Assam To Acquire Assets Of Defunct Hindustan Paper Mills, Give Rs 570 Crore In Relief
NDTV
The four-hour-long discussion between the government and the unions of the two mills ended at 2 am on the intervening night of Tuesday and Wednesday, following which the agreement was signed.
The Assam government will acquire the assets of two defunct paper mills of Hindustan Paper Corporation Limited and provide Rs 570 crore to its employees as part of a relief package according to an agreement. Finally reached agreement with the workers and employees of Hindustan Paper Corporation to resolve long pending issues of their salaries and dues.Discussion lasted over 4 hours in my office and concluded at 2 AM. Back to home now. Will leave for north Assam tour at 8 AM
According to the agreement, Rs 570 crore will be disbursed within two months on approval of the proposal by the National Company Law Tribunal (NCLT), permanent employment will be given to 100 workers in state government entities through a special recruitment drive, and all doctors, auxiliary nurse-midwives and other paramedics will be given employment. The relief package will not prejudice the claims of workers fighting legal cases pending at various courts, according to the agreement.
The four-hour-long discussion between the government and the unions of the two mills ended at 2 am on the intervening night of Tuesday and Wednesday, following which the agreement was signed.
"Finally reached agreement with the workers and employees of Hindustan Paper Corporation to resolve long pending issues of their salaries and dues. Discussion lasted over 4 hours in my office and concluded at 2 AM. Back to home now. Will leave for north Assam tour at 8 AM," Himanta Biswa Sarma tweeted.
