Retirement age of AIDCL staff brought at par with Govt employees

Retirement age of AIDCL staff brought at par with Govt employees
KG News Desk
SRINAGAR, MAY 18: The Board of Jammu and Kashmir State Agro Industries Development Corporation Limited (JKAIDCL) Wednesday decided to enhance the retirement age of the employees of the Corporation from 58 to 60 years.
This decision was taken in 64th Board of Directors (BoD) meeting of the Corporation held here under the chairmanship of Minister for Agriculture Mr Ghulam Nabi Lone Hanjura who is also the chairman of the Corporation.
Several decisions were taken in the meeting held after a gap of more than two years.
The Board decided that an employee of J&K AIDCL in service on 01-06-2014, or appointed on or after that date, shall retire on his attaining the age of 60 years.
Implementation of 6th Pay Commission issue was agreed in principle, however, the Board directed the Managing Director of the Corporation to come up with draft resolution to workout financial implications in this regard.
To improve the working of the Corporation, the Board decided that the J&K AIDCL will take three posts of General Manager from General Administration Department (GAD) on deputation basis and their pay will be drawn from the Corporation.
With regard to non-functional Petrol Pump at Lal Mandi, Srinagar, the Chairman directed the J&K AIDCL to prepare a Detailed Project Report alongwith financial involvement and submit the same in its next meeting.
The Board also asked the Corporation to prepare a comprehensive plan for relocation of Cold Storage Plant from Lal Mandi Srinagar to Khunmoh and submit the same in next BODs meeting.