New Delhi: Government on May 16 told the Lok Sabha that revised comprehensive rehabilitation proposals for certain units of Hindustan Fertilizer Corporation (HFC) and Fertilizer Corporation of India (FCI) have been reformulated and are presently under examination by a Group of Ministers (GoM).

"The GoM has been specifically constituted to revisit the issues relating to rehabilitation of sick fertilizer PSUs including HFC and FCI," Chemicals and Fertilizers Minister S S Dhindsa said replying to a calling attention motion moved by Communist Party of India-Marxist (CPI-M) members Sunil Khan and Basudeb Acharia on government's "inaction" for revival of HFC and FCI.

Referring to the order of Board for Industrial and Financial Reconstruction (BIFR) for winding up of FCI and HFC, he said both companies filed appeals against these orders before the Appellate Authority for Industrial and Financial Reconstruction (AAIFR).

While the appeal of FCI has been dismissed by AAIFR, that of HFC will come up for hearing this month-end, Dhindsa said.

The minister, however, said government has been providing budgetary support for meeting essential capital expenditure and operation requirements, including salary and wages of employees, of HFC and FCI.

While the total budgetary support to FCI since 1991 has been Rs 1899.69 crore, out of which Rs 1601 crore has been non-plan support, that for HFC during the same period has been Rs 1588 crore including Rs 1147 crore of non-plan support, he said.

PTI