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NOC plans dual price for kerosene -By a Post Reporter KATHMANDU, Jan 11
- Nepal Oil Corporation (NOC) is preparing to introduce dual pricing system in the
distribution of kerosene. NOCs plan to
introduce the dual pricing through ration card system is at the final stage and will be
implemented after the cabinet endorses the Corporations proposal. Addressing the
30th annual general meeting of the Corporation held here Monday, Raj Krishna Amatya,
Chairman of the NOC Board said, As per the directives of the cabinet, NOC has sent a
report to the Ministry of Supplies, said the president of the working committee of
NOC Raj Krishna Amatya. To supply
kerosene at a subsidized price to the targetted group, ration card system will be
established soon, said Minister for Supplies Prakash Man Singh. The corporation is
introducing the ration card system to ensure the distribution of kerosene to the targetted
group and curb the increasing misuse of kerosene as an alternative source of energy by
industrial sector. Currently, NOC is subsidizing the prices of kerosene by Rs 3.37 per
litre. Following the hike of electricity tariff by 25 percent few months back, industrial
sector is increasingly substituting the consumption of power with kerosene. Justifying the
rationale behind the introduction of ration card system, Amatya said, The use of
subsidized kerosene intended to the general public by the industrial sector has bloated
the costs of the corporation considerably. This is, however,
not for the first time that ration card system is being introduced to distribute kerosene.
It was temporarily introduced in 1989 during the trade and transit impasse with India,
which created huge shortage of daily commodities including kerosene. However, the
rationing system was abolished after the stalemate was over and status quo was maintained
with India following the establishment of multiparty democracy in 1990. -By Chinpal RauniarThe Hague Rules Article 4 Neither the
carrier nor the ship shall be responsible for loss or damage arising or resulting from: The shipper shall
not be responsible for loss damage sustained by the carrier or the ship arising or
resulting from any cause without the act, fault or neglect or the shipper, his agents or
his servants. Any deviation in
saving or attempting to save life or property at sea or any reasonable deviation shall not
be deemed to be an infringement or breach of this Convention or of the contract of
carriage, and the carrier shall not be liable for any loss or damage resulting
therefrom. Neither the
carrier nor the ship shall in any event be or become liable for any loss or damage to or
inconnexion with goods in an amount exceeding 100 pounds sterling per package or unit, or
the equivalent of that sum in other currency unless the nature and value of such goods
have been declared by the shipper before shipment and inserted in the bill of lading. This declaration
if embodied in the bill of lading shall be prima facie evidence, but shall not be binding
of conclusive on the carrier. By agreement
between the carrier, master or agent of the carrier and the shipper another maximum amount
than that mentioned in this paragraph may be fixed, provided that such maximum shall not
be less than the figure above named. Neither the
carrier nor the ship shall be responsible in any event for loss or damage to, or in
connexion with, goods if the nature or value thereof has been knowingly misstated by the
shipper in the bill of lading. Goods of an
inflammable, explosive or dangerous nature to the shipment whereof the carrier, master or
agent of the carrier has not consented with knowledge of their nature and character, may
at anytime before discharge be landed at any place, or destroyed or rendered innocuous by
the carrier without compensation, and the shipper of such goods shall be liable for all
damage and expenses directly or indirectly arising out of or resulting from such shipment.
If any such goods shipped with such knowledge and consent shall become a
danger to the ship or cargo, they may in like manner be landed at any place, or destroyed
or rendered innocuous by the carrier without liability on the part of the carrier except
to general average, if any. Article 5 The provisions of
this Convention shall not be applicable to charter parties, but if bills of lading are
issued in the case of a ship under a charter party they shall comply with the terms of
this Convention. Nothing in these rules shall be held to prevent the insertion
in a bill of lading of any lawful provision regarding general average. Article 6 Any agreement so
entered into shall have full legal effect: Provided that this
Article shall not apply to ordinary commercial shipments made in the ordinary course of
trade, but only to other shipments where the character or condition of the property to be
carried or the circumstances, terms and conditions under which the carriage is to be
performed are such as reasonably to justify a special agreement (To
be continued in Know ICD-31) -By a Post Reporter KATHMANDU, Jan 11
- With the construction of the Inland Container Depots (ICDs) at Biratnagar, Bhairahawa
and Birgunj nearing completion, Nepal Freight Forwarders Association (NEFFA) has
demanded concerned authorities to provide with information regarding impact of ICDs in the
overall export of the country. The
completion of the ICDs, with assistance of the World Bank, would definitely make the
export of goods more quick, efficient, simple and economical, said president of
NEFFA, Rabindra Man Singh. The
concerned authorities should however tell us how Freight Forwarders would be benefitted
from it, he added. Singh was speaking at 1st annual general meeting of the
association here Tuesday. On the occasion,
Chief Technical Advisor of UNCTAD, Shanta de Silva informed that the extension of the
railway line from India to ICD in Birgunj would decrease the transportation cost between
the two countries by 30-40 percent. Referring to the
increasing importance of Freight Forwarders in import/export, Minister of State for
Science and Technology Surendra Prasad Chaudhary said, Freight Forwarder is taking
the form of an industry, not just transport brokers. Talking to The Kathmandu Post, NEFFA officials informed that with a view to develop staff members of freight forwarders, a training institute has been jointly set up by NEFFA, Campion Council and UNCTAD, with modules on Diploma on International Freight Forwarding. Asian Pharmaceuticals produces drugs for mental patients - KATHMANDU, Jan 11
- Asian Pharmaceuticals has become the first manufacturer in the country to produce and
market psychotropic drugs for the mentally ill patients. It is learnt that
Department of Drug Administration has provided the marketing and manufacturing licence to
the pharmaceuticals for eleven major drugs for the use of psychiatric patients. As this
branch of drugs need highest degree of quality control and other record mechanisms, we
have separated this department under the name of Solar Pharma, said Shankar Ghimire,
Executive Director of Asian Pharmaceuticals. The drugs
permitted permission by DDA are antidepressant, anxiolytic, antipsychotic, anticonvulsant
and antiparkinsons. Ghimire said
following the manufacturing of the medicines, the problem of shortages of these drugs
would be controlled, and patients would not need to pay unnecessarily high prices in the
name of shortages. Because of
the highest quality control measures taken in the production of these drugs, patients
would not need to compromise on the quality by buying high priced and low quality goods
imported from nameless companies from India, he added. Ghimire also
informed that DDA has acknowledged Asian Pharmaceuticals as the company to meet the
minimum standards of Good Manufacturing Practices set by World Health Organization. Apart from
psychotropic drugs, Asian Pharmaceuticals has also introduced 14 new types of drugs in the
country for the first time. The company is
also producing Ondansetron, critical drug for the patients taking chemotherapy for the
first time in Nepal. We also
have other critical medicines line Klarion for ulcer patients, Colchicine for uric acid
patients, Zanoxin and other essential drugs said Diwakar Chhetri, Marketing Manager. When the country
is largely dependent on imported drugs, Nepalese entrepreneurs are also pursuing their
best to reduce dependence of the country on major medicines. Shankar Ghimire
said that, however, it was a sad part on the manufacturers that they still need to pay
Value Added Tax on the packaging materials. While drugs from India come in packed
form without any VAT, it is sad that we need to pay VAT for packaging materials, he
added. Asian
Pharmaceuticals started its manufacturing since last year, and has now 40 different
products in the market. At present, out of Rs 5 billion worth of consumption of medicines in Nepalese markets local manufacturers are capable of fulfilling the demand only by 18 percent. |
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