CCEA approves CPSEs statutory dues

New Delhi, July 5 (UNI) The cabinet Committee on economic affairs (CCEA) today gave approval for budgetary support of Rs 77.25 crore to 13 central public sector enterprises (CPSEs) towards liquidating outstanding statutory dues, salary and wages for the period up to March 31, 2007.

''It will mitigate the hardhsips of the employees thereby motivating them for better output and prepare them to achieve the goal of revival and restructuring for the company,'' Finance Minister P Chidambarm told newspersons here while briefing on the outcome of the CCEA meeting.

The names of the CPSEs are: Andrew Yule Company Ltd, Bharat Opthalmic, Bharat Wagon Engineering Co Ltd, Hindustan Cables Ltd, HMT Ltd, HMT Ltd (Watches), HMT (CW) Ltd, Hindustan Photo Films Ltd, Instrumentation Ltd, National Instrument Ltd, NEPA Ltd, Triveni Structural Ltd and Tungbhadra Steel Products.

UNI