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| JK cements staff starves as debt-ridden factory only feeds higher-ups | | | Early Times Report
srinagar, Nov 23: With the debts of the JK Cements Ltd having risen to multi-crore, the government owned subsidiary has been unable to pay salary to its staffers for the past around four months.
While the staffers have been protesting unheard, their demand for release of salary has been pending with the government.
Sources said a top official posted in the JK Cements has been keeping the government in dark about the plight to the cement factory that operates from Khrew area on the outskirts of Srinagar city.
Sources said the official in question has been managing to get his salary drawn but that he is unable to get the salary of staffers released.
"Our families are starving but the 'Sahib' who comes from an influential family is unmoved as his own salary is getting released," said some aggrieved employees.
Sources said the debts at the cement factory have risen to over Rs 300 crore due to dismal performance of the unit in the last few years.
Sources said some ministers during the previous Peoples Democratic Party-Bharatiya Janta Party didn't work on the much needed revival plan for the factory as a result of which the things went from "bad to worse."
Sources said in the last around a decade, successive regimes including the National Conference had been working allegedly against the interests of the government factory that had actually been known for the producing quality cement and was among the "most profitable" government owned factories in the state even after the onset of militancy in 1990s.
It was reliably learnt that the top officials in the JK Cements Ltd from time to time resorted to allegedly unfair means of grabbing fortunes in league with the successive regimes but only at the cost of the factory.
Insiders in the office of the cement factory said there was a need to probe even the fire incidents that had gutted the office records a few years ago.
"The fire that devastated official records at the Zero Bridge office a few years ago needs to be probed because it doesn't seem to be accidental but deliberate to destroy the evidence of frauds that took place," said a delegation of aggrieved employees on the condition of anonymity.
Meanwhile the employees at the JK Cements Ltd have appealed the Raj Nivas to look into the matter "so that the factory revives its operations to emerge as profit making unit again." |
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