Government and the Promotion of Entrepreneurship in Nepal


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NEw highest paying Bank ceo in Nepal

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Cap CEO salaries and allowances to below 5% percent of employees´ pay bill or 0.025% of total assets, whichever is less ( See the Graphs above and crunch some number to figure out,who is making how much money) (number ON GRAPH IN 000) . Vehicle to CEO must not exceed 50% of annual salary and allowances Cap not applicable to banks in trouble, branches of foreign banks, banks having govt. So,Mr Anil k Shah will be the lowest paid CEO? Irony is Nabil Bank CEO will be the highest paid banker in the country .. Reading the headline “Central bank caps CEO perks and benefits” in this news paper ,forced me to revisit an op-ed written in 2009 by Paul Krugman, Noble Laureate in Economics. The op-ed was titled “Making Banking Boring”. In the piece Professor Krugman argues stronger regulation and salary cap in the financial industry could have prevented the ongoing great global financial debacle. He further adds caping compensation will force nation’s best and brightest people to leave t...
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Affordable housing for poor and slum dwellers in Kathmandu??

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Current  Situation - Current slum inhabitants in Kathmandu - 50,000 Total number of   slum households -  2,763 . The number of squatter settlements has grown from 17 in 1985 to 63 today. Below the Bagmati Bridge, there are more than 310 households in what is supposed to be 'UN Park', although it has nothing to do with the United Nations. (Source:  Nepali time click here to read more) Average Home Loan intrest rate charged by commercial banks - 14-16 %  "According to government data, nearly 430,000 families live in sub-standard housing in Nepal. The gap between the supply and demand of decent and affordable housing in Nepal is wide. In a rough estimation, about 70,000 new homes per year would need to be built to close the housing gap in Nepal." source:  HABITAT FOR HUMANITY NEPAL Picture source: Nepali times, grey dots show the slum settlements around Kathmandu  Current Solution:" Housing Micro-Fi...
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