Governor directs for urgent completion of verification of traders engaged in LOC trade within one month

Srinagar: Governor N.N Vohra has directed police and industries department to urgently undertake complete verification of all traders engaged trade through Line of Control (LOC) within one month.

While chairing a high level meeting to review issues relating to LoC trade, Governor directed the Director General of Police (DGP) Principal Secretary Industries that those traders who do not furnish the required documents or have doubtful antecedents should be de-registered without delay.

He further directed that the roster System should be made on-line and made public on the first day of every month; CCTVs should be installed at both the Trading Centres within 60 days.

Principal Secretary, Industries and Commerce made a presentation on the framework and procedures of LoC Trade; the approved list of tradeable goods; process flow of the trade; timeframe for installation of Full Truck Body Scanners; valuation mechanism and role of different Central and State Agencies.

The meeting was also attended by advisors to Vohra B.B. Vyas and Vijay Kumar, B.V.R. Subrahmanyam, Chief Secretary, Umang Narula, Principal Secretary to Governor; R.K. Goyal, Principal Secretary, Home; Shri Shailendra Kumar, Principal Secretary, Industries and Commerce Department; Shri A.G. Mir, ADGP, CID.

Governor directed Chief Secretary to ensure that amendments are made in  the required Standard Operating Procedures to ensure that no trader can transfer his turn to another trader.

“Further, Principal Secretary Industry shall take urgent action to ensure that no Registered Trader has other persons/ family members/ firms unlawfully involved in the trade,” governor said.

Governor directed Principal Secretary Industries and Commerce Department to commence immediate steps to computerize records of the Trade and ensure that the traders compulsorily reconcile  accounts with their counter-parties every three  months.

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