NC, PDP demand revocation of order on merging, closing sick PSUs - watsupptoday.com
NC, PDP demand revocation of order on merging, closing sick PSUs
Posted 17 Jul 2020 01:17 PM

Source : The Indian Express

The National Conference and the People�s Democratic Party (PDP) on Thursday asked the Jammu and Kashmir administration to rescind a six-month-old order to merge or close several sick public sector undertakings in the Union Territory.

�The J&K government�s decision to close many PSUs is shocking�.This order is unfair and must be rescinded,� National Conference tweeted on it official handle.

The party said the administration was bent upon adding to the soaring unemployment numbers.

�Instead of creating new jobs, JK administration seems adamant in adding to soaring unemployment numbers by terminating scores of existing government employees,� it added.

The PDP termed the move appalling.

�The decision to close many PSUs by the J&K administration is appalling. At a time when J&K is fighting unemployment & there�s a need to create more jobs, the admin�s move is plainly an attempt to add to the rising unemployment numbers by ceasing scores of existing govt employees!� it tweeted.

In an order issued in January this year on the directions of Lieutenant Governor G C Murmu, the administration said mineral sites should be auctioned, industrial estates be handed over to SIDCO (State Industrial Development Corporation) and the JK Cements limited be privatized after assessment of assets.

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