Connect with us

Transport

J&K Bank, Ashok Leyland sign MoU to facilitate CMVs

Published

on

J&K Bank, Ashok Leyland sign MoU

BK News

Srinagar, Dec 4: Jammu and Kashmir Bank Friday entered into a tie-up with Ashok Leyland to facilitate the bank’s customers with a range of commercial motor vehicles (CMVs).

J&K Bank Vice-President (CCB) Manzoor Hussain exchanged the memorandum of understanding (MoU) with the Head Retail Finance, Ashok Leyland, Suvendu Moitra in presence of the bank’s Executive President Arun Gandotra and Head Sales Finance, Ashok Leyland DS Madhusudan, Territory Sales Manager Umar Mir and other officers of the bank, a spokesperson of the bank said.

Speaking on the occasion, Executive President Arun Gandotra said, “In our quest for deeper engagement with our customers, we feel pleased to partner with Ashok Leyland to make an array of customized commercial vehicles including trucks, tippers and school buses accessible to them through its extensive network of touchpoints across the country especially in the UT, where they have a sizable presence and are going to double the number of touchpoints within a year.”

“The agreement is a win-win for our customers as they will avail customized solutions from both the companies tailored to meet their financial as well as vehicular requirements,” he added.

The attractive add-ons as per tie-up for the bank’s customers include free service package of Rs 15,000 for each truck and bus (MHCV Range from 8T to 55T) and 4-year driver term-insurance of Rs 10 lacs on every AVTR truck funded by the bank, said the spokesperson.

Earlier, Suvendu Moitra gave an overview of the profile and products of Ashok Leyland in a presentation that was also attended by all the Zonal Heads of the bank through video conferencing. On the occasion, the Zonal Heads Arshid Hussain and Shareesh Sharma also took up various issues related to such agreements with the officers of the company which were duly responded.

Continue Reading
Advertisement
Click to comment

Leave a Reply

Your email address will not be published. Required fields are marked *

Transport

J&K Oil Tankers Union demands package, seeks tax rebate for transport sector in Budget 2024

Published

on

Oil Tankers Union

BK News

Jammu, 29: Ahead of Union Budget 2024, the J&K Oil Tankers Union has urged the Union Finance Minister Nirmala Sitharaman to look into the problems faced by transporters across India, especially that belonging to the border and hilly state of Jammu and Kashmir and announce a special package for the transport sector.

 According to a statement issued to Business Kashmir, All Jammu And Kashmir Oil & LPG Tank,  Truck  Drivers & Cleaners Union, one of the focal and prominent elected bodies of transporters in Jammu and Kashmir in its appeal requested the finance minister to address the basic issues of the transporters including reducing road taxes, toll taxes, Penalties, fines, late fees charges, tax on vehicle insurance and also reduce GST on purchase of new transport vehicles.

Oil Tankers AssociationLaying the importance of the contribution of the transporter sector in the nation’s economy, Ranjit Singh Raina, the president of the drivers Union said that the Transport sector is one of the most important sectors of the Indian economy yet it is the most ignored one.

Presenting the demand of the transporter, he called for strict compliance with minimum wage law for drivers, cleaners and transport labourers. In his appeal, he also requested the union government to launch special schemes for the welfare of drivers and cleaners who become permanently disabled in road accidents while performing their duties.

Sardar Harasis Singh, the spokesperson of the union informed that All Jammu and  Kashmir Oil &   LPG Tank, Truck  Drivers & Cleaners Union would submit a detailed memorandum to the Chief Secretary,  J&K  highlighting the sufferings of the drivers and cleaners on the road, especially between Jammu- Srinagar Highway. Pertinent to mention here that Finance Minister  Nirmala Sitharamn will present the Union interim budget on Thursday, Feb 1, 2024.

Continue Reading

Infra

Land acquisition process for NH-444 in Shopian reviewed

Published

on

Land acquisition for NH-444 in Shopian

BK News

Srinagar: Deputy Commissioner Shopian Sachin Kumar Vaishya Tuesday held a meeting to review the land acquisition process for NH-444 within the stipulated time frame in the district. 

The National Highway-444 is an alternate highway to NH-44. It starts at Qazigund in Jammu and Kashmir and ends in Srinagar, passing via district Kulgam, Shopian and Pulwama

The meeting held a detailed review of the present status of the land acquisition process and discussed the steps required for removing the bottlenecks for the timely completion of the process. 

He advised all the concerned officers to complete the land acquisition process for NH-444 in Shopian within a few days. 

Additional Deputy Commissioner, Mushtaq Ahmad Simnani; Assistant commissioner Revenue, Shahbaz Ahmad Bodha; Tehsildar Shopian, LDM, Executive Engineer R&B 1st Division Srinagar, Naib Tehsildars and other concerned officers attended the meeting.

The general public in the twin districts of Shopian and Kulgam have requested the administration for completing the demarcation of the land for the national highway at the earliest, as the ambiguity of road tracts at certain places is creating confusion among them.  

Continue Reading

Editorial

Editorial: Srinagar needs public transport

Published

on

Srinagar needs public transport

‘A developed city is not a place, where the poor have cars, it’s where the rich use public transportation’ 

Anonymous

The traffic situation in the city has turned into a complete mess. The number of vehicles is swelling day by day whereas most of the roads see no expansion, resulting in frequent jams and lots of inconvenience to the general public.

Srinagar, which has been categorised as one of the 53 metropolitans with its population touching about two million people, will be an only city without any functional public transport. The smart city tag, which often the administration adds to Srinagar, looks sham.

Government with tall claims to develop the city on ‘international lines’ and make it as one of the prime tourist locations in the global map is giving little attention to building the road network and proper transportation system, which is considered the nerve centre of any vibrant city. The most important components of a liveable and environmentally sustainable city is a properly designed, efficient and affordable public transport system.

But here whole public transportation system of the city has been left to the beck and call of few transport associations – mostly owning minibuses unfit for ferrying public – who run it on their will, without keeping public convenience in view. Government has handed over complete control of the city’s public transport to those who have no accountability to general public. And even the number of these ‘mini-buses’ is dwindling each year.

Srinagar is the only city, which does not run Road Transport vehicles for the public, except for few electric buses introduced a year or so ago. A huge RTC fleet is staying idle, which could otherwise ease people’s lives and earn some money as well.

There is no Transport Authority, to govern the city traffic, plan for the roads and make policies for public transportation system. Transport and road planning gets marred between more than half a dozen government departments and bodies including traffic police, SMC, Srinagar Development Authority, R&B etc.

There have been a number of studies saying that public transport is more sustainable, occupies less road space and causes less pollution per passenger than personal vehicles. Government has no reason for not running RTC buses on some of the city roads, if not all. A good public transport system will automatically ease out the traffic on roads, as a number of people will prefer cost-effective mass transit instead of their own vehicles.

The transport system of the city needs to be managed by a single agency, which can work on a public-private partnership basis. All the privately owned bus operators, who work under different association banners but are accountable to none, can comply with the agency for having a proper route and timing plan.

City authorities can also benefit from various central schemes, which provides a number of incentives and investment support for building “high capacity public transport systems” in state capitals.

The metro rail project is a good step in the direction of the sustained public transport system for the Srinagar city, but one, it will take many years to become operational as the work is yet to commence. Second, the metro rail network will need to be aided with the well build bus network.

To see lesser traffic jams on Srinagar roads, make the size and number of the buses bigger.

Continue Reading

Trending