Ministerial action on 22 Oct 09: Non-plan budgetary support of Rs.72.26 crore towards payment of statutory dues, salary and wages in 10 loss making CP

Ministerial action on 22 Oct 09

Non-plan budgetary support of Rs.72.26 crore towards payment of statutory dues, salary and wages in 10 loss making CPSEs

The Cabinet Committee on Economic Affairs on Thursday approved non-plan budgetary support of Rs.72.26 crore towards statutory dues, salary and wages from 1.4.1009 to 30.06.2009 in respect of following Central Public Sector Enterprises. The approval would mitigate the hardships of the employees thereby motivating them for better output and prepare them to achieve the goal of revival / restructuring for the companies.
Courtesy: Ministry of Heavy industries and public enterprise release