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Posted on Nov 14, 05:42PM | UNI
Batting for the employees of Andaman's sick public sector undertaking firm, the Andaman and Nicobar Forest Plantation Development Corporation Ltd (ANFPDCL), the Congress unit of Andaman and Nicobar Islands has once again demanded its revival.
'Employees of ANFPDCL are suffering since past many years for no fault from their side,' Mr Kuldeep Rai Sharma the President of Pradesh Congress Committee, A and N Islands told media today.
ANFPDCL, a Public Sector Undertaking of the Government of India, is facing acute financial crisis since 2002, after tree felling was banned in Andaman and Nicobar Islands, by the Supreme Court of India.
'The A and N Administration had requested for revival of ANFPDCL in a restructured form and size with a modified mandate owned by the Administration, which was supposed to come into effect from April 1, 2012. The concerned Ministry too had agreed in principle to the proposal for transfer of ownership of ANFPDCL to A and N Administration, yet the Cabinet proposal, which is complete with all required information awaiting approval,' Mr Sharma added.
He added that the loan extended by the Ministry of Environment and Forest first in 2004, has been stagnant to Rs.
11 crores per annum.
Since salaries and wages have increased due to accrual of DA, ANIFPDCL does not have enough money to meet salary/wage expenses, coming to about Rs 21 crores.
Meanwhile, the Congress unit has urged the Lt Governor of Andaman and Nicobar Islands to intervene into this matter and approach Prime Minister Manmohan Singh to consider early release of loan assistance after enhancing it to Rs 17 crores per annum and finalisation of the cabinet decision for the future of the ANFPDCL.