KTMF-Kashmir Traders and Manufacturers Federation

20/05/2026

KTMF extends full support to J&K Chemists & Druggists Association over nationwide bandh against E-Pharmacy policy.

Srinagar, May 20: Kashmir Traders & Manufacturers Federation (KTMF) has extended its complete support and solidarity to the J&K Chemists & Druggists Association (JKCDA) an important constituent body of KTMF in connection with the nationwide bandh being observed by the pharmacy trade across the country against the continuation and expansion of the E-Pharmacy system.

The bandh call has been given by the parent body, the All India Organisation of Chemists and Druggists, expressing serious concern over the unchecked functioning of online pharmacies and the adverse impact they are having on the traditional pharmacy sector and public health safeguards.

In a statement issued, KTMF President Mohammad Yaseen Khan said that the arrangement allowing online sale of medicines was introduced as a temporary measure during the COVID period under extraordinary circumstances. However despite the return to normalcy the continuation of such a system without adequate regulation has created serious concerns among stakeholders across the country.

Khan noted that while conventional pharmacies operate under strict regulatory mechanisms and licensing frameworks, online platforms continue to function in a manner that raises serious questions regarding accountability and monitoring. KTMF expressed concern that while offline pharmacy trade remains strictly regulated and subject to routine checks and legal accountability the online sale mechanism continues to operate with regulatory loopholes that require urgent intervention.

KTMF further stated that one of the gravest concerns pertains to the alleged misuse of online platforms for access to narcotic and habit-forming drugs. The Federation said that drug abuse has unfortunately emerged as a major social challenge across the country and particularly in Kashmir, where families and society continue to suffer from the growing menace of substance abuse. Any loophole that may facilitate easier access to such medicines or controlled substances through online channels becomes a matter of serious public concern and cannot be ignored.

Khan said that concerns have repeatedly been raised by trade bodies over the possibility of sensitive and regulated medicines reaching consumers through online mechanisms without adequate scrutiny. KTMF emphasized that stronger oversight and strict safeguards are necessary to prevent misuse and ensure public safety.

KTMF further observed that the growing influence of large corporate entities and deep discount practices in the online pharmacy sector has created an uneven playing field, severely affecting small and medium pharmacy establishments that have been serving local communities for decades.

Khan also stated that the concerns being raised by pharmacy traders are not merely business issues but also involve larger questions relating to public health, regulation, accountability and fair trade practices. He said JKCDA has been a vital and important constituent of KTMF and the Federation stands firmly with the Association in its legitimate demands.

KTMF demanded that the Government review and withdraw the existing order permitting unrestricted online sale of medicines and formulate a comprehensive and transparent regulatory framework after taking all stakeholders into confidence.

KTMF appealed to the authorities to address the concerns of the pharmacy sector with urgency and seriousness and ensure that the interests of local traders, consumer safety and regulatory safeguards are protected. KTMF reaffirmed its complete support to JKCDA and all pharmacy traders observing the nationwide bandh and said the concerns of the pharmacy community deserve immediate attention in the larger interest of society.

20/05/2026

17/05/2026

Office of Chief Minister, J&K Jammu and Kashmir Bank Ltd

16/05/2026

Major boost to artisan community as Kashmir Copper Workers Trade Union affiliates with KTMF.

Srinagar,16th May: In a significant development aimed at strengthening the collective voice of traditional artisans and workers of Kashmir the Kashmir Copper Workers Trade Union, representing approximately 15,000 artisans and workers formally affiliated with the Kashmir Traders & Manufacturers Federation (KTMF) during a ceremony held today at the historic office of the Kashmir Copper Workers Trade Union at Kadi Kadal, Srinagar.

On the occasion Chairman Kashmir Copper Workers Trade Union Jan Mohammad Misgar and President Mohammad Arshid Ahmad Khan and were felicitated by KTMF President Mohammad Yaseen Khan in recognition of their efforts and commitment towards preserving and promoting the interests of Kashmir’s traditional copper workers and artisans. The ceremony was attended by the Working Body of the Kashmir Copper Workers Trade Union, besides senior KTMF members including Qazi Tauseef, Bashir Ahmad Rather, Peer Intikhab Alam, Abdul Majeed Khan, Shabir Ahmad Naqash, Javaid Iqbal Bujja and Nisar Ahmad Shahdar who were present on the occasion.

Addressing the gathering Jan Mohammad Misgar Chairman of Kashmir Copper Workers Trade Union highlighted the serious challenges confronting the traditional copper industry in Kashmir. He stated that thousands of artisans associated with this historic craft are facing immense difficulties due to the growing influx of machine made products which have severely affected the livelihood of local copper workers and damaged the sustainability of traditional craftsmanship. He expressed concern that generations old artisan skills are increasingly under threat as handmade copper products struggle to compete with mass produced alternatives flooding the market. He emphasised the urgent need for institutional support, policy intervention and collective efforts to protect the interests of workers dependent on this sector.

Senior KTMF leader Bashir Ahmad Rather addressed the gathering and elaborated on the role, ambit and importance of KTMF as the apex trade organization of Jammu & Kashmir. He stated that KTMF has historically played a crucial role in raising issues concerning traders, manufacturers, artisans and various sections of society and has consistently acted as a united platform representing collective concerns before the authorities. He said the inclusion of Kashmir Copper Workers Trade Union into the KTMF family would further strengthen the organization and provide an institutional platform to thousands of artisans associated with the trade.

Speaking on the occasion KTMF President Mohammad Yaseen Khan warmly welcomed the Kashmir Copper Workers Trade Union into KTMF and assured the members of full support and cooperation in addressing their grievances and concerns. Mohammad Yaseen Khan stated that Kashmir’s traditional copper craft is not merely a business activity but forms an important part of the Valley’s rich cultural and historical heritage which must be preserved and protected. He assured the artisans that KTMF would strongly take up their issues with concerned authorities and make every possible effort to safeguard the interests of copper workers and traditional craftsmen. He further said that KTMF remains committed to standing shoulder to shoulder with every trader, manufacturer, artisan and worker and would continue to work towards strengthening traditional industries and protecting livelihoods.

The participants expressed hope that this affiliation would open a new chapter for the welfare and upliftment of copper workers and provide them with a stronger collective platform to voice their concerns and seek solutions to longstanding issues.

15/05/2026

KTMF calls on top management Jammu and Kashmir Bank Ltd; strongly flag growing disconnect between J&K Bank and business community, seeks immediate policy reforms.

Srinagar, May 14: In a high level and candid interaction with senior management of J&K Bank, Kashmir Traders and Manufacturers Federation (KTMF) led by its President Mohammad Yaseen Khan strongly raised a series of long pending issues affecting the business community and expressed serious concern over what it described as an increasing disconnect between the bank and its customers.

During the meeting, President KTMF Mohammad Yaseen Khan stated that J&K Bank was historically seen as the bank of the people and the backbone of local trade and enterprise, but an increasing number of customers now feel alienated by certain policies and practices. He said there is a growing perception among traders that instead of nurturing and supporting its longstanding customer base, the institution is gradually becoming distant from the realities and challenges faced by the business community. Khan stated that the concerns being raised by KTMF are not isolated grievances but represent widespread sentiment among traders and business stakeholders across Jammu & Kashmir. He emphasized that businesses which have remained associated with the bank for decades now feel the need for greater understanding, flexibility and support rather than rigid approaches.

Khan also expressed serious concern over comparatively higher rates of interest on business loan accounts being charged by J&K Bank when compared with various nationalized and private banks. He said traders find themselves at a competitive disadvantage and questioned why local businesses should continue to bear a heavier financial burden despite remaining loyal customers for years.

The delegation strongly demanded the introduction of a general rider-free One Time Settlement (OTS) mechanism and stated that businesses passing through financial stress should be facilitated through practical and realistic solutions rather than procedural hurdles.

Raising another issue of concern, Khan highlighted the growing complaints regarding settlement of insurance claims under policies associated with IFFCO Tokio General Insurance. He stated that KTMF has received repeated feedback from policyholders alleging prolonged delays, unnecessary procedural obstacles and avoidable harassment despite having genuine claims. Khan said that since J&K Bank has an institutional association with the company through an MoU, the bank cannot remain indifferent to difficulties faced by customers who availed such services through the banking ecosystem. He urged the management to actively intervene and establish stronger accountability and coordination mechanisms so that customers are not left struggling after purchasing policies.

Speaking strongly on recovery-related practices, Mohammad Yaseen Khan said KTMF is not opposed to lawful recovery procedures and recognizes the rights of financial institutions to recover dues. However, he cautioned that the practice of public naming and shaming of borrowers causes reputational damage and creates unnecessary humiliation. He said economic stress should not be converted into social punishment and borrowers should be treated with dignity.He further raised concerns regarding commitment charges imposed on sanctioned but unutilized funds, saying such charges add financial burden on businesses already operating under challenging economic conditions.

KTMF also sought enhancement and easier availability of overdraft facilities for premium and longstanding customers, improved access to top management for prompt grievance resolution, strengthening of staff in high-volume branches and simplification of loan processing and renewal systems. Delegation also proposed the constitution of a Trade Consultation Board consisting of representatives from the business community to hold structured quarterly interactions with the bank management. He said policies affecting trade should not be framed in isolation and that a regular consultative mechanism is necessary to bridge communication gaps and prevent avoidable issues.

Khan stated that trade and banking are interdependent pillars of the economy and that policies disconnected from ground realities can adversely impact business confidence. He emphasized that the business community expects responsiveness and practical solutions and hopes J&K Bank will take the concerns raised in the meeting seriously and initiate meaningful corrective measures.

Responding to the concerns raised by KTMF, Ashutosh Sareen, Chief General Manager Integrated Credits & Markets, responded positively and assured the delegation that J&K Bank values its relationship with the business community and recognizes its vital role in the economic landscape of Jammu & Kashmir. He stated that the concerns and suggestions raised by KTMF were important and reflective of genuine ground realities.

Mr Sareen emphasized that J&K Bank remains committed to strengthening its relationship with the people and business community of Jammu & Kashmir and assured the delegation that the institution is actively working towards improving customer engagement, enhancing service delivery and building greater trust and confidence. He further stated that the bank is looking at introducing major policy improvements and progressive changes aimed at creating a more business-friendly environment and ensuring stronger and healthier relations with customers across the region. He assured the KTMF delegation that the issues highlighted during the meeting would receive serious consideration at appropriate levels and reiterated that the bank believes in maintaining an open and constructive dialogue with trade bodies and stakeholders.

The meeting was attended on behalf of J&K Bank by Ashutosh Sareen Chief General Manager Integrated Credits & Markets, Arshad Qadri (Divisional Head Kashmir), Sheikh Mohammad Muzaffar (Zonal Head Srinagar), Layek Ahmad Jan (Zonal Head Budgam), Tanveer Ahmad (Zonal Head Baramulla), Khavar Mehraj (Zonal Head Anantnag), Nasir John Tak (Zonal Head Pulwama), Syed Tasadduq Madni (Cluster Head Srinagar-I), Zahoor Qanangoo (Cluster Head Srinagar-II) & Ms. Subuhi Yaseen (Cluster Head Srinagar-III).

Besides Khan, KTMF delegation included Bashir Ahmad Rather Senior member KTMF & (President Goldsmith Association Kashmir), Qazi Tauseef (Chief Spokesperson KTMF), Fayaz Ahmad Ahangar (Senior member KTMF), Rouf Reshi (General Secretary Pulwama Traders Federation), Reyaz Ahmad Bhat (Representative Anantnag Traders Federation), Ali Mohammad Hajam (President Bandipora Traders Federation) and Mohammad Usman Turray (Representative Shopian Traders Federation).

14/05/2026

05/05/2026

Office of Chief Minister, J&K , Bank of Baroda , Jammu and Kashmir Bank Ltd

04/05/2026

KTMF–Bank of Baroda joint delegation meets CM Omar Abdullah, charts roadmap for banking expansion and trade growth in J&K.

Srinagar, May 4: A joint delegation of the Kashmir Traders and Manufacturers Federation (KTMF) and Bank of Baroda called on the Hon’ble Chief Minister of Jammu & Kashmir, Omar Abdullah, to deliberate on strengthening banking outreach and supporting economic growth in the Union Territory.

The Bank of Baroda delegation was led by Ms. Beena Vaheed, Executive Director, Ms. K.V. Sheetal Chief General Manager, Mr. Sabheak Singh General Manager and Mr. Santosh Kumar Assistant General Manager. The KTMF delegation was led by its President Mohammad Yaseen Khan and comprised prominent members including Qazi Tauseef and Vishal Malhotra.

During the meeting Bank of Baroda presented its roadmap for expansion in Jammu & Kashmir, highlighting plans to enhance branch presence, improve credit flow to key sectors and introduce customer-friendly banking services tailored to local business needs. The delegation emphasized the bank’s commitment to supporting entrepreneurs, traders, artisans and small and medium enterprises across the region.

KTMF delegation underscored the pressing need for accessible and responsive banking services for the trading community. Key issues concerning ease of credit, support for genuine borrowers and strengthening financial inclusion were discussed in detail. KTMF also highlighted the importance of a proactive banking approach in addressing the challenges faced by local businesses.

The Hon’ble Chief Minister appreciated the joint initiative of KTMF and Bank of Baroda terming it a constructive step towards aligning financial institutions with grassroots economic stakeholders. He assured full support from the government for the bank’s expansion plans and emphasized the need for a robust banking network to facilitate sustainable economic development in Jammu & Kashmir.

On the occasion KTMF extended full business support and cooperation to Bank of Baroda, assuring that the trading community would actively engage with and benefit from the bank’s initiatives. The Bank of Baroda delegation expressed gratitude to the Chief Minister for his encouragement and to KTMF for its continued support and partnership.

Office of Chief Minister, J&K Bank of Baroda Jammu and Kashmir Bank Ltd

04/05/2026

Office of LG, J&K Information & PR, J&K Deputy Commissioner Srinagar

03/05/2026

KTMF participated in 2026 on invitation of Divisional Administration. Felicitated Office of LG, J&K Shri Manoj Sinha for this vital initiative. Business community strongly supports a drug-free society—our youth are the backbone of the economy.

KTMF assures full cooperation in awareness drives and community outreach to curb drug abuse. Collective efforts of govt, civil society & trade bodies are crucial to safeguard our future generations.

03/05/2026

KTMF participates in Nasha Mukht Bharat Abhiyan Pad Yatra 2026, extends strong support to anti-drug initiative.

Srinagar, May 3: Kashmir Traders and Manufacturers Federation (KTMF) today participated in the Nasha Mukht Bharat Abhiyan Pad Yatra 2026 programme by the LG administration held at Lal Chowk Srinagar.

On the invitation of the LG administration, a delegation of KTMF actively took part in the programme and extended wholehearted support to this crucial initiative aimed at eradicating drug abuse. The delegation on behalf of the entire business community felicitated Hon’ble Lieutenant Governor Shri Manoj Sinha by presenting flowers as a gesture of appreciation for his leadership and commitment towards tackling the growing menace of substance abuse.

KTMF emphasized that the business community firmly stands behind all efforts aimed at curbing drug addiction noting that the youth represent the backbone of the economy and the future workforce of the nation. KTMF reiterated that a healthy, drug-free youth population is essential for sustainable economic growth, social stability and long term prosperity.

Delegation highlighted the urgent need for collective responsibility involving government institutions, civil society and trade bodies to effectively address the issue. KTMF assured full cooperation in awareness campaigns and community level interventions to support the objectives of the Nasha Mukht Bharat Abhiyan.

KTMF delegation comprised Qazi Tauseef, Mohammad Yousuf Lori, Muzaffar Jan Wani and Sajad Ahmad who represented the Federation and conveyed the concerns as well as aspirations of the business fraternity.