Nepalekhabar.com

Efforts made by entrepreneurs, Prachanda-Cabinet and policy makers for focusing on economy following formation of elected government in post- CA –poll times could be termed a right approach. The economic summit and speeches delivered on the occasion clearly point out the relevance of the same. The country would not be able to have social economic transformation without appropriate emphasis on the agenda.


The ailing economy that is surviving in the country at present has a very pathetic story of government negligence, financial indiscipline, misunderstanding between labour and management, insecurity for industrialists and business persons, demotivation of bankers, entrepreneurs, and closed industries. The saga of electricity, fuel and other supporters of economic powerhouse such as infrastructure like road and market do not have a promising side.

Politicos – ruling and opposition – have not yet learnt the art of mobilizing people democratically without disturbing economic activities in any way. This has victimized the economy directly and indirectly in a multi-dimensional manner. The latest incidents of famine in some hilly districts and Koshi flood have further damaged the productivity of economy.  


As a top politico presiding over Nepali economy in the Republic of Nepal he should be able to gain confidence from the entrepreneurs, public authority and others. Proper planning for attaining the dream of double digit growth has to begin today; high speed work along the line should be maintained without break of any sort every day from now on.

If this could not be done, “the economic miracle” that Bhattarai talked while addressing the concluding function of the Summit would remain beyond reach. Or, the target of raising investment to the 400 billion rupee level for boosting average monthly income to12,000 rupees cannot be translated into a reality. Leaders of Nepali Industries (CNI) and Business including CNI Chair Binod Kumar Chaudhary are conscious of this. Newly appointed NPC Vice- Chairman Dr. Pitambar Sharma understands what it means. Economists and other key actors of economy are familiar with it.


Prime Minister Prachanda and Dr. Bhattarai, with trust of front-runners of the economy could make a difference in times to come. All donors have stood by the Maoist-led government and have pledged continuity of foreign aid. Armed with such backing, the revolutionary leaders have a great opportunity to play a really driving force for bringing about a meaningful change in Nepali economy.

This is what Nepalis are looking forward to, today.