The Socialist Promise

The budget for FY 2021/22 is an allusion to an ideal welfare-state. The government has undertaken the responsibility to protect and promote the social and economic wellbeing of the Nepalese citizens by introducing new programs and expanding many previous ones. The benefits are spread across all sectors, and all age groups – from increment in social security, salaries, and old-age pension to concessions on business loans, student loans and accessories, and transport of agricultural products, to tax and fees waiver; there is something for everyone. Continue reading..