Modi government made Alcock run into loss
Gujarat Global News Network, Gandhinagar
Leader of Opposition in the State Assembly Shaktisinh Gohil today said that Gujarat government was making Bhavnagar based company Alcock Ashdown Ltd run into loss just to clear ground for the sale of the company to an industrialist.
He said that due to this the company has not completed the work of a contract of Rs 698.91 crore in time. Consequently, the company has to pay for the delay which means loss of millions of rupees.
The company had the work of building six survey vessels for Indian Navy at a cost of Rs 659.03 crore. In addition to this there was work of modification of Rs 32.97 crore and project management assignment of Rs 6.60 crore.
As per the contract the first vessel was to be delivered by April 6, 2009 and the remaining vessels in a period of July 6,2009 to July 6, 2010. Since the company pleaded financial crisis, the centre provided advance of Rs 257.15 crore. Gohil pointed out that the advance was given as an exception as Congress had pleaded for help for the company on the financial ground.
With this financial help, the company could have easily made money through this contract. But the Chief Minister had other plans. He wants to give away the company to an industrialist friends and for the purpose, he is driving it towards loss.
Gohil said that it was unfortunate that Modi had the policy of taking away the precious land of the state from the people and giving it to a few industrialists in the name of development.
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