Fiscal Nepal
First Business News Portal in English from Nepal
KATHMANDU — Federation of Nepalese Chambers of Commerce and Industry (FNCCI) President Chandra Prasad Dhakal has called for investments of the Social Security Fund (SSF) in productive and growth-oriented sectors.
Speaking at the SSF’s 8th annual anniversary event held at Singha Durbar on Thursday, Dhakal said the contributions collected in the fund must be utilized in a secure, sustainable and return-driven manner.
He said Nepal’s institutional funds are often kept in fixed deposits in banks, while the Social Security Fund has already accumulated Rs 95.68 billion. “If this capital is invested in productive sectors, it will contribute directly to national development,” Dhakal stated.
Dhakal said the implementation of the Labour Act 2084 and the Contribution-Based Social Security Act 2074 has helped strengthen Nepal’s social security system, expanding the formal labour market, improving workplace safety, and enhancing tripartite cooperation.
He also urged the fund to prioritize digital service expansion, lowering compliance burdens on micro, small and medium enterprises, and integrating informal and self-employed workers into the social security system in the coming years.
Dhakal noted that gaps remain regarding contribution rates, registration procedures and employer–employee obligations, and stressed the need for stronger public awareness. He said workers must feel direct benefits from their contributions, and the fund’s investment structure must be transparent, secure and risk-managed.
Reaffirming FNCCI’s commitment, Dhakal said the federation will continue working to promote worker welfare, safer labour environments and sustainable economic development, and contribute to making Nepal’s labour market more formal, secure and resilient.
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