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"Economic Revolution Next"

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"Economic Revolution Next"
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December 1: Vice-President Nanda Bahadur Pun has requested the Nepali citizens to utilise the agricultural loans provided by the government on productive tasks. He was speaking at a program organised by Society of Economic Journalists-Nepal (SEJON) to mark its 19th anniversary. He said "Nepal imported vegetables worth of Rs 8 billion and rice worth of Rs 23 billion last year. It is quite a shaming condition for Nepal being an agricultural economy."

"Investors should be optimistic as the economical indices of the country are positive," he said, adding, "It is better to be self-reliant by taking the subsidised loan from the government than to be dependent on others forever." Vice-President Pun also claimed that the government's program is not being successful due to the devastating earthquake and supply constraints which is also the reason for the low economic growth rate of the country."

Energy Minister Janardan Sharma opined that although the country has many possibilities, it could not move forward due to the economic agendas stuck on work procedure. Mentioning the energy as the first important source for economic development, he urged investors to increase their investment in energy sector. Similarly, Ramesh Lekhak, Minister for Physical Infrastructure and Transport recalling the various political revolutions of the country said "It is the time to conduct economic revolution."

In the program, Ramesh Kumar of Himal Khabar Patrika and Hari Adhikari of Radio Kantipur were honoured with SEJON award. Moreover, Udhav Thapa, Sunita Karki, Sagar Ghimire and Binay Banjara  were provided SEJON Fellowships of Rs 50,000.   

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