Nepal | October 20, 2020

NPI says concept paper on 15th five-year plan highly ambitious

Himalayan News Service
Share Now:

Kathmandu, April 3

Amid the meeting of the National Development Council (NDC) in the Capital to finalise the concept paper of the 15th five-year plan (fiscal years 2019-20 to 2023-24) prepared by the National Planning Commission (NPC), Nepal Policy Institute (NPI) — an international think tank — has said that a few targets of development set in the periodic plan are overambitious and unrealistic.

Moreover, NPI said that there is no explicit articulation of the external regional and global context and future scenarios in which the vision and plans are set.

“The projected income growth of $1,400 by fiscal year 2023-24, $4,100 by fiscal 2030-31 and $12,100 by fiscal 2042-43 seems rather overambitious or unrealistic to achieve given past performance, including poor capital investment and management,” NPI stated.

Despite the fact that the Nepali economy is so heavily dependent on remittance and foreign employment has become the mainstay of income and employment for millions of working age population along with remittance constituting one-third of the nation’s annual budget, the whole presentation of the vision and plan is conspicuously silent about migrant workers and remittance, reads the NPI comment paper on the draft of the 15th five-year plan.

“Given the double-digit high economic growth target, there is no explicit recognition or mitigation strategy for the high cost of high growth in terms of unsustainable exploitation and extraction of nature/natural resources, high degree of inequality in the society and deeper socio-political division and unrest,” said NPI, adding that the concept paper of the periodic plan does not reflect higher-level vision, plan or strategy for gender equality and increased economic participation and leadership of women.

Though Nepal has been suffering from economic dependency with alarming rise in imports of basic food commodities from India, the concept paper of the periodic plan has not emphasised this concern and no remedial mechanism specifically suggested.

“Goals and objectives are set at high levels and are generally without clear, programmes indicators or time lines,” NPI said.

Meanwhile, NPI has also suggested the government to give the 15th periodic plan the theme ‘Build, Produce and Manage.’


A version of this article appears in print on January 01, 1970 of The Himalayan Times.


Follow The Himalayan Times on Twitter and Facebook

Recommended Stories:

More from The Himalayan Times:

Parliament building of Nepal

NCP MPs to forgo one month’s salary

KATHMANDU, OCTOBER 19 The parliamentary party of the ruling Nepal Communist Party (NCP) today decided not to take salary for the month of Kartik (mid-October to mid-November) and deposit the same in the government’s COVID-19 Prevention, Control and Treatment Fund. The party decided to do so aft Read More...

Choose goats wisely, advises Kathmandu Metropolitan City

KATHMANDU, OCTOBER 19 As the festive season has started, traders have started bringing live goats and mountain goats in the valley. Considering the health safety, Kathmandu Metropolitan City (KMC) has requested consumers to choose wisely while purchasing goats. For the convenience of co Read More...

EDITORIAL: Government has obligation

The govt cannot wash its hands of its obligation to provide health care and other help to the people when they most need it Seemingly, a PCR test fatigue has set in, with the government asking the people to pay for it and treatment of the coronavirus. Following the government decision on Sunday, it Read More...

Move to charge COVID patients draws flak

KATHMANDU, OCTOBER 19 The Nepali Congress has condemned the government’s decision not to bear the test and treatment expenses of all coronavirus patients. The government had yesterday decided to bear test and treatment expenses of poor, helpless, single women and differently-able citizens, s Read More...

Minister of Information and Communications and government Spokesperson Parvat Gurung

Quarantines, isolation centres in Kathmandu to be upgraded

KATHMANDU, OCTOBER 19 Making public the Cabinet decisions, Minister of Information and Communications Parbat Gurung said decisions were taken to upgrade quarantine centres which are not in use currently in Kathmandu into isolations centres. Keeping in view the increasing number of coronavirus Read More...

Damak Municipality shuts down services

JHAPA, OCTOBER 19 All the services provided from Damak Municipality Office and ward offices of the municipality have been closed for three days after municipality staffers and people’s representatives tested positive for coronavirus. Deputy Secretary Dinesh Kumar Neupane of the municipality Read More...

COVID pandemic affects highway completion

KATHMANDU, OCTOBER 19 Construction of the Mid-Hill Highway is facing difficulty in meeting the deadline due to the ongoing COVID-19 pandemic. As a result of the COVID-19 crisis, the project saw dismal physical progress in the first three months of the current fiscal year 2020-21, said Chief of Read More...

BPKIHS reports one more Covid-19 related death on Tuesday

KATHMANDU: The Dharan-based BP Koirala Institute of Health Sciences (BPKIHS) reported an additional Covid-19 related fatality on Tuesday. A 56-year-old male of Itahari Sub-Metropolitan City of Sunsari district who was undergoing treatment at the Covid Hospital of the institute passed away at 9:30 Read More...