Nepal plans 12-fold increase in science budget
June 18th, 2008 - 1:24 pm ICT by IANS
Kathmandu, June 18 (IANS) The new Nepalese government is planning a $125 million science budget for the current year - a whopping 12-fold increase over that of last year. The money will be allotted to the Ministry of Environment, Science and Technology (MEST), with the budget likely to be approved next month.
Shortly before the country’s April elections, the Maoist party - now with the largest number of seats in Nepal Assembly - released a manifesto declaring: “Without science a country cannot develop”.
Prachanda, the Maoist supremo, has a degree in agricultural science and also taught science in a prep school, a Scidev.Net report, quoting Science magazine, said.
The focus will be on biotechnology research, primarily to exploit the landlocked country’s rich bio-resources.
A biotech lab in Kathmandu is scheduled for completion in 2009, while MEST plans to construct a national biotechnology research and development centre.
Nepal experiences power and fuel shortages, so the government will also devote a large part of the money to developing clean energy, including the use of a jatropha as a biofuel.
World Bank figures on science spending currently put Nepal behind Burundi, the country with the world’s lowest per capita gross domestic product.
Related Stories
- India and Nepal sign four MoUs - Jan 16, 2010
- India tells off Prachanda, says avoid negative propaganda - Jan 16, 2010
- China, India broadens ties with Nepal for its geopolitical significance - Feb 18, 2010
- Nepal Maoists torch copies of 'unequal treaties' with India - Jan 15, 2010
- Nepal delegation seeks Indian support in peace process - Dec 14, 2009
- Krishna leaves for Nepal Friday, 5 pacts on the way (Lead) - Jan 14, 2010
- Krishna urges Prachanda to abide by peace process commitments - Jan 16, 2010
- Krishna asks Nepal to ensure safety of Indian priests - Sep 05, 2009
- Maoists announce blockade of Kathmandu valley, international airport - Oct 28, 2009
- India softpedals China factor in Nepal - Jan 07, 2010
- Kapoor to get honorary rank of Nepalese Army general - Jan 18, 2010
- Nepal, India agree to tackle terrorism (Lead) - Jan 17, 2010
- Budget should incentivise biotech sector: Kiran Mazumdar-Shaw - Jul 05, 2009
- Emami Biotech to invest $80 mn in Ethiopia - Aug 03, 2009
- Indian Army chief to visit Nepal - Jan 01, 2010
- agricultural science
- bio resources
- biotechnology research
- clean energy
- environment science
- fuel shortages
- gross domestic product
- jatropha
- landlocked country
- manifesto
- maoist
- maoist party
- mest
- ministry of environment
- national biotechnology
- nepalese government
- prep school
- science and technology
- science budget
- science magazine
Posted in South Asia, |







