Revival of fertilizer units of FCIL
MINISTER OF STATE IN THE MINISTRY OF CHEMICALS & FERTILIZERS
(SHRI HANSRAJ GANGARAM AHIR)
(a): No, Sir. Cabinet Committee on Economic Affairs (CCEA), in its meeting held on 9.5.2013, inter-alia, approved waiver of Government of India loan and interest. Subsequent to the decision of waiver of GoI loan & Interest the net worth of FCIL turned positive and in the hearing of BIFR held on 27.6.2013, the Hon’ble Bench de-registered FCIL from the purview of Board for Industrial and Financial Reconstruction (BIFR).
(b): In view of (a) above the question does not arise