Nepal | August 15, 2020

Independence Day 2020

‘Halt issuing licence to networking businesses’

HIMALAYAN NEWS SERVICE
Share Now:

KATHMANDU, JULY 31

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:

Near-shortage of beds in hospitals designated for coronavirus treatment

KATHMANDU: Health Emergency Operation Center(HEOC) of the Ministry of Health and Population, today appealed private hospitals to allot 20pc of their beds for admission of coronavirus infected patients. The Health Ministry issued the notice stating that management of beds in hospitals of densely p Read More...

Lee Min-ho's legal rep to take action against those who've made malicious comments against S Korean actor

KATHMANDU: South Korean superstar Lee Min-ho is set to take action against those that have made malicious comments against the actor. According to Soompi, Lee's legal representative is taking action against all malicious comments about the actor. The portal says that on August 12, the law firm Read More...

Himalaya Airlines unveils fifth-phase repatriation flights details

KATHMANDU: The Himalaya Airlines, an aviation company authorised by the Government of Nepal to bring back home Nepalis stranded in different countries due to Covid-19 pandemic, has shared the details of the flights it has planned to operate from August 16 to 30 in the fifth phase of repatriation. Read More...

Ruling NCP forms six-member task force under General Secretary Bishnu Paudel

KATHMANDU: Ruling Nepal Communist Party (NCP) today formed a six-member task force under General Secretary Bishnu Paudel to resolve the intra-party dispute. NCP co-chairs, PM KP Sharma Oli and Pushpa Kamal Dahal, who had not spoken with each other for more than a week, decided to form the six-mem Read More...

In Pictures: The monsoon woes

KATHMANDU: Due to poor drainage system along the roads in Kathmandu valley, motorists and pedestrians face difficulties to commute, during the monsoon season. Read More...

Bollywood stars join social media campaign demanding CBI probe into Sushant's case

KATHMANDU: Bollywood stars Varun Dhawan and Parineeti Chopra among others have joined the social media campaign that has been demanding a CBI probe into the death case of actor Sushant Singh Rajput. Dhawan took to his Instagram Stories and wrote: "#CBIforSSR", with a folded hands emoji. Chopra Read More...

Clash between Diljit Dosanjh and Alexa goes viral

KATHMANDU: A hilarious new video capturing the struggles of Punjabi singer-actor Diljit Dosanjh with the virtual assistant Alexa has gone viral. In an Instagram video titled 'Clash Between Me & Alexa' the artiste is seen requesting the virtual assistant to play one of his songs, Clash, but s Read More...

K-pop's BTS to hold online/offline concerts on October 10-11

KATHMANDU: K-pop global sensation BTS are to hold both online/offline concerts in October, and release a new album in the fourth quarter of the year. This was announced during a corporate briefing on YouTube on August 13 by the band's label Big Hit Entertainment, according to The Korea Times. Read More...