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Enterprises closed due to Covid-19 impact get refinancing: Minister Bhatta

File: Lekh Raj Bhatta

Chitwan, January 29

Minister for Industry, Commerce and Supplies Lekh Raj Bhatta has said the government has planned to provide refinancing for the operation of the enterprises closed due to the Covid-19 crisis.

Minister Bhatta said this while addressing the 12th annual general meeting of Nepal Federation of Brick Industries in Chitwan on Thursday.

“Discussions are underway to refinance the industries that suffered much due to the Covid-19 pandemic. The state bears the responsibility to resume such industries that prop up national economy,” Minister Bhatta said.

At a time when the farmers have been protesting the decision to allow foreign investment in agriculture, Minister Bhatta observed that the protest might have emerged due to misunderstanding.

“The government is importing only technology not a foreign investment in agriculture. The import and use of technology will reduce investment cost,” he explained.

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