Startup Policy Should Be Announced And Implemented: Chandra Prasad Dhakal

Startup Policy Should Be Announced And Implemented: Chandra Prasad Dhakal

Aug. 29, 2023, 7:42 a.m.

Chandra Prasad Dhakal, President of the FNCCI, informed that this is a campaign to promote entrepreneurship and startup businesses. "Startup policy should be announced and implemented soon as it would define the startups because lack of clear identification of startups has hindered the execution of the startups-friendly policy announced by the government," he said.

Addressing the two day conference 'Nepal Startup Nation 2030' – two-day conference, Dhakal said public-private partnership in arranging capital and policy for startups and develop startup ecosystem would be more impactful.

Organized by the Ministry of Industries, Commerce and Supplies (MoICS), the FNCCI, University Grants Commission (UGC), PUM Netherlands, ICIMOD and Antarprerana Pvt. Ltd, the two day conference aim to promote start up in Nepal.

"We believe that the startups would utilise domestic resources and raw materials and create employment for local people that will help local as well as the national economy," said Dhakal

According to The Rising Nepal Daily, this mission is based on the government's vision of making Nepal a middle-income country by 2030 and National Economic Transformation 2030 agenda promoted by the Federation of Nepalese Chambers of Commerce and Industry (FNCCI) which was endorsed by the government last year. First step towards the achievement of this goal is the promotion and development of startups. This consortium of partners has a goal to develop 10,000 startups and create 100,000 entrepreneurs by 2030.

Addressing the conference, Minister for Industry, Commerce and Supplies, Ramesh Rijal, said that he expected stronger collaborations with the private sector and other concerned organisations in promoting startups.

Likewise, Pim De Bokx, PUM Programme Manager of PUM Netherlands, suggested backing the people who are struggling to become an entrepreneur. "Make plan and take action. Only planning doesn't work," he said.

Similarly, Izabella Koziell, Deputy Director General of ICIMOD, said that if right policy framework and resources are in place, startups can do wonders. However, she suggested the businesses not just to earn profit but also think about the planet. According to Juna Mathema, Chairperson of Startup and Innovation Forum at the FNCCI, there is urgency to ignite the spirit of innovation and entrepreneurship.

More on Economy

The Latest

Latest Magazine

VOL. 17, No. 13, February.09,2023 (Magh,26. 2080) Publisher and Editor: Keshab Prasad Poudel Online Register Number: DOI 584/074-75

VOL. 17, No. 12, January.26,2023 (Magh,12. 2080) Publisher and Editor: Keshab Prasad Poudel Online Register Number: DOI 584/074-75

VOL. 17, No. 11, January.12,2023 (Poush,27. 2080) Publisher and Editor: Keshab Prasad Poudel Online Register Number: DOI 584/074-75

VOL. 17, No. 10, December.29,2023 (Poush,13. 2080) Publisher and Editor: Keshab Prasad Poudel Online Register Number: DOI 584/074-75