some thoughts on broad nepal development. random ideas. Immediate steps

June 10th, 2008

here is something i posted on :

Facebook ” Entrepreneurs for Nepal” and elaborated since here:

Random ideas that will jump-start our economic revolution.

  • Immediate steps.
  • Have to recruit younger technocrats and remove the old ones from the National planning commission and finance and related ministries.

    >>> Set up YEL = Youth Entrepreneur’s league (new body with powerful relations to private and state banks).

    >>> 0 % tax on hydro power Generation and tourism. (Logic: mass employment generation)

    >>> Information Technology Communication and related Licenses at no costs. (Talent generation and utilization)

    >>> Nepal = Zero Tax center

    >>> BOOT model (build own operate transfer in infrastructure development).

    >>> 10% flat tax on all things else ( ALL THINGS). This encourages tax payment which overwhelming majority of people /companies in the country strive to avoid, right now).

    You want wonders.. better start revamping the place.
    otherwise no more promises to make switzerland out of nepal.

    If Maoists (most likely future government) are smart, they will see how China is playing out.
    and act like them. Total Focus on Economy. Their Politics survives on the economic revolution Now).

    otherwise we can only hope for a 2 % growth again and again (which will be eaten up the huge double digit inflation).

    and be prepared for another change…or one big repression after another !

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