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ECONOMY

Government forms Task Force to contain loan-sharking

KATHMANDU, August 12: The government has formed a Task Force to take steps for the containment of loan-sharking.
By Republica

KATHMANDU, August 12: The government has formed a Task Force to take steps for the containment of loan-sharking. 


The six-member task force formed by Home Minister Bal Krishna Khand at the direction of Prime Minister Sher Bahadur Deuba is led by Joint Secretary at the Ministry of Home Affairs  Dr Bhishma Bhusal. The body is formed through the ministry-level decision. 


Nepal Police Central Investigation Bureau's Senior Superintendent Dinesh Acharya, Home Ministry's Under Secretary (Law) Shree Krishna Poudel, Kathmandu Valley Crime Investigation Office's Superintendent of Police Krishna Prasad Koirala and National Investigation Department's Deputy Investigation Director Mukund Marhattha are its members. 


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Likewise, CIB Deputy Superintendent of Police Roshan Khadka has been designated as the Member Secretary of the Task Force. 


On Friday morning, Prime Minister Deuba summoned Home Minister Khand, Inspector General of Nepal Police Dhiraj Pratap Singh, Inspector General of Armed Police Force Raju Aryal, and Home Ministry's Joint Secretaries and directed them to assess ways for resolving the problem, bringing those involved in the practice of lending money at unreasonably high interest rates under the purview of law.


The Task Force has been asked to submit a report within a week.  The Task Force members will visit those districts reporting the incidences of loan sharking, find out the causes of it and ways to resolve the problem. It will establish inter-bodies coordination to book those involved in this practice and recommend ways for containing the crime in the future.


(RSS)


 

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