J&K Cements employees demand release of withheld salaries

Srinagar: The in-service and retired employees at the J&K Cements Private Limited have demanded the release of their salaries which they said were pending for the last year and a half.
A statement issued by the employees said that the cement plants were non-functional since July 2019 due to the non-availability of working capital and huge liabilities, amounting to Rs 340 Crore to date as a result of which the in-service employees were without salaries since March 2019.
Besides, the retired employees also were without their dues for the last two years, they said.
The employees said that at the 103rd Board of Directors meeting of JKCL, the government had assured the financial assistance for the revival and operation of the plant as soon as possible, but nothing had been done practically so far.
They said the laid back attitude of the government had created doubts in the minds of employees, who already are under tremendous distress for long.
The employees urged the J&K government to address their grievances at earliest to provide them a sigh of relief.