Ministry of Textiles14-August, 2014 13:54 IST
National Textile Corporation

National Textile Corporation (NTC) is a company referred to the Board for Industrial and Financial Reconstruction (BIFR). NTC is currently implementing the Modified Draft Revival Scheme (MDRS) – 08, which does not propose setting up any composite spinning and weaving unit in Andhra Pradesh. NTC is in the process of formulating a new MDRS-2014, which will include techno economically viable proposals for mills from across the country.

The information was given by the Minister of State (Independent Charge) in the Ministry of Textiles Shri Santosh Kumar Gangwar in a written reply in Lok Sabha today.

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(Release ID :108713)