MANY have wondered what the businessmen of Nepal were doing during emergency and amidst insurgency when almost 40 percent of the geographical territories are disturbed. The cities are usually closed down before dusk. Five days bandh have become a successful experience to both civilians and businessmen who are prone to two days only. Were they telling the politicians to stop the carnage and enforce law and order?
The political neglect of the economy is always embedded by cost. The prolonged political gridlock has led the economy vis-a-vis nowhere. The lingering policy paralysis has crippled investment to a large extent. As a result, the country’s finance have gone away and the finance budgetary estimates are way off target. The country’s financial ruin is climbing since the country is clouded by insurgency and political uncertainty. It seems the economy of the country is too sick to recover.
Corporate Nepal today is sandwiched from the various problems. From sentiments to investments to national income, a lot is at stake. For business, the only hope is that the uncertainty is a precursor to lasting stability. The current political chaos has become expensive in terms of business sentiment, policy decisions and lost opportunities to a large extent. In a country where ‘big people’ and ‘small people’ exist, making business success under democratic norms has become biggest challenge in this new millennium.
In this context, Mr. Vaidya has put forward many thoughts, provocation, insights, and suggestions for the betterment of business-economic community vis-a-vis country. The book basically provides a platform for the observations of those whose role in business confidence and economic success is so visible.
Mr. Vaidya, being a critic in the business environment, has been able to distil the wisdom of frank opinions pertaining to business environment and sentiments. Hence, the book itself is more than a bird-watcher.
Business Confidence in Corporate Nepal (Rare) – Shakespeare Vaidya
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