Financial Statements, Prepared in Accordance with NFRS, Remain the Primary Source of Communication with Stakeholders

Total Page:16

File Type:pdf, Size:1020Kb

Financial Statements, Prepared in Accordance with NFRS, Remain the Primary Source of Communication with Stakeholders ANNUAL REPORT | 2017-18 ...for a better future Sunrise Plaza, Gairidhara Kathmandu Metropolitian City-2 TEL.: 01-4004560, 4004562, 4004563, 4004564 TOLL.: 16600 122444 FAX.: 01-4422475 SWIFT: SRBLNPKA E-MAIL: [email protected] www.sunrisebank.com.np Covering the period 16th July 2017 to 16th July 2018, this annual report comprehensively covers the performance of Sunrise Bank Limited and its subsidiary, Sunrise Capital, for the reporting period and includes among other matters; an analysis of the operational results, a review of the financial performance and an overview of the Bank’s corporate governance, risk management and compliance frameworks. The Report includes forward-looking statements, which relate to the possible future financial position and results of the operations of Sunrise Bank Limited. These statements by their nature involve an element of risk and uncertainty, as they relate to future events that are not predictable. However, we do not undertake to update or revise any of these forward-looking statements publicly, whether to reflect new information or future events or otherwise. 2 SUNRISE BANK LIMITED Our motto of "Rising to Serve" drives all the efforts of Sunrise Bank to emerge as market leader with a business that is founded on strong fundamentals supported by state-of- art banking technology, and motivated staffs whose skills are continuously enhanced. ANNUAL REPORT | 2017-18 ANNUAL REPORT | 2017-18 3 REPORT OBJECTIVES The consolidated as well as standalone financial statements, prepared in accordance with NFRS, remain the primary source of communication with stakeholders. The purpose is to show how we are working to improve every aspect of our business for the benefit of stakeholders. 4 SUNRISE BANK LIMITED Contents STRATEGIC REPORT An Overview 10 Financial Highlights & Review 14 Macroeconomic Outlook 16 CORPORATE GOVERNANCE Governance at a Glance 24 Board of Directors 26 Chairman's Statement 30 CEO’s Perception 32 Management Team 34 Department Heads 38 Corporate Governance 40 RISK REVIEW Board Level Committees 44 Risk Management Committees 47 CORPORATE SOCIAL RESPONSIBILITY Social Responsibilty 54 CSR Activities 56 HUMAN RESOURCE MANAGEMENT Human Resource 60 PRODUCTS & SERVICES Sunrise Swasthya Yojana 66 Technology Driven 70 Schemes 76 Corporate Banking 80 FINANCIAL STATEMENTS Director's Report 88 Auditor’s Report 97 Financial Statement 98 Disclosure 204 INVESTOR'S RELATIONSHIP Shareholder’s Information 210 Disclose under Rule 26 213 BANK'S PERFORMANCE Analysis 216 Remittance Network 220 Branch Network 223 ATM Lists 226 ANNUAL REPORT | 2017-18 5 EMBRACING INNOVATION Innovation has, is and will always be the cornerstone of our success. Itsupports our efforts to build tangible and intangible infrastructure and to integrate relevant economic, social and environmental issues into our strategic planning process and day-to-day operations. 6 SUNRISE BANK LIMITED ANNUAL REPORT | 2017-18 7 STRATEGIC REPORT GOVERNANCE RISK REVIEW CORPORATE RESPONSIBILITY HUMAN RESOURCE 8 SUNRISE BANK LIMITED PRODUCTS & SERVICES FINANCIAL STATEMENT INVESTOR'S RELATIONSHIP BANK'S PERFORMANCE Strategic Report Sunrise Bank’s secret of continued Equally important to our long-term success growth and success is it’s highly is our cost structure. Ongoing cost controls efforts are aimed at reducing our cost-to- diversified and well-balanced business income ratio, which, combined with top line model. Being among the preferred growth, are instrumental in meeting bottom banks in Nepal, we have always taken line targets. We have always understood that a proactive stance towards improving supporting our ambitious plans will most certainly depend how well we manage our strategic alignment to drive stronger capital requirements now and in the future. growth and deliver the highest returns Based on this premise, we are in the process on stakeholder value. to raise NPR 1 Bn through an unsecured, subordinated and redeemable debenture, In the year under review, we embraced a which will strengthen the Bank’s Tier II broader performance-driven strategy to capital by mid July 2019. transform all key business pillars and support services, and to sharpen their alignment We constantly question the status quo to with our vision to ‘Establish Sunrise Bank find new and better ways to do things. With as a lead bank in all places of our branch fresh eyes, we seek out new ways to meet locations and nation-wide’. At the heart of customer needs and help shape their own our strategy is the marriage of our corporate path, through innovative products, insightful goals with the aspirations of stakeholders, advice and invigorating attitude. In doing which prompted us to leverage on four key so, we have leveraged on innovation to build pivots; strengthen top line, enhance digital a fully integrated multi-channel banking capability, boost core capital and expand system that combines traditional and digital the bottom line. To grow the top line in channels, giving rise to an unprecedented 2018, we continued to orient ourselves level of customer convenience. Innovation more consistently toward both Retail and has helped us to simplify our procedures, SME customers in all core markets. At reduce organizational layers and delegate the same time, to strengthen our roots as more decision making powers to branches, a commercial bank, we adopted a two- enabling us to respond to customers’ needs pronged approach; firstly to increase our faster than ever before. Meanwhile, amidst penetration and capture market share in the growing risk of cyber security threats, selected retail segments and secondly to be we have begun to emphasize on innovation the first-mover to promote unique, as well to preserve both customer privacy and data as structured solutions to capture the Retail security. and Corporate segment. Hand-in-hand with this volume driven strategy we enhanced digital capabilities, for which our IT transformation programme became the key enabler. Our IT transformation programme also spearheads our efforts to differentiate ourselves from peers. Further, investments in digital technology were aimed at enhancing customer service, augmenting the risk management framework and improving employee productivity. ANNUAL REPORT | 2017-18 9 STRATEGIC REPORT GOVERNANCE RISK REVIEW CORPORATE RESPONSIBILITY HUMAN RESOURCE An Overview VISION You & Us. Together We Can Build. MISSION SUNRISE BANK LIMITED, a as CEO. This team of seasoned Establish Sunrise Bank as a lead leading financial institution, banking and management bank in all places of our branch was established as the 23rd professionals is dedicated locations and nationwide. commercial bank in Nepal on towards establishing an 12 October 2007. Its corporate institution determined to cater STRATEGY office is located at the Gairidhara to the needs of all categories of Our strategies are long-term Crossing, in Kathmandu. Sunrise clients. and our commitment towards Bank is driven by its motto corporate sustainability is absolute. "Rising to Serve" and offers Sunrise Bank’s continued growth innovative products and services and success is founded on a to all categories of clients. It highly diversified and well- also offers products that can balanced business model. The contribute towards the economic Bank has had balanced growth development needs of the throughout its first decade and country. is now poised to expand into new markets. The Bank's ever The Bank is continuously growing geographical coverage supervised by the Board of has enabled it to serve a OBJECTIVES Directors that has members spectrum of customer segments, The overall objective of the bank with extensive knowledge and including retail, middle market, is to contribute to nation building entrepreneurial experience. small and medium enterprises, and meeting the expectation of its The Chairman of the Bank, and large corporations. The Bank shareholders, depositors, customers Mr. Motilal Dugar is a business has been continuously upgrading and other stakeholders. The Bank leader with extensive interests in its services using state-of-art will make concerted efforts to both industry and the services Core Banking technology, while realize its goal by leading the sector. The management team remaining vigilant on risks and banking sector in every front with: comprises of five members risk management. with Mr. Ratna Raj Bajracharya n Expanding presence of the Bank within and outside the country, n Targeting under-served or The Bank serves a spectrum of customer segments, potential services like SMEs and including retail, large corporate, middle market, Small and retail businesses, n Reshaping and restructuring Medium Enterprises (SMEs) and Deprived Sectors. Sunrise bank's infrastructure and Bank’s continued growth and success is founded on a highly systems, diversified and well-balanced business model and a robust n Service provision through multi-channel environment. efficient and knowledgeable staffs supported by automated procedures, and Sunrise Bank keeps pushing its limits and continuously n High degree of compliance and endeavors to be a market leader, thanks to a strategy based risk management. on innovation and service differentiation 10 SUNRISE BANK LIMITED PRODUCTS & SERVICES FINANCIAL STATEMENT INVESTOR'S RELATIONSHIP BANK'S PERFORMANCE CORE OPERATIONAL VALUES HIGHLIGHTS SOUND CAPITAL STRUCTURE, The Bank remained a strong player in the by maintain minimum Capital Adequacy market throughout 2017/2018. The market requirement under BASEL – III and indicators for
Recommended publications
  • Code Under Name Girls Boys Total Girls Boys Total 010290001
    P|D|LL|S G8 G10 Code Under Name Girls Boys Total Girls Boys Total 010290001 Maiwakhola Gaunpalika Patidanda Ma Vi 15 22 37 25 17 42 010360002 Meringden Gaunpalika Singha Devi Adharbhut Vidyalaya 8 2 10 0 0 0 010370001 Mikwakhola Gaunpalika Sanwa Ma V 27 26 53 50 19 69 010160009 Phaktanglung Rural Municipality Saraswati Chyaribook Ma V 28 10 38 33 22 55 010060001 Phungling Nagarpalika Siddhakali Ma V 11 14 25 23 8 31 010320004 Phungling Nagarpalika Bhanu Jana Ma V 88 77 165 120 130 250 010320012 Phungling Nagarpalika Birendra Ma V 19 18 37 18 30 48 010020003 Sidingba Gaunpalika Angepa Adharbhut Vidyalaya 5 6 11 0 0 0 030410009 Deumai Nagarpalika Janta Adharbhut Vidyalaya 19 13 32 0 0 0 030100003 Phakphokthum Gaunpalika Janaki Ma V 13 5 18 23 9 32 030230002 Phakphokthum Gaunpalika Singhadevi Adharbhut Vidyalaya 7 7 14 0 0 0 030230004 Phakphokthum Gaunpalika Jalpa Ma V 17 25 42 25 23 48 030330008 Phakphokthum Gaunpalika Khambang Ma V 5 4 9 1 2 3 030030001 Ilam Municipality Amar Secondary School 26 14 40 62 48 110 030030005 Ilam Municipality Barbote Basic School 9 9 18 0 0 0 030030011 Ilam Municipality Shree Saptamai Gurukul Sanskrit Vidyashram Secondary School 0 17 17 1 12 13 030130001 Ilam Municipality Purna Smarak Secondary School 16 15 31 22 20 42 030150001 Ilam Municipality Adarsha Secondary School 50 60 110 57 41 98 030460003 Ilam Municipality Bal Kanya Ma V 30 20 50 23 17 40 030460006 Ilam Municipality Maheshwor Adharbhut Vidyalaya 12 15 27 0 0 0 030070014 Mai Nagarpalika Kankai Ma V 50 44 94 99 67 166 030190004 Maijogmai Gaunpalika
    [Show full text]
  • Date Wise PCR REPORT Query
    B. P. Koirala Institute of Health Sciences email: [email protected] Department of Microbiology Dharan, Sunsari, Nepal Report of SARS-CoV2 RT-PCR testing Date of Reporting 2077/07/25 SN LAB ID Collected Date Referring Hospital Doctor's / Contact Patient's Name Age/ Gender District Specimen Type RESULT HOSPITAL ID Purpose of test / Institution Person's Name Mobile Contact VDC/Municipality ct ORF1ab; E; N gene 1 BPK/COV/657072077/07/24 BPKIHS Dr. Asha Rai Yaba Kumari Bhattarai 47Y / Female Sunsari Nasopharyngeal Swab Negative 3169858 Dharan Sub Metropolitan - 16 ;; 9808096582 9842153920 2 BPK/COV/657082077/07/24 BPKIHS Dr. Asha Rai Sabita Dahal 30Y / Female Morang Nasopharyngeal Swab Negative 77066698 SundarHaraicha Municipality - 11 ;; 9808096582 9852028438 3 BPK/COV/657122077/07/24 BPKIHS Dr. Asha Rai Dr. Sujit Kumar Shah 58Y / Male Sunsari Nasopharyngeal Swab Negative 2783299 Dharan Sub Metropolitan - 18 ;; Health Worker 9808096582 9848183950 4 BPK/COV/657132077/07/24 BPKIHS Dr. Asha Rai Bina Shah 40Y / Female Janakpur Nasopharyngeal Swab Negative 77066706 - ;; 9808096582 9817849468 5 BPK/COV/657142077/07/24 BPKIHS Dr. Asha Rai Sujan Shrestha 39Y / Male Sunsari Nasopharyngeal Swab Negative 77066731 Dharan Sub Metropolitan - 1 ;; 9808096582 9842040672 6 BPK/COV/657162077/07/24 BPKIHS Dr. Asha Rai Indra Bhattarai 60Y / Male Morang Nasopharyngeal Swab Negative 77064876 Pathari-Sanischare Municipality - 2 ;; 9808096582 9827310225 7 BPK/COV/657182077/07/24 BPKIHS Dr. Asha Rai Momina Khatoon 40Y / Female Sunsari Nasopharyngeal Swab Negative 77057501 Dharan Sub Metropolitan - 15 ;; 9808096582 9816394056 8 BPK/COV/657202077/07/24 BPKIHS Dr. Asha Rai Mohan Dahal 39Y / Male Sunsari Nasopharyngeal Swab Negative 77066778 Chakraghati - ;; 9808096582 9847093150 Note: These results are based on the real time PCR amplification of SARS COV2 ORF1ab, and N gene (UNI-MEDICA, CHINA) by Rotor Gene Q (Qiagen, Germany).
    [Show full text]
  • TOGETHER, WE CAN BUILD. We Make Commitments, Take Responsibilities, Promote Trust and Build Partnership; Summing up We Can Say, “YOU & US TOGETHER, WE CAN BUILD”
    ANNUAL REPORT 2015-16 TOGETHER, WE CAN BUILD. We make commitments, take responsibilities, promote trust and build partnership; summing up we can say, “YOU & US TOGETHER, WE CAN BUILD”. Through our best governance, disciplined management, talented and skilled human resources, a customer oriented approach and robust infrastructure, we have been successful to deliver the services smoothly and achieve our growth year on year. We believe in being available to you all times. Because, if “you and us” work together, we can build a better future. FORWARD-LOOKING STATEMENTS The Annual Report for the year 2015/16 presented hereby shows the growth we made from the inception. This achievement is the result of the support from all the stakeholders. Please have a look at our Bank, the driving force, Management Team, products and services we offer, our present growth and the achievements. 2 SUNRISE BANK LIMITED ANNUAL REPORT 2015-16 ANNUAL REPORT 2015/16 3 Report Objectives The report is intended to provide simplified information to our stakeholders as well as other interested parties on how we performed in 2015/16. The report is a reflection on the overall operation of the Bank and exhibits the Bank’s direction to achieve its mission and vision. The Annual Report Sunrise Bank The Bank Global growth, On behalf of the The Bank has Capitalizing on its core strength, The Board comprises Limited, a leading performance this year currently estimated at Board of Directors of performed significantly of a Chairman, four market orientation and innovation in Commercial Bank of was remarkable; 3.1 percent in 2015, your company, well during the fiscal year Directors from promoter’s Nepal..
    [Show full text]
  • Kamal Rural Municipality (Final Report)
    Nepal Government Kamal Rural Municipality Office of the Rural Municipal Executive Jhapa, Province no 1 RURAL MUNICIPAL TRANSPORT MASTER PLAN of Kamal Rural Municipality (Final Report) Submitted by: Galaxy Engineering Trade Link Pvt. Ltd. Bhaktapur Nepal June 2020 Rural Municipality Transport Master Plan Table of Contents Contents 1 Introduction ............................................................................................................................. 1 1.1 Background ...................................................................................................................... 1 1.2 Objectives of RMTMP ..................................................................................................... 2 1.3 Scope and Limitations of RMTMP .................................................................................. 2 1.4 Inception Methodology .................................................................................................... 3 1.4.1 Desk Study ................................................................................................................ 3 1.5 Planning Approach and Methodology.............................................................................. 3 1.5.1 Conceptual Framework ............................................................................................. 4 1.6 MOBILIZATION OF THE TEAM ................................................................................. 9 1.7 ORIENTATION OF THE STAFF MEMBERS .............................................................
    [Show full text]
  • S.N Local Government Bodies EN स्थानीय तहको नाम NP District
    S.N Local Government Bodies_EN थानीय तहको नाम_NP District LGB_Type Province Website 1 Fungling Municipality फु ङलिङ नगरपालिका Taplejung Municipality 1 phunglingmun.gov.np 2 Aathrai Triveni Rural Municipality आठराई त्रिवेणी गाउँपालिका Taplejung Rural municipality 1 aathraitribenimun.gov.np 3 Sidingwa Rural Municipality लिदिङ्वा गाउँपालिका Taplejung Rural municipality 1 sidingbamun.gov.np 4 Faktanglung Rural Municipality फक्ताङिुङ गाउँपालिका Taplejung Rural municipality 1 phaktanglungmun.gov.np 5 Mikhwakhola Rural Municipality लि啍वाखोिा गाउँपालिका Taplejung Rural municipality 1 mikwakholamun.gov.np 6 Meringden Rural Municipality िेररङिेन गाउँपालिका Taplejung Rural municipality 1 meringdenmun.gov.np 7 Maiwakhola Rural Municipality िैवाखोिा गाउँपालिका Taplejung Rural municipality 1 maiwakholamun.gov.np 8 Yangworak Rural Municipality याङवरक गाउँपालिका Taplejung Rural municipality 1 yangwarakmuntaplejung.gov.np 9 Sirijunga Rural Municipality लिरीजङ्घा गाउँपालिका Taplejung Rural municipality 1 sirijanghamun.gov.np 10 Fidhim Municipality दफदिि नगरपालिका Panchthar Municipality 1 phidimmun.gov.np 11 Falelung Rural Municipality फािेिुुंग गाउँपालिका Panchthar Rural municipality 1 phalelungmun.gov.np 12 Falgunanda Rural Municipality फा쥍गुनन्ि गाउँपालिका Panchthar Rural municipality 1 phalgunandamun.gov.np 13 Hilihang Rural Municipality दिलििाङ गाउँपालिका Panchthar Rural municipality 1 hilihangmun.gov.np 14 Kumyayek Rural Municipality कु म्िायक गाउँपालिका Panchthar Rural municipality 1 kummayakmun.gov.np 15 Miklajung Rural Municipality लि啍िाजुङ गाउँपालिका
    [Show full text]
  • Table of Province 01, Preliminary Results, Nepal Economic Census 2018
    Number of Number of Persons Engaged District and Local Unit establishments Total Male Female Taplejung District 4,653 13,225 7,337 5,888 10101PHAKTANLUNG RURAL MUNICIPALITY 539 1,178 672 506 10102MIKWAKHOLA RURAL MUNICIPALITY 269 639 419 220 10103MERINGDEN RURAL MUNICIPALITY 397 1,125 623 502 10104MAIWAKHOLA RURAL MUNICIPALITY 310 990 564 426 10105AATHARAI TRIBENI RURAL MUNICIPALITY 433 1,770 837 933 10106PHUNGLING MUNICIPALITY 1,606 4,832 3,033 1,799 10107PATHIBHARA RURAL MUNICIPALITY 398 1,067 475 592 10108SIRIJANGA RURAL MUNICIPALITY 452 1,064 378 686 10109SIDINGBA RURAL MUNICIPALITY 249 560 336 224 Sankhuwasabha District 6,037 18,913 9,996 8,917 10201BHOTKHOLA RURAL MUNICIPALITY 294 989 541 448 10202MAKALU RURAL MUNICIPALITY 437 1,317 666 651 10203SILICHONG RURAL MUNICIPALITY 401 1,255 567 688 10204CHICHILA RURAL MUNICIPALITY 199 586 292 294 10205SABHAPOKHARI RURAL MUNICIPALITY 220 751 417 334 10206KHANDABARI MUNICIPALITY 1,913 6,024 3,281 2,743 10207PANCHAKHAPAN MUNICIPALITY 590 1,732 970 762 10208CHAINAPUR MUNICIPALITY 1,034 3,204 1,742 1,462 10209MADI MUNICIPALITY 421 1,354 596 758 10210DHARMADEVI MUNICIPALITY 528 1,701 924 777 Solukhumbu District 3,506 10,073 5,175 4,898 10301 KHUMBU PASANGLHAMU RURAL MUNICIPALITY 702 1,906 904 1,002 10302MAHAKULUNG RURAL MUNICIPALITY 369 985 464 521 10303SOTANG RURAL MUNICIPALITY 265 787 421 366 10304DHUDHAKOSHI RURAL MUNICIPALITY 263 802 416 386 10305 THULUNG DHUDHA KOSHI RURAL MUNICIPALITY 456 1,286 652 634 10306NECHA SALYAN RURAL MUNICIPALITY 353 1,054 509 545 10307SOLU DHUDHAKUNDA MUNICIPALITY
    [Show full text]
  • AIDE MEMOIRE (Draft) I
    Nepal: Urban Governance and Infrastructure Project Implementation Support and Review: January 25-29,2021 AIDE MEMOIRE (draft) I. INTRODUCTION 1. A World Bank team1 led by Mr. Jonas Ingemann Parby, Sr. Urban Specialist (Task Team Leader), carried out the first Implementation Support and Review (ISR) of the Nepal Urban Governance and Infrastructure Project (NUGIP )from January 25-29, 2021.This Aide Memoire summarizes the outcome of consultations and agreements made, including implementation status of project components. The team discussed the findings of the mission at the wrap-up meeting with Dr. Ramesh Prasad Singh, Secretary, Ministry of Urban Development (MoUD), and briefed Mr. Prem Upadhyay, Under Secretary, International Economic Cooperation Coordination Division (IECCD), Ministry of Finance (MOF) on the mission findings on January 29, 2021. A list of key officials met is included in Annex 1 and summary of agreed actions are listed in Annex 2. As agreed during the wrap-up meeting, the AM will be classified as a public document as per the World Bank‟s Access to Information Policy. II. CONTEXT & MISSION OBJECTIVES 2. The objectives of the ISR were to: (i) review the implementation status that include review of annual work plan and budget and (ii) participate in Project Stakeholder Workshops with the targeted municipalities focusing on the project manuals, timeline, and actions required (including signing of the Participation Agreements), key aspects of financial management, procurement, and social and environmental safeguards. Due to the ongoing COVID-19 pandemic, the mission was organized with virtual meetings, following the GoN‟s and the WB‟s COVID safety protocols.
    [Show full text]
  • Initial Environmental Examination NEPAL: Electricity Grid
    Initial Environmental Examination Document Stage: Final Project Number: 54107-001 October 2020 NEPAL: Electricity Grid Modernization Project Part 1 Prepared by Nepal Electricity Authority, Government of Nepal for the Asian Development Bank. CURRENCY EQUIVALENTS (as of 12 August 2020) Currency Unit = Nepali Rupee/s (Rs) Rs1.00 = $0.008344 $1.00 = Rs119.8400 ABBREVIATIONS ADB Asian Development Bank AIS air insulated substation CBS Central Bureau of Statistics CE common era CO2 carbon dioxide COD chemical oxygen demand DHM Department of Hydrology and Meteorology DO dissolved oxygen EGMP electricity grid modernization project EHS environment, health, and safety EIA environmental impact assessment EMF electromagnetic field EMP environmental management plan EPI environmental performance index GIS gas insulated substation GRM grievance redress mechanism HDI human development index IEE initial environmental examination IEEE Institute of Electrical and Electronics Engineer Inc. ICNRP International Commission on Non-Ionizing Radiation Protection IUCN International Union for Conservation of Nature kV kilovolt LPG liquefied petroleum gas masl meters above sea level mm millimeter µg/m³ micro gram per cubic meter NEA Nepal Electricity Authority PM2.5 fine particulate matter below 2.5 micrometers PMD project management directorate PTDEEP Power Transmission and Distribution Efficiency Enhancement Project Power Transmission and Distribution System Strengthening PTDSSP Project ROW right of way SASEC South Asia Sub-regional Economic Cooperation SF6 sulfur hexafluoride SNNP Shivapuri Nagarjun National Park SPCC spill prevention control and countermeasures UNESCO United Nations Educational, Scientific and Cultural Organization WEIGHTS AND MEASURES amp – ampere ha – hectare Hz – hertz km – kilometer (1,000 meters) kV – kilovolt (1,000 volts) kW – kilowatt (1,000 watts) mG – milligauss NOTES In this report, "$" refers to US dollars unless otherwise stated.
    [Show full text]
  • Master Plan of Agricultural Marketing in Eastern Development Region of Nepal
    MASTER PLAN OF AGRICULTURAL MARKETING IN EASTERN DEVELOPMENT REGION OF NEPAL Final Report Submitted To Government of Nepal Ministry of Agricultural Development Department of Agriculture Agri. Business Promotion & Marketing Development Directorate (ABPMDD) Harihar Bhawan, Lalitpur Submitted By: Business Promotion Research and Communication Pvt. Ltd., (BPRC) Putalisadak, Kathmandu, Nepal Tel # 0977-01-4442853/4436617, Fax # 0977-01-4436617 Post Box # 19006, Email # [email protected] July 2017 (Ashad, 2074) Preface BPRC is pleased to undertake this Study "Master Plan of Agri-Marketing in Eastern Development Region of Nepal". BPRC expresses its gratitude to Agri Business Promotion and Marketing Development Directorate (ABPMDD) to having entrusted this important task. It also expresses gratitude to Mr. Laxman Prasad Paudel, Program Director and his team for expert guidance and for providing suggestions throughout the study period and report writing. BPRC is also thankful to ABDMDD team for their valuable, constructive comments and suggestions which were provided during Inception report and draft report presentations. We also express graduate to Senior Agriculture Marketing Officers Mr. Rajendra Prasad Pradhan and Mr. Puspa Raj Shahi for providing necessary instructions during final report preparation. BPRC acknowledges with gratitude the contribution made by study team of the project, with their valuable contribution the project was successfully brought to its conclusion. BPRC is most grateful to Mrs. Naina Dhakal, Team Leader for the successful execution of this project and for steering the whole tasks of conducting field study till its conclusion. In addition, BPRC conveys its appreciation to the contribution made by Chief and SMS of District Agriculture Development Offices, Agro-Vets, Traders, Wholesalers, Representative of District Development Committee, Member of Market Management Committee, Commercial Farmers Representatives and Agri-Cooperatives etc.
    [Show full text]
  • Transmission Cov-Web
    MESSAGE FROM THE MANAGING DIRECTOR It gives me great pleasure to pen these words for the Transmission Directorate and the Project Management Directorate’s joint year book on the occasion of Nepal Electricity Authority’s 36th anniversary. Transmission and Project Management Directorate together have been essential in bridging the growth in generation and distribution in Nepal. With the growing infrastructure within these directorates, we have been able to evacuate large amounts of power being produced or purchased in the country to anywhere within the rapidly growing electricity network which is the Integrated Nepal Power System (INPS). Work in the field of transmission line can be exceptionally challenging especially this year with the Covid-19 pandemic still looming over us, but both the directorates have pulled through and I would like to congratulate the Transmission Directorate and PMD for yet another successful year adding 604.74 ckt. km and 2134 MVA . This fiscal year also marked the completion and inauguration of 400 kV Dhalkebar the first of its kind, marking the entry of Nepal in the Extra High Voltage 400 kV system. This has been regarded as a remarkable milestones in the Nepalese power system. The completion of Dana-Kushma 220 kV transmission line and 132 kV Samudratar -trishuli 3B hub transmission line in this year has also made the system robust. The long troubled Singati- Lamosaghu transmission line has also seen its 1st circuit completed this year. I am also glad to note that work is ongoing in these directorates to [insert what has been going on in planning and system improvement/ upgradation sector].
    [Show full text]
  • Annual Report 2016-2017
    ANNUAL REPORT 2 0 1 6 - 2 0 1 7 K ARUNA F OUNDATION N EPAL B ALUWATAR , K ATHMANDU Message from the Chairperson The word ‘Karuna’ means ‘compassionate action’ and we have embraced the name of our organization very sincerely. Each of our projects has been implemented through compassionate action, and Karuna is inherent in each of our actions. As an NGO in Nepal, Karuna has brought forth an innovative idea that not only benefits persons with disabilities and their families but also marginalized families, the society, and the nation as a whole. Our intervention is focused to prevent avoidable disabilities through improved access to and utilization of maternal and child health services and rehabilitation of persons with disability adopting the WHO Community-Based Rehabilitation matrix. As a result, we have succeeded in sensitizing our fellow citizens and promoted inclusion of persons with disabilities. We believe that every person coming from all section of the community should be treated with equal dignity irrespective of whether the person is with disability or not. Having some form of disability does not mean that they are incapable of fully realizing their potential as members of the society. By empowering persons with disabilities and marginalized groups, we open up a whole world of opportunities for them. It gives me great pleasure to note that we have been blessed with generous funding partners and a dedicated team of members, due to which we have surpassed our expectations. We firmly believe in accountability and transparency at all levels of our work. As we continue our hard work in the effort to change the perceptions of the society at large regarding the position and value of persons with disabilities and as we move forward to engage the state to change its policies, I want to express my gratitude to the individuals dedicated to Karuna’s mission.
    [Show full text]
  • National Population and Housing Census 2011 (National Report)
    Volume 01, NPHC 2011 National Population and Housing Census 2011 (National Report) Government of Nepal National Planning Commission Secretariat Central Bureau of Statistics Kathmandu, Nepal November, 2012 Acknowledgement National Population and Housing Census 2011 (NPHC2011) marks hundred years in the history of population census in Nepal. Nepal has been conducting population censuses almost decennially and the census 2011 is the eleventh one. It is a great pleasure for the government of Nepal to successfully conduct the census amid political transition. The census 2011 has been historical event in many ways. It has successfully applied an ambitious questionnaire through which numerous demographic, social and economic information have been collected. Census workforce has been ever more inclusive with more than forty percent female interviewers, caste/ethnicities and backward classes being participated in the census process. Most financial resources and expertise used for the census were national. Nevertheless, important catalytic inputs were provided by UNFPA, UNWOMEN, UNDP, DANIDA, US Census Bureau etc. The census 2011 has once again proved that Nepal has capacity to undertake such a huge statistical operation with quality. The professional competency of the staff of the CBS has been remarkable. On this occasion, I would like to congratulate Central Bureau of Statistics and the CBS team led by Mr.Uttam Narayan Malla, Director General of the Bureau. On behalf of the Secretariat, I would like to thank the Steering Committee of the National Population and Housing census 2011 headed by Honorable Vice-Chair of the National Planning commission. Also, thanks are due to the Members of various technical committees, working groups and consultants.
    [Show full text]