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Now, start-up entrepreneurs will get loans at 3 percent interest rate

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Kathmandu. The government has decided to provide loans to start-up entrepreneurs at 3 percent interest rate. The government has announced to provide loans at 3 percent interest rate to encourage start-ups through the budget statement of the upcoming fiscal year.

Finance Minister Bishnu Prasad Poudel said the government has allocated Rs 730 million for this purpose through the budget statement.

The government has announced to provide concessional loans to help in ship development, business expansion, marketing and the construction of the value chain.

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