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ECONOMY

CNI adopts federal setup

KATHMANDU, Jan 28: Confederation of Nepalese Industries (CNI) has got go ahead from the government to establish provincial confederations in all seven provinces of the country.
By Republica

KATHMANDU, Jan 28: Confederation of Nepalese Industries (CNI) has got go ahead from the government to establish provincial confederations in all seven provinces of the country. 


The government has approved the amended statute of the CNI that was passed by the confederation’s 14th Annual General Meeting. With this, the CNI has gone to the federal setup. 


With the government approval of the amended statute, the governing and national councils of CNI have taken a decision to take forward the process of forming seven provincial confederations for industrial development of the country. 


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With this formation, the CNI hopes to contribute toward promoting economic activities and help reduce imports. The provincial confederations are being formed to develop entrepreneurship in the country and to increase the share of industrial sector on the Gross Domestic Production (GDP), the CNI has said.


The CNI has also decided to elect 10 members of its national council, as well as to elect one member for the vacant post of the confederation’s vice president, for which Sulav Agrawal has been nominated. Chhaya Sharma and Rita Bhandari have filed their nominations as women industrialists for the members of national council. 


Other industrialists to be nominated for the national council members are: Ashish Garg, Hemanta Golchha, Manish Khemka, Rabindra Bhakta Shrestha, Rishi Ghimire, Shishir Bhatta, and Sudhir Mittal. 


The meeting has also nominated coordinators for all seven provincial confederations. For Province 1, Prakash Mainali (Jhapa) has been nominated while for Province 2, Naresh Das (Janakpur) has been nominated. Likewise, for provinces 3, 4, 5, 6 and 7, Rishi Ghimire (Hetauda), Binod Neupane (Pokhara), Ijaz Alam (Butwal), Tek Bahadur Bhandari (Surkhet), and Hem Bikram Thapa (Kanchanpur) have been nominated, respectively 


The CNI will be working with the industries registered at the districts of provinces. The provincial confederation will work in coordination with their respective local levels and provincial government in order to support the private sector and to promote economic prosperity in the country, the CNI said.

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