Bharatpur Metropolitan City Presents Budget of NPR 5.51 Billion for Upcoming Fiscal Year
Chitwan. Bharatpur Metropolitan City has presented a budget of Rs 5.51 billion 70 lakh 23 thousand for the upcoming fiscal year.
Acting Mayor Chitra Sen Adhikari presented the budget of Rs 5.51 billion 70 lakh 23 thousand for the upcoming fiscal year at the 19th municipal assembly of Bharatpur Metropolitan City held on Monday.
Bharatpur Metropolitan City has presented a budget that is Rs 29 crore higher than the current fiscal year. Bharatpur has been implementing a budget of Rs 5.22 billion for the current fiscal year.
Acting Mayor Adhikari stated that Rs 2.17 billion 73 lakh is estimated to be received from internal income for expenditure of the budget presented in the municipal assembly. He mentioned that capital expenditure was low in the current fiscal year. He attributed the slowdown in development construction to damages during the Genji movement, the House of Representatives elections, and the price increase of fuel due to the Iran-US war.
According to him, the revenue collection of Bharatpur Metropolitan City is slightly below the target. He stated that while Bharatpur had set a target of collecting Rs 1.80 billion in revenue from internal income in the current fiscal year, only Rs 1.25 billion 67 lakh has been collected by Jestha.
Bharatpur Metropolitan City has advanced programs such as establishing a GIS-based information system and a waste processing center on a PPP model (Public-Private Partnership) for the upcoming fiscal year, and has allocated a budget of Rs 14 crore for the construction of the under-construction cricket stadium in Rampur.
The program to build a mesh net with a foundation to fence wild animals in settlements adjacent to the national park will be continued, an Ayurvedic hospital with 100 beds will be built in Ward 15, and the work of making Bharatpur a cycle lane has been prioritized.
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