The government has given grant for meeting the mill's operational costs and has provided working capital support for the mill.
GN Bureau | July 21, 2016
Cachar Paper Mill (CPM), a unit of Hindustan Paper Corporation, is facing financial crisis on account of non-availability of coal, the government has said. Coal is not available due to a blanket ban imposed by National Green Tribunal (NGT) on mining and transportation of coal in Meghalaya, which supplied 100 percent requirement of the mill.
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Should public sector banks be privatised?