Sophie Woods Successfully Crosses 2,000 Kilometers of the Alps in 29 Days
Sophie Woods has successfully traversed 2,000 kilometers of the Alps mountain range through running within 29 days.
Sophie Woods has successfully traversed 2,000 kilometers of the Alps mountain range through running within 29 days.
Editorial reviewed.
U.S. President Donald Trump has claimed that talks with Iran are currently ongoing.
He described this as Iran’s “last chance to sign a good deal.” Speaking to reporters at the White House, he stated that the negotiations had begun at Iran’s request.
Trump accused the Iranian leadership of duplicity, sharing a post on the social media platform Truth Social.
He noted that Iranian leaders have requested meetings for talks but publicly claim that there are no negotiations between the two countries.
The U.S. President asserted, “The Strait of Hormuz is already fully under U.S. Navy control, and nothing reaches Iran without their permission. This situation will continue until a deal is made or Iran surrenders.”
Meanwhile, Trump appealed to American companies on Monday to immediately lower fuel prices.
Analysts suggest that rising fuel costs and inflation concerns could become significant challenges for the Republican Party ahead of the November midterm elections.
If inflation pressures persist, the Republican Party risks losing its majority in the House of Representatives, potentially weakening its control over Congress.
The recently opened skywalk in Bhedetar, Dhankuta, has become a major attraction for both domestic and international tourists. Developed through a public-private partnership, the skywalk has welcomed over 309,000 visitors in two years. The project operators have called for the provincial government to review tax policies, citing discouragement among investors due to high taxes.
Situated in one of Koshi Province’s premier tourist destinations, the Bhedetar skywalk offers panoramic views of eastern Nepal’s natural beauty. Hundreds of tourists visit daily. Anandi Kumar Chaudhary from Dewanganj Rural Municipality-6 in Sunsari described his recent visit to Bhedetar as a unique experience. The skywalk’s transparent glass floor provides visitors a thrilling view, combining elements of awe and natural splendor.
The skywalk began operation on July 26, 2024 (2081 Shrawan 11), following an agreement signed on February 21, 2021 (2077 Falgun 9) between the Provincial Investment Authority and the developers. With an investment of approximately NPR 20 million, this attraction recently celebrated its second anniversary. Visitors traverse a 41-meter-long and 2-meter-wide glass bridge that offers stunning surrounding vistas.
Local businesses report that the skywalk has significantly boosted tourism promotion in Bhedetar. The increased footfall has positively impacted hotels, restaurants, and other tourism-related enterprises. Tourist numbers notably surge during holidays, public vacations, and festivals.
AI-generated, editorially reviewed.
Many believe that frequent bathing or thoroughly cleansing the body with soap makes the skin healthier. However, the reality can be different. Certain common mistakes during bathing can strip the skin’s natural moisture, weakening its protective layer.
This can lead to increased dryness, tightness, flakiness, and sensitivity. Therefore, maintaining healthy, soft skin requires bathing correctly, using suitable soap, and applying moisturizer on time.
1. Bathing with Very Hot Water
Many people prefer bathing with hot water for long durations, especially in cold weather. Yet, this habit can cause the most damage to the skin.
Hot water removes the natural oils from the skin. Once these oils are gone, the skin becomes dry, tight, and sometimes flaky. Individuals already having dry skin may experience worsening symptoms.
A 2022 study published in the Journal of General Clinical Medicine noted that prolonged exposure to hot water weakens the skin’s protective barrier, increases moisture evaporation, and leads to redness and dryness.
2. Using Harsh Soaps and Strongly Fragranced Products
Not all soaps are suitable for the skin. Harsh chemical soaps, antibacterial soaps, or heavily fragranced body washes can compromise the skin’s protective barrier.
Regular use of such products can increase the risk of irritation, dryness, and allergies. It is best for those with sensitive or dry skin to use mild, fragrance-free, skin-friendly cleansers.
A 2021 study in Contact Dermatitis found that fragranced products are more likely to cause allergic reactions, especially in women and individuals with sensitive skin.
3. Rubbing Skin Vigorously with Clothes or Towels
Some people scrub their skin hard with loofahs, brushes, or scrubs when bathing. After drying, they rub their towels firmly to dry quickly.
This can cause minor injuries to the outer skin layer, leading to increased irritation, redness, and dryness. Instead, gently patting the skin dry with a soft towel is recommended.
A study published in the Journal of Wound, Ostomy and Continence Nursing also highlighted that repeated vigorous scrubbing damages the skin’s protective barrier.
4. Bathing Multiple Times a Day
In hot weather, some people bathe two to three times daily due to excessive sweating. While this may feel refreshing temporarily, it strips the skin’s natural oils repeatedly.
If soap is used every time, the skin’s moisture can be depleted even faster. When multiple baths are necessary, using a mild cleanser and applying moisturizer after every bath is crucial.
5. Not Applying Moisturizer After Bathing
After bathing, the skin retains some natural moisture for a short time. Applying moisturizer during this window helps lock in the moisture for longer.
If moisturizer is applied much later, the skin’s hydration may have already evaporated. Therefore, applying moisturizer within a few minutes after bathing is most effective.
A 2022 study in the Journal of Cosmetic Dermatology showed that moisturizers help maintain skin hydration and prevent excessive water evaporation.
Who Should Take Extra Precautions?
The following groups need to pay closer attention to their bathing habits:
Tips for Maintaining Healthy Skin While Bathing
Simple changes can help keep your skin healthy and hydrated for longer periods:
European Commission President Ursula von der Leyen has called for a “united effort” to strengthen border security following the uncontrolled entry of hundreds of thousands of migrants from Morocco into Spain’s Ceuta last week. According to Spanish estimates, approximately 69,500 migrants who entered Ceuta have since returned to Morocco, an increase from the initially estimated 50,000 returns. Government officials reported that the border between Spain and Morocco has witnessed the deaths of 72 people on the Spanish side and 11 on the Moroccan side.
In response to this situation, interior ministers of the European Union (EU) are preparing to hold an emergency meeting via videoconference on Tuesday to discuss the issue. The Ceuta incident has caused tensions among the EU’s 27 member states. In a letter addressed to Spanish Prime Minister Pedro Sánchez, von der Leyen praised him for “managing the crisis promptly.”
“This event has made it clear that we must reinforce our border security in vulnerable areas,” she noted. Following complications at the border between the two countries after the Ceuta incident, Italy has temporarily suspended its ‘Schengen’ agreement with Spain. Finland and Denmark have expressed support for Italy’s decision, while Czech Prime Minister Andrej Babiš has called for Spain’s Schengen membership to be temporarily suspended.
In the letter sent to the Spanish Prime Minister, von der Leyen emphasized, “The security of all our external borders is a shared European responsibility,” advocating for vigilant monitoring and the strategic use of physical barriers as necessary. She highlighted the need for the European Union to double its efforts in five key areas to strengthen border security.
Image source, Getty Images
Stakeholders have adopted a cautious approach toward a proposed new financial instrument that supposedly allows profit-making even from a declining market.
While it may bring new dynamics to the market, they believe significant challenges exist in its implementation.
The Securities Board of Nepal (SEBON) has recently announced proposals aiming to introduce some specific financial instruments into Nepal’s capital market. Among them, ‘short selling’ has garnered considerable attention.
The instrument, which allows earning profit even during market declines, is seen by the regulatory body as a means to maintain market equilibrium and manage risk.
However, experts question the readiness of Nepal’s controversial yet developing market to adopt such specialized financial tools.
There is also a risk that the tool could be misused to artificially damage the market given the potential to profit from market downturns.
For context, during the global financial crisis of 2008, the United States temporarily banned short selling.
Typically, investors in the stock market buy shares at a certain price and profit by selling them at a higher price as their value rises.
However, share prices do not always increase.
Short selling is the concept of making profits even when prices fall.
“There are two types of market investors. One group buys shares expecting price appreciation and sells after gains, known as a ‘long position.’ The other group borrows shares they do not own to sell at a higher price when anticipating a fall and later buys them back at a lower price to return them, thereby profiting; this is called a ‘short position,'” explained Dr. Gopal Prasad Bhatt, Chairman of SEBON.
Currently, all investors in Nepal’s capital market take only ‘long positions’; the new regulation will introduce the facility for ‘short positions.’
Image Source, SEBON
“In essence, short selling means selling shares you do not own. If you expect a share’s price to drop, you borrow and sell it, then repurchase later at a lower price to return it,” explained Murhari Parajuli, Information Officer at Nepal Stock Exchange (NEPSE).
“For example, if someone anticipates a share priced at NPR 500 will fall, they borrow and sell it, then buy it back when the price drops to NPR 400 and return it.”
“The lender charges a certain fee, and the borrower retains the remaining profit.”
Sebon
Currently, profits occur only when the market rises, not when it falls. This practice breaks that imbalance and creates a two-sided market.
Last week, SEBON released a concept paper to gather feedback on new financial services in the market.
The proposal includes policy, legal, structural, and technical frameworks specifically for margin lending, securities lending and borrowing, and short selling.
This year’s budget also announced plans to phase in instruments such as intraday trading, short selling, and derivatives.
“This will change the condition where profits can only arise when the market rises. It will divide the market into two segments: those who expect the market to decline will profit from short selling, while the others will continue earning profits through traditional methods,” said Chairman Bhatt.
He added that short selling has made capital markets more dynamic in many countries.
“It shifts the market from a one-sided to a two-sided structure, increases trading volumes, and lays the groundwork for other financial instruments in the future,” Bhatt noted.
Photo Source, Getty Images
Bhaktiram Ghimire, General Secretary of Nepal Stock Broker Association, believes that implementing short selling tools introduced by SEBON will be a major milestone for Nepal’s capital market.
“Before implementation, clarity on regulations, laws, and tax issues is essential,” he said.
However, Revat Bahadur Karki, former chairman of SEBON, thinks the current market lacks readiness, though small-scale implementation might be possible.
“We need upgrades in capacity, software, infrastructure, regulation, and especially financial literacy among average investors. While 20-22% of investors in India are financially literate, in Nepal, it is below 17-18%,” he said.
Other experts emphasize the need for improvements in current legal frameworks to support instruments like short selling.
“Small investors who invest in the stock market by selling livestock or goods raise questions about the necessity of such instruments,” one expert stated.
“Since this involves selling assets one does not own, serious discussion is required on how to repay borrowed shares if prices do not fall, or what to do if shares aren’t available when needing to buy back.”
Nonetheless, the Securities Board considers introducing such tools necessary in the phased expansion of the capital market.
“We will proceed gradually, starting with margin lending, intraday trading, securities lending and borrowing (SLB), and then short selling,” said Chairman Bhatt.
Learning from global practices, SEBON is preparing to implement a covered short selling system.
“Complete processes and regulations are being developed, IT systems need to be established, and brokers, NEPSE, and CDSC must be prepared.”
Doctors have successfully corrected a congenital defect in a fetus using advanced surgical techniques. At 26 weeks pregnant, Meagee Savidge from London underwent womb surgery performed by a team of physicians in the United States. The baby, Theo, who is now five months old and thriving, was diagnosed before birth with gastroschisis, a condition where the intestines develop outside the abdomen.
During the procedure, the medical team partially exteriorized Theo’s mother’s uterus, made a small incision, and carefully repositioned the intestines and other organs back inside the abdomen using surgical technology. Theo is the third baby in the world to benefit from this groundbreaking medical trial. Meagee, 29, and her husband Josh French, 36, are both teachers. They described their child as “a little miracle, isn’t he?”
This type of congenital defect occurs in approximately one in every 3,000 births annually in the UK. A 2025 global review studied countries with high to middle incomes. In optimal cases, babies affected by this condition require intensive treatment and nutritional support for weeks. Unfortunately, there is a risk of death in about one out of every ten newborns with this condition.
The parents were initially unaware of the problem with their unborn child. Josh said, “We didn’t know at the time.” At 24 weeks of pregnancy, doctors informed Meagee and Josh about the necessary treatments for Theo after birth. The pioneering medical trial to treat complex gastroschisis before delivery was conducted at Texas Children’s Hospital in the US. After undergoing surgery, Meagee continued to carry the baby in the womb for an additional 14 weeks. The surgery was successful, and she gave birth to Theo via vaginal delivery in February in Texas.
Dr. Belfort remarked, “The mother, the baby, the surgery — everything was remarkable.” Meagee shared, “Theo is in excellent condition.” Josh added, “We both feel incredibly fortunate.”
The Nepal Chamber of Industry and Commerce has constituted three additional subject committees focused on Banking, Finance and Insurance; Trade Fairs; and Tourism and Air Transportation. Acting President Surkrishna Vaidya urged these committees to identify the challenges and needs of the private sector and effectively present policy recommendations to the government. Chairpersons expressed their commitment to coordinate with relevant agencies to enhance banking accessibility, improve trade fair standards, and promote tourism. Kathmandu, 18 Shrawan.
The Chamber has now fully constituted three more subject committees, adding to the eight that were previously established. Currently, 25 different committees are active within the Chamber. According to the recent decision, the committees for Banking, Finance and Insurance (chaired by Hemant Golchha), Trade Fair (chaired by Sabin Shrestha), and Tourism and Air Transportation (chaired by Sangharsha Bista) have been expanded and formally constituted. At the event held at the Chamber Secretariat in Teku, appointment letters were distributed to vice-chairpersons, members, and advisors of various committees.
While handing over the appointment letters, Acting President Surkrishna Vaidya emphasized that these committees serve as a crucial mechanism for identifying the problems, opportunities, and requirements of the private sector. He urged them to conduct in-depth research on sector-specific issues and policy matters and to present these findings effectively to the government. “The active role of these subject committees strengthens the private sector and forms the foundation of the country’s economic prosperity,” Vaidya stated.
Nareshlal Shrestha, the Chamber’s General Vice President, noted that these committees are vital for the effective implementation of the Chamber’s policies and programs. He encouraged committee members to closely engage with businesspeople and entrepreneurs in their respective sectors to understand problems and initiate solutions. He also highlighted the importance of coordination between the private sector, government, and relevant stakeholders in identifying and resolving issues. On this occasion, Hemant Golchha, chairperson of the Banking, Finance and Insurance Committee, stated that the committee will remain active in ensuring easier banking access, interest rate stability, liquidity management, and private sector-friendly policy development.
Kathmandu Metropolitan City and the Alternative Energy Promotion Center have signed an agreement to restart the biogas plant located in Teku. Acting Chief Sunita Dangol stated that the agreement aims to promote sustainable management of organic waste and enhance the use of technology. According to the agreement, the center will conduct a detailed study of the plant, install equipment, test the system, and then hand it over to the metropolitan city. Dated 18 Shrawan, Kathmandu.
The agreement was signed by the Chief Administrative Officer of the metropolitan city, Saroj Guragai, and the Executive Director of the center, Navaraj Dhakal. The pact was made with the purpose of modernizing and making the management of organic waste in the city more technology-friendly. Acting Chief Dangol remarked, “It is not enough to simply restore the plant; operating it sustainably and expanding it as a learning model is the true success.”
Executive Director Dhakal explained that the plant would be operated through the provision of necessary equipment, materials, and technical services. He added, “After monitoring and supervision, we will transfer it to the metropolitan city.” The plant was constructed under the metropolitan city’s Integrated Sustainable Waste Management Project and has been in operation since 2015.
During operation, the plant aimed to produce 14 kilowatts of electricity, 300 kilograms of organic fertilizer, and 13,500 liters of water daily from three metric tons of organic waste. Due to technical challenges causing operational issues, this agreement has been made to sustainably restart the project. The metropolitan city has committed to allocating the necessary budget for the plant’s long-term operation and maintenance.
Twenty-nine students from Islington College are currently working professionally with companies based in the USA, Australia, and the UK—all while residing in Nepal. Under its ‘Rocking the World from Nepal’ initiative, the college has begun providing students with international work experience during their academic journey. According to the college chairman, Sulabh Budhathoki, students are offered opportunities to start their careers without having to wait until they complete their degrees or go abroad.
These 29 students are engaged in direct partnerships with international companies as part of the college’s effort to integrate professional opportunities with academic studies. Islington College regards this as a practical success of its ‘Rocking the World from Nepal’ campaign, emphasizing that the slogan is more than just promotional—it is an educational philosophy aimed at preparing students to compete globally while studying in Nepal.
The college has incorporated industry collaboration as an essential component of its curriculum, providing students with international-level training and access to worldwide professional teams throughout their studies. The institution maintains a consistent practice of involving students in real projects even before they complete their degrees, facilitating international experience. The 29 students currently working with companies from the US, Australia, and the UK exemplify this achievement.
Chairman Sulabh Budhathoki stated that students no longer face a dilemma between completing their degrees and starting their careers. Instead, they are advancing both simultaneously. Pexas Tech, supporting this initiative, offers structured assistance, standby resources, and SLA-based services in areas such as software development, design, marketing, and operations, connecting talented individuals worldwide with expert professional teams. The college has introduced these students as its premier group of ‘AI-Native Talent.’
The college reports that students are developing skills to work in AI-enabled global workspaces, complementing their academic knowledge. Through collaboration with the partner organization Global Teams AI, students actively contribute to projects based in the USA, Australia, and the UK. According to the college, the right training, appropriate opportunities, and industry collaboration collectively send a strong message—that students need not wait to finish their degrees or move abroad to gain valuable international experience.
Reviewed Editorially.
18 Shrawn, Kathmandu. A study conducted by Integrated Development Studies (IIDS) with support from the United Nations Development Programme (UNDP) Nepal has recommended developing insurance to safeguard micro, small, and medium enterprises (MSMEs) against natural disasters, climate change, and other disruptions.
The study stresses the development of insurance not merely as a financial product but as a crucial instrument for business continuity and economic advancement.
On Monday, UNDP Nepal and the Nepal Insurance Authority jointly released the study report titled ‘Risk Management in Nepal’s MSMEs: The Insurance Protection Gap.’
Published in collaboration with the Nepal Economic Journalists’ Society (SEJAN), the report identifies structural barriers to insurance access and presents various policy recommendations to enhance accessibility, affordability, and availability.
The study highlights the need for policy and regulatory reforms to expand insurance coverage for Nepal’s MSMEs.
Developed by IIDS with the support of UNDP’s Insurance and Risk Finance Facility (IRFF), the report’s launch included a high-level policy dialogue focused on expanding insurance access and strengthening financial productivity within the MSME sector.
Although MSMEs are foundational to employment generation, local livelihoods, and economic growth, the study indicates their heightened vulnerability to various risks.
Accordingly, the report emphasizes the necessity of enhancing the insurance system for disaster risk management and long-term business sustainability.
During the policy dialogue, government officials, policymakers, regulators, insurance industry representatives, financial institutions, and MSME stakeholders stressed the importance of regulatory reforms, development of innovative insurance products, expansion of public-private partnerships, and linking insurance with sustainable finance and disaster risk financial management.
Former Finance Minister Rameshwar Khanal underscored the significant contribution of MSMEs to Nepal’s economic growth and called for more effective roles of the Deposit and Credit Protection Fund and Nepal Insurance Authority in MSME risk management.
He advocated strengthening government support for insurance premiums to boost MSME resilience.
Kyoko Yokosuka, UNDP Nepal’s Resident Representative, noted that while MSMEs form the backbone of Nepal’s economy, they are the most impacted by diverse risks, making expansion of insurance protection critical for business, employment, and overall economic upliftment.
She expressed commitment to continue collaboration with the government, Nepal Insurance Authority, private sector, and development partners to expand inclusive insurance systems.
Sushildev Subedi, Chief Executive Officer of the Insurance Authority, expressed confidence that the study’s recommendations would help establish insurance as a strategic investment for sustainable development and upliftment of MSMEs and guide upcoming policy and regulatory reforms.
The government has disbursed NPR 3.927 billion in interest subsidies under the concessional loan program to date. After being suspended for two years due to misuse, the program has been reinstated with a revised operational procedure. Under the new procedure, the interest subsidy rate has been reduced from five percent to three percent.
18 Shrawan, Kathmandu – Through the concessional loan program, the government has provided a total of NPR 3.927 billion in interest subsidies aimed at boosting domestic production, creating self-employment, and promoting women’s and agricultural enterprises. The government has been offering various interest subsidy schemes to encourage entrepreneurship, and this program is part of that initiative.
However, the program had been halted for two years due to misuse. The government decided to refine and relaunch it through the budget of the previous fiscal year. Banks and financial institutions had stopped issuing such loans because companies were not receiving the interest subsidies. The program has now resumed under a new procedure, which lowers the interest rate from five to three percent.
The Ministry of Finance noted that although the previous procedure allowed lending up to the year 2087 BS (Bikram Sambat calendar), the Nepal Rastra Bank had not directed banks and financial institutions to extend loans under this scheme.
Following the misuse of loans, the government amended and implemented the Interest Subsidy Operational Procedures of 2082 BS. At that time, outstanding interest subsidy payments remained. The budget for the last fiscal year included provisions to continue the program, and the government quietly applied the new procedures to sustain it. Due to the absence of interest subsidy payments, banks had informally ceased issuing concessional loans for two years, with Nepal Rastra Bank tacitly supporting the halt by not approving new loans.
Under the concessional loan program, banks and financial institutions have disbursed a total of NPR 140 billion. Of this, around NPR 4.02 billion remains outstanding. The government has paid NPR 3.927 billion in interest subsidies so far. According to the new procedures, banks are allowed to charge a premium of 1.5 percent above the base interest rate, reduced from the previous two percent. The loan tenure is set at five years.
The revised procedures clarify the responsibilities and rights of Nepal Rastra Bank, banks and financial institutions, and borrowers, assigning accountability to all. The program stipulates that agricultural and livestock loans can be up to NPR 50 million, women’s entrepreneurship loans up to NPR 2.5 million, self-employment loans for youth returning from foreign employment up to NPR 2 million, and educated youth project loans up to NPR 2 million.
Additionally, the operational procedures categorize concessional loans as including NPR 2 million for Dalit community enterprise development loans under the Bhagat Sarvajit Enterprise Development scheme, NPR 2.5 million for startup enterprises, up to NPR 5 million for boiler replacement in industries, and up to NPR 0.5 million for private housing reconstruction for natural disaster victims.
Summary: Following India’s ban on sugar exports, illegal sugar smuggling at Nepal’s border points has escalated sharply. The Armed Police recovered 10,502 kilograms of illicit sugar in the month of Ashad, more than double the amount seized during Jestha. Consumer rights activist Madhav Timalsina alleges that such large-scale smuggling is impossible without coordination between customs and security agencies.
Kathmandu, 18 Shrawan – The sweet sugar used daily in kitchens is becoming an increasing challenge and threat to security forces and the economy due to rampant illegal trading along Nepal’s borders. On Shrawan 11, the Armed Police Force patrol team seized 32 bags of sugar worth NPR 112,000 from Kali Jhodar, Arjundhara Municipality-11, Jhapa, intercepting the consignment en route without customs clearance.
Two weeks earlier, on Ashad 30, based on a special tip-off, the Armed Police in Dhanusha held a truck and confiscated 420 bags of illegal sugar. Valued in the millions of rupees, this haul indicates that smugglers are now using trucks rather than small parcels to move sugar into Nepal. These are just the recent publicly disclosed cases.
Statistics from the Armed Police Force for Jestha and Ashad show daily smuggling activity. Nepal’s 1,800-kilometer open border, stretching east from Ilam and Jhapa to western Kanchanpur, remains largely under smugglers’ control. More concerning is that smuggling has more than doubled within just one month.
In Jestha, the Armed Police seized 4,111 kilograms of sugar from 15 border districts including Jhapa, Morang, and Kanchanpur, with a customs declared value of NPR 284,870. The highest seizures were recorded in Dhanusha (1,390 kg), Morang (763 kg), and Sunsari (340 kg).
The situation intensified significantly in Ashad. According to Deputy Inspector General and central spokesperson of the Armed Police, Netrabahadur Karki, 10,502 kilograms (10.5 tons) of illegal sugar were seized from 14 districts, with customs clearance value reaching NPR 780,255. “The quantity seized in Ashad was more than two and a half times that of Jestha,” he stated.
Smugglers have made Sunsari their main hub during Ashad. Over the month, 7,276 kilograms of sugar worth over NPR 513,000 were confiscated there. Other seizures occurred across the country, including 500 kilograms in Ilam, 645 kilograms in West Nawalparasi, and 450 kilograms in Banke, reflecting a nationwide active smuggling network.
Why has sugar smuggling suddenly increased in Nepal? Stakeholders attribute the surge to India’s complete ban on sugar exports from 31 Baisakh 2083. India placed sugar in the ‘prohibited’ category until September 30, 2026, to control rising domestic prices and ensure adequate supply. The massive smuggling coincides precisely with the months of Jestha and Ashad, indicating more than mere coincidence.
India is the world’s second-largest sugar producer. Previously, India had permitted the export of 1.59 million tons of sugar this season, but policy changes were made due to two main factors: weather and fuel.
First, production drops occurred in key sugarcane producing states such as Maharashtra and Karnataka due to the effects of the El Niño phenomenon and unpredictable monsoon, forecasted to result in a second consecutive year of reduced output.
Second, India’s ethanol production policy requires mandatory blending of 20% ethanol into petrol to reduce fuel import dependency as crude oil prices rise internationally. Since ethanol is produced from sugarcane, India has shifted focus from sugar production towards ethanol for fuel.
Additionally, the depreciation of the Indian rupee against the dollar has raised fears of food inflation, prompting India to halt sugar exports.
Retail sugar prices increased to NPR 15-20 per kilogram after India’s export ban, now reaching NPR 115-120 per kilogram in the market. Producers claim factory prices remain around NPR 85, and including 13% VAT and transportation, prices should not exceed NPR 105 in Kathmandu.
Traders blame producers for price hikes, while producers hold dealers and retailers responsible. Shashikant Agrawal, president of the Nepal Sugar Producers Association, stated that factory prices are controlled by producers. “We have not significantly raised factory prices; market or downstream prices are beyond our control,” he said. Price fluctuations of 1-2 rupees are natural due to demand and supply variations.
Smugglers active with state collusion at border points: Following India’s export ban, consumer rights activists allege the abnormal increase in smuggling involves direct complicity from Nepal’s customs and security agencies. Madhav Timalsina claims trucks could not enter Nepal overnight without a ‘green signal’ from these authorities. “Smugglers cannot bring goods without the cooperation of the Armed Police and customs,” he noted.
He also accused domestic producers of creating an unnatural syndicate by supplying sugar to a limited group of merchants, who maintain artificially high prices. Producers reportedly pressured the government to keep customs duties at 40%, but smuggling has flooded the market, pushing prices higher. “Immediately after the ban, our producers began providing office space and support to select merchants working with smugglers, causing retail sugar prices to surge to NPR 120 per kilo,” he alleged.
Quarantine bypassed for smuggled sugar: Timalsina warned that sugar entering kitchens through illicit channels has not passed any food quarantine or plant inspections, posing serious public health risks. Smugglers are accused of deceiving authorities with fake bills and repeatedly using the same documentation to cross borders, transferring sugar from Indian sacks into Nepali bags to evade detection. He urged the Revenue Investigation and Ministry of Finance to conduct a thorough investigation.
According to Timalsina, with festivals approaching, smugglers are stockpiling sugar in warehouses to sell at inflated prices, exploiting government loopholes.
Rising sugar imports: According to the Sugar Producers Association, Nepal’s sugar production is increasing. Last year, Nepal produced 180,000 tons of sugar, with existing industry stocks around 80,000 tons. Nevertheless, sugar imports are rising despite claims of increased domestic production and stocks.
Fiscal year 2081/82 imposed a 30% duty on sugar imports, resulting in limited imports. However, in the budget speech of Jestha 15, 2082, former Finance Minister Bishnu Poudel halved the sugar import duty from 30% to 15%, after which import volumes markedly increased.
Customs data shows that sugar imports doubled in 2082/83. NPR 348 million worth of 51,485 tons of sugar were imported, nearly double the previous year’s volume.
Government data estimates Nepal’s annual sugar demand at approximately 300,000 tons. While average monthly demand ranges from 20,000 to 25,000 tons, demand increases to over 30,000 tons monthly during major festivals like Dashain, Tihar, and Chhath.
Domestic sugar mills produce about 200,000 tons annually, creating a yearly deficit of around 100,000 tons. To fill this gap, Nepal must import sugar from India and other third countries.
Food Management Company plans 1,000-ton sugar import: To meet shortages, the government-owned Food Management and Trading Company (FMTC) plans to import 1,000 tons of sugar from India through a government-to-government (G2G) arrangement. FMTC spokesperson Madhav Mishra confirmed the preparations to bring sugar within the quota allotted by India.
“We intend to import 1,000 tons initially through G2G. Based on market demand and consumption, additional imports can be considered,” Mishra said.
Currently, the company is selling sugar to consumers at prices between NPR 100 and 105 per kilogram.
Produced by AI. Editorially reviewed.
17 Shrawan, Kathmandu – Following the submission of the report by the Constitutional Amendment Suggestions Task Force, established by the Rastriya Swatantra Party (RaSWaPa)-led government, discussions around constitutional amendments have intensified. However, the main opposition party, Nepali Congress, has expressed dissatisfaction with the government’s initiative. The Congress has raised questions regarding the task force’s formation process, representation, and scope of authority, asserting that the report should not be considered a valid basis for constitutional amendments.
The Nepali Congress is currently collecting suggestions as part of its effort to prepare an action plan and thematic outlines for broad party discussions on constitutional amendments. Through its Constitutional Amendment Study and Suggestions Committee, the party is advancing the process of gathering inputs with the goal of devising these frameworks.
The committee, chaired by Congress Vice President Pushpa Bhusal, is conducting consultations with various stakeholders across the country, and accordingly, has not yet begun drafting any constitutional amendment proposals.
Vice President Bhusal advocates for maintaining the Constitution’s fundamental framework while implementing necessary amendments. She states that practical complexities encountered in parliamentary governance, federalism, electoral systems, proportional inclusion, and the performance of constitutional bodies can be addressed through constitutional amendments.
In this exclusive interview, Vice President Pushpa Bhusal discusses internal Congress debates on constitutional amendments, preparations for the 15th General Convention, the review petition on the legality of the special convention’s revised statute, and the government’s performance.
The government’s Constitutional Amendment Suggestions Task Force has submitted its report suggesting changes to many constitutional articles. How does Congress view this?
This needs to be seen from two perspectives. RaSWaPa prioritized constitutional amendment as a main agenda in the elections and included it in their 100-point program. Accordingly, the government formed the task force.
A political party can form a study group to provide suggestions aligned with its manifesto. However, such a task force cannot initiate or drive the national constitutional amendment process.
Moreover, the issues highlighted by the task force are not a one-sided personal agenda. Constitutional amendments relate to the country’s social structure, political movements, citizen rights, and governance system. A task force formed by a single party in government cannot pass final judgments on this and does not have constitutional authority to do so.
Therefore, the task force report represents RaSWaPa or government views but cannot be accepted as a basis for constitutional amendments.
What about the notion that constitutional amendments cannot be made without near two-thirds majority?
The government can initiate efforts, but having a near two-thirds majority and arbitrarily amending the Constitution are different matters.
Votes from the people are meant to enable stable governance, good governance, development, prosperity, and parliamentary accountability. These votes should not be interpreted as permission to alter the Constitution’s fundamental structure at will.
The Constitution of 2072 BS (2015 AD) was not created on a whim nor to satisfy a single party’s desire. It emerged through the 2062/63 BS people’s movement, peace process, interim constitution, two constituent assembly elections, and almost eight years of deliberations.
The Constitution’s formation involved not only political parties inside the assembly but also civil society, experts, communities, and activist forces. It includes rights for women, Dalits, Janajatis, Madhesis, Muslims, Tharus, and other minority groups.
Therefore, it mirrors Nepal’s social structure and diversity. Any amendments require serious participation, inclusiveness, and trust.
Our stance is that amendments must only be made after identifying challenges, weaknesses, and problems experienced over 10 years of implementation. The amendment process must be credible, with impartial, neutral, and politically independent mechanisms for suggestion and draft preparation.
We have proposed forming a constitutional amendment drafting committee led by a former Chief Justice, including constitutional experts, political party representatives, civil society members, and specialists.
The Constitution is not a document of a single party or government. Hence, amendments cannot be confined to one party alone.
What are the fundamental constitutional features that should not be changed?
The Preamble envisions a federal democratic republic, parliamentary governance, proportional inclusion, a mixed electoral system, federalism, and a three-tier government structure.
These are the Constitution’s core values and framework. Any amendment discussion must occur within these boundaries, focusing on solving issues observed over a decade of practice.
The system itself is not flawed, but political culture, leadership, and institutional practices may pose problems. Such issues can be addressed through amendments without dismantling the fundamental structure.
Congress will not agree to amendments weakening parliamentary system, federalism, or proportional inclusion.
Why did Congress not participate in the government’s task force?
Our main disagreement was with the task force’s formation. Its structure was neither trustworthy nor inclusive. We believe that a task force formed within a single party’s program cannot lead a matter of national importance like constitutional amendments.
The task force lacked effective representation of political parties, civil society, experts, and stakeholders involved in constitution-building. The process was unreliable, so Congress did not send representatives.
Some topics discussed relate to the Constitution’s basic structure, over which a task force formed by one party has no political or moral authority.
We have urged the government to hold open dialogues, form a joint mechanism, and address practical issues.
What is the purpose of the Congress-created Constitutional Amendment Study and Suggestions Committee?
The party formed an 18-member committee under my leadership to study problems encountered during 10 years of constitutional implementation. This includes lawyers and subject matter experts.
Our committee does not draft amendments but studies and provides suggestions to the party, which will make final decisions.
We are engaging constitutional experts, political scientists, civil society members, and youth in consultations. The majority recommend no changes beyond the Constitution’s fundamental structure.
Why were rights not implemented as written? Why has the parliamentary system not stabilized? Why did the three-tier government fail to yield expected results? Why are constitutional bodies ineffective? Our amendment debate will focus on these issues.
The committee has already presented preliminary suggestions to party leadership. Party President Gagan Kumar Thapa has publicly spoken about possible amendments within core values.
Next, Congress plans to dialogue with other political parties, civil society, experts, and provinces to form a common perspective.
What are the main areas identified by Congress for constitutional amendments?
First, maintaining parliamentary system while addressing operational issues: government formation processes, vote of confidence, no-confidence motions, and parliamentary executive accountability.
Second, electoral system improvements are necessary. Discussions about reducing the number of lawmakers are ongoing, but proportional inclusive representation must remain strong.
Even if proportional seats are reduced, provisions should ensure candidacy of women, Dalits, and marginalized communities in direct elections. At local levels, women mostly occupy deputy mayor positions; discussions should ensure women, Dalits, and other marginalized groups represent at key leadership roles such as mayor, ward chairperson, and decision-making posts.
Third, resolving issues in federalism implementation. Rights of federal, provincial, and local governments are unclear, causing duplication of duties, budget issues, and accountability challenges.

The practice of having similar ministries at both federal and provincial levels must be reviewed to reduce administrative and financial burdens. Clear division of tasks among federal, provincial, and local governments is essential.
Provinces can be simplified, cost-effective, and efficient. Discussions can also address the number of provincial parliament members and cabinet size.
Fourth, constitutional bodies must be freed from political influence. Bodies such as the Election Commission, Commission for the Investigation of Abuse of Authority, and the Office of the Auditor General are established for good governance. Political tampering in appointments undermines their independence.
Reducing political interference in the appointment of judges and constitutional officials is an important constitutional amendment area.
Fifth, political parties must become internally democratic and inclusive, ensuring women and other communities’ representation in leadership and decision-making positions.
The government task force proposed depoliticizing local levels. What is Congress’s stance on this?
Local governments are governments in their own right. The Constitution accords them executive, legislative, and judicial powers. Proposing to make these governments party-less is philosophically inconsistent and contradictory.
Political parties are the foundation of democracy. Depoliticizing local governments contradicts the Constitution’s structure and democratic practice.
Even if a proposal sounds popular, it cannot violate the Constitution’s core principles.
Why does Congress support parliamentary system over directly elected executives?
The parliamentary system is the governance model closest to the people. Parliament represents the people, and the Prime Minister emerges from Parliament, accountable to it.
The people elect representatives periodically, and if dissatisfied, can change them in subsequent elections. This democratic control is the strength of the parliamentary system.
Given Nepal’s geographical, social, and political realities, the parliamentary system is most suitable. South Asian context and Nepal’s geopolitical sensitivities necessitate a representative and accountable structure rather than concentrating power in one individual.
We have adopted a refined parliamentary system. Weakness in practice can be corrected. However, blaming the system solely for instability and shifting towards direct executive election is not appropriate.
Currently, the mixed electoral system has allowed one party to gain near two-thirds majority, indicating that people can provide stable government as needed.
Is there consensus inside Congress regarding constitutional amendments?
At present, we are clear on fundamental principles. We agree to amendments that preserve the Constitution’s basic structure and address problems seen in implementation.
Detailed topics will be discussed in party central working committee, provincial bodies, among activists, and in the general convention. Diverse opinions on constitutional amendments are natural.
Our priority is to engage external experts, youth, constitution participatory forces, and other parties to establish a common agenda before broad internal deliberations.
Nepali Congress led the constitution drafting process and bears the historic responsibility of promulgating the Constitution under Sushil Koirala. Congress must also guide consensus building during amendments.

As the 15th General Convention approaches, internal disputes have emerged in Congress. Is this just normal disagreement or a serious crisis?
The General Convention should not be made an issue of conflict. It is an opportunity for democratic competition within the party.
There is a constitutional obligation to hold the 15th Convention within the stipulated time. Preparations are underway.
Efforts are ongoing to digitize membership, renew it, and open it to youth. We are building connections between offices and the grassroots.
The Convention must be free, fair, and transparent. No one should be denied membership, representation, or contesting rights. The party has not restricted anyone.
Differences between leaders may exist but must not turn into factionalism or splits. The Convention should strengthen the party.
Outside, there are rumors that Congress is close to splitting—what is your view?
Congress will not split. It is a historic, democratic, and activist party. History, organization, and values do not break it.
However, if leaders politicize disputes unnecessarily, it sends negative messages to the younger generation. We say ‘Congress has changed,’ but behavior must show it.
If leaders stay entangled in conflicts, it does not send a message of leadership renewal. I am confident the 15th Convention will include all leaders and be successfully held.
Some dissatisfied leaders accuse party leadership of failing to initiate unity efforts. What is your response?
The President is actively engaging in dialogues at various levels, with individuals and groups. It is incorrect to claim the leadership is unwilling to communicate. Actions will demonstrate this.
Membership has been opened, renewals and updates are underway, and the Convention process is advancing.
The President aims to be inclusive, making the 15th Convention a tool for organizational strengthening and agenda-setting.
What can form the basis for consensus between factions?
A fair, transparent, and credible Convention is the main foundation for agreement.
Membership renewal and updating must be complete. Everyone should have the right to participate. Elections must be clean and fair. Leadership selection must be done by Convention representatives.
All factions agree on this. The process and schedule are underway. Under these conditions, focus should be on ensuring a successful Convention, not disputes.
Post-Convention, local and provincial elections will follow. Millions of leaders and activists who have worked long at village, ward, and municipality levels should have opportunities to contest and lead. Central leadership must prioritize the party’s future over personal interests.

Outgoing President Sher Bahadur Deuba and Vice President Purna Bahadur Khadka have filed a review petition on the legality of the special convention. What is your perspective?
The Supreme Court has upheld the special convention and its leadership. The party contested the House of Representatives election under that leadership’s signature, and leaders campaigned.
After the court ruling’s implementation, calling the special convention illegal is inappropriate.
Review petitions are a legal right but risk closing dialogue, increasing disputes, and weakening the organization.
This should not be used as a political tool to divide the party. Now all leaders should focus on the 15th Convention and party unity.
The goal should be fresh leadership with the new generation, ensuring youth representation below 35 years, and making the party more inclusive and stronger.
A strong Congress means a strong democratic system in the country. This is the expectation of all political forces and democratic communities in Nepal.
Finally, how do you evaluate the government’s performance?
RaSWaPa entered elections promising change, good governance, prosperity, and corruption-free rule. They received votes with hope and trust not only from their traditional supporters but also from other party voters.
People expected stable governance, good governance, and change. These expectations must be respected. Citizens must feel safe to live and work without fear. Industrialists, businessmen, journalists, and the public should not feel threatened.
The media serves as the fourth pillar, warning both government and society. Attempts to pressure, intimidate, or silence journalists are unacceptable in a democratic system.
Confidence in the economy has not yet been fully restored. Stability and security are essential for investment. The government needs to foster an environment that encourages entrepreneurs and investors.
The government must be serious about incidents that threaten social harmony. Political parties have pledged cooperation. Congress supports good work and will monitor and oppose misconduct as an opposition party.
We support a full five-year government term. Stability is necessary, but it must not mean freedom from accountability.
The artificial scarcity of chemical fertilizers despite markets, uncontrolled price hikes, and growing public frustration are warning signs for the government.
Though the government has done some good work, I would not say the environment fully meets the public’s hopes. My expectation is that voters should not face disappointment again.
Standing tall at the border, carrying the nation’s pride. Etching the stories of history with the sweat of brave ancestors. Whether storms or tempests arise, its spirit never bows. Our symbol of sovereignty, the Junge Pillar.
From Mechi to Mahakali, bearing the fragrance of the soil. Narrating tales of Nepali valor across the world. For centuries guarding the border steadfastly. A constant witness to border defense, the strength of our nationality.
Be it floods or landslides, its spirit never bends. The heritage of our freedom, the Junge Pillar. A mark bequeathed by our forefathers, the Junge Pillar.
Over the passage of time, some pillars may have vanished. With time, some pillars might have crumbled. Yet in the hearts of Nepalis it remains embedded. The legacy of our indivisibility, the Junge Pillar.