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Government decision of clearing the liability of the Macdamuzation plant Owners/Contractors in J&K is a timely decision of LG administration to give new lease of life to the Construction Sector: Dr Darakhshan Andrabi*

Gadyal Desk by Gadyal Desk
03/03/2021
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Government decision of clearing the liability of the Macdamuzation plant Owners/Contractors in J&K is a timely decision of LG administration to give new lease of life to the Construction Sector: Dr Darakhshan Andrabi*
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BJP Spokesperson and Chairperson of Waqf Development Committee of Ministry of Minority Affairs Dr Darakhshan Andrabi today thanked the LG Manoj Sinha led for taking a much awaited decision of releasing huge payments to the Contractors who have undertaken macadamisation works for Jammu & Kashmir Government for many years. Due to the un-planned payment management system of previous regimes in J&K, a huge liability of funds in lieu of the big macadamisation works in J&K was due to the contractors of J&K. The matter was continuously followed by Dr Andrabi with the LG administration since the past more than a year. She had submitted a plan of action for clearing the liability. “Now the LG administration has taken a very timely decision to clear the liability worth crores of Rupees in a phased manner which will boost the developmental scenario in J&K. The past governments used to follow the defective financial management system which created huge liabilities in all sectors. J&K LG administration has created a revolutionary financial management system in J&K which has streamlined the allotment and billing systems in the UT. This timely decision will give a new lease of life to the construction sector in J&K. Dr Andrabi thanked the LG for his consideration of the issue on merit.

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