AGP Executive Report
Last update: 8 hours agoFlood Reconstruction & Governance: Nepal’s Infrastructure Development Committee has directed the government to prepare a reconstruction work plan after the Rasuwa, Nuwakot and Dhading floods, including a one-month factual report on damaged roads/bridges and drinking water, and a longer-term shift toward disaster-resilient standards. Resettlement Planning: The government says it will resettle Bhotekoshi flood-affected people through integrated settlements in safer locations, coordinating federal, provincial and local levels. Education Continuity: The Education Minister pledged immediate-to-long-term plans for children in flood-hit areas, including temporary learning centres and a scholarship scheme with the private sector. Energy & Finance Policy: VAT on electricity consumption is set to be removed after an agreement between the energy and finance ministers, pending Cabinet approval. Capital Markets: NEPSE suspended trading after a data centre technical issue/ransomware disruption affecting 72 brokers; the Securities Board has ordered an investigation and expects a report with improvements. Hydropower Impact: The Upper Trishuli-1 project flood aftermath includes 39 confirmed deaths and 439 missing, with rescue operations ongoing at the construction site. IPO Rules: SEBON proposed tighter eligibility criteria for hydropower and infrastructure IPOs, including independent technical testing and stronger governance/financial readiness. Private Sector Reform: The PM’s Office has asked 21 private-sector umbrella bodies for legal reform suggestions to remove obstacles to investment and business. Transport Safety for Festivals: Stakeholders discussed safer travel ahead of Dashain/Tihar/Chhath, but ticketing changes were not agreed due to fragile road conditions. Business & Community: Bhatbhateni’s Tangal store reopened after a fire, while Nepal Telecom announced free repairs/extended services and relief support for flood-affected users. Climate Justice Diplomacy: Lawmakers and officials are pushing Nepal to raise climate loss-and-damage and Himalayan security issues internationally, including at upcoming UN settings. Education & Skills Trend: A new report highlights a decline in Grade 12 humanities subjects’ enrolment, pointing to an increasingly income-centric definition of success.
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