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Funds Mismanagement Allegations In AHSIDC Baseless: MD

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HT Bureau,

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DIPHU, March 17: The managing director (MD) of Assam Hills Small Industries Development Corporation Ltd. (AHSIDC), Karbi Anglong NC Hills (KANCH), Dhansing Lekthe said the AHSIDC is trying its best to promote KANCH brand in Karbi Anglong and outside the district.

Lekthe was clarifying on the news aired by a particular news channel alleging that there was mismanagement of funds in AHSIDC, Manja. The news channel alleged that the fund provided by the government for running the KANCH is being misused by Lekthe.

Staff working at KANCH were not getting their salaries and due wages. Lekthe said the news report is baseless and fabricated.

It can be mentioned that AHSIDC is an Assam government undertaking with its registered office at Dillajee, Diphu. It has its industrial complex at Manja. The company was set-up on March 27, 1962 in Shillong. At AHSIDC industrial complex, Manja and under the brand name of ‘KANCH’ has bottling plant, packaged drinking water plant, fruit juice bottling plant, turmeric powder packaging plant, pickles processing plant, mustard oil extraction and bottling plant and citronella oil distillation plant. The company is under the Hill Area Department.

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Clarifying the allegation in a press conference held at KANCH industrial complex, Manja, the MD said, “AHSIDC was set-up in 1962 and for 56 years the company was running smoothly. In between due to lack of support from the government it became a dying plant. In 2011-2012 the company received fund of Rs. 30 lakhs from Karbi Anglong Chemicals Pvt. Ltd., and with this amount we try to revive the sinking KANCH firm.”

He further said, “With lots of ups and downs and working day and night to bring KANCH to this level, there are some people trying to malign the image of the Company.”

He also informed that 2018 to 2021 the company has not received any fund from the government. But in 2021-22 it received an amount of Rs. 2 crore and could purchase bigger machines to be used in various plants.

Lekthe further said that there are difficulties in running the industry, but salaries to staff and workers are paid regularly in two or three month’s intervals. Salaries to staff are given from the profit received from selling KANCH products. To run the company better, sufficient working capital is needed.

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