Saturday, December 21st, 2024

Budget 2021/22: Most debated Constituency Development Fund revoked


29 May 2021  

Time taken to read : < 1 Minute


  • A
  • A
  • A

KATHMANDU: The government has scrapped the most debated Constituency Development Fund later renamed as ‘Local Infrastructure Development Program (LIDP)’ effective from the fiscal year 2021/22.

Finance Minister Bishnu Prasad Poudel has informed that the Fund allocated to each lawmakers to facilitate the development activities in their constituencies has been revoked saying that budget is needed to control the pandemic.

Last year, then Finance Minister Dr. Yubaraj Khatiwada had been unable to scrap LIDP despite the concerns expressed over the misuse of the fund.

Publish Date : 29 May 2021 19:37 PM

CPN-Maoist Chair Dahal congratulates NPL champions

KATHMANDU: Pushpa Kamal Dahal ‘Prachanda,’ Chair of the Communist Party

NC-led majority government to further consolidate federalism: Leader Singh

MAKWANPUR: Nepali Congress (NC) leader Prakashman Singh claimed that the

President Paudel congratulates NPL title winner

KATHMANDU: President Ramchandra Paudel has congratulated Janakpur Bolts for winning

Socioeconomic development taking place gradually: PM Oli

SUNSARI: Prime Minister KP Sharma Oli has said that several

‘Lumbini circuit to be developed for tourism promotion’

LUMBINI: Chief Minister of Lumbini Province Chet Narayan Acharya has