header banner

Open market economy will be promoted: Dahal

alt=
By No Author
KATHMANDU, Aug 1: UCPN (Maoist) Chairman Pushpa Kamal Dahal has said that his party was committed to the norms and values of the open market economy.

Receiving a memorandum submitted by Federation of Nepalese Chambers of Commerce and Industry (FNCCI), Nepal Chamber of Commerce and Confederation of Nepalese Industries today, the former prime minister said that the public private partnership modality would be taken ahead and open market economic would be inscribed in the new constitution.


He urged the private sectors' representatives not to worry with the term socialism and added that the political parties in Nepal were convinced to the role of the private sector for the country's economic prosperity.

Stating that the Nepali Congress, CPN-UML and UCPN (Maoist) were forwarding the socialism on their own modality, Dahal argued that support of all sides was expected for political stability and change.

Dahal was of the view that the country would naturally enter into socialism after full-scale development of industrialization and political process would also take shape accordingly.

The UCPN (Maoist) Chairman also said that support of all was needed to complete the ongoing constitution writing process and hailed the supports of the business community for providing feedback in the draft constitution.

On the occasion, the three organizations of the private sector put forth their demands for liberal market-oriented economy, social security and labor flexibility and others in the new constitution.

After submitting the memorandum, FNCCI President Pashupati Murarka said that the laborers should not be involved in the management as their involvement would result in disturbance in labor relations. RSS



Related story

Understanding Stock Market

Related Stories
ECONOMY

Prime Minister Dahal presents rosy picture of econ...

PRO_KTM_PRACHANDA_6F8A8876_20231227075446.jpg
ECONOMY

Nepal's informal economy is 41 percent of GDP

1706232152_Artha_economic-1200x560_20240126213032.jpg
Editorial

Jumpy stocks

Jumpy stocks
SOCIETY

Five SSPs promoted to DIG

nepal police.jpg
SOCIETY

262 Sarlahi police personnel promoted

1649511471_nepal-police-pramotion-696x361-1200x560-wm_20220410123019.jpg