May 29: The government has presented an annual budget of Rs 1.793 trillion for
the fiscal year 2029/80. Presenting the budget for FY 2079/80, Finance
Minister Janardan Sharma said that the main objectives of the budget include
inclusive development, inflation control, providing adequate resources to
sub-national governments and a self-reliant economy.
Some of the
major highlights (Education, Science and Technology) are listed below:
1.
Health and education sectors to be prioritized to increase human development
index by 0.65 pc
2. The government has allocated Rs 70.5 billion for the
Ministry of Education, Science and Technology. While Rs 5.32 billion is
allocated for education at the provincial government, Rs 1.21 billion has been
allocated for local bodies
3. The government has decided to create a
quality environment for education in the country and has allocated Rs 8.30
billion for the development of technical and business education
4. To
attract more students to education, a day-meal program to be extended to
students of up to Grade 8 of government schools. At present, such meals are
provided only to the students of upto Grade 5. In the first stage, the
government is extending it to students of upto Grade 6 in the next fiscal
year.
5. Reservation for foreign students and easy visa services for
them
6. Procedure to begin to open a medical college in Dadeldhura, PM
Deuba’s home district
7. Medical colleges to be established outside
Kathmandu also
8. Research centres at TU and other universities to
receive additional funds
9. Rs 70.05 billion for the Ministry of
Education, Rs 5.32 billion for education at the provincial level, and Rs
121.01 billion at the local level
10. The government has decided to give 75 per cent discount on customs duty on the import of maximum two school buses purchased by community or public schools.
