Ministry of Communications Requested a Budget of About Rs 9 Billion

mocit banner
Share It On:

18th May 2022, Kathmandu

The Ministry of Communications and Information Technology has submitted its budget proposals to the National Planning Commission, requesting more than Rs. 9 billion for the fiscal year 2079/80.

The Commission and the Ministry of Finance had previously established a budget cap of Rs. 8.65 billion.

Binod Prakash Singh, the Ministry’s Joint Secretary and Spokesperson, stated that the implementation of the Digital Nepal Framework and the availability of internet service across the nation are among the priorities for the future years.

“We have requested a budget of far more Rs 9 billion since the budget cap is insufficient for us,” he said in an interview with Technology News.

The Ministry has earlier notified that the work of the Digital Nepal Acceleration Project is being carried out with the aid of the World Bank in order to effectively execute the Digital Nepal Framework objectives.

READ ALSO: Emphasis on Improving the ‘Digital Nepal Framework’

According to Singh, the ministry has also prioritized the development of IT parks, the construction of data centers, and the advancement of information technology.

“We have asked for a budget that will link information technology development across the country,” he stated.

The Ministry intends to carry over the initiatives that could not be completed in Fiscal Year 2078/79 into the Fiscal Year 2079/80.

Today, there is a presentation in the Legislature-Parliament to outline the principles and priorities of the next budget.


Share It On:

Recent Posts

Citizens Bank 11.11 Deals: Exclusive Discounts on Daraz

Citizens Bank 11.11 Deals: Exclusive Discounts on Daraz

Share It On:5th November 2024, Kathmandu Citizens Bank International Limited signed an agreement with Nepal’s leading online marketplace, Daraz, to

Local Talent Shines in Cybersecurity: Bipu Ojha and Tuan Khuat Win CDU IT CodeFair CTF

Local Talent Shines in Cybersecurity: Bipu Ojha and Tuan Khuat

Share It On:5th November 2024, Kathmandu Bipu Ojha and his teammate Tuan Khuat have emerged as winners in the prestigious

CEDB Hydropower’s Extraordinary General Meeting Concluded: Five Directors Elected

CEDB Hydropower’s Extraordinary General Meeting Concluded: Five Directors Elected

Share It On: 5th November 2024, Kathmandu CEDB Hydropower Development Company Limited has successfully concluded its extraordinary general meeting. CEDB

Government’s Journalist Accident Insurance Program: Apply Now For Your Protection

Government’s Journalist Accident Insurance Program: Apply Now For Your Protection

Share It On: 5th November, Kathmandu The Department of Information and Broadcasting has announced the launch of a new insurance

Nepal Life’s Property Acquisition in Hetauda: A Strategic Move For Growth

Nepal Life’s Property Acquisition in Hetauda: A Strategic Move For

Share It On:5th November, Kathmandu Nepal Life Insurance, a leading life insurance company in Nepal, has recently expanded its footprint

Global IME Dividend Announcement: Key Book Closure Date Revealed

Global IME Dividend Announcement: Key Book Closure Date Revealed

Share It On:5th November 2024, Kathmandu Global IME Bank has good news for its shareholders! The bank has announced a