Tag: ganderbal

LG Inaugurates 25 Power Infrastructure Projects Costing Rs.192 Cr

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SRINAGAR: Lieutenant Governor Manoj Sinha on Monday inaugurated power infrastructure projects worth Rs.192 crores.
The 25 projects inaugurated included 22 receiving stations costing Rs 50 cr; a Smart Metering project costing Rs 62.88 Cr & Smart Metering App – Smart Bill Sahuliyat, and a Supervisory Control & Data Acquisition system at Rs 79.27 cr.
In presence of the Lt Governor, KPDCL and JPDCL signed MoUs worth Rs 1814 Cr & Rs 2174 Cr, respectively, with PESL (PGCIL), RECPDCL & NTPC for implementation of Revamped Distribution Sector Scheme (RDSS). It will strengthen distribution infrastructure and improve electricity supply to urban & rural areas.
Dedicating the power infrastructure projects to the people, the Lt Governor said the projects inaugurated today will add to the existing distribution capacity and provide quality power supply to the households and existing & upcoming industrial units in the respective areas.
The completion of projects under the MoUs signed today will go a long way to achieve the goal of providing 24×7 quality power to the people of Jammu Kashmir, he added.
We have made dedicated efforts to increase generation, transmission, and distribution capacity and ensured that the people of J&K have access to hassle-free power supply, the Lt Governor observed.
Projects undertaken for the creation of new receiving stations and augmentation of existing stations will ensure quality and reliable power supply to people. We have achieved huge capacity addition under Centrally Sponsored Schemes/PMDP projects. Out of 195 projects, 135 have been completed and the remaining 60 projects will be completed in the coming months, the Lt Governor noted.
The power scenario in Jammu Kashmir, which was in shambles for decades, has witnessed a major turnaround with more electricity being supplied, especially in far-flung areas as compared to previous years, said the Lt Governor.

In Kashmir valley, additional capacities were created during the winter to enable peak demand and 10 percent more power was supplied as compared to last year. For the first time, in a single year out of a total of 30 grid stations, 11 stations have been augmented, he added.
The power supply position in the Jammu region has improved after the addition of new system capacities. These initiatives exemplify our commitment to inclusive development and to fulfill the needs of the common man, the Lt Governor further added.
The Lt Governor highlighted the reforms introduced in the last three years to improve the power infrastructure; enhance power sustainability & efficiency in the UT.
Under PMDP and Centrally Sponsored Schemes, a well-planned, systematic, and comprehensive program is being implemented for improvement and upgradation of transmission & distribution infrastructure to streamline and strengthen the power supply across J&K, he said.
The target of 1727 MVA capacity addition has been achieved at 220 and 132 KV levels and 236 circuit km transmission line has been laid. We have added 2345 MVA capacity in the distribution sector and 8550 new distribution transformers have been installed in residential areas. Four mega hydro projects will be completed in the coming years.
In the first phase of the smart metering project, 57,000 meters have been installed and 1.25 lakh smart meters will be installed during Phase II, he informed.
The Lt Governor directed the officials to avail the benefit of the RDSS scheme.
Officers must evaluate the implementation of the Power Amnesty scheme, and make dedicated efforts to reduce AT&C losses. Remove apprehensions of people. Spread awareness regarding smart meters, he added.
The Lt Governor sought participation from the citizens in the government’s efforts toward the socioeconomic progress of rural and urban areas.
To make urban local bodies self-reliant, Housing & Urban Development Department has notified the introduction of property tax in Jammu & Kashmir like other parts of the country.
The Lt Governor said the administration will ensure common people don’t face any inconvenience. Every decision will be made in the interest of the people. Administration and responsible citizens must make others aware of the Property Tax and how we can contribute to transforming the cities as engines of growth, he added.
The property tax in Jammu and Kashmir is the least as compared to other states. There are around 5,20,000 houses in the cities of J&K. Out of these, 2,06,000 houses are less than 1000 sq ft which means 40% won’t have to pay any property tax. 2,03,680 houses are less than 1500 sq ft and 80% of these households will have to pay less than Rs 600 per annum while the rest will have to pay a nominal amount of Rs 1000 (maximum). This amount is one-tenth of the tax amount being paid in Shimla, Ambala, and Dehradun, the Lt Governor said.
In commercial establishments, out of 1,01,000 shops in Srinagar, Jammu & other municipalities, and around 46% of shops ( 46,000 shops) are less than 100 sqft and they will have to pay up to Rs 700 per annum. Out of these 46,000 shops, 80% will have to pay Rs 500-550 per annum/ Rs 50 per month. 30,000 shops will have to pay taxes below Rs 2000 per annum which is also one-tenth of the amount being paid in Shimla, Ambala, and Dehradun. 76% of shops will be paying a nominal amount in the shape of Property Tax. No better arrangements can be made than this.
The revenue generated won’t go to the J&K UT Government and will be deposited in the accounts of the corporations and municipalities. It will be utilized for improving public amenities, the Lt Governor noted.
If a common man has any problem, he must reach out to the administration. It is our collective responsibility to build a J&K which is economically prosperous, with ample opportunities for livelihood generation so that people can live & work with dignity and peace, the Lt Governor added.
The Lt Governor also spoke on the transformation taking place in agriculture & allied sectors and how the implementation of 29 projects recommended by the Apex committee will bring a favorable change in the lives of farming families.
He further shared the achievements registered during Back to Village & employment opportunities extended to the youth; recruitment in Government jobs and streamlining the departmental promotions process.
Smart Metering App – Smart Bill Sahuliyat launched today for the convenience of smart metered consumers. It will make consumers aware of the benefits of smart metering and provide them with information regarding power savings.
The newly integrated Supervisory Control and Data Acquisition (SCDA) system in distribution for centralized control and monitoring of receiving stations will help in the early restoration of the power supply in case of any fault in the feeder, it was informed.
While interacting with the media persons, the Lt Governor condemned the killing of a civilian in Pulwama. Our security forces will deal with those behind the killing. We are working with a 360-degree approach to improve the security situation, said the Lt Governor.
Sh Junaid Azim Mattu, Mayor SMC; Dr. Arun Kumar, Chief Secretary; Sh. H. Rajesh Prasad, Principal Secretary, PDD; Managing Directors of powerful corporations and senior officials attended the inaugural event at Kashmir International Convention Centre. (GNS)

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( With inputs from : kashmirlife.net )

February 27, 2023
Airtel Rolls Out 5G Services In Four More Districts Of JK

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SRINAGAR: Bharti Airtel, one of the major telecom operators in India, announced the launch of high speed 5G Internet services in four more districts of Jammu & Kashmir UT thereby providing the ultra fast internet service to a total of 13 towns across the union territory.
The four new districts to get 5G services are Katra, Anantnag, Baramulla, and Rajouri.
The 5G services are already live in Jammu, Srinagar, Samba, Kathua, Udhampur, Akhnoor, Kupwara, Lakhanpur, and Khour.
In a statement, Airtel said the services would be available to customers in a phased manner as the company continues to construct its network and complete the rollout.
Airtel said it will augment its network making its services available across all the cities in due course of time.
“Connectivity to our customers in the Valley is in line with our commitment to bridge the digital divide and connect communities who need it the most,” said Adarsh Verma, COO of Jammu, Kashmir and Ladakh, Bharti Airtel.
“Customers in these thirteen cities can now experience ultrafast network and enjoy speeds upto 20-30 times faster than the current 4G speeds. We are in the process of lighting up all the cities which will allow customers to enjoy superfast access to High-definition video streaming, gaming, multiple chatting, instant uploading of photos and more,” he added.
“Airtel was the first service provider to roll out 5G services in the country in October 2022. Today, Airtel 5G Plus is available across all states in the country,” said the telecom operator, adding that it is well poised to cover every town and key rural areas with 5G services by March 2024.

Telecom service providers in India started providing high-speed 5G services in the country from October 2022 onwards.
The government issued spectrum allocation letters to telecom service providers in August 2022, asking them to prepare for the rollout of 5G services in the country.
Department of Telecom had received total bids worth Rs 1.50 lakh crore from the 5G spectrum auction.
5G is the fifth-generation mobile network capable of transmitting a large data set at a very rapid speed and is also expected to bring more development in remote data monitoring in sectors such as mining, warehousing, telemedicine, and manufacturing, among others.

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#Airtel #Rolls #Services #Districts
( With inputs from : kashmirlife.net )

February 27, 2023
J&K Soon To Have Round The Clock Power Supply : LG

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SRINAGAR: Lieutenant Governor, Manoj Sinha on Monday said that with the implementation of various central government schemes, Jammu and Kashmir will soon achieve its target of ensuring round the clock electricity.
Talking to the reporters, Sinha said that the power generation, distribution and transmission capacity has been increased in the past three years.
“We have increased 56 per cent capacity of distribution and generation in the three years compared to what we had in the past 70 years,” he said, adding that with the Rs 152 crore project in Kashmir, the capacity of power distribution will be increased further.
“At present, Rs 5000 crore worth central government schemes are there to strengthen the distribution grid in J&K. With the support of NTPC, REC, others including the installation of smart meters, J&K will soon achieve its target of round the clock electricity to the consumers.” (KNO)

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( With inputs from : kashmirlife.net )

February 27, 2023
Mehbooba Visits Family Of Slain Kashmiri Pandit In Pulwama

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SRINAGAR: Peoples Democratic Party (PDP) president and former Chief Minister J&K, Mehbooba Mufti on Monday visited Pulwama to offer condolences to the family of the local Pandit who was killed by the militants yesterday.
Mehbooba visited the bereaved family in Achan village and expressed her grief and anguish over the loss of a precious human life.
PDP president assured the family of all possible help that they need in this tragic hour.
Sanjay Pandit was working as a security guard at a bank. He was killed by militants on Sunday morning while he was on his way to a local market. He was immediately taken to a nearby hospital where he succumbed to his injuries.
The killing was widely condemned and the condemnations came from all sections of the society. A silent candle light protest was held at many places in the valley to express condolence and solidarity with the family.

Previous article40 Percent Of J&K Population To Pay No Tax: LG

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#Mehbooba #Visits #Family #Slain #Kashmiri #Pandit #Pulwama

( With inputs from : kashmirlife.net )

February 27, 2023
40 Percent Of J&K Population To Pay No Tax: LG

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SRINAGAR: Jammu and Kashmir Lieutenant Governor Manoj Sinha on Monday said that 40 percent of the J&K population will have to pay no property tax and the remaining 60 per cent have to pay nominal amount between Rs 600 to Rs 1000 maximum amount per annum. He said that tax amount fixed is one-tenth of the tax being paid by Shimla, Ambala and Dehradun.
Talking to reporters on the sidelines of a function at SKICC, LG Manoj Sinha said that in J&K 203,680 households are less than 1500 Sq feet.
“Forty percent people won’t have to pay the tax. Eighty percent of the 2,0,3680 households will have to pay nominal amount of Rs 600 only while rest will have to pay a nominal amount of Rs 1000 as property tax per annum. This amount is one-tenth of the tax amount being paid by Shimla, Ambala and Dehradun,” LG Sinha said.
About the commercial including shops, the LG said that 1,01000 shops are in J&K of which 42 per cent shops are less than 100 sq feet. “These shops will have to pay less than Rs 700 per annum. 76 per cent of the total shops of 11000 shops will have to pay very minimum amount as the property tax,” he said, adding that the amount collected will directly go into the accounts of Municipal Corporations and utilized for the development of the areas where tax will be collected.
“I urge the common people of J&K to come forward and help build a better J&K,” the LG said.
Pertinently, the J&K government announced imposition of property tax in the UT from April 1. The move evoked sharp criticism from the cross section of the society and the political parties, who demanded immediate rollback of the order. (KNO)

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( With inputs from : kashmirlife.net )

February 27, 2023
Turkey University Offers Scholarship, Details Here

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Bilkent University, Turkey invites admission on scholarship for various undergraduate, master and doctoral courses. Students can apply before July 12, 2023, for admission. There is no separate application for scholarship.
The University offers scholarships in the fields of Art, design, and architecture, Business administration, Economics, administrative and social sciences, Engineering, Humanities and letters, Science, Music and performing arts, and Applied technology and management.
The scholarship covers full tuition fee, monthly stipend, private health insurance, meal card and travel support. Citizens of all the nationalities are eligible. Students who apply for Masters or PhD should have a CGPA of 2.80/4.00. International students should have GRE 153 and TOEFL IBT should be at least 87 or IELTS should be 6.5 and 5.5 from each section or Bilkent COPE should be at least C.
The documents required for the application are CV, Degree certificates, Official transcripts, Statement of purpose, and two letters of recommendation.
For further details, click here

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#Turkey #University #Offers #Scholarship #Details
( With inputs from : kashmirlife.net )

February 27, 2023
Three Drug Peddlers Arrested

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SRINAGAR: Jammu and Kashmir Police claimed to have arrested three drug peddlers and recovered brown sugar from their possession in Jammu and Kashmir’s Baramulla district on Monday.
Police said that during checking at National Highway Gantamulla three drug peddlers were arrested and 22 grams of contraband Brown sugar like substances was recovered from them.
The accused have been identified as Ishfaq Ahmad Mir a resident of Chijhama Rafiabad, Ashiq Hussain Najar of Shougpora and Reyaz Ahmad Sheikh a resident of Dardpora Kupwara were arrested.
A case under relevant sections of the law was registered at Police Rangwar Baramulla, police said.

Previous articleTrading Forex with Indian Rupee and Other Major Currencies

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#Drug #Peddlers #Arrested
( With inputs from : kashmirlife.net )

February 27, 2023
Trading Forex with Indian Rupee and Other Major Currencies

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Forex trading is the buying and selling of various currencies with the aim of making a profit. Since it is one of the most prevalent sorts of trading, it attracts a large number of traders from all over the world. One of the key currencies in the foreign exchange market is the Indian rupee, which is one of the currencies of developing economies and one of the principal currencies traded there. In this essay, we will go through the fundamentals of foreign currency trading, with a focus on the Indian rupee and other major currencies.
Learning about the foreign exchange market
The forex trading market is the world’s most significant and largest financial market. Traders may buy and sell currencies from all around the world on this market, which is open 24 hours a day, five days a week. The market is decentralised, which means that it does not function in a single place. Instead, the transaction is carried out digitally via a consortium of financial institutions that includes banks, brokers, and others.
Trading foreign exchange (forex) is a very active and fast-paced market that is open five days a week, 24 hours a day. This implies that traders may have access to the market at any time of day and from any location on the globe in order to trade currencies. The scale and liquidity of the foreign exchange market make it one of the most actively traded markets in the world, with a daily turnover of more than $5 trillion. Due to the fact that this market’s liquidity enables traders to join and exit positions rapidly and at advantageous prices, the market is appealing to traders who are looking for chances to engage in short-term trading. Traders nonetheless need to maintain a constant awareness of the latest economic and geopolitical news and events, particularly those that have the potential to influence currency markets.
Forex trading using the Indian rupee
The use of the Indian rupee in foreign currency dealing is becoming more popular among dealers worldwide. The Indian rupee is the country’s major currency, and it often trades on the foreign exchange market. There are many techniques to follow when trading foreign currencies using the Indian rupee.
Trading foreign exchange using the Indian rupee is possible using the currency pair USD/INR. The most prevalent and popular currency combination in India is the trade of US dollars for Indian rupees. It entails buying and selling one currency in exchange for another. Another way to trade foreign currency with the Indian rupee is to use the currency pair EUR/INR. Particularly, this covers acquiring and selling the euro in exchange for Indian rupees.
To trade foreign exchange using the Indian rupee, traders must first grasp the factors that determine the currency’s value. These components include the nation’s economic performance, government stability, interest rates, and trade balance. Traders must also keep a careful eye on global events such as geopolitical tensions, economic data releases, and changes in monetary policy since these may all have an impact on the value of the Indian rupee.
Foreign exchange trade with the major currencies
In addition to the Indian rupee, a number of other prominent currencies are traded on the foreign exchange market. These currencies include the US dollar, the euro, the Japanese yen, the British pound, the Swiss franc, the Canadian dollar, and the Australian dollar. Foreign exchange, often known as forex trading, is the act of buying one currency with another in order to make a profit.

To trade forex with other currencies, forex traders must grasp the elements that influence the pricing of other major currencies. These components include the nation’s economic performance, government stability, interest rates, and trade balance. Traders must also keep a careful eye on global events such as geopolitical tensions, economic data releases, and monetary policy changes since all of these factors have the ability to affect the value of these currencies.
Methods for trading in the foreign exchange market
Investors may use a range of trading strategies while trading foreign currency (forex). This category includes strategies such as scalping, day trading, swing trading, and position trading.
Scalping is a trading strategy that tries to produce a series of small profits from a high number of transactions made throughout the day. This strategy requires outstanding analytical ability, lightning-fast reflexes, and quick decision-making.
The activity of buying and selling a currency pair on the same trading day is known as day trading. Traders must have a high degree of self-discipline and attention to be effective with this strategy. This is because they will need to make quick decisions in order to profit from short-term price swings.
Swing trading is a trading strategy that involves holding positions for a prolonged length of time, which may range from several days to a few weeks. Since they must wait for market changes before taking action, traders must be patient and disciplined if they are to succeed with this strategy.
Position trading is a trading approach that requires holding positions for a long period of time, which might be months or even years. To be successful with this strategy, traders must have a long-term perspective and a thorough understanding of the fundamental dynamics that drive currency values.
The procedure for choosing a forex broker
Choosing the finest forex broker to deal with is critical for successful forex trading. A reputable foreign exchange broker will be licensed and regulated by a reputable financial body. They will also offer fair spreads and costs, an easy-to-use trading interface, and excellent customer support.
Before making a selection, traders should consider the broker’s track record and reputation in the industry. Visitors may check ratings and reviews on the website, as well as ask for recommendations from other businesses. Another critical stage in the process is comparing the features and services provided by different brokers, such as trading instruments, leverage, deposit and withdrawal methods, and educational materials.
Conclusion
Forex trading with the Indian rupee and other major currencies may be a successful and thrilling experience for traders with the right knowledge, talents, and temperament to engage in the market. Traders must have a fundamental grasp of the foreign exchange market, a robust trading strategy, a reputable broker, and an acceptable risk management plan. Traders that follow these principles continue to educate themselves and stay adaptable in the face of continuously changing market conditions may find success in foreign currency trading.

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( With inputs from : kashmirlife.net )

February 27, 2023
TRF Arms Recovery Case: 4 Houses Being Attached In Kashmir

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SRINAGAR: Authorities are attaching four houses in Srinagar and Anantnag districts in connection with a militancy case, officials said on Monday.
Quoting a senior police officer news agency GNS reported that State Investigation Unit of police is attaching three houses at Barthana Qamarwari Srinagar and one at Sangam Anantnag.
The decision by the authorities was taken in connection with case (FIR no. 127/22), the officer said.
The case pertains to recovery of arms and ammunition from members of TRF group, the officer said.

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#TRF #Arms #Recovery #Case #Houses #Attached #Kashmir
( With inputs from : kashmirlife.net )

February 27, 2023
I-League: Real Kashmir FC Defeats TRAU By 2-0

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SRINAGAR: Real Kashmir defeated Tiddim Road Athletic Union (TRAU) 2-0 to register their second away win of the season in the I-League 2022-23 at the Khuman Lampak Stadium on Sunday. Real Kashmir went past TRAU into fifth place.
In the first half, defender Richard Osei Agyemang scored his fourth goal of the year, and substitute Phrangki Buam teamed with Ibrahim Nurudeen to score his first goal. From the outset, both teams adopted a cautious attitude and built their attacks from the back. Over the hosts, Real Kashmir had the advantage. Samuel Kynshi had an opportunity to score first in the 22nd minute, but his volley from the edge of the penalty area missed the mark.
Nonetheless, the midfielder assisted the visitors in breaking the tie after 30 minutes. Richard Osei Agyemang made a run into the six-yard box to unleash a thunderous header into the back of the net after Kynshi’s corner kick hit the near post and TRAU defender Sagolsem Bikash Singh failed to clear the ball.
Kynshi nearly doubled the lead two minutes later. From outside of the 18-yard box, the 22-year-old took a shot, but it was directly towards the goalkeeper Lunkhominlenmang Jedidi Haokip.
Akashdeep Singh nearly caught Jedidi Haokip off his line in the 34th minute, but the goalkeeper recovered in time to tip Singh’s attempt over the crossbar.
The hosts nearly equalised five minutes before halftime, but the crossbar saved them. Salam Ranjan Singh collected the ball close to the penalty area after Naresh Singh Yendrembam launched a lengthy throw-in. The Real Kashmir goalkeeper and captain, Subhasish Roy Chowdhury, was defeated by the defender’s volley, but the crossbar saved Real Kashmir.
TRAU skipper Komron Tursunov took a stinging long shot five minutes into the second session, but Roy Chowdhury blocked it. When Tursunov was open on the rebound of Sapam Bishorjit Meitei’s long-range effort for the Red Pythons in the 70th minute, the Tajik’s acrobatic shot was directed straight at goalkeeper Roy Chowdhury.

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#ILeague #Real #Kashmir #Defeats #TRAU
( With inputs from : kashmirlife.net )

February 27, 2023