Srinagar, Dec 14: In a move aimed at ensuring transparency and accountability, Jammu & Kashmir government has decided to go for physical verification of all 708 projects completed from the loan availed by Jammu & Kashmir Infrastructure Development Finance Corporation Limited(JKIDFC).
Documents in possession of KNO lay bare that JKIDFC has decided to for physical verification of all 708 projects within one month.
“The JKIDFC team was directed to depute the officials for physical verification of the completed projects. It was also directed that at least two (02) officials of JKIDFC shall be deputed everyday for monitoring and verification of these projects and the verification of 708 physically completed projects shall be completed within a month,” reads the minutes of meeting of JKIDFC held under the chairmanship of Arun Kumar Mehta, Financial Commissioner, Finance on December 4.
According to the record note, Mehta, who is also chairman JKIDFC, took serious note of the slow pace of completion of projects by the departments and directed that short individual review meetings shall be held on consecutive days in a week with the departments.
“Further, the chairman directed to forward a D.O letter to all the concerned administrative secretaries regarding slow moving projects of the departments approved under JKIDFC along with the list. The administrative secretaries of each department shall be conveyed to take necessary actions for faster implementation of these projects and explain reasons for delay. Also the chair directed that in case of non-compliance of the nodal officers to initiate the projects within a stipulated time, the projects shall be dropped from the approved list of languishing projects funded under JKIDFC,” the record note of the meeting states.
After imposition of Governor’s Rule in Jammu & Kashmir, the State Administrative Council approved a proposal to raise a loan of Rs 8000 crores for completing all languishing projects in the state.