Jammu, Mar 9: Leader of the PDP Legislature Party, Mehbooba Mufti, has moved two amendments in the Bill introduced in the Assembly to amend Transfer of Property Act in the State.
Minister for Revenue, Relief and Rehabilitation Raman Bhalla had introduced a Bill on March 1 to amend the Transfer of Property Act, Samvat 1977 (L.A Bill No. 1 of 2012) in the Legislative Assembly. Mehbooba Mufti has submitted her amendments to the Assembly Secretariat.
While moving her first amendment, Mehbooba Mufti stated that instead of 90 years, the lease period should be 35 years.
In her second amendment, PDP Legislature Party leader pointed out that Jammu and Kashmir Chenab Valley Power Projects Private Limited is a joint venture company of NHPC Limited, Jammu and Kashmir State Power Development Corporation (JKSPDC) and PTC (India) Limited for execution of three hydro electric projects namely Pakaldul, Kiro and Kawar on the Chenab basin. She demanded that instead of giving land to NHPC, the land on lease should be given to the JKSPDC which is a company of the government of Jammu and Kashmir.
PDP chief observed that on the one hand State Government has been claiming to take back hydro electric projects from the NHPC but on the other hand government was again indulging in surrendering natural resources of the State.
“Just to enjoy power, the National Conference has bartered natural resources of the State by signing unfair agreements with the NHPC”, she said and added that no state in the country would barter its resources in such a reckless manner as was done by the NC governments by handing over seven power projects to NHPC under arbitrary agreements. She said that Bill moved by the Government in the Assembly was another step towards surrendering natural resources of the State.

Lastupdate on : Fri, 9 Mar 2012 21:30:00 Makkah time
Lastupdate on : Fri, 9 Mar 2012 18:30:00 GMT
Lastupdate on : Sat, 10 Mar 2012 00:00:00 IST