Stakeholders push for priority status to micro and small industries for economic self-reliance

KATHMANDU: A call for declaring micro, cottage, and small industries as a priority sector akin to agriculture has gained traction, emphasizing the need for self-reliant economic growth and a reduction in trade deficits.

During a policy-level discussion hosted by the Federation of Nepali Cottage and Small Industries, stakeholders underscored the pivotal role of these industries in fostering self-sufficiency within the economy and advocated for their designation as a priority sector, echoing the status accorded to agriculture.