MP Kandel Stresses Security and Profit for Investment in Remote Areas
Summary
MP Pushparaj Kandel says commercial investment in remote areas needs capital security, profit assurance and better market conditions. He also calls for clearer implementation of hydropower-related concessions, revenue sharing, and local benefit distribution.
Key Points
- Pushparaj Kandel says private investment will not flow into remote areas without security for capital, assured returns and market access.
- He urges the government to implement hydropower-related legal provisions clearly, including benefits worth 100 per unit and concessions promised to the sector.
- Kandel says project security has both technical and local dimensions, with dissatisfaction among affected communities and rent-seeking creating obstacles.
- He calls for policy reforms to resolve delays and complexities in revenue and royalty distribution among federal, provincial and local levels.
