Delinking of HNL
07/August/2018

GOVERNMENT OF INDIA

MINISTRY OF HEAVY INDUSTRIES AND PUBLIC ENTERPRISES

DEPARTMENT OF HEAVY INDUSTRY

LOK SABHA

UNSTARRED QUESTION NO. 3234

TO BE ANSWERED ON. 07.08.2018

Delinking of HNL

  1. DR. SHASHI THAROOR:

Will the Minister of HEAVY INDUSTRIES AND PUBLIC ENTERPRISES be pleased to

state:

(a) whether the Government has received letters from the Chief Minister of Kerala regarding the

delinking of Hindustan Newsprint Limited (HNL), Kerala from Hindustan Paper Corporation and

making it an independent enterprises directly under the control of Department of Heavy Industries,

as well as to provide HNL with financial assistance so as to make it a profitable entity;

(b) if so, whether the Government has accepted these suggestions; and

(c) the steps taken by the Government to implement the suggestions received in this regard?

ANSWER

MINISTER OF STATE IN THE MINISTRY OF HEAVY INDUSTRIES AND PUBLIC

ENTERPRISES (SHRI BABUL SUPRIYO)

(a): Yes, Madam.

(b): Based on the decision of Cabinet Committee on Economic Affairs, strategic disinvestment of

HNL has been initiated.

(c):Does not arise.

*********



Source: