Traders say Kashmir’s centuries-old handicraft and carpet industry is facing the biggest survival challenge these days after the Goods and Services Tax (GST) came Nazir Ahmad Dar’s livelihood is literally hanging by a thread. The carpet-weaver who lives on the outskirts of Srinagar is under distress after the national sales tax GST was implemented in Kashmir valley. He had to shut over 20 looms. Out of 100 weavers working with him, 85 have already lost their job. Reason: the 50-year-old loom owner has not got a single order for the…
Read MoreJob Cuts, Cash Crunch, All because of GST: Kashmir’s Carpet Traders
