Advisor to Governor KK Sharma Thursday called for taking necessary corrective measures to improve financial health of the J&K Projects Construction Corporation (JKPCC).
Chairing 94th Board of Directors Meeting of JKPCC here, theAdvisor called for a special audit of the Corporation accounts by the FinanceDepartment to pinpoint the lapses if any.
Financial Commissioner Finance Arun Kumar Mehta,Commissioner Secretary R&B Khurshid Ahmad Shah, Development CommissionerWorks, Chief Engineers Jammu, Kashmir and other senior officers were present inthe meeting.
The Advisor said that the JKPCC being one of the premierproject executing agencies of the State should ensure that it always maintainstransparency at all levels and works should be allotted through proper biddingand e-tendering system.
The Advisor asked JKPCC authorities to strike a judiciousbalance between income and expenditure and take necessary corrective measuresfor minimizing the administrative expenses and increasing income.
Underlining the need for ensuring the usage of qualitymaterial in the works, the Advisor said quality of works and timely completionof projects should be the benchmark of the Corporation.
He said the delay in completion of works was putting anunnecessary financial burden on the exchequer of the Corporation and called forarresting this tendency.
He asked JKPCC authorities to procure the material,including cement and steel, through a proper tendering system to improve thefinancial health of the Corporation.
Meanwhile, Advisor Sharma also held a meeting regardingintroduction of e-buses in the State under an initiative of government ofIndia.
The meeting was told that the proposed e-buses to beintroduced under central government initiative by NTPC would be in addition toalready procured ones by Jammu Kashmir State Road Corporation.