Cabinet bans Indian notes above IRN 100

  • Government has also decided to exempt loans taken by small farmers from the then Sajha Co-operative
- Post Report, Kathmandu

Dec 14, 2018-

The government has banned Indian currency of all denominations above rupees 100.

The recent meeting of the Council of Ministers has decided to publish a notice not to use the Indian currency of 200, 500 and 2000 denominations in Nepal.

This decision makes use of Indian notes of denominations more than 100 illegal.

Revealing, Cabinet decisions, Government Spokesperson Gokul Banskota said, “The government has decided to publish a notice not to use, carry and keep the Indian bills of 200, 500 and 2000 denominations.”

The Cabinet has also decided to exempt loans taken by small farmers from the then Sajha Co-operative and has approved a regulation to manage the fund of Human Rights award.  

The government has also decided to seek consultations of the Public Service Commission regarding another ordinance on integration of Nepal Police personnel to provincial police and has approved the positions of 167 staffs to ensure timely completion of federal projects on potable water.

The Cabinet has decided to establish a mechanism for the bilateral consultations between the foreign ministries of Nepal and Cambodia.

The government has also agreed to compensate owners of land and huts having no land-ownership certificates and situated within 25 meters on either side of the approach road of the Mechi Bridge.

The bridge is being constructed with Asian Development Bank grant.

The Cabinet has also decided to compensate the 101 remaining owners of the land and their properties that fall under the Kathmandu-Tarai Madhesh fast track construction site.

The government has agreed to remove 2,600 trees lying on the path of Balaju-Trishuli-Chahare-Bidur road section for its up- gradation and has extended the term of former minister Som Prasad Pandey led High-level Political Talks Team by 15 more days to submit its report.

The government has decided to appoint Tikaram Rai (Morang) as advisor to look after management, marketing and printing while advocate Kumar Prasad Bhattarai (Kavre) as legal advisor of Gorkhapatra Sansthan.

Published: 14-12-2018 07:58

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