Kathmandu, February 2

Former prime minister Jhalanath Khanal has said that the government is effortful to create favourable environment for industrial sector in the country.

At a programme organised here today, leader Khanal argued that trade and industry should be promoted to realise the government’s vision of ‘Prosperous Nepal, Happy Nepali’.

Stating that the government was working towards formulating acts and laws for the promotion of trade and commerce in the county, he assured that the new constitution had secured the rights of the entrepreneurs and industrialists.

Also speaking at the event, Director at the Department of Industry Jivan Sedhai reaffirmed government’s support to promote industries.

He admitted that though the Industrial Enterprises Act-2073 was introduced in the country, industrialists were facing problems due to lack of regulations and law.

Federation of Nepal Cottage and Small Industry’s former president Suresh Pradhan opined that the government should consider investment in the industrial sector to reduce the trade deficit.

Entrepreneurs such as Manoj Babu Shrestha,Bijaya Kumar Maharjan and Saroj Kumar Thapa, among others, said that the country should focus on industrial development.

Likewise, Association’s President Naresh Katuwal said that small entrepreneurs had no access to the Ministry of Industry.