661 new industries registered in last 10 months in Kailali

A total of 661 new cottage and small industries were registered in the Office of the Cottage and Small Industry in Kailali district in the last 10 months of the current fiscal year 2023/24. According to Tikendra Prasad Joshi, Account Officer at the Office, among the registered new industries, 13 were related to production-oriented, 296 were agricultural based and 235 were service-oriented. The number of industries owned by women is notably increasing lately, said Joshi, adding that the increase in the enterprises owned by women was increasing due to the discount in the taxes in registration of the private firms owned by women. So far, 15,496 industries of various scales are registered in Kailali. Among them, registration of 137 industries were scrapped. While the number of industries shutting down officially remains negligible, those failing to renew on time were scrapped, he said. Joshi shared that investment worth over Rs 25 billion has been proposed for the registered industries. Similarly, the offic e collected more than Rs 14 million in revenue during the period. Source: National News Agency RSS