Avinash Azad
Early Times Report
Jammu, Mar 29: Picking holes in the functioning of Public Sector Undertakings, the Comptroller Auditor General (CAG) revealed that J&K Small Scale Industrial Development Corporation Limited fails to utilize developed area for integrated infrastructure. More the SICOP had allotted 40 times more land to a single entrepreneur. The Jammu & Kashmir Small Scale Industries Development Corporation Limited is engaged in aiding, assisting and promoting Small Scale Industrial (SSI) units in the State.
CAG said that 55 per cent developed area in Integrated Infrastructure Development Centre, Govindsar (Kathua) and 93 per cent developed area in Silk Park Zakura remained unutilized as of March, 2014 resulting in unfruitful expenditure of Rs 12.23 crore.
"For up gradation of industrial estates during 2009-10 to 2013-14, during the period, the company completed three projects at a cost of Rs 28.31 crores with assistance of Rs 25.55 crores received from state and government of India", the report read, adding that another PSU, SICOP engaged in promotion of SSI and IDD going beyond rule allotted huge piece of land to single an entrepreneur.
"SICOP is engaged in promoting SSIs, in IID, Govindsar (Phase II) allotment of plot of the size of 100 kanals to a single an entrepreneur, against the approved size of 2-4 kanals was noticed. In IID, Govindsar (Phase-I) one plot of 80 kanals was allotted to a single entrepreneur and two plots of 20 kanals each were allotted to two entrepreneurs against approved size of 1-4 kanals", CAG report divulged. |
