Potential For Revenue Growth in Gandaki Province Simply, government revenue depicts the funds collected by a government from various sources over a specific period, usually a year. This revenue is primarily derived from tax and non-tax sources, and it is an important component of the government’s fiscal policy, as opposed
In democratic nations like Nepal, the “rule of law” carries a crucial meaning, as it connotes equal protection of the law and equality before the law to every citizen. It signifies the complete dominance of established legal norms over the impact of arbitrary authority or extensive discretionary powers. On the other hand, “rule by law” refers to the legal system that becomes a means of oppression, enabling the government to enact laws that may lack justice or fairness.
Default of Assurance of Transitional Justice System in Nepal Default of Transitional Justice The reason on default of transitional justice system in Nepal is mainly political. The Comprehensive Peace Accord signed on Mangsir 5, 2063, held the promise of justice for victims of Nepal’s decade-long conflict. It committed to
Generally, Revenue is the total amount of wealth collected from various sources for funding public services and projects. These sources consist of taxes (income, sales, and property taxes), fees (motor vehicle registration and building permit fees), fines, grants, and transfers from other levels of government. The constitution of Nepal outlines
In FY 2021/22, 13.09% of the total budget was allocated under the “Undivided” Abanda heading. This allocation was 11.14% in FY 2022/23, and 8.22% in FY 2023/24. While there is a declining trend in budget allocation under this heading, a significant amount continues to be allocated to this category. Fiscal
Current and Capital expenditure patterns: trend analysis of the past five years (Gandaki Province) The budget pattern for five years (2018/19 A.D. to 2022/23 A.D.) highlights the trend wherein the total budget allocated for Gandaki Province has been on a constant rise as can be seen in Figure 1. Source: Budget Statements
सामान्यतया शासन भनेको निर्णय लिने प्रक्रिया हो जसद्वारा निर्णयहरू लागू वा कार्यान्वयन गरिन्छ । सुशासन भन्नाले विकासका लागि देशको आर्थिक र सामाजिक स्रोतको व्यवस्थापनमा शक्तिको प्रयोग गर्ने तरिका भनी परिभाषित गर्न सकिन्छ। चाणक्यको पालामा पनि सुशासनको अवधारणा अस्तित्वमा थियो र उनले अर्थशास्त्रमा विस्तृत रूपमा उल्लेख पनि गरेका थिए ।
Access to credit encourages farmers to invest in new technology, innovation, mechanization,and climate-smart farming practices, hence enhancing farm output. The provision of agriculturefinancing entices those who are hesitant to start agribusiness owing to a lack of necessaryfunds. Credit availability enables impoverished rural farmers to wander into new economicactivities, diversify their cash sources,
Effective licensing procedures are essential for promoting tourism and helping the expansion of enterprises that cater to tourists. The Tourism Development Act 2020 of Pokhara Metropolitan City (PMC)’s Article 10, Subarticle 1 has, however, shown a clause about needless delays and frustrations experienced by both tourists and tourism businesses. The
Gandaki Province Private Firm Registration Act, 2021 aims to cultivate a thriving economywithin the province by promoting economic interests and facilitating citizen initiatives inestablishing and managing private firms engaged in industry, trade, or business. The Act’s majorgoal is to ensure that private enterprises function within a regulated framework, promotingeconomic growth.
