Himalayan Bank Limited (HBL) and the Society of Economic Journalist of Nepal (Sejon) have signed a Memorandum of Understanding (MoU) to provide annual “HBL Sejon Economic Journalism Fellowship to encourage journalist in in-depth reporting on economic issues.
Himalayan CEO Ashoke Rana and Sejon President Gokarna Awasthi signed the MoU on Sunday.
The fellowship of Rs 50,000 will be awarded to four economic journalists — one each from newspapers in English and Nepali categories, radio/television, and online media category on an annual basis.
An independent three-member jury under the coordination of the president of Sejon will prepare an action plan to operate the fellowship. HBL will have one representative, whereas the Sejon executive committee will select one member form the pool of past presidents.
Speaking during the MoU signing ceremony, HBL CEO Rana said that this initiative was taken by the bank to promote economic journalism in the country, which has been playing an effective role to build the understanding of common people on economic issues. “This is our academic partnership with SEJON and we always respect free, fair and professional journalism.”
Also speaking in the programme, SEJON President Awasthi highlighted that the partnership with HBL for the fellowship award is a purely academic tie-up, which will further enhance the capacity of economic journalists.