e-Magazine
News
Local News
International News
Industry
Reviews
Offers
Prices
Videos
More
Photos
Interviews
November 5, 2024
Home
News
Local News
International News
Industry
Reviews
Offers
Prices
Videos
Photos
Interviews
E-Magazine
Social Media
Weather Update
Local News
Finance Minister Positive On Meeting The Demands Of The Automobile Industry
Finance Minister Positive On Meeting The Demands Of The Automobile Industry
Team Nepal Drives
December 30, 2022
December 30, 2022
Finance-Minister-Bishnu-Poudel-Meets-NADA-Delegation-Image1
A delegation led by NADA's chairman Dhurba Thapa has met with the Hon. Finance Minister Bishnu Poudel to discuss the issues crippling the Nepalese automobile industry. In the meeting with the Minister of Finance, the team raised related topics like the complications caused by the interest rates of banks and auto loan financing etc.During the meeting, the businessmen called for the cancellation of current capital loan guidance, modification of monetary policy, interest rate control, rescheduling of loans for the revival of the automobile business, special concessions on interest rates, removal of 50 percent cap on auto loan financing, and the adjustment in the bank's interest rate. The businessmen also demanded that the current capital loan guidance issued by Nepal Rastra Bank, 2079 should be suspended for the time being.
Also Read:
Automobile Dealers Hit The Streets Demanding Policy Changes
Listening to the demands put forward by the businessmen, Minister Poudel assured that the new government is positive about meeting the demands of the automobile industry and requested to halt the protest movement.
Published Date: 2022-12-30 12:41:30
#NADA
#NADA Protest
Read more news
Nepal Drives Vol 3 Issue 12 Magazine Out Now!
2024-11-05 15:13:44
Post Comments
popular Post
1
Hyundai Ioniq 5 Price Drop: Now Available at Rs 92.96 Lakh
2
Suzuki Unveils e Vitara Electric SUV with All-Wheel Drive and Dual Battery Options
3
Ram Kishun Yadav Claims Rs 5 Lakh Cashback in CG Hero's Dashain and Tihar Promotion!
4
Nepali Rider Deepak Sah Felicitated by Royal Enfield Nepal
5
TVS MotoSoul 4.0 Scheduled for December 6-7 in Goa
More News
Bajaj Introduces Exchange Program throughout Nepal
December 30, 2022
Leapmotor Sends First Shipment of C10 SUVs from China to the Asia Pacific Region, Including Nepal
December 30, 2022
MAW Vriddhi's Biggest Exchange & Test Drive Camp in Pokhara; Grab the Deepal S07 EV at a Pre-Budget Price of NPR 71,99,000!
December 30, 2022
Government and Private Sector Collaboration Needed for Electric Vehicle Infrastructure
December 30, 2022