The Ministry of Labour, Employment and Social Security (MoLESS) has forwarded different proposals to encourage remittance inflow through formal channel.

At a programme organized in the federal capital on Thursday, Minister for Labour, Employment and Social Security Krishna Kumar Shrestha said Nepalis working abroad should be lured to send money back home through formal channel by using banking channel. More remittance would ensure foreign exchange reserve and sufficient capital in the banks, he added.

Minister Shrestha stressed the state should treat the migrant workers in a dignified manner to receive remittance through formal channels, end the remittance cost and establish branches of Nepali banks in the major…


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