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Total Budget
|
NPR 1647.57B
|
|
Comparision with previous FY
|
11.73% higher
|
|
Announcement By
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Finance Minister Bishnu P. Paudel
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Announcement On
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Jestha 15, 2078 (29 May 2021)
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Recurrent Expenditure
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NPR 678.61B (41.2%)
|
|
Fiscal Transfer
|
NPR 386.71B (23.5%)
|
|
Capital Expenditure
|
NPR 347.26B (22.7%)
|
|
Financial Management
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NPR 207.97B (12.6%)
|
|
Revenue
|
1024.90
|
|
Foreign Borrowing
|
309.29
|
|
Domestic Borrowing
|
250.00
|
|
Foreign Grant
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63.37
|
|
General Public Service
|
484.05
|
|
Economic Affairs
|
442.09
|
|
Social Protection
|
189.90
|
|
Education
|
180.04
|
|
Health
|
141.55
|
|
Housing
|
80.47
|
|
Safety
|
58.08
|
|
Defence
|
52.11
|
|
Environment Protection
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12.58
|
|
Recreation, culture and religion
|
6.70
|
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Startups are poised to get a tax waiver for the next 5 years
|
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A refinancing stimulus of NPR 13 billion will be delivered by the government
|
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Electricity customers, who consume less than 20 units, stand to get 100% waiver
|
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100% waiver for water consumers who consume only 20,000 liters per month
|
|
The film, handicraft, aviation, media, advertising, health club, beauty parlor get license and renewal waiver
|
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NPR 14B for the Ministry of Labor, Employment and Social Security
|
|
NPR 45.0B for the Ministry of Agriculture
|
|
NPR 180.04B for the Ministry of Education
|
|
NPR 1.20B for women, children, and senior citizens
|
|
NPR 7.60B for concessional loans to farmers
|
|
NPR 12B to establish chemical fertilizers
|
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NPR 4B to procure health and medical supplies to combat COVID-19 pandemic
|
|
NPR 400 million for skill development training
|
|
NPR 2.5 million for the security of educational security certificate
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|
NPR 4,000 for senior citizen allowance per month
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33% rise in all types of social security allowances
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50% subsidies in farm insurance premium
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NPR 12,000 transport allowance to the health volunteers
|
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The total budget of the Ministry of Health and Population of NPR 122.77 billion
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NPR 26.75 billion for COVID-19 vaccines
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NPR 37.53 billion for COVID-19 control and treatment
|
|
monthly allowance of NPR 12,000 will be given to female community health volunteers
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NPR 180.04 billion has been dedicated to the education ministry
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The monthly salary of early childhood development teacher is fixed at NPR 15,000
|
|
Mobile Device Management System will be brought into operation from Shrawan 1 to control the use of illegal mobile sets as well as the criminal activities
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A National Payment Switch will be established to facilitate payment and clearance of transactions within Nepal
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Broadbank internet facility to be expanded up to 60% public schools
|
|
NPR 33 arba 55 crore allocated for Earthquake Reconstruction
|
|
NPR 41 arba 20 crore allocated for Housing, Building And Urban Infrastructure, up from NPR 37 arba 80 crore
|
|
Up to NPR 2.5 million of a loan at a interest rate of max 5% with academic credentials for bachelors as collateral
|
|
Loans Up to Rs 2.5 million, a 1% interest rate for startups, will be doled out to interested startups
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A loan of NPR 80,000 will be given to students to procure laptops
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NPR 1 arba 20 crore allocated for Women, Children, and Senior Citizens, while it was NPR 1 arba 14 crore in the FY 2020/21
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NPR 43 arba 54 crore allocated for Drinking Water and Sanitation, while it was NPR 43 arba 10 crore in the fiscal year 2020/21
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Monthly salary of Govt. employees increased by Rs. 2000
|
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Personnel’s allowance up by 15% for Nepal Police and Armed Police Force
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The Ministry of Industry, Commerce and Supplies has been allocated NPR 13.58 billion.
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NPR 2 billion has been allotted for industrial infrastructure development.
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Remedy to industries affected by Covid-19, including tourism, agriculture and small businesses by providing income tax exemptions from 50-90%
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Scrapping visa fees for foreigners.
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The excise duty on Electric Vehicles (EV) has also been abolished and the customs duty has been reduced.
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Tax benefits and free land leasing facility for the top 10 EV manufacturers to set up factories in the country.
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The monthly salary is poised to go up by NPR 2,000 for Govt. Employees
|
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Personnel's allowance up by 15% for Nepal Police and APF
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NPR 15.34 billion is set to be spent on East-West Highway expansion
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NPR 10.3 billion will be expended on Railway development
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Kathmandu-Terai fast track will be the recipient of NPR 8.15 billion
|
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The postal highway will be upgraded at the cost of NPR 6.39 billion
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Airports are to be built and renovated with a budget of NPR 20.31 billion
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NPR 43.54 billion has been dedicated to water supply network
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The highway of Madan Bhandari will be revamped at the cost of NPR 3.20 billion
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NPR 45.09 billion for the agriculture sector.
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NPR 7.98 billion was allocated to the Prime Minister Agriculture Modernization Project.
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NPR 12 billion has been allocated as a grant for the production of chemical fertilizers and made provisions to avail up to 50% capital grant for pesticide factories.
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Subsidies on seeds
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Establishing agricultural markets and E- Haat Bazaars in every province
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Farming of cash crops around highways
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The central park from Narayanahiti to Tripureshwar in Kathmandu
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Electric vehicles get a boost as road tax get waived for the next 5 years
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Plan to replace fossil fuels vehicles in the 10 years
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