With the Jammu and Kashmir Cements Ltd facing tough challenge for its survival, a blue-eyed official of Jammu and Kashmir government is leaving no stone unturned in turning this state owned profit making corporation into a ‘ruined house.
Sharma, who is a non-technical person according to sources, is not eligible to head this important business plant.
KNS has learnt that Managing Director Jammu and Kashmir cements Ltd managed to get his post with the blessings of babus despite the fact that he was not eligible for the post.
He, according to the sources would not have been appointed on this post, if the former minister had not helped him in facilitating his posting.
Sources further informed that the rules and regulations of the State Government make it clear that an official equaling chief engineer can only head this prestigious state owned corporation.
According to the insiders, he after assuming his office took many disastrous decisions.
Officials do not hesitate in saying that the wrong polices of the Managing Director could prove disastrous for the corporation's financial health when it is already witnessing slump in its annual turnover.Click Here To Follow Our WhatsApp Channel
It needs to be stated here that a unit of the corporation has, remained defunct for many months in the past and recently it was again stopped production due to the mishandling of the Managing Director.
Meanwhile, the J&K Cements limited employees have appealed Chief Minister to save JK cements from at the hands of ‘incompetent Managing Director. “It is unfortunate that the government has posted blue eyed person as JK cements head. The officers basically from non technical cadre without having any knowledge about the cements not only have troubled the scenario of the corporation but also have paralyzed the function of the plant,” Insiders said and added that the officer is also making transfers and promotions of the officials in wholesale manner without following rules and regulations” they said.
The Managing Director J&K Cements Ltd Rakesh Sharma did not respond to the repeated phone. (KNS)