Government Unveils Budget of NPR 21 Trillion 24 Billion 340 Million for Fiscal Year 2083/084

Kathmandu. The government has unveiled a budget of a total of NPR 21 kharba 24 arba 34 crore for the upcoming fiscal year 2083/084. The annual budget for fiscal year 2083/084, presented by Finance Minister Swarnim Wagle in the Federal Parliament on Friday, has allocated 59.8 percent for recurrent expenditure, 20.3 percent for capital expenditure, and 19.9 percent for financial व्यवस्था. The government has set a target of collecting NPR 14 kharba 5 arba from internal revenue, with the remaining sources to be covered by foreign grants, loans, and internal loans. Through the budget, to boost the morale of civil servants, a 10 percent salary increase has been implemented at the starting scale, along with an additional 10 percent performance-based incentive allowance. With this, the minimum salary of employees will be maintained from NPR 40 thousand to above 1 lakh rupees. Allocating NPR 1 kharba 20 arba for social security, the government has provided nutrition allowance to Dalit children. Similarly, a 'Blue Bus' will be operated for the convenience of women, and the night allowance for nursing staff has been doubled. For infrastructure development, NPR 17 arba 64 crore has been allocated for the Kathmandu-Terai Fast Track, and customs duty on electric vehicles will now be levied based on price rather than capacity. In the education sector, NPR 2 kharba 18 arba has been allocated, and in health, Nepal Drug Limited has been tasked with producing 25 types of medicines. For administrative reforms, the concept of 18 ministries will be strictly implemented, and the budget has also decided to close Nepali embassies in Denmark, Brazil, and South Africa. For the development of sports, 5 cricket stadiums will be constructed within 5 years, and a lottery program will be operated for those sending remittances, making this budget special with such innovative programs. Budget Full Text: