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Principal Secy Fin discusses financial restructuring of JKSPDCL

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Srinagar, Oct 10: Principal Secretary, Finance Department, Navin Kumar Chaudhary, today convened a meeting of officials of Jammu and Kashmir State Power Development Corporation Limited (JKSPDCL) to discuss the financial restructuring of the Corporation.

The meeting was attended by Commissioner Secretary PDD, Hirdesh Kumar, Director General, Perspective and Manpower Planning, Planning Development and Monitoring Department, Shahzad Bilal, Director Budget, Finance Department, Imtiyaz Hussain, Director Finance, PDD, Director Finance JKSPDCL and other concerned officials.

On the occasion, various issues were discussed threadbare regarding the Financial restructuring of JKSPDCL which includes liquidating the Power purchase liability of the PDD and infusion of fresh state equity into the JKSPDCL.

 

The valuation of token value assets of Rs one transferred by the PDD to JKSPDCL at the time of its incorporation, which had a value of Rs 916.54 crore, and treating the same as the state equity was also discussed in the meeting. Payment of surcharge receivable on outstanding power purchase liability from PDD also came up in the discussion.

The Principal Secretary Finance gave various on spot directions and asked the officials to implement them at an earliest.


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State

Accord sense of security to people: PDP to Guv

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Srinagar, Feb 18: The People’s Democratic Party Monday urged the Government to ensure protection of rights of People of J&K.

In a statement issued to media, Party’s Chief Spokesperson said that aftermath of Pulwama incident, has shown signs of communal violence and misunderstandings where the common Kashmiri is suffering.

Mir said that “central government should ensure that the secular fabric of the country is upheld, the disturbing reports of denying admission and entry to Kashmiri students in various institutions is unconstitutional and no democratic government would ever allow such discrimination to happen which will eventually alienate the people further.

 

Mir said that we urge the Governor that the rights of people of Valley should not be jeopardized, we appreciate setting up of helpline for students but the Government also needs to accord a sense of security to the people, that concerns their social security. Mir said that civil society including that of mainland country must step in to ensure that communal harmony prevails and the tensions is not escalated by targeting Kashmiris in particular.

Mir said that party is grieved at the Pulwama incident and believes that the cycle of violence has only added to the loss endured. He said that “this is not the time to play politics from positions of polarity, where the anger and outrage is directed towards a common Kashmiri, Mir said.

He said that we earnestly appeal Governor sahib to ensure social security of Darbar move employees in Jammu and particularly Kashmiri students across the country, He said that the axe is unfortunately falling on innocent people who have nothing to do with politics of the state.

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State

Students stage protest in Sopore against attacks on Kashmiris outside Valley

Global News Service

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Srinagar, Feb 18: Students of Sher-e-Kashmir University of Agricultural Sciences and Technology (SKUAST) of north campus at Wadoora Sopore in north Kashmir on Monday staged a protest demonstration over growing incidents of harassment and attacks on Kashmiris by rightwing extremists in Jammu and outside the state.

The students protested inside the college premises and demanded an immediate release of Kashmiri student who was detained in Himachal Pradesh on Sunday.

“Kashmiris are not safe outside and this is not for the first time that our brothers and sisters are being targeted, harassed and detained,” a group of agriculture students while talking to media said.

 

Scores of students studying in different tuition centers in Parraypora area of Srinagar also staged a protest against the attacks.

The students also expressed serious resentment over the growing attacks on Kashmiris and demanded an immediate end to it.

They also demanded the withdrawal of sedition and other cases the students in different parts of India.

The students also demanded the safety of Kashmiri students outside the Valley.

Pertinently, on Sunday police detained Tahseen Gul of Kashmir, a B.Tech student of Chitkara University in Baddi on the charges of allegedly glorifying suicide bomber Adil Ahmed Dar who was behind the Pulwama attack in which 49 CRPF men were killed and several others were injured on Thursday.

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Invest in establishing educational institutions in Kashmir: Rasheed to political parties

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Srinagar, Feb 18: After the Kashmiris were attacked in different parts of the country, Awami Itihaad Party (AIP) President Er Rasheed on Monday have appealed the regional political parties to assure and include in their manifesto that they will ensure opening of new professional and technical colleges in the state in the private sector and will make the legal procedure for the same easier.

Quoting Rasheed, the spokesman said that while state already lacks good professional colleges and institutions, but the ongoing assault and harassment against Kashmiri students in other states have created more need for establishing such institutions in public and private sector.

Rasheed said that many local investors have been trying hard to get permission from the competent authority to establish various much-needed colleges in Kashmir valley but unfortunately bureaucracy has been creating barriers and thus not allowing education sector to flourish beyond a certain point. It is high time for all those regional political parties who are in the race of power to make sincere and concrete promises that they will not only allow investment in the education sector without creating hurdles but will also create a huge network of professional and technical colleges in every district and region of the state.

 

“Unless main political parties including NC and PDP do not promise to make the process of establishing these institutions time-bound and easy by making necessary amendments in the laws, the aim cannot be achieved,” the spokesman quoted Rashed as saying.

Meanwhile, Rasheed welcomed actor turned politician Kamal Hassan’s statement asking New Delhi to revisit its policies and resolve Kashmir dispute by holding a plebiscite so that peace returns in the entire sub-continent.  He said, “It is good to see credible voices speaking sense and understanding the significance of finding peaceful resolutions rather indulging in spreading venom against each other”.

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