GK NEWS NETWORK
Srinagar, May 28: Chief Minister Omar Abdullah Saturday urged the private players in trade, commerce and industry to play important role in J&K. “We are confronting huge crisis of unemployment and government alone cannot absorb all jobless persons,” he said underlining the need for the private sector to expand in the State.
 The Chief Minister appreciated the HDFC Bank for “continuing its functioning in the Valley during the period of disturbances last year.”
  “When so many companies shut their units during the five months unrest in the Valley, you exhibited the spirit of being true friends of the people by working in challenging circumstances”, he told the HDFC staff while inaugurating 18th branch of the Bank at Behama, Ganderbal this morning.
 Omar said that private players in the field of Industry and Commerce have to play vital role in providing jobs to the educated youth and complimenting the State Governments efforts to address employment crises in an effective manner.
  “Creation of jobs for youth is our main concern”, he said adding that while Government jobs are being created wherever possible, but the problem cannot be resolved by the Government alone. “We have to work in coordination to create avenues and opportunities for unemployed educated persons”, he added.
 Omar expressed the hope that HDFC Bank will extend its operational field in the State and provide best service to the people. He said that at the end of the day the number of branches existing in a particular area is not counted, but the quality of service and response to the public needs is regarded. “You have to earn place in the hearts of the people and that is your real success”, he told the Bank authorities.
 Omar asked the Bank to be prompt on delivery of service to the people particularly on credit front. “Generally we observe that Banks concentrate on increasing the deposit accounts but are miser in advancing loans and credits to the people”, he said this trend needs to be corrected.

Lastupdate on : Sat, 28 May 2011 21:30:00 Makkah time
Lastupdate on : Sat, 28 May 2011 18:30:00 GMT
Lastupdate on : Sun, 29 May 2011 00:00:00 IST