Scribd Logo
Upload

Welcome to Scribd!

  • 10 views

    Assam - Assam Industrial Development Corporation Takes Over Assets of Hindustan Paper Corporation, Cachar Paper Mill - The Economic Times

    Uploaded by

    create
    The Assam Industrial Development Corporation has taken over the assets of Hindustan Paper Corporation's Nagaon and Cachar paper mills. AIDC was declared the successful bidder on behalf of the Assam state government. Although Assam had no stake in the paper mills, the state government pursued resolving the matter for humanitarian reasons. After the Chief Minister's initiative, Assam offered a Rs. 700 crore relief package for employees that included settling outstanding dues.

    Copyright:

    © All Rights Reserved
    Download as PDF, TXT or read online from Scribd
    Flag for inappropriate content

    You might also like

    Assam - Assam Industrial Development Corporation Takes Over Assets of Hindustan Paper Corporation, Cachar Paper Mill - The Economic Times

    Uploaded by

    create
    10 views1 page
    The Assam Industrial Development Corporation has taken over the assets of Hindustan Paper Corporation's Nagaon and Cachar paper mills. AIDC was declared the successful bidder on behalf of the Assam state government. Although Assam had no stake in the paper mills, the state government pursued resolving the matter for humanitarian reasons. After the Chief Minister's initiative, Assam offered a Rs. 700 crore relief package for employees that included settling outstanding dues.

    Original Description:

    Original Title

    assam_ Assam Industrial Development Corporation takes over assets of Hindustan Paper Corporation, Cachar Paper Mill - The Economic Times

    Copyright

    © © All Rights Reserved

    Available Formats

    PDF, TXT or read online from Scribd

    Did you find this document useful?

    Is this content inappropriate?

    Report this Document
    The Assam Industrial Development Corporation has taken over the assets of Hindustan Paper Corporation's Nagaon and Cachar paper mills. AIDC was declared the successful bidder on behalf of the Assam state government. Although Assam had no stake in the paper mills, the state government pursued resolving the matter for humanitarian reasons. After the Chief Minister's initiative, Assam offered a Rs. 700 crore relief package for employees that included settling outstanding dues.

    Copyright:

    © All Rights Reserved
    Download as PDF, TXT or read online from Scribd
    Flag for inappropriate content
    Download as pdf or txt
    10 views1 page

    Assam - Assam Industrial Development Corporation Takes Over Assets of Hindustan Paper Corporation, Cachar Paper Mill - The Economic Times

    Uploaded by

    create
    The Assam Industrial Development Corporation has taken over the assets of Hindustan Paper Corporation's Nagaon and Cachar paper mills. AIDC was declared the successful bidder on behalf of the Assam state government. Although Assam had no stake in the paper mills, the state government pursued resolving the matter for humanitarian reasons. After the Chief Minister's initiative, Assam offered a Rs. 700 crore relief package for employees that included settling outstanding dues.

    Copyright:

    © All Rights Reserved
    Download as PDF, TXT or read online from Scribd
    Flag for inappropriate content
    Download as pdf or txt
    of 1

    8/6/22, 1:04 PM assam: Assam Industrial Development Corporation takes over assets of Hindustan Paper Corporation, Cachar Paper

    n, Cachar Paper Mill - Th…

    Flipkart is redefining the shopping experience in India


    AD ETBrandEquity

    Know More

    BENCHMARKS CLOSED NSE GAINER-LARGE CAP FEATURED FUNDS ★★★★★ 5Y RETURN


    DSP Equity Opportunitie… MARKET WATCH
    Nifty 17,397.50 15.50 InterGlobe 2,080.90 94.80 11.92 % INVEST NOW

    Subscribe Sign In

    Industry Get Benefits Worth Rs. 8700/-


    English Edition | Today's Paper

    Home ETPrime Markets News Industry RISE Politics Wealth Mutual Funds Tech Jobs Opinion NRI Panache ET NOW More

    Auto Banking/Finance Cons. Products Energy Renewables Ind'l Goods/Svs Healthcare/Biotech Services Media/Entertainment More

    Business News › Industry › Ind'l Goods/Svs › Paper / Wood / Glass/ Plastic/ Marbles ›

    Assam Industrial Development Corporation takes over assets of Hindustan Paper Corporation, Cachar Paper Mill

    Assam Industrial Development Corporation takes


    over assets of Hindustan Paper Corporation,
    Cachar Paper Mill
    By Bikash Singh, ET Bureau Last Updated: Mar 28, 2022, 09:01 PM IST
    SHARE FONT SIZE SAVE PRINT COMMENT

    Synopsis
    AIDC was declared the successful bidder. On behalf of the government of Assam, AIDC
    has taken over the assets of Nagaon and Cachar paper mills.

    Assam Industrial Development


    Corporation (AIDC) has finally taken
    over the assets of Hindustan Paper
    Corporation Limited (HPCL) Nagaon at Investment plans for NRI. Invest
    Jagiroad and Cachar Paper Mill, 18k/month & Get Monthly Pension of 2…
    AD NRI Investment Plans VIEW MORE
    Panchgram.

    Although the government of Assam had no stake


    AIDC was declared the successful Popular in Ind'l Goods/Svs
    in the paper mills, the state government has been bidder. On behalf of the government of
    relentlessly pursuing to resolve the matter on 1. Coal stock position will be
    humanitarian grounds. Assam, AIDC has taken over the assets comfortable after monsoon

    of Nagaon and Cachar paper mills.


    Although the government of Assam had no stake in the paper mills, the state 2. L&T Group aims Rs 2.7 Lakh
    crore revenue By FY26:
    government has been relentlessly pursuing to resolve the matter on Chairman A M Naik

    humanitarian grounds. After the initiative of Chief Minister Himanta Biswa


    Sarma, the government of Assam offered a general relief package of Rs. 700 3. 'Expedite coal auctions to
    ease prices'
    crore. The package included settlement of various outstanding dues of
    employees and workers of HPCL’s assets at Nagaon and Cachar paper mills.

    https://economictimes.indiatimes.com/industry/indl-goods/svs/paper-/-wood-/-glass/-plastic/-marbles/assam-industrial-development-corporation-ta… 1/5

    You might also like