KATHMANDU: Nepal’s Minister for Home Affairs Ram Bahadur Thapa has said that the home ministry was committed to providing security to the industry and
business sector.
Addressing an interaction programme with the industrialists in Chitwan yesterday, Minister Thapa said the government would curb any kind of extortion taking place under political garb, Nepal official news agency RSS
reported.
Stating that good governance was essential precondition for development and prosperity, he stressed on policy reforms for the protection of industries and trade sector.
He said that the industries and businesses felt vulnerable due to the corruption, irregularities and bureaucratic red tape.
“The domestic industries cannot prosper until the flood of goods that come from China and India were properly managed at the policy level. The industries and businesses here are in the shadow as even the existing policies to that regard were not strictly
implemented,” he said.
The home minister said that smuggling was increasing due to the open border and hampering the country’s economy.
Noting that development and prosperity were the main objectives of the government, Home Minister Thapa said the government would promote the industry and business sector to reverse the trend of the domestic labour force from migrating abroad in search of work.
He also said that the government would make security provisions so that the industries could operate round the clock.
US-Iran Conflict May Disrupt Nepal Economy
The assassination of the Iranian Major General Soleimani by US forces has escalated tensions, globally. Significantly, the incident is expected...