न्यूज अभियान
हरेक खबर विशेष खबर

Lalitpur, Nov 4: Minister for Industry, Commerce and Supplies, Dipak Kumar Shah, has informed that government would provide special concessions, collateral-free loans and arrange technology transfer in a bid to encourage women entrepreneurs. 

Speaking at a workshop on 'Women Entrepreneurship in Nepal: Review of Policy Implementation and Parliamentary Action Plan', organized by the Federation of Women Entrepreneurs Associations of Nepal (FWEAN), here on Wednesday, Minister Shah said even the startup loans at a three percent interest rate was mulled for small and medium-sized enterprises (SMEs) which are run by the women entrepreneurs. 

He further said the state should provide protection with various measures to the new industries in their initial stages. The Ministry is for simplification of the administrative procedures to establish and operate industries, thereby ensuring policy stability. Such initial support plays a vital role in job creation, tax contributions and economic prosperity, the Minister argued.

Minister Shah urged industrialists, businesspeople, experts and organizations to provide practical suggestions so that policy formulation and implementation would be made more effective. He also requested lawmakers to bring to light the legal and financial challenges facing women entrepreneurs in the parliament. Their active role helps enhance parliamentary oversight, he reminded. 

In his view, women entrepreneurship is instrumental in job creation, shift in social perspectives and improvement of national economy. Collaboration among the government, private sector, financial institutions and development partners are further essential to make effective journey towards economic development. 

President of the Federation, Darshana Shrestha, however, said women entrepreneurs have a huge role in creating employments and boosting national economy, they continue facing challenges such as access to finance, market expansion, business registration and operation. Policy and institutional barriers are equally concerning. 

Existing policies need effective enforcement, she said, underling urgency of necessary reforms and collaboration among stakeholders. 

The event dwelt on policy reforms, expansion of access to finance, institutional coordination and creation of conducive environment to promote women's entrepreneurship.