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India Will Revive National Textile Company'S Textile Factory

2008/12/20 0:00:00 69

  

India

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The company (NTC) has shut down 67 unable to survive under the 1947 labour dispute (ID) act.

Textile mill

It was approved by the industrial and financial reconstruction board (BIFR) rehabilitation plan and approved by the government.

  目前,還沒有關(guān)于以公私合營形式恢復(fù)、重開及更新上述關(guān)閉工廠的建議。原來的復(fù)興計(jì)劃在2002年4月得到工業(yè)與財(cái)政重建董事會(BIFR)下屬機(jī)構(gòu)的批準(zhǔn),隨后,關(guān)于國家紡織公司的修正計(jì)劃(MRS- 08 )在2008年9月5日得到BIFR的批準(zhǔn)。

According to MRS-08, the implementation time of the national textile company's recovery plan will be extended to March 31, 2009.

The total investment of MRS-08 is 91 billion 20 million rupees, all raised by itself.

The factory assets that have already been closed and the remaining assets of the textile mills with viable capacity can be sold.

Through MRS-08, BIFR has approved the closure of 12 factories.

MRS-08 also recommends cancellation of government loans and interest relief, with a time limit of March 31, 2007.

In addition, BIFR has approved a variety of income tax, wealth tax, capital gains tax reduction and tax.

Editor: vivi

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