Connect with us

Kashmir

Business outreach program emerging as strong financial player in J&K:Principal Secy Finance

Avatar

Published

🕒

on

IST

Srinagar, Oct 17: Principal Secretary Finance, Navin K Choudhary today urged the State Financial Corporation (SFC) to focus on expanding its business outreach program for emerging as a strong financial player in Jammu and Kashmir.

Navin made these remarks while chairing the 239th meeting of the Board of Directors (BoD) of SFC at his office chambers here. The meeting was also attended by SFC BoD members, Director Budget, Imtiyaz Wani and other officers of the Finance department.

“As chairman of the BoD, I am authorising you to take all the decisions which are in the interest of the corporation without coming to the Board for approval. The government is committed to help the SFC in emerging as a strong financial player,” he told the SFC management.

 

The Finance Secretary asked the SFC to compile a report on separate zones of financing, recovery and accounting procedure in order to fix responsibility of officers in future decisions that may impact the growth of the Corporation.

“For business promotion, the state government will go out of way to help the Corporation but you need to rework your business strategy keeping in view the changing market trends,” he said, while asking the Finance department officers to release Rs 1 crore for computerization of the Corporation and Rs 25 lakh for clearing VRS liability.

During the meeting, the minutes of the 238 meeting of the Board were confirmed as also the nomination of K Singh as Director on the Board under Section 10 (d) of the SFC Act.

The Board reviewed the performance of the Corporation from April 2018 to September 2018, the status of computerization and the loans sanctioned by the district heads of the Corporation.

The Board also discussed some cases related to settlements of loan accounts. The Finance Secretary directed the SFC officers to take a final view on cases where the end result of the process of settlement of loan accounts resonates with the broader financial outlook of the Corporation.


Advertisement
Loading...
Comments

Kashmir

Forge unity, not let regionalism, other prejudices divide us: Farooq

Avatar

Published

on

Srinagar, Mar 24: Jammu and Kashmir National Conference president Dr Farooq Abdullah on Sunday urged the people across the state to forge unity for addressing common challenges that the state is facing saying that he desires a society free from communal strife, social injustice and inequality.
Addressing a gathering of people at Batwara, Sonwar Abdullah said that the whole cluster of human virtues like empathy, compassion, kindness, generosity, and forgiveness forms the core of Islam and that the need of the hour is to imbue our lives with these intrinsic qualities of Islam.
“We should repent and ask for forgiveness from Allah Almighty. My father Sher-e-Kashmir drew his energy from the teachings of the Holy Prophet (PBUH). He withstood political shenanigans, oppression and confinements for the protection of the state’s special character and integrity. Now it is for the youth to shoulder that legacy of his, however we cannot put up a strong front against those as are inimical to the special constitutional position of our state unless we forge unanimity and not let regionalism, communalism and other prejudices divide us,” Abdullah was quoted by the spokesman as saying.
“Our state is facing a grim situation, the communal forces and their cronies in the state are contriving to destroy our special character, however it is up to us now to make clear to them how passionate we are about our integrity and special status,” he said adding, “The forthcoming elections provide us with a vital opportunity to clean the country and the state of communal filth. I am sure that people have made it a point to give a befitting reply to such forces as are hell-bent to destroy the pluralistic visage of the country.”
Party president later participated in the Fateha Khwani of late Ghulam Nabi Wani at his residence at Batwara. Party president visited the grief-stricken family of late Wani and personally extended condolences to Ex MLC Sheikh Ghulam Qadir Pardesi and YNC provincial president Ahsan Pardesi. He prayed for peace to the departed soul and strength to the grief-stricken family.

Continue Reading

Kashmir

Green Srinagar Initiative: Nearly 40 thousand tree saplings planted in first week since launch

Avatar

Published

on

Srinagar, Mar 24: Nearly 40 thousand tree saplings have so far been planted in institutions and individual households under the ambitious Green Srinagar Initiative which was launched on March 15 here.
Giving details the Deputy Commissioner Srinagar, Dr Shahid Iqbal Choudhary, said of nearly 40 thousand tree saplings of different varieties over 20 thousand saplings have been planted in 100 schools, over 12 thousand in different departments, about 1500 in different police stations, over a 1000 provided to different NGOs and about 3500 planted in individual households across Srinagar.
Dr. Shahid who is also the CEO of the Srinagar Smart City Limited which runs this initiative and oversees its implementation said the full target of planting 50 thousand tree saplings during the first phase of the project is expected to be achieved by the targeted date of first week of April.
The Green Srinagar initiative aims to make Srinagar green in the truest sense involving meaningful and smart plantation while bringing all plantation activities in the district under a single organized platform directing and managing them.
It also aims to gather and keep track of data of saplings planted in the district in order to ensure their post-plantation maintenance to get the desired results.
The project undertakes to plant 50 thousand Chinar saplings in addition to some 1.50 lac other tree saplings in schools and institutional areas and along avenues across the district during the first year. Plants exposed to public or vehicular movements are also being tree-guarded under the project.
Saplings have been made available at seven distribution centres set up at different locations one each in all seven zones of the district. Each distribution centre has been equipped with six workers and a dedicated vehicle for processing orders for saplings and undertaking plantation activities in areas falling within their respective zones.
Divisional Commissioner Kashmir, Baseer Ahmad Khan had flagged off a fleet of 10 dedicated green vehicles as part of the project launch on March 15.
Dr Shahid said besides the Green Srinagar mobile application the general public can call at phone numbers 7780819894, 6005830787 and 7006166039 to place their requests for plantation adding that order requests can also be emailed at greensrinagar@gmail.com.

Continue Reading

Kashmir

NC, PDP workers from Sonwar join Peoples Conference

Avatar

Published

on

Srinagar, Mar 24: In a major boost to Peoples Conference in Srinagar, more than 100 prominent NC & PDP workers from Sonwar joined Peoples Conference (PC) in presence of party chairman Sajad Gani Lone at Srinagar today.
Peoples Conference Chairman Sajad Gani Lone while welcoming the new entrants into the caravan of change said that PC is emerging as a strong and valiant pro-Kashmir and pro-people political alternative to the traditional family parties asserting there is widespread realization that PC is the only party which can mitigate the problems of people and take the state on a path towards prosperity.
“The people of Srinagar have been pushed against the wall and are facing a reign of economic persecution. The governance deficit in the previous regimes is responsible for economic dissatisfaction and political alienation in Kashmir. There are growing rumblings of discontent with the two parties. Now people of the state are yearning for change, they want an alternative to NC & PDP to take the state towards peace & prosperity”, he added.
Those who joined the party include NC Vice Block President Basharat Nazir Bhat, PDP youth leader Umar Mushtaq Mir, Halqa President PDP Shalimar Gazanfer Husain, NC Halqa President Balham Yaqoob Abbas, PDP’s Mohd Sarwar among others.
Urging the workers to work with commitment & zeal, Sajad asked them to serve the people selflessly to usher in an era of prosperity.

Continue Reading