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

Parliamentary committee calls for establishing ‘project bank’

CEO TAB by CEO TAB
May 5, 2020
in Prime News
0
free-electricity-goverment
74
SHARES
1.2k
VIEWS
Share on FacebookShare on Twitter

May 5 : The Development and Technology Committee under the House of Representatives has called attention of the government to develop the system of selection of projects based on necessity and appropriateness by setting up a ‘project bank’.

You might also like

Gold and Silver Prices Decline in Nepal on Monday

Oil Prices Surge After Hormuz Strait Disruption Amid Escalating Middle East Conflict

Government Temporarily Halts Mandatory Licensed Company Requirement for High-Value Property Deals

The Federal Parliament’s lower house committee meeting yesterday made this suggestion in the view of the need of formulating a smaller size budget for the next fiscal year owing to the adverse impact of COVID-19 on the national economy. Most of the committee members in the meeting suggested the government to develop a system of selecting infrastructure development projects on the basis of policy and process rather than on ‘influence’ and ‘proximity’ to power.

The committee members underscored the need to make the programme of constructing one strategic road in every election constituency effective. They underlined the need of selecting the development projects in a balanced and acceptable way to make them result-oriented even with limited resources and budget. The lawmakers demanded that the budget should be allocated to meet the demands of the people and not a particular ‘minister’ or ‘lawmaker’. They suggested budget allocation by keeping the national pride projects and the ongoing multi-year projects in priority. The meeting held discussions on the plans of the Ministry of Physical Infrastructure and Transport for the fiscal year 2020/2021.

On the occasion, Physical Infrastructure and Transport Minister Basanta Kumar Nembang said the infrastructure projects have been badly affected by the impact of COVID-19 and priority would be accorded in the next fiscal year’s budget to projects of national pride, strategic importance and ongoing multi-year infrastructure projects. RSS

Share30Tweet19
CEO TAB

CEO TAB

Recommended For You

Gold and Silver Prices Decline in Nepal on Monday

by CEO Tab
March 9, 2026
0
NRB sells gold and silver coins for upcoming Tihar

Gold and silver prices fell in the Nepali market on Monday compared to the previous day. According to the Federation of Nepal Gold and Silver Dealers’ Association, the...

Read more

Oil Prices Surge After Hormuz Strait Disruption Amid Escalating Middle East Conflict

by CEO Tab
March 9, 2026
0
Petroleum drilling faces snag as machine snaps against hard rock

Global oil prices have surged sharply after the intensifying conflict in the Middle East caused a complete disruption in the Strait of Hormuz, one of the world’s most...

Read more

Government Temporarily Halts Mandatory Licensed Company Requirement for High-Value Property Deals

by CEO Tab
March 9, 2026
0
Real Estate Transactions in Nepal Plummet Further After Gen Z Movement

The government has temporarily suspended the rule requiring property transactions exceeding Rs 30 million to be conducted through licensed companies in metropolitan and sub-metropolitan areas. The Department of...

Read more

Nepal Sees Slight Drop in Food Imports as Government Revenue Declines

by CEO Tab
March 9, 2026
0
‘No shortage of food grains during rainy season’

Nepal recorded a modest decline in food imports during the first seven months of the current fiscal year (FY) 2025/26, according to data released by the Department of...

Read more

Gold and Silver Prices Increase Today

by CEO Tab
March 1, 2026
0
NRB sells gold and silver coins for upcoming Tihar

The price of gold and silver has increased today. The price of gold rose by NPR 5,600 per tola. According to the Federation of Nepal Gold and Silver...

Read more
Next Post
Workers unions warn to launch protests against hotel owners

Workers unions warn to launch protests against hotel owners

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.