By Ajay Chhetri, Kathmandu, Sept. 21: Finance Minister Janardan Sharma has advocated for considering people while taking an investment decision.
Addressing a program "Government Capital Expenditure and foreign direct investment in Nepal", organized jointly by the Central Department of Economics, Kritipur and Confederation of Bank and Financial Institutions Nepal, he said that common people should be taken into consideration while making the investment decision.
Presenting a paper in the programme, Associate Professor, Central Department of Economics, Dr. Ramesh Paudel, showed that the proportion of capital expenditure in the aggregate expenditure has been persistently diminishing in the last decade.
He also showed that there is a positive outcome of capital investment in the education and health sector.
Following this, presenting a paper on the "Attraction of Foreign Direct Investment" Shiva Adhikari showed that 89 per cent of the foreign direct investment inflows to Nepal due to low labor cost.
Executive Director of Nepal Rastra Bank Dr Prakash Kumar Shrestha stated that there are a need for investment in the three I's, i.e. infrastructure, information, and incentive.
Do not make expressions casting dout on election: EC
14 Apr, 2022CM Bhatta says may New Year 2079 BS inspire positive thinking
14 Apr, 2022Three new cases, 44 recoveries in 24 hours
14 Apr, 2022689 climbers of 84 teams so far acquire permits for climbing various peaks this spring season
14 Apr, 2022How the rising cost of living crisis is impacting Nepal
14 Apr, 2022US military confirms an interstellar meteor collided with Earth
14 Apr, 2022Valneva Covid vaccine approved for use in UK
14 Apr, 2022Chair Prachanda highlights need of unity among Maoist, Communist forces
14 Apr, 2022Ranbir Kapoor and Alia Bhatt: Bollywood toasts star couple on wedding
14 Apr, 2022President Bhandari confers decorations (Photo Feature)
14 Apr, 2022