x

Like our Facebook Page

   
Early Times Newspaper Jammu, Leading Newspaper Jammu
 
Breaking News :   What Are the Implications of Renaming ? | Sanchar Saathi App: The Need for Balance Between Privacy and Security | Empower Divyangjans | Indian Navy synonymous with exceptional courage and determination: PM Modi | ‘Visit India to see Cheetah in all its splendour’ | Focus on enhancing diagnostic accuracy: LG Sinha | DGP visits Basantgarh, reviews ongoing operations | Pak-linked drug racket busted | ACB arrests Patwari, Chowkidar for taking Rs 10,000 bribe | Files chargesheet against AE | NIA Court rejects bail plea of narco-terror accused | ‘Trump didn’t play any role in India-Pak ceasefire’ | Gold falls by Rs 600 | Kashmir shivers, Pulwama records minus 5.6 C | SS Sodhi, president JKRA, elected to Board of Governing Members of National Rifle Association of India | Sant Kabir's message in verse relevant to forge unity: Devyani Rana | LG Kavinder Gupta calls for Equal Opportunities & Barrier-Free Access for Divyangjans | ADG Armed visits JKAP 8th Battalion, Reviews Operational and administrative functioning | Six Day Bharat Darshan Tour of Ramban district Flagged Off by DIG DKR Range | AIIMS Jammu proposes Global Centre for Artificial Intelligence in Healthcare | Court sentences two brothers in 2009 attack case | Three-day national conference NCAAPS-2025 commences at JU | EPFO Srinagar organizes seminar on PMVBRY at Pulwama | Inauguration of futuristic gym and railway club in Jammu Division as part of new initiative | Balbir paid obeisance at Rattan Vansh Devsthan, sought blessings | Traffic Violators will not spare at any cost: ARTO Neeraj Sharma | Back Issues  
 
news details
How JK’s Overseas Employment Corporation drained more than Rs 47 lakh of public money
Company created without any planning, existed without any meaningful activity
1/12/2021 11:02:50 PM
EARLY TIMES REPORT

JAMMU, Jan 12: Yet another example of how the ill planning of the past governments resulted in the huge loss to the government exchequer has come to the fore. Improper planning of the Jammu and Kashmir State Overseas Employment Corporation Limited, to set up its office at New Delhi without any meaningful activity, resulted in unproductive expenditure of Rs 47.86 lakh on salary of staff, hiring of premises and other expenses.
Reports informed that the Head Office of the Company failed to select and recommend any candidate to the New Delhi office during the entire period i.e. December 2010 to June 2016. As a result, New Delhi office could not provide services to any candidate. This showed that the office was created without any planning and existed without any meaningful activity. An expenditure of Rs 47.86 lakh incurred on payment of salary of staff and rent of the office premises was thus, rendered unproductive.
Rent incurred upon the was Rs 20.10 lakh while as Salary of General Manager was Rs 19.17 lakh; money incurred during the period on the salary of orderly was Rs 2.49 lakh while as maintenance expenses were recorded as Rs 76 thousand. The cost of advertising and Travel expenses was as per documents Rs 5.34 lakh.
Documents in possession of Early Times reveal that in order to facilitate the educated/ skilled labour force of the State in seeking employment within and outside the country, the Jammu and Kashmir Government accorded sanction in November 2009 for setting up of Jammu and Kashmir State Overseas Employment Corporation Limited (JKSOECL). To assist/ facilitate the candidates selected by the Head Office in the completion of formalities like obtaining passport, extending passport validity, visa clearance, airlines reservation and authentication of documents from the concerned agencies, office of the General Manager (Marketing) was established in New Delhi from December 2010. However, it was made functional from March 2012.
Documents further reveal that against the post of one General Manager (Marketing), one Assistant Marketing Manager, one Computer Assistant and one orderly (contractual), only one General Manager (Marketing) and one orderly were posted in Delhi office. The Company in December 2010 hired an office premises on a monthly rent of Rs 30,000. General Manager (Marketing) was posted for a brief period of 28 months from August 2011 to December 2013, while the premises continued to remain rented upto June 2016, i.e., a period of 2 ½ years.
Meanwhile, the loss of money due to such a decision was not the only worrying concern. The embarrassing situation caused due to which actions has reflected how the bad planning used to rule the roost in Jammu and Kashmir with successive regimes treating the public purse as their personal luxury that could be spent on anything or everything without any consideration of the outcome. The establishment of Jammu and Kashmir State Overseas Employment Corporation Limited and its subsequent failure looks tip of an iceberg. However, it is enough to reveal the rotten system calling shots in an otherwise cash starved region.
  Share This News with Your Friends on Social Network  
  Comment on this Story  
 
 
 
Early Times Android App
STOCK UPDATE
 
 
 
 
 
 
 
   
Home About Us Top Stories Local News National News Sports News Opinion Editorial ET Cetra Advertise with Us ET E-paper
 
 
J&K RELATED WEBSITES
J&K Govt. Official website
Jammu Kashmir Tourism
JKTDC
Mata Vaishnodevi Shrine Board
Shri Amarnath Ji Shrine Board
Shri Shiv Khori Shrine Board
UTILITY
Train Enquiry
IRCTC
Matavaishnodevi
BSNL
Jammu Kashmir Bank
State Bank of India
PUBLIC INTEREST
Passport Department
Income Tax Department
JK CAMPA
JK GAD
IT Education
Web Site Design Services
EDUCATION
Jammu University
Jammu University Results
JKBOSE
Kashmir University
IGNOU Jammu Center
SMVDU