Category: Business

Business

Kashmir an ideal shooting destination: Imran Khan

Editor

The stalls set up by J&K Tourism department and the travel trade of the state at the OTM exhibition at Mumbai received an “encouraging” response from the visitors who showed keen interest in the destinations and tourism products showcased. The department to promote all the three regions of the state organised a road show in club Andheri west and several interactive sessions with travel trade and media fraternity at the convention hall of Mumbai Exhibition centre. The department also organized Kargil night in collaboration with Kargil travel trade and LHDC…

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NHPC seeks to adjust water cess against JK’s power purchase liabilities

Editor

With the power purchase liabilities piling up against J&K, the National Hydroelectric Power Corporation (NHPC) is eyeing to adjust the outstanding water usage charges against the State’s liability. According to official documents, the Corporation came up with the demand during the 30th meeting of the commercial sub-committee of the Northern Regional Power Committee (NRPC) held in the neighbouring Himachal Pradesh on September 23, 2015. The State purchases electricity from several central power suppliers including NHPC that has seven hydropower projects operational in the State. Post 2009, the power generating companies…

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Dachigam to be thrown open for tourists: Secy Tourism

Editor

TAAK, PHAROA release directories at OTM, Mumbai Jammu and Kashmir Tourism department organized a press conference at OMT, Mumbai on Friday. A large gathering of exhibitors and visitors participated were present on the occasion. Chief Guest Secretary Tourism J&K Farooq A Shah gave full profile of the J&K and highlighted the features of its three regions. He said besides existing destinations, new destinations like Gurez are being promoted in a big way by the government. He also said J&K is the only state having tourist police who ensure every smooth…

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Kashmir Inc aghast over ‘misuse’ of food safety law

Editor

Kashmir Chamber of Commerce and Industry today expressed serious concern over the “raids and inspections being carried out and disproportionate penalty slapped in the name of Food Safety and Standards (FSS) Act.” President, KCCI, Mushtaq Ahmad Wani said the chamber is dismayed at the manner in which the authorities concerned were implementing the FSS Act. “A sort of panic is being created in the food industry by the uncalled for raids and inspections and disproportionate penalty slapped in the name of FSS Act,” he said. “The FSS Act is in…

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After year tender of lowest bidder cancelled for PakalDul Power Project

Editor

The Chenab Valley Power Corporation has cancelled the offer of a consortium to construct 1000-MW PakalDul hydropower project citing “substantially high prices” quoted by the bidder. The consortium had emerged lowest bidder for the project last year. An official said authorities at Chenab Valley Power Projects Private Limited (CVPPPL) on Tuesday cancelled the tender of the consortium of Mumbai-based Patel Engineering, Limak of Turkey and GoI owned BHEL citing substantially higher prices quoted by it in comparison to estimated cost worked out by the company. “… it was found that…

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TAAK holds ‘See Kashmir in Light’ in Ahmedabad

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Travel Agents Association of Kashmir (TAAK) organized first of its kind a roadshow in Ahmedabad (Gujarat) in which travel agents and tourism officials from J&K and Gujarat participated. TAAK also organized ‘Promotional Evening’ at Hotel Fortune under the theme ‘See Kashmir in New Light’ where over 100 travel agents from J&K and Gujarat participated. Director Tourism Kashmir Mahmood A Shah and Director Tourism Jammu R K Verma were the chief guests. Director Tourism Kashmir gave a presentation on J&K’s all the regions highlighting tourism potential of the State, a TAAK…

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Uninsured flood-hit traders to get relief after Guv’s directive

Editor

After waiting for nearly one and a half year, the uninsured flood-hit Valley traders will finally get relief to restore their businesses. Divisional Commissioner, Kashmir, Asgar Hassan Samoon said the decision to this effect was taken in a recent meeting with Governor NN Vohra. “We had a meeting with the Governor and he has directed that on priority relief be distributed among those small-time traders who suffered losses in the floods and had no insurance,” said Samoon. In Srinagar, there are around 8,000 traders whose businesses were not insured and…

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Just one checking for vehicles carrying tourists, pilgrims to J&K

Editor

Taking a strong notice of the reports and complaints from different quarters that both, the Traffic as well as the Executive wings of the Jammu and Kashmir Police, were subjecting the non-J&K vehicles carrying tourists and pilgrims to unwarranted checking at around 25 points, Governor’s administration has ordered that such vehicles would be checked nowhere other than the entry point of Lakhanpur. Highly placed authoritative sources revealed to us that Governor’s Advisor Parvez Dewan last week directed Secretary Transport Kifayat Hussain Rizvi to come up with a policy that would ensure…

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Kashmir is natural play fields for adventure activities: ATOAK

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Hails tourism department for declaring 2016 as “Adventure Tourism” year  Adventure Tour Operators Association of Kashmir (ATOAK) has hailed the decision of   department of tourism for declaring the year 2016 as “Adventure Tourism” year in Jammu & Kashmir. In a statement, the members of ATOAK appreciated department of tourism for such a ‘visionary’ step which has been taken at an appropriate time though it was a long pending demand to the department of tourism from ATOAK to showcase and expose the adventure tourism potential of our state in its…

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Facilitate LoC traders’ meetings to boost business, officials told

Editor

To boost cross-LoC trade, the Divisional Commissioner, Kashmir, Asghar Samoon today directed the officials to facilitate meetings between traders of the two sides and also build residential quarters for PoK businessmen so that they don’t mix with local population. He also asked the members of trader bodies to look for possibilities of trade in goods other than the approved items. During a meeting of traders and officials here, Samoon directed the Deputy Commissioner, Baramulla, and other officials concerned to have joint consultation with traders for enhancing marketing prospective of the…

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