header banner
POLITICS

Second round of negotiations between govt and loan sharking victims struggle committee begins

KATHMANDU, March 31: The second round of negotiations between the government and Loan Sharking Victims Struggle Committee (LSVSC) has begun.
By Republica

KATHMANDU, March 31: The second round of negotiations between the government and Loan Sharking Victims Struggle Committee (LSVSC) has begun.


The talks that started on Thursday are continuing today. After the first round of talks failed to make any headway, the talks between the government and the victim side have been continuing in the home ministry since this morning.  Joint Secretary at the Ministry of Home Affairs Rudradevi Sharma and the coordinator of the Struggle Committee Manoj Kumar Paswan are present in the talks.


Related story

Govt and Farm Workers Struggle Committee halt negotiation again...


In Thursday's talks, the Struggle Committee submitted a nine-point demand to the government negotiation team. It is said that it will be discussed today. The government formed a committee on March 27 to negotiate with the protesting loan shark victims who came to Kathmandu on foot from Mahottari.


Loan Shark Struggle Committee has presented various demands including scrapping Tamsuk system, making law in favor of loan sharking victims, formulating law by searching for the source of property after registration of transaction case by cheque or Tamsuk, introducing a system to return illegal property of moneylenders to the name of the persons who originally owned the property or those who claim to have been cheated. The Struggle Committee has also  demanded the government to make legal arrangements to return the property to his/her name.


Other demands put forth by the agitating loan sharking victims include arrangement of the registration of cases of fraud and breach of trust against moneylenders in an easy manner,  execution of cases only after the completion of the mentioned process in the case of arrest warrants from the court, postponement of the cases filed in the court on the basis of Tamsuk, arrangement for easy and simple loans from banks for foreign employment.


The struggle committee has warned that the movement will continue until the government guarantees simple and easy loans from banks to those who want to go abroad for work and forms an all-powerful commission to address their demands.

Related Stories
SOCIETY

Loan Shark victims and govt signs a five-point agr...

SOCIETY

Govt and microfinance victims continue their talks...

SOCIETY

Loan shark victims withdraw protest after reaching...

POLITICS

Lawmakers criticize govt over inaction on loan sha...

SOCIETY

Govt to introduce ordinance to address issues of l...

Trending

Top Videos

Bold Preety willing to fight for her musical career

Awareness among people on heart diseases has improved in Nepal’

Print still remains the numbers of one platform

Bringing home a gold medal is on my bucket

What is Nepal's roadmap to sage child rights