Introduction - Government Budget of Nepal
A budget is an estimation of revenue and
expenses over a specified future period of time; it is compiled and
re-evaluated on a periodic basis. Among companies and organizations,
a budget is an internal tool used by management and is often not required for reporting by external parties.
Objectives of Government Budget of Nepal 2073/74
The chief destinations of the following monetary financial plan are to execute the Constitution, to lessen neediness and to speed up advancement works, as indicated by him. He additionally declared that the post-quake reproduction, hydro power, ranger service and great administration are among needs of the following spending plan.
In like manner, the legislature additionally emphasized its want to hold the nearby decisions in November-December this year. Then, as a piece of the usage of the Constitution, the legislature would respect individuals from the Constitution-composing Constituent Assembly with the Constitution Making Medal, as per Paudel. He likewise declared to pay Rs 200,000 to each of the precluded Maoist warriors, who were yet to get the remuneration; shape a board to settle criteria of saints as a piece of the peace procedure. He said Rs 140 billion has been assigned for the post-seismic tremor reproduction.
The chief destinations of the following monetary financial plan are to execute the Constitution, to lessen neediness and to speed up advancement works, as indicated by him. He additionally declared that the post-quake reproduction, hydro power, ranger service and great administration are among needs of the following spending plan.
In like manner, the legislature additionally emphasized its want to hold the nearby decisions in November-December this year. Then, as a piece of the usage of the Constitution, the legislature would respect individuals from the Constitution-composing Constituent Assembly with the Constitution Making Medal, as per Paudel. He likewise declared to pay Rs 200,000 to each of the precluded Maoist warriors, who were yet to get the remuneration; shape a board to settle criteria of saints as a piece of the peace procedure. He said Rs 140 billion has been assigned for the post-seismic tremor reproduction.
Key Prioritized Sectors
1) Hydropower
- The government also announced the ambitious plan to end load shedding within two years and generate 10,000 megawatt hydropower within 10 years.
2) Roads
- Rs 4.2 billion has been allocated for the Postal Highway.
- Rs 10 billion has been allocated for Kathmandu-Nijgadh fast track.
3) Urban development
- Each district headquarters would get Rs 500 million for urban development.
4) Agriculture
- The government would implement the Prime Minister Agriculture Modernisation Project. Rs 5.78 billion has been allocated for the project.
5) Forestry and wildlife
- Rs 630 million has been allocated for conservation of forestry.
- Rs 1.88 billion has been allocated for the Chure conservation.
6) Irrigation
- Rs 2.30 billion has been allocated for irrigation projects in Tarai districts.
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