Question : REVIVAL OF NTC MILLS IN GUJARAT

(a) whether the National Textile Corporation (NTC) has decided to revive some NTC mills in the State of Gujarat following the rehabilitation scheme approved by the Board of Industrial and Financial Reconstruction (BIFR) for textile mills;

(b) if so, the estimated cost of rehabilitation scheme approved by the BIFR; and

(c) to what extent the textile workers would be benefited from the rehabilitation programme for the NTC ?

MINISTER OF TEXTILES ( SHRI SHANKERSINH VAGHELA )

(a): BIFR has approved the rehabilitation scheme for NTC(Guj.) Ltd. involving revival of 2 viable mills and closure of 9 unviable mills.
(b): The estimated cost of the rehabilitation scheme is Rs 486.04 crores.
(c): It is expected that with the implementation of rehabilitation scheme, the company would be able to provide productive employment to nearly 1375 workers.