Swarna Maharjan | 17318

• Since 2009 AD
• export in the America, Canada, Australia, Europe and many more countries
• Bag, Clothing, Laptop Bags, Hats, Twine, Belts, Jewellery, Slippers and
Accessories.

"Our mission is to develop a Hemp Industry in all over the Nepal that will provide farmers
and industries and avenue to buy and sell domestically grown Hemp"
ACTS
• Companies (First Amendment) Act, 2017
(2074 B.S.)
• Industrial Enterprise Act, 2016
• Private Firm Registration Act, 2014 (1958)
• Trade Policy, 2015
• Customs Regulation, 2064 (2007)
• Labor Act, 2017
• Import and Export (Control) Act, 1957
• Patent, Design and Trade Mark Act, 2022
• Nepal Standards (Certification Mark) Act
• Value added tax act 2052
• Income tax act 2058

REGULATORS
• Policy Level : Ministry of Industry, Commerce & Supplies
• Department of Small and Cottage Industries
• Trade and Export Promotion Centre
• Handicraft Association of Nepal (HAN) 
PRODUCT ECONOMY
• GDP contribution of Industry : 13.48% (2017|Statista)
• NRs. 27 million worth of hemp goods export (2001/2002) (The other side of
Hemp |ECSNEPAL)
• Business is worth up to Rs 800-900 million a year

WHY CHOOSE?
• New Wave • Sustainability
• Miracle Plant
• Not cultivation require
• Good basic skills
• Cash and Industrial Crop
PESTEL
POLITICAL
• Corruption Perception Index
2016 – 131st out of 176 countries (29)
2017 – 122nd out of 180 countries (31)
• Third most corrupt country in South Asia
ECONOMIC
• NRs. 27 million worth of hemp goods(2001/2002)
• Contribution of manufacturing to GDP
7.34% in FY 2007/08
5.67% in FY 2016/17(MoF 2016/17)
PESTEL
ECONOMIC
• Monetary Policy (FY 2017/18)
- small and cottage industries identified as priority sector
- mandatory for commercial banks, development banks and
finance companies to allocate minimum 25%,15% and
10% of total credit to priority sector 
• Budget Speech (2017/18)
- grants to priority sector industries promoted by young
entrepreneurs for necessary technological and market promotion.
- easy access to loan with subsidized interest rate
- production and promotion of prioritized goods identified in NTIS
PESTEL
SOCIAL
• Negative perception towards hemp
• No clear knowledge to differentiate Hemp & Marijuana
• Well acquaintance with the plant and its uses
• More aware about environmental friendly products

TECHNOLOGY
• Lack of technology to produce fine hemp fibers
• Online platform to sell world wide
• Labor Intensive and traditional methodology
• Technical supports are provided to the districts that are producing good of
PESTEL
ENVIRONMENTAL
• Highly eco friendly n can grow anywhere
• Abundant in Nature, no need for care & fertilizer
• Majority at 1500-3500m altitude
• Section 6 of Industrial Act 2073: Activities adverse to
environment needs to be decreased
• Sustainability in the curriculum
• Responsibility towards environment
PESTEL
LEGAL
• Need to be registered under Private Firm Registration Act
• 35% exemption in existing Industry Registration Fees – Women
For labors:
• Probation period – 6 months
• Working hours – 8 hours per day or 48 hours per week
• Engagement time period – 6 a.m. to 6 p.m. (for females) and transportation
arrangement
• No person shall Cultivate, produce, prepare, purchase, sell, distribute,
export or import, conduct any trafficking, store, or consume
cannabis/marijuana (Narcotic Drugs (Control) Act, 2033 (1976)|Chapter 2|Prohibition
Acts 4)
GLOBALIZATION
• Asian Hemp Summit happening in Kathmandu 2019
• New untapped market for finished goods
• Access to new technology for fine hemp fabrics
• Provision to import hemp with no THC
• WTO | URUGUAY ROUND AGREEMENT: Agreement on Agriculture| Raw Hemp as an
integral part

• Worlds largest exports CHINA 1st(44,000 metric tons) & FRANCE 2nd
• Acculturation and Homogenization
GLOBALIZATION
Chapter 53 : Other Vegetable Textile
Sub Chapter : 5302 True hemp (Cannabis sativa L.), raw or processed but not spun; tow and
waste of true hemp (including yarn waste and garnetted stock)
Sub Heading : 530210 Hemp, true, raw or retted, not spun
Code : 53021000 Hemp, true, raw or retted, not spun
BUSINESS PROSPECT
• Business is worth up to Rs 800-900 million a year. (NepaliTimes | 2005)
• Job and Labor opportunity at lowest of level
• Around 80% added profit from manufacturing to retailing. (light supply chain)
• 50,000 uses and counting (information distillery)
• Sustainability
Sources
• http://www.informationdistillery.com/hemp.htm
• https://hemptoday.net/hemp-entrepreneur-rebuild-nepal/
• http://archive.nepalitimes.com/news.php?id=879#.W3zTss4zbIW
• http://
kathmandupost.ekantipur.com/news/2016-01-30/in-defence-of-nepals-miracle-plant.html
• http://saknepal.org/wp-content/uploads/2015/06/Desormeaux-Kayla-1.pdf
• Economic Survey, Ministry of Finance, 2016/17
• Industrial Enterprise Act, 2016
• Budget Speech, Ministry of Finance, 2017/18
• Monetary Policy, Nepal Rastra Bank, 2017/18
• Trade Policy, 2015