Author: Himalaya Post

Apex court seeks written reasons for not indicting former PMs in Baluwatar land scam

Posted by | Feb 14, 2020 | ,

Kathmandu, Feb 14: The Supreme Court (SC) has issued an order to the Commission for the Investigation of Abuse of Authority (CIAA) demanding reasons in writing for not filing a charge-sheet against former Prime Ministers Madhav Kumar Nepal and Dr Baburam Bhattarai in the Lalita Niwas land procurement scam. A single bench of Chief Justice Cholendra Shamsher JBR asked the CIAA to submit written reasons within 15 days. Senior advocate Bal Krishna Neupane on February 12 filed a writ petition in the apex court against the CIAA demanding investigations into former PMs Nepal and Bhattarai for their alleged involvement in the cheat. The constitutional anti-graft body on February 5 had filed a charge-sheet in the special court against 175 people for their alleged involvement in the...

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IT bill to be passed soon: Minister Banskota

Posted by | Feb 14, 2020 | ,

Kathmandu, Feb 14: Minister for Communications and Information Technology Gokul Banskota has said that the Information Technology Bill will be endorsed by the federal parliament soon. Inaugurating the 26th edition of the CAN InfoTech organized by the Computer Association Nepal (CAN) Federation here in the capital city today, Minister Banskota shared that the bill would be passed after revising some...

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FM Gyawali to leave for Dhaka Monday

Posted by | Feb 14, 2020 | ,

Kathmandu, Feb 14: Minister for Foreign Affairs Pradeep Kumar Gyawali is leaving for Dhaka on February 17 on a three-day official visit to Bangladesh at the invitation of his counterpart, Dr. A. K. Abdul Momen, Minister of Foreign Affairs of the People’s Republic of Bangladesh. Minister Gyawali will be accompanied by the Foreign Secretary and senior officials of the Foreign Ministry, Ministry of Industry, Commerce and Supplies, and Ministry of Energy, Water Resources and Irrigation. According to press statement issued by the MoFA, during the visit, the Minister will hold delegation level talks with his Bangladeshi counterpart. The two Foreign Ministers review the overall aspects of the bilateral relations and exchange views on various matters of mutual interest, such as energy, trade, transit, connectivity, tourism, and cooperation on regional and multilateral issues. The Foreign Minister is scheduled to deliver a speech at the Bangladesh Institute of International and Strategic Studies (BIISS) on Nepal-Bangladesh Relationship and South Asian Cooperation. He is returning home on February...

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Budhi Gandaki Hydel to be constructed soon: NCP Chair Dahal

Posted by | Feb 14, 2020 | ,

Dhading, Feb 14: Nepal Communist Party (NCP) Chairperson Pushpa Kamal Dahal ‘Prachanda’ has assured that the construction works of the Budhi Gandaki Hydropower Project would be accelerated soon. Inaugurating the 7th Dhading Festival at Dhadingbesi on Friday, leader Dahal shared that the compensation was already distributed for the acquisition of private land lying in the project area, which would help intensify construction pace. The 1200-megawatt- hydro power project would bring a sweeping change in the lives of people in Dhanding and Gorkha districts, Dahal claimed, informing that discussion was also held concerning rehabilitation of those displaced by the hydel. According to him, the government was effortful to build a parallel highway in Trishuli and Marsyangdi as an alternative to the Prithivi Highway. He also reaffirmed the government’s commitment to construct railways connecting Lhasa in China to Kathmandu, Pokhara and Lumbini. The former Prime Minister was of view that Nepal would only inch towards realization of prosperity if the foreign investment was attracted to the country. He however expressed his happiness that the private sector in the country was very excited with the current situation of the country. There are altogether 155 stalls in the festival. Organizers are hopeful that the event would record a transaction worth Rs 50 million and witness a footfall of at least 200 thousand people. Local products such as handicrafts, daily consumable items and others...

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Foreign investment of Rs 3,000 billion committed in six months: Minister Dr Khatiwada

Posted by | Feb 14, 2020 | ,

Finance Minister Dr Yubaraj Khatiwada has said Nepal got the commitment of Rs 3,000 billion as foreign investment in the six months of the current fiscal year. The investment would be made in the industrial sector, he said while inaugurating the Birat Expo here Friday. The Expo is the international exhibition of agricultural and industrial products, which continue for eight days. The liberal economic policy and favourable atmosphere would attract foreign investment, which would contribute to people’s aspiration for prosperity, he asserted. According to him, 3,000 MW electricity would be produced in the Arun Valley in coming three years, for which, Rs 100 billion investment was brought in and commitment made of additional Rs 200 billion. The industrial sectors would reap huge benefits from it, he made it clear. The Minister further said government has no intention at all to discourage industrialists. He requested the industrialists to opt for new products in view of the demand from international markets. Minister for State for Industry, Commerce and Supplies Motilal Dugad has shared that the government was successful to resume the export of palm oil to India. He said the incumbent government was committed to boosting national economy by bringing the private sectors in confidence. Similarly, Internal Affairs Minister at State-1, Hikmat Karki, Minister for Industry, Tourism, Forest and Environment, Jagdish Kuswait, vowed to developing Biratanagar as of internationally standard exhibition...

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