गृहपृष्ठ ∕ Politics ∕ FM Sharma asks EPF to focus its investable projects in productive sector Politics FM Sharma asks EPF to focus its investable projects in productive sector KathmanduPati September 16, 2021 File Photo KATHMANDU – Finance Minister Janardan Sharma today stressed the need for the Employees’ Provident Fund (EPF) to focus its investable projects in productive sector, adding it creates a basis for sustainable economic growth of the country. Inaugurating the 60th anniversary of the Employees’ Provident Fund in a virtual means, Finance Minister Sharma said, “The Fund should utilise its clients’ funds in productive sector, which will help build up national capital. Such investments will create job opportunities and help reduce trade deficit.” He also underscored the need for the Fund to expand the scope of benefits entitled to its clients by investing their bonus in productive sector. The Finance Minister emphasised the need for the Fund to focus on its good governance and make it tech-savvy. The total investment of the Fund for the fiscal year, 2020/21 has hit Rs 436.05 billion and at present, it has Rs 398 billion in stock. Likewise, it has Rs 1.58 billion in pension fund. Write your comments RELATED NEWS Finance Minister seeks $1 Billion World Bank support Government plans to drain four high-altitude lakes Home Minister warns action against misuse of state secrets Nepal Home Minister Gurung to visit India for BIMSTEC meeting Rabi, Australian Envoy discuss bilateral cooperation Nepal PM says disaster response continues without compromise Top Headlines Monsoon is predictable and Nepal’s disaster response should be too1 Nepal “a Buffer State”: Rethinking foreign policy in relative terms2 Promotion Linked to Future Military Leadership: Major General Magar Could Become Army Chief3 When the State Pulls the Trigger, Who Answers ?4 Before the Ballots: How Oli Lost the Political Narrative5 PM Shah pledges Krishnabhir highway reopening within month6 Balen’s Silence Has Invited Curiosity, Confusion, and Concerns7 Nepal’s Political Renaissance: The rise of the RSP, the re-ordering of the old political order and the political path forward8 TRENDING Bill Gates applauds Nepal for tackling stunting CDO of Kanchanpur transferred to Ministry of Home Affairs ANM and Lab Assistant trainings to no longer be provided in Nepal, task force created for solution Indian RAW Chief Goel meets Prime Minister Oli after coming to Nepal from Bhutan Prachanda flies to India for treatment of his ailing wife Govt picks career diplomats as ambassadors to three countries SSB removes temporary post from no-man’s land Nepali Baba passes away
