Nepal | January 26, 2021

‘Halt issuing licence to networking businesses’

Share Now:


The Industry, Commerce, Labour and Consumer Welfare Committee of the Parliament today directed the government to halt issuing licences to multi-level marketing businesses, popularly known as networking businesses.

The committee also directed the government to submit the details of companies that have acquired licences to operate multi-level marketing businesses, details of their promoters, different directives issued by the government to allow operation of such businesses, details of networking businesses and their owners who had cheated customers in the past and other related documents within three days.

The recent decision of the Department of Commerce, Supplies and Consumer Protection Management (DoCSCPM) to issue multi-level marketing business licence to various firms has been criticised by different quarters, especially consumer rights activists citing that such firms had massively cheated customers in the past and those acquiring licences for networking businesses were among those who were involved in cheating customers in the past.

Of late, the department had issued multi-level marketing business licences to firms, including iboss Global International, Nature Herbs International, New Bibek Enterprises, Healthy Living Nepal, Care Matters International, Uturn International and Global Orients Nepal.

Consumer rights activist Madhav Timalsina said that those acquiring new licences were among those who had cheated customers in the past.

“The same old people have been found to be taking licences in the name of direct sales of commodities.

As we have a bitter experience of such networking businesses in the past, the government should be careful while issuing such licences.

Moreover, licences should be issued only after bringing in necessary policies to regulate such business,” he mentioned.

Different firms including Herbo International, Unity Life International, Crystal Vision International and Best World Business Link, among others were found cheating customers of billions of rupees in the name of networking business. Moreover, customers of these firms, including that of Unity Life, are yet to receive compensation from the government.

However, the department has been defending its decision to issue such licences citing that licences were issued under the Direct Sales Commodity Act.

Meanwhile, the House panel has also formed a subcommittee under the coordination of lawmaker Som Prasad Pandey to conduct a study on the networking business and recommend effective policies to regulate it.

The committee comprises lawmakers Krishna Kumar Shrestha, Amrita Agrahari, Prakash Rasaili and Sarita Giri as members. The committee has been given 15 days to carry out the study and submit its report.

The House panel today had summoned Commerce Secretary Baikuntha Aryal and DoCSCPM’s Director General Netra Prasad Subedi for discussions.

A version of this article appears in e-paper on August 1, 2020, of The Himalayan Times.

Follow The Himalayan Times on Twitter and Facebook

Recommended Stories:

More from The Himalayan Times:

Estonia to get first female PM as government deal clinched

TALLINN: Estonia’s two biggest political parties clinched a deal on Sunday to form a new government to be led by a female prime minister for the first time in the Baltic country’s history, replacing the previous Cabinet that collapsed into a corruption scandal earlier this month. The party co Read More...

Center-right incumbent wins Portugal's presidential election

LISBON: Portugal’s president was returned to office for a second term with a resounding victory Sunday in an election held amid a devastating COVID-19 surge that has made the European country the worst in the world for cases and deaths. Marcelo Rebelo de Sousa, who had been widely expected to w Read More...

White House begins talks with lawmakers on COVID-19 relief

WASHINGTON: Top aides to President Joe Biden on Sunday began talks with a group of moderate Senate Republicans and Democrats on a $1.9 trillion coronavirus relief package as Biden faces increasing headwinds in his effort to win bipartisan backing for the initial legislative effort of his presidency. Read More...

Need a lift? SpaceX launches record spacecraft in cosmic rideshare program

A veteran rocket from billionaire entrepreneur Elon Musk’s SpaceX aerospace company launched 143 spacecraft into space on Sunday, a new record for the most spaceships deployed on a single mission, according to the company. The Falcon 9 rocket lifted off at 10 a.m. EST from the Space Launch Comple Read More...

Krishna Prasad Bhandari

Former presidents of NBA condemn PM’s remarks

KATHMANDU, JANUARY 24 Four former presidents of Nepal Bar Association — Harihar Dahal, Shambhu Thapa, Prem Bahadur Khadka, and Sher Bahadur KC — today issued a press release condemning Prime Minister KP Sharma Oli’s statement against nonagenarian Senior Advocate Krishna Prasad Bhandari. Read More...

Ethical question raised against Attorney General Agni Kharel

KATHMANDU, JANUARY 24 Senior Advocate Dinesh Tripathi today argued before the constitutional bench that it was unethical on the part of Attorney General Agni Prasad Kharel to defend the prime minister’s decision to dissolve the House of Representatives. He said Kharel was a member of the Con Read More...

Man United compounds Liverpool's woes with victory in FA Cup

MANCHESTER: A scream from Andy Robertson was a forlorn attempt to distract Mason Greenwood beginning Manchester United's comeback. The defender won't be the only one shrieking at Liverpool after going out of the FA Cup. Not that everything went wrong for Liverpool, with Mohamed Salah scoring twic Read More...

Central Bureau of Statistics (CBS)

CBS starts hiring enumerators, supervisors for upcoming census

KATHMANDU, JANUARY 24 The Central Bureau of Statistics has called for application from Nepali citizens for recruitment of enumerators and supervisors on contract basis for the upcoming National Population and Housing Census to be held from June 8 to 22 this year. The CBS has been conducting po Read More...