J&K Cements employees demand release of withheld salaries

J&K Cements employees demand release of withheld salaries

Srinagar: The in-service and retired employees at the J&K Cements Private Limited have demanded release of their salaries which they said were pending for the last year and half.
A statement issued by the employees said that the cement plants were non-functional since July 2019 due to non-availability of working capital and huge liabilities, amounting to Rs 340 Crore till date as a result of which the in-service employees were without salaries since March 2019.
Besides, the retired employees also were without their dues for the last two years, they said.
The employees said that at the 103rd Board of Directors meeting of JKCL, the government had assured the financial assistance for the revival and operation of the plant as soon as possible, but nothing had been done practically so far.
Thry said the laid back attitude of the government had created doubts in the minds of employees, who already are under tremendous distress since long.
The employees urged the J&K government to address their grievances in earnest to provide them sigh of relief.

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