Sunday, February 25, 2018

‘Nepal needs productivity, formality, connectivity’



Kathmandu, Feb. 24: Former Vice-Chairman of the National Planning Commission Swarnim Wagle said that Nepal need to give priority to enhancing productivity, formality and connectivity.
“Should the country achieve development goals at the faster rate, high-end technology should be applied, technology transfer should be promoted in agriculture, tourism and industry sector and production cost should be lowered,” he said addressing ‘CEO Unplugged 2018’ conference on Saturday.
Similarly, he said that formalizing informal sectors would promote decent wages, job security and dignity, and will strengthen the tax base of the country. It will have positive impact on social protection.
According to him, there should be physical connectivity such as roads, railways and aviation, as well as digital connectivity to support business and investment.
Founder of Mahato Group of Industries, Upendra Mahato mentioned that the changing innovations should be local and the major change should be global.
"Your thought of change should always be constant but honesty, labour and dedication will always lead you to the door of success,” he said.
Chairman of the IME Group Chandra Dhakal said that an entrepreneur should focus on how the product of a certain service will be received by the consumer, should learn about the expectation of a government from the enterprise, and if the business motive gets fulfilled or not.
The event was organised by Glocal Pvt. Ltd. in collaboration with King’s College.

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