The Looms of Hetauda: Beyond the Dividend
Ms Bandana Karki Nepal should judge the revival of a dormant public industry not only by the profits it generates, but also by the jobs, skills, production capacity and entrepreneurial opportunities it can create. The looms of HetaudaKapada Udyog have begun moving again. After more than two decades of inactivity, the government has taken steps to revive the state-owned textile factory. The premises have been cleaned, machinery inspected and repaired, and trial production has begun. At the same time, a feasibility study is underway to determine what is required to make the factory productive and sustainable. The government has...
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