Roll back SAC decision that changed JK Bank into Public Sector Bank: Mehbooba tells Guv

Srinagar: Calling for the immediate rollback of the decision taken by State Administrative Council to turn the J&K Bank Ltd into a public-sector bank, former Chief Minister and President Peoples Democratic Party (PDP) Mehbooba Mufti has said that the Governor administration is taking such decisions which smack off attempts to fiddle with the basic characters of the state’s special status.
The State Administrative Council chaired by Governor Satya Pal Malik on Friday decided to turn the J&K Bank Ltd into a public-sector bank, taking its autonomy away.
The PDP President said that the there are assaults on multiple fronts being launched against Jammu and Kashmir’s special status and the Governor administration is taking away autonomy of institutions that J&K enjoyed. She added that the J&K Bank is part of this game plan and this was the reason PDP came together with NC and Congress to form a government and prevent such interventions.
Mehbooba said the Governor Rule in the state is not a permanent arrangement and the administration must concentrate on day to day functioning of the state and desist from taking decisions of far reaching consequences.”Such actions raise apprehensions among the people of the state who already feel alienated and angry and to thwart such attempts, PDP decided to stake claim for the government formation but that was too was undemocratically foiled by the Governor,”Mehboba said while asking Governor Satya Pal Malik to review his decisions and roll them back at an earliest.
The PDP President added that it is not for a set of bureaucrats and civil servants to take decisions of far reaching consequences in the state. “These things have to be left to democratically elected government in Jammu and Kashmir. The Governor is not mandated by the people of the state to take such decisions,” Mehbooba said.