Current Affairs PDF

J&K Bank Signs MoU with Ladakh Administration; J&K Approves Rehabilitation Policy for CiSS

AffairsCloud YouTube Channel - Click Here

AffairsCloud APP Click Here

J&K Bank signs MoU with Ladakh Administration

On 20th December 2022, Jammu and Kashmir (J&K) Bank signed a Memorandum of Understanding (MoU) with the Administration of Ladakh Union Territory (UT), conferring preferential status to each other.

  • Under this MoU, the Administration of Ladakh UT will nominate J&K Bank as the ‘preferred banker’ for all its banking-related services, while as, J&K Bank would give the ‘most favoured client’ status to Ladakh UT Administration and its active permanent employees who maintain a salary account with J&K Bank.

Key highlights:

i.Lieutenant Governor (LG) Ladakh (UT) R K Mathur also handed over the keys of the e-rickshaws provided by J&K Bank to the University of Ladakh, as the bank has committed to provide support to 50 tuberculosis (TB) patients from Kargil as part of their Corporate Social Responsibility (CSR) activities.

ii.LG also announced to launch ‘public participatory programmes’ across Ladakh wherein the UT administration in collaboration with councils and panchayats will work with the Bank to identify the beneficiaries on a large scale for availing loans from the bank under different employment generation schemes

J&K Approves Rehabilitation Policy for Children in Street Situation

On 20th December 2022 the Jammu & Kashmir (J&K) Administrative Council, under the chairmanship of Manoj Sinha, Lieutenant Governor (LG) of J&K, approved the Rehabilitation Policy for Children in Street Situation (CiSS) in order to safeguard them from different hazards.

Key highlights:

i.According to the Juvenile Justice Act, CiSS falls under the category of “children in need of care and protection”, which also empowers the government to frame a policy for the rehabilitation of those children in distress.

  • Earlier the Social Welfare Department through MD, ICPS (now Mission Vatsalya) took efforts to identify CiSS and until now, around 687 such children have been identified.

ii.The departments of Health, School Education, H&UDD, RDD, Home, Labour and Employment have been assigned to specific roles and responsibilities for ensuring proper implementation of the policy.


i.The policy implementation will be reviewed by a committee headed by the Chief Secretary in the UT.

ii.The Social welfare Department will be responsible for the regular monitoring of the implementation of the policy to protect and safeguard the future of all such children in J&K.

Recent related news:

In October 2022 Union Home Minister Amit Shah announced Scheduled Tribe (ST) status for the Pahari community in Jammu and Kashmir (J&K) at a rally in Rajouri, J&K.

About Jammu & Kashmir (J&K):

Lieutenant Governor (LG) – Manoj Sinha
Wildlife Sanctuary – Ramnagar Wildlife Sanctuary, Rajparian Wildlife Sanctuary
Airport – Srinagar International Airport (Sheikh ul-Alam International Airport), Jammu airport Satwari Airport