two-days training programme held


KATHMANDU, Sept. 1: The National Reconstruction Authority (NRA) of Nepal and the Embassy of India in Kathmandu have jointly organized a two-day training programme from 30-31 August on the Export Import (EXIM) Bank of India’s Line of Credit guidelines and procedures along with simulation exercise on a range of projects. A total of 23 Government of Nepal officials from various Ministries, Central Level Project Implementation Units (CLPIUs) and NRA participated in the training programme. Two senior experts from the EXIM Bank of India have conducted the training programme.


The training programme was organized as part of a bilateral understanding reached between Government of Nepal and Government of India officials during the 5th Line of Credit (LOC) Review Meeting held in February in Kathmandu. It was agreed that the EXIM Bank of India would conduct a training programme for the Government of Nepal officials in order to acquaint them with Line of credit guidelines and procedures for the utilization of US$ 750 million LoC component of India’s economic recovery package for Nepal’s post-earthquake reconstruction.


The training programme covered general introduction to the EXIM Bank of India’s Line of Credit (LOC), prequalification, tendering process and evaluation of tender documents, project identification and simulation exercise on select projects. The participants expressed satisfaction at the training imparted.


The two sides agreed to collaborate on future capacity building efforts of the Government of Nepal officials who would be closely working on the Government of India’s Line of Credit supported projects.

Related News

Parliamentary committee directs govt to present casino regulations bill

Kathmandu, Sept 30: The Social Justice and Human Rights Committee under the Legislature-Parliament today has directed the government to bring the then enterpriser of Nepal Recreation Centre under the ambit of law. The centre was accused of not paying the tax to government and not providing the salary to the…

Essar-Rosneft deal not violative of sanctions: U.S.

WASHINGTON, Oct. 20: The United States does not see violation of any U.S.-EU sanctions in the recent deal between India’s Essar Oil and the Russian oil giant Rosneft, in which the Russian government has a majority stake. “I don’t think we see any violation of any U.S.-EU sanctions stemming from this…

Despite efforts, India moves up only one place on ease of doing business rankings

NEW DELHI, (INDIA), Oct. 26: India moved up only one position in the International Finance Corporation's (IFC) ease of doing business rankings, triggering a strong reaction from the Indian government which said the string of reform initiatives undertaken by it in the last one year had not been factored in by the World Bank arm. The…

Nepal eligible for MCC fund

Kathmandu, Nov. 5: Nepal has passed 16 out of 20 indicators on U.S. Millennium Challenge Corporation’s Scorecard, and thus become eligible for receiving MCC fund. The U.S. Government’s Millennium Challenge Corporation (MCC) released its fiscal year 2017 scorecards this week – a key component in the agency’s annual competitive selection…

Indian Rs. 500, Rs. 1000 currency notes to be out of circulation from midnight Tuesday

NEW DELHI, Nov. 9: Indian Five hundred and 1,000 rupee notes will cease to be legal tender from midnight on Tuesday, Prime Minister of India Narendra Modi announced in a surprise address to the nation. He said the decision was taken to root out the menace of black money and corruption.…

Pakistan won't be able to copy new notes: Intelligence agencies

NEW DELHI, Nov. 10: Intelligence agencies of India vetted the new denominations of Rs 2,000 and Rs 500 notes asserting that its security features will be next to impossible to replicate for Pakistan and organised criminal networks for some time to come.A top government official without going into the details,…


Find Us on Facebook

From Social

Tokyo (Japan), Sept. 13: A new leadership assumed responsibilities at the Non Resident Nepalese Association (NRNA), Japan on Sunday. The new office bearers took oath of office and secrecy after a long fought battle resulting from dissatisfaction from those who…

Lama led officials assume responsibility in NRNA Japan