Assam Cabinet sanctions Rs 375 cr to bid for taking over assets of closed HPCL units


Guwahati: The Assam cabinet on Wednesday approved Rs 375 crore for bidding for seizure of assets of Central PSU India Paper Corporation Limited (HPCL) closed units at three locations in the state, a minister said. ۔ .


The weekly cabinet meeting, chaired by Chief Minister Himanta Biswa Sarma, also approved a draft notification to clarify and identify nine animal corridors south of Kaziranga National Park.


It also approved some amendments to the Acts that would simplify the recruitment process.


Water Resources Minister and Government Spokesperson Pijush Hazarika told reporters that the Cabinet had approved Rs. It has been decided to accept Rs. Meeting


The Cachar Paper Mill at Panchgram in Hailakandi District has been inactive since October 2015, while the Nagun Paper Mill at Jagirod in Morigaon District has been closed since March 2017.


Hazarika said the cabinet decision would benefit about 1,100 families of HPCL workers in Assam.


The cabinet also decided to repeal several useless laws.

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