Looking at the declining economic situation of the country and the conflict-prone international situation, it is necessary for the country to adopt a strategy of economic revival rather than rapid economic growth in the coming financial year. According to the 'Nepal Development Outlook' released some time ago by the World Bank, corruption, political instability and ineffective governance have greatly affected the country's development.

However, economic growth is estimated to be around 4.5 percent in the current financial year. Inflation is expected to be 5.4 percent this year. If this is adjusted for inflation, the effective economic growth rate becomes negative. After the largest donor, the US, withdrew its aid, other donors are also reducing aid.

In the context of shrinking internal resources, it will definitely affect the size of the budget. Next year, the country is being upgraded to a developing country. It is a challenge to fulfill various international commitments including sustainable development goals by 2030. 

On the one hand, the public debt is shrinking, on the other hand, the amount of investable funds in the bank has reached about 8 trillion. Although remittances have provided some relief to the economy, trade deficits and public debt continue to weigh on the country. Internationally, the country has again been included in the "grey-list" of money laundering.

The ban imposed on Nepali airlines in the European skies has not yet been lifted. According to the Human Development Report-2020, 25.2 percent human development losses are incurred every year due to inequality. According to the Statistical Report on Dalits-2078, the wealth gap between Dalits and non-Dalits has caused this.

This has not improved even after the establishment of the Republic. It is estimated that this loss in human development has reduced the gross domestic product by about 10 percent every year. Its serial losses are even higher. 

There is no improvement in the fact that the budget will be made on the basis of access, the budget passed by the parliament will be changed blindly, non-budgetary expenses will be incurred, and the capital expenditure will not even reach half. The situation of capital expenditure allocated for development construction is very pathetic in the last 5 years. The expenditure in 5 months of the financial year has not exceeded 10 percent in the last 5 years.

Economic activities in the country are shrinking as the government is stuck in the quagmire of the problem of not being able to spend. New employment opportunities have not been created. On the other hand, the question of how much capital expenditure has the capacity to build capital is still a question. It is estimated that even 10 percent of capital expenditure cannot contribute to capital formation. The report of the latest Economic Reform Suggestion Commission has also pointed out that some of them are on the contrary creating a 'parasite project' and creating unproductive long-term liabilities. 

Low capital expenditure affects marginalized communities. There are plenty of examples of budget allocation for such communities being reduced, and the allocated budget being diverted or frozen.  For example, the budget statement announced that 20 million had been allocated for the establishment and operation of the Dalit Development Authority for the current year. But now the amount has been transferred elsewhere. This practice is not only in the federal budget but also in the provincial and local levels.

Karnali government did not do anything from the budget of 50 million allocated for Dalits. The program of 1 crore allocated by Gandaki province to make a documentary film of Bhagat Sarvajit is not ready to be implemented. The 1.2 million funds allocated by Koshi Province to build a Dalit museum in Dharan as a Dalit special program is about to be frozen.  It has become our style of government that a very small budget is allocated as a token for the marginalized communities and the allocated amount is not spent. 

According to the five-year budget analysis report of Lumbini Province conducted by Dignity Initiative, it has been found that only 3 percent of the budget has been allocated for the marginalized communities who occupy 72 percent. It is only 0.1 percent for the Dalit community. Even the situation of implementation seems to be more pathetic. Allocating some budget in the name of the

community and later transferring the amount to a title or program of your choice, this amount has been made an easy safety net. Although the mentioned point comes from the study of Lumbini province, the practice in other provinces and federal level is also similar. Instead, the local level has relatively small programs. In such a situation, will the coming budget this time be fair as directed by the constitution? 

The last disparity is the lack of proportional representation in state institutions and equitable distribution of resources. Therefore, the country has been pushed back in prosperity. The damage to human development is constant. We do not have clear laws regarding project selection and budget formulation. The budget based on

access seems unbalanced. A separate law is needed to select projects and formulate budgets based on population, geography, human development index, replenishment and biological/social diversity. In the same way, the adoption of the economic policy of protectionist liberalism has become an international necessity for building a socialism-oriented economy. America and European countries, which support capitalist economy, have already adopted this economic policy. We also need to act legally. 

A few days ago, there was a discussion about Dalits in the upcoming budget in the presence of the finance minister in the presence of parliamentarians, representatives of various organizations and stakeholders. According to the discussion, as per the demand of the ministry, Dalit special concrete program and budget as well as some policy proposals have been prepared and submitted. Out of the proposed budget of Rs 4.84 billion, Rs 3 billion has been proposed as Dalit Entrepreneurship Development Fund.

This fund is meant to provide 'loan plus' financial services at subsidized interest rates without collateral to such economically backward communities. Such a fund is incorruptible and not an expendable budget. Such funding does not require additional resources. It can be managed from the various funds that the government has, such as the Social Security Fund, Employee Provident Fund, Citizen Investment Fund and more than one billion in dormant funds. It plays a strategic role in reducing human development losses.  1.84 crore has been proposed for

special programs and structural arrangements. Among those proposed is a completely new and transformative program to formulate a 10-year strategy and document the atrocities/harms faced by Dalits due to caste discrimination before the declaration of an untouchable nation. The issue of compensation/compensation for Dalits has come up time and again at the policy level. But this is not possible without a statement from the state level about how much damage has actually been done. This kind of practice is not only an international practice, but also in our own country at different times in different subjects.

Therefore, it is proposed that there should be a damage assessment commission/study from the state level in this matter. Integrated Dalit settlement development can be a model project for modern development of Nepal. Because it is difficult and very expensive to develop in such scattered settlements.

When it is said that 'development has entered the village but the village has entered the city', integrated settlement development should be a prerequisite for future development to prevent that situation. In the same way, it is necessary to bring Dalit programs in communication, maintenance and operation of Vijayashwari hostel, Madhesi Dalit housing, free insurance, establishment of Dalit museum and learning center, Dalit scholarship in higher education, improvement of living standards of free youth.

The government's policy and program to guide the budget has already been presented to the Parliament. Stakeholders have commented that Dalit communities are like outcasts. However, some points have made it necessary to allocate the budget. Point No. 55 mentions that the problem of 5 lakh landless, squatters, homeless and unorganized residents will be solved. Dalits are the most landless community.

so these communities can benefit from it. If this happens, the basis for development of Dalit housing and integrated settlements will be laid. In point 75, Dalits who have returned from abroad, women and marginalized communities can also benefit from the development of entrepreneurship. In

point 144, there is a Dalit targeted scholarship program in technical higher education. In 2011, it is mentioned that the deprived classes will be mainstreamed through a special program. Who is another deprived community other than Dalits? This has opened more doors to be addressed through programs and budgets. In

point 202, it is mentioned that in order to modernize and commercialize the skills, knowledge and profession of the Dalit community, a 'Shilpi Entrepreneurship Special Program' will be conducted in all seven provinces and the institutional arrangement of the 'Dalit Neglected Oppressed Class Upliftment and Development Authority' will be established. Which are the topics that are strongly raised in the discussion of the stakeholders.