News in 2013 
	   
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				Nepal Institution of chartered surveyors 
				 Fifth Annual General Meeting
				4 October 2013
				Fifth Annual General Meeting of Nepal Institution of 
	Chartered Surveyors (NICS) was organized on 4 October 2013 at Survey 
	Department (SD) Geodetic Hall. Members of NICS and other dignitaries, 
	including Nagendra Jha- Director General of Survey Department, Rabin Kaji 
	Sharma- Former Director General of Survey Department and President of Nepal 
	Remote Sensing and Photogrammetric Society (NRSPS), Saroj Chalise- General 
	Secretary of Nepal Surveyors Association (NSA), Kalyan Gopal Shrestha- 
	Executive Director of Land Management Training Center (LMTC), Hridaya 
	Narayan Mishra- Deputy Director General of SD and other Survey Department 
	Officers were present at the function. The meeting was chaired by Buddhi 
	Narayan Shrestha- President of NICS and Former Director General of Survey 
	Department. Shambhu Gyawali- Executive Member of NICS conducted the program 
	as master of ceremony.
  
				
				
				 
				  
				At the beginning of the program, Punya Prasad Oli- Vice 
	President of NICS and Former Director General of Survey Department welcomed 
	all the members and invitees and participants on behalf of NICS and his own. 
	He expressed, surveying and mapping are necessary for the design, 
	implementation and execution of economic development projects in Nepal. 
	Survey professionals have to maintain the standard of mapping according to 
	the national specification.Mahendra Sigdel- General Secretary of NICS 
	presented the progress report of work done during the last year and program 
	for the coming year. He explained the activities carried out by the NICS 
	such as; it was conducted the seven weeks Real Estate Valuation Training 
	Program in collaboration with the Purbanchal University for 23 participants. 
	NICS has established a prize (with the support of Punya Prasad Oli) 
	concerning the contest on the designing of specification of Digital 
	Cadastre. 
				
				 
				  
				The NICS Executive authorities have discussed with the 
	Governor of Nepal Rastra (Central) Bank, President of Bankers Association, 
	Citizen Bank, Nepal Rastriya Banijya Bank concerning to provide the work of 
	the property valuation to the NICS and its members. It was discussed that if 
	the valuation work is provided to NICS, it should have been realistic 
	valuation. As a result, the commercial banks should not bear losses while 
	providing credit and loan to the housing companies and land developers, if 
	the property would have been evaluated through the NICS. Governor of Rastra 
	Bank and Bankers Association President assured that they will process for 
	the enactment. On the other hand many meetings have been conducted with the 
	Director General and officials of Survey Department to make process to amend 
	some of the Articles and sections of the Land (Survey & measurement) 
	Regulations, 2058 to enact the work of Chartered Surveyors, also for the 
	valuation of real estate property. He also informed that website of the 
	Institution has been launched. 
				
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				4 October 2013 
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