Kuenzang Choden / Thimphu The economic affairs minister, Khandu Wangchuk who recently visited the Indian Capital to follow-up on the increase in the Line of Credit announced that the Indian Government has assured the increase from Rs 3bn to 10bn, in a press conference yesterday. “India itself is going through …
Read More »Another New political party comes forward
This will take the total number of political parties to six for the 2013 elections. One of the main organizers of the party, Sonam Tobgay says that the party is a ‘unique one’. In the recent months there had been speculation of a political party organized primarily by a …
Read More »MoIC’s research team says RTI will improve socio-economic development and good governance
The Columbia University team researching MoIC’s draft RTI Bill says RTI will benefit Bhutan, incur low cost of implementation and will be easier to have sooner than later A five member team comprising of students from Columbia University (CU), working under Professor Annya Schiffrin in New York is now …
Read More »Pedestrian day rocks a bittersweet symphony
There was very little that could trump the ‘Pedestrian’s day’ initiated in an all altruistic fashion with citizens ‘walking’ to their daily destinations of jobs, schools and businesses. The nation’s premier Lyonchen Jigmi Y. Thinley himself was the torchbearer to the whole ‘save the environment’ initiative. The Prime Minister walked …
Read More »Fifth Party ‘Druk Chirwang Tshogpa’ joins the party
Party already has 300 members and 12 candidates Druk Chirwang Tshogpa or Druk Democratic Socialist Party will be the fifth political party competing for a spot in the 2013 general elections. The party has claimed that so far it has 300 members and 12 confirmed candidates of 25 potential candidates. One …
Read More »Drought in the South screams famine, Met Department data reads otherwise
In what could be the most inimical event toward the government’s Rupee-retentive measures, the majority of Gewogs in the southern dzongkhags are in the midst of an imminent famine situation. This, in the face of the live-Rupee crunch could be a huge setback in the government’s recent immediate move to …
Read More »Regional RTI experts recommend Bhutan join the club
The two day awareness seminar for Right to Information (RTI) in capital saw experts from India, Bangladesh, USA and the World Bank advising Bhutan to adopt RTI as an important tool for good governance, transparency, democratization and also to prevent corruption. The experts also said that RTI Law will benefit …
Read More »Advertisement Policy presented to Committee of Secretaries
A new media scenario is likely to unfold soon in the country with the implementation of the long overdue ‘government advertising guidelines’ (GAG). Secretary of the ministry of information and communications (MoIC), Dasho Kinley Dorji who held a presentation of GAG to the committee of secretaries earlier this month said, …
Read More »Jo Stiglitz and UN-DESA say USD reserve management and government deposits in banks exacerbated rupee crisis
The Nobel laureate said that Bhutan’s USD reserves is too high with low yields creating more debt through rupee borrowings and that government deposits in financial institutions fuels credit growth Noble laureate Professor Joseph Stiglitz pointed out weaknesses in Bhutan’s monetary (banking and financial regulation) and fiscal (government expenditure and …
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The Bhutanese Leading the way.