Mahabir Pun Urges Prioritization of Research and Innovation for Industrial Development

Member of Parliament Mahabir Pun has urged the government to prioritize research and innovation for industrial development and economic prosperity. He criticized Nepal's tax policy, stating it is not industry-friendly and suggested concessions on raw material imports rather than luxury goods. Pun also highlighted the lack of a systematic 'Patent Office' and called for subsidies and tax exemptions for inventors and new entrepreneurs.