Koshi Province Lawmakers Resist Project Bank Rules
Summary
Lawmakers in Koshi Province oppose the existing Project Bank rules and seek to lower the minimum project cost limit from 2.5 million to 500,000 rupees, challenging provincial government regulations.
Key Points
- Koshi Province lawmakers are resisting adherence to the Project Bank management rules they enacted.
- The Nepali Congress Koshi Province Parliamentary Party decided to pressure the government to lower the minimum project limit from 2.5 million to 500,000 rupees.
- The Project Bank rules specify minimum project costs to prevent arbitrary and fragmented development projects.
- The decision risks undermining the provincial laws aimed at systematic project classification and budget allocation.
