With the adoption of liberalisation policy especially since early 1990s, Nepal has witnessed an impressive development of financial sector. Banks and Financial Institutions (BFIs) that increased in a large number over
Nepal is home to the magnificent one-horned rhinoceros, a rare species on our planet. Unfortunately, one-horned rhinos, one of the five rhino species present worldwide, are facing a threat to their existence, res
Right to information (RTI) holds a lot of importance when it comes to maintaining transparency and establishing good governance. Democracy fosters only on good governance whose main pillars include transparency, rule of law, responsiveness, accountability, participation, consensual decisions, equity and effectiveness, among others. As RTI is a crucial tool for promoting good governance, the former is often regarded as a synon
Nepal’s economy is not in a good shape. Internal and external factors are behind the slow pace of economic activities. Three years ago, the COVID-19 pandemic disrupted the entire economic system nationally and globally.
It seems that the goal of maintaining Nepal as a totally leprosy-free nation is not free from challenges. Re-emergence of cases makes it difficult to keep that status permanently. In fact Nepal had achieved the elimination of leprosy as a public health problem in December 2009. The disease was declared eliminated in 2010. But the matter of concern is that new cases continue to surface, mostly in the Terai districts. This p
In view of the current economic slump, ineffective revenue collection, increasing administrative costs and lacklustre performance of various development projects, the Ministry of Finance (MoF) has come up with an action plan to implement the policy priorities and common minimum programmes of the government. The action plan focuses on policies and programmes, landmark achievements, resources, time limitations, monitoring and eva
This year’s winter season is going to end without a drop of rain in the mid and eastern part of the country, which is a negative phenomenon seen from climate perspective. In the midst of winter, people usually do not want to shiver more in freezing cold that a precipitation brings with because it is bad for human health, especially for the old, children and sick people. But the dry winter is not propitious for people either. People l
The Supreme Court the other day annulled the lawmaker's position of incumbent Deputy Prime Minister and Home Minister Rabi Lamichhane, therefore invalidating his ability to continue in all positions he held after h
While the newly-formed federal and provincial governments were expressing their commitments to establishing good governance in the country and enhancing the efficiency of the service delivery system, an industrious youth, who attempted to self-immolate in front of the Federal Parliament Building on Tuesday, showed his utter frustrations about the governance mechanisms. Prem Prasa
Federal and provincial elections, held on November 20 last year, produced a hung parliament, resulting in uncertainty regarding the formation of new government in the centre and provinces. The political parties had contested the polls by forming alliances but both the ruling and opposition alliances were unable to muster majority in the 275-member House of Representatives (HoR). This gave rise to widespread misgiving whether the country will again plunge into the political stability. However, with the formation of new government under the leadership Pushpa Kamal Dahal Prachanda, the country’s politics has taken a right course, ending all sorts of speculations and suspense. Post-election saw the collapse of the old coalition, led by Nepali Congress, and emerg
In a trend mirroring the global trends, foreign trade of the country has declined by 22 per cent during the first six months of the current fiscal year 2022/23, according to the Department of Customs. The International Monetary Fund (IMF), the maj
Many cases of measles, a transmissible viral disease infecting both children and adults, have lately been reported in some parts of Banke district, including the Nepalgunj Sub-metropolitan City.
As the country is still struggling to come to terms after the killing of 72 people in a crash of a plane belonging to the Yeti Airlines in Pokhara nine days ago, the public have vigorously raised concerns over the safety of air travel in Nepal. It was the worst domestic air accident the country ever faced. The scale of loss, shock and distress from the tragic accident is beyond im