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ECONOMY

Major highlights of substitution budget introduced by Finance Minister Sharma

KATHMANDU, Sept 10: The government has introduced substitution budget for the ongoing fiscal year 2021/22. Finance Minister unveiled the new budget of Rs 1.63 trillion in parliament amid protests of the lawmakers belonging to the main opposition party, CPN-UML, on Friday. Here are the major highlights of the substitution budget.
By Republica

KATHMANDU, Sept 10: The government has introduced substitution budget for the ongoing fiscal year 2021/22. Finance Minister unveiled the new budget of Rs 1.63 trillion in parliament amid protests of the lawmakers belonging to the main opposition party, CPN-UML, on Friday.


Here are the major highlights of the substitution budget:


 


Rs 5,000 a month to those suffering from cancer and paralysis to buy medicine


 


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Rs 3,000 a month livelihood allowance to the family of those killed in the course of political struggle


 


Rs 10,000 each to be provided to 500,000 families badly affected by the COVID-19 by next month


 


Run affordable canteens at least in 10 places in Kathmandu Valley to provide food to poor and destitute people in partnership with various philanthropic organizations.


 


Expedite works to repair damaged infrastructures of Melamchi Drinking Water Project and resume supply of water to Kathmandu Valley by mid-May, 2022.


 


Provide public welfare advertisement to online media as well.


 


Continue with relief programs provided to COVID-19 hit businesses with allocation of additional budgets.

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