Menu
Thu, March 28, 2024

BCM plan underscored for minimising impact on industry, business

A A- A+
KATHMANDU: Experts have underscored preparing the business continuity management (BCM) plans for minimising the adverse impact on industries during times of disaster. Speakers in a training programme organised by the Asian Disaster Preparedness Centre (ADPC) in Kathmandu stressed that the industries and business enterprises too should prioritise preparing the BCMs. ADPC's National Representative Man Bahadur Thapa said BCM plans will be vital for the country's economic development as Nepal is at high risk of disaster. He said such plans will be very helpful to minimise the loss and damage due to the disaster to small and medium scale enterprises, as it is usually that the small and medium scale enterprises are more at risk. He suggested that all the three tiers of government and the private sector should bring the BCM into practice. According to him, BCM should also be included in the syllabus from the school to the university level. On the occasion, Sushil Bhandari of the National Disaster Centre under the Ministry of Home Affairs spoke of the need for collaboration and synergy between the government and the private sector on disaster management. He stressed making disaster risk management policies and strengthening institutional mechanisms. It was shared in the programme that a recent global study conducted by a US-based organisation found nearly 40 per cent of industries and businesses were closed due to the disaster. As the BCM incorporated the response plan according to the type and scale of the disaster as well as the recovery plan, it is useful to the industries, their employees and also the State. So, many countries in the world have been using BCM plans. As many as 27 participants representing the Federation of Nepalese Chambers of Commerce and Industry (FNCCI), the Confederation of Nepalese Industries (CNI), various banks and financial institutions (BFIs) and the tourism industry are taking part in the two-day training. The training incorporates topics as disaster risk management policies and institutional mechanisms, importance of disaster risk management in Nepal, an overview of COVID-19 pandemic and disaster impacts on the private sector in the Asia Pacific Region and other BCM-related topics.
Source: RSS
READ ALSO: 
Published Date:
Post Comment
E-Magazine
FEBRUARY 2024

Click Here To Read Full Issue