3 weeks ago

Over 36,000 industrial units shut in Maharashtra in five years

Over 36,000 industrial units shut in Maharashtra in five years
Over 6,000 industrial units in Pune shuttered in last five years: Union Ministry · indianexpress.com

Many factories and businesses in a big Indian state called Maharashtra have closed down.

In the last five years, more than 36,211 industrial units shut their doors.

Most of these were in Mumbai city, the biggest city in the state.

Pune and Thane also had many factories close.

A government member named Rajabhau Waje asked the government for these numbers.

He wanted to help workers who lost their jobs.

The government said it does not keep track of how many workers were affected.

Workers may not have received money they are owed, like their savings funds or wages.

The government's companies department says there are laws to deal with closed companies.

These laws say workers should be paid before other people get money from a closed company.

Key facts

Pune industrial closures (5 years)
6,433
Mumbai City industrial closures (5 years)
12,009
Thane industrial closures (5 years)
4,704
Maharashtra total closures (5 years)
36,211
Time period
Last five years
MP who sought data
Rajabhau Waje (Shiv Sena UBT, Nashik)
Responding authority
Ministry of Corporate Affairs, Government of India
Relevant laws cited
Companies Act, 2013; Insolvency and Bankruptcy Code, 2016

Quotes

Rajabhau Waje

MP from Nashik Lok Sabha constituency

“At the same time, I had sought details of whether the government is aware that a majority of displaced employees have received neither rehabilitation nor statutory dues, and the steps taken to ensure payment of Provident Fund, gratuity and pending wages.”
indianexpress.com
“The Ministry said such information is not maintained by this Ministry.”
indianexpress.com

Sources

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