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Summer cereal crops’ production projected to drop

The production of summer cereal crops is projected to fall by 5.63 per cent this year due to the unfavourable monsoon and the shortage of chemical fertilisers caused by the protest in the Tarai, which has hit the production of major cereal crop paddy. The production of summer cereal crops paddy, maize, millet and buckwheat is forecast to decline by 408,629 tonnes this fiscal as compared to t...

G2G talks with China will expedite commercial pact for fuel imports

Nepal is facing acute shortage of petroleum products as well as other essential commodities for the past last three months. The shortage has given birth to a thriving black market. Commercial agreement with China to import petroleum products, which is expected to normalize fuel crisis, is also being delayed. Sujan Dhungana of Republica talked with Minister for Commerce and Supplies Ganesh Man Pun ...

Govt to construct three more fuel depots in nation

The government is planning to construct fuel storage facilities in Panchkhal of Kavre, Trishuli of Nuwakotand Khaireni in Tanahun soon. Under Secretary at the Ministry of Commerce and Supplies Shiva Prasad Tripathi said each facility would have the storage capacity of 6,000 kilolitres of petrol. He added that the Chinese government has been approached for constructing the fuel storage faciliti...

Indian transporters start shipment to Nepal

Indian transporters have started shipping power transformers to Nepal from the Kolkata Port since Thursday, after a halt of more than a week due to payment issues. The transporters had been halting the shipments, citing Nepali importers failure to settle freight and other dues. They have now agreed to release containers of those importers who have regularly paid the charges. We had requested the...

Paddy production dropped by 20 percent in Mahottari

The paddy production in Mahottari district has been dropped by 20 percent in comparison to the last year. 75,000 metric tons of paddy was produced in 35,625 hectares of land this year in comparison to 93750 metric ton in 37,500 hectares of land last year, Chief of District Agriculture Office Sukeshwor Jha said. The production has been dropped by 20 percent in comparison to last year, he said...

Construction works of five hydropower projects obstructed for lack of petroleum products
Source: RSS

Construction works of five hydropower projects obstructed for lack of petroleum products

Construction works of five hydropower projects have been obstructed for lack of petroleum products following Tarai banda for the past three months and unannounced border blockade imposed by India. The construction works of 50-MW Upper Marsyangdi A hydropower project, 3-MW Lower Midim Hydropower project, 28-MW Super Dordi hydropower project, 49-MW Lower Dordi hydropower project and 25-MW Upper ...

NOC brings 40,000 lt of aviation fuel thru private sector

KATHMANDU: Nepal Oil Corporation, for the first time, has brought some 40,000 litres of air fuel through private sector. A private company come up with international competition, Petrolimax Nepal, brought the aviation fuel by Jordan Air from Lucknow, India, on Thursday. Following the Indias undeclared blockade, the NOC had opened an international bid on importing the aviation fuel ...

39 fuel carrying vehicles enter via Jogbani

MORANG: A total of 39 fuel-laden tankers have entered Nepal via Jogbani point in Biratnagar on Thursday amid Indias unofficial blockade. Officer of the Biratnagar Customs Office, Rajendra Dhungana, said that 27 tankers carrying diesel and 12 tankers of petrol entered Nepal from early morning to till night on Thursday. Dhungana also said that 149 goods loaded vehicles also arrived in Nepal on...

Permanent mechanism for addressing crises suggested
Source: RSS

Permanent mechanism for addressing crises suggested

KATHMANDU: Experts have suggested a permanent mechanism for fighting the current crisis and also for addressing long-term problems. They have recommended setting up a permanent mechanism -- of at least joint-secretary level and including the Finance, Foreign and Commerce and Supplies Ministries -- to facilitate and fast-track intergovernmental cooperation. Speaking at an interaction organized b...

Flourishing informal economy worries FinMin

KATHMANDU: Minister for Finance Bishnu Prasad Paudel has expressed worries about informal economy that is flourishing in the lead up to the Tarai unrest and subsequent economic blockade imposed by India. Addressing a program organized by Society of Economic Journalists Nepal (Sejon) in the capital on Tuesday to mark its 18th Annual Day, Paudel warned that black economy would be difficult to tam...

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