KATHMANDU: The Federation of Nepal Cottage and Small Industries (FNCSI) has urged the government to keep the micro, cottage and small industries (MSME) sector in the national priority. The federation has suggested that the next 10 years should be declared as ‘MSME Development Decade’, concessional and collateral-free loans should be provided and tax concessions should be given to new industries.
Likewise, the FNCCI has demanded prioritization of at least 30 per cent domestic MSME production in public procurement, ‘Made in Nepal’ campaign, export facilitation and government subsidies for the import of modern technology.
Similarly, the FNCCI has proposed a special entrepreneurship package for women and foreign employment returnees, a ‘100 start-up-100 investor’ programme and a fast-track industrial service to make government services hassle-free.
The FNCCI said that a self-reliant economy could be built by increasing production, employment and export through collaboration among the government, private sector and stakeholders.
Responding to the demands of the FNCCI, Acting Prime Minister Wagle said that the government has prioritized the small and cottage industries (MSME) sector.
Federation’s support to flood victims
On this occasion, the federation has donated Rs 555,555 for the relief of the flood-affected families. FNJ President Shobha Gurung handed over the assistance amount to Acting Prime Minister and Finance Minister Dr. Wagle. The assistance amount has been deposited in the Prime Minister’s Natural Disaster Relief Fund.
The federation has been collecting necessary materials for the victims’ families and will soon distribute them to the affected areas.
The delegation comprises advisor of FNCCI Basu Giri, senior vice-president Dambar Prasad Regmi, vice-presidents Harihar Thapa, Mohan Katuwal, Satya Narayan Prajapati, Janaki Pradhan, Gunaraj Dhakal, FNCCI Women Entrepreneur Committee President Rita Awal, FNCCI general secretary Binod Dev Panta, treasurer Birendra Jatti among others.
