Section 6
Smes And E-commerce
12.6.1 A feasibility study aimed at developing a comprehensive legislation regarding e-commerce will be carried out within the year 2018. This will include legislation on digital signatures, privacy, consumer protection, copyright and intellectual property, and content regulation

12.6.2 Establish monetary and fiscal policy measures to ensure consumer confidence in E- Commerce;

12.6.3 Develop effective laws and regulations that shall govern E-Commerce at national level supported by regional and international systems;

12.6.4 Establish mechanisms to protect intellectual property rights related to E-Commerce.

12.6.5 Facilitate the adoption of E-Commerce especially by SMEs in agriculture, tourism, small scale mining and manufacturing as well as non-traditional exports to ensure productivity and growth

12.6.6 Cultivate a culture of E-Commerce in the country, which supports electronic business transactions at national, regional and international levels;

12.6.7 Develop action plans aimed at facilitating the involvement of Small and Medium Enterprises (SMEs) and disadvantaged groups to enhance their effective participation in E-Commerce activities;

12.6.8 A thorough review of electronic payment scenario in Nepal in terms of legal, regulatory and infrastructural requirements will be conducted

12.6.9 Specific measures will be taken to modernize government payments leading to the development of a comprehensive national payments system that can also support financial inclusion

12.6.10 Promote and incentivize e-payment service providers including development of strategies aimed at positioning mobile phones as a device promoting financial inclusion and facilitating on-line financial transaction. Along these lines e-payment enablement in at least 10 government services within the year 2018 will be secured.

12.6.11 A special program will formulated and rolled out to obtain substantial benefits from migrating government expenditures and collections to electronic payments through payments infrastructures to process such payments safely, efficiently and at a reasonable cost.

12.6.12 Restructure and modernize the banking and payment system to facilitate electronic banking and financial services in order to increase the development of E-Commerce and trade;

12.6.13 National e-Payment infrastructure will be set up in the country to facilitate and enable on-line payments.

12.6.14 Initiatives will be taken to ensure that payment and settlement systems in the country are safe, efficient, interoperable, accessible, inclusive and compliant with international standards.