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LG hands over cheque of Rs 250 crore to J&K Bank as second installment of 5% Interest Subvention

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3.41 lakh small & big business units availed benefits of Interest Subvention, says the LG

Rs 264 cr disbursed as financial assistance to 16,800 youth identified to become entrepreneurs under B2V & My Town My Pride programmes: Lt Governor

(Asian News Hub) – Lieutenant Governor, Manoj Sinha today handed over a cheque of Rs 250 crore to Jammu and Kashmir Bank as second installment of 5% Interest Subvention under Economic Package, as a relief for the business sector in J&K.

While interacting with the media persons on the occasion, the Lt Governor observed that around 3.41 lakh small and big businessmen and business establishments have availed of the benefits of the Interest Subvention.

We will continue to release the Interest Subvention part as and when we receive the request, the Lt Governor added.

Highlighting the initiatives taken by the government for bringing reforms in the economic sector in J&K, the Lt Governor said that an amount to the tune of Rs 264 crore has been disbursed as financial assistance to 16,800 youth identified to become entrepreneurs under the Back to Village and My Town My Pride programmes, and termed the initiative as Bank’s home delivery of services to the aspiring entrepreneurs.

Replying to the queries of the media persons, the Lt Governor observed that investors from across the globe are eyeing J&K as their preferred investment destination.

With a ready land bank and plethora of opportunities waiting for them, the investors will find J&K as a promising and lucrative destination for their investments. The Rs 28,400 cr New Industrial Development Scheme, will certainly boost the morale of entrepreneurs and investors, he said.

In the Healthcare sector, the Lt Governor said that all efforts would be made to bring the big players in the sector to the UT.

Sh. Arun Kumar Mehta, Financial Commissioner, Finance Department; Sh. RK Chhibber, Chairman and MD J&K Bank and Sh. Sunit Kumar,  Zonal Head, J&K Bank were present on the occasion.

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In 3 hours; two LeT (TRF) militants killed in Pulwama, Sgr encounters: Police

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Militant killed in Pulwama was involved in killing of PDD employee at Batamaloo; Slain at Bemina encounter had killed SI Arshid at Khanyar, both slain locals; now only 3 militants active from Sgr district; 11 militants killed in 8 encounters this month: IGP Kashmir Vijay Kumar

(Asian News Hub) – Jammu and Kashmir police Friday said that two Lashkar-e-Toiba (TRF) militants were killed in two separate encounters in southern Pulwama and Srinagar, who were involved in the killing of a civilian and probationary sub-inspector.

A police officer told news agency—Kashmir News Observer (KNO) that based on a specific input, police, army and CRPF launched a cordon and search operation in village Wahibugh area of Pulwama. “During the search operation, when the suspected house where the militant was hiding, was zeroed-in, repeated offers of surrender were made. But the militant fired indiscriminately at the forces triggering a gun-battle,” he said. “In the ensuing encounter, one militant identified as Shahid Bashir Shiekh, resident of Habba Kadal, Srinagar was killed and his body retrieved from the site of encounter.” The officer said that slain militant had joined militancy recently and was linked with Lashkar-e-Toiba (TRF). Inspector General of Police (IGP) Kashmir Vijay Kumar told KNO that slain militant Shahid was involved in the killing of civilian and PDD employee Muhammad Shafi Dar of Batamaloo, Srinagar. “We have recovered an AK-47 riffle from the slain militant,” the IGP said.

Also Read: Afghanistan: 37 killed, over 70 injured as blast hits Shia mosque in Kandahar

About the second encounter, police said based on a specific input by police about the presence of a militant at Hamdaniya Colony Bemina area of Srinagar, an operation was launched by the police in the area. “During the search operation, the hiding militant was asked to surrender but he fired at the forces triggering an encounter,” a police official said, adding that “In the ensuing encounter, one militant identified as Tanzeel Ahmed, a resident of Haba Kadal, Srinagar.

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He said that the slain Tanzeel was involved in the killing of Probationary Sub Inspector Arshid Ashraf at Khanyar, Srinagar on September 12. The Kashmir police chief said that Shahid and Tanzil were also “collaborators in recent killings of a chemist and two teachers in the city.” The IGP Kashmir said that after recent civilian killings, Srinagar based militants had shifted to South Kashmir “but we continued to track their movements and managed to zero in on them today.”

Also Read: Will live and die with Muslims; no question of migration: non-migrant KPs

“Now only three militants are active as two have been killed today. We are after the remaining three and will soon get them,” the IGP said, both the encounters took place within a span of three hours. “Both operations are over and two-AK-47 rifles have been recovered from the two slain militants,” he said.

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Militant killed in Bemina Sgr

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(Asian News Hub) – One militant has been killed in an ongoing encounter that broke out between forces and militants in Bemina area of Srinagar.

According to the news agency—Kashmir News Observer (KNO), officials said that a militant has been killed while the operation is still on in the area.

Also Read: Militant from Sgr involved in recent civilian killings killed in Pulwama gunfight: IGP

“#Encounter has started at #Bemina area of #Srinagar. Srinagar Police on the job. Further details shall follow,” Kashmir Police Zone tweeted.

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Militant from Sgr involved in recent civilian killings killed in Pulwama gunfight: IGP

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(Asian News Hub) – Inspector General of Police (IGP) Kashmir Zone, Vijay Kumar Friday said that a militant from Srinagar, who was involved in recent civilian killings has been killed in Pulwama gunfight.

According to reports the gunfight broke out between forces and militants in Wahibugh area after a joint team of Police, Army’s 50 RR and CRPF launched a Cordon and Search Operation (CASO) on specific information about the presence of militants in the area.

Killed #terrorist has been identified as Shahid Basir Sheikh of #Srinagar. He was involved in recent #killing of #civilian (Mohd Safi Dar, PDD Deptt’s staff) on 2/10/21. AK 47 rifle was used in his killing. One AK rifle along with Mag/Amn recovered: IGP Kashmir, Kashmir Zone Police tweeted.

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