Jammu, March 14: Advisor to Governor KK Sharma Thursday underlined the need for redefining the working of the Financial Corporations to bring in additional vigour in their functioning and help them remain relevant in the financial scenario in the state.
The Advisor said this while speaking at the Board of Directors meeting of Jammu and Kashmir State Financial Corporation (JKSFC) here today.
Principal Secretary, Finance, AK Mehta, Managing Director, JKSFC, Muhammad Farooq Thoker, Board of Directors, Senior President, J&K Bank, T.S. Bali, Divisional Manager, Life Insurance Corporation of India, besides other concerned officers were present on the occasion.
During the meeting, the Advisor was also briefed about operations, profitability, services and resource position etc of the Corporation besides problems confronting the Corporation.
The Advisor said that an intervention is necessary so that these Corporations can emerge as financial facilitators for state artisans; agro-based and allied activities, MSMEs and others.
He stressed the need for formulation of an effective working plan with the adoption of innovative measures besides healthy technological interventions.
Sharma emphasized on reorganizing human resources for the purpose of making it better organized for Corporation’s present needs. This, in turn, will help in generating revenue for the Corporations, he added.
While asking the officers to undertake structural reforms in the Corporation, the Advisor said that the same is necessary to make its functioning more result oriented besides also having the requisite mechanism for ensuring the recovery of the loans.
He said that the Corporation should set targets for ensuring profitability and become economically more vibrant and also self-sustaining.
The Advisor asked the officers of the Corporation to come up with a comprehensive new Draft plan taking into consideration the means and ways of replacing the model of lending pattern to the aspiring entrepreneurs and making it more vibrant.
He said to boost economic development and providing financial independence, it is necessary to help create opportunity areas for ventures in industrial, transport and service sectors of the state economy and then actively assist in their promotion.
While highlighting the need for undertaking measures for capacity building of the Corporation, the Advisor directed for taking measures for training the human resource so that they are made acquainted with the latest interventions.
Sharma also directed immediate computerization of the records so that the working of Corporation is made more efficient.
Come clean on alliance with Congress: Rasheed to NC
Srinagar, March 25: AIP President Er Rasheed has asked NC to come clean on its alliance with Congress.
While addressing media person, Rasheed said that Lone’s claim speaks volumes about double standards NC has been following since 1947.
“So-called secular forces seem to be having just one agenda to grab power and play with the sentiments and emotions of Kashmiris. While Farooq Abdullah talks day and night of supporting congress but NC’s parliamentary candidate Mohammad Akbar Lone calls Congress more evil and harmful than BJP and both Congress and NC need to tell the truth about their agenda of exploitation and vote to grab politics. If Congress is eviler than BJP how can the party support Congress in Jammu, Poonch and Srinagar parliamentary seats,” Rasheed was quoted by the spokesman as saying.
“Lone’s statement, may turn right, and NC may tie up with BJP in near future,” Rasheed added.
Accusing Raja Aijaz Ali of exploiting the sentiments of Pahari community Rasheed said that just being a member of a particular community does not mean that any person has a right to mislead the deprived people of that community. “Going by Raja Aijaz’s logic he should not then even dare to seek support from other communities and ethnic groups,” Rasheed said.
Lashing out at PDP Rasheed said that Mehbooba Mufti can go to any extent to get power and can join hands with anyone and speak anything which she may never believe in.
He said that 2019 parliamentary election is a test check to the wisdom and political maturity of masses and if they want their sentiments and emotions to be represented in the parliament they have no option but to vote for AIP. Appealing masses to donate money for his election campaign, Rasheed asked people to judge his ten years tenure as MLA before deciding to vote for any particular party and ask their conscience who can represent them better in parliament.
Geelani, Hurriyat (M) denounce arrest of separatist leaders
Srinagar, March 25: Hurriyat (g) chairman, Syed Ali Geelani and Hurriyat (m) on Monday condemned the mass crackdown and arrest of Hurriyat leaders and activists, booking them under PSA and shifting them to outside jails, terming it as a sheer “political vendetta and totalitarian.”
In a statement, Geelani said, “The rhetoric of Delhi being the world’s largest democracy is mere hoax and deceit as its highhandedness has tarnished every fabric of democratic norm.”
Condemning the shifting of Amir Jamaat-e-Islami Dr Hamid Fayaz to Kuthwa and crackdown on Jamaat-e-Islami, JKLF and other Hurriyat leaders and activists, Hurriyat chairman said that every political event brings a bad of worries and miseries for the helpless inmates of Jammu and Kashmir.
Meanwhile, Hurriyat (m) in a statement condemned the ban on JKLF and said raids being conducted on front activists and leaders across Kashmir in an open attempt to crush the peoples’ genuine right to dissent.
Hurriyat also strongly condemned the fresh assault on the Kashmiri engineering student in Bangalore stating that the way Kashmiri students studying in various parts of India are being intimidated, harassed and thrashed, it is forcing them to come back and leave their colleges which putting their future at stake. It said that the primary responsibility of the governments of these states where Kashmiri students are studying is to ensure the safety and security of all the Kashmiri students so that they are not forced to flee.
Hurriyat also denounced repeated CASO in Shopian villages and said that irrespective of their age including the youth are being harassed and intimidated and caused great inconvenience.
Faesal starts public reach out in Kupwara
Kupwara, March 25: Jammu and Kashmir Peoples’ Movement (JKPM) under the leadership of Dr Shah Faesal launched it’s Public Reach-out’ campaign starting from the frontier district, Kupwara to understand the people’s grievances, demands and problems.
The spokesman said that in its first public reach-out, JKPM team visited various villages and held interactions with the delegations from Bumhama, Dodawan, Nag Sarai, Mudmadu, Thyan, Huayhama, Hayhama B, MerNag, Kupwara town, Doniwari, Wowura, Chepora, Chaiwan and Mudanpora.
A team comprising Dr Shah Faisal, Chasfeda Shah, Shah Mubashir, Dr Mustafa, Perzada Feroze, Zameer Ahmad Shah, Iqbal Rather, Feroz Wani, Arshid Nazir Paray, Ghulam Ahmad Shah, Nazer Ahmad Khan and Dr Zahoor Ahmad Bhat was overwhelmed by the response from the people hoping that Faesal will work for the common people, find a solution to the vexed Kashmir issue and give them an alternative from the traditional “oppressive dynastic politics”.
The spokesman added that “Reach-out” campaign is primarily focusing on bringing social awareness which is viewed as the precursor for the political revolution that JKPM has envisioned. Under the dynamic leadership of Dr Faesal JKPM will reach out to all the villages and remotest areas of the state to give them a say in determining their future, development and prosperity.
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