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<p>Nepali importers have been repeatedly burdened with heavy fines due to the delay in clearing the containers of imported goods.</p>
<p>Maximum of the goods imported from third world country enter Nepal through these ports. Besides the ports themselves are among the crucial sea hubs for India to get commercially connected with the world which indeed increases the pressure in the busy ports.</p>
<p>This slow service has resulted in Nepal being penalized with heavy fines due to delay in collection of the imported commodities. After analyzing these losses, the Ministry of Finance has come up with a plan to construct warehouses in the available lease lands at ports of both Kolkata and Haldiya. </p>
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<p>Shipping companies generally allocate 21 days duration to return back the container for unloading the goods but since the ports are generally packed with heavy traffic, agencies working for Nepal have been failing to meet the deadline, according to Aryal. “Therefore, we are being penalized,” stated Aryal.</p>
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<p>Ports also charge additional amount for delay. Generally, they only allocate 20 days or 10 days to return the containers. Containers transported by trains have to be back at the port within 20 days and only in 10 days if transported by the road, informed Aryal. </p>
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<p>Nepali importers have been repeatedly burdened with heavy fines due to the delay in clearing the containers of imported goods.</p>
<p>Maximum of the goods imported from third world country enter Nepal through these ports. Besides the ports themselves are among the crucial sea hubs for India to get commercially connected with the world which indeed increases the pressure in the busy ports.</p>
<p>This slow service has resulted in Nepal being penalized with heavy fines due to delay in collection of the imported commodities. After analyzing these losses, the Ministry of Finance has come up with a plan to construct warehouses in the available lease lands at ports of both Kolkata and Haldiya. </p>
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<p>"We have already been paying for the lands but have hardly utilized them. Construction of warehouse will definitely be the optimum utilization of the leased space," Aryal added.</p>
<p>Shipping companies generally allocate 21 days duration to return back the container for unloading the goods but since the ports are generally packed with heavy traffic, agencies working for Nepal have been failing to meet the deadline, according to Aryal. “Therefore, we are being penalized,” stated Aryal.</p>
<p>So, warehouses can be very crucial for unloading the goods in time, which indeed will help us to return back the container within the deadline, he added.</p>
<p>Ports also charge additional amount for delay. Generally, they only allocate 20 days or 10 days to return the containers. Containers transported by trains have to be back at the port within 20 days and only in 10 days if transported by the road, informed Aryal. </p>
<p>At present, Nepal spends more than over Rs 2 billion annually for shipping, port and transportation expenses. Construction of warehouses in this situation can somehow bring down the expenses for the country. </p>
<p>“We have been leasing altogether around 11,000 plus square meters of land at both the ports and documents for warehouse construction is awaiting approval from the Indian authorities, reported an official at the Ministry of Finance. </p>
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<p>Nepali importers have been repeatedly burdened with heavy fines due to the delay in clearing the containers of imported goods.</p>
<p>Maximum of the goods imported from third world country enter Nepal through these ports. Besides the ports themselves are among the crucial sea hubs for India to get commercially connected with the world which indeed increases the pressure in the busy ports.</p>
<p>This slow service has resulted in Nepal being penalized with heavy fines due to delay in collection of the imported commodities. After analyzing these losses, the Ministry of Finance has come up with a plan to construct warehouses in the available lease lands at ports of both Kolkata and Haldiya. </p>
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<p>"We have already been paying for the lands but have hardly utilized them. Construction of warehouse will definitely be the optimum utilization of the leased space," Aryal added.</p>
<p>Shipping companies generally allocate 21 days duration to return back the container for unloading the goods but since the ports are generally packed with heavy traffic, agencies working for Nepal have been failing to meet the deadline, according to Aryal. “Therefore, we are being penalized,” stated Aryal.</p>
<p>So, warehouses can be very crucial for unloading the goods in time, which indeed will help us to return back the container within the deadline, he added.</p>
<p>Ports also charge additional amount for delay. Generally, they only allocate 20 days or 10 days to return the containers. Containers transported by trains have to be back at the port within 20 days and only in 10 days if transported by the road, informed Aryal. </p>
<p>At present, Nepal spends more than over Rs 2 billion annually for shipping, port and transportation expenses. Construction of warehouses in this situation can somehow bring down the expenses for the country. </p>
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<p>Nepali importers have been repeatedly burdened with heavy fines due to the delay in clearing the containers of imported goods.</p>
<p>Maximum of the goods imported from third world country enter Nepal through these ports. Besides the ports themselves are among the crucial sea hubs for India to get commercially connected with the world which indeed increases the pressure in the busy ports.</p>
<p>This slow service has resulted in Nepal being penalized with heavy fines due to delay in collection of the imported commodities. After analyzing these losses, the Ministry of Finance has come up with a plan to construct warehouses in the available lease lands at ports of both Kolkata and Haldiya. </p>
<p>Narayan Aryal, consul general of Nepal, informed New Business Age that the government has decided to construct a warehouse each at Kolkata and Haldiya port sites.</p>
<p>"We have already been paying for the lands but have hardly utilized them. Construction of warehouse will definitely be the optimum utilization of the leased space," Aryal added.</p>
<p>Shipping companies generally allocate 21 days duration to return back the container for unloading the goods but since the ports are generally packed with heavy traffic, agencies working for Nepal have been failing to meet the deadline, according to Aryal. “Therefore, we are being penalized,” stated Aryal.</p>
<p>So, warehouses can be very crucial for unloading the goods in time, which indeed will help us to return back the container within the deadline, he added.</p>
<p>Ports also charge additional amount for delay. Generally, they only allocate 20 days or 10 days to return the containers. Containers transported by trains have to be back at the port within 20 days and only in 10 days if transported by the road, informed Aryal. </p>
<p>At present, Nepal spends more than over Rs 2 billion annually for shipping, port and transportation expenses. Construction of warehouses in this situation can somehow bring down the expenses for the country. </p>
<p>“We have been leasing altogether around 11,000 plus square meters of land at both the ports and documents for warehouse construction is awaiting approval from the Indian authorities, reported an official at the Ministry of Finance. </p>
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<p>Nepali importers have been repeatedly burdened with heavy fines due to the delay in clearing the containers of imported goods.</p>
<p>Maximum of the goods imported from third world country enter Nepal through these ports. Besides the ports themselves are among the crucial sea hubs for India to get commercially connected with the world which indeed increases the pressure in the busy ports.</p>
<p>This slow service has resulted in Nepal being penalized with heavy fines due to delay in collection of the imported commodities. After analyzing these losses, the Ministry of Finance has come up with a plan to construct warehouses in the available lease lands at ports of both Kolkata and Haldiya. </p>
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<p>"We have already been paying for the lands but have hardly utilized them. Construction of warehouse will definitely be the optimum utilization of the leased space," Aryal added.</p>
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<p>So, warehouses can be very crucial for unloading the goods in time, which indeed will help us to return back the container within the deadline, he added.</p>
<p>Ports also charge additional amount for delay. Generally, they only allocate 20 days or 10 days to return the containers. Containers transported by trains have to be back at the port within 20 days and only in 10 days if transported by the road, informed Aryal. </p>
<p>At present, Nepal spends more than over Rs 2 billion annually for shipping, port and transportation expenses. Construction of warehouses in this situation can somehow bring down the expenses for the country. </p>
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<p>This slow service has resulted in Nepal being penalized with heavy fines due to delay in collection of the imported commodities. After analyzing these losses, the Ministry of Finance has come up with a plan to construct warehouses in the available lease lands at ports of both Kolkata and Haldiya. </p>
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<p>So, warehouses can be very crucial for unloading the goods in time, which indeed will help us to return back the container within the deadline, he added.</p>
<p>Ports also charge additional amount for delay. Generally, they only allocate 20 days or 10 days to return the containers. Containers transported by trains have to be back at the port within 20 days and only in 10 days if transported by the road, informed Aryal. </p>
<p>At present, Nepal spends more than over Rs 2 billion annually for shipping, port and transportation expenses. Construction of warehouses in this situation can somehow bring down the expenses for the country. </p>
<p>“We have been leasing altogether around 11,000 plus square meters of land at both the ports and documents for warehouse construction is awaiting approval from the Indian authorities, reported an official at the Ministry of Finance. </p>
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Government Readies to Construct Warehouses at Kolkata and Haldiya
2 min 4 sec to read
March 15: The government has come up with a plan to utilise the available spare lands at Kolkata and Haldiya port sites by constructing warehouses.
Nepali importers have been repeatedly burdened with heavy fines due to the delay in clearing the containers of imported goods.
Maximum of the goods imported from third world country enter Nepal through these ports. Besides the ports themselves are among the crucial sea hubs for India to get commercially connected with the world which indeed increases the pressure in the busy ports.
This slow service has resulted in Nepal being penalized with heavy fines due to delay in collection of the imported commodities. After analyzing these losses, the Ministry of Finance has come up with a plan to construct warehouses in the available lease lands at ports of both Kolkata and Haldiya.
Narayan Aryal, consul general of Nepal, informed New Business Age that the government has decided to construct a warehouse each at Kolkata and Haldiya port sites.
"We have already been paying for the lands but have hardly utilized them. Construction of warehouse will definitely be the optimum utilization of the leased space," Aryal added.
Shipping companies generally allocate 21 days duration to return back the container for unloading the goods but since the ports are generally packed with heavy traffic, agencies working for Nepal have been failing to meet the deadline, according to Aryal. “Therefore, we are being penalized,” stated Aryal.
So, warehouses can be very crucial for unloading the goods in time, which indeed will help us to return back the container within the deadline, he added.
Ports also charge additional amount for delay. Generally, they only allocate 20 days or 10 days to return the containers. Containers transported by trains have to be back at the port within 20 days and only in 10 days if transported by the road, informed Aryal.
At present, Nepal spends more than over Rs 2 billion annually for shipping, port and transportation expenses. Construction of warehouses in this situation can somehow bring down the expenses for the country.
“We have been leasing altogether around 11,000 plus square meters of land at both the ports and documents for warehouse construction is awaiting approval from the Indian authorities, reported an official at the Ministry of Finance.
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<p>Nepali importers have been repeatedly burdened with heavy fines due to the delay in clearing the containers of imported goods.</p>
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<p>This slow service has resulted in Nepal being penalized with heavy fines due to delay in collection of the imported commodities. After analyzing these losses, the Ministry of Finance has come up with a plan to construct warehouses in the available lease lands at ports of both Kolkata and Haldiya. </p>
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<p>Shipping companies generally allocate 21 days duration to return back the container for unloading the goods but since the ports are generally packed with heavy traffic, agencies working for Nepal have been failing to meet the deadline, according to Aryal. “Therefore, we are being penalized,” stated Aryal.</p>
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<p>Nepali importers have been repeatedly burdened with heavy fines due to the delay in clearing the containers of imported goods.</p>
<p>Maximum of the goods imported from third world country enter Nepal through these ports. Besides the ports themselves are among the crucial sea hubs for India to get commercially connected with the world which indeed increases the pressure in the busy ports.</p>
<p>This slow service has resulted in Nepal being penalized with heavy fines due to delay in collection of the imported commodities. After analyzing these losses, the Ministry of Finance has come up with a plan to construct warehouses in the available lease lands at ports of both Kolkata and Haldiya. </p>
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<p>"We have already been paying for the lands but have hardly utilized them. Construction of warehouse will definitely be the optimum utilization of the leased space," Aryal added.</p>
<p>Shipping companies generally allocate 21 days duration to return back the container for unloading the goods but since the ports are generally packed with heavy traffic, agencies working for Nepal have been failing to meet the deadline, according to Aryal. “Therefore, we are being penalized,” stated Aryal.</p>
<p>So, warehouses can be very crucial for unloading the goods in time, which indeed will help us to return back the container within the deadline, he added.</p>
<p>Ports also charge additional amount for delay. Generally, they only allocate 20 days or 10 days to return the containers. Containers transported by trains have to be back at the port within 20 days and only in 10 days if transported by the road, informed Aryal. </p>
<p>At present, Nepal spends more than over Rs 2 billion annually for shipping, port and transportation expenses. Construction of warehouses in this situation can somehow bring down the expenses for the country. </p>
<p>“We have been leasing altogether around 11,000 plus square meters of land at both the ports and documents for warehouse construction is awaiting approval from the Indian authorities, reported an official at the Ministry of Finance. </p>
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<p>Maximum of the goods imported from third world country enter Nepal through these ports. Besides the ports themselves are among the crucial sea hubs for India to get commercially connected with the world which indeed increases the pressure in the busy ports.</p>
<p>This slow service has resulted in Nepal being penalized with heavy fines due to delay in collection of the imported commodities. After analyzing these losses, the Ministry of Finance has come up with a plan to construct warehouses in the available lease lands at ports of both Kolkata and Haldiya. </p>
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<p>Shipping companies generally allocate 21 days duration to return back the container for unloading the goods but since the ports are generally packed with heavy traffic, agencies working for Nepal have been failing to meet the deadline, according to Aryal. “Therefore, we are being penalized,” stated Aryal.</p>
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<p>Ports also charge additional amount for delay. Generally, they only allocate 20 days or 10 days to return the containers. Containers transported by trains have to be back at the port within 20 days and only in 10 days if transported by the road, informed Aryal. </p>
<p>At present, Nepal spends more than over Rs 2 billion annually for shipping, port and transportation expenses. Construction of warehouses in this situation can somehow bring down the expenses for the country. </p>
<p>“We have been leasing altogether around 11,000 plus square meters of land at both the ports and documents for warehouse construction is awaiting approval from the Indian authorities, reported an official at the Ministry of Finance. </p>
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<p>Maximum of the goods imported from third world country enter Nepal through these ports. Besides the ports themselves are among the crucial sea hubs for India to get commercially connected with the world which indeed increases the pressure in the busy ports.</p>
<p>This slow service has resulted in Nepal being penalized with heavy fines due to delay in collection of the imported commodities. After analyzing these losses, the Ministry of Finance has come up with a plan to construct warehouses in the available lease lands at ports of both Kolkata and Haldiya. </p>
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<p>"We have already been paying for the lands but have hardly utilized them. Construction of warehouse will definitely be the optimum utilization of the leased space," Aryal added.</p>
<p>Shipping companies generally allocate 21 days duration to return back the container for unloading the goods but since the ports are generally packed with heavy traffic, agencies working for Nepal have been failing to meet the deadline, according to Aryal. “Therefore, we are being penalized,” stated Aryal.</p>
<p>So, warehouses can be very crucial for unloading the goods in time, which indeed will help us to return back the container within the deadline, he added.</p>
<p>Ports also charge additional amount for delay. Generally, they only allocate 20 days or 10 days to return the containers. Containers transported by trains have to be back at the port within 20 days and only in 10 days if transported by the road, informed Aryal. </p>
<p>At present, Nepal spends more than over Rs 2 billion annually for shipping, port and transportation expenses. Construction of warehouses in this situation can somehow bring down the expenses for the country. </p>
<p>“We have been leasing altogether around 11,000 plus square meters of land at both the ports and documents for warehouse construction is awaiting approval from the Indian authorities, reported an official at the Ministry of Finance. </p>
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<p>Nepali importers have been repeatedly burdened with heavy fines due to the delay in clearing the containers of imported goods.</p>
<p>Maximum of the goods imported from third world country enter Nepal through these ports. Besides the ports themselves are among the crucial sea hubs for India to get commercially connected with the world which indeed increases the pressure in the busy ports.</p>
<p>This slow service has resulted in Nepal being penalized with heavy fines due to delay in collection of the imported commodities. After analyzing these losses, the Ministry of Finance has come up with a plan to construct warehouses in the available lease lands at ports of both Kolkata and Haldiya. </p>
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<p>"We have already been paying for the lands but have hardly utilized them. Construction of warehouse will definitely be the optimum utilization of the leased space," Aryal added.</p>
<p>Shipping companies generally allocate 21 days duration to return back the container for unloading the goods but since the ports are generally packed with heavy traffic, agencies working for Nepal have been failing to meet the deadline, according to Aryal. “Therefore, we are being penalized,” stated Aryal.</p>
<p>So, warehouses can be very crucial for unloading the goods in time, which indeed will help us to return back the container within the deadline, he added.</p>
<p>Ports also charge additional amount for delay. Generally, they only allocate 20 days or 10 days to return the containers. Containers transported by trains have to be back at the port within 20 days and only in 10 days if transported by the road, informed Aryal. </p>
<p>At present, Nepal spends more than over Rs 2 billion annually for shipping, port and transportation expenses. Construction of warehouses in this situation can somehow bring down the expenses for the country. </p>
<p>“We have been leasing altogether around 11,000 plus square meters of land at both the ports and documents for warehouse construction is awaiting approval from the Indian authorities, reported an official at the Ministry of Finance. </p>
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<p>Nepali importers have been repeatedly burdened with heavy fines due to the delay in clearing the containers of imported goods.</p>
<p>Maximum of the goods imported from third world country enter Nepal through these ports. Besides the ports themselves are among the crucial sea hubs for India to get commercially connected with the world which indeed increases the pressure in the busy ports.</p>
<p>This slow service has resulted in Nepal being penalized with heavy fines due to delay in collection of the imported commodities. After analyzing these losses, the Ministry of Finance has come up with a plan to construct warehouses in the available lease lands at ports of both Kolkata and Haldiya. </p>
<p>Narayan Aryal, consul general of Nepal, informed New Business Age that the government has decided to construct a warehouse each at Kolkata and Haldiya port sites.</p>
<p>"We have already been paying for the lands but have hardly utilized them. Construction of warehouse will definitely be the optimum utilization of the leased space," Aryal added.</p>
<p>Shipping companies generally allocate 21 days duration to return back the container for unloading the goods but since the ports are generally packed with heavy traffic, agencies working for Nepal have been failing to meet the deadline, according to Aryal. “Therefore, we are being penalized,” stated Aryal.</p>
<p>So, warehouses can be very crucial for unloading the goods in time, which indeed will help us to return back the container within the deadline, he added.</p>
<p>Ports also charge additional amount for delay. Generally, they only allocate 20 days or 10 days to return the containers. Containers transported by trains have to be back at the port within 20 days and only in 10 days if transported by the road, informed Aryal. </p>
<p>At present, Nepal spends more than over Rs 2 billion annually for shipping, port and transportation expenses. Construction of warehouses in this situation can somehow bring down the expenses for the country. </p>
<p>“We have been leasing altogether around 11,000 plus square meters of land at both the ports and documents for warehouse construction is awaiting approval from the Indian authorities, reported an official at the Ministry of Finance. </p>
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<p>Nepali importers have been repeatedly burdened with heavy fines due to the delay in clearing the containers of imported goods.</p>
<p>Maximum of the goods imported from third world country enter Nepal through these ports. Besides the ports themselves are among the crucial sea hubs for India to get commercially connected with the world which indeed increases the pressure in the busy ports.</p>
<p>This slow service has resulted in Nepal being penalized with heavy fines due to delay in collection of the imported commodities. After analyzing these losses, the Ministry of Finance has come up with a plan to construct warehouses in the available lease lands at ports of both Kolkata and Haldiya. </p>
<p>Narayan Aryal, consul general of Nepal, informed New Business Age that the government has decided to construct a warehouse each at Kolkata and Haldiya port sites.</p>
<p>"We have already been paying for the lands but have hardly utilized them. Construction of warehouse will definitely be the optimum utilization of the leased space," Aryal added.</p>
<p>Shipping companies generally allocate 21 days duration to return back the container for unloading the goods but since the ports are generally packed with heavy traffic, agencies working for Nepal have been failing to meet the deadline, according to Aryal. “Therefore, we are being penalized,” stated Aryal.</p>
<p>So, warehouses can be very crucial for unloading the goods in time, which indeed will help us to return back the container within the deadline, he added.</p>
<p>Ports also charge additional amount for delay. Generally, they only allocate 20 days or 10 days to return the containers. Containers transported by trains have to be back at the port within 20 days and only in 10 days if transported by the road, informed Aryal. </p>
<p>At present, Nepal spends more than over Rs 2 billion annually for shipping, port and transportation expenses. Construction of warehouses in this situation can somehow bring down the expenses for the country. </p>
<p>“We have been leasing altogether around 11,000 plus square meters of land at both the ports and documents for warehouse construction is awaiting approval from the Indian authorities, reported an official at the Ministry of Finance. </p>
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