Unveiling major highlights of the report entitled “Transaction cost in Farmers Managed Irrigation System in Nepal”, noted economist Dr Ram Chandra Bhattarai said farmers should be encouraged to engage in commercial farming. [break]
The report was prepared with the support of South Asian Network for Development of Environment and Economic (SANDEE) on the basis of the study of 60 irrigation system in the Kathmandu Valley.
´Artha ko Artha´ into 17th year
KATHMANDU, April 25: ´Artha Ko Artha´ -- the first TV program devoted to economic news -- entered 17th year of its service on Sunday.
Independent Business News that has been producing the program, which airs on Nepal Television on Sundays, focused on different activities of business, financial and industrial sectors, besides conducting discussion program on economic issues.
Independent Business News has also been producing ´Saptahik Arthik Gatibidhi´ - a weekly business roundup show - every Friday on Image Channel.
International Dev Bank in Biratnagar
KATHMANDU, April 25: International Development Bank Ltd has opened its 9th branch in Biratnagar.
The bank will provide all facilities including ABBS and ATM, the bank said in a statement, received on Sunday. Morang CDO Shashi Shekhar Shrestha inaugurated the new branch.
The bank has so far collected Rs 1.90 billion as deposit and lent Rs 1.87 billion. The bank plans to open 10 branches in this fiscal and year and aims to add 10 branches every year for the next five years.
Rajaram Khadka, CEO of the bank, said, the bank provides 12 percent interest on Special Fixed Deposit Account and 10 percent interest on International Best Services Account.
Related story
Revised interest rate corridor system introduced
