FM's SPEECH on UNION BUDGET 2001-2002

 

88. Financial and business restructuring plans of a number of PSUs including SAIL and HMT have been approved. Since 1998 financial restructuring support to viable and potentially viable PSUs amounting to more than Rs 13,000 crore has been provided to 23 PSUs. Government has also decided to close down 8 non-viable PSUs during the current year. A package of measures for revival and closure of the various mills of National Textiles Corporation has also been approved.

 

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