Submit your Article

National Assembly Chairman Narayan Prasad Dahal paid a courtesy call on Prime Minister Sushila Karki at her official residence in Baluwatar today.

During the meeting, they held discussions on post-election review, running parliament sessions and other related topics, according to the Prime Minister's press advisor, Ram Bahadur Rawal.

Finance Minister Rameshwor Khanal has stressed the need to mobilize liquidity into the productive sector to build national capital.

Addressing a program marking the 36th anniversary of the Citizen Investment Trust (CIT), Minister Khanal said that there is plenty of liquidity in the banking sector due to falling interest rates and thus pressed for channelizing liquidity into the productive sector.

Highlighting the need to accelerate the large-scale infrastructure and long-term investment projects, Khanal informed that efforts are underway to promote mega projects such as Budhi Gandaki Hydropower Project through Public- Private Partnership (PPP) model. 

He viewed that the idle capital should also be mobilized into the productive sector. 

Stating that ongoing tensions in the Middle East region could disrupt Nepal's supply chain, the minister cautioned that the disruption could lead to inflation. Hence, he called for timely actions to reduce such risks.

Finance Minister Khanal noted, "At present, both the balance of payment and current accounts are in surplus and the government revenue has increased compared to previous fiscal year."

While economic indicators are improving, he highlighted the need to ensure that investors can easily access capital.

Calling for laws on alternative financing, he viewed that the taxation on various retirement funds should be reconsidered, including lowering taxes on similar type of income and social security funds. 

On the occasion, he lauded the notable business success achieved by the CIT at a time when many state-owned enterprises were facing operational challenges.

He advocated for seeking appropriate alternatives in accordance with the government's policy guarantee to recover loans provided by the Fund to the Nepal Airlines Corporations.

Minister Khanal suggested that the CIT should be aware about risk management while considering investments. He added that it is necessary to issue long-term bonds for assets-liability management of various retirement funds.

Madhes Province Chief Minister Krishna Prasad Yadav has said that 100 days of provincial government under his leadership remained significant. 

Making public the achievements made in the 100 days of Madhes Province government on Tuesday, CM Yadav asserted that the government was successful in working as per people's need and expectation in a short time. Noticeable reforms were made in the fronts of education, health, agriculture, infrastructure development and good governance, he added.

"Hospitals are upgraded with the management of necessary workforce and smooth supply of medicine. Teacher's management and expansion of technical education was in place for school sector reform," he shared, adding that grants to farmers, availability of chemical fertilizers, irrigation facility and speeding up of construction works like roads, bridges and drinking water projects were also worth mentioning.

In his opinion, the provincial government stressed good governance and transparency with the adoption and expansion of the digital system. 

Skill-oriented training was provided to foster self-entrepreneurship, Yadav stated during a press meet on Tuesday. 

He vowed to work effectively for the betterment of people and province in the days ahead.

Vice President of the Rastriya Swatantra Party (RSP) Dol Prasad Aryal has urged the party’s newly elected lawmakers to fulfill their responsibilities while maintaining the civic trust and confidence placed in them.

Addressing an orientation and introduction program organized by the party for its newly elected lawmakers, Aryal echoed the need for both the party and its representatives to work in the best interests of the nation and its people.

“It is necessary to form a government that can deliver effectively so that citizens can truly feel the presence of the state, end corruption, and establish good governance. Political parties that held state power for a long time are now facing consequences due to their past wrongdoings. This has made our party and the people's representatives more responsible and accountable to citizens,” he said.

Another Vice President, Swarnim Wagle, stressed the need for preserving public trust by respecting and safeguarding the mandate given by voters. 

He added that the party had received a significant level of public support, reflecting strong faith from the electorate.

“Establishing a functional and accountable system is one of the core commitments of our party. The people’s mandate is sufficient for us to act, and we are obliged to deliver with honesty,” he stated.

Wagle also urged party lawmakers to carry out their legislative duties responsibly, recognize the significance of the public mandate, prioritize public concerns, and raise their voices if the party becomes involved in any wrongdoing.

According to the party’s General Secretary, Kabindra Burlakoti, the program aimed to familiarize newly elected lawmakers with parliamentary practices, legislative procedures, policy formulation, and the roles of parliamentary committees.