Govt. proposes army to be out from business; Army Welfare fund has Rs 12 billion

[npnews]

Govt. proposes army to be out from business; Army Welfare fund has Rs 12 billion

The members of the House of Representatives have reached into consensus to make changes in the proposed Nepali Army (NA) Amendment Bill 2006, prohibition the army to spend the Welfare Fund on business ventures, but agreed to let it deal in stock market with the amount.

http://www.nepalnews.com/archive/2006/sep/sep16/news04.php

[raj66]

IT IS OK FOR THE ARMY NOT TO INDULGE IN BUSINESS- BUT ARMYMEN MUST GET THE MAXIMUM RETURN FROM THEIR WELFARE FUND.THEY SHOULD BE ALLOWED TO INVEST WHERE THEY GET MAXIMUM BENIFETS TO EARN AS MUCH AS POSSIBLE FROM THE FUND SO ON RETIREMENT THE LIFE OF THE ARMY MEN WHO CONTRIBUTE A LOT FOR THE COUNTRY CAN LEAD A SECURE LIFE.