The High Level Economic Reforms Suggestion Commission has submitted an interim report to the government. Commission Chairman Rameshwar Prasad Khanal submitted the report to Deputy Prime Minister and Finance Minister Bishnu Prasad Paudel at the Ministry of Finance on Wednesday.

The report mentions the issues that need to be done immediately to make the economy more viable and strong. Including paying government obligations and other outstanding amounts, facilitating the real troubled borrowers in the financial sector, regulating commercial lending  There are laws to be made. 

Similarly, addressing the problems identified in the report from troubled cooperatives, increasing capital expenditure during the remaining period of the current financial year, expediting the reconstruction of physical infrastructure damaged by disasters such as the Jajarkot earthquake, expediting the distribution of compensation for land for which the government has taken action for land acquisition or the process has been completed, and It has been suggested to facilitate the Indian tourists coming from Lamarg.  

It has been suggested to give priority to the payment of construction works completed without new contracts in the current financial year, to keep new projects in the next year's budget only if the budget is available after fulfilling the obligations created by multi-year contracts.

Based on the impact of subsidies provided by the government in various sectors on production and employment, it is also suggested to review the availability of resources and to review the interest subsidy program for subsidized loans.

It is suggested to increase the premium of health insurance and to increase the co-pay ratio . The business which was in a good condition before the covid is now in trouble but if the situation improves later, the commission will give an opportunity to reschedule the loan for one year, the real estate market is relaxed and the non-banking assets of the banks are increasing. is .  In order to solve the problems seen in the cooperative sector in the

report, make legal arrangements so that the area of ​​operation of savings and credit cooperatives does not exceed the geographical area of ​​one local level, prohibit the cooperative from making a company or any organized organization as a member, arrange that only natural persons can be members. It has been suggested to make a legal arrangement for a single credit limit in savings and credit cooperatives like in financial institutions, and for the time being, to arrange that the total loan to a single person from one or more Tamsuk should not exceed ten percent of the total share capital of the investment institution. . 

Commission has given suggestions including regular monitoring of all projects with more than 10 crore allocations and deployment of authorized teams to solve problems on the spot to increase capital expenditure during the remaining period of the current financial year.