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| Industrialization key to economic growth, employment generation: Kichloo | | | REASI: Minister of State for Industries & Commerce and Home, Sajjad Ahmad Kichloo, today visited Panthal, Magnesite Project of J&K Mineral Development Corporation Limited.
He was accompanied by DDC Reasi Dr. Shahid Iqbal Choudhary and SSP Reasi Raghuvir Singh.
During the visit, the Minister took stock of ongoing works at the project site.
The project is a joint venture of NMDC Ltd (A Govt. of India Enterprise under Ministry of Steel) and J&K Minerals Ltd. The project envisages setting up of 30,000 tonnes per annum Dead Burnt Magnesia Plant at Panthal, Katra. The product will be consumed by refractory manufacturers for use in steel plant, cement plant. The activities of the project are being monitored by S. K Nag, project Manager JKMDC and S.A.Rafiqui Assistant Project Manager JKMDC.
The approval cost of the project is Rs. 143 crore which may likely to go upto Rs 190 crore. The technical package of DBM (dead burnt magnesia) plant is likely to be awarded in December 2013.
This project will generate employment direct & indirect within the area and is likely to be commissioned by December 2015.
Speaking on the occasion, Kichloo said that industrialisation is the most powerful tool for massive economic development and employment generation.
He said exploitation of industrial opportunities is being fast tracked keeping in view of huge requirement for employment and economic development.
Later, a deputation of local people met the Minister and put forward their demands and grievances.
The Minister assured the deputationists that all their issues would be looked into for an early redressal. |
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