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Home Business

Sat Sharma examines CAGs audit paras of JKPHC at PUC meet

KH Business Desk by KH Business Desk
October 4, 2017
in Business
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Srinagar: A meeting of the Committee on Public Undertakings was held here Tuesday under the Chairmanship of MLA, Sat Paul Sharma to examine the CAG’s Audit Paras pertaining to the Jammu and Kashmir Police Housing Corporation Ltd. (JKPHC), Home Department.

Threadbare discussions were held on the reply submitted by the Corporation about CAGs Audit Para 5.2 regarding avoidable payment of interest, 5.3 short deduction of Labour Cess and 5.4 non enforcement of terms of contract.

Legislators, G.M. Saroori, Abdul Majid Larmi, Rajeev Sharma and Vikram Randhawa attended the meeting and gave their suggestions to make the JKP Housing Corporation more functional and vibrant.

While discussing the audit paras 5.3 and 5.4 in details, the Committee directed the concerned authorities to submit a comprehensive detailed report regarding the paras after proper verification and scrutinize the matter.

The Committee also discussed the other issues regarding the technical fault of the vehicle of the Legislators, issuance of SPOs list of Jammu province, establishment of labs for testing of materials used in the constructions, mode of payment to the contractors and set up of Board of Directors for proper functioning of Corporation (Company).

Principal Secretary, Home R K Goel and Managing Director J&K Police Housing Corporation briefed the committee about the CAG’s observations and action taken by the Corporation on the audit paras.

Among others, seniors officers of JK Police Housing Corporation, CAGs and Assembly Secretariat were also present in the meeting.

KH Business Desk

KH Business Desk

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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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