header banner
ECONOMY

Govt in no mood to hike civil servants’ salary, social security allowance

KATHMANDU, May 9:  The government will not increase the salaries of civil servants and social security allowances in this fiscal year.
alt=
By Republica

KATHMANDU, May 9:  The government will not increase the salaries of civil servants and social security allowances in this fiscal year.



Finance Minister Dr Prakash Sharan Mahat clarified that the salaries of government employees and social security allowances will not be increased. He indicated that the salaries and social security allowance cannot be increased this year as the country’s economy is facing a crisis, revenue collection is low and the resources with the government are limited.


Related story

Govt makes National ID card mandatory for social security allow...


However, he clarified that there is no plan to reduce the social security allowances, either. "Some suspicions have been raised about social security; the social security allowances will not be decreased," he said.


Currently, more than 3.5 million Nepali citizens are in the scope of various social security allowances. At a time when the pressure to review the social security allowance is increasing, Finance Minister Dr Mahat clarified that it cannot be increased and there is no possibility of reducing it, either. 

https://devmyrepublica.nagariknewscdn.com/shared/web/uploads/media/-Prakash-Sharan-Mahat-1_20230508074512.jpg
Related Stories
SOCIETY

Govt to bring 6 million people under social securi...

Govt to bring 6 million people under social security ambit in five years
ECONOMY

Govt looks for budget transfers to pay salary to c...

Govt looks for budget transfers to pay salary to civil servants
Interview

Province 2 ready to retaliate if federal govt obst...

Province 2 ready to retaliate if federal govt obstructs exercising constitutional rights: CM Raut
ECONOMY

Govt to book organizations failing in providing ba...

Govt to book organizations failing in providing basic salary
SOCIETY

DoCR launches information system to systematize SS...

DoCR launches information system to systematize SSA scheme

Trending

Top Videos

Bold Preety willing to fight for her musical career

Awareness among people on heart diseases has improved in Nepal’

Print still remains the numbers of one platform

Bringing home a gold medal is on my bucket

What is Nepal's roadmap to sage child rights