Friday, August 24, 2012

Method of Making The National Flag of Nepal


Methods of making the flag and other particulars as stated by Interim Constitution of Nepal 2063 (2007), as amended by 1st, 2nd and 3rd amendments.

(A) Method of Making the Shape inside the Border
(1) On the lower portion of a crimson cloth draw a line AB of the required length from left to right.
(2) From A draw a line AC perpendicular to AB making AC equal to AB plus one third AB. (3) From AC mark off D making line AD equal to line AB. Join BD.  From BD mark off E making BE equal to AB.
(4) Touching E draw a line FG, starting from the point F on line AC, parallel to AB to the right hand-side. Mark off FG equal to AB.
(5)Join CG.

(B) Method of Making the Moon
(6) From AB mark off AH making AH equal to one-fourth of line AB and starting from H draw a line HI parallel to line AC touching line CG at point I.
(7) Bisect CF at J and draw a line JK parallel to AB touching CG at point K.
(8) Let L be the point where lines JK and HI cut one another.
(9) Join JG.
(10) Let M be the point where line JG and HI cut one another.
(11) With centre M and with a distance shortest from M to BD mark off N on the lower portion of line HI.
(12) Touching M and starting from O, a point on AC, draw a line from left to right parallel to AB.
(13) With centre L and radius LN draw a semi-circle on the lower portion and let P and Q be the points where it touches the line OM respectively.
(14) With centre M and radius MQ draw a semi-circle on the lower portion touching P and Q.
(15) With centre N and radius NM draw an arc touching PNQ at R and S. Join RS. Let T be the point where RS and HI cut one another.
(16) With centre T and radius TS draw a semi-circle on the upper portion of PNQ touching it at two points.
(17) With centre T and radius TM draw an arc on the upper portion of PNQ touching at two points.
(18) Eight equal and similar triangles of the moon are to be made in the space lying inside the semi-circle of No. (16) and outside the arc of No. (17) of this Schedule.

(C) Method of Making the Sun
(19) Bisect line AF at U, and draw a line UV parallel to AB line touching line BE at V.
(20) With centre W, the point where HI and UV cut one another and radius MN draw a circle.
(21) With centre W and radius LN draw a circle.
(22) Twelve equal and similar triangles of the sun are to be made in the space enclosed by the circles of No. (20) and No. (21) with the two apexes of two triangles touching line HI.

(D) Method of Making the Border
(23) The width of the border will be equal to the width TN. This will be of deep blue colour and will be provided on all the sides of the flag. However, on the five angles of the flag the external angles will be equal to the internal angles.


Thursday, May 03, 2012

Working for Sustainable Development


A nation to be developed; each divisions, groups and individual should work together to create synergetic force for sustainability considering Environment, Social and Economic factors of the nation. 

Hauling a similar theme, a group of management students including 5 participants from different team of pyramid-2012 workshop are heading Jiri on 4th may 2012 for the campaign on education improvement, spreading awareness and for promoting tourism and economic development of jiri.

Participants will first meet the committee of village development to discuss on the emerging issues that the Jiri people are facing, the business scope and the education system. Also to sustain and develop rural people’s knowledge and education, Participants will donate hundreds of different books to the Jiri Village Development Committee for the school children’s.

Participant will also conduct workshop to experience them for team working and support each other for environment friendly society. Similarly, they will also spread awareness on protecting environment by cycling, trekking and visiting different religious areas and temples for promoting tourism development for sustaining economy of the Jiri people.  

Visiting and observing different factories and industries of Jiri will give a clear insight for the participants about the business opportunities and threats. Meanwhile they will also analyze the contribution of the factories to the society in terms of economy, opportunities, development and similar other areas.

Sunday, March 25, 2012

FDI in Nepal: Trends and Prospects

What is FDI?
FDI is a flow of entrepreneurial capital in the form of some mixture of managerial skills and financial lending. It directly increases the capital formation of the recipient country. FDI is the outcome of mutual interests of multi-national firms and host countries. According to the International Monetary Fund (1997). FDI is, "investment that is made to acquire a lasting interest in an enterprise operating in an economy other than that of the investor. The investor's purpose being to have an effective voice in the management of the enterprise". IMF definition of FDI treats both reinvested and other direct capital flows such as debt securities, trade credits and grants as part of FDI. This definition is accepted by most countries and also by UNCTAD for reporting FDI data. Briefly speaking, economic benefits of FDI include contribution to physical capital formation, contribution to human capital development, transfer of technology and know-how, expansion of market and expansion of trade. The technological changes that it brings about increase factor productivity, change product and export composition, encourage research and development practice and efficiency to local production.
The role of FDI has been accepted as very important in the development of developed as well as developing countries. It has always attracted a good deal of attention and given rise to heated controversy.

FDI: Trends and Prospects of Nepal
Nepal has been receiving some foreign direct investment (FDI), but the amount has been insignificant when compared with that received by other developing countries, including South Asian one. But the list of foreign investors includes such renowned companies as British American Tobacco (BAT), Unilever, Coca- Cola, Standard Chartered and Hyatt. India is the major source of FDI in Nepal so far (about 40%), followed by the United States, China, The British Virgin Islands, Norway, Japan, the Republic of Korea, Canada and Hong Kong (China) in terms of the amount of approved FDI.
The major area of FDI has been manufacturing, followed by services and, in particular, tourism more specifically, FDI is concentrated in manufacturing products for export to India (e.g. vegetable fat, soap, tooth paste, Ayurvedic preparations) and overseas (ready made garments). This is followed by hotels. More recently there has been significant FDI in hydropower, taking advantage of the further policy liberalization in this sector. (Source:http://mskathayat.blogspot.com/2011/02/fdi-in-nepal-case-study.html)
Persistent labor problems, power outages, political instability, cumbersome regulations and tax regime (leading to high transaction costs), corruption, and lack of adequate infrastructure (leading to high transportation costs), among others factors, are impacting FDI inflows to Nepal.  According to Enterprise Survey 2009, 62 percent of enterprises think instability is the biggest constraint. There are plenty of opportunities for FDI in agriculture and agro-based industries, flowers and flowering plants, Pashmina, garments, tourism, health, education, IT, nursing homes, construction, hydropower and alternative energy sources, and manufacturing, among other sectors.

FDI inflow trends:
The Foreign direct investment; net (BoP; US dollar) in Nepal was last reported at 87,799,640.00 in 2010, according to a World Bank report released in 2011. The Foreign direct investment; net (BoP; US dollar) in Nepal was 38,176,180.00 in 2009, according to a World Bank report, published in 2010. The Foreign direct investment; net (BoP; US dollar) in Nepal was reported at 9,95,123.90 in 2008, Over the past 14 years, the value for this indicator has fluctuated between 87,799,640.00 in 2010 and ($6,647,984.00) in 2006.
A FDI inflow to Nepal was US$ 5.94 million in 1990. It then decreased to almost nil up until 1995. In 1996, FDI inflow was US$ 19.16 million and fluctuated quite a bit until 2000, when FDI inflow was negative US$ 0.48 million. Till 2006 FDI inflow has turbulent fluctuation and after 2007 it has been increasing and reached to $87,799,640.00 in 2010  (details in Table:1)
Table:1 Net Foreign Direct Investment In Nepal
Year
FDI Inflows
Year
FDI Inflows
Year
FDI Inflows
1972
$30,000.00
1985
$650,000.00
2000
($484,827.00)
1973
($10,000.00)
1986
$1,170,000.00
2001
$20,850,000.00
1974
$250,000.00
1987
$1,390,000.00
2002
($5,952,541.00)
1976
($40,000.00)
1988
$680,000.00
2003
$14,778,090.00
1978
$410,000.00
1989
$420,000.00
2004
($417,346.40)
1979
$300,000.00
1990
$5,940,000.00
2005
$2,451,785.00
1980
$300,000.00
1991
$2,220,000.00
2006
($6,647,984.00)
1981
($230,000.00)
1996
$19,160,170.00
2007
$5,741,706.00
1982
($30,000.00)
1997
$23,056,470.00
2008
$995,123.90
1983
($600,000.00)
1998
$12,024,660.00
2009
$38,176,180.00
1984
$950,000.00
1999
$4,350,000.00
2010
$87,799,640.00


On the basis of the table data a line chart is constructed so to provide a visual impact which makes easier to understanding about the inflows trend in Nepal from the year 2000 to 2010. We can notice that FDI inflows is fluctuated from 2000 to 2008 and after the year 2008 it is raising constantly over the period till 2010 and reached to $87.79 million from the initial stage of ($0.484) million in year 2000.
FDI In Nepal: in relation with South Asian Countries
FDI inflows to Nepal was the second lowest in South Asia in 2010. It received approximately US$87 million in 2010. The highest recipient was India with US $24 billion and the lowest Bhutan with US$ 11.69 million. The total FDI inflows in the world was US$ 124.37 billion, to developing countries US$ 573.57 billion, and to South Asia US$ 31.95 billion (South Asia excluding India received US$ 7.3 billion of which approx 30 percent went to Pakistan).
Nepal received 0.12 percent of total FDI inflows to South Asia in 2010. Similarly, it received 0.15 percent and 0.17 percent of FDI inflows to LDCs and landlocked developing countries in 2010. The corresponding figures in 1990 to these destinations, respectively, were 2.79 percent, 1.04 percent, and 0.98 percent. In 2005, they were 0.02 percent, 0.02 percent and 0.04 percent.  (details in table:2)
Table:2 Total FDI Inflows (Sector wise)
Total FDI inflows
FDI inflows (US$ million)
1990-1995
1996-2000
2001-2005
2006-2010
2009
2010
Nepal
8.16
89.80
31.70
77.89
38.56
38.99
Total FDI inflows
FDI inflows (US$ billion)
1990-1995
1996-2000
2001-2005
2006-2010
2009
2010
South Asia
7.53
72.40
51.56
188.43
42.46
31.95
Least developed countries (LDCs)
8.40
79.49
56.34
132.93
26.54
26.39
Landlocked developing countries
7.81
65.02
42.29
102.30
26.19
23.02

As the news published in Abhihan Daily dated 3rd March 2012, on the month of Magh 2068 total 15 companies with investment amount of NPR. 76crore 82 lakhs,15 companies were registered on Department of Industry, Nepal. Out of these,10 companies are going to be invested by foreign investors, with the total investment of NPR 18crore 79 lakhs.  Among the registered companies 5 are production oriented and 5 are service oriented with 4 from foreign investment.