FRONT PAGE STORIES |
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| Big ticket schemes to factor in district specific aspirations | | | |
EARLY TIMES REPORT
Jammu, Jan 29: In a major move toward need driven and balanced development at micro-level, the government has decided to factor in district level aspirations in formulation and implementation of all ambitious centrally funded, central sector and state sector schemes.
As per new scheme of things, the schemes shall be put to discussion before the members of the District Development Boards for taking into account local requirements and feedback. Administrative Departments have been told to bear districts in mind while formulating these schemes.
A circular issued by the Government to this effect says that with a view to further sharpening the monitoring effec... | |
| | | | 59 machines pressed for snow clearance | | | |
EARLY TIMES REPORT
Jammu Jan 29: Following fresh snowfall in the Kashmir Valley, particularly in high reaches and hilly areas, Minister for R&B, Mr. G.M.Saroori today directed the engineers of the Mechanical Engineering (MED) and Roads and Building (R&B) Departments to closely monitor the situation and press into service men and machinery to ensure quick snow clearance on the roads.
The Minister was reviewing the arrangements made for snow clearance, following fresh snowfall in the Kashmir Valley.
The Minister said that the people should in no case suffer due to closure of roads and instructed the Chief Engineers of both the departments to personally monitor the snow cleara... | |
| | | | Rs 117 lakh JCCB scam | | Manager yields, gets interim bail | | |
EARLY TIMES REPORT
Jammu, Jan 29: Chief Manager of a Cooperative Bank facing several charges in Rs 117 lakh local scandal has been granted interim bail by a local court.
Sub-Judge Jammu M.R Chak today granted interim bail to Bharat Bhushan Gupta, then Chief Manager Jammu Central Cooperative Bank (JCCB) allegedly involved in FIR No 1/2010 P/S City u/s 420/409/467/468, till February 8, 2010 with the directions to surrender before the Investigating Officer on February 1, 2010 and also to remain present when required.
The accused Bharat Bhushan Gupta surrendered before the Court and sought bail in the much publicized loan scam of Rs 116.98 lakhs.
Court observed that it seems t... | |
| | | | JK Bank op profit up 31% | | | |
EARLY TIMES REPORT
Srinagar, Jan 29: Continuing its steady performance, J&K Bank registered a net profit of Rs. 392.33 crore for the nine months ended December 2009, up by 18 per cent when compared to the net profit of Rs.331.16 crore of the corresponding period of the previous financial year. For the third quarter ended December 2009, the net profit was registered at Rs 139.99 crores as against Rs 120.67 crores during the same quarter last financial year. The operating profits of the Bank increased by 31 per cent during the same period.
This was announced during the review of the financial results for the quarter ended December, 2009, by the bank’s Board of Directors in a meeti... | |
| | | | Snowfall in Kashmir, NH closed | | | |
EARLY TIMES REPORT
Srinagar, Jan 29: The Srinagar-Jammu national highway was closed Friday morning following fresh snowfall and slippery road conditions in the Jawahar tunnel area, a Jammu and Kashmir traffic department official said.
"The highway has been closed for traffic today (Friday) following fresh snowfall in Jawahar tunnel area and slippery road conditions," the official said.
Snowfall in the mountains and rain in the plains continued as the authorities commenced road clearance operations in hilly areas.
A Met department official said: "Gulmarg, Sonamarg, Pahalgam and other hilly areas received fresh snowfall today (Friday). The minimum temperature in Srinagar was ... | |
| | | | Gen Parkash sacked | | | |
AGENCIES
New Delhi: Military Secretary Lt Gen Avadesh Prakash will face court martial proceedings in the Sukna land scam following intervention of Defence Minister AK Antony who overturned Army Chief General Deepak Kapoor's decision on administrative action against the top officer.
The court martial of Prakash was on Friday ordered by Kapoor, making him the senior-most three-star general in the Army to ever face such action.
The Army Chief's decision comes two days ahead of Prakash's retirement from military service on January 31.
"The Army Chief has ordered disciplinary action against Lt Gen Prakash, who will face a court martial in Sukna land scam. The Chief has stuck to... | |
| | | | PDP LP meeting today to shape up assembly agenda | | | |
EARLY TIMES REPORT
Jammu, January 29:-The issue whether the self-rule concept be tabled in the Assembly in the form of a resolution or in any other form or simply drop the idea of raking up the matter on the floor of the House would be discussed during the party's Legislature committee meeting to be held on January 30.
According to the party General secretary, Dilawar Mir,” it will be during the meeting of the legislature body of the PDP that issues to be highlighted by the organisation will be finalised." Asked whether the slogan of self-rule will be highlighted on the floor of the House, during its ensuing budget session, Mir said that "nothing definite can be said about it beca... | |
| | | | CM’s idea on spurt in violence flawed | | | |
EARLY TIMES REPORT
JAMMU, JAN 29: Chief Minister Omar Abdullah told the reporters the other day on the sidelines of the 9th State-level Departmental Vigilance Officers’ conference in Jammu that “when the talks between India and Pakistan were on, there was no incidents of firing along the borders”. In effect, he said that the “border violations can’t hijack peace process” or “India-Pakistan dialogue process”.
Interestingly, Pakistan Prime Minister Yosuf Raza Gilani said on the same day in Islamabad that the “two counties can’t be held ‘hostage to one incident’ of 26/11” and asked India to resume the stalled composite dialogue process. Was it a coincidence or something different? Bu... | |
| | | | RBI raises CRR by 75 bps | | | |
AGENCIES
New Delhi Jan 29: In a “harsher-than-expected” move, the country’s central bank on Friday raised the Cash Reserve Ratio by 75 basis points (bps), making a strong pitch for the government’s fight against rising inflation.
The CRR, or the portion of deposits banks are required to park with the apex bank, will be hiked in two stages -- 50 basis points from February 13 and another 25 basis from February 27 – from the present 5 percent, Reserve Bank of India (RBI) Governor D Subbarao told the chief executives of commercial banks here.
Subbarao said the cut in excess liquidity will help anchor inflationary expectations and that the recovery process of the economy will be suppo... | |
| | | | Little chance of breakthrough in Indo-Pak ties at SAARC meet | | | |
ABID SHAH
NEW DELHI, JAN 29: As the top level deliberations are on among India’s leaders here regarding the question of participating in the conference of Home Ministers of SAARC countries being hosted by Pakistan, beginning February 20, indications are that the two countries may try to maintain the quiet that the Union Home Minister P Chidambaram often favours in case of talks with the separatist Hurriyat leaders.
Hopes regarding breaking the ice by India and Pakistan vis-à-vis their relations are far from encouraging. And Chidambaram’s visit is yet to get Prime Minister Manmohan Singh’s nod.
The delay in this is obviously because a delegation from a few Pakistani dignitaries... | |
| | | | Tackling stone pelting Over 150 youth to be detained under PSA | | | |
Early Times Report
Srinagar, Jan 29: The police arrested 30 youth for their alleged involvement in stone pelting incidents during the preceding night from the city. The arrestees are likely to be detained under public safety act (PSA).
Reports said the police raided several houses in Aali Kadal, Saraf Kadal, Maharaj Gunj, Gojwara, Sakeel Pora, Nawa Kadal, Safa Kadal and Rajouri Kadal during the preceding night and arrested around 30 youth. They were taken to some unknown destination.
The police gave their mind yesterday when a 20-year-old youth identified as Mudasir Ahmad Teli of Urdu Bazar, Srinagar was arrested and detained under PSA.
The arrests, according to informe... | |
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