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Jammu and Kashmir Cements may soon be closed.


Closure of the only public sector owned manufacturing company has been on the table for long. Majority of the workers have been either shifted on deputation to other departments as the corporation has been unable to meet monetary & salary bills, informed related sources.

J&K Cements Limited has been non operative for last 2 years and owe a staggering Rs.300 crore liability.
JKCL was merged as a fully owned government company in December 1974 with the chief aim to make the quality cement available to the consumers at reasonable price.

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