Kathmandu. The Securities Board of Nepal (SEBON) has called a meeting of the Board of Directors for today. The meeting will also welcome the new director Uttar Kumar Khatri appointed by the Ministry of Finance and discuss the ongoing agitation by the employees for the past 20 days.

According to the decision of the board meeting to be held today, it will be decided whether the employees’ agitation will be stopped for the last 20 days or will go further. The employees of the board have been agitating for the last 20 days, saying that the service and facilities will be taken away due to the letter sent by the Ministry of Finance on September 18.

The employees have continued their agitation demanding that the Revenue Secretary-level decision of September 14 will deduct the services and facilities provided to the employees and also return the facilities provided to the previous employees. During this period, SEBON management has held informal discussions on the demands of the employees at various times. No conclusion has been reached.

According to sources, efforts will be made to resolve the issue in today’s meeting. However, the agitating employees’ unions have demanded that the Ministry of Finance withdraw the letter.

“The meeting to be held today also demands that the ministry should withdraw the letter and find an appropriate alternative,” said an official of the agitating union. According to him, if the board meeting to be held today does not take a decision accordingly, it may have to think more about the model of protest.

The employees have been demanding to maintain the autonomy of the board, scrap the curtailment of the facilities and facilities that the employees have been enjoying legally, revoke the illegal order, stop the psychological terror of the employees and ensure an environment to reduce the fear without fear. The agitating employees have urged the party leadership to resolve the problem on time.

On September 18, the Ministry had informed about three issues related to the Employees Welfare Fund and Employees Security Fund operated by the Board as per the decision of September 14 (Revenue Secretary level).

The Securities Board Employees Welfare Fund Procedure, 2071 and Securities Board Employees Welfare Fund Procedure, 2068 BS issued against Section 22, Section 116 of the Legislation Act, 2081, Government of Nepal (Division of Work) Regulations, 2074 and Regulation 167 of the Securities Board Employees Service and Conditions Regulations, 2068. 2075 is to be repealed immediately.

According to the bill, the government will immediately initiate the process to recover the amount paid from the fund in the past as government dues on the basis of the procedures made against the prevailing laws and the consent of the Ministry of Finance will be mandatory before taking any decision on any financial liability.