India's blockade should be converted into opportunity: Governor

Monday - 2nd November, 2015 | www.therisingnepal.org.np | General News

Governor of Nepal Rastra Bank Dr Chiranjivi Nepal has urged one and all to change the blockade imposed by India as an opportunity for nation building.

Governor Nepal made this statement while inaugurating the Kushma Bazaar-based Janasebi Micro Finance.

He said it was necessary to formulate a long-term plan in favour of the country and added that Nepalis themselves should make the nation.        

The Governor expressed the view that there should not be made any delay to increase investment in hydropower sector to end energy crisis of the country and expansion and promotion of industries related to domestic raw materials.

The country would not face problems from border blockade in the days ahead if it pays attention in agro and hydro sectors, he added.

Stating that no effect has been seen in total deposit and saving of the country so far due to the blockade, Governor Nepal, however, said the impacts would be seen gradually.

Board of Director of the Micro Finance and former Chief Election Commissioner Nil Kantha Upreti expressed the commitment to expand the services in all areas in a decade.