9-point election govt proposal draws flak from private sector

The widely criticized nine-point draft proposal to form an election-government under the leadership of the sitting chief justice has also drawn flak from the business community.
"We have serious objections over the move by major political parties as the proposal does not clearly incorporate issues of economic development," said Suraj Vaidya, the president of the Federation of Nepalese Chambers of Commerce and Industry (FNCCI).
Major political parties have been holding a series of meetings to lay grounds for constituting an election government under the premiership of sitting chief justice Khil Raj Regmi.
Vaidya, who was addressing a press meet on Thursday in the capital, also voiced concerns over the indifference of political parties toward the worsening economic situation of the country.
Different business associations have echoed the voice of FNCCI, the apex organization of the Nepali private sector.
Nepal Chambers of Commerce, Federation of Contractors´ Association of Nepal (FCAN), Confederation of Nepalese Industries (CNI) and Nepal Bankers´ Association, among others have expressed their dissatisfaction over the fresh political development.
"The private sector is intimidated by forceful donation demands of the political parties and their sister organizations. Amid this disappointing situation, the fresh step taken by the political parties is irresponsible," Bhaskar Raj Rajkarnikar, the senior vice-president of the FNCCI, said.
Urging political parties to be serious about the country´s deteriorating economic situation, FCAN President Jaya Ram Lamichhane stressed the need for political parties to move ahead with preparations for an election that would lay grounds for economic development.
Vaidya also said that keeping the private sector intimidated might further devastate country´s condition.
Stressing the need for formulating a common minimum economic agenda for the country, Vaidya also said the political parties should join hands with the private sector to increase the pace of economic development.
"We have been requesting the political parties to agree on common minimum economic agendas and bring the country´s a budget on time no matter which party is in the government. But this is not happening and making us more worried about its possible negative impact in the economy in the coming fiscal year," said Vaidya.