Kathmandu, June 17
A
memorandum of understanding (MoU) has been signed between the Nepal Association
of Financial Journalists (NAFIJ) and Rajesh Kumar Agrawal – President of the
Confederation of Nepalese Industries (CNI) and Executive Director of RMC Group
– for the ‘Shrawan Kumar Agrawal NAFIJ Fellowship’ on Tuesday.
They
agreed to establish an endowment fund of Rs. 700,000 for the fellowship. The
MoU was signed by NAFIJ President Menuka Karki and Agrawal.
Agrawal
had announced to establish the endowment fund for the fellowship in memory of
his late father during the 15th Annual General Meeting of Nafij held
in December last year.
Shrawan
Kumar Agrawal died in August last year. He was a senior industrialist – founder
of RMC Group - and Constituent Assembly member. He also served as the chairman
of Marwari Sewa Samiti.
This
will be the first endowment fund to be established at NAFIJ for awarding a
fellowship.
According
to the agreement, President Agrawal will personally contribute Rs. 700,000 to
the endowment fund. NAFIJ will provide an annual fellowship of about Rs. 50,000
to one financial journalist from the fund. The fellowship will be awarded for
investigative reporting in economic journalism, as mentioned in the agreement.
NAFIJ will also assign a mentor to the fellowship recipient.
Agrawal
expressed his belief that this initiative would further encourage financial
journalists. Likewise, Karki said that the fellowship will be implemented from
the upcoming fiscal year 2025/26.
Published in The Rising Nepal daily on 18 June 2025.
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