He even charged the government of intentionally ignoring the private sector in policy consultations. [break]“The government talks about economic revolution. How will that happen if it does not hold dialogue and consultations with the private sector?” Vaidya wondered.
Vaidya, who was in Chitwan to inaugurate a branch of Jyoti Development Bank (JDB), said the country´s poor development performances were due to apathy of the state in incorporating views of the concerned stakeholders.
“Economic transformation will be possible only when policy aptly tackles existing shortcomings. For that to happen, there must be due consultations with the private sector,” Vaidya said, urging the government to consult and incorporate views of the private sector in the new fiscal and other economic policies.
He also said the new policies adopted for banks and financial institutions were not private sector friendly. Referring to the lack of consultations with concerned stakeholders so far, he even argued that the proposed policy on land will not be private sector friendly.
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