Government policy accused

Himalayan News Service

Chitwan, July 5:

Participants at the ‘national convention of sick industries,’ said that the government tax policy, current insurgency and businessmen are primary causes for sickness assailing industries.

Participants at the second national convention of National Association of Rehabilitation of Sick Industries (NARSI) also said that the current insurgency should be solved as soon as possible. They added that government policies have been extremely harsh in nature. Tika Prasad Chaulagain, first chairman of the NARSI, chaired the convention while entrepreneurs from Chitwan, Nawalparasi, Bhaktapur, Kathmandu, Makwanpur, Kailali, Gorkha and Saptari districts participated.

Madan Lal Joshi, chairman of Narayangarh Chamber of Commerce and Industry, said that internal as well as external factors have created havoc in the business sector. He said, the success of the business and industry depends on the managerial and personal capacity of the industrialist. Uttam Sharma Dhakal, chairman, Makwanpur Chamber of Commerce and Industry; Keshav Narayan Shrestha, Ratnanagar Chamber of Commerce and Industry and Tulsi Devkota also expressed their views.