KATHMANDU, Feb. 20 -- Kathmandu Metropolitan City (KMC) has chosen private banks instead of government-owned banks to pay about Rs 60 million monthly to the teachers and staffers of public schools in the metropolitan city.
Earlier, public school teachers and staffers were paid their salaries through the government-funded Rastriya Banijya Bank and Nepal Bank Limited. After federalism was enforced last year, the government started sending salaries and allowances of government employees to the local bodies which now pay the government employees.
The KMC decision taken on February 11 urged the teachers and staffers working in the community schools within KMC to open accounts at private banks Prabhu and NIC Asia where their monthly salaries an...