The Cabinet Committee on Economic Affairs, chaired by the Prime Minister Shri Narendra Modi, today approved the proposal for providing non-plan budgetary support of Rs. 287.67 crore for liquidation of statutory dues (Provident Fund, Gratuity, Pension, Employees State Insurance and Bonus) and salary and wages from 01-09-2013 to 31-03-2014 for eleven Central Public Sector Enterprises (CPSEs) under the Department of Heavy Industry. These are:

i. Hindustan Cables Ltd.,

ii. HMT Machine Tools Ltd.,

iii. HMT (Watches) Ltd.,

iv. HMT (Chinar Watches) Ltd.,

v. Nagaland Pulp and Paper Co. Ltd.,

vi. Triveni Structural Ltd.,

vii. Tungbhadra Steel Products Ltd.,

viii. Nepa Ltd.,

ix. HMT Bearings Ltd.

x. Hindustan Photo Films Limited

xi. Heavy Engineering Corporation Ltd.

Payment of outstanding dues of salary and wages would mitigate the hardships of the employees. The payment would also motivate them for giving better output and prepare them to achieve the goal of revival/re-structuring of these companies. In addition, clearance of outstanding statutory dues would result in fulfilment of statutory obligations.

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Prime Minister shares Sanskrit Subhashitam highlighting complete devotion in the service of nation and humanity
February 11, 2026

The Prime Minister, Shri Narendra Modi, shared a Sanskrit Subhashitam highlighting complete devotion in the service of nation and humanity.

"यस्येमे हिमवन्तो महित्वा यस्य समुद्रं रसया सहाहुः।

यस्येमाः प्रदिशो यस्य बाहू कस्मै देवाय हविषा विधेम॥"

The Subhashitam conveys, "To the nation, whose greatness is sung by the Himalayas, whose glory flows with the rivers to the ocean, and to whom the directions bow like mighty arms, we offer our entire being in dedication."

Shri Modi stated that the pioneer of Antyodaya, Pandit Deendayal Upadhyaya, also dedicated his life with this very spirit to empower every individual in the country.

The Prime Minister wrote on X;

“सर्वस्व समर्पण उस चेतना की अभिव्यक्ति है, जिसमें राष्ट्र और मानवता सर्वोपरि होती है। अंत्योदय के प्रणेता पंडित दीनदयाल उपाध्याय जी ने भी इसी भावना से देश के जन-जन को सशक्त बनाने के लिए अपना जीवन समर्पित कर दिया।

यस्येमे हिमवन्तो महित्वा यस्य समुद्रं रसया सहाहुः।

यस्येमाः प्रदिशो यस्य बाहू कस्मै देवाय हविषा विधेम॥"