AN ARTICLE PRESENTATION

Doing Business and Role of Government for

Entrepreneurship Development

The Journal of Nepalese Business Studies Vol. VII No.1

Out of 183 economies in the world Singapore retains the top position whereas Nepal has ranked in 116……

BACKGROUND OF THE STUDY

It focuses on Nepal and its richness in natural resources like water, mountain peaks and herbs.

It focuses on lack of effective management, planning, controlling and appropriate business environment.

It also focuses on unemployment as a macroeconomic problem.

Also, it focuses on poverty alleviation as the major challenge and goal of the government….

OBJECTIVE OF THE STUDY

The prime objective of the study is to present the current scenario of entrepreneurship development and to understand major areas of regulation of the government for doing business.

Other objective is to introduce one village one product (OVOP) and practice of OVOP in various countries.

DOING BUSINESS 2011

It is the 8th in a series of annual report benchmarking the regulation that enhance business activity & those that constrain it.

It is an economic activity . Economies are ranked on the basis

of 9 areas of regulation of starting a business, paying taxes etc

9 AREAS OF BUSINESS REGULATION Starting a business Dealing with construction permits Registering property Getting credit Protecting investors Paying taxes Trading across borders Enforcing contracts and Closing a business

Where is it easier to do business?

Globally, doing business remains easy in high-income economies.

In Africa and South Asia the entrepreneurs find it hardest & property protection are weakest across the 9 areas of business regulation.

ONE VILLAGE ONE PRODUCT (OVOP)

It is a rural economic development program which was originated in Japan in 1979 and credit goes to Dr. Morihiko Hiramatsu.

OVOP is now very popular in Asia followed by Africa and Latin America.

OVOP was promoted as a campaign with a vision of revitalising remote village at a time when there was a problem of depopulation due to migration of village youngsters to big cities for seeking employment.

PRINCIPLE OF OVOP

Think Globally act Locally Self-reliance and creativity Human Resource Development

TABLE SHOWING OVOP PRODUCTS IN JAPAN IN YEAR 2002

Products/Activities Number

Agriculture productsBuilding facilitiesCultural activitiesRural development activitiesConservation activities

338 148 113 111 80

Total 810

ONE TAMBON ONE PRODUCT(OTOP) IN THAILAND

Tambon means sub-district. It is a Thai version of OVOP. It aims for the development at the grass-

root level. It was launched in 2001 to 2006. It is the national development policy of

the Thai Government to fight against POVERTY.

TABLE SHOWING OTOP PRODUCT REGISTRATION IN YEAR 2010

S.N Categories of Food No of Product

1 Food 20330

2 beverage 3073

3 Fabrics and Dress 21386

4 Furnishing & Decoration 31334

5 Herbal product 9050

TOTAL 85173

OVOP PROGRAME IN NEPAL

In Nepal, OVOP was introduced in year 2006 through Budget Speech

It is a Public Private Partnership(PPP) programme which was launched for 5 years as a pilot project

During the period of 5 years , the program has basically focused on production and marketing side.

It has used many agricultural products in the production area.

Through this project it has mainly focused on POVERTY alleviation

FUNDAMENTAL PRINCIPLES OF OVOP NEPAL

Identification of potential local product.

Value Addition. Branding. Market Promotion

TABLE SHOWING OVOP PRODUCES IN NEPAL

S.N PRODUCTS DISTRICTS YEAR

1 JUNAR Ramechap and Sinduli

2006

2 LAPSI Bhaktapur 2006

3 BEL Bardiya and Siraha 2006

4 RAINBOW TROUT Nuwakot and Rasuwa

2006

5 CYMBIDIUM ORCHID Lalitpur 2007

6 AGRO TOURISM Lekhnath Kaski 2007

7 COFFEE Syangja 2009

8 LOKTA PAPER Dolkha 2009

Junar

Lapsi

Bel

Rainbow Trout

Cymbidium Orchid

Agro Tourism

Coffee

Lokta Paper

CONCLUSION

Through OVOP, local resources, skill and human resources can be utilized and produce quality good and services which can be sold in local market, national and international market and generate revenue and reduce unemployment problem.

Government should be able to provide sound business environment , appropriate rules and regulation for security of investment , appropriate strategies and policies for production of good and services……….

PRESENTED BY:-

POOJA DEV BARUN

KHADKA