Connect with us

Economy

Narayanhiti Museum collects more than Rs 230 million revenue

Gorkha Post

Published

on

KATHMANDU — The Narayanhiti Durbar Museum has collected more than Rs 230 million revenue after welcoming 2.7 million visitors in nine years of its operation.

The museum was opened for public on 27th February, 2009, following the announcement of a republic in Nepal on May 28, 2008, with the abolition of around 240-year-old monarchy. It raised over Rs 230 million from the sale of entry tickets and around Rs 1.5 million as parking fees in this period.

The museum records show that so far, 2,721,485 people have visited it.

Of them, as many as 1,145,510 were Nepali students, 1,365,091 were common people, 155,576 were from the SAARC countries and China, and 65,308 people had arrived from other countries.

ALSO READ :  Sugarcane being exported to India from Mahakali

“The museum charges a Nepali student Rs 20 as entry fees, it is Rs 200 for a visitor from home while Rs 250 for a guest from the SAARC countries and China and Rs 500 for nationals from other countries,” according to Information Officer at the Museum Adait Shrestha.

Till the first nine months of the current fiscal, 235,534 people visited the museum. The collected revenue also includes the vehicles’ parking fees. The museum remains open for public from 11:00 am to 3:00 pm five days in a week (except Tuesday and Wednesday).

The palace that long served as the residence of the then ruling monarchs of Nepal was turned into a museum, following the introduction of a new system in the country.

Continue Reading

Economy

Business community demands slash in interest rate

Pratigya Waiju

Published

on

BIRATNAGAR— The industrialists and traders in Biratnagar have asked the government to immediately reduce the high interest rate charged by the bank and financial institutions (BFIs) from the borrowers.

They argued that the interest rate should be around seven percent for the production-based industries and up to nine percent for the trading firms.

At a programme jointly organised by Industry Association Morang and Trade Association Morang on Thursday, the business leaders drew attention of the government to that end adding that job creation for the labour force of 500,000 was not likely only from the industry and trade sectors.

ALSO READ :  NOC hikes fuel prices

Stressing the need for slashing the interest rate, they also argued the central bank should realise the reality that no bank was running out of loss. The industrialists and businesspersons said that industries and business should flourish to reduce the trade deficit, strengthen the economy and create more job opportunities.

Industrialists Bhim Ghimire, Pawan Kumar Sharda, Sushen Pyakurel, Moti Dugad and others said that bank’s interest rate should be low to increase the domestic investment and lure the foreign investment.

Continue Reading

TOP PICKS