Microfinance institutions have been accused of engaging in excesses, which led to a search for some activists intending to encircle the Parliament House.
The Microfinance Institutions Struggle Committee, protesting against the microfinance institutions for causing distress to the poor, attempted to encircle the Parliament House in Aguwai, Nepal, resulting in the police taking 18 protesters into custody.
While attempting to break through the restricted area from Maitighar towards Baneshwor, clashes erupted between the protesters and the police.
The participants in the protest, expressing their reasons for involvement, claimed that the government remained silent despite their demands for solutions to the problems faced due to microfinance issues.
They stated that they wouldn’t return home until their demands were fulfilled.
A few days ago, people who had come to Kathmandu seeking justice surrounded the Parliament House in New Baneshwor.
After attempting to breach the restricted area and advancing towards the Parliament House, the protesters were prevented from moving forward, leading to further agitation.
The protesters demanded the removal of newly established microfinance institutions, collective debt forgiveness, and provision of interest-free loans to impoverished farmers.
These five demands were raised by the microfinance-distressed individuals participating in the ongoing protests in Kathmandu.
Note: As an AI language model, I don’t have access to real-time events, and my knowledge is based on information available up to September 2021.
It’s important to verify the latest information from reliable news sources.
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