Perspectives in Regional Problems and Regional Development in Nepal – D.B. Amatya

Perspectives in Regional Problems and Regional Development in Nepal – D.B. Amatya | NEPAL’S FISCAL ISSUES: New Challenges – D.B. AmatyaAn important factor in the development of Nepal is the increasing gap between government expenditure and revenue. An investigation of the fiscal policies of the country during 1960-83 shows that little attention was paid to fiscal objectives like equity allocation and distribution. Too much emphasis on the revenue aspect resulted in a distortion in the allocation of resources, siphoning much needed capital out of the domestic economy, concentration of wealth among the few immigrant Indians and Nepal’s vulnerability to the Indian economy. The country’s fiscal viability has so far been sustained by an upward revision of indirect taxes and since this has reached its peak, any further taxation will have adverse consequences. This comprehensive study of the problems of Nepal will be useful to planners. It can supplement graduate and post-graduate level economic development courses, serve as a reference book for scholars and as a text for specialised courses of the Administrative Staff College of His Majesty’s Government of Nepal. Dr D.B. Amatya has been Lecturer, Tribhuvan University Economics Instruction Committee, Kirtipur; Lecturer, Tribhuvan University Institute of Business Administration, Commerce, and Public Administration; Lecturer, Patan Campus, Lalitpur; Economics Assistant, UN Seminar on the Role of Women in Social, Political and Economic Development of a Country. A member of the All Nepal District-level Youth Seminar Preparatory Committee (1977), he presided over the discussion on the seminar paper on ?Youth and Unemployment in Nepal. Dr Amatya is the author of several articles on the economic development of Nepal. He was associated with an ILO-funded research project on Disputes Settlement and Industrial Peace in Nepal, and another on Employment Potential in Cottage and Small-Scale Industries of Nepal. At present, Dr Amatya is Director of several industrial enterprises.