Kathmandu. CpN (Maoist Centre) and Rastriya Swatantra Party (RSSP) are in the opposition on the issue of licensing the new stock. In a meeting of the Finance Committee held today, lawmakers of the two parties opposed the new stock and demanded restructuring of the existing Nepal Stock Exchange.
Similarly, Committee President Santosh Chalise has demanded the Finance Ministry to submit a report on the restructuring of NEPSE. Nepse has repeatedly studied the restructuring of NEPSE and demanded the report submitted to the Ministry.
Former Finance Minister Barshaman Pun said that 51 percent of nepse should be given to the private sector while restructuring. He argued that a new company should not be brought.
In the meeting, Rastriya Swatantra Party lawmaker Swarnim Wagle demanded that Wagle should be given two years time to restructure nepse. In the meeting of the Finance Committee, lawmaker Dr Wagle suggested that NEPSE should be given a chance to improve by giving two years time now.
He said that no one paid attention to increase the capital of NEPSE and the participation of the private sector. He claimed it was a prepaid corruption.
“A game is being played to make NEPSE go after corrupt leaders by killing the cow that gave milk,” he said, adding, “If we become decisive in 2084, we will dismiss all this.” It’s clear about that. ’
Former Finance Minister Dr Prakash Sharan Mahat said that new companies should not be brought on the basis of haste. “The government should not run NEPSE. That’s not right. It is also wrong for a broker to run. The proposal for restructuring was sent to the Ministry of Finance and it was not widely owned,” he said. It is only after serious discussion on how to go to decide whether to give a new one or not. ’
Rastriya Prajatantra Party lawmaker Gyan Bahadur Shahi accused the government of trying to bring a new company to the market under pressure from vested interest groups. He said that if the stake exchange is brought under someone’s pressure, there will be a risk of further sinking the public’s investment.
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