Global’s Special General Assembly
VOL. 05, NO. 05, August 19, 2011 (Bhadra 02, 2068)
Special General Assembly of Global Bank on Monday passed a proposal to start merger process with appropriate bank or cooperative.
The General assembly was held in Birgunj and has given mandate to board of directors to explore appropriate partners in the market. Compared to previous fiscal year, the Bank has an increase of 75% in its operating profit, which amounts to 28 crore and 82 lakhs. The bank is providing banking services through 28 branches and 35 ATM counters.
Illegal Charges For Indian Vehicles
Industrialists have complained that vehicles having Indian number plates are asked for extra illegal money in the highways from various companies.
Although the government has made a decision to remove all road taxes, people in Biratnagar are still asking for money in road taxes.
Municipality, people’s society, truck businessmen union, district development committee, and police are taking the money, complain industrialists. “In many places vehicles are not allowed to go forward by the police without paying money depending on the things they carry,” said industrialist Pradeep Murarka. “Yesterday only, I had to pay NRP 3,000 to travel from Biratnagar to Siraha.”
Although there have been assurances that all road blocks have been removed, people are forcefully collecting money and are protected by police.
ILO 169 Not Implemented
Experts believe not implementing Nepal ratified ILO (International Labor Organization) 169 convention will have negative impacts. They said not implementing the political assurance, not cohering with the indigenous people and not taking tribal rights as human rights are the main weaknesses.
Government ratified ILO-169 on Bhadra 5th, 2064. Within one year of ratification of the treaty other laws and practices related to it should have been modified or terminated, then only the treaty is believed to be implemented. Within one year of implementation of treaty, report should be submitted to the ILO’s central office.
At an event organized by the European Union on the World Indigenous People’s Day, UN ILO Program Manager in Nepal Shailendra Kumar Jha said, “We should have submitted the report two years before, since we are late, it shows political parties are not concerned towards indigenous people’s rights.”
Chameliya Project Won’t Complete In Time
Civil contractor, China Gezhouba (Group) Corporation (CGGC), has bulldozed the cover dam of Chameliya River after successfully building main dam as it has not received the contracted amount.
River water should have flown from the diversion tunnel but due to demolition of the cover dam, river is flowing through the main dam. Due to high current of water, there is possibility of damage on the structure of main dam, said an official of Nepal electricity authority (NEA). According to him, it cost more than NRS 80 million to build the cover dam. It was built to control the flood water in rainy season.
Since NEA was not able to pay the amount in time; CGGC was not able to build the dam as stated, said Rajeshwar Man Sulpya, director of power trade department at the Nepal Electricity Authority. According to him, NEA is left to pay 200 million to CGGC. Although NEA and CGGC contracted to pay the money within 56 days after the time of submission of the bill, NEA used to take more than 90 days to pay the amount, Sulpya said. “After failing to pay within the specified time, CGGC is sending contract termination letter every month,” he said.