Srinagar, March 21: Central Contractors Coordination Committee(JKCCCC), has termed non-payment of Rs. 500 crore as the biggest hurdle in the construction work.
General Secretary Central Contractors Coordination Committee, Farooq Ahmad Dar, expressed deep disappointment that even during the recent budget, there was no presentation on contractors’ dues and no progress has been made.
He said after the previous governments, the Lt Governor’s administration had assured about the payment of these dues but nothing was seen on the ground level.
“If construction and development works are slow, the biggest reason is non-payment of contractors’ dues, ”he said, adding the budget had disappointed them as they hoped that this time the central and state governments would take historic steps to pay dues.
Dar said that the government’s announcement of development works was a dream come true and asked how the contractors would invest in new works when their dues were not paid.
“There is also a liability of around Rs. 500 crore, as a result of which the contractors are facing severe difficulties,” he alleged.