Workers all set to get revision in minimum wages
The workers in Nepal are set to get a wage revision, what with the Labour Advisory Committee supporting the agreement between industry owners and workers on the question of increasing the minimum wages. A meeting of the committee chaired by Mr Lekh Raj Bhatia, Minister for Labour and Transport endorsed the proposal.According to the agreement, the minimum monthly wages for a highly skilled worker would be Rs 4,950, for skilled Rs 4,760, semi-skilled Rs 4,650 and for unskilled Rs 4,600. It was also decided that this wage revision would not be applicable for the workers of the jute industry.A task force would be set up to give their recommendations of whether, the news standards of wages should be applicable to the jute industry, since it has to stand up to competition from the Indian jute industry, the suggestions for which would be tendered in a period of 15 days.Another committee would recommend on likely measures expected from the government to help the labour intensive carpet and garment industry as the impact would be widely felt in these industries too.
Tuesday, February 2, 2010
We will not declare state of ind
We will not declare state of ind
ustrial crisis’– Ms Shakya, Minister March 17, 2009 (Nepal)
The Minister for Industry, Ms Shakya announced that the government would not declare a state of industrial turmoil and crisis, but would implement policies and measures to solve the industrial problems faced by the business community.Ms Shakya said this while addressing a delegation of members from different trade association bodies, including Nepalese Chambers of Commerce and Industry (FNCCI), who had earlier urged the Nepalese government to declare a state of industrial crisis in the country. The members of the trade associations have put up various demands, including waiver of demand fee for electricity, a right to close units if requisite government help is not forthcoming, frame policy for ‘no work, no pay’ and declare industrial zones as no strike areas.According to Mr Joshi, President of FNCCI, if the government does not come forward to help the industry on an urgent basis, many companies would face closure in the next few weeks, leading to mass un-employment among workers.
ustrial crisis’– Ms Shakya, Minister March 17, 2009 (Nepal)
The Minister for Industry, Ms Shakya announced that the government would not declare a state of industrial turmoil and crisis, but would implement policies and measures to solve the industrial problems faced by the business community.Ms Shakya said this while addressing a delegation of members from different trade association bodies, including Nepalese Chambers of Commerce and Industry (FNCCI), who had earlier urged the Nepalese government to declare a state of industrial crisis in the country. The members of the trade associations have put up various demands, including waiver of demand fee for electricity, a right to close units if requisite government help is not forthcoming, frame policy for ‘no work, no pay’ and declare industrial zones as no strike areas.According to Mr Joshi, President of FNCCI, if the government does not come forward to help the industry on an urgent basis, many companies would face closure in the next few weeks, leading to mass un-employment among workers.
Workers all set to get revision in minimum wages
Workers all set to get revision in minimum wages
The workers in Nepal are set to get a wage revision, what with the Labour Advisory Committee supporting the agreement between industry owners and workers on the question of increasing the minimum wages. A meeting of the committee chaired by Mr Lekh Raj Bhatia, Minister for Labour and Transport endorsed the proposal.According to the agreement, the minimum monthly wages for a highly skilled worker would be Rs 4,950, for skilled Rs 4,760, semi-skilled Rs 4,650 and for unskilled Rs 4,600. It was also decided that this wage revision would not be applicable for the workers of the jute industry.A task force would be set up to give their recommendations of whether, the news standards of wages should be applicable to the jute industry, since it has to stand up to competition from the Indian jute industry, the suggestions for which would be tendered in a period of 15 days.Another committee would recommend on likely measures expected from the government to help the labour intensive carpet and garment industry as the impact would be widely felt in these industries too.
The workers in Nepal are set to get a wage revision, what with the Labour Advisory Committee supporting the agreement between industry owners and workers on the question of increasing the minimum wages. A meeting of the committee chaired by Mr Lekh Raj Bhatia, Minister for Labour and Transport endorsed the proposal.According to the agreement, the minimum monthly wages for a highly skilled worker would be Rs 4,950, for skilled Rs 4,760, semi-skilled Rs 4,650 and for unskilled Rs 4,600. It was also decided that this wage revision would not be applicable for the workers of the jute industry.A task force would be set up to give their recommendations of whether, the news standards of wages should be applicable to the jute industry, since it has to stand up to competition from the Indian jute industry, the suggestions for which would be tendered in a period of 15 days.Another committee would recommend on likely measures expected from the government to help the labour intensive carpet and garment industry as the impact would be widely felt in these industries too.
‘We will not declare state of industrial crisis’– Ms Shakya, Minister
‘We will not declare state of industrial crisis’– Ms Shakya, Minister
The Minister for Industry, Ms Shakya announced that the government would not declare a state of industrial turmoil and crisis, but would implement policies and measures to solve the industrial problems faced by the business community.Ms Shakya said this while addressing a delegation of members from different trade association bodies, including Nepalese Chambers of Commerce and Industry (FNCCI), who had earlier urged the Nepalese government to declare a state of industrial crisis in the country. The members of the trade associations have put up various demands, including waiver of demand fee for electricity, a right to close units if requisite government help is not forthcoming, frame policy for ‘no work, no pay’ and declare industrial zones as no strike areas.According to Mr Joshi, President of FNCCI, if the government does not come forward to help the industry on an urgent basis, many companies would face closure in the next few weeks, leading to mass un-employment among workers.
The Minister for Industry, Ms Shakya announced that the government would not declare a state of industrial turmoil and crisis, but would implement policies and measures to solve the industrial problems faced by the business community.Ms Shakya said this while addressing a delegation of members from different trade association bodies, including Nepalese Chambers of Commerce and Industry (FNCCI), who had earlier urged the Nepalese government to declare a state of industrial crisis in the country. The members of the trade associations have put up various demands, including waiver of demand fee for electricity, a right to close units if requisite government help is not forthcoming, frame policy for ‘no work, no pay’ and declare industrial zones as no strike areas.According to Mr Joshi, President of FNCCI, if the government does not come forward to help the industry on an urgent basis, many companies would face closure in the next few weeks, leading to mass un-employment among workers.
Excellence awards for Small Scale Industries
Excellence awards for Small Scale Industries
Much-awaited Small Entrepreneur Excellence (SEE) Awards have been instituted by SMElink Project by PlaNet Finance in association with local project partners including Federation of Women Entrepreneurs’ Association of Nepal (FWEAN) and Federation of Handicrafts Association of Nepal (FHAN).Cottage and Small Scale Industries should have easy market access at both, domestic as well as international levels, said Ms. Pramila Rijal, President of FWEAN at the award announcement program. There are nearly 5 lakh women entrepreneurs engaged in Cottage and Small Scale Industries across the country, she said.SMElink is designed in a manner to promote small scale industries at higher levels, said FHAN President, Mr. Pushkar Man Shakya while speaking in the program. There is a scope to double the export volume of Nepal, though it is satisfactory as of date. To improve this export volume country needs economic diplomacy, said Mr. Shakya.He further informed about upcoming handicrafts event, ‘The Eighth Handicraft Trade Fair and Sixth Craft Competition’, which will be organized by FHAN in co-operation with PlaNet Finance during 5th and 8th November. SMElink project, a three-project program, is funded by the European Commission in its Asia Invest budget line that started in September 2007. This project aims at developing marketability and competitiveness of Small and Medium Enterprises (SMEs) of Nepal.This is to improve the export capacity of SMEs in the European markets, initially in the sectors of Jewelry & Metal-craft, Pashmina and Tourism.
Fibre2fashion News Desk - India
Much-awaited Small Entrepreneur Excellence (SEE) Awards have been instituted by SMElink Project by PlaNet Finance in association with local project partners including Federation of Women Entrepreneurs’ Association of Nepal (FWEAN) and Federation of Handicrafts Association of Nepal (FHAN).Cottage and Small Scale Industries should have easy market access at both, domestic as well as international levels, said Ms. Pramila Rijal, President of FWEAN at the award announcement program. There are nearly 5 lakh women entrepreneurs engaged in Cottage and Small Scale Industries across the country, she said.SMElink is designed in a manner to promote small scale industries at higher levels, said FHAN President, Mr. Pushkar Man Shakya while speaking in the program. There is a scope to double the export volume of Nepal, though it is satisfactory as of date. To improve this export volume country needs economic diplomacy, said Mr. Shakya.He further informed about upcoming handicrafts event, ‘The Eighth Handicraft Trade Fair and Sixth Craft Competition’, which will be organized by FHAN in co-operation with PlaNet Finance during 5th and 8th November. SMElink project, a three-project program, is funded by the European Commission in its Asia Invest budget line that started in September 2007. This project aims at developing marketability and competitiveness of Small and Medium Enterprises (SMEs) of Nepal.This is to improve the export capacity of SMEs in the European markets, initially in the sectors of Jewelry & Metal-craft, Pashmina and Tourism.
Fibre2fashion News Desk - India
Excellence awards for Small Scale Industries
Excellence awards for Small Scale Industries
Much-awaited Small Entrepreneur Excellence (SEE) Awards have been instituted by SMElink Project by PlaNet Finance in association with local project partners including Federation of Women Entrepreneurs’ Association of Nepal (FWEAN) and Federation of Handicrafts Association of Nepal (FHAN).Cottage and Small Scale Industries should have easy market access at both, domestic as well as international levels, said Ms. Pramila Rijal, President of FWEAN at the award announcement program. There are nearly 5 lakh women entrepreneurs engaged in Cottage and Small Scale Industries across the country, she said.SMElink is designed in a manner to promote small scale industries at higher levels, said FHAN President, Mr. Pushkar Man Shakya while speaking in the program. There is a scope to double the export volume of Nepal, though it is satisfactory as of date. To improve this export volume country needs economic diplomacy, said Mr. Shakya.He further informed about upcoming handicrafts event, ‘The Eighth Handicraft Trade Fair and Sixth Craft Competition’, which will be organized by FHAN in co-operation with PlaNet Finance during 5th and 8th November. SMElink project, a three-project program, is funded by the European Commission in its Asia Invest budget line that started in September 2007. This project aims at developing marketability and competitiveness of Small and Medium Enterprises (SMEs) of Nepal.This is to improve the export capacity of SMEs in the European markets, initially in the sectors of Jewelry & Metal-craft, Pashmina and Tourism.
Much-awaited Small Entrepreneur Excellence (SEE) Awards have been instituted by SMElink Project by PlaNet Finance in association with local project partners including Federation of Women Entrepreneurs’ Association of Nepal (FWEAN) and Federation of Handicrafts Association of Nepal (FHAN).Cottage and Small Scale Industries should have easy market access at both, domestic as well as international levels, said Ms. Pramila Rijal, President of FWEAN at the award announcement program. There are nearly 5 lakh women entrepreneurs engaged in Cottage and Small Scale Industries across the country, she said.SMElink is designed in a manner to promote small scale industries at higher levels, said FHAN President, Mr. Pushkar Man Shakya while speaking in the program. There is a scope to double the export volume of Nepal, though it is satisfactory as of date. To improve this export volume country needs economic diplomacy, said Mr. Shakya.He further informed about upcoming handicrafts event, ‘The Eighth Handicraft Trade Fair and Sixth Craft Competition’, which will be organized by FHAN in co-operation with PlaNet Finance during 5th and 8th November. SMElink project, a three-project program, is funded by the European Commission in its Asia Invest budget line that started in September 2007. This project aims at developing marketability and competitiveness of Small and Medium Enterprises (SMEs) of Nepal.This is to improve the export capacity of SMEs in the European markets, initially in the sectors of Jewelry & Metal-craft, Pashmina and Tourism.
US interested in signing trade pact with Nepal
The United States is showing interest in signing a bilateral trade and investment agreement with Nepal. It had sent a draft proposal on a probable agreement to the country last month, in order to boost trade and investment between the two countries, informed Mr. Chiranjivi Nepal, Adviser to Foreign Minister Sujata Koirala.The South Asian Country is studying the draft proposal and its contents. This trade pact, if signed, would prove to be helpful to augment garment exports from the country to the US, believe officials of Nepal.Ms. Koirala had lobbied with Senators for duty-free access to Nepali readymade garments during her recent visit to US, which is a second biggest investor in Nepal after India. As per the statistics from Nepal Garments Association, over the past few years Nepali garments are witnessing a plunge of 80 percent in exports to the US. Currently, there are about 1,570 foreign investment projects operating in the country, worth around US $2.13 billion.
Political interference takes toll on state-owned industries
Political interference takes toll on state-owned industries
November 07, 2009 (Nepal)
Financial health of state-owned industries has been severely impacted by the political interference, admitted Minister for Industry Mr. Mahendra Raya Yadav. He informed that the Ministry is of the view to sell properties of the country's oldest and largest mills through a tender procedure. A special economic zone (SEZ) would be set up on land of Biratnagar Jute Mill, he added.On 3rd September the government put this mill into pay-off system; however, the mill workers have been denied their promised wages. In addition to this, various state-owned industries as well as the mills functioning in Sunsari-Morang corridor would be moved to SEZ.Sluggishness of the ministries had hampered handing over process of multi-fuel plant to the private sector, he said.
November 07, 2009 (Nepal)
Financial health of state-owned industries has been severely impacted by the political interference, admitted Minister for Industry Mr. Mahendra Raya Yadav. He informed that the Ministry is of the view to sell properties of the country's oldest and largest mills through a tender procedure. A special economic zone (SEZ) would be set up on land of Biratnagar Jute Mill, he added.On 3rd September the government put this mill into pay-off system; however, the mill workers have been denied their promised wages. In addition to this, various state-owned industries as well as the mills functioning in Sunsari-Morang corridor would be moved to SEZ.Sluggishness of the ministries had hampered handing over process of multi-fuel plant to the private sector, he said.
Nepal
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detailed country-specific facts, figures, and news on that nation's economy, population, fashion industry, geography, communication, and transportation
(Did you know that the most recent figures show that New Zealand's imports totaled $14.3 billion?)
detailed global general statistics
(In recent years, Turkey's share of global cotton consumption has been greater than that of Brazil, even though it only has approximately 1/3 of the population of Brazil.)
fashion galleries that show images of designers' clothing and fabric creations
(What colors and fabrics are "in" this year? View photos from the latest designers' shows.)
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If you're an importer, exporter, manufacturer, designer, or any other player within the global textile industry, this current, in-depth market intelligence will help you
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save time – Zero in on the people who want what you have or have what you want. Time is money. Avoid wasting energy on unlikely deals.
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