Kathmandu, Dec. 28
Chamber of Industries Morang (CIM)
has launched 'Business Clinic' to diagnose the challenges in business and
industries and offer solutions to them.
To support the initiative Ministry
of Industry, Commerce and Supplies (MoICS) of the federal government has set a
'focal point' at the ministry.
A delegation of the chamber had
met secretary of the MoICS, Arjun Prasad Pokharel' and other officials and
presented 104 problems of its member industrial institutions. In response, the
Ministry had agreed to dedicate a focal point to hear the grievances of the
business community and help in resolving them, CIM said in a statement on
Tuesday.
Both the parties will hold a
meeting every three-month to review the project and facilitate the industries,
said President of CIM Suyesh Pyakurel.
Currently, CIM is conducting trips
to the businesses and industries to collect their problems. Such problems will
be classified into operational, policy, industrial-special and common
challenges, and subjects like energy, tax, revenue, labour, customs,
import-export, banks and financial sector, and local government.
According to Pyakurel, the
provision of the focal point will help industrialists and businessmen to
resolve their problems from a single window.
"We have launched the Business
Clinic as a model programme to conduct advocacy to resolve the problems of our
member industries and support them in capacity enhancement.
The clinic has internal and external sectors.
Internal sector includes the health check up with the testing of internal
capacity of the respective industry and business and identify problems.
Similarly, external sector includes conducting industry visits for the
collection and identification of problems, their classification, policy
analysis and working with the focal point at the ministry to solve them.
Meanwhile, CIM-associated business
community has said that the liquidity crisis has pushed the businesses into a
new crisis.
"Banks are shying away from
opening the Letter of Credit (LC) and not mobilizing loans while they have
increased the interest rates and following up for the repayment of the capital
and interest as per new rates," said CIM President Prakash Mundara in an
interaction with the Nepalese Association of Financial Journalists (NAFIJ) in
Biratnagar a couple of days ago.
According to him, banks are
blackmailing the industries and businesses showing the punishment from the
Nepal Rastra Bank which has disturbed the businesses in Province 1.
Mundada also said that the policy
to maintain 100 per cent cash margin for the import of some goods had damaged
the country's image in the international market.
"If the liquidity crisis was
looming, why did the government open the import of beetle nuts, cloves and
pepper? A situation is being developed where businessmen with large amount of
money can only do the business," he said.
Published in The Rising Nepal daily on 29 December 2021.
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