Budget to help uplift agriculture and entrepreneurship

Kathmandu - The Bagmati state government is to present a budget of around 50 billion rupees for the new fiscal year 2077/78 (2020/21). The budget is being presented at the State assembly on coming June 15. The budget estimates for the coming fiscal year will include programmes to revive the overall economy hit by the lockdown, increase agro production and promote entrepreneurship, said Minister for Economic Affairs and Planning Kailash Prasad Dhungel. A 'COVID special agriculture programme' is one of the major attractions of the budget.

The returnee migrant workers will be linked with agriculture sector based on their skills and experience in farming and animal husbandry as well as poultry. Likewise, the Ministry of Industry, Tourism, Forest and Environment has targeted to generate employment to around 300,000 youth in the new fiscal year. Self-employment shall also be promoted. For this, a budget of Rs. 3 million each has been allocated to all the local levels.