FNCCI officially calls off the SGM

Kathmandu, Nov. 14

The Federation of Nepalese Chambers of Commerce and Industry (FNCCI) has officially decided to call off the Special General Meeting scheduled for Friday  November 15.

The Executive Committee Meeting of the FNCCI on Thursday had decided to cancel the meeting that was said to be organised to amend the provision in the statute of the organisation that allowed the senior vice-president to be automatically elected to the post of the president.

The meeting has endorsed the decision of the Standing Committee of the organisation which was made last week. If the statute was amended as it was proposed, it would have stopped Senior Vice-President Shekhar Golchha from becoming the president of the FNCCI although he was elected to the current post as the future leader of the organisation.

Likewise, the meeting has again decided to move ahead with the social security plan and Socual Security Fund as proposed by the government.

"We will make further move regarding the social security issue after discussing with the member organisations, district and municipal chamber of commerce and industry, commodity association and associate industries at the earliest," said the FNCCI, in a statement.

FNCCI, though in abstract terms, said that the government attitude towards the business community might have adverse impact on the domestic and foreign investments in the country.

It drew the attention of the government towards showing respectful behaviour to the businessmen and said that it expected the same from the other stakeholder agencies.

The meeting appointed former government secretary Dharanidhar Khatiwada as the Director General of the organisation. 

Published in The Rising Nepal daily on 15 November 2019.