Lavender cultivation brings ‘purple revolution’ to farmers in Doda

Tipri: Giving up the age-old traditional farming of maize crops, 200 progressive farmers residing in the vast hilly slopes of Jammu and Kashmir’s Doda have successfully embraced aromatic lavender cultivation that is comparatively more profitable, thereby, starting a purple revolution in the district. The farmers, who are growing lavender under the GoI Aroma Mission, said […]

Govt unlikely to go for privatisation of PSBs this fiscal

NEW DELHI: Privatisation of any public sector bank (PSB) during the current fiscal is very unlikely due to their low valuations and mounting stressed assets amid the COVID-19 crisis, sources said. At present, four public sector banks are under the RBI’s Prompt Corrective Action (PCA) framework, which puts several restrictions on them, including on lending, […]

Nafed procures 25,000 tonnes of onion so far to create buffer stock

NEW DELHI: Nafed on Sunday said it has procured 25,000 tonnes of onion so far from farmer producer organisations (FPOs), cooperatives and direct purchase centres at the prevailing rates for creating a buffer stock on behalf of the government. Last year, the Nafed had purchased a total of 57,000 tonnes of onion from the 2018-19 […]

Bad times for cherry: closed factories, locked down markets

Bad times for cherry: closed factories, locked down markets

Shopian: The Dabal variety of cherry is finding no buyers due to closed juice factories in Kashmir. And as rains continue to lash the valley, causing damage to the cherry crop, the market rates are also plunging further down with each passing day. According to growers, the market rates this year began at 30 percent […]

Director Law Enforcement chairs review meeting with agriculture officers

Srinagar: Director Law Enforcement Department of Agriculture JK Government Abdul Rahim Samoon chaired a review meeting of the officers of Law Enforcement Agency of Kashmir Division. He took stock of the working of the Enforcement Agency Officers and reviewed district wise status of the inspections made and samples collected of various pesticides and insecticides and […]

Restaurant and Café Association members meet Director Industries

Srinagar: The newly formed Restaurant and Café Association of Kashmir (RAK) led by its president Sheikh Feroz on Saturday met Mehmood Shah, director industries, Kashmir to provide all the government sponsored benefits to the valley based restaurants and cafés owners. Sheikh Feroz while giving the details about the meeting said,” The Director Industries in the […]

Director Horticulture oversees auction of fruit crops

SRINAGAR: Director Horticulture Kashmir, Mr Ajaz Ahmad Bhat, today paid a visit to district Ganderbal to oversee auction of fruit crop of departmental orchards. On the occasion he took stock of various activities in the departmental nurseries, interacted with the fruit growers and other stakeholders who put forth their problems related to plantation, marketing, processing […]

BGSBU Organizes Webinar to discuss the Revival of Tourism Industry

Srinagar: Baba Ghulam Shah Badshah University Rajouri organized a national webinar on Covid-19: A Wake-up call for the survival and revival of the tourism industry. Prof. Javed Musarrat, Vice chancellor of the University inaugurated the webinar. Speaking on the occasion, Prof. Musarrat said that The COVID-19 pandemic has hit the tourism industry across the globe […]

J&K Bank lowers interest rates on loans, assures food processing units of maximum support

Extends electricity-bill submission date to last day of month in m-Pay

Srinagar: J&K Bank has lowered its marginal cost of funds-based lending rate (MCLR) by 0.05 percent for various tenors. Taken during the ongoing pandemic, the move to pass on the benefit of reducing cost of funds to the borrowers, is very much in line with the regulator’s directions. The bank after reviewing the MCLR lowered […]

Advisor Sharma attends 40th GST Council Meeting

SRINAGAR: Advisor to Lieutenant Governor, KK Sharma, today represented Jammu and Kashmir at the 40th GST Council meeting held through video conferencing under the chairmanship of Union Finance Minister. During the course of discussions, the Council decided that no late fee will be levied on the registered entities with Zero Goods and Services Tax (GST) […]