17 hrs ago
J&K Has No Policy to Shut PSUs, Deputy CM Says
Jammu and Kashmir’s Deputy Chief Minister said the government does not plan to close its public sector businesses.
He said the government should find out why any of them are losing money.
He also said the people responsible for those losses should be held accountable.
Some committees are looking at whether certain businesses can be brought back to health.
The government will discuss a report about the businesses before deciding what to do.
Choudhary also said a new industrial policy is nearly ready.
He said it is meant to fix problems with the previous policy.
He also said a court will decide an ongoing dispute about electoral rolls.
Deputy Chief Minister Surinder Choudhary said the Jammu and Kashmir government has no policy to shut public sector undertakings.
He said officials and political leaders responsible for PSU losses should be held accountable.
Committees have been formed to examine some cases and consider whether the entities can be revived.
The government will discuss the CAG report before reaching conclusions about its findings.
Choudhary said a new industrial policy is in its final stage and aims to address shortcomings in the previous policy.
- Who
- Jammu and Kashmir Deputy Chief Minister Surinder Choudhary.
- What
- He said the government has no policy to shut PSUs and will examine losses, accountability and possible revival.
- Where
- Srinagar, Jammu and Kashmir.
- When
- Tuesday; no date was specified.
- Why
- The government says it should identify the causes of PSU losses, hold responsible people accountable and seek ways to make the entities viable.
Key facts
- Government official
- Surinder Choudhary, Jammu and Kashmir Deputy Chief Minister
- PSU policy
- Choudhary said there is no policy to shut down any PSU.
- Accountability
- He said officers and leaders responsible for PSU deficits should be held accountable.
- Review process
- Committees have been constituted to examine certain cases and explore possible revival.
- CAG report
- The government will discuss the report and its findings before reaching a conclusion.
- Industrial policy
- A new policy is in its final stage, according to Choudhary.
- Industrial package
- Choudhary addressed concerns about implementation of the Rs 28,400-crore package.
- Electoral rolls
- Choudhary said the controversy is before the Supreme Court.
Quotes
Surinder Choudhary
Jammu and Kashmir Deputy Chief Minister
“Why should it be shut down? We will have to find the causes and reasons. How did the PSU go into a deficit? The officers who put it in a deficit should be held accountable, and the leaders who put it in a deficit should also be held accountable.”
thehansindia.com
“The Industries Department has worked very hard under the direction of the Hon’ble Chief Minister. The new industrial policy is at the final stage and will come before you.”
thehansindia.com
Sources
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