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Sat, November 23, 2024

Govt prioritises investment in small and cottage industry: PM Dahal

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KATHMANDU: Prime Minister Pushpa Kamal Dahal has said the government will take special initiative to augment investment in small and cottage industries. PM Dahal assured the small entrepreneurs that the government was working on a policy that ensures loans easily to the small entrepreneurs and their products promoted accordingly. [caption id="attachment_33579" align="alignnone" width="2560"] Prime Minister Pushpa Kamal Dahal speaks at the inauguration ceremony of the 16th International Industrial Trade Fair, Small and Cottage Industries Festival and Sixth Organic Agriculture Fair-2023 at Bhrikutimandap, Kathmandu, on Tuesday, February 14, 2023. Photo: RSS[/caption] He said this while inaugurating the 16th International Industrial Trade Fair, Small and Cottage Industries Festival, and the Sixth Organic Agriculture Fair-2023 at Bhrikutimandap, on Tuesday. "Government policy itself should protect and promote small and cottage industries, for which a separate Act is necessary. The government, therefore, pays heed to it," PM Dahal stressed, reminding that Nepal used to export food grains five decades back. The country has huge potential for agricultural products. Now, the time has come for all sides to promote the marketing of agricultural products. As the country is reeling under financial crisis at present, the government bears the utmost responsibility to address the problems. "Government is engrossed in resolving the problems and prop up the economy. We cannot excuse at this moment," he underscored. [caption id="attachment_33578" align="alignnone" width="1000"] Minister for Women, Children and Senior Citizens, Bhagawati Chaudhari, speaks at the inauguration ceremony of the 16th International Industrial Trade Fair, Small and Cottage Industries Festival and Sixth Organic Agriculture Fair-2023 at Bhrikutimandap, Kathmandu, on Tuesday, February 14, 2023. Photo: RSS[/caption] On the occasion, Minister for Women, Children and Senior Citizens, Bhagawati Chaudhari, said Nepal's traditional skills must be commercialised. "Promotion of export and self-reliant economy are present needs," she said, national and international marketing of the goods is equally important. Similarly, Minister for Tourism, Industry and Cooperatives of Bangmati Province, Dambar Tamang, informed that provincial government would play a significant role in promoting the markets of indigenous and domestic products. "Even the government policy bears significance in trade promotion. Arts and culture are invaluable inheritances. For their promotion, all sides' cooperation is essential," he stressed. The festival and fairs will run till February 18. Around 200,000 people are expected to visit the events leading to a transaction of around Rs 80 million. READ ALSO:
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