Related Keywords: Chandrakant Dada Patil, Maharashtra government, permission to sell excess land in possession, recover losses, revive textile mills, sick cooperative textile mills, Textile Federation, Textile Minister
To recover losses and revive sick cooperative textile mills in the Maharashtra state, a major step being considered under the comprehensive plan of cooperative structure is whether to allow sick textile mills to sell of excess land in their possession, said textile minister Chandrakant Dada Patil.
The government's share in their capital ranges from 80% to 45%. Most of them are spinning mills. Each unit has loss in tune of Rs20-40 crore.
