Tag: Huge

  • Huge disappointment for people of J&K: CPI(M) leader Tarigami on Union budget

    Huge disappointment for people of J&K: CPI(M) leader Tarigami on Union budget

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    Jammu: Senior CPI(M) leader MY Tarigami on Wednesday said the Union budget for 2023-24 was a “huge disappointment” for Jammu and Kashmir as the proposals contained in it failed to address the basic and fundamental issues of the region, which is mostly dependent on agriculture and horticulture.

    He said the budget presented by Finance Minister Nirmala Sitharaman was just “jugglery of words” as it lacked the vision to tackle the growing unemployment, price rise and provide relief to the protesting daily wagers and other workers and employees under various government schemes.

    “The budget is a huge disappointment for the people of Jammu and Kashmir. It has failed to address the basic and fundamental issues of the region, which is mostly dependent on agriculture and horticulture,” Tarigami told PTI.

    He said reducing the expenditure on agriculture at the national level will have its impact on Jammu and Kashmir as well.

    “The year 2022 proved to be devastating for apple growers as they suffered huge losses due to the falling prices of their produce. There was no mention or attempt to provide any relief to them. Same is true about the farmers growing wheat, rice and saffron crops who also suffered losses,” he said.

    The Communist Party of India (Marxist) leader claimed that nothing was proposed in the budget to boost business, tourism and the MSME sector.

    He also slammed the BJP-led Centre for not announcing budgetary allocations for the Mahatma Gandhi National Rural Employment Guarantee Act (MGNREGA) and providing relief to the workers engaged under the Integrated Child Development Services (ICDS), National Rural Health Mission (NRHM) and other similar schemes.

    “The budget is just jugglery of words as there is nothing for the people of Jammu and Kashmir in it,” he said.

    Meanwhile, Jammu and Kashmir Lieutenant Governor Manoj Sinha asserted that a rapid growth and welfare of the “aam aadmi” (common man) is at the centre of budget 2023-24, which will ensure sustained, equitable and inclusive growth, and achieve the milestone of a USD 5 trillion economy.

    “The first budget of Amrit Kaal presented by FM Sitharamanji under the guidance of PM Narendra Modiji is to ensure sustained, equitable and inclusive growth and to achieve the milestone of 5 trillion dollar economy and to transform India into a global powerhouse,” the LG said in a tweet.

    In another tweet, he said: “Increased investment on infrastructure and employment generation, green growth, agriculture accelerator fund, targeted funding for animal husbandry and Atmanirbhar Bharat horticulture clean plant programme and tourism promotion will have a force multiplier impact on economy.”

    Sinha said a rapid growth and welfare of the common man is at the centre of budget 2023-24.

    “Grateful to FM and PM for accelerating tempo of growth in handloom and handicraft sector through PM VIKAS. It will greatly benefit lakhs of artisans of J&K,” he said in another tweet.

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    #Huge #disappointment #people #CPIM #leader #Tarigami #Union #budget

    ( With inputs from www.siasat.com )

  • UAE hints at huge investment in Pakistan amid economic turmoil

    UAE hints at huge investment in Pakistan amid economic turmoil

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    Islamabad: United Arab Emirates (UAE) President Sheikh Mohamed Bin Zayed Al Nahyan has dropped clues that his government is planning to broaden its investment footprint in Pakistan as the country drastically needs foreign inflows to prop up its deteriorating economy.

    The royal dignitary arrived in Pakistan on a private visit and held a bilateral meeting with Prime Minister Shehbaz Sharif, who received the UAE President at the Chandna Airport along with other government functionaries, Geo News reported.

    “Be prepared, the UAE will make a huge investment in Pakistan,” the sources quoted the UAE president as saying during a cordial meeting with the premier at the airport.

    Shehbaz recalled his recent visit to the gulf country and emphasised that both countries would work on the understanding reached between the two leaders in various fields, during his visit to the UAE.

    The UAE President said that the brotherly relations between the two countries went back many decades and his father, who had immense love for Pakistan and its people, laid the foundation of their bilateral ties.

    The President also assured the Prime Minister that the UAE would always stand by Pakistan, Geo News reported.

    Taking to Twitter, the premier wrote: “Extremely delighted to receive my brother His Highness Sheikh Mohamed Bin Zayed on his arrival in Pakistan, which is his second home. Building on our last meeting, we discussed ways (and) means to further strengthen our brotherly relations.”

    The President expressed warm affection towards the prime minister on his arrival in Pakistan and took the premier to his personal jet, sources told Geo News.

    The premier also met the family members of the president and held conversations with his children in the English and Arabic language, the sources added.

    The UAE, on January 12, agreed to lend $1 billion to Pakistan and roll over an existing $2 billion loan, the country’s information minister had said, as the country’s central bank foreign reserves fell to just three weeks’ worth of imports.

    The UAE’s financial support offered some respite to the country that is still reeling from devastating nationwide floods that have caused more than $30 billion of damage, Geo News reported.

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    #UAE #hints #huge #investment #Pakistan #economic #turmoil

    ( With inputs from www.siasat.com )

  • UAE hints at huge investment in Pakistan amid economic turmoil

    UAE hints at huge investment in Pakistan amid economic turmoil

    [ad_1]

    Islamabad: United Arab Emirates (UAE) President Sheikh Mohamed Bin Zayed Al Nahyan has dropped clues that his government is planning to broaden its investment footprint in Pakistan as the country drastically needs foreign inflows to prop up its deteriorating economy.

    The royal dignitary arrived in Pakistan on a private visit and held a bilateral meeting with Prime Minister Shehbaz Sharif, who received the UAE President at the Chandna Airport along with other government functionaries, Geo News reported.

    “Be prepared, the UAE will make a huge investment in Pakistan,” the sources quoted the UAE president as saying during a cordial meeting with the premier at the airport.

    Shehbaz recalled his recent visit to the gulf country and emphasised that both countries would work on the understanding reached between the two leaders in various fields, during his visit to the UAE.

    The UAE President said that the brotherly relations between the two countries went back many decades and his father, who had immense love for Pakistan and its people, laid the foundation of their bilateral ties.

    The President also assured the Prime Minister that the UAE would always stand by Pakistan, Geo News reported.

    Taking to Twitter, the premier wrote: “Extremely delighted to receive my brother His Highness Sheikh Mohamed Bin Zayed on his arrival in Pakistan, which is his second home. Building on our last meeting, we discussed ways (and) means to further strengthen our brotherly relations.”

    The President expressed warm affection towards the prime minister on his arrival in Pakistan and took the premier to his personal jet, sources told Geo News.

    The premier also met the family members of the president and held conversations with his children in the English and Arabic language, the sources added.

    The UAE, on January 12, agreed to lend $1 billion to Pakistan and roll over an existing $2 billion loan, the country’s information minister had said, as the country’s central bank foreign reserves fell to just three weeks’ worth of imports.

    The UAE’s financial support offered some respite to the country that is still reeling from devastating nationwide floods that have caused more than $30 billion of damage, Geo News reported.

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    #UAE #hints #huge #investment #Pakistan #economic #turmoil

    ( With inputs from www.siasat.com )

  • Breaking: Huge Snow Avalanche Hits North Kashmir District – Kashmir News

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    Bandipora, Jan 22: An avalanche hit Hussangam village of Tulail in Kashmir’s Bandipora district on Sunday, however, no loss of life or damage has been reported in the area.

    An official told the news agency Kashmir News Observer (KNO) the avalanche hit Hussangam village today afternoon.

    He said soon after the incident teams from the administration rushed to the spot to assess the situation even as no damage or loss of life has been reported.

    Meanwhile, residents have been advised to take precautions and avoid venturing out in avalanche prone areas.

    Earlier, avalanche warning was issued for 12 districts including Bandipora by J&K Disaster Management Authority

    WhatsApp Image 2023 01 22 at 14.16.11

    Watch Video: Ganderbal Avalanche, Labourer’s Body Recovered, Another Casualty Feared

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    #Breaking #Huge #Snow #Avalanche #Hits #North #Kashmir #District #Kashmir #News

    ( With inputs from : kashmirnews.in )