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Budget 2082-2083

MAJOR HIGHLIGHTS OF BUDGET 2082-2083

by Expert Nepal
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  1. Rs. 2.03 Billion Allocated for Agricultural and Livestock Insurance in Upcoming Fiscal Year.
  2. Nepal Targets Rice Self-Sufficiency Within Two Years; Rs. 330 Million Earmarked to Promote Chaite Paddy Cultivation.
  3. Rs. 730 Million Allocated to Provide Loans to Startups at 3% Interest Rate.
  4. Rs. 10.14 Billion Allocated for Ministry of Industry, Commerce, and Supplies.
  5. Government to Auction Assets of Cooperative Fraudsters; Revolving Fund to Reimburse Depositors.
  6. Government to Permit Multinational Companies to Lease Apartments and Buildings.
  7. Government to Issue Land Ownership Certificates to 500,000 Families in FY 2025/26.
  8. Government to Establish Information Technology Park in Kathmandu.
  9. Government Permits Nepali Citizens to Acquire ‘Sweat Shares’ in Foreign Companies.
  10. Petroleum Exploration to Commence in Palpa, Sunsari, and Dang.
  11. Government Prioritizes Construction of Nijgadh International Airport.
  12. Government Allocates Rs. 28.82 Billion to Increase Fertilizer Supply to 600,000 Tons.
  13. Government Allocates Rs. 740 Million for Digital Infrastructure and Ecosystem Development.
  14. Government Allocates Rs. 211.7 Billion for Ministry of Education, Science, and Technology.
  15. Government to Ban Production of Plastic Thinner than 40 Microns from November 17.
  16. Government to Provide Collateral-Free Loans up to Rs. 2 Million for Educated Youth.
  17. Reservoir-Based Hydropower Projects to be Prioritized.
  18. Govt Targets Additional 942 MW Power Generation in Upcoming Fiscal Year.
  19. Govt Allocates Rs 2.6 Billion to Complete Nagdhunga and Siddhababa Tunnel Projects.
  20. Government Allocates Rs 86.01 Billion for Energy Sector in FY 2082/83.
  21. Govt Allocates Rs 118 Billion for Ministry of Urban Development in FY 2082/83.
  22. Bad Loan Management: Govt to Establish Asset Management Company.
  23. Public Ownership in Nepal Telecom to Rise to 30%.
  24. NEPSE to Undergo Structural Reforms; NRNs to Be Granted Access to Secondary Market.
  25. Government Allocates Rs. 109 Billion for Social Security Allowances.

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