(a) whether the Government has provided any revival package to HMT Ltd.,
(b) if so, the details thereof;
(c) whether the Government has recommended enhancement of retirement age of company employees;
(d) if so, the details thereof; and
(e) the other steps taken/being taken by the Government to boost the financial condition of HMT Ltd.?
MINISTER OF THE STATE IN THE MINISTRY OF HEAVY INDUSTRIES AND PUBLIC ENTERPRISES (SHRI PRAFUL PATEL)
(a): No, Madam.
(b): The Question does not arise.
(c): No, Madam.
(d): The question does not arise.
(e): Steps taken to boost the financial condition of HMT Ltd. are as follows:
(i) An amount of Rs. 38 crore has been sanctioned on 30th December, 2011 to HMT Ltd. as non-plan loan to meet
the requirement of working capital of the company.
(ii) A revival plan for HMT Ltd. has been formulated and submitted to Board for Reconstruction of Public Sector
Enterprises (BRPSE).