Two Decades On

Two Decades On D P Sharma THE Cotton Corporation of India which celebrated on November 11 two decades of its existence could not have hoped for a more propitious time. The corporation which had to be extricated, not many years ago, from the financial debris it had got deeply buried under (having accumulated a loss of well over Rs 100 crore against a share capital of Rs 19 crore) through a massive salvage operation (replacement of the loss by government loans amounting to Rs 92.50 crore spread over 1983-84 to 1985-86) presents now.an altogether different picture, reflecting essentially qualitative change in management rather than improved operational environment.