MRC Says Bill to Support Manufactures Is Flawed

The Majlis Research Center has rejected provisions of a parliament-initiated bill that calls for all-embracing support for the manufacturing sector. 
As per stipulations of the bill, confiscating machinery and equipment, raw material or goods made by production companies unable to repay loans will be prohibited. 
Plants and factories unable to meet their financial commitments to banks cannot be deprived of banking services, such opening accounts, receiving checkbooks and commercial cards, the proposal says.