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Prime Minister Jhala Nath Khanal has hailed the private sector's help and social responsibility for strengthening the economy along with the mobilization of investors and initiative for increasing the network of professionals in the country.
Inaugurating the 45th annual general meeting of the Federation of Nepalese Chambers of Commerce and Industry (FNCCI) in the capital on Monday, Khanal said utilization of the locally available resources has contributed in economic and social development of the country through the entrepreneurship and institutional services catered by the private sector.
The PM said that the government is confidence that investment flow, employment generation and revenue collection will increase if the private sector was promoted and assured confidence, adding that the government was committed to promote, conserve and facilitate the private sector.
Saying no country can go ahead sans industrial development, the PM said political wrangling in the country has also hindered the economic development of the country.
"The country should move toward the direction of economic revolution and industrial peace should be maintained to achieve the economic revolution", said the PM. Frequent series of strikes in the industrial estates have hindered the process of establishing industrial peace, said PM Khanal.
He said rule of law and assurance of security; transparency and guaranteeing liberalism are the top priorities of the government for the investment friendly environment in the country.
What else can I help you with?
What is the differences between private and public owned business?
private business is the business, where more than 50% shares are held by private persons or parties, and ownership remains in the hands of private persons. public business is the business where more than 50% shares are held by govt whether central or state, and ownership remains in the hands of govt. authourity
What is the private sector in KSA doing about energy efficiency?
Energy efficiency is a major issue in the Middle East. Private sector has a major role to play in it. It aims to improve its energy conservation targets through energy audits, retrofitting, and remote monitoring to reduce the energy and water consumption of both public and private buildings
Why does normative analysis play a more significant part in analysing public sector activities than private sector activities?
Because normative analysis inherently deals with 'what should be'. Public sector activities are politically-motivated and chosen, so they reflect what the public believes 'what should be'.
What role does the private sector play in public health?
It allows for collaboration between the government and the private sector in coming up with strategies and methods to reduce the cost of public healthcare. Total reliance on the government will be unfeasible in the long run as resources are likely to be depleted easily and in order to gain resources to drive provision of health care, the government will most likely raise taxes and this could hurt the people. By collaborating with the private sector, this reduces the healthcare burden on the government.
Who is in charge of eradicating poverty and hunger?
The responsibility for eradicating poverty and hunger falls primarily on national governments, which are expected to implement policies and programs that promote economic growth, social welfare, and food security. Additionally, international organizations such as the United Nations, World Bank, and various NGOs play crucial roles in providing support, resources, and frameworks to assist countries in their efforts. Collaborative efforts among governments, civil society, and the private sector are essential to effectively address these intertwined issues on a global scale.
What role should social workers play in relation to poverty?
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Government and private sector standards are examples of complementary social assets required to optimize returns from IT investments true or false?
True. Government and private sector standards play important roles in optimizing returns from IT investments by providing guidelines, regulations, and frameworks that ensure interoperability, security, and efficiency. By aligning with these standards, organizations can leverage a common foundation to drive innovation, reduce risk, and enhance overall performance.
What role does the government play in fighting poverty?
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Who will help the poor people in the world?
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What type of economy do most nations have?
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Are Private Servers illegal to play or own one?
I don't think it is ILLEGAL to play Private Servers. However, to own a Private Server is illegal.
Private sectors are ran by who?
Private sectors are primarily run by individuals or organizations that operate for profit, including entrepreneurs, businesses, and corporations. These entities are owned by private individuals or groups, rather than being controlled by the government. Management teams, boards of directors, and shareholders often play significant roles in decision-making and operations within these businesses. Ultimately, the leadership and ownership drive the strategies and goals of private sector organizations.
