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Economists said ‘NO’ to black money


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Kathmandu, Jan 30: National Planning Commission (NPC) former Vice-Chairperson Deependra Bahadur Chhetri said that the increase in country’s economic burden was obvious with the nation adopting federal system including a three-tier governance.

At a face-to-face programme organized by Reporters Club here today, he noted that the new government should lay special emphasis on the country’s development.

Saying that the government employees’ voluntary retirement scheme and old age pension to citizens aged above 65 years have incurred extra economic burden of around Rs 550 billion, he suggested the new government to take pro-people decisions.

Economist Dr Shanker Sharma lambasted the idea of laundering illegal money while emphasizing the need for the state to bring in foreign investment, generate employment opportunities and promote industry and business.

Also speaking on the occasion, another economist Dr Dilli Raj Khanal underlined the need to introduce measures to check black money and explore ways to increase quality economic growth.

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