Report on KSIC to be ready by month-end

BANGALORE, July 22: The Cabinet sub-committee report on the functioning of the loss-making Karnataka Silk Industries Corporation will be su...

• July 24, 1997 12:00 AM IST
1 min read

BANGALORE, July 22: The Cabinet sub-committee report on the functioning of the loss-making Karnataka Silk Industries Corporation will be submitted to the State government, by the end of July. According to Varade Gowda, minister for sericulture, the corporation had accumalated a loss of Rs 35 crore. Also, it was becoming increasingly difficult to pay salaries for the nearly 3000 employees of the corporation.

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