /> <br /> <br /> Or perhaps they will show what is known the world over as the Chinese or India ingenuity. You can just imagine how competitive the Indian and Chinese will be. As soon as Nepal gets within a million of India's or China's population, the Indian and Chinese governments will start a National month of baby-production campaign.Or they will introduce schemes like anyone who produces triplets gets a</div> </div> <div style="border: 1px solid rgb(204, 204, 204); padding: 5px; width: 47%; float: right;"> <div align="justify"> <img alt="" src="http://www.newbusinessage.com/ckfinder/userfiles/Images/bonus(1).jpg" style="margin: 0pt; padding: 0pt;" /><br /> <br /> free car or something like that.<br /> <br /> Both of these countries are teeming with the creative people for coining aggressive campaign slogans.<br /> <br /> And the analyses provided by some people is really smart. They say the power outage (known as loadshedding in Nepal) is to blame for the latest population boom. That is quite understandable. Had there been electricity, the Nepali couples would have watched TV and avoided the baby boom. Therefore, these people say that Nepal must produce more electricity and more TV channels to reduce the bed time, read, to cut the population growth rate. <br /> <br /> We all know about the progress in these two fronts. We are making a good progress in TV channels by leaps and bounds, so to say. But we are doing pretty badly in electricity. <br /> <br /> But wait a while. Perhaps there are still better solutions to this problem. What about the followings: <br /> <br /> <div style="padding: 0pt 0pt 0pt 10px;"> * Offer people in foreign countries a bonus of <br /> Rs.10 thousand for every Nepali child they <br /> adopt and increase the bonus to Rs. 100,000 if <br /> they adopt an adult.<br /> </div> <div style="padding: 0pt 0pt 0pt 10px;"> * Train more Nepali to speak English and put<br /> them on the next flight to Gulf, Malaysia or Korea <br /> or on a train to Mumbai so that they get HIV and <br /> don't return.<br /> </div> <div style="padding: 0pt 0pt 0pt 10px;"> * Find Nepalis who want to sell one of their<br /> kidneys f or organ transplants in India. Try to<br /> convince them to sell both.</div> </div> </div> <div style="clear: both;"> </div> </div>', 'published' => true, 'created' => '2010-12-29', 'modified' => '2012-09-16', 'keywords' => '', 'description' => 'Try to remember the good old days when Nepal's population was only 15 million. In fact many have started doing that with relish.', 'sortorder' => '138', 'image' => null, 'article_date' => '0000-00-00 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => false, 'in_scroller' => false, 'user_id' => '0' ) ) ) $current_user = null $logged_in = false $xml = falsesimplexml_load_file - [internal], line ?? include - APP/View/Elements/side_bar.ctp, line 133 View::_evaluate() - CORE/Cake/View/View.php, line 971 View::_render() - CORE/Cake/View/View.php, line 933 View::_renderElement() - CORE/Cake/View/View.php, line 1224 View::element() - CORE/Cake/View/View.php, line 418 include - APP/View/Articles/index.ctp, line 157 View::_evaluate() - CORE/Cake/View/View.php, line 971 View::_render() - CORE/Cake/View/View.php, line 933 View::render() - CORE/Cake/View/View.php, line 473 Controller::render() - CORE/Cake/Controller/Controller.php, line 968 Dispatcher::_invoke() - CORE/Cake/Routing/Dispatcher.php, line 200 Dispatcher::dispatch() - CORE/Cake/Routing/Dispatcher.php, line 167 [main] - APP/webroot/index.php, line 117
Currency | Unit |
Buy | Sell |
U.S. Dollar | 1 | 121.23 | 121.83 |
European Euro | 1 | 131.65 | 132.31 |
UK Pound Sterling | 1 | 142.47 | 143.18 |
Swiss Franc | 1 | 124.29 | 124.90 |
Australian Dollar | 1 | 71.69 | 72.05 |
Canadian Dollar | 1 | 83.90 | 84.32 |
Japanese Yen | 10 | 10.94 | 11.00 |
Chinese Yuan | 1 | 17.17 | 17.26 |
Saudi Arabian Riyal | 1 | 32.27 | 32.43 |
UAE Dirham | 1 | 33.01 | 33.17 |
Malaysian Ringgit | 1 | 27.36 | 27.50 |
South Korean Won | 100 | 9.77 | 9.82 |
Update: 2020-03-25 | Source: Nepal Rastra Bank (NRB)
Fine Gold | 1 tola | 77000.00 |
Tejabi Gold | 1 tola | 76700.00 |
Silver | 1 tola | 720.00 |
Update : 2020-03-25
Source: Federation of Nepal Gold and Silver Dealers' Association
Petrol | 1 Liter | 106.00 |
Diesel | 1 Liter | 95.00 |
Kerosene | 1 Liter | 95.00 |
LP Gas | 1 Cylinder | 1375.00 |
Update : 2020-03-25