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Nepal exports power worth Rs. 7.20 billion in four months

Kathmandu— In the second month of the current fiscal year 2022/23, electricity worth Rs. 2.42 billion has been exported to India.

Nepal Electricity Authority (NEA) exported 246.5 million units of surplus electricity in the Nepali month of Bhadra and earned Rs. 2.42 billion.

The Authority started selling the surplus electricity during the rainy season through competition in the day-ahead market of the Indian Energy Exchange Limited (IEX) from June 2, 2022, The Rising Nepal reports.

In the beginning, 39 megawatts of electricity produced by two power plants was considered as a source and was sold to IEX on a daily basis. Since then, from June 10, 2022, 364 megawatts of electricity produced by six hydropower plants has been sold daily in the Indian market at a competitive rate.

The Authority has earned Rs. 7.19 billion by selling 787.8 million units of electricity in the Indian market in four months (Jestha, Asar, Shrawa and Bhadra).

Since the electricity trade with India is done in Indian rupees, during the period of four months, around IRs 4. 49 billion has entered into Nepal from the sale of electricity.

In the month of Bhadra alone, IRs 1.51 billion has been earned from the sale of electricity.

NES estimates to export power worth Rs. 16 billion this fiscal year

Kul Man Ghising, managing director of NEA, said that the amount received from the increase in electricity export every month is contributing to the foreign exchange reserves of Nepal and reducing the trade deficit between the two countries.

He said, “In the current fiscal year, we have set a target of earning about Rs. 16 billion from the export of electricity. We estimate that electricity can be exported until the first week of Mangsir and when the export starts again after Jestha, the target will be met,” he said.

“Now that the festivals are about to start, the domestic consumption of electricity will decrease a bit when the factories are closed, but since our production will be at full capacity, we have sent a proposal for approval for the export of about 200 megawatts of electricity. We are confident that the Indian side will give approval for the export of more electricity soon.”

In IEX, 24 hours are divided into 96 blocks of 15 minutes each and electricity is traded at a competitive rate set by the market.

Therefore, the price of each block is different. The average rate of electricity exported by the Authority in Bhadra is Rs. 9.80 per unit. The average rate for four months is Rs. 9.23 per unit. ( TRN)

France, US hail Modi’s advice to Putin over Ukraine

New York — Prime Minister Narendra Modi was hailed at the United Nations General Assembly for his message to Russian President Vladimir Putin over the Ukraine war, by the US and France at the UNGA meeting in New York.
On the sidelines of the SCO summit in Samarkand on September 16, PM Modi had said “today’s era isn’t of war” while emphasising the need to find ways to address the problems of food, fuel security and fertilizers.
France President Emmanuel Macron and US National Security Adviser Jake Sullivan on Tuesday (local time) welcomed PM Modi’s statement to Putin on Ukraine.
“Narendra Modi, the Prime Minister of India was right when he said the time is not for war. It is not for revenge against the West, or for opposing the West against the east. It is the time for a collective time for our sovereign equal states. To cope together with challenges we face,” Macron said.
Sullivan in a White House statement said: “I think what Prime Minister Modi said — a statement of principle on behalf of what he believes is right and just — was very much welcomed by the United States and for the Indian leadership, which has longstanding relationships in Moscow, from the very top all the way through the Russian government, to continue to reinforce that message that now is the time for the war to end”.
Apart from the UNGA, PM Modi’s statement became popular and was praised by international media.
American network CNN praised PM Modi’s hold on world politics and reported, “Indian leader Narendra Modi tells Putin: Now is not the time for war.”
While another US publication The Washington Post’s headline was “Modi rebukes Putin over the war in Ukraine”. “India’s Leader Tells Putin That Now Is Not an Era for War,” The New York Times said in its headline. It was the lead story on the webpage of both The Washington Post and The New York Times.
Meanwhile, Russian President Putin had said that he knows about India’s position on the Ukraine conflict.
“I know about your position on the Ukraine conflict. I know about your concerns. We want all of this to end as soon as possible,” Putin said.
“But the other party, the leadership of Ukraine has claimed… that they refuse to engage in the negotiation process. They said they want to achieve their objectives, as they say, on the battlefield militarily. We will keep you abreast of everything that is happening over there,” he added.
“The rare reproach showed the 69-year-old Russian strongman coming under extraordinary pressure from all sides,” the Post said.
Putin said that relations between Russia and India are in the nature of a privileged strategic partnership and continue to develop very rapidly. (ANI)

Girls lagging behind boys in math

Around the world, girls are falling behind boys in mathematics, with sexism and gender stereotypes among the root causes, according to a United Nations Children’s Fund (UNICEF) report published on Wednesday.

The report finds that boys have up to 1.3 times the odds of obtaining mathematics skills than girls. Negative gender norms and stereotypes often held by teachers, parents, and peers regarding girls’ innate inability to understand mathematics are contributing to the disparity.

This also undermines girls’ self-confidence, setting them up for failure, says the report, “Solving the equation: Helping girls and boys learn mathematics,” which features new data analyses covering more than 100 countries and territories.

“Girls have an equal ability to learn mathematics as boys. What they lack is an equal opportunity to acquire these critical skills,” said UNICEF Executive Director Catherine Russell in a press release concerning the report. “We need to dispel the gender stereotypes and norms that hold girls back, and do more to help every child learn the foundational skills they need to succeed in school and in life.”

An analysis of data from 34 low- and middle-income countries featured in the report shows that while girls lag behind boys, three quarters of schoolchildren in Grade 4 are not obtaining foundational numeracy skills. Data from 79 middle- and high-income countries show more than a third of 15-year-old schoolchildren have yet to achieve minimum proficiency in mathematics.

Household wealth is also a determining factor. The report notes that schoolchildren from the richest households have 1.8 times the odds of acquiring numeracy skills by the time they reach fourth grade than children from the poorest households. Children who attend early childhood education and care programs have up to 2.8 times the odds of achieving minimum proficiency in mathematics by the age of 15 than those who do not.

The report also notes the impact of the COVID-19 pandemic has likely further exacerbated children’s mathematics abilities. Moreover, these analyses focus on girls and boys who are currently in school. In countries where girls are more likely to be out of school than boys, the overall disparities in mathematics proficiency are most likely even wider.

UNICEF calls on governments to commit to reaching all children with quality education. It calls for new effort and investment to re-enroll and retain all children in school, to increase access to remedial and catchup learning, to support teachers and give them the tools they need, and to make sure that schools provide a safe and supportive environment so all children are ready to learn.

“With the learning of an entire generation of children at risk, this is not the time for empty promises. To transform education for every child, we need action and we need it now,” said Russell.
– Xinhua

 

Nepal PM Deuba wishes Indian PM Modi on his 72nd birthday

KATHMANDU: Prime Minister Sher Bahadur Deuba of Nepal has extended his greetings to Indian Prime Minister Narendra Modi on his 72nd birthday on Saturday.

“On the occasion of your birthday, best wishes for good health and long life, Prime Minister @narendramodi. May Shri Pashupatinath always protect you,” tweeted Deuba.

Recently in May, PM Modi made an official visit to Nepal where the two leaders held bilateral talks in Lumbini.

Both the leaders participated in the foundation stone laying ceremony for the construction of a Centre of Buddhist Culture and Heritage in Lumbini.

Prior to this, PM Modi visited the Maya Devi Temple. He was accompanied by PM Deuba and his spouse Arzu Rana Deuba.

The PMs paid their respects at the Marker Stone inside the temple premises, which pinpoints the exact birth spot of Lord Buddha. They attended the pooja conducted as per Buddhist rituals.

The two Prime Ministers also lit lamps near the Ashoka Pillar located adjacent to the temple.

Thereafter, the two Prime Ministers watered the Bodhi tree sapling from Bodh Gaya which was gifted by PM Modi to Lumbini in 2014 and also signed the temple’s visitor’s book.

As Prime Minister, this was his fifth visit to Nepal and first to Lumbini.

Prior to this, in April PM Modi and his Nepalese counterpart Sher Bahadur Deuba met in New Delhi to launch multiple initiatives as well as signing four crucial agreements in multiple domains.

The two countries signed agreements on Nepal becoming the 105th member of the International Solar Alliance (ISA), technical cooperation in railways, supply of petroleum products and sharing of technical expertise in the petroleum sector between Indian Oil Corporation Ltd. (IOCL) and Nepal Oil Corporation Ltd. (NOC).

The two Prime Ministers also witnessed the launch of the first passenger train service between India’s Jayanagar and Nepal’s Kurtha, the hand-over of the Solu corridor transmission project by India to Nepal and the progress of the construction of 132 health facilities across 10 districts in Nepal under a Government of India (GoI) grant.

The two countries announced the launch of the Indian RuPay card in Nepal, with the domestic variant of the RuPay card (roughly 83 per cent of all RuPay cards issued) to be functional on about 1400 Point of Sale (POS) machines in Nepal.

The move makes Nepal the fourth country outside India where RuPay is functional after Bhutan, Singapore and UAE.

The inaugurated Jaynagar-Kurtha railway section is part of the Jaynagar-Bijalpura-Bardibas rail link being constructed with grant assistance of INR 548 crore from the Government of India. It is a 35 km rail section, 3 km of which lies in the Indian state of Bihar and the rest in Nepal.

The project is the first broad-gauge passenger rail link between the two countries, opening an entirely new dimension for cross-border connectivity. Till 2014, this was an existing rail service on a metre-gauge rail link between Jaynagar and Janakpur.The Solu Corridor 132 kV power transmission line and substation project is one of the major projects in Nepal undertaken under the Government of India’s Line of Credit (LoC). The 90 km 132 kV Double Circuit line connects the remote Solukhumbu, Khotang and Okhaldhunga districts of North Eastern Nepal with Nepal’s national electricity grid.

After its operationalization, the transmission line will bring electricity from existing and upcoming hydro projects in the area into the national grid, and also supply power into the rural electrification networks of nearby districts. The project is expected to be crucial for the socio-economic development in the rural part of Nepal, in addition to contributing to Nepal’s overall economic and industrial development.

Nepalese Prime Minister Sher Bahadur Deuba also held wide-ranging deliberations with PM Modi on various topics including cooperation in the power sector, railway projects, flood control programs, as well as the border dispute between the two countries.(ANI)

22 killed in Nepal landslides

Kathmandu —  At least 22 people were killed and five others missing in landslides overnight in Nepal’s Achham district, a local official said on Sunday.

Incessant rainfalls from Friday morning triggered landslides during the night, which swept away houses in three different parts of the district in far-western Nepal.

“The rescue teams have recovered the dead bodies of 17 people and rescued 11 injured people from the scenes,” Min Raj Acharya, an official from the district, told Xinhua.

“The search for five missing people is ongoing,” he added, noting that the army and the police have been mobilized for the rescue operations.

Of the injured, three were in serious condition and they have been airlifted for treatment in the neighboring province, Acharya said.

As a mountainous country, Nepal is prone to natural disasters like landslides and flash floods during the monsoon season.
UNI/XINHUA PRT

Nepal Foreign Minister Dr. Khadka arrived London to attend the State Funeral of the Queen

London — Minister for Foreign Affairs from Nepal Dr. Narayan Khadka has arrived in London on Saturday to attend the State Funeral of Queen Elizabeth II.

He was welcomed by Special Representative of the Secretary of State for Foreign, Commonwealth and Development Affairs, Ambassador of Nepal to the United Kingdom Gyan Chandra Acharya and Embassy officials welcomed him at VIP Suite of Heathrow Airport.

Foreign Minister Dr Khadka is scheduled to attend the Lying-in-State of Her Majesty the Queen at Westminster Hall, sign the Official Condolence Book at Lancaster House andattend His Majesty the King’s Reception at Buckingham Palace today.

One of the longest standing friendship between Nepal and Britain was established since in 1816. The British Gurkhas is an important feature of the friendship between the two countries.
The Gurkhas’ service in the British army officially started on 24 April 1815. The Royal Family, including the Queen, were present to celebrate 200 years of the Gurkhas’ service to the UK in London in 2015.

Government of Nepal has already declared three days of National mourning for the Queen.

The Queen’s funeral will take place on Monday at Westminster Abbey, with around 400 leaders from all over the world set to arrive in London to pay their respects.

As well as leaders and dignitaries, hundreds of key workers and volunteers have been invited to the proceedings, which will mark one of the most historic events to ever happen in many peoples’ lifetimes.

US President Joe Biden and French President Emmanuel Macron are among the most high-profile guests from overseas who have confirmed they will be attending.

Xi Jinping, Putin congratulates India on SCO presidency next year, extend full support

SAMARKAND — During the meeting of the expanded circle of the Heads of Shanghai Cooperation Organization (SCO) in Samarkand, Uzbekistan, Chinese President Xi Jinping congratulated India for the SCO Presidency next year in 2023.

“I congratulate India for hosting the SCO next year,” Chinese President Xi Jinping said in a statement during the summit. He further extended his support towards India and it’s presidency of SCO next year.

“We will support India for its presidency next year” the Chinese president said in SCO.

Uzbekistan is the current chair of SCO 2022 whereas India will be the next chair of the SCO for the year 2023.

Meanwhile, Russian President, Vladimir Putin, also congratulated India for assuming the presidency for the following year.

Earlier, Uzbekistan’s President Shavkat Mirziyoyev welcomed PM Modi to the Congress Centre in Samarkand for the 22nd SCO Summit. T

his is the first in-person SCO Summit after the Covid pandemic hit the world.

The last in-person SCO Heads of State Summit was held in Bishkek in June 2019.

The SCO currently comprises eight Member States (China, India, Kazakhstan, Kyrgyzstan, Russia, Pakistan, Tajikistan and Uzbekistan), four Observer States interested in acceding to full membership (Afghanistan, Belarus, Iran, and Mongolia) and six “Dialogue Partners” (Armenia, Azerbaijan, Cambodia, Nepal, Sri Lanka and Turkey).

The Shanghai Five, formed in 1996, became the Shanghai Cooperation Organization (SCO) in 2001 with the inclusion of Uzbekistan.

With India and Pakistan entering the grouping in 2017 and the decision to admit Tehran as a full member in 2021, SCO became one of the largest multilateral organizations, accounting for nearly 30 percent of the global GDP and 40 percent of the world’s population.

SCO has potential in various new sectors, wherein all the member-states could find converging interests.

India has already pushed hard for cooperation in Startups and Innovation, Science and Technology and Traditional Medicine.

From the time of its full membership, India made sincere efforts to encourage peace, prosperity, and stability of the whole Eurasian region in general and SCO member countries in particular. (ANI)

Nepal records 13K dengue cases so far

KATHMANDU: The number of people suffering from dengue has reached more than 13,000 in the country.

The bulletin of the Epidemiology and Diseases Control Division has said 13,700 persons had contracted dengue.

The country has recorded the death of 13 persons caused by dengue so far.

Dengue is caused by the bite of aedes aegypti and aedes albopictus species of mosquito which is active, especially at dawn and dusk.

Gautam Adani becomes second richest man in the world: Report

New Delhi — Billionaire tycoon Gautam Adani has now become the world’s second richest man, replacing Bernard Arnault by a whisker on the Forbes list. The Adani Group chairman’s net worth now stands at $155.5 billion ( ₹12.37 lakh crore).

According to the Forbes Real Time Billionaires List, Adani’s net worth rose by $5.2 billion, a hike of 3.49 per cent. He is narrowly ahead of French tycoon Bernard Arnault and Amazon founder Jeff Bezos. Tesla founder Elon Musk continues to occupy the top position in the rich list.

In the top 10 list, Reliance Industries chairman Mukesh Ambani is the second Indian with a net worth of $92.2 billion. The other billionaires in the top ten list include Bill Gates, Larry Ellison, Warren Buffett, Larry Page and Sergey Brin.

On 30 August, Adani had surpassed Louis Vitton boss Arnault to become the world’s third richest man. It was the first instance when an Asian was ranked among the top three billionaires.

The Adani Group’s kitchen essentials firm Adani Wilmar Ltd is now scouting for local and overseas acquisition targets to boost its food operations business, Bloomberg reported. The company’s chief executive officer and managing director Angshu Mallick told Bloomberg that the company is looking to acquire brands in staple foods and distribution companies to boost its consumer goods offering and reach.

Adani Wilmar has earmarked ₹500 crore from its initial public offering for the purchases. The additional funding will be sourced from internal accruals and the 30 billion rupees of planned capital expenditure for next year starting April, he said. The food company’s shares have more than tripled since its $486 million debut in February.

The announcement comes after Mukesh Ambani’s Reliance Industries announced its foray into FMCG business through its subsidiary Reliance Retail in August. ( From : The Hindustan Times )

Training mandatory for the Nepali workers going to the European countries as a caregiver

Kathmandu — The government has made training mandatory for the Nepali workers going to the European countries as domestic help.

The Department of Foreign Employment has made orientation training mandatory for such workers after it was found that some manpower companies were sending workers to Cyprus, Romania among other countries without imparting them the orientation.

The Guidelines on Sending Domestic Workers in Foreign Employment, 2072 has provisions requiring that the workers to be sent for this purpose should be imparted at least 30 days’ training before going abroad for employment.

The Department has also directed the listed manpower companies to make arrangements for sending the workers on foreign employment only after compulsorily providing them the training in accordance with the Work Procedures on Domestic Workers Orientation Training, 2070. (RSS)   

 

Sixteen children rescued from India

Kathmandu: As many as 16 Nepali children who were precariously taken to the Uttar Pradesh of India have been rescued.

Regional Coordinator of Shanti Rehabilitation Home in Nepalgunj, Bhumi Bhattarai informed that the boy children were rescued from child homes based in Gonda and Siddharthanagar of India and brought back to Nepal on Wednesday on collaborative efforts of Shanti Rehabilitation Home Nepal and Deharadun-based Help Cross Organization.

“The Indian security personnel had held the children, who were taken to India via interior entry point of Rupandehi risking their lives, from the Railway Station of Gorakhpur, India. 10 days ago”, coordinator Bhattarai shared.

Among the rescued were 10 from Nuwakot, five from Rasuwa and one from Kailali. Most of them are aged below 12. The rescued children were taken back to Nepal, he said, adding necessary legal process was arranged and consent was taken from the Child Welfare Committee Settlement in Uttar Pradesh.

The rescued children would be handed over to the parents in coordination with the Crime Investigation Bureau of Nepal. Though the children were rescued successfully, those involved in taking the children to India have yet to be identified, the police said. RSS

Kathmandu Metropolitan City to ban consumption of tobacco products in public places

Kathmandu: The Kathmandu Metropolitan City has decided to ban the consumption of tobacco products in public places within the city.

The new policy will come into effect from coming September 17.

The 11th session of the municipal assembly of the KMC passed the policy to effectively implement the provision on the ban on the consumption of tobacco products in public places, according to a notice issued by the KMC.

The banned tobacco products include cigarettes, cigars, bidis, chewing tobacco and gutkas among others.

Those flouting the rule will be booked as per the Tobacco Products (Control and Regulatory) Act, 2068, according to the KMC director and information officer, Basanta Acharya. ( Nepal live today )

Bangladesh to adopt market-based floating exchange rate to rein in foreign-exchange volatility

DHAKA  — Bangladesh is going to adopt the market-based floating exchange rate of the U.S. dollar against the Bangladeshi taka soon, said Bangladeshi Finance Minister AHM Mustafa Kamal on Wednesday.

After a virtual meeting of a cabinet committee, he told journalists in Dhaka “We’re all set to introduce the market-based floating exchange rate soon.”

The latest decision came days after the central bank of Bangladesh asked the banks in the country to fix the maximum exchange rates of the U.S. dollar against the Bangladeshi taka for export-import bills and remittances, in a bid to ease pressure on foreign exchange reserves and end volatility in the forex market.

“We’ve to follow the global practice to set the exchange rate,” he said as the buying and selling rates of the each Greenback soared to 102.37 taka-106.90 taka in contrast to about 95 taka days earlier.

The minister expressed the hope that the move will help bring back stability in the country’s foreign exchange market.

In its bid to boost the shrinking forex reserves, the central bank of Bangladesh in recent months has taken various measures to discourage imports and woo more remittances from millions of Bangladeshi people living and working abroad.

Bangladesh’s forex reserves fell to over 37.0 billion dollars last Thursday after making a routine payment worth 1.73 billion dollars to the Asian Clearing Union against imports made during the July-August period.

The country’s forex reserves surpassed the 48-billion-dollars mark in August last year, the highest ever in history, due to a slowdown in imports and rising remittance and export earnings during the COVID-19 pandemic.

  • Xinhua

China to reopen its border with Nepal to facilitate trade

Kathmandu — China, which had unilaterally closed the border crossing under the pretext of COVID, is going to allow cargo containers stopped in transit to come to Nepal. China has closed the Tatopani and Rasuwagadhi crossings – two major trade points between the two countries – since last month.

In a meeting with President Bidya Devi Bhandari on Wednesday, Chinese People’s Congress Chairman Li Zhanshu assured that the border will reopen soon. Customs authorities have been informally informed that China is going to open the border from Thursday so that the goods stopped in transit can be sent.

In 2016, a transit agreement was signed between Nepal and China. Although Nepal has access to the sea through the Chinese road, it has not been able to fully utilize it. Due to the understanding that the “Free Tibet” activity will increase when the border crossing is opened, China has been making various excuses to tighten the border. China’s trade blockade, which started after the earthquake, has been happening under various pretexts until now.

Even though Nepal repaired the road on its side after the earthquake, China was not interested in opening the Tatopani crossing. After that, the gate that was opened was closed for a long time under the pretext of covid. It has been closed again since last month.

 

17 mn in Europe experienced long Covid; WHO urges nation to find solution

New Delhi — At least 17 million people in the World Health Organisation (WHO) European Region experienced the post-Covid-19 condition, or long Covid, in the first two years of the pandemic, said a statement from the United Nations health agency.

“Governments and health partners must collaborate to find solutions based on research and evidence,” said Hans Kluge, WHO Regional Director for Europe, in the statement on Tuesday.

With millions of people likely to be affected by the aftereffects of contracting Covid during the pandemic “for years to come,” WHO urged countries in the region to “take post Covid-19 condition seriously by urgently investing in research, recovery, and rehabilitation”.

The findings, which cover the years 2020 and 2021, come from a recent international “new modeling” study done for WHO Europe by the Institute for Health Metrics and Evaluation (IHME) at the University of Washington’s School of Medicine in the US, Xinhua news agency reported.

It shows a “staggering 307-per cent increase in new long Covid cases identified between 2020 and 2021, driven by the rapid increase in confirmed Covid-19 cases from late 2020 and throughout 2021”.

According to the statement, the modeling also indicates that females are twice as likely as males to have long Covid.

Among severe Covid-19 cases requiring hospitalisation, one in three females and one in five males are likely to develop long Covid.

The WHO defines the long Covid as “a constellation of long-term symptoms that some people experience after having Covid-19, such as fatigue, breathlessness and cognitive dysfunction (for example, confusion, forgetfulness, or a lack of mental focus and clarity)”.

“For these goals to be achieved, we need all countries in the region to recognise that long Covid is a serious problem, with serious consequences and requires a serious response to stop the lives of those affected from getting any worse,” Kluge added.

–IANS

Nepal’s FM Narayan Khadka to attend British Queen Elizabeth’s funeral

Kathmandu — Minister for Foreign Affairs, Narayan Khadka, will go to London to be a part of the funeral of the deceased British Queen Elizabeth II.

Prime Minister Sher Bahadur Deuba’s foreign affairs advisor Arun Subedi informed Khadka would be attending the funeral.

Khadka will fly to London on Saturday.

The funeral will take place in London on September 19. Elizabeth II died on September 8. She was 96 years old.

Nepal has already declared three days of national mourning over the demise of Queen Elizabeth II.