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Entrepreneurs Warns of Deepening Crisis in Domestic Food Industries

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Entrepreneurs Warns of Deepening Crisis in Domestic Food Industries
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May 11: Stakeholders have shown their concerns over the crisis in Nepali food industries following the short sighted policies of the government. In a round table program jointly organized by Aarthik Abhiyan Dainik and Birjung Chamber of Commerce and Industries on ‘Problems and solutions of food industries ’, entrepreneurs blamed the government to have been reluctant in the preservation of domestic industries. According to them, maximum number of food industries is in the verge of collapse due to the lack of proper industrial policies. “If the proper policies are not adopted for the protection of the industries in time, billions of investment of those industries will dissolve,” warned entrepreneurs.

“In the past food products used to be exported from Nepal but at present domestic food industries are in the danger of collapse due to excessive import,” says Pradip Kumar Kedia, President of Birjung Chamber of Commerce and Industries. According to him, despite the compulsory agricultural investment policy made by the government, the targeted aim has not been achieved due to poor implementation. “Joint effort is needed to ward off the problems in food industries,” adds Kedia.

“Government has not been able to be alarmed with the problems and utilization of possibilities of industry and business in Nepal,” says Madan Lamsal, Editor-in Chief of Arthik Abhiyan Dainik. Lamsal, who is also the Chairman of New Business Age, said that private sector should not only look out for the government. He suggested the entrepreneurs to boost agricultural production as it can help to reduce the existing problems.

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