Education Ministry Proposes Interest Subsidy for Teachers' Vehicle Purchases

Kathmandu. The Ministry of Education and Sports has sent the Education (Eleventh Amendment) Regulations, 2083, which includes a provision for interest concession in vehicle purchases for teachers, to the Ministry of Finance for agreement.

According to the proposed provision, teachers in the secondary level first class can purchase vehicles up to Rs. 50 lakh and teachers in the second class can purchase vehicles up to Rs. 40 lakh.