J&K Bank as PSU: NC seeks roll back of decision; holds protests across Jammu

J&K Bank as PSU: NC seeks roll back of decision; holds protests across Jammu
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JAMMU: The National Conference on Saturday held protest rallies across Jammu division against recent decision of the State Administrative Council (SAC) in declaring Jammu and Kashmir Bank as a Public Sector Undertaking (PSU).
At Jammu, a protest rally was taken out from Sher-e-Kashmir Bhavan with National Conference workers carrying placards demanding “immediate roll back of the decision for the larger interests of Jammu and Kashmir which enjoy special position”, an official statement issued here read.
The National Conference leaders staged ‘sit-in dharna’ at Raghunath Chowk and raised slogans against the decision.
The speakers criticised the decision and expressed apprehensions that this would “adversely impact the functioning of Jammu and Kashmir Bank and shake the confidence of its huge clientele”, it read.
The speakers also castigated the administration for “eroding the special status of the state”, saying such decisions were detrimental to the interests of the people.
At Samba, the speakers hoped that the governor’s administration “will desist from taking policy decisions”, adding that these were “the prerogatives of the elected democratic dispensations”.
They expressed solidarity with the J&K Bank employees and extended their support to their “cause”. They said “the bank is an institution of the people who are against the decision”, read the statement further.
At Kishtwar, former Minister of State for Home and MLC, Sajjad Ahmed Kichloo said “the SAC decision reflects the anti-people mindset of fiddling with the basic characters of the special status of the state”.
“The SAC decision has put a question mark on the special status of the state,” Kichloo said, adding that all these attempts “will be fought tooth and nail and nobody will be allowed to fiddle with the special entity of Jammu and Kashmir”.
The protests were also held at Poonch. Rajouri, Kathua, Samba, Ramban, Banihal, Udhampur, Billawar, Reasi, Gool-Gulabgarh, Bishnah , R S Pura and other places of Jammu division where the National Conference leaders presented memorandum to the authorities against the SAC decision and called for its immediate roll back, it added.