Dear Shri. Narendra Modiji,
Please refer to my earlier D.O. letters dated October 24, 2016 and March 6, 2017 seeking your kind intervention to delink Hindustan Newsprint Limited (HNL) in Kerala from Hindustan Paper Corporation and making it an independent enterprise directly under the control of Department of Heavy Industries.
As you are aware Hindustan Newsprint Limited, a subsidiary of Hindustan Paper Corporation Limited has shown excellent performance and had kept a commendable track record in terms of production, productivity and profitability until recent past. During the good years HNL has paid back Rs. 117 crores as dividend. (more…)