Surkhet, June 16: The Karnali province government has presented a budget of Rs 31. 41 billion for the financial year 2024/25.
According to the budget presented
in the Provincial Assembly on Saturday, Rs. 18.75 billion has been allocated
for capital expenditure, Rs. 250 million for fiscal management and Rs. 4.83
billion for local level fiscal transfers.
The budget for the new fiscal year
is two billion rupees less than the current fiscal year. A budget of Rs 33
billion was presented for the current year.
Minister for Finance Mahendra KC
said that the budget was introduced with the aim of realizing to the slogan of
'prosperous Karnali, happy Karnalis'.
The budget gives priority to the
physical infrastructure sector with continuation of some old programs. A budget
of Rs 1.16 billion has been allocated for the Chief Minister Employment
Program, which has been in operation since the past. The goal is to provide
partial employment to 16,000 unemployed people through the 'Poverty Alleviation
and Employment Provincial Government Responsibility' program.
A total of 1.86 billion rupees has been
allocated for the Ministry of Land Management and Agriculture. Likewise, Rs 140
million has been allocated to implement the master plan of tourist destinations
including Rara, Kankrevihar, Bulbule Park and Syapu lake.
Likewise, Rs 1.94 billion has been
allocated for the Ministry of Industry, Tourism, Forests and Environment, with
a focus on developing Karnali as a center for herbs and medicinal plants.
The Ministry of Physical
Infrastructure and Urban Development has been allocated Rs 10.46 billion for
the coming year.
According to the budget statement,
emphasis has been placed on the formulation of laws for the protection of the
languages and literature of Karnali province and the protection of art and
culture.
The Ministry of Internal Affairs
and Law has been allocated Rs 296.4 million for the coming year, while Rs 100
million has been allocated for the Chief Minister's Digital Teaching and
Learning Programme.
It is mentioned in the budget that one district, one enterprise development program will be implemented. An amount of Rs 10 million has been allocated for the infrastructure development of Manav Sewa Ashram. (RSS)