SLIDE CHANGE

The prime minister agriculture modernization programme reveals that from the Rs. 8.1
billion budget allocated for the program, 583 custom hiring centres,369 post harvest
centres, 205 hightech and semi hightech nursery and green house has already been
built.

Similarly, as per the governments’ plan on seeds storage and lab expansion led to
building of 5331 plastic houses, 4 tissue culture lab, 65 refining centres,101 collection
centres. Also 370 different crop seeds has been kept for medium and long term
preservation.

Chapter 9 - Industry, Commerce, Supplies, and Tourism

Industry

Budget Economic Survey

Development of domestic industries, their
expansion and modernisation will be
encouraged for becoming self-sufficient in
about two dozen industrial products within
two years
Industrial enterprise act 2020 has been
introduced for this. The exemption, facilities
and concession on income tax, custom duty
and various other charges seem to support
the budget plan.

Micro, cottage, small and medium industries Under this program 10674 new small scale
based on local raw materials will be enterprises has been established and 9660
promoted. organization were able to improve their level

Special Economic Zones and Inland The infrastructural development of

Economic Zones will be established and Bhairahawa special economic zone has been
expanded for establishing export-oriented completed through public private partnership.
industries in public private partnership
The four industries established in Bhairahawa
special economic zone have created the
investment of Rs 70 crore and have provided
employment to more than 175 people.

The structural design of Province 1

(Biratnagar) special economic zone has been
completed.
Nepal will be established as an international 1kharba, 55 arba foreign investment
investment destination by attracting foreign approved by Investment Board and 27 arba
investment as a component of domestic 67 crore foreign investment approved by
capital formation. Department of Industry in 2076/77

In terms of investments, highest in energy

sector (40%), followed by service sector
(19%), manufacturing (18%), and tourism
sector (16%)

In terms of number of company registered,

highest in service sector (33%), followed by
tourism sector (31%), and manufacturing
sector (24%)

Employment generation - 2,67,132

From the coming Fiscal Year, commercial Under this program Dhaubadi iron company
production will be started from the iron ore has been established for the commercial
mine at Dhaubadi in Nawalparasi. production of iron ore.

Commerce, Supplies and Consumer Protection

Budget Economic Survey

Exportable products will be identified and For improving export national strategy related
developed, production will be increased, and with digital business has been implemented
sales will be promoted in international
markets. Trade and Investment Program 2076 initiated
since Falgun 2076 in cooperation with EU for
market promotion of Nepali coffee and
Pashmina
A list of 150 Made-in-Nepal products
submitted to China for easy exports through
Nepal-China trade talk
Nepal-Bhutan Trade Talk conducted first time
after 2012
Trade and Investment Framework Agreement

The Tatopani border point will be The dry port of larcha and tatopani border
operationalized. Infrastructure will be point has been operationalized
developed at other border points in the north
side.
Effective enforcement of laws related to
safeguards, antidumping and countervailing
will be undertaken to reduce unnecessary
imports for bringing increasing trade deficit
into control
Access of products in international markets
will be enhanced following reviews of bilateral
and multilateral trade treaties, by amending
road, water and railway agreements as per
the need of the day, and through new
agreements
The Transit Protocol of the trade agreement
between Nepal and China will be given final
shape, and trade with third countries through
Chinese ports will be initiated.
Consumer rights will be protected, and
market monitoring will be made effective
To ease the supply of petroleum products,
work on laying petroleum pipes in the
Amlekhgunj Raxaul-Motihari section will be
completed this year for facilitation of
petroleum product imports
with Cambodia
Safeguards, Antidumping and Countervailing
Act 2076 passed by legislation and brought
into implementation
The bilateral trade treaty between India and
Nepal has been renewed. Ground works for
new transit treaty completed after which
Nepal will be able to use internal waterways
of India for import and export of goods
6 entry points - Rasuwa, Kodari, Yari,
Kimathanka, Korala, and Olangchung Gola -
can be used for trade.
Transit Treaty with China in implementation
since January, 1 2020. 4 seaports Tianjin,
Shenzhen, Lianyungang, Xinjiang and 3 dry
ports Lanzhou, Lhasa, Shigatse available for
use
Mobile application developed to file consumer
complaints
Task completed. Diesel imported using the
pipeline