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Ongoing political unrest in Nepal's Bara-Parsa industrial corridor has prompted about 2,000 factories in the region to shut down, reported The Kathmandu Post.
The unrest has cut off shipments of raw materials to the factories. An official at Nepal's Birgunj Chamber of Commerce and Industry has said the unrest has affected about 50,000 workers. The factories are incurring losses of 500 million Nepalese rupees to NPR 600 million ($4.7 million to $5.6 million) daily. "We have already sustained losses totaling NPR 23 billion ($218 million)," added the official.