Islamic banking in Kashmir: High Court seeks govt response to PIL

News Network
April 1, 2021

The Jammu and Kashmir High Court has granted three more weeks to government authorities to respond to a Public Interest Litigation (PIL) seeking the introduction of Islamic banking in the Union Territory (UT).

A division bench of Chief Justice Pankaj Mithal and Justice Sindhu Sharma Chief while hearing the PIL filed by a non-governmental organisation (NGO) granted three more weeks to the Union Finance Ministry, Reserve Bank of India (RBI) and the UT government to respond to the contents of the PIL.

Advocate Zaffar Shah representing the J&K Bank informed the court that already a response has been filed by the bank with respect to the litigation.

Currently, there are no guidelines for Islamic banking, which is based on the principles of not charging interest.

The PIL filed in 2018 is seeking directions upon the union finance ministry for issuing necessary notification for the introduction of Sharia compliant windows (Islamic banking) as recommended by Deepak Mohanty Committee as well as in the light of a report of the inter-departmental group of the RBI.

The NGO, in its petition, submits that “majority of the citizens in Jammu and Kashmir are Muslims by faith and thus have a constitutional right to enjoy all avenues of development provided the same do not contravene the article of their faith”.

It has also sought direction to J&K Bank to take immediate steps for opening of Shariah compliant windows to accomplish the object of mass-level participation in Shariah banking.

“The J&K Bank Limited be directed to place the entire details of non-performing accounts (NPAs) before this court and the steps taken for recovery of the outstanding amount as the same is public money which cannot be allowed to be misappropriated either by the account holders or by the management of the said bank,” the plea reads.

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April 13,2021

Mangaluru, Apr 13: An Air India flight from Dubai to Mangaluru was diverted and landed at the Cochin International Airport due to bad weather conditions in the coastal Karnataka, Director of Cochin International Airport Limited (CIAL), ACK Nair confirmed on Tuesday. 

The flight with 118 passengers was expected to touch down at Mangaluru International Airport, at 12.30 am on Tuesday April 13. As the climate at Mangaluru was not conducive for its landing, the flight changed its path and landed at Kochi.

The incident follows a day after Kozhikode-bound Air India Express (AIE) flight from Riyadh was diverted and landed at the International Airport here in the wee hours of Sunday after the pilot detected a fault in one of its tyres mid-air, sources said here. Incidentally, the faulty tyre of the AIE IX1322, carrying 180 passengers, burst after its safe landing at the Kochi airport, they said.

The pilot decided to divert the aircraft to Kochi airport, after a tyre issue was noticed, sources said. The decision to land at Kochi airport was taken considering the safety aspect, they said.

While the Kochi international airport is the biggest one in the state, the international airport at Kozhikode is a tabletop one, which has limited space at the ends of the runway. The decision of the pilot to divert the flight to Kochi proved right as its faulty tyre burst immediately after the passengers were safely deboarded following its landing at the airport at 3.16 AM, sources said.

The Air India Express arranged another aircraft in the morning for facilitating the journey of the deboarded passengers to Kozhikode, they said. A Kuwait-bound Air India Express flight had made an emergency landing at the Kozhikode airport last Friday after a fire warning in the cargo compartment.

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News Network
April 14,2021

New Delhi, Apr 14: The government of India today decided to cancel CBSE board exams for Class 10 and postpone Class 12 exams.

"The Board Exams for Class XIIth to be held from May 4th to June, 14th, 2021 are hereby postponed. These exams will be held hereafter. The situation will be reviewed on 1st June 2021 by the Board, and details will be shared subsequently. A notice of at least 15 days will be given before the start of the examinations," tweeted Education Minister Ramesh Pokhriyal Nishank.

The results of Class 10 board exam will be prepared on the basis of an objective criterion to be developed by the board, Pokhriyal added.

Prime Minister Narendra Modi held a meeting with Education Minister Ramesh Pokhriyal, Secretary & other important officials at 12 noon today following which the decision was taken.

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News Network
April 5,2021

desh.jpg

Mumbai, Apr 5: Amid a major controversy and allegations of corruption, Maharashtra Home Minister Anil Deshmukh has resigned in the wake of the Bombay High Court order instituting a CBI probe against him following allegations made by former Mumbai Police chief Param Bir Singh.

Deshmukh called on NCP supremo Sharad Pawar and held discussions. Deputy chief minister Ajit Pawar too met Pawar Senior.

NCP spokesperson Nawab Malik said that Deshmukh is on his way to meet Maharashtra Chief Minister Uddhav Thackeray and formally hand over his resignation.

Earlier, Param Bir Singh had alleged that Deshmukh fixed a Rs 100-crore collection target for suspended assistant police inspector Sachin Vaze.

Deshmukh (70), a senior politician from Vidarbha, is a loyalist of NCP supremo Sharad Pawar and a confidante of party’s general secretary Praful Patel.

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