It is neither possible nor practical for the state to invest in all sectors. Therefore, state investment is expected only in education, health, and specialized sectors. Alternatively, private investment is invited from traditional to new sectors with potential for profit. An environment is created for that.

In a country where private investment is open, easy and secure, citizens can be more creative. They can think about trade and business. They can explore new areas of investment.

They can study the investment trends in other countries and imitate them in the country. In our country, the private sector has not been able to make significant progress due to the failure to create a proper environment. As a result, economic growth is also slow. As citizens of poor countries, a sense of inferiority complex is being passed down from generation to generation. To break this cycle, the state, private sector, political parties and ordinary citizens need to think seriously and increase cooperation with each other.

It has been only three and a half decades since the private sector was encouraged in Nepal. The first decade since then was spent in armed conflict and the next decade in a period of transition. The private sector felt relief after the promulgation of the constitution in 2072. The long series of political instability and unpredictable policy changes did not end.

The political leadership also did not make economic development the main agenda. In a country where economic development is not given priority, it is natural for the private sector to be neglected. The private sector's suffering is not limited to this. They have had to face attacks and arson on trade and business. They have had to endure personal insults.

The vandalism and arson of commercial centers, large-investment hotels, and manufacturing centers during the Gen-G movement are the latest references. On the one hand, the state is unable to invest, and on the other hand, the private sector is facing insecurity. All this is having a negative impact on everything from employment opportunities to capital creation.

The government is only able to provide employment to about 3,000 to 3,500 people annually. The areas where the government provides employment are limited. Of course, this happens all over the world. Therefore, the state creates an environment for the private sector to flourish. In a country where the private sector flourishes, the number of jobs and sectoral options are also available. In Nepal too, the private sector contributes 86 percent of the total employment.

If an environment is created for the private sector to flourish, more employment opportunities will be created. That will increase the economic status of both the individual and the state. Overall, in a country where the private sector is thriving, it is making positive contributions to many areas including capital formation, employment creation, gross domestic product, and economic growth. With economic development, the country's confidence increases. Its reputation in the international community and forums increases. This is the path followed and the strategy adopted by countries that have made rapid economic progress. This is also the path we need to follow.

At this time, the morale of the private sector has weakened. The policies of the state and the priorities of political parties have not been able to alleviate the pain of the private sector. As a result, the amount of loans that can be given (excess liquidity) in banks and financial institutions, which has been increasing since two and a half years ago, has continued to rise towards its peak. As of 23 Mangsir, such amount in banks and financial institutions has reached 1.1 trillion 22 billion.

Even when bank interest rates have fallen to an all-time low, the private sector is not ready to take loans and invest. Even the general rule of the economy that credit increases when interest rates are low has become irrelevant. In such a situation, the state and political parties must play a role. They must ensure the security of the private sector. An investment-friendly environment must be created for the expansion of enterprises and entrepreneurship. Policy initiatives should be taken to keep the economy moving. There should be unanimity on the issue of looking at and protecting the private sector. Only that sends a message of policy stability.

When the private sector flourishes, everyone from the state to the citizens can benefit. If someone invests and increases production, the state receives taxes. If the state is financially strong, it can provide services to the citizens. It can provide development infrastructure. It can provide relief in times of difficulty. It can do many public welfare works. When the private sector flourishes, citizens also get employment. This also increases their economic and social status.

It becomes easier to consume various goods. From basic necessities to luxury items, one can purchase them. However, the way we view and behave towards the private sector is found to be very narrow.