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| Typists projected as Financial Adviser, Secretary? | | MD JKHC misleads Industries Minister -II | | Early Times Report
JAMMU, Nov 30: The Managing Director (MD) J&K Handicrafts Sales & Exports Corporation during its recent Board meeting not only mislead the Industries Minister by giving him wrong financial figures but even kept the board members in dark as the MD projected a typist as Financial Advisor (FA) of the corporation.
Sources said that as the Financial Advisor (FA) had not at all agreed to be present in the said meeting as he knew all the financial figures were misleading and incorrect. One more typist according to reliable sources was projected as Secretary of the corporation.
In order to save himself from embarrassment MD asked both the typists to attend the said meeting and a scene was created as if the official was representing the FA and Secretary . Pertinent to mention that Industries Minister happens to be the corporation's Chairman as well.
Earlier MD JKHC claimed that corporation sales crossed Rs 14.24 crores during the financial year 2015-16, but he kept the whole board in dark including its Chairman (Industries Minister) about the liabilities and expenses. It is true that corporation sales touched to the tune of Rs 14.24 Crores from sale of handicraft items sold at its several branches located in J&K and in at least 10 cities of country during last financial year, but when the expenditure in the corporation is calculated, it is clear that JKHC is running on loss…..
From July on-wards corporation has not been able to pay salary to its employees posted outside state , sources said. An amount of Rs 1.25 Crores is yet to paid to employees under CP fund, Rs 80 lakh are pending under Cost of Living Allowance (COLA) , 50 Lakhs are yet to paid under gratuity and leave salary. Head office salary of Rs 150 lakhs is yet to be paid from October. As the corporation continues to be in losses, Govt compensated it with a budgetary support of Rs 86 lakhs last year.
"By making all these tall claims , MD of the corporation is trying to create an impression in the press that all is well in the corporation and the reality is that JKHC is completely ruined" said a sales representative (name withheld ) who is working in JKHC from last two decades.
It is alleged that said MD had illegally promoted 210 employees of the corporation in lieu of monetary gains, and the issue was taken very seriously by the administrative department.
Pertinent to mention that MD JKHC last year had shown utmost disrespect to state legislature, by providing misleading and incorrect information to state assembly about the appointments made by the corporation from last three years.
A member of state legislature had asked Government about the appointments made in State Industrial Development Corporation (SIDCO) , SICOP, JK Cements, and Handicrafts Corporation. To this question the Managing Director JKHC said that his corporation has not made any such appointments from last 3 years. But as per reliable sources , Managing Director JKHC has made as many as four appointments in the Handcrafts (S&E) Corporation. The said backdoor appointees are as on date posted in various branches of Handicrafts Corporation. |
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