The Prime Minister on behalf of the government took charge of 239 power tillers worth around Nu 65 mn given as the final power tiller grant under the KR-II grant scheme of the Japanese government. The PM said that earlier this year, the Government initiated the distribution of 70 power …
Read More »RAA says govt was in budget deficit for 245 days in 2014 FY
The untimely release of grants and also seasonal revenue collection has ensured that the government has to constantly take short term loans to meet its expenditure. The Royal Audit Authority (RAA) in its annual audit of the ‘Annual Financial Statement of the Government till the fiscal year of 30th June …
Read More »DGM proposes to significantly increase mining royalty rates for all minerals
In most cases the royalty rates are being doubled The Department of Geology and Mines (DGM) under the Ministry of Economic Affairs (MoEA) has proposed a significant increase in the mining royalty and mineral rent saying that a revision is long overdue and would have a good impact on …
Read More »Dasho Benji’s counsel fires back with sedition, usurpation of royal prerogatives, violation of law, corruption and debt
Dasho Paljor J. Dorji’s (Dasho Benji) counsel Younten Dorji on Thursday first rebutted DPT’s earlier evidences and then launched into the long evidence submission session to prove its point that the party had ‘robbed the nation blind.’ Rebuttal of DPT’s evidences On the submission of DPT’s print copy of …
Read More »Privy Council encourages surrender of post based Kabney and Patang before rules come in
Only those who have been awarded honorary Kabney’s by His Majesty the King are entitled to wear kabney after their retirement but all post-based kabney and patang should compulsorily surrender to the Royal Privy Council on completing their terms according to Royal Privy Council member, Dasho Sangay Wangchug. At the …
Read More »Two highway projects in south were put on hold to prevent Bodo militants from coming into Bhutan: PM
With the Indian army’s ongoing operations against NDFB(S) the RBA is intensively patrolling the Bhutan-Assam border to prevent entry of militants Prime Minister Tshering Tobgay, in an interview with The Bhutanese, said that the main reason for putting on hold the 68.3 km Nanglam-Dewathang highway and cancelling the 98 …
Read More »Bhutan’s Football Team needs Nu 25 to Nu 30 mn for upcoming World cup matches
A request of around Nu 16 mn is being put up to the government After two historical wins against Sri Lanka, Bhutan’s national football team is now in the second round of the FIFA World Cup where it will end up playing around eight matches of which around four …
Read More »Bhutan’s World Cup team to be finalized based on Thimphu League performance
Good performers can replace existing members of the national team Though Bhutan’s current national football team may have won two spectacular games against Sri Lanka the places of its players are not yet assured on the team. This is because the final national team to play in the second round …
Read More »Draft Private Sector Development Strategy rests on four pillars and multiple reforms and interventions
The Private sector has received plenty of lip service over the years but little by way of concrete policies and measures on the ground. This has been one of the main reasons why Bhutan’s private sector is so weak and underdeveloped. In an effort to change all this, the government …
Read More »His Majesty the King and Her Majesty the Queen tour the South
His Majesty The King, accompanied by Her Majesty The Gyaltsuen, visited Gaeddu College of Business Studies on 25th March 2015. His Majesty granted Audiences to the students of the college, as well as the faculty. Their Majesties are on a Royal Tour of the southern dzongkhags On 24th March His Majesty …
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