Cheap loans for agricultural implements production, information technology and tourism

'In a system where the interest rate cannot be determined by adding a premium of more than 2 percentage points to the base rate for loans to small, domestic, small and medium enterprises, agriculture and industries based on indigenous raw materials up to 2 crores, supporting industries for agriculture, agricultural tool production, information technology, tourism, etc. It will be reviewed by adding areas related to domestic production,' said the Governor's official. The Rastra Bank has said that arrangements will be made for easy lending even on mortgages of agricultural produce mentioned in the budget statement of the Government of Nepal for 081/82.

Similarly, the Rastra Bank has announced that if the institution invested by private equity and venture capital is unable to repay the loan due to any reason, it will be blacklisted. "The time period for adjusting the loan by doing 'variance analysis' mentioned in the current capital loan guidance will be extended," said the governor official.

Similarly, it is also said to classify loans to industrial businesses that regularize the interest payment of loans of closed industries. It is mentioned that loans will be classified to industrial businesses that regularize the principal and interest payment of loans even though the industrial business is closed due to circumstances. Necessary facilitation for risk management will be done," the policy said. As mentioned in the budget of the current financial year, the government has said that it will facilitate easy and simple access to credit to promote entrepreneurship among the youth.

As mentioned in the budget statement for the financial year 2080/81, the process of foreign investment will be simplified and facilitated in the policy. For this, Nepal Rastra Bank has said that necessary amendments will be made in the foreign investment and foreign loan management regulations. As mentioned in the budget statement, it is mentioned that the monetary policy will arrange for easy credit flow on mortgage of agricultural produce.

Similarly, the monetary policy is designed to maintain financial stability by emphasizing on lending to the productive sector and improving the quality of credit. According to the monetary policy, 13.2 percent of the total loans invested by commercial banks in the end of May 2081 are in the agricultural sector, i.e. 5 trillion 82 billion 49 million, and 9.2 percent are in the micro, domestic, small and medium enterprise sector, i.e. 4 trillion 7 billion 28 billion.

Similarly, 26 percent of the total loans from development banks in agriculture, micro, domestic and small enterprises/businesses, energy and tourism sectors, i.e. 1 trillion 25 billion 83 million, and 21.6 percent, i.e. 19 billion 38 million, from finance companies are in investment. . Similarly, the monetary policy has stated that it will study the existing arrangements related to gold import and sale distribution. It is mentioned that the existing arrangement of silver import will be reviewed from time to time. It was mentioned that the National Bank will study last year's monetary policy. But it is mentioned that the review process is still in progress. Similarly, the monetary policy has estimated that the growth rate of the agricultural sector will be satisfactory in 2081/82. It is estimated that the growth rate of the agricultural sector will also increase as the planting is satisfactory compared to the past.

According to the Department of Agriculture, 68.6 percent of paddy planting has been completed by June 31, 2081. Till June 29 last year, 56.5 percent planting was done. Monsoon is active and it is estimated that there will be more than average rainfall during this period. It is said in the monetary policy that the growth rate of the agricultural sector in 2081/82 is expected to be satisfactory when the availability of chemical fertilizers is easy and the government sets the minimum support price for rice.