Business & Economy - Page 3

Jawahar tunnel to remain open 24×7 for transportation of fruit

Jawahar tunnel to remain open 24×7 for transportation of fruit   SRINAGAR, SEPTEMBER 23: Minister for Horticulture, Syed Basharat Bukhari saturday directed for making Jawahar tunnel operational round the clock during fruit season to ensure smooth, safe and timely transportation of horticulture industry produce to outside the State. Bukhari was chairing a meeting to review

Asiea Naqash represents JK at Real Estate and Infrastructure Investors’ Summit 2017 at Mumbai.

  MUMBAI: Minister of State for Health and Medical Education, Housing and Urban Development, Asiea Naqash represented J&K at Real Estate and Infrastructure Investors’ Summit 2017 at Mumbai. The summit is organized by Ministry of Urban Development, Housing & Urban Poverty Alleviation, Government of India to attract private equities and foreign investments from across the globe. The conclave was


Udaan extended till Dec 2018 for JK

SRINAGAR: The Union Cabinet today extended the time period for Udaan – the Special Industry Initiative (SII) for Jammu and Kashmir till 31 December 2018. Udaan is a centrally funded skill enhancement scheme for J&K youth implemented by National Skill Development Corporation (NSDC). It is a special initiative to address the needs of the educated


Netherlands to assist JK to develop hi-tech horticulture infrastructure

Srinagar: Assuring all possible help and assistance, the ambassador of the Kingdom of the Netherlands (Holland), Alphonsus Stoelingaa said that the Government of Netherlands looks forward to collaborating with the Government and farmers of J&K in hi-tech Horticulture infrastructure development To inspect demonstration projects of High Density Apple orchards established by Sher-e-Kashmir University of Agricultural Sciences and

LPG agency told pay Rs 5000 to consumer for delaying cylinder

Srinagar: District Consumer Protection Forum has asked a local LPG distributor to pay Rs 5000 to a local LPG agency as compensation to a complainant for long delay in supplying the cylinder. The complainant— Peer Noor-ul-Haq—submitted that he, having the gas connection of the distributor of HP gas, was provided only three gas cylinders from

Specialised Nuero-Surgery OPD’s in Ramzaan Hospital Srinagar in association with Paras Hospital

Srinagar: Paras Hospitals Gurgaon in association with Ramzaan Hospital Srinagar launched specialised Nuero-Surgery OPD’s in Srinagar on Saturday. The announcement was made in a presser in a local hotel in Srinagar. The two day OPD and IPD facilities, 16th and 17 September, will be open at Ramzana Hospital. Dr. Zaffer Saleem Khanday, Paediatric Surgeon Ramzaan

After police, JKB to have more institutional tie-ups in J&K

Srinagar: J&K Bank on Friday said that it was in the process of executing business tie-ups through memorandum of understanding (MoU) with most of the government, semi government and other institutions of the state.  “We are a commercial organisation and a responsible corporate citizen. It makes immense sense for us to enhance our reach within

J&K Bank ATM network grows to 1126

Srinagar: J&K Bank commissioned two more ATMs today; one at Pulwama in Kashmir and the other at Kathua in Jammu, amid good gatherings of valuable customers, senior citizens and local businessmen.  The total number of ATMs has gone up to 1126 consisting of a strong network of 1033 ATMs in J&K alone. According to a statement

JK Bank organises welcome programme for IIT students at Jagti

Srinagar: J&K Bank organized a two-day welcome programme for the new students of IIT Jammu in the new campus at Jagti. The institution has been made operational from the current academic year. The new students for current academic year who reported for registration were welcomed by the Bank with light refreshment and were provided on

J&K Bank translates CM’s desire for support, single window clearance system for entrepreneurs

Srinagar: In line with the directions of J&K Chief Minister Mehbooba Mufti to facilitate hassle free support to the entrepreneurs and ensure speedy disposal of projects through single window clearance system, J&K Bank today dedicated a full-fledged Business Unit and a Satellite office of Sher-i-Kashmir Employment & Welfare Programme for Youth (SKEWPY) Department at JKEDI Complex

JK known for distinctive artistic creations: Farooq Abdullah

SRINAGAR: Member of Parliament, Dr Farooq Abdullah Monday said that Jammu and Kashmir is known for its artistic creations in hand woven Pashmina shawls but added that the heritage industry is facing threat from machine made products. The Member Parliament was speaking at a function organized by Weavers Service Centre to mark the National Handloom

Well oriented policy must to sustain Handloom sector: Nizamudin Bhat

SRINAGAR: Vice Chairman Handloom Development Corporation, Nizamudin Bhat today said that a well oriented policy is needed to put the handloom sector back on track and sustain it. On the occasion of National Handloom Day, the Vice Chairman said that Jammu and Kashmir seems losing against less-known states in the national market and there is

‘Saffron Spice Park’ at Dussu to be commissioned soon : Hanjura

SRINAGAR: Minister for Agriculture Ghulam Nabi Lone Hanjura today said that the Saffron Spice Park at Dussu, Pampore is likely to be completed by the end of this month. The park costing Rs 37 crore is getting constructed under National Saffron Mission (NSM). The information was revealed by the Minister while addressing a two-day national

3-day Gurez Festival concludes

GUREZ: The 3-day long Gurez Festival organized by the Department of Tourism concluded here on Monday. The festival which started on August 5 saw an overwhelming response from the locals and the adventure enthusiasts. The festival saw various events including cultural programs by locals, adventure events like mountain biking in Dawar and Tulail Valley, white

Abdul Haq meets Kashmiri students in Mumbai

Srinagar: On the directions of Chief Minister Mehbooba Mufti, Minister for Rural Development Panchayat Raj, Law and Justice, Abdul Haq Khan today met Kashmiri students studying in various colleges of Mumbai to get the firsthand account of the issues being faced by the students outside their state. While interacting with the students, Minister asked the

FCS&CA Deptt to implement GIS at FPS, Sale Centres: Zulfkar

SRINAGAR: Continuing with his efforts to strengthen the monitoring system in the department, Minister for Food, Civil Supplies and Consumer Affairs (FCS&CA), Chowdhary Zulfkar Ali today informed that the department is gearing up for geo-tagging of its assets through Geographical Integration System (GIS). The announcement was made during a departmental review meeting, where the Minister

Kansal reviews progress on redress of issues of Kashmiri artisans

SRINAGAR: Principal Secretary to the Chief Minister, Rohit Kansal convened a meeting here today to review the progress on the redressal of issues faced by Pashmina weavers, manufacturers of copper utensils and fur artisans. The meeting was attended by Deputy Commissioner Srinagar, Director Industries and Commerce Kashmir, Additional Commissioner Kashmir, Officers from Handloom, Power and

Deputations of artisans meet CM

Srinagar: Chief Minister, Mehbooba Mufti has stressed on preserving and promoting the handmade arts of Kashmir for which she asked the concerned agencies to take all possible steps. The Chief Minister was interacting with a series of deputations of artisans and dealers of handicrafts, Pashmina workers, copper workers and fur workers. The deputations were led

Govt working on larger canvass to revive handicrafts sector: Drabu

SRINAGAR: Calling for revival of the traditional handicrafts sector in Jammu and Kashmir, Minister for Finance, Dr Haseeb A Drabu, today said the tax immunity enjoyed by the industry in the previous indirect taxation system will continue under the Goods and Service Tax (GST) regime. “I have already written to the GST Council and the

Gulmarg Gondola reopens for tourists

GULMARG: The Cable Car at the ski resort of Gulmarg in north Kashmir was today reopened for tourists after reinforcing the necessary safety measures following the tragic accident which took place on June 25 this year. Legislator, Mohammad Abbas Wani, Secretary Tourism & Information, M H Malik, Managing Director State Cable Car Corporation, Shamim Ahmad

JK Bank organizes car dealers’ meet at Jammu

Srinagar: With a view to educate relevant stake-holders about Car Loan and its hassle-free processing, J&K Bank organized a car-dealers meet at its Zonal Office in Jammu. Representatives of all the major car-dealers from Jammu like Jamkash Vehicleades, Peaks Auto, Jammu Motors, Pace Hyundai, Hill View Honda, Maple Honda, Shree Toyota, Tawi Ford, Nissan Shuhul,

Govt to safeguard consumer rights during transition to new tax regime: Zulfkar

JAMMU: Minister for Food, Civil Supplies and Consumer Affairs (FCS&CA) and Information Choudhary Zulfkar Ali today chaired a meeting to discuss the impact of GST on unsold stock of pre-packed commodities. The officers of Commercial Taxes, Legal Metrology and FCS&CA discussed preventive measures to check profiteering on unsold stock of pre-packed commodities after the implementation

JK bags best ‘Honeymoon destination’ award

NEW DELHI: Jammu and Kashmir has been conferred with the best Romantic Honeymoon destination award at 5th International Travel- Tourism Conclave & Travel Awards (ITCTA) ceremony held here the other day. The award was received by Additional Secretary Tourism, Gulzar Ahmad Shabnam on behalf of the Tourism Department. The Function was attended by Tourism stakeholders

Tourism Deptt organizes maiden trek to Bangus Valley

SRINAGAR: In order to promote new tourist destinations, the department of Tourism Kashmir and Jammu and Kashmir Mountaineering and Hiking Club flagged off 115 members to Bangus Valley for one day trekking. The members boarded the buses at Tourist Reception Center (TRC) Srinagar 5:30 am to reach Kupwara and from Chowkibal the participants trekked to

Revamping JKSFC: Govt to start buyback of shares

SRINAGAR, JULY 30: Finance Minister Dr Haseeb A Drabu today called for exploring alternative fiscal models for revitalizing the Jammu Kashmir State Financial Corporation in order to make it profitable by exploiting its strong points. The Minister was speaking at the 57th Annual General Meeting of the Shareholders of the Corporation here today. The meeting

Hakeem seeks CM’s personal intervention for Doodhpathri Gandola Project

Khansahib: The Chairman, J&K Peoples Democratic Front (JKPDF) and MLA Khansahib, Hakeem Mohammad Yaseen has sought personal intervention of the Chief Minister, Mehbooba Mufti for development of Doodhpathri Tourist place in Khansahib Constituency especially for construction of the proposed Cable Car Project, for which final DPRs are awaiting green signal of the Government since last

Morocco approves Islamic banking service

Rabat: The Sharia Committee of the Moroccan government on Tuesday approved the operations of Islamic banks. The permit came in a book issued by Bank Al-Maghrib, the central bank in the country, for the participating banks which want to open Islamic channels within their services. Islamic banking institutions will begin marketing their services to the

JK Bank Chairman inaugurates new premises, ATM at B B Cant

Srinagar: We are in the process of redefining our customer service. My vision for the bank is that customers across classes, geographies, age and gender should come to us out of choice. Our unique selling proposition (USP) is customer relationship and the best range of products and services we provide to the people of this

Dy CM for expediting new initiatives in hydroelectric, solar power sectors

SRINAGAR: Asking the officers to speed up the process of implementation of various initiatives in the power sector especially the hydroelectric and solar energy, the Deputy Chief Minister Dr Nirmal Singh today said these initiatives would ensure sufficient amount of electricity is generated and provided to the consumers. The Deputy CM was addressing officers during

‘Governance deficit pushes people to wall’

Banihal: National Conference District President Sajjad Shaheen on Wednesday slammed PDP-BJP duo for plunging Jammu and Kashmir into unprecedented political uncertainty and sowing seeds of discord among people. “The coalition seems to have been tailored to implement a peculiar agenda, which is why the governance is at the lowest ebb and development has taken a

Abdul Haq highlights role of Gram Sabhas in rural development

RAMBAN: Minister for Rural Development and Panchayati Raj, Abdul Haq, Wednesday highlighted the role of Gram Sabhas in the development of rural areas and stressed on the people to take active part in the base level institutions for ensuring desired infrastructural development. The Minister said this during a public meeting at Banihal in Ramban district

Ashraf Mir chairs Estimates Committee meeting

SRINAGAR: A meeting of the Committee on Estimates of Jammu and Kashmir Legislative Assembly was held here today under the Chairmanship of MLA Mohammad Ashraf Mir to review the functioning of PHE, Irrigation and Flood Control Department. Legislators Mubarak Gul, Hakeem Mohammad Yaseen, Ch. Sukhnandan Kumar, Abdul Majeed Padder, R S Pathania, Altaf Ahmed Wani,

JK Govt bans online sale of cigarettes

Srinagar: In order to discourage the consumption of tobacco products by the public, especially the younger generation of state, the Government today vide circular number HD/Coord/27/2017 dated 24/07/2017 has put a complete ban on the sale(including online sale) manufacture, distribution, trade, import and advertisement of Electronic Nicotine Delivery System (ENDS)/e-Cigarettes in the state with immediate

J&K adjudged ‘Best Adventure Destination’

Bangalore: J&K was adjudged yet another time as the Best Adventure Tourism Destination in one of the India’s largest travel shows – Indian International Travel Mart (IITM) – which concluded on Sunday in Bangalore. Director Tourism Kashmir Mahmood A Shah, received the award at the hands of Minister of Tourism Development and Christian Religious Affairs

Zulfkar for technological intervention to ensure transparency, accountability

JAMMU: Minister for Food, Civil Supplies and Consumer Affairs and Information Choudhary Zulfkar Ali today inaugurated ’Command and Control Centre’ at Directorate of Food, Civil Supplies and Consumer Affairs, Channi Himmat. Commissioner Secretary Food, Civil, Supplies & Consumers Affairs Shafiq Ahmed Raina, Director Food, Civil, Supplies & Consumers R A Inqlabi, Joint Director Information, Manisha

Govt working towards JK sustainable development: Mir Zahoor

SRINAGAR: Minister of State for Forest, Environment, Animal & Sheep Husbandry, Cooperative and Fisheries, Mir Zahoor Ahmad has said that the sustainable development of Jammu and Kashmir State is the mission of the present Government headed by the Chief Minister Ms Mehbooba Mufti. He said in this regard various initiatives are under way and the

Drabu approves creation of Jammu & Kashmir Civil Supplies Corporation

SRINAGAR: In a significant decision, Minister of Finance, Dr Haseeb Drabu, today gave approval to the creation of Jammu Kashmir Civil Supplies Corporation that will change the face of Public Distribution System in the State. The Minister said the Corporation will be the sole agency for procurement of food grains under Public Distribution System while

Govt strengthening women SHGs to make them self reliant: Abdul Haq

PULWAMA: Minister for Rural Development Panchayat Raj, Law and Justice, Abdul Haq today said the government is committed to strengthen women Self Help Groups (SHGs) by providing every possible assistance to them aimed at eradicating rural poverty and to achieve overall development of rural economy. Minister said this while reviewing the functioning of State Rural

Zulfkar for expediting shifting of oil depots from Jammu city

SRINAGAR: Terming the safety of people prime concern of the government, Minister for Food, Civil Supplies and Consumer Affairs (FCS&CA) and Information, Choudhary Zulfkar Ali today asked the all the concerned agencies to expedite the process of shifting of oil depots from Jammu city to less populated areas. Speaking at a meeting convened to review

Drabu for incentivizing JK’s skilled labour

SRINAGAR: Minister for Finance, Dr Haseeb Drabu today said the revision of minimum wages for the scheduled employments should be effected in accordance with the skills, inflation and other economic factors. “There should be reasonable hike for all labor classes in accordance with the inflation and other economic factors,” Dr Drabu said while chairing a

Abdul Haq dismayed over unimpressive performance under MGNREGA in Pulwama

PULWAMA: Expressing dismay over mediocre performance in implementation of MGNREGA in Pulwama, the Minister for Rural Development, Abdul Haq today took a serious note of fewer man-days generated in the district. He has ordered initiation of action against the non-performing officers in the district. Speaking at a meeting convened here to review the status of

Zulfkar inaugurates FCS&CA surveillance system, TA centres

SRINAGAR: Minister for Food, Civil Supplies and Consumer Affairs (FCS&CA) and Information, Choudhary Zulfkar Ali today inaugurated Command Control Room and Tehsil Accounts Section here at FCS&CA Directorate. The Minister was accompanied by Secretary FCS&CA Shafiq Raina, Director FCS&CA Nisar Ahmad Wani and other concerned officers of the Department. The Minister was informed that the

Veeri for institutional asset creation in JK

BUDGAM: Minister for Revenue, Relief, Rehabilitation, Reconstruction and Disaster Management, Abdul Rehman Veeri, today stressed on the need for institutional asset creation for the sustainable Development of the State. He was speaking at the inauguration of Revenue Complex Budgam here. Minister for Agriculture, Ghulam Nabi Lone Hanjura was also present on the present. The mega

Mehbooba pitches for reopening of more trade routes along LoC

Uri: Echoing the former Prime Minister Dr Manmohan Singh, Chief Minister Mehbooba Mufti Tuesday said bordered cannot be changed but the physical line can be removed to allow the people of the divided Jammu and Kashmir to meet. “We cannot change the borders but we can remove the line (Line of Control) so that people

Radiation from Mobile towers poses grave health risks: DC Shopian

Shopian: The Deputy Commissioner Shopian today convened a meeting to review the erection of mobile towers in the district. The meeting was attended by Managers od various Kashmir based tele companies like Reliance Jio, Airtel, Aircel, Vodafone, ATC, ITII, Tower Vision, ACHME and BSNL. It was informed that Birds are the worst victims of radiation,

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