September 15, 2026, Tuesday
English

Do not take immediate budget for the operation of Hetauda textile industry: Minister Gauri Kumari

Main News Image

Look around. Industry, Commerce and Supply Minister Gauri Kumari Yadav has said that the Hetauda textile industry, which has been closed for a long time, will be operated immediately without additional budget from the Ministry of Finance. Minister Yadav said that after arranging the legal process, arrangements will be made to spend the amount of rent arrears worth about half a billion rupees, which has not been collected from the industrial sector for years, for the upgradation and operation of the Hetauda textile industry.

Minister Yadav said that while inspecting the garment industry in Hetauda, ​​which is undergoing testing today, the industry should not be limited to testing and should be taken to regular and continuous production.

mediabaaji add

Related News

NEPSE increased by 9.78 points today, turnover of 3.94 billion

Kathmandu. On the second trading day of the week, the NEPSE index increased by 9.78 points to 2550.36. During the day, 88 lakh 93 thousand 778 shares of 335 companies were bought and sold, with a turnover of 3.94 billi...

Genji Movement: Payment of over five billion claims for physical and other damages

Kathmandu. Out of the insurance claims for physical and other damages during the Zenji movement, Rs. 5.18 billion has been paid to the insured so far. The Nepal Insurance Authority issued a press release today and said that out of a total of 3,303...

Extensive changes in the tax system by the government through the budget: Abolition of some taxes and fees

Kathmandu. With the aim of providing relief to citizens and businessmen through the budget of the next financial year, the Government of Nepal has canceled some of the taxes and fees imposed in the past and has significantly reduced some of them....

Private sector urges accelerated economic growth through wealth creation and legal reform

Kathmandu: Birendra Raj Pandey, President of the Confederation of Nepalese Industries (CNI), said that the private sector is encouraged by the current stability seen in the country’s economic system. He stressed that since such stability is a rare...

What are the foreign currency exchange rates for today?

Kathmandu. Nepal Rastra Bank has determined the foreign currency exchange rate for Wednesday. According to the determined exchange rate, the buying rate of one US dollar is 146 rupees 06 paisa and the selling rate is 146 rupees 66 paisa. Similarly...

Financial statements of companies applying for IPOs will now be subject to mandatory review

Kathmandu. The Nepal Securities Board has implemented a system to review the financial statements of companies applying for initial public issue IPO through accounting experts. The board has issued the 'Standards for Revision of Financial Statemen...