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Relief to industrialists, loan to be given on leased land

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Nepal Life

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Kathmandu. The government has announced a big relief for the industrialists.

Finance Minister Dr Swarnim Wagle made such announcement while presenting the budget for the upcoming fiscal year at a joint meeting of both houses of the Federal Parliament on Monday.

Esewa
Crest

According to Finance Minister Wagle, the structures built in industrial zones, special industrial zones and leased land can be mortgaged for banking purposes.

Finance Minister Wagle also said that arrangements would be made to provide business revival loan to the industries and entrepreneurs that have not been able to operate in full capacity due to lack of capital.

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