Madhes State Government Announces Budget Of Rs 46.88 Billion For FY 2079/80

June 16, 2022 | Investopaper

The Madhes state government has announced a budget of Rs. 46.88 billion for the fiscal year 2079/80. Finance Minister Shailendra Prasad Sah presented the budget in the meeting of the Provincial Assembly. The state government had Rs. 33.79 billion budget for the current fiscal year. The budget for the coming fiscal year is Rs. 13 billion more than the current year’s budget.

In the budget, Rs 21.76 billion or 46.44 percent has been allocated for current expenditure and Rs 25.82 billion or 53.21 percent for capital expenditure.

As the sources of the presented budget, Rs 4.18 billion will be collected as the revenue from internal sources, Rs. 7.81 billion as financial equalization grant, Rs. 11.61 billion from revenue sharing, Rs 9.66 billion from savings of revenue of the current fiscal year, Rs. 10.06 billion in conditional grant, Rs. 490 million in special grant and Rs. 780 million in supplementary grant. The remaining amount will be raised through internal debt.

Out of the allocated budget, the highest budget of Rs. 18.08 billion has been allocated for the Ministry of Physical Infrastructure Development. A budget of Rs. 7.80 billion has been allocated for the Ministry of Social Development and Rs. 2.74 billion for the Ministry of Land Management, Agriculture and Cooperatives.

A budget of Rs 4.84 billion has been allocated for the Ministry of Industry, Tourism, Forest and Environment, Rs 1.73 billion for the Office of the Chief Minister and Council of Ministers and Rs 1.68 billion for the Ministry of Drinking Water and Energy Development.

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One thought on “Madhes State Government Announces Budget Of Rs 46.88 Billion For FY 2079/80

  • November 23, 2022 at 6:12 am
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    शिक्षा को लागि कति बजेट विनियोजन गरिएको छ।

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