PM Karki calls on private sector to rise from the ashes

Prime Minister Sushila Karki has called on the private sector to rise with determination from the adverse situation and expressed the government's commitment to fully support them.

In a discussion with the representatives of the private sector held at the Office of the Prime Minister and Council of Ministers in Singha Durbar today, PM Karki stated that both the state and the private sector are facing a common challenge, citing significant damage to business establishments and industries during the recent Gen-Z protests.

"There has been such destruction. This has not only affected the private sector, but has also impacted the state. It is unfortunate that the private sector, which has provided employment, is being attacked," Prime Minister Karki said, adding that the government is committed to strengthening the rule of law and urged the private sector not to be disheartened. 

She said, "Do not be distressed at this time, we are with you. It is a positive aspect that the private sector is ready to support the state even when it is devastated."

In the discussion, Prime Minister Karki expressed a clear commitment that the government will operate within its legal jurisdiction.

"We will work within the rights we have. We will not operate outside the law. The state will take initiatives to provide relief for the affected industrial and commercial establishments," PM Karki said addressing the private sector. "Show the spirit to rise from the ashes; the state will assist. The private sector must also help to boost the morale of the security personnel."

Prime Minister Karki pointed out the possibility of controlling imports and raising taxes if necessary to promote internal production. However, she clarified that there will be no immediate policy for tax increases, stating, "Now is not the time to impose taxes. There will be an effort to evaluate the losses and provide relief."