
J&K Bank is one of greatest turnaround success stories of UT
Peace, stability, rule of law & time-tested democratic values make J&K an attractive investment destination
Lieutenant Governor Manoj Sinha on Thursday said Jammu and Kashmir is a Union Territory and it is a reality which everyone must accept.
Addressing the UT Foundation Day celebrations at SKICC Srinagar, Lt Governor congratulated and extended his felicitations to the people of Jammu Kashmir on the occasion.
He extended his gratitude to every section of the society, Police, Security Forces, Administrative apparatus and all stakeholders for their contribution to J&K’s progress and working tirelessly for a secure and prosperous Union Territory.
“It is a reality that J&K is a UT today. Those who took oath as legislators on the Indian Constitution recently showed duplicity by not attending the function When it becomes a state, we will definitely celebrate statehood day. Prime Minister and Home Minister have assured that statehood will be given at an appropriate time,” the Lt Governor said.
Chief Minister Omar Abdullah, his cabinet colleagues and NC and Congress legislators and those supporting the government did not attend the function. Only the officials attended the UT Foundation day event.
Sharing J&K’s exceptional journey towards peace, progress and prosperity, Sinha said the achievements of past 5 years of transformation is a report card of the commitment of Prime Minister Narendra Modi to the people of J&K.
“I am happy today J&K stands proudly on national stage- tall, self-reliant, and full of self-confidence. A strong foundation has been laid for speedy development in all the sectors. Under the leadership of Prime Minister, we have fulfilled the aspirations of the people,” he said.
He highlighted the progressive policies and reforms and the unprecedented growth registered across the sectors in J&K.
“Our economic fundamentals are strong. Peace, stability, rule of law and time-tested democratic values make J&K UT an attractive investment destination. The confidence of investors in Jammu Kashmir is reflected in the highest ever inflows of investment in the past 4 years,”Sinha said.
He also reiterated his commitment for the extension of the new industrial development scheme in J&K.
Speaking on the achievements registered in banking sector, Sinha highlighted that J&K Bank is one of the greatest turnaround success stories of the UT.
In 2019-20, the bank has reported loss of Rs.1139 Cr. It reported a profit of Rs. 1700 Cr in the year 2023-24. In current FY, J&K Bank clocked Rs. 991 Cr in profit, he added.
On the occasion, the Lt Governor called upon the people to remain united, identify and isolate anti-national elements and those disrupting the peace.
The Lt Governor also spoke on the important role and contribution of Panchayati Raj Institutions, ULBs, and elected representatives in J&K’s development. He expressed hope that the Panchayati Raj elections would be held soon in J&K.
“My dream is to see that every family is prosperous. My dream is to see Faster development of the infrastructure, industries and fruits of growth reach the last person in the queue,” the Lt Governor said.
On the occasion, beneficiaries under different government schemes shared their success stories.
The event also featured impressive performances by the artists celebrating the rich cultural heritage of Jammu Kashmir.
Gulam Ali Khatana, Member of Parliament; B R Sharma, Election Commissioner J&K; Atal Dulloo, Chief Secretary; Administrative Secretaries, senior officers of Security Forces, Civil and Police Administration, and prominent citizens from all walks of life were present.
J&K Bank is one of greatest turnaround success stories of UT
Peace, stability, rule of law & time-tested democratic values make J&K an attractive investment destination
Lieutenant Governor Manoj Sinha on Thursday said Jammu and Kashmir is a Union Territory and it is a reality which everyone must accept.
Addressing the UT Foundation Day celebrations at SKICC Srinagar, Lt Governor congratulated and extended his felicitations to the people of Jammu Kashmir on the occasion.
He extended his gratitude to every section of the society, Police, Security Forces, Administrative apparatus and all stakeholders for their contribution to J&K’s progress and working tirelessly for a secure and prosperous Union Territory.
“It is a reality that J&K is a UT today. Those who took oath as legislators on the Indian Constitution recently showed duplicity by not attending the function When it becomes a state, we will definitely celebrate statehood day. Prime Minister and Home Minister have assured that statehood will be given at an appropriate time,” the Lt Governor said.
Chief Minister Omar Abdullah, his cabinet colleagues and NC and Congress legislators and those supporting the government did not attend the function. Only the officials attended the UT Foundation day event.
Sharing J&K’s exceptional journey towards peace, progress and prosperity, Sinha said the achievements of past 5 years of transformation is a report card of the commitment of Prime Minister Narendra Modi to the people of J&K.
“I am happy today J&K stands proudly on national stage- tall, self-reliant, and full of self-confidence. A strong foundation has been laid for speedy development in all the sectors. Under the leadership of Prime Minister, we have fulfilled the aspirations of the people,” he said.
He highlighted the progressive policies and reforms and the unprecedented growth registered across the sectors in J&K.
“Our economic fundamentals are strong. Peace, stability, rule of law and time-tested democratic values make J&K UT an attractive investment destination. The confidence of investors in Jammu Kashmir is reflected in the highest ever inflows of investment in the past 4 years,”Sinha said.
He also reiterated his commitment for the extension of the new industrial development scheme in J&K.
Speaking on the achievements registered in banking sector, Sinha highlighted that J&K Bank is one of the greatest turnaround success stories of the UT.
In 2019-20, the bank has reported loss of Rs.1139 Cr. It reported a profit of Rs. 1700 Cr in the year 2023-24. In current FY, J&K Bank clocked Rs. 991 Cr in profit, he added.
On the occasion, the Lt Governor called upon the people to remain united, identify and isolate anti-national elements and those disrupting the peace.
The Lt Governor also spoke on the important role and contribution of Panchayati Raj Institutions, ULBs, and elected representatives in J&K’s development. He expressed hope that the Panchayati Raj elections would be held soon in J&K.
“My dream is to see that every family is prosperous. My dream is to see Faster development of the infrastructure, industries and fruits of growth reach the last person in the queue,” the Lt Governor said.
On the occasion, beneficiaries under different government schemes shared their success stories.
The event also featured impressive performances by the artists celebrating the rich cultural heritage of Jammu Kashmir.
Gulam Ali Khatana, Member of Parliament; B R Sharma, Election Commissioner J&K; Atal Dulloo, Chief Secretary; Administrative Secretaries, senior officers of Security Forces, Civil and Police Administration, and prominent citizens from all walks of life were present.
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