Comprehensive Relief for Workers Through Social Security Fund: Loan Scheme Up to 15 Million NPR Announced

April 30, Kathmandu – The government has announced a housing loan program of up to 15 million Nepalese rupees for workers benefiting from the Social Security Fund. Ramjee Yadav, Minister of Labor, Employment, and Social Security, declared guidelines for this loan scheme aimed at workers who are recipients of the Social Security Fund.

According to Ministry spokesperson Meghnath Rimal, Minister Yadav announced the provision of housing loans up to 15 million NPR at a minimum interest rate of 6 percent.

Minister Yadav made this announcement via a congratulatory video message during the goodwill exchange event held on Friday in observance of the 137th International Workers’ Day (May 1). He also informed that the formal inauguration of the five-year National Occupational Safety and Health Program has taken place. Additionally, the minister shared that to address issues faced by Nepali workers abroad and to foster dialogue, a weekly “Facebook Live” program has been launched by Nepali embassies.