The transfer of three Directors in the agriculture ministry leads to questions over the efficacy of RCSC’s transfer rules The recent transfer of three directors in the agriculture ministry to different departments that do not match their expertise has led to some debate on the Royal Civil Service Commission’s transfer …
Read More »Teachers say they overpaid for poor quality laptops
The Nu 100 mn project of the MoE that bought laptops and desktops for around 3000 teachers comes under fire The Ministry of Education’s (MoE) ‘Empowering Teachers’ project which was initiated in mid-2009 and ended in April this year has created loan repayment and miscommunication problems among three agencies – …
Read More »Rice and Maize production to decline with climate change
Just has food self-sufficiency has become an important national priority with the government working overtime to increase domestic vegetable production, a new report says that Bhutan will experience decreasing yields of rice and maize due to climate change. However, all is not bad as the same report says that potato …
Read More »Mystery illness in Orong more than nutritional deficiency, says medical official
Although a second probe was called into the Orong student deaths, people are worried and confused. This is because in Dec 2012, all the students who were affected had been boys. The theory at the time was that they were supposed to have suffered from nutritional deficiency disorder while the …
Read More »Row prevails over Debsi town planning
While the plan is on-going, four land owners have opted not to participate in the land demarcation The demarcation of land at Debsi under Chang gewog has started with the approval of the Ministry of Works and Human Settlement (MoWHS). However, four major land owners have not consented to the …
Read More »How private consumption and credit caused the Rupee Crisis
The Bhutanese had earlier highlighted the role played by the vehicle and fuel imports, government expenditure and Royal Monetary Authority’s reserve management, and the balance of trade as some of the causes of the rupee crisis. The bulk of the report, however, focuses on private consumption and credit growth as …
Read More »“There is no vegetable import ban”: Agriculture Minister clarifies
Food Corporation of Bhutan will instead import vegetables for vendors “There is no vegetable import ban, the story of there being a Ban on the import of vegetables is not true”, said the Agriculture and Forest Minister Lyonpo (Dr.) Pema Gyamtsho. The minister said that the Food Corporation of Bhutan …
Read More »Credit Restriction could lead to defaulters
One of the major remedies adopted by the Royal Monetary Authority (RMA) to contain the Indian Rupee (INR) crunch is increasing the credit to deposit ratios and also risk weightages dramatically, which in short means that banks in complying with these measures have little or no cash to lend. One …
Read More »Conflict of interest cited as reason for absence of Jabmi association
Bar association (Jabmi Thuentshog) and Bar Council (Jabmi Tshogdey) which were to be formed in 2009 remain only in name. According to sections 2 and 14 of the Jabmi Act of Bhutan 2003, there should be a Jabmi Tshogdey and Jabmi Thuentshog but the Jabmi Act was never implemented till …
Read More »Rupee crisis to have long-term impact on Bhutan’s socio-economic development
The government task force report on the rupee shortage has predicted a grave economic future for Bhutan if the rupee crisis continues unabated, impacting millennium developmental goals, socio-economic development, external debt servicing, dollar reserves and trade balance. After the Financial Year (FY) 2012-2013, the convertible currency or dollar reserves of …
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The Bhutanese Leading the way.