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Delay in PHPA-II commissioning to stall economic growth for 2024

Delay in PHPA-II commissioning to stall economic growth for 2024

Delays in fully commissioning the Punatsangchhu-II hydropower project are expected to affect economic growth in 2024. The country’s economy is now projected to grow by five per cent this year, over one percentage point lower than earlier estimates. The finance ministry, in its latest macroeconomic situation report, said that the downward revision was mainly due to the PHPA-II commissioning delay...

National Senior Citizen Policy nears finalisation, action plan proposes state pension for elderly citizens

National Senior Citizen Policy nears finalisation, action plan proposes state pension for elderly citizens

With the country’s elderly population projected to double by 2047, concerns about age-friendly infrastructure, accessible healthcare, and public services have become pressing issues. Two months ago, the Cabinet Secretariat organised a multi-sectoral workshop supported by the United Nations Population Fund to develop action plans for Senior Citizen Policy. To garner support, the Royal Society for Senior Citizens conducted a high-level...

Four + one model to raise funds for Gelephu Mindfulness City

Four + one model to raise funds for Gelephu Mindfulness City

The Gelephu Mindfulness City must prioritise financially viable and bankable projects to secure investments. According to its Board Director, Yee Ean Pang, mobilising funds is crucial to realising the vision of Gelephu as a business hub. Speaking at a recent forum in the capital, the board director said that the city would adopt a “four-plus-one” funding model to attract investments....

Feral dog attacks threaten sheep rearing in Sakteng Gewog

Feral dog attacks threaten sheep rearing in Sakteng Gewog

Sheep-rearing, once a key livelihood for the people of  Sakteng Gewog in Trashigang, is gradually declining. Today, only 40 households rear sheep for wool to weave their traditional dresses. However, feral dogs are posing a significant threat. The dogs kill 30 to 40 sheep each year, further discouraging the rearing practice. The feral dogs hide in bushes and along the...

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