Skip to content

Social returns and environmental risks should be considered along with economic benefits while evaluating investments: VP Bhatta

nabil
global ime

{{TAG_OPEN_div_8} Kathmandu. Vice-Chairman of the National Planning Commission, Gunakar Bhatta, stressed on the need to make the investment of the public and private sector complementary rather than competitive to make the development of the country balanced, inclusive and decentralized.

Speaking at a programme organized by the Society of Economic Journalists of Nepal (SEJON) here today, Vice-President Bhatta stressed on the need of increasing the effectiveness and return of public investment, adding that the government should create an environment conducive for investment by providing infrastructure and other necessary facilities in the areas where private sector investment has not been attracted. He also pointed out the need to decentralize Nepal’s development and take the fruits of development to the backward regions and provinces.TAG_OPEN_div_6

Vice President Bhatta said that economic return, social return and environmental risk should be evaluated simultaneously while making public investment. Stating that environmental risk should not be ignored in the selection and implementation of development projects, he drew attention to the situation of increasing losses during natural disasters due to the construction of many hydropower projects in a single river.

Prabhu
sikhar insurance

प्रतिक्रिया दिनुहोस्

citizen life
MAK 4T