Stories By 'BALRAM GHIMIRE'
Rasuwa Customs Office in Timure is close to meeting its annual revenue collection target, four months before the end of the current fiscal year.
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Following the major crackdown on gold trafficking in Rasuwagadhi and other northern border points, gold smugglers have started to use a new illegal trading point in Malagadhi, an area that lies near Nepal-China border in Rasuwa, to smuggle gold from China.
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The customs office in Rasuwa on the northern border with China collected revenue totalling more than Rs2.30 billion in one month as traders started importing clothes from the northern neighbour for the Dashain festival earlier than usual.
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The Rasuwagadhi Hydropower Project achieved a major milestone on Monday as it completed the digging of a 4.18km tunnel that channels water diverted from the river to the power house. With the completion of the tunnel, the most challenging component of the project has been completed, according to Madhav Koirala, CEO of the Rasuwagadhi Hydropower Company, which is developing the 111MW project.
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Tourist arrivals to the popular trekking destination of Langtang in Rasuwa have been rising steadily after plunging sharply following the 2015 earthquakeAround 13,700 sightseers visited the Langtang Valley in the last fiscal year 2017-18 ended mid-July, according to the statistics of Langtang National Park.
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Rasuwa Customs Office, Timure exceeded its revenue collection target in the last fiscal year. According to the office, the annual revenue collection stood at Rs4.59 billion, 26 percent more than the target.
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