Nepal is a uniquely attractive country that sits under-utilised, says Swarnim Wagle, Vice Chairman of Nepal’s planning commission, in an Indian Express report. Wagle claims that Nepal is a progressive nation which is being propelled by the democratic mass movements of 1950, 1990 and 2006. The nation is headed towards creating an inclusive state. In the editorial Wagle says that the Himalayan Nation aims to become a middle-income country which is enterprise-friendly peopled by a vibrant middle-class by the year 2030. The Government of Nepal plans to raise money to achieve its goal by mobilising an unprecedented volume of public revenue and private investment, both foreign and domestic. The country also plans to relax binding infrastructural constraints and design inclusive reforms, it was revealed.
Wagle stated that India and Nepal have been two of the closest neighbours and in the 21st century the relationship the challenge for the two neighbours will be to build upon their socio-cultural foundations and leapfrog economically. Wagle stated that both India and Nepal now need to see how the relationship can be expanded and how the two nations can cooperate on terms which are mutually beneficial. He stated that the two nations can co-operate on key areas such as acceleration of reduction of poverty and inequality, on clean energy and on sustainable cities.
The senior planning official also added that as per the Nepal’s new outlook the government’s emphasis is on fragmented tasks and not on complete industries. Wagle added that the availability has said that this way Nepal can contribute to India’s ‘Make in India’ programme. He went on to add that the Himalayan nation provides a unique opportunity to investors.