JAMMU, MARCH 19: Advisor to Lieutenant Governor KK Sharma today directed for framing a comprehensive mechanism to effectively promote Small, Medium and Large scale industrial sector in the Union Territory so that entrepreneurs are given the requisite ecosystem and effective implementation of various schemes is also ensured along with employment generation in UT.
The Advisor was speaking at 139th Board of Directors (BoD) meeting of J&K Industrial Development Corporation Ltd (JK SIDCO). He asked the Corporation for coming up with a prospective vision besides an effective strategy so that it becomes more vibrant and effective in tune with the modern trends and mechanisms.
Financial Commissioner, Finance, Arun Kumar Mehta; Commissioner/ Secretary, Industries and Commerce, Manoj Kumar Dwivedi; MD SIDCO, Ravinder Kumar; Directors of Industries, Jammu/Kashmir , Anoo Malhotra, Mahmood Ahmad Shah, Director General Planning, Sahibzada Bilal and other senior officers of SIDCO were present.
Advisor Sharma directed for immediate completion of 16 no of CETPs across all the industrial areas to address the environmental concerns of the areas. He said that the requisite funds to the tune of Rs. 132 Cr for the purpose have been already allotted and the work should also be fast paced on other infrastructure related issues across all industrial estates in the UT.
The Advisor while taking a serious notice of those entrepreneurs who have been allotted the plots and are yet to start their units maintained that they should be identified so that these can be allotted to new prospective and upcoming entrepreneurs. “Amnesty would also be considered to those who start their units 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 Advisor said that it would eventually help in generating employment opportunities in the region and providing suitable land to all investors.
Calling for maintaining transparency and efficiency in the working of the Corporation, the Advisor said that the Corporation should effectively discharge the mandate given to it so that the industrial scenario in the region is catalyzed. He said strict action would be taken against the erring officials who are involved in malpractices and deadwood also be identified. The Advisor complimented SIDCO for the good work and exhorted the officers to continue with their effort in a time bound and transparent manner.
The Financial Commissioner, Finance, A.K Mehta informed that Government of India has earmarked Rs. 100 Cr. for Industrial development of UT of J&K and advised SIDCO to explore the schemes for expeditious development of Industrial Sector on modern lines.
The Commissioner/Secretary Industries & Commerce, M.K Dwivedi highlighted the vision of the Corporation and informed the Board that SIDCO is progressing towards achieving ISO: 14002 and ISO 9001 certification, shall be implementing e-office in 6 months time, switching to computerized accounting system from April 2020, while as all the offices and Estate are being put under CCTVs for effective monitoring and enhance security.
At the onset, MD SIDCO, Ravinder Kumar, presented Board agenda and informed that at present there are 11 industrial complexes, with 26,731 kanals of land, 2,736 units, and employment generation of 60,236.
The meeting was told that the Corporation has registered net profit to a tune of Rs 52.93 Lac for the year 2019-20 while as the audit reports for 2015-16, 2016-17 and 2017-18 were accepted by the Board, which were pending since many years. The Board appreciated efforts of accounts team for completion of accounts on priority.
The meeting also discussed the major projects being implemented by the Corporation which include National Institute of Fashion Technology coming up with an estimated cost of Rs 237.05 crore at SIDCO Industrial Complex Ompora, Budgam, IT Tower Building at Rangreth, upgradation of industrial infrastructure IGC Lassipora, Pulwama under MSE-CDP Scheme of Government of India, Construction of Mineral Check Posts for Geology and Mining Department and status of soft loan disbursement and other issues.
…Chairs 102nd BOD meeting of JKCL
JAMMU, MARCH 19: 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 102nd Board of Directors (BoD) meeting of JK Cements Limited (JKCL).
Financial Commissioner Finance Arun Mehta, Commissioner Secretary Industries MK Dwivedi, Secretary PDD M Raju, Director General Planning Sahibzada Bilal, Director Geology and Mining Vikas Sharma, Managing Director JK Cements, I H Drabu and other senior officers were present in the meeting.
The Advisor said that making PSUs more vibrant and financially viable is imperative for their sustenance. He said that bottlenecks if any in the smooth functioning of these PSUs should be eradicated by adopting new technological interventions and scientific methods.
The Advisor while discussing the issues being faced by the JKCL and the proposed revival plan said that the Government is working on a mechanism to ensure that the JK Cements which was once one of the premier public sector enterprise would regain its glory. He said that the necessary interventions in this regard would be undertaken and a team of experts would also work for improving its working so that it becomes a premier revenue-generating body.
The Advisor said that the officials working at different levels should work in complete synergy for increasing the produce and profitability of the cement plants both at Khrew and Samba.
The Advisor directed JKCL to venture out in the open market for selling its quality cement brand to private institutions and construction houses, so that the dependency on government sales is reduced.
It was decided that the languishing projects of JKCL shall also be considered for release of adequate funding so that the projects are run optimally for its enhancement.
The Advisor directed the officers of JKCL to come up with a prospective and holistic plan to ensure better utilisation of human resource besides ensuring diversification of activities and better marketing of the cement produce at local and national level.
He said that the PSUs should come up with proposals that should in clear terms specify how they are going to finance their future activities. The meeting also discussed several other issues related to Human Resources.
