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Strong India-Japan friendship augurs well for entire planet: PM Modi after meeting Yoshihide Suga

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Terming Japan as one of India’s most valued partners, Prime Minister Narendra Modi on Thursday said that he had an excellent meeting with his Japanese counterpart Yoshihide Suga on a variety of subjects that would further boost cooperation between the two nations.
PM Modi, who is on a three-day visit to the US, said a strong India-Japan friendship augurs well for the entire planet.
“Japan is one of India’s most valued partners. I had an excellent meeting with PM Yoshihide Suga on a variety of subjects that would further boost cooperation between our nations. A strong India-Japan friendship augurs well for the entire planet,” PM Modi tweeted.
PM Modi and his Japanese counterpart Yoshihide Suga had a “fruitful” meeting in Washington wherein they discussed several issues including ways to give further impetus to trade and cultural ties.
“Furthering friendship with Japan. Prime Ministers @narendramodi and @sugawitter had a fruitful meeting in Washington DC. Both leaders held discussions on several issues including ways to give further impetus to trade and cultural ties,” the Prime Minister’s Office (PMO) tweeted.
This was also PM Modi’s first in-person meeting with Suga after the latter took over the reins from Shinzo Abe in September last year.
The bilateral meeting comes a day ahead of the first in-person summit of the Quad, quadrilateral cooperation between Australia, India, Japan, and the United States.
In April this year, PM Modi held a telephonic conversation with Suga and discussed cooperation in diverse areas including high technology, skill development and combating the COVID-19 pandemic together.
Besides PM Modi, Japanese PM Suga and Scott Morrison of Australia Prime Minister will also participate in the summit hosted by the US President on September 24.
The leaders will review progress made since their first virtual summit on March 12, 2021, and discuss regional issues of shared interests, the Ministry of External Affairs (MEA) had said in a statement on September 14.

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AC Approves Creation of 4 new Courts of Additional District & Sessions Judge

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The Administrative Council (AC), which met here under the chairmanship of the Lieutenant Governor, Manoj Sinha, accorded approval for the creation of four courts of Additional District & Sessions Judges at district headquarters- one each in District Samba, Bandipora, Ganderbal and Poonch.

Farooq Khan and Rajeev Rai Bhatnagar, Advisors to the Lieutenant Governor, Dr Arun Kumar Mehta, Chief Secretary, J&K and Nitishwar Kumar, Principal Secretary to the Lieutenant Governor, attended the meeting.

The Administrative Council also approved the creation of 40 new posts of different categories (10 each) at the new court complexes in the four selected districts with a financial implication of Rs. 258.245 lacs (salary) and Rs 21.657 lacs (NPS) per financial year.

The gradual increase in the population of Jammu and Kashmir has substantially enhanced the judicial workload, which has necessitated the opening of new court complexes to cater to the increased public demand.

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J&K Rolls Out Aspirational Blocks Development Programme

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For intensive and focussed development of the 44 most backward blocks of the Union territory, the Administrative Council (AC), which met here under the chairmanship of Lieutenant Governor, Manoj Sinha, approved the rollout of the prestigious ”Aspirational Blocks Development Programme”.

Farooq Khan and Rajeev Rai Bhatnagar, Advisors to the Lieutenant Governor, Dr Arun Kumar Mehta, Chief Secretary, J&K and Nitishwar Kumar, Principal Secretary to the Lieutenant Governor, attended the meeting.

The blocks identified under the Aspirational Blocks Development Programme are the most backward blocks of the UT of Jammu and Kashmir, requiring particular focus to par with other blocks. In addition, the programme aims to improve development in terms of various socio-economic parameters like education, health and wellbeing, and overall living conditions of the people.

These Aspirational Blocks shall be developed by converging various ongoing UT schemes/programmes and centrally sponsored schemes/ programmes. The District Development Commissioners will be tasked with preparing a suitable development plan. In contrast, the Planning Development and Monitoring Department will constantly monitor the district-wise progress of these blocks through a digital portal.

Under the programme, the resources will be delineated across various development sectors – poverty, health & nutrition, education, and basic infrastructure, at the district level. Additionally, an amount of Rs. 1.00 crore will be provided to each block after fulfilment of defined criteria.

The best practices implemented in the development of Aspirational Blocks will be acknowledged and duly replicated in other blocks to ensure the Union territory’s inclusive and equitable socio-economic development.

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RBI Approves Baldev Prakash As Jammu And Kashmir Bank CEO

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The Reserve Bank of India (RBI) on Wednesday approved the candidature of Baldev Prakash as Managing Director and Chief Executive Officer of Jammu and Kashmir Bank for three years; the Bank said in a note to exchanges on October 27.

The appointment is effective from the date of taking charge or April 10, 2022, whichever is earlier, the Bank said.

The Bank said that the appointment of Baldev Prakash as MD & CEO by the Bank of the Bank and the actual date of his taking charge should be communicated separately.

Previously, Baldev Prakash was working with the State Bank of India in various capacities, including as Chief General Manager responsible for framing bank-level policy and strategy for developing and providing digital and transaction banking services to all Bank corporate clients.

Besides this, Prakash has worked for over four years at Muscat (Sultanate of Oman), responsible for handling remittances business including treasury operations successfully, the Bank said.

In September this year, J&K Bank, in an exchange notification, said the board has approved fundraise up to Rs 2,000 crore subject to shareholders’ approval. The fundraiser will be a mix of debt and equity, the Bank said.

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