 |
| Over Rs 23 crore approved for ‘revival and restoration’ of the factory |
SRINAGAR, JUNE 06: Re-affirming that all the available resources will be pooled to
restore the pristine glory of State’s world famous Silk Factory at Rajbagh, the Minister for
Industries and Commerce, Chander Parkash Ganga today said that the World Bank
has approved over Rs 23 crore for ‘revival and restoration’ of the factory.
This was stated by Ganga during his visit to the factory. He was
accompanied by Vice Chairman, J&K Industries Ltd Gulzar Ahmad, Commissioner
Secretary, Shailendra Kumar, Managing Director JKI and other concerned
officials.
On the occasion, Managing Director, JKI gave a detailed
presentation on various aspects of the design drawings for the restoration of
Silk Factory. It was
given out that the funds for the revival of Silk factory at Rajbagh has been
approved by the World Bank under the scheme ‘Livelihood for Composite Market Implementation Centre for Whole
chain of Silk Activity at Silk Factory Rajbagh Srinagar.’
The Minister was briefed by the concerned officials that the
devastating floods of September 2014 had deteriorated the positioning of the
factory as its looms, raw material and finished silk products stored in the
showroom were damaged by the deluge.
It was informed that World Bank support would enable the
Corporation to upgrade the current infrastructure for increasing silk
manufacturing capacity from 12,000 metres to around 5 lakh metres annually.
In order to preserve and revitalize the Silk Factory as a heritage
site, the Minister stressed that while restoring its past glory as a major silk
producing industry in the country, the need of the hour is to improve its
viability as a self sustaining and employment generating Public Sector Unit.
The Minister also interacted with workers who put forth their
demands. He gave them a patient hearing and assured them that their all genuine
demands would be looked into on priority.
Post A Comment:
0 comments so far,add yours