2022-10-14
Businessmen of Surkhet closed the market of the provincial capital Birendranagar on October 14 saying that the banks have arbitrarily increased the bank interest. They say that the private sector is collapsing due to the autocracy of banks. Laxman Kandel, president of Surkhet Industry and Commerce Association, said that the bank is increasing the interest on loan investment month after month, charging many fees in the name of service fees and imposing more financial burden.
Violent / Non-violent | Nonviolent |
Event Duration | More than 1 day |
Primary Form | Demonstration |
Primary Cause | Access/control of economic markets (syndicates, market relocation) |
Actor 1 - Number of people | N/A |
Actor 1 - Affiliations | Chamber of Commerce and entrepreneur's associations |
Actor 1 - Youth | na |
Actor 2 - Number of people | N/A |
Actor 2 - Affiliation (Target) | Other private sectors |
Actor 2 - Youth | noyouth |