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Stability must for prosperity: FNCCI President Golchha

Khabarhub

February 24, 2021

2 MIN READ

Stability must for prosperity: FNCCI President Golchha

President of the Federation of Nepalese Chamber of Commerce and Industries Shekhar Golchha (File Photo)

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KATHMANDU: President of the Federation of Nepalese Chamber of Commerce and Industries (FNCCI) Shekhar Golchha has emphasized the need of stability for the prosperity.

Inaugurating the FNCCI Parbat chapter’s 28th annual general assembly and 17th convention in Parbat on Wednesday, President Golchha reiterated that the stable government and political stability could only enable favorable environment for prosperity.

There were tremendous potentials for various indicators of the economic development in the country, Golchha said, lamenting that there was however lack of investment and the risk could rise due to instability.

“Until and unless the political parties unite for economic advancement of the country, nobody would be interested to invest in the industries,” he observed.

He viewed that the State should promote the investors and ensure their security besides the investment.

Similarly, FNCCI Senior Vice-President Chandra Dhakal admitted that the FNCCI was always active to safeguard the entrepreneurs.

According to him, the private sector is the major partner to the State on its prosperity campaign.

Arguing that there would not be dearth of investment if the State was to take responsibility, he stressed on investing in tourism, agriculture and industries to usher the country towards prosperity.

Likewise, District Coordination Committee Parbat’s President Manohar B Poudel spoke of the need for embracing three-pillar formula (promoting human capital, building physical infrastructure and ensuring good-governance) for advancing the economy.

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