Saturday, October 10, 2026

AEPC distributes electric stoves to indigenous, Dalit students

Kathmandu, Oct. 9

The Alternative Energy Promotion Centre (AEPC) has begun distributing electric stoves to students from endangered indigenous nationalities and Dalit communities who have come to Kathmandu from outside the valley and are living in rented accommodation while pursuing undergraduate or higher-level studies, under its Clean Energy Programme.

Under the electric stove distribution programme being conducted on 8, 9 and 12 October, around 250 students from those communities will receive electric stoves.

The initiative aims to provide, albeit symbolically, some relief from the difficulties caused by shortages of liquefied petroleum gas (LPG) in the Kathmandu Valley and rising LPG prices by using electric stoves, the AEPC said in a statement on Friday.

It also aims to increase the consumption of domestically produced clean energy and further expand the promotion of electric stoves.

The AEPC has previously distributed more than 7,000 electric stoves targeting students. In partnership with local governments, it has also promoted electric stoves among 170,000 households.

In addition, under the Clean Cooking Solutions Programme being implemented in 22 Tarai districts with support from the Green Climate Fund, the Centre aims to distribute 500,000 electric stoves.

Launching the electric stove distribution programme, AEPC Executive Director Nawa Raj Dhakal said the use of electric stoves would directly contribute to increasing clean energy consumption and reducing the use of fossil fuels. He also said that using electric stoves would significantly reduce students’ monthly expenses.

The promotion of electric stoves has contributed to the government’s long-term goals related to renewable energy and climate change mitigation and adaptation. Under its Third Nationally Determined Contribution, the government has set a target of promoting electric stoves in 2.1 million households and 15,000 institutional settings by 2035 to reduce carbon emissions from the energy sector.

However, Nepal remains significantly dependent on traditional energy sources.

According to the Economic Survey for fiscal year 2025/26, traditional energy accounts for 58 per cent of total energy consumption, commercial energy for 39 per cent and renewable energy for around 3 per cent.

Of total commercial energy consumption, petroleum products account for 22 per cent, coal for 9 per cent and electricity supplied through the national grid for 8 per cent. With electricity accounting for 8 per cent and renewable energy for around 3 per cent, only 11 per cent of total energy consumption currently comes from clean energy. "This highlights the challenge of converting the remaining 89 per cent of energy consumption to clean, renewable sources," said the AEPC.

According to the National Population and Housing Census 2021, firewood accounts for nearly 51 per cent of the main cooking fuels used by households, followed by LPG at 44 per cent, animal dung cakes at around 3 per cent, electricity at 0.5 per cent and biogas at 1.2 per cent.

 Published in The Rising Nepal on 10 October 2026.      

FM Wagle directs to reward sellers

Kathmandu, Oct. 9

Finance Minister Dr. Swarnim Wagle has directed the Inland Revenue Department (IRD) to introduce a provision to provide cash rewards to sellers of goods and services under the taxpayer incentive programme.

Speaking at a revenue review meeting held at the Ministry of Finance on Friday, said that the programme has encouraged consumers to ask for bills and directly contributed to revenue collection, so the IRD should extend incentives to sellers as well.

The government has been rewarding consumers with cash for taking bills since the beginning of the current fiscal year 2026/27, with the aim of developing a culture of issuing and receiving bills and building a formal economy.

Saying that complaints had been received that traders were reluctant to issue bills despite the growing culture of asking for them, Dr. Wagle said sellers also needed to be encouraged.

“It appears that the practice of taking bills has become widespread. But it is also necessary to introduce an incentive policy for those who are expected to issue bills,” he told senior officials under the ministry. “Amend the procedure and bring forward a proposal on how much can be provided and how it can be distributed, so that issuing bills does not become a burden for them.”

He said that, alongside developing a culture of taking bills, it was also necessary to develop a culture of issuing them.

Under the taxpayer incentive reward programme, which began on mid-July, one consumer has been receiving a daily cash prize of Rs 134,000 every 15 days based on bill numbers, while one consumer receives a bumper cash prize of Rs. 1 million during each 15-day period.

If the department makes the necessary provision in the procedure in time, sellers will also be eligible for rewards when prizes are announced for October end. According to the MoF, the reward for sellers will be lower than that offered to consumers, although the exact amount has not yet been determined.

 Published in The Rising Nepal on 10 October 2026.      

Preparations underway for PM Shah's visit to India: MoFA

Kathmandu, Oct. 9

The Ministry of Foreign Affairs (MoFA) said on Friday that the date for Prime Minister Balendra Shah’s visit to India is yet to be finalised.

"The MoFA is making internal preparations for the Prime Minister’s high-level visit," Spokesperson of the Ministry Lok Bahadur Paudel Chhetri said at a press briefing, adding that the visit will take place at a time convenient to both sides, and the official announcement will be made once the date is finalised.

PM Shah's India visit has been an issue of discussion since he took the post of the head of government. Earlier, the MoFA had said that it was preparing discussion agenda for the bilateral cooperation between Nepal and India.

Likewise, Chhetri said that the government is coordinating with the Chinese government to reopen the Tatopani–Zhangmu and Lizi–Korala border points. Following the Bhotekoshi flood, the Rasuwagadhi border point has become inaccessible while Tatopani is intermittently disturbed by landslides, and Korala lacks necessary infrastructure at the Nepal side.

"Discussions were underway on bringing alternative border points into operation to prevent disruption to trade between Nepal and China. The government is taking steps to open Tatopani and other border points to maintain the smooth movement of people and trade between Nepal and China," he said.

Similarly, preparations were also underway for Nepal’s high-level participation in COP-31, scheduled to be held in Antalya, Türkiye, from 9 to 20 November. Preparations for the second edition of the Sagarmatha Dialogue are also being advanced.

Meanwhile, 18,749 people have so far used Nepal’s e-Attestation System, while 45,920 documents have been authenticated through the system. The ministry said more than 100,000 users are using the ‘MOFA Mitra’ app, which was launched to register complaints from Nepalis stranded abroad or requiring rescue, as well as grievances related to insurance and compensation.

"As part of efforts to preserve Nepal’s historical heritage, more than 800 written documents dating from the 13th to the 20th centuries held in Germany have been handed over to Nepal," Chhetri informed.

The documents were handed to Nepal last week.

According to the MoFA, discussions were continuing with India on trade, transit, water resources and air routes. Nepal presented a proposal concerning the Bhotekoshi flood and climate change at the 153rd Assembly of the Inter-Parliamentary Union (IPU), and supported Bhutan’s proposed candidate for the post of the 16th Secretary-General of SAARC.

In addition, the ministry has launched an Instagram account to disseminate diplomatic information and activities to the public.

 Published in The Rising Nepal on 10 October 2026.      

Gaire appointed WTA Advisor

Kathmandu, Oct. 9

Chartered accountant Govinda Sharma Gaire has been appointed to the Advisory Board of the World Taxpayers Association (WTA).

He has been active in the areas of taxpayers’ rights, tax policy and fiscal governance in Nepal. Gaire’s appointment was made during the general assembly and conference of the World Taxpayers Associations held in Krakow, Poland earlier this week.

His appointment by the association’s general assembly provides an opportunity to represent Nepal’s taxpayers’ rights campaign at the international level.

The WTA, an international network comprising taxpayers’ organisations from more than 50 countries, has been promoting the protection of taxpayers’ rights, fair taxation, transparent public spending and accountable government.

Gaire is the founding president of the Nepal Taxpayers Welfare Society (NTWS). He has consistently advocated the protection of taxpayers’ rights and interests, greater public awareness of taxation, reforms in tax administration, and making tax policy more transparent and accountable.

A chartered accountant (CA) with a master’s degree in management (MBS) and a bachelor’s degree in law (LLB), Gaire has more than two decades of professional experience in financial and operational auditing, financial regulation, and legal and compliance matters relating to the capital market.

His professional experience is expected to enable him to contribute to international discussions on tax policy, tax administration reform and taxpayers’ rights, the NTWS said in a statement.

The concept of taxpayers’ rights emphasises that, alongside their obligation to pay taxes, taxpayers should be entitled to fair treatment, effective public services, an opportunity to appeal decisions independently, and a judicial hearing. Gaire has consistently stressed that transparency, simple administration and accountable use of public resources are essential for strengthening public trust in the tax system, read the statement.

 Published in The Rising Nepal on 10 October 2026.      

PMO prepares draft of National Express Investment System

Kathmandu, Oct. 9

The Prime Minister's Office (PMO) informed that it has prepared a draft of the National Express Investment System (Operation and Management) Procedure, 2083 to facilitate both domestic and foreign investment.

Spokesperson of the Office Hemraj Aryal informed at a press conference held on Friday that it will facilitate investment from Nepali and foreign investors.

He said that the recruitment process has been initiated to carry out the modification, maintenance, software development and operation of nine systems of a common nature and national importance through the Software Development and Operation Centre.

Likewise, work is also underway to ensure the smooth operation of the Government Integrated Office Management System (GIOMS) across the country.

Similarly, the Central Monitoring and Evaluation Committee has decided to ensure the smooth supply of essential goods during the festive season and to intensify monitoring to prevent black-marketing and unjustified price increases. The meeting held at the PMO also decided to strictly enforce measures concerning public transport for passengers, control of fares, and measures against drunk-driving and speeding.

Meanwhile, the National Vigilance Centre directed the concerned agencies to take action against 1,167 employees found to have violated the code of conduct in the past two weeks.

 Published in The Rising Nepal on 10 October 2026.      

Nepal needs investment to reform export sector: Minister Shah

Kathmandu, Oct. 8

Minister for Industry, Commerce and Supplies Dipak Kumar Shah said that Nepal can't reform its export sector without increasing both domestic and foreign investment.

"To reform the export sector, we need to reduce the cost of production and improve productivity, establish an effective product certification system and implement digital upgrade in the entire system," he said while speaking at an event on 'European Union-India Free Trade Agreement's impact on key sectors in Nepal' organised by the European Economic Chamber (EEC) – Nepal in Kathmandu on Thursday.

According to him, Nepal needs to make investment easier, faster, and more attractive, from approval to implementation and from production to export. He also emphasised a mutual recognition arrangement between Nepal and the EU, so that a product tested in Nepal is accepted in Europe.

Stating that paperless border trade in Nepal is only around 33 per cent compared with about 94 per cent in India, Minister Shah said, "The question is not how we protect Nepal from this free trade agreement. The question is how we prepare Nepal to benefit from the new economic architecture created by this EU-India FTA."

According to him, if Nepal can establish appropriate rules of origin, diagonal cumulation, and an efficient border crossing mechanism, Nepal can become a meaningful partner in India and EU collaboration.

He said that if Nepal is to access the EU market, it must have global-standard quality certification, reliable delivery, and strong rules for intellectual property and geographical identity. He further said that the GSP+ should be treated as a project not a policy, requiring rectification of around 30 international conventions, an action plan and enhanced monitoring, while stressing stronger cooperation among the government, European business committees and EEC-Nepal.

Minister Shah presented clean renewable energy and tourism as the sector with strategic advantage for Nepal.

 

EU interested in hydropower development

Ambassador of the Delegation of the EU to Nepal Charles Whiteley said that products and services such as yarn, natural fibres, leather, processed foods, packaging, and business services offer promise. "In this regard, the private sector's proposal to develop cross-border processing zones in partnership with Indian firms deserves serious consideration," he said.

According to him, the clearest immediate opportunity lies in Nepal's potential to become a stronger supplier to Indian manufacturers exporting to Europe. Commercial linkages already exist. India is the main buyer of Nepal's intermediate textile exports, yet Nepal still accounts for only a very small share of inputs used by Indian industry.

Ambassador Whiteley said that the European investors consistently look for three things - predictable rules, efficient approvals and confidence in the movement of capital.

A fully operational one-stop service for investors, clear administrative timelines, simplified procedures for land, forex, exchange, and profit repatriation, and continued progress on financial integrity would make Nepal a highly attractive proposition for European investors, he said.

He stated that through the Global Gateway, together with the European Investment Bank and EU member states, the EU is keen to help advance bankable projects in generation, transmission, and cross-border electricity trade. Whiteley also said that Nepal's real comparative advantage lies in products with a strong and authentic story - such as tea, cardamom, coffee, medicinal plants, essential oils, carpets, and ashwagandha.

"European consumers increasingly value origin, craftsmanship, and sustainability and they are willing to pay for these qualities," he said, "The EU is not always an easy market to export to in that regard. I'm sure we will work more with the European Chamber to make our regulations, which sometimes seem to fly out of nowhere, better understood and better followed."

President of EEC-Nepal Narayan Bajaj said that the impact of EU-India FTA will be severe on readymade garments while Nepal's graduation from the Least Developed Country (LDC) will bring more complicated requirements.

"So, the government has to think in advance how to increase competitiveness of our industry. Pashmina and other textile products from India will also challenge our export to EU as India will have Zero tariffs," he said.

 

'Tap on hydro potential'

Economist Nishant Khanal said that Nepal's textile export will suffer the impact from the FTA implementation. This sector is estimated to experience a loss of US$ 7 million by the end of the FTA.

"Hydropower has green advantage. India receives no Carbon Border Adjustment Mechanism exemption under the FTA which has affected Indian producers of iron, steel, cement, fertilisers and aluminum," he said.

He stated that green power from Nepal lowers embedded carbon in Indian exports and cuts the CBAM certificates Indian manufacturers must buy, giving them a reason to locate carbon-sensitive processing in Nepal. More than 43,000 MW electricity in Nepal is economically feasible, with 23.6 million Euro of GREEN+ support committed.

"Cross-border power trade and India's rising industrial demand make Nepali hydro a prime blending opportunity through European Investment Bank and KFW Germany, aligned to the GREEN+ portfolio," said Khanal.

Likewise, branding, design, certification and quality upgrading for high-value, identity-linked products, pashmina, orthodox tea, cardamom and medicinal and aromatic plants can expand opportunity for Nepal. 

 Published in The Rising Nepal on 9 October 2026.      

Nepal, Oman discuss opening embassy in Kathmandu

Kathmandu, Oct. 8

Nepal and Oman have discussed the establishment of an Embassy of Oman in Kathmandu and the establishment of a Nepal-Oman friendship association.

At the Second Meeting of the Nepal–Oman Bilateral Consultations held in Kathmandu on Thursday, they reaffirmed their commitment to further strengthening bilateral relations and expanding cooperation across areas of mutual interest.

The meeting explored opportunities to expand bilateral trade and investment, particularly in hydropower, agriculture and other priority sectors, informed the Ministry of Foreign Affairs (MoFA) in a statement.

Tourism promotion, enhanced air connectivity and cooperation in the health sector were also discussed as important areas for strengthening economic ties and fostering closer engagement between the two countries.

The MoFA said that the two sides further discussed preparations for the joint commemoration of the 50th anniversary of the establishment of diplomatic relations in 2027.

They also reaffirmed their commitment to further enhancing bilateral cooperation in various areas, including agriculture, trade, tourism, investment, labour migration and culture, among others.

Briefing the Omani delegation on the recent devastating flood in the Bhotekoshi River and appreciating the urgent humanitarian support from friendly partners, Nepali delegates expressed hope for continued support for recovery, rehabilitation and reconstruction efforts.

Likewise, cooperation on labour migration featured prominently in the discussions, with both sides emphasising the importance of ensuring safe, orderly and mutually beneficial labour mobility. "The meeting underscored the need to safeguard the welfare, rights and interests of Nepali workers in Oman and stressed the importance of expediting the conclusion of the proposed Memorandum of Understanding (MoU) on Labour and Manpower Exchange," said the MoFA.

The meeting also discussed cooperation in culture and education, with both sides exploring opportunities for cultural programmes, scholarships, diplomatic and academic exchanges, and enhanced people-to-people contacts.

The Nepali delegation was led by Foreign Secretary Amrit Bahadur Rai, while the Omani delegation was headed by Sheikh Khalifa Al Harthy, Undersecretary for Political Affairs at the Foreign Ministry of Oman. The Bilateral Consultation Mechanism was established through a Memorandum of Understanding signed in 2017.

The first meeting of the mechanism was held in Muscat in August 2024.

 Published in The Rising Nepal on 9 October 2026.      

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