Falling Prices spell trouble for walnut industry

In this bustling village on the Srinagar-Muzaffarabad highway, dozens of walnut kernel traders are a worried a lot these days due to falling prices this year. Traders said the prices had decreased by at least half compared to last year after India allowed imports from other countries, including the US, China and West Asia. The J&K Government said it was a serious issue and it would take it up with the Central Government. “We have the best quality walnut as it is organic. That was the reason we had high…

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