Ministry of Industry is planning to recommend the cabinet to
declare half a dozen industries including Pokhara-based Fulbari Resort and
Chitwan-based Chitwan Wildlife Lodge as sick industries.
Based on the recommendation of a technical committee, the ministry
is planning to recommend necessary facilities to revive them.
The ministry has to however seek inputs from Ministry of Tourism
and Forest and Soil Conservation Ministry in the case of hotel Fulbari and
Chitwan Wildlife Lodge.
A high-level committee led by former National Planning Commission
(NPC) vice chair Deependra Bahadur Kshetry had suggested various facilities –
including passage to exit from the business, providing loans at low interest
rates, tax exemption and relaxation in loans provided earlier for industries
that can be operated again – based on the degree of their sickness.
The industries that are prone to turn sick, they could be provided
soft loan for a year, the committee had suggested.
The ministry had earlier proposed
the cabinet to endorse Nepal Boards Ltd in Bara, Basuling Sugar Mill in Kailali,
Birat Leather Industries and Birat Shoes Company in Hetauda as sick industries.
But the cabinet has not decided yet.
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