Kashmir Economy loses Rs 5 Cr per day due to highway blockade: KTMF

The business in Kashmir faces a loss of Rs five crores per day due to frequent blockade of Srinagar–Jammu highway, the data provided by Kashmir Traders and Manufacturers Fund (KTMF) has revealed. The highway remains frequently closed due to the ongoing blasting of mountains for highway expansion and adverse weather conditions, having a far reaching effect on Kashmir economy. According to reports, the highway has remained blocked for more than fifty days this year alone. The blocking of Srinagar-Jammu highway results in decline in the quality of fruits due to…

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