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6. Stable Government and Good Industrial Policy
The government must make good industrial policy so as to ensure security to the
investors. Similarly, government also makes some secure policies against the foreign
products to make Nepalese industries able to compete with them. Heavy tax on foreign
goods, reduced tax for Nepalese products and priorities to the Nepalese products are
some of the major solutions to develop medium and large scale industries.
Activity
Discuss the importance of local products than the foreign products. Also ask your
friends that how often they used foreign products.
Exercise
Answer the following questions:
1. Define medium and large scale industries according to the Industrial Act 2054
(amended).
2. What are the importances of industries in the developing countries like Nepal?
3. How do we promote Nepalese industrial products?
4. What are the problems of industries and their solutions?
5. What can be the strategies of the government to discourage foreign products
and encourage Nepalese products?
Community Work
Identify the possibilities of establishment of any industry in your locality by observing
the availability of raw materials and other infrastructures required for industries.
Dynamic Social Studies - Book IX 300

