KATHMANDU, DECEMBER 29

Finance Minister Dr Prakash Sharan Mahat has said an environment has been created to achieve six per cent economic growth rate, as the country's economy has started returning to its form gradually.

Inaugurating the 20th annual general meeting of Bhrikutimandap based Kathmandu Valley Public Library Society today, Minister Mahat mentioned that overall situation of country's economy is satisfactory as arrival of tourists, remittance, share price, revenue and economic activities are increasing.

He clarified that anomalies of budget have been controlled by developing budget allocation system based on guarantee of resources in multi-year projects as well as decrease in interest rate of banks has given a positive sign.

The Finance Minister shared that an improvement was made in budget system by ending the trend of extra expenses than stipulated in the budget Red Book.

Society president Dr Narayan Khadka underscored on the need of the State to give priority to library as it is the centre of knowledge and information as well as the glory of the change, civilization and history of the nation.

According to him, the government has cut down on the budget for the Society, there is no land plot for the library building and the Social Welfare Council has been increasing the rent of the library block like that for the commercial shops.

Society leading persons Mahesh Agrawal and Tirtha Raj Onta were felicitated on the occasion.

The Library was registered with the Kathmandu District Administration Office on September 25, 2003. More than 30,000 visitors annually come to the library. The number of annual members is 2,400.

The Society started running the library from 2005. The library has received 37,614 books as donation while 4,351 books have been purchased, stated the Society.

Balmeeki Vidyapeeth to give land to Library

On the occasion, Chief of Balmeeki Vidyapeeth , Prof Dr Bhagawat Dhakal proposed that land plot can be allotted to the Society for constructing a building of the Society for jointly running the Library at the Vidyapeeth's premises.

He broached the idea of the Vidyapeeth and the Society together operating the Library as the former was facing shortage of budget for constructing its own library block and suggested the latter to seek funds for constructing the library building.