Kathmandu: The business leaders from the private sector have vowed revival, while expressing sorrow over the loss in the industrial and commercial enterprises during the Gen-Z protest taken place on September 8 and 9.
During a meeting with Prime Minister Sushila Karki on Sunday, the business leaders mentioned that they would rise again with new vigour.
The private sector witnessed a serious setback from vandalism and arson, President of the Federation of Nepalese Chamber of Commerce and Industry (FNCCI) Chandra Prasad Dhakal said. “As per the preliminary estimates, the total damage is around Rs 80 billion to Rs 100 billion. But, we won’t remain idle by being disappointed, will rise again,” Dhakal said.
He shared the vandalism and arson are not merely impacts of the protests. The lootings and arsons were carried out deliberately, he asserted, demanding that those involved in vandalism and arson must be booked immediately.
Also speaking at the event, Chair of the Confederation of Nepalese Industries Birendra Raj Pandey stated that the private sector has suffered the worst in every movement. “Against this context, special subsidy and concessional loan are needed to boost up confidence of the private sector,” Pandey reminded.
Likewise, Chair of the Federation of Nepal Cottage and Small Industries Umesh Singh, informed that almost 500,000 small and cottage industries out of total 900,000 in the country were not renewed and asked to waive off the renewal fees for once for such industries.
Similarly, President of the Nepal Chamber of Commerce, Kamalesh Agrawal, suggested that the government that it unveiled a special integrated security plan to safeguard industrial property and develop confidence for investment.
He was of the view that the current situation has marred both the investors and industrialists. On the occasion, President of the Federation of Contractors’ Association of Nepal, Rabi Singh, viewed that this government should initiate a campaign for a corruption-free environment in the country along with the preparations for elections.