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Sakela rural municipality has passed a policy to save money in the name of the child after birth. The program to collect money in the name of the child born from next July has been mentioned in the policy and program presented at the 15th village assembly held on Tuesday.
According to the policy and program presented by Village Chairman Ravi Prakash Rai, under the 'Newborn Savings Scheme', an account will be opened in collaboration with SBI Bank and 10,000 to 15,000 will be deposited every year. Rai also said that the amount will be increased annually. It has been mentioned in the policy and program that the municipality will arrange from internal income until the age of 18 in the opened account. Rai said that in order to open a
account, a child must have been born in a health institution, the birth must be registered on time, they must have studied continuously in a public school within the municipality until at least class 12, and they cannot migrate and go elsewhere. According to Rai, this will prepare children for higher education and a better life. "I am hoping that this program will create an environment for children to be born in the hospital, register births on time and study in the community schools of the village," Rai said, "I think it will prepare the children for higher education and a better life." Village Vice President Birsika Rai has presented a budget worth Rs 27 crore 47 lakh 1 thousand 69 for current and Rs 11 crore 83 lakh 38 thousand 590 for capital.
It is projected that 68.9 million rupees will be received under the financial equalization grant, 63.2 million rupees 56 thousand 659 rupees from revenue sharing, 14.4 million rupees for conditional subsidy, 1.38 million rupees for conditional capital subsidy, 2.2 million rupees for supplementary subsidy received from the federal government, and 1.54 million rupees for special subsidy.
Similarly, financial equalization grant 58 lakh 9 thousand from the provincial government, 49 lakh 90 thousand from the distribution of vehicle tax, 75 lakh 65 thousand for the provincial conditional grant, 172 lakh 59 thousand from the provincial government for capital, 16 million supplementary grant for capital, 18 lakh for partnership from the District Coordinating Committee, 150 thousand from the Land Port Office for the distribution of real estate registration fee, 10 thousand for the distribution of advertisement tax and village council The projected revenue amount is 30 lakhs. The projected income from 2081/82 is estimated to be Rs 1 crore 25 lakh from the bank balance.
