Provision to invest 15 percent in agriculture
Kathmandu, July 2: The government is going to strongly implement a provision of investing 15 per cent amount of the grant allocated to the Village Development Committees in agricultural sector.

According to the Ministry of Federal Affairs and Local Development, the government is going to make the provision effective so that the grant should be implemented in agricultural sector, from where doors for employment and earning would be opened.

The government last year had directed to invest minimum of 15 per cent amount of the VDC grant in agricultural sector.

Spokesperson of the Ministry of the Local Development, Dinesh Thapaliya, said that last year they only had directed for this but this year they are going to implement the provision compulsorily.

Thapaliya said that this provision is going to be implemented to institutionalize attraction to agriculture in the local level to develop and expand the agricultural sector in an agricultural country.

He added that they are going to implement the project more effectively in the next fiscal year 2012/13.

A system has been managed that each VDC which gets Rs. Two million grant every year should invest 15 per cent amount of the remaining total grant in agricultural sector by deducting the administrative expenses.

He said that they have been excited that the government grant is being spent in agricultural sector by the VDCs of various districts.

A total of Rs. 44 billion 550 million has been allocated in the current fiscal year under the local development.

A committee has been formed under the coordination of planning officer in each District Development Committee to carry out monitoring of the plan prepared by the VDCs and investment in the agricultural sector.
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