Incident Reports

Entrepreneurs Jumla stage demonstration against high interest rate

2022-11-27

Entrepreneurs of Jumla have been agitated against rate of interest on bank loans. The agitated entrepreneurs submitted a memorandum to the District Administration Office on November 27 as a part of the first phase of their protest against high interest rate. They  demanded the government to lower interest rates fixed by banks and financial institutions. They also demanded to run a help desk at inland revenue office and Small and cottage industry office to facilitate the businesses. 

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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