KATHMAND: The government has fixed the minimum support price for paddy for the current fiscal year.
At a press briefing on Thursday, Government Spokesperson Prithvi Subba Gurung announced that the Cabinet meeting held on August 11 decided to set the price at Rs 3,463.81 per quintal for coarse paddy and Rs 3,628.33 per quintal for medium paddy.
The meeting also decided to accept a US$9 million grant from the South Korean government for infrastructure development at Gandaki Technical Institute and appointed Dr. Ramesh Prasad Chaulagai as an expert member of the National Cooperative Regulatory Authority.
In another decision, the Cabinet approved toll rates for the Nagdhunga Tunnel Road: Rs 65 for cars/vans entering Kathmandu and Rs 60 when exiting; Rs 115 for minibuses/minitrucks entering and Rs 80 when exiting; Rs 260 for large buses/trucks entering and Rs 200 when exiting; and Rs 600 for heavy equipment entering and Rs 250 when exiting.
The Cabinet also endorsed the National Artificial Intelligence (AI) Policy 2025.
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