Government unveils new budget of Rs 1.63 trillion through replacement bill

KATHMANDU: The Sher Bahadur Deuba-led government unveiled a new budget for the fiscal year 2021/22, revising the plan announced by the former government through a replacement bill, on Friday.

Finance Minister Janardan Sharma presented the budget of Rs 1.63 trillion amid sloganeering by the CPN-UML lawmakers.

The size of the budget has been reduced by Rs 16.74 billion as compared to the budget presented by the erstwhile KP Sharma Oli-led government through an ordinance.

Earlier, the  Oli-led government had presented a budget of Rs 1.64 trillion.

The Deuba-led government has announced allowances to the people suffering from chronic diseases like cancer, renal failure and HIV among others.

The government has also decided to provide Rs3, 000 a month to martyrs’ families while chronic patients will get Rs5, 000 per month.

The Deuba government has also announced that it will provide a one time payment of Rs10, 000 each for 500,000 poor households affected by the pandemic.

The government has also decided to slash the expenditures on training and fuel among other expenses to manage Rs 5 billion to buy vaccines against Covid-19.

The UML lawmakers obstructed the regular proceedings of the Parliament yet again today. The meeting was postponed for two times due to the obstruction of the UML lawmakers but Speaker Agni Prasad Sapkota continued the House business.

Soon after the meeting began, the lawmakers stood from their seats and started chanting slogans and also picketed the rostrum.

READ ALSO: 1400 road projects launched by erstwhile KP Oli-led government scrapped

 

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