BBSCL

In its latest report, the Royal Audit Authority revealed several audit issues concerning the laying of Granular Sub-Base (GSB) on farm roads. These include the rapid appearance of potholes, erosion, and GSB washouts shortly after project completion. The report also highlighted the use of improperly graded GSB materials and inadequate compaction. The authority stated that such practices compromise road durability...

A case of misappropriation of funds involving the Zambala Farmers Group, a Milk Processing Unit in Pema Gatshel is now in Nganglam Dungkhag court. The group’s former employees are accused of misusing sale proceeds of nearly Nu 5 M. They had allegedly made unsubstantiated expenditures and provided a loan, which remained unpaid.  The farmer group filed the case after the...

Non-performing loans or NPLs with the financial institutions surged to a staggering more than Nu 8bn by October this year. This is a jump of over Nu 1.16bn in just a year. Of the sectors, trade & commerce tops the list while the forestry and logging sector saw a sharp decline. Any loans that are overdue by 91 days or...

Farmers of six gewogs in Dagana have become self-sufficient. Thanks to the support from the Food Security and Agriculture Productivity Project for the last five years. The project supplied farmers with tools, machinery, and materials to increase productivity and income. The five-year project in the district concludes this month. The sound of portable power tillers now fills the fields in...