Posted by: nepalilaure August 4, 2014
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cybernepali,
you and Mahodaya are same type. साझामा आयो tai-n-tui का समाचार लेख्यो/paste गर्यो , अनि त्यो थ्रेड मा फर्केर पनि नहेर्यो | यो खबर त सबैलाई थाहा छ नि , तेस्मा तपाई को केहि विचार/भनाइ/ब्यङ्ग जे भए पनि दुइ हरफ त लेख्न सकिन्छ नि \ गजब छ बा \
गोर्खे मित्र , I presume you mean 400 billion rupees of remittance, not 400 trillion right?
You said "We have 400 trillion remittance coming every year....................... Are we ready to utilize that money on Right place? "
You are right there is more than enough liquidity and a serious manpower problem, but if we wait for a regular process of "savings to capital formation to (and) investment", the process may never start. So, we seriously need some exogenous force to break the static situation of the process. If you invest those $1 billion through some mega projects, it can bring a well needed dynamics in the economy which will in turn help to kick start the stagnant process of "savings to capital formation to (and) investment".
As for the manpower issue, if they can publicize those 'mega project' there will definitely be people to work on them. Give them a very attractive wage/salary and don't worry about inflation and other things.
you and Mahodaya are same type. साझामा आयो tai-n-tui का समाचार लेख्यो/paste गर्यो , अनि त्यो थ्रेड मा फर्केर पनि नहेर्यो | यो खबर त सबैलाई थाहा छ नि , तेस्मा तपाई को केहि विचार/भनाइ/ब्यङ्ग जे भए पनि दुइ हरफ त लेख्न सकिन्छ नि \ गजब छ बा \
गोर्खे मित्र , I presume you mean 400 billion rupees of remittance, not 400 trillion right?
You said "We have 400 trillion remittance coming every year....................... Are we ready to utilize that money on Right place? "
You are right there is more than enough liquidity and a serious manpower problem, but if we wait for a regular process of "savings to capital formation to (and) investment", the process may never start. So, we seriously need some exogenous force to break the static situation of the process. If you invest those $1 billion through some mega projects, it can bring a well needed dynamics in the economy which will in turn help to kick start the stagnant process of "savings to capital formation to (and) investment".
As for the manpower issue, if they can publicize those 'mega project' there will definitely be people to work on them. Give them a very attractive wage/salary and don't worry about inflation and other things.