JKI Board of Directors Meet

JKI Board of Directors Meet

SRINAGAR: The government has involved top consultants in preparation of project reports for upgradation and revival of the prominent units of JK industries(JKI) Limited  involving Rs. 60.91 crores.
This was disclosed in 150th Board of Directors meeting held on Saturday by Minister of State for Industries and Commerce,  Sajjad Ahmad Kichloo, who stressed upon the need for prioritizing the Industrial Sector so that the people, especially unemployed educated youth could themselves shift their interests from service sector to Industrial sector for which various new measures have initiated.
Kichloo said that a comprehensive project to the tone of Rs. 60.91 crore have been prepared for up-gradation and modernization of various projects which included Government Silk Factory, Rajbagh, Government Woollen Mills, Bemina, Government Joinery Mills Pampore and Government Joinery Mills Jammu. He said that the revival plan has been made with high expertise to enable these units run viable lines.
Financial commissioner Industries and Commerce Khurshid Ahmad Ganai informed the board that detailed studies have been got conducted by experts to upgrade the prestigious units of JKI and consultants of International repute have prepared detailed project reports of Government Woolen  Mills Bemina, and Government Silk factory Rajbagh.
The Minister, on the occasion, announced release of 6th pay commission in favour of the employees of the JKI. The Minister said JKI is the most prestigious Public Sector Enterprise of the state which has a huge asset base in the form of built-up infrastructure, machinery and landed properties, adding that the corporation was one of the major employment providers in the state. He, however, enjoined upon all concerned to ensure proper dissemination of schemes at grass root level and simplify procedures to the layman’s access.
Principal Secretary, Planning and Development,  B.R. Sharma said that the products of JKI, particularly silken and woollen fabrics provide huge market not only within the state but in the country also.
Earlier, Managing Director J&K Industries Javaid Iqbal gave a detailed resume about the activities being carried out in the Corporation.
During the meeting various other issues were also discussed and resolved on- the- spot by giving formal decisions by the Board.