Kathmandu, April 26
The Ministry of Industry, Commerce, and Supplies has declared in its budget for Fiscal Year
2079/80 that it will implement a program to hire 25,000 people. The Ministry of Industry
provided this information during yesterday’s budget discussion at the Ministry of Finance.
Minister for Industry Dilendra Prasad Badu stated during the Saturday afternoon debate that employment-oriented activities will be included in the proposed fiscal year’s program. Similarly, the budget includes a program to construct special industrial zones in new locations and sustain current industrial zones.
Similarly, the Ministry of Industry has suggested expanding the pipeline to allow for
underground imports of petroleum products from India. Finance Minister Sharma had
requested greater production increases and job development plans for export substitution
during the session.
Finance Minister Sharma has been instructed to attend the next meeting prepared with
information on which industries in the region are increasing output and creating jobs. He told Secretary of Commerce and Supplies Pandey to come up with a plan to meet the goal of expanding output by purchasing paddy from farmers on time.
In a similar manner, Industry Minister Badu advocated forming a combined task force of the relevant ministries to boost export output. ”An integrated structure for expanding the production of indigenous items should be established.” Let’s get started this year by establishing such a framework,” he proposed.
