‘Ensure proper usage of funds for industrial promotion’

Jammu & Kashmir Industries and commerce minister SS Slathia in a meeting on Thursday directed his ministry officials to...

Written by Press Trust Of India | Srinagar | Published:August 20, 2010 12:55 am

Jammu & Kashmir Industries and commerce minister SS Slathia in a meeting on Thursday directed his ministry officials to ensure proper and complete utilisation of funds for promotion of industries in the state.

He said additional 25% funds will be released within a couple of days for the purpose.

The meeting was attended by officers of Industries and Commerce (I&C),Smallscale Industries Corporation,State industrial Development Corporation,JK Minerals,Handicraft Corporation,Handloom Development Corporation,Handicrafts,Handlooms and Geology and Mining departments.

Slathia said next meeting for reviewing the pace of physical and financial status of these departments would be held on September 20,for which he directed the concerned officers to come up with accurate achievements and figures.

Officials said during the meeting discussions were held over various issues,including pace of work of Udhyog Bhawan Valley.

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