As
per the revival plan approved by Board for Industrial & Financial
Reconstruction (BIFR), National Textile Corporation Ltd., (NTC) is to
revive 24 mills directly by itself. Details of the mills modernised under the
revival scheme are at Annexure-I.
The revival scheme is self- financed through sale of surplus assets of
NTC and no financial assistance has been provided by the Government of India.
The
profit and loss of NTC mills during the last three years and current year
(April, 2012 to December, 2012) is placed at Annexure-II. The main
reason for incurring losses by mills is attributed to acute power cut resulting
in under utilisation of installed capacity and certain perennial problem of
labour shortage.
Revival of NTC
mills is as per the Revival Scheme approved by the BIFR which inter-alia,
provides for funding of the scheme from the proceeds of the sale of surplus
assets of NTC. There is no plan to revive any of the closed mills of NTC.
ANNEXURE-I
STATEMENT IN REPLY TO PART (A) AND (B) of LOK SABHA
UNSTARRED QUESTION NO. 1043 FOR ANSWER ON 04.03.2013
|
S.No.
|
State-wise
name of mills
|
Status of
Revival based on steps taken by NTC
|
|
|
KERALA
|
|
|
1
|
Alagappa
|
Modernised
|
|
2
|
Cannanore, Cannanore
|
Modernised
|
|
3
|
Kerala Lakshmi
|
Modernised
|
|
4
|
Vijay Mohini
|
Modernised
|
|
|
MAHE
|
|
|
5
|
CannanoreSpg. &Wvg. Mills.
|
Modernised
|
|
|
ANDHRA PRADESH
|
|
|
6
|
Tirupathi
|
Partially Modernised
|
|
|
TAMIL NADU
|
|
|
7
|
Cambodia
|
Modernised
|
|
8
|
Rangavilas
|
Modernised
|
|
9
|
Pankaja
|
Modernised
|
|
10
|
Pioneer
|
Modernised
|
|
11
|
Kaleeswara'B'
|
Modernised
|
|
12
|
Coimbatore Murugan
|
Modernised
|
|
13
|
Coimbatore Spgn. And Wving
|
Partially Modernised
|
|
|
KARNATAKA
|
|
|
14
|
New Minerva
|
Modernised
|
|
|
MAHARASHTRA
|
|
|
15
|
Tata
|
Modernised
|
|
16
|
Podar
|
Modernised
|
|
17
|
Indu No.5
|
Modernised
|
|
18
|
Barshi
|
Modernised
|
|
19
|
Finlay (Achalpur)
|
Modernised
|
|
|
MADHYA PRADESH
|
|
|
20
|
New Bhopal
|
Modernised
|
|
21
|
Burhanpur Tapti
|
Modernised
|
|
|
WEST BENGAL
|
|
|
22
|
Arati
|
Modernised
|
|
|
GUJARAT
|
|
|
23
|
Rajnagar
|
Modernised
|
|
24th unit is slated to be set up as
Technical Textile unit in Rajasthan
|
ANNEXURE-II
STATEMENT IN REPLY TO PART (c) of LOK SABHA UNSTARRED
QUESTION NO. 1043 FOR ANSWER ON 04.03.2013
|
|
|
2009-2010
|
2010-11
|
2011-12
|
April,12 - Dec.,12
|
|
|
S.No.
|
State-wise Name of Mills
|
CashProfit/
Loss
|
Cash Profit/
Loss
|
Cash Profit/
Loss
|
Cash Profit/Loss
|
|
|
|
|
Rs.Lakhs
|
Rs.Lakhs
|
Rs.Lakhs
|
Rs.Lakhs
|
|
|
|
KERALA
|
|
|
|
|
|
|
1
|
Alagappa
|
-49.93
|
20.84
|
-297.06
|
130.95
|
|
|
2
|
Can.,Can.
|
-122.55
|
173.17
|
-306.45
|
275.86
|
|
|
3
|
Kerala Lakshmi
|
-120.41
|
69.94
|
-509.92
|
178.86
|
|
|
4
|
Vijay Mohini
|
-58.12
|
78.66
|
-283.23
|
193.79
|
|
|
|
MAHE
|
|
|
|
|
|
|
5
|
CannanoreSpg.&
Wvg. Mills.
|
-84.69
|
-73.40
|
-566.64
|
140.32
|
|
|
|
ANDHRA PRADESH
|
|
|
|
|
|
|
6
|
Tirupathi
|
-41.33
|
-41.33
|
-391.9
|
-40.63
|
|
|
|
TAMIL NADU
|
|
|
|
|
|
|
7
|
Cambodia
|
-80.38
|
137.82
|
-603.78
|
86.81
|
|
|
8
|
Rangavilas
|
-146.28
|
9.33
|
-967.70
|
13.45
|
|
|
9
|
Pankaja
|
-99.22
|
23.97
|
-756.88
|
-111.08
|
|
|
10
|
Pioneer
|
-83.1
|
9.45
|
-630.72
|
-184.48
|
|
|
11
|
Kal.'B'
|
-15.12
|
164.36
|
-514.07
|
-4.55
|
|
|
12
|
Coimb. Murugan
|
18.94
|
-390.76
|
-400.21
|
-186.81
|
|
|
13
|
C.S.& W
|
-381.57
|
-346.30
|
-376.08
|
-127.32
|
|
|
|
KARNATAKA
|
|
|
|
|
|
|
14
|
New Minerva
|
0
|
128.12
|
-223.03
|
-10.20
|
|
|
|
MAHARASHTRA
|
|
|
|
|
|
|
15
|
Tata
|
-699.81
|
-449.72
|
-1644.07
|
-460.71
|
|
|
16
|
Podar
|
-351.12
|
-247.48
|
-1025.63
|
-107.25
|
|
|
17
|
Indu No.5
|
-262.29
|
-69.83
|
-807.95
|
6.40
|
|
|
18
|
Barshi
|
19.54
|
148.49
|
-610.37
|
25.47
|
|
|
19
|
Finlay (Achalpur)
|
0
|
6.22
|
-693.66
|
733.44
|
|
|
|
MADHYA PRADESH
|
|
|
|
|
|
|
20
|
New Bhopal
|
-31.25
|
-191.13
|
-686.88
|
69.63
|
|
|
21
|
Burhanpur Tapti
|
69.19
|
-373.75
|
-236.16
|
324.43
|
|
|
|
WEST BENGAL
|
|
|
|
|
|
|
22
|
Arati
|
-42.02
|
102.66
|
-73.15
|
3.58
|
|
|
23
|
GUJARAT
|
|
|
|
|
|
|
|
Rajnagar
|
0
|
-
|
-
|
-19.74
|
|
|
|
OVERALL
|
-2561.52
|
-1110.67
|
-12605.54
|
930.22
|
|
This information was given by the
Minister of Textiles, Shri Anand
Sharma in a written reply in the Lok Sabha today.
******
DS/RK