August 4, 2024 12:55 pm
KATHMANDU, Aug 4: The government is preparing to implement a non-collateral loan system to protect migrant workers from high-interest rates. Following the recent monetary policy announcement by the Nepal Rastra Bank (NRB), which includes provisions for non-collateral loans, the Ministry of Labor, Employment, and Social Security (MoLESS) is set to initiate the implementation process.