Jammu, Mar 8: With a view to provide liberal finance to exporters of the state and meet their expectations, J&K Bank, the convenor, Friday organized the 10th Sub-committee meet of State Level Bankers Committee (SLBC) for export promotion here at the Bank’s Zonal Office Jammu.
The Bank’s Executive President R.K Chhibber chaired the meeting attended by General Manager RBI Jammu H K Soni, Bank’s President/CFO Rakesh Gandotra, Joint Director, Directorate of Industries & Commerce Trishala Kumari besides Bank’s Vice President Arshad Hussain Dar, Zonal Head J&K Bank Sudhir Gupta and representatives from various government agencies, trade bodies and representatives from other banks.
All the issues related to extending liberal finance to exporters at concessional rate of interest were discussed during the meeting.
Executive President R K Chibber requested the banks and impressed upon them to provide the data to the SLBC Secretariat with respect to the exports for more fruitful interaction in future.
Speaking on the occasion and sharing his experience with other exporters and business community, President of J&K Walnut Exporters Association, Gagan Jain appreciated the good work done by the banks, particularly J&K Bank, in extending various facilities to the exporters.
He, however, emphasized that the system and procedures need to be simplified in order to provide an impetus to the export industry in the state. He also stressed upon removing all the bottlenecks and hindrances vis-a-vis importing the raw material in the state from various places.
General Manager RBI H.K Soni suggested the banks to publicize the literacy material for the benefit of the exporter’s community and also advised the members to raise the issue at different departments.He also advised the participants to bring in the RBI Notice for any export related issues so as to resolve the general problems of the business community.
The meeting concluded with vote of thanks presented by Vice President Arshad Hussain Dar.
Principal’s ‘custodial killing’: Probe officer meets family, locals
Srinagar, Mar 23: Assistant Commissioner Revenue (ACR) Pulwama Qazi Masood probing the “custodial killing” of a school principal Saturday met the victim’s family in Awantipora area of Pulwama district.
Rizwan Asad Pandit, the Principal of Sabir Abdullah Public School Tral, was picked up by the police from his home late on March 17 during a raid and was killed in police custody at the Cargo Building two days later, according to his family.
Although the police had initially admitted that Rizwan had “died” in custody and that the matter was being probed under “procedure laid down in Section 176 of CRPC,” it later filed an FIR against him for “escape or attempts to escape from custody”, lending a new twist to the case.
The magisterial inquiry that was ordered in Srinagar was also closed and a fresh probe ordered in Pulwama district and a report sought in “four weeks.”
“Government has appointed me as an inquiry officer, I assured the family that I will conduct the fair investigation into the case,” the inquiry officer Qazi Masood told GNS after meeting Rizwan’s family members and local residents.
Masood said he has sought a report from SP Awantipora on why and how Rizwan was detained and the circumstances that led to his death.
“I have also sought a postmortem report from the SP,” the officer said.
Meanwhile, reports said that soon after the inquiry officer arrived in the area and met the family members, locals held a protest demonstration demanding stern action against the guilty.
Civil society, traders, Bar demand special inquiry commission
Srinagar, Mar 23: Kashmir business community, civil society, and High Court Bar Association on Saturday asked Jammu and Kashmir Governor Satya Paul Malik to set-up an independent Special Commission of inquiry in the custodial killing of Awantipora school teacher Rizwan Asad Pandit.
Addressing a press conference in Srinagar, they said that there have been countless instances of inquiries being ordered in killings without any results.
“To deter future violations, we appeal to the Governor for setting up of a time-bound Independent Special Commission of Inquiry,” they said.
The members said that till the time the commission submits its report, it would serve justice if the case is treated to be one of custodial killing and all persons associated with it are put behind bars and kept away from active duty.
“Such inquiries, suffering from institutional bias and state interference, have rarely served the interests of justice,” they said.
“We have a reason to believe that this killing would also suffer the same fate and the killers would again roam free to kill, more confident in the fact that their crimes will never be brought to account,” they said.
They said that the repeated perpetration of serious violations of human rights and humanitarian law needs in-depth fact-finding and investigation.
On Tuesday, Rizwan Asad Pandit, a 29-year-old school teacher, died inside the Jammu and Kashmir’s CARGO camp in Srinagar.
He was picked up for questioning from his home in Awantipora on Sunday.
The family had said that his body bore evidence of being subjected to extreme physical violence.
The press conference was jointly held by KCC&I, High Court Bar Association, KTMF, KEA, KTMF (R), FCIK(A), FCIK(M), JKSECC, KCSDS, KHARA, CCIK, All Transport Welfare Association, Kashmir Valley Fruit Growers Dealers Association, Houseboat Owners Association, KHAROF, Pvt School Association, Kashmir Bakers Association, All Kashmir Chemist & Distributors Association, Hoteliers Club, All Traders & Transporters Coordination Committee, All J&K Taxi Owners Association, Association Of Kashmir Tour, Environmental Protection Group, Shehr E Khaas Coordination, Beopar Mandal S R Gunj, Rehabilitation Alliance, and Batamaloo Traders Association.
ED imposes Rs 14.4 lakh penalty on Geelani
Srinagar, Mar 22: The Enforcement Directorate (ED) Friday imposed Rs 14.4 lakh penalty, on Hurriyat (G) chairman Syed Ali Shah Geelani for “illegally” possessing foreign exchange of around $10,000, news agency PTI reported.
After completion of the probe and adjudication proceeding, the ED an order on Wednesday under the Foreign Exchange Management Act (FEMA), levying the penalty and confiscating forex of $10,000 that was allegedly recovered from Geelani, they said.
The ED will also impose a penalty on Yasin Malik, Chairman of Jammu Kashmir Liberation Front (JKLF) and confiscate foreign exchange recovered from him. The adjudication proceedings against Malik are in progress.
On Wednesday, a Delhi court also allowed ED to quiz Geelani’s son-in-law Altaf Shah and others in connection with an alleged funding case.