Article

LoC traders under finance ministry probe

Written by Pranab Bhandari

Topic: JournalingPublished May 13, 2019
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Summary: The finance ministry has started an investigation in opposition to businesses connected in job across the LoC-Line of Control in Jammu and Kashmir beneath the GST Act and has asked for particulars from the state government regarding the goods sent and obtained since the year 2017.  rnThe details about businesses engaged in trade across the Line of Control were sought in March about top ten traders, following which the Union home ministry postponed the trade till strict measures are taken to keep an eye on the trade. The strict measures include setting up of complete-body truck scanners, which bureaucrats said might take quite a few months.  rnAs per the order of finance ministry, features were sought beneath Section 70 of the CGST Act by April 15. Traders of both Salamabad of Chakan Da Bagh and Uri in Poonch are under the scanner. The home ministry broadcasted the delay of cross-LoC trade on Thursday saying the route was being misused on a huge scale. Officials said that trading of items such as mangoes, red chili, dry fruits, and herbs will be hit following the indistinct suspension of cross-LoC trade. Around 280 traders who were involved directly in the trading will be having an effect after the suspension of the business. Traders said that they were with the government on making it an infallible trade and that they also wanted to be treated as distinguished businessmen instead of a group of people involved in some doubtful activity.  rnCross-LoC barter trade has had an unstable journey since its beginning, however, it is still considered to be the largest confidence-building measure among India and Pakistan. It has frequently been postponed in the get up of political nervousness among the two countries. The NIA or National Investigation Agency has investigated some of the traders for their alleged involvement in illegal money exchange and narcotics.  ETV Bharat News, a section of Ushodaya Enterprises Pvt. Ltd. is an extensive national digital news platform meant to deliver flawless information services and news, using video-centric Web Portals and Mobile App. It is a distinctive channel in India in regards to depth and diversity, devoted journalists network, reach of twenty-four states with services in thirteen languages such as Urdu, Hindi, Telugu, Kannada, Tamil, Gujarati, Malayalam, Bengali, Marathi, Punjabi, English, Odia and Assamese.  Also, the multilingual news portal is the most recent plan of the renowned Ramoji Group. For instance, ETV Business News, focusing on the news feeds from the business field including share market, national and international economies, corporates and more. The Group’s extremely successful media endeavors comprise Eenadu which is one of the mostly circulated language dailies in the country, and ETV Network with Telugu news, infotainment, and general entertainment. With a strong ancestry of the most trustworthy media house, ETV Bharat would draw on its strengths of decades’ long innovation and experience.  ETV Bharat airs ETV News Live Today which talks about the current news and updates. In addition, there is ETV Breaking News as well which primarily revolves around the latest news and information. Apart from this, there is ETV Latest News and ETV Newstime where one can watch exclusive news for non-stop 5 minutes. ETV Bharat is the only news portal which displays hyperlocal news from metro to small city and villages in the form of videos, audio. Images and text.

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About the Author

Pranab Bhandari is working in one of India's fast-growing news network(ETV Bharat) as a content marketing manager. He has expertise in writing about arts and entertainment.

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