www.lawcommission.gov.np (d) Policies relating to Economy, Industry and Commerce: (1) To strengthen national economy through participation and independent development of the public, private and cooperative sectors; (2) To achieve economic prosperity by way of optimum mobilization of the available means and resources, while focusing on the role of private sector in economy; (3) To promote the cooperative sector and mobilize it in national development to the maximum extent; (4) To encourage and mobilize the economic sector in the overall national development, while providing for regulation to maintain fairness, accountability and competition in all of its activities; (5) To make equitable distribution of the available means and resources and benefits of economic development; (6) To diversify and expand markets for goods and services, while promoting exports through development and expansion of industries upon identifying areas of comparative advantage; (7) To protect interests of consumers by maintaining trade fairness and discipline by making national economy competitive, while eliminating activities such as black marketing, monopoly, creating artificial scarcity and restricting competition; (8) To protect and promote national industries and resources and accord priority to domestic investment based on Nepali labour, skills and raw materials for development of national economy; (9) To accord priority to domestic investment for development of national economy; (10) To encourage foreign capital and technological investment in areas of import substitution and export promotion, in consonance with national interest, and encourage and mobilize such investment in development of infrastructure; 25

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