Kathmandu, 29 May: Finance Minister Janardan Sharma has presented the budget for the new fiscal year 2079-80 today. The government has tried to please all the sectors by presenting a populist and election oriented budget. The budget has aimed at reducing imports and encouraging substituting and export industries. The budget aims at increasing agricultural products, providing public welfare advertisements to the Online portals, providing elderly citizen allowance to those completing the age of 68, and increasing the salary of civil servicemen by 15 percent, among others. Minister Sharma has allotted a budget worth 17 trillion, 98 billion 830 million rupees, which is larger by size prescribed by the Planning Commission and other financial organs. The Minister has allotted 7 trillion 53 billion 500 million rupees i.e. 42 percent as the current expenditure, whereas, it has allotted 3 trillion 800 billion 382 million worth of capital expenditure, which comes 21 percent of the allotted budget. Minister Sharma has expected for collecting revenue worth 12 trillion 40 billion 110 million rupees from internal resources, 55 billion 460 million rupees as grants and two billion 260 million rupees worth of foreign loans. People's News Monitoring Service