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Restructuring Phase - II
Based on the experiences of Phase-I, another 28 PSEs and the State Power Sector have been taken up for Phase-II restructuring
Uptil now, GOWB has decided to transform the following 8 units to Joint Ventures:-
1. W.B. Film Development Corporation Ltd.
2. State Dairy, Burdwan
3. Kalyani Spinning Mills Ltd.
4. West Dinajpur Spinning Mills Ltd.
5. West Bengal Co-operative Spinning Mills Ltd.
6. West Bengal Handicrafts Development Corporation Ltd. (MANJUSHA)
7. Blood Bag unit of Electro-Medical & Allied Industries Ltd.
8. State Dairy, Durgapur


Of them Expressions of Interest have been invited through advertisement for JV Transformation of the first seven (7) units and Qualified Interested Parties already selected. Rest of the process is on.
14 PSEs will be restructured under Government ownership :-
1. W.B. Mineral Development. & Trading Corporation Ltd.
2. West Bengal Pharmaceutical & Phytochemical Development Corporation Ltd.
3. The Infusions (India) Ltd.
4. Mother Dairy, Kolkata
5. Central Dairy, Belgachia
6. Haringhata Dairy, Nadia
7. West Bengal Dairy & Poultry Development Corporation Ltd.
8. West Bengal State Warehousing Corporation
9. Electro-Medical & Allied Industries Ltd. (other than Blood Bag unit)
10. West Bengal Small Industries Development Corporation Ltd.
11. West Bengal State Handloom Weavers’ Co-operative Society Ltd. (TANTUJA)
12. West Bengal Tourism Development Corporation Ltd.
13. West Bengal State Minor Irrigation Corporation Ltd.
14. West Bengal Agro-Industries Corporation Ltd.


Operations of West Bengal Projects Ltd. have been closed by giving ERS to all the 115 employees. Social Security Schemes have also begun for the retired employees / their nominees.

For the remaining, decisions are in the pipe line.
Business Optimization Studies are being conducted by selected consultants for all the 14 retained units.

5 Reports have been finalized and implementation has begun.
9 Reports are at different stages of finalization.
State Power Sector restructuring ongoing, capacity building on a huge scale to be taken up.
DFID has approved a total grant of Rs. 184 Crore for this project. The 1st instalment released.
Follows pattern of Phase-I in design but greater emphasis on capacity building and skill development for both closed units and retained units.
Attempt to match the skill requirements with actual demand from industry
 
 
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