Submit your Article

The government has allocated Rs 197 billion for the Ministry of Education, Science and Technology for the fiscal year 2023/24. Presenting the budget for the upcoming fiscal year, Minister for Finance Dr Prakash Saran Mahat made such an announcement. In the current fiscal year, the government has allocated Rs 70.05 billion for education in the federal level, Rs 5.32 billion in the province level and Rs 121 billion in the local level. Likewise, the government has announced to run a Milk Bank for infants. Finance Minister Dr Mahat said that the Milk Bank would be run at the Paropakar Maternity and Women's Hospital in Thapathali, Kathmandu. Likewise, Minister Mahat said that budget has been arranged for the infrastructure development and equipment purchase for BP Koirala Cancer Hospital, GP Koirala National Respiratory Treatment Centre, Sushil Koirala Cancer Hospital, Manmohan Cardiothoracic Vascular and Transplant Centre, Suresh Wagle Memorial Cancer Centre, Ramraja Prasad Singh Health Science Academy and Bhaktapur Cancer Hospital.

The government has decided to carry out a feasibility study of cannabis farming for medicinal use. Finance Minister Prakash Saran Mahat said so while presenting the budget in a joint session of the federal Parliament today. On the occasion, he said that funds have been allocated to carry out the feasibility of cannabis farming for medical purposes.    

The government has allocated Rs 15.56 billion for the forest and environment sector. Presenting the budget for the fiscal year 2023/24 in a joint session of the federal Parliament on Monday, Finance Minister Prakash Saran Mahat said that environmental balance would be maintained through the management of forest, biological diversity and watershed management. Minister Mahat announced to ensure sustainable utilization of forest resources and enterprise development to ensure its contribution to the national economy. Likewise, conservation areas and community forest would be developed as eco-tourism destinations, the finance minister said. Furthermore, the Chure Conservation Master Plan would be implemented with the participation of federal, province and local levels through the President Chure Conservation Program.  

The government has announced to scrap all the perks and incentives of civil servants from the fiscal year 2023/24. Finance Minister Prakash Saran Mahat said so while presenting the budget in a joint session of the federal Parliament. Likewise, Minister Mahat announced the dissolution of 20 different boards and development committees as per the recommendation of the Public Expenditure Review Commission 2075 BS. Likewise, state-owned institutions having similar areas of scope would be merged and adjusted at the province level, Dr Mahat added. The finance minister said that the public procurement system will be simplified, e-tender will be prioritized and integrated monitoring systems will be made effective.