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New Rule: Aspiring entrepreneurs to return industrial land not used within 2 years

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Srinagar, Apr 26: The aspiring entrepreneurs who fail to set up units on the industrial land allotted to them within two years have to return it to the government.
The step has been taken as a lot of aspiring entrepreneurs did not set up their units over the years and left the industrial land unused.
In the last two decades, government has allotted hundreds of Kanals of land to the entrepreneurs at Samba, Bari Brahmana, Rangreth, Lassipora, Kathua, Khonmoh, and Gangyal industrial estate’s.
General Manger State Industrial Development Corporation (SIDCO), Khurshid Ahmed, said that under the new guidelines, the aspiring entrepreneurs have to set up their units within two years.
“In the past many entrepreneurs left the industrial land unused. Now, the entrepreneurs have to set up units within two years after the allotment of the land. If they fail, they will have to return the land to the government,” he said.
An official of the SIDCO said the scores of aspiring entrepreneurs were allotted land by SIDCO at the low prices aimed at generation of employment opportunities and to grow the industrial sector of the state.
However, many entrepreneurs as per the official had failed to come up with the explanation regarding the non-utilisation of the land.
“We are serving cancellation notifications of land to these idling entrepreneurs after the completion of legal procedures,” the official said.
Several entrepreneurs, the official said, have complained that the land allotted to them lacks proper arrangement of water supply, electricity and other necessities required at the site of industrial units.
“They blamed the SIDCO for failing to act as a nodal agency for the promotion and development of medium, large and mega industries,” he said.
Meanwhile, the official said that family members now will be legal heirs of leased out industrial land in case death of an allottee.
“As per the new rules, if any person dies, his children or relatives will be legal heirs of the leased out industrial land,” he said.
He said amendments have been made in operational guidelines of the Industrial Policy to make it more “people friendly”.
Earlier, the contract of the leased out land would get terminated in case of the death of an allottee. The family members had then no rights on the leased out land and the government would take it under its possession.


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ED imposes Rs 14.4 lakh penalty on Geelani

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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.

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PDP, NC, PC candidates file nominations for north LS seat

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Srinagar, Mar 22: Members of the three main political parties and an independent candidate Friday submitted their nomination papers for the Lok Sabha seat in north Kashmir, all promising to raise Kashmir issue in the Parliament.
As per the Election Commission of India notification, the last date for filing the nominations for Baramulla Parliamentary seat has been fixed on March 25. The polling will be held on April 11.
On the first day of filing nominations, four candidates submitted theirs on Friday at district development commissioner’s office in Baramulla.
Former trade union leader, Abdul Qayoom Wani submitted the nomination papers to be the Peoples Democratic Party candidate.
Talking to the media after filing the nomination papers, Wani said that PDP was for the resolution of the Kashmir issue.
“We want India, Pakistan, and Kashmiris shall sit together and find a solution to the problem so that the bloodshed is stopped,” Wani said, who joined the PDP in first week of February after voluntarily resigning from government services.
“I will raise the Kashmir issue in the Parliament. Draconian laws have to be abolished. There has to be equitable development of all three regions of the state,” Wani said, adding that he joined the PDP because of its “pro-people policies”.
Wani was accompanied by senior PDP leaders Mohammad Ashraf Mir and Javaid Beigh.
Former minister of the Omar Abdullah-led government, Mohammad Akbar Lone submitted the nomination papers as the National Conference candidate.
“India and Pakistan has to resolve the Kashmir issue to bring peace here. Since 1947, they fought several wars and Kashmir problem is the main reason. There can be no peace in India and Pakistan till Kashmir issue is not solved,” Lone told reporters, claiming he would raise the Kashmir issue in the Parliament.
He said he was “sure” of his win.
“The support of the political parties will be cleared once the election will be over. We hope the NC will emerge victorious in the elections,” he said.
Raja Aijaz Ali of Sajad Lone’s Peoples Conference party also filed his nomination papers for the Baramulla-Kupwara Parliamentary seat.
The PC member said that his “aim was to develop the state”.
“My main agenda behind contesting for the Lok Sabha elections is to develop the state. We want the voices of the people of Jammu and Kashmir should be heard in the Parliament. I urge people to give us one chance and cast their ballot in favour of me,” he said.
Sajad said if voted to power they will make efforts to develop the region.
“If voted to power, we will raise the issues pertaining to this region in the Parliament. People are very angry with the traditional political parties here. I am sure that we will win these elections. If we win, this will be for the first time when there will be a Kashmiri ambassador in New Delhi,” he said.
He said there would be no improvement in the situation by the ban on Jamaat-e-Islami.
Sajad also clarified that his political quarter will fight independently in the upcoming Lok Sabha elections.
One independent candidate Suhail Amir also submitted his nomination papers.

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Farooq leads NC-Cong campaign in Jmu

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Jammu, Mar 22: National Conference president Farooq Abdullah on Friday led the campaigning of joint Congress-NC candidates and said the alliance was aimed to keep India secular and “save” it from divisive politics.
Vikramaditya Singh, grandson of erstwhile Sadr-e-Riyast senior Congress leader Karan Singh, and former minister Raman Bhalla, who is a joint candidate of the Congress and its alliance partner NC, from Udhampur and Jammu Lok Sabha seats respectively.
“We have given this sacrifice for one aim – to keep India a secular country and also keep India strong. There is no other goal (in entering into an alliance with the Congress),” Abdullah told reporters here while kickstarting campaigning of the joint candidates.
“To bring country out of this quagmire, we have come together. We ensure you (Congress) our full support,” he said.
Abdullah said the NC has come out to save this country from divisive politics.
“We have come out to save this country from forces (who are dividing the country on the basis of religion) and not to save this state only,” he said.
Farooq said we have to live in this country and strengthen it and its secular ethos which was preached by Mahatma Gandhi.
He asked the Congress candidates to keep an eye on forces about malpractice.
Vikramaditya, while speaking on the occasion, said they will fight at the grass-roots level together to ensure their victory.

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