Trade bodies term 2016 worst year for business Archives

It was a double whammy for the traders and industrialists in Jammu and Kashmir this year. They were first hit badly by the unrest and then by the demonetisation. This year has been rated as one of the worst years for the traders and industrialists of the state as the business has come down by more than 50 per cent. The decline in trade is likely to create long-term effects on the economy of the militancy-infested state, say experts. “Though the global business was down throughout the year, Jammu and…