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Read more: [Nepal] - Despite legal arrangements teenage pregnancy rampant
Write comment (90 Comments)KATHMANDU, JULY 5
Obstruction of parliamentary proceedings by opposition lawmakers has led to the invalidation of anti-usury ordinance that the president had issued on May 3. The ordinance had amended some provisions of the Muluki Criminal Code criminalising loan sharking.
As per the constitutional provision, any ordinance which is not adopted by the Parliament within 60 days, ipso facto ceases to be effective.
The government had brought the ordinance after hundreds of loan-shark victims gathered in Kathmandu and protested for weeks. The government had brought a replacement bill which was supposed to be passed today, but the bill could not be passed due to obstruction of House proceedings.
The ordinance, which had been passed by the National Assembly, was listed for business in the HoR today.
Assistant Spokesperson for the Parliament Secretariat Dasharath Dhamala said the HoR had plan to pass the anti-usury bill today and send it to the NA with its message following which the bill was supposed to reach the president for authentication.
Dhamala said the government had not changed anything in the replacement bill. It had registered the anti-loan shark bill only on June 20, almost one month after the ordinance was issued. Dhamala added that the government should have calculated the time required to pass a bill and should have registered the bill immediately after the ordinance was issued by the president.
If the replacement bill is passed in the next meeting, it will still be a law but before that there will be a vacuum as the ordinance has ipso facto become ineffective.
The ordinance prohibited improper transactions, proposing a jail term up to seven years and a fine of Rs 70,000 on loan sharks.
As per the ordinance if anybody is found to have made a loan deed for which the lender has not actually given loan, or if anybody inflates the loan amount, or counts interest as principal amount, or refuses to give receipt of payment and seeks more interest than the principal amount, that will be deemed improper transaction.
A version of this article appears in the print on July 6, 2023, of The Himalayan Times.
Read more: Anti-usury ordinance becomes invalid
Write comment (94 Comments)By Rastriya Samachar Samiti
Published: 10:08 pm Jul 05, 2023
The party will be holding the central committee meeting after a gap of around one year.
Stay in touch!
Read more: NC Central Committee meeting on July 12
Write comment (97 Comments)Read more: [Nepal] - Nanga Parbat records over 60 tops including 29 from SST
Write comment (99 Comments)Read more: HoR meeting adjourned till Friday
Write comment (97 Comments)KATHMANDU, JULY 6
A 32-year-old woman climber successfully scaled Nanga Parbat in Pakistan completing her tenth 8000er.
"I have just returned from the summit point of Nanga Parbat and have now completed 10 peaks above 8,000m," Dawa Yangzum Sherpa told THT from the base camp.
Born in Rolwaling valley of Dolakha district, Dawa Yangzum scaled the 8,126-metre peak as over 60 climbers stood atop the mountain this season.
On a mission to complete all 14 peaks, Dawa Yangzum climbed Mt Kanchenjunga in the last spring season. The first Asian woman IFMGA/UIAGM mountain guide Dawa Yangzum is the first Nepali woman to climb most 8,000m peaks, and has been mentoring girls keen on mountaineering by providing climbing gear and training. World-famous companies such as Rolex, The North Face, Lekki and Oakley Sunglasses have appointed her as a brand ambassador.
Dawa Yangzum is the youngest K2 summiteer and also the first Nepali woman to have climbed Annapurna I without O2. She also made the first ever ascent of Mt Langdung. Besides, her successful climbs include K2, Everest and the first ascent of two mountains in Nepal. "She is one of three Nepali women who first climbed Mt K2 (8,611m) under the Women for Change Expedition in 2014."
Being the professional guide, Dawa Yangzum also led the National Geographic scientific research team to Mt Everest 2019, 2022 and 2023. She also holds the speed climbing record (female) on Makalu in 20 hours. Dawa Yangzum, who became the first woman to reach Manaslu true summit in autumn, has received many awards including Kumar Khadga Bikram Sahasik Puruskar and Tenzing Hillary Award. She had climbed Mt Everest in 2012 as her first 8,000er.
Dawa Yangzum, who is also the second vice president of Nepal Mountaineering Association, plans to climb the remaining four peaks – GI, GII, Cho-Oyu and Sishapangma to complete all 14 peaks above 8,000m. "If everything goes on track, I will try to complete two more Karakoram peaks -GI and GII- this season," she said.
Read more: Dawa Yangzum scales Nanga Parbat completing 10 of 14 peaks
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