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| nuwakot durbar |
Nuwakot. Eleven local levels in Nuwakot have publicly announced their annual policies, programs, and budgets for the fiscal year 2080/81.For the upcoming fiscal year 2080/81, eleven local levels have today announced their budgets publicly. According to the provisions made in the Local Government Operations Act 2074 (2017) Section 71 and the Intergovernmental Fiscal Management Act 2074 (2017) Section 21, each local level must present the estimated revenue and expenditure (budget) of the fiscal year to the respective village or municipal assembly within Ashad 10.
For the fiscal year 2080/81, Surayagadhi Rural Municipality of Nuwakot has presented the budget within Asar 10. It is legally required for all local levels to bring policies and programs and pass the budget by Asar end. However, some local levels have not been able to present the budget even after the specified deadline. This raises concerns about financial discipline as delayed budgets can have an impact on expenditures.In local levels where budgets are not announced on time, there are issues in spending the budget without providing salaries to teachers and employees. This has been confirmed by the report of the Office of the Auditor General as well. Grants of four types and amounts received from the fiscal equalization and revenue sharing are considered the main sources of the local level's budget.
The federal government provides fiscal equalization, special grants, and supplementary grants to local levels from the annual budget. However, there have been difficulties in receiving the allocated amount when the budget is not timely announced. The National Natural Resources and Fiscal Commission considers it an indicator of inflation if the budget is not presented by Ashad end.The provision for budget presentation and approval is made as per the Local Government Operations Act 2074. According to Section 71 of the Act, the Chairperson, Vice Chairperson, or Chief Executive of the concerned local level approves the estimated revenue and expenditure budget of the upcoming fiscal year from the executive and presents it to the assembly within Asar 10.
The annual revenue and expenditure of the budget, detailed estimates of the previous fiscal year's revenue and expenditure up to the current year, and the estimated plan and program and income and expenditure of the upcoming fiscal year need to be disclosed. After the budget is presented, discussions will be held within 15 days. Once the discussions are concluded, the assembly can either approve the budget or forward it to the executive with suggestions. If the budget is received with suggestions, the executive will reconsider and make necessary revisions or revisions and re-present it within five days to the assembly. The assembly will pass the budget within Asar month if the budget has been presented.
The local levels formed after the first election and the officials of the rural municipalities and municipalities have the provision to present and pass the budget within two months. Supplementary estimates and other budget-related arrangements will be made as per local laws. Local levels can also manage taxes and non-tax revenue as per local laws.The programs and budgets to be implemented by the local level, as well as the translation of programs and budgets into federal, provincial, and local levels according to the Inter-Governmental Relations Act 2077 and the Guidelines on Program and Budget Distribution 2076, are also in place.
Nestled in the heart of Nepal, Nuwakot district is a land of historical significance and natural beauty. Recently, the district has taken a remarkable step towards shaping its future with the unveiling of budgets across its 11 local levels. This marks a significant stride towards growth, development, and improved quality of life for its residents.
Empowering Local Communities: At the core of Nuwakot's development strategy lies the empowerment of local communities. The 11 local levels, spanning from municipalities to rural municipalities, have collaboratively crafted budgets that resonate with the unique needs and aspirations of each area.
Investment in Infrastructure: A key highlight of these budgets is the substantial allocation for infrastructure development. Robust transportation networks, including road expansion and improvements, are pivotal for enhancing connectivity and driving economic growth. These investments promise to not only facilitate local trade but also ensure improved access to essential services such as education and healthcare.
Fostering Education and Healthcare:The budgets unveiled for Nuwakot underline the community's commitment to the well-being of its residents. Education and healthcare take center stage, with dedicated resources allocated towards the construction and enhancement of schools and healthcare facilities. This approach signifies Nuwakot's dedication to nurturing a healthier and more educated population.
Advancements in Agriculture: Given that agriculture forms the backbone of Nuwakot's economy, the budgets rightly prioritize agricultural advancements. This entails modernizing farming techniques, upgrading irrigation systems, and promoting agro-based entrepreneurial ventures. These initiatives empower local farmers and set the stage for sustainable and progressive agricultural practices.
Unlocking Tourism Potential: Nuwakot's rich history and picturesque landscapes hold immense potential for tourism. The budgets wisely focus on developing tourism-related infrastructure while also preserving the region's cultural heritage sites. This dual approach not only showcases Nuwakot's heritage but also sets the stage for economic growth through increased tourism activity.
Championing Environmental Conservation: The stunning natural landscapes of Nuwakot are a source of pride and sustenance for its inhabitants. Recognizing this, the budgets prioritize environmental conservation with provisions for forest preservation, effective waste management, and the promotion of sustainable energy initiatives. This eco-conscious approach safeguards the region's precious resources for future generations.
Inclusive Growth: Nuwakot's commitment to progress extends to all segments of its population. The budgets allocate resources to empower women and marginalized groups through skill development programs, vocational training, and avenues for economic self-sufficiency. This inclusive approach aims to create a more equitable and vibrant society.
A Participatory Approach: What truly sets Nuwakot's budget unveiling apart is the active engagement of local communities in the decision-making process. Through consultations and feedback mechanisms, the budgets authentically reflect the aspirations and priorities of the people. This participatory approach not only fosters a sense of ownership but also ensures that resources are allocated in alignment with actual needs.
Nuwakot's 11 local levels have embarked on a transformative journey through their well-crafted budgets. As the district propels itself towards growth and development, it stands as a shining example of how local governance can pave the way for meaningful and sustainable change. With a strong emphasis on inclusivity, environmental preservation, and the holistic welfare of its residents, Nuwakot is poised to shine as a beacon of progress in Nepal's landscape.
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