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House panel resumes debate on Insurance Bill

insurance graphicKathmandu, February 24

The Finance Committee in the House of Representatives has resumed discussions on the Insurance Bill that the government registered in 2018.

Today, the Committee has called a team of experts to discuss the matter.

It was presented in the Parliament but the discussion had stopped following what is said to be a clash between Finance Minister Yuba Raj Khatiwada and Insurance Board Chairman Chiranjibi Chapagain.

The proposed bill if passed will dismiss the Insurance Board. The new Bill also proposes to form a new Insurance Authority in place of the dismissed Board.

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