Stock Market in Nepal: A guide to Beginners

As there are very low investment opportunities in Nepal for small individual investors, Share market is one of the best and reliable sector to invest with a small amount. At first you can begin with applying for IPO( Initial Public offering) which will be issued at Rs100 per share and you need just Rs1000 for applying minimum of 10 units. To trade the shares allotted from the IPO offerings and buy other shares in secondary market you need to have trading account with one of the brokers and trade the shares listed in NEPSE on working days from 11 AM-3 PM. 

To apply for IPO you need following.

1. Bank account with available balance for IPO application.

2. DMAT account from Bank or Capital to apply for IPO openings. DMAT account is the account where the shares you own are stored. Its like a bank account which stores your money. The same bank which you have a bank account provides this facility or you can visit any other Bank/Capital or Share Brokers also.

3 Meroshare account for online access to your DMAT account. Its like using mobile banking for your bank account.

To Trade in Secondary Market you need following

1. Trading Account from the Share Broker Companies of NEPSE.

You can get information about Nepal Stock Exchange (NEPSE) in various websites, some top websites are. Merolagani, ShareSansar, Nepse Alpha Smart Wealth Pro. Also there are various mobile applications of these platforms also.

Blogger: Write, Monetize and Earn

Blogger is the google service  that helps to publish articles and blogs in the BlogSpot page. If you are passionate about writing then you can start your own blog. Create your own unique contents and earn from your writing.

Visit Blogger and Sign Up with your google account. 

Create a name and address for your BlogSpot page. Now your Home Page looks like this

Click on New Post to write a article. Write the Title and your content below.

Click on Posts to view list of you posts.

Click on Stats the statistics of your page.

Click on Earnings tab and connect to your AdSense account.

Once your page is approved by the AdSense for Monetization, you can earn from your page views.

Enjoy Blogging!!

Ajaymerukot (अजयमेरु कोट), Ajaymeru Rural Municipality, Dadeldhura.

 Ajaymerukot was one of the capital of Doti kingdom. It was established by King Nagi Malla in the 13th century. The ruins of the palace is located in Ajaymeru Rural Municipality, Ward No-2 which about 10 km away from Dadeldhhura bazaar.

The kot is currently under reconstruction. You can see the current scenario of the Kot under construction in the youtube video in our channel @hamrohimalpahadterai

#Ajaymerukot #dadeldhura #nepal #ajaymeru

Budget 2082/83: Key Highlihgts

The budget estimation for 2082/83 has been announced by the Government. The key highlights of the budget are mentioned below. As regular, the budget fails to minimize the recurrent expenditure with stress on sources.

There is a need of Reforms to reduce Nepal's current government expenditure! but again the government fails.

Nepal's current government and parliamentary structure appear to be quite expensive and extensive. To align with the spirit of the constitution and to strengthen federalism while maximizing efficiency, some adjustments to the central government and parliament seem essential so a special department/committe to restructure the size of federal government and cut off the expenditure rapidly.

Total Budget

NPR 1,964.11 billion

Expenditure Breakdown

Revenue and Financing Sources

Fiscal Transfers to Provincial and Local Governments

Daraz Affiliate Program : A income way for digital marketers.

Daraz is one of the largest online market palace of Nepal with great popularity today. It has affiliate program for digital marketers. This program provides certain commission (2-10%) on various items on purchase of the items through the marketers affiliate links. So you can sign up for the affiliate program of the Daraz and start earning now.

Sign up into the affiliate program and start earning now.

Here are the Steps to sign up for the Daraz Affiliate Program and share the affiliate links.

1. Log into your Daraz account in your mobile app or web browser.

2. Go to My Account and then My affiliates as shown below.

3. Provide the required details and Sign up for the Daraz Affiliate Program.

4. After signing up you will get list of items with the commission amount.

5. Select the item you want to promote and you will get the share link option on right side below item name as shown below.

6. Share the link of the product to your friends and followers.  Include the link in your blog, websites, YouTube channel and other platforms.

7. You can see the performance of your links and estimated earnings in the report section of the Daraz Affiliate Program.

National Assembly: The hoax of expert and Inclusive members.

National Assembly also known as Rastriya Sabha (राष्ट्रिय शभा) is one of the two houses of The Parliament of Nepal. Currently, the national assembly consists of 59 members along with the chairperson who have tenure of 6 years with every 1/3 members retiring on 2 years cycles.

The purpose of the National assembly is to include experts and professionals form each and every field insuring inclusiveness in law making process since the members elected in Lower House of the parliament may lack representatives from all kind of subject-matter experts as they come form the main stream politics only. So, National Assembly is like a oversight over the Lower House during Law making process. 

But as per the current scenario, the theme of expert and inclusiveness of the National Assembly seems hoax. The members nominated in the national assembly currently are the ones who lost the election of lower house, or the ones who didn't get chance in other areas are sent by parties to balance their politicians. So, the current National Assembly has been like the old age home consisting of aged leaders and politicians form various parties just as power balance within their parties. So, there is need in rapid reform of this nature of the National Assembly.

To address this National Assembly should be formed, including experts with a minimum educational qualification or at least 8-10 years of professional experience, ensuring inclusive representation.  Lower house being 77 members representing each district, the national assembly can be 23 members making total legislatures 100.

Additionally, to reduce the number of VIP positions, the Chairperson of the National Assembly can serve as the Vice President who is functional just in case of absence of President as the head of state.

Federal Government: The enormous size delaying the federalism.

The Constitution of Nepal. 2072, has clearly listed the power and scope of the three governments; federal, province and local governments and the power sharing between them. Despite the allocation of works of each government, the failure to formulate laws by the federal legislature has created a big dispute between the power exercise between these three governments which has raised question over the efficiency of province and local governments.  

Currently, there are 22 ministries in the federal government which are still exercising the powers allocated to province and local governments. 

S.N	Ministry	नेपालीमा
1	Office of the Prime Minister and Council of Ministers	प्रधानमन्त्री तथा मन्त्रिपरिषदको कार्यालय
2	Ministry of Defence	रक्षा मन्त्रलय
3	Ministry of Home Affairs	गृह मन्त्रलय
4	Ministry of Agriculture and Livestock Development	कृषि तथा पशुपंक्षी विकास मन्त्रालय
5	Ministry of Law, Justice and Parliamentary Affairs	कानुन, न्याय तथा संसदीय मामिला मन्त्रालय
6	Ministry of Education, Science and Technology	शिक्षा, विज्ञान तथा प्रविधि मन्त्रलय
7	Ministry of Labor, Employment and Social Security	श्रम, रोजगार तथा सामाजिक सुरक्षा मन्त्रलय
8	Ministry of Finance	अर्थ मन्त्रलय
9	Ministry of Water Supply	खानेपानी मन्त्रलय
10	Ministry of Energy, Water Resources and Irrigation	ऊर्जा, जलस्रोत तथा सिँचाई मन्त्रलय
11	Ministry of Foreign Affairs	परराष्ट्र मन्त्रलय
12	Ministry of Communication and Information Technology	सञ्‍चार तथा सूचना प्रविधि मन्त्रलय
13	Ministry of Health and Population	स्वास्थ्य तथा जनसङ्‌ख्या मन्त्रलय
14	Ministry of Culture, Tourism and Civil Aviation	संस्कृति, पर्यटन तथा नागरिक उड्डयन मन्त्रलय
15	Ministry of Physical Infrastructure and Transport	भौतिक पूर्वाधार तथा यातायात मन्त्रलय
16	Ministry of Land Management, Cooperatives and Poverty Alleviation	भूमि व्यवस्था, सहकारी तथा गरिबी निवारण मन्त्रलय
17	Ministry of Industry, Commerce and Supplies	उद्योग, वाणिज्य तथा आपूर्ति मन्त्रलय
18	Ministry of Urban Development	सहरी विकास मन्त्रलय
19	Ministry of Youth and Sports	युवा तथा खेलकुद मन्त्रलय
20	Ministry of Women, Children and Senior Citizens	महिला, बालबालिका तथा ज्येष्ठ नागरिक मन्त्रलय
21	Ministry of Forests and Environment	वन तथा वातावरण मन्त्रलय
22	Ministry of Federal Affairs and General Administration	सङ्घीय मामिला तथा सामान्य प्रशासन मन्त्रालय

There is need of massive reduction in the federal ministries and their scope of work by releasing respective works to province and local governments. About 14 ministries in federal government are sufficient to address the federal powers.  

The current lower house parliament consists of 275 members. As parliament members role is to formulate policies not meant to develop infrastructure. One representative per district is enough. So, 77 parliament members representing each district is enough for parliament. The national assembly or the Rastriya Sabha consists of 59 members. It can be restructured to include experts from various fields that cannot be represented in the parliament with 23 members making total size of legislature 100 only which will drastically cut off current size of 334.