Lockdown dents Kashmir Economy by Rs 45000 Cr: KTA Report

Successive lockdowns during the past year have dented the Kashmir region’s economy by over Rs 45,000 crore as per the report released by a Valley-based traders’ body. Businesses first remained shut for months after the abrogation of Article 370 on August 5 last year and just when economic activities had started picking up early this year, the Covid-19 lockdown started. “Since August 5, 2019, the business community has suffered a total loss of Rs 45,000 crore. The total loss of Rs 21,320.64 crore took place as a result of the…

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