Advisor Sharma chairs BOD meetings of JKCL, SIDCO

Advisor to the Lt Governor, K K Sharma today directed for making the Public Sector Units (PSUs) of Jammu and Kashmir more vibrant and financially viable so that they can effectively contribute to the economy, besides creating the much-needed employment opportunities.

The Advisor was speaking while chairing the  Board of Directors (BoD) meeting of JKCements Limited (JKCL) and  J&KIndustrial Development Corporation Ltd.

   

The Advisor said the government is working on a mechanism toensure that the JK Cements which was once one of the premier public sectorenterprise would regain its glory.

The Advisor directed JKCL to venture out in the open marketfor selling its quality cement brand to private institutions and constructionhouses, so that the dependency on government sales is reduced. It was decidedthat the languishing projects of JKCL shall also be considered for release ofadequate funding so that the projects are run optimally for its enhancement.

Advisor Sharma also directed for framing a comprehensivemechanism to effectively promote Small, Medium and Large scale industrialsector in the Union Territory so that entrepreneurs are given the requisiteecosystem and effective implementation of various schemes is also ensured alongwith employment generation in UT.

He directed for immediate completion of 16 no of CETPsacross all the  industrial areas toaddress the environmental concerns of the areas. He said that the requisitefunds  to the tune of Rs. 132 Cr  for the purpose have been already allottedand the work should also be fast paced on other infrastructure related issuesacross all industrial estates in the UT.

“Amnesty would also be considered to those who start theirunits at the earliest,” he added.

While highlighting the need for establishing five new industrial estates in Bandipora,Baramulla, Ganderbal, Samba, Udhampur etc, in the newly created UT, the Advisorsaid that it  would eventually help ingenerating employment opportunities in the region and providing suitable landto all investors.

The meeting also discussed the major projects beingimplemented by the Corporation which include National Institute of FashionTechnology coming up with an estimated cost of Rs 237.05 crore at SIDCOIndustrial Complex Ompora, Budgam, IT Tower Building at Rangreth, upgradationof industrial infrastructure IGC Lassipora, Pulwama under MSE-CDP Scheme ofGovernment of India, Construction of Mineral Check Posts for Geology and MiningDepartment and status of soft loan disbursement and other issues.

Leave a Reply

Your email address will not be published. Required fields are marked *

4 + ten =