Restrictions, strike disrupt normal life in Kashmir

July 10, 2016

Srinagar, Jul 10: Normal life was hit for the second day today in Kashmir Valley due to curfew-like restrictions and strike following the killing of Hizbul Mujahideen commander Burhan Wani.

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The restrictions have been imposed in most of Kashmir Valley as a precautionary measure.

Restrictions have been imposed in most areas of Srinagar city and four districts of south Kashmir, officials said.

They said the decision to impose restrictions was taken to maintain law and order in the Valley.Yesterday, the restrictions were imposed only in some parts of Srinagar, Pulwama and Anantnag districts.

Meanwhile, the separatist-sponsored strike, which was extended for two more days yesterday, also affected normal life in the Valley.

Shops, private offices, business establishments and petrol pumps were shut, while government offices and banks witnessed thin attendance, the officials said.

They said public transport was completely off the roads, while cars and auto-rickshaws were seen plying at few places where there were no restrictions.

Educational institutions in the Valley were closed on account of the ongoing summer vacations.

The separatist groups yesterday extended the strike to protest the killings of civilians in alleged firing by security forces.

Meanwhile, Central University of Kashmir (CUK), Islamic University of Science and Technology (IUST) and Jammu and Kashmir Board of School Education (JKBOSE) have postponed the examinations due to the prevailing situation in the Valley.

"IUST has also postponed all the examinations scheduled for July 11 and 12. New dates will be notified separately," an official of the University said.

The Board of School Education (Kashmir division) has postponed the entire Examination of Class 11 regular (term Ist) 2016, a BOSE spokesman said.

He said a revised date sheet on this behalf shall be issued later on.

Meanwhile in a statement issued here late last night, Chief Minister Mehbooba Mufti urged the Centre to reach out to the people of Jammu and Kashmir to resolve the issues confronting the state through reconciliation efforts on internal as well as external front for ending the violence that has left behind a trail of death and destruction.

The pain of Kashmiris has reached a level where the hope of peace is sure to gain substantial local support if tangible confidence building measures are taken to address the issues concerning the state and its people, the Chief Minister said.

Mehbooba said the people of Jammu and Kashmir, irrespective of their age, gender, status or the political affiliation, have been suffering the terrible consequences of the pernicious turmoil over the last more than two decades.

They now want peace and stability to take roots, and even within the prevailing circumstances there lies an opportunity to consolidate the peace efforts, if substantial steps are taken in the right direction to positively impact the ground situation, she said.

The Chief Minister stressed on the need and urgency for reviving the peace and reconciliation initiatives, both on the internal and external fronts.

Seeking people's cooperation in stabilising peace, Mehbooba said the Government is responsive to the people's needs and concerned about their problems and is working judiciously and in a transparent manner to fulfil their aspirations and expectations.

Flagging the problem of unemployment as a matter of grave concern, she said every section of the society including individuals, institutions and organisations, have to be brought together in a spirit of creative enterprise to widen the economic and employment space for the State's youth and channelise their energies productively.

While reacting to the civilian deaths in security forces' firing yesterday, Mehbooba had asked security forces to follow the standard operating procedures for crowd control and avoid disproportionate use of force.

"Disproportionate use of force for crowd control results in loss of precious lives and grave injuries which should be avoided at all costs," she said asking the police and the paramilitary forces to use Standard Operating Procedure (SOP) while dealing with protesters to avoid loss of precious human lives or injuries.

Urging for calm, Mehbooba sought people's cooperation in restoration of normalcy in the Valley.

Violence only brings miseries to the people and tragedies for the victim families, she said.

The Chief Minister appealed to the people, especially the youth not to fall prey to the machinations of the vested interests, who play politics over the bodies of Kashmiris

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News Network
March 28,2020

Mumbai, Mar 28: Industrialist Ratan Tata on Saturday announced that Tata Trusts has committed Rs 500 crore for the medical supplies and equipments which will help combat the coronavirus outbreak.

"The COVID-19 crisis is one of the toughest challenges we will face as a race. The Tata Trusts and the Tata group companies have in the past risen to the needs of the nation. At this moment, the need of the hour is greater than any other time," said Ratan Tata, in an official release.

"Tata is committing Rs 500 crore for: personal protective equipment for the medical personnel on the frontlines; respiratory systems for treating increasing cases; testing kits to increase per capita testing; setting up modular treatment facilities for infected patients and knowledge management and training of health workers and the general public," Tata added.
Tata Chairman also expressed his deep gratitude for the members of all the organizations who are fighting coronavirus at the frontline, puting their life at risk.

"The Tata Trusts, Tata Sons and the Tata group companies are joined by committed local and global partners as well as the government to fight this crisis on a united public health collaboration platform which will strive to reach out to sections that are underprivileged and deprived," he added.

According to the Ministry of Health and Family Welfare (MoHFW), there are 873 confirmed cases of coronavirus cases in the country and 19 fatalities have been reported.

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News Network
March 27,2020

Mumbai, Mar 27: The Reserve Bank of India (RBI) on Friday lowered the key repo rate by 75 basis points to 4.4 per cent in a bid to arrest the economic slowdown amid coronavirus (COVID-19) outbreak.
The reverse repo rate now stands at 4 per cent, down by 90 basis points, said RBI Governor Shaktikanta Das adding this has been done to make it unattractive for banks to passively deposit funds with the central bank and instead lend it to the productive sectors.
The six-member monetary policy committee (MPC) met on March 24, 25 and 27 and voted 4:2 in favour of the repo rate reduction. The MPC also decided to continue with the accommodative stance as long as it is necessary to revive growth and mitigate the impact of COVID-19 on the economy while ensuring that inflation remains within the target.
"The need of the hour is to shield the economy from the pandemic," said Das. "We need to mitigate the impact of coronavirus, revive economic growth and provide financial stability."
Repo rate is the rate at which a country's central bank lends money to commercial banks, and the reverse repo rate is the rate at which it borrows from them.
The RBI Governor further said that the economic growth and inflation projection will be highly contingent depending on the duration, spread and intensity of the pandemic.
"Global economic activity has come to a near standstill as COVID-19 related lockdowns and social distancing are imposed across a widening swathe of affected countries. Expectations of a shallow recovery in 2020 from 2019's decade low in global growth have been dashed," said Das.
"The outlook is now heavily contingent upon the intensity, spread and duration of the pandemic. There is a rising probability that large parts of the global economy will slip into recession," he said.
However, the RBI has injected liquidity of Rs 2.8 lakh crore via various instruments equal to 1.4 per cent of GDP. "Along with today's measures, liquidity measures equal to 3.2 per cent of GDP. The RBI will take continuous measures to ensure liquidity in the system."
The RBI governor has said that all banking institutions can offer a three-month moratorium on all loans for a period of three months. The RBI has also allowed banks to restructure the working capital cycle for companies without worrying that these will have to be classified as a non-performing asset (NPA).
The three-month moratorium will permit banks to avoid a large onset of NPAs during the 21-day lockdown and keep their books healthy.
Das said banks and other financial institutions should do all they can to keep credit flowing to economic agents facing financial stress on account of the isolation that the virus has imposed.
"Market participants should work with regulators like the RBI and the Securities and Exchange Board of India (SEBI) to ensure the orderly functioning of markets in their role of price discovery and financial intermediation," he said.

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Agencies
February 26,2020

Hyderabad, Feb 26: Hyderabad Police on Tuesday registered a case against well-known poet Imran Pratapgarhi for his statement asking why there was "no Shaheen Bagh in Hyderabad".

According to Charminar Police, the complaint was registered by Sub-Inspector S Guruswamy, who was on duty at the QQ Stadium on February 24 where an Ehtaji Mishaira (Poetry Program) against the Citizenship Amendment Act, National Register Commission and National Population Register was held.

Permission for the said event was granted by Hyderabad Additional Commissioner of Police to the program organisers with certain guidelines including that poetry program should be held on February 24 from 6 pm to 9 pm, and no speaker should give provocative speeches in the program.

However, police said that the program was started by the organisers at 6 pm and continued till 9:48 pm even after police officers asked them to end the event by 9 pm. The program was attended by around 3,000 members at QQ stadium.

According to police, while addressing the meeting Pratapgarhi said: "Mujhe hairath hai us Hyderabad mein koi Shaheen Bagh kyu nahi hai (I am surprised why there is no Shaheen Bagh in Hyderabad)", which is "provocative" and may cause fear to any section of the public.

In this regard, a case has been registered against organisers for disobeying public servants' orders and the poet has been booked for delivering provocative statements under the relevant sections of the Indian Penal Code.

Further investigation is underway.

Meanwhile, Congress leader Mohammed Ali Shabbir took to Twitter to condemn the police action.

"Hyderabad Police booked a case against poet Imran Pratapgarhi for expressing surprise on why there is no Shaheen Bagh in Hyderabad. For police, this sentence is provocative. Is Shaheen Bagh not a part of India?," Shabbir tweeted.

"Shame on TRS Government and Hyderabad Police for targeting a poet for no-fault," he added.

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