Govt allocates Rs 8. 71 billion for Ministry of Communications and Information Technology
The government has allocated Rs 8.71 billion for the Ministry of Communications and Information Technology (MoCIT) for the fiscal year 2023/24. Finance Minister Prakash Saran Mahat announced the Ministry's budget for the upcoming fiscal year at a joint meeting of the federal Parliament today. The government had allocated Rs 8.59 billion for the ministry in the current fiscal year.
Govt reduces budget of Labor Ministry
The government has allocated Rs 8.08 billion for the Ministry of Labor, Employment and Social Security for the upcoming fiscal year. Presenting the budget for the fiscal year 2023/24 in the federal parliament today, Finance Minister Prakash Saran Mahat said creating employment in the country is in top priority of the government. A total of Rs 9.13 billion budget was allocated in the current fiscal year for the Ministry of Labour, Employment and Social Security. The budget of the ministry for fiscal year 2023/ 24 has been reduced by more than one billion rupees.
Govt allocates Rs 197 billion for the Ministry of Education, Science and Technology
The government has allocated Rs 197 billion for the Ministry of Education, Science and Technology for the fiscal year 2023/24. Presenting the budget for the upcoming fiscal year, Minister for Finance Dr Prakash Saran Mahat made such an announcement. In the current fiscal year, the government has allocated Rs 70.05 billion for education in the federal level, Rs 5.32 billion in the province level and Rs 121 billion in the local level. Likewise, the government has announced to run a Milk Bank for infants. Finance Minister Dr Mahat said that the Milk Bank would be run at the Paropakar Maternity and Women's Hospital in Thapathali, Kathmandu. Likewise, Minister Mahat said that budget has been arranged for the infrastructure development and equipment purchase for BP Koirala Cancer Hospital, GP Koirala National Respiratory Treatment Centre, Sushil Koirala Cancer Hospital, Manmohan Cardiothoracic Vascular and Transplant Centre, Suresh Wagle Memorial Cancer Centre, Ramraja Prasad Singh Health Science Academy and Bhaktapur Cancer Hospital.
Govt to carry out feasibility study for cannabis farming
The government has decided to carry out a feasibility study of cannabis farming for medicinal use. Finance Minister Prakash Saran Mahat said so while presenting the budget in a joint session of the federal Parliament today. On the occasion, he said that funds have been allocated to carry out the feasibility of cannabis farming for medical purposes.