Nepal, March 20 -- Prime Minister KP Sharma Oli said that startup loan assistance will be provided to encourage youth entrepreneurship, with plans to disburse loans to at least 500 entrepreneurs this year.

During today's meeting of the House of Representatives, PM Oli, while responding to questions from lawmakers, said that the process of selecting applicants for a program offering concessional interest rates to attract investors for startup-based entrepreneurship development, focused on fostering creativity and innovation, is in its final stages.

He mentioned that the government recently concluded the National Labor and Employment Conference with the aim of expanding domestic production and productivity to create a sustainable base for...