(a) whether the National Project Construction Corporation is passing through a crisis period;
(b) is so, the reasons therefor;
(c) whether there are plans with the Government to revive this corporation; and
(d) if so, the time by which the corporation is likely to be revived ?
MINISTER OF STATE FOR WATER RESOURCES (SMT. BIJOYA CHAKRAVARTY)
(a) & (b) NPCC Ltd. Is a sick public undertaking and has been
incurring heavy losses since 1989 onwards due to high employment
cost, surplus manpower, interest burden on loans, limited bank
guarantee, low recovery of outstanding dues from project
authorities and insufficient generation of funds by the
performing units.
(c) Yes Sir.
(d) Revival of NPCC Limited is linked with many factors such as
its potentiality to revive, reduction in surplus manpower,
improvement in work orders position, and availability of funds
etc.