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 Kathmandu Tuesday October 02, 2001 Ashwin 16,  2058.


‘Non-intervention fosters private sector’

Post Report

KATHMANDU, Oct 1 – Finance Minister Dr Ram Sharan Mahat has said that the government’s policy of non-intervention in the private sector has fostered the growth of the sector. The lesser the government intervention, the better results it produces, he said.

Speaking at the third Annual General Convention of the Society of Economic Journalists-Nepal (SEJON), he said, "During the last decade, after the restoration of the democracy, the Nepalese journalism has grown incredibly." And it is because the government has not intervened into the press, he added.

Dr Mahat further said, "A noticeable growth has been observed not only in the field of journalism, but every other field where the government intervention is less". The export of the country and the revenue collection have increased by more than 10 times during the last 12 years, he added.

At a time when the entire world is dominated by economic issues, the economic issues have not got enough coverage in the media in our country. He also suggested to present the economic issues in simpler and non-technical form, targeting the general readers.

However, the Finance Minister, as usual, expressed dissatisfaction over the mismanagement and ineffective monitoring system of the government.

Presenting a paper on "Role of Economic Journalists in Economic Development of Nepal", Dr Yuba Raj Khatiwada, Executive Director at Nepal Rastra Bank, suggested economic journalists to focus mainly on governance.

He also said that economic journalists could play a vital role in opinion building for good policies and programmes, which will, to a greater extent, help in furthering the process of nation building.

Citing examples from different parts of the world, he also cautioned the media not to be lured by unethical temptations to maintain transparency among themselves. Stating that transparency is a crucial factor in the economic growth of any nation, he urged the press to be vigilant and to point out the shortfalls.

Suraj Baidya, the fourth Vice President of the Federation of Nepalese Chambers of Commerce and Industry (FNCCI), presenting a paper on Role of Economic Journalists in Private Sector Development said that the economic journalist must point out shortcomings and present measures to correct them. "They should reach to the root of issues and report authentically," he said.

Suresh Acharya, President of the Federation of Nepalese Journalist, presenting a paper Media Advancement and Future of Specialized Journalism in Nepal, expressed satisfaction over the tremendous growth of specialized journalism over the years. But, he showed dissatisfaction over the government’s role in the growth of the media.

Representatives from various donor communities and INGOs and government officials attended the programme. Gajendra Bista, President and Gopal Tiwari, Secretary General of SEJON also spoke on the occasion.


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