'JK Minerals registers highest ever gypsum sale'

Greater Kashmir

Jammu, Mar 12: The functioning of the J&K Minerals Ltd was reviewed at its Board of Director’s meeting here Saturday.
The Minister for Industries and Commerce, Nawang Rigzin Jora who is also the Chairman of the Corporation chaired the meeting.
The Minister exhorted for having resource mapping for all kind of minerals so as to ensure its proper exploitation.
Jora desired that the Corporation should pursue for setting up of value addition units and plants in such areas where huge gypsum and other mineral wealth is available.
After reviewing the performances of the Corporation, the Board complimented the management for consistently doing well in all fields of operations and desired that works at Parlanka Gypsum Project should be taken in hand after clearance of the State Cabinet.
It was stated in the meeting that the Corporation has sold Gypsum worth Rs.225.00 lakhs during the current financial year till date, which it was maintained, stood highest every sale registered by the Corporation so far.
While giving detail resume of the activities of Corporation, the Managing Director of the Corporation A.K. Khullar informed the Board that the matter has been taken up with Mineral Exploration Corporation of India ltd. (MECL) for undertaking resource mapping in district Rajouri and Kashmir Valley. This would help to have the decision for capital investment for economical and commercial exploitation of the state’s mineral wealth. In this backdrop, the Board desired that the Corporation should approach Union Ministry of Mines and Coal for funding for resource mapping for which State Government will also contribute 25 per cent of the expenditure.
The Board also desired that its Sub-Committee’s meeting should be held before ending this month for revamping of overall organizational structure and other relevant matters and submit its recommendations to Board for further measures.
During the meeting, the Board suggested various constructive measures to streamline the Corporation, the Managing Director expressed hope that the Corporation will achieve sale turnover of Rs.10 crore by ending this financial year.
The meeting was attended by the Principal Secretary Industries and Commerce S.S. Kapur, Commissioner/Secretary Finance B.B. Vyas, Spl. Secretary Planning Development Department s. Roma Wani, Special Secretary Industries & Commerce Altaf Hussain Andrabi, Director, Geology and Mining, Anayatullah Khan and Abid Suhail Secretary to Board.