Valley Observer Weekly Newspaper of Jammu and Kashmir

SRINAGAR, MARCH 14: With a view to provide its customers a wider range of life-insurance products and services, Jammu and Kashmir Bank today entered into an agreement with the country’s insurance giant Life Insurance Corporation (LIC) of India.

General Manager (Cross Selling Vertical) Narjay Gupta signed the agreement on behalf of J&K Bank, while as, Regional Manager (MBAC) P K Saxena put in his signatures representing LIC India in presence of Bank’s Executive Director Sudhir Gupta, General Manager Syed Rais Maqbool, LIC of India’s Senior Divisional Manager Dinesh Tanania besides senior officials of J&K Bank and LIC of India at Bank’s corporate headquarters. The agreement will be effective from April 1, 2023.

Terming the agreement a milestone set to benefit Bank’s growing clientele, Executive Director Sudhir Gupta said on the occasion, “With customer welfare at the heart of Bank’s policies, the tie-up with LIC of India – a premier insurance company in the country – will provide our customers an access to wider range of products that LIC offers while adding to Bank’s non-interest income. This association will surely be beneficial to both the organisations.”

Pleased with the tie-up P K Saxena hoped that association between two leaders in their own operational domains will script a new chapter of success in serving the people. He said, “We are excited with the journey we have embarked upon with leading financial institution in UTs of J&K and Ladakh. By offering the industry-best insurance related products and services to customers, I am sure our company will gain greatly from J&K Bank’s extensive network of touch points selling our products.”

Sounding optimism General Manager Narjay Gupta said, “LIC’s products and J&K Bank’s second-to-none services will bring laurels to both the institutions going forward as the agreement will provide greater choice of insurance solutions to the customers.”

On the occasion General Manager Syed Rais Maqbool asserted that both the organisations will live up to the expectations of their stakeholders so as to build further on their reputation. “Our country has a vision to insure every individual in the times to come. I think this collaboration will play its part greatly in achieving the national goal across our operational geographies”, he added.

SRINAGAR, MARCH 13: With a view to facilitate its customers, J&K Bank today entered into an agreement with Ludhiana-based Seth Industrial Corporation (SIC) – one of the leading manufacturers in wide assortment of electric vehicles like e-Bikes, e-Scooters, e-Rickshaws in the country under the Brand name ‘Neelam’.

Deputy General Manager Imtiyaz Ahmad Bhat signed the MoU on behalf of the Bank while as Rajesh Seth put in his signatures as Joint Director/Partner of SIC in presence of Business Head (SIC) Ranbir Singh Saini during a function organised at the corporate headquarters of J&K Bank.

Speaking on the occasion, DGM Imtiyaz Ahmad Bhat said, “Through this tie-up we are happy to offer easy, affordable and attractive financing solutions to our customers while encouraging electric vehicular transport in the country. As part of our green policy initiatives, we are already partnering with many such electric vehicle manufacturers throughout our operational geographies.”

While commenting on the importance of affordable financing, Rajesh Seth said that the demand for electric vehicles was only growing but easy and hassle-free finance was the main supply-side constraint. “However, after signing the MoU with J&K Bank, which is the premiere financial institution in UTs of J&K and Ladakh with strategic presence across the country; I feel the partnership will enable us to scale our operations and provide eco-friendly ride besides sustainable livelihood to our common clientele.”

Notably, the bank’s customers can avail a range of concessions from SIC that primarily includes over the counter discount of Rs 3000 along with three free services without charge. Also, the clients availing finance from J&K Bank can avail the company’s extended warranty period of 3 years on Lithium Batteries instead of 2 years for general customers besides 21 months warranty time on other batteries instead of 18.

SRINAGAR: On a cold morning, a group of men on their small boats are looking for something on mid waters in world famed Dal Lake here. Are they up so early to catch rainbows? Surely not! They have no nets or angling rods. Are they there to collect fodder? No! So, guess it right – Dal does not grow green leaves on surface in winters. Well, actually the two Pheran clad men are up too early to pluck the most sought after aquatic vegetable’ –the organic Lotus Stem or Nadru as called in local parlance.

Growing naturally in major lakes in Kashmir, Nadru  continues to tease taste buds and powers livelihood in the valley.

Equipped with a long stick, two Dal inhabitants 48-year-old Bahir Ahmad Akhoon and a 46-year-old Mushtaq Ahmad Akhoon are continuously dowsing the waters to locate lotus stem. As soon as they feel the obstacle with long stick, they immediately pull it out with the help of a Shum, a metal fork tied at the end of the rod. And on the surface pops up the long, cylindrical creamy white lotus stems, one of the prized vegetables of Kashmir.

Though the organically cultivated Nadru grows naturally in all the major water bodies of valley, Dal Nadur or a lotus stem from Dal lake is regarded as the best quality for its exquisite taste and whitish color.

Nadrus grow mainly between the autumn and summers. By end of March, Nadru farmers pluck out edible lotus stems worth crores.

Used widely by the valleities, Nadru has a lion’s share in Kashmir’s cuisine. Be it Eid and Navroz for Muslims or Shivratri for Kashmiri Pandit families, the waterborne vegetable is essential part of local culture.

Near and dear ones are invited and served cuisine made from Nadru. It is hardly possible that a Nadru dish is not served to invitees during the feasts organized in Kashmir families during winters.

“My son who studies abroad is returning home after a gap of one year. I am going to prepare Nadru dish for him, as he likes them the most. I am exploring what else to get with them,” says Hafeeza Akhtar from Srinagar’s Lal Bazar, while carrying a bunch of large sized Nadru in a bag.

Lotus stem is often prepared with fish that makes them ‘Nader Gaade’, a dish loved by one and all. ‘Nader Haakh’, lotus stem and Collard Green and ‘Nader Muje’, Lotus stem and radish are among the traditional dishes made from locally produced Nadru. Besides there are variety of foods ranging from street chaats to snacks and dishes whose essential ingredient is famed Nadru. In some neighbourhoods of Dal and Anchaar lake, where the lotus grows in abundance, people can be often seen drying the stuff on attics to keep it for summer use.

Such is the craze for this edible stem of symbolic lotus plant that it serves as a token of love or prized gift in Kashmir culture. A bunch of Nadru stems is a prized gift or treat exchanged between the acquaintances, friends or relatives especially during winters and festivities.

While adding colour to valley cuisine these lotus stems are a source of livelihood too. From cultivation to marketing, hundreds of families across Kashmir benefit from it. A cultivator, vegetable sellers or nadru dealer, everyone gets their share from its trade.

“I have been cultivating nadru for past 20 years. Whole men folk, my two sons and  I usually harvest 10,000 to 12,000 bunches of lotus stem every year. This aquatic commodity is our major source of income,” Ghulam Mohammad Akhoon told the Valley Observer while plucking the lotus stems in Dal. “At times, I often hire people to pluck the stuff as the demand upticks during severe cold. During this period, most of people prefer to stay indoors and like to cherish Nadru dishes,”

Before being sold in market, these lotus stems are arranged in bunches, which are graded according to the length and girth of stems in a bunch. An average Nadru bunch weighing about 2 kilograms fetches between Rs 200 to Rs 300. There are some bunches which are priced up to Rs 900 in the market. The price of edible stems shoots up during festivities however.

The cultural legacy of Nadru continues despite the waterborne crop faced a near total wipe-out from Dal and Anchaar waters during the devastating floods in September 2014. In the wake of floods, many Nadru cultivators had rented  marshy lands in the neighboring district of Ganderbal, preserved seed there and then again propagated it in these lakes. Thanks to these resilient Nadru cultivators, lotus in a full bloom is again a popular sight on Dal and adjacent waterbodies in the valley. The prized vegetable has re emerged as a main aquatic crop of the valley and  continues to fuel the livelihoods of hundreds of families associated with the trade.

Meanwhile Akhoon who is dowsing the Dal waters, finds his catch, a long lotus stem -the Nadru!