The shortage of Indian currency in one of the major trading towns in the country is so severe that the local businessmen even do not have enough money to pay transportation fare to import goods. [break]
Speaking at an interaction with business community at Birgunj, Dr Khatiwada also said the central bank would take initiative I solving the policy related problems that the industrial sector is facing at present.
Omprakash Sikariya, President of Birgunj Chamber of Commerce and Industry said they were facing problems in importing goods from India as the government is supplying the money in the form of checks and drafts.
Due to shortage of Indian currency, local people are facing difficulty in purchasing their daily necessities.
According to local traders, entrepreneurs on the other side of border charge up to Rs 162 to 165 for every IRs 100. The government has fixed exchange rate of IRs 100 at Rs 160.
Local traders also demanded Dr Khatiwada to do the needful in arranging refinancing loan for export oriented industries. They also expressed disappointment over the government negligence over the issue despite raising it time and again.
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