Kathmandu, Sept 26: The Federation of Nepalese Chambers of Commerce and Industry (FNCCI) has urged the government to ensure that business and personal properties will not come under attack in future.
During a meeting with Minister for Industry, Commerce and Supplies, Anil Kumar Sinha, on Thursday at the ministry, an FNCCI delegation led by its president Chandra Prasad Dhakal raised concerns over the issue.
The delegation noted that during the recent Gen Z-led violent protests, not only public properties but also the industries, establishments, offices, and residences of businesspersons were vandalized and set on fire. To restore public confidence and the morale of industrialists and entrepreneurs, FNCCI stressed the importance of guaranteeing the security of private and business properties.
On the occasion, President Dhakal informed the minister that the attacks and vandalism during the protests had caused damage worth more than Rs 80 billion nationwide. He further drew the minister’s attention to ensuring such incidents are not repeated and that those responsible are strictly punished.
“FNCCI is ready to coordinate and cooperate with the government to establish good governance and end uncertainty for the prosperity of the country. The private sector, which contributes 81% to the national economy and 86% to employment, must be guaranteed an environment where it can operate smoothly,” said President Dhakal.
Responding, Minister Sinha said that despite the huge losses, the goodwill and cooperation shown by the private sector in such a difficult situation was positive. He assured that although the current government was formed under unusual circumstances, it remains serious about safeguarding both the public and the business community. The minister added that the revival and reform of Nepal’s industries would not be possible without the active support of the private sector.
FNCCI Senior Vice President Anjan Shrestha remarked that the private sector is repeatedly targeted during every protest and that it is time to change this perception. He also suggested prioritizing the use of domestic products in the reconstruction process as far as possible.
Shrestha further highlighted that since Nepal is set to graduate from the category of Least Developed Countries (LDCs) in November 2026, the government should consider requesting the United Nations to postpone the graduation decision in view of the present situation.
Similarly, Vice Presidents Hem Raj Dhakal and Jyotsna Shrestha, along with Treasurer Bharat Raj Acharya, emphasized that guaranteeing the rule of law must be the government’s top priority. They added that as per the aspirations of the Gen Z movement, Nepal now urgently needs to build a corruption-free society and establish the foundations of good governance at every level—a demand that ordinary citizens expect from the present government. #fncci #nepal
