Nepal has signed a USD 1.3 billion deal with India, to develop a 679-megawatt Lower Arun Hydropower project, located between Sankhuwasabha and Bhojpur districts in eastern Nepal.
The Central Government has approved a hike in the Dearness Allowance for the Central Government employees and the Dearness Relief for pensioners from 17% to 28% with effect from July 1, 2021.