<h1>Financial assistance to public sector company approved, enabling loans and DPE guideline relaxations to support operational turnaround.</h1> Cabinet approved a revival package for HMT Machine Tools Limited including a non plan working capital loan of Rs.75 crore, an additional non plan loan of Rs.61.04 crore to cover the cost of implementing the 1997 pay revision, a waiver of interest on a Government loan, one time relaxation to implement the 1997 pay revision, Board empowerment to increase retirement age for up to 10% of retirees in any year, and extensions for utilisation of sanctioned technology and training funds, aimed at motivating staff and supporting turnaround.