3 Jamaat-e-Islami Kashmir leaders arrested, a dozen assets sealed in Jammu

Agencies
March 4, 2019

Jammu, Mar 4: Three prominent leaders of the recently banned Jamaat-e-Islami (JeI) were arrested and nearly a dozen assets sealed during raids across six districts of Jammu province, police said on Sunday.

The day-long raids on the offices and houses of JeI leaders and activists were conducted in Kishtwar, Doda, Ramban, Poonch, Rajouri and Jammu districts Saturday, during which a large quantity of incriminating documents were seized for scrutiny, a police officer said.

He said at least six bank accounts linked to the group have been identified and the banks concerned directed to immediately freeze them.

The Centre Thursday banned Jamaat-e-Islami Jammu and Kashmir for five years under anti-terror law on grounds that it was "in close touch" with militant outfits and was expected to "escalate secessionist movement" in the state.

A notification, banning the group under the Unlawful Activities (Prevention) Act, was issued by the Ministry of Home Affairs after a high-level meeting on security, chaired by Prime Minister Narendra Modi.

Top leaders of the organisation along with over 150 activists were arrested in Kashmir Valley, where the group has a large presence, last week.

Mohammad Majeed Sheikh, Mohammad Iqbal Naik and Ghulam Qadir Bhat were arrested from Kishtwar district, where another Jamaat leader, Ghulam Nabi Gundana, was put under house arrest as he had undergone a surgery recently, the officer said.

He said two Jamaat activists, who were detained in Doda, were later released after questioning.

All schools run by JeI in the districts were searched during the raids on Saturday, the officer said adding these schools were not sealed but are being kept under surveillance.

Meanwhile, vice president of state Congress and former minister G M Saroori voiced his resentment against the crackdown on JeI and said the action against the group is against the democratic set up of the country.

"Jamaat is not a terrorist organisation... It is running over 300 schools in the state for six decades and providing employment to thousands of educated youth," Saroori, who hails from Kishtwar district, said.

He said the action against the religious organisation seems "politically motivated" in view of the upcoming Lok Sabha election.

"If government has any proof against Jamaat, it should make it public. The action against anyone involved in terrorism or waging war against the country is justified but banning a group which is involved in religious preaching and believes in Islamic ideology is against the democratic values," he said.

Referring to the arrest of Mohammad Iqbal Naik from Kishtwar, he said he is a thorough gentleman, who served as a doctor before his retirement.

"We have never seen him indulging in anything wrong. If anyone is involved in terrorism, the action against him is justified but banning any group and putting its activists in jails is not in good taste," he said.

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Agencies
June 2,2020

Singapore, Jun 2: Moody's Investors Service on Tuesday downgraded 11 Indian banks along with as many non-financial companies and infrastructure majors besides four government-related issuers following a downgrade of the Indian government's issuer rating to Baa3 from Baa2 with a negative outlook.

The rapid and widening spread of the coronavirus outbreak, deteriorating global economic outlook, volatile oil prices and asset price declines are creating a severe and extensive credit shock across many sectors, regions and markets, said Moody's.

The Indian banking sector has been affected given the disruptions to India's economic activity from the coronavirus outbreak, which is weakening borrowers' credit profiles, it added.

The 11 lenders include Bank of Baroda, Bank of India, Canara Bank, Central Bank of India, Export-Import Bank of India, HDFC Bank, Indian Overseas Bank, IndusInd Bank, Punjab National Bank, State Bank of India and Union Bank of India.

The 11 non-finance companies are Oil and Natural Gas Corporation, Hindustan Petroleum Corporation, Oil India, Indian Oil Corporation, Bharat Petroleum Corporation, Petronet LNG, Tata Consultancy Services, Infosys, Reliance Industries, UPL Corporation and Genpact.

The 11 infrastructure companies are NTPC, NHPC, National Highways Authority of India, Power Grid Corporation, Gail India, Adani Green Energy Restricted Group (RG-2), Adani Transmission Restricted Group, Adani Ports and Special Economic Zone, Adani Transmission, Adani Electricity Mumbai and Azure Power Solar Energy.

The four Indian government-related issuers are Indian Railway Finance Corporation, Housing and Urban Development Corporation, Power Finance Corporation and REC Ltd.

"Government-related issuers in India have been affected because of disruptions to India's economy which will weaken borrowers' credit profiles," said Moody's.

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Agencies
March 14,2020

New Delhi, Mar 14: The central government on Saturday declared COVID-19 as a national 'disaster' and announced to provide ex-gratia relief of Rs 4 lakh to the families who died of the virus.

The Ministry of Home Affairs in a letter to states and union territories stated: "Keeping in view that spread of COVID-19 virus in India the declaration of it as pandemic by World Health Organisation, the Central government has decided to treat it as a notified disaster and announced to provide assistance under State Disaster Response Fund (SDRF)."

The Centre said that cost of hospitalization for managing COVID-19 patient would be at the rates fixed by the state governments. The state government can use SDRF found for providing temporary accommodation, food, clothing and medical care for people affected and sheltered in quarantine camps, other than home quarantine, or for cluster containment operations.

The state executive committee will decide the number of quarantine camps, their duration and the number of persons in such camps. "Period can be extended by the committee beyond the prescribed limit subject to condition that expenditure on this account should not exceed 25 percent of SDRF allocation for the year," the Ministry of Home Affairs notification stated.

The cost of consumables for sample collection would be taken from the funds which can be sued to support for checking, screening and contact tracing.

Further, funds can also be withdrawn for setting up additional testing laboratories within the government set up. The state has also to bear the cost of personal protection equipment for healthcare, municipal, police and fire authorities. Further SDRF money can also be used for procuring thermal scanners and ventilation and other necessary equipment.

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News Network
February 14,2020

Feb 14: R K Pachauri, a former chief of The Energy and Resources Institute, passed away on Thursday after a prolonged cardiac ailment, TERI Director General Ajay Mathur said.

He was 79.

"It is with immense sadness that we announce the passing away of R K Pachauri, the founder Director of TERI. The entire TERI family stands with the family of Dr Pachauri in this hour of grief," Mathur said in a statement issued by the TERI.

"TERI is what it is because of Dr Pachauri's untiring perseverance. He played a pivotal role in growing this institution, and making it a premier global organisation in the sustainability space," said Mathur, who succeeded Pachauri at TERI in 2015. Pachauri was admitted to Escorts Heart Institute in the national capital where he underwent open heart surgery and was put on life support on Tuesday, sources said.

In the statement issued by TERI, its Chairman Nitin Desai hailed Pachauri's contribution to global sustainable development as "unparalleled".

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