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BAIDYA GROUP IN UCPN SEIZES HARVESTED PADDY IN DANG, KAILALI
Kathmandu, 8 Nov.: Supporters of Maoist Vice-chairman Mohan Baidya Monday captured just harvested paddy crop in Dang as the establishment of UCPN (Maoist) decided to return seized assets. Including
agricultural land.
Baidya supporters burnt copies of a seven-point agreement the Chairman Prachanda and Prime Minster Baburam Bhattarai signed with riloing parties and two opposition parties NC and UML for return of seized
assets during the 10-year Maoist people’s war.
Bhattarai has vowed to implement the 7-point deal to conclude
the delayed peace process and constitution drafting.
The processes have to be completed by 30 November as only 22 days remain conclude the processes.
Demonstrations were held against the establishment side in
Ghorai Monday as well as harvested cops were seized; Baidya faction has threatened to obstruct the implementation of the 7-point agreement.
Farmers said they’ve been exploited by the agreement.
Harvested crops were also captured in neighbouing Kailali district in the far-West.
In the capital, the Baidya group held discussions Monday to draw up plans to oppose the agreement between the ruling parties and two opposition parties.
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SON ALLEGEDLY KILLS MOTHER
Kathmandu, 8 Nov.: A son allegedly killed his own mother attacking her with a spade in Ashrang VDC-6 of the district, RSS reports from Gorkha.
The deceased has been identified as a 64-year old Tika Maya Kunwar.
A minor altercation at the home on Monday morning culminated the tragedy when the mother got a bang on the head from her 32-year old son Ramchandra Kunwar, according to District Police Office, Gorkha.
Police has detained Ramchandra at District Police Office, Gorkha, while the dead body has been kept at Gorkha hospital for autopsy.
Ramchandra is the only son of the deceased, informed locals.
The deceased was suffering from paralysis and was bed-ridden for the past four years.
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EXPORTERS FAIL TO VERITY VALUE ADDITION
Katmandu, 8 Nov.: Exporter’s failure to verify exact value addition to Department of Industry has kept them away from the cash incentive facility, Eliza Manandhar writes in The Himalayan Times..
According to the exporters, the Cash Incentive Policy should be hassle free. Ministry of Commerce and Supplies (MoCS) along with Ministry of Industry is planning to resolve the issue to simplify the procedure. “The Cash Incentive Programme has been brought with a great effort,” said joint secretary at the MoCS Chandra Kumar Ghimire, said, adding that and it was brought to develop and promote the export sector.
“There are some procedural problems in the verification of value addition at the concerned department,” he added. “We are holding interministerial interaction to resolve the problems.”
The Cash Incentive Policy 2068 includes verification of value addition by the industrialist to get the cash incentive “but the industrialist are finding it difficult to verify value addition in their product,” said Ghimire.
According to the government criteria for cash incentive, if a product has a value addition of 30 per cent to 50 per cent, the exporter will get cash incentive of two per cent, whereas if the value addition is 50 per cent to 80 per cent, the exporter will get three per cent cash incentive, and value addition of more than 80 per cent will get a total cash incentive of four per cent.
But, cash incentive will only be granted to exports made in convertible currency and the exporters will get cash incentive from the same bank with which they are doing the transaction.
Finance Ministry has already deposited Rs 240 million in the Central Bank for the implementation of the cash incentive facility, however lack of sufficient value addition verification to the Department of Industry has made it difficult for the exporters to take advantage from it.
The central bank will deposit cash to their respective banks of the exporters claiming cash incentive to their respective banks. “But the Department of Industry has to certify value addition of exports claimed for the cash incentive,” he said, adding that the exporters have failed to verify exact value addition of their products due to complicated criteria of the policy.
The exporters have repeatedly complained about the confusing and complicated process of the Programme.
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PAKISTAN WIN FIRST SAARC TWENTY20
Kathmandu, 8 Nov.: Pakistan won the first SAARC Twenty20
in Maldives Monday beating Sri Lanka by eight runs.
Nepal crashed out of the cricket tournament losing to Sri Lanka and Pakistan in Group B league matches.
Nepal won against an Indian team.
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