FY 2024/25 Budget: Year for Investment on Women

Published On: May 28, 2024 08:05 PM NPT By: Republica  | @RepublicaNepal

KATHMANDU, May 28: The government has announced that the next fiscal year will be implemented as the 'Year for Investment in Women'. This was announced in the budget estimates for the fiscal year 2024/25 presented by Finance Minister Barsha Man Pun in the joint meeting of both the houses of the Federal Parliament on Tuesday. 

It may be noted that the International Women's Day this year was observed under the slogan, “Invest in women: Accelerate progress”. 

The government is celebrating the 'Year for Investment in Women'as a campaign against violence against women. 'Koseli Ghar' or gift stores with local products will also be established to promote women entrepreneurs, the finance minister said. 

Meanwhile, the government has allocated Rs 100 million for the 'Prime Minister's Daughter Programme'. The 'Yuwa Mahila Rashtriya Mahila' program will continue from the previous year. An amount of Rs 1.6 billion has been allocated for the Ministry of Women, Children and Senior Citizens.

According to the budget statement, a sales center will be established in Chobhar for the commercial promotion of products produced by women.

The President's Women Upliftment Program to rescue pregnant women and new mothers from remote areas will get continuity. Similarly, the President's Entrepreneurship Award will be announced for women empowerment while women's participation in sports will be increased, the budget statement reads.  


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