State-owned J&K Cement Limited asked to improve performance

SRINAGAR: The Legislative Assembly committee on Public Undertakings has asked the Jammu and Kashmir Cements Limited (JKCL) to gear up its field functionaries for the company’s “further improvement” and to make it a profitable unit.
The committee, which met Tuesday under the chairmanship of Legislator Rajiv Jasrotia, examined the CAG’s Audit Reports for the year 2009-10 and 2006-07 pertaining to the Industries and Commerce Department (Jammu and Kashmir Cement Limited). It also reviewed the corporation’s operations.
“The committee observed that JKCL needs to be strengthened so that it may produce more and more cement to cater to the needs of the people of the state,” an official handout issued here said.
The committee held threadbare discussion on importing supply of raw materials including coal from outside the state, deciding that in future a “perfect mechanism should be put in place to avoid any loss to JKCL”.
Legislators Naresh Kumar Gupta, Surinder Mohan Ambardar, Mohammad Akbar Lone, Mushtaq Ahmed Shah, Asgar Ali Karbalie, Chowdhary Mohammad Akram, Mohammad Yousuf Bhat, and Aabid Hussain Ansari were also present in the meeting.
Financial Commissioner, Industries and Commerce, Khursheed Ahmed Ganai apprised the committee about the working of the corporation. He also briefed the committee about the working of Khrew and Samba cement factories.
Accountant General (Audit)), Managing Directors of JKCL and JK Minerals, Directors I&C, Kashmir and Jammu, and Director Geology and Mining were among other senior officers present in the meeting.