Agri minister stresses innovative avenues to boost JKAIDC business

Agri minister stresses innovative avenues to boost JKAIDC business

Saffron business to be enhanced up to Rs 5 crore this season

SRINAGAR: Minister for Agriculture, Ghulam Nabi Lone Hanjura on Thursday asked the officials of government-run Jammu and Kashmir Agro Industries Development Corporation (JKAIDC) to create new avenues of business for making the corporation a profitable organisation, an official press note read.
The minister was speaking at the annual general meetings of JKAIDC here. The meeting was also attended by Vice Chairman JKAIDC Rashid Ahmad, Principal Secretary Agriculture Production Department, Sundeep Kumar Nayak, MD JKAIDC, Rakesh Khajuria, Director Agriculture Kashmir, Altaf Aijaz Andrabi, Director Agriculture Jammu H K Razdan and other senior officials.
According to the press note, discussions were held on issues pertaining to status of accounts of the corporation, short term and long term strategy, business plan for next 5 years, modernisation of Cattle Feed Plant, Bari Brahmana, besides cold store plant at New Delhi and functioning of sales outlets.
Hanjura called upon the corporation officials to adopt business options on professional lines and come up to the expectations of the people. He directed the officials of the agro-industry to formulate short and long term plans so that business of agro products increases.
He also said that Saffron business should be enhanced up to Rs 5 crore this season. Referring to financial position of the corporation, Hanjura also directed the JKAIDC to prepare a balance sheet of the corporation by March 2018 so that it would provide them information about the liquidity position of the corporation, the press note read.
The minister stressed upon all the officers to adhere to the directions and guidelines and personally monitor on-going schemes across the state, adding that proper monitoring, judicious utilisation of funds and optimal use of resources would ensure timely benefit to the people of the state in general and farming community in particular.
Saying that there was need to infuse new ‘blood’ in the functioning of the corporation to make it more vibrant, the minister said innovative measures were needed to be taken by the corporation.
Speaking in reference to the functioning of the Cold Storage Plant, Ice Factory in Delhi and Cattle Feed Plant at Bari Brahmana (Jammu), the minister, while expressing satisfaction with their functioning, said that these plants have earned a reasonable profit for the corporation, the press note added.



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