Omar Abdullah, Mehbooba out under house arrest; internet snapped in Kashmir

News Network
August 5, 2019

Srinagar/New Delhi, Aug 5: Three of Jammu and Kashmir's most prominent politicians Mehbooba Mufti, Omar Abdullah and Sajad Lone were put under house arrest late Sunday night amid a massive security-built up in the state.

Internet services and mobile services were suspended in several places and all public gatherings were banned in Srinagar district as section 144 was imposed from midnight.

Jammu and Kashmir National Conference Vice President Omar Abdullah had on Sunday evening tweeted saying that he has been informed that an "unofficial curfew" was about to begin in Kashmir and mainstream leaders were going to be detained or kept under house arrest.

"If officers in the state government are to be believed mobile internet is going down now, an unofficial curfew is going to start and mainstream leaders are going to be detained. No idea who to believe and where this is heading," he tweeted.

"I believe I’m being placed under house arrest from midnight tonight & the process has already started for other mainstream leaders. No way of knowing if this is true but if it is then I’ll see all of you on the other side of whatever is in store. Allah save us," the NC leader said.

Abdullah had further said that government's decision to stop Amarnath Yatra, citing security concerns and intelligence inputs about the possibility of terror attacks, was exposed. "So we can debunk the stories that were being fed to the channels about everything that's been happening in Kashmir over the last few days, including the yatra stoppage, happening because of Pakistan," he added.

Earlier on Sunday, leaders of the mainstream political parties in Kashmir held an all-party meeting in Srinagar to discuss the prevailing situation in the Valley.

Kashmir remained on edge as authorities stepped up security deployment at vital installations and sensitive areas amid heightened terror threat and flare up of hostilities with Pakistan along the Line of Control (LoC).

After the Jammu and Kashmir administration curtailed the Amarnath Yatra and asked pilgrims and tourists to leave the valley at the earliest on Friday, anxious residents continue to throng markets to stock on essentials and serpentine queues have been visible outside shops and fuel stations.

Former India all-rounder Irfan Pathan, the mentor of Jammu and Kashmir state teams who was in Srinagar to oversee the trials for the U-16 (Vijay Merchant Trophy) and U-19 (Cooch Behar Trophy) squads, has left Srinagar, along with the young players. "We have for the time being postponed the second phase of junior team trials...since there has been a government advisory, I had a meeting with Jammu and Kashmir Cricket Association...Accordingly, it was decided that boys need to be sent back home," Pathan was quoted as saying by news agency PTI.

Various educational institutions also directed their students to vacate hostels.

Additional paramilitary forces, which arrived here last week, have been deployed across the city and in other vulnerable areas of Kashmir Valley, the officials said.

The strength of the security personnel has been increased around vital installations such as the civil secretariat, police headquarters, airport and various central government establishments in the city, they said. Barricades have been erected on many arterial roads, including the entry and exit points to Srinagar, the summer capital of the state. Riot control vehicles have also been kept on standby in some areas where apprehension of law and order disturbances is more, the officials added.

Meanwhile, Pakistan Prime Minister Imran Khan said that it was the right time for US President Donald Trump to mediate on Kashmir turmoil.

Pakistan further warned India that it is ready to respond to any "misadventure or aggression" by the Indian forces, as the country's top civil and military leadership discussed the sudden spike in tensions with New Delhi during a meeting of the National Security Committee.

The meeting criticised "Indian actions which would have adverse implications for regional and international peace." Pakistan reiterates that Kashmir is a long standing unresolved international dispute which needs peaceful resolution. Pakistan therefore urges India to come forth to resolve the issue in accordance with the aspirations of the Kashmiri people, it said. It said that the recent "buildup of forces" is adding "fuel to fire".

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Agencies
January 24,2020

New Delhi, Jan 24: The government's plan to sell national carrier Air India may face political and legal headwinds with senior BJP leader Subramanian Swamy raising the red flag against the decision.

Days before the launch of bidding process by inviting Expressions of Interest (EoI) from potential suitors, Swamy has warned against such move, saying the issue was currently being discussed by a Parliamentary panel.

"Right now, it (Air India disinvestment) is before the consultative committee and I am a member of that. I have been asked to give a note which will be discussed in the next meeting. They can't go ahead without that," Swamy told media.

"If they do, I will go to court. They know that too," he cautioned.

A vocal opponent of Air India privatisation, Swamy had earlier suggested to list 49 per cent of Air India shares on stock exchanges while government holds 51 per cent in the carrier, as an alternative to selling its entire stake to private companies.

It has been reliably learnt that the Rajya Sabha member had expressed reservations over privatisation of Air India at the meeting of a Parliamentary consultative committee earlier this month.

After its failed first attempt, the Modi government has shown great zeal this time to sell Air India. It is set to offer a sweetened deal to potential buyers this time around by removing a large chunk of the debt and liabilities from the airline’s books.

Aviation Minister Hardeep Singh Puri had earlier said that Air India will be shut down, in case the disinvestment exercise is not successful.

Sources told media that the preliminary information memorandum (PIM) inviting EoI has been tentatively scheduled to be unveiled on January 27.

Air India is proposed to be sold along with its subsidiary Air India Express and ground-handling joint venture company Air India Singapore Airport Terminal Services Ltd (AISATS) in which it has 50 per cent stake.

Air India on January 10 came out with a tender for engaging aircraft asset management companies for carrying out technical audit of its entire fleet.

A Ministerial panel on Air India chaired by Home Minister Amit Shah on January 7 approved the draft EoI and a share purchase agreement (SPA) for the airline's disinvestment.

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Agencies
February 13,2020

New Delhi, Feb 13: The BJP's Amit Shah today said statements like "goli maaro" and "Indo-Pak match" should not have been made by BJP leaders ahead of the Delhi elections.

The BJP may have suffered in the elections because of hate statements made by party leaders, he said, reported news agency Press Trust of India.

The party, he said, had distanced itself from such remarks.

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Agencies
May 26,2020

The Shopping Centres Association of India (SCAI) on Monday said the sector has lost over Rs 90,000 crore in the last two months, owing to the lockdown, and market players need much more than the repo rate cut and the loan moratorium extended by the RBI.

In a statement, the industry body said that the Reserve Bank of India's (RBI) relief measures are not adequate to support the liquidity needs of the industry.

According to the SCAI, there is a common misconception that the shopping centres' industry is centred around metros and large cities with investments only from large developers, private equity players and foreign investors.

"However, the fact is that most malls are part of the SMEs or standalone developers. i.e. more than 550 are single owned by standalone developers out of the 650-odd organised shopping centres across the country and there are 1,000+ small centres in smaller cities," it said.

Amitabh Taneja, Chairman of SCAI said: "The organised retail industry is in distress and has not earned anything since the lockdown and their survival is at stake. While the extension of the loan moratorium talks about some relief on repayment but won't help the industry in liquidity."

He said that a long term beneficial plan from the government is much required to revive the sector.

"Being the most safe, accountable, and controlled environment, unfortunately, malls have not been permitted to open which will lead to job losses and might even shut shops for a lot of mall developers," Taneja said.

In its representations to the Centre and the Reserve Bank of India, the association has also pointed out that, in absence of financial package and stimulus from the RBI, over 500 shopping centres may go bankrupt, that may lead to the banking industry staring at NPAs of Rs 25,000 crore.

The industry body has put forward its recommendations and requests to the government. It had sought moratorium till March 2021 at the least in terms of repayment of bank loans, interest, EMI and so on, without levy of any penalties or penal interest.

It has also sought a one-time loan restructuring with lower rates of interest, permitted for shopping centres and a facilitative and forward-looking support provision of short-term financing options for a period of six to 12 months, at lower interest rates, to meet the increased working capital requirements.

Among other relaxations, it had also appealed for GST rebates to offset the losses on account of and for the period of closure of business.

It also said that interest rates should be brought down to "manageable levels" of 5-6% in view of the precarious financial situation.

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