Sep 27: Advisor to Governor, K Skandan,
Fridaychaired Board of Directors (BoD) meetings of J&K State Industrial
Development Corporation Limited (SIDCO), J&K Minerals Limited, J&K
Cements Limited and JK Handicrafts here.
The meetings were attended by Finance
Commissioner Finance, AK Mehta, Principal Secretary Industries and Commerce,
Naveen Kumar Choudhary, MD SIDCO, MD JKML, MD JKCL, MD JKHC, Director
Industries Kashmir, Director Industries Jammu and other concerned.
The concerned officers informed the
meetings about the status of the functioning of their respective Corporations.
During the meeting, the Advisor while
discussing the Action Taken Reports and agendas directed the concerned to
complete annual audit reports at the earliest, besides compilation of profit
and loss data.
He also suggested restructuring of some
Corporations for better utilization of human resources.
At SIDCO BoD meeting, the Advisor directed
the MD to constitute a three member committee to review infrastructure
requirements of Industrial Estates in J&K.
The meeting was informed that the
Corporation has developed 13 Industrial Estates comprising a total land bank of
26352 kanals, where 2755 units have been established.
It was given out that during the financial
year 2018-19, several projects have been completed at a project cost of Rs
14,311.76 lakh while the Corporation has earmarked/allotted 877 kanals of land.
In another BoD meeting of JKML, the Advisor
was informed that the Corporation has taken safety as priority for Mines
Managers/ concerned officers. On regular basis officials are deputed to attend
the safety training programmes / workshops to keep them abreast with latest
developments in safety procedures and practices, he was told.
It was said that the Corporation has
taken-up the matter of training of Mine Managers with Director General Mines
The BoD meeting was also informed the
Production of Gypsum has increased from targeted production of 10,000 MTS to
20,000 MTS per month and has further increased to 27,000 MTS per month in the
first quarter of 2019-20. With regard to extraction from Lime Stone Quarry (LSQ)
Khrew Pulwama, it was given out that once production starts it is expected to
generate additional revenue of Rs 70 lakh per month.
Similarly in 101st BoD meeting of JKCL, the
Advisor was informed that an amount of Rs 18.88 crore has been approved against
300 TPD Clinker grinding cum Packing unit at Samba and Rs 4 crore for
construction of office complex at Panderathen under languishing projects.
Later, the Advisor chaired 124th BoD
meeting of J&K Handicrafts (Sales & Export) Corporation Limited (JKHC).
The meeting was told that the Corporation
is in process to renovate and remodel its other branches which have been
approved under Project ‘TAMIER’ for which administrative approval has been
received for an amount of Rs 468.99 lakh. The full amount has been placed at
the disposal of M/S SICOP being agency for the up-gradation, the meeting was