Mexico provides a model with its ‘100 Public Buildings’ model managed by the national energy efficiency agency, CONAE (Comision Nacional para el Ahorro de Energía). As a country, we will benefit by using energy in a sustainable manner and become more self-reliant to face the crisis of the post-pandemic world. All this will need political will and strong support of senior government officials. Unicode Thoughtful Nepali Quote. It is important that initial policies are flexible, and the government could grant legal authority to federal, provincial, urban and rural municipalities to contract energy companies to implement efficiency of municipal buildings, street lights and other public infrastructure. It trained operators of 100 public buildings to carry out their own energy audits, then supported energy-saving  upgrades and operational measures like turning off unnecessary lights. “Cash incentive is a way of promoting exports, especially the potential and underprivileged ones. Look what’s cooking in Nepal, Anil Chitrakar. The buying power of three levels of government will transform the market for energy-efficient products. This has many benefits: reduction in greenhouse gas emissions (GHG), lessening of energy demand and import, and lower cost for households and the country. This is the average monthly salary including housing, transport, and other benefits. RMG sector to enjoy more in incentives from next fiscal. Energy efficiency means reducing energy consumption to perform the same task. While leather, the second highest export earner, earns nearly one billion US dollar per annum,” former caretaker government finance adviser AB Mirza Md Azizul Islam told Dhaka Tribune. Overview. Nepali Phrases. Variable Pay: Is There a Difference Between a Bonus and an Incentive? Contextual translation of "aggressive meaning" into Nepali. Antonyms for incentive include disincentive, deterrent, discouragement, counterincentive, dissuasion, hindrance, turn-off, block, determent and impediment. At present, apparel makers enjoys 4% cash incentives in non-traditional export markets. electric cooking, water heating, and electric cars. Typically, up to 15% of energy savings can be achieved by taking advantage of low-hanging fruit such as lighting retrofit, tune-ups, and equipment adjustments. editors@nepalitimes.com | www.nepalitimes.com | www.himalmedia.com | Tel: 01-5005601-08 Fax: +977-1-5005518 Kushal Gautam is Managing Director of Quasar Energy Consultants in Kathmandu. Saving energy is the same as building expensive new power plants. Most of the inefficiency in energy use is in public buildings, industries, and households results in lost opportunities for potential cost savings – meaning money can be better spent on more productive areas. In addition, incentive is also aimed at encouraging backward linkages and using indigenous raw materials instead of imported materials especially export-oriented readymade garment industries. All Rights Reserved. 8/C, FR Tower, Panthapath, Dhaka 1207, Bangladesh. With the new inclusion, the number of incentive-eligible categories of products stands at 35. Incent definition is - incentivize. Let’s take a top-down approach, making public buildings catalysts for energy-efficient practices and set the stage for market transformation throughout the economy. Find more words at wordhippo.com! 2A Media Limited. And up to 50% of energy can be saved by more capital intensive measures, such as equipment replacement and system redesign. In Nepali, people often address each other by an affectionate, familial nickname, such as: Diddi (older sister), dai (older brother), bai (younger brother), or bahini (younger sister). It is to be noted that such cash incentives are provided only for those exporters who do not avail the bonded warehousing facility or the duty drawback facility. Perverse incentives, by definition, are those that produce unintended negative consequences. In an effort to diversify products, the government has been providing cash incentives to promote emerging and new sectors having export potential. The sectors to enjoy such cash incentives and the respective rates to be provided are updated every year through circulars issued by the Bangladesh Bank. The central bank also has provisions for appointment of firms to conduct audits of cases of cash incentives. Film finance is a subset of project finance, meaning the film project's generated cash flows rather than external sources are used to repay investors. After realization of export money from the importer, an exporter has to apply for the cash incentive to the bank and the bank will then conduct an audit of the firm. The incentives and services are available to the Nepali citizen especially the pregnant mother and newborn Required Documents: Only the Nepali nationals are eligible for this service hence, a copy of the Nepali citizenship need to be presented to claim incentives and services under this programme. In August last year, the Bangladesh Bank in a circular included nine new export products ----pharmaceuticals, photo voltaic, motorcycles, chemical products including chlorine, hydrochloric acid, caustic soda, hydrogen peroxide, razors and razor blades, ceramics, hats,  fish - crabs and eel, galvanized sheet/coils (coated with zinc, aluminium and zinc and colour). Copyright Ⓒ 2012-2019. Learn more. As per the latest circular of BB, the eligibility for getting cash incentive on a product the local value addition has to be minimum 30% and exporters who are manufacturing products in the special economic zones would not be entitled for incentives. JUNE 30, 2017. This means per capita energy consumption will also increase from 245kWh to 700kWh in the next two years, and the Nepal Electricity Authority (NEA) wants to do this by promoting electric cooking, water heating, and electric cars. conference definition: 1. an event, sometimes lasting a few days, at which there is a group of talks on a particular…. Salaries vary … See more. In an effort to diversify products, the government has been providing cash incentives to promote emerging and new sectors having export potential. The Alternative Energy Promotion Center (AEPC) has taken steps for energy efficiency in a few public institutions and engaged the private sector through consulting assignments. Cash incentives are given to selected export sectors in order to encourage exports in accordance with the export-led economic growth strategy of the country. These plans can also leverage co-benefits not just with cost savings, but also greenhouse gas emission reduction, improved comfort, health, and job creation. For the outgoing fiscal year, the government kept an allocation of Tk4,000 crore as cash incentives for the export-oriented sector. Bonuses and Incentives 56 . However, four cities or states offer incentives specifically to move and work remotely. Synonym Discussion of incentive. Read also: The cost of light, Om Astha Rai. About English Nepali Dictionary (Beta) EnglishNepaliDictionary.com is a FREE online dictionary to quickly search Nepali meanings of English words. Government bodies can be made to pay their energy bills which will force them to reduce energy loss and be more efficient. Publisher and Chief Editor: Kunda Dixit Nepal’s export performance seems unable to meet the expectation of the policy makers for a long time now, and government is trying to adopt many policies and strategies to correct the scenario. Show English Meaning (+) Verb (1) put in motion or move to act (2) give an incentive for action. A new energy mix for a New Nepal, Suraj Pandey. Learn more. Define energy efficiency standards in building codes and electrical appliances, Train staff in energy efficiency practices, Benchmark and set an action plan for public buildings, Rise in poverty due to COVID-19 to affect children, An electric shock to Nepal’s energy future, PRESIDENTIAL STATEMENT: President Bidya Devi Bhandari steps out of her…, Capacity and WillpowerThere are immense opportunities waiting for investment to…, Nepal’s electric transport future is here, RENEWABLE TRANSPORT: Symbolic gestures like President Bidya Devi Bhandari using…, imported 37% of electricity from coal-fired plants in India, Set quantifiable targets for energy audits, Partner with the private sector to develop human skillsets. As part of the initiative, we have announced the provision of 10% cash incentives for nine new products,” former Commerce Minister Tofail Ahmed told Dhaka Tribune. Find more similar words at wordhippo.com! Nepali definition, an Indic language spoken in Nepal. Find more Malay words at wordhippo.com! Synonyms for give incentive include influence, motivate, encourage, spark, spur, stimulate, provoke, activate, drive and excite. Biden rolls back Trump policies on Muslims, wall, climate and health, 20 Bangladeshi fishermen picked up by Myanmar Navy from Bay of Bengal, Real dumped out of Copa del Rey by third-tier Alcoyano, The MD of an NBFI PK Halder bled dry resigns abruptly, OP-ED: All those men in the shadow of disgrace, OP-ED: Lessons for America in the post-Trump era, Please read our Comment Policy before posting. Show Examples (+) (1) Levers can incorporate interlocks, requiring the user to actuate a release mechanism before he or she can move the lever. incentive meaning: 1. something that encourages a person to do something: 2. something that encourages a person to do…. See more. Mustering the energy to save, Anil Chitrakar. After the audit, the firm will place a certificate to a branch of the bank and the branch will forward it to the bank's head office. Similarly, 20-30% energy savings can be achieved with tighter control, equipment upgradation and optimisation. PAYMENT FOR ECOSYSTEM SERVICES IN NEPAL 5, Legislative and Institutional ArrangementsPolicy 5 PES Mechanism, Practices and Lessons 6 Opportunities and Challenges 9. Learn more. Incentives: Nepali Meaning: प्रोत्साहन a thing that motivates or encourages one to do something., Usage ⇒ there is no incentive for customers to conserve water : Synonyms: Antonyms Overview 11 Guiding Principles 11 Operational Framework 12 2. Department of Information Registration No. Even though the COVID-19 lockdown has reduced demand,  and Nepal has a surplus this rainy season, last year it imported 37% of electricity from coal-fired plants in India  Nepal is set to add another 1,300MW of generation capacity in the coming fiscal year. The products will get 10% cash incentives against their export receipts. Some incentive programs explicitly state that you have to work for a local company. Salaries range from 20,400 NPR (lowest average) to 360,000 NPR (highest average, actual maximum salary is higher).. The Dhaka topi was a part of the Nepalese national dress, and a symbol of Nepalese nationality. CONAE achieved a 21% reduction in electricity consumption with payback periods of 17 months. Meanwhile, the value addition for the apparel sector is 20% for getting incentives. Rebate definition, a return of part of the original payment for some service or merchandise; partial refund. It sets the goal to double the average improvement rate of energy efficiency in Nepal from 0.84% per year (achieved between 2000 to 2015) to 1.68% per year by 2030. Bonus/Incentives. Bonuses and Incentives 56 . Published by Himalmedia Pvt Ltd | Patan Dhoka, Lalitpur | GPO Box 7251 Kathmandu The first schedule of the MEIS consisting of the definition of the country groups and the incentives on the 8-digit product lines was published along with the Foreign Trade Policy 2015-20 in April, 2015. Nepal is one destination that will fire up the imagination of your delegates. Rewarding government bodies that have successfully adopted energy efficiency policies by providing incentives, recognition, allowing them to retain some of their cost savings can help facilitate the transition. In the proposed budget for the FY20, the government proposed 1% cash incentive against exports of apparel goods to traditional export destinations and allocated Tk2,825 crore for this. Compensation Today. You will also find phonetic transcription along with a rough English translation. MORE THAN LUCK: Better planning would mean Nepal could cut LPG imports by giving incentives to Nepalis to use domestically produced hydropower for cooking. This means per […] To encourage product diversification, a cash incentive is a tool to help manufacturers remain competitive in the global market, said Islam. That doesn’t mean remote workers can’t take advantage of these programs, but make sure you read the fine print. A person working in Nepal typically earns around 80,700 NPR per month. incentive definition: 1. something that encourages a person to do something: 2. something that encourages a person to do…. Photo: MANISH PAUDEL epal is on a trajectory to guarantee 100% electricity access in the next seven years by increasing generation capacity to 5,000MW from new hydropower plants. However, any  energy efficiency strategy must have measurable goals and metrics with a specified timetable. Often times one of these nicknames will be used after a name to add respect and formality. The Malay for incentive is galakan. The lines are also presented with cool graphics that go well in social media. How cash incentives is disbursed. Meeting Incentive-Holidays Convention Event - MICE Tourism Nepal. Shabdakosh - English to Nepali bilingual free online dictionary with English Nepali translation, English Nepali word meanings, definitions, synonyms and antonyms in Nepali and English. In addition, it provides the fiscal incentives to large industrial sectors like the apparel industry. 3. He said businesses would be interested to invest more in the newly included sector as the incentive works as a booster. 1170/2075-76 In 2019, the government prepared a National Energy Efficiency Strategy that recognises the importance of energy efficiency to achieve sustainable development goals (SDG) by 2030. 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