Ashlin MathewMay 2, 2022

RT @[email protected]

Earlier #government was keen to privatise #NationalTextileCorporation, but now they are talking about its closure in hope of monetising land available with it, said a source. This will add to existing #unemployment raging in the country. @[email protected] https://www.nationalheraldindia.com/india/national-textile-corporation-stares-at-closure-blowing-out-7200-jobs-govt-likely-to-monetise-its-land

🐦🔗: https://twitter.com/NH_India/status/1521104716847058947

National Textile Corporation stares at closure, blowing out 7,200 jobs; govt likely to monetise its land

Earlier the government was keen to privatise NTC, but now they are talking about closure of NTC in the hope of monetising land available with the Corporation, said a source. This will add to the existing unemployment raging in the country.

National Herald
Ashlin MathewJul 7, 2020

RT @[email protected]

In March, when the first #lockdown was announced, the workers of #NTC got only 75% of their salaries. In April, they got 60% and in May only 40% of their salaries. #NovelCoronavirus #NationalTextileCorporation @[email protected] https://www.nationalheraldindia.com/india/national-textile-corporation-slashes-more-than-60-salary-of-staff

🐦🔗: https://twitter.com/NH_India/status/1280381454866841606

National Textile Corporation slashes more than 60% salary of staff     

In March, when the first lockdown was announced, the workers of NTC got only 75% of their salaries. In April, they got 60% and in May only 40% of their salaries  

National HeraldNov 22, 2019
Like several #PSUs in India, #NationalTextileCorporation (#NTC) has been a sick unit for a while. But under the #ModiGovt, its profit and loss statements have witnessed window dressing to show that it is faring better than earlier years.
@ashlinpmathew
https://www.nationalheraldindia.com/india/smriti-iranis-ntc-changes-calculation-procedure-to-show-lower-losses?utm_source=mastodon&utm_medium=mastodon&utm_campaign=mastodon
Smriti Irani’s NTC changes calculation procedure to show lower losses

Like several PSUs in India, National Textile Corporation (NTC) has been a sick unit for a while. But under the Modi govt, its profit and loss statements have witnessed window dressing to show that it is faring better than earlier years.