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

MoCIT secures 64 percent progress in first quarter

CEO TAB by CEO TAB
November 25, 2019
in Prime News
0
MoCIT secures 64 percent progress in first quarter
74
SHARES
1.2k
VIEWS
Share on FacebookShare on Twitter

Kathmandu, November 25: Ministry of Communications and Information Technology (MoCIT) and its subordinate bodies reviewed the progress they made in the first quarter of the current fiscal year. It was shared in the review meeting that the Ministry and subordinate bodies secured 64 per cent progress in the first four months of the ongoing fiscal year.

You might also like

Proposed Company Law Amendment May Force Large FDI Firms to Go Public

Bird Flu Detected in 82 Locations Across 11 Districts; Kathmandu Valley Emerges as Hotspot

Government Considers Allowing Companies to Issue Shares Below Rs 100 Face Value

Joint Secretary at the Ministry Radhika Aryal shared this information at the review and the meeting of the ministry level development problem solution committee on Sunday (Nov 24). Aryal further said out of the total budget allocation (Rs 1.78 billion under current expenditure, Rs 678 million under the capital expenditure), the Ministry achieved 84 per cent progress under the current and 10.71 under the capital expenditure this quarter.

The budget arranged from the internal source of the Ministry and subordinate bodies is Rs 23.61 billion. According to her, the budget allocated on a quarterly basis to Gorkhapatra Corporation was released in lump sum, which contributed to the Ministry’s 99.5 per cent financial progress. Various other information relating to the Ministry activities as publication of Advertisement Act in gazette, formation of Mass Media Act were shared at the programme.

Aryal informed that works such as valuation of the properties, structure recommendation, organization and management survey were forwarded to transform Radio Nepal and Nepal Television into public service broadcasters. According to the Ministry, the National Satellite Policy-2076 BS was already ready and the Digital Nepal Framework was approved from the Council of Ministers. It was shared that survey for establishing the Advertisement Board was conducted while preliminary draft of the national frequency determination plan and policies was ready over this period.

Furthermore, it was told that broadband internet services were expanded to 31 municipalities; postal air service initiated in the remote areas, local production guide prepared for promotion of cinema tourism and 4G expanded to 50 of 77 districts.

The meeting held under the chairmanship of Minister for Communications, and Information Technology Gokul Banskota, the chief and representatives of the National Information Commission, Department of Postal Service, Department of Printing, Department of Information and Broadcasting, Nepal Copyright Registrar’s Office, Department of Information and Technology, Nepal Telecommunications Authority, Nepal Telecom Authority had presented the progress report of the first four months of the current fiscal year.

Similarly, National News Agency (RSS), Nepal Television, Gorkhapatra Corporation, Radio Nepal, National Information Technology Centre, Security Printing Centre, Film Development Board, Minimum Wages Determination Committee presented their progress reports.

Share30Tweet19
CEO TAB

CEO TAB

Recommended For You

Proposed Company Law Amendment May Force Large FDI Firms to Go Public

by CEO Tab
June 24, 2026
0
Proposed Company Law Amendment May Force Large FDI Firms to Go Public

The government has proposed major changes to Nepal’s corporate sector by making it mandatory for foreign direct investment (FDI)-based companies with investments of Rs 500 million or more...

Read more

Bird Flu Detected in 82 Locations Across 11 Districts; Kathmandu Valley Emerges as Hotspot

by CEO Tab
June 24, 2026
0
Bird Flu Detected in 82 Locations Across 11 Districts; Kathmandu Valley Emerges as Hotspot

Bird flu has been confirmed in 82 locations across 11 districts of Nepal, with the Kathmandu Valley emerging as the country's main hotspot, according to the Department of...

Read more

Government Considers Allowing Companies to Issue Shares Below Rs 100 Face Value

by CEO Tab
June 24, 2026
0
Government Considers Allowing Companies to Issue Shares Below Rs 100 Face Value

The government is considering a major reform in Nepal's capital market by allowing public limited companies to issue primary shares with a face value lower than the current...

Read more

Nepal Partially Reopens Registration of Public Transport Vehicles

by CEO Tab
June 23, 2026
0
Nepal Partially Reopens Registration of Public Transport Vehicles

The Department of Transport Management (DoTM) under the Ministry of Physical Infrastructure and Transport has partially lifted its indefinite suspension on the registration of public transport vehicles. According...

Read more

Nepal’s Foreign Trade Expands by 14.78%, Trade Deficit Widens Further

by CEO Tab
June 23, 2026
0
Nepal’s Foreign Trade Expands by 14.78%, Trade Deficit Widens Further

Nepal's total foreign trade increased by 14.78 percent during the first eleven months of the current fiscal year 2025/26 (2082/83 BS), reaching Rs 2.172 trillion, according to the...

Read more
Next Post
SDG resource centre comes into operation

SDG resource centre comes into operation

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

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.