Business hits badly as unrest continues in Nepal’s Terai region

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Nepal, Oct 29 (ANI): Markets in Birganj city of Nepal are wearing a deserted look. It’s been over two months; the ongoing unrest in the region has severely affected the trade and business. Birganj is one of the main trade routes with India and has been facing an estimated daily loss of Rs. 15 billion. Prabhu Prasad Sarahu, who owns a jewellery shop, says that he is unable to pay salary to his staff and to meet financial needs. Affected businesses include factories, bank and financial institutions and those related to imports and exports through one of the country’s busiest trade points. Losses in industrial estates alone are about Rs. 500 million to Rs. 600 million a day. Some traders in Birganj are facing tough time as trading has almost come to a halt. For over two months now, the Madhesi protesters are opposing Nepal’s new Constitution. The protesting parties have demanded, among other things, withdrawal of armed police force from Terai districts and withdrawal of cases against their leader and cadres and martyrdom status of those killed during protests.

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