Friday Jun 9, 2023
Friday Jun 9, 2023

High-level commission for resolving woes of usury survivors

2023 Apr 02, 6:55,

The government is set to form a high-level commission for resolving the woes of usury survivors.

The government is to form the commission through the Inquiry Commission Act, of 2026. According to the five-point agreement reached between the government and the usury victim committee at the home ministry on Saturday, the next cabinet meeting would form the commission.

Both sides reached an agreement to recommend the Nepal government form a probe commission in an attempt to address the problems faced by the victims. Illegal money lenders have been found charging high-interest rates to the illiterate, poor, and economically weaker sections, preparing fake documents of financial transactions, capturing the wealth of lenders, and exploiting the victims under different pretexts.

Likewise, a committee would be formed under the coordination of the Chief District Officer to routinely hear and redress the complaints of loan sharks' victims. It would also include the representation of district-based Nepal Police, government attorneys, chiefs of land revenue and survey office, bank and financial institutions, and loan sharks' victims.

Recommendations would be made to the government for the formation of the district-level coordination committee. The committee would collect complaints and grievances from the victims and also aid to gather pieces of evidence. Likewise, it would also facilitate legal aid and awareness.

On behalf of the government talks team, joint secretary Pradeep Kumar Koirala, deputy secretaries Junga Bahadur Dangi, Umakanta Adhikari, and Dilkumar Tamang, and Superintendent of Police Dinesh Raj Mainali signed the agreement.

Likewise, Manoj Paswan, Shyam Kumar Chaudhary, Sangharsha Dahal, Ramrijhan Yadav, and Chhedilal Pasman signed the agreement on behalf of the struggle committee.

Earlier today, Prime Minister Pushpa Kamal Dahal pledged to take action against loan sharks through a rapid action force. In a meeting with the victims, PM Dahal made the promise to permanently resolve the problems of the victims. 


high-level commission resolving woes usury survivors government Inquiry Commission Act
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