Sunday, May 31st, 2026

Double shift for development projects: Finance Minister Sharma



KATHMANDU: Finance Minister Janardan Sharma has said the contract for public construction would have an additional provision conditioning the implementation of the project in two shifts.

During his sitting with several bodies for the discussions about budget implementation issues in Kathmandu Sunday, he said capital expenditure could not be increased through single-shift works and no rise in capital expenditures would cause a hurdle in meeting the target of economic growth.

“Development projects rarely meet deadlines and it is needed to work on a double shift to complete them on time,” he insisted. As he added, the government would pursue a policy of discouraging and eliminating the culture of intentional dillydallying in the implementation of development projects.

The Finance Minister said preparations are underway to reopen inoperative state-owned industries. Likewise, a work procedure granting the permission of seeking the contract of public construction project upto Rs 100 million through a labor cooperatives would be finalized soon.

Also speaking on the occasion, National Planning Commission Vice Chair Bishwanath Poudel presented an idea of testing the real capacity of contractors before awarding the contract. The trend of awarding 70 percent of projects to a handful of people should be eliminated to see a pace in development.

Publish Date : 10 October 2021 18:37 PM

Today’s News in a Nutshell

KATHMANDU: Khabarhub brings you a glimpse of major developments of

Equal access for women in decision-making essential, says Minister Badi

KATHMANDU: Minister for Women, Children, Gender and Sexual Minorities, and

Over 1,100 cooperatives out of contact in Kathmandu Metropolitan City

KATHMANDU: More than 1,100 cooperatives operating within Kathmandu Metropolitan City

Dialogue on Climate Change and its Impact on the Himalayas held in Brussels

KATHMANDU: The Embassy of Nepal in Brussels on Friday organised

Nepal Embassy organizes Peace Walk on International Everest Day in Muscat

KATHMANDU: The Embassy of Nepal in Muscat organized a Peace