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Monday, December 15, 2014

Nepal sailing towards path of prosperity-Minister Dr Mahat



Ratnanagar (Chitwan), Dec 15: Finance Minister Dr Ram Sharan Mahat has lambasted on current regressive trends of disrupting hydropower projects in different districts.

Addressing the 48th general assembly of the Chitwan Chamber of Commerce and Industry here on Monday, Minister Dr Mahat called for all political parties to get engaged in development works from now onwards.

He also informed that China and the United States are investing a big chunk of capital in Nepal. "The international community is ready to flow investment to Nepal. We need to enable environment for capital inflow", he said, expressing confidence that everything is feasible in Nepal.

The Finance Minister further informed the government has announced to waive five per cent of tax amount to any industry having investment of over Rs 5 billion and providing employment to at least 500 workers.

He made it clear that the government has announced same law applicable to tourism industry established at the investment of Rs 3 billions.


"Nepal has witnessed substantial progress during the past 10 months which were not possible during last three decades", he said, adding, "Now Nepal is sailing to the path of prosperity". RSS

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