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J&K Bank unable to peg default, figure reaches Rs. 519 cr | 'Commoners easy prey' | | Syed Junaid Hashmi
JAMMU, May 29: Habitual of harassing the commoners, Jammu and Kashmir Bank has huge list of rich and politically well-connected defaulters who owe the bank more than Rs. 519 crore.
The defaulter's account becomes a non-performing asset (NPA) for the bank and hence, J&K Bank has non-performing assets worth Rs. 519 crore. Of these, Rs. 312 crore is outstanding in the priority sector. This includes Rs. 47 crore advanced as loan for agricultural purposes, Rs. 49 crore which the bank gave to Micro and Small enterprises and Rs. 216 crore which it extended for other purposes under the priority sector.
In the non-priority sector, Bank advanced loans and then failed to recover more than Rs. 206 crore from the customers. Reserve Bank of India (RBI) in its "Report on Trends and Progress of Banking in India 2010-11" has brought out these spine chilling revelations. Report has attributed default of Rs. 519 crore to weak credit appraisal system, industrial problems, inefficiency in management of borrower, slackness in credit management and monitoring, lack of proper follow u... | |
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FRONT PAGE STORIES |
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PDP dashes off letter to Guv, opposing Khoda's nomination as state's first CVC | | | early times report
JAMMU, May 29: PDP today dashed off a "strongly worded" letter to governor N N Vohra, expressing its unhappiness over the governm-nent's insistence to appoint DGP Kuldeep Khoda as the first chief vigilance commissioner (CVC) of the state.
"How can a person involved in a triple murder case at Bhaderwah become CVC?" PDP president Mehbooba Mufti asked.
The statement was made by her before the petitions filed against Khoda were dismissed by the high court.
"Maximum innocent killings have taken place during Khoda's tenure as DGP (2008-10)," she said and alleged that in the case of Haji Yousaf killing, he was involved in a cover-up.
Mehbooba said the government should not... | |
| | In Bhaderwah triple murder case, HC dismisses petition against Khoda, others | | | early times report
JAMMU, May 29: In a significant judgment, high court judge, Justice Hasnain Massodi today dismissed a petition against DGP Kuldeep Khoda and others in a triple murder case that took place in Bhaderwah, Doda, in 1996.
The petition was filed by Nazira Begum and Shaheena Begum, seeking a CBI probe into the incident. Nazira's husband Fazal Hussain Dar and Shaheena's husband Mohammad Hussain were among the three victims.
In a 20-page judgment, Justice Massodi observed that after the charge-sheet was presented on December 23, 1996, the petitioners had a fairly good idea about the prosecution story and the accused responsible for abduction and gruesome murder of three of the... | |
| | NIA questions CAPD employee, scrutinizes his bank account | Probe into Delhi High Court blast | | Asif Iqbal Naik
Kishtwar May 29: Three member National Investigating Agency probing last year's Delhi High Court blast case once again reached Kishtwar yesterday to scrutinize the bank accounts of an employee of Consumer Affairs and Public Distribution (CAPD) Department.
According to reports, NIA team headed by Inspector Vajpaee arrived in Kishtwar yesterday and questioned Pervaiz Ahmed son of Mohammad Sultan resident of Dachhan Kishtwar working as salesman in CAPD department.
Reports said that after questioning Pervaiz Ahmed over his alleged link with HM militants involved in Delhi High Court blast case, the NIA team also visited the Kishtwar branch of Jammu and Kashmir Bank and scrut... | |
| | Who triggered Pandit exodus? | | |
early times report
Srinagar, May 29 : The National Conference today said Kashmir was incomplete without Pandits. NC spokesman, Tanvir Sadiq while felicitating the Pandits on the occasion of Khir Bhawani festival appealed them to return back. He also accused the Peoples Democratic Party (PDP) of triggering the exodus through Jag Mohan.
Tanvir seems ignorant of the history. The people, by and large, believe that the National Conference failed the Kashmiris Pandits at a time when they needed it most. The NC government resigned when things got tough for it in January 1990. The NC leaders say that Dr Farooq resigned to protest appointment of Jag Mohan as governor of the state. But, they ... | |
| | Bizarre: Students accuse teachers of cheating in JU's Phy Edu Deptt. | | | early times report
Jammu, May 29: In a bizarre incident, students of department of Physical Education of Jammu University have alleged that the faculty of the department has been resorting to unfair means to benefit a student who is close relative of a senior member of the faculty.
In a written representation made to the university authorities, the students have demanded that the center for the MPEd and BPEd examination should not be made in the department so that their teachers could be refrained from indulging in mal practices to benefit the candidate in question.
An officer in the university staff administration confirmed that such a representation had been received. "We have not ve... | |
| | VHP schedule on Amarnath yatra has placed Govt. in deep predicament | | | Early Times Report
Jammu, May 29: Will the National Conference led Government provide the
much needed security cover to the activists of the VHP and the saffron
brigade, besides groups of Sadhus, planning to proceed to the holy cave of Amarnath, situated in south Kashmir, from June 3, about 22 days ahead from the schedule fixed by the Government and the Shrine Board ?
Has the Government any plan to resort to arrests of those activists and Sadhus who try to violate the Government fixed schedule of the annual yatra? Or in an alternative to reduce
confrontation with Hindu groups, will the Government ferry a group of VHP activists to the Cave shrine, considered to be the abode of Lord Sh... | |
| | Another drama, Govt convenes cabinet meeting at Tangdar | Choppers to take ministers for cabinet meeting | | Bashir Assad
Srinagar, May 29: Tangdar is a far-off place in equally farthest assembly segment of Karnah in north Kashmir's Kupwara district that the Omar Abdullah led cabinet has selected to meet today and in a move to provide administration to the people of this remote area at their door steps.
Interestingly , it will cost about one crore rupees to carry the VVIPs to Karnah where the highest decision making body of the state will discuss among other things the local development with one Tehsildar, Executive Engineer R&B Special Sub-Division Karnah and the SDPO. What a wonderful way to kid the people.
According to sources 16 cabinet ministers will arrive at Kupwara this morning wh... | |
| | Interlocutors suppressed truth to mislead nation | 1975 Accord | | RUSTAM
JAMMU, May 29: The interlocutors for Jammu & Kashmir have not done justice to the assignment they got from New Delhi in October 2010 in the wake of what happened in Kashmir during the summer months. They have, like the canny and communal NC leadership, suppressed and distorted facts to mislead the nation and strengthen the pro-autonomy forces in the Kashmir Valley. That they have suppressed and distorted facts could be seen from their highly controversial assertion: "The terms of the (Indira Gandhi-Sheikh Abdullah Accord negotiated by G Parthasarthy and Mirza Mohammad Afzal Beg) were never implemented". Chief Minister Omar Abdullah's uncle and senior NC leader Mustafa Kamaal, too, h... | |
| | Interlocutors diagnose ailment, prescribe wrong medicine | State Of Contradictions | |
NEHA
JAMMU, May 29: New Delhi-appointed interlocutors these days are under severe attack. The reasons are obvious. One of the reasons is that they have made suggestions which are neither acceptable to the Kashmiri leadership nor to the people of Jammu and Ladakh, notwithstanding the fact that they did succeed to an extent in diagnosing what ails the state's three distinct regions.
Take, for example, what they said while referring to the causes responsible for the so-called alienation of Kashmiri Muslims and causes of discontent in Jammu and Ladakh. It would be only desirable to quote verbatim the relevant portions from their report to put things in perspective. Regarding the causes of "... | |
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