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Kathmandu, July 25: Minister of Energy, Water Resources and Irrigation Pampha Bhusal has urged to be involved unitedly in the work of development and construction. While inaugurating the newly constructed 'Pako Park' in Godawari Municipality-12, Thecho, Lalitpur, Sunday, she said that since development is a continuous process, everyone's solidarity is necessary.
Minister Bhusal said, "We should play a coordinating role in development work with a vision. Even though we ask for votes in the name of different parties during the election, we must have one voice in the work of development. We are always united in the work of the people." She expressed her confidence that the park built in public land will help in the improvement of the lifestyle of the local residents.
Emphasising that the park built for the convenience of the residents of Thecho should be properly protected and utilised, Minister Bhusal said, "The local residents are responsible for the proper protection and enjoyment of this park."
The infrastructure needed for physical exercise has been developed in the park, which was built at a cost of more than Rs. 7.5 million. On the occasion, Bagmati Provincial Assembly member Rajkaji Maharjan informed that the park has been constructed to be suitable for physical exercise and children. He said that an appropriate arrangement of CCTV and electric lights will be made so that the park can be used 24 hours a day. In the programme, Jagat Bahadur Maharjan, Chairman of Ward No. 12, said that they have received significant support from the federal and provincial governments for the development of the ward.
Kathmandu, July 24: Nepal Stock Exchange (NEPSE) index closed all green today, the opening day, of the week that marked the first transactions following the issuance of a new monetary policy.
The government had unveiled the monetary policy for the current fiscal year (2022-23) on Friday. The policy has omitted the provision of a lower ceiling in acquiring loan against share. Besides, it allows the loan up to Rs 120 million against share.
The NEPSE index has increased 61.05 points to close at 2,078.51 points. Similarly, the sensitive index has also surged 12.09 points to reach 398.33 points. Over 6.4 million shares of the total 219 companies were traded at more than Rs 2.7 billion. Points of all subgroups in the NEPSE have increased.
Banking gained 22.88 points, trading 88.01, hotel and tourism 74.2, development bank 177.32, hydropower 84.5, finance 117.99, production 100.39, others 103.82, microfinance 175.17, life insurance 207.77, mutual fund 0.17 and investment 2.1.
The market capitalization after the transactions on the week's first day of trading is equivalent to Rs 2967 billion 986 million 847 thousand 581. (RSS)
Godavari, July 24: Minister for Labour, Employment and Social Security, Sher Bahadur Kunwar, has said the government would address issues in the sector of foreign employment.
In his address to a press meet organised by the Socialist Press Organisation Nepal, Kailali today, he said the government faces legal hurdles in supporting and rescuing Nepali migrant workers reached aboard through an illegal channel. "There are also legal problems for bringing dead bodies of Nepali migrant workers died in foreign land," he said.
He expressed the commitments that the government would make initiations to rescue stranded Nepali migrant workers.
According to him, foreign employment sector is marred by malpractices and the government is working on a new plan for the improvements. (RSS)