Saturday, September 26th, 2026

Minister Sinha vows to promote cottage industries



KATHMANDU: Minister for Industry, Commerce and Supply, Anil Kumar Sinha, pledged government support to develop and promote cottage and small industries as a key to a thriving economy.

He made the remarks during a meeting with representatives of the Federation of Nepal Cottage and Small Industries. “Small and cottage industries are the backbone of the national economy. Therefore, the government prioritizes this sector to foster further growth,” the minister emphasized.

Although his tenure as minister has been brief, Sinha assured that he would do his best to promote small industries through effective initiatives. He also highlighted the government’s commitment to prioritizing the use of locally produced goods, which, he said, would help create jobs and reduce imports.

According to the minister, local resources could be utilized in reconstruction projects. Public offices will be encouraged to procure national products, especially for furniture and rebuilding activities, he added.

Publish Date : 28 September 2025 09:02 AM

Economic Digest: A Snapshot of Nepal’s Business News

KATHMANDU: Economic Digest presents a brief yet comprehensive roundup of

Iran offers US deal to reopen Strait of Hormuz within seven days

NEW YORK: Iran has offered the United States a deal

Kaligandaki, Ridi rivers swell, vulnerable settlements evacuated

GULMI: Residents of vulnerable settlements around Lamochaupari in Ruru Kshetra

One month on, Bhotekoshi flood’s scars still run deep

KATHMANDU: A month has passed since the Bhotekoshi River unleashed

Foreign currency exchange rates fixed for today

KATHMANDU: Nepal Rastra Bank has fixed the foreign exchange rates