The Confederation of Nepalese Industries (CNI) has submitted a detailed report with a set of recommendations to the government.

CNI President Rajesh Kumar Agrawal presented the report to Prime Minister Pushpa Kamal Dahal on Monday, outlining proposals for amendments to 28 Acts and Regulations, abolishing five existing Acts, and introducing three new ones.

The report, also shared with Speaker Devraj Ghimire and Chief Secretary of the government, Dr. Baikuntha Aryal, calls for legal framework reforms for building a robust economy. According to Agrawal, the research behind the recommendations involved consultations with legal experts, industrialists, stakeholders, thematic experts, and a comparative study referencing various countries.

Key areas of focus in the recommendations include amendments to the Industrial Business Act, 2076; Industrial Business Regulations, 2078; Income Tax Act, 2058; Company Act, 2063; Act relating to Act, 2021; Forest Act, 2076; Foreign Investment and Technology Transfer Act, 2075, among others.