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Government should regulate, not indulge in trade: NC President Deuba



Sher Bahadur Deuba

Kathmandu, June 10: Nepali Congress President and former Prime Minister Sher Bahadur Deuba has said that in a liberal economy the government should not trade but regulate it effectively.

In an interaction organized by the NC Central Department of Supply and Consumer Affairs here Tuesday, he stressed the need to encourage industrialists and businesspersons with regulation as part of a liberalization policy.

On the occasion, he expressed dissatisfaction with the current quota for gold imports for the country and said that it should be left open to combat smuggling.

At the program, party General Secretary Gagan Kumar Thapa said that the priorities of the current government are economic reform, good governance, investment promotion and constitution amendment.

He shared that the Nepali Congress is working through various departments to discuss and advocate on issues of livelihood, and stressed that in a capitalist system the interests of traders as well as the rights of consumers should be ensured.

Dinesh Koirala, the party’s Consumer Affairs Department Coordinator and central member Guru Baral, former Governor Dr Chiranjivi Nepal, former Secretary to the Government of Nepal Kewal Bhandari, and others expressed their views on the impact of the budget on the consumer supply chain and the rights and interests of consumers.