Meghraj Basnet, Chief Industry Officer at the Home Office, Dhankuta, claims that after the local and provincial structures came into operation, the trend of opening industries for grants has increased and is now starting to close.
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The rate of closure and liquidation of micro, cottage and small industries and commercial firms in Dhankuta has been continuously increasing in recent times.
The situation of establishment and operation of new industries in Dhankuta has been disappointing in the last three fiscal years. In the fiscal year 2080/81, 122 new industries were registered in Dhankuta, of which 84 were liquidated. In the commercial sector, 39 new firms were registered, of which 28 were liquidated. In the commercial sector, 99 new industries were registered, of which 141 were liquidated. According to the statistics of the domestic office, 95 firms were liquidated while 35 were registered.
Meghraj Basnet, Chief Industry Officer of the Domestic Office, Dhankuta, informed that 62 firms had been liquidated while 77 new industries were registered till the end of Falgun in the current fiscal year 2082/83. Similarly, he said that 12 firms were liquidated while 27 new firms were registered in the commercial sector.
'After the local and provincial structures came into operation, the trend of opening industries for grants has increased and now they have started closing,' said Chief Industry Officer Basnet. 'Since the local level came into operation, the number of people registering industries may have increased at that time as firms and industries were made mandatory for any grant.'
He says that the decreasing number of small, cottage and small industries, their closure and liquidation is not good for the local economy. Basnet says, 'Some industries are not even able to renew their annual renewal. Such operators may have thought it better to close them than to keep the industry.'
The reason for the rapid closure of small, cottage and small industries opened at the local level is considered to be the lack of market for products, investment capacity, supply of raw materials, lack of necessary technology and lack of skilled manpower. Bishnumaya Kandangwa, who has been operating the Kavita Fruit Processing Industry in Dhankuta for the past 25 years, says that the cottage industry has been further in crisis after the COVID-19 pandemic. She said that the small-investment domestic, micro and small industries that were in crisis during the Corona period have been unable to recover.
She said that the Corona pandemic, political instability and the global economic slowdown have negatively affected the operation of small-investment domestic industries. She said that industrialists who have not been able to engage in commercial production are choosing the path of cancellation rather than registration and renewal.
Officials of the Federation of Domestic and Small Industries say that the closure of micro, domestic and small industries has increased due to the lack of concessional loans, regular raw material supply, and market access.
Ambika Dhamala, General Secretary of the Federation of Domestic and Small Industries, Dhankuta, says that the local, state and federal governments are not interested in supporting the industries that are in crisis. She says, 'No specific policies and programs have been introduced to promote small industries that help make the local economy dynamic.
Dhamala says that the government should monitor micro, domestic and small industries with potential and provide support in capital growth technology and human resource management. In addition, she said that the environment for raw material import and export should be made easy.
There are currently 5,977 firms operating in Dhankuta, including 4,259 in the industrial sector and 1,718 in the commercial sector. Small entrepreneurs are demanding concessional loans, skill development, technology and market assurance for the operation and long-term stability of micro, cottage and small industries.
