The cabinet, chaired by Minister Jagdish Kharel on Monday, approved a decision allowing Nepali and Indian citizens to carry Indian currency notes of INR 200 and 500 denominations up to a limit of Rs 25,000. The move relaxes earlier restrictions and is expected to ease cross-border travel and trade. The meeting also endorsed the removal of postal stamps for revenue purposes, accepted a USD 100 million loan from the Asian Development Bank, appointed Dr. Prakash Kumar Shrestha as Vice Chairman of the National Planning Commission, and formed a political dialogue committee under Anil Kumar Sinha.
