Process begins to establish National Supply Company

KATHMANDU: The government has constituted a recommendation committee to proceed with the formation of the National Supply Company as announced by the government in the budget of the current fiscal year 2016/17.

The committee is headed by Ram Chandra Bhatta, Chief of Planning and Supplies Department, Timber Corporation of Nepal (TCN) Limited. Forest Minister Shankar Bhandari formed the committee through a ministerial-level meeting, according to Ministry Spokesperson Prem Narayan Kandel.

The government in the budget announced to form the National Supply Company by merging public enterprises; National Trading Limited, Nepal Food Corporation, Agriculture Input Company Ltd and TCN Limited.

Four under-secretaries from the Ministry of Forest are the members automatically appointed to the committee which is assigned to complete its task within the next three months of its constitution.