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Concessional loan up to Rs 6 million for government employees, 100% interest subsidy

SPIL
Nepal Life

Kathmandu. The government is going to provide concessional loan up to Rs 60 lakh to government employees to buy cars.

The draft of the Vehicle Management Directive for Government Employees-2083 prepared by the Office of the Prime Minister and Council of Ministers, 2083 BS. The office has sent a letter to the Ministry of Finance seeking its opinion on the draft.

Esewa
Crest

In the draft of this directive, it has been proposed to provide concessional loan of Rs 6 million to the Chief Secretary, Secretary and 12th level employees to buy a four-wheeler and 100 percent subsidy on the interest of the loan.

Similarly, the draft has proposed Rs 5 million for the employees of the joint secretary and 11th level for the purchase of four-wheelers, and Rs 4 million for the under-secretary or ninth or tenth level employees and 100 percent interest subsidy.

The draft has proposed Rs 400,000 for section officer or sixth, seventh and eighth level employees and Rs 200,000 for non-gazetted or assistant level employees and 100 percent subsidy in interest.

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