Friday Discussion on Privatization

Friday Discussion is a program designed to engage and inform the core members on the ideas of free market economy and classical liberal ideas. Discussions are made on the contemporary issues (local or national) through free market perspective. Article is selected and shared within the members to prepare oneself for the program.  The program is organized at the venue of Hotel Namaskar, Biratnagar on every alternative Friday (twice a month).

On this series, discussion was made on the Article of “privatization”, where 14 numbers of participants took part to discuss their views. It was hot and live discussion where participants discussed on State own enterprise and its performance impact in Nepal. The program was helpful to make clear about the positive aspect of privatization of enterprise. It made us re-think about state owned enterprises (SOEs) of our country should be handed over to the private sector. So the competition will increase, which helps to provide better services that satisfy consumers need and create more jobs in the market, that ultimately increase the GDP and GNP of the Country. The program was held on 6 February 2015, from 4:00 pm onward. Discussion was very helpful to understand on how free trade benefits the developing countries like Nepal by entering into the global market. Program ended at 6:10 pm.

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