The Industrial Districts Management Limited has recovered over Rs 42 crore in outstanding rent from various industries within just two weeks after cutting off their power supply.
Following the direction from Minister of Industry, Commerce and Supplies Gauri Kumari Yadav, the industrial sector managed to recover Rs 42 Crore 54 Lakh 38 Thousand in rent arrears. This huge amount of money, which was not collected for many years, was collected in just two weeks.
The Strict Rent Recovery Campaign
Minister Yadav had directed Industrial Districts Management Limited to immediately collect the unpaid rent from industries and offices that were not paying for a long time. After this, the Limited started a strong collection campaign and published public notices for around 635 industries and offices. Most of these industries paid their dues after the notice.
According to General Manager of the Limited, some industries has not paid rent since B.S. 2045 and kept it as arrears.
Power Cuts on Defaulters
The Minister Yadav had ordered to cut off the electricity of those industries that did not pay their rent in time. At first, electricity lines of more than 200 industries was cut. Although many lines were joined back after they paid, the Limited said that electricity of 45 companies is still disconnected. There is a strict direction not to start the electricity until they pay their full arrears.
Among the companies that still owe money, Continental Components and Services Pvt. Ltd. has to pay around Rs 3 Crore 69 Lakh and Continental Services Pvt. Ltd. has to pay around Rs 1 Crore. The Limited has started process to cut electricity lines of these companies as well.
AI Disclaimer: This article was originally published on https://bajarkochirfar.com. It has been translated with the help of AI. For the best understanding and accurate facts, we recommend reading the original Nepali version.
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