Prime Minister's commitment not to let the economy deteriorate further

"I have worked very hard to prevent industrialists from becoming an unsafe environment, which you do not know very well," he said.

Dahal asserted that he was aware of where the economy was before he came as the Prime Minister and where it is now, and said that he had intervened positively to improve the economy and would continue to increase the intervention. "The government is responsible for increasing the morale of the private sector, creating an investment-friendly environment and encouraging results-oriented work," he said.

Dahal said that after assuming the responsibility of the Prime Minister, he took a vow to make the cooperation with the private sector effective and result-oriented. He said that he is aware of the fact that this has made industrialists confused and disturbed, and he expressed his intention to work seriously to get rid of this situation. "Before the investment conference, we have already amended a dozen laws together," he said. .' In the

program, Industry, Commerce and Supply Minister Damodar Bhandari also said that policy and legal issues needed to improve the environment for industry, trade and investment will be speedily advanced. He said that in addition to developing the necessary environment for production growth, the government will prepare a suitable environment to enhance the competitiveness of the domestic industry.

'The government wants to build a dynamic economy by creating and revising the industrial policy, startup policy, domestic and small and medium industry promotion policy and intellectual policy,' said Minister Bhandari, 'in the campaign of a prosperous Nepal through the development of a sustainable and sustainable economy, the government is private. Ready to shake hands with the region.' Speaking at the

ceremony, Rajesh Kumar Agarwal, the President of the Federation of Industries, warned that the government is trying to boost the economy with a bandage when there are all-round challenges and the need for major surgery to improve the troubled economy. He said that the country cannot achieve prosperity in the absence of hard-working industrialists. "It is the state's responsibility to protect, encourage, and respect industrialists," he said, "the goal of prosperity cannot be achieved by demoralizing industrialists." Aggarwal objected to the increase. "Such a situation is happening not only in the private sector, but also in the bureaucracy and political leadership," he said, "bargaining in the name of arrest, dehumanizing and trying to establish evil in the public mind are being done." That's why the Confederation of Nepal Industry has requested to arrange advance guarantee.

He informed that due to the high contraction in the overall demand due to the existing economic recession, the producers could not even raise loans while they were in trouble. He has requested to make necessary arrangements to protect the payment. He said that even though the federation has been giving suggestions to the government and regulatory bodies by identifying priority areas to make the economy dynamic, it is sad that those suggestions have not been implemented.

'We made clear suggestions for immediate and long-term work in areas where our competitiveness is high, such as industry, energy, tourism, information technology, construction and infrastructure, agriculture,' he said, 'but those suggestions have not yet been implemented. In the event, the Confederation also honored entrepreneur Vasudev Golyan with the President's Award.