Connect with us

Lead Stories

It is curtains for JAKFED

Mudassir Kuloo

Published

🕒

on

IST

SRINAGAR: Jammu and Kashmir government has kicked off the process to wind-up Jammu and Kashmir Cooperative Supply and Marketing Federation (JAKFED).

The decision to fold-up JAKFED has been taken against the backdrop of Rs 300 crore scam allegedly involving top bureaucrats and officers.

Government has formed a high powered committee headed by Administrative Secretary, Cooperatives, to start the process for winding up JAKFED. Representatives of Finance Department, Planning and Monitoring Department, General Administration Department, and Law Justice and Parliamentary Affairs have been made members of the committee.

 

The committee has been tasked to work out modalities including voluntarily retirement scheme for JAKFED employees. Around 224 employees are on the rolls of JAKFED which has been incurring annual losses of around Rs 3 crore. Currently its liabilities stand at Rs 70 crore.

“All the assets of JAKFED will be taken over by the government. Financial liabilities shall be settled by the Cooperative department through the sale of assets,” sources said.

Registered under the Jammu and Kashmir Cooperative Societies Act, 1989, JAKFED has been the apex institution in the Cooperative Sector for the last so many decades. The major activities of the Federation included procurement and distribution of fertilizer, building material, domestic gas etc.

Initially a profit earning organization, JAKFED was dogged by malpractices which became one of the reasons for its downfall.

Several probe committees were set up by government to inquire into the irregularities.

In one such report submitted to state government on August 31, 2000, Pillai Committee recommended “stern punishment” against officials involved in the scam. Later, a petition was filed in J&K State Accountability Commission against former Chief Secretary and 11 senior officials for their alleged involvement in the Rs 300 crore fertilizers scam in 1989.


Advertisement
Loading...
Comments

Lead Stories

UN chief could discuss Kashmir issue at UNGA: UN spokesman

Press Trust of India

Published

on

UN Secretary General Antonio Guterres is likely to use the opportunity of discussions during the high-level UN General Assembly session that begins here next week to raise the Kashmir issue, the UN chief’s spokesperson has said.

Spokesman for the Secretary-General Stephane Dujarric during the daily press briefing here on Thursday said that the UN chief has underscored the need for dialogue as the only way to resolve the issue and, “as part of the solution for the current crisis in Kashmir, to make sure that human rights aspects are very much dealt with, as well.”

“…On Kashmir, the Secretary General… has said previously, he remains engaged. I think he will also use the opportunity of discussions during the General Assembly to raise it,” Dujarric said, responding to a question on the situation in Kashmir.

On Wednesday, Guterres emphasised that “dialogue” between India and Pakistan is an “absolute essential element” for reaching a solution on the Kashmir issue, and said his good offices are available should both sides ask for it and called for full respect of human rights.

“Well, our capacity is related to good offices, and good offices can only be implemented when the parties accept it. And, on the other hand, it relates to advocacy, and the advocacy was expressed and will be maintained,” Guterres said during his press conference ahead of the UN General Assembly session.

Guterres was asked by a Pakistani journalist about the situation in Jammu and Kashmir and what will he do to bring a solution to the Kashmir issue.

“I go on with a clear opinion that human rights must be fully respected in the territory, and I go on with the clear opinion that dialogue between India and Pakistan is an absolutely essential element for the solution of the problem,” he said.

India has always maintained that Jammu and Kashmir is its integral part and ruled out any third party mediation, including either from the UN or the US, saying it is a bilateral issue with Pakistan.

The UN Secretary General has also repeatedly asserted that his good offices are available only if both sides ask for it.

Tension between India and Pakistan escalated after New Delhi revoked Jammu and Kashmir’s special status on August 5. Pakistan has downgraded diplomatic ties with New Delhi and expelled the Indian High Commissioner.

Pakistan has been trying to internationalise the Kashmir issue but India has asserted that the abrogation of Article 370 was its “internal matter”.

Pakistan Prime Minister Imran Khan has vowed to raise the Kashmir issue at the UN General Assembly (UNGA) session in New York on September 27. Prime Minister Narendra Modi is also scheduled to speak on the same day.

Continue Reading

Lead Stories

Amid Kashmir tensions, India will participate at SAARC meeting in New York

Press Trust of India

Published

on

NEW DELHI: Amid heightened Indo-Pak tensions, India will participate at the SAARC foreign ministers meeting scheduled to be held on September 26 on the sidelines of the UN General Assembly session, officials said on Thursday.

External Affairs Minister S Jaishankar and Minister of State for External Affairs V Muraleedharan will be present in the US next week and will hold bilateral and multilateral meetings.

Officials said India will participate in the South Asian Association for Regional Cooperation foreign ministers meeting that is scheduled for September 26.

The meeting on the sidelines of the UNGA could bring Jaishankar and his Pakistani counterpart Shah Mehmood Qureshi face to face for the first time after the abrogation of Article 370 provisions.

Asked about a possible meeting with his Pakistani counterpart as well as the future of the SAARC regional grouping, Jaishankar, at a press conference earlier this week, had said, “if and when I meet Pakistani Foreign Minister, we will see at that time what happens”.

The SAARC is about regional cooperation and that refers to trade, MFN, connectivity etc.

, he had said, adding that now every member knows which country is promoting SAARC and which one is impeding it.

Last year, then External Affairs Minister Sushma Swaraj had attended the SAARC Foreign Ministers meeting, usually held on the sidelines of the UNGA.

Continue Reading

Lead Stories

Plea alleges detention of children in Kashmir, SC seeks report

Agencies

Published

on

The Supreme Court on Friday sought a report from Jammu and Kashmir High Court on the alleged detention of children in Kashmir during curbs following the scrapping of Article 370 in the state on August 5.

Senior advocate Huzefa Ahmadi, representing child right activists Inakshi Ganguly and Shanta Sinha who have alleged detention of children in Kashmir, had on September 16 told the apex court that people in the Valley are not able to approach the high court there.

A bench headed by Chief Justice Ranjan Gogoi said it would entertain the petition regarding alleged detention of children in Kashmir as the plea has raised “substantial issues” regarding minors. The top court directed the Juvenile Justice Committee of the Jammu and Kashmir High Court to file a report before it within a week on the issue.

The Supreme Court also said it had received a report from the Chief Justice of Jammu and Kashmir High Court and claims that people are unable to access the court there are not supported.

“We have received the report from the chief justice (of Jammu and Kashmir High Court) which does not support your statement,” the bench also comprising justices S A Bobde and S A Nazeer told the counsel appearing for the petitioners.

The Supreme Court also sought response from the Jammu and Kashmir administration on a plea challenging detention of five persons in Kashmir following the abrogation of Article 370.

The bench asked Solicitor General Tushar Mehta, who was appearing for the Jammu and Kashmir administration, to file his response.

Continue Reading

Latest News

Subscribe to The Kashmir Monitor

Enter your email address to subscribe to this The Kashmir Monitor and receive notifications of new posts by email.

Join 1,020,325 other subscribers

Archives

September 2019
M T W T F S S
« Aug    
 1
2345678
9101112131415
16171819202122
23242526272829
30  
Advertisement