CEO Tab
  • Home
  • Prime News
  • International Market
  • Special Report
  • Corporate
  • Opinion
  • Next Gen
  • Entertainment
No Result
View All Result
CEO Tab
  • Home
  • Prime News
  • International Market
  • Special Report
  • Corporate
  • Opinion
  • Next Gen
  • Entertainment
No Result
View All Result
CEO Tab
No Result
View All Result
Home Prime News

16th Periodic Plan: Lawmakers suggest NPC plan only feasible projects

CEO Tab by CEO Tab
January 9, 2024
in Prime News
0
NPC fixes budget ceiling at Rs 1.688 trillion for next FY
75
SHARES
1.3k
VIEWS
Share on FacebookShare on Twitter

The members of the House of Representatives (HoR) have suggested to the National Planning Commission (NPC) to plan only implementable projects. The development projects should be planned on the basis of need and relevance, they reminded.

You might also like

Number of Registered Cooperatives in Nepal Reaches 32,325

Government Working to Resolve Tea Export Issues with India: Industry Minister

CIB Recommends Freezing Share Transactions of 56 Individuals Over Alleged Market Manipulation

During a meeting of the finance committee on the draft of the 16th five-year plan on Sunday, the lawmakers urged the NPC to review the 15th five-year plan and draft the next periodic plan accordingly.

Former finance minister and committee member Bishnu Prasad Paudel said the NPC should have autonomy to select and decide projects. He however said a separate law is imperative to direct planning commission.

Lawmaker Padam Giri stressed whether the 15th periodic plan was assessed effectively before drafting the new one. Strengthening the national economy by making it self-reliant and creating jobs should be prioritized, he added.

Surya Bahadur Thapa opined that the Plan needs to be objective and practical. The Plan must not be whimsical, he reminded.

Purna Bahadur Tamang demanded that every province be allocated a Rs 1 billion budget to provide medication to poor people. Timeliness, relevance and significance are elements of an effective plan, according to him.

Narayan Prasad Acharya also pointed out the need for creating atmosphere for the NPC’s autonomy.

Biraj Bhakta Shrestha emphasized the need for assessment and relativity in the course of formulating periodic plans.

Mukta Kumari Yadav’s suggestion was to align the 16th periodic plan with the sustainable development goals (SDGs) as time for achieving the SDG targets was fleeting.

Similarly, promotion of industries, tourism, agriculture, education and health are points to mull over in the next arrangements, according to Ganga Karki.

Metmani Chaudhari focused on job creations, trade balance and poverty alleviation.

On the occasion, vice-chairman of the NPC, Dr Min Bahadur Shrestha, shared that the new plan was drafted based on the previous practices and with adequate review. He assured that precise and practicable plans would be prioritized.

With the broader goal of ‘good governance, social justice and prosperity’, the 16th Periodic Plan has aimed at building good governance at political, administrative, judicial, private and non-government fronts; while social justice will be established in the sectors of health, education, employment, housing and others, thereby ensuring prosperity in the human life and national economy.

The current 15th five-year plan expires with the end of the current fiscal year 2023/24.

Share30Tweet19
CEO Tab

CEO Tab

Recommended For You

Number of Registered Cooperatives in Nepal Reaches 32,325

by CEO Tab
May 29, 2026
0
Number of Registered Cooperatives in Nepal Reaches 32,325

According to the Economic Survey for the fiscal year 2025/26 published by the Ministry of Finance, the number of registered cooperatives across Nepal reached 32,325 by mid-March 2026....

Read more

Government Working to Resolve Tea Export Issues with India: Industry Minister

by CEO Tab
May 29, 2026
0
Government Working to Resolve Tea Export Issues with India: Industry Minister

Minister for Industry, Commerce and Supplies Gauri Kumari has stated that progress is being made toward resolving the challenges affecting Nepal’s tea exports to India. Addressing lawmakers during...

Read more

CIB Recommends Freezing Share Transactions of 56 Individuals Over Alleged Market Manipulation

by CEO Tab
May 29, 2026
0
CIB Recommends Freezing Share Transactions of 56 Individuals Over Alleged Market Manipulation

The Central Investigation Bureau (CIB) of Nepal Police has recommended freezing the share transactions of 56 prominent individuals associated with various merchant banking and insurance companies over alleged...

Read more

Federal Parliament Ready for FY 2026/27 Budget Presentation

by CEO Tab
May 29, 2026
0
Federal Parliament Ready for FY 2026/27 Budget Presentation

The Federal Parliament Secretariat has finalized all preparations for Friday’s joint parliamentary session, during which the annual revenue and expenditure estimates for the fiscal year 2026/27 will be...

Read more

DDC Pays Rs 120 Million to Dairy Farmers Amid Efforts to Clear Outstanding Dues

by CEO Tab
May 28, 2026
0
DDC Pays Rs 120 Million to Dairy Farmers Amid Efforts to Clear Outstanding Dues

The state-owned Dairy Development Corporation (DDC) has paid Rs 120 million to dairy farmers as part of its ongoing effort to clear long-pending payments. According to the DDC,...

Read more
Next Post
Finance_Ministry

Finance Ministry forms four committees to improve budget system

Browse by Category

  • Corporate
  • Entertainment
  • Featured
  • International
  • Major Story
  • Next Gen
  • Opinion
  • Prime News
  • Special Report
  • Tete – A – Tete

EDITOR

Manish Raj Poudel
info@ceotab.com
9841317747


PUBLISHED BY

Welcome Group
www.welcomeadnepal.com

Publisher

www.ceotab.com is a premium news portal being run by Welcome Group. The website features quality business/economic news contents,  in-depth profiles of companies, stories of struggle and success of entrepreneurs, articles that assess various dimensions of  the commerce, trade and economy.

Editor

Manish Raj Poudel

info@ceotab.com

9841317747

Sub-Editor

Riza Poudel

poudelriza@gmail.com

Archives

© 2023 CEO Tab. All rights reserved.

No Result
View All Result
  • Home
  • Prime News
  • International Market
  • Special Report
  • Corporate
  • Opinion
  • Next Gen
  • Entertainment

© 2023 CEO Tab. All rights reserved.