Radio Nepal in financial crisis, to close down ?

Exceprt from a report published in "Republica".....

Quoting senior officials of public broadcaster Radio Nepal, Minister Gupta said that the broadcaster is likely to shut down operations within a year because of financial crisis unless the Ministry of Finance allocates additional budget. At present, Radio Nepal is incurring a loss of Rs 40 million annually. Senior officials at Radio Nepal met the minister on Tuesday. Meanwhile, after failing to get salary for last two months, Radio Nepal employees submitted a memorandum to MoIC and the Development Committee asking for assistance. "There is no immediate income-generating source and financial situation of the oldest broadcaster is getting worse by the day," he said. Secretary of MoIC Shreedhar Gautam said he has written to MoF a few months back seeking assistance for Radio Nepal but has not heard from the ministry.

Source :
http://www.myrepublica.com/portal/index.php?action=news_details&news_id=39591

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Govt to support state-owned corporations: SM Limbu

Speaking on the occasion of the second convention of the Nepal National Workers' Organization, Radio Nepal chapter, here today, he urged all to help in constitution writing process, stating that the new constitution would ensure jobs for all. Limbu said the past management teams of the Radio Nepal are to blame for economic crisis of the state-owned radio station and added the government would support the employees of the Radio Nepal by reviewing overall aspects of the institution. Deputy Executive Director of Radio Nepal, Ramesh Jung Karki, chairman of Corporation National Committee Gopal Singh Dhami, Organisation's chief Mahesh Ghimire, among others, expressed views on professional security of the workers.

Source :
http://www.thehimalayantimes.com/fullNews.php?headline=Govt+to+support+state-owned+corporations%3A+SM+Limbu+&NewsID=312697