Just a moment...
Press 'Enter' to add multiple search terms. Rules for Better Search
No Folders have been created
Are you sure you want to delete "My most important" ?
NOTE:
Don't have an account? Register Here
<h1>Government Approves Financial Aid for HMT Ltd. and HMT Machine Tools Ltd. to Cover Employee Salaries and Dues.</h1> The Cabinet Committee on Economic Affairs has approved a Non-Plan loan of Rs. 27.06 crore to support the payment of salaries and statutory dues for employees of HMT Limited from March to September 2013. Additionally, Rs. 50.34 crore has been allocated to HMT Machine Tools Limited for statutory dues from September 2012 to March 2013. Both entities are under the Department of Heavy Industry. This financial assistance aims to alleviate employee hardships and aid in the companies' revival and restructuring efforts. HMT Ltd., established in 1953, has diversified into multi-technology products with a workforce of 1,439 as of October 2013.