K V R Murthy new chairman-cum-MD at Jute Corp of India

Posted on:13 Jul 2016 09:31:56
K V R Murthy new chairman-cum-MD at Jute Corp of India
13 July 2016 Current Affairs: K V R Murthy has taken over as chairman-cum-managing director of the Jute Corporation of India Limited from July 2.

His appointment is for a period of five years or till the date of his superannuation, whichever is earlier.

Murthy was earlier associated with Eastern Railways in the capacity of Chief Commercial Manager. PTI BSM DKB JM MKJ.

Jute Corporation of India : The Jute Corporation of India Ltd. (JCI) is based in Kolkata, is an agency of the government of India that assists jute cultivators in states where this crop is grown, providing minimum price support. An audit issued in February 2010 identified various deficiencies in the JCI operations that were severely handicapping its effectiveness.

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