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ECONOMY

Minister Badu instructs officials to run sick industries by preparing operational modality

KATHMANDU, April 29: Minister for Industry, Commerce and Supplies, Dilendra Prasad Badu has instructed the chiefs of...
By Republica

KATHMANDU, April 29: Minister for Industry, Commerce and Supplies, Dilendra Prasad Badu has instructed the chiefs of the line agencies to run the sick industries immediately by bringing their operational modality. 


In a meeting with the ministry’s secretary and other high-ranking officials on Thursday, Minister Badu made such an instruction as per the provision mentioned in the budget of the current fiscal year. The budget of the current fiscal year has given priority to running the sick industries closed for years by preparing their operational modalities.


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On the occasion, Minister Badu underscored the need for creating sufficient employment and increasing national production by immediately resuming those sick industries’ operation.


Minister Badu further asked the officials to make arrangements for seeking recommendations and holding discussions with all stakeholders to ensure a visible output adding that the discussions and studies conducted so far at different levels did not offer any output.


Likewise, Minister Badu asked the officials to remain vigilant toward unusual price hikes, black marketing and artificial shortage of goods and foodstuffs at a time when the state mechanism’s attention was solely focused on elections.


Badu directed the officials to establish coordination among the federal, provincial and local level governments to carry out market monitoring in an effective manner.


(RSS)

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