Jammu, March 28: Advisor to Lieutenant Governor, Rajeev Rai Bhatnagar on Tuesday urged the management of the J&K Agro Industries Development Corporation Limited (JKAIDCL) to explore new opportunities for growth and diversification to further strengthen the agro-based economy of Jammu & Kashmir.
“There is a dire need for sustainable development in agriculture and allied industries across J&K and JKAIDCL has a major role to play in achieving that goal,” the Advisor said while chairing the 52nd and 53rd Annual General Meetings (AGMs) as well as 68th Board of Directors (BoDs) meeting of JKAIDCL at Civil Secretariat here.
Addressing the participants, Advisor Bhatnagar encouraged the corporation to continue its efforts towards improving the livelihoods of farmers and promoting the growth of the agro-based economy in Jammu & Kashmir.
The meeting was attended by Additional Chief Secretary, Agriculture Production Department Atal Dulloo; Secretary Planning, Development and Monitoring Department, DG Codes, Director Agriculture Jammu/Kashmir, Director Horticulture Jammu/Kashmir, Director Animal Husbandry Jammu/Kashmir and other concerned officers both in person and through video conferencing.
During the AGMs, the Directors of the Board led by Chairman Advisor Bhatnagar reviewed various critical matters concerning the organization’s operations, including the annual reports and financial statements. They also held a robust discussion on the corporation’s business activities and strategies and also discussed the future plan for the Corporation to make it profit-centric.
During the meeting, the Board took some significant decisions for improving the overall health of the Corporation and making it a viable entity. The Board approved several projects under CAPEX and NABARD schemes for the Corporation like 5145 Metric Tons (MTs) multi-chambered modern cold storage and ripening project for storing fresh fruits and vegetables at Talab Tillo Jammu, construction of a common facility centre and additional cold rooms for market development of horticulture produce from J&K at Delhi, the establishment of Aloe-Vera plant cultivation with value addition processing unit at Samba and establishment of Lavender oil and processing unit at Bhaderwah.
The Board also directed the officers to come up with Human Resource Policy for the Corporation so that the intended objectives of the entity are met. The directors of the board also asked them for optimal utilisation of all the assets of the Corporation so that sustainable revenue is generated.
The Board also asked the management to make a concrete plan for the marketability of the products of the Corporation so that they are made available on all e-commerce platforms.
