In their recommendations, experts and educationists encouraged the relevant authorities to explore raising investment in public education by the imposition of a high tax on high-income people.
When asked to recommend it at an interaction on ‘Investment in Education and Progressive Taxation’ organized by the National Campaign for Education-Nepal in cooperation with TaxEd Alliance, the participants agreed.
Aside from that, they argued that Nepal was on the verge of transitioning from the status of least developed country to developing country, and that foreign aid would begin to decline as a result of this transition.
Anjana Bisankhe, a member of Parliament, believes that the enforcement of progressive taxation and a rational tax system, as well as the monitoring of its implementation status, contribute to the efficient execution of fundamental rights in the social sector.
Dr Pushparaman Wagle, a member of the Public Planning Commission, expressed his opinion that we should consider utilizing national resources to manage the education system at a time when the education sector in the country was not progressing as expected.
Similar sentiments were expressed by President Hom Kumar Shrestha of the National Association of Rural Municipalities in Nepal (NARIM), who stated that while local governments were aware that more money should be invested in education by local governments, the latter had not been able to carry out the expected works in education development at the local level.
Dr Hari Lamsal, Joint Secretary at the Ministry of Education, Science, and Technology, also spoke at the engagement and stated that debates on the finances of education were not conducted in a sufficient amount of time.
He also stressed the importance of formulating policies that encourage the utilization of education-related investments.
Sagarnath Pyakurel, a consultant, argued that the underprivileged and economically poor parents and students were the ones who suffered the most as a result of the country’s low investment in education. He suggested that higher taxes be levied on those with high incomes and that the money be used to fund the education of the underprivileged and poor sections of society in order to advance the country’s overall development.
The President of the Nepal Teachers Federation, Kamala Tuladhar, has encouraged the government to invest more in education in order to improve the services and facilities available to teachers.
According to Chartered Accountant Prabesh Acharya, tax revenue has fallen short of expectations, and general expenditure has accounted for up to one percent of total tax revenue. A progressive tax policy should be implemented, and judicial action should be taken against the temptation to evade taxes, according to him, against this backdrop.
Sujita Maskey, Country Director of Action Aid Nepal, underlined the importance of boosting the budget for education in Nepal, citing statistics indicating that 4.8 percent of the world’s total GDP is given to education.
Sudarshan Sigdel, NCE Nepal Secretary, spoke about the importance of launching a debate at the grassroots level, advocating for the provision of free education to underprivileged children by increasing taxation on high-income earners, as well as the collection of more tax from them.