Government decides to provide Rs 7 billion loan to NOC

The government has decided to grant a loan of Rs 7 billion to Nepal Oil Corporation (NOC) to ease the supply of petroleum products.

During a press conference organized in Singha Durbar to make public the decisions of the Cabinet, government spokesperson Gyanendra Bahadur Karki said that the government has decided to provide Rs 7 billion to the NOC as it has outstanding dues to be paid to the Indian Oil Corporation.

Similarly, the government has also decided to provide Rs 598. 6 million, the amount which was adjusted as infrastructure tax on petroleum products, as a subsidy to the Nepal Oil Corporation.

Likewise, the meeting has decided to appoint Pradeep Sharma Paudel as the Executive Director of the National Information Technology Center.

Government decides to provide Rs 7 billion loan to NOC

The government has decided to grant a loan of Rs 7 billion to Nepal Oil Corporation (NOC) to ease the supply of petroleum products.

During a press conference organized in Singha Durbar to make public the decisions of the Cabinet, government spokesperson Gyanendra Bahadur Karki said that the government has decided to provide Rs 7 billion to the NOC as it has outstanding dues to be paid to the Indian Oil Corporation.

Similarly, the government has also decided to provide Rs 598. 6 million, the amount which was adjusted as infrastructure tax on petroleum products, as a subsidy to the Nepal Oil Corporation.

Likewise, the meeting has decided to appoint Pradeep Sharma Paudel as the Executive Director of the National Information Technology Center.

Deputy Speaker Bhusal takes oath of office and secrecy (In pictures)

Newly elected Deputy Speaker of the House of Representatives Pushpa Bhusal took the oath of office and secrecy on Sunday.

President Bidya Devi Bhandari administered the oath of office and secrecy to Bhusal amidst a function organized in Sheetal Niwas this afternoon.

Vice-President Nanda Bahadur Pun, Prime Minister Sher Bahadur Deuba, National Assembly Chairman Ganesh Timilsena and ministers among others were present in the program.

Bhusal was elected to the post by defeating Bidhya Bhattarai of CPN-UML on Friday.

Maoist Centre Chair Dahal, BJP President Nadda hold meeting

CPN (Maoist Centre) Chairman Pushpa Kamal Dahal, who is on a three-day visit to India, held a meeting with Bharatiya Janata Party (BJP) President JP Nadda at the BJP's central office in New Delhi on Sunday.

During the meeting, the duo discussed bilateral ties between Nepal and India.

Minister for External Affairs S. Jaishankar was also present in the meeting.

Earlier on Friday, Dahal met Minister for External Affairs S. Jaishankar and Ajit Doval, National Security Advisor to Indian Prime Minister Narendra Modi among others.

He left for India at the invitation of Nadda on Friday.

Dahal is scheduled to return home today.