Nepal is one of the high remittances recipient countries in the world. Remittance income is one of the major sources of capital formation in the context of Nepal. It is directly related with the labor migration in a country which in return enhances foreign employment.

Remittances have become a major contributing factor to increasing household income as well as country’s GDP. About 30 percent of Nepal’s GDP comes in the form of remittance money which is sent home by Nepalese working abroad and it helps to reduce country’s poverty rate.

In this episode of Banking Bahas, we have talked with our guest Mr. Sanjaya Sigdel CEO of Surya Remit Pvt. Ltd. regarding importance of remittance in country's economic and overall growth. Further, we have also talked with our guest about how the remit companies in nepal are playing huge role on receiving remittance from abroad through legal channel and how can it be included with the digitization process.

Presenter: Manoj Regmi

Guest: Sanjaya Sigdel CEO, Surya Remit Pvt. Ltd. & General Secretary, NRA

About Guest

Mr. Sanjaya Sigdel is the Chief Executive Officer (CEO) of Surya Remit Pvt. Ltd. which is working in Small Business, Money Changers business activities. He is working with Surya Remit Pvt. Ltd. which is the subsidiary/partner company of Western Union Financial Services for more than 12 years.

#remittance #economy #SuryaRemit #legalchannel #bankingsamachar #bankingbahas #interview #growth #WesternUnion

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