SRINAGAR, July 27: Minister for Agriculture Production, Rural Development and Panchayati Raj, Cooperatives and Election Department Javid Ahmad Dar on Monday chaired the 45th Annual General Meeting (AGM) of the Jammu & Kashmir Horticultural Produce, Marketing and Processing Corporation (JKHPMC) at the Civil Secretariat here, where the Corporation’s performance and future roadmap were reviewed.
The meeting unanimously adopted JKHPMC’s audited accounts for the financial years 2019-20 to 2023-24.
Addressing the AGM, the Minister highlighted the Corporation’s role in strengthening the horticulture value chain and expanding marketing opportunities for growers across Jammu & Kashmir. He directed the Managing Director to institutionalise biannual review meetings to regularly assess the Corporation’s performance, monitor implementation of decisions and chart a strategy for sustainable growth.
Javid Dar stressed the need for identifying new avenues in agricultural and horticultural marketing, processing and value addition to ensure better returns for farmers. He urged the Corporation to adopt a result-oriented approach and align its activities with the evolving needs of the farming community.
The Minister also directed officials to undertake a comprehensive assessment of all Corporation assets and ensure their proper maintenance, monitoring and optimum utilisation. He said efficient asset management and timely execution of development projects would enhance JKHPMC’s operational capacity and financial sustainability.
Reaffirming the government’s commitment to the development of the agriculture and horticulture sectors, Javid Dar said JKHPMC has a critical role in promoting post-harvest management, value addition, market linkages and processing infrastructure, which would contribute to higher farm incomes and sustainable rural economic growth in the Union Territory.
Earlier, Managing Director JKHPMC Mohammad Farooq Dar made a detailed presentation on the Corporation’s performance, achievements, financial position and key initiatives. He also briefed the meeting on the status of statutory audits, progress in clearing the backlog of audited accounts and the roadmap for completing the remaining audit process within the stipulated timeline.
The AGM deliberated on a range of issues, including financial management, operational performance, implementation of projects under CAPEX and NABARD, infrastructure development, marketing initiatives and strategies to strengthen JKHPMC’s support to the horticulture sector.
The meeting was attended by Additional Chief Secretary, Agriculture Production Department, Dr Ashish Chandra Verma, shareholders of the Corporation, members of the Board of Directors and senior officers of JKHPMC.
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