Terrorists in Kashmir now on the run: Jaitley

Agencies
August 13, 2017

New Delhi, Aug 13: Terrorists in the Kashmir Valley are now on the run and they cannot continue to terrorise the people for decades, Defence Minister Arun Jaitley said today, maintaining that the government's priority was to clean up the Kashmir Valley of armed militants.

He said the terrorists in Kashmir were "now under great pressure" and the financial crunch caused by demonetisation and the action taken by National Investigation Agency (NIA) on illegal foreign fundings have checked illegal activities in Jammu and Kashmir in large scale.

Jaitley, who was participating in a television programme, however refrained from making any comment on the standoff between India and China in the Dokalam area near the Bhutan trijunction, just saying "let us have full faith on our security forces".

"Today no big militant can dream of committing terror acts and continue to terrorise the Valley for decades, but today their life shelf has dwindled to a few months. I will specifically praise the Jammu & Kashmir police for working hard (towards eliminating terrorists)," he said.

Jaitley said the country faced two serious threats -- one with respect to Jammu and Kashmir with maximum incidents happening from across the border, and second being the problem of Left-Wing Extremism in central parts of the country.

"Since independence, Pakistan has never agreed that Kashmir is an integral part of India. That has been their unfinished agenda. They tried conventional war. But India's capability was way ahead in the conventional war. The wars of 1965, 1971 and Kargil clearly proved this," he said.

Jaitley said in the 1990s, they started changing their strategies and resorted to encouraging terrorism inside the country.

"There is domination of our forces on the Line of Control (LoC) and the international border and it is difficult for terrorists to cross them," he said at the India TV Conclave 'Vande Mataram'.

To a question about beheading and mutilation of Indian security force personnel by Pakistan, Jaitley said "what happened after that, has been seen by everyone". He was apparently referring to the surgical strike inside the parts of Pakistan Occupied Kashmir after the incident.

Jaitley said the forces were dominating the border with the help of technological tools. "After surgical strikes in September last year, our forces are liquidating militants," he said.

The defence minister said that there was a move by the security forces to clean up the Valley of armed terrorists.

He said the money received by terrorists and other such groups has been squeezed post-demonetisation and there has been the effect of the actions taken by the NIA against foreign funding allegedly used for subversive activities.

"Whenever there was an encounter (earlier), hundreds and thousands would come out to throw stones. Many a times, terrorists would escape under the protection of stone throwers. This is now becoming a history.

"Those who were coming in hundred and thousands, today their number is limited to 20, 30 and 50. For the first time in the history, we have been they have started looting banks," he said.

Jaitley said the terrorists are under tremendous pressure. "They are on the run. Their number is also declining. Security forces are dominating them ," he said.

He said India has been by and large free from the threat of the ISIS. "There may be some isolated or exceptional incidents but there has been no influence in India."

The defence minister expressed concern over some instances of glorifying the acts of terrorists or Maoists.
Referring to shouting of 'anti-India slogans by some in Jawaharlal Nehru University last year, he expressed concern over the association of mainstream political parties with those raising such slogans.

Jaitley said a disturbing trend is coming up where efforts are being made to show the Indian state as helpless.

To questions on India's defence production, Jaitley said his ministry was working out ways to boost domestic production for the defence sector.

"We want India to become a global power in defence manufacturing sector, and towards that end, we are encouraging private players to come forward. We will, of course, also continue to strengthen our ordnance factories and defence PSUs," the minister said.

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News Network
March 7,2020

Srinagar, Mar 7: Two more accused, including a man who allegedly bought chemicals online for making improvised explosive device (IED) to be used in an attack on a convoy of the Central Reserve Police Force (CRPF) in Jammu and Kashmir's Pulwama last year, were arrested by the National Investigation Agency (NIA) on Friday, an official said.

The terror attack left 40 CRPF personnel dead in south Kashmir's Pulwama last year.

Waiz-ul-Islam, 19, from Srinagar and Mohammad Abbass Rather, 32, from Pulwama were arrested by the NIA, taking the number of those arrested in the case in the past week to five.

"During initial interrogation, Islam disclosed that he used his Amazon online shopping account to procure chemicals for making IEDs, batteries and other accessories on the directions of Pakistani Jaish-e-Mohammed (JeM) terrorists," the official said.

He said Islam personally delivered the items to the JeM terrorists after buying them online as a part of the conspiracy to carry out the attack.

"Rather is an old overground worker of the JeM. He has disclosed that he gave shelter at his home to Jaish terrorist and IED expert Mohd Umar after he came to Kashmir in April-May 2018," the official said.

Rather also sheltered other JeM terrorists - suicide bomber Adil Ahmad Dar, Sameer Ahmed Dar and Kamran, a Pakistani -- at his house before the Pulwama attack, the official said.

"He also facilitated safe shelter for the JeM terrorists, including Adil, at the house of accused Tariq Ahmed Shah and his daughter Insha Jan of Hakripora, who were arrested on March 3," the official said.

He said Islam and Rather will be produced before the NIA special court in Jammu on Saturday, while further investigation in the case continues. The NIA took over the case to probe the conspiracy behind the February 14, 2019, attack in Pulwama.

The last video of Adil, which was released by the JeM from Pakistan after the terror attack, was filmed at the home of Tariq Ahmed Shah. On February 28, the NIA achieved a major breakthrough in the case when it arrested 22-year-old Shakir Bashir Magrey, a furniture shop owner and resident of Pulwama.

Magrey had given shelter and other logistical assistance to suicide bomber Adil. He was introduced to Adil in mid-2018 by Pakistani terrorist Mohammad Umar Farooq and he became a full-time OGW of the JeM.

The explosives used in the attack were determined through forensic probe to be ammonium nitrate, nitro-glycerin and RDX. During investigation into the attack, the identity of the suicide bomber to be Adil Ahmad Dar was confirmed through DNA matching with that of his father.

The other key terrorists involved in the attack have been found to be JeM's south Kashmir divisional head Muddasir Ahmad Khan, killed in an operation by the security forces on March 11 last year; Pakistani terrorists Muhammad Umar Farooq and IED expert Kamran, both killed on March 29 last year; the owner of the car Sajjad Ahmad Bhat, a resident of Anantnag who was killed on June 16 last year, and Qari Yassir, JeM's commander for Kashmir who was killed on January 25 this year.

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News Network
March 9,2020

Mumbai, Mar 9: India's Yes Bank will not be merged with State Bank of India, which is set to infuse funds in the beleaguered lender, the newly appointed administrator leading the rescue plan said in a television interview on Monday.

"There is absolutely no question of a merger," Prashant Kumar, the administrator, told the CNBC TV18 channel.

The Reserve Bank of India (RBI) on Thursday took control of Yes Bank, after the lender - which is laden with bad debts - failed to raise the capital it needs to stay above mandated regulatory requirements.

Placing Yes Bank under a 30-day moratorium, the central bank imposed limits on withdrawals to protect depositors and said it would work on a revival plan. The move spooked depositors, who rushed to withdraw funds from the bank.

Kumar, a former finance chief at SBI, assured depositors their money was safe and that the moratorium on Yes Bank might be lifted much before the deadline on April 3 and normal banking operations might resume as early as Friday.

He also mentioned that the withdrawal limit of Yes Bank may be removed by March 15, 2020.

SBI Chairman Rajnish Kumar said on Saturday the state-run bank would need to invest up to 24.5 billion rupees ($331 million) to buy a 49% stake in Yes Bank as part of the initial phase of the rescue deal, adding that the survival of troubled lender was a "must".

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News Network
January 15,2020

Jan 15: Amazon.com Inc Chief Executive Officer Jeff Bezos is facing a bitter welcome during his India visit this week as the country’s antitrust regulator initiated a formal investigation just hours before his arrival and trader bodies comprising millions of infuriated small store owners announced demonstrations.

Bezos is in New Delhi for the Smbhav summit, an Amazon India event for small and medium businesses. The billionaire is scheduled to conduct a fireside chat with Amazon India chief Amit Agarwal, anchoring an event that also features Infosys Ltd. co-founder Narayana Murthy and retail billionaire Kishore Biyani, who recently sold a stake in his retail group to Amazon. Ahead of the event, Bezos paid his respects at Mahatma Gandhi’s memorial, wearing a white tunic and a rust-colored Indian vest.

The small businesses that Amazon’s CEO is hoping to endear himself to, however, are organizing in opposition. The Confederation of All India Traders announced that members of its affiliate bodies across the country would stage sit-ins and public rallies in 300 cities to raise a war cry against the world’s largest online retailer. In a letter to Prime Minister Narendra Modi last week, the confederation’s Secretary General Praveen Khandelwal alleged that Amazon, much like Walmart Inc.-owned Flipkart, was an “economic terrorist” who engaged in predatory pricing that deprived the government of tax revenue and “compelled the closure of thousands of small traders.”

India’s e-commerce market is projected to grow to $150 billion by 2022, according to a 2018 report by software industry group Nasscom and consulting firm PwC India. Competition for this rapidly expanding sector is intensifying as Asia’s richest man, Mukesh Ambani, prepares to go live with JioMart, an online shopping platform challenging Amazon and Walmart directly. The latter’s Flipkart Online Services Pvt is also delving deeper into the countryside in its pursuit for more customers. Amazon, for its part, opened a huge office complex in the southern city of Hyderabad in September, underscoring its commitment to the country.

The Competition Commission of India said it would probe the deep discounts, preferential listings and exclusionary tactics that Amazon and Flipkart are alleged to have used as anti-competitive levers. India’s trade bodies have long argued that both retail giants were flouting rules by promoting sales and discounts through their favoured sellers, many of whom they have preexisting commercial arrangements. The regulator has ordered for the investigation to be completed within two months.

Bezos last visited India in 2014 under starkly different circumstances. During that trip, the Amazon founder wore local festive garb, rode atop a festooned truck for a photo opp and presented Amazon’s Indian unit with a giant check for $2 billion. Since then, Amazon has pledged a further $3.5 billion to expand in the country.

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