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

Digital Nepal Project MoCIT Releases Draft Environmental and Social Commitment Plan for Public Feedback

Digital Nepal Project MoCIT Releases Draft Environmental and Social Commitment

Share It On:27th January 2025, Kathmandu The Ministry of Communication and Information Technology (MoCIT) has released the draft Environmental and

Nepal Digital Driving Licenses: QR Code Integration Streamlines Issuance

Nepal Digital Driving Licenses: QR Code Integration Streamlines Issuance

Share It On:27th January 2025, Kathmandu The Ministry of Physical Infrastructure and Transport has introduced an amendment to the Vehicle

Nepal Cooperative Regulatory Authority: Credit Information Center, Savings and Credit Protection Fund Now Operational

Nepal Cooperative Regulatory Authority: Credit Information Center, Savings and Credit

Share It On:27th January 2025, Kathmandu Cooperatives Minister Balram Acharya has announced that the Credit Information Center and the Savings

Promoter Share Sale NIMB: Existing Shareholders Invited to Increase Stake

Promoter Share Sale NIMB: Existing Shareholders Invited to Increase Stake

Share It On:27th January 2025, Kathmandu Nepal Investment Mega Bank Limited has announced the sale of 113,238 promoter shares, providing

8th Chamber Expo 2025: Showcasing Nepali Products to the World

8th Chamber Expo 2025: Showcasing Nepali Products to the World

Share It On:27th January 2025, Kathmandu The 8th Chamber Expo 2025 will open on Magh 17 (January 30, 2025) at

Setopati YouTube Channel Hacked: Cryptocurrency Scams Prompted by Unknown Group

Setopati YouTube Channel Hacked: Cryptocurrency Scams Prompted by Unknown Group

Share It On:27th January 2025, Kathmandu Setopati, one of Nepal’s leading online media platforms, has confirmed that its official YouTube