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Bimala Ghimire of the CPN-UML has been elected as the vice-chairperson of the National Assembly.

Ghimire got 39 votes while Bishnu Devi Pudasaini was limited to 16 votes.  

After Ghimire got the majority, National Assembly Chairman Narayan Prasad Dahal announced that she was elected as the vice-chairperson of the National Assembly.

As many as 55 lawmakers took part in the election process.

Pudasaini was proposed by Durga Gurung of the Nepali Congress while Ghimire was proposed by Bhagwati Neupane.

The post had been vacant after National Assembly Vice-Chair Urmila Aryal tendered her resignation on March 28.

After the formation of a new political equation under the leadership of the UML, an agreement was reached among UML Chairman KP Sharma Oli, CPN (Maoist Center) Chairman Pushpa Kamal Dahal, Rastriya Swatantra Party President Rabi Lamichhane and Janata Samajbadi Party Chairman Upendra Yadav to give National Assembly chair to Maoist Center and vice-chair to UML.

As per the agreement, Narayan Prasad Dahal of the Maoist Center was elected as the National Assembly chair on March 12.

In the 59-member strong upper house, Maoist Center has 18 members, Congress 16, UML 10, CPN (Unified Socialist) eight, Janata Samajbadi Party three, Loktantrik Samajbadi Party one and Janamorcha has one lawmaker.  

Meanwhile, Narayan Prasad Dahal and Bamdev Gautam are the nominated members.

Speaker Devraj Ghimire has called a meeting of the House of Representatives for April 14.

After Speaker Ghimire tried to run the meeting of the Parliament today, the main opposition Nepali Congress, Rastriya Prajatantra Party and Loktantrik Samajbadi Party lawmakers chanted slogans and obstructed the meeting.

Following the obstruction, the Speaker announced the termination of today's proceedings and summoned the next meeting for 2 pm on April 14.

The Congress has been demanding the formation of a parliamentary probe committee to investigate cooperative fraud charges against Deputy Prime Minister and Minister for Home Affairs Rabi Lamichhane.

The party has been saying that it would not allow the House to proceed with its business until the parliamentary probe committee is formed.

Prime Minister Pushpa Kamal Dahal said that the government was committed to accelerate the country's economic transformation by boosting the morale of entrepreneurs and investors.

Addressing the 58th annual general assembly of the Federation of Nepalese Chambers of Commerce and Industry (FNCCI) today, PM Dahal reiterated that the government had prioritized healthy and strong regulation of the financial system and to create an enabling environment for the private sector to work with high morale.

Urging all organizations and representatives of private sectors to proceed with high morale, the PM underscored a strong unity among the government and private sector to address the concerns and demand of the entrepreneurs and investors. 

Stating that the private sector had been playing a leading role in bolstering production, job creation and increasing investment, the Head of the State said that the three-tier government had been coordinating with the private sector in formulation of policies, programs and budget.

He observed that Nepal was focused at achieving Sustainable Development Goals (SDGs) by 2030, upgradation from the least developed country to developing country's status by 2026 and achieving balanced development and prosperity. He called for expansion of investment from both the government and private sector to achieve these set goals.

Furthermore, PM Dahal informed that the government was moving ahead with concrete homework and preparations to make the upcoming Investment Summit effective and result-oriented.

"There are plenty of challenges and limitations in our policies, laws, thinking, structure and working style to create a favorable climate for investment and attract investment," he admitted.

According to him, the government was prepared to consider an amendment in the laws by introducing ordinance if need be and to put in place simplified policies and procedures to attract investment."

Noting that the internal and external indicators of the economy are on a positive trend, PM Dahal said it is a matter of happiness that the primary economic indicators are improving thanks to the harmony between the financial and monetary policies and the strong private sector collaboration.

He added that still the economy remains to achieve the expected level of progress in tandem with the national aspirations and needs.

"The government is committed to forge ahead with additional commitment to expedite the process for improving the economy," he said.

Stating that the government has, from this year revised the policy, modality and the schedule related to the budget by bringing a bill with the realization that the country's prosperity and transformation was not possible with the traditional form of policy, program and budget, Prime Minister Dahal hoped that this time intensive discussions and interaction will be held among the people's representatives, industrialists and businesspersons, intellectuals and the general public on the government's policies and programs.

"The government shall formulate scientific policy-programs and budget even in the midst of unlimited aspirations and limited means and resources. I consider this as an important base point of a new break from the past in the economic sector," he reiterated.

The PM said that the upcoming policy-programs and budget should stress on production growth, employment generation and on promotion of agriculture-based industries. "We used to see from the instances of other countries that the achievements of other sectors of the economy would not be sustainable if domestic production and employment do not increase. Now we are ourselves experiencing the same. This problem would be addressed this time," he further added.

Prime Minister Dahal said the government is doing homework to orient the unspent project budget that is accumulated at one place towards strengthening the economy and transferring it to the projects capable of spending it. RSS

The Election Commission (EC) has enforced the election code of conduct for the April 27 by-elections announced for the Ilam constituency-2 and the Bajhang Province Assembly 1(A).

The House of Representatives (HoR) by-election is taking place in Ilam and the Provincial Assembly election in Bajhang.

The election code of conduct aims to ensure that the elections will be held in a free, fair, safe, and credible atmosphere, it is said.

 According to EC Spokesperson Shaligram Sharma Poudel, the election code of conduct is applied to political parties, election candidates, sister, and other affiliated organizations, and all the stakeholders and its violation is punishable by law. It has also set limits for the election expenditures for political parties and the candidates.

The pre-election campaign which includes the publicity campaign, rallies, mass meetings, corner meetings, other gatherings, and the use of the means of transport and media shall be in line with the provisions mandated by the code of conduct.