Home / Knowledge / News / 'We will not declare state of industrial crisis'– Ms Shakya, Minister
'We will not declare state of industrial crisis'– Ms Shakya, Minister
Mar '09
Ms Asta Laxmi Shakya
Ms Asta Laxmi Shakya
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.

Fibre2fashion News Desk - India

Must ReadView All

Courtesy: American Apparel

Apparel/Garments | On 25th Feb 2017

Gildan to make some American Apparel products outside US

Gildan Activewear, which recently acquired US fashion brand American...

Courtesy: Kolon Sport

Apparel/Garments | On 25th Feb 2017

Kolon Sport to set up JV with ANTA for Chinese market

Kolon Sport, an outdoor gear and clothing brand of Korea based Kolon...

Designer Karishma Jumani with Niraj Jawanjal, founder and director of IIFW. Courtesy: IIFW

Textiles | On 25th Feb 2017

IIFW to bring together premium lingerie brands

India Intimate fashion Week (IIFW), dedicated to showcasing the...

Interviews View All

Abhishek Samdaria

GST will certainly reduce a lot of paperwork in future

Sanjay Desai & Ashish Mulani
True Colors

Digital textile printing will be the technology of the future

Giovanni Pizzamiglio, Paolo Crespi & Riccardo Robustelli
Epson, For.Tex & F.lli Robustelli

‘The percentage share of printing in the global textile market is pretty...

Larry L Kinn
Suominen Corporation

Larry L Kinn, Senior Vice President - Operations Americas of Suominen...

Giorgio Mantovani
Corman S.p.A

Giorgio Mantovani, MD of Corman, with a presence in both Milano and New...

Suresh Patel
Sidwin Fabric

Sidwin Fabric is a manufacturer and exporter of polypropylene textiles and ...

Sonam & Paras Modi

Sonam and Paras Modi's Sva Couture is synonymous with head-turning...

Prathyusha Garimella
Prathyusha Garimella

Hyderabad-based designer Prathyusha Garimella is known for blending...

Pranav Mishra

Designers Pranav Mishra and Shyma Shetty’s Huemn is known for its...

Press Release

Press Release

Letter to Editor

Letter to Editor

RSS Feed

RSS Feed

Submit your press release on


Letter To Editor

(Max. 8000 char.)

Search Companies

February 2017

February 2017

Subscribe today and get the latest update on Textiles, Fashion, Apparel and so on.


Browse Our Archives


Subscribe today and get the latest News update in your mail box.
Advanced Search