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Muraraka takes charge of FNCCI

Pashupati Murarka, who has been elected the 17th president of the Federation of Nepalese Chambers of Commerce and Industry (FNCCI) unopposed from the special general meeting today, took charge of his post in the afternoon.
“I will discharge my duty in favour of the larger interests of the institution and entrepreneurs,” Muraraka said, after taking charge of the top post of the FNCCI.
Murarka also said that his first priority would be to lobby for a ‘two-pillar’ economy – public and private – as the fundamental economic principle in the new constitution instead of current provision in the first draft of the constitution that has mentioned ‘three-pillar’ economy; public, private and co-operative. “I will do my best to expedite the endorsement of Labour Act by the parliament,” he added.
Son of industrialist late Atmaram Murarka, Pashupati Murarka has been running cement, rod and paint industries. He is also involved in the trading business and the financial sector.
The 50-year industrialist was serving as the officiating president of the umbrella organisation of the ddomestic private sector, will work as the boss of FNCCI for next 21 months till April 2017.
Muraraka could make it to the high post of FNCCI unanimously after two contenders – Bhashkar Raj Rajkarnikar and Bhawani Rana – pulled out of the race supporting him.
The special general meeting was called to elect president after the then president Pradeep Jung Pandey was taken arrested – on a three-decade old corruption case – on March 18.
Muraraka – in his 14-year-long participation in the chamber movement – has been nominated for the fifth time in executive position of FNCCI, where he has been successful in being elected evertime, he contested.
In the past he has served as an executive member for two terms and vice president for one term.
He was elected as the senior vice president last year in the Pradeep Jung Pandey-led executive committee.

Rana senior vice president
Bhawani Rana has been unanimously elected as the senior vice president of FNCCI by the executive committee today afternoon. The post remained vacant after Murarka became officiating president. Rana – a tourism entrepreneur – has been actively involved in the chamber movement for a decade. She has already served as the vice president in FNCCI. In the last election, she was defeated by Murarka in senior vice presidential post. Rana will also serve for the remaining term of the incumbent executive committee that expires in April, 2017.