No loss making cooperative sugar mill to be shut down: Minister

Image
Press Trust of India Chandigarh
Last Updated : Aug 03 2018 | 7:40 PM IST

The Punjab government today said it will not close any loss making cooperative sugar mill, rather all out efforts will be made to revive it.

It was assured by state cooperation minister Sukhjinder Singh Randhawa while chairing a meeting of the departmental officers regarding the present condition of the cooperative sugar mills, according to an official release.

Randhawa said the cooperative sugar mills running into losses will be transformed so that they can perform better.

The minister further said either the present machinery of the cooperative sugar mills will be modified or a new one be purchased.

Randhawa said that he will personally visit all the mills and hold brainstorming sessions with the stakeholders and farmers so as to bring improvement in their functioning.

He further said record of three years of those mills will also be inspected and strict action will be taken against guilty officers.

Disclaimer: No Business Standard Journalist was involved in creation of this content

*Subscribe to Business Standard digital and get complimentary access to The New York Times

Smart Quarterly

₹900

3 Months

₹300/Month

SAVE 25%

Smart Essential

₹2,700

1 Year

₹225/Month

SAVE 46%
*Complimentary New York Times access for the 2nd year will be given after 12 months

Super Saver

₹3,900

2 Years

₹162/Month

Subscribe

Renews automatically, cancel anytime

Here’s what’s included in our digital subscription plans

Exclusive premium stories online

  • Over 30 premium stories daily, handpicked by our editors

Complimentary Access to The New York Times

  • News, Games, Cooking, Audio, Wirecutter & The Athletic

Business Standard Epaper

  • Digital replica of our daily newspaper — with options to read, save, and share

Curated Newsletters

  • Insights on markets, finance, politics, tech, and more delivered to your inbox

Market Analysis & Investment Insights

  • In-depth market analysis & insights with access to The Smart Investor

Archives

  • Repository of articles and publications dating back to 1997

Ad-free Reading

  • Uninterrupted reading experience with no advertisements

Seamless Access Across All Devices

  • Access Business Standard across devices — mobile, tablet, or PC, via web or app

More From This Section

First Published: Aug 03 2018 | 7:40 PM IST

Next Story