‘PSUs must ensure capacity utilization’

SRINAGAR: To assess the functioning of various PSUs under the Administrative Control of Industries and Commerce Department, Financial Commissioner Monday visited several establishments of the PSUs including Government Silk Factory, Raj Bagh, Government Woollen Mills Bemina (JKI Units), Handloom Development Corporation Solina, Indian Institute of Carpet Technology Nowshera, UNDP Nowshera and Craft Development Institute (CDI) Nowshera here.
According to an official spokesperson, during the inspection of the manufacturing units, the Financial Commissioner observed that there was a tremendous scope to improve the functioning of the units to improve productivity and quality of products. He said that the PSUs can discharge their role efficiently only if they are financially self reliant and as such there was a need for professionalism and accountability in the functioning of PSUs to ensure optimum capacity utilization and productivity.
The Financial Commissioner reviewed the initiatives that have been taken to upgrade the infrastructure and the subsequent success achieved.
Regarding Silk Factory Raj Bagh and Woollen Mills Bemina, the Financial Commissioner was informed by the Managing Director JKI that composite Detailed Project Reports have been prepared for funding under ASIDE Scheme of government of India which envisage production of 5 lakh meters of Silken Fabric and 3 lakh meters of woolen fabrics, enabling the units to be self reliant.
While as about Handloom Development Corporation, the Financial Commissioner was apprised that in terms of infrastructure development the Corporation has commenced upgrading the processing facilities at UNDP Nowshera and modus operandi for operationalizing the Spinning Plant at Solina is underway.
The representatives of the employees of Raj Bagh Silk Factory and Bemina Woollen Mills assured the Financial Commissioner that JKI shall be provided financial assistance for modernization of plant facilities and with assured sale of products by government agencies and departments, the Woollen Mills and Silk Factory will be able to become self reliant to generate resources and to become profitable industry.
During his visit to Indian Institute of Carpet Technology (IICT), the Financial Commissioner inspected various sections of the Institute and interacted with carpet artisans of Srinagar district undergoing two months skill up-gradation and Capacity Building course. He also interacted with the students of one year Diploma in Carpet Technology and Entrepreneurship Development being offered by the institute under Integrated Skill Development Scheme (ISDS).
The Financial Commissioner appreciated the work of the Institute and expressed the hope that its efforts and initiatives will go a long way in reviving and boosting the centuries old carpet industry of the state. The students of year course of Master in Craft Management and Entrepreneurship (MCME) also interacted with the visiting dignitary.
The members of Tahafuz Society called on the Financial Commissioner and apprised him about the activities being pursued by them. He assured them that their genuine issues and problems would be looked into in the larger interest of Pashmina Shawls industry.
While concluding the visit and his interaction with the officers of concerned departments, the Financial Commissioner assured that all possible steps would be taken for improving the functioning of PSUs and urged for spot assessment visits to be conducted at ground level for perusal of the progress of the initiatives aimed at bringing about overall improvement in the Industrial Sector.
Among others, Managing Director JKI, Managing Director JKCL, Managing Director Handicrafts (S&E), Director IICT, Deputy General Manager HDC and other officials of various PSUs accompanied.