Meghalaya: Cabinet clears closure of state-owned MCCL cement plant

Shillong, Oct 13 (UNI) The Meghalaya Cabinet today approved the closure and winding up of Mawmluh Cherra Cement Limited (MCCL) following years of unsuccessful efforts to revive the state-owned cement plant. This decision was arrived after the government settled the dues of MCCL employees under its commitment to provide financial relief to the workforce. To complete the winding-up process, Chief Minister Conrad Sangma said the Cabinet has also approved the write-off of pending liabilities, including approximately Rs. 8.9 Crore in sales tax dues and Rs. 15.53 Crore in royalty dues. As part of the closure process, the government disbursed Rs.…