MEGA BANK NEPAL GOING PUBLIC
Kathmandu, 24 May: Mega Bank Nepal is going public 2 June 2 to raise Rs.699 million.
Each share has a face value of Rs.100.
The bank has a paid-has a paid-up capital 1.63 billion.
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HIGH-LEVEL POLITICAL MECHANISM MEETS
Kathmandu, 24 May: High-level political mechanism of three parties and Madesh orcha Friday asked SP hief Rajendra Mahoto to whthdraw his hunder strike.
Parties and the front discussed current issued.
The leading political players decided to hold consultations with government Sunday on delay in announcing dates for constituent assembly elections.
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UPDATE SAPTARU RETURNING TO NORMAL
Kathmandu, 24 May: Central terai district Ssaptari returned to normal Friday as last rites of slain former lawmaker was held according to Muslim rites.
Markets reopened and vehicles are voving of roads in the district.
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BLAME GAME BETWEEN GOVT. AND PARTIES ON DELAY IN ANNOUNCING ELECTION DATE
Kathmandu, 24 May: Minister for Youth and Sports Ram Kumar Shrestha has said the declaration of the CA election date has been delayed due to the disagreement among parties, RSS reports..
At an interaction on ´Youth participation in CA´ organized here today by the Nepal Independent Youth Association, he said the main cause of delay is lack of agreement among parties. They could not forge consensus on threshold and candidacy in election, he said.
Shrestha said the government will wait for some time and if consensus not forged, it will declare election through its own process.
The government formed for election will not engage in political strategies and it does not care whether the declaration benefits one or the party. We are discussing with parties, as declaration without necessary infrastructure will be immature, he added.
The minister also said the youths should come to national politics without shouldering the parties.
Shrestha said the Ministry Of Sports And Youth could not make effective programmes for lack of budget and is thinking of forming a National Youth Council.
Nepal Independent Youth Association Chairman Bishal Gaire said the stakeholders should be serious to implement the national youth policy even after passing of four years.
Speaking on the occasion were Youth Association Nepal Chairman Mahesh Basnet, Nepal Tarun Dal Chairman Udaya Shumsher Rana, Young Communist League Nepal Chairman Ganeshman Pun, among others.
On the occasion, the Association submitted a nine-point demands including formation of the Youth Council and formulation of Employment Act.
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