Kathmandu. The leaders of the private sector have complained that they have not been able to ensure security. They said that the government has not been able to ensure full security to the private sector that has been frightened by the Genji movement. Stating that no action has been taken against those involved in the arson, they have demanded immediate action. Anjan Shrestha, senior vice-president of Federation of Nepalese Chambers of Commerce and Industry (FNCCI), said the private sector was facing a challenging situation.

Addressing the annual general meeting of the Confederation of Bank and Financial Institutions Nepal (CBFIN) here today, Finance Minister Khatiwada said although the country’s economy was positive last year, the situation was now very difficult. Stating that a different situation has arisen due to the agitation, he said that the state should not spare the individualist attack.

Senior vice-president of the federation Shrestha said, “Individualism is the target. Government properties and businessmen’s businesses and houses have been attacked selectively. This has discouraged the businessmen. It’s a very difficult situation. We have clearly told the government that action should be taken against those who are involved in this. Action should be taken on time. This kind of activity should not be repeated in the future. Because there may be a movement tomorrow. In the past, the private sector has been targeted in such movements. The attack on the list is a serious matter. The government must create an environment where such incidents do not recur in the future. ’

On the occasion, Chairman of the Confederation of Nepalese Industries (CNI), Birendra Raj Pandey, said that the country was heading towards the elections after the agitation led by the Genji generation. Stating that they have been raising the issues of anti-corruption, transparency and policy clarity, he stressed that the demands raised by the Genji should be fulfilled. According to Pandey, the recent policies taken by the Rastra Bank along with the formation of the new government have also given such message. He said that the Confederation is also studying the impact of the Zenji movement.

Pandey said, “Like in the past, we are studying about investment, economy, impact of the Genji movement on business in the coming days, among others.” We will make it public. We are determined to increase the current $45 billion economy to $100 billion in the next 10 years. He said that the economy and the private sector, which have already experienced people’s wars, will also face the Gen-G movement. On the occasion, Chairman of Nepal Chamber of Commerce Kamlesh Agrawal said that investors are disappointed after the GenG movement. Stating that the government should immediately guarantee security, he stressed that the Rastra Bank should adopt an effective policy.

Chamber President Agrawal said, “The government should ensure security to attract investment. We have also told the Prime Minister and the Finance Minister. Immediately, we needed a security guarantee. The government should now adopt an investment protection policy not only for foreigners but also for domestic investment. Everything, including insurance, had to be included in it. Political stability is also necessary now. There needs to be political stability. Policy stability is also necessary. ’