J&K
gets Rs 28 cr for police modernisation
NEW
DELHI, May 4: Assam and Jammu and Kashmir
received the highest allocation of additional
funds for Police modernisation during the last
fiscal.
Twenty-four States
had demanded a total of Rs 537.91 crore
additional funds but the Centre allocated Rs
346.28 crore only based in their utilisation of
funds in 2006-07 and funds available at the
revised budget estimates.
Assam got the
highest allocation of additional funds of Rs
30.61 crore even as it demanded Rs 37.70 crore
for modernising its forces in the fight against
insurgency, a senior official said.
Punjab was the
only State which got more money than it demanded.
The State received Rs 16.98 crore as against its
demand for Rs 10.78 crore.
The second highest
allocation went to militancy-affected Jammu and
Kashmir which got Rs 28.21 crore, the amount they
demanded for the purpose.
The north-eastern
States of Manipur, Meghalaya and Nagaland were
the only other States which were alloted the same
amount they demanded.
Manipur got Rs 11
crore, Meghalaya Rs three crore and Nagaland Rs
six crore.
The Naxal-affected
States of Andhra Pradesh, Chhattisgarh and
Jharkhand received Rs 21 crore, Rs 19.25 crore
and Rs 13.5 crore respectively.
Orissa (Rs 19.5
crore), Karnataka (Rs 18.71 crore), Bihar (Rs 15
crore), Haryana (Rs 13.75 crore) and Gujarat (Rs
12.05 crore) were the other major
beneficiaries.(PTI)
Offices
reopen amid tight security
SRINAGAR
: The
offices of the Chief Minister, his Cabinet
Colleagues and other darbar move departments
reopened here this morning amid unprecedented
security arrangements.
The offices were
closed at Jammu on April 25 in the afternoon.
Chief Minister
Ghulam Nabi Azad and his cabinet colleagues were
among first who arrived in the Secretariat at
0915 hrs.
Security personnel
were seen guarding the streets including Civil
Secretariat the area where offices of Mr
Ghulam Nabi Azad and his ministers are located. A
large number of security force personnel have
been deployed in and outside the Secretariat to
keep a close watch on pedestrians and vehicles.
Official sources
said about five more companies of Central Reserve
Police Force (CRPF) and State Police have been
deployed to thwart any militant attempt to attack
Secretariat.
Security forces
were also deployed on the fly-over where
militants detonated a powerful Improvised
Explosive Device (IED) in March resulting in the
death of a civilian and injuries to 16 others. In
1990s, militants made about a dozen rocket and
grenade attacks on Secretariat causing injuries
to employees.
All the officials
coming with the Darbar move, except those who
have their own house, will be given fully
protected accommodation at identified places in
the city.
There are 75
hostels containing 2100 rooms for move officials
in safe zones being protected by Central Reserve
Police Force (CRPF) and State Police Personnel
round the clock.
The employees were
taken to Secretariat and other offices in 62
fully protected buses from their residence. (UNI)
Metlife
unveils "loan assure" for J&K bank
customers
SRINAGAR
: Metlife
India Insurance Company, one of the
countrys fastest growing Life Insurance
firms, today introduced here a loan
assure scheme that would provide life cover
to J&K banks loan customers.
"Met loan
assure is a customized product developed
exclusively by Metlife for our customers, keeping
in mind the growing demand of credit in the
State," J&K Bank Chairman and CEO Haseeb
Drabu told reporters.
The plan will add
value to the customers because it will help them
take loans with the safety net of life insurance,
he added.
The product covers
all types of loans home, education,
vehicle and personal loans.
It is a specially
designed group insurance plan that provides life
insurance cover specifically for a loan taken by
an individual, Metlife Managing Director Rajesh
Relan said.
It ensures
financial security for the loan holder as the
insurance proceeds can be used to repay the
outstanding loan amount in case of the
unfortunate demise of the insured individual, he
said.
Through the
product, the company want to help the loan
customers achieve peace of mind so that "the
asset remains an asset for the family,"
Relan added.
"We are
committed to providing our customers with a
comprehensive financial solution under one
roof...We have help desks set up at most of our
branch offices to handle all inquiries about this
product," Drabu said.
Met loan assure is
a single pay MRTA (Mortgage Reducing Term
Assurance) solution on a group platform. The
product is designed to target financial
institutions or employers who lend loans.
Explaining the key
features of the plan, Relan said all persons
between the age 18-60 are eligible to this
insurance.
Maximum maturity
age is 70 years or the day on which the
outstanding amount is repaid in its entirety,
which ever is earlier, he said.
Met loan assure
could be offered on a single life or on a Joint
Life Basis (Joint Life is available only for home
loans) depending on the way the loan is held.
The minimum and
maximum coverage terms are three years and 25
years.
He said, premium
payment mode is single premium and the payment
can be made directly by the customer or it can be
even financed by the bank.
The sum assured is
minimum of Rs 5,000 per life, maximum is
equivalent to the loan amount outstanding at the
commencement of risk cover, he said, adding, but
this cannot exceed Rs five crore at any point.
Metlife through
its bank partners and company-owned offices is
present more than 600 locations and the insurer
has more than 32,000 financial advisors who help
customers. (PTI)
Militants
waiting to enter country: BSF
CHANDIGARH
: BSF
today said that militants across the border are
waiting to enter the country once mountain passes
in Jammu and Kashmir open with the melting of
snow.
"The BSF has
strong inputs that militants are waiting along
the border to enter the country," BSF
Director General A K Mitra told reporters on the
sidelines of a foundation stone laying ceremony
for a BSF building here.
He said along the
Western border, the infiltration is presently
low.
However,
"once the mountain passes open, the militant
activities along the border are likely to
increase manifold," he said.
He did not rule
out the possibility of increase in the militant
activities in the wake of upcoming assembly
elections in Jammu and Kashmir.
"In the past
also it has been observed that whenever elections
are close in Jammu and Kashmir, attempts have
been made by militants to step up violence,"
he said.
Mitra also said
that number of training camps of militants in
Pakistan had gone up but did not give out any
figures.
On queries on ways
to check infiltration, Mitra said certain
terrains along the border were such that these
were susceptible to militant activities.
He said
infiltration along the border with Bangladesh is
more but maintained that steps were being taken
to bring it down.
He said that the
level of inadvertent border crossings had
decreased in the wake of bi-annual meetings
between BSF and Pakistan Rangers.
Mitra said
smuggling as well as constructions along the
border was still in progress.
He said the BSF
had dedicated this year to providing water,
electricity and toilets at around 4000 Border Out
Posts (BOPs).
"A major
chunk of Rs 278 crore will be spent on improving
facilities at the BOPs," he said adding BSF
had been able to provide basic amenities to six
out of total 31 BOPs which were only
air-maintained. (PTI)
Womens
reservation bill likely to be
introduced tomorrow
NEW
DELHI : A bill, providing for reservation
for women in Lok Sabha and Assemblies, is likely
to be introduced in Parliament tomorrow.
The Womens
Reservation Bill, which provides for 33 per cent
quota for women, will be considered by the
Cabinet tonight and is expected to be introduced
in the Rajya Sabha, sources said here today.
The bill is
expected to be referred to the Standing Committee
soon after being tabled in the Upper House, they
said.
The proposed
legislation has been stuck for long due to
differences between political parties over the
percentage of reservation, with some parties
insisting on providing for quota for women from
backward classes.
Prime Minister
Manmohan Singh told a Left parties
delegation on Saturday that his government was
committed to providing reservation for women in
the elected bodies and would introduce the bill
in the current Budget session of Parliament.
(PTI)
Revised
pay package for armed forces to
be finalised tomorrow.
NEW
DELHI,: A revised pay package for the armed
forces personnel including enhanced military
service pay for those below officer rank would be
finalised at a crucial meeting to be chaired by
the Cabinet Secretary K M Chandrashekar tomorrow.
Besides the
Cabinet Secretary, the meeting would be attended
by the Navy Chief, Admiral Sureesh Mehta, Air
Chief Marshal F H Major and Army Chief General
Deepak Kapoor.
The meeting would
also be attended by other Secretaries in the
empowered group of Secretaries set up by the
Government to go into anomalies in the pay
packages of armed forces personnel.
The meeting was
scheduled to be held today but was put off till
tomorrow, official sources said.
Meanwhile, Defence
Minister A K Antony today said there was no
"large scale" departures from the
services despite the Sixth Pay Commission
Recommendations did not come up to their
expectations.
"Army
personnel are allowed to leave service on account
of various reasons like suppression, extreme
compassionate grounds, low medical category and
failure to acquire minimum educational
qualification," the minister said in reply
to a written question in the Lok Sabha.
He put the number
of officers who were permitted to leave services
due to various reasons during the last five years
at 3474. (PTI)
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