Finance Minister Shankar Prasad
Koirala has asked the ministry to accelerate the implementation of livestock
insurance, crops insurance, micro-insurance and subsidy to the cold stores,
according to the budget for the current fiscal year 2013-14.
Addressing the first trimester
evaluation meeting at the ministry here today, he said the concerned
authorities have to emphasise on budget implementation. "If there are any
problems in implementation of development projects, the ministry should
cooperate and help them facilitate the projects," he added.
There is no option to
commercialisation of agriculture for the social reform, said central bank
governor Dr Yub Raj Khatiwada, assuring the central bank's support for the
agriculture insurance. "Only more investment in agriculture could ensure
the social transformation. Likewise the central bank is ready to regulate micro
credit."
The ministry should walk the talk
and perform instead of only asking the performance reports, Koirala said,
adding that the budget for this fiscal year has been announced on time and the
ministry has approved the programmes on time. "There is no excuse for the
delay in the current fiscal years."
Vice chair of the National
Planning Commission (NPC) Rabindra Kumar Shakya, on the occasion, asked the officials
to end the culture of zero performance. "If one cannot perform, one must
provide explanation," he said, adding that such review meetings have
become redundant as the officials have been presenting the same reason behind
non-performance of the programmes and projects. "The next review meeting
should reflect the real development picture," asked the senior advisor of
the finance minister Dr Chiranjivi Nepal.
The development expense for the
first trimester is very low, informed finance secretary Shanta Raj Subedi.
"It will hurt the economic growth target for the current fiscal
year," he said, adding that the project heads should be made more
responsible for the delay in the progress of the development projects.
"The regulatory institutions like central bank, Securities board of Nepal,
Insurance Board have not been able to perform. They have to be proactive in
regulation."
Comptroller General Suman Sharma asked the government to simplify the government procurement process as it is applicable to all sorts of public purchase from aircraft to vegetables. "Efficient account keeping is key for financial discipline."
The participants also
raised serious question on National Priority projects and their performances.Comptroller General Suman Sharma asked the government to simplify the government procurement process as it is applicable to all sorts of public purchase from aircraft to vegetables. "Efficient account keeping is key for financial discipline."
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