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Nepal Economic Digest (June 15, 2020)



KATHMANDU: Economic Digest, a daily morning email digest, is basically a relatable summation of important business news from Nepal into easy-to-understand summaries.

Farmers earn Rs 5 million rupees from watermelon sales

Farmers in Khuttedangi in ward no. 9 of Mechinagar municipalities have earned Rs. 5 million from the sale of watermelon during the lockdown.

The farmers here have started growing watermelon in their maize fields, against the traditional way of growing the juicy fruit only in the river beds.

Since last year, the farmers here have been following lead farmer Dilli Prasad Upetri who has been growing watermelons in paddy and maize fields. Upreti also made an income of Rs. 1.5 million from watermelon sales this year.

Almost every farmer household in his locality earned between one to ten lakhs from watermelon farming.

A dozen farmers in the neighborhood made an income of 5 million rupees, said Upreti. Maize fields this year were used to grow watermelons.

Nepal Airlines slashes airfare

Nepal Airlines Corporation (NAC) has decided to slash airfare that it had been charging to bring Nepalis back home from abroad.

The national flag-carrier made this decision addressing the complaints regarding the earlier air fare determined for bringing the Nepalis back home from major labor destination countries including the Gulf region by Nepali aircraft.

NAC stated that the decision has been made in the form of greater efforts as per the request of the Government of Nepal.

NAC has made it clear that the decision to decrease the air fare for the chartered flights has been taken realizing the social responsibility rather than profit in such adverse situations and considering the difficulties faced by the Nepalis in various countries.

59 pc work of Pokhara Regional Int’l Airport completed

The construction work of Pokhara Regional International Airport has been completed by 59 percent.

However, the financial progress of the project of national pride is only 45 percent. As many as 250 Chinese and 100 Nepali workers are working daily in the project which has not been stopped for a single day during the lockdown.

Construction of 14 buildings including terminal, tower, immigration, customs, hangar, cargo, administrative, fire control, quarantines and rescue is underway, media reports said on Sunday.

25 sets of PCR machines being purchased

A medical supplier company, With Management, is all prepared to bring 25 sets of PCR machines. The company Chief BK Bhandari shared that with the operation of these machines, PCR could be tested on 12,000 people daily.

The machines can test the swab of 16 persons at once and could give results within an hour. He added that the medical stuff including PCR machine, RNA test kits, PCR kits, and VTM kits of estimated Rs 300 million would be purchased soon from China. They arrive in the country within a week, Bhandari added.

(Compiled and prepared by Swastik Aryal and Nitish Lal Shrestha)

Nepal Economic Digest is a daily morning email digest, basically relatable summations of the most important business news, happenings from Nepal into easy-to-understand summaries.

Publish Date : 15 June 2020 08:10 AM

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