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Nepal's new king gets annual allowance of $64,000

   Why does the king need to be given money 10-Jul-01 NNN
     This means the king of nepal will receiv 11-Jul-01 Govinda
       And what happens to the inheritance from 11-Jul-01 Tara
         He doesn't need any "allowance". He can 11-Jul-01 Nitti
           If Nepal was a corporation in the west a 11-Jul-01 Tara
             $1.3 million. It is a very nominal price 11-Jul-01 concerned
               I have no relation with Shah family. I a 11-Jul-01 dumdum
                 What's wrong with the King receiving his 12-Jul-01 EastSideBoy


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NNN Posted on 10-Jul-01 02:57 PM

Why does the king need to be given money by the government? Previously the king did not have any businesses so maybe no source of income. But the present king has numerous businesses why does he need to be paid?

KATHMANDU, July 10, Kyodo - Nepal has given an annual allowance of $64,000 to King Gyanendra who ascended the throne of the Himalayan Kingdom on June 4.
Finance Minister Ramsharan Mahat, presenting the budget for fiscal 2001-2002 to parliament Monday, proposed the allowance.

In the proposal, Queen Mother Ratna gets $32,000 and new Queen Komal $16,000 as annual state allowances.

Gyanendra's son, Prince Paras, along with five princesses will receive $4,000, while five younger royals will get $2,000 each.

Nepal's 15 royal family members will be paid from a total amount of about $1.6 million allocated under the heading of royal palace expenses that include administration, security and running of the palace secretariat.

The allocation under the heading was increased by $333,000 this year over the past year.

Nepal's previous king, queen and several other members of the royal family were gunned down by the then crown prince on June 1. The prince then killed himself.
Govinda Posted on 11-Jul-01 10:31 AM

This means the king of nepal will receive a salary equal to a teacher in an large city school in the USA. The queen will receive the salary of school secretary. The prince will receive the 1/2 of the salary required to receive public assistance from the department of public welfare. Considering that they do not have to pay rent, utilities, insurance, car payments, mortgage, or tuition fees, it seems that they are doing quite well in addition to their income from various businesses. Can,t fell sorry for them.
Tara Posted on 11-Jul-01 10:41 AM

And what happens to the inheritance from the deceased royal family? Where does it go?
Nitti Posted on 11-Jul-01 05:54 PM

He doesn't need any "allowance". He can do anything he wants to do without the need for money from poor people who don't even have two paisa in their pocket.
Tara Posted on 11-Jul-01 06:35 PM

If Nepal was a corporation in the west and if it had a department called 'palace' with people getting such an allowance with no value being added to the corporation, that department would be eliminated... We are raising elephants in the desert. How can we afford it?
concerned Posted on 11-Jul-01 10:51 PM

$1.3 million. It is a very nominal price to pay for the stability of the country. If King Gyanendra does end up succeeding in bringing peace and stability and Royal Family still remains as a symbol of unity then it is a very small price country is paying in the name of stability and peace. I say let's double it?
dumdum Posted on 11-Jul-01 11:39 PM

I have no relation with Shah family. I am personally not a fan
of them either.

But I think 64000/Yr is very good deal for Nepal,Inc. to get a
dynamic,smart and experience CEO like Gyanendra Shah. If only
strings are not attached (regarding Paras Shah).

Watch out, boys. Gyanendra will be a man who will make you cry
again when he dies.
EastSideBoy Posted on 12-Jul-01 01:42 AM

What's wrong with the King receiving his allowance from the government? Isn't he the Head of State? Doesn't he need to maintain the palace and his esteemed office for the sake of the country and people?