House endorses Banks and Financial Institutions Bill
The Legislature-Parliament meeting endorsed the bill related to Bank and Financial Institution-2073 BS with majority votes on Tuesday, January 10, 2017. RSS
The Legislature-Parliament meeting today endorsed the bill related to Bank and Financial Institution-2073 BS with majority votes.
Earlier, Minster for Finance Krishna Bahadur Mahara had tabled the bill in the parliament seeking its approval.
While responding the queries of lawmakers, Mahara said that the bill was tabled aimed at making the banking activities transparent and of international standards. He added that with the endorsement of the bill, the national economy will be improved and the risk seen in the banking transactions would be controlled.
The bill has the provision of qualification and the tenure of the board members of the financial institutions.
Earlier, lawmakers Prem Suwal, Dr Subodh Pokharel and Chudamani BK Jangali had sought clarification from Mahara in this regard.
Similarly, Minister for Commerce Romi Gauchan Thakali tabled the trade facilitation agreement in the meeting.
The next meeting of the Parliament is scheduled for 1 pm on January 13. RSS
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The Doklam dilemma
Being a buffer state between the two giant neighbors, Nepal should conduct its foreign policy vis-à-vis China and India in a very sensitive manner. Nepal has always maintained that it would not allow its soil to be used against any neighbor. At the same time, Nepal should make sure that its own national interests are never compromised.
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Effect of monetary policy on risk, stability and financial crises
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The return trip
It took us over five hours, drenched in rain, walking through treacherous ratomato sluggishly. It should not have taken more than two hours in a normal day. It was the cruellest irony that no sooner did we reach Panchkhal and sat at the Pipal Chautari to rest, than the bus we had left behind, arrived with people in the bus bursting with laughter on seeing us.
Prospects for Nepali talents in the Diaspora
When Indu, a Nepali American teen studying in Virginia, asked Panta whether she could inspire Nepali youngsters into music industry and convince their parents to consider Nepali music as a path to professionalism, the female heartthrob of Nepali music could not fully convince her.
Traffic Police in Kathmandu
As busy and hassling as the traffic system in Kathmandu is, the Traffic Police here have to handle an equally strenuous job. Over 1,400 traffic officers in and around the Kathmandu Valley battle against the pestering traffic and air pollution each day.
Menstrual taboo outdated
I have seen my sisters and friends isolated and treated in discriminatory manner during their first menstruation cycle. They were not allowed to look at the sun, to touch water source, flower, fruits, any male family member, nor even hear their voice. The activist may claim the situation has changed and I do agree but still during every month my loved ones turns into untouchables beings.