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| Cabinet approves 3 new treasuries | | | Early Times Report
Srinagar Sept 28: The cabinet which met here today under the chairmanship of Chief Minister, Omar Abdullah has decided to open three new treasuries in the state one each at Dachhan in Kishtwar, Mandi in Poonch and Paisuru in Kargil district.
The cabinet decided that those empty trucks shall be exempted from payment of basic toll at Lakhanpur arriving to Kashmir valley for a period of three months from October 1 to ending December, 2010. The decision has been taken in view of incentvizing and encouraging movement of empty trucks for transport of fruit to outside markets.
The cabinet has also enhanced payment of damage to movable and immoveable property from existing Rs 1 lakh to Rs 10 lakh. Any person suffering loss or damage to movable and immovable property during any counter terrorist operation shall be entitled to a maximum compensation which has been enhanced from existing Rs 1 lakh to Rs 10 lakh. Accordingly the decision has been taken that total ceiling of one lakh or 50 % of total loss whichever is lesser has been enhanced to maximum ceiling of 7 lakh. The cabinet further decided to fix payment of compensation for loss to movable property to a maximum of Rs 3 lakh or assessed loss whichever is less.
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