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ECONOMY

Nepalgunj Sub-Metropolitan City meets 54 percent of revenue target in first half of current FY

BANKE, Jan 15: The Nepalgunj Sub-Metropolitan City has achieved 54 percent of its annual revenue collection target in the first half of the current fiscal year (FY) 2023/24.
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BANKE, Jan 15: The Nepalgunj Sub-Metropolitan City has achieved 54 percent of its annual revenue collection target in the first half of the current fiscal year (FY) 2023/24.


The local government in Lumbini Province had set a target of collecting internal revenue amounting to Rs 190 million for the fiscal year. As of now, the sub-metropolis has collected Rs 102.07 million.


The local authorities shared this information during the 14th Convention of the Sub-metropolis Municipal Assembly, which concluded on Saturday.


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Mayor Prashant Bista presented various agendas during the event, seeking approval for current fiscal year’s plans, budget transfer, additional projects under the Prime Minister's Employment Programme, public-private partnership for waste management, and regulations for tobacco products in the town.


All proposed agendas were unanimously passed during the convention, according to Chief Administrative Officer Om Bahadur Khadka.


 The event was attended by ward chairs of all 23 wards, municipal executive assembly members, and local government employees. 


According to the deputy mayor, the sub-metropolis has made financial progress of 32.7 percent towards recurrent expenditure, 13.42 percent towards capital expenditure and 43.81 per cent towards financial management. 


Among other works mentioned in the progress report include: design and implementation of local curriculum, promotion of IT-friendly teaching and learning, campaign for the sustainability of the sub-metropolis as a child marriage-free sub-metropolis, monitoring of cooperatives, market monitoring, distribution of social security allowances through the EFT and the operation of the weekly evening-time Maha Aarati rituals at Bageshwari Temple premises with support from the sub-metropolis.   


Also included in the progress report are activities like the regular cleaning of the main roads in the city, the management of medical waste in an effective manner, conduction of various disaster prevention drills at ward number 3 and 7,  retrofitting of the vulnerable physical infrastructures and the formulation of several guidelines and policies related to public service.


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