Maoists strike costs Rs 150 m loss

PATHARI (Morang), April 8:

The April 7 general strike enforced by the UCPN (Maoist)-led alliance has triggered a hefty loss of Rs 150 million to the

industries along the Morang-Sunsari corridor. According to the Morang Trade Association, the most affected are the

industries manufacturing house corrugating panels, jute, noodles, plastic, biscuit, iron and wire which have around 70

per cent of market in India. It may be noted that the Morang-Sunsari corridor has more than two dozens of industries

exporting their products to India and third countries. The general strike has negatively impacted the entire economy of

the country, said senior vice-chairperson of Morang Trade Association, Rajendra Raut. The Association said that it is very

mucn unfortunate to resort to nationwide shutdown despite other alternatives to stage protest. Over 50,000 employees

are directly employed in corridor industries. More than 600 industries are in operation in the Morang-Sunsari corridor

which is also recognized as an industrial capital of the country. RSS

Source: Republica