Madhukar Shamsher Rana

Madhukar Shamshere Jung Bahadur Rana (Nepali: मधुकर सम्शेर राणा) (19 July 1941 – 16 October 2019) was a Nepalese development economist,[1] who served as Minister of Finance of Nepal in 2005,[2] and was Professor of economics at the South Asian Institute of Management in Nepal.[3] He was a member of the Rana dynasty of Nepal.

Madhukar SJB Rana

He was the founder of the first finance company in Nepal called Nepal Finance Company Ltd. (NEFINSCO).

When he was the General Manager of the government owned National Trading Limited in the early '70s, he left the company with a USD 5 million profit on its books, the only GM of National Trading to ever do so.

References
  1. McMaster University website
  2. Budget Speech of the Fiscal Year 2005/2006 Archived 16 July 2009 at the Wayback Machine
  3. SAIM website

Further reading
  • Rana, Madhukar Shumshere (2021). An Alternative Development Paradigm for Nepal. Vajra Books. ISBN 978-9937624077.


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