Jammu, November 22 (Scoop News) –J&K Chief Minister, Omar Abdullah who is also Chairman of Jammu and Kashmir Project Construction Corporation (JKPCC) Monday approved 109 installments of Cost of Living Allowance (COLA) for the Corporation employees as also the conversion of COLA into Dearness Allowances (DA) in consonance with the Cabinet approval in this regard.
Giving nod to a agenda proposal in this regard in the 85th meeting of the Board of Directors of JKPCC which he chaired here, the Chief Minister asked the Jammu and Kashmir Project Construction Corporation (JKPCC) to expand its orbit of working beyond J&K limits and take lead in e-bidding for the construction works.
“Instead of relying completely on State government work, JKPCC should move outside the State to get construction projects and extend working arena”, he said adding that this would not only add to the profit earning capacity of the Corporation but increase job avenues for skilled and semi-skilled youth of the State.
The Chief Minister emphasized the need of capacity-building by the Corporation to make it more profit-earning and job-providing organization.
Omar Abdullah laid stress on making transparency benchmark of functioning in the Corporation and vetting of the proposals involving financial implications and administrative matters by the Finance and Budget Committees of the Corporation for the final consideration of the Board. He also directed for putting moratorium on purchase of high cost vehicles for next five years. “The vehicles required for field workers should be given preference over the high cost luxury ones”, he said adding that the proposal for purchase of vehicles should be got approved not only by the Chairman (Minister in-charge) of JKPCC but also by the Chief Minister.
The Chief Minister directed the Corporation to put forth a comprehensive and consolidated proposal for funds to the Planning Department. “You should formulate a calendar for completion of works so that funds are released accordingly by the Planning Department”, he told JKPCC.
The meeting was among others attended by the Minister of State for R&B, Javid Ahmad Dar, Principal Secretary Planning and Development, Khurshid Ahmad Ganai, Principal Secretary to the Chief Minister, B. B. Vyas, Commissioner Secretary R&B, K. B. Agarwal, Managing Director, JKPCC, Tehseen Mustafa, representatives from Finance, Agriculture and Medical Education Departments, Company Secretary JKPCC, Neeru Chada and other senior officers.
The meeting discussed various matters pertaining to the raising of gratuity limit, compassionate appointment, establishment of sub-unit at
In a comprehensive Power Point presentation, Tehseen Mustafa explained the agenda item-wise and gave brief about the physical achievements registered by the Corporation during the last two years and the targets fixed for completion during the current year.
The Managing Director, JKPCC said that the profit of the Corporation has increased from Rs. 2.05 crores in 2007-08 to Rs. 21.56 crores in 2010 while it was Rs. 18.90 crore in 2008-09. He said the turnover of the State also increased from Rs. 200.07 crore in 2007-08 to Rs. 307.85 crores in 2010 while it was Rs. 274.39 crores in 2008-09.
The MD said that presently 432 schemes of various dimensions were being executed by the JKPCC in the State involving an expenditure of over Rs. 3062.63 crores. He said JKPCC has completed 14 major bridges at a cost of over Rs. 312 crore during 2009-10 while as 18 major bridges are likely to be completed during this financial year at a cost of over Rs. 400 crores.
Tehseen Mustafa also presented status of various hospital and other buildings being constructed by JKPCC. He also gave details of road projects and bridges being executed in the State by the Corporation.