”Countries based solely on agriculture have never progressed. Point out the need for timely and correct policies and regulations to transform an agrarian economy into an industrial economy.”
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Former Prime Minister Baburam Bhattarai has said that the focus should be on practical implementation rather than being limited to unnecessary formalities when it comes to development and prosperity.
Speaking at a program for cooperation for peace, stability and prosperity organized in Kathmandu, Bhattarai commented that the discussions held at expensive star hotels at a cost of millions of rupees have not yielded the expected results. ‘I have been hearing about what to do and how to do it for 20 years.’ I have also been saying, ‘Now the focus should not be on ‘what to do’, but on ‘how to do it.’
He compared the country’s economic situation to a disease and said that a solution is not possible without identifying the problem. ‘What is the disease? Why has it happened?’ He said, ‘The country should be seen in relation to time. How developed countries got there should be calculated.’
According to Bhattarai, Nepal is currently about a hundred years behind other countries in terms of development. ‘Countries based solely on agriculture have never progressed,’ he said, ‘We need timely and correct policies and regulations to transform the agrarian economy into an industrial economy. If the state, community, and private sector move forward with a clear policy that encompasses all sectors, a big leap can be made in a few years.’ Bhattarai stressed the need to provide facilities to the private sector, noting that in developed countries, the state itself has a practice of encouraging the private sector by setting up companies. He said that discussions are also needed on the issue of bringing in investment. ‘Instead of sending workers, we should be able to bring in capital,’ he said, ‘Let’s pay attention to policies related to property, land, and banking.’ He said that a system is also needed for the state and community to take land and give it to individuals for land use.’ He said that a system is also needed for the state and community to take land and give it to individuals for land use.
