About industrial policy in the context of Nepal.

1. Presentation on Industrial policy
BY POOJA YADAV
BBA 7TH SEM

2. Concept
 Industry
Industrial policy
 To enhance the productivity and demonstrate professional
expertise taking into consideration the global
competitiveness.

3. Con…..
 Political instability
 Industrial insecurity
 Unfavorable labor relations
 Shortage of energy
 Lack of capacity to adopt new technology
 Weak supply management

4. Vision
 To make remarkable contribution in national
economy through sustainable and industrial
development;
 To coordinate and collaborative partnership
of public.

5. Objectives
To increase export of industrial products along growth in
national income and employment through enhancement of
quality and competitive industrial products and productivity;
To increases contribution of industrial sector in the balanced
national and regional development by mobilizing local
resources, raw martials, skills;

6. Cont……….
 To establish industrial entrepreneurship as a sustainable and
reliable sector by utilizing latest technology and environment
friendly production process;
 To protect industrial intellectual property rights.

7. Policies
 Priority to develop or acquire new technology to enhance
competitive capacity, quality and productivity of industrial products
and services.
 Follow the no pay for no work principle as provided by the labour
law with a view to enhance productivity and strengthen industrial
relationship as a strong basis of industrial development.

8. Con……….
 Additional facilities and concession as incentives to export-oriented
industries, industries established in special economic zone (SEZ),
prioritized industries established in least developed regions.
 Special emphasis to promote the industries that use local resources,
raw materials, skills, labour and technology.
 Identification and utilization of the areas of comparative advantage
to make the industrial base strong and sustainable.

9. Con………..
 Technical and financial assistance to the industries that use
environment-friendly and energy saving technology on their own costs.
 Special measures to promote green industries and to make the
established industries pollution free and zero to carbon emission
 Capacity enhancement activities for development of industrial skills and
entrepreneurship and sound industrial management to create self-
employment opportunities.

10. CON……
 Reform in macro-economic policies, revenue policy, local tax and
other sectoral policies.
 Adherence with multilateral and regional agreements.
 Formation of industrial security force for strengthening industrial
security.
 Encouragement to the non-resident Nepalese to invest in Nepal.

11. Cont…….
 Institutional arrangement of institutions like Investment Board, One
stop service center, Industrial Promotion Board, Industrial District
Management Authority, Industrial Human resources development
institutions and Nepal Business Forum.
 Protection of industrial intellectual property rights to encourage the
use of intellectual property.
 Institutional structure and infrastructures along with necessary legal
provisions to support, promote, develop and expand micro
enterprises, cottage and small industries.

12. Con………
 Special provisions for production and market
promotion of the products of micro
enterprises, cottage and small industries.

13. THANKYOU
HAVE A NICE DAY