Author: Himalaya Post

Relevancy of the Theories of Surplus Value by Karl Mark to Labor Economics

– Ram Chandra Rupakheti Karl Marks did not satisfy with society about the labor principle. According to him, the societies are classified into two class: capitalist and labor class or have and haves not. This theory of surplus-value was developed by Karl Marks between 1867.  This theory has been taken from the theory of labor value by David Ricardo. According to Karl Marks, Labour is the most important means of production among the means of production i.e., land, labour, capital, and organization. The amount of labour is embodied in a commodity. Labour is employed for producing and processing raw materials. The value of the commodity is determined by the quantity and skill of labor under conditions of social production.  Although they are exploited by industrialists for their greed. The value of raw material is enhanced by conversion due to the engagement of labor. Capitalists enjoy the surplus-value or value addition to the cost of production which includes the payment made to factors of production. The labor produces more value than they are paid by the capitalists who grab the surplus as their profit. Competition makes the capitalists bring down the wages of the labor to the minimum necessary for mere subsistence. In another hand, competition makes the capitalists bring down the wages of the labor to the minimum necessary for mere subsistence. the excess of labor time, which the...

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Social Entrepreneurs participate to nation building campaign

– Topendra Panthi Social Entrepreneurship has taken off and it has become an inspirational way to motivate many to start a business. Passion usually inspires us and can take us on unbelievable journeys. There is no proper evidence who were the pioneer motivator of business in the world. Being a research scholar, I always try to observe the cause and effect of the events and circumstances also attempt to mark theorization for the study undertaken itself. Business introduces, grows and dies in the society, so it can be said that business refers as open social system and entity. As we know life is full of events, these make both positive and negative impact to our mindset and results the same. The Business of good narrates the story behind social entrepreneurship as told by the individuals compelled to create a change in the world–not just another business. An encounter with the person Reshma Shah nearby Samakhusi Kathmandu, with entrepreneurial skills influenced me with her ideas and positive attitude towards her venture. She has been dedicating her time for making mask, bags, apron and kusun cover playthings and so on. Though she is a highly educated and from a high profile family, she is not discouraged to run a small business, creating job opportunities for some persons. Her down to earth nature is highly appreciable. Her small business has given her...

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Meeting on Nepal-India cross-border railway links held in New Delhi

Kathmandu- A meeting of the Joint Task Force and Project Steering Committee on Railway Network has been concluded. The implementation of the existing cross-border railway network and overall cooperation in the railway sector was held between the two sides in New Delhi on October 7 and 8. The two sides have also signed an agreement under Standard Operating Procedure (SOPS) and final location survey of the proposed Broad Gauge Railway between Raxaul and Kathmandu to start passenger train service on Jayanagar-Kurtha section. In the agreement, it is mentioned that SOPS will provide technical assistance for the operation of passenger train service in the new section and will act as a guiding document for the commencement of initial train service on the cross-border railway with Nepal. The meeting also discussed the progress made in the Raxaul-Kathmandu Broad Gauge Railway and the project under the second phase railway network. The fifth meeting of the Nepal-India Task Force and the seventh meeting of the Project Steering Committee were held for two days on October 7 and 8. The Nepali delegation was led by Keshav Kumar Sharma, Joint Secretary at the Ministry of Physical Infrastructure and Transport. Similarly, in the meeting of the Nepal Joint Task Force, the Indian delegation was led by the Executive Director of the Traffic Transport Department of the Ministry of Railways, Government of India, Dr. The Indian delegation...

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Completion of Construction of the Koshi Corridor Power Transmission Line

Kathmandu- Construction work of power transmission line of Koshi Corridor has been completed. The Koshi Corridor power transmission line with a capacity of 1.220 KV double circuit has been completed in collaboration with neighboring India. The power transmission line at Ineruwa-Basantapur-Baneshwor-Tumlingtar was handed over to the Managing Director of Nepal Electricity Authority by Kalpatru Power Transmission Limited and Exim Bank of India during a ceremony on Wednesday. The 106 km long Koshi Corridor transmission line has been constructed at a total cost of NER 10.4 billion (US 86.8 million). Speaking on the occasion, Deputy Chief of Mission Khampa said that India was committed to bilateral cooperation in all aspects of the energy sector. She also mentioned that India is committed to develop power projects in Nepal, build power transmission lines within Nepal and between the two countries and expand electricity trade between the two countries. The event was attended by representatives of Dhankuta and Hile administration, officials of Kalpatru Power Transmission Limited as well as representatives of the local...

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Dishhome’s Festive Offer : Recharge with Bonus to Spain

Kathmandu: Dishhome customers can now get bonus on digital recharge. In line with the festive offer brought by Dishhome to its customers to make the festive atmosphere more colorful. By recharging DishHome through recharge cards and various digital means, customers can get attractive bonuses. Under this scheme, an additional bonus amount of up to  22 rupee. In addition, customers can now pay Rs. At 899, you will be able to enjoy 100 Mbps internet with a 5G dual band router, while the four lucky customers who get a new connection from DishHome will even get to travel to Spain. The company says that with every new connection, customers will also get the opportunity to get a free Laiga season ticket of Rs 2,000. The four lucky winners going to Spain will be selected through a lucky draw. Lucky Draw will be broadcast live on Ramailo TV, Sarokar TV, Reality TV and other channels of...

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