New autonomous fund aims to mobilize private capital for Nepal infrastructure

The Nepali government plans a new Autonomous Alternative Development Finance Fund with authorized capital of one trillion NPR and paid up capital of 25 billion NPR. The state will own fifty one percent while private and international partners are invited to invest. The fund aims to mobilize capital for infrastructure and productive sectors beyond the regular budget and may back electricity, roads, airports and other large projects often above one billion NPR. Critics warn it could burden the state and repeat corruption. Governance and accountability still remain key concerns.