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Nepal Classifies Music, Sports and Film as Service Industries


ABC NEWS
९ भदौ २०८३, मंगलबार   २ : ५५   बजे

Kathmandu— Nepal’s Minister for Industry, Commerce and Supplies, Gauri Kumari, announced that music, sports, and film are officially classified as service industries within the country's economic framework. The clarification came during a session of the House of Representatives on Thursday, in response to questions from Shram Sanskriti Party MP Harkaraj Rai regarding the sectors’ industrial status. Minister Kumari explained this categorization is consistent with both the Industrial Policy of 2067 and the Industrial Business Act of 2076.

Industrial Classification Details

According to Minister Kumari, while these sectors will be formally registered as industries, promotion, development, and regulatory functions will remain under the purview of relevant governing bodies. This distinction clarifies their administrative oversight without altering their fundamental classification as service-based enterprises.

This decision aligns with existing legislation, specifically the Industrial Policy of 2067 and the Industrial Business Act of 2076, which define these creative and athletic fields within the broader service industry category.

Budgetary Information Access

Minister Kumari directed those seeking specific budgetary details for these newly classified service industries to consult the budget information system maintained by the relevant ministries. She indicated that comprehensive financial data pertaining to the fiscal year 2083/84 is readily accessible through this official channel.

The minister’s statements provide clarity on the government's current stance regarding the categorization of these sectors and how they will be administered.

(With inputs from RN)

Originally published on abcnews.com.np.

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