SRINAGAR – Hurriyat leaders and Kashmiris slammed BJP led government for putting IIOJK up for sale as a real estate summit was organized to encourage outsiders to buy land in the 'caged valley'.
Oppressed residents termed the Modi government’s move as a land grab to dilute the Muslim-majority character of the region, whose partial autonomy was scrapped in an illegal move in August 2019.
The Hindu nationalist government has also enacted a series of new laws and changed the existing one which allows non-Kashmiri residents to buy land in occupied Kashmir.
Recently, BJP and state administration held a real estate summit in the region to accelerate investment. Around 39 MoUs were signed at the Real Estate Summit 2021, in which around half of the agreements were related to the residential sector, eight were for commercial projects and four were for hospitality.
The Govt signed 39 MoUs worth Rs 18,300 cr for investments in residential, commercial, infrastructure and film sectors to foster the growth & development at first-ever ‘Real Estate Summit, 2021'.— Office of LG J&K (@OfficeOfLGJandK) December 27, 2021
Watch full address here:https://t.co/uMtTlcUvSn pic.twitter.com/5EMpqf9Tkw
Despite all the measures by incumbent authorities, land sales in the region are not picking up the pace. India’s minister of state for home affairs revealed that only seven plots of land have been purchased in the region by non-residents since laws were amended.
Former CM and active Kashmiri leader Mehbooba Mufti has termed the real estate summit as ‘brazen loot’ aimed at annihilating the identity of Kashmir.
“J&Ks special status was illegally revoked to dehumanise, dispossess & disempower the only Muslim majority state in India. GOIs brazen loot and sale of our resources shows that the sole motive is to annihilate our identity and change the demography,” she wrote in a recent tweet.
J&Ks special status was illegally revoked to dehumanise, dispossess & disempower the only muslim majority state in India.GOIs brazen loot & sale of our resources shows that the sole motive is to annihilate our identity & change the demography. https://t.co/MhYXEEWixY— Mehbooba Mufti (@MehboobaMufti) December 27, 2021
Omar Abdullah also lambasted authorities saying ‘once again the true intentions of the government are brought to the fore. While offering to secure the land, jobs, domicile laws and identity of the people of Ladakh, J&K is being put up for sale. People of Jammu should beware, ‘investors’ will buy up land in Jammu long before Kashmir.
Pakistani rupee remained stable against the US dollar, and other currencies in the open market on Friday.
On Friday, the US dollar remained stable and was being quoted at 283.2 for buying and 286.15 for selling.
Euro comes down to 308 for buying and 311 for selling. British Pound rate dropped to 358.5 for buying, and 362 for selling.
UAE Dirham AED witnessed slight drop and new rate stands at 77.4 whereas the Saudi Riyal remained stable at 76.
Source: Forex Association of Pakistan. (last update 09:00 AM)
|UK Pound Sterling||GBP||358.5||362|
|Hong Kong Dollar||HKD||36.41||36.71|
|New Zealand Dollar||NZD||174.54||176.54|
Gold price in Pakistan increased as the yellow metal witnessed an upward trend in the international market.
On Friday, the price of a single tola of 24-karat gold stands at Rs217,400 and 10 grams of 24k gold costs Rs186,390.
Single tola of 22 Karat Gold costs Rs199,282, 21 karat rate for per tola is Rs190,225 and 18k gold rate is Rs163,050 each tola.
In the global market, gold prices hover at around $2026, gaining $8.30 on Friday.
Today Gold Price in Pakistan (8 December 2023)
|Lahore||PKR 217,400||PKR 2,583|
|Karachi||PKR 217,400||PKR 2,583|
|Islamabad||PKR 217,400||PKR 2,583|
|Peshawar||PKR 217,400||PKR 2,583|
|Quetta||PKR 217,400||PKR 2,583|
|Sialkot||PKR 217,400||PKR 2,583|
|Attock||PKR 217,400||PKR 2,583|
|Gujranwala||PKR 217,400||PKR 2,583|
|Jehlum||PKR 217,400||PKR 2,583|
|Multan||PKR 217,400||PKR 2,583|
|Bahawalpur||PKR 217,400||PKR 2,583|
|Gujrat||PKR 217,400||PKR 2,583|
|Nawabshah||PKR 217,400||PKR 2,583|
|Chakwal||PKR 217,400||PKR 2,583|
|Hyderabad||PKR 217,400||PKR 2,583|
|Nowshehra||PKR 217,400||PKR 2,583|
|Sargodha||PKR 217,400||PKR 2,583|
|Faisalabad||PKR 217,400||PKR 2,583|
|Mirpur||PKR 217,400||PKR 2,583|