x

Like our Facebook Page

   
Early Times Newspaper Jammu, Leading Newspaper Jammu
 
Breaking News :   Speaker releases Mehak Gupta's 'Humane Quest' | 90 officers with fake degrees rule Youth Services, Sports department | NHM Mission Directorate adjusts blue eyed on prize postings | BJP's gift to refugees from Pak, no subsidized ration | Official posted at Relief Organization (migrants) gives 'damn' to CM’s directions | Teachers with blemished records get administrative position in JU | As BJP ministers failed to connect people, CM starts public outreach programme in Jammu also | PDP leader leaves Govt red-faced for bashing police online | Former IAS 'unmasks' Kashmir in her book | Where sugar quota meant for Kashmiri migrants goes? | 'Operation All Out' sends ultras packing, NIA blocks terror funding | 'H&UDD derails JNNURM' | War of words between Omar, Geelani heating up | No water for over a week leaves Bhalwal parched | Buoyed by Majid's return, many parents making similar appeals to their sons | Swine flu scare in valley; nothing to panic say authorities | Despite formation of library committee 'medical journals' yet to be purchased | Police detain brother of slain HUJI commander in Kishtwar | Security forces deny ISIS Claim, say Lashkar leadership wiped out in J&K | Pollution level increases in industrial area | Mothers should plead their children to leave arms and return, says J&K DGP | DB set aside appointment of Naib Tehsildar on compassionate grounds | Farooq's attack on adversaries, bid to strengthen NC vote bank | Health Deptt employee becomes first victim of Dengue in Rajouri | Jammu man shocked on seeing his picture among dead terrorists | HC stays suspension order of petitioner as respondent fail to adhere to rules | Snowfall in Jammu's high-altitude areas, Mughal Road remains closed | HC seeks details on women related cases | Police arrest 3 Jaish-e-Mohammad militants from Bdgam | Shutdown call has no takers in Kashmir | Dy CM Nirmal Singh: Pakistan stands completely exposed | RSS colluded with British ,supported Indira on Emergency: Farooq | CM visits Samba as part of public outreach programme | Jammu, the Land of kind hearted Dogras | Diminishing values of government in J&K | Gujjar Bakarwal Tribe in J&K | Discrimination of Jammu region continues | Speaker convenes series of public meets in Gandhi Nagar constituency | Amateur Journalist Award function organized | Sensitization program on Drugs & Cosmetics Act concludes | Police launches week long drive against traffic rule violators | Plus 2 Lecturers' Forum holds monthly meeting | BJP trying to belittle Cong leadership for political gains: Mir | Trail for 20th YNYC to begin from Jan next | IGNOU Regional Centre Jammu celebrates 32nd Foundation Day | Shiksha Niketan High School celebrates annual day | District Karate Championship held at Akhnoor | Natrang stages 'Deemak' in weekly theatre series | Quarterfinals played during Devinder Sharma memorial Open Table Tennis Championship | Dalhousie Hilltop School announces scholarships | JASC conducts debate on Swachh Bharat Abhiyan | FC United Kathua, APS Jaglot register berth in finals of SSB Cup-2017 | Growing peace, fair recruitment increasing confidence of youth: Puneet Jamwal | JKSWDC organizes awareness camp | Winters can affect cardiovascular health: Dr Sushil | SISSO celebrates World Toilet Day | Balwinder Singh re-elected as president of Welfare Society | GPC organizes religious function on eve of Gurupurab | NSF urges new CVC to re-open complaint against JU authorities | Rajput community opposes release of Padmavati in Kathua | People stage protest against bad roads in Sunderbani | Army pays tributes to solider martyred in Kashmir's Hajin ecounter | BJP-PDP Govt shows greatest dis-respect to Police martyr: Harsh | Delegation of JPPF meets Divisional Commissioner | Hakla urges Government to provide basic facilities to nomadic community | Pahari community demands 5 % reservation | Train services remain suspended in Kashmir | Langeh inaugurates lane, announces Rs 5 lakh for development | WANGAI delegation meets Dy CM, seeks support for National Walnut Mission | Curfew-like restrictions continue in parts of Srinagar | Probe irregularities taken place in JU during tenure of incumbent VC: JYF | Back Issues  
 
news details
LoC trade: Traders asked to get police clearance, deposit Rs 5 lakh
9/13/2017 11:06:31 PM
Early Times Report

Srinagar, Sept 13: Having suspended all bus and trade services between India and Pakistan through the Poonch-Rawalkote route on the Line of Control (LoC), traders in J&K have now been asked to get police clearance and deposit at least Rs 5 lakh with the state government to continue trading on other routes. The new instructions have come amid growing hostilities between India and Pakistan following the attack on an Indian Army camp in Uri in September 2016 and cross-LoC strikes, and an ongoing NIA investigation probing the role of cross-LoC traders in raising funds for separatist leaders and fuelling the Kashmir unrest that started in July 2016.
As per an order of Industries and Commerce Department, it has been directed that "all existing and new trader firms intending to engage in cross-LoC trade shall have to get themselves registered with the respective Custodian Trade and Facilitation Centre by filing an application in this regard."
The state government has also asked traders that besides submitting essential documents like Permanent Account Number (PAN), they must deposit Rs 5 lakh as security in the form of a fixed deposit (FD) or bank guarantee to carry out the trade.
Further, it has been instructed that the firms should get a police verification report to continue with the trade and also submit bank account statements and balance sheets. The registration will be valid for two years and has to be subsequently renewed.
Trade route was suspended two months ago. The Poonch-Rawalkote trade and bus service was suspended on July 10, after a mortar shell completely damaged the government building in Poonch where officials used to oversee the cross-LoC trade. After the shelling, civil government officials from both India and Pakistan also suspended communication.
Recalling the suspension of trade along the Poonch-Rawalkote route, Mohammad Tanveer, custodian, cross-LoC trade in Poonch said that earlier, frequent meetings were being held between the civil government authorities to sort out issues related to the cross-LoC trade. "But now it's the army of the two countries who communicate with each other on cross-LoC trade and there is no contact with civil government officials of Pakistan Occupied Kashmir (PoK)."
Tanveer informs that following the suspension of bus and trade services along the Poonch-Rawalkote route in July, 116 passengers from Pakistani side were stranded in India and three Indian passengers who were stranded on the other side of the LoC.
"Contact was established with Pakistani government through the Ministry of External Affairs and the passengers returned only along the Uri-Muzaffarabad road on 21 August," he said.
Tanveer informs that unlike in March 2017 when the trade was suspended for only two days after shells had landed in the office of LoC trade custodians in Poonch, this time there has been no word from the authorities over starting the trade or bus services on the Poonch-Rawalkote route.
"And this is even though firing has stopped along the LoC," says Tanveer.
Even though the PDP-BJP government led government has called for increasing cross-LoC trade, its policies have been completely opposite.
It's for the first time since the PDP-BJP government came to power in Jammu and Kashmir over two-and-half years ago that that trade and bus service has remained suspended for such a long time along the Poonch-Rawalkote road in Jammu region.
Cross-LoC businesses had continued along the Uri-Muzaffarabad road, but new instructions are likely to further discourage the traders, who are already battling per day restrictions over trucks plying across the LoC. Earlier, Chief Minister Mehbooba Mufti government had restricted the number of trucks that can ply each day along one of the route to 35.
The suspension of cross-LoC trade and bus service is said to be a result of the ongoing NIA investigation on the finances of separatist leaders in Kashmir.
A senior police official said that the NIA has recently questioned some traders to ascertain their involvement in raising money to fund the unrest in Kashmir. NIA officials carried out raids on 27 Locations in Delhi and Srinagar on 6 September during which they found that some of the hawala operatives had links with the cross-LoC traders.
Earlier, in a statement, the NIA had said: "The places searched include houses and business establishments of traders and hawala operators who are suspected of channeling funds to fuel secessionist and anti-India activities in Kashmir. During the searches, cash amounting to approximately Rs 2.20 crore was recovered, besides incriminating documents pertaining to financial transactions. The diaries pertaining to contacts of hawala operators, traders, ledger books containing accounts of cross-LoC trade of various trading companies have been recovered."
The NIA, however, had started investigating the supply of money through cross-LoC trade to the separatists just a few months after the unrest began in Kashmir.
Now in order to clamp down the alleged funding of anti-national and separatist activities via cross-LoC trade, the state government has asked traders who are already engaged in the cross-LoC businesses to get registered for carrying out the trade.
Sub Divisional Magistrate (SDM) Uri, Sagar Doifode, said that 23 traders have already completed the registration formalities. He also said that the government will extend the time to receive documents for new registrations and for those traders who have not yet complied with the instructions.
"As of now, there are around 327 traders who are allowed to carry out the trade on the Uri-Muzaffarabad route. They are enlisted with us, but have been asked to get registered."
However, registration doesn't necessarily mean a ticket to cross-LoC trade. As Shailendra Kumar, commissioner secretary, Industries and Commerce Department, Jammu and Kashmir has pointed out in its order "the competent authority may suspend or cancel the registration of any trader or firm due to administrative and security reasons".
  Share This News with Your Friends on Social Network  
 
  Comment on this Story  
 
 
 
Early Times Android App
STOCK UPDATE
  
BSE Sensex
NSE Nifty
 
CRICKET UPDATE
 
 
 
 
 
 
 
 
   
Home About Us Top Stories Local News National News Sports News Opinion Editorial ET Cetra Advertise with Us ET E-paper
 
 
J&K RELATED WEBSITES
J&K Govt. Official website
Jammu Kashmir Tourism
JKTDC
Mata Vaishnodevi Shrine Board
Shri Amarnath Ji Shrine Board
Shri Shiv Khori Shrine Board
UTILITY
Train Enquiry
IRCTC
Matavaishnodevi
BSNL
Jammu Kashmir Bank
State Bank of India
PUBLIC INTEREST
Passport Department
Income Tax Department
JK CAMPA
JK GAD
IT Education
Web Site Design Services
EDUCATION
Jammu University
Jammu University Results
JKBOSE
Kashmir University
IGNOU Jammu Center
SMVDU