Minister for Finance Ram Sharan Mahat is presenting the budget, first full-fledged budget with new policies and programs in the last three years, before the parliament.
• 25 Megawatts solar plants in Kathmandu and encourage other solar plants
• Proceed the construction of transnational and other transmission lines with high priority
• Allocates Rs 50 million for construction of international airport in Nighgad, Bara
• Procure six aircrafts for international services and 15 aircrafts for domestic air services
• Formulate master plans for development of Pashupatinath and Lumbini
• Expand services of Radio Nepal to all 75 districts
• To lay optical fiber cables along the mid-hill highway
• To construct one library and a science lab in each high school
• Annual Rs two thousands health allowances to elderly citizen above 70 years
• Automation of Nepal Stock Exchange
• Government to assist construction of ethnic museum
•Gradual implementation of international commitments against money laundering
•Developing infrastructure for payment of taxes online
•Expand income tax exemption up to Rs200,000 for single, Rs 300,000 for married couple
• Increases salaries of government employees by 10 percent m during his briefings that the budget would be as big as Rs 618 billion.
source/photo: republica, 13 july 2014
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