The voting had begun at 10 am in the morning, while the counting of the votes began from 5 in the evening.

The 48th annual general meeting (AGM) of the FNCCI had kicked off here in the Capital on Friday. Constituent Assembly Chairman Subash Nembang had inaugurated the ceremony.

Bhaskar Raj Rajkarnikar and Pradeep Jung Pandey are in the fray for the top post.

Addressing the inaugural ceremony yesterday, Nembang had stressed on the need for a positive private sector role for achieving sustainable economic development. “The FNCCI should select a capable leadership under whom the economy can achieve a notable growth,” said Nembang, adding despite having immense potential, the country has failed to achieve economic prosperity.

The AGM will also mark the end of incumbent FNCCI President Suraj Vaidya’s three-year leadership.