Laxmi Capital News
Govt to nationalise defunct privatised industries Minister Yadav

Minister for Industry,Commerce and Supplies, Matrika Prasad Yadav has said the now defunct industriesprivatised by the erstwhile government will be nationalised. Speaking at apress meet organised by the Press Center Nepal, Chitwan, the Industry Ministeradded that the government would support and promote functioning industries.

“The government is preparingreports on privatized industries,” Minister Yadav said.

According to theminister, open market, privatisation and liberalisation are being misused forvested interests of certain people.  Stating that the government wasplanning to start new industries where general public and foreign investorswould get an opportunity for investment, he said an iron industry was on thecards.

Source : My Republica,29th April 2018

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