Editorial: Steering through crisis

  Srinagar: The various Public Sector Undertakings (PSU’s) in the state of Jammu and Kashmir are turning out to be white elephants for the economy. These PSU’s though formed to provide support to the state by increasing the revenue and profit component of the state’s budget have been eating into the state’s budgetary allocations and […]

Govt formulating comprehensive dev plan for tribal population: Zulfkar

Jammu:  Minister for Food, Civil Supplies & Consumer Affairs (FCS&CA) and Tribal Affairs, Chowdhary Zulfkar Thursday said that government is working out a comprehensive development plan for tribal population with a view to stop their distressed migration.  He said education, skill development, healthcare and their economic sustenance form the main features of the plan which […]

Dr Nisar appointed Registrar NIT Srinagar

New Delhi: Dr Nisar Ahmad Mir, Joint Secretary, University Grants Commission (UGC), New Delhi has been appointed Registrar, National Institute of Technology (NIT) Srinagar. Dr Nisar besides looking after various bureaus in UGC, was country head for the prestigious National Academic Depository (NAD) project, under which a digital locker is being created for students in […]

Govt extends Gratuity benefit to NPS employees

Jammu: In a significant decision, the Government has extended the benefit of Death-cum-Retirement gratuity to the employees working under the New Pension Scheme (NPS). “Provided that the Government employees/ family members of such Government employees as have been appointed or brought on regular establishment on or after 01.01.2010, on their retirement/death in harness shall be […]

Restructuring only way out for reviving PSUs, says FM

  Jammu: Minister for Finance, Labour & Employment Dr Haseeb Drabu today pitched for immediate restructuring the Public-Sector Undertakings (PSUs) operating in the state to make them better organized as per the present requirements. The Minister said this while reviewing the functioning of various PSUs at a marathon meeting convened, here today. Minister of State […]

Govt working towards mitigating problems of PSUs: Bhat

  Jammu: Jammu and Kashmir Government has successfully overcome the problems faced by various public-sector undertakings and Most of the PSU’s are now back on rails, making profitable business through increased productive schemes. Stating this, Nizam-ud-din Bhat Vice Chairman of Handloom and Handicraft Development Corporation, said this augur well for states growing economy as PSU’s […]

J&K Bank donates ambulance to Dargah Hazratbal

Srinagar: J&K Bank Chairman and CEO Parvez Ahmad today presented the state-of-the-art ambulance to the senior functionaries of J&K Waqf Board while paying obeisance at the Dargah Hazratbal. Chairman Parvez Ahmed handed over the key of vehicle to the Waqf Board’s Sr. Controller Finances Ajaz Ahmad Mir in presence of the bank’s Executive Presidents Vagesh […]

Cattle, sheep rearing key sectors of state’s economy: Minister

Jammu: Minister of State for Forest, Animal, Sheep Husbandry, Fisheries and Cooperative, Mir Zahoor Ahmad today visited   Central Cattle Breeding, Research Farm & Poultry Farm Balicharana   and took stock of functioning of these units. He also inspected Training Centre there. At the Cattle Farm, Mir Zahoor asked the Management of the Farm to adopt modern […]

Train services suspended for tomorrow

Srinagar: Train services across Kashmir have been suspended for tomorrow, a Railway official said on Thursday evening. The decision as per the official has been taken in wake of security scenario following the killing of four militants in two separate encounters today. ”We have suspended train services across Kashmir for security reasons,” a railway official […]

Restructuring PSUs only way out for their revival: Fin Min

JAMMU: Minister for Finance, Labour & Employment Dr Haseeb Drabu today pitched for immediate restructuring the Public-Sector Undertakings (PSUs) operating in the state to make them better organized as per the present requirements. The Minister said this while reviewing the functioning of various PSUs at a marathon meeting convened, here today. Minister of State for […]