Question : REVIVAL OF CYCLE CORPORATION OF INDIA



(a) whether the revival package of Cycle Corporation of India has been finalised;

(b) if so, the details thereof; and

(c) if not, the reasons for the delay and the time by which it is likely to be finalised?

Answer given by the minister

MINISTER OF STATE FOR HEAVY INDUSTRIES & PUBLIC ENTERPRISES (DR. VALLABHBHAI KATHIRIA)

(a) to (c): No, Sir. BIFR in its hearing held on 10.7.2000 has passed an order for winding up of CCIL.