Business

HoR session: NC lawmaker Sharma calls for implementing Budhigandaki Project

KathmanduPati June 16, 2024

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KATHMANDU – Nepali Congress (NC) lawmaker Bishwa Prakash Sharma has said there should be no budgetary and operational issues regarding the national projects including the Budhigandaki Multi-Purpose Hydropower Project.

Taking part in deliberations on the Appropriation Bill- 2081 BS in the lower house session today, the lawmaker urged the government to be clear about the modality of the project operation. “We have already withdrawn the decision to give it to a foreign company. If the soft loan is managed for its implementation, it is better. But, we should not opt for foreign loans with a high interest rate.”

As he said government-diaspora-private (GDP) model will be appropriate for the Project, advising the government not to seek an excuse regarding its implementation citing a budget deficit or an economic crisis. He urged the government to take challenges for development and set examples for others as well.

He pressed an idea for developing the Project site into a touristic site, expressing his hope that the ruling and oppositions would stand together to ensure the implementation of the Project.