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Cabinet approves decision to shut down Handicrafts and Handlooms Export Corporation March 16, 2021 × The Union Cabinet on Tuesday approved the closure of Handicrafts and Handlooms Export Corporation of India Ltd (HHEC). The corporation, which is a Government of India undertaking, is under the administrative control of the Ministry of Textiles. An official statement said the decision will help in reducing recurring expenditure on wages of sick CPSE which is not in operation and earning no income. “There are 59 permanent employees and 6 management trainees serving in the Corporation. All the permanent employees and management trainees will be given an opportunity to avail the benefits of a Voluntary Retirement Scheme (VRS) as per norms laid down by the Department of Public Enterprises,” an official statement added.

Ministry of textilesDepartment of public enterprisesHandlooms export corporation of india ltdUnion cabinet onUnion cabinetHandlooms export corporationIndia ltdVoluntary retirement schemePublic enterprisesஅமைச்சகம் ஆஃப் ஜவுளிதுறை ஆஃப் பொது நிறுவனங்கள்கைத்தறி ஏற்றுமதி நிறுவனம் ஆஃப் இந்தியா லிமிடெட்தொழிற்சங்கம் மந்திரி சபை ஆன்தொழிற்சங்கம் மந்திரி சபைகைத்தறி ஏற்றுமதி நிறுவனம்இந்தியா லிமிடெட்