King calls parties to be 'patriotic' 

Vision Nepal launches business directory

Execution of Mahakali Treaty stressed

Int’l rights confab to be held in Kathmandu

Bhimad toll includes two civilians

Students demand of a republic is a sign for a better Nepal: Koirala

PRGF selects six districts for its Pilot Project

NSU suggests a republic

Marginal rise in Nepse index

Charumati's jewels stolen

Fake note racket busted

45 Nepali workers stranded in Malaysia

Their Majesties to be felicitated at 12:30 today

Civic felicitation not justifiable: Leaders

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King calls parties to be 'patriotic' 

Renewing his commitment for a multiparty system in Nepal, His Majesty King Gyanendra Sunday called upon all political parties to become “people-oriented” and “patriotic.”

The King, who uttered the word “multiparty system”, at least for six times during his civic felicitation speech delivered in Nepalgunj, said, his actions are always guided by the will of the people.

“We are totally committed to multiparty democracy,” the King said addressing the gathering of thousands of people in the regional headquarters of the mid-western region.

“The system of multiparty democracy has worldwide acknowledgment. Attempts are being made here to make this system unsuccessful,” the King said.

“I believe, the multiparty democracy can be made more relevant through people-oriented politics,” he said. 

“Today, our country is passing through a critical phase in its history,” the King said. “There are grievances that since the introduction of the multiparty democratic polity, in accordance with the people's wishes, neither has politics addressed national and public welfare, nor has governance been pro-public.”

“It is natural in a multiparty democracy to have ideological differences and competition, but the ‘focal point’ must always be patriotism,” the King said. “Nationality must not be weakened in the tussle for power.”

On elections, the King urged all to create conducive environment for holding polls in the country.

“I call upon all, who have faith in multiparty democracy, to work towards creating a favourable atmosphere to hand over power to the elected government which can be formed after holding general elections soon,” he said.

He, in the meantime, said elections are possible only if peace and security situation of the country improves.

Hinting towards the students’ protests, the King said “It is better to engage the youths in creative work in accordance with their capacities than to ‘politicize’ them.”

Speaking on the “needs” of the country, the King said peace and security, good governance, development and discipline are the four necessities of Nepali people.

On the “desires” of the monarchy, he said he wants to see a corruption-free society, consolidation of democracy and fulfillment of people’s basic requirements. 

“The days of monarchy being seen but not heard, watching the people's difficulties but not addressing them and being a silent spectator to their tear-stained faces are over,” he said.

“We, once again, call upon politicians to stop saying 'me' but say 'us', stop saying 'party' but say 'people',” the King said.

He also stressed on achieving economic goals through increasing commercial ties with India and China.

At the end of his speech, the King said, “Let’s promise together to make multiparty democracy more relevant.” nepalnews.com mr Feb 08 04

Related News
- Full Text of King Gyanendra's address 
- Their Majesties to be felicitated at 12:30 today


Vision Nepal launches business directory

Vision Nepal Publication (VNP) has launched a business directory amidst a function in Kathmandu Sunday. The directory is said to be different than those that already exist in the market.

"The directory is updated and precise," said Urmila Basnet, Executive Director of the VNP adding, "VNP will continue publishing directories in the coming years."

Deputy Speaker of the dissolved House of Representatives, Chitralekha Yadav launched the directory. nepalnews.com pd Feb. 08 04


Execution of Mahakali Treaty stressed

Retired government officials of Nepal and India have formulated an 
eight-point agreement for the execution of the Mahakali Treaty signed 
by the two countries some eight years ago, Nepal Samacharpatra said Sunday.

Such an initiative from the ex-officials follows a long standing 
disagreement regarding the implementation of the Treaty which was 
signed on February 12, 1996, the daily said. The grouping of the 
ex-officials formed at the non-governmental level is known as “Track 
Two.”

Track Two will submit the eight-point agreement to the governments of 
Nepal and India, the daily said. The Track Two meeting has also 
suggested Nepal and India set a new a date to finalize Detailed 
Planned Report (DPR) of the Pancheswor project and decide the venue for the placement of the regulating dam.

Similarly, the meeting further suggested both countries to inform the 
public about the benefits of the Treaty, to facilitate the project 
site with communication and roads and construct a high-level Mahakali Commission which can play a vital role for the successful 
implementation of the Treaty.

At the same time, the meeting also suggested to canalize the river 
water from Tanakpur unto the Nepali territory as per the Mahakali 
Treaty, the daily added. nepalnews.com pd Feb08 04


Int’l rights confab to be held in Kathmandu

An international conference on human rights comprising of rights commissions of 12 Asia Pacific nations is scheduled to be held in Kathmandu from February 16 to 18, published reports Sunday said. 

The meet is believed to be of special import especially in the context of growing human rights violations in the country.  

Representatives of 12 Asia Pacific nations will discuss the human rights situation in the region, makings suggestions in governing steps to be taken by governments to ensure better rights prospects, reports citing a statement of the National Human Rights Commission (NHRC) said.  

NHRC, according to reports, has informed that all the invitees have assured of participation, irrespective of the security situation of the country. Earlier, they had opted out of the meet that should have taken place four months ago. United Nations and the Amnesty International are also taking part at the meet.  nepalnews.com mbk Feb 08 04


Bhimad toll includes two civilians

Out of 19 people killed during the security operation in Bhamidi, Handikhola VDC-4, on Thursday, two have been identified as the civilians-Chukmaya Bal (80) and son in law of Lok Bahadur Bal, a local, Space Time reported.

However, the Maoists in their communiqué claimed only fourteen were dead, which indicates that three more dead in the incident could be the civilians, the report said.

According to the report, the bodies of the victims were still lying along the Bhimadkhola riverside as the Maoists are not letting the relatives of the victims to take away the bodies.

The Maoists are reported to have suffered heavy losses in the incident as in the communiqué they termed it as the second Doramba, where they had lost their 17 people.

According to the security forces, the operation was carried out after they got the information that the Maoists are organizing a gathering in the area. They also said that in the incident, Persa district secretary, Bikash, central assistant commander Asal , area commander, Kopila Subedi along with others were killed. nepalnews.com rs Feb 08 04


Students demand of a republic is a sign for a better Nepal: Koirala

President of Nepali Congress (NC), Girija Prasad Koirala, has remarked the students’ slogans for a republic as ‘a signal for a good future in Nepal’ a report said Sunday.

Koirala said this Saturday while addressing the joint rally against 
‘regression’ in Birtamod, the Rajdhani daily reported. “The seeds for 
a republic has already been planted in Nepal,” Koirala said adding, 
“It is the King and his role that is supporting the idea of a ‘republic’ to flourish in the country.”

Koirala flayed the Kings interview in Time Magazine. “I disagree with 
the Kings idea of ‘being a constructive monarch’,” he said asking, 
“Does being a threat to the constitution and democracy mean a 
constructive role?”

Koirala criticized Kings for being an obstacle for democratization in 
Nepal. He said, “Kings have been hindrance for institutionalization of 
democracy in Nepal.” “So, the ongoing agitation must be the final one 
so that there is no need for such agitation in the future,” he said.

Meanwhile, Secretary of the UML, Madhav Kumar Nepal, speaking in a joint rally in Pokhara said the Kings activities and expressions are 
responsible for present situation in Nepal. Nepal, criticizing the 
Kings interview in Time Magazine said, “Nepal can exist without the 
King.”

“The King will have to bear a great loss if the present conflict between the King and the parties continues,” he said. 
nepalnews.com pd Feb 08 04 

Related News
- NSU suggests a republic


PRGF selects six districts for its Pilot Project

The Poverty Reduction and Growth Facility (PRGF) has selected six 
districts from five development regions for its ‘Pilot Project’, Space 
Time daily reported on Sunday.

The six districts- Sihara, Ramechhap, Kapilvastu, Pyuthan and Darchula were selected according to the development report prepared by the National Planning Commission. 

As its first round of program, the PRGF will work on infrastructure 
development, social awareness campaigns, development of the health 
sector and general development in the districts.

As stated in the report, the PRGF will mobilize the NGOs, Clubs and 
other different groups to achieve its target. The project will commence 
from May and will be funded by the World Bank, which is the main donor organization, the report said.

The PRGF was formed by the government in August last year with Rs.40 million in its fund. According to the demand of the donor 
organizations, Nepal had presented the 10th five year plan as the 
Poverty Reduction Strategy Paper (PRSP).

Nepal aims to reduce the poverty level from 38% to 32% according to 
the PRSP. nepalnews.com rs Feb 08 04

Related News
- Nepal set to enter PRGF


NSU suggests a republic

The Nepal Students’ Union (NSU), a student wing of Nepali Congress (NC), has officially advised the NC to reorganize its policy concerning monarchy in the country, a report said Sunday.

According to the report in Rajdhani, the NSU flaying the ‘regressive’ character of the King, said the implication of monarchy in Nepal has terminated. The NSU came to this conclusion after the 3-day-long central committee meeting Saturday.

“We suggest the NC to shift to ‘democratic republic’ from its political commitment of ‘constitutional monarchy and multiparty democracy,’” said Gururaj Ghimire, President of NSU. “However”, he said, “it’s not our political decision; it is our aim. We have suggested the NC to head towards it.” 

Ghimire added, “To make a political decision we need to call a general convention, but, we believe there is no option left than to go for  a ‘democratic republic’.” nepalnews.com pd Feb 08 04

Related News
- Students not to give up 'republicanism'


Marginal rise in Nepse index

The Nepal Stock Exchange (Nepse) index last week registered a marginal growth of 0.37 point. The index, which was 211.11 points on Monday, recorded 211.48 points on Friday.

In terms of share transactions, the Commercial Bank group dominated the stock market capturing 66.97 percent of the total transactions. The Finance Group stood second with 21.01 percent of the total transactions.

In terms of the number of share units traded, Janaki Finance Company stood first with the sale of 8450 share units. In terms of amount, Everest Bank's shares were traded at Rs.2,281,534.

During the week, a total of 1364 shares were traded which is equivalent to Rs.12,158,929.

Shares of Himalayan Bank, Nepal Bangladesh Bank, NIC Bank, Nepal Life Insurance Co, Gorkha Finance, Nepal Mechant Banking and Finance, Nepal Development Bank, Everest Bank and Machhapuchhre Bank were traded for all five days of the week. nepalnews.com mr Feb 08 04

Related News
- Marginal fall in Nepse index


Charumati's jewels stolen

A group of unidentified people have lifted the golden and silver jewellery from the main idol of Charumati from Charumati Stupa at Chabahil, Kathmandu on Friday, reports said Sunday, quoting police.

The jewellery had an estimated weight of four "tolas", the reports added. nepalnews.com mr Feb 08 04

Related News
- Charumati stupa renovation


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