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Category: Development

KMC starts management of city’s untidy wires and cables

6 May, Kathmandu: The Kathmandu Metropolitan City (KMC) has started management of the wires and cables set up along the electric poles as part of its drive to control pollution. The unmanaged wires that dangle and hang down from the poles have been taken care of at Tripureshwor, Kamaladi and Kamal Pokhari, KMC’s Environment Management Department Chief, Rabinman Shrestha said. The KMC has collected 15 truckloads of unmanaged wires and cables, and kept them at Teku. The KMC started the campaign as the unmanaged wires in the city have contributed in making the city ugly and posed risk of...

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KMC to start online approval of house/building blue print

1 May, Kathmandu: The Kathmandu Metropolitan City (KMC) Office is to collect the signatures of service seekers online for the purpose of approving house or building blueprint. In this connection, the KMC is strengthening its online services intended at those seeking a permit to construct buildings/houses and it has already made a policy-level decision to this effect. Though the Office had switched to an e-system regarding the approval process for a blue print of a design of any physical infrastructure, currently the service seekers have to be present in person at the Office to sign on the approved document....

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50 years of Nepal-ADB partnership: Building together prosperity of Asia

Sarachchandra Bhandari 28 April, Kathmandu: The Asian Development Bank (ADB) – a multilateral development agency founded to contribute towards lessening poverty and building prosperity of the region through physical infrastructure development – has entered 50 years of its operations. The partnership between Nepal and ADB since its establishment in 1967 has consolidated the mutual cooperation in reducing country poverty, enhancing vocational skills and technical know-how and addressing natural calamities and emergency situation besides education, health and drinking water. The Bank has so far invested billions of rupees to execute small, middle and mega development projects since 50 years backs...

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Tap into reliable and stable domestic tourism

Kathmandu: Realizing the benefits of advertisement and publicity, Nepal Tourism Board or NTB has decided to use the platform of news giants like BBC and Reuters, and of travel site TripAdvisor to help realize the huge tourism potential of the country. This was also very much needed to get the country back into the world of tourism following the 2015 devastating earthquake, that had in many ways hampered the tourism sector. And for the promotional campaign, NTB, the government body responsible to promote tourism in the country is investing a whopping one million US dollars. This is a very significant...

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2016 AD: A year with mixed results for Nepal in foreign relations front

Sharachchandra Bhandary 1 Jan, Kathmandu: The world bids adieu to the Year 2016 and enters into the 17th year of the new millennium as the clock strikes 12 tonight. By all accounts 2016 was a year with mixed results for Nepal from the perspective of expansion of international relations and conduction of balanced foreign policy. Some achievements were made towards preparing the long-term outline for expansion of economic cooperation with two immediate neighbours – India and China- for further consolidating the age-old ties with these countries based on cordiality, goodwill and friendship, and for giving it a new impetus...

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Nepal should benefit from its neighbors: Jeffery

5 Dec, Kathmandu: Special Advisor to United Nations Secretary-General Ban Ki-moon and Professor at the Columbia University Jeffrey D Sachs has stated that Nepal should make economic strides by reaping economic benefits from its immediate neighbors- India and China. Speaking at a programme organized by the Office of the Prime Minister and Council of Ministers here Sunday, Jeffrey underscored the development of information, technology, hydropower, tourism, quality education and health for heralding result-oriented development in Nepal. Similarly, Chief Secretary of the government Dr Somlal Subedi emphasized effective implementation of the Sustainable Development Goals to which Nepal has already expressed...

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BRICS development bank to lend $2.5 billion next year

16 Oct, Goa: The development bank set up by the BRICS group of emerging economies will ramp up lending to $2.5 billion next year after making its first loans to back green projects, its president KV Kamath told Reuters. The BRICS – Brazil, Russia, India, China and South Africa – agreed to create the New Development Bank (NDB) in July 2014 with initial authorized capital of $100 billion. The lender was officially launched a year later. Photo: Reuters “The second year is scaling up, concentrating on people, getting all the skillsets in,” said Kamath, a veteran Indian banker appointed...

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PM Oli urges all to join hands in national development

16 May, Kathmandu: Prime Minister KP Sharma Oli has urged all to join hands for national development after utilizing natural and human resource of the country. While inaugurating the meeting of the National Development Council here today, the Prime Minister said that the government was making efforts to explore the natural mines adding that iron mine was discovered in Nawalparasi and gas mine was being explored in Dailekh. He said such resources should be utilized for national development. Prime Minister Oli further stressed on increasing exports and decreasing imports for self dependency of the country. He also expressed confidence...

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PM unveils 5-year reconstruction work plan

12 May, Kathmandu: Prime Minister KP Sharma Oli unveiled a five-year work plan on post-quake reconstruction at the Legislature-Parliament today. The work plan clearly outlines how reconstruction works would be accelerated, PM Oli said, adding that the work plan was introduced as a guideline to the government, private sectors and donor agencies. Although the PDNA had estimated a budget of Rs 699 billion for the entire reconstruction activities, the number of damaged houses has increased and the ministries too demanded additional amount, so the proposed budget has increased accordingly. With the additional budget, Rs 838 billion has been allocated...

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14th Three-year Plan to build socialism-oriented prosperous nation

9 May, Kathmandu: President Bidya Devi Bhandari said that the government would prepare the 14th Three-Year Plan, with the purpose of building socialism-oriented prosperous nation based on norms and values of democracy, and would implement it from coming fiscal year 2016/17. The main objective of the plan would be to build an independent and prosperous state while ensuring basic social service and maintaining food, health, energy and job security to build a welfare state. The economic policies would be focused on the path of prosperity while strengthening national economy through participation, independent development and complementary role of public, private...

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