India-Nepal Business Expo & Summit 2021 underway at Chitwan

India-Nepal Business Expo & Summit 2021 underway at Chitwan KATHMANDU: The India-Nepal Business Expo & Summit 2021, aimed at further enhancing the business ties as well as promoting an overall collective sense of unity, is underway at Chitwan International Expo Centre, Bharatpur. The Expo organized by the PHD Chamber of Commerce and Industry (PHDCCI) that started on December 17 will conclude on December 19. Under the aegis of its dedicated South Asia Committee (International Affairs & Trade Fairs Division) and India-Nepal Centre (INC), PHDCCI as India’s leading Industry Chamber is…

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Three-Days India-Nepal Business Expo & Summit 2021 Inaugurated at Chitwan, Nepal on December 17, Policymakers Voiced for Enhancing Bilateral Economic Cooperation

Three-Days India-Nepal Business Expo & Summit 2021 Inaugurated at Chitwan, Nepal on December 17, Policymakers Voiced for Enhancing Bilateral Economic Cooperation   New Delhi: In order to further enhance the business ties as well as promote an overall collective sense of unity, the PHD Chamber of Commerce and Industry (PHDCCI) is organising India-Nepal Business Expo & Summit 2021 on December 17-19 at Chitwan International Expo Centre, Bharatpur, Nepal. Under the aegis of its dedicated South Asia Committee (International Affairs & Trade Fairs Division) and India-Nepal Centre (INC), PHDCCI as India’s…

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Pre-Feasibility Study of solid waste management projects

1. Pre-feasibility Study_ISWMP_Butwal Package Click here to download 2. Pre-feasibility Study_ISWMP_Dhulikhel Package Click here to download 3. Pre-feasibility Study_ISWMP_Janakpur Package Click here to download 4. Pre-feasibility Study_ISWMP_Jeetpursimara Package Click here to download 5. Pre-feasibility Study_ISWMP_Ratnagar Package Click here to download  

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Nepal to push India for implementation of energy banking in high-level meeting next week

  Nepal is preparing to push India for the implementation of energy banking between two countries as energy officials of the two countries are meeting next week to discuss various aspects of energy cooperation. The joint steering committee involving energy secretaries of two countries is hosting its 13th meeting on December 10 and 11 virtually. For the past few years, Nepal has been repeatedly requesting India for the full-fledged implementation of the programme so as to easily sell electricity generated in the country. Once, Energy Minister Barsha Man Pun even…

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Asian Development Bank approves $150m loan to upgrade two international airports in Nepal

Asian Development Bank approves $150m loan to upgrade two international airports in Nepal From The Kathmandu Post This will be the largest funding package the multilateral agency has given to Nepal’s civil aviation sector so far. The Asian Development Bank has approved a $150 million concessional loan to improve the capacity of Tribhuvan International Airport and Gautam Buddha Airport in Nepal. This will be the largest funding package the multilateral agency has given to Nepal’s civil aviation sector so far. The Nepal government will chip in $48 million for the…

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Nepal’s pandemic-time economic focus

The world is beset by unprecedented challenges brought on by the Covid-19 pandemic, and Nepal is no exception. Most sectors of the economy are functioning at alarmingly low capacities. Inflation, price levels, economic growth, national income, GDP, and employment are allotted almost equal weights in macroeconomic calculations in normal times. Clearly, the first priority now needs to be employment generation in all sectors so as to ensure all households meet their basic needs. But doing so may compromise economic growth and contribute to inflation. Greater weight for employment generation might also…

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World Bank projects Nepal’s economic growth for 2020-21 at 0.6 percent

Nepal’s economy came to a standstill mainly due to the lockdown in the last fiscal year that ended in mid-July, registering a negligible growth of 0.2 percent. But despite businesses being open now, the outlook is bleak for the current fiscal year too. The economy is projected to grow by just 0.6 percent, as Covid-19 periodic and localised lockdowns continue and disruptions to tourism are expected to persist, according to the World Bank’s latest South Asia Economic Focus released on Thursday. But should Covid-19 persist, disruptions continue and weak subnational capacity to…

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IFC study assesses human and environmental impact of Nepal hydropower project

The World Bank’s International Finance Corporation (IFC) has released recommendations of its Cumulative Impact Assessment (CIA) of the Trishuli River Basin (TRB). The study was an integral part of the World Bank Group Board of Directors’ approval of the $650 million 216MW Upper Trishuli-1 Hydropower Project (UT-1), located in the upstream of the Trishuli Basin. IFC is calling for developers of the Trishuli hydropower project to set up the Trishuli Hydropower Developers’ Forum (THDF) to minimise adverse impacts of hydropower development on TRB’s ecosystem and its people. The THDF will need to…

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PHDCCI’s Centre deliberated for cooperation in Hydroelectricity Sector between India/Nepal

PHDCCI’s India-Nepal Centre deliberated for cooperation in Hydroelectricity Sector between India and Nepal Under aegis of its India-Nepal Centre/SDC and in association with the Confederation of Nepalese Industries (CNI), Nepal SBI Bank Ltd (NSBL) and NHPC Ltd, PHD Chamber of Commerce and Industry (PHDCCI) has hosted a webinar on “Exploring Hydroelectricity Potential in Nepal”. Considering the recent political developments between two countries, the initiative was seen an important one by the key observers of India-Nepal bilateral relations. Sushil Bhatta, Member, National Planning Commission (NPC), Nepal as “Chief Guest” dwelt on…

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