FNCCI launches campaign against strikes, bandas

FNCCI launches campaign against strikes, bandas

The Federation of Nepalese Chambers of Commerce and Industry ( FNCCI ) has started a campaign against strikes and bandas.

The apex body of the country’s private sector on Sunday organised an interaction to decide on activities and initiatives to be taken to counter strikes and bandas “with a positive approach”. A huge number of entrepreneurs and FNCCI members gathered at its headquarters in Teku, Kathmandu, to discuss the matter.

The FNCCI introduced two logos for the campaign with slogans of “Banda Sadhai Ka Lagi Banda Garau” (Let’s end strikes forever) and “Aba Arthik Kranti” (Now economic revolution).

President Pradeep Jung Pandey said the FNCCI would make efforts to reduce differences between political parties, organising protest meets, peace rallies, interaction and debate programmes and awareness campaign, among others.

“The country’s economy has been hit hard by strikes and bandas at a time when neighbouring countries are growing at 8-10 percent rates,” said Pandey, adding bandas have impacted the country’s overall growth, so no more such activities should be conducted.

According to a study named “Economic Cost of General Strikes in Nepal” conducted by the Nepal Rastra Bank (NRB) in December 2013, average direct cost of a general strike stands at Rs 1.8 billion per day and Rs 27 billion per year based on current prices.

The FNCCI , which has a countrywide network of 96 District Chamber and Commerce and Industry, 91 commodities association, and 635 business enterprises, has urged the participants to implement the campaign effectively.

Most of the participants were of the view the FNCCI should stand united and strong in convincing the political leadership not to hold bandas and strikes. “We will come up with descriptive plans and policies after compiling views from our member participants,” Pandey said.

Source: eKantipur