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31 December, 1997

Kamala mills to develop surplus land 

EXPRESS NEWS SERVICE  
MUMBAI, Dec 30: The state government today permitted Kamala Mills to develop its surplus land to garner additional funds for modernisation of the unit.Chief Minister Manohar Joshi said his government has decided to vacate the stay imposed on February 29, 1996.

``The cabinet today approved the mill's revival proposal. In fact, it was already approved by the erstwhile Congress government,'' Joshi added.

Confirming that the mill was one of the units which had violated development control rules, Joshi said though it has been granted permission for development, it will have to pay the penalty imposed by the BMC. He said the decision to allow sale and development of surplus mill land was taken after the Board of Industrial and Financial Reconstruction (BIFR) approved the revival packages envisaging exploitation of surplus mill lands to raise funds for modernisation and payment of dues to workers.

He also said a high-level committee headed by the chief secretary will monitor the development and sale of surplus mill lands by sick mills for the purpose of modernisation and labour welfare. The textiles, industries, labour and housing secretaries, commissioners of MMC and MMRDA and the principal secretary, urban development, will be members of the committee.

In addition, there will be three non-official members. Joshi admitted that officials had failed to book erring mills for violation of DC rules. `` I have ordered a further inquiry, since it has been brought to my notice that more officials were involved in the deal.''

Copyright © 1997 Indian Express Newspapers (Bombay) Ltd.



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