Nepal | January 23, 2021

Sick projects will not get budget from next fiscal

Himalayan News Service
Share Now:

Kathmandu, March 1

The government has said that it will not entertain those projects which are sick and do not meet the construction completion deadline. It has said such projects will not receive any budget from next fiscal year.

Drafting the budget allocation directives for fiscal year 2020-21, the National Planning Commission (NPC) has proposed that those projects whose completion deadline has expired or those that have not yet fixed the completion schedule will not receive budget in next fiscal year.

In addition, directives state projects, which are being financed by both government and through foreign assistance for a specific purpose, should be completely suspended if they miss construction deadline.

As per the directives, ministries, agencies and departments under the federal government will not be able to seek budget for such sick projects when fiscal budget is being prepared.

The apex planning body of the country has stated that there are thousands of projects that are sick and have not been completed on time. However, there is no exact data on the number of such projects.

Meanwhile, NPC has also said that the provision to transfer projects that were earlier under the jurisdiction of the federal government but have been institutionalised at the provincial or local level should be given continuity in the upcoming budget.

Many projects that were initially started by the federal government have been stalled at present due to the unwillingness of the central government to transfer them to the sub-national governments and also due to the sub-national governments refusing to take ownership of such projects citing lack of resources and capacity to run them.

The directives also state that if the sub-national governments want to take ownership of projects that were initially started by the federal government then the concerned subnational governments will have to themselves mandatorily allocate the budget for such projects.

Meanwhile, the provincial and local governments have now been assigned the responsibility to reprioritise and operate projects/programmes that were not in operation in the past. “If they wish, they will be able to continue those projects through their own budget,” the directives state, adding, the projects and programmes shall be selected at the local level based on the need of the respective local level.

The government also has plans to discourage the trend of allocating low budget to projects from the upcoming budget. According to the NPC, projects and programmes that have not been approved for a long time will be re-prioritised.

The directives have also proposed the concerned ministries, departments and local level authorities to avoid duplication of programmes so that budget can be disbursed to other necessary projects.

Moreover, NPC has urged the concerned bodies to draft the budget in such a manner that national pride projects and national priority projects are ensured with minimum budget resources. Additionally, projects worth Rs 500 million or more to be implemented by federal government have to be compulsorily submitted at the national project bank or else project will not get any budget.

A version of this article appears in print on March 02, 2020 of The Himalayan Times.

Follow The Himalayan Times on Twitter and Facebook

Recommended Stories:

More from The Himalayan Times:

US Ambassador Berry met with PM Oli to discuss Biden priorities  

KATHMANDU: US Ambassador to Nepal Randy Berry met with Prime Minister KP Sharma Oli to discuss President Biden’s top priorities, on Thursday evening. Issuing a press release, the US Embassy in Nepal stated, Ambassador Berry noted that the Biden administration wants to partner with Nepal and Read More...

Seven more fatalities take Nepal's Covid-19 death toll close to 2000 on Friday

KATHMANDU: Nepal's coronavirus death-toll has advanced to 1,986 with seven more fatalities reported on Friday. Globally, 2.1 million people have lost their lives to Covid-19 while more than 98 million people have been infected by the disease. Today, 302 new coronavirus cases surfaced after whi Read More...

Three cricketers leave for UAE to play T-10 League

KATHMANDU: Former captain of the men's National Cricket Team Paras Khadka along with Kushal Malla and Karan KC have left for UAE to play in the T-10 League Cricket Championship, on Thursday evening. The cricket championship is taking place from January 28 to February 6. Khadka would take on th Read More...

In Pictures: Thousands rally forth in mass protest in Kathmandu

Kathmandu, January 22 Large mass rallies were taken out today by the Dahal-Nepal faction of ruling Nepal Communist Party (NCP) in Kathmandu Valley. See in the pictures are protesters in thousands walking the roads of the capital city to meet at a mass gathering. Also participating in the demon Read More...

302 new cases take nationwide Covid-19 tally to 268,948

KATHMANDU: Nepal on Friday reported 302 new cases of coronavirus infection from across the country. With this, the nationwide infection count has advanced to 268,948. Of the total cases, 133 are females while 169 are males. In the last 24 hours, 112 cases surfaced in Kathmandu valley. The capi Read More...

Kathmandu valley logs 112 coronavirus infections Friday

KATHMANDU: On Friday, 112 individuals --53 women, 59 men --  were reported to have contracted the coronavirus infection in the Kathmandu valley. 90 of the 112 infections surfaced in Kathmandu while 13 and nine cases were detected in Lalitpur and Bhaktapur, respectively. According to the data Read More...

McConnell seeks to push Trump impeachment trial to February

WASHINGTON: Senate Republican leader Mitch McConnell is proposing to push back the start of Donald Trump's impeachment trial to February to give the former president time to prepare and review his case. House Democrats who voted to impeach Trump last week for inciting the deadly Jan. 6 Capitol ri Read More...

After big hack of US government, Biden enlists 'world class' cybersecurity team

WASHINGTON/SAN FRANCISCO: President Joe Biden is hiring a group of national security veterans with deep cyber expertise, drawing praise from former defense officials and investigators as the US government works to recover from one of the biggest hacks of its agencies attributed to Russian spies. Read More...