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The MUDRA banks were set up under the Pradhan Mantri MUDRA Yojana scheme. It will provide its services to small entrepreneurs outside the service area of regular banks, by using last mile agents. About 5.77 crore (57.6 million) small business have been identified as target clients using the NSSO survey of 2013. Only 4% of these businesses get ...
PM Mudra Yojana (PM Micro Units Development and Refinance Agency Scheme) CS MoF: 2015 Financing MUDRA is a financial institution for funding small businesses. [58] 34,42,00,000 beneficiaries have received ₹ 18.6 lakh crore (equivalent to ₹ 21 trillion or US$240 billion in 2023). [59] New entrepreneurs consist 22% of the beneficiaries. [60]
The Planning Commission was first created in Nepal in 1956. It was soon renamed in accordance with the Yojana Mandal Act of 1957. Following the introduction of the partyless Panchayat system in 1961, the National Planning Council was formed under the then king. In 1963, the council was dissolved and a new planning body, with an identical name ...
The first general election was held in 1959 and Bishweshwar Prasad Koirala became the first elected prime minister of Nepal. However, he was deposed and imprisoned in the 1960 coup d'état by King Mahendra who went on to establish an oligarchic authoritative regime, the Panchayat system , and Nepal did not have a democratic government until 1990.
Nepal’s Prime Minister Pushpa Kamal Dahal was in talks with two opposition parties to form a new coalition on Monday, citing difficulties with his present ally, the centrist Nepali Congress ...
Nepal’s prime minister lost a vote of confidence in parliament on Friday after the largest party in his governing coalition withdrew its support, forcing him to step down from office after 19 ...
Five-Year Plans of Nepal generally strove to increase output and employment; develop the infrastructure; attain economic stability; promote industry, commerce, and international trade; establish administrative and public service institutions to support economic development; and also introduce labor-intensive production techniques to alleviate underemployment.
Prime Minister Pushpa Kamal Dahal called the vote in Nepal's lower house of parliament after a minor party in his coalition broke apart and its members withdrew support from the government.