One-third of Nepali Population at Risk of Falling below the Poverty Line
World Bank warns of Population hitting extreme poverty Unable to make a living, one-third of Nepal’s population could fall below the poverty line. World bank apprised of this in a report issued on Thursday. Similarly, a bi-annual report estimates 3.12 percent of the Nepali population at risk of getting extremely poor. That implies earning 1.90 […]
Economic indicators Improve Ahead of Ease in Lockdown in Nepal
Ease in lockdown Easing the lockdown since mid-May has improved some of the economic indicators of the Nepali economy. On July 20, Nepali cabinet eased four months-long lockdowns, while keeping Covid-19 SOPs in place for the country. The lockdown began on March 24, However, the COVID 19 spread by far has killed 42 people in […]
Flooding wreaks havoc in India, Nepal
Nearly four million displaced, at least 189 dead, as floods in India, Nepal Heavy monsoon rains and flooding has displaced almost four million people. Government officials in Guwahati and Kathmandu said that deaths rose to at least 189 in the northeastern state of Assam and neighboring Nepal. Moreover, the Brahmaputra River, which flows through China’s […]