Production, productivity should increase with favorable environment for decent labor, President says

Kathmandu : President Ramchandra Paudel has said internal production and productivity should be increased by ensuring an enabling environment for decent labour within the country.

In a message of the best wishes on the occasion of the International Labour Day 2024, the President argued that the internal labour market should be robust for the nation's economic prosperity and building a self-reliant-oriented economy.

For entrepreneurship development, the contributions of entrepreneurs for investing their capital and the workers for their labour and skills are equally important to make higher production and productivity by creating a favourable environment, according to the President.

In his message on the 135th Labour Day, the President has stressed the use of domestic productions and added that this day would inspire all towards providing respect to labour, self-employment, appropriate wages and social security and assurance of other rights of the labourers.

The International Labour Day (May Day) is being celebrated on May 1 worldwide including in Nepal in commemoration of the workers' movement in Chicago, USA in 1886 that demanded respect and rights for workers.

Likewise, the President has expressed his confidence that this day would unite the world's working-class people in a unity thread for the protection of their rights, welfare and freedom.

He has also stated that the working-class people would also benefit from the materialization of the constitutional provision of developing a socialism-oriented economy based on democracy.