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J&K Bank headed for major crisis as alarming rise in NPAs Officials of state's 'apna bank' serve rich defaulters, punish poor 5/10/2016 12:03:11 AM Hyder Ali Early Times Report Srinagar, May 9: The J&K Bank is headed for a major crisis in wake of alarming rise in Non-Performing Assets (NPAs), which are feared to touch Rs 4,000 crore. While the balance sheet for year ending March 31, 2016 is yet to be made public, sources said its release would open Pandora's box for the bank and state as well, as the government has 53.17% stakes in the premier financial institution. The NPA rose alarmingly from Rs 783 crore in 2014 to Rs 2,764 crore in 2015, while the upcoming statement is feared to expose record rise in "bad loans". Sources said uncontrolled lending of loans worth crores of rupees to the influential people who fail to clear the debts has been a major cause for the rise in the NPAs, something which tells upon the financial health of the bank. Sources said in the past over 25 years of conflict, the bank officials had "developed a habit of not declaring the NPAs properly, only to keep their political masters in good humour." Finally in March 2014, the J&K Bank tumbled 13.93% to Rs 1,584 at 13:38 IST on BSE after a media re...   READ MORE

FRONT PAGE STORIES

'Jammu people have to fend for themselves' KuldipNayar bats for pre-1953 days 5/10/2016 12:02:58 AM Early Times Report jammu, May 9: It's highly abominable. It's disgusting. It's insulting. No one talks about the nationalist people of Jammu province and their aspirations. Even those who bat for minority rights in the rest of the country don't speak for the neglected and alienated people of Jammu province or the minorities like Hindu, Sikh and Buddhist. These secularists only talk about the majority population of Kashmir, especially Kashmiri Muslims, despite the fact that they have been ruling the state and exploiting the people of Jammu province and Ladakh region in a most brazen manner since 1947. Everyone in the establishment and almost all opinion-leaders and commentators consider pe...   READ MORE   MLA Raina's goons make life hell for poor couple 5/10/2016 12:02:45 AM Early Times Report Rajouri, May 9: A group of goons allegedly loyal to BJP MLA Ravinder Raina has made the life of a couple hell by continuously harassing them. Ajay Sharma, working as a daily wager with Social Forestry department in Reasi, was fired by Raina on the pretext that he was exposing the misdeeds of administrative works in Rajouri to media. Though Sharma, a resident of Nohoti village, had given in writing to his department that he had not leaked anything to the media, the MLA fearing for his political stature got Sharma removed from his job. Now in a recent development, the MLA convened a meeting at Rajouri guest house where he directed his so-called followers and supporter...   READ MORE   Water crisis deepen in 3 BJP ministers' constituencies 5/10/2016 12:02:37 AM Early Times Report Jammu, May 9: Acute scarcity of water has exposed tall claims of the BJP ministers of taking serious steps to solve day today problems of the residents of their respective constituency. Although entire Jammu province is confronting with the problem of non-availability of potable water, constituencies of three important ministers are worst affected where all natural resources have dried up and most of the water supply schemes have become defunct. Media reports from Kathua indicate that residents of mountainous belts of this district are facing worst ever water crisis this year and non-availability of drinking water has added their woes. Reports said that water crisis...   READ MORE   Politicians, babus skip cremation of Kishtwar soldier Have no time to express solidarity with bereaved family 5/10/2016 12:02:20 AM Asif Iqbal Naik Early Times Report Jammu, May 9: The Territorial Army man Sepoy Kishori Lal Rathore resident of Dhar hamlet of Badhat village of Drabshala in Kishtwar district who died near the Line of Control (LoC) in Machil Sector in frontier district of Kupwara during an anti infiltration operation to prevent the infiltration bid from across the border was today cremated with full military honour and his mortal remains were put to conflagration on the bank of river Chenab at Drabshala Ki...   READ MORE   Jammu's quest for true representative continues unabated after BJP's failure 5/10/2016 12:01:46 AM Raj Sandeep Early Times Report jammu, May 9: The people of Jammu, who have suffered at the hands of BJP leaders elected as their representatives for legislative assembly, are still in quest of their true local representative determined to represent the hopes and aspirations of those who expected BJP to be only the real protectors of their interests. A stalwart of a political party while talking to correspondent of Early Times, said on the condition of anonymity that after the negative role of leaders belonging to BJP marginalizing its own supporters in Jammu, a strong wind is blowing for search of genuinely true representatives to vouch for cause of Jammu having suffered emotional...   READ MORE   Ex-SSP who deals in disputed properties only Has earned a huge profit from one such deal in Jammu 5/10/2016 12:01:34 AM Early Times Report JAMMU, May 9: Using his influence, a high-profile retired SSP is nowadays alleged to be making a huge money by purchasing and selling disputed properties. He was alleged to have made a lot of money in one such deal in Jammu. Police sources said he did the land business before his retirement also, but turned a full time property agent after his retirement. Before his retirement, he was termed as powerful in state police circles. He often exploited his political connections to get choice postings, but was not given any significant posting when he was at the verge of his retirement. Sources said he wanted to be posted as SSP, Jammu, before his retirement, but the polic...   READ MORE   Despite funds, PWD soft paddling on macadamization work in Jammu 5/10/2016 12:01:22 AM Arun Singh ET Report jammu, May 9: Despite another Rs 60 crore released to Chief Engineer Public Works Department (Road and Building) Jammu for macadamization of roads in Jammu province, the pace of work is considerably slow on the ground as compared to Kashmir province as only 70% of work has been completed here so far. Sources told Early Times that an allocation of Rs 60 crore was released to Chief Engineer Public Works Department (Road and Building) Jammu for carrying out and expedite the macadamization work but the work was not speeded up by the authority concerned "Although PWD R&B Jammu, earlier received an amount of Rs 106 crore for the purpose so that the work of macadamizati...   READ MORE   CM mocks at Omar for posting picture of 2010 agitation on Twitter 5/10/2016 12:01:12 AM Jehangir Rashid Early Times Report srinagar, May 9: Chief Minister Mehbooba Mufti today mocked at former chief minister and working President of National Conference, Omar Abdullah for posting a picture of 2010 summer agitation on his twitter handle and relating the same with the incidents that took place after the recent Handwara issue. Talking to media persons here at the reopening of Durbar Move offices, Mehbooba said that Omar should not have posted the picture since it was of 2010 when he was the chief minister of the state. She in a sarcastic tone said that it is expected that former chief minister does not repeat this mistake vis-à-vis the ongoing 'controversy' over the establishme...   READ MORE   Employees, visitors dismayed over poor arrangements at Secretariat 5/10/2016 12:01:04 AM Ishtiyaq Ahmad Early Times Report srinagar, May 9: While the Civil Secretariat opened after six-months in Srinagar, employees and the visitors were dismayed over the "poor" arrangements made by the Estates Department. The Civil Secretariat and other offices closed in Jammu on April 29 and opened in Srinagar on Monday. Surprisingly, the Estates Department had not made any arrangements for the officials thus bringing many inconveniences to employees and the visitors. Everything was in a haphazard manner including the chairs and tables inside the official chambers of some of the commissioner secretaries and senior officials. "See the condition of this room. It has not been properly cleane...   READ MORE   Wah Lal! Forest minister coerces officers to welcome him from Srinagar to Jammu 5/10/2016 12:00:53 AM Jehangir Rashid Early Times Report srinagar, May 9: The age old adage 'absolute power corrupts absolutely' aptly fits with a recent action of a minister of Mehbooba Mufti led coalition government in the state. The minister has been in news in past as well and he has added yet another 'feather' to his cap. Sources told Early Times that Minister for Environment and Forests, Chaudhary Lal Singh came to Srinagar from Jammu on Sunday (May 8) by road. This gesture of the minister would have been appreciated by one and all, but that was not to be. This was due to the reason that the minister issued 'diktats' to the officers of the departments that are being looked after by him. Lal Singh had i...   READ MORE   3 absentee teachers suspended after students, parents complain 5/9/2016 11:54:34 PM Tahir Mushtaq RAMBAN, May 9: To provide education to every child at the doorstep, centre as well as state governments have initiated various schemes, but their faulty implementation by the officials concerned and poor monitoring mechanism is restraining the maximum benefit of these schemes reach the targeted beneficiaries. According to sources there are number of government education institutes in the rural areas of the state which are badly affected by the casual attitude of the staff and ...   READ MORE   Illegal commercial operation by hoteliers in Pahalgam, Director Tourism unmoved Movera Hotel inferno exposes Tourism Department 5/9/2016 11:54:19 PM Saahil Suhail Early Times Report Anantnag, May 9: As many as fifteen hoteliers at Movera Pahalgam, are operating their hotels illegally allegedly with the active support of Director Tourism Kashmir. Interestingly, a recent inferno in one of the illegally operating hotels on Saturday exposed the tourism department officials, who allow them to carry on commercial operations illegally while clamming in to have shut the hotels. Locals informed Early Times that they were surprised to see po...   READ MORE   Spurious I/V fluid: Dir Health asks hospitals to be cautious 5/9/2016 11:52:19 PM Sumit Sharma Early Times Report Jammu, May 9: The J&K Medical Supply Corporation(JKMSC) has supplied the infected intravenous fluids to the hospitals forcing the Directorate of the Health to shot a letter to all the Medical Superintendents and Block Medical Officers of the hospitals in Jammu region to maintain the record of I/V fluids, drip sets and patients properly as I/V fluids have adverse reactions. As per communiqué to CMOs of hospitals in Jammu division by Directorate of Health Services Jammu Division having No DHJ/42-54 having subject Adverse reaction with I/V fluids "Medical Superintendent, Govt. Hospital Gandhi Nagar, Jammu vide his letter No. GNH/J/208-10 Dated. 6.05.201...   READ MORE   PIO wants RTI applicant to pay Rs 20,000 as honorarium for compiling reply 5/9/2016 11:51:58 PM Early Times Report Jammu, May 9: In an interesting case related to discouraging an RTI applicant , an Executive Engineer (XEn) of Power Department Jammu who happens to be the PIO under RTI Act as well has advised his Chief Engineer (First Appellate Authority) to direct an information seeker to pay Rs 20,000 (twenty thousand) to a retired accounts official so that he is engaged to process the RTI application of the applicant. The XEn in his letter to Chief Engineer (FAA) has said that there is no post of Accounts Assistant available in his office and that is the reason RTI applicant be asked to pay honorarium to a hired accountant. Details available with Early Times reveal that one Suni...   READ MORE   Students of Doda, Kishtwar colleges fear uncertain future 60% syllabus courses uncovered 5/9/2016 11:51:47 PM Bijay Charak Early Times Report Jammu, May 9: With 2nd semester examination of Jammu University undergraduate course approaching, 60 percent syllabus of Doda, Kishtwar colleges is yet not covered due to which the future of hundreds students is threatened. Ammar Manzoor Dar, a student of Government Degree College (GDC) Bhaderwah told Early Times that in last week of this month, Jammu University is going to conduct 2nd semester examination of all undergraduate courses while in the colleges falling in Doda, Kishtwar regions merely 40 percent syllabus has been completed. "Previous year Jammu University had started semester system in under graduate courses and in December, 2015 1st semes...   READ MORE   PPP flops as investors shy away 5/9/2016 11:51:39 PM Peerzada Ummer Early Times Report Srinagar, May 9: Despite government's hectic efforts of making Public Private Partnership (PPP) a success in the otherwise cash starved Jammu and Kashmir; there is not even a single investor who has submitted a proposal before the government. The state government had issued an order during one of the cabinet meets that Public Private Partnership (PPP) would be initiated in 10 vital sectors of the state so that a 'new era of development in ushered in Jammu and Kashmir'. But, five months later, sources in the government divulged that there is not even a single investor who has come forward with the project and has consented to invest. The infrastruct...   READ MORE   Rattled BJP's attack on Pawan has no takers News ANALYSIS 5/9/2016 11:51:34 PM Early Times Report jammu, May 9: The Saturday blistering attack of former MoS and independent MLA from Udhampur on the BJP has not only exposed the so-called nationalist BJP and its double-speak but also rattled the party leadership. That day, Gupta had charged the BJP with giving up its ideology for the sake of power and asserted that the BJP had lost its independent character. "Hitherto, the BJP was ideologically bankrupt. Now, the BJP has established that it is also politically bankrupt and corrupt," he had said. So much so, he had claimed that the BJP had merged its identity with the PDP. "The BJP is not the B-team of the PDP. It has actually merged with the PDP for enjoying power ...   READ MORE

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JKNPP demands local bodies polls in conformity with HC orders Separatists desperate to vitiate peace Influentials encroach poor man's land, construct house; Revenue Deptt, CB watch People write to CM, seek her intervention; demand investigation into misappropriation of funds HC issues notice to Bali Bhagat, orders status quo Petition filed in HC for filling up posts of CIC, IC Man booked for cheating MBBS aspirant NC draws flake for opposing Sainik Colony in Valley Opposition to Sainik Colony in Kashmir, silence of BJP intriguing: Hari Om HC orders listing of old cases during vacations Non-lodging of FIR by SVO against ex-housing minister, HB MD DB asks Handwara girl's parents to file affidavit for no need of police protection to their daughter Two missing minors recovered within 24 hours Power shut down CM watches 'Transit of Mercury' at KU BKS organizes seminar POWERGRID carries out cleanliness drive RM Public School holds Fancy dress competition BSF School organizes Inter House Badminton tournament Awareness camp on 'social security schemes' organized "Healthy Tiffin" competition organized Shobha yatra taken out on Parshuram Jayanti LIC employees hold meeting, elect committee members Governor reviews advance registration for Shri Amarnathji Yatra-2016 Shahidi Divas of Banda Bahadur observed DPK expresses concern over weapon snatching RTI workshop held at GDC Beerwah Congress leaders condole demise of Gurdev Singh Credit for survival in exile to women: Ambardar Kashmiri Migrant Relief Holders stage protest against State, Centre Govt Passenger traffic allowed from both sides, trucks to ply on alternate days on Jmu-Sgr highway Illicit distillation hubs raided, 1250 Kg Lahan destroyed All is not well in SDH Mandi, People demand inquiry Army recovers large quantity of ammunition in Rajouri sector Amitabh Mattoo assumes charge as Advisor to CM Continue reservation in promotion, Poonchi urges CM District administration, NHAI carry out anti encroachment drive PAB Officials, Warden (Boys) Pahari Hostel sitting on RTI: RPA DTM Magistrate imposes fine on defaulters CEO conducts surprise inspection of schools Unidentified woman found dead Locals demand inquiry in hung up Bye Pass Mandi AISF's plea to Education Minister Joint delegation of CWA, GNRWS call on PDD officials Teachers' demand early release of SSA Teachers' salaries Team Jammu asks political parties to deal with drug mafia Farooq pitches for autonomy for divided Kashmir AJKLTF Poonch calls on CEO, Submits detailed report J&K Grameen Bank organizes awareness programme on Financial Inclusionat Leh BBIA hails CM's initiative to revive industrial sector   READ MORE THIS SECTION

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States can’t conduct their own tests for admission to medical colleges: Supreme Court THE INVISIBLE HAND BECOMES VISIBLE Green Boots: The Landmark Ethical Question from Mount Everest Terrorism and Diplomacy in Kashmir Disturbing trends surface in Kashmir Bench Press competition held at KC Sports Club   READ MORE THIS SECTION

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