CEO Tab
  • Home
  • Prime News
  • International Market
  • Special Report
  • Corporate
  • Opinion
  • Next Gen
  • Entertainment
No Result
View All Result
CEO Tab
  • Home
  • Prime News
  • International Market
  • Special Report
  • Corporate
  • Opinion
  • Next Gen
  • Entertainment
No Result
View All Result
CEO Tab
No Result
View All Result
Home Prime News

Government introduces new provisions for land lease hold

CEO Tab by CEO Tab
July 10, 2022
in Prime News
0
Government introduces new provisions for land lease hold

This image shows the Ministry of Land Management, Cooperatives and Poverty Alleviation in Singha Durbar, Kathmandu.

74
SHARES
1.2k
VIEWS
Share on FacebookShare on Twitter

The government has introduced new provisions in regard to giving land owned by the government on lease for up to 40 years.

You might also like

Nepal Secures Over Rs 57 Billion in FDI Commitments in First Ten Months of FY 2024/25

Rampant Cross-Border Smuggling Drains Revenue Amid Collusion at Customs Points

Nepal’s Capital Expenditure Remains Disappointingly Low with Just Two Months Left in Fiscal Year

The government has issued an action plan relating to the registration and utilisation of public land and providing on lease, 2079 BS in the Nepal Gazette.

According to the new provisions, foreign diplomatic missions and UN-affiliated bodies in the country, inter-governmental organisations, universities, board committees or other autonomous organisations established under the provincial government or local levels and any organisation registered in the Federal government, provincial government or the local level will be eligible for acquiring land on contract. More, the land can be given to an individual as well.

The period of the lease will be for five years (short-term), 15 years (mid-term) and 40 years (long-term).

Any organisation meeting criteria for demanding the landlease or any interested individual should apply for it and the application charge is Rs 5,000.

The work procedures require statements justifying reasons for demanding the land on lease and an action plan as well.

Moreover, recommendations from the respective local level executives, recommendations from the Ministry of Foreign Affairs in case of foreign diplomatic missions and UN-affiliated intergovernmental organisations are necessary to proceed with getting the land on lease.

In addition to this, the recommendation of the District Disaster Management Committee stating that it does not need the land for disaster management is also demanded by the procedure.

There will be a recommendation committee coordinated by Chief District Officer (CDO) to make recommendations for the use or lease of government land.

Share30Tweet19
CEO Tab

CEO Tab

Recommended For You

Nepal Secures Over Rs 57 Billion in FDI Commitments in First Ten Months of FY 2024/25

by CEO Tab
May 16, 2025
0
FDI commitment declined 60% during five months

Nepal has received foreign direct investment (FDI) commitments totaling over Rs 57 billion in the first ten months of the current fiscal year 2024/25, according to data released...

Read more

Rampant Cross-Border Smuggling Drains Revenue Amid Collusion at Customs Points

by CEO Tab
May 16, 2025
0
Rampant Cross-Border Smuggling Drains Revenue Amid Collusion at Customs Points

Cross-border smuggling of goods has been intensifying in Nepal, largely due to collusion between customs officials and Nepal Police, leading to significant revenue leakage. A recent report by...

Read more

Nepal’s Capital Expenditure Remains Disappointingly Low with Just Two Months Left in Fiscal Year

by CEO Tab
May 16, 2025
0
mahalekha-auditor-genera

With only two months remaining in the current fiscal year, the government has managed to spend just 34.16 percent of its capital budget, highlighting persistent inefficiencies in development...

Read more

Government Arrears Climb to Rs 733.19 Billion Amid Rising Irregularities in FY 2023/24

by CEO Tab
May 16, 2025
0
Both cost and time of national pride projects increase

Government's arrears have reached Rs 733.19 billion, reflecting a significant increase of Rs 91.59 billion in the fiscal year 2023/24. According to the 62nd annual report of the...

Read more

Nepal’s Life Insurance Coverage Reaches Record High at 44.64%

by CEO Tab
May 14, 2025
0
NIA curbs on investment of reinsurance companies

Life insurance coverage in Nepal has reached a record high of 44.64 percent of the population, according to the Nepal Insurance Authority (NIA). As of mid-April 2025, this...

Read more
Next Post
Though arable land left uncultivated at home, exodus of youths continues for foreign jobs

It is necessary to make foreign employment safe: Labor Minister

Browse by Category

  • Corporate
  • Entertainment
  • Featured
  • International
  • Major Story
  • Next Gen
  • Opinion
  • Prime News
  • Special Report
  • Tete – A – Tete

EDITOR

Manish Raj Poudel
info@ceotab.com
9841317747


PUBLISHED BY

Welcome Group
www.welcomeadnepal.com

Publisher

www.ceotab.com is a premium news portal being run by Welcome Group. The website features quality business/economic news contents,  in-depth profiles of companies, stories of struggle and success of entrepreneurs, articles that assess various dimensions of  the commerce, trade and economy.

Editor

Manish Raj Poudel

info@ceotab.com

9841317747

Sub-Editor

Riza Poudel

poudelriza@gmail.com

Archives

© 2023 CEO Tab. All rights reserved.

No Result
View All Result
  • Home
  • Prime News
  • International Market
  • Special Report
  • Corporate
  • Opinion
  • Next Gen
  • Entertainment

© 2023 CEO Tab. All rights reserved.