Death toll from heavy rainfall and landslides in different parts of the country reached 101 while 41 people are still missing. The unseasonal rain which started in the third week of October displaced hundreds of families. Due to rising water levels, 42 out of 56 gates of Koshi barrage were opened. The people living around the area were warned to remain vigilant of the possible … [Read more...] about Unseasonal Rainfall Wreaks Havoc in Different Parts of the Country
Blog / Opinion
Chief Justice Cholendra Shumsher Rana got into a heated controversy after he allegedly demanded a share in Prime Minister Sher Bahadur Deuba’s Cabinet. He has been accused of seeking a ministerial berth for his brother-in-law, who was appointed as a minister on October 8. The controversy started when Gajendra Hamal, Chief Justice Rana’s brother-in-law, was appointed as one of … [Read more...] about Political Intervention – A Solution to Judicial Crisis?
The visit of MCC vice president Fatema Z Sumar and deputy vice president Jonathan Brooks in the second week of September triggered the ongoing years old debate over the MCC grant to Nepal to a new level. On the eve of top officials visit to Nepal, MCC sent back the replies to 11 major questions along with other supplementary questions, Nepal’s finance minister had forwarded … [Read more...] about MCC Discourse Intensified over Fatima’s Visit
Substitution Budget The Sher Bahadur Deuba government has laid a new bill for Nepal’s annual financial plan. Finance Minister Janardan Sharma on September 10 unveiled a new federal budget of Nrs. 1.632 trillion (USD 13.86 billion) for the ongoing fiscal year (FY) 2021/21, replacing the previous ordinance budget presented by Bishnu Paudel (the then Finance Minister) under … [Read more...] about Replacement Budget Bill 2021/22
Finance Minister Janardan Sharma on August 10 presented a white paper (swet patra) or the ‘Information on the Current Economic Situation of Nepal’ which depicted a bleak situation of the national economy amid the ongoing COVID-19 pandemic. According to the white paper (prepared by the bureaucratic and technical team at the Finance Ministry), Nepal’s public borrowing has reached … [Read more...] about A New Government, A New White Paper