Hind Paper's Nagaon, Cachar employees not paid for months
8 Aug 2017 5:30 PM GMT
The government on Tuesday said that employees of Nagaon and Cachar paper mills belonging to central PSU Hindustan Paper Corp have not been paid salaries for 8 months and 10 months, respectively.
However, a proposal for revival of Hindustan Paper Corporation is under consideration of the Department of Heavy Industry. "The proposal also includes budgetary support for payment of salaries of the employees of Cachar Paper Mill and Nagaon Paper Mill," Minister of State for Heavy Industries and Public Enterprises Babul Supriyo said. Due to shortage of working capital, the production in Cachar Paper Mill and Nagaon Paper Mill, units of Hindustan Paper Corporation, has been suspended since October 2015 and March 2017, respectively, the minister said.
He said that salaries of the employees have not been paid for the last 8 months for Nagaon paper mill and 10 months for Cachar Paper Mill.
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