Wednesday, 23 November 2016

Nepal Cancels $1 Billion Indian Fast Track Road Project

Posted by Anup Baral Nov 23, 2016 :
In a surprise move, Nepal cancelled all agreements with India's Infrastructure Leasing & Financial Services Ltd on Sunday for construction of a fast track road linking Kathmandu to the southern Terai region. The Nepal government and IL & FS had signed an agreement in March earlier this year to prepare the detailed project report (DPR) for the $1 billion road project. At a meeting of the Development and Finance Committees of the Legislature-Parliament, Nepal's Minister for Physical Planning and Infrastructure Development Ramesh Lekhak announced that all deals signed with IL & FS were no longer valid and all public announcements made by the Nepal government to develop the project were also cancelled. The Nepal government has listed it as a national pride project and tabled a proposal for constructing the 76-km road with its own investment, he said. Lekhak said, "Now all bodies concerned should make decisions standing together in course of taking the nation's pride project ahead."

Guide of the month: January 2018

Traveling gives us the opportunity to disconnect from our regular life. You get to forget your problems/issues for a few weeks, it can also help you figure things out that you would not have understood without the distance traveling can give you. We all have crazy schedules, work and a family to take care of, going away alone or with some friends can give you distance and perhaps even make you realize how important these people are for you. Like the saying says: we never know what we have until we lose it.

Another great benefit is the relaxation you get to do. It’s nice to live life to its fullest and enjoy a stress free time with yourself. Going on vacation lets us recharge our “batteries” by disconnecting us from our regular life. When we come back we feel invigorated and we are happy to be back in our day to day routine. It’s a very good stress remover that has a lot more to give than most people are willing to accept.

Traveling increases our knowledge and widens our perspective. To view new customs, different ways of living is fantastic for the mind. It gives us a new perspective about life and especially our life, it can help us change some of our habits or even create new ones. When I travel I usually make it a point to try new food, some cultures don’t have fries in their diet and they are all skinny, others use spices to give taste and not oils or fats. Discovering different values and ways to get by in life is really interesting. You also need to visit exotic new places and discover what this wonderful world has to offer.