“Microfinance policy has become outdated, need to bring new timely microfinance policy”

Kathmandu. In Nepal, the father of microfinance, the late Dr. The eleventh memorial day of Harihar Dev Pant was organized by the Vice Chairman of the National Planning Commission, Dr. Gunakar Bhatta as the chief guest and the chairman of the poor organization Devendra Bahadur Raut presided over the program at Nirdhan Bhawan, Bhagwati Bahal, Naxal, Kathmandu.

The organizing organization of the program, Poor and Dr. Janardan Dev Pant, Chairman of Harihar Dev Pant Foundation welcomed all the participants and said that about 20 percent of the people in Nepal are still below the poverty line. It is necessary to follow the values and values of the guidance of microfinance services given by Dr. Harihar Dev Pant more effectively.

In the program, Dr. Garlanding the photo of Harihar Dev Pant, lighting the lamp and on the path of prosperity, the book collection of success story of 2083 micro entrepreneurs was released by Chief Guest Dr. Gunakar Bhatta along with guest Dr. Rewat Bahadur Karki, Dr. Fatta Bahadur KC, Devendra Bahadur Raut and Janardan Dev Pant jointly launched it. Nirdhan Utthan Microfinance Sanstha has been publishing the struggle and success story of successful entrepreneurs through microfinance service every year. In the program, Dr. Harihardev Foundation has been distributing various awards every year to support the campaign taken by Dr. Pant. This year, Dr. Harihardev Pant Educational Excellence Award, Micro Entrepreneur Award and Economic Journalism Award were distributed.

In order to boost the morale of the students to contribute to the economic sector, Dr. Under the Harihar Dev Pant Educational Excellence Award Program, Kamal Poudel, who secured the first position with 3.77 marks in the academic session 2021-2023 in the postgraduate level in Monetary Economics from Tribhuvan University, was awarded a cash prize of Rs 50,000.

Similarly, under the Micro Entrepreneurship Award Program, Shanti Maya Tamang of Bhojpur from Koshi Province, Garuda from Madhes Province, Raimalwa Devi of Rautahat, Rasila Tamang of Bagmati Province, Dhanmaya Gurung of Gaikhur Gorkha from Gandaki Province, Sobita Kafle of Kohalpur and Banke from Lumbini Province, Dipaka Rokaya of Bidyapur Surkhet from Karnali Province, Kabita Sanki of Amargadhi and Dadeldhura from Sudurpaschim Province were felicitated with cash prizes. The award was presented with cash prize each.

Prizes were distributed today by organizing a program in the province to the awardees of other provinces except Bagmati. Similarly, the first manager of the microfinance company, which was dedicated to economic development and poverty alleviation in the country for most of his life, Dr. Harihardev Pant was established in the memory of Dr. On the occasion of the annual death anniversary of Dr. Pant, Dr. Ashish Gyawali, editor of Nivesh News.com, who has been honored with the Harihardev Pant Economic Journalism Award, has been awarded with a cash prize of one lakh rupees.

The awards were distributed by the chief guest and guests. The chief guest of the program, Dr. Gunakar Bhatta, the vice-chairman of the National Planning Commission. Dr. Established in the memory of Dr. Pant at the initiative of Chairman Janardan Dev Pant, Dr. Harihar Dev Pant Foundation said that it has been continuously participating in the memorial day of Dr. Pant and has been able to give an inspiring and important message to the society through this program.

In this context, he said that the challenges seen in the present time can be easily overcome if microfinance continues to provide financial services as well as non-financial services to the poor to make them entrepreneurial. In the country. Stating that the microfinance policy issued in 2064 BS is old, it is necessary to bring a new timely microfinance policy, he said that in a country like Nepal affected by climate and natural disasters, everyone including microfinance should move forward by coordinating social responsibility. He praised today’s program organized with the participation of subject experts, students, journalists and entrepreneurs saying it was timely and an excellent combination.

He expressed his gratitude to the organization for being honored to be awarded on behalf of the organizing organization and said that the responsibility has increased to do more work. The guests who participated in the program were Dr. Fatta Bahadur KC, Dr. Rewat Bahadur Karki, Bhagwat Bhattarai and Chief Executive Officer of Poor Utthan.

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