Government aims to promote domestic products

Finance Minister Dr Prakash Sharan Mahat has said imports of vegetables and fruits will be discouraged to promote small producers within the country.

In his address today in the House of Representatives to concerns raised during the deliberations on the Finance Bill-2080 BS in the House of Representatives, the Minister said the government was serious about the reports of influence of middlepersons in the supply chain of domestic produces, preventing producers from getting appropriate prices for the productions. He made it clear that VAT is exempt in the transportation of produces of small farmers to the market.

"The policy of promoting small-scale fruits and vegetable productions is to encourage small farmers," he said.

The budget envisaged the concept of promoting domestic tourism industry by implementing tax for Nepali going for abroad tourism, the Minister added.

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