MP writes PM to help FACT from being a sick unit

N’ Delhi: Board for Industrial and Financial Reconstruction (BIFR) on Tuesday will hear a case Fertilizers and Chemicals Travancore (FACT) including it to the lists of ailing industries. Meanwhile, Ernakulam MP K V Thomas has written to prime minister demanding to postpone the hearing in the case. Thomas demanded for the government to announce a revival package for FACT. Since the company has incurred heavy loss for the last three years had prompted BIFR to take such a decision.

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