Introduction

At a time when Lalbandi functioned as a Village Development Committee, the Chamber of Commerce and Industry Lalbandi was established on Poush 24, 2062 B.S. as a sub-branch of the Malangawa Chamber of Commerce and Industry. Subsequently, the organization was upgraded to a branch on Falgun 16, 2065 B.S. Thereafter, following the declaration of the then Lalbandi Village Development Committee as a municipality in 2071 B.S., the organization was duly registered on Baisakh 20, 2072 B.S. at the District Administration Office, Sarlahi, in accordance with the Associations Registration Act, 2034, along with its own Statute, 2071, and was established as an autonomous institution under the name Chamber of Commerce and Industry Lalbandi.
In the same course, the organization became affiliated with the Social Welfare Council, Kathmandu, on Baisakh 31, 2076 B.S. After fulfilling all the prescribed criteria for affiliation with the Provincial Federation and the Central Federation—such as having a secretariat building with land owned by the organization, more than 2,000 members, and an audited financial statement showing an annual income exceeding NPR 2 million—it successfully obtained affiliation with the Federation of Nepalese Chambers of Commerce and Industry (FNCCI), Madhesh Province, on Poush 1, 2078 B.S., and with the Federation of Nepalese Chambers of Commerce and Industry, Kathmandu, on Poush 14, 2078 B.S.

With the opportunity to participate in the prestigious annual general assemblies of both the Provincial Federation and the Central Federation, the organization has expanded its institutional relations and stature with district and municipal chambers of commerce and industry, as well as with the Provincial and Central Federations across the country. At present, the organization is actively carrying out its functions as an umbrella organization representing industrialists, traders, and businesspersons within the private sector.

Objectives of Udhyog Banijya Sangh Lalbandi (Chamber of Commerce and Industry Lalbandi )

The Chamber of Commerce and Industry Lalbandi was established with the primary objective of ensuring the overall development, protection, and promotion of local industries, trade, and businesses. The main objectives of the Chamber are as follows:

To play an active role in the protection, promotion, and sustainable development of local industries, trade, and businesses.
To safeguard the rights, interests, and privileges of member entrepreneurs and businesspersons, and to coordinate and collaborate with concerned authorities to address their issues.
To take necessary initiatives and collaborate with local, provincial, and federal governments, as well as other stakeholders, to create a business-friendly environment.
To conduct skill-based training, workshops, interaction programs, seminars, and awareness programs for entrepreneurship development and capacity building.
To take special initiatives for the development and promotion of agriculture, tourism, cottage, small and medium-sized industries.
To attract domestic and foreign investment and encourage the establishment of new industries and businesses.
To contribute to market management, healthy competition, price stability, and the protection of consumer rights.
To play a coordinating and mediating role in resolving business disputes and mutual disagreements.
Under corporate social responsibility, to cooperate and collaborate in the areas of education, health, environmental protection, disaster management, and social development.
To maintain mutual goodwill, unity, cooperation, and discipline among members while contributing to institutional strengthening.

Introduction

Objectives of Udhyog Banijya Sangh Lalbandi (Chamber of Commerce and Industry Lalbandi )

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