Cash incentive eludes pashmina

Despite repeated simplification of cash incentive procedure, pashmina exporters still find it difficult to get benefit firm the government's export promotion plan. "We were confident that the facility would bring some relief to pashmina industry but with complication in the procedures,we have not yet benefited," said president of Nepal Pashmina Industries  Association Pushpa Man Shrestha . Department of  Industry however,claimed that the procedure is much simplified and easy to understand currently .Due to various complication,the department was forced to form a new standard to from a new standard and simplify the procedure further.

      The revised cash incentive  procedure may be simple for big organization but it's quite confusing for the exporters to give detailed information about all the deprecation values, and interest," Shrestha  said , adding that the revised cash incentive procedures are not as simple as the department should approves the  bills of payment and purchase,bank payment certificate and invoice to make it easier for us that will help verification of actual value addition of our products," he said, "We are also ready to provide our balanc