Business Leaders in Biratnagar Discuss Private Sector Challenges Amid Policy Instability and Negative Perceptions
Summary
Business leaders in Biratnagar convened to discuss challenges faced by the private sector including policy instability, societal negativity, and political violence, emphasizing the need for stability and trust to foster investment and economic growth.
Key Points
- Business leaders in Biratnagar expressed concerns over political violence and vandalism hindering industrial investment.
- Negative societal perceptions of profit-making discourage new investments despite legal compliance.
- Policy instability and corruption force the private sector to seek political patronage, which is unhealthy for democracy.
- Speakers urged for stable economic policies and dialogue to rebuild trust and empower the private sector.
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