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“The government shouldn’t issue poverty certificates to the Nepali people. There should be a gradual end to poverty. We are ready to share the responsibility if the government creates the right environment.”Hari Bhakta Sharma, Senior Vice President of Confederation of Nepalese Industries (CNI) and Executive Director, Deurali-Janta Pharmaceuticals, while announcing the company’s plans to develop at least one remote district, invest in hydropower, and run a university, if the government provided necessary support. Sharma made the remarks on the occasion of the 24th Anniversary of the company.
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‘‘There is no need for foreign investment in the liquor industry.’’Ramesh Shrestha, President, Nepal Beverage & Cigarette Industries Association
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“The main problem facing the cement industries run by the state as well as the private sector is the lack of a clear law on mines.”Arun Raj Sumargi, Founder of Muktishree Group
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‘‘In Nepal, bank’s interest rate has come down by five percent in recent times. But why doesn’t the investment increase?’’Shovan Dev Pant, CEO, Lumbini Bank arguing that the high interest rate is not the reason for low investment.
