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A budget outlay of almost Nu 50B

Major initiatives to strengthen decentralisation on the cards

Finance: The initiatives to realise the government’s ideology of Wangtse Chirphel or power decentralisation has surfaced in a Nu 49.9 billion (B) budget outlay for the fiscal year 2016-17, which the finance minister presented yesterday in the national assembly.

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BOiC closes shop, REDCL launched

REDCL to come up with special scheme for women, college graduates and rural folk

Policy: After 20-months of operations, the Business Opportunity and Information Centre (BOiC) has closed shop and passed its mandate to the Rural Enterprise Development Corporation Ltd (REDCL), which was launched on May 21.

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