Nepal, in the past decades or so, has witnessed a massive leap in terms of Information, Communication and Technology (ICT). Increasing Internet Service Providers (ISPs) along with an increasing number of internet service users has facilitated the economic environment through access to goods and services over the internet and socio-political environment through access to a platform for expressing opinions. By and large, Nepal lacked a sufficient legal framework to regulate the sphere of Information, Communication, and Technology. Although on paper the Electronic Transaction Act was enacted to regulate the exchange of information over the internet and facilitate it through electronic means, it became apparent after a few years that the said Act contained very little provisions relating to electronic transactions.
In the wake of the inadequacies of the previous Act, the Ministry of Information Communication and Technology has prepared a Bill to cover these inadequacies and to incorporate suitable new provisions as per the changing environment of information and technology.