Nepali Times
From The Nepali Press
New Nepal?



For the past few years, no one has dared to invest in Nepal. Foreign investors have gone to Africa or south-east Asia. Politicians must be aware of this, but they have done nothing to attract FDI. There is capital flight. This country is headed towards financial disaster. Insecure investments have discouraged businessmen from putting money into industry or agriculture and others are pulling out even from the investments they made. Labour problems have now become a threat to industry. Instead of focusing on increasing productivity and earnings, workers are creating anarchy in the name of rights. If the political parties themselves seem to be using the policy of inciting workers to tackle businessmen, why would anyone be interested in investing here?

Unless there is more investment, we won't be able to create jobs here. Three tea companies in Hile, Dhankuta, which were already running at a loss, have now closed down because of threats and occupation by militant workers. The lockups seem to worry neither the government nor the political parties, who are on a mission to make a new Nepal.

At this rate, the question seems to revolve not around building a new Nepal but whether Nepal can continue to exist or not. If we are actually going to save and build a new Nepal, this anarchy has to be dealt with firmly.



LATEST ISSUE
638
(11 JAN 2013 - 17 JAN 2013)


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