Former Home Minister Narayan Kaji Shrestha Highlights Persistent Exploitation by Predatory Lending

Kathmandu. Nepali Communist Party leader and former Home Minister Narayan Kaji Shrestha has stated that exploitative practices like predatory lending, a heinous manifestation of feudalism, still persist in Nepali society today, with thousands of poor people falling victim to it.

Posting on social media Facebook, he mentioned that many have lost their land and ruined their lives due to predatory lending. He stated that this problem is particularly severe in the Terai Madhesh region.