Saturday Jun 25, 2022
Saturday Jun 25, 2022

Govt launches programs to boost domestic production


Nepalnews
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2022 May 25, 6:56, Kathmandu

The government has announced the launch of the 'Prime Minister Nepali Production and Consumption Growth Decade' under the slogan 'Own products, Own business'.

It was shared while President Bidya Devi Bhandari unveiled the policies and programmes for the upcoming fiscal year 2022/23 in the joint meeting of the federal parliament on Tuesday evening.

The policies and programmes include formulation of agriculture policy and mechanization of agriculture, conducting research in the agriculture sector, its commercialization and promotion of climate-friendly technology.

The government will also lend its support to the private sector for the 'Make in Nepal' and 'Made in Nepal' campaigns, aiming to encourage domestic production and domestic consumption.

Furthermore, the private sector will be roped in for the construction of infrastructure for the industrial sector. Expert market and trade intelligence will be employed to obtain reliable information on international trade, according to President Bhandari. An integrated model programme named 'Farm to Industry' would be implemented which will integrate produces of agriculture, forest and mining sectors into the industrial processing process, informed the President.

The supply system of petroleum products will be made easier and more cost-effective.

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Bidya Devi Bhandari Prime Minister Nepali Production and Consumption Growth Decade Federal Parliament agriculture sector domestic production domestic consumption International Trade Petroleum products 'Own products Own business
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