Senior Vice President of FNCCI Chandra Prasad Dhakal suggests entrepreneurs to use single digit interest rates


19th Mar, 2021 | Tourism Mail Crew


KATHMANDU, March 19: Chandra Prasad Dhakal, Senior Vice-President of the Federation of Nepalese Chambers of Commerce and Industry (FNCCI), has suggested the Nepalese entrepreneurs to use the single digit interest rates of Nepal's banks and financial institutions and increase investment in industrial and commercial activities.

Addressing the oath taking ceremony and handover meeting of the Birtamode Chamber of Commerce and Industry as the Chief Guest, he said, "I urge the business friends of Nepal to make good use of the single digit interest rate in Nepal and increase investment in economic activities."

"Now is the time to invest in business activities and help sustain industry, so we can all benefit from this policy now," he said. Senior Vice President Dhakal said that the Federation of Nepalese Chambers of Commerce and Industry has lobbied with the Government of Nepal and Nepal Rastra Bank for the interest rate.

Senior Vice President Dhakal also said that businessmen from Jhapa or any other region or district of the country should explore the local possibilities and opportunities there. He said, "For the growth of business and economic activities and for the development and expansion of entrepreneurship, we, the entrepreneurs, should look for opportunities and possibilities at our local places and levels as well. Entrepreneurship is the only way to develop the country."

He said that the new leadership of the Federation of Nepalese Chambers of Commerce and Industry (FNCCI) has adopted a policy of moving ahead with the 'Vision 2030' paper by determining the needs and priorities of the country's private sector.