Update setup.py

[tejhande]

1. File Handling Errors: Proper error handling added for file operations to handle scenarios like file not found or inaccessible.

2. Dependency Resolution Issue: Improved method for parsing requirements.txt to ensure robustness and reliability.

3. Entry Point Specification: Ensure correct definition of the console_scripts entry point and corresponding function or CLI.

4. Documentation Improvement: Enhance documentation to provide clearer instructions and usage details.

5. Versioning: Ensure adherence to Semantic Versioning guidelines for package versioning.

6. Code Formatting: Consistent code formatting can be enforced using tools like black, flake8, and isort.

7. Testing: Include unit tests to verify package functionality and prevent regressions.

8. License File: Include a LICENSE file in the distribution to clarify licensing terms.

[tejhande]

Any update?