Govt to manage security printing

Kathmandu, August 9 – Minister for Industry, Commerce and Supplies, Shankar Prasad Koirala, said the government has been doing homework to manage security printing in the country.

 

Inaugurating the First National General Convention of the Nepal Printing Industry Association here today, he said it has been inevitable to establish a special press to stop national currency from going outside the country as the nation has to invest a large amount of money for security printing abroad.

 

The printing industry not only supports in revenue collection but also creates opportunity of employment and supports the state and that the government was positive to address the problems of the printing entrepreneurs.

 

The government has a policy to work in the public-private partnership for making the economy dynamic and development of industries, said Koirala. The government is ready to reform the existing laws and move ahead if there is something unclear in acts and regulations, he said.

 

According to the Association, as many as 2,000 presses are affiliated in the Association from different 40 districts while around 20 billion rupees has been invested in the sector.

 

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