I checked the following things:
1. Connection is successful- JIRA and Psql are connected.
2. Unable to see data in the database I have mentioned in the connection - I am assuming that I can see the data in the databse and do not have to use the dbconfig.xml
3. Psql is up and running!
4. Inspite of checking all these things, I am unable to actually see the JIRA ticket data I am trying to import in the psql Database.