ZT News Network
Srinagar, Nov 30: New Delhi has waged a war on Kashmir not only through the barrel of gun but also through economic suppression, the newly-formed platform of civil society organisations with interest in social and economic matters, namely Jammu and Kashmir Socio Economic Coordination Committee (JKSECC) said on Thursday.
The JKSECC, comprising civil society groups and business chambers and associations, said the State Administrative Council’s decision to convert J&K Bank into a Public Sector Undertaking was a “larger conspiracy to take over the control of the financial institution and make the people of the state economically dependent”.
Convener JKSECC Prof Hameeda Nayeem told reporters at a press conference: “All routes of economic prosperity are being closed and they are forcing our dependence on their alms.”
“Making J&K Bank a PSU is a ploy to make us financially dependent. It is part of a larger conspiracy. We have witnessed how our horticulture sector is facing an onslaught. It is all being done under a well thought out conspiracy,” she said.