KATHMANDU: Prime Minister Madhav Kumar Nepal has welcomed Indian industrialists to invest in Nepal but the Maoists have threatened them with dire consequences if they came to Nepal.

A memo submitted by Maoist workers to the government and the firms they are working with, warned against any Indian investors investing in Nepal.

“We will force the government to surrender if our demands are not met,” said Badri Bajgain, vice-chairman of All Nepal Trade Union Federation (ANTUF).

On August 7, ANTUF had handed over memorandum to the Ministry of Labour, FNCCI and other concerned organisations. The federation’s demands include 40 per cent rise in the existing salary of all the workers and cent per cent increase in dearness allowance, among others. ANTUF has already announced preliminary protest plan that will conclude on September 3.