KATHMANDU: The government has announced a new initiative to offer low-interest loans to young entrepreneurs. Deputy Prime Minister and Finance Minister Bishnu Prasad Paudel made this announcement while presenting the budget for the upcoming fiscal year 2025/26.
Minister Paudel stated that educated youth will be able to access loans ranging from Rs 200,000 to Rs 2 million at a subsidized interest rate of 3 percent.
The loans will be granted based on educational qualifications, business registration certificates, and project proposals.
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