Nepal, like other
under-developed countries of the world, is facing many issues such as poverty,
bribery, corruption, incompetent politics, scams, non-payment of taxes and many
more. However, United Distributors Nepal Pvt. Ltd., which
is amongst the famous business groups
in the country, has made the entire country proud in several ways. It does not
really matter to them what is the economic scenario, and from where they are
operating their business from. It just showcases their efficiency in what they
do.
The overall economy of
the country appears to have got divided in two entirely different as well as
distinct layers; each of them seems to challenge each other. One part of the
economy portrays that the country is facing many issues, as mentioned earlier. A
number of industries, which are based in and operate from Nepal, apparently,
are suffering from a bunch of factors like labour unrest, shortage of
electricity & water and many more. Various banks, have been found to be witnessing
increasing NPAs with the passage of time and is resulting in many complains
being lodged by different sectors. Most of concerns are regarding the sinking
of banks under huge amount of debt, particularly, in the real estate sector. Besides
this, NEPSE (Nepal Stock Exchange’s Stock Market Index) has gone down by about 70%
since it reached the peak around 2 years ago.
Even in such a
scenario Macro Economic Indicators is believed to have improved than earlier. Balance
of payments has reached surplus of Nrs.120 billion. Apart from that, revenue
collections as well as foreign exchange reserves are, in present context, at
quite high level. In fact, this country is considered to have outshined its
glorified neighbours on a number of
Macro Economic Indicators.
Now, in case, someone
looks at these contradicting scenarios separately, he or she is bound to get confused,
on the grounds that these scenarios refer to the same country. Hence, for
understanding this, it would be better to look for sustainable value at the
most bottom level.
Nepal has been
witnessing the development of phenomenal buying power at the basic level owing
to the fact that the country has got above 3 million migrant labours working
across the globe. Its earning amounts to approximately USD 4 billion from the
foreign exchanges in the form of remittance. Now, the consumption of USD 4
billion, as a result, is creating an economic cycle, which is quite strong. Many
companies that are amongst the notable Fast Moving Consumer Goods have realised
huge volume for serving something, which is sustainable as well as profitable. UDN
(United Distributors Nepal Pvt. Ltd.) is one such company.
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