Business Daily from THE HINDU group of publications
Saturday, August 16, 2008
ePaper | Mobile/PDA Version | Audio

News
Features
Stocks
Cross Currency
Shipping
Archives
Google

Subscription

Group Sites

Update at 1300 hrs (IST)


Global News / Markets
Prachanda says closed industries in Nepal will reopen

KATHMANDU: Newly elected Prime Minister Mr Pushpa Kamal Dahal today said the industries and business enterprises in Nepal which were closed due to the Maoist threats in the past will be reopened. Maoist chief Dahal popularly known as Prachanda, who wage d a decade-long armed struggle against monarchy, was yesterday elected as Democratic Nepal's first Prime Minister in a one-sided race in the Constituent Assembly.

Mr Dahal, during a meeting today at his Baluwatar residence with a business delegation led by chairman of the Federation of Nepalese Chamber of Commerce and Industries Mr Kush Kumar Joshi, said the government will make efforts to reopen all those industr ies which were closed due to the threats issued by Maoist trade union workers or by other armed groups. The prime minister assured that he will also make efforts to reopen the highways in eastern Nepal which have remained closed for the past one week fo llowing killing of a truck driver by unidentified gunmen, said noted industrialist MrRajendra Khetan, who is also adviser of the FNCCI and a member of the Constituent Assembly.

Thousands of passengers have been stranded and supplies of essential commodities have been halted in eastern Nepal due to the indefinite transport strike. The former guerrilla leader also promised to protect market economy and promote nationalist capital ists besides allowing the foreign investment and national labour market keeping in view the national interest. He said the new government is committed to implement all past agreements reached with the business communities and will go hand in hand with t he national industrialists and entrepreneurs. - PTI

Prev: Rupee weakens by 23 paise
Next: Forex reserves decline by $5.464 bn


Business Line | NUS Index |



Related Topics
Books
Browser's Corner
Cinema
Domestic Travel
Entertainment & Leisure
Fitness First
Food & Cuisine
Gender
Health
International Travel
Lifestyle
People
Radio/TV
Showbiz
Social Welfare



The Hindu Group: Home | About Us | Copyright | Archives | Contacts | Subscription
Group Sites: The Hindu | Business Line | Sportstar | Frontline | The Hindu eBooks | The Hindu Images | Home |

Copyright © 2008, The Hindu Business Line. Republication or redissemination of the contents of this screen are expressly prohibited without the written consent of The Hindu Business Line