Srinagar, Nov 24 (UNI) Calling for immediate rollback of the decision taken by State Administrative Council to turn the J&K Bank Ltd into a Public Sector Bank (PSB), Peoples Democratic Party (PDP) president Mehbooba Mufti on Saturday alleged that the Governor administration was taking such decisions, which smacks of 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,” Ms Mehbooba, who is the former chief minister of the state, said.
The PDP president alleged that the there were assaults on multiple fronts being launched against Jammu and Kashmir’s special status and the Governor administration was taking away autonomy of institutions that J&K enjoyed. “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,” she said.