JK sanctions Overseas Employment Corporation

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The Jammu and Kashmir government has sanctioned the setting up of the Jammu and Kashmir State Overseas Employment Corporation with an authorized share capital of Rs. 100 lakhs with the purpose to facilitate educated and skilled youth to seek employment within and outside the country. The decision was taken on the instructions of Chief Minister (CM), Omar Abdullah.

Government has also sanctioned the Board of Directors of J&K State Overseas Employment Corporation comprising Chief Minister as Chairman and Minister for Labour and Employment as Vice Chairman.

The administrative Secretaries of Industries and Commerce, Planning and Development, Health and Medical Education, Finance, Labour and Employment, Technical Education departments and Director Employment (Ex-Officio MD) will be the Directors of the Board.

Four eminent professionals in the field of employment and other related areas of specialization will be nominated separately by the Government will also act as Directors in the Board.

The sanction has also been granted for the nomination of the Director Employment, Jammu and Kashmir, Joint Directors Employment, and Deputy Directors Employment as Ex-Officio Managing Director, General Managers and Managers of the Corporation respectively.

Government has also sanctioned creation of posts of one General Manager (Marketing) in Pay Band-III with pay grade of Rs. 7600, one Assistant Marketing Manager in Pay Band-II with grade of Rs.4800 on computer assistant in Pay Band-II with grade of Rs.4200 for the corporation.