4th National Microfinance Summit kicks off in capital
The 4th National Microfinance Summit organized by the Center for Microfinance (CMF), Nepal has kicked off in the capital from Wednesday.
Minister for Finance Krisha Bahadur Mahara inaugurated the three-day summit where more than 800 participants from various stakeholders including the government, microfinance institutions, development partners, Nepal Rastra Bank (NRB) and beneficiaries are participating.
Mahara stressed the need to work on economic empowerment by consolidating the rural economy and regularizing the microfinance sector. He highlighted the role of microfinance in strengthening the rural and socialist economy and bringing the public under the ambit of financial awareness and literacy.
Similarly, the Governor of the NRB Dr Chiranjivi Nepal blamed that the microfinance in Nepal were financially exploiting the public rather than helping in elimination of poverty. He pledged that microfinance fleecing the public would be brought to book.
The summit aims to discuss and offer microfinance institutions, cooperatives, and government agencies a much needed chance to cooperate on solutions to the sector's most pressing challenges besides issuing a declaration on microfinance, according to the organizers.
Altogether 28 working papers pertaining to microfinance issues would be presented during the convention. RSS
- Strategic plan for brick industries discussed
- Gold price stable, silver price rises
- Gold, silver prices down
- Gold, silver prices rise
- Gold price down by Rs 200 per tola
Usable 'full budget'
The budget statement of this year will be a full budget for the entire year but sans announcement of new policy initiatives and new projects and programs.
Dr. Hemant Dabadi
Oops! Deuba does it again
Deuba and Dahal have made a mockery of the constitutional provision of impeachment as a weapon of last resort with its preemptive registration as a tactical move to stop CJ Karki from delivering justice. This will set a bad precedent and there will be more such tactical use of impeachment in the future considering how justices at the SC are being appointed in political quotas in recent times.
Jhamsikhel as I knew
Hari-ko-pasal, right at the said junction used to be the place to buy any household item ranging from food grains and other household items. There was nothing that he did not have. Most often he loved keeping his customers waiting, more so if they were younger. He kept his client engaged with jokes and tole gossip.
Empowering local bodies
It is common to rent a room or two based on nothing more than a verbal contract. There are two types of owners. There are many who rent legal properties informally and those who rent out illegally built ones. The rental space demand is so much that owners openly flout bylaws by building more number of floors than approved. It is difficult, as it is, to bring both type of owners within the system.
Traffic Police in Kathmandu
As busy and hassling as the traffic system in Kathmandu is, the Traffic Police here have to handle an equally strenuous job. Over 1,400 traffic officers in and around the Kathmandu Valley battle against the pestering traffic and air pollution each day.
Menstrual taboo outdated
I have seen my sisters and friends isolated and treated in discriminatory manner during their first menstruation cycle. They were not allowed to look at the sun, to touch water source, flower, fruits, any male family member, nor even hear their voice. The activist may claim the situation has changed and I do agree but still during every month my loved ones turns into untouchables beings.