Four industries in Nepal produced goods worth Rs 1.2 trillion in a year – myRepublica

KATHMANDU, June 10: Four industries in Nepal produced goods and services worth 1.2 trillion rupees in one year. According to data released by the Central Bureau of Statistics (CBS), the four industries generated goods and services worth Rs. 1.2 trillion while incurring costs of Rs. 846 billion during the financial year 2018/19.

CBS, releasing the results of the 2019 National Census of Manufacturing Establishments on Friday, said the country’s four industries – manufacturing; mines and quarries; supply of electricity, gas, steam and air conditioning; water supply and sewage, and waste management – added Rs 354 billion to Nepal’s economy.

Binod Sharan Acharya, director of the Central Bureau of Statistics, said the department interviewed around 500,000 people working in the four industries for the survey. “There are 491,000 employees in industries,” he said. “The number of employees in the industries, however, is only 381,000.”

According to the survey, there are 346,000 people employed in the manufacturing sector, 17,200 in the electricity, gas, steam and air conditioning sector, 5,700 in the mining and quarrying sector and 12,500 in water supply, sanitation and waste management. sector.

According to the department, 60,185 industrial establishments were in operation in the country in the 2018/19 financial year. There were 5.6 million industrial establishments in manufacturing, 2,224 in water supply, sewerage and waste management, 994 in electricity, gas, steam and air conditioning supply, and 356 in mines and quarries.

Production at 63% of industries halted during lockdown

The survey found that 63% of industrial establishments had to shut down completely during the four-month lockdown imposed by the government in response to the fight against the spread of the COVID-19 pandemic. Similarly, 24% of industries were partially active while only 13% of industrial establishments were fully operational. The survey found that about 17% of workers had to leave their jobs permanently without receiving severance pay or other benefits. As many as 60% of workers were temporarily laid off without pay, 11% saw their wages/benefits partially reduced, while the remaining 12% received their wages/benefits later than the stipulated date.

The survey also reported that industrial establishments produced industrial goods worth Rs 861.05 billion at a cost of Rs 625.72 billion. It was also deduced that the cost of production of industrial goods had increased compared to the previous year.

The results of the National Census of Manufacturing Establishments 2011/12 revealed that the major industrial establishments in the country produced industrial goods worth Rs 322.55 billion while incurring a cost of Rs 241.77 billion. According to the department, these institutions had added Rs 80.78 billion to the country’s economy in 2012.

According to the survey, about 76% of industrial establishments were in operation for 270 days or more during the reference period. Similarly, 19% of industrial establishments operated for 180 to 269 days. Four percent of industrial establishments were in operation for only 90 to 179 days and the remaining 1% were in operation for less than 90 days.

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