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NC assails J&K Govt`s decision to mortgage land to FIs
Srinagar, Sept 26: The opposition National Conference in Jammu and Kashmir today came down heavily on the Mufti Sayeed coalition government`s decision to mortgage state land to financial institutions for raising funds for power projects.
Srinagar, Sept 26: The opposition National
Conference in Jammu and Kashmir today came down heavily on the
Mufti Sayeed coalition government's decision to mortgage
state land to financial institutions for raising funds for
power projects.
Describing the decision as "undemocratic and anti-people",
Former Minister and senior NC leader Ali Mohammad Sagar
accused the state government of compromising the political,
constitutional and economic rights of the people.
Assailing the government move to mortgage state land to
financial institutions outside the state, he pointed out that
they could further mortgage the precious state
property to non-state subjects, which would be in violation of the
state constitution.
He also critricised the coalition government for
entrusting vast political and administrative powers with the
Ladakh Autonomous Hill Development Council by amending the
original Ladakh Autonomous Hill Development Council Act
without bringing the same before the legislature.
Sagar said in a statement that the proposal of granting
compensation to evacuee property tenants rather than the
original owners of the property was totally against the spirit
of the constitution of Jammu and Kashmir.
Bureau Report
Bureau Report