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Nepali economy

How is our “loktantrik” economy?

By Prajwal Shrestha As bank reserve has started to decline, the commercial banks have started to incline interest rates in saving deposits. From two percent in normal saving, the banks have started to give 11 to 12 percent in fixed deposits to attract the depositors. Such a trend will take …

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Taking action against people polluting the Bagmati River

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Authorities have arrested five persons for throwing trashes into the Bagmati River at Til Ganga on Saturday. They have been fined Rs 5,000 each for their unpleasant action, according to the Kathmandu Metropolitan City, Town Police. Under the Waste Management Act-2068, those found guilty of disposing garbage in prohibited zones …

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Don’t allow NOC to pocket more profit

By Prajwal Shrestha Just recently, the Nepal Oil Corporation (NOC), saying that the Indian Oil Corporation (IOC) hiked the price of petro-products, has increased the price of the petro-products in the Nepali market. When different consumers group blamed the NOC, in the name of automatic adjustment of price, NOC has …

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Think of Nepal first

By Prajwal Shrestha Just recently, an assembly on power was held in Kathmandu with the slogan “ten thousand MW electricity in 10 years”. Similar seminar with the same slogan was held earlier also but there was no progress at all. The slogan was given by considering construction of the mega …

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Measures needed for a wealthy economy

By Prajwal Shrestha The country’s economy is sick. Foreign trade is the main indicator to know the economic health of a nation. According to reports, in first four month of the current fiscal year, imports have been recorded double than the exports. What measures the government has introduced to curb …

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India’s ill-intention on Nepal

It has already been more than two decades since endorsement of the Mahakali Treaty between Nepal and India in 1996. During the time of endorsement, our leaders in favour of endorsement of the treaty were making big claims. This scribe remembers, Pashupati Shumsher Rana was the minister for water resources. …

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“Fast-track, airport in our lifetime”

By Prajwal Shrestha Local people from Nijgadh organised walkathon from Nijgadh to Kathmandu demanding immediate construction of the Kathmandu-Nijgadh fast track and international airport in Nijgadh. As the government is delaying construction of the fast-track and Nijgadh airport, to put pressure to the government, local people have organised walkathon with …

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Artificial load-shedding in the country!

BY PRAJWAL SHRESTHA Energy Minister Janardan Sharma has claimed that he would not issue the load-shedding schedule even during the dry season. After Sharma assumed the office, he changed the previous chief of the Nepal Electricity Authority by assigning Kulman Ghishing. After Ghishing assumed office, the scenario has been changed. …

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Lessons to learn

By Prajwal Shrestha After Indian PM announced ban on high denomination Indian notes, the Nepali people have also become victims. It is estimated that commoners are holding billions of rupees of such banned Indian currencies.  They are confused, whether they can exchange the Indian currencies with them or not. This …

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A hue and cry

By Prajwal Shrestha After Indian prime minister Narendra Modi announced a ban on Rs 500 and 1000 denomination Indian notes, there has been a hue and cry in India. Nepal has not remained aloof from the impact. It is believed that there is the stock of about nine billion such …

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