Ministry of Industry, Commerce and Supplies (Nepal)

As a first milestone and epoch making event, an industry council was being set up by then Prime Minister of Nepal, Judha Samsher, Ja. BA. RA. that was carried a pin point objectives; to promote and cope industrial activities and for conducive business environment in the state, in that year, laws related to the companies, entities and industrial business were first introduced to implement. As the ministry of industry and commerce was established in 2038, it's jurisdiction had one more thing been assigned by supplies sector in 2040 B.S. Since that year, industry, commerce, and supplies were separately introduced as three ministries of government of Nepal. Eventually, these three emerging sectors had recasted a ministry of industry, commerce and supplies by 2057 B.S. Likewise, then new government in need based setup the ministry of commerce and ministry of Supplies separately. As of 2074 BS, federal Ministerial council has established as a ministry of industry, Commerce and supplies by intermingling those vibrant three sectors. The government of Nepal deemed as a pivotal ministry due to carried out of it's vulnerable and especial service sector which are solemnly connected to the contribution of GDP, state's economy and growth rate as well. The key functions of the ministry has been accomplishing of creation of conducive atmosphere for industrial development and investment promotion, and also tasks of regulation and facilitation of internal, bilateral, and regional trade as well as protection and building the industrial infrastructure and intellectual property right so on.