New Industrial Policy soon

The government is set to finalise the draft 'National Industrial Policy 2015' soon aiming to generate more employment in the country, officials said.
The policy has given priority to establish labour-intensive industries in the remote areas of the country with a view to creating additional employment, they said.
Realistic measures are likely to be included in the policy to help expand the country's SME (small and medium enterprise) sector, they said.  
Besides, target is expected to set in the policy to raise the stake of industrial sector to 40-45 per cent in the national economy, they mentioned.  
A meeting was held in June last to take opinions on the draft.    
"We have received opinions from the different ministries, divisions, agencies and directorates on the draft National Industrial Policy-2015 at a recent meeting that are now being reviewed elaborately," a high official of the Ministry of Industries (MoI) told the FE.
He said necessary changes will be made in the draft policy after reviewing the received opinions. Then the policy will be finalised as early as possible.
The present government has identified the SME as a priority sector and as the driving force for industrialisation in the country, sources concerned said.
In February last, the MoI formed a nine-member committee to prepare a new national industrial policy by reviewing the national policy-2010. Later, three other committees were formed to assist the previous committee. All these committees prepared a draft policy primarily, according the ministry.
The MoI met with the representatives of different ministries, divisions, agencies and directorate's several times for taking opinions on the primary draft policy.  Further correction, extension and inclusion will be made in the light of their opinions.
The Industrial Policy-2010 aims at achieving the Millennium Development Goals (MDGs) such as reducing unemployment and the proportion of the population afflicted by poverty and hunger to less than half by 2017.
The Industrial Policy-2010 also pledges that no effort will be spared in raising the growth rate of the Gross Domestic Product (GDP) to 8.0 per cent by 2013, further to 10 per cent between 2017 and 2021.
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