INSUBCONTINENT EXCLUSIVE:

Kathmandu, March 27 President of Nepali Congress Sher Bahadur Deuba issued a press release calling on the government to immediately announce

economic relief package for daily wagers and small, medium and large business houses, who were bearing the brunt of lockdown imposed by the

government to contain the spread of the coronavirus pandemic

Deuba said the government should announce relief package for daily wagers first as they were the worst hit. The NC president also urged the

government to announce economic relief package for low income groups, including government employees, unemployed people and students. He

also sought relief packages for all types of businesses — small, medium and large

Deuba also asked the government to waive, for at least three months, the interest on loan of less than two million rupees that

businesspersons had taken from banking institutions

He also urged the government to reduce the interest rate for certain period

Deuba demanded reduction of loan interest rate for large business houses and deferment of instalment payment for three months. Stating that

daily newspapers were on the verge of closing their operation, Deuba also urged the government to provide economic relief packages for media

houses and working journalists. The post Deuba urges govt to act appeared first on The Himalayan Times.