KATHMANDU: The Federation of Nepalese Chambers of Commerce and Industry (FNCCI) has expressed serious concern over remarks made by Minister for Industry, Commerce and Supplies Damodar Bhandari regarding industrialists and business owners.
The federation stated that the minister’s comments, made during a meeting of the Industry Committee of the House of Representatives on Wednesday, were irresponsible and objectionable.
The FNCCI noted that at a time when the focus should be on ensuring smooth supply of LPG to consumers, the minister’s suggestion that gas supply issues would not be resolved until industrialists are disciplined was regrettable.
The federation pointed out that gas transportation is currently hindered by landslides on the Prithvi Highway following floods in the Bhotekoshi region. It argued that such remarks undermine the morale of the private sector, which has been collaborating with the government to supply essential goods during the disaster.
The federation stated that such public accusations damage the trust between the government and the private sector. It rejected the minister’s suggestion that there are too many gas industries and that some should be shut down, describing the view as unrealistic. The FNCCI emphasized that the government should act as a facilitator and regulator, focusing on protecting investments and creating a competitive business environment rather than blaming the private sector.
The FNCCI also addressed the minister’s comments regarding alleged collusion between the bureaucracy and the private sector during the legislative process. It argued that consulting stakeholders during policy formulation is necessary and should not be misconstrued. The federation noted that the minister’s own admission that doing business in Nepal is difficult confirms existing challenges, urging the government to prioritize administrative and policy reforms instead of scapegoating businesses.
Furthermore, the FNCCI reiterated its long-standing demand for a two-tier customs duty difference between raw materials and finished goods to boost domestic production. The federation stressed that the government and the private sector are partners in economic development, not competitors. It called for mutual respect, trust, and continuous dialogue to navigate the current economic crisis.
