Monday, July 12, 2010

Insurance in Annual Budget 2067/68

Statement Delivered by Finance Minister Mr. Surendra Pandey in the Legislature Parliament of the Constituent Assembly on 12 July 2010 Regarding the Special Arrangement for Revenue & Expenditure for the Fiscal Year 2010-11

18. Due to mandatory requirement of the Third Party Insurance Scheme, from 17 August 2009 of the current Fiscal Year, traffic movement across the country has eased considerably due to reduction in the tendencies of road blockade and damaging of vehicles. This has a positive contribution to the economy. This shows that a lot can be achieved just by the policy announcement of the Government.

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