Majority of the handicraft shops in and outside Thimphu have been promoting and selling products that are imported from neighboring countries like India and Nepal to the tourists by branding them as ‘Product of Bhutan.’ Although this, according to the Department of Culture is illegal, there hasn’t been a strong …
Read More »5,371 unemployed youths vs 6,373 job vacancies in Bhutan
This includes 586 current vacancies in State Owned Enterprises Imagine an unemployed graduate declining to apply for a government corporation job where his minimum starting pay would be Nu 15,000 along with job stability, provident fund, increments and all the benefits that government employees get. Yet, this is the ground …
Read More »Progress in the 11th plan in numbers : State of the Nation Report
Economy Domestic revenue increased to 142 bn in the 11th FYP from Nu 88 bn in the 10th FYP The Government received the largest grant so far amounting to Nu 70 bn as compared to Nu 50 bn in the 10th FYP The fiscal deficit of the 11th FYP stands …
Read More »Farmers’ income jumps from 17 bn in 2012 to 26 bn in 2017
Given the fact that Bhutan is fairly an agrarian society and agriculture is the main source of income and livelihhod for the people in rural areas, agriculture received a major chunk of the investment in the 11th FYP and was also identified as the Five Jewels of the nation. The …
Read More »74,000 jobs created in 11th plan with 5000 current vacancies: PM
Expresses concern over youth unemployment Lyonchhen in his State of the Nation Report (SOTN) said the government has accorded the highest priority on creating employment opportunities during the 11th Plan, resulting in the reduction of overall unemployment figures from 2.9% in 2013 to 2.4% today. However, youth unemployment which was …
Read More »Technology Innovation and Support Centers to be established in 3 institutions
Service Legal Agreements (SLA) were signed between the Department of Intellectual Property (DoIP) under Ministry of Economic Affairs and the three host institutions, which are College of Science and Technology, Jigme Namgyel Engineering College and Bhutan Innovation and Technology Center to establish a Technology Innovation and Support Center (TISC) in …
Read More »Majority of performance audit recommendations not implemented by JDWNRH and Thimphu Thromde: PAC
Only 3 out of 11 recommendations made by RAA to JDWNRH are fully implemented The performance audit report by the Royal Audit Authority (RAA) on delivery of services at the Jigme Dorji Wangchuck National Referral Hospital (JDWNRH) noted the waiting time of the patients at general Out-Patient Department (OPD) and …
Read More »One year given to resolve remaining 69 percent of Audit irregularities
Audit irregularities of all the agencies to be resolved within a year The Public Accounts Committee (PAC) presented its report for deliberation in the Joint Sitting of the Parliament this week. This is in keeping with the PAC’s mandate to review and present the Annual Audit Report (AAR) or any …
Read More »DHI revenue up by 7.27 % on back of strong performance by companies despite decreased power production
The Druk Holding and Investment (DHI) held its Annual Press conference on Friday at the capital. The Chief Executive Officer of DHI and the Directors and representatives of the 12 DHI Companies also launched their annual reports and presented summary on the performance of their respective company. “Such Annual Press …
Read More »PDP’s National Women Convention sees overwhelming turnout
With the theme, ‘Empowering Women,’ the People’s Democratic Party (PDP) held its National Women’s Convention to celebrate and encourage women to come forward and take part in politics for an inclusive decision making process. The convention saw a huge women turnout, so unanticipated that the organizers ran out of seats …
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The Bhutanese Leading the way.