Metro Rail in Kathmandu

9:01 AM



The budget unveiled at the parliament has focused key infrastructural projects and needful resource allocation for roads, hydropower projects and town development programs. Finance Minister Bishnu Prasad Poudel has allocated Rs 10 billion budget for the much-talked Kathmandu Tarai Madesh Fast Track. According to the budget speech, the work of Budhigandaki Hydropower Project will start within six months through establishing an entity. The entity will complete all resettlement of the project-displaced families within six months and begin works thereafter. An amount of Rs 5.33 billion has been earmarked for paying compensation of the lands and houses. The amount would be very little as the project’s total cost for compensation of the land and resettlement is estimated to be about Rs 60 billion.Likewise, works in Fast Track will be started this year and also a specialized project office with needful technical manpower will be set up to execute the project, according to the budget. Likewise, the budget has concentrated to make the country self-reliant at least in agro products is another good project.myrepublica

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