Kolkata: The West Bengal government has
appealed to Prime Minister Manmohan Singh to waive off the
dues of the Mining and Allied Machinery Corporation in
Durgapur, which is under liquidation, for its revival.
In a letter to the Prime Minister, Chief Minister
Buddhadeb Bhattacharjee said: "It may be mentioned that MAMC,
a fully-owned Government of India company is scheduled for
closure following recommendation of BIFR. I request you to
waive (off) all its dues... for its revival."
Assets of the company are currently in the custody of
the Official Liquidator of the Calcutta High Court.
With the High Court allowing submission of a viable
revival proposal for MAMC, a consortium of three major
government-owned companies BEML, CIL and DVC have prepared a
techno-economic feasibility study for its revival.
Recently, Industry minister Nirupam Sen also wrote to
the Union Heavy Industries minister Vilasrao Desmukh for the
revival of the ailing unit.
PTI
First Published: Tuesday, December 08, 2009, 23:43