Monday, June 29th, 2026

Cabinet announces 25 decisions: Japan loan approved for Koteshwor junction upgrade, suspended insurance authority chief Ojha dismissed



KATHMANDU: The government has made public 25 decisions from the Cabinet meeting held on August 18.

The announcements were shared by government spokesperson and Minister for Communication and Information Technology, Prithvi Subba Gurung.

Among the decisions, two carry significant public interest. The Cabinet approved a concessional loan of Rs 3.08 billion from the Government of Japan to ease traffic congestion at Koteshwor junction, one of the busiest points along Kathmandu’s inner ring road.

Similarly, the Cabinet dismissed Sharad Ojha from his post as Chairperson of the Nepal Insurance Authority. Ojha had been suspended earlier following accusations of securing the position through forged documents under the influence of vested groups.

The Cabinet decision cited misconduct, lack of competence, and failure to fulfill official responsibilities as reasons for his removal.

Publish Date : 20 August 2025 19:09 PM

Thousands of Nepalis continue to leave for foreign jobs despite change in govt

KATHMANDU: Despite the formation of a new government led by

Bangladesh’s ex-PM Sheikh Hasina vows to return home this year despite death sentence

KATHMANDU: Bangladesh’s former Prime Minister Sheikh Hasina has vowed to

Budhanilkantha School rejects abuse allegations, says investigation already completed

KATHMANDU: Budhanilkantha School has dismissed recent reports published in various

Gold prices fall by Rs 1,400 per tola in domestic market

KATHMANDU: Gold prices declined in the Nepali market on Monday,

Finance Minister Wagle administers oath to new SEBON chief, directs investor-focused reforms

KATHMANDU: Finance Minister Dr. Swarnim Wagle on Monday administered the