Yearly Archives: 2012

Not everyone agrees with the Tshogpon

The National Assembly (NA) session on Tuesday discussed the proposal to designate Prime Minister Jigmi Y. Thinley as a life-time ambassador of Gross National Happiness (GNH). The NA Speaker, Tshogpon Jigme Tshultim had earlier suggested the proposal to the  house. Opposition MPs expressed their reservations on the proposal and also …

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PM applauds courts for speedy justice

The Prime Minister Lyonchhen Jigmi Y. Thinley in his state-of-the-nation report commended the courts in Bhutan for delivery of speedy justice, even in the face of huge overflow of cases. “The judicial system should be commended for the efficiency with which justice was being dispensed,” said Lyonchhen JYT while he …

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Heavy Machine operators trained under MoLHR program

More Bhutanese will operate heavy machinery by 2013 after the labor ministry’s establishment of Samthang Technical Training Institute (STTI), which will train heavy machine operators. A second successful batch of 20 machine operators was trained to operate heavy machines by the ministry in collaboration with the Construction Development Corporation Limited …

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Unemployment down beyond set-target, PM

Youth unemployment rate has declined from 9.3% to 7.3% this year according to the Labor Force Survey Report of 2012. The PM in his state-of-the-nation report credited it to good policies, good governance and sustained growth. It was found that jobseekers aspire d to take up white collar jobs and …

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Cordyceps collection declines This year the quantity of cordyceps has declined, but if it’s any consolation the quality is excellent compared to the last year. In the Soe community after a month’s duration of cordyceps collection, people returned home with just a handful of it. Soe Gup Kencho Dorji said …

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Meeting for hydropower joint-venture a success

In a meeting held on last week with an Indian delegation, Chamkhar Chu, Kholong Chu, Bunakha and Wang Chu projects were accepted by the Indian delegation to be included under the joint venture project. The Bhutanese delegation was lead by the secretary of the economic affairs, Sonam Tshering for to …

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RMA will cooperate with NC, but with a condition

“The minutes of board meetings will be disclosed only within RMA premises” The Royal Monetary Authority (RMA) has assured its utmost cooperation to the National Council (NC) and has agreed to provide required-documents and information to review the Indian Rupee (INR) shortfall. The NC Chairperson Namgye Penjore directed the RMA …

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Part 3- The Rupee Crunch: Reconciling theory with reality

Did you ever realize that there are more incentives for consumption than saving and producing in Bhutan? Business conglomerates in the country have concocted their own definition and demarcation of private consumption- the primary contributing factor to the crunch. When government studies have pointed at private consumption and credit expansion …

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The State of the Nation

The State of the Nation report presented by the Prime Minister Lyonchhen Jigmi Y Thinley is similar to a report card on the progress achieved by various government agencies. The government has judged its overall performance to be good in what has been a particularly challenging year. It must be …

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