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Art. 204 · Part 16

Provincial Consolidated Fund

प्रदेश सञ्चित कोष
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Original Text

All revenues received by the Provincial Government, loans raised, grants from the federal government, and other moneys shall be credited to the Provincial Consolidated Fund.

💡 Plain Language Explanation

Every province has its own bank account — the Provincial Consolidated Fund. ALL provincial revenue goes here: provincial taxes, federal grants, loan proceeds, everything. No secret provincial accounts. This mirrors the federal Consolidated Fund (Art. 116) at the provincial level. Most provincial money (70-80%) comes from federal transfers, not own-source revenue.

🇳🇵 नेपाली व्याख्या

प्रदेश सरकारको सम्पूर्ण राजस्व, अनुदान, ऋण प्रदेश सञ्चित कोषमा जम्मा हुन्छ। ७०-८०% संघीय अनुदान।

Good Aspects

Single-account transparency at the provincial level.

⚠️ Concerns

Heavy dependence on federal grants means provinces have limited real fiscal autonomy.

Art. 197Art. 205
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