Tag: Sector

JK Bank CEO Assures Continued Support To Industrial Sector During Interaction With Entrepreneurs

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SRINAGAR: J&K Bank’s MD & CEO, Baldev Prakash, engaged in a direct conversation with individuals associated with the industrial sector on Saturday. The interaction took place at the Industrial Growth Centre in Pulwama and involved representatives from the Industrial Association Lassipora, led by its president Haji Muzaffar. Accompanying the MD & CEO were senior officials of the bank, including General Manager Corporate Banking Ashutosh Sareen, General Manager Credit & Business Operations (Kashmir Division) Tabassum Nazir, Zonal Head Pulwama Tariq Ali, Zonal Head Srinagar Shabir Ahmad, and other high-ranking executives.
President of the Cold Stores Association, Majid Aslam Wafai, along with dozens of entrepreneurs, participated in the interactive session conducted by the Industrial Association Lassipora, representing hundreds of unit holders housed in one of the leading industrial centers of North India.
During the session, MD & CEO assured the participants of the bank’s continued patronage and handholding to the industrial sector within regulatory norms. He stated that establishing large credit units with dedicated and well-trained relationship managers was a step in the direction of easing and facilitating business for entrepreneurs. He further insisted that the turnaround time of credit proposals would be minimized further with the introduction of more digital platforms. He stated that it was time for the bank and the industrial sector to join hands to take the economic prosperity of the UT to another level.
Haji Muzaffar, while calling J&K Bank “Humara Apna Bank,” said, “It gives us immense pleasure that you have come to listen to the people who consider J&K Bank as their own bank and J&K’s backbone. We have gone through thick and thin, but our trust and connection with J&K Bank hasn’t dwindled a bit.” He added, “However, we expect J&K Bank to realign some of its strategies to keep pace with changing scenarios in the industrial sector.”
Majid Wafai hailed the bank management headed by MD & CEO for giving a patient hearing to unit holders. He stated, “Our units wouldn’t have materialized had there not been financial support from J&K Bank. The majority of us are first-generation entrepreneurs, and J&K Bank has guided and supported us in setting up these units. Our successful journeys are synonymous with J&K Bank, and it gives us heart and hope that our mentoring financial institution has embarked on the path of renewed success and profitability.”
During the interaction, General Manager Ashutosh Sareen highlighted various steps taken by the bank to encourage entrepreneurial excellence in the region. The session concluded with a vote of thanks by General Manager Tabassum Nazir, who stated that customer satisfaction was the cornerstone of the bank’s success.

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#Bank #CEO #Assures #Continued #Support #Industrial #Sector #Interaction #Entrepreneurs

( With inputs from : kashmirlife.net )

April 29, 2023
Turkey’s tourism sector sees rebound after massive earthquakes

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Ankara: Turkey’s tourism industry is recovering from a major setback caused by the February 6 devastating earthquakes, business insiders said.
The number of tourism bookings rose by nearly 40 per cent in mid-March compared with that of last year, after a one-and-a-half months slowdown following the earthquakes, said Hamit Kuk, a consultant of the Association of Turkish Travel Agencies.
The earthquakes struck at a time when the country’s tourism sector was restoring its losses from the COVID-19 pandemic. The pandemic had led to cancellations or postponement in tourism reservations both from overseas and local markets, Xinhua news agency quoted the consultant as saying.

However, the Turkish lira has strengthened the competitiveness of the country’s tourism sector.
Since 2022, the lira has lost about 70 per cent of its value against the US dollar.
Favourable exchange rates in the past year have further stimulated the demand for tourism services in Turkey, a tourist destination popular with Russians, Germans and Britons, among other foreign tourists, said Elcin Yildiz, an Ankara-based freelance tourist guide.
Ali Bahar, president of the Antalya Chamber of Commerce and Industry, said an upcoming nine-day vacation is also expected to boost the domestic demand for tourism services.
Many Turkish families are expected to combine the upcoming school break with the three-day Eid holiday, which begins on April 21, making it a nine-day vacation.

However, as Turkey’s tourism industry seeks to reach pre-pandemic levels of reservations, the impact of the earthquakes and the country’s economic woes on domestic demand should not be underestimated, according to Kuk.
The high inflation has led to a sharp decline in Turkish households’ purchasing power. In addition, the prices of the hotel rooms have increased by 15 to 40 percent due to the recent surge in operation costs, he explained.
Furthermore, there is no demand for tours in earthquake-hit eastern and southeastern Turkey, which are known for its cultural excursions, he said.
The tourism industry, which employs about two million people, plays an important part in Turkey’s economy.
In 2022, Turkey hosted 51.3 million foreign visitors, who contributed $46.3 billion in tourism revenues, up from $38.5 billion in 2019, according to the Turkish Statistical Institute.
Earlier, Culture and Tourism Minister Mehmet Nuri Ersoy said that the country expects to host nearly 60 million foreign tourists in 2023, and 90 million in 2028.
The government expects tourism
(Except for the headline, the story has not been edited by Siasat staff and is published from a syndicated feed.)
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( With inputs from www.siasat.com )

April 24, 2023
Political leaders meet people from corporate sector: Raut on Pawar-Adani meeting

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Mumbai: Shiv Sena (UBT) MP Sanjay Raut on Friday played down NCP chief Sharad Pawar’s meeting with industrialist Gautam Adani, saying that political leaders do meet people from the corporate sector.
The Adani Group chairman met the Nationalist Congress Party chief a day before.
“Sharad Pawar or for that matter every big political leader meets people from the corporate sector,” Raut said in response to a question by reporters here.

The meeting assumed some significance as earlier this month Pawar had said the Supreme Court-appointed panel will be more useful than a Joint Parliamentary Commitee for looking into US-based Hindenburg Research’s allegations against the Adani group.
The NCP chief, thus, appeared to be breaking ranks with opposition leaders who have been demanding a JPC on the Adani issue.
Later Pawar said he will not oppose the demand for a JPC.
Raut, incidentally, also met Pawar after the latter’s meeting with Adani.
“We keep meeting, and Pawar is a key leader of the Maha Vikas Aghadi (the alliance of Sena (UBT), NCP and Congress). What is surprising if we or Congress leaders meet Pawar. We had a discussion on many issues in the country and state,” the Rajya Sabha MP said.

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#Political #leaders #meet #people #corporate #sector #Raut #PawarAdani #meeting
( With inputs from www.siasat.com )

April 21, 2023
Over 10,500 UAE citizens joined private sector firms in 2023

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Abu Dhabi: More than 10,500 United Arab Emirates (UAE) citizens have joined the private sector in the first three months of 2023.
The Ministry of Human Resources and Emiratisation announced an 11 percent increase in the number of UAE citizens joining the workforce compared to the first quarter of 2022.
The latest additions bring the total number of Emirati employees in the private sector to more than 66,000 in more than 16,000 companies.

“The UAE works on economic development through public-private partnerships and is keen to implement targeted measures to enhance the role of Emiratis in the job market, particularly in the private sector,” MoHRE said in a statement.
“We are expecting a stronger rhythm of employing Emiratis in the next two months as the deadline for achieving the 1 percent semi-annual Emiratization target for private sector companies with 50 employees or more will be June 30, 2023,” it added.
معالي د.عبدالرحمن العور وزير الموارد البشرية والتوطين : 10,501 عدد المواطنين المنضمين للقطاع الخاص منذ بداية العام الجاري 2023 pic.twitter.com/Mr61YBgpKd
— UAEGOV (@UAEmediaoffice) April 19, 2023
The five sectors that showed growth were construction— 14 percent, commerce and repair services— 13 percent, manufacturing— 10 percent, business— 10 percent and financial brokerage— 4 percent.
By January 1, 2023, companies with more than 50 employees must have ensured that at least 2 percent of their employees are UAE nationals as part of a government campaign to encourage more nationals to enter this sector.
Any employer who fails to reach the target will have to pay a fine of up to Dirhams 73,446 (Rs 16,41,709) for each Emirati worker who fails to hire him.

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#UAE #citizens #joined #private #sector #firms
( With inputs from www.siasat.com )

April 21, 2023
Telangana creating wonders in health sector: Harish Rao

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Hyderabad: Telangana State is creating wonders in the health sector and even the Niti Ayog has also appreciated the progress of Telangana, Minister for Health T Harish Rao said.
Speaking to media reports after laying a foundation stone for the 100 bed hospital at Choutuppal in Nalgonda district on Tuesday, Minister Harish Rao said the State government under the leadership of Chief Minister K Chandrasekhar Rao was taking various steps to improve the health standards in Telangana and reminded that it had launched eight medical colleges in the last year and 102 kidney dialysis centres across the State for providing the best services to the people.
Accusing the BJP government at the Centre of showing discrimination towards the Telangana in allocation for funds, Harish Rao said that the State government had allocated 200 acres of land to AIIMS Bibinagar in 2018, but the Centre had taken four years to inaugurate the hospital.

“The BJP leaders do less work but publicise themselves much. They want to take credit for even small works,” he pointed out.
He also informed that the works of Warangal health city project was going on at the brisk pace and its project would be completed by December.
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( With inputs from www.siasat.com )

April 19, 2023
Canada needs 30 thousand new immigrants in agri sector: Report

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Toronto: Canada needs 30,000 permanent immigrants over the next decade to either start up their own farms, or take over existing ones, to address a looming labour crisis in the agriculture industry, says a new study.
According to a Royal Bank of Canada (RBC) research, 40 per cent of Canadian farm operators will retire by 2033, placing agriculture on the cusp of one of the biggest labour and leadership transitions in the country’s history.
Over the same period, a shortfall of 24,000 general farm, nursery and greenhouse workers is expected to emerge, and in 10 years, 60 per cent of today’s farm operators will be over the age of 65, that is, close to retirement.

Amidst all this, 66 per cent of producers do not have a succession plan in place, leaving the future of farmland in doubt, the study said.
Canada’s agricultural sector is among the most diverse in the world though the degree of demand for foreign workers differs significantly by province and operation.
When it comes to more highly-skilled farm operators, Canada has always welcomed them from India, the Netherlands, China, the US and the UK.
However, in case of immigration of low-skilled labourers, better policies are needed because the Temporary Foreign Workers (TFW) program, which remains a critical source of low-skilled labour, is just a provisional solution to a chronic issue, the study said.
Many of these TFWs who develop skills essential to seeding and harvests, must return to their home countries for short periods, and if they are unable to return to Canada, the country’s on-farm workforce is dramatically reduced.

RBC researchers said that a pathway to permanent residency for experienced TFWs will immediately address this type of shortage.
Canada had started an agriculture-specific immigration pilot programme in 2020 to give a path to permanent residency for non-seasonal workers with experience, which is set to end in May 2023, a CBC News report said.
As of February 2023, more than 1,500 people have been admitted through the program in Ottawa province.
A department spokesperson told CBC that they are assessing the pilot programme “and the possible extension beyond its scheduled expiry”.
The spokesperson added that giving migrants permanent residence “is not the solution to labour shortages”.
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#Canada #thousand #immigrants #agri #sector #Report
( With inputs from www.siasat.com )

April 19, 2023
Secretary chairs felicitation ceremony regarding recognition of Pulwama in health sector

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Says govt committed to provide best healthcare, high-tech equipments to Health centres of JK
Pulwama, April 15 (GNS): Secretary, Health and Medical Education, Bhupinder Kumar, today presided over a felicitation ceremony held to recognize outstanding performance of Pulwama district in health sector.
District Development Commissioner, Pulwama, Baseer-Ul-Haq Choudhary, Director Health Services Kashmir, Dr Mushtaq Ahmed Rather, Deputy Commissioner Shopian, Sachin Kumar, SSP Pulwama, Mohammad Yousuf, CMOs Pulwama and Shopian, State Tuberculosis Officer, District Tuberculosis Officers, doctors, paramedical staff, health workers and other concerned were present on the occasion.
On the occasion, the participants took an oath against drug abuse.
Various speakers emphasized the need to raise awareness about the ill-effects of drug abuse and help the affected people reach de-addiction centres. They appealed to the gathering, especially the youth, to unite and fight against drug addiction, terming the menace as one of the stumbling blocks for India to achieve its full potential.
On the occasion, Bhupinder Kumar expressed happiness over the fact that recently Pulwama has been declared as TB free district. He said that the entire Kashmir division is gradually moving towards Tuberculosis (TB) elimination. “TB incidences are declining in Kashmir. We will achieve TB elimination by 2025 intensified and active case finding and case screening is being done regularly,” he added.
He appreciated the untiring efforts of health employees in achieving these significant landmarks. He lauded the district administration led by Baseer-Ul-Haq Choudhary for his unparalleled support and guidance.
Secretary said that the department has done an extremely wonderful job in achieving brilliant results during the last few years in TB elimination. He praised the work of State Tuberculosis Officer, Chief Medical Officers Pulwama and Shopian, District Tuberculosis Officers, Block Medical Officers and most importantly the outstanding role of the ground staff.

He said that twin districts of Pulwama and Shopian, Anantnag and Kulgam were declared TB free recently, while twin districts of Srinagar and Ganderbal received gold Medals.
Hailing the achievements of Director Health Services, Secretary Health said that it has been made possible only by coordinated efforts of the department under the dedicated work of Doctors, paramedical staff and all the field workers.
On the occasion, he also felicitated doctors, health workers, field staff and paramedical staff of Pulwama/ Shopian for their commendable contributions in the health sector. He said that Pulwama and Anantnag districts in south Kashmir have been declared tuberculosis free in the second round of the sub-national certification for TB elimination of India recently. He added that three districts (Budgam, Pulwama and Anantnag) are the only districts that have been declared TB-free so far. “Srinagar has got a gold medal while UT J&K has got bronze and most of the other districts have maintained the status quo. Pulwama now has the distinction of being among the only three districts with TB free status,” he added.
Secretary lauded their tireless work during the Covid-19 pandemic and in TB elimination. He said that the fight against Covid and TB was almost impossible without the work of health workers while the support of allied departments was paramount. He also complimented anti-TB medical personnel, Pulwama for achieving the target in two years ahead of the National target.
On the occasion, Deputy Commissioner said that only with the strenuous efforts of Health society Pulwama and its associated officers/officials/ workers, health sector is witnessing reformation of the district’s health sector which is being acknowledged at national level as the District received back to back recognition for TB free and Kayakalp awards.
It has been a proud moment for the district administration and all of us that the district received Kayakalp “Award to Public Health Facilities” 2022-2023 besides one Community Health Centre Pampore, 05 PHCs, 01 NTPHC and 04 HWCs have qualified for awards under Kayakalp.
He added that following the National ambitious goal of achieving TB Free India by 2025, District Pulwama is privileged to hit the milestone two years ahead of the National target.
Director Health Services Kashmir, appreciated the work of the health care workers and credited the low mortality rate during the Covid-19 pandemic and the TB elimination in the District to them.
Later, Bhupinder Kumar felicitated the toppers of the recently declared results in class 8, besides felicitating the media fraternity of Pulwama for their commendable role in disseminating information regarding COVID-19 and TB in the district.(GNS)
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#Secretary #chairs #felicitation #ceremony #recognition #Pulwama #health #sector
( With inputs from : thegnskashmir.com )

April 15, 2023
Sharjah announces Eid Al-Fitr holidays for government sector

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Abu Dhabi: Ahead of Eid Al-Fitr, the Sharjah Human Resources Directorate (SHRD) on Thursday announced the holidays for government sector.
Sharjah government sector employees will get holidays from Thursday, April 20 to Sunday, April 23, 2023. They will have to resume work on April 24. These four days will be paid holidays.
The government agencies that work on shifts must make the necessary arrangements according to the nature and needs of their work.

According to astrologers, this year in the UAE, Ramzan will be 30 days longer.
This gives the most likely start of Eid Al-Fitr on Friday, April 21.
However, the official decision will be announced on the 29th day of the holy month of Ramzan, on Wednesday, April 19.
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( With inputs from www.siasat.com )

April 14, 2023
UAE announces Eid Al-Fitr holidays for public sector employees

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Abu Dhabi: The United Arab Emirates (UAE) on Thursday announced the Eid Al-Fitr holidays for public sector employees.
Public sector employees will get holidays from Ramzan 29, Thursday, April 20 to Shawwal 3, Sunday, April 23, 2023. They will have to resume work on April 24. These four days will be paid holidays.
This came in a circular issued by the Federal Authority for Government Human Resources on Thursday.

What is Eid Al-Fitr?
At the end of the holy month of Ramzan, Eid Al-Fitr is a holiday that marks the end of a full month of fasting. Practiced vary around the world, but it usually includes morning prayers, public holidays, visits with family and friends, new clothes and henna, gift-giving, and charitable contributions.
When is Eid Al-Fitr and how is it determined?
The end of the Ramzan is confirmed in the same way as the beginning, by the moon sighting committee, which is responsible for observing the crescent of the new moon.
The duration of the Ramzan is determined by the Islamic calendar, which consists of 12 lunar months with a total of 354 or 355 days.
This means that each month can last either 29 or 30 days.
According to astrologers, this year in the UAE, Ramzan will be 30 days long.

This gives the most likely start of Eid Al-Fitr on Friday, April 21.
However, the official decision will be announced on the 29th day of the holy month of Ramzan, on Wednesday, April 19.
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( With inputs from www.siasat.com )

April 14, 2023
UAE: Eid Al-Fitr holiday for private sector announced

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Abu Dhabi: Ahead of Eid Al-Fitr, the United Arab Emirates (UAE) on Thursday announced the holidays for private sector employees.
Private sector employees will get holidays from Thursday, April 20 to Sunday, April 23, 2023. They will have to resume work on April 24. These four days will be paid holidays.
In a Twitter post, the Ministry of Human Resources (MoHRE) said, “The period from Ramadan 29 to Shawwal 3, 1444 AH, and corresponding to the Gregorian date, will be a paid holiday for all workers in the private sector in the country on the occasion of Eid Al-Fitr.”

The Ministry of Human Resources and Emiratisation (MoHRE) has announced that Ramadan 29-Shawwal 3, 1444H will be a paid holiday for all employees in the private sector across the UAE, on the occasion of Eid Al Fitr. pic.twitter.com/j02QiObrb2
— وزارة الموارد البشرية والتوطين (@MOHRE_UAE) April 13, 2023
An astronomer from the United Arab Emirates said on April 3 that the first day of Eid Al-Fitr will fall on April 21, marking the end of the holy month of Ramzan.
About Eid Al-Fitr
Eid Al-Fitr is one of the most important Islamic holidays celebrated by Muslims all over the world. This holiday marks the end of Ramzan, the Islamic holy month of fasting. It is a time of joy and celebration, as families and friends gather to enjoy the festivities.
Eid Al-Fitr is usually celebrated on the first day of Shawwal, the tenth month of the Islamic calendar. However, the exact date varies depending on the sighting of the new crescent. This festival lasts for three days and is a time of forgiveness, compassion and gratitude.
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( With inputs from www.siasat.com )

April 13, 2023