Incident Reports

Industrialists of Janakpur stages demonstration in Dhanusha against increase in interest rate on loan

2022-11-10

Madhes, Dhanusha, Janakpur

Industrialists and Businessmen of Janakpur staged a demonstration in Dhanusha on November 10 against increase in interest rate on loans by banks and financial institutes. The protesting entrepreneurs submitted a memorandum to the finance minister through the chief district officer saying that the double digit interest rate is unsustainable. The demonstrators displayed placards against banks and increased interest rate. 

Details and Impacts
Violent / Non-violent Nonviolent
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) Government and civil servants at central level
Actor 2 - Youth na
National/Online Media

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