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The customs duty rate on clinker import hiked by the budget for the current fiscal year has disappointed cement producers. Majority of them have objected to the move. The customs duty levied on clinker import was increased to Rs 2, 200 from Rs 1,800 per tonne.</div>
<div style="text-align: justify;">
 </div>
<div style="text-align: justify;">
Dhruba Raj Basnet, Vice President of Nepal Cement Producers’ Association said that majority of the industries are dependent on imported clinker as clinker produced in Nepal is not enough to meet the demand. “Government’s move to protect a handful of industries puts more than 30 industries at risk,†he said.</div>
<div style="text-align: justify;">
 </div>
<div style="text-align: justify;">
Nepal needs around 3 million metric tonnes of cement annually. Domestic production can meet only 20 per cent of that demand. Most of the industries are dependent on clinker imported from India. Though nine industries are producing clinker on their own, 1.2 million tonnes of clinker is imported to meet the local demand.</div>
<div style="text-align: justify;">
 </div>
<div style="text-align: justify;">
However, newly-established half a dozen industries are planning to produce clinker on their own. After they begin operation, internal demand is expected to be met by domestic production itself. But the operation is expected to begin no sooner than six months.</div>
<div style="text-align: justify;">
 </div>
<div style="text-align: justify;">
Cement producers are arguing that they must be given some options until local production of clinkers starts to match the demand.</div>
<div style="text-align: justify;">
 </div>
<h3 style="color: blue;">
Diamond Gallery Established</h3>
<div style="text-align: justify;">
Diamond Gallery, a showroom for diamond jewelleries, has been established at New Road, Kathmandu. Sunit Agrawal, Director of the showroom, said the opening of the new diamond jewellery story will add excitement to the diamond business in the country.</div>
<div style="text-align: justify;">
 </div>
<div style="text-align: justify;">
The jewelleries of Diamond Gallery will be available under the brand name Creation. The new showroom boasts trendy designs in diamond jewelleries. The gallery claims that it will offer guarantee on its diamond and gold jewelleries.</div>
<div style="text-align: justify;">
 </div>
<h3 style="color: blue;">
Club Siddhartha Launched</h3>
<div style="text-align: justify;">
Siddhartha Bank Limited has launched ‘Club Siddhartha’, a special programme for account holders of the bank. Clients can subscribe to the service by paying Rs 1,000. The members of the club will be given Club Siddhartha Visa Domestic Card, International Travel Card, and recharge card worth Rs 200 of NTC or Ncell. The bank claimed the service to be the first of its kind in the history of Nepali banking.</div>
<div style="text-align: justify;">
 </div>
<div style="text-align: justify;">
Members of the club can also receive all the services offered by the bank. If a club member can make five new members, their membership fee of Rs 1,000 will be returned. Similarly, club members will be given free accident insurance of Rs 5,000. Memberships can be taken from any of the 40 branches of the bank.</div>
<div style="text-align: justify;">
 </div>
<h3 style="color: blue;">
Five Railway Lines with Indian Assistance</h3>
<div style="text-align: justify;">
The Indian government has decided to construct five railway lines that will connect Nepal and India across the border. Together, these railway lines will be of 183 kilometres (KM). Kamal Raj Paudel, joint-secretary at the Ministry of Physical Planning and Construction said that the necessary preliminary work for the construction of the railway lines has been completed. “In the first phase, the railway will be operated in two regions. For this, we have already acquired land,†he said.</div>
<div style="text-align: justify;">
 </div>
<div style="text-align: justify;">
According to an agreement with India, Nepal will bear only the cost of land acquisition. The cost of railway track, slipper and all other costs will be borne by the Indian government. However, the cost of construction of five railway lines is not yet decided.</div>
<div style="text-align: justify;">
 </div>
<div style="text-align: justify;">
In the first phase, Jaynagar-Bardibas (86 KM) and Jogbani-Biratnagar (17.65 KM) will be constructed. In these two sections, the government has to pay Rs 800 million as compensation to the land owners. Paudel said that the construction would begin right after the Nepal government pays the sum for land acquisition.</div>
<div style="text-align: justify;">
 </div>
<div style="text-align: justify;">
Acharya revealed that Indian Railway Construction Association will develop all the five railway projects. Similarly, Janakpur -Jaynagar (29 KM) railway will be made broad gauge from current narrow gauge. An agreement was made when President Ram Baran Yadav visited India some time back.</div>',
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The customs duty rate on clinker import hiked by the budget for the current fiscal year has disappointed cement producers. Majority of them have objected to the move. The customs duty levied on clinker import was increased to Rs 2, 200 from Rs 1,800 per tonne.</div>
<div style="text-align: justify;">
 </div>
<div style="text-align: justify;">
Dhruba Raj Basnet, Vice President of Nepal Cement Producers’ Association said that majority of the industries are dependent on imported clinker as clinker produced in Nepal is not enough to meet the demand. “Government’s move to protect a handful of industries puts more than 30 industries at risk,†he said.</div>
<div style="text-align: justify;">
 </div>
<div style="text-align: justify;">
Nepal needs around 3 million metric tonnes of cement annually. Domestic production can meet only 20 per cent of that demand. Most of the industries are dependent on clinker imported from India. Though nine industries are producing clinker on their own, 1.2 million tonnes of clinker is imported to meet the local demand.</div>
<div style="text-align: justify;">
 </div>
<div style="text-align: justify;">
However, newly-established half a dozen industries are planning to produce clinker on their own. After they begin operation, internal demand is expected to be met by domestic production itself. But the operation is expected to begin no sooner than six months.</div>
<div style="text-align: justify;">
 </div>
<div style="text-align: justify;">
Cement producers are arguing that they must be given some options until local production of clinkers starts to match the demand.</div>
<div style="text-align: justify;">
 </div>
<h3 style="color: blue;">
Diamond Gallery Established</h3>
<div style="text-align: justify;">
Diamond Gallery, a showroom for diamond jewelleries, has been established at New Road, Kathmandu. Sunit Agrawal, Director of the showroom, said the opening of the new diamond jewellery story will add excitement to the diamond business in the country.</div>
<div style="text-align: justify;">
 </div>
<div style="text-align: justify;">
The jewelleries of Diamond Gallery will be available under the brand name Creation. The new showroom boasts trendy designs in diamond jewelleries. The gallery claims that it will offer guarantee on its diamond and gold jewelleries.</div>
<div style="text-align: justify;">
 </div>
<h3 style="color: blue;">
Club Siddhartha Launched</h3>
<div style="text-align: justify;">
Siddhartha Bank Limited has launched ‘Club Siddhartha’, a special programme for account holders of the bank. Clients can subscribe to the service by paying Rs 1,000. The members of the club will be given Club Siddhartha Visa Domestic Card, International Travel Card, and recharge card worth Rs 200 of NTC or Ncell. The bank claimed the service to be the first of its kind in the history of Nepali banking.</div>
<div style="text-align: justify;">
 </div>
<div style="text-align: justify;">
Members of the club can also receive all the services offered by the bank. If a club member can make five new members, their membership fee of Rs 1,000 will be returned. Similarly, club members will be given free accident insurance of Rs 5,000. Memberships can be taken from any of the 40 branches of the bank.</div>
<div style="text-align: justify;">
 </div>
<h3 style="color: blue;">
Five Railway Lines with Indian Assistance</h3>
<div style="text-align: justify;">
The Indian government has decided to construct five railway lines that will connect Nepal and India across the border. Together, these railway lines will be of 183 kilometres (KM). Kamal Raj Paudel, joint-secretary at the Ministry of Physical Planning and Construction said that the necessary preliminary work for the construction of the railway lines has been completed. “In the first phase, the railway will be operated in two regions. For this, we have already acquired land,†he said.</div>
<div style="text-align: justify;">
 </div>
<div style="text-align: justify;">
According to an agreement with India, Nepal will bear only the cost of land acquisition. The cost of railway track, slipper and all other costs will be borne by the Indian government. However, the cost of construction of five railway lines is not yet decided.</div>
<div style="text-align: justify;">
 </div>
<div style="text-align: justify;">
In the first phase, Jaynagar-Bardibas (86 KM) and Jogbani-Biratnagar (17.65 KM) will be constructed. In these two sections, the government has to pay Rs 800 million as compensation to the land owners. Paudel said that the construction would begin right after the Nepal government pays the sum for land acquisition.</div>
<div style="text-align: justify;">
 </div>
<div style="text-align: justify;">
Acharya revealed that Indian Railway Construction Association will develop all the five railway projects. Similarly, Janakpur -Jaynagar (29 KM) railway will be made broad gauge from current narrow gauge. An agreement was made when President Ram Baran Yadav visited India some time back.</div>',
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'title' => 'Cement Producers Whine Over Customs Hike (september 2011)',
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'content' => '<div style="text-align: justify;">
The customs duty rate on clinker import hiked by the budget for the current fiscal year has disappointed cement producers. Majority of them have objected to the move. The customs duty levied on clinker import was increased to Rs 2, 200 from Rs 1,800 per tonne.</div>
<div style="text-align: justify;">
 </div>
<div style="text-align: justify;">
Dhruba Raj Basnet, Vice President of Nepal Cement Producers’ Association said that majority of the industries are dependent on imported clinker as clinker produced in Nepal is not enough to meet the demand. “Government’s move to protect a handful of industries puts more than 30 industries at risk,†he said.</div>
<div style="text-align: justify;">
 </div>
<div style="text-align: justify;">
Nepal needs around 3 million metric tonnes of cement annually. Domestic production can meet only 20 per cent of that demand. Most of the industries are dependent on clinker imported from India. Though nine industries are producing clinker on their own, 1.2 million tonnes of clinker is imported to meet the local demand.</div>
<div style="text-align: justify;">
 </div>
<div style="text-align: justify;">
However, newly-established half a dozen industries are planning to produce clinker on their own. After they begin operation, internal demand is expected to be met by domestic production itself. But the operation is expected to begin no sooner than six months.</div>
<div style="text-align: justify;">
 </div>
<div style="text-align: justify;">
Cement producers are arguing that they must be given some options until local production of clinkers starts to match the demand.</div>
<div style="text-align: justify;">
 </div>
<h3 style="color: blue;">
Diamond Gallery Established</h3>
<div style="text-align: justify;">
Diamond Gallery, a showroom for diamond jewelleries, has been established at New Road, Kathmandu. Sunit Agrawal, Director of the showroom, said the opening of the new diamond jewellery story will add excitement to the diamond business in the country.</div>
<div style="text-align: justify;">
 </div>
<div style="text-align: justify;">
The jewelleries of Diamond Gallery will be available under the brand name Creation. The new showroom boasts trendy designs in diamond jewelleries. The gallery claims that it will offer guarantee on its diamond and gold jewelleries.</div>
<div style="text-align: justify;">
 </div>
<h3 style="color: blue;">
Club Siddhartha Launched</h3>
<div style="text-align: justify;">
Siddhartha Bank Limited has launched ‘Club Siddhartha’, a special programme for account holders of the bank. Clients can subscribe to the service by paying Rs 1,000. The members of the club will be given Club Siddhartha Visa Domestic Card, International Travel Card, and recharge card worth Rs 200 of NTC or Ncell. The bank claimed the service to be the first of its kind in the history of Nepali banking.</div>
<div style="text-align: justify;">
 </div>
<div style="text-align: justify;">
Members of the club can also receive all the services offered by the bank. If a club member can make five new members, their membership fee of Rs 1,000 will be returned. Similarly, club members will be given free accident insurance of Rs 5,000. Memberships can be taken from any of the 40 branches of the bank.</div>
<div style="text-align: justify;">
 </div>
<h3 style="color: blue;">
Five Railway Lines with Indian Assistance</h3>
<div style="text-align: justify;">
The Indian government has decided to construct five railway lines that will connect Nepal and India across the border. Together, these railway lines will be of 183 kilometres (KM). Kamal Raj Paudel, joint-secretary at the Ministry of Physical Planning and Construction said that the necessary preliminary work for the construction of the railway lines has been completed. “In the first phase, the railway will be operated in two regions. For this, we have already acquired land,†he said.</div>
<div style="text-align: justify;">
 </div>
<div style="text-align: justify;">
According to an agreement with India, Nepal will bear only the cost of land acquisition. The cost of railway track, slipper and all other costs will be borne by the Indian government. However, the cost of construction of five railway lines is not yet decided.</div>
<div style="text-align: justify;">
 </div>
<div style="text-align: justify;">
In the first phase, Jaynagar-Bardibas (86 KM) and Jogbani-Biratnagar (17.65 KM) will be constructed. In these two sections, the government has to pay Rs 800 million as compensation to the land owners. Paudel said that the construction would begin right after the Nepal government pays the sum for land acquisition.</div>
<div style="text-align: justify;">
 </div>
<div style="text-align: justify;">
Acharya revealed that Indian Railway Construction Association will develop all the five railway projects. Similarly, Janakpur -Jaynagar (29 KM) railway will be made broad gauge from current narrow gauge. An agreement was made when President Ram Baran Yadav visited India some time back.</div>',
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'title' => 'Cement Producers Whine Over Customs Hike (september 2011)',
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'content' => '<div style="text-align: justify;">
The customs duty rate on clinker import hiked by the budget for the current fiscal year has disappointed cement producers. Majority of them have objected to the move. The customs duty levied on clinker import was increased to Rs 2, 200 from Rs 1,800 per tonne.</div>
<div style="text-align: justify;">
 </div>
<div style="text-align: justify;">
Dhruba Raj Basnet, Vice President of Nepal Cement Producers’ Association said that majority of the industries are dependent on imported clinker as clinker produced in Nepal is not enough to meet the demand. “Government’s move to protect a handful of industries puts more than 30 industries at risk,†he said.</div>
<div style="text-align: justify;">
 </div>
<div style="text-align: justify;">
Nepal needs around 3 million metric tonnes of cement annually. Domestic production can meet only 20 per cent of that demand. Most of the industries are dependent on clinker imported from India. Though nine industries are producing clinker on their own, 1.2 million tonnes of clinker is imported to meet the local demand.</div>
<div style="text-align: justify;">
 </div>
<div style="text-align: justify;">
However, newly-established half a dozen industries are planning to produce clinker on their own. After they begin operation, internal demand is expected to be met by domestic production itself. But the operation is expected to begin no sooner than six months.</div>
<div style="text-align: justify;">
 </div>
<div style="text-align: justify;">
Cement producers are arguing that they must be given some options until local production of clinkers starts to match the demand.</div>
<div style="text-align: justify;">
 </div>
<h3 style="color: blue;">
Diamond Gallery Established</h3>
<div style="text-align: justify;">
Diamond Gallery, a showroom for diamond jewelleries, has been established at New Road, Kathmandu. Sunit Agrawal, Director of the showroom, said the opening of the new diamond jewellery story will add excitement to the diamond business in the country.</div>
<div style="text-align: justify;">
 </div>
<div style="text-align: justify;">
The jewelleries of Diamond Gallery will be available under the brand name Creation. The new showroom boasts trendy designs in diamond jewelleries. The gallery claims that it will offer guarantee on its diamond and gold jewelleries.</div>
<div style="text-align: justify;">
 </div>
<h3 style="color: blue;">
Club Siddhartha Launched</h3>
<div style="text-align: justify;">
Siddhartha Bank Limited has launched ‘Club Siddhartha’, a special programme for account holders of the bank. Clients can subscribe to the service by paying Rs 1,000. The members of the club will be given Club Siddhartha Visa Domestic Card, International Travel Card, and recharge card worth Rs 200 of NTC or Ncell. The bank claimed the service to be the first of its kind in the history of Nepali banking.</div>
<div style="text-align: justify;">
 </div>
<div style="text-align: justify;">
Members of the club can also receive all the services offered by the bank. If a club member can make five new members, their membership fee of Rs 1,000 will be returned. Similarly, club members will be given free accident insurance of Rs 5,000. Memberships can be taken from any of the 40 branches of the bank.</div>
<div style="text-align: justify;">
 </div>
<h3 style="color: blue;">
Five Railway Lines with Indian Assistance</h3>
<div style="text-align: justify;">
The Indian government has decided to construct five railway lines that will connect Nepal and India across the border. Together, these railway lines will be of 183 kilometres (KM). Kamal Raj Paudel, joint-secretary at the Ministry of Physical Planning and Construction said that the necessary preliminary work for the construction of the railway lines has been completed. “In the first phase, the railway will be operated in two regions. For this, we have already acquired land,†he said.</div>
<div style="text-align: justify;">
 </div>
<div style="text-align: justify;">
According to an agreement with India, Nepal will bear only the cost of land acquisition. The cost of railway track, slipper and all other costs will be borne by the Indian government. However, the cost of construction of five railway lines is not yet decided.</div>
<div style="text-align: justify;">
 </div>
<div style="text-align: justify;">
In the first phase, Jaynagar-Bardibas (86 KM) and Jogbani-Biratnagar (17.65 KM) will be constructed. In these two sections, the government has to pay Rs 800 million as compensation to the land owners. Paudel said that the construction would begin right after the Nepal government pays the sum for land acquisition.</div>
<div style="text-align: justify;">
 </div>
<div style="text-align: justify;">
Acharya revealed that Indian Railway Construction Association will develop all the five railway projects. Similarly, Janakpur -Jaynagar (29 KM) railway will be made broad gauge from current narrow gauge. An agreement was made when President Ram Baran Yadav visited India some time back.</div>',
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The customs duty rate on clinker import hiked by the budget for the current fiscal year has disappointed cement producers. Majority of them have objected to the move. The customs duty levied on clinker import was increased to Rs 2, 200 from Rs 1,800 per tonne.</div>
<div style="text-align: justify;">
 </div>
<div style="text-align: justify;">
Dhruba Raj Basnet, Vice President of Nepal Cement Producers’ Association said that majority of the industries are dependent on imported clinker as clinker produced in Nepal is not enough to meet the demand. “Government’s move to protect a handful of industries puts more than 30 industries at risk,†he said.</div>
<div style="text-align: justify;">
 </div>
<div style="text-align: justify;">
Nepal needs around 3 million metric tonnes of cement annually. Domestic production can meet only 20 per cent of that demand. Most of the industries are dependent on clinker imported from India. Though nine industries are producing clinker on their own, 1.2 million tonnes of clinker is imported to meet the local demand.</div>
<div style="text-align: justify;">
 </div>
<div style="text-align: justify;">
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<div style="text-align: justify;">
 </div>
<div style="text-align: justify;">
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<h3 style="color: blue;">
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The customs duty rate on clinker import hiked by the budget for the current fiscal year has disappointed cement producers. Majority of them have objected to the move. The customs duty levied on clinker import was increased to Rs 2, 200 from Rs 1,800 per tonne.</div>
<div style="text-align: justify;">
 </div>
<div style="text-align: justify;">
Dhruba Raj Basnet, Vice President of Nepal Cement Producers’ Association said that majority of the industries are dependent on imported clinker as clinker produced in Nepal is not enough to meet the demand. “Government’s move to protect a handful of industries puts more than 30 industries at risk,†he said.</div>
<div style="text-align: justify;">
 </div>
<div style="text-align: justify;">
Nepal needs around 3 million metric tonnes of cement annually. Domestic production can meet only 20 per cent of that demand. Most of the industries are dependent on clinker imported from India. Though nine industries are producing clinker on their own, 1.2 million tonnes of clinker is imported to meet the local demand.</div>
<div style="text-align: justify;">
 </div>
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<div style="text-align: justify;">
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<div style="text-align: justify;">
 </div>
<h3 style="color: blue;">
Diamond Gallery Established</h3>
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Diamond Gallery, a showroom for diamond jewelleries, has been established at New Road, Kathmandu. Sunit Agrawal, Director of the showroom, said the opening of the new diamond jewellery story will add excitement to the diamond business in the country.</div>
<div style="text-align: justify;">
 </div>
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<div style="text-align: justify;">
 </div>
<h3 style="color: blue;">
Five Railway Lines with Indian Assistance</h3>
<div style="text-align: justify;">
The Indian government has decided to construct five railway lines that will connect Nepal and India across the border. Together, these railway lines will be of 183 kilometres (KM). Kamal Raj Paudel, joint-secretary at the Ministry of Physical Planning and Construction said that the necessary preliminary work for the construction of the railway lines has been completed. “In the first phase, the railway will be operated in two regions. For this, we have already acquired land,†he said.</div>
<div style="text-align: justify;">
 </div>
<div style="text-align: justify;">
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<div style="text-align: justify;">
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<div style="text-align: justify;">
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<div style="text-align: justify;">
 </div>
<div style="text-align: justify;">
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Cement Producers Whine Over Customs Hike (september 2011)
3 min 50 sec to read
The customs duty rate on clinker import hiked by the budget for the current fiscal year has disappointed cement producers. Majority of them have objected to the move. The customs duty levied on clinker import was increased to Rs 2, 200 from Rs 1,800 per tonne.
Â
Dhruba Raj Basnet, Vice President of Nepal Cement Producers’ Association said that majority of the industries are dependent on imported clinker as clinker produced in Nepal is not enough to meet the demand. “Government’s move to protect a handful of industries puts more than 30 industries at risk,†he said.
Â
Nepal needs around 3 million metric tonnes of cement annually. Domestic production can meet only 20 per cent of that demand. Most of the industries are dependent on clinker imported from India. Though nine industries are producing clinker on their own, 1.2 million tonnes of clinker is imported to meet the local demand.
Â
However, newly-established half a dozen industries are planning to produce clinker on their own. After they begin operation, internal demand is expected to be met by domestic production itself. But the operation is expected to begin no sooner than six months.
Â
Cement producers are arguing that they must be given some options until local production of clinkers starts to match the demand.
Â
Diamond Gallery Established
Diamond Gallery, a showroom for diamond jewelleries, has been established at New Road, Kathmandu. Sunit Agrawal, Director of the showroom, said the opening of the new diamond jewellery story will add excitement to the diamond business in the country.
Â
The jewelleries of Diamond Gallery will be available under the brand name Creation. The new showroom boasts trendy designs in diamond jewelleries. The gallery claims that it will offer guarantee on its diamond and gold jewelleries.
Â
Club Siddhartha Launched
Siddhartha Bank Limited has launched ‘Club Siddhartha’, a special programme for account holders of the bank. Clients can subscribe to the service by paying Rs 1,000. The members of the club will be given Club Siddhartha Visa Domestic Card, International Travel Card, and recharge card worth Rs 200 of NTC or Ncell. The bank claimed the service to be the first of its kind in the history of Nepali banking.
Â
Members of the club can also receive all the services offered by the bank. If a club member can make five new members, their membership fee of Rs 1,000 will be returned. Similarly, club members will be given free accident insurance of Rs 5,000. Memberships can be taken from any of the 40 branches of the bank.
Â
Five Railway Lines with Indian Assistance
The Indian government has decided to construct five railway lines that will connect Nepal and India across the border. Together, these railway lines will be of 183 kilometres (KM). Kamal Raj Paudel, joint-secretary at the Ministry of Physical Planning and Construction said that the necessary preliminary work for the construction of the railway lines has been completed. “In the first phase, the railway will be operated in two regions. For this, we have already acquired land,†he said.
Â
According to an agreement with India, Nepal will bear only the cost of land acquisition. The cost of railway track, slipper and all other costs will be borne by the Indian government. However, the cost of construction of five railway lines is not yet decided.
Â
In the first phase, Jaynagar-Bardibas (86 KM) and Jogbani-Biratnagar (17.65 KM) will be constructed. In these two sections, the government has to pay Rs 800 million as compensation to the land owners. Paudel said that the construction would begin right after the Nepal government pays the sum for land acquisition.
Â
Acharya revealed that Indian Railway Construction Association will develop all the five railway projects. Similarly, Janakpur -Jaynagar (29 KM) railway will be made broad gauge from current narrow gauge. An agreement was made when President Ram Baran Yadav visited India some time back.
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The customs duty rate on clinker import hiked by the budget for the current fiscal year has disappointed cement producers. Majority of them have objected to the move. The customs duty levied on clinker import was increased to Rs 2, 200 from Rs 1,800 per tonne.</div>
<div style="text-align: justify;">
 </div>
<div style="text-align: justify;">
Dhruba Raj Basnet, Vice President of Nepal Cement Producers’ Association said that majority of the industries are dependent on imported clinker as clinker produced in Nepal is not enough to meet the demand. “Government’s move to protect a handful of industries puts more than 30 industries at risk,†he said.</div>
<div style="text-align: justify;">
 </div>
<div style="text-align: justify;">
Nepal needs around 3 million metric tonnes of cement annually. Domestic production can meet only 20 per cent of that demand. Most of the industries are dependent on clinker imported from India. Though nine industries are producing clinker on their own, 1.2 million tonnes of clinker is imported to meet the local demand.</div>
<div style="text-align: justify;">
 </div>
<div style="text-align: justify;">
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<div style="text-align: justify;">
 </div>
<div style="text-align: justify;">
Cement producers are arguing that they must be given some options until local production of clinkers starts to match the demand.</div>
<div style="text-align: justify;">
 </div>
<h3 style="color: blue;">
Diamond Gallery Established</h3>
<div style="text-align: justify;">
Diamond Gallery, a showroom for diamond jewelleries, has been established at New Road, Kathmandu. Sunit Agrawal, Director of the showroom, said the opening of the new diamond jewellery story will add excitement to the diamond business in the country.</div>
<div style="text-align: justify;">
 </div>
<div style="text-align: justify;">
The jewelleries of Diamond Gallery will be available under the brand name Creation. The new showroom boasts trendy designs in diamond jewelleries. The gallery claims that it will offer guarantee on its diamond and gold jewelleries.</div>
<div style="text-align: justify;">
 </div>
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Club Siddhartha Launched</h3>
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Siddhartha Bank Limited has launched ‘Club Siddhartha’, a special programme for account holders of the bank. Clients can subscribe to the service by paying Rs 1,000. The members of the club will be given Club Siddhartha Visa Domestic Card, International Travel Card, and recharge card worth Rs 200 of NTC or Ncell. The bank claimed the service to be the first of its kind in the history of Nepali banking.</div>
<div style="text-align: justify;">
 </div>
<div style="text-align: justify;">
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<div style="text-align: justify;">
 </div>
<h3 style="color: blue;">
Five Railway Lines with Indian Assistance</h3>
<div style="text-align: justify;">
The Indian government has decided to construct five railway lines that will connect Nepal and India across the border. Together, these railway lines will be of 183 kilometres (KM). Kamal Raj Paudel, joint-secretary at the Ministry of Physical Planning and Construction said that the necessary preliminary work for the construction of the railway lines has been completed. “In the first phase, the railway will be operated in two regions. For this, we have already acquired land,†he said.</div>
<div style="text-align: justify;">
 </div>
<div style="text-align: justify;">
According to an agreement with India, Nepal will bear only the cost of land acquisition. The cost of railway track, slipper and all other costs will be borne by the Indian government. However, the cost of construction of five railway lines is not yet decided.</div>
<div style="text-align: justify;">
 </div>
<div style="text-align: justify;">
In the first phase, Jaynagar-Bardibas (86 KM) and Jogbani-Biratnagar (17.65 KM) will be constructed. In these two sections, the government has to pay Rs 800 million as compensation to the land owners. Paudel said that the construction would begin right after the Nepal government pays the sum for land acquisition.</div>
<div style="text-align: justify;">
 </div>
<div style="text-align: justify;">
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The customs duty rate on clinker import hiked by the budget for the current fiscal year has disappointed cement producers. Majority of them have objected to the move. The customs duty levied on clinker import was increased to Rs 2, 200 from Rs 1,800 per tonne.</div>
<div style="text-align: justify;">
 </div>
<div style="text-align: justify;">
Dhruba Raj Basnet, Vice President of Nepal Cement Producers’ Association said that majority of the industries are dependent on imported clinker as clinker produced in Nepal is not enough to meet the demand. “Government’s move to protect a handful of industries puts more than 30 industries at risk,†he said.</div>
<div style="text-align: justify;">
 </div>
<div style="text-align: justify;">
Nepal needs around 3 million metric tonnes of cement annually. Domestic production can meet only 20 per cent of that demand. Most of the industries are dependent on clinker imported from India. Though nine industries are producing clinker on their own, 1.2 million tonnes of clinker is imported to meet the local demand.</div>
<div style="text-align: justify;">
 </div>
<div style="text-align: justify;">
However, newly-established half a dozen industries are planning to produce clinker on their own. After they begin operation, internal demand is expected to be met by domestic production itself. But the operation is expected to begin no sooner than six months.</div>
<div style="text-align: justify;">
 </div>
<div style="text-align: justify;">
Cement producers are arguing that they must be given some options until local production of clinkers starts to match the demand.</div>
<div style="text-align: justify;">
 </div>
<h3 style="color: blue;">
Diamond Gallery Established</h3>
<div style="text-align: justify;">
Diamond Gallery, a showroom for diamond jewelleries, has been established at New Road, Kathmandu. Sunit Agrawal, Director of the showroom, said the opening of the new diamond jewellery story will add excitement to the diamond business in the country.</div>
<div style="text-align: justify;">
 </div>
<div style="text-align: justify;">
The jewelleries of Diamond Gallery will be available under the brand name Creation. The new showroom boasts trendy designs in diamond jewelleries. The gallery claims that it will offer guarantee on its diamond and gold jewelleries.</div>
<div style="text-align: justify;">
 </div>
<h3 style="color: blue;">
Club Siddhartha Launched</h3>
<div style="text-align: justify;">
Siddhartha Bank Limited has launched ‘Club Siddhartha’, a special programme for account holders of the bank. Clients can subscribe to the service by paying Rs 1,000. The members of the club will be given Club Siddhartha Visa Domestic Card, International Travel Card, and recharge card worth Rs 200 of NTC or Ncell. The bank claimed the service to be the first of its kind in the history of Nepali banking.</div>
<div style="text-align: justify;">
 </div>
<div style="text-align: justify;">
Members of the club can also receive all the services offered by the bank. If a club member can make five new members, their membership fee of Rs 1,000 will be returned. Similarly, club members will be given free accident insurance of Rs 5,000. Memberships can be taken from any of the 40 branches of the bank.</div>
<div style="text-align: justify;">
 </div>
<h3 style="color: blue;">
Five Railway Lines with Indian Assistance</h3>
<div style="text-align: justify;">
The Indian government has decided to construct five railway lines that will connect Nepal and India across the border. Together, these railway lines will be of 183 kilometres (KM). Kamal Raj Paudel, joint-secretary at the Ministry of Physical Planning and Construction said that the necessary preliminary work for the construction of the railway lines has been completed. “In the first phase, the railway will be operated in two regions. For this, we have already acquired land,†he said.</div>
<div style="text-align: justify;">
 </div>
<div style="text-align: justify;">
According to an agreement with India, Nepal will bear only the cost of land acquisition. The cost of railway track, slipper and all other costs will be borne by the Indian government. However, the cost of construction of five railway lines is not yet decided.</div>
<div style="text-align: justify;">
 </div>
<div style="text-align: justify;">
In the first phase, Jaynagar-Bardibas (86 KM) and Jogbani-Biratnagar (17.65 KM) will be constructed. In these two sections, the government has to pay Rs 800 million as compensation to the land owners. Paudel said that the construction would begin right after the Nepal government pays the sum for land acquisition.</div>
<div style="text-align: justify;">
 </div>
<div style="text-align: justify;">
Acharya revealed that Indian Railway Construction Association will develop all the five railway projects. Similarly, Janakpur -Jaynagar (29 KM) railway will be made broad gauge from current narrow gauge. An agreement was made when President Ram Baran Yadav visited India some time back.</div>',
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The customs duty rate on clinker import hiked by the budget for the current fiscal year has disappointed cement producers. Majority of them have objected to the move. The customs duty levied on clinker import was increased to Rs 2, 200 from Rs 1,800 per tonne.</div>
<div style="text-align: justify;">
 </div>
<div style="text-align: justify;">
Dhruba Raj Basnet, Vice President of Nepal Cement Producers’ Association said that majority of the industries are dependent on imported clinker as clinker produced in Nepal is not enough to meet the demand. “Government’s move to protect a handful of industries puts more than 30 industries at risk,†he said.</div>
<div style="text-align: justify;">
 </div>
<div style="text-align: justify;">
Nepal needs around 3 million metric tonnes of cement annually. Domestic production can meet only 20 per cent of that demand. Most of the industries are dependent on clinker imported from India. Though nine industries are producing clinker on their own, 1.2 million tonnes of clinker is imported to meet the local demand.</div>
<div style="text-align: justify;">
 </div>
<div style="text-align: justify;">
However, newly-established half a dozen industries are planning to produce clinker on their own. After they begin operation, internal demand is expected to be met by domestic production itself. But the operation is expected to begin no sooner than six months.</div>
<div style="text-align: justify;">
 </div>
<div style="text-align: justify;">
Cement producers are arguing that they must be given some options until local production of clinkers starts to match the demand.</div>
<div style="text-align: justify;">
 </div>
<h3 style="color: blue;">
Diamond Gallery Established</h3>
<div style="text-align: justify;">
Diamond Gallery, a showroom for diamond jewelleries, has been established at New Road, Kathmandu. Sunit Agrawal, Director of the showroom, said the opening of the new diamond jewellery story will add excitement to the diamond business in the country.</div>
<div style="text-align: justify;">
 </div>
<div style="text-align: justify;">
The jewelleries of Diamond Gallery will be available under the brand name Creation. The new showroom boasts trendy designs in diamond jewelleries. The gallery claims that it will offer guarantee on its diamond and gold jewelleries.</div>
<div style="text-align: justify;">
 </div>
<h3 style="color: blue;">
Club Siddhartha Launched</h3>
<div style="text-align: justify;">
Siddhartha Bank Limited has launched ‘Club Siddhartha’, a special programme for account holders of the bank. Clients can subscribe to the service by paying Rs 1,000. The members of the club will be given Club Siddhartha Visa Domestic Card, International Travel Card, and recharge card worth Rs 200 of NTC or Ncell. The bank claimed the service to be the first of its kind in the history of Nepali banking.</div>
<div style="text-align: justify;">
 </div>
<div style="text-align: justify;">
Members of the club can also receive all the services offered by the bank. If a club member can make five new members, their membership fee of Rs 1,000 will be returned. Similarly, club members will be given free accident insurance of Rs 5,000. Memberships can be taken from any of the 40 branches of the bank.</div>
<div style="text-align: justify;">
 </div>
<h3 style="color: blue;">
Five Railway Lines with Indian Assistance</h3>
<div style="text-align: justify;">
The Indian government has decided to construct five railway lines that will connect Nepal and India across the border. Together, these railway lines will be of 183 kilometres (KM). Kamal Raj Paudel, joint-secretary at the Ministry of Physical Planning and Construction said that the necessary preliminary work for the construction of the railway lines has been completed. “In the first phase, the railway will be operated in two regions. For this, we have already acquired land,†he said.</div>
<div style="text-align: justify;">
 </div>
<div style="text-align: justify;">
According to an agreement with India, Nepal will bear only the cost of land acquisition. The cost of railway track, slipper and all other costs will be borne by the Indian government. However, the cost of construction of five railway lines is not yet decided.</div>
<div style="text-align: justify;">
 </div>
<div style="text-align: justify;">
In the first phase, Jaynagar-Bardibas (86 KM) and Jogbani-Biratnagar (17.65 KM) will be constructed. In these two sections, the government has to pay Rs 800 million as compensation to the land owners. Paudel said that the construction would begin right after the Nepal government pays the sum for land acquisition.</div>
<div style="text-align: justify;">
 </div>
<div style="text-align: justify;">
Acharya revealed that Indian Railway Construction Association will develop all the five railway projects. Similarly, Janakpur -Jaynagar (29 KM) railway will be made broad gauge from current narrow gauge. An agreement was made when President Ram Baran Yadav visited India some time back.</div>',
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The customs duty rate on clinker import hiked by the budget for the current fiscal year has disappointed cement producers. Majority of them have objected to the move. The customs duty levied on clinker import was increased to Rs 2, 200 from Rs 1,800 per tonne.</div>
<div style="text-align: justify;">
 </div>
<div style="text-align: justify;">
Dhruba Raj Basnet, Vice President of Nepal Cement Producers’ Association said that majority of the industries are dependent on imported clinker as clinker produced in Nepal is not enough to meet the demand. “Government’s move to protect a handful of industries puts more than 30 industries at risk,†he said.</div>
<div style="text-align: justify;">
 </div>
<div style="text-align: justify;">
Nepal needs around 3 million metric tonnes of cement annually. Domestic production can meet only 20 per cent of that demand. Most of the industries are dependent on clinker imported from India. Though nine industries are producing clinker on their own, 1.2 million tonnes of clinker is imported to meet the local demand.</div>
<div style="text-align: justify;">
 </div>
<div style="text-align: justify;">
However, newly-established half a dozen industries are planning to produce clinker on their own. After they begin operation, internal demand is expected to be met by domestic production itself. But the operation is expected to begin no sooner than six months.</div>
<div style="text-align: justify;">
 </div>
<div style="text-align: justify;">
Cement producers are arguing that they must be given some options until local production of clinkers starts to match the demand.</div>
<div style="text-align: justify;">
 </div>
<h3 style="color: blue;">
Diamond Gallery Established</h3>
<div style="text-align: justify;">
Diamond Gallery, a showroom for diamond jewelleries, has been established at New Road, Kathmandu. Sunit Agrawal, Director of the showroom, said the opening of the new diamond jewellery story will add excitement to the diamond business in the country.</div>
<div style="text-align: justify;">
 </div>
<div style="text-align: justify;">
The jewelleries of Diamond Gallery will be available under the brand name Creation. The new showroom boasts trendy designs in diamond jewelleries. The gallery claims that it will offer guarantee on its diamond and gold jewelleries.</div>
<div style="text-align: justify;">
 </div>
<h3 style="color: blue;">
Club Siddhartha Launched</h3>
<div style="text-align: justify;">
Siddhartha Bank Limited has launched ‘Club Siddhartha’, a special programme for account holders of the bank. Clients can subscribe to the service by paying Rs 1,000. The members of the club will be given Club Siddhartha Visa Domestic Card, International Travel Card, and recharge card worth Rs 200 of NTC or Ncell. The bank claimed the service to be the first of its kind in the history of Nepali banking.</div>
<div style="text-align: justify;">
 </div>
<div style="text-align: justify;">
Members of the club can also receive all the services offered by the bank. If a club member can make five new members, their membership fee of Rs 1,000 will be returned. Similarly, club members will be given free accident insurance of Rs 5,000. Memberships can be taken from any of the 40 branches of the bank.</div>
<div style="text-align: justify;">
 </div>
<h3 style="color: blue;">
Five Railway Lines with Indian Assistance</h3>
<div style="text-align: justify;">
The Indian government has decided to construct five railway lines that will connect Nepal and India across the border. Together, these railway lines will be of 183 kilometres (KM). Kamal Raj Paudel, joint-secretary at the Ministry of Physical Planning and Construction said that the necessary preliminary work for the construction of the railway lines has been completed. “In the first phase, the railway will be operated in two regions. For this, we have already acquired land,†he said.</div>
<div style="text-align: justify;">
 </div>
<div style="text-align: justify;">
According to an agreement with India, Nepal will bear only the cost of land acquisition. The cost of railway track, slipper and all other costs will be borne by the Indian government. However, the cost of construction of five railway lines is not yet decided.</div>
<div style="text-align: justify;">
 </div>
<div style="text-align: justify;">
In the first phase, Jaynagar-Bardibas (86 KM) and Jogbani-Biratnagar (17.65 KM) will be constructed. In these two sections, the government has to pay Rs 800 million as compensation to the land owners. Paudel said that the construction would begin right after the Nepal government pays the sum for land acquisition.</div>
<div style="text-align: justify;">
 </div>
<div style="text-align: justify;">
Acharya revealed that Indian Railway Construction Association will develop all the five railway projects. Similarly, Janakpur -Jaynagar (29 KM) railway will be made broad gauge from current narrow gauge. An agreement was made when President Ram Baran Yadav visited India some time back.</div>',
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'content' => '<div style="text-align: justify;">
The customs duty rate on clinker import hiked by the budget for the current fiscal year has disappointed cement producers. Majority of them have objected to the move. The customs duty levied on clinker import was increased to Rs 2, 200 from Rs 1,800 per tonne.</div>
<div style="text-align: justify;">
 </div>
<div style="text-align: justify;">
Dhruba Raj Basnet, Vice President of Nepal Cement Producers’ Association said that majority of the industries are dependent on imported clinker as clinker produced in Nepal is not enough to meet the demand. “Government’s move to protect a handful of industries puts more than 30 industries at risk,†he said.</div>
<div style="text-align: justify;">
 </div>
<div style="text-align: justify;">
Nepal needs around 3 million metric tonnes of cement annually. Domestic production can meet only 20 per cent of that demand. Most of the industries are dependent on clinker imported from India. Though nine industries are producing clinker on their own, 1.2 million tonnes of clinker is imported to meet the local demand.</div>
<div style="text-align: justify;">
 </div>
<div style="text-align: justify;">
However, newly-established half a dozen industries are planning to produce clinker on their own. After they begin operation, internal demand is expected to be met by domestic production itself. But the operation is expected to begin no sooner than six months.</div>
<div style="text-align: justify;">
 </div>
<div style="text-align: justify;">
Cement producers are arguing that they must be given some options until local production of clinkers starts to match the demand.</div>
<div style="text-align: justify;">
 </div>
<h3 style="color: blue;">
Diamond Gallery Established</h3>
<div style="text-align: justify;">
Diamond Gallery, a showroom for diamond jewelleries, has been established at New Road, Kathmandu. Sunit Agrawal, Director of the showroom, said the opening of the new diamond jewellery story will add excitement to the diamond business in the country.</div>
<div style="text-align: justify;">
 </div>
<div style="text-align: justify;">
The jewelleries of Diamond Gallery will be available under the brand name Creation. The new showroom boasts trendy designs in diamond jewelleries. The gallery claims that it will offer guarantee on its diamond and gold jewelleries.</div>
<div style="text-align: justify;">
 </div>
<h3 style="color: blue;">
Club Siddhartha Launched</h3>
<div style="text-align: justify;">
Siddhartha Bank Limited has launched ‘Club Siddhartha’, a special programme for account holders of the bank. Clients can subscribe to the service by paying Rs 1,000. The members of the club will be given Club Siddhartha Visa Domestic Card, International Travel Card, and recharge card worth Rs 200 of NTC or Ncell. The bank claimed the service to be the first of its kind in the history of Nepali banking.</div>
<div style="text-align: justify;">
 </div>
<div style="text-align: justify;">
Members of the club can also receive all the services offered by the bank. If a club member can make five new members, their membership fee of Rs 1,000 will be returned. Similarly, club members will be given free accident insurance of Rs 5,000. Memberships can be taken from any of the 40 branches of the bank.</div>
<div style="text-align: justify;">
 </div>
<h3 style="color: blue;">
Five Railway Lines with Indian Assistance</h3>
<div style="text-align: justify;">
The Indian government has decided to construct five railway lines that will connect Nepal and India across the border. Together, these railway lines will be of 183 kilometres (KM). Kamal Raj Paudel, joint-secretary at the Ministry of Physical Planning and Construction said that the necessary preliminary work for the construction of the railway lines has been completed. “In the first phase, the railway will be operated in two regions. For this, we have already acquired land,†he said.</div>
<div style="text-align: justify;">
 </div>
<div style="text-align: justify;">
According to an agreement with India, Nepal will bear only the cost of land acquisition. The cost of railway track, slipper and all other costs will be borne by the Indian government. However, the cost of construction of five railway lines is not yet decided.</div>
<div style="text-align: justify;">
 </div>
<div style="text-align: justify;">
In the first phase, Jaynagar-Bardibas (86 KM) and Jogbani-Biratnagar (17.65 KM) will be constructed. In these two sections, the government has to pay Rs 800 million as compensation to the land owners. Paudel said that the construction would begin right after the Nepal government pays the sum for land acquisition.</div>
<div style="text-align: justify;">
 </div>
<div style="text-align: justify;">
Acharya revealed that Indian Railway Construction Association will develop all the five railway projects. Similarly, Janakpur -Jaynagar (29 KM) railway will be made broad gauge from current narrow gauge. An agreement was made when President Ram Baran Yadav visited India some time back.</div>',
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The customs duty rate on clinker import hiked by the budget for the current fiscal year has disappointed cement producers. Majority of them have objected to the move. The customs duty levied on clinker import was increased to Rs 2, 200 from Rs 1,800 per tonne.</div>
<div style="text-align: justify;">
 </div>
<div style="text-align: justify;">
Dhruba Raj Basnet, Vice President of Nepal Cement Producers’ Association said that majority of the industries are dependent on imported clinker as clinker produced in Nepal is not enough to meet the demand. “Government’s move to protect a handful of industries puts more than 30 industries at risk,†he said.</div>
<div style="text-align: justify;">
 </div>
<div style="text-align: justify;">
Nepal needs around 3 million metric tonnes of cement annually. Domestic production can meet only 20 per cent of that demand. Most of the industries are dependent on clinker imported from India. Though nine industries are producing clinker on their own, 1.2 million tonnes of clinker is imported to meet the local demand.</div>
<div style="text-align: justify;">
 </div>
<div style="text-align: justify;">
However, newly-established half a dozen industries are planning to produce clinker on their own. After they begin operation, internal demand is expected to be met by domestic production itself. But the operation is expected to begin no sooner than six months.</div>
<div style="text-align: justify;">
 </div>
<div style="text-align: justify;">
Cement producers are arguing that they must be given some options until local production of clinkers starts to match the demand.</div>
<div style="text-align: justify;">
 </div>
<h3 style="color: blue;">
Diamond Gallery Established</h3>
<div style="text-align: justify;">
Diamond Gallery, a showroom for diamond jewelleries, has been established at New Road, Kathmandu. Sunit Agrawal, Director of the showroom, said the opening of the new diamond jewellery story will add excitement to the diamond business in the country.</div>
<div style="text-align: justify;">
 </div>
<div style="text-align: justify;">
The jewelleries of Diamond Gallery will be available under the brand name Creation. The new showroom boasts trendy designs in diamond jewelleries. The gallery claims that it will offer guarantee on its diamond and gold jewelleries.</div>
<div style="text-align: justify;">
 </div>
<h3 style="color: blue;">
Club Siddhartha Launched</h3>
<div style="text-align: justify;">
Siddhartha Bank Limited has launched ‘Club Siddhartha’, a special programme for account holders of the bank. Clients can subscribe to the service by paying Rs 1,000. The members of the club will be given Club Siddhartha Visa Domestic Card, International Travel Card, and recharge card worth Rs 200 of NTC or Ncell. The bank claimed the service to be the first of its kind in the history of Nepali banking.</div>
<div style="text-align: justify;">
 </div>
<div style="text-align: justify;">
Members of the club can also receive all the services offered by the bank. If a club member can make five new members, their membership fee of Rs 1,000 will be returned. Similarly, club members will be given free accident insurance of Rs 5,000. Memberships can be taken from any of the 40 branches of the bank.</div>
<div style="text-align: justify;">
 </div>
<h3 style="color: blue;">
Five Railway Lines with Indian Assistance</h3>
<div style="text-align: justify;">
The Indian government has decided to construct five railway lines that will connect Nepal and India across the border. Together, these railway lines will be of 183 kilometres (KM). Kamal Raj Paudel, joint-secretary at the Ministry of Physical Planning and Construction said that the necessary preliminary work for the construction of the railway lines has been completed. “In the first phase, the railway will be operated in two regions. For this, we have already acquired land,†he said.</div>
<div style="text-align: justify;">
 </div>
<div style="text-align: justify;">
According to an agreement with India, Nepal will bear only the cost of land acquisition. The cost of railway track, slipper and all other costs will be borne by the Indian government. However, the cost of construction of five railway lines is not yet decided.</div>
<div style="text-align: justify;">
 </div>
<div style="text-align: justify;">
In the first phase, Jaynagar-Bardibas (86 KM) and Jogbani-Biratnagar (17.65 KM) will be constructed. In these two sections, the government has to pay Rs 800 million as compensation to the land owners. Paudel said that the construction would begin right after the Nepal government pays the sum for land acquisition.</div>
<div style="text-align: justify;">
 </div>
<div style="text-align: justify;">
Acharya revealed that Indian Railway Construction Association will develop all the five railway projects. Similarly, Janakpur -Jaynagar (29 KM) railway will be made broad gauge from current narrow gauge. An agreement was made when President Ram Baran Yadav visited India some time back.</div>',
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include - APP/View/Elements/side_bar.ctp, line 133
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Warning (2): simplexml_load_file() [<a href='http://php.net/function.simplexml-load-file'>function.simplexml-load-file</a>]: I/O warning : failed to load external entity "" [APP/View/Elements/side_bar.ctp, line 133]
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The customs duty rate on clinker import hiked by the budget for the current fiscal year has disappointed cement producers. Majority of them have objected to the move. The customs duty levied on clinker import was increased to Rs 2, 200 from Rs 1,800 per tonne.</div>
<div style="text-align: justify;">
 </div>
<div style="text-align: justify;">
Dhruba Raj Basnet, Vice President of Nepal Cement Producers’ Association said that majority of the industries are dependent on imported clinker as clinker produced in Nepal is not enough to meet the demand. “Government’s move to protect a handful of industries puts more than 30 industries at risk,†he said.</div>
<div style="text-align: justify;">
 </div>
<div style="text-align: justify;">
Nepal needs around 3 million metric tonnes of cement annually. Domestic production can meet only 20 per cent of that demand. Most of the industries are dependent on clinker imported from India. Though nine industries are producing clinker on their own, 1.2 million tonnes of clinker is imported to meet the local demand.</div>
<div style="text-align: justify;">
 </div>
<div style="text-align: justify;">
However, newly-established half a dozen industries are planning to produce clinker on their own. After they begin operation, internal demand is expected to be met by domestic production itself. But the operation is expected to begin no sooner than six months.</div>
<div style="text-align: justify;">
 </div>
<div style="text-align: justify;">
Cement producers are arguing that they must be given some options until local production of clinkers starts to match the demand.</div>
<div style="text-align: justify;">
 </div>
<h3 style="color: blue;">
Diamond Gallery Established</h3>
<div style="text-align: justify;">
Diamond Gallery, a showroom for diamond jewelleries, has been established at New Road, Kathmandu. Sunit Agrawal, Director of the showroom, said the opening of the new diamond jewellery story will add excitement to the diamond business in the country.</div>
<div style="text-align: justify;">
 </div>
<div style="text-align: justify;">
The jewelleries of Diamond Gallery will be available under the brand name Creation. The new showroom boasts trendy designs in diamond jewelleries. The gallery claims that it will offer guarantee on its diamond and gold jewelleries.</div>
<div style="text-align: justify;">
 </div>
<h3 style="color: blue;">
Club Siddhartha Launched</h3>
<div style="text-align: justify;">
Siddhartha Bank Limited has launched ‘Club Siddhartha’, a special programme for account holders of the bank. Clients can subscribe to the service by paying Rs 1,000. The members of the club will be given Club Siddhartha Visa Domestic Card, International Travel Card, and recharge card worth Rs 200 of NTC or Ncell. The bank claimed the service to be the first of its kind in the history of Nepali banking.</div>
<div style="text-align: justify;">
 </div>
<div style="text-align: justify;">
Members of the club can also receive all the services offered by the bank. If a club member can make five new members, their membership fee of Rs 1,000 will be returned. Similarly, club members will be given free accident insurance of Rs 5,000. Memberships can be taken from any of the 40 branches of the bank.</div>
<div style="text-align: justify;">
 </div>
<h3 style="color: blue;">
Five Railway Lines with Indian Assistance</h3>
<div style="text-align: justify;">
The Indian government has decided to construct five railway lines that will connect Nepal and India across the border. Together, these railway lines will be of 183 kilometres (KM). Kamal Raj Paudel, joint-secretary at the Ministry of Physical Planning and Construction said that the necessary preliminary work for the construction of the railway lines has been completed. “In the first phase, the railway will be operated in two regions. For this, we have already acquired land,†he said.</div>
<div style="text-align: justify;">
 </div>
<div style="text-align: justify;">
According to an agreement with India, Nepal will bear only the cost of land acquisition. The cost of railway track, slipper and all other costs will be borne by the Indian government. However, the cost of construction of five railway lines is not yet decided.</div>
<div style="text-align: justify;">
 </div>
<div style="text-align: justify;">
In the first phase, Jaynagar-Bardibas (86 KM) and Jogbani-Biratnagar (17.65 KM) will be constructed. In these two sections, the government has to pay Rs 800 million as compensation to the land owners. Paudel said that the construction would begin right after the Nepal government pays the sum for land acquisition.</div>
<div style="text-align: justify;">
 </div>
<div style="text-align: justify;">
Acharya revealed that Indian Railway Construction Association will develop all the five railway projects. Similarly, Janakpur -Jaynagar (29 KM) railway will be made broad gauge from current narrow gauge. An agreement was made when President Ram Baran Yadav visited India some time back.</div>',
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The customs duty rate on clinker import hiked by the budget for the current fiscal year has disappointed cement producers. Majority of them have objected to the move. The customs duty levied on clinker import was increased to Rs 2, 200 from Rs 1,800 per tonne.</div>
<div style="text-align: justify;">
 </div>
<div style="text-align: justify;">
Dhruba Raj Basnet, Vice President of Nepal Cement Producers’ Association said that majority of the industries are dependent on imported clinker as clinker produced in Nepal is not enough to meet the demand. “Government’s move to protect a handful of industries puts more than 30 industries at risk,†he said.</div>
<div style="text-align: justify;">
 </div>
<div style="text-align: justify;">
Nepal needs around 3 million metric tonnes of cement annually. Domestic production can meet only 20 per cent of that demand. Most of the industries are dependent on clinker imported from India. Though nine industries are producing clinker on their own, 1.2 million tonnes of clinker is imported to meet the local demand.</div>
<div style="text-align: justify;">
 </div>
<div style="text-align: justify;">
However, newly-established half a dozen industries are planning to produce clinker on their own. After they begin operation, internal demand is expected to be met by domestic production itself. But the operation is expected to begin no sooner than six months.</div>
<div style="text-align: justify;">
 </div>
<div style="text-align: justify;">
Cement producers are arguing that they must be given some options until local production of clinkers starts to match the demand.</div>
<div style="text-align: justify;">
 </div>
<h3 style="color: blue;">
Diamond Gallery Established</h3>
<div style="text-align: justify;">
Diamond Gallery, a showroom for diamond jewelleries, has been established at New Road, Kathmandu. Sunit Agrawal, Director of the showroom, said the opening of the new diamond jewellery story will add excitement to the diamond business in the country.</div>
<div style="text-align: justify;">
 </div>
<div style="text-align: justify;">
The jewelleries of Diamond Gallery will be available under the brand name Creation. The new showroom boasts trendy designs in diamond jewelleries. The gallery claims that it will offer guarantee on its diamond and gold jewelleries.</div>
<div style="text-align: justify;">
 </div>
<h3 style="color: blue;">
Club Siddhartha Launched</h3>
<div style="text-align: justify;">
Siddhartha Bank Limited has launched ‘Club Siddhartha’, a special programme for account holders of the bank. Clients can subscribe to the service by paying Rs 1,000. The members of the club will be given Club Siddhartha Visa Domestic Card, International Travel Card, and recharge card worth Rs 200 of NTC or Ncell. The bank claimed the service to be the first of its kind in the history of Nepali banking.</div>
<div style="text-align: justify;">
 </div>
<div style="text-align: justify;">
Members of the club can also receive all the services offered by the bank. If a club member can make five new members, their membership fee of Rs 1,000 will be returned. Similarly, club members will be given free accident insurance of Rs 5,000. Memberships can be taken from any of the 40 branches of the bank.</div>
<div style="text-align: justify;">
 </div>
<h3 style="color: blue;">
Five Railway Lines with Indian Assistance</h3>
<div style="text-align: justify;">
The Indian government has decided to construct five railway lines that will connect Nepal and India across the border. Together, these railway lines will be of 183 kilometres (KM). Kamal Raj Paudel, joint-secretary at the Ministry of Physical Planning and Construction said that the necessary preliminary work for the construction of the railway lines has been completed. “In the first phase, the railway will be operated in two regions. For this, we have already acquired land,†he said.</div>
<div style="text-align: justify;">
 </div>
<div style="text-align: justify;">
According to an agreement with India, Nepal will bear only the cost of land acquisition. The cost of railway track, slipper and all other costs will be borne by the Indian government. However, the cost of construction of five railway lines is not yet decided.</div>
<div style="text-align: justify;">
 </div>
<div style="text-align: justify;">
In the first phase, Jaynagar-Bardibas (86 KM) and Jogbani-Biratnagar (17.65 KM) will be constructed. In these two sections, the government has to pay Rs 800 million as compensation to the land owners. Paudel said that the construction would begin right after the Nepal government pays the sum for land acquisition.</div>
<div style="text-align: justify;">
 </div>
<div style="text-align: justify;">
Acharya revealed that Indian Railway Construction Association will develop all the five railway projects. Similarly, Janakpur -Jaynagar (29 KM) railway will be made broad gauge from current narrow gauge. An agreement was made when President Ram Baran Yadav visited India some time back.</div>',
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View::_renderElement() - CORE/Cake/View/View.php, line 1224
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