Governor of Nepal Rastra Bank (NRB)
Dr. Chiranjibi Nepal Friday said that resource management and allocation were the
keys to development.
“Any country that can manage
resources will develop faster. But we have failed in managing our resources,”
he said while addressing the 36th National Management Convention and
Annual General Assembly of Management Association of Nepal (MAN).
He also said that Nepal had failed in defining what
were good or bad for its economy.
Former governor of the NRB and
vice-chairman of the National Planning Commission (NPC) Deependra Bahadur
Kshetry cited lack of complacency, work ethics, national values, weak
governance, political uncertainty and corruption as the constraints to growth.
He urged the government to manage
the Poverty Alleviation Fund (PAF) under the Ministry of Cooperatives and
Poverty Alleviation.
First vice-president of MAN Sushil
Bhatta said that the line ministries should develop plans for the concerned
sectors instead of the NPC.
Professor of the Tribhuvan
University Dr. Sateesh Kumar Ojha said that the education philosophy should be
changed, and there should be more focus on practical activities.
“Government and other stakeholders
should pay attention to developing entrepreneurship, and programmes should be
executed for incubation, mentoring and orientation of young entrepreneurs,” he
said.
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