Govt Issues Credit Flow Procedure to Rescue Businesses by a Staff Reporter Kathmandu, Nov
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Bipin’s Prasad draws praises ALL BE HAPPY, ALL BE WELL National Edition on YouTube: P.7 Traders reach farmers to buy oranges: P.2 Vol. LV, No. 333 | November 21, 2020 | Mangsir 6, 2077 | Nepal Sambat 1141 | Kachhalathwo Saptami | Saturday | www.risingnepaldaily.com | Pages 8 | Rs. 5.00 Govt issues credit flow procedure to rescue businesses By A Staff Reporter Kathmandu, Nov. 20 The government has issued the Business Continuity Credit Flow Procedure 2077 BS to provide effective loan to continue businesses and pay wages to the workers and employees of domestic, small and medium enterprises and tourism businesses affected by COVID-19. Cabinet Decisions As mentioned in the budget statement of the Fiscal Year The Cabinet meeting also 2077/78, this procedure was Entrepreneurs promoted and inducted Dr. formulated and implemented will be classified Loknath Poudel and Narayan to provide concessional loan Prasad Sharma as the first Women devotees worshipping setting sun to mark Chhath Festival from a home-made pond by respecting COVID-19 safety rules in Biratnagar to the business continuity, said into three on Friday. (Photo: Prabesika Gupta/TRN) class officers at the Ministry Minister for Communication and categories-- Information Technology Parbat of Agriculture and Livestock highly Development. Gurung at a weekly press meet affected areas, Chhath marked organised to make the Cabinet The government has decided moderately to repatriate Australian citizen By A Staff Reporter Local level collaboration decisions public on Friday. Mark Leslie Dengate and Kathmandu, Nov. 20 In accordance with the affected areas procedure approved by the and least Yemenian nationals Mohammed People in eastern Terai, Council of Ministers held on Esmail Ahmed Abadi and crucial to tackle air pollution affected areas. Naseem Esmail Ahmed Abadi Kathmandu and various November 12, the government parts of the country have By A Staff Reporter Management Action Plan, 2076 to Dhulikhel Municipality Ashok will manage necessary fund at “Fifty per cent of the loan for their illegal stay in Nepal for marked the third day of the Kathmandu, Nov. 20 combat the current environmental Kumar Byanju highlighted the the Nepal Rastra Bank for the will be disbursed to the worst many years. Chhath on Friday by praying crisis. importance of integrated planning flow of credit to continue the affected areas, 30 per cent to the Likewise, the Cabinet to the setting sun. With the plunge in temperature Spokesperson at the MoHP and effective coordination among business, said Minister Gurung, moderately affected areas and meeting has given approval to Devotees gathered on levels, major cities, including Dr. Jageshwor Gautam said, “Air all Local Government of the who is also the government 20 per cent to the least affected the Civil Aviation Authority the banks of rivers and Kathmandu, witnessed an increase pollution also makes flu and other Kathmandu Valley is to curb air spokesperson. areas,” according to Minister of Nepal (CAAN) to pool 30 ponds in the evening and in air pollution. The air we lung diseases more severe, so it's pollution including maintaining According to Minister Gurung. Bigaha of land for the Surkhet made offerings of fruits breathe is not healthy and exceeds not surprising that worsening air environmental sanitation in the Gurung, the government will He informed that airport and 126.46 Bigaha for the and nuts to the sun as it almost five times the World quality will increase the risk of valley. “The government has open a business operation concessional loans would be Biratnagar airport. sunk below the horizon. Health Organisation's (WHO) COVID-19 further.” collected funds by charging a continuity loan flow provided to domestic, small The government appointed They also prepared different recommended value. Public Health Administrator pollution tax on the petroleum reimbursement account of Rs. and medium enterprises and Uddhav Prasad Timilsina as dishes and distributed it as Residents of the main urban for the Country Office of WHO in products, this should be immediately 50 billion in the banking office tourism businesses affected by executive chairman of the prasad. areas continue to bear the brunt of Nepal, Dr. Khurshid Alam Hyder utilised to control environmental of Nepal Rastra Bank. COVID-19 and to those facing High Powered Committee for Chhath is a festival pollutants and its harmful effects on attributed air pollution to being a problems, including air pollution," “Loans to be provided to the difficulties in running their Integrated Development of the dedicated to the Sun God public health and the surrounding silent killer, which as per WHO, he said. entrepreneurs are classified into businesses due to lack of loans. Bagmati Civilisation. and Chhathi Mai, considered environment, experts say. has claimed over 37,000 Nepali Deputy director-general of the three categories-- highly affected As per the procedure, the Meanwhile, the Cabinet the goddess of power. To combat the present lives annually. Department of Environment Indu areas, moderately affected areas interest rate on such loans has meeting held on November 18 In Hindu mythology, environmental crisis, Ministry of KMC and LMC have already Bikram Joshi said, "Out of the 136 and least affected areas. been fixed at five per cent for the decided to publish a notice in worshipping the sun is Health and Population (MoHP), committed to maintaining air quality activities proposed to achieve the In the highly affected areas, first year and six per cent for the the Nepal Gazette imposing believed to rid one’s family Department of Environment, World within the WHO guidelines by goal of clean and healthy air, 75 a company seeking concessional second year. restrictions on street protests of diseases, provide a long Health Organization (WHO), joining the BreatheLife campaign. activities -- 42 in main roles and 32 loan will get maximum of Rs. Similarly, the Cabinet under the Section 3 of the life to family members and Municipal Association of Nepal “WHO has been providing collaborative roles -- are directly 100 million. meeting held on November Essential Services Operation bring overall prosperity. (MAN), and Clean Energy Nepal technical support to minimize the linked to local governments." Similarly, in the moderately 12 decided to accept loan Act 1957. The Chhath festival is (CEN) jointly organised a zoom health impacts of air pollution In the over two-hour-long affected areas, the annual wage of assistance of Rs. 18 billion to The government also chiefly celebrated by the conference on Thursday to discuss through research studies and virtual symposium, Mayors workers and employees and 50 per be provided by the International promoted Brigadier General people of Mithila region, the problem of air pollution and its capacity building and will continue and Deputy Mayors of different cent of it (for business continuity) Development Association Santosh Kumar Dhakal as Major also known as Mithilanchal. effects on human health. so in implementing air quality municipalities also shared their has been added to the total amount under the World Bank for General and transferred Major On the occasion, ponds The programme focused on management action plans," added commitments towards protecting or up to a maximum of Rs. 70 implementing Nepal Urban General Saha Dev Khadka and riverbanks are highly the immediate implementation Hyder. the environment and presented the million. Likewise, the least affected Governance and Infrastructure to the Secretariat of National decorated. See page 6 of the Kathmandu Air Quality Furthermore, the Mayor of key initiatives See page 6 area will get Rs. 50 million. Project. Security Council. Govt manages fund for 396 basic hospitals Networking operators shifting to illegal cryptocurrency trade By Purushottam P. Khatri Police, the government banned networking Govt seeks CIB’s support In the letter to the CIB, the Department By A Staff Reporter budget of the MoHP and will be Kathmandu, Nov. 20 business in 2017 and the business of that The Ministry of Industry, Commerce has sought support and help to nab and Kathmandu, Nov. 20 provided as a conditional grant nature and people involved in this network and Supplies has also initiated action against produce them in front of the Department. to the local levels. The business of cryptocurrency, which have now shifted to cryptocurrency illegal transactions of cryptocurrency and The use of other digital currencies, The Ministry of Finance The MoF has already is considered illegal in Nepal as per Nepal business. digital currency in Nepal. including 'pi', on social media is on the rise (MoF) has secured resources released Rs. 6.12 billion for the Rastra Bank’s law, is still in practice in an DIG Thapa said, "Currently, both The Department of Commerce, and the Department is investigating the risk for the construction of 396 basic construction of the hospitals. organised way, police and the government networking business and cryptocurrency Supplies and Consumer Protection had of fraud, said Director Sedhai. hospitals at various local levels. A meeting held a month officials claimed. sent a letter to the Central The CIB was also investigating into Finance Minister Bishnu ago in the presence of FM The transaction of virtual currency Investigation Bureau (CIB) of the matter. Chief of the CIB, DIG Thapa, Prasad Paudel has given Paudel and Health Minister (cryptocurrency), which was banned in Nepal Police on September 29, said that further investigation has been consent to the Ministry of Bhanubhakta Dhakal had Nepal three years ago, has resurfaced after 2020 asking them to take action launched after receiving a letter from the Health and Population (MoHP) decided to lay the foundation the public began to be deceived through against cryptocurrency and Department. to move ahead the construction stone of the hospital buildings Bitcoin transactions, the world’s first digital currency traders. "Once the evidence is available, the work of hospitals worth Rs. on November 30 this year as cryptocurrency.