Agreement Between Government of Kerala and HPC
The Government of Kerala, in pursuance of its policy of industrial development of the State, readily expressed its willingness to promote and encourage the establishment of the Newsprint Factory Project in Kerala and granted various concessions, rights, privileges and benefits to HPC as incorporated in the agreement dated 7 October 1974 between the Government of Kerala and HPC. The concessions, rights, benefits, etc. included among other things, adequate and sustained supply of various forest raw materials to the Newsprint Project from the State Government’s forest resources.
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