INSUBCONTINENT EXCLUSIVE:
KATHMANDU, APRIL 5Vice-president Nanda Bahadur Pun has urged industrialists to engage
in increasing production to reduce the country's growing trade deficit.
14th general convention of Nepali Congress
commences at Bhrikuti Mandap
NC general convention begins today
Inaugurating the 4th General Assembly and 2nd National
General Convention of Nepal National Federation of Entrepreneurs today, he said that manufacturing businesses should be increased to build a
"As the economy has been negatively affected due to low exports and high imports, we must do business in a way to increases production at
home," he added.
The vice-president said though the rights confined to Singha Durbar have been delegated to the villages as
per the norms of the constitution, the economic condition of Nepali people has not changed and adequate employment opportunities have not
been created within the country.He said the government should work with the private sector to build a self-reliant economy, while drawing
the attention of the government to solve the problems faced by small and medium-scale industries.Mayor of Kathmandu Metropolitan City Bidya
Sundar Shakya said that industrialists had an important role to play in the economic development of the country.President of the federation
Naresh Katuwal said that the government should move ahead by coordinating with the private sector for the development of the country
Founded in 2017, the federation currently has 22 business affiliates involving more than 10,000 entrepreneurs from across the country.A
version of this article appears in the print on April 6, 2022, of The Himalayan Times.
This article first appeared/also appeared in https://thehimalayantimes.com