The industrial policy of Nepal aims to promote industrial development, create jobs, and increase incomes to contribute to the national economy. The long-term goal is to minimize poverty through sustainable industrial growth in cooperation between public, private, and cooperative sectors. Objectives include increasing exports, production, employment, and national income through competitive industries while ensuring balanced regional development using local resources. Major policies focus on export promotion, new technologies, industries using local resources, and strengthening the industrial foundation. Challenges include political instability, energy shortages, weak infrastructure, lack of skilled labor, and global competition.

1. Industrial Policy
By: Lalita Shrestha

2. Industrial Policy
Concept
 Industrial Policy, 2049 was formulated with the objective of
promoting industrial sector.
 Industrial Policy, 2067 has been implemented by making policy
improvement as per time and need with the aim of bringing
positive changes in social sector and overall development of the
nation through industrial development.
 It is expected to increase the activities relating to industrial
development, create extensive employment opportunities, and
increase people's income level such that industrial sector would
contribute to the national economy as a leading sector.

3. Long-term Goal
The long term goal of industrial policy is to provide a major
contribution in national economy by assisting in minimizing
poverty through sustainable and broad foundation of industrial
development on the basis of effective coordination and
cooperation of public, private and cooperative sectors.

4. Objectives
 To increase exports of industrial products and ensure rise in national income and
employment through increase in qualitative and competitive industrial production as
well as productivity.
 To increase the contribution of industrial sector on balanced national and regional
development by mobilizing local sources, raw materials, skills and resources.
 To establish industry business as a sustainable and reliable sector by using latest
technology and environment–friendly production technique.
 To establish Nepal as an attractive investment place in South Asia region and world by
strengthening the foundation of investment through development of required
productive manpower and managerial efficiency for industrial development.
 To protect industrial intellectual property right.

5. Some Major Policies
 To provide help in earning foreign currency and correct balance of payments by
increasing the exports of industrial products.
 Priority will be given to develop and achieve new technology in national and industrial
unit for increasing the competitive capacity of industrial products and services, quality
and productivity.
 Special emphasis will be given to the promotion of industry utilizing local sources and
raw materials, skills, labour and technology.
 Industrial foundation will be made strong and sustainable by identifying and utilizing
the sector having competitive and comparative advantage.

6.  Technical and economic help will be provided to the industries using environment-friendly and
energy saving technology by their own efforts.
 Special measures will be implemented to promote green industries and pollution less and zero
carbon to established industries.
 Creative young citizens will be attracted towards industry business for creating self-employment
opportunities by increasing their efficiency through industrial skill, entrepreneurship and efficient
industrial management.
 Industrial Security Force will be made effective to strengthen the industrial security management.
 Effective agency will be established to protect Intellectual Property Rights.
 Special encouragement will be provided to entrepreneurs to use intellectual property.

7. Silent Features
Three Pillar Mechanism
'No Work, No Pay' Provision
Special Economic Zone
Provision of One Village One Product
Protection of Industrial Intellectual Property Rights
Provision of Incentives

8. Major Problems and Challenges
 Political instability
 Industrial insecurity
 Uncomfortable labour relation
 Minimum availability of energy
 Weak industrial foundation facility
 Lack of efficient man power
 Lack of efficiency in adopting technology
 Low productivity
 Lack of diversification in exportable products
 Weak supply management situation
 Lack of environment in people to make
industry business as a means of subsistence
Problems

9.  Attraction of Nepalese labour in foreign
market
 Lack of efficient manpower from labour
to management level
 Under utilization of major resources of
Nepal
 Geographical difficulties
 Increasing competitive environment
worldwide
 Effects of economic liberalization and
globalization
 Diversification of competitive efficiency
of exportable goods
Challenges

10. THANK YOU