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Pr. Secy SDD reviews physical, financial progress under CAPEX 2022-23

Formulation of revised CAPEX 2022-23, CAPEX Budget 2023-24 discussed

KH Business Desk by KH Business Desk
September 22, 2022
in Business
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Srinagar : Principal Secretary Skill Development Department (SDD), Dr.Asgar Hassan Samoon on Wednesday chaired a meeting to review the physical and financial progress achieved by the department under CAPEX 2022-23 at Civil Secretariat here.

The meeting was attended by Director SDD, J&K, Chief Engineer, R&B, Kashmir, Special Secretary SDD, representatives from JKPCC besides other concerned officials both in person and through video conferencing.

During the meeting, the formulation of Revised CAPEX Budget 2022-23 and CAPEX Budget 2023-24 was also discussed in detail. The meeting also discussed the latest work-wise details both physical and financial progress under centrally and state sponsored projects including status of new Polytechnics under CAPEX Budget of the department

Speaking during the meeting, Dr.Samoon directed the officers of concerned executive agencies to utilise the funds for completing the remaining works and subsequently handover all the completed projects to SDD so that they can be dedicated to students for use.

Taking strong note of slow pace of works on some projects, the Principal Secretary asked the Director SDD to closely monitor these projects and take regular review of the progress of works on these projects so that they can completed within this fiscal.

Assuring the executing agencies of availability of funds, Dr.Samoon asked the officers to maintain financial discipline while executing these projects and stressed upon them to complete these projects as per the original scope of works. He asked them that all the New Polytechnic Colleges should be made functional within this financial year and all the required works on Administration, Hostel, Classrooms and Workshop blocks should be expedited for timely completion.

While reviewing the formulation of Revised CAPEX Budget 2022-23 and CAPEX Budget 2023-24 for the department, the Principal Secretary asked the Director SDD to maintain coordination with field staff of each district as well as Principals/Superintendents of Polytechnics and ITIs so that the budget can be formulated as per the requirements of each institution.

During the meeting, the officers of executing agencies gave a detailed presentation on the progress achieved both in terms of physical and financial means on the ongoing projects of the department.

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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