Home / Knowledge / News / Textiles / West Bengal govt approves Rs 450mn for two sick jute mills
West Bengal govt approves Rs 450mn for two sick jute mills
10
Sep '12
The Government of West Bengal, a state in eastern India, has approved a Rs. 450 million relief package for workers of two sick mills under the National Jute Manufacturers’ Corporation (NJMC).
 
The rehabilitation package for Kennison Jute Mill and Khardah Jute Mill, both located in Hooghly district of the state, was approved at a meeting of the state Cabinet Chaired by Chief Minister Mamta Banerjee.
 
The two mills, which together employ over 5,000 workers, would be granted status of relief undertakings for six months, the Chief Minister said.
 
Panchayat Minister Subrata Mukherjee said as the two mills are located in the state, the state government felt it was its moral duty to formulate a rehabilitation package for the workers of the two sick mills.
 
Of the total sanctioned sum, Rs. 270 million would go to Khardah Jute Mill, while the Kennison Jute Mill would be given Rs. 180 million, he added.
 
The two mills were sick since 1983, and they approached the Board of Industrial and Financial Reconstruction (BIFR) in 1992.
 

Fibre2fashion News Desk - India

Must ReadView All

Textiles | On 25th Mar 2017

GST to positively impact retail value chain: CBRE

The implementation of the Goods and Services Tax (GST) bill in India...

Textiles | On 25th Mar 2017

MEGlobal to build first ever US MEG plant

Monoethylene glycol (MEG) producer MEGlobal plans to construct a new...

Courtesy: Ulster Carpet

Textiles | On 25th Mar 2017

Ulster Carpets acquires Griffith Textile Machines

Northern Ireland based manufacturer of carpets, Ulster Carpets said...

Interviews View All

Sunil Rathore
Lacoste India

‘New vendor is welcome if he offers cost, quality and timely delivery’

Abhishek Samdaria
Reflete

GST will certainly reduce a lot of paperwork in future

Nuno Venda
ROQ

‘There has been an increase in demand for water based inks, rather than...

Silke Brand-Kirsch
Schlegel und Partner

Silke Brand-Kirsch, executive partner of Schlegel und Partner, a leading...

Urs Stalder
Sanitized AG

Urs Stalder, CEO, Sanitized AG, talks about the increasing use of hygiene...

Mark Paterson
Technical Absorbents Ltd

Mark Paterson, R&D manager of Technical Absorbents Ltd talks about Super...

Karan Arora
Karan Arora

Bridal couture created with rich Indian heritage, exquisite craftsmanship...

Judy Frater
Somaiya Kala Vidya

Among the many honours showered on Frater, including Fulbright and Ford...

Wendell Rodricks
Wendell Rodricks

"We should not compare India and the West. There are things we do that...

Press Release

Press Release

Letter to Editor

Letter to Editor

RSS Feed

RSS Feed

Submit your press release on


editorial@fibre2fashion.com

Letter To Editor






(Max. 8000 char.)

Search Companies





SEARCH
March 2017

March 2017

Subscribe today and get the latest update on Textiles, Fashion, Apparel and so on.

SUBSCRIBE


Browse Our Archives

GO


eNEWS
Insights
Subscribe today and get the latest News update in your mail box.
Advanced Search