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Although the history of direct selling or network marketing system in Nepal is very old, it has been developing in an unstable manner amid the bitter reality of consumers being killed under various pretexts, going through various ups and downs systematically and unorganized for two decades. Sometimes because of the directors, sometimes because of the distributors, sometimes because of the government, ordinary consumers were killed, and billions of rupees of the people were lost in the name of networking.
In this context, after the directive order dated 15th Chaitra is believed that under this Act, the provision of at least 50 percent of domestic goods should be sold or distributed by the licensee who conducts business with a license while directly selling or distributing the goods will contribute very significantly to the growth, promotion and development of the indigenous industry. It is certain that it can play a special role in reducing the dire situation in which more than three and a half lakh Nepali youths are migrating abroad in search of employment. The paid-up capital, bond, monitoring, action, profit distribution, distribution and the rights of consumers and distributors of the company that wants to obtain a license for direct sale and distribution of goods have been clearly arranged in the Act.
From a legal point of view, even though this Act was approved, due to delay, it entered the process of implementation without becoming a regulation. But the common consumers were getting confused that the Act had already been implemented. Now many domestic and foreign companies are used to convey their plans to customers or consumers. Due to the delay in the implementation of the Act, companies with wrong intentions were increasing the trend of cheating thousands of consumers. In view of the same situation, Gokul Baskota, the spokesperson of the Government of Nepal and the Minister of Information and Communication, informed through a press conference that the regulations have been passed. After completing all the legal and implementation processes, many local and foreign companies have already prepared for direct sales permission.itf the Honorable Supreme Court, no objection letter of the Department of Commerce dated 27.07.2070, the working group was formed on 20th August 2070. Long studies, debates and discussions took place, going through various ups and downs, and finally, the then Minister of Commerce submitted the Bill 2074 for direct sale of goods (management and regulation) in the Legislature-Parliament meeting on 24.6.2074 and passed it by the majority of the Parliament meeting. The bill was passed and certified by the Honorable President on 7/1/2074. Volume (67) of the Nepal Gazette published by the Government of Nepal was published in Kathmandu on October 1, 2074 as Additional No. 23 (a) for public information.
Direct sale of goods (managing and regulating) regulations first amendment 2076 was passed by the Council of Ministers, it is being analyzed that businessmen and millions of consumers associated with it will have unlimited income and employment with their professional guarantees and the historical success of making business and consumer friendly regulations is being analyzed. After the implementation of this regulation, there is widespread interest and debate in the Nepali market and many companies are preparing for approval, while foreign companies are also preparing to enter Nepal.
It is also being debated that direct sale of goods (management and regulation) bill is very strict and transparent in Asia. Because in Section 50 of the Act, it is clearly mentioned that regardless of what is written elsewhere in this Act, if the license of a license holder is revoked, the license will not be re-issued in the name of the same company or the same owner. This has discouraged the licensee from doing business with wrong intentions and plans.
It is believed that under this Act, the provision of at least 50 percent of domestic goods should be sold or distributed by the licensee who conducts business with a license while directly selling or distributing the goods will contribute very significantly to the growth, promotion and development of the indigenous industry. It is certain that it can play a special role in reducing the dire situation in which more than three and a half lakh Nepali youths are migrating abroad in search of employment. The paid-up capital, bond, monitoring, action, profit distribution, distribution and the rights of consumers and distributors of the company that wants to obtain a license for direct sale and distribution of goods have been clearly arranged in the Act.
From a legal point of view, even though this Act was approved, due to delay, it entered the process of implementation without becoming a regulation. But the common consumers were getting confused that the Act had already been implemented. Now many domestic and foreign companies are used to convey their plans to customers or consumers. Due to the delay in the implementation of the Act, companies with wrong intentions were increasing the trend of cheating thousands of consumers. In view of the same situation, Gokul Baskota, the spokesperson of the Government of Nepal and the Minister of Information and Communication, informed through a press conference that the regulations have been passed. After completing all the legal and implementation processes, many local and foreign companies have already prepared for direct sales permission.
