Sunday, February 23rd, 2025

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that the Fund allocated to each lawmakers to facilitate the development activities in their constituencies has been revoked saying that budget is needed to control the pandemic.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

RPP Chair Lingden urges immediate halt to Taplejung Cable Car project

KATHMANDU: Rajendra Lingden, Chairman of the Rastriya Prajatantra Party (RPP), has

Musk orders US federal workers to describe what they did at work last week or get fired

WASHINGTON DC: Elon Musk, the billionaire head of the Trump

Ghulam Ali performing in Nepal

KATHMANDU: Famous Pakistani ghazal singer Ghulam Ali is set to

Light rain likely in Koshi, Bagmati, and Gandaki provinces

KATHMANDU: Light rain, accompanied by thunder and lightning, is expected

Today’s foreign currency exchange rates

KATHMANDU: Nepal Rastra Bank has fixed the exchange rates for