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 RSP to hold first convention as statute changes take focus Government forms task force to resolve long-running Pathibhara cable car… CIAA summons former foreign minister in passport printing probe Minister informs HoR, Rs 88.33 billion budget allocated for Intensive… Education, sports sector in government’s top priority: Education Minister Pokharel UML Unveils ‘Mission Awakening’ to Mobilize Cadres for Local and… Top Headlines Before the Ballots: How Oli Lost the Political Narrative1 Nepal “a Buffer State”: Rethinking foreign policy in relative terms2 Balen’s Silence Has Invited Curiosity, Confusion, and Concerns3 We will return the savings of cooperative victims within 100 days : Rabi Lamichhane4 Jagdamba Group Chairman Shankar Agrawal Arrested5 Two Offices Under Ministry of Communication to Be Abolished6 Court Orders Release of UML Rekha Sharma7 Nepali Congress provides financial assistance for Samba’s treatment8 TRENDING Once on the Margins, Women Diplomats Are Now Making Their Mark in Nepal’s Foreign Service Sector What Makes Prithivi Narayan Shah a Philosopher and a Truly Democratic King? What role has the Nepal Army been playing in controlling the coronavirus? UPAYA CITY CARGO LAUNCHES Version 3.0 Army Day : Five facts about Nepal’s ‘blue helmets’ in UN-peacekeeping missions Namrata is Miss Nepal 2020 “Ranju Darshana: Government has been using superiority approach to handling pandemic” Hetauda Cement Industry resumes operation
