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๐Ÿ‡ณ๐Ÿ‡ต Nepal /Crime & Justice

Government decides to implement all commission reports on loan sharking

From Kathmandu Post · () English

Summarized and contextualized by DistantNews.

At a glance

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  • The Nepali government has decided to implement all previously formed commission reports on loan sharking.
  • This decision was made during a Cabinet meeting following protests by loan shark victims marching towards Kathmandu.
  • The Cabinet also approved seed regulations, decided on disaster response allowances, and appointed a new executive chairperson for Nepal Airlines Corporation.

The Nepali government has pledged to immediately implement all reports from previously formed commissions on loan sharking. This decision came during a Cabinet meeting on Tuesday, spurred by ongoing protests from victims who have begun marching towards the capital, Kathmandu. Home Minister Sudan Gurung had initiated talks with the agitating victims in Bara district shortly before the meeting.

According to Minister for Education and Sports Sasmit Pokharel, the Cabinet, chaired by Prime Minister Shah, made five key decisions. Beyond addressing loan sharking, the government approved the First Amendment Regulations on Seeds, proposed by the Ministry of Agriculture. Personnel from the Armed Police Force and other employees involved in disaster response will receive incentive allowances.

In personnel and sports-related matters, the Cabinet announced cash prizes and honors for athletes and coaches who have achieved medals in international competitions. Additionally, Maheshwor Bhakta Shrestha was appointed as the executive chairperson of Nepal Airlines Corporation, also taking on the responsibilities of the national flag carrier's general manager.

DistantNews Editorial

Originally published by Kathmandu Post. Summarized and contextualized by our editorial team with added local perspective. Read our editorial standards.