NRN Asia-Pacific Deputy Coordinator Rakesh Prasad Mahato States Nepalis Abroad are Economically Empowered
Summary
NRNA Asia-Pacific Deputy Regional Coordinator Rakesh Prasad Mahato says Nepalis abroad are becoming economically empowered and are increasingly running businesses and investing in multiple countries. He urged the Nepali government to simplify company registration, tax, and approval processes to attract more diaspora investment into Nepal.
Key Points
- Rakesh Prasad Mahato says Nepalis abroad are no longer limited to migrant work and are now building businesses and wealth in countries such as Malaysia and the United States.
- He urged the Nepali government to create a simpler and faster investment environment so diaspora Nepalis will invest more in Nepal.
- Mahato said he has built businesses in Malaysia and invested in fish farming in Nepal, creating jobs in both countries.
- He argued that easier registration, tax, and approval processes would allow the diaspora to contribute more to Nepal’s development.
