RSP MP Amresh Singh said: The budget is like a deflated balloon.

I wanted schools like Budhanilkantha to be built in at least 7 provinces. But it was nowhere to be found in the budget. My pain lies there: MP Singh

Jestha 28, 2083

Kantipur Reporter

RSP MP Amresh Singh said: The budget is like a deflated balloon.

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Rashtriya Swayamsevak Sangh (RSS) MP Amresh Kumar Singh has said that the budget presented by Finance Minister Swarnim Wagle cannot be implemented. Participating in the discussion on the budget in the House of Representatives meeting on Thursday, MP Singh also asked how many people are happy with this budget.

'What percentage of the people of Nepal are happy with this budget? How much deposits have been deposited in the banks that no one is ready to take loans. There is no environment for doing business here today. There is an atmosphere of fear. Governance can be done through fear, but development cannot be done through fear,' MP Singh said.

Similarly, he claimed that there is no country in South Asia that makes a budget of 32/33 percent of GDP. He also called the budget an inflated balloon. 'This itself is a deflated balloon. A deflated balloon does not last long. I do not believe that this budget will be implemented, other friends may believe it. There is a budget deficit of nearly 7 trillion rupees,' he said. He also expressed dissatisfaction saying that the education and health sectors were not prioritized in the budget. Reminding that he was also a signatory of the constitution, he said, 'The constitution has placed education and health as fundamental rights. Taxes cannot be imposed on fundamental rights. Private schools or hospitals are not taxed, but students are. Let's strengthen public schools. Public schools were not prioritized. I wanted schools like Budhanilkantha to be built in at least 7 provinces. But they were nowhere to be found. My pain is there.' He says that nothing will happen if the youth cannot be employed. 'Inflation is happening so much. What has been brought for the poor? The salary of the employees has been increased by 21 percent. What percentage are the employees?,' he said.

There is no such country in South Asia where a budget of 32/33 percent of the GDP is made. This in itself is a deflated balloon. A deflated balloon does not last long. I do not believe that this budget will be implemented, other friends may believe. There is a budget deficit of about 7 trillion rupees.

He said that only God can save a country where capital expenditure is only 20 percent and there is no development expenditure. 'Only when there is capital expenditure, employment is created, investment comes in and the country moves forward on the path of prosperity. Even a layman understands this, but an experienced MP like me has not been able to understand it,' he said.

He also said that he has been listening to many finance ministers for 20 years. He also said that Nepal will not be transformed as soon as the budget is presented. 'Every finance minister thinks that Nepal will be transformed the very next day after the budget is presented, that Nepal will become Singapore, America, South Korea, Dubai, Japan the very next day.' But the result is like 'three leaves of a roof' and every year the debt is only increasing.'

Kantipur

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