Author: ValleyObserver

Categories
BUSINESS

CAs, CSs Pitch Governance Reforms to Boost Corporate Ecosystem in J&K

Srinagar, April 27: A high-level delegation of Chartered Accountants (CAs) and Company Secretaries (CSs) on Monday met Regional Director (Northern Region), Ministry of Corporate Affairs, Ramesh Mishra, and Registrar of Companies (J&K and Ladakh), Syed Hamid Bukhari, to deliberate on key corporate governance and regulatory issues affecting the Union Territory.

A handout said: The delegation—represented by CA Saqib Ali Jan, CS Waseem Jahangir and CS Syed Amir Ali—held detailed discussions focused on strengthening the region’s corporate ecosystem while balancing regulatory compliance, ease of doing business, and investment promotion.

A central issue raised was the need for a special compliance facilitation framework for enterprises operating in geographically challenging and emerging regions like Jammu & Kashmir. The delegation advocated a more facilitation-oriented regulatory approach to support first-generation entrepreneurs and small businesses in meeting requirements under the Companies Act.

Emphasising corporate formalisation as a driver of economic development, the participants called for greater adoption of company and LLP structures across sectors such as tourism, horticulture, handicrafts, renewable energy, and producer enterprises. They noted that formal corporate structures could significantly improve governance standards, investment inflows, and employment generation.

The discussions also underscored the role of strong corporate governance in building investor confidence. The delegation highlighted that regulatory certainty, transparency, and robust governance practices are essential to position Jammu & Kashmir as an emerging investment destination.

Capacity building and institutional collaboration emerged as another key theme, with proposals for joint initiatives involving the Ministry of Corporate Affairs, professional institutes, and industry stakeholders to enhance awareness on company law compliance, startup governance, and board responsibilities.

Concerns were also raised over the migration of startups from the region, with many founders opting to incorporate outside Jammu & Kashmir. The delegation suggested measures to strengthen the local incorporation ecosystem and retain entrepreneurial activity within the Union Territory.

Other issues discussed included MSME stress resolution, insolvency preparedness, increased deployment of CSR towards regional development, and the need for ESG and sustainability readiness among emerging businesses.

The delegation further proposed developing Jammu & Kashmir as a model region for facilitation-led, governance-driven corporate regulation, including the idea of a dedicated Corporate Governance and Ease of Doing Business Roundtable involving regulators, professionals, and industry stakeholders.

The Regional Director and the ROC appreciated the suggestions, emphasising the importance of continuous stakeholder engagement in fostering a robust compliance culture. They encouraged sustained dialogue between regulators and professionals to promote a progressive corporate environment.

“Delegation members described the meeting as productive, reflecting a shared commitment to strengthening corporate governance, enhancing investor confidence, and supporting economic growth in Jammu & Kashmir,” the handout added.

Categories
SPORTS

J&K Police inaugurated Women’s T20 Cricket Tournament in Kupwara

Kupwara, April 21: J&K police inaugurated women’s T20 cricket tournament under CAP 2025-26 in Kupwara. The inaugural ceremony was graced by SSP Kupwara Shri. Al Tahir Gilani (JKPS) as Chief Guest, along with DySP Dar, SHO Women PS Kupwara, and other officers. A large number of spectators attended the event.
The Chief Guest unveiled the tournament trophy and declared the event open, appreciating the initiative to promote women’s empowerment through sports and encouraging discipline, teamwork, and a healthy lifestyle. The event aims to boost women’s participation in sports and strengthen community engagement through positive initiatives.

Categories
BUSINESS JAMMU

Javid Dar meets delegation of FICCI Ladies Organisation

JAMMU, APRIL 21: Minister for Agriculture Production, Rural Development and Panchayati Raj, Cooperative and Election Department, Javid Ahmad Dar on Tuesday met a delegation of the FICCI Ladies Organisation at the Civil Secretariat here.
The delegation raised a range of issues concerning promotion of women-led enterprises, skill development and greater economic participation of women across Jammu and Kashmir. They also suggested measures to enhance the institutional support and improve market access for women entrepreneurs.
The Minister assured the delegation that their concerns would be addressed in a time-bound manner. He said the government is focused on creating an enabling environment for women entrepreneurs through the targeted initiatives, improved access to finance and capacity-building programmes.
Emphasising inclusive growth, Javid Dar said women are key drivers of economic development and their active participation is essential for sustainable progress, particularly in rural areas.
He also highlighted the ongoing efforts aimed at boosting the entrepreneurship and livelihood opportunities adding that the Omar Abdullah government is committed to ensure that women receive adequate support to expand and sustain their enterprises.

Categories
SPORTS

GCoE organizes Intra-Mural Tournament to promote physical fitness among participants

SRINAGAR, APRIL 21: Department of Physical Education of the Government College of Education (GCoE) M.A. Road, Srinagar, today organized an Intra-Mural Tournament in Badminton and Volleyball for students and staff at the college Multipurpose Hall.

The event was formally inaugurated by the Principal, Prof. Dr. Seema Naz, in the presence of Convenor Sports, Prof. Mohd Yasin.
The tournament witnessed enthusiastic participation from students across different streams, creating a vibrant and competitive atmosphere. The event aimed to promote physical fitness, teamwork, and sportsmanship among the participants.
In the Volleyball final, the UG team delivered an impressive performance and defeated the B.Ed 1st Semester team by 2–0 sets to clinch the title.
In the Badminton final, the pair of Mohsin and Zubaid (UG) showcased excellent coordination and skill, defeating A.B. Rehman and Mohd. Ashraf (B.Ed 3rd Semester) to emerge as winners.
The matches were played in the true spirit of sportsmanship, and the event concluded successfully with great enthusiasm.

Categories
KASHMIR

Aga Muntazir expresses grief over death of college student in Udhampur road accident

Budgam, April 16: MLA Budgam, Aga Syed Muntazir Mosvi on Thursday expressed profound grief and sorrow over the tragic demise of Anjali Choudhary, a fourth-semester student of Government College for Women, Gandhi Nagar, Jammu, who lost her life in a road accident near Udhampur this morning.

The incident occurred when the student was travelling with fellow students on a picnic to Patnitop.

Expressing his condolences, the MLA said he was deeply saddened by the untimely loss of the young student, terming the incident as heartbreaking and tragic.

Anjali Choudhary

“I am deeply saddened to learn about the tragic demise of Anjali Choudhary, a bright young student, who lost her life in an unfortunate road accident near Udhampur while travelling with fellow students to Patnitop,” he said.

He extended his sympathies to the bereaved family, friends, and the entire college fraternity during this difficult time.

“My heartfelt condolences are with her family, friends, and the entire college fraternity. May the departed soul rest in eternal peace,” he added.

Categories
EDUCATION JAMMU

Higher Education Department Mourns Tragic Loss of Student

Jammu, April 16: The Higher Education Department of Jammu & Kashmir has expressed profound grief and heartfelt sorrow over the untimely demise of Ms. Anjali Choudhary, a 4th Semester student of Government College for Women, Gandhi Nagar, Jammu, who lost her life in a tragic road accident near Udhampur.

According to official sources, the incident occurred while the student was travelling with her fellow classmates to Patnitop. The sudden loss of a young life, filled with promise and aspirations, has sent shockwaves across the academic community. Authorities are currently ascertaining the exact circumstances surrounding the accident.

The Hon’ble Minister for Higher Education conveyed deep anguish over the tragedy and extended heartfelt condolences to the bereaved family, friends, and the college fraternity. Terming the loss as deeply distressing and irreparable, the Minister has directed officials to extend all possible assistance to the grieving family. She also prayed for eternal peace to the departed soul.

The Commissioner Secretary of the Higher Education Department, along with the Director Colleges, Nodal Principals, Principals, faculty members, students, and the entire academic fraternity, expressed profound sorrow and solidarity. They extended sincere sympathies to the family during this difficult time.

Reaffirming its support, the Department stated that it stands in unwavering solidarity with the bereaved family and is in close coordination with concerned authorities to ensure all necessary assistance is provided.

The tragic passing of Ms. Choudhary has left an irreplaceable void, with the academic community remembering her as a bright and cherished student.

May her soul rest in eternal peace, and may her family find strength and solace in this hour of grief.

Categories
CRIME

Police foil major land scam in Baramulla; Seven accused held for impersonation & cheating

Baramulla, April 10: Police in Baramulla have thwarted a major land fraud attempt at Wussan Kunzer by apprehending a group of fraudsters posing as land brokers and government officials in order to deceive an unsuspecting buyer. The accused had fabricated a false ownership claim over a piece of land and presented one of their associates as the legitimate owner. To lend credibility to their scheme, one member impersonated a Patwari while others posed as revenue officials. However, timely verification by Police exposed the entire operation as a pre-planned conspiracy aimed at cheating the complainant.

The complainant, Abdul Ahad Malik son of Gh Nabi Malik resident of Panzi Nara Shalteng, had already been duped of a substantial amount before Police intervention. Acting swiftly, Police apprehended the accused identified as Gh Mohammad Wani son of Md Ramzan Wani resident of Palpora Pulwama (impersonating as Patwari), Masood Ahmad Wani son of Md Shafi resident of Pir Bagh Sector B (posing as son of property owner – Khursheed Alam), Md Yousuf Wani son of Ab Ahad resident of Pandithpora Kunzer (broker), Md Abdullah Mir son of Ab Gaffar resident of Shilwat Sonawari (broker), Bilal Parray son of Ab Rashid resident of Markundal (broker), Fayaz Ahmad Khanday son of Gh Nabi resident of Takkanwari Srinagar (broker) and Riyaz Ahmad Mir son of Gh Nabi resident of Sheikhzoo Ganderbal (broker).

Preliminary enquiry revealed that the complainant had already paid ₹4,00,000 in cash and ₹10,000 via bank transfer, and was being further persuaded to arrange ₹20,00,000. The accused were intercepted at a crucial stage, preventing further financial loss.

During the operation, Police recovered and seized forged revenue documents pertaining to the land measuring 13.5 kanals at Wussan Bangil under Khasra Nos. 271, 272, 273, and 274.

Regarding the incident, FIR No. 42/2026 under relevant sections of law has been registered at Police Station Kunzer. Investigation is ongoing to trace additional accomplices and uncover the full extent of the fraud network.

J&K Police urge the public to remain vigilant and verify all land-related documents and identities through proper government channels before entering into any property transactions.

 

Categories
CITY

Director A&T Kashmir reviews functioning of Saddar Treasury Srinagar

SRINAGAR, APRIL 10: Director, Accounts and Treasuries (A&T) Kashmir, Imtiyaz Ahmad Wani, today paid a maiden visit to Saddar Treasury Srinagar to review its functioning and assess service delivery mechanisms.

During the visit, the Director laid special emphasis on ensuring smooth, efficient, and citizen-friendly services for pensioners. He took a detailed review of the pension section, focusing on ease of access, availability of ramps, and adequate seating arrangements for visiting pensioners. He also interacted with several pensioners on the spot to gauge their satisfaction levels and receive direct feedback.

The Director further reviewed the overall functioning of the treasury with respect to financial governance. He assessed the status of IT interventions, the level of computerisation, and inspected the attendance of employees to ensure discipline and efficiency in service delivery.

Reiterating the importance of responsive and transparent governance, the Director stressed the need for continuous improvement in public service delivery and effective utilisation of technology in treasury operations.

Categories
EDUCATION

IGNOU Holds 39th Convocation at Srinagar; 344 Degrees Conferred

Vice President presides over national event; emphasis on inclusive and distance education

Srinagar, April 7: Indira Gandhi National Open University (IGNOU) today held its 39th Convocation across 51 regional centres, with the national ceremony presided over by the Vice President of India, Shri C. P. Radhakrishnan.

The regional convocation for Jammu & Kashmir was organised at the auditorium of Government Dental College Srinagar. Vice Chancellor of SKUAST-Kashmir, Shri Nazir Ahmad Ganie, Vice Chancellor, SKUAST-Kashmir and Commissioner Secretary, Government of J&K Saurabh Bhagat were present on the occasion.

A total of 344 degrees were conferred to learners during the regional function, while 10,989 students received degrees overall from the Srinagar Regional Centre.

Addressing the gathering, Shri Nazir Ahmad Ganie congratulated the learners and highlighted the growing relevance of distance education in expanding access to learning. He noted that institutions like IGNOU have helped overcome geographical barriers and are contributing to the evolving model of education.

Shri Saurabh Bhagat, in his address, emphasised the role of IGNOU in promoting access to education, particularly in remote areas. He underlined the importance of distance and online education in improving the Gross Enrolment Ratio in line with the National Education Policy 2020. He stated that convocation marks the culmination of sustained academic effort and commitment by learners.

Regional Director, IGNOU Regional Centre Srinagar, Dr. A. H. Rizvi, informed that the centre has been serving learners since 1999 and currently oversees 29 active study centres across Kashmir and Ladakh. He added that 46,468 students were enrolled in various programmes in the previous year.
Dr. Rizvi encouraged graduating students to enhance their skills and adapt to emerging opportunities, including entrepreneurship, in a competitive global environment. He informed that IGNOU has a total of 57 regional centres across the country, which supervise more than 200 centres nationwide. Srinagar’s Center serves as its Nodal Center for conducting various programmes across the 29 active study centers it has across Kashmir and in Ladakh.

While congratulating all the graduating students, Dr. Rizvi encouraged graduating students to enhance their skills and adapt to emerging opportunities, including entrepreneurship, in a competitive global environment.

The convocation was attended by students, parents, faculty members and representatives of the media.

Categories
SPORTS

Batting against drug abuse, CM Omar Abdullah inaugurates 2nd edition of Sher-i-Kashmir Cricket Tournament at Jammu

JAMMU, APRIL 07: Chief Minister Omar Abdullah today launched the trophy for the 2nd edition of the Sher-e-Kashmir Cricket Tournament and unveiled the team jerseys at Maulana Azad Stadium here.

At the launch ceremony, Minister for Agriculture Javid Ahmed Dar, Advisor to the Chief Minister Nasir Aslam Wani, tournament organizer Tejinder Singh, along with other organizers, participating teams and concerned officials, were present.

The Chief Minister unveiled the trophy for the day-and-night 2nd Sher-e-Kashmir Cricket Tournament and also released the official jerseys of the participating teams.

Interacting with the players on the occasion, the Chief Minister wished them the best of luck for the tournament.

The 2nd edition of the Sher-e-Kashmir Cricket Tournament is being organized as part of a social awareness initiative aimed at promoting a healthy lifestyle.

The tournament underscores the importance of staying away from substance abuse and encourages engagement in constructive activities like sports.

Community leaders, organizers and participants highlighted the role of cricket in fostering unity and inspiring youth to lead healthier and more disciplined lives.

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