PM assures, syndicate system will be scrapped

KATHMANDU, Aug 11 - Prime Minister Girija Prasad Koirala Monday said necessary steps will be carried out to abolish the prevailing syndicate system.The Prime Minster said so assuring entrepreneurs who had reached Baluwatar to press for implementation of the Home Ministry's decisions.On Sunday, the Home Ministry had directed the local ... ...to scrap syndicate system.According to Federation of Nepalese Chambers of Commerce and Industries (FNCCI) chairman Kush Kumar Joshi, Prime Minister Koirala confirmed that he will summon the concerned bodies on Tuesday to direct them to scrap all types of syndicate system.He said that strict action will be taken against those who defy the order.Stating he is serious over making business independent, the Prime Minister added that the government is always ready to provide full security in the business sector.

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