Federation of Nepalese Chambers and Commerce and Industries (FNCCI), the apex body of Nepali private sector is holding its 41st annual general meeting (AGM) at Birendra International Convention Centre (BICC), in Kathmandu from today. The meeting will last till tomorrow.
The private sector has a major role in the economic development of any country,
but Nepali private sector has been a easy pray to anyone. While inaugurating the AGM speaker Subas Chandra Nembang assured the business community of solution to their woes. But the problems of Nepali private sector seem endless from security to transportation to regular supply of electricity to labour unions and many more.
They, first and foremost, want the law and order situation to be improved and security at the earliest for the industries to run smoothly. If the industries are closed the job opportunity they are offering will also end giving rise to unemployment. Though the government's key agenda is Constituent Assembly election, it can not but stay silent on
the economic issues also. The business community wants a common minimum agenda of all the political parties, which is justifiable. Business and Economy only can creat a just society, otherwise the rising unemployment will result in yet another bloody revolt. The need of the day is to address business community's concern and provide them security and the environment to operate their business smoothly, encourage the people to use the national products (though it may sound against the free market economy, the government must do something to protect them.) FNCCI on its part should also act more professionally and lobby for the industrial growth. They must build competitiveness as they have to compete domestically and internationally in the open global market regime.
The private sector has a major role in the economic development of any country,
but Nepali private sector has been a easy pray to anyone. While inaugurating the AGM speaker Subas Chandra Nembang assured the business community of solution to their woes. But the problems of Nepali private sector seem endless from security to transportation to regular supply of electricity to labour unions and many more.
They, first and foremost, want the law and order situation to be improved and security at the earliest for the industries to run smoothly. If the industries are closed the job opportunity they are offering will also end giving rise to unemployment. Though the government's key agenda is Constituent Assembly election, it can not but stay silent on
the economic issues also. The business community wants a common minimum agenda of all the political parties, which is justifiable. Business and Economy only can creat a just society, otherwise the rising unemployment will result in yet another bloody revolt. The need of the day is to address business community's concern and provide them security and the environment to operate their business smoothly, encourage the people to use the national products (though it may sound against the free market economy, the government must do something to protect them.) FNCCI on its part should also act more professionally and lobby for the industrial growth. They must build competitiveness as they have to compete domestically and internationally in the open global market regime.
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