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Revival of Old Mills

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Delhi
Last Updated : Dec 24 2014 | 12:23 AM IST
'Industry' is a State subject,hence revival of old mills is prerogative of State Government/UTs or the concerned Administrative Ministry/Department where these are under public sector. Department of Heavy Industry (DHI) is concerned with Central Public Sector Enterprises (CPSEs) under its administrative control. This includes decision on their revival/closure also. Two CPSEs under DHI, namely NEPA Limited and Nagaland Pulp & Paper Company Limited (NPPC), are having paper mills. Government has approved revival packages for these CPSEs in September, 2012 and June, 2013 respectively. After approval of revival scheme, Government has so far released Rs. 85.28 crore to NEPA Ltd. and Rs. 100 crore to NPPC Ltd. for their revival.

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First Published: Dec 23 2014 | 12:23 AM IST

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