The document summarizes Nepal's Industrial Policy of 1991 and its review in 2011. The 1991 policy focused on agricultural development and industrial sector contributed around 10% to Nepal's economy. The 2011 policy reviewed the previous policy and aimed to support overall economic and social growth through 7 objectives. It classified industries, gave special attention to cottage and small industries, and classified districts as developed vs. underdeveloped. However, it lacked consultation, had vague points and action plans not aligned to objectives. The policy aimed to increase productivity but faced some shortcomings in implementation.

1. INDUSTRIAL POLICY 1991 & 2011
By :
Raju Lama
18 Jan, 2015

2. INDUSTRIAL POLICY DIFINITION
UNCTAD (United Nations Conference on Trade and
Development : A concerted, focused, conscious effort
on the part of government to encourage and promote
a specific industry or sector with an array of policy
tools”.
The World Bank Considers
Industrial policy as “government efforts to alter
industrial structure to promote productivity-based
growth”

3. BACKGROUND OF NEPAL'S INDUSTRIAL POLICY
Industrial policy was first established in 1991 which was
focused on economic development through agricultural
sector.
Neighbor country has succeeded hugely in the economic
sector within this tenure.
Industrial sector contribute nearly 10% in Nepal economy.
Government reviewed industrial policy in 2011 to find
present relevant solution to gain overall economic and
social growth.

4. WHAT IS IN INDUSTRIAL POLICY 2011 ?
• Review of industrial policy 1991.
• 7 Objectives and plans to meet the objectives.
• Classification of industries in Nepal.
• Special attention for development of cottage &
small scale industries.
• Board members for making policy and their
power
• Special provisions for women entrepreneurship.
• Classification of district according to least
developed, under developed.

5. • Action plans are not enough to meet objective.
• Vague points.
• Not relevant to present situation.
• Lack of consultation with foreign experts.
• Vat and taxes provision not according to
demand and time.

6. MARKET TARGETING
ANY QUESTIONS….