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Labour problem blocks export growth

The continuous labour problem has compelled industrialist to take minimum orders than their capacity.

“Nepal is receiving encouraging orders for different products, however industrialist are not ready to take,” said executive director of Trade and Export Promotion Centre Ramesh Shrestha.

“Government should create conducive industrial environment at home,” he said, urging the government to solve labour issues. Due to worsening labour problem, industrialist do not want to take any orders as they fear timely delivery. “If only government implemented Cash Incentive facility for industries, the industrialist could have taken some way out to take more orders.

However, according to joint secretary at Ministry of Commerce and Supplies Toya Narayan Gyawali, the cash incentives have been approved by the cabinet.

The first nine months data of export and import is quite satisfactory than a year ago. “We have also observed encouraging export that proves that there is a huge demand of Nepali products in the international market,” Shrestha added.

According to the centre’s data, export in the nine months of current fiscal year — compared to same period last year — has increased by 7.4 per cent.

Iron and Steel articles of Rs 7.73 billion with16.12 percentage share in total export, Yarns — Polyester, Cotton and others — worth Rs 4.30 billion with 8.96 percentage share, Woollen Carpet worth Rs 3.50 billion that is 7.29 percentage, lentils worth Rs 3.18 billion with 6.62 percentage share and Readymade Garment worth Rs 2.99 billion with 6.29 percentage share are the top exports in the first nine months of the current fiscal year.

Other products like textiles, tea, jute bags and sacks, woollen and pashmina shawl, copper and articles, cardamom, dentifrice (Toothpaste), hats and head-gears, hides and skins, cotton sacks and bags, noodles and pasta, handicrafts, medicinal herbs, Nepali paper and paper products, and ginger have also recorded a growth compared to the same period last year.

Nepal’s top five trading partners are India (Rs 31.21 billion), Bangladesh (Rs 3.28 billion), USA (Rs 2.76 billion), Germany (Rs 1.91 billion), and U.K (Rs 1.04 billion) in the first nine months. France, Turkey, Canada, Singapore, Italy, Japan, and People’s Republic of China have also consumed Nepal’s products.

Published on: 17 June 2011 | The Himalayan Times

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