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Nepal has Market of Rs 40 Billion for Medicine: Traders
1 min 1 sec to read
November 12: Local traders of Nepal have claimed that the country has a market of Rs 40 billion for medicine. “Currently, the medicine industry has a market of Rs 40 billion in Nepal,” said Deepak Prasad Dahal, president of Nepal Pharmaceutical Association (NPA), on the occasion of the 23rd general assembly of the association. He said that the market will expand to Rs 100 billion in three years.
Bhawani Rana, president of the Federation of Nepalese Chambers of Commerce and Industry (FNCCI), said that the industry is not business friendly. She added that the FNCCI was ready to help pharmaceutical industry to become stronger.
“For the last 20 years, the country has gone through political change only. Now, we should centralize our focus on socio-economic development of the country,” said the President of the Confederation of Nepalese Industries, Hari Bhakta Sharma.
“The government should strengthen the Department of Drug Administration,” he said, adding, “Sectors like livestock, food and pharmaceuticals should be monitored by a single body rather than by a number of small bodies.” He also reiterated that Nepal currently has a market of Rs 40 billion for medicine.
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'parentOf' => '208',
'published' => true,
'registered' => '2015-07-20 00:00:00',
'sortorder' => '90',
'del_flag' => '0',
'homepage' => false,
'display_in_menu' => false,
'user_id' => '1',
'created' => '0000-00-00 00:00:00',
'modified' => '0000-00-00 00:00:00'
),
'User' => array(
'password' => '*****',
'id' => '16',
'user_detail_id' => '0',
'group_id' => '1',
'username' => 'anmaharjan@newbusinessage.com',
'name' => '',
'email' => 'anmaharjan@newbusinessage.com',
'address' => '',
'gender' => '',
'access' => '1',
'phone' => '',
'access_type' => '0',
'activated' => false,
'sortorder' => '0',
'published' => '0',
'created' => '2016-04-04 17:02:17',
'last_login' => '2018-09-17 11:47:56',
'ip' => '202.63.242.112'
),
'ArticleComment' => array(),
'ArticleFeature' => array(),
'ArticleHasAuthor' => array(),
'ArticleHasTag' => array(),
'ArticleView' => array(
(int) 0 => array(
'article_id' => '6876',
'hit' => '1245'
)
),
'Slider' => array()
)
$current_user = null
$logged_in = false
$xml = false
simplexml_load_file - [internal], line ??
include - APP/View/Elements/side_bar.ctp, line 133
View::_evaluate() - CORE/Cake/View/View.php, line 971
View::_render() - CORE/Cake/View/View.php, line 933
View::_renderElement() - CORE/Cake/View/View.php, line 1224
View::element() - CORE/Cake/View/View.php, line 418
include - APP/View/Articles/view.ctp, line 391
View::_evaluate() - CORE/Cake/View/View.php, line 971
View::_render() - CORE/Cake/View/View.php, line 933
View::render() - CORE/Cake/View/View.php, line 473
Controller::render() - CORE/Cake/Controller/Controller.php, line 968
Dispatcher::_invoke() - CORE/Cake/Routing/Dispatcher.php, line 200
Dispatcher::dispatch() - CORE/Cake/Routing/Dispatcher.php, line 167
[main] - APP/webroot/index.php, line 117
