Nepal Launches New Directive to Boost Micro-Enterprises for Poverty Alleviation
Summary
The Nepalese government has launched a new directive to promote micro-enterprises, aiming to alleviate poverty by empowering disadvantaged communities and fostering self-reliance through entrepreneurship support and financial facilitation.
Key Points
- Nepal has introduced a new procedural directive to promote micro-enterprises for poverty alleviation under federal governance.
- The program targets economically and socially disadvantaged groups, prioritizing women, Dalits, indigenous nationalities, and other marginalized communities.
- Integrated services including training, technology transfer, financial access, and marketing support will be provided to micro-entrepreneurs.
- Implementation responsibilities are shared across federal, provincial, and local governments with provisions for monitoring, risk mitigation, and grievance management.
