FNCSI welcomes budget
May 31, 2018, 4:25 p.m.
Kathmandu, May 31 . The Federation of Nepal Cottage and Small Industries (FNCSI) has welcomed the budget as positive, but pointed out challenges to its implementation.
Despite adequate efforts for industrialisation, the budget fails to clearly address industralisation however, said a statement issued by the FNCSI.
The budget fails to take measures to revive and upgrade cottage and small industries numbering around 290,000 across the country, said the statement.
"There are mixed results in half-yearly budget progress"
Total government spending amounts to Rs. 667.60 billion in 6 months
"There are promising signs of economic recovery"
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