Kathmandu. Former President of Confederation of Nepalese Industries Bishnu Agrawal has said that the new budget is welcome. Speaking at a post-budget discussion programme organised by the Association of Economic Journalists of Nepal (NAFIJ) here today, he said the budget was self-sufficient as it would boost the morale of the private sector. He said that this budget is very welcome to attract investment.
He said that production growth is also necessary to achieve the revenue target.
“Investment and production need to be done to increase revenue,” he said, adding, “The enthusiasm in the private sector has increased at a time when things to invest abroad are also being done.” ‘
He said the budget was positive for the development of the industrial sector. There is also a need to pay attention to the issue of customs, he said.
He said the government also needs to think as the energy sector is a very important sector for Nepal. According to him, there is a need for a strong policy to take this sector forward.
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