Sunday, 02 April 2023



LATEST NEWS Bhole Oye: Release Date Of Jagjeet Sandhu’s Upcoming Film Is Out Narendra Modi flags off Vande Bharat Express at Rani Kamlapati Station, Bhopal, Madhya Pradesh Dr Jitendra Singh urged the PRI representatives to carry Modi’s welfare schemes to the last mile Piyush Goyal lauds GeM crossing Gross Merchandise Value of ₹2 lakh crore in 2022–23 Principal Secretary Ashok Kumar Parmar visits Ganderbal Chief Justice visits District Court Complex Ganderbal; reviews functioning, infrastructure Local bodies minister Dr Inderbir Nijjar inaugurate road construction and park refurbishment projects worth Rs 3.35 crore With 28362 Jobs In First Year, Punjab Government Sets A New Benchmark: Bhagwant Mann IPL 2023: Kane Williamson's knee injury has New Zealand worried over availability for World Cup Steve McQueen says his film on Grenfell Tower disaster will leave audiences 'disturbed' Twitter bans record over 6.8 lakh accounts in India amid major overhaul WhatsApp bans record over 45 lakh bad accounts in India in Feb Connectivity projects worth Rs 1.76L cr to be completed by 2025 in NE: Amit Shah OTT show 'Dear Ishq' wraps up its shoot, leaves cast emotional Odisha CM announces metro rail project connecting Cuttack, Bhubaneswar, Puri, Khurda GST collection in March rises to over Rs 1.60 lakh crore Formula 1: Max Verstappen claims first pole in Melbourne; Russell bags front-row start for Australian GP Harjot Singh Bains Forms Education Minister Task Force To Stop Looting By Private Schools In The Name Of Books And Funds 300th birth anniversary of Baba Jassa Singh Ramgarhiais coming on 5 May 2023 'Support my cinema, I will not enter politics,' says Rishab Shetty of Kantara Jonah Hill looks unrecognisable in new pics after remarkable weight loss


JKIDFC achieves milestone of completing more than 1500 infra projects

Arun Kumar Mehta, Dr. Arun Kumar Mehta, Kashmir, Jammu And Kashmir, Jammu & Kashmir, Chief Secretary Kashmir, Jammu & Kashmir Infrastructure Development Finance Corporation, JKIDFC

Web Admin

Web Admin

5 Dariya News

Jammu , 11 Jan 2023

In a review meeting to take stock of the progress made so far under Jammu & Kashmir Infrastructure Development Finance Corporation (JKIDFC) sponsored projects, the Chief Secretary, Dr Arun Kumar Mehta today exhorted upon the Corporation to live up to its potential for accelerating the completion of projects in J&K.

The meeting was attended by Principal Secretary, PDD; Principal Secretary, H&UDD; Principal Secretary, I&C, Principal Secretary, PWD; Principal Secretary, Education; Commissioner Secretary, Information and IT; Commissioner Secretary, Forests; Commissioner Secretary, Social Welfare; Secretary Health; Secretary, Tourism; Director Finance, JKIDFC; General Manager, JKIDFC and many other officers from various departments.

 Some of the Kashmir based officers participated in the meeting through a video link. Dr Mehta exhorted upon the officers to achieve the targets given to them within the accepted deadlines. 

He urged them to use all their prowess in removing the bottlenecks so that each project funded by JKIDFC is completed at the earliest. He asked them to dedicate the completed projects to public forthwith. 

The Chief Secretary impressed upon the officers to work in mission mode for completing the remaining projects and raise bills to book the expenditure at regular intervals. He impressed upon them that the original purpose of this initiative taken by the government is to create public infrastructure without any undue delay. 

Therefore it should be our collective effort to realize this objective by giving our best to complete each of the project in a shortest  time as funds are readily available to serve the purpose.

Dr Mehta asked each of the departments to furnish list of non-initiated projects to be dropped out of corporation funding and list of projects to be completed before 31 of March, 2023. 

He asked them to work out the final details of the projects to be carried forward for completion and the actual amount of funds required for them positively in a week’s time. 

The meeting was informed that the Corporation has achieved the milestone of completing some 1507 projects at an estimated cost of Rs 2504 crore till date. It was given out that the e-compendium of the same would shortly be put in public domain. 

It was said that earlier also district wise e-book of 200, 500, 600, 800 and 1100 completed projects has been made available to public. It was further revealed that a loan of Rs 2750 crore was raised by the Corporation out of which 2730.81 crore has already been disbursed towards funding of some 1990 projects. 

A total of 180 projects of different departments had been completed this year. The meeting was apprised that the Corporation envisages to explore some revenue generating projects also for its sustainability. 

It will look into the possibility of public-private partnership (PPP) mode for finalizing the expression of interest with different financial institutions for its funding, as was given on the occasion.

It was said that the Corporation has completed all the necessary compliances as per the Companies Act, 2013. Moreover it has completed  financial statements till the 2020-21 fiscal and statutory audit for FY 2020-21 has also been closed, as was informed in the meeting.


Tags: Arun Kumar Mehta , Dr. Arun Kumar Mehta , Kashmir , Jammu And Kashmir , Jammu & Kashmir , Chief Secretary Kashmir , Jammu & Kashmir Infrastructure Development Finance Corporation , JKIDFC



related news




Photo Gallery



Video Gallery



5 Dariya News RNI Code: PUNMUL/2011/49000
© 2011-2023 | 5 Dariya News | All Rights Reserved
Powered by: CDS PVT LTD