Month: November 2009

Privatization worldwide

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Privatisation brought the United Kingdom from being nearly bankrupt in 1980 to its re-emergence as a world economic leader. Privatisation brought similar benefits to the vast majority of countries ranging from Eastern Europe to Africa to South Asia and South America. Fewer than a dozen countries have avoided privatization, and they are the world’s most embarrassing economic failures – North Korea, Cuba, etc.

It works in rich countries like Britain and Saudi Arabia. It works in poorer countries like Tanzania and Sri Lanka. It works in the ‘North’, in Poland and Germany, and in the ‘South’ in Chile, Zambia and Bangladesh. It works in so-called ‘socialist countries’ like China, and so-called ‘capitalist’ countries like Singapore. Location or relative wealth, or literacy, or infrastructure do not matter – privatization works everywhere.

Past experiences

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Privatisation is the great economic success story of the past 20 years, over which thousands of crores in government assets have been transferred to the private sector in more than 150 countries around the world. Experts, from every continent, credit privatization with reducing government debt and rebuilding both large and small industries, turning them from loss-makers into profitable, tax-paying enterprises.

Sometimes experts argue over the best way to privatize, but virtually all of them agree that privatization works, and is an economic necessity for most countries.

Benefits of privatisation

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Privatisation is the best way to resuscitate and rebuild weakened  State Level Public Enterprises (SLPEs).

Privatisation :

* Stops loss-making SLPEs from adding to government debt;

* Depoliticises SLPEs, remove governmental pressures for over-manning and the sub-optimal use of resources;

* Gives new owners a strong incentive to turn around failing SLPEs into successful businesses;

* Gives new businesses access to investment capital that government cannot provide;

* Raises more money for government through taxing former SLPEs;

* Expands an enterprise and an industry, in the long run creating more jobs and generating wealth for the country.

Privatisation

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Privatisation means transferring the control of an enterprise from the government sector to the private sector. Generally, but not always, this also means transferring ownership of the Public sector enterprise as well as control.

It can be accomplished by sale or lease. It can be accomplished by the government selling 100% of an enterprise, or selling 51%, or even by selling a minority stake – so long as the private sector is given full managerial control. Without transferring control to the private sector, the government can rise money by selling a smaller share, but that is not privatisation as such.

Government orders 2004 – II

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GO Ms No.26
dt. 13.12.2004     APHDC Ltd. – Continuance of A.P. Handicrafts Development Corporation Ltd. – Orders – Issued
GO Ms No.25
dt. 16.11.2004     A.P. STATE COOPERATIVE CONSUMER FEDERATION LIMITED (FEDCON) – Sanction of an amount of Rs. 4,52,386/- as an interest bearing loan at the rate of 15% per annum to Fedcon towards payment of retrenchment compensation to (19) employees of Fedcon under I.D. Act/staff Regulations – Orders – Issued
GO Ms No.24
dt. 04.11.2004     APSIDC Ltd. – Downsizing of Cadre Strength in A.P.State Irrigation Development Corporation – Partial modification – Orders – Issued
GO Ms No.23
dt. 20.10.2004     The Amadalavalasa Coop. Sugars Limited, Amadalavalasa – Sanction of Rs.4,90,74,376/- as an interest bearing loan @ 15% per annum to the Amadalavalasa Coop. Sugars Limited, Amadalavalasa towards payment of VRS benefits to 221 employees of the Society – Orders – Issued
GO Ms No.22
dt. 18.10.2004     Public Enterprises Department – Sanction of Rs. 27,62,715/- towards expenditure for Training Programmes to the VRS availed employees under Social Safety Net Programme during the first quarter ( from April, 2004 to June, 2004) during the year 2004-05 – orders – Issued
GO Ms No.21
dt. 14.10.2004     APCO – sanction of an amount of Rs.3,49,264/- as an interest bearing loan @ 15% per annum to the A.P. State Handloom Weavers Coop. Society Ltd., towards payment of Voluntary Retirement Scheme (VRS) benefits to (03) employees of APCO – Orders -Issued
GO Ms No.20
dt. 21.09.2004     A.P.State Irrigation Development Corporation – Sanction of an amount of Rs.48,11,657/- as an interest bearing loan @ 15% p.a. to A.P. State Irrigation Development Corporation towards differential VRS claims due to release of D.A. w.e.f.1-1-98 and 1-7-98 for (620) employees of A.P.S.I.D.C relieved under 2nd and 3rd phases – orders-issued
GO Ms No.19
dt. 17.09.2004     Public Enterprises Department – Enhancement of T.A. / D.A. rates and mileage charges of Chairman and Managing Directors and other Directors of State Level Public Enterprises – Orders – Issued
GO Ms No.18
dt. 18.08.2004     APCO – sanction of an amount of Rs. 77,90,535/- as an interest bearing loan @ 15% per annum to the A.P. State Handloom Weavers Coop. Society Ltd., towards payment of Voluntary Retirement Scheme (VRS) benefits to (40) employees of APCO – Orders -Issued
GO Ms No.17
dt. 10.08.2004     NIZAM SUGARS LIMITED – Sanction of an amount of Rs.26,97,974/- as an interest bearing Loan @ 15% P.A. to Nizam Sugars Limited – Claim towards differential VRS benefits payable to 204 Officers consequent on enhancement of Dearness Allowance w.e.f. 1.7.2002 – Orders – Issued
GO Ms No.16
dt. 15.07.2004     Spinning Mills – Chilakaluripeta Cotton Growers Coop.Spg.Mills Ltd., Edlapadu, Guntur Dist. – Sanction of an amount of Rs.60,000/- as an interest bearing loan @ 15% per annum to the Chilakaluripeta Cotton Growers Coop.Spg.Mills Ltd., Edlapadu, Guntur Dist., towards payment of VRS benefits to its (2) Badli Employees – Orders – Issued
GO Ms No.15
dt. 06.07.2004     Chittoor District Co-operative Milk Producers Union Ltd., Chittoor (CDCMPU Ltd.) – Sanction of an amount of Rs.89,02,605/- as an interest bearing Loan @ 15% P.A. to CDCMPU Ltd. towards payment of VRS benefits to its (11) employees – Orders – Issued

Government Order 2004 – I

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GO Ms No.14
dt. 07.06.2004     Public Enterprises Department – Sanction of Rs. 27,62,715/- towards expenditure for Training Programmes to the VRS availed employees under Social Safety Net Programme during the first quarter ( from April, 2004 to June, 2004) during the year 2004-05 – orders – Issued
GO Ms No.13
dt. 01.06.2004     Chittoor District Co-operative Milk Producers Union Ltd., Chittoor (CDCMPU Ltd.) – Sanction of an amount of Rs.1,18,38,623/- as an interest bearing Loan @ 15% P.A. to CDCMPU Ltd. towards payment of VRS benefits to its (16) employees – Orders – Issued
GO Ms No.12
dt. 31.03.2004     Public Enterprises – Implementation of VRS to the employees of Chittoor District Coop. Milk Producers Union Ltd., Chittoor – Cancellation – Orders – Issued
GO Ms No.11
dt. 31.03.2004     Public Enterprises Department – Implementation of VRS to the employees of Chittoor District Co-operative Milk Producers Union Ltd., Chittoor (CDCMPU Ltd.) – Orders – Issued
GO Ms No.10
dt. 18.03.2004     A.P.State Irrigation Development Corporation – Sanction of an amount of Rs.11,07,803/- as an interest bearing loan @ 15% p.a. to A.P.State Irrigation Development Corporation towards payment of VRS benefits to 3 employees (2nd phase left over cases) of APSIDC Ltd., -orders-Issued
GO Ms No. 9
dt. 18.03.2004     A.P.State Irrigation Development Corporation – Sanction of an amount of Rs. 93,89,048/- as an interest bearing loan @ 15% p.a. to A.P.State Irrigation Development Corporation towards payment of VRS benefits to 24 surplus employees of APSIDC Ltd., -orders-Issued
GO Ms No. 8
dt. 15.03.2004     APSAIDC Ltd. – Sanction of Rs. 2,32,636/- as an interest bearing loan to APSAIDC towards differential VRS amount consequent on enhancement of D.A. w.e.f. 1.1.2003 to the 46 employees of VRS (4th phase) -Orders -Issued
GO Ms No. 7
dt. 15.03.2004     SERIFED – sanction of an amount of Rs. 28,96,571/- as an interest bearing loan @ 15% per annum to the Federation of Sericulturists & Silk Weavers’ Coop. Societies Ltd., (SERIFED) towards payment of Voluntary Retirement Scheme (VRS) benefits to (14) employees of Federation of Sericulturists & Silk Weavers’ Coop. Societies Ltd., -Orders -Issued
GO Ms No. 4
dt. 20.02.2004     RESCO – sanction of an amount of Rs. 27,61,699/- as an interest bearing loan @ 15% per annum to the Chipurupalli Rural Electric Coop. Society Ltd., Vizayanagaram towards payment of Voluntary Retirement Scheme (VRS) benefits to (06)employees of Chipurupalli Rural Electric Coop. Society Ltd., Vizayanagaram – Orders – Issued
GO Ms No. 3
dt. 03.02.2004     A.P.State Irrigation Development Corporation – Sanction of an amount of Rs.4,75.38,421/- as an interest bearing loan @ 15% p.a. to A.P.State Irrigation Development Corporation towards payment of VRS benefits 134 employees of APSIDC Ltd., – orders – Issued
GO Ms No. 2
dt. 30.01.2004     A.P. SPINFED – Sanction of an amount of Rs.1,18,894/- as an interest bearing Loan @ 15% P.A. to Nellore Co-operative Spinning Mills Limited, Nellore – Sri. B. Koteswara Rao, Office Manager of Nellore Co-operative Spinning Mills Limited towards payment of VRS difference amount – Orders – Issued
GO Ms No. 1 dt. 20.01.2004     A.P. State Irrigation Development Corporation – Sanction of an amount of Rs.5.84 Crores as an interest bearing loan @ 15% p.a. to A.P.State Irrigation Development Corporation towards payment of retrenchment compensation to 254 surplus employees under Staff Regulations / I.D. Act and meeting the amount from the Budget Provided under Externally Aided project- orders-issued

Government order 2003-II

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GO Ms No. 74 dt. 29.12.2003      Nizam Sugars Limited – Sanction of an amount of Rs.94,13,656/- as an interest bearing Loan @ 15% P.A. to Latchayyapet Sugar Unit employees of Nizam Sugars Limited, Latchayyapet towards payment of VRS claims to 85 employees – Orders – Issued
GO Ms No. 73 dt. 24.12.2003     GIRIJAN COOPERATIVE CORPORATION LIMITED – Sanction of Rs. 63,59,107/- as an interest bearing loan @ 15% p.a. to Girijana Cooperative Corporation Limited towards settlement of V.R.S. benefits to its (20) employees – Orders – Issued
GO Ms No. 72 dt. 17.12.2003     Public Enterprises Department – PSUs – Privatisation of The Palair Cooperative Sugars Ltd – Communication of value of Immovable Assets for execution of Sale Deeds in favour of Purchaser, Madhucon Sugars Ltd – Orders – Issued
GO Ms No. 71 dt. 11.11.2003     RESCO – sanction of an amount of Rs. 2,75,87,681/- as an interest bearing loan @ 15% per annum to the Anakapalli Rural Electric Coop. Society Ltd., Kasimkota towards payment of Voluntary Retirement Scheme (VRS) benefits to (39)employees of Anakapalli Rural Electric Coop. Society Ltd., Kasimkota -Orders -Issued
GO Ms No. 70 dt. 29.10.2003     PUBLIC ENTERPRISES – Scheme of Compassionate appointments to the dependants of deceased employees in the State Level Public Enterprises – Dispensing with the Scheme and Enhancement of Quantum of Ex-gratia – Exempting the A.P.,Transco/A.P.Genco/Discoms from the purview of the G.O.Ms.No.36,P.E.[III]Department dated 5-9-2001 – Orders – Issued
GO Ms No. 68 dt. 29.10.2003     Spinning Mills Ltd. – sanction of an amount of Rs. 2,98,077/- as an interest bearing loan @ 15% per annum to the Karimnagar Coop. Spinning Mill, Anthergaon towards payment of Differential amount of Voluntary Retirement Scheme (VRS) benefits to (8)employees of Watch and Ward Staff -Orders -Issued
GO Ms No. 67 dt. 28.10.2003     APSAIDC Ltd. -Sri B. Chakrapani, Regional Manager (AC) & Sri K. Krishnam Raju, Regional Manager of A.P State Agro Industries Dev. Corpn.,-Implementation of VRS-sanction of an amount of Rs. 4,89,123/-towards exgratia – Orders – Issued
GO Ms No. 65 dt. 16.10.2003     Nandyal Co-operative Sugars Limited, Nandyal – Sanction of an amount of Rs.71,553/- as an interest bearing loan @ 15% p.a. to Nandyal Co-operative Sugars Limited, Nandyal towards payment of VRS benefits to its one deceased employee – Orders – Issued
GO Ms No. 64 dt. 16.10.2003     Nizam Sugars Limited – Sanction of an amount of Rs. 3,98,707/- as an interest bearing Loan @ 15% P.A. to Nizam Sugars Limited, of Madhunagar Unit towards payment of VRS differencial claim to its 13 employees – Orders – Issued
GO Ms No. 63 dt. 16.10.2003     A.P. State Irrigation Development Corporation – Sanction of an amount of Rs.25,27,774/- as an interest bearing loan @ 15% p.a. to A.P.State Irrigation Development Corporation towards payment of VRS benefits (5th phase) to 6 employees of APSIDC Ltd., – orders -Issued
GO Ms No. 62 dt. 16.10.2003     APSAIDC Ltd. – Difference in Gratuity payable to123 employees already relieved on VRS (1st phase) – Sanction of an amount of Rs. 6,96,603/-as interest bearing loan @ 15%p.a. towards payment of difference in Gratuity – Orders – Issued
GO Ms No. 59 dt. 15.09.2003     PE – PSUS – Privatization of Nandyal Cooperative Sugars Limited, Nandyal, Kurnool District, Andhra Pradesh – Value of Immovable Property fixed at Rs. 352.35 lakhs for the purpose of registration of sale deed to be executed in favour of Sree Rayalseema Sugar & Energy Limited – Orders – issued
GO Ms No. 58 dt. 12.09.2003     Public Enterprises – Chittoor District Cooperative Milk Producers Union Ltd. – Implementation of Voluntary Retirement Scheme – Sanctioned of an amount of Rs. 63,342/- as an interest bearing Loan @ 15% P.A. to Chittoor District Co-operative Milk Producers Union Ltd., (CDCMPU Ltd.) Chittoor towards payment of difference of VRS to 5 employees of CDCMPU Ltd., – Amendment – Orders – Issued.
GO Ms No. 57 dt. 12.09.2003     Public Enterprises – Chittoor District Cooperative Milk Producers Union Ltd. – Implementation of Voluntary Retirement Scheme – Sanction of an amount of Rs. 28,52,473/- as an interest bearing Loan @ 15% P.A. to Chittoor District Co-operative Milk Producers Union Ltd., (CDCMPU Ltd.) Chittoor towards payment of deference of VRS to 422 employees of CDCMPU Ltd., – Orders – Issued
GO Ms No. 56 dt. 11.09.2003     Spinning Mills – Chirala Coop. spg. Mills Ltd., Chirala -Sanction of an amount of Rs.89,564/- as an interest bearing loan @ 15% per annum to the Chirala Coop. Spg. Mills Ltd., Chirala towards payment of differential amount of (VRS) benefits to its (2) employees – Orders – Issued
GO Ms No. 55 dt. 11.09.2003     Nandyal Co-operative Spinning Mills Limited, Nandyal – Sanction of an amount of Rs.11,22,892/- as an interest bearing loan @ 15% p.a. to Nandyal Co-operative Spinning Mills Limited, Nandyal towards payment of VRS benefits to its 29 employees – Orders – Issued.
GO Ms No. 53 dt. 06.09.2003     A.P.State Irrigation Development Corporation – Sanction of an amount of Rs.3,53,016/- as an interest bearing loan @ 15% p.a. to A.P.State Irrigation Development Corporation towards reimbursement of VRS amount paid to 3 employees of the Corporation (left over cases of 2nd & 3rd phase VRS) – Orders -Issued
GO Ms No. 52 dt. 30.08.2003     Nizam Sugars Limited – Sanction of an amount of Rs.30,32,982/- as an interest bearing Loan @ 15% P.A. to Latchayyapet Sugar Unit employees of Nizam Sugars Limited, Latchayyapet towards payment of VRS claims to 36 employees – Orders – Issued.
GO Ms No. 51 dt. 30.08.2003     A.P State Irrigation Development Corporation – Sanction of an amount of Rs.4.09,458/- as an interest bearing loan @ 15% p.a. to A.P State Irrigation Development Corporation towards payment of VRS benefits (3rd phase left over cases) to 2 employees of APSIDC Ltd., -orders-Issued
GO Ms No. 50 dt. 25.08.2003     Public Enterprises – Chittoor District Cooperative Milk Producers Union Ltd. – Implementation of Voluntary Retirement Scheme – Sanction of an amount of Rs. 63,342/- as an interest bearing Loan @ 15% P.A. to Chittoor District Co-operative Milk Producers Union Ltd., (CDCMPU Ltd.) Chittoor towards payment of difference of VRS to 5 employees of CDCMPU Ltd., – Orders – Issued.
GO Ms No. 49 dt. 16.08.2003     PE – PSUs – Privatisation of Madhunagar Sugar Mill – Value of Immovable Assets for execution of Sale Deeds in favour of Purchaser, Trident Sugars Ltd., – Orders – Issued
GO Ms No. 48
dt. 06.08.2003     AP OILFED -Sanction of an amount of Rs. 93,41,010/- as an interest bearing loan @ 15% per annum to Sri Krishnadevaraya Cooperative Oilseeds Growers Union Ltd., Piler towards payment of Voluntary Retirement Scheme (VRS) benefits to its (59) employees – Orders – Issued
GO Ms No. 47
dt. 06.08.2003     AP OILFED -Sanction of an amount of Rs. 1,47,92,515/- as an interest bearing loan @ 15% per annum to Sri Vijayavardhani Cooperative Oilseeds Growers Union Ltd., Gadwal towards payment of Voluntary Retirement Scheme (VRS) benefits to its (83) employees -Orders -Issued
GO Ms No. 46
dt. 06.08.2003     AP OILFED -Sanction of an amount of Rs. 57,83,916/- as an interest bearing loan @ 15% per annum to A.P. Cooperative Oi1seeds Growers Federation Ltd., (AP OILFED), Hyderabad towards payment of Voluntary Retirement Scheme (VRS) benefits to its (22) employees -Orders -Issued
GO Ms No. 45
dt. 04.08.2003     AP SPINFED – Sanction of an amount of Rs. 98,474/- as an interest bearing Loan @ 15% P.A. to Nellore Co-operative Spinning Mills Limited, Nellore – employees of Nellore Co-operative Spinning Mills Limited towards payment of VRS difference amount claim of (2) employees – Orders – Issued
GO Ms No. 44
dt. 25.07.2003     Karimnagar Cooperative Spinning Mills Ltd., Anthergaon – Sanction of an amount of Rs. 6,44,349/- as an interest bearing loan @ 15% per annum to the Karimnagar Cooperative Spinning Mills Ltd., Anthergaon towards payment of Voluntary Retirement Scheme (VRS) benefits to its (14) employees -Orders -Issued
GO Ms No. 43
dt. 16.07.2003     A.P. State Federation of Cooperative Spinning Mills Ltd. (SPINFED) – sanction of an amount of Rs. 1,69,277/- as an interest bearing loan @ 15% per annum to the Spinfed towards payment of Voluntary Retirement Scheme (VRS) benefits to (3) Common Cadre Employees and (One) differential amount of VRS claims -Orders -Issued
GO Ms No. 42
dt. 05.07.2003     Nizam Sugars Limited – Sanction of an amount of Rs. 1,22,81,916/- as an interest bearing loan @ 15% per annum to the Head Office and Medak Unit of Nizam Sugars Limited, towards payment of VRS claims to 112 employees (1 employee of Head Office and 111 employees of Medak Unit) – Orders – Issued
GO Ms No. 41
dt. 04.07.2003     Nizam Sugars Limited – Sanction of an amount of Rs. 64,66,866/- as an interest bearing loan @ 15% per annum to Nizam Sugars Limited, Madhunagar Unit, Zaheerabad towards payment of VRS claims to 41 employees – Orders – Issued
GO Ms No. 40
dt. 01.07.2003     APSAIDC Ltd. – Sanction of Rs.1,14,31,899/- as as interest bearing loan to APSAIDC towards payment of VRS benefits to its 46 emloyees – Orders – Issued

Government Order 2002- II

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GO Ms No. 26
dt. 16.07.2002     Nizam Sugars Limited – Sanction of an amount of Rs. 88,73,360/- as an interest bearing loan @ 15% per annum to Nizam Sugars Limited, Hyderabad towards payment of VRS differential amount of Ex-gratia to 500 employees – Orders – Issued
GO Ms No. 30
dt. 25.07.2002     Spinning Mills – Chilakaluripeta Cotton Growers Cooperative Spinning Mills, Chilakaluripeta – Sanction of an amount of Rs. 1,71,08,125/- as an interest bearing loan @ 15% per annum to Chilakaluripeta Cotton Growers Cooperative Spinning Mills towards payment of VRS benefits to its 537 employees – Orders – Issued
GO Ms No. 31
dt. 09.08.2002     Sugar Mills – Sri Hanuman Cooperative Sugars Limited, Hanuman Junction, Krishna District – Sanction of an amount of Rs. 1,35,19,262/- as an interest bearing loan @ 15% per annum towards payment of VRS benefits to its 87 employees – Amendment to GO – Orders – Issued
GO Ms No. 32
dt. 13.08.2002     Sugar Mills – Nandyal Cooperative Sugars Limited, Nandyal, Kurnool District – Sanction of an amount of Rs. 1,74,52,659/- as an interest bearing loan @ 15% per annum towards payment of VRS benefits to its 178 employees – Amendment to GO – Orders – Issued
GO Ms No. 33
dt. 13.08.2002     Sugar Mills – Nagarjuna Cooperative Sugars Limited, Gurajala, Guntur District – Sanction of an amount of Rs. 94,78,763/- as an interest bearing loan @ 15% per annum towards payment of VRS benefits to its 229 employees – Amendment to GO – Orders – Issued
GO Ms No. 38
dt. 04.10.2002     Voluntary Retirement Scheme (VRS) to the employees of PSUs / Cooperative Institutions and other State Undertakings – Consolidated Guidelines – Amendment – Issued
GO Ms No. 44
dt. 20.11.2002     P.E. – PSUs – Privatisation of Chagallu Distillery – Communication of value of Immovable Assets for execution of Sale Deeds in favour of Purchaser, The Jeypore Sugar Company Ltd
GO Ms No. 45
dt. 20.11.2002     P.E. – PSUs – Privatisation by way of sale of assets of Adilabad Cotton Growers Cooperative Spinning Mills Limited, Adilabad – Value of immovable property for the purpose of registration of sale deed to be executed in favour of the purchaser of the assets, Sree Astalaxmi Spinning Mills (Private) Limited – Orders – Issued
GO Ms No. 46
dt. 28.11.2002     AP. Spinfed – Sanction of an amount of Rs. 2,0l,737/- as an interest bearing loan at 15% per annum to the Spinfed towards payment of V.R.S. benefits to Sri G. Nageswara Rao, Accountant, Spinfed – Orders – Issued
GO Ms No. 47
dt. 28.11.2002     AP STATE FEDERATION OF COOPERATIVE SPINNING MILLS LIMITED (SPINFED) – Sanction of an amount of Rs. 4,77,666/- as an interest bearing loan @ 15% per annum to the Spinfed towards payment of Voluntary Retirement Scheme (VRS) benefits to (6) common cadre employees – Orders – Issued
GO Ms No. 48
dt. 28.11.2002     Karimnagar Cooperative Spinning Mills Limited, Anthergaon – Sanction of Rs. 2,31,000/- as an interest bearing loan @ 15% per annum to Karimnagar Cooperative Spinning Mills Limited, Anthergaon towards payment of ex-gratia to its 11 employees – Orders – Issued
GO Ms No. 49
dt. 23.12.2002     Public Enterprises – Implementation of VRS to the employees of Chittoor District Cooperative Milk Producers Union Limited, Chittoor (CDCMPU Limited) – Orders – Issued
GO Ms No. 50
dt. 31.12.2002     PE – PSUs – Privatisation of Sri Hanuman Cooperative Sugars Limited, Hanuman Junction – Communication of value of immovable assets for execution of sale deeds in favour of purchaser, the Delta Sugars Limited – Orders – Issued
GO Rt No. 100
dt. 18.10.2002     Public Enterprises – PSUs – Nizam Sugars Limited – Re-constitution of committee for the purpose of sale of farm lands of the Nizam Sugars Limited – Orders – Issued

Government Orders 2002 – I

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GO Ms No. 2
dt. 03.01.2002     AP State Agro Industries Development Corporation – Sanction of an amount of Rs. 2,20,26,592/- as an interest bearing loan @ 15% per annum to AP State Agro Industries Development Corporation towards payment of VRS (Phase III) benefits to 78 employees of the Corporation – Orders – Issued
GO Ms No. 7
dt. 30.01.2002     Spinning Mills – Chirala Cooperative Spinning Mills, Chirala – An amount of Rs. 5,85,93,802/- sanctioned as an interest bearing loan @ 15% to Chirala Cooperative Spinning Mills, towards payment of VRS benefits to its 468 employees – Amendment Orders – Issued
GO Ms No. 8
dt. 30.01.2002     Spinning Mills – Nellore Cooperative Spinning Mills, Nellore – An amount of Rs. 3,28,058/- sanctioned as an interest bearing loan @ 15% to Nellore Cooperative Spinning Mills, towards payment of VRS benefits to its (6) employees – Orders – Issued
GO Ms No. 9
dt. 31.01.2002     AP State Agro Industries Development Corporation Limited – Implementation of VRS to the employees of teh Corporation – Sanction of an amount of Rs. 47,89,061/- as an interest bearing loan towards payment of supplementary claim consequent on implementation of P.R.C. 1999 to the 63 employees of AP State Agro Industries Development Corporation Limited – Orders – Issued
GO Ms No. 10
dt. 01.03.2002     AP State Cooperative Consumer Federation – (FEDCON) – sanction of an amount of Rs. 2,09,05,220/- as an interest bearing loan @ 15% per annum to FEDCON towards payment of VRS benefits to its 61 employees – Orders – Issued
GO Ms No. 14
dt. 01.05.2002     Public Enterprise Reform – Implementation of VRS to employees in the course of Privatisation of PSUs as a result of which the management passes over to Private Management – Revised orders – Issued
GO Ms No. 15
dt. 04.05.2002     Andhra Pradesh State Irrigation Development Corporation Limited – Employees of defunct APSCC Limited in APSIDC Limited, retired under VRS – Supplemental VRS claim for the service rendered in APSCC Limited – Sanction of an amount of Rs. 1,76,212/- orders – Issued
GO Ms No. 16
dt. 06.05.2002     Andhra Pradesh Textile Development Corporation Limited – Implementation of VRS to the employees of the Corporation – Sanction of an amount of Rs. 42,14,085/- as an interest bearing loan towards payment of VRS benefits to 13 employees of the Corporation – orders – Issued
GO Ms No. 17
dt. 14.05.2002     Andhra Pradesh Meat Development Corporation Limited (APMDC) – Permission to the Collector, Chittoor to resume the Government land in Survey No. 261/1 with an extent of 6.12 acres, Survey No. 262/1 with an extent of 2.42 acres, Survey No. 266/1 with an extent of 13.73 acres for construction of integrated Collector’s Office complex for accommodating the Collector’s Office along with other Government Offices that are functioning in private buildings – Orders – Issued
GO Ms No. 18
dt. 17.05.2002     Andhra Pradesh Textile Development Corporation Limited – Implementation of VRS to the employees of the Corporation – An amount of Rs. 42,14,085/- as an interest bearing loan towards payment of VRS benefits to 13 employees of the Corporation – Amendment orders – Issued
GO Ms No. 19
dt. 04.06.2002     Andhra Pradesh State Agro Industries Development Corporation Limited – Implementation of VRS to Sri. A. Kanakaiah, Engineer APSAIDC Limited – Sanction of an amount of Rs. 4,86,173/- towards payment of VRS – Orders – Issued