By Karuna Thapa
Kathmandu, March 11
According to Prime Minister Deuba, the country cannot flourish without modest, cottage, and small-scale industries.
He said that it was necessary to form a common vision by coordinating the federal, state, and local levels for the improvement of these sectors, which would play a key role in Nepal’s GDP and provide employment to millions of Nepalese, at the 25th National General Convention of the Federation of Nepalese Small and Household Industries and the 22nd National Conference of the Central Women Entrepreneurs Committee yesterday.
According to Prime Minister Deuba, the import of consumer goods and services from other
countries has boosted demand for foreign exchange, putting stress on the national economy.
He believed that the government of Nepal was dedicated to developing the private sector since there was no other way to fulfill the expanding demand for foreign money and trade imbalance but to increase local output.
Prime Minister Deuba stated that the government is determined to help tiny, cottage, and
small-scale businesses that are suffering from COVID-19. He stated that the government’s principal objective was to promote sustainable growth and prosperity and that the private sector’s development was critical to achieving this goal.
Shyam Prasad Giri, president of the Federation of Nepalese Small and Household Industries, Minister for Drinking Water and Energy Development of Madhes, Omprakash Sharma, Nepali Congress central member Umakanta Chaudhary, and Birgunj Municipal Corporation chief Vijay Kumar Sarawagi all spoke out against the bank’s discrimination against small entrepreneurs during the opening session, which was chaired by Shyam Prasad Giri, president of the Federation of Nepal.
The 25th National General Convention of the Federation of Nepalese Small and Household
Industries is attracting 426 delegates from throughout the nation, while the 22nd National
Conference of the Central Women Entrepreneurs Committee is attracting 252 delegates from across the country.
Separate confidential meetings of both groups will be placed on March 11 and 12 (today and tomorrow), according to the organizers, and the new policy will be chosen from the closed sessions.
