Oli stresses industrialisation, job creation

Kathmandu, February 11

As the country has been relying heavily on remittances to stabilise its macro balance the new government will likely prioritise industrialisation to boost productivity and create jobs in the country. CPN (UML) Chairman KP Sharma Oli, who is portrayed as the prime minister in waiting, today stressed the need for ending the trend of dillydallying during the process of establishing industries to address the supply side constraints and provide employment opportunities for youths in the country.

“The time has come now to start working on important things promptly for the development and prosperity of the nation and we must get rid of the ‘wait and see’ trend,” he said. Addressing the inaugural ceremony of the 37th National Management Convention of the Management Association of Nepal (MAN), in Kathmandu, Chairman Oli said there is no alternative to implementing new systems with experiences gained on the way.

“We should accelerate our pace to achieve our political and economic goals. Our aspirations, needs and plans should be aligned with development and prosperity,” Oli stated.

Nepal has gradually turned into an import based economy as domestic industries cannot compete with cheaper imported goods. Oli, during the inauguration of the convention of management professionals, added that there is a need of efficient management in each sector to take the country’s economy forward.

The convention concluded with the distribution of the manager of the year award for good management practices. The ‘Best Manager of the Year’ award for this year has been conferred on President of F1Soft International Biswas Dhakal and ‘Outstanding Manager Award’ on Kamini Rajbhandari, managing director of Nepal Telecom.

Deputy Prime Minister Bijaya Kumar Gachhadar handed over the awards to the winners. Dhakal is the founder of F1Soft International, which has been working in the information communication sector since 2004. F1Soft is involved in designing e-payment system, software for mobile banking and internet card management system, among others. Similarly, Rajbhandari has been serving in Nepal Telecom since the last three decades and she is now at the helm of the organisation.

In the award ceremony, Deputy PM Gachhadar emphasised that politicians should have better knowledge of management to drive the nation on the right track. Sushil Bhatta, president of MAN, underscored the need for efficient management for effective results in each sector and urged the government to invest in human capital.