![[X]](https://www.housingnepal.com/images/popup-close-button.png)
National News
Posted On: 2011-01-19
Only scientific land reforms can bring the people out of the vicious circle of poverty, said Finance Minister Surendra Pandey today during the launch of a report, “Poverty and vulnerability cycles in South Asia: Narratives of survival and struggles,” in the Valley. The report has been prepared by South Asia Alliance for Poverty Eradication (SAAPE).
The ownership of the land should remain with the government unlike the present personal ownership status, he said, adding that the government then could lease the land for commercial purposes to increase productivity. “Our ideology of ‘land for the tillers’ has been proved wrong,” he said.
Though the report blames all the social evils on the neo-liberal policies. The South Asian countries’ economies are structurally adjusted by neo-liberal orthodoxy, directing towards a closer integration with the world markets and economy, the report said, adding that one sees increased operations of global capital within these countries with minimum or no restrictions and a free flow of finance capital with the intervention of World Bank, IMF and WTO.
Neo-liberalism results in a skewed division of labour. This changes the economic structure of the countries, with manufacturing being capital-intensive, transnationalised, fragmented and dispersed across the globe, according to the report.
source: Himalayan News Service(2011),"FM pitches for land reforms ", The Himalayan Times, 19 Jan 2011
Facebook
Delicious
Digg
Reddit
Stumble Upon
- 9th Nepal Buildcon International Expo 2024
- Real Estate Expo 2023
- NRB raises housing loan limit to encourage home constructions
- Nepal Rastra Bank (NRB) Monetary Policy 2080-2081
- New Price of Land in Kathmandu Metropolitan City, Nepal
- Capital Gains Tax Rate on Real Estate Transactions in Nepal 2080-81 ( 2023/24 )
- Kathmandu metropolis implements free parking policy for commercial buildings and hospitals
