Study highlights need for clarity in regulatory provisions

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Kathmandu, May 15

Lack of clarity between the federal and provincial governments in terms of regulating the banks and financial institutions, labour market, industries, corporate and corporations could adversely affect private sector growth in the future.

A study carried out by an independent research organisation – Samriddhi Foundation – has said that clarity in regulatory provisions and jurisdiction among federal, provincial and local governments is a must to leverage the benefits from federalism.

Along with the aforementioned three areas, jurisdiction of the federal and sub-national governments must be identified for promotion and facilitation of agriculture and tourism sectors. These five key areas, which are considered as the drivers of growth, should be given priority for the larger benefit of the country.

There is no clear differentiation between federal and state governments’ scope of powers in the operational policy of banks and financial institutions, which means that the financial institutions could also be regulated through the provincial central bank, as per the study. “On the other hand, legislation governing co-operative sector and non-NRB-controlled financial institutions is still lacking.”

In the study dissemination programme organised by the Samriddhi Foundation, former finance secretary Rameshwore Khanal said that the banks and financial institutions should be regulated through the central bank and there should not be separate central banks of the provinces.

He, however, pointed out that the provinces should be given the right to certify the professionals like that being done by Nepal Bar Council, Nepal Medical Council and Institute of Chartered Accountants of Nepal (ICAN) to fulfil the requirement of qualified human resources in the provinces.

The study has highlighted the possibility of an unjust federal pavilion controlling trade unions and an inhospitable employee-employer relation due to political inference if the regulatory rights are not delegated to provinces. It has also highlighted the need for localised skill development policies to improve the human resources capacity of the country.

Likewise, equal treatment must be ensured for public and private enterprises through same laws to prevent anti-competitive practices. The report has underscored the need to amend earlier business laws and reflect responsibilities of all orders of government, thereby reducing federal dominance.

Similarly, it has stressed on the need for clear roles and exact scope of responsibilities amongst the three layers of the government to end the inter-jurisdictional conflict in promotion and facilitation of agriculture and tourism sectors.

The report has also underscored the need of de-concentration of federal agencies or creation of agencies at sub-national levels to help facilitate economic activity in the sector. “An umbrella act addressing the issues of inter-state tourism, especially in the case of trekking and mountaineering, which have spillover effects, is currently non-existent in the country.”

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Written by Sandeep This news first appeared on https://thehimalayantimes.com/business/study-highlights-need-for-clarity-in-regulatory-provisions/ under the title “Study highlights need for clarity in regulatory provisions”. Bolchha Nepal is not responsible or affiliated towards the opinion expressed in this news article.

Selection for OJT in Israel begins

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Kathmandu, May 15

Selection of students for sixth phase of ‘on-the-job training’ (OJT) in Israel began today. The students will be sent to agriculture training institutes of Israel to learn about agriculture technology, practices and enhance their skills.

A total of 500 students will be sent to five agriculture training institutes of Israel from August for 10 months.

Israel has been offering OJT to Nepali students since 2011 and a total of 2,100 students have benefited under this scheme. Of them, 1,600 have returned to the country and embraced entrepreneurship in the agriculture sector.

Sana Kisan Bank and its partner cooperatives recommend the names of the students interested to study agriculture and the recommended students are selected through a lottery system by the Israeli embassy in Kathmandu. Students are provided basic orientation after they are selected just before they leave for Israel.

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Written by Sandeep This news first appeared on https://thehimalayantimes.com/business/selection-for-ojt-in-israel-begins/ under the title “Selection for OJT in Israel begins”. Bolchha Nepal is not responsible or affiliated towards the opinion expressed in this news article.

Mancini to talk to Mario Balotelli about Italy return

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ROME: Italy coach Roberto Mancini plans to talk to long-excluded striker Mario Balotelli about a possible return to the national team as he attempts to rebuild a squad that failed to qualify for the World Cup for the first time in six decades.

Balotelli has not played for Italy since the 2014 World Cup, but he featured under Mancini at both Inter Milan and Manchester City.

“Mario is an Italian player. We’ll definitely consider him and we’ll probably call him,” Mancini said at his presentation on Tuesday. “He’s one of those players who we want to see back in the form he showed at the (2012) European Championship with (former Italy coach Cesare) Prandelli.”

At Euro 2012, Balotelli’s goals helped Italy reach the final. He scored 13 goals in 33 appearances for the Azzurri and at 27 is coming off a strong season in France with Nice.

Mancini signed a two-year contract with an option to stay on through the 2022 World Cup in Qatar. He will reportedly earn 2 million euros ($2.4 million) per season, accepting a massive pay cut compared to what he earned at Zenit St. Petersburg, his most recent job.

Mancini left Zenit on Monday by mutual consent.

“He gave up significant financial opportunities to do so,” Italian soccer federation extraordinary commissioner Roberto Fabbricini said. “This is testimony to his complete determination and desire to take on this job.”

Mancini has his sights set on the 2020 European Championship.

“We haven’t won the Euros in many years (Italy’s only title came in 1968) and that, apart from the Nations League, will be the principal goal,” Mancini said.

Mancini is replacing Gian Piero Ventura, who was fired in November after four-time champion Italy lost a World Cup playoff to Sweden.

“I think that it’s the right moment for me. It’s a difficult time and there’s a lot to do,” Mancini said at the national team’s training center in Florence. “I want to bring Italy back to where it belongs — on top of the world and Europe.”

With calls to bring in younger players to the national team, Mancini supports a youth movement.

“It’s important that the players who reach the national team do it with heart, because every young player dreams of reaching this squad,” Mancini said. “There will be space for everyone who plays well but we’ve got to also build for the upcoming years, so age will count.

“But if the ‘veterans’ like (Daniele) De Rossi are still the best when we have to play big matches then they will be called up.”

Mancini, a former Italy player, has coached Fiorentina, Lazio, Inter, City and Galatasaray to titles. However, his Zenit team finished the Russian league in a disappointing fifth place.

Mancini will make his debut in a friendly against Saudi Arabia in Switzerland on May 28, ahead of more friendlies against France and the Netherlands. His first official match will come in the new Nations League in September.

The post Mancini to talk to Mario Balotelli about Italy return appeared first on The Himalayan Times.

Written by Siddhartha Pokharel This news first appeared on https://thehimalayantimes.com/sports/mancini-to-talk-to-mario-balotelli-about-italy-return/ under the title “Mancini to talk to Mario Balotelli about Italy return”. Bolchha Nepal is not responsible or affiliated towards the opinion expressed in this news article.

NSJF Kaski announces nominees

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Pokhara Sports Award

NSJF Kaski Coordination Committee officials at a press meet in Pokhara on Tuesday. Photo: THT

Pokhara, May 15

Kaski Coordination Committee of Nepal Sports Journalists Forum today unveiled the nominees of third TVS Apache Pokhara Sports Award slated for June 1.

NSJF Kaski announced the nominees of the Player of the Year male, female, coach and emerging player categories during a press meet here today. Weightlifter Kamal Bahadur Adhikari, cricketer Karan KC and archer Tilak Pun Magar were nominated in male category. The winner of this category will get a TVS Apache motorbike and trophy.

Karate player Bimala Nepali, hockey player Kamala Pun and archer Keshari Ale were nominated in women’s category and the winner will get TVS Wego scooter and trophy.

Athlete Bibek Adhikari, kabaddi player Buddhi Maya Magar and cricketer Meg Bahadur Sen made it to the nomination in emerging player category. Weightlifting’s Jeevan Ghimire, cricket’s Raju Praju and karate’s Shiva Bahadur Gurung were nominated in coach category. The winners of the emerging player and coach categories will receive Rs 15,000 and trophy each.

NSJF Kaski President Keshav Pathak informed that winners of the four categories will get Samsung mobile phone each from Worldwide Connection of Chipledhunga. The organisers will also honour Kaski District Badminton Association with the best sports association award with Rs 10,000 and a journalist working for tourism sports with Rs 15,000.

NSJF Kaski will felicitate Birendra Singh Gurung with the Lifetime Achievement Award for his contribution in the development in sports infrastructure. Prithvi Narayan Campus chief Professor Gurung introduced hockey in Pokhara. He also played crucial role in the preparing lawn tennis and cricket infrastructure in Pokhara.

The organisers will also fete singer Binod Baniya in honour of his contribution in the development of sport through sports related song.

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Written by Sandeep This news first appeared on https://thehimalayantimes.com/sports/nsjf-kaski-announces-nominees/ under the title “NSJF Kaski announces nominees”. Bolchha Nepal is not responsible or affiliated towards the opinion expressed in this news article.

Sports fraternity pays tribute to Mani B Shah

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People take part in a rally to pay tribute to legendary football player Mani Bikram Shah in Kathmandu on Tuesday. Photo: THT

Kathmandu, May 15

The sports fraternity today paid tribute to legendary football player Mani Bikram Shah, who passed away yesterday at the age of 51.

Shah, popularly known as Nepali Maradona in football fraternity, breathed his last on Monday evening at the Norvic International Hospital. Shah, who had been suffering from liver problems for a long time, was admitted to the hospital on Saturday. Shah’s body was kept at the Dasharath Stadium where political leaders and sports personalities paid last tribute before he was cremated at Pashupati Aryaghat. He is survived by wife and a son.

Nepali Congress President Sher Bahadur Deuba and leaders Prakash Man Singh and Gagan Thapa, CPN UML senior leader Madhav Kumar Nepal, Minister for Youth and Sports Jagat Bahadur Sunar, CNN Hero Anuradha Koirala, National Sports Council Member Secretary Keshab Kumar Bista, Nepal Olympic Committee General Secretary Lama Tendi Sherpa, All Nepal Football Association President Karma Tsering Sherpa and other officials, former ANFA President Ganesh Thapa, football players and athletes among other sports personalities paid homage to Shah.

Relatives mourning at Pashupati Aryaghat, in Kathmandu on Tuesday. Photo: THT

Shah had made his national team debut at the age of 17 during the second South Asian Federation Games in 1985. He ruled Nepali football for 13 years before retiring in 1998. Legendary Shah was of the key member of the national team that won gold medal in the sixth SAF Games in Bangladesh in 1993. The star midfielder of his time, Shah scored six international goals and earned 48 caps from the national jersey.

ANFA Honorary President Tashi Ghale said Shah would remain immortal in Nepali sports. “He spent his entire life for Nepali football and played crucial role in 1993 SAF Games,” said Ghale, who lauded Shah’s contribution in guiding Manang Marshyangdi Club to A Division from D Division. Ghale, who was coach of Shah, said Shah was talented footballer from childhood. “The Nepali team had participated in the Princess Cup U-13 Tournament in Thailand. The Thai Royal family was so impressed with his game against Japan that they invited the Nepali team for dinner.”

Similarly, Birat Jung Shahi, who played along with Shah for MMC and national team, said the demise of Shah was unbelievable. “I am not been able to convince me that he is no more with us,” said Shahi. “Shah was one of the best footballers. It was a confirm goal if he got the ball inside the box or took a free kick outside the penalty area,” added Shahi, who joined MMC along with Shah after Thamel-XI got suspended.

Sports Minister Jagat Bahadur Sunar paying homage to Shah at Dashrath Stadium in Kathmandu on Tuesday. Photo: THT

Similarly, former national team skipper Anil Gurung said Shah was the idol for him. “Mani sir was the best footballer and he is my idol. I followed him since my childhood and I was impressed with his style of play. He used to teach me in every game I played at the Dasharath Stadium. I was shocked when I heard that he was no more,” said Gurung, the former MMC skipper.

Legendary footballer Bhim Thapa said Shah was a star player in South Asia, not only Nepal. “Shah had inborn talent and coaches just showed him the way. I have watched him play closely and he Shah was South Asian super star,” said Thapa.

Likewise, Shah’s room partner in international events, goalkeeper Ajar Manandhar was emotional and could not stop tears from his eyes. “We played together at national team, age-group and MMC and we used to stay in the same room. For me, losing Mani Shah is like losing one of my body parts,” he added.

Former national team skipper Hari Khadka described Shah as an extraordinary player. “Nepal did not have a player of that caliber before him and I doubt there will be any in future,” said Khadka.

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Written by Sandeep This news first appeared on https://thehimalayantimes.com/sports/sports-fraternity-pays-tribute-to-mani-b-shah/ under the title “Sports fraternity pays tribute to Mani B Shah”. Bolchha Nepal is not responsible or affiliated towards the opinion expressed in this news article.

HCC win title

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HETAUDA: Hetauda Cricket Club defeated Hetauda Cricket Academy by 13 runs in the final of the Hetauda Cup T20 Cricket Tournament on Tuesday.

Batting first, HCC scored 113 runs but HCA managed only 100 runs. Winners and runners-up got Rs 35,000 and Rs 25,000 respectively.

HCC’s Hasim Ansari was named the player of the tournament and he got Rs 8,000.

Similarly, Makawanpur Cricket Academy’s Abhishek Jha and HCA’s Sansh Sheikh were named the best bowler and batsman respectively.

They earned Rs 5,000 each.

The post HCC win title appeared first on The Himalayan Times.

Written by Sandeep This news first appeared on https://thehimalayantimes.com/sports/hetaida-cricket-club-win-title-hetauda-cup-t20-cricket-tournament/ under the title “HCC win title”. Bolchha Nepal is not responsible or affiliated towards the opinion expressed in this news article.

With Andrei Vasilevskiy stopping fall, Lightning begin climb back into East finals vs. Caps

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Tampa Bay was in a 2-0 hole as the series moved to Washington. Another loss would have all but finished the Bolts. Goalie Andrei Vasilevskiy, with a little help from his teammates, didn’t let it happen.

Written by This news first appeared on http://www.sportingnews.com/nhl/news/stanley-cup-playoffs-2018-lightning-vs-capitals-game-3-ecf-andrei-vasilevskiy-goalie-saves-series-eastern-conference-finals/1kgt7pfqf204a1qo3yf8lbt4lr under the title “With Andrei Vasilevskiy stopping fall, Lightning begin climb back into East finals vs. Caps”. Bolchha Nepal is not responsible or affiliated towards the opinion expressed in this news article.

NHL playoffs 2018: Capitals’ Wilson on Stralman hit: ‘If it’s the other way around, you better believe they’re looking at it”

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Tom Wilson takes issue with Anton Stralman’s hit during the first period of Game 3.

Written by This news first appeared on http://www.sportingnews.com/nhl/news/nhl-playoffs-2018-capitals-tom-wilson-on-anton-stralman-hit-if-its-the-other-way-around-youd-better-believe-theyre-looking-at-it/rfzhm6ipjwai1mldus7rbd3h9 under the title “
NHL playoffs 2018: Capitals’ Wilson on Stralman hit: ‘If it’s the other way around, you better believe they’re looking at it”
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Watch A’s Stephen Piscotty salute late mother after hitting emotional home run

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Stephen Piscotty went deep in his first at-bat after coming off the bereavement list. He took a moment at the end of his home run trot to acknowledge his late mother.

Written by This news first appeared on http://www.sportingnews.com/mlb/news/stephen-piscotty-home-run-mother-death-athletics-vs-red-sox-fenway-park/1daaji14hix771xzlto5y7w338 under the title “
Watch A’s Stephen Piscotty salute late mother after hitting emotional home run
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Tyronn Lue says Celtics ‘gooning the game up;’ Marcus Smart upset with JR Smith’s flagrant

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The Celtics took a 2-0 lead over Cleveland in the Eastern Conference finals with a 107-94 win on Tuesday night.

Written by This news first appeared on http://www.sportingnews.com/nba/news/tyronn-lue-says-boston-celtics-gooning-the-game-up-marcus-smart-upset-with-cleveland-cavailers-jr-smith-flagrant-foul/23px68juhsod1nudj9anpfyuj under the title “Tyronn Lue says Celtics ‘gooning the game up;’ Marcus Smart upset with JR Smith’s flagrant”. Bolchha Nepal is not responsible or affiliated towards the opinion expressed in this news article.