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JK Bank conferred with prestigious SKOCH Award

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Srinagar, Dec 23: J&K Bank Chairman and CEO Parvez Ahmed received the prestigious SKOCH Award in Banking and Finance Silver Category for the establishment of thirty-five J&K Bank Easy Payment Units in Leh Ladakh Region leading to a revolutionary inclusive banking and rural expansion, which was recognized at the 55th SKOCH Summit held at the Constitution Club of India, New Delhi.
The award was conferred by the Chairman, SKOCH Group Sameer Kochchar, Managing Director & Editor SKOCH Dr Gursharan Dhanjal. The Summit was inaugurated by Suresh Prabhu, Union Minister for Commerce & Industry and Civil Aviation who was conferred the Golden Jubilee SKOCH Challenger Award, 2018.
The 55th SKOCH Summit was themed on the Economic Manifesto in which various speakers including noted Economist & Member House of Lords UK, Lord Meghnad Desai; 15th Finance Commission NK Singh; Chairman, Economic Advisory Council to PM Dr Bibek Debroy, Dr Aruna Sharma, Distinguished Fellow, SKOCH Development Foundation & Former Secretary, Government of India, Baroness Sandip Verma, Member, House of Lords, United Kingdom participated. The summit also held panel discussion on ‘Deciphering Digital Economy Policy’ and ‘Ambassadors of Soft Power India’ by eminent domain experts and politicians bringing leading politicians and experts from Politics, Finance, Technology and Diplomacy on one platform.
The Bank also received two Order of Merit citations having been rated and qualified on three parameters; early evaluation, jury evaluation and popular vote which were received by Parvez Ahmed inthe presence of President & Zonal Head Ladakh Chetan Paljor and Zonal Head Delhi Fayaz Siddiqui.
While dedicating the recognition to the people of Leh- Ladakh Chairman & CEO JK Bank reiterated Bank’s commitment to serve the people to the last mile through its round the year services regardless of climatic or topographic challenges. He asserted, “Our mission is to be instrumental in improving the economic profile of our people which can only happen when we improve the credit penetration in the state by expanding our footprint to lend more in the productive sectors especially to the entrepreneurs. We intend to map the whole geography in the state in such a manner that nobody in the state should be travelling more than 5-10 Km for availing the banking facilities. Concomitantly the aim is to formalize the savings to channelize for productive deployment besides unshackling the people from the exploitative informal channels of lending. The Bank upon the success of the Payment Units in Leh-Ladakh will now be scaling the model to other remote and challenging locations of the state of Jammu and Kashmir.”
The JK Bank’s Easy payment unit project was selected after a stringent multi layered evaluation procedure including whetting process based on desk and secondary research followed by an evaluation and presentation process judged by the industry experts and noted panelists over numerous parameters including innovation and social impact; qualified by the team of Bank’s Chairman Secretariat, Jammu followed by an online voting process at Twitter and thus went on to bag the prestigious award out of more than forty entries from various banks and financial entities in the category of Financial Inclusion and Rural Expansion.
The JK Bank Easy Payment Units to financially include all the 111 villages in Leh Ladakh were inaugurated by the Governor J&K State, Satya Pal Malik who had cited the bank’s initiative a great service and facilitation to the people bringing inclusive growth regardless of economic background and contributing towards the steady development of the state economy.
Notably SKOCH Group is India’s leading think tank dealing with socio-economic issues with a focus on inclusive growth since 1997. In the past, the SKOCH awards have been conferred to Venkaiah Naidu, Vasundhara Raje, Shivraj Singh Chouhan, Deepak Parekh, Rana Kapoor, Naina Lal Kidwai, Dr Bibek Debroy, Nandan Nilekani, P. Chidambaram, Sam Pitroda, Dr C Rangarajan, Prof Indira Rajaraman among others. The Group has instituted India’s highest independent civilian honors in the field of governance, finance, technology, economics and social sector.


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State

Government response to LD incident inadequate: Justice Masoodi

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Srinagar, Jan 20: Justice Hasnain Masoodi (Chairperson Selection cum Oversight Committee) has expressed dissatisfaction with the response of State Government to LD hospital incident.
In a statement issued, it is pointed out that restricting the enquiry to one Doctor on duty would not suffice in view of gravity of the incident. He has demanded full-fledged enquiry into overall working of Associated Hospitals in general and LD Hospital in particular.
It is stated that the recent incident should not be taken as an isolated incident but one depicting insensitivity of the Hospital administration to Juvenile issues and Rights of the Children as also failure on part of the Associated Hospitals Administration in inculcating the sense of discipline and responsibility on part of the Medical staff while dealing with such emergencies.
Justice Masoodi has reiterated that the Right to be born and Right of Survival are important Rights of the Child and as is being emphasized while implementing the Integrated Child Protection services (ICPS) in the State.
In the present case it is stated that both the Rights of the Girl Children were infringed. The statement also underlines the importance of a broader enquiry to look into the Non Availability of Medical care to pregnant women and new born babies at District Hospitals, so that the steps are taken to ensure that unnecessary pressure is not mounted on Tertiary hospitals like LD hospital.
Child Welfare Committee Srinagar has been directed to monitor and come up with the update of Investigation in the matter. SCOC proposes to bring the incident to the notice of High Court as well as the High Court Juvenile Justice Committee, so that recurrence of such incidents is ruled out in future.

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Samoon reviews relocation of Sheep Breeding Farm Dachigam

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Srinagar, Jan 20: The Principal Secretary, Animal and Sheep Husbandry, Fisheries and Transport, Dr. Asgar Hassan Samoon today reviewed functioning of Sheep Husbandry Department and stressed for early setting up of Sheep Breeding Farm at Khimber.
Seeking details regarding the Khimber project, the Director Sheep Husbandry Dr Mehraj ud Din informed the Principal Secretary about the status of establishment of Sheep Breeding Farm project at Khimber both in terms of funding by NABARD and issuing of NOC’s by allied departments.
Dr. Samoon took up the issues with NABARD regarding the funding of the project and directed them to release the first installment of the funds at an earliest and ensure that the next two installments are also released at appropriate time so that the project is completed well in time.
The Principal Secretary asked Secretary Lakes and Waterways Development Authority to issue NOC regarding the fencing of the Sheep Breeding Farm and directed Chief Engineer R&B and the concerned Executive Engineer to accelerate the works forthwith so that the said farm is made operational well in time.
The meeting was attended by Additional Commissioner Kashmir Dr. Abdul Salaam, Chief Engineer R&B Sami Arif, Secretary LAWDA, Assistant Commissioner Revenue, representatives from NABARD and other allied departments besides departmental officials.
In another meeting, the Principal Secretary reviewed functioning of Transport Department and directed the concerned officials to provide relief to private transporters owning condemn vehicles by providing capital subsidy of Rs. Five lac for procuring new vehicles.
The meeting discussed the operationalisation of SRTC complex at Tourist Reception Center by the government.
Seeking details regarding the SRTC Complex, the Principal Secretary was informed that earlier the work on this complex had got stopped due to construction of Tehzeb Mahal at the site but now government has cancelled that project and SRTC has once again taken it back in its own possession to restart the work.
The meeting was also informed that Indian Oil Corporation has readily accepted to fund the construction costs of the complex.

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DSEK holds meeting with CEOs about PMSSS

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Srinagar, Jan 20:Taking forward the awareness campaign with regard to Prime Minister’s Special Scholarship Scheme (PMSSS), Director School Education, Kashmir, Dr. G N Itoo today convened a meeting of all Chief Education Officers for their direct interaction with Professor Ajeet Angral, Consultant PMSSS, AICTE (MHRD).
Professor Angral sensitised the participants about the features and mechanism of the scholarship scheme. While giving a detailed presentation about the benefits of the scheme, Professor Angral highlighted the different components of the PMSSS under which various general and professional courses are sponsored by the MHRD for the eligible students of Jammu and Kashmir.
On this occasion, Director School Education, appealed the eligible students to take maximum benefit of the scholarship scheme. To reach out to the students in larger number, the Director enjoined upon all Chief Education Officers to organise mega counselling/awareness programmes about PMSSS and it was agreed upon in the meeting that from first week of February 2019, series of counselling programmes shall start in all districts of Kashmir so that the eligible students are made well aware about the scheme before the AICTE portal opens on 10th April, 2019 for registration.
Pertinently, an online counselling programme was organised by the Directorate of School Education, Kashmir, with Processor Angral through ICT Labs on 19th Jan 2019 in which more than three thousand(3000) students of 83 Higher Secondary Schools across Kashmir participated and a Tele Classroom counselling on PMSSS was also aired through DD Kashir today in which students interacted online with Professor Angral and Director School Education, Kashmir.
Joint Director (Central and North) and other officers of Directorate were also present in the meeting.

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