Nepse Employees´ Association - the association of Nepse employees - has been organizing a series of protest against the management for the last nine days, putting forth nine-point demands, including amendment to existing Nepse by-laws, additional allowances and implementation of forced leave provision.[break]
Nepse by-laws have not been amended for the last two decades. Nepse employees at present have been enjoying stock exchange allowance ranging from Rs 1,600 to Rs 2,500 per month and uniform allowance once a year.
They have demanded the management to provide forced leave for additional five days and uniform allowance twice a year.
Amid mounting pressure from the employees, Nepse chairman Tanka Paneru and general manager Shankar Man Singh on the day met Finance Minister Surendra Pandey, Revenue Secretary Krishna Hari Baskota and other senior officials at the Ministry of Finance (MoF) in a bid to resolve the problem.
“We formally informed the finance minister and other senior officials at the ministry about the ongoing stir. As we have been advised to resolve the problem through dialogue, we are holding talks with the agitating employees on Wednesday,” Singh told Republica. He also said the employees brought stock trading to a complete halt on the day.
The employees have been disrupting other administrative works at Nepse for the past eight days.
The Nepse board on Dec 6 had decided to address the demands put forth by the employees and immediately forward them to MoF for its consent.
“Implementation of the board decision has been delayed, as we haven´t got MoF´s consent so far,” Singh said.
Bagmati Labor Office has also directed Nepse board to implement the decision immediately.
Bhesh Raj Khanal, president of Nepse Employees´ Association, said they would continue to shut Nepse´s main server unless their demands are not addressed.
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