Kathmandu, Mar. 31:The Federation of Nepalese Chambers of Commerce and Industry (FNCCI) has decided to observe a nation-wide Trade Industry Day (TID) on Chaitra 28 (April 10), the day FNCCI is officially registered over three decades ago.

“The TID is being observed with a view to add to the dignity of industry and commerce and to highlight this sector’s contributions in nation building, FNCCI President Pradeep Kumar Shrestha told a press conference here this afternoon.

Shrestha said that the TID would be a ‘day of commitment’ of the private sector to prove that it was the real economic force of the country.

The TID would feature programmes throughout the country to make people aware of the contributions of industry and commerce in national development. It would also feature a brainstorming on the strategies to be taken in future for the development of this sector. Felicitation of trade and industry pioneers will be another aspect of TID.

Shrestha said that the TID would serve as a forum to deliberate on how FNCCI and the private sector as a whole could play a proactive role in consolidating the national economy. Shrestha heads a ten-member TID main organising committee.

The objective of the TID is to give the nation a message that the private sector has a vital role to play in the national economy, FNCCI’s former President Anand Raj Mulmi said.

FNCCI first vice-president Rabbi Bhakta Shrestha said that the target of the TID should be production increase and quality improvement.

TID Publicity Committee co-ordinator Rajendra Khetan said that the committee would co-ordinate various programmes on electronic and print media to make TID a result oriented event.

The TID will be observed annually.