Achieve specified core benchmarks expeditiously: CS to Admn Secys
J&K needs to act fast on power sector, business, ULB reforms
Mohinder Verma
JAMMU, Jan 19: In order to get 2% of the Gross State Domestic Product (GSDP) as additional borrowings from the Government of India as recommended by the 15th Finance Commission, the Chief Secretary of Union Territory of Jammu and Kashmir BVR Subrahmanyam has directed the concerned Administrative Secretaries to achieve the specified core benchmarks as expeditiously as possible.
Official sources told EXCELSIOR that in the month of May last year the Union Government raised borrowing limits for the States and Union Territories for the current fiscal to 5% of the Gross State Domestic Product from 3% subject to their carrying out specific reforms.
Two UTs share assets and liabilities
Two UTs share assets and liabilities
Since a historical decision taken by the country’s Parliament in August 2019 by carving out two Union Territories out of the state of Jammu and Kashmir , which we can term as happening for the first time in India’s history, Ladakh as a separate UT had to undergo a novel experience of managing administrative set up and an overhaul on its own and run its affairs independently. The two UTs have only one thing not in common , that of having a Legislative Assembly only by Jammu and Kashmir and not by Ladakh. Nevertheless, the reorganisation process would be incomplete in case Ladakh did not get its share of Assets from out of the erstwhile state as also the other part of it, the liabilities. This remaining part of the process has now been completed by transferring capital investments and outstanding liabilities of Rs.1956 crore and Rs. 2504 crore respectively to Ladakh. Since immovable properties too should b
Pact signed for handing over of capital airport
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Updated:
Despite opposition from State government and petitions in Supreme Court
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Despite opposition from State government and petitions in Supreme Court
Despite opposition from the State and cases in the Supreme Court, the Airports Authority of India on Tuesday signed concession agreements with Adani Airports Ltd for operations, management and development of the Thiruvananthapuram international airport via PPP mode for 50 years.
In New Delhi, the agreements were exchanged between N.V. Subbarayudu, ED (SIU), Airports Authority of India, and Behnad Zandi, CEO, Adani Airports. The concession agreements of Jaipur and Guwahati airports were signed and exchanged.
»AP CM Jagan Mohan Reddy to Meet Amit Shah in Delhi Tomorrow amid Row over Temple Vandalism
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AP CM Jagan Mohan Reddy to Meet Amit Shah in Delhi Tomorrow amid Row over Temple Vandalism
A file photo of Andhra Pradesh CM Jagan Mohan Reddy. (Image: PTI)
:Though the sources did not specify whether the Chief Minister has been summoned to give an explanation, the sudden visit assumes significance as it comes after the state BJP leaders lodged complaints with the Centre against the Jagan Mohan Reddy government over the recent desecration of idols in temples.
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India, Bangladesh to enhance counter-terrorism cooperation,New Delhi, Jan 12 (IANS) In a virtual meet of Police chiefs of India and Bangladesh emphasis was laid on enhancing counter-terrorism cooperation especially against global terror groups. As a step towards that, designated ‘nodal points’ would be established for timely and effective handling and response to existing as well