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Bhavani Rana, the former president of the Federation of Nepal Chamber of Commerce and Industry, has said that the investment will sink, policies will change, policies will not be implemented and due to the shrinking market, businessmen are unable to expand their investment. In the fourth session of 'Power of Lumbini' organized by Kantipur Media Group on Wednesday, she said that she could not increase investment due to unstable policies in 'Economy and Politics in Confusion'.
She said, "A policy should be stable for at least 15 to 20 years." When changing the policy, businessmen who have invested in that area should be informed . She said that the implementation of laws and policies from the
ordinance has also been questioned. "We bring good policies, but the implementation level is very weak, even in that, the environment has not been created yet," she said.
Recently, she told that the private sector has become a leader. ''During the corona epidemic, our economy was able to sustain due to the monetary policy,'' she said, 'even though there was no stable government, there was excitement in the private sector when the two big parties came together to form the government by prioritizing the economy for the economic development of the nation. But the situation in the private sector is in a downward and difficult position.'
'Banks are waiting to give loans . But no one has gone to take a loan, the businessmen have not been able to pay the previous loan even by selling the property . How to get a new loan when it is difficult to operate the existing business?'
She also told that it is a matter of interest that there is no investment from India or international companies. "Despite the Indian government's investment in water resources, the private sector's investment has not come," she said. There are also many difficulties in the coordination between the government, the province and the municipality. There has to be uniformity in that too.'
Even if federalism comes to decentralize power and development, but it cannot be implemented, businessmen are in a position to invest or not. "The business is also operating at 30 to 40 percent capacity, the cost of doing business is expensive, it should be reduced," she said, "It is easy to bring in not only internal but also external investment."
