Related Keywords: bill passed by Lok sabha, Industrial disputes act, NTC, resusciate sick mills, Santosh Gangwar, Textile Industry, Textile Ministry, Textile undertakings
The Textile Ministry is working toward resuscitating sick mills including the National Textile Corporation (NTC). The government wants to bring to profit a total of eleven mills of NTC in next three months. NTC had acquired 119 mills, out of which 78 are closed under the Industrial Disputes Act, Textiles Minister Santosh Gangwar informed Rajya Sabha.
He was replying to a debate on the Textile Undertakings (Nationalisation) Laws (Amendment and Validation) Bill, 2014, which replaces an ordinance promulgated some time back.
