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The main opposition Nepali Congress said that discussions are being held with parties about the power equation.

"It is not strange that the Congress being the largest party should lead the government. The party leadership is holding discussions with various parties about the same," party spokesperson Prakash Sharan Mahat said.

Mahat said so while the issue of forming a Congress-CPN-UML alliance is being discussed.

Earlier on Saturday, Congress President Sher Bahadur Deuba and UML Chairman KP Sharma Oli held a meeting at Balkot.

After the meeting, this has become a hot issue in the country.

The Finance Ministry has disbursed Rs 35 million for the treatment of people suffering from chronic illness.

Finance Minister Barshaman Pun approved a file for the disbursement of the amount for kidney patients, dialysis patients, cancer patients and spinal paralysis patients.

The patients have been getting Rs 5, 000 per month as per the procedure pertaining to treatment expenses 2078.

The local levels from across the country had demanded the amount through the Health Ministry.

The Finance Ministry said that the amount was released from the budget of current fiscal year.

The amount will be deposited in the patients bank account through the local level.

Indian Ambassador to Nepal Naveen Srivastava and Lomanthang Rural
Municipality Chairman Tasi Nharbu Gurung laid a foundation stone for the construction of dormitory building for Lowo Nyiphug Namdrol Norbuling Monastic Schoo.

The dormitory is being built with the Government of India’s financial assistance at the project cost of Rs 41.40 million under ‘Nepal-India Development Cooperation’.

Political representatives, government officials, social workers, representatives of the Monastic school management were also present on this occasion, reads a statement issued by the Indian Embassy in Kathmandu. 

The Government of India grant under ‘Nepal-India Development Cooperation’ is being utilized for the construction of two floors dormitory building with other facilities for this Monastic school.

The project is taken up as a High Impact Community Development Project (HICDP), under an agreement between the Government of India and Government of Nepal.

This project is being implemented through Lomanthang Rural Municipality, Mustang. The project is an important example of the robust development partnership between India and Nepal, according to the statement.

Chairman, Lomanthang Rural Municipality and Chairman, Lowo Nyiphug Namdrol Norbuling Monastic School and political representatives in their remarks appreciated the continued developmental support of the Government of India in upliftment of the people of Nepal in priority sectors.      

The new building would be useful in providing better education and accommodation facilities to the students of Lowo Nyiphug Namdrol Norbuling Monastic School in Lomanthang Rural Municipality, Mustang and would create an improved environment for learning as well as contribute to the development of the education and religious care and helping in preserving their culture and tradition in this region. 

Since 2003, the Government of India has taken up over 551 HICDPs in Nepal in various sectors and has completed 490 projects.

Amongst these, 59 projects are in Gandaki Province in various sectors, including         17 projects in Mustang.

In addition to these,the Government of India has gifted 1009 ambulances and 300 school buses to various hospitals, health posts and educational institutions in Nepal.  

Amongst these, 119 ambulances and 40 school buses have been gifted in Gandaki Province, including 11 ambulances and five school buses provided in Mustang district. 

As close neighbours, India and Nepal share wide-ranging and multi-sectoral cooperation.

 The implementation of HICDPs reflects the continued support of the Government of India in bolstering the efforts of the Government of Nepal in upliftment of its people, augmenting infrastructure in the field of priority sectors.  
 

President Ram Chandra Paudel has left for Switzerland this evening to attend the inaugural Forum of the Global Coalition for Social Justice that will take place during the High-level Segment of the 112th Session of the International Labor Conference.

 Vice President Ramsahaya Prasad Yadav, Prime Minister Pushpa Kamal Dahal, deputy prime minister, ministers and high-ranking government officials had reached Tribhuvan International Airport to bid farewell to President Paudel.

The Ministry of Foreign Affairs has shared in a press statement that President Paudel will address the inaugural Forum of the Global Coalition for Social Justice on June 13.

Paudel is scheduled to hold bilateral talks with his Swiss counterpart Viola Amherd on June 12.

Similarly, President Paudel will leave Geneva for Berlin on June 15 for an official visit to Germany at the invitation of German President Frank-Walter Steinmeier.

Paudel is scheduled to hold official talks with his German counterpart on June 17, the Ministry added.

The President's spouse Sabita Paudel has  accompained the President during the visit.

He will return home in June 19.

Students of Mahendra Morang Adarsha Multiple Campus set a government vehicle on fire on Sunday.

The vehicle was torched in front of the gate of the campus.

The students torched the vehicle (Ko 1 Jha 644) this morning.

Police said that a fire engine has been called to put off the fire.

Further investigation into the incident is underway, said police.

Nepal succumbed to a six-wicket defeat against the Netherlands in their first ICC T20 World Cup match on Tuesday.

Chasing the target of 107 runs set by Nepal, the Netherlands made 107-4 with nine balls to spare.

Max O' Dowd scored highest 54 runs for the Netherlands, Vikramjit made 22 runs and Sybrand 14 runs.

Sompal Kami, Dipendra Singh Airee and Abhinas Bohora took one wicket each for Nepal.

Earlier, Nepal, who were invited to bat first after losing the toss, scored a paltry 106 runs in 19.2 over losing all the wickets.

Captain Rohit Paudel top scored for the team with 35 runs off 37 balls hitting five fours.

Similarly, Karan KC contributed 12 runs off 17 balls and Gulsan Jha made 15 runs off 14 balls.

Likewise, Anil Sah added 11 runs to the scoreboard while other batters failed to score in double digit.

The CPN (Unified Socialist) quit the Madhes Province government on Tuesday.

The CPN (US) withdrew the support extended to Chief Minister Saroj Kumar Yadav by recalling its ministers.

Parliamentary Party leader Govinda Neupane, who was appointed as the minister from the CPN (US) and the state minister submitted their resignations to Chief Minister Yadav today.

CPN (US) Chairman Madhav Nepal was in a dilemma whether to stay in the government or not.

Chief Minister Yadav is scheduled to seek a vote of confidence tomorrow.

The Nepal Stock Exchange (NEPSE) gained 3. 93 points to close at 2,113. 27 points on Monday.

The sensitive index, however,  surged dropped by 0. 20 points to close at 378. 92 points.

A total of 9,330,295-unit shares of 317 companies were traded for Rs 3. 89 billion.

Meanwhile, Muktinath Krishi Company Limited (MKCL) and Nepal Warehousing Company Limited (NWCL) were the top gainers today, with their price surging by 10. 00 percent.

Likewise, Buddha Bhumi Nepal Hydropower Company Limited (BNHC)was the top loser as its price fell by 10 percent.

At the end of the day, total market capitalization stood at Rs 3. 35 trillion.