Thursday Dec 2, 2021
Thursday Dec 2, 2021
Civil Bank

PM Deuba announces 'relief package' for industries, enterprises

2021 Jul 21, 22:15, Makawanpur
Prime Minister Sher Bahadur Deuba inaugurating the 18th general assembly of the Confederation of Nepalese Industries in Kathmandu, on Wednesday, July 21, 2021. Photo: RSS

Prime Minister Sher Bahadur Deuba has announced a 'relief package' to support the industries and enterprises hit hard by the COVID-19 pandemic.

Inaugurating the 18th assembly of the Confederation of Nepalese Industries on Wednesday, PM Deuba shared that he was planning a special package on how the industries suffering much in the wake of COVID-19 and lockdown could be restored so that they could contribute to the national economy again. He added that he thought so after consultation with businesspersons and related experts.

"We have given priority to vaccinate all citizens against COVID-19 and utilize their knowledge and skills to national economy and development," reminded, adding that investment promotion was equally important work.

PM Deuba reiterated that although development is always a priority, saving people's lives gets utmost priority now. "It's challenging to face pandemic, so human safety is first priority," he underscored.

On the occasion, Finance Minister Janardan Sharma viewed that the pandemic reminded all of us to strengthen a self-reliant economy. He appreciated the 'make in Nepal' campaign launched by the CNI. "Government is for taking the private sector into confidence to revive the national economy which is dented much by the pandemic. Government helps boost private sectors' competitiveness, he vowed.

Similarly, the founding chair of the Confederation, Binod Kumar Chaudhary, said the Confederation was acting as the think-tank. He claimed that the economic reform launched by the Nepali Congress-led government following the restoration of democracy in 1990 had a tremendous contribution to the country's economic development, augmentation of the private sector and investment opportunities. Now, in the changed context, the second phase of such reform could be launched, he suggested the government. 


industries enterprises relief package Confederation of Nepalese Industries Binod Kumar Chaudhary Prime Minister Sher Bahadur Deuba COVID-19 pandemic rellief package for industries
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