REVIVAL OF FACT
24/February/2015
GOVERNMENT OF INDIA
MINISTRY OF HEAVY INDUSTRIES AND PUBLIC ENTERPRISES
LOK SABHA
UNSTARRED QUESTION NO: 213
ANSWERED ON:  24.02.2015
REVIVAL OF FACT
SHASHI THAROOR
 
Will the Minister of



HEAVY INDUSTRIES AND PUBLIC ENTERPRISES be pleased to state:-




(a) whether the Government is considering proposals for the revival and rehabi- litation of the Fertilizers and Chemicals Travancore Ltd. (FACT) located in Kochi, Kerala; 

(b) if so, the details thereof; 

(c) whether the Government is aware that the State Government of Kerala has decided to waive off the Value Added Tax (VAT) on natural gas supplied to FACT in compliance with recommendations of the Board for Reconstruction of Public Sector Enterprises (BRPSE) and if so, the details thereof; 

(d) whether the Government has decided to extend the promised `INR 991-crore revival package` to FACT as recommended by the BRPSE; and 

(e) if so. the details thereof and the time by which it is likely to be done?


ANSWER


THE MINISTER OF STATE FOR HEAVY INDUSTRIES & PUBLIC ENTERPRISES (SHRI G.M.SIDDESHWARA) 

(a) to (e): The information is being collected from Department of Fertilizers and will be laid on the Table of the House.


Source: