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 KCCI concerned at outsourcing of sapphire mines

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Srinagar, Oct 29: The Kashmir Chamber of Commerce and Industry (KCCI) has expressed its concern at the outsourcing of the sapphire mines at Paddar-Kishtwar to non-state subjects, in violation of the recommendations of the Committee constituted by the Legislative Assembly in this regard.

In a statement issued here, Sheikh Ashiq Ahmed, President, Kashmir Chamber of Commerce and Industry said that the action was an encroachment on the rights of the local entrepreneurs’ who are already suffering on account of the uncertain situation prevailing in the State.

There are already many recommendations, reports and SROs issued which favour the protection of the rights of the local industrialists and the KCCI seeks the intervention of the Governor of Jammu and Kashmir in this matter.

 


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State

Govt to revive ailing cooperative banks in JK: Secy C&SW

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Jammu, Nov 17: Secretary, Cooperatives and Social Welfare (C&SW) Departments, Dr Farooq Ahmad Lone Saturday said that the government was planning to bail out ailing Cooperative Banks in the state soon by infusing capital to revive them.

Dr Lone stated this at a function organized by Jammu Central Cooperative Bank (JCCB) as part of the ongoing 65th Cooperative Week celebrations.

Registrar Cooperatives societies, M M Rehman Ghasi was the guest of honour on the occasion.

Addressing the gathering, the Secretary said that the main purpose of celebrating the cooperative week is to highlight achievements of the cooperative sector in various areas, reflect upon the shortcomings and chalk out future strategies of growth, based on dynamics of cooperative development in various sectors.

Secretary said that the week-long celebrations provide an opportunity to disseminate the message of cooperative movement among the masses at large by sensitizing them on the various aspects of the cooperative movement.

“Cooperative structure ensures that cooperatives are not enterprises run just to earn profits but a business model for long-term sustainability and inclusive growth, he said.

Dwelling on the theme of this year’s cooperative week, “Building Public-Private Cooperative Partnership”, he said that the cooperative model is participatory and community oriented and due to its grass roots approach the impact of its development is equitable and sustainable.

He said that several revolutionary steps have been taken by the government to revive these cooperative banks in the state.

Lone stated that JCCB had done well in the past since its inception. He said that the bank must endeavour to run along thoroughly professional lines, have an enlightened management, a highly dedicated and committed work force and develop progressive plans and policies for the future so as to secure its rightful place in the comity of cooperative banks in the country.

On the occasion, Registrar Cooperative Societies said that the mandate of the cooperative sector is not just to earn profit but to provide services to people with distinction, especially farmers and poor sections of the society.

CEO JCCB, Mohammad Mushtaq gave highlighted the activities of the Bank. He said JCCB is working at the grass root level in the rural areas through a network of 376 Primary Agriculture Cooperative Societies (PACS) with a membership of 1.53 lakh, out of which 95 PACS are functional.

The Bank has a total Share Capital of Rs.3.64Crores out of which State Government has contributed Rs.1.50 crore. At present total aggregate deposits of the bank stands at Rs.1503.57crore with 300000 account holders and advances are at Rs.370.28 crore. Bank has sanctioned Kissan Credit Cards to 40385 members for an amount of Rs.94.89crore till date.

MD JAKFED Rajesh Sharma, Additional Registrar Cooperative Jammu Tanveer Ahmed Malik, Joint Registrar Cooperative (B&F) S. K. Gupta, Joint Registrar Cooperative (Special)  TrishlaKundal, Joint Registrar Cooperative (Audit) Champa Devi, General Manager Reserve Bank of India, H.K.Soni, Deputy Registrar Cooperative Kathua Naresh Sharma, Chairman Citizen Cooperative Bank Parveen Sharma and Chairman Cooperative Union were also present on the occasion.

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Banks must play role in distt’s economic progress: DC Srinagar

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Srinagar, Nov 17: District Commissioner (DC), Dr. Syed Abid Rasheed Shah, Saturday chaired a District Level Review Committee (DLRC) meeting of Lead Bank Office Srinagar to review the progress of banks during the second quarter of 2018-19 fiscal.

The meeting reviewed the performance of banks in the areas of deposits and advances, besides reviewing the sector-wise performance under the District Credit Plan 2018-19. Status of their achievements in the area of implementation of various government schemes were also reviewed during the meeting.

The meeting was informed that under the District Credit Plan 2018-19 an amount of Rs. 885 crore has been disbursed under various schemes in the priority sector in the said quarter, including Rs. 528 core under MSME, Rs. 179 crore under the agriculture and 87 crore under housing sector among others. Disbursements made in the non-priority sector as on 30 September 2018 amount to about 70 percent achievement.

It was also informed that the Credit Deposit Ratio (CDR) in the district at the end of quarter ending 30 September 2018 stands at 53% which is 2% higher since the previous quarter ending 30 June 2018, adding the total deposits and advances during the quarter include 21241 and 11200 crore respectively. The Jammu and Kashmir Bank alone registers about 84% share of the total advances.

The DC emphasised that banks must be positive and instrumental in credit dispensation and increase the CDR to the benchmark level fixed by the RBI. He called for an institutionalised mechanism allowing for sector-wise focus on specific areas of development in the district.

The meeting also reviewed the progress and achievements of banks in the implementation of various government-sponsored schemes. The DC asked all banks to ensure concerned departments are taken on board and seek their assistance for facilitation of cases.

Dr Shah also asked all the banks to conduct regular awareness programmes and submit details to his office. He said banks and various financial institutions in the district must play their due role in the economic progress of the district.

LDM Srinagar, DDM NABARD, RBI representative, Cluster Heads of banks and financial institutions operating in district Srinagar and representatives of various government departments attended the meeting.

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Officers asked to register for Civil Services Awards-2019

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Srinagar, Nov 17: Complimenting the officers for their steady efforts towards accomplishing the “Mission for Delivering Development” and “Mission on Good Governance”, Chief Secretary BVR Subrahmanyam today said their immense contribution while working in challenging circumstances in J&K needs to be recognized.

Addressing a meeting of the Divisional Administration and Deputy Commissioners here, Chief Secretary asked them to apply for the awards for Excellence in Implementation of Priority Programmes to be presented by the Prime Minister on Civil Services Day-2019. He said these awards are being presented every year to the civil servants under Priority Programmes and Innovation Category.

For the awards to be presented on Civil Services Day 2019, the four Priority Programmes identified include, National Agriculture Market (e-NAM), National Rural Livelihood Mission (NRLM), SAUBHAGYA (PradhanMantriSahajBijliHarGharYojana) and Mission Indradhanush.

Two awards shall also be given to Organizations of Central/ State Governments / Districts for Innovations in environment conservation, disaster management, water conservation, energy, education and health, women and child centric initiatives etc, of which one shall be given for innovations by Aspirational districts, under the Aspirational Districts Programme ( ADP).

The period of consideration for both categories of awards is 1st April 2017 to 31st December 2018.

The registration/nomination for the awards has to be made online at the website of the Department of Administrative Reforms & Public Grievances at https://pmawards.gov.in/public/login for Civil Services-2019awards.

Pertinently, Civil Services Day is being observed on April 21 ever year to commemorate SardarVallabhbhai Patel’s, who was independent India’s first home minister, address on this day in 1947 to the soon-to-be independent country’s first batch of civil servants at Metcalf House in Delhi.

Chief Secretary observed that with the unflinching commitment and support of these officers, J&K has achieved various milestones in some flagship initiatives including Swachh Bharat Abhiyaan, PoshanAbhiyaan, Saubhagiya, PMGSY etc and the Central Government is now asking other states to take cue from J&K. “I am sure the contribution of our officers in achieving these landmarks would be recognized and they would continue to strive excellence in other areas,” he said and added during the recent snowfall in Kashmir, the performance of our officers in ensuring quick restoration of essential services was commendable.

 

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