Private
sector has urged the government today to immediately bring Industrial
Enterprise Act through ordinance.
Calling on finance
minister Shanker Prasad Koirala, who is also industry minister, today in his
office, the private sector representatives asked him to immediately promulgate
the Act through ordinance to protect the industries that are on the verge of shut
down and manage chronic trade union problem.
The
industrialists also asked the minister to include the right to shut down an
industry – under sheer financial problem – in the Act.
Federation
of Nepalese Chambers of Commerce and Industry (FNCCI) president Suraj Vaidhya,
on the occasion, said that the industries that are in extremely bad financial health
should be allowed to shut down. "It is impossible to rescue every sinking
ship," he added.
However, president
of Confederation of Nepalese Industries (CNI) Narendra Basnet said that the Act
should include the industrialists recommendations.
Responding
the industrialists, the minister said that the Act would address the collective
voice of industrialists. "It will include the recommendations from the
private sector," he said, assuring them to bring it as soon as possible.
Recently, Ministry
of Industry had forwarded the proposed Act to the cabinet
The government is preparing to introduce the new Act as an
umbrella Act that will help implement the earlier industrial policy.
Industry secretary Krishna Gyanwali, on the occasion, urged all
the stakeholders to take the ownership of the Act since it will benefit the
whole industrial sector.
The delegation included higher
officials of FNCCI, CNI, Federation of Nepal Cottage and Small Industries
(FNCSI) and Federation of Women Entrepreneurs Association of Nepal (FWEAN).
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