India-administered Jammu and Kashmir will hold local elections for the first time in a decade, the country's election commission announced on Friday.
The vote for the legislative assembly will take place from September 18 to October 1, with ballots to be counted on October 4.
The disputed Muslim-majority region is divided between India and Pakistan since the subcontinent gained independence from British colonial rule in 1947 and both nations claim it in its entirety.
An armed rebellion against New Delhi has been waged since late 1980s, with tens of thousands of people, mostly civilians killed in the conflict, amid regular poll boycott campaigns by separatists.
The last local election in the region was held in December 2014, with the popular government stepping down in 2018 when Prime Minister Narendra Modi’s Bharatiya Janata Party pulled out of an alliance with a local party.
The region has been devoid of an elected government since 2018 and was brought under federal rule by Mr Modi’s government.
But Mr Modi’s Hindu nationalist government in a shock decision in August 2019 stripped the disputed territory of its limited autonomy, downgrading and dividing the state into federally administered regions of Jammu, Kashmir and Ladakh.
“We have seen long queues of people in Jammu and Kashmir during Lok Sabha polls, which showed they want to be part of the democratic process and preferred ballot over the bullet,” said election commissioner Rajiv Kumar, at the briefing on Friday.
A total of 8.7 million voters, around 4.5 million lakh males and 4.2 million females will exercise their right to franchise in these polls, Mr Kumar said, adding the polls will take place in the 90 assembly constituencies in three phases.
The elections will take place after the delimitation process – redrawing boundaries for assembly constituencies depending on religious voter share—in Hindu-dominated Jammu region and Muslim-dominated Kashmir.
The new government will have decision-making powers only limited to region's civic affairs and administration public, with Mr Modi’s government having absolute powers on the federal territory's law and order.
What are the influencer academy modules?
- Mastery of audio-visual content creation.
- Cinematography, shots and movement.
- All aspects of post-production.
- Emerging technologies and VFX with AI and CGI.
- Understanding of marketing objectives and audience engagement.
- Tourism industry knowledge.
- Professional ethics.
Why it pays to compare
A comparison of sending Dh20,000 from the UAE using two different routes at the same time - the first direct from a UAE bank to a bank in Germany, and the second from the same UAE bank via an online platform to Germany - found key differences in cost and speed. The transfers were both initiated on January 30.
Route 1: bank transfer
The UAE bank charged Dh152.25 for the Dh20,000 transfer. On top of that, their exchange rate margin added a difference of around Dh415, compared with the mid-market rate.
Total cost: Dh567.25 - around 2.9 per cent of the total amount
Total received: €4,670.30
Route 2: online platform
The UAE bank’s charge for sending Dh20,000 to a UK dirham-denominated account was Dh2.10. The exchange rate margin cost was Dh60, plus a Dh12 fee.
Total cost: Dh74.10, around 0.4 per cent of the transaction
Total received: €4,756
The UAE bank transfer was far quicker – around two to three working days, while the online platform took around four to five days, but was considerably cheaper. In the online platform transfer, the funds were also exposed to currency risk during the period it took for them to arrive.
Brief scores:
Toss: Australia, chose to bat
Australia: 272-9 (50 ov)
Khawaja 100, Handscomb 52; Bhuvneshwar 3-48
India: 237 (50 ov)
Rohit 56, Bhuvneshwar 46; Zampa 3-46
Player of the Match: Usman Khawaja (Australia)
Player of the Series: Usman Khawaja (Australia)
How to vote
Canadians living in the UAE can register to vote online and be added to the International Register of Electors.
They'll then be sent a special ballot voting kit by mail either to their address, the Consulate General of Canada to the UAE in Dubai or The Embassy of Canada in Abu Dhabi
Registered voters mark the ballot with their choice and must send it back by 6pm Eastern time on October 21 (2am next Friday)
Should late investors consider cryptocurrencies?
Wealth managers recommend late investors to have a balanced portfolio that typically includes traditional assets such as cash, government and corporate bonds, equities, commodities and commercial property.
They do not usually recommend investing in Bitcoin or other cryptocurrencies due to the risk and volatility associated with them.
“It has produced eye-watering returns for some, whereas others have lost substantially as this has all depended purely on timing and when the buy-in was. If someone still has about 20 to 25 years until retirement, there isn’t any need to take such risks,” Rupert Connor of Abacus Financial Consultant says.
He adds that if a person is interested in owning a business or growing a property portfolio to increase their retirement income, this can be encouraged provided they keep in mind the overall risk profile of these assets.
MATCH INFO
Euro 2020 qualifier
Fixture: Liechtenstein v Italy, Tuesday, 10.45pm (UAE)
TV: Match is shown on BeIN Sports
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COMPANY PROFILE
Name: Rain Management
Year started: 2017
Based: Bahrain
Employees: 100-120
Amount raised: $2.5m from BitMex Ventures and Blockwater. Another $6m raised from MEVP, Coinbase, Vision Ventures, CMT, Jimco and DIFC Fintech Fund