EARLY TIMES REPORT
JAMMU, Jan 8: In its 12th High Powered Committee (HPC) meeting chaired today by Financial Commissioner, Finance, Dr. Arun Kumar Mehta, the J&K Infrastructure Development Finance Corporation (JKIDFC), consented to fund 83 road projects requiring some Rs 1010.55 crore for completion.
The meeting was also attended by Principal Secretary, PWD, Shailendra Kumar; Secretary, Youth Services & Sports, Sarmad Hafeez; Executive Director, JKIDFC, Shamim Ahmad Wani; Director General Budget, Mohammad Yaqoob Itoo; Secretary Sports Council, Nasim Javed Choudhary; Director Finance, JKIDFC, Shoukat Hussain, General Manager, JKIDFC, Shafaat Yehya and many other officers of the concerned departments. Mehta, who is also the CMD of the company, asked the concerned departments to meet all the requirements before bringing the projects for financing underJKIDFC. He directed them to have Administrative Approval, Technical Sanction, DPRs, Geo Tagging and other formalities already done by the submitting departments.
Dr Mehta directed the officers to look into the underlying reasons for requests for dropping some projects from JKIDFC domain. He asked for making the preparations for re-submitting them in future HPCs.
The meeting further deliberated on big ticket projects like 2000mtr span bridge at Pragwal Jammu (Rs 206.90 cr), 445 mtr span bridge over river Ujh at Kathua (Rs 45.54 cr), Upgradation of Kotranka Khawas road at Rajouri (Rs 76.20 cr), Upgradation of Udhampur-Ghordi road (Rs 40 cr) besides other roads and bridges of great importance in terms of last mile connectivity.
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