MP Tahir Ali Bhat Draws Attention to Youth Suicides Due to Bank Loans and Financial Interest Rates

Kathmandu. Rastriya Prajatantra Party (RPP) MP Tahir Ali Bhat has drawn the government's attention to the increasing trend of youth committing self-immolation and suicide due to bank loans and financial interest rates. Speaking in the House of Representatives meeting on Wednesday, MP Bhat stated that citizens are under extreme mental stress due to debt and unemployment.

Speaking in parliament, MP Bhat said that youth like Ganesh Nepali had to come to Kathmandu due to unemployment and faced the painful situation of having to commit self-immolation due to inability to repay loans. 'After Ganesh Nepali's self-immolation, three other youths have already committed suicide,' he said. 'In Nepal, a situation has arisen where an average of 18 people lose their lives daily due to the mental stress of bank loans and financial interest rates. If this is not stopped immediately, the country will be pushed towards a serious crisis.'

He also demanded an impartial investigation into the incident of assault on Majid Ansari by RPP. MP Bhat presented the example of an incident that occurred in Tunisia in 2010. He mentioned the context of 25-year-old youth Mohammed Bouazizi, who committed self-immolation unable to bear the pain of being harassed, slapped, and insulted by the local administration for selling vegetables on a cart without a permit.

'After Bouazizi's death, a fierce protest erupted in Tunisia, which led to the ousting of the president who had been in power for 14 years,' he said. 'That fire spread to Egypt, Libya, Yemen, and Syria, forcing dictators who had been in power for 20 to 30 years to step down. If the government fails to understand the public's anger in time, the consequences will be similar.'