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Textile mills can now sell surplus land

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Image Courtesy: tribune.com.pk

                     Image Courtesy: tribune.com.pk

The textile mills which are not doing so well can now sell their excess land which is in no use to overcome the financial crisis they are facing, as stated by the State Government of Maharashtra. The Textile Minister Chandrakant Dada Patil said that the Government expect that this decision would help these mills to revive their business a lot of money has been invested in them and if it does not help.

Previously, the Suresh Halwankar committee suggested the closure of all ailing mills to cut losses to which the Congress and NCP reproached the suggestion a ‘deliberate attempt’ to devastate the cooperative sector.

 

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