Nepal’s Department of Industry to simplify cash incentive process for carpet‚ Pashmina

Nepal’s Department of Industry is considering further simplification of value addition process to assist carpet and Pashmina industries qualify for cash incentives.

Carpet and Pashmina entrepreneurs have apprised the Department that additional standards need to be incorporated in the existing cash incentive policy, as the raw materials used by them are not consistent.

Carpet manufacturers said it is difficult to maintain bills of all inputs used by them as they use raw materials that differ in thickness and also by their types. They use a variety of raw materials like hemp, allo and silk. The manufactured carpets also vary from 60 knots to 100 knots.

Pashmina item manufacturers also said that they use various kinds of raw materials, which makes it difficult to verify their value-addition under the existing rules.

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