Focus on production to boost GDP: DPM Singh

Kathmandu: Deputy Prime Minister and Minister for Urban Development, Prakash Man Singh, has said it was imperative to stress the production sector so that gross domestic product (GDP) would make progress.

Inaugurating the ‘Fin Electro Tech-2024′ organized by the electrical entrepreneurs’ federation here Thursday, DPM Singh urged the private sector to focus on production sectors.

‘Investment in production is essential. Equal need is of clean energy which can be exported and earned money,’ he said, adding that unity and collaboration among all can create an atmosphere for it.

The DPM viewed that once the goods produced within the country are prioritized, it would create a positive impact on the national economy. According to him, the government was at work to make the economy dynamic and vibrant.

The issues facing the commerce and private sectors would be addressed, he assured. The event, to run till October 18, is expected to gather entrepreneurs from sectors ranging from electronics and electrics to IT and exchange ideas on innovation in technologies.

RSS