Kathmandu. Minister for Industry, Commerce and Supplies Damodar Bhandari has said that the government is working towards strengthening the country’s economy by promoting import substitution and exports.
Addressing a program organized in Kathmandu on Friday, Minister Bhandari said that the government is working diligently for the development of industry and business.
He mentioned that more than a dozen acts related to the economic sector have been amended to facilitate the industrial and business environment in the country.
Minister Bhandari said that the acts have been amended with the aim of increasing the production of goods and services by bringing more convenience to the operation of industrial establishments and making production costs competitive. He also mentioned that the National Startup Policy 2081 has been approved by the Government of Nepal and the startup loan program has been implemented.
Minister Bhandari asserted that the government is committed to ensuring the local market and promoting temporary employment.
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