Business | Kashmir POST

Bollywood continues to keep date with Kashmir

March 15, 2019March 15, 2019 Editor

Despite recent drop in Kashmir’s tourist footfall after the Pulwama attack on February 14, popular tourist hubs across the valley continue to be popular destinations for Bollywood to shoot their films. With Tulip and almond bloom expected during end of this month, a considerable increase in permissions being sought for film shoots is being witnessed. Director, Tourism Kashmir, Nisar Ahmad Wani told Kashmir Post that both feature film-makers and short film producers are seeking permission for film shoots here. “Tulip garden is a major attraction for film crews and we…

J&K tourism may advertise in upcoming IPL

March 14, 2019March 14, 2019 Editor

In a move to attract visitors back to Kashmir, J&K tourism department is mulling to advertise state’s tourism destinations during the telecast of upcoming IPL 2019 from various sports channels. According to an official spokesperson, Advisor to Governor Khurshid Ahmed Ganai on Wednesday directed the tourism department to submit a proposal for showing small duration advertisements on the state tourism destinations and potentials on the sports channels during IPL 2019 matches. He was chairing a meeting of the department to review the functioning of tourism department and its preparedness for…

Extend UDAN scheme to Kashmir: Tourism Body

March 12, 2019March 12, 2019 Editor

With the skyrocketing airfares shooing away intending tourists to Kashmir, the Valley-based tourism players Monday asked why the central government was not extending its air travel scheme, which facilitates cheaper airfares to several destinations, to Kashmir.The government of India in 2016 launched UDAN (ude desh ka aam nagrik) scheme to make air travel affordable for people through subsidised ticket prices and to provide air connectivity to smaller towns. The aim of the scheme is to connect major cities with tier-II and tier-III cities at a price of Rs 2,500 per…

‘Tourists are our Guests’ Kashmir hotels open doors to stranded tourists

February 28, 2019February 28, 2019 Editor

Amid heightened cross-border tension, which led to the closure of the Srinagar airport for civilian flights on Wednesday, hotels in the Kashmir valley have opened their doors to the stranded tourists, offering them free accommodation. Several hoteliers and travel agents came to the rescue of the tourists as the Srinagar-Jammu national highway too remained mostly shut during the past few weeks. “As tourists got stranded on Wednesday, we (Radisson group) offered free accommodation to them. We want to tell the tourists that they are our guests and we will make…

Traders hit streets against mob attacks on Kashmiris across India

February 23, 2019February 23, 2019 Editor

Kashmir based trade bodies and members of civil society on Friday held a joint protest at city centre Lal Chowk against mob attacks on Kashmiris in various states. The organisations which had called shutdown and protests included both factions of Kashmir economic alliance, all factions of Kashmir traders and manufacturers federation, Kashmir chamber of commerce and industry, Bapar Mandal Mahraj Gunj, Shehar-e-Khaas traders coordination committee and valley based transporters along with several other trade associations. Members of civil society representing Kashmir Centre for Social and Developmental Studies also took part…

Kashmir trade not dependent on Jammu: Kashmir Inc

February 21, 2019February 21, 2019 Editor

The business in Kashmir valley is not completely dependent on imports from Jammu as just 30 percent of goods are being imported currently from there, Kashmir-based traders said.The remaining 70 percent goods are imported to the Valley from other states.Although, Jammu is the nearest city that the Valley can trade with, Kashmir is not completely dependent on imports from Jammu and has an option to do business with nearest states like Punjab. Chairman Kashmir Economic Alliances (KEA) Muhammad Yasin Khan said that just 30 percent goods worth Rs 48,000 crore…

Govt asks airlines to check sudden hike, KCCI urges to bring airfare under essential service act

February 6, 2019February 6, 2019 Editor

Welcoming the concern shown by Governor Satya Pal Malik and advisor Khurshid A Ganai over rising air fare, the Kashmir Chamber of Commerce and Industry (KCCI) sought brining air travel under the purview of Essential Services Act. In a statement, Senior Vice President of Kashmir Chamber of Commerce and Industry, Nasir Hamid Khan said that the KCC&I had been raising this critical issue for long and had also given several suggestions to the Government in this regard and urged for effective action. He said vested interests are indulging in ‘blatant…

NC, AIP, traders protest SAC move on J&K Bank, BJP welcomes decision

November 27, 2018 Editor

A day after the Kashmir Economic Alliance threatened to launch an agitation against the decision to turn J&K Bank into a public sector undertaking (PSU), the National Conference (NC) and Awami Ittehad Party protested the move on Monday. The Kashmir Chamber of Commerce and Industries also extended support to the alliance seeking a rollback of the decision. The NC workers held a sit-in outside the J&K Bank headquarters demanding immediate rollback of the decision of the State Administrative Council (SAC). Addressing NC workers, provincial president Nasir Aslam Wani said the…

Kashmir’s image unscathed post two years of demonetisation, but economy badly hit

November 9, 2018November 9, 2018 Editor

Two years ago, when Narendra Modi-led government at the Centre demonetised 86 percent of currency in one go, acrimonious debates riled the country, except Kashmir. The move was immediately dismissed as a failure. Kashmir remained largely unaffected. When several people died in queues outside banks, where they had been asked to deposit Rs 1000 and 500 notes, there was no such rush in Kashmir. The mooted reaction in Kashmir also deflated the propaganda that the Valley was the hub of hawala and black money. Economist Prof Nisar Ali said empirical…