Panel to look into problems of north-east paper mills
Sontosh Mohan Dev has ordered a high level committee headed by the additional secretary of the ministry to look into the raw material and related problems of the paper industry situated in the north-eastern region.
By INDIATIMES NEWS NETWORK |
MUMBAI: Union Minister for Heavy Industries & Public Enterprises, Sontosh Mohan Dev has ordered a high level committee headed by the additional secretary of the ministry to look into the raw material and related problems of the paper industry situated in the north-eastern region.
The average per capita consumption of paper���which is widely held as an indicator of development and literacy--is merely 7 kg per annum in India, against the Asian average of 28 kg, Dev held. He was addressing the Parliamentary Consultative Committee meeting on Wednesday.
He, however, said that the brighter side of the picture is that the demand for paper in India is on the rise and this would be the right time for an expansion drive at existing mills as well as venturing into greenfield projects in the sector.
Referring to the infrastructural bottlenecks of the region, the minister expressed hope that once ���East-West Corridor��� connecting Kohima/Silchar to Porbander comes into existence, movement of incoming and outgoing materials would be smooth.
The average per capita consumption of paper���which is widely held as an indicator of development and literacy--is merely 7 kg per annum in India, against the Asian average of 28 kg, Dev held. He was addressing the Parliamentary Consultative Committee meeting on Wednesday.
He, however, said that the brighter side of the picture is that the demand for paper in India is on the rise and this would be the right time for an expansion drive at existing mills as well as venturing into greenfield projects in the sector.
Referring to the infrastructural bottlenecks of the region, the minister expressed hope that once ���East-West Corridor��� connecting Kohima/Silchar to Porbander comes into existence, movement of incoming and outgoing materials would be smooth.
Start a SIP with as low as ₹500 with ET Money App!
Download
The Economic Times News App for Quarterly Results, Latest News in ITR, Business, Share Market, Live Sensex News & More.
The Economic Times News App for Quarterly Results, Latest News in ITR, Business, Share Market, Live Sensex News & More.
ADVERTISEMENT
