”The network of bribery, party-based levies, and commissions is not tolerated. We do not accept looting in the name of democracy. Those who harass honest entrepreneurs and manipulate policies should not be allowed to flourish.”
We use Google Cloud Translation Services. Google requires we provide the following disclaimer relating to use of this service:
This service may contain translations powered by Google. Google disclaims all warranties related to the translations, expressed or implied, including any warranties of accuracy, reliability, and any implied warranties of merchantability, fitness for a particular purpose, and noninfringement.
Prime Minister Sushila Karki has said that the damage caused to the industrial and commercial sectors by some unruly groups, taking advantage of the statelessness in the backdrop of the 'Gen-G' movement, is unacceptable to the government.
Addressing the 'National Economic Debate 2.0' organized by the Federation of Nepalese Chambers of Commerce and Industry in Kathmandu on Saturday, she assured that the government would spare no effort to provide immediate relief to the private sector, which has been devastated by the loss.
Stating that the government is committed to establishing the rule of law, Prime Minister Karki said that the government is working with all its might to guarantee security to the private sector. 'Infiltration, party-based levies and commission networks are not tolerated, looting in the name of democracy is not acceptable to us, those who harass honest entrepreneurs and manipulate policies should not be allowed to flourish,' she said, clarifying the message of the Gen-G movement.
Stating that good governance is a prerequisite for social justice and economic growth in any country, Prime Minister Karki said that the government is aware of the looting of state property under political cover, suspicions imposed on the private sector and the exploitative crisis system.
'The troubles and sufferings of businessmen are our troubles and sufferings. Industrialists and businessmen have not only paid taxes to the state, they have also shouldered the state's huge responsibility by ensuring employment and social security,' she said. 'Therefore, a country cannot be built without industry and business, the economy cannot recover until the morale of industrialists is raised, we are continuously collaborating to address the demands of the private sector.'
Informing that strong steps have been taken through Nepal Rastra Bank for the stability of the banking and financial sector, the Prime Minister said that policy complications are being removed to improve the business environment.
Prime Minister Karki said that the entire country is preparing for the upcoming elections to the House of Representatives on Falgun 21 and expressed confidence that the country will move forward in a sustainable democratic process through the elections. 'We are trying to create a suitable environment for that by raising hope that this is how it can be done,' she said.
Finance Minister Dr. Rameshwor Khanal clarified that the current government has started working from the first day to bring the private sector back to its previous state from the impact of the Gen-G movement. 'The government has been holding discussions with the private sector several times,' he said, 'The government is committed to be private sector friendly.'
Informing that tax administration services have been decentralized, he said that the government is committed to instilling confidence in the business world. 'The government is ready to provide services without causing any inconvenience to the business community,' he said.
Home Minister Omprakash Aryal said that the current government, which is working as the guardian of the common citizen, will address the concerns of the private sector. 'The country is now moving forward as a legal state, the government acts as a government of a legal state,' he said, 'The foundation of the economy should be strengthened, its organs should be protected, this is what the government is doing.'
Stating that the responsibility of maintaining the economy lies with the private sector, the Home Minister said that the government and the private sector should join hands in the prosperity of the country. "There was an infiltration of the Gen-G movement, criminal elements caused damage, but the state has addressed it," he said. "380 people have been arrested, 150 people have been prosecuted, and the government is providing full security to industrialists and businessmen."
Minister for Industry, Commerce and Supplies Anil Kumar Sinha said that the government has given high priority to amending the legal system that has become an obstacle to promoting the industrial environment. Informing that the ministry is making efforts to facilitate industrialists, he clarified that high priority will be given to the issues necessary to make the economy dynamic.
Chief Secretary Ek Narayan Aryal emphasized on creating employment in the country and eliminating the compulsion to go abroad for foreign employment in search of work.
Nepal Rastra Bank Governor Dr. Bishwanath Poudel urged the private sector to carry out business activities with high morale and confidence. 'Work with high morale. It was like an accident. After that, a legitimate government has been formed, you should take this opportunity positively and utilize it,' he said.
