Non-profitable mills to be privatised

The industries minister, Dilip Barua, on Sunday told the Jatiya Sangsad that the non-profitable state-owned mills and factories having no commercial viability would be handed over to the private sector.

'The mills and factories which became losing organisations will be handed over to the private sector after a scrutiny by the Privatisation Commission,' said the minister in reply to a question.

Replying to another question, the minister said that no mills or factories had been shut down so far since the Awami League-led alliance government assumed office.

The government had taken moves to resume operation of three factories that had been closed down by the last Bangladesh Nationalist Party-led alliance government, he said.

Source : New Age

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