• About us
  • Contact us
  • Our team
  • Terms of Service
Saturday, February 21, 2026
Kashmir Images - Latest News Update
Epaper
  • TOP NEWS
  • CITY & TOWNS
  • LOCAL
  • BUSINESS
  • NATION
  • WORLD
  • SPORTS
  • OPINION
    • EDITORIAL
    • ON HERITAGE
    • CREATIVE BEATS
    • INTERALIA
    • WIDE ANGLE
    • OTHER VIEW
    • ART SPACE
  • Photo Gallery
  • CARTOON
  • EPAPER
No Result
View All Result
Kashmir Images - Latest News Update
No Result
View All Result
Home BUSINESS

  K K Sharma chairs 94th BoD meet

KI News by KI News
July 5, 2019
in BUSINESS
A A
0
   K K Sharma chairs 94th BoD meet
FacebookTwitterWhatsapp

SRINAGAR, JULY 04: Advisor to Governor, K K Sharma today called for taking necessary corrective measures to improve the financial health of the Corporation.

Chairing 94th Board of Directors Meeting of JKPCC here today, the Advisor called for a special audit of the Corporation accounts by the Finance Department to pinpoint the lapses if any.

More News

India joins US-led ‘Pax Silica’ alliance to bolster AI and critical minerals supply chains

India-US interim trade pact likely to be operationalised in April: Goyal

AI can lift global growth, help India achieve Viksit Bharat goal, but poses high risk to jobs: IMF chief

Load More

Financial Commissioner Finance Arun Kumar Mehta, Commissioner Secretary R&B Khurshid Ahmad Shah, Development Commissioner Works, Chief Engineers Jammu, Kashmir and other senior officers were present in the meeting.

The Advisor said that the JKPCC being one of the premier project executing agencies of the State should ensure that it always maintains transparency at all levels and works should be allotted through proper bidding and e-tendering system.

The Advisor asked JKPCC authorities to strike a judicious balance between the income and expenditure and take necessary corrective measures for minimizing the administrative expenses and increasing income. He said instead of only looking towards the State Government for contracts, the Corporation must join various competitive biddings for expanding the ambit of its functioning.

Underlining the need for ensuring the usage of quality material in the works, the Advisor said the quality of works and timely completion of projects should be the benchmark of the Corporation. He said the delay in completion of works is putting an unnecessary financial burden on the exchequer of the Corporation and called for arresting this tendency.

He asked JKPCC authorities to procure the material, including cement and steel, through a proper tendering system to improve the financial health of the Corporation.

The Advisor directed the JKPCC Managing Director to ensure that payment to contractors is made as per approved project cost and availability of funds for a particular work. He said that all the projects, undertaken by the Corporation should be cleared by Contract Committees, constituted at State and divisional levels, to weigh the financial viability of the project before entering into the contract.

The Managing Director was asked to get recruitment rules of the Corporation framed early to address the grievances of the employees.

Earlier, the Managing Director P Raju gave a detailed resume of the functioning of the Corporation.

Meanwhile, Advisor Sharma also held a meeting regarding the introduction of e-buses in the State under an initiative of government of India, which would go a long way in addressing the environmental concerns, besides, providing additional transportation facilities to the commuters of the State.

The meeting was attended by Principal Secretary Housing and Urban Development Dheeraj Gupta, Principal Secretary Transport Dr. Asghar Hassan Samoon, Chief Executive Officer Mass Rapid Transit Systems, seniors officers of NTPC.

Speaking on the occasion, the Advisor said the purpose of the introduction of e-buses is to ensure an efficient well-integrated and multi-modal public transport system to enhance and provide a hassle free mobility in the cities, while simultaneously addressing the environmental concerns.

The meeting was told that the proposed e-buses to be introduced under the central government initiative by NTPC would be in addition to the already procured ones by the Jammu Kashmir State Road Corporation and would augment those.

Previous Post

UVPPF demands clearance of SRO 43 cases

Next Post

JKCA CEO, SC appointed committee of administrators visit Madr-A-Meharban stadium in Ganderbal

KI News

KI News

Kashmir Images is an English language daily newspaper published from Srinagar (J&K), India. The newspaper is one of the largest circulated English dailies of Kashmir and its hard copies reach every nook and corner of Kashmir Valley besides Jammu and Ladakh region.

Related Posts

India joins US-led ‘Pax Silica’ alliance to bolster AI and critical minerals supply chains

Defence deals boost India-US ties, new era in relations, say experts
February 20, 2026

New Delhi:  India on Friday joined the US-led strategic alliance called 'Pax Silica' that aims to build a resilient supply...

Read moreDetails

India-US interim trade pact likely to be operationalised in April: Goyal

Government e Marketplace: What a GeM!
February 20, 2026

New Delhi:  An interim trade agreement between India and the US is likely to be signed in March and operationalised...

Read moreDetails

AI can lift global growth, help India achieve Viksit Bharat goal, but poses high risk to jobs: IMF chief

February 20, 2026

New Delhi:  IMF Managing Director Kristalina Georgieva on Friday said artificial intelligence could lift global growth by 0.8 per cent...

Read moreDetails

PM Modi, Abu Dhabi Crown Prince commend two-way investment flows

PM Modi, Abu Dhabi Crown Prince commend two-way investment flows
February 19, 2026

New Delhi: Prime Minister Narendra Modi and the Crown Prince of Abu Dhabi, Sheikh Khaled bin Mohamed bin Zayed Al...

Read moreDetails

PM’s speech translated real time in sign language through AI technology at AI Summit

Take part in ‘Your Money, Your Right’ movement: PM Modi
February 19, 2026

New Delhi:  India's strides in artificial intelligence were showcased during Prime Minister Narendra Modi's speech at the AI Impact Summit...

Read moreDetails

Allocations for women and children up by 11.55% in Budget: Govt

Allocations for women and children up by 11.55% in Budget: Govt
February 19, 2026

New Delhi:  Allocation for women and girls under various schemes has increased by 11.55 per cent to Rs 5.01 lakh...

Read moreDetails
Next Post
JKCA CEO, SC appointed committee of administrators visit Madr-A-Meharban stadium in Ganderbal

JKCA CEO, SC appointed committee of administrators visit Madr-A-Meharban stadium in Ganderbal

  • About us
  • Contact us
  • Our team
  • Terms of Service
E-Mailus: kashmirimages123@gmail.com

© 2025 Kashmir Images - Designed by GITS.

No Result
View All Result
  • TOP NEWS
  • CITY & TOWNS
  • LOCAL
  • BUSINESS
  • NATION
  • WORLD
  • SPORTS
  • OPINION
    • EDITORIAL
    • ON HERITAGE
    • CREATIVE BEATS
    • INTERALIA
    • WIDE ANGLE
    • OTHER VIEW
    • ART SPACE
  • Photo Gallery
  • CARTOON
  • EPAPER

© 2025 Kashmir Images - Designed by GITS.