There is no hope for revival of Nagaon and Cachar paper mills and it has been announced in the Rajya Sabha by Government yesterday.
The Government made it clear that they are following the National Company Law Tribunal (NCLT) order and closing down both the mils. The information was given in a reply to a question raised by Congress MP Ripun Bora.
This announcement came only week after all nine BJP MPs and Assam Minister Piyush Hazarika meeting Union minister for state Rameswar Teli that the Central government in an attempt to revive the two paper mills.
Union Minister of State for Food Processing Rameswar Teli last week urged Heavy Industries Minister Arvind Ganpat Sawant to reopen PSU firm Hindustan Paper Corp’s two defunct mills in Assam by either PPP route or privatising them.
HPC’s Cachar unit in Panchgram stopped working from October 20, 2015, while the Nagaon mill in Jagiroad has stopped functioning on March 31, 2017.
No salary was paid to the staff of Cachar and Nagaon units since January and March of 2017 respectively.
NewsDesk Report GTM