Shuvangi Khadka

In Nepal, a few banks and other private players are involved in the delivery of mobile financial services. However, all such independent practices are on a small scale as just an alternative delivery channel to the existing customers.

In Nepal, the minimum wage was introduced in the fiscal year 2007/08. Between 2007/08 and 2018/19, our economic growth has remained at an average of 4.59 percent while the minimum wage over the last decade has increased by 400 per cent. The gap between productivity and minimum wage seems to be ever-...