Budget guided by distributive approach: Opposition parties

NL Today

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Kathmandu: Opposition parties have criticized the government’s estimate of income and expenditure for the upcoming Fiscal Year 2022-23 as they termed it guided by a distributive approach.

Taking part in the deliberations on the budget during a session of the House of Representatives (HoR) on Wednesday, CPN-UML lawmaker Bhanu Bhakta Dhakal said the allocation of the budget to respond to the issues of landless people was positive, but it was focused on the election and guided by the distributive mindset.

Likewise, Hridayesh Tripathi questioned the government to further clarify about its plan to provide contribution-based pension. As he assessed, farmers would not be directly beneficial from the announcement for increasing investment in agriculture.

Rajendra Lingden of Rastriya Prajatantra Party aired that the budget seemed not capable of intervening in a rising market price. As he claimed, “The budget focused on election and the distribution will not bring a substantive change in people’s life.”

Questioning about the sources of income, he said the budget based on foreign aid and loan lacked a ground for implementation.