Budget for physical infrastructure to go up by 35 pc next year

File: Raghubir Mahaseth, Minister for Physical Infrastructure and Transport

Kathmandu, April 16

The Ministry of Physical Infrastructure and Transport is likely to get Rs 137 billion budget for the next fiscal year 2019/20. It will be around 35 per cent more than the allocation of the current fiscal year.

The National Planning Commission recently finalised the ceiling for the Ministry.

After the finalisation, the Ministry is preparing for a detailed budget plan on the basis of the ceiling. It has been almost certain that the Ministry will allocate around Rs 95 billion to the projects continued from this year.

The biggest chunk of the Ministry’s budget will be spend on various road projects as many of them have been considered national pride projects.

In particular, allocations for the Postal Highway and the Pushpa Lal Mid-Hill Highway will be twice the allocations of this year.

Likewise, various railway projects will get sizable budget amounts.

Published on April 16th, Tuesday, 2019 4:05 PM

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