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Genji Movement: Youths will be frustrated if systemic problems are not corrected: Chairman Shrestha

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Kathmandu. Chairman of the Confederation of Nepalese Industries (CNI) Youth Entrepreneurs’ Forum, Manish Shrestha, said that the youths would be more disappointed if the systemic problems and cumbersome processes of the country did not improve even after the Genji movement.

Shrestha said this at an interaction organized by the Association of Economic Journalists (EJ) here today.

He said that the rate of youth outflow would increase further if the system did not improve. “The Genji movement is not a big political issue but an outrage against the procedural obstacles and petty corruption faced in everyday life,” he said. Today, 90-95 percent of the youth want to go out in the classroom. Some youths have stayed here only because of family or other compulsions rather than because of love for the country. ’

Shrestha made it clear that the main reason for the frustration is the misery and discouragement they have to face while going to work in every government office rather than the big policy corruption. He added, “Many obstacles start when a young person tries to register a small business. There are a thousand ways to stop rather than to work. ’

He said that the incident of being hung for two months for a simple work at the Company Registrar’s Office after receiving investment from ‘SAARC Tank’ shows the depth of the systemic problem. He said that even after the agitation and debate of Jenji, if he had to go to the government office and get the same stumbling, the morale of the youth would be further reduced.

Shrestha stressed that the government should immediately pay attention to systemic reforms if youths are to be retained in the country. He also suggested providing a complete digital service with a one-step solution targeting the youths who want to start an enterprise, establishing an incubation center with government investment, free legal and accounting consulting to start-ups, and arranging collateral-free loans for small businesses.

Shrestha said that the country’s economy would not be revived until there was a concrete plan to provide employment to the youths and make them entrepreneurial. He argued that youths would have confidence in the country only if the government agencies gave priority to Nepali software and products.

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