Finance Minister Directs For Expanding Insurance Coverage to Rural Areas

Janardan Sharma
Share It On:

1st September 2022, Kathmandu

Finance Minister Janardan Sharma has instructed the insurance committee to make insurance accessible to remote areas.

Inaugurating the provincial office of the Insurance Committee in Surkhet on Thursday, he directed to expand the service as most of the citizens of Karnali are out of reach of insurance.

Finance Minister Sharma said that since the office has been opened to extend the powers of insurance committees to provinces, insurance services should not be limited to cities and markets and should reach villages.

He said that since the insurance service is connected with the overall economic activities, it should reach the villages with a reliable environment.

“Getting insurance services to villages is a dimension of federalism, it is necessary to reach people in rural areas with financial and insurance literacy programs,” Finance Minister Sharma said. Let’s make and train.’

Stating that the Insurance Committee should solve the problems of the overall regulation of the insurance business, protection of the insured, insurance literacy, insurance, and the insured, Finance Minister Sharma informed that the government is preparing to establish an insurance college due to the lack of skilled manpower in this sector where more than 12,000 people are getting direct employment.

In the opening program, the Minister of Lands, Management, Agriculture, and Cooperatives of the State Government, Chandra Bahadur Shahi, expressed his belief that the farmers of Karnali will benefit from the establishment of the State Office of the Insurance Committee.


Share It On:

Recent Posts

Liberty Energy Rights Shares Offering: Eligibility, Application Process, and Future Plans

Liberty Energy Rights Shares Offering: Eligibility, Application Process, and Future

Share It On:22nd November 2024, Kathmandu Liberty Energy Company Limited is gearing up to issue rights shares starting December 1,

Asha Laghubitta’s 8th AGM 2024: Key Decisions and Future Plans

Asha Laghubitta’s 8th AGM 2024: Key Decisions and Future Plans

Share It On:22nd November 2024, Kathmandu Asha Laghubitta Bittiya Sanstha is holding its 8th Annual General Meeting (AGM) today, November

6th Asian Population Conference 2024 in Nepal: Advancing Sexual and Reproductive Health Policies

6th Asian Population Conference 2024 in Nepal: Advancing Sexual and

Share It On: 21st November, Kathmandu Nepal is set to host the 6th Asian Population Conference from November 27 to

Kumari Bank Promoter Share Sale: Eligibility, Application Process, and Price

Kumari Bank Promoter Share Sale: Eligibility, Application Process, and Price

Share It On:21st November, Kathmandu Kumari Bank Limited has officially declared its intention to sell a substantial number of promoter

Up to NPR 150 Cashback on Nepal Telecom and Ncell Services with Namaste Pay

Up to NPR 150 Cashback on Nepal Telecom and Ncell

Share It On:21st November, Kathmandu Namaste Pay has unveiled an exciting new campaign to reward its users with cashback on

Ncell introduces innovative feature, enabling customers to convert voice to data or data to voice services

Ncell introduces innovative feature, enabling customers to convert voice to

Share It On:21st November, Kathmandu Ncell customers can enjoy an innovative feature that allows them to convert or exchange remaining