Over 200 industries shut down in Rupandehi during FY 2079/80

BUTWAL: More than 200 industries were closed in Rupandehi in the fiscal year, 2079/80 BS. According to the Office of Cottage and Small Industries, Bhairahawa, as many as 217 industries—84 production-oriented, 19 related to agriculture and forest, 63 related to service-oriented, and 51 related to tourism- were closed in the district. Industrialists said the industries […]

सम्बन्धित सामग्री

207 small-scale industries closed in Rupandehi

BHAIRAHAWA (RUPANDEHI), May 27: A total of 207 small-scale industries have been closed in 10 months of the current fiscal year 2023-24 in Rupandehi district due to the ongoing economic slowdown.

207 small-scale industries closed in Rupandehi

BHAIRAHAWA (RUPANDEHI), May 27: A total of 207 small-scale industries have been closed in 10 months of the current fiscal year 2023-24 in Rupandehi district due to the ongoing economic slowdown.

207 small-scale industries closed in Rupandehi

According to Netra Prasad Bhusal, chief of Cottage and Small Industries Office, Rupandehi, two hundred and seven industries are closed till April this year. Similarly, 217 industries were closed in last fiscal year in the district.

Cement industries in Rupandehi increase export

The cement industries operating in Rupandehi have, of late, started exporting cement to India. The cement industries here have been exporting cement by receiving the Bureau of Indian Standards (BIS) from the Quality Department of the Government of India. The cement industries including Arghakhanchi, Shubhashree, Jagdamba, Palpa and Sarbottam have been e

217 industries closed in Rupandehi

More than 200 industries were closed in Rupandehi in the fiscal year, 2079/80 BS.

217 industries closed in Rupandehi

More than 200 industries were closed in Rupandehi in the fiscal year, 2079/80 BS.

217 industries closed in Rupandehi

More than 200 industries were closed in Rupandehi in the fiscal year, 2079/80 BS.

Small industries increase in Rupandehi

As the opening of industries in Rupandehi increased, closure of old industries increased too. The cottage and small industries can be operated with little investment and as energy consumption and workers are easily available, investment is increasing in these industries. However, due to lack of return in proportion to investment, government hassles, strictness of banks and financial institutions in credit flows, the number of entrepreneurs closing their industries has also increased lately.

Five steel industries in Rupandehi closed

Five large steel industries operating in Rupandehi have been closed indefinitely. According to the industrialists, the industry had to be shut down due to the discriminatory policy introduced by the government in the import of raw materials required for steel industries, MS blade and sponge iron through customs and excise duties.