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VC Handloom, Handicrafts Corpns interacts with workers

K H News Service by K H News Service
August 12, 2017
in Business
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Srinagar:  The Vice Chairman Handloom and Handicrafts Corporation Nizam-ud-Din Bhat Friday expressed dismay over the swelling service and statutory liabilities of the two Corporations causing distress among workers and the employees.

Interacting with the workers and union leaders of the employees of the two sectors, Bhat informed them about the efforts being made by the management to clear the liabilities and ensure regular payment of remunerations.

He said unrest and adverse natural interventions have set a blow to this social sector of fame and workers are unable to run business of the Corporations in absence of adequate resources.

Bhat said the two Corporations would have come to virtual closure but for the concern of the Government towards the vital areas, of social and economic importance. He said the projects, business contracts and administrative incentives are in progress as part of sustenance and revival plan and expressed confidence that the things will change for better.

He said employees of two Corporations have not received salaries from last seven months. In this regard, the Vice Chairman appealed the Chief Minister, the Finance Minister and Industries Minister to help adopt two-pronged strategy of extending one time financial support to meet salary liabilities and providing of revolving run business to save the traditional art and craft.

He said till employees get their pending dues and salary component is not regularized, manufacturing, production and quality is bound to suffer and state may lose its vital component of employment and identity.

K H News Service

K H News Service

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The publication of “Kashmir Horizon” as an English daily was started with a modest attempt on May 19, 2008.It has been a Himalayan attempt for “The Kashmir Horizon” to survive the challenges posed to journalism in the violence fraught place like Jammu & Kashmir.

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