The Government has issued a notice to the Managements of 23 privatised industries to present to the Ministry of Trade and Industries a comprehensive plan on how they intend to develop them before May 31st, 2019, otherwise the State will reposes them.
Out of the 156 privatised industries, only 88 industries were operating, while 68 were dormant. Out of the 88 operating ones, only 42 were industries were performing well, 46 in satisfactory category and the operations of 20 others had been halted because during the privatisation process, their assets had been sold randomly.
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