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Pre-budget meeting: Kashmir Inc highlights ‘precarious’ economic condition of businesses

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Srinagar, Dec 9: Complaining non-implementation of the previous budgetary allocations, Kashmir Inc Sunday urged the Governor Satya Pal Malik to consider threads of previous announcements before compiling a fresh annual budget.

A delegation of Kashmir Chamber of Commerce & Industry (Inc) headed by its President Sheikh Ashiq Ahmad, participated in the pre-budget discussions with Advisor to Governor, Kewal Kumar Sharma.

As per the statement, KCCI apprised Advisor to Governor about the ‘precarious economic condition of the businesses.’

 

“Since the previous budget was presented on 11th of January, 2018, we have witnessed no less than four changes in the ministers and Advisors in-charge of the Finance Department. As a result, the policy to aid and enable businesses has not taken off as envisaged in the previous budget. Most of the announcements made have either not been acted upon or stand shelved.” the statement said.

“We suggest that, as a first step, the threads be picked up from the previous budget and announcements made therein regarding trade, commerce and industry be acted upon urgently. Stability and continuity in fiscal policies is essential for ensuring appropriate growth and development,” it added.

Kashmir Inc also urged the Governor led administration to finalise the financial package to assist traders in coping the loss post 2016 unrest.

“In view of the unrest of 2016 further impairing the capacity of businesses to repay their loans, the then Government had taken up the case for giving a suitable financial package with the Central Government and the Reserve Bank of India. We urge you to kindly take up the finalisation of a package for which Central Government and RBI intervention at the highest level may be required,” the statement said.

“The problems caused due to the delay in releasing of GST refunds to our industrial sector was also taken up,” it added.

KCCI in the meeting appealed the Governor for hiring a highly professional PR firm to counter negative publicity given by sections of media.

“We urged for upgradation of the tourism related infrastructure and engagement of a professional PR Firm for countering of negative publicity given by sections of the media. The need for inclusion of tour and travel operators for availing various marketing and promotional schemes at national and global levels was also discussed,” the statement said.

“The Budget allocation for tourism promotion was requested to be augmented. The diversion of funds from the Prime Ministers package meant for interest subvention for Hoteliers was also taken up. The delegation also strongly protested the non-implementation of budgetary commitments regarding the electricity tariff on industrial rates.”

For handicraft sector, the apex business body urged for need to allocate Rs 2.5 lakh to cover financial debts of artisans.

“The delegation sought marketing assistance for ensuring rotation of carpet stocks and other handicraft products. The negative impact of GST on our handicraft sector and the need for it’s removal was also highlighted.”

The Chamber as per the statement urged for allocation for Information Technology Tower on the lines of the Software Technology Park of India (STPI) in Kashmir.

It said the problems in power sector were duly appraised to the Advisor to the Governor.

“Several suggestions were made for encouraging private investment like execution of Power Purchase Agreements with the private sector for hydro projects upto 25mw. A special budgetary allocation for the infusion of Capital Equity by the State Government for projects under PMDP Schemes was discussed. The delegation also urged for finalisation of the Hydro Policy for JKSPDC for Small Hydro Independent Power Producers (IPP’s) for facilitation of local players,” the statement said.


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Rajnath pays tributes to slain Major

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Srinagar, Jan 18: Defence Minister Rajnath Singh Tuesday paid his tributes to Major Ketan Sharma in New Delhi. The Major had lost his life in an encounter with militants at Anantnag on Monday.

In a tweet, Singh said: “Major Sharma made the supreme sacrifice while fighting against the terrorists in Jammu and Kashmir. Major Sharma fought valiantly like a true soldier. My heart goes out to his bereaved family.”

Army Chief General Bipin Rawat also paid his tributes to Major Sharma by laying wreath.

 

Meanwhile, Army, here in Kashmir, too Tuesday paid tributes to Major Sharma and three soldiers killed during a militant attack and an encounter in south Kashmir on Monday and Tuesday respectively.

In a solemn ceremony at BB Cantt, Lt Gen KJS Dhillon, Chinar Corps Commander and all ranks, paid homage to the slain soldiers. Representatives from other security agencies also joined in paying their tributes.

Two of the slain soldiers, Havildar Amarjeet Kumar and Naik Ajit Kumar Sahoo, had sustained injuries on Monday in an IED blast in Arihal village of Pulwama. They were provided immediate first aid and evacuated to 92 Base Hospital where they succumbed to their injuries.

Amarjeet, 35, had joined the Army in 2005 and hailed from village Dighawlia in Siwan District of Bihar. He is survived by his wife and two sons. Naik Sahoo, 27, hailed from village Badasuanalo in Dhenknal District of Odisha. He had joined the Army in 2015 and is survived by his parents.

On Tuesday, Rifleman Anil Kumar Jaswal sustained a bullet injury in a counter-militancy operation conducted in Marhama village of Anantnag in which two militants were eliminated.

He was provided immediate first aid and evacuated to 92 Base Hospital but he too succumbed to his injuries. Jaswala, 26, belonged to village Saroh of Una District of Himachal Pradesh. He had joined Army in 2013 and is survived by his wife and a son.

The mortal remains of the slain were flown for the last rites to their native places, where they would be laid to rest with full military honours, Army spokesperson said. 

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A round of applause: ‘TheRealKashmir’ shortlisted at Cannes Lions 2019

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Srinagar, Jun 18: The dream story of Real Kashmir Football Club (RKFC) is being watched and appreciated by the world as a two-minute film on the club was Tuesday shortlisted at Cannes Lions 2019.
‘TheRealKashmir’ was one of the 23 shortlists at the gala considered a global event and the largest gathering of the advertising and creative communications industry.
The international festival of creativity announced the shortlists across Direct, Media, PR, Creative Data, Creative Strategy, Social & Influencer categories on Tuesday.
‘TheRealKashmir’ was shortlisted in the PR category.
“For seven decades, the world has seen only one side of Kashmir. As ‘Sports has the power to change lives’ as its driving philosophy, Adidas partnered with Real Kashmir FC, a rising football club from the strife-torn region, and decided to change the negative perception with which the world sees Kashmir”, Cheil Worldwide India, who shot the movie, had said last month.
Cheil had also noted that they told their story across different mediums to create a brand new positive lens that would enable the world to see ‘TheRealKashmir’.
“We started with a 2 minute long film based on the true story of the club and their rise to the big leagues of India. We partnered with a leading Kashmiri newspaper to reorganize its news sections by bringing the sports page in front instead of the regular cover story of negativity. Then, we organized a photo exhibition in collaboration with the renowned street photographer, Prashant Godbole, showcasing Kashmir through the positive lens of football,” Cheil said.
In fact there are many firsts associated with the Real Kashmir FC. It became the first local football club to hire a former famous Scottish player David Robertson to coach the youngsters. David was playing for Rangers FC and Leeds United before taking up the coaching assignments. Established in 2016, the Real Kashmir FC is only club from Kashmir to have played in Scotland.
Only Tuesday, the club signed a top English striker Kallum Higginbotham for the upcoming season.
In their debut season in the highly competitive I League Real Kashmir FC finished third on the table, and on the way beating power houses such as Mohun Bagan and eventual champions Chennai City FC.
Real Kashmir FC also had huge attendance in all home games played at the TRC astro-turf with an average attendance of 25000. In last I League also saw the first ever match played in snow when RKFC took and defeated Gokulam Kerala FC.

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Mehbooba meets Governor ;Visits slain police officer’s residence

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Srinagar, Jun 18: Former J&K CM, Mehbooba Mufti, Tuesday met Governor Satya Pal Malik at the Raj Bhavan here.
Mehbooba, as per a Raj Bhavan spokesperson, shared with Governor her views relating to the present political, and socio-economic situation in the State.
The two also discussed various issues relating to the growth and development of the State.
Meanwhile, Mehbooba, during the day, also visited the residence of slain police officer Arshid Ahmad Khan to express solidarity with the bereaved family.
She expressed solidarity with the slain officer’s family and prayed for their patience at their loss.
She added that the unresolved conflict is claiming precious human lives, destroying families and orphaning children.
Mehbooba pitched for an end to the violence and bloodshed and hoped that saner voices will prevail to resolve the conflict and end peoples sufferings in Jammu and Kashmir.

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