While the established industries are scrambling to reach their full production potential amid the pandemic, as many as 103 proposed firms<\/strong> have pledged to invest NPR 72.62 billion<\/strong> in the first half of the current FY 2021\/22.<\/p>\n According to Nepal\u2019s Department of Industry (DoI), the number of registrations for new business has stood at almost zero for four successive months after the Nepali Government imposed a nationwide lockdown.<\/p>\n The new business registrations, however, showed an upward trend between mid-July and mid-December.<\/p>\n Major Nepal investments are as follows:<\/strong><\/p>\n These recent developments in new license requirements show a positive sign for the economic revival in the country.<\/p>\n <\/p>\n A recent report by the Nepal Rastra Bank<\/strong> revealed that 91% of the companies had resumed their operations recently after the government implemented a flexible policy to encourage business amid the pandemic. While the firms’ production level has increased 2X times to 50.51%<\/strong>, the employment level has reached 87.51%, up from 77.50%.<\/p>\n Stay Tuned to NepaliSansar for Latest Nepal Economy News<\/a>!<\/strong><\/p>\n\n
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