CNI establishes Think Tank

Kathmandu, Oct. 27:

Confederation of Nepalese Industries (CNI) has established CNI-Think Tank.

CNI president Hari Bhakta Sharma informed that the Think Tank was formed to suggest on policy formulation and advocacy, and create trust and understanding between the government and private sector in order to attract investment in industrial sector and expedite the process of economic development.

He expressed confidence that the Think Tank would assist CNI in multiple fronts.

The Think Tank is coordinated by the former Permanent Representative of Nepal to the United Nations Prof. Dr. Shambhu Ram Simkhada and constitutes of former Finance Minister Shankar Prasad Koirala, former minister Umakanta Jha, former vice chairman of the National Planning Commission (NPC) and Ambassador to the United States Shankar Sharma and former NPC vice chairman Prof. Dr. Govinda Raj Pokharel.

Similarly, other members of the Think Tank are Dr. Bindu Lohani, Purushottam Ojha, Krishna Gyawali, Kishor Thapa, Suresh Man Shrestha, Prof. Dr. Subash KC, Himalaya Thapa, Dr. Govinda Prasad Thapa, Prof. Dr. Mina Vaidya Malla and Dr. Bishwo Poudel.

CNI informed in a press statement that the Think Tank would work to create investment environment in the country and apply innovative concepts to attract investment.

 "The objectives of forming the Think Tank is to establish 'economy first' concept, provide neutral and professional suggestions to the government in policy formulation, and help CNI to run advocacy campaigns for the development of private sector," read the statement.