Some of the commercial banks have started posing a threat to the country’s financial stability, as they have been found to be deliberately breaching the regulatory limit on lending for quite some time and covering up the malpractices by manipulating the figures on the balance sheets.
Threshold continues to be the major bone of contention as a subcommittee under the State Affairs Committee (SAC) of Parliament plans to pass the Bill to Integrate and Amend Laws Related to Political Parties on Wednesday.
Government attorneys and officials at the Office of the Attorney General (OAG) have taken serious exception to last week’s Judicial Council (JC) decision of recommending 80 judges for High Courts, saying the constitutional failed to stick to the principle of inclusion and proportion representation as guaranteed by the constitution.
A fresh push for local elections from the Nepali Congress has put Prime Minister Pushpa Kamal Dahal in a fix, signalling trouble for the coalition formed with a promise to end the Madhes crisis and hold three tiers of elections by January, 2018.
Nine months after its formation, the Local Level Reconstruction Commission (LLRC) has finally completed its report, recommending around 725 local units (village and municipal councils) in the new federal set-up.
Going beyond the bounds of propriety, the government, which reached a deal with Dr Govinda KC to stop affiliations to new medical schools, has started process to grant affiliation to a medical college based in Jhapa.