ISSN (Print) - 0012-9976 | ISSN (Online) - 2349-8846

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NEW DELHI-Gunning for the Public Sector

the date of maturity upto 15 years with increase in the rate of interest to 11 per cent per annum with effect from lanuary 1, 1980. The improvement in the company's profit is attributable to reasonable prices of raw materials and multi-fibre policy of the government, which have benefited the cotton textile industry as a whole. The company has been pursuing the process of modernisation. It installed a number of items of machinery during the year. These would enable it to achieve further sophistication in the varieties of cloth.

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