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Summary

The Bagmati Province Fund Mobilization Act, of 2075 establishes a legal framework for managing emergencies in Bagmati Province. The Act creates a Provincial Contingency Fund with an initial deposit of five crore rupees, managed by the Ministry of Economic Affairs and Planning. It allows the provincial government to increase the fund as required and use it for urgent disaster-related expenditures. Agencies must submit detailed requests for fund withdrawal, and the provincial government must promptly investigate fund usage. Unspent funds must be returned within thirty-five days. The Act ensures efficient emergency response and fund management in Bagmati Province.