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

Preparations on for management contract of NAC

CEO Tab by CEO Tab
January 24, 2024
in Prime News
0
Nepal Airlines begins commercial flight from GBIA

Nepal Airlines Corporation's 158-seater aircraft at Gautam Buddha International Airport in Bhairahawa, Rupandihi district, on Tuesday, June 15, 2023. Photo: RSS

74
SHARES
1.2k
VIEWS
Share on FacebookShare on Twitter

The government is preparing to opt for management contract of the national flag carrier Nepal Airlines Corporation (NAC).

You might also like

Prime Minister Defends Electricity VAT, Says Revenue Will Fund Power Infrastructure Upgrades

Government Unveils Major Reforms to Attract Foreign Investment and Boost Business Confidence

Nearly 40 Percent of Kathmandu Cooperatives Fail to Meet Good Governance Standards

Minister for Culture, Tourism and Civil Aviation Sudan Kirati said that processes have been advanced for the management contract of the NAC for its restructuring. At a meeting of the International Relations and Tourism Committee of the House of Representatives (HoR) on Tuesday, Minister Kirati said, “We are preparing to go for this system as we are required to embrace management contract of Corporation’s restructuring.”

The Ministry has already sent a proposal for management contract at the cabinet. “A decision will be held soon on this agenda,” he shared. Minister Kirati argued that reforms in the NAC were inevitable through management contract based on the studies and recommendations from the stakeholders. Since the management contract modality has generated good results in different countries, this model could be appropriate in Nepal too, he claimed.

On the occasion, Minister Kirati shared that the Ministry has drawn a conclusion that the NAC cannot be run in the existing situation and the plans were prepared to run the organization by bringing about structural reforms. On the occasion, lawmaker Udaya Shumsher JBR said that the NAC’s presence should be made robust in the international market even by adding more aircrafts.

Likewise, lawmaker Dr Dhawal Shumsher JBR said that the NAC’s management contract was appropriate but it should advance only on the basis of relevance. However, lawmaker Prem Suwal opposed the idea of management contract of NAC and called for all to become responsible to reform the existing status of NAC.

Share30Tweet19
CEO Tab

CEO Tab

Recommended For You

Prime Minister Defends Electricity VAT, Says Revenue Will Fund Power Infrastructure Upgrades

by CEO Tab
June 1, 2026
0

Prime Minister Balendra Shah has defended the government’s decision to impose a value added tax (VAT) on electricity consumption, stating that the additional revenue will be used to...

Read more

Government Unveils Major Reforms to Attract Foreign Investment and Boost Business Confidence

by CEO Tab
June 1, 2026
0
Government Unveils Major Reforms to Attract Foreign Investment and Boost Business Confidence

The government has announced a series of legal and procedural reforms aimed at making Nepal a more attractive destination for foreign investment while improving the overall business environment....

Read more

Nearly 40 Percent of Kathmandu Cooperatives Fail to Meet Good Governance Standards

by CEO Tab
June 1, 2026
0
Nearly 40 Percent of Kathmandu Cooperatives Fail to Meet Good Governance Standards

Only 726 out of more than 1,500 registered cooperatives in Kathmandu have been found complying with good governance practices by maintaining regular contact with authorities and submitting their...

Read more

New Tax Regime to Push Electric Vehicle Prices Up by as Much as Rs 4 Million

by CEO Tab
June 1, 2026
0
New Tax Regime to Push Electric Vehicle Prices Up by as Much as Rs 4 Million

The price of electric vehicles (EVs) is set to increase significantly after the government introduced a new taxation framework through the budget for the upcoming fiscal year. Industry...

Read more

Number of Registered Cooperatives in Nepal Reaches 32,325

by CEO Tab
May 29, 2026
0
Number of Registered Cooperatives in Nepal Reaches 32,325

According to the Economic Survey for the fiscal year 2025/26 published by the Ministry of Finance, the number of registered cooperatives across Nepal reached 32,325 by mid-March 2026....

Read more
Next Post
Ncell & Samsung introduce attractive collaboration on the launch of Galaxy S24 Series

Ncell & Samsung introduce attractive collaboration on the launch of Galaxy S24 Series

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.