Category: Business

Business

Kashmir Inc to prepare vision document for handicraft industry

Editor

The Kashmir Chamber of Commerce and Industry shall prepare a ‘vision document’ for the upliftment of handicraft industry in Kashmir. This was revealed today by president KCCI at an event organized here where the artisans raised their issues and appealed the government for needful. The Valley-based artisan rehabilitation forum urged the state government to take effective steps for the upliftment of the handicrafts sector. The artisans along with the members of Kashmir Chamber of Commerce Industry (KCCI) held a discussion on ways to prevent the art and heritage associated with…

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Yatra resumes after highway opens for one-way traffic

Editor

The Srinagar-Jammu highway was Monday thrown open for one-side traffic and the annual Amarnath Yatra resumed after two days of suspension. Traffic movement on the highway has been erratic for the past three days due to landslides near Kheri on Udhampur-Batote stretch. Following rains and landslides, the authorities had suspended the ongoing Amarnath yatra for two days. Sources said with movement of vehicles towards the Valley on Monday, a fresh batch of Amarnath pilgrimage was allowed from Bhagwati Nagar Base camp in Jammu. An official said the maintenance work on highway…

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3-day Jashan-e-Tosamaidan on in Khag

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Marking the first anniversary of freeing of Tosamaidan from 50 year-lease, three-day festival of Jashan-e-Tosamaidan commenced here on Saturday with people thronging the meadows in large numbers. On the first two days of the festival, thousands of people went to the meadows of Tosamaidan and enjoyed the serene ambience after decades of isolation of the places from local population. Once labelled as the ‘death meadow’, Tosamaidan now is becoming ray of hope for dozens of villages, worst hit during its 50-year lease to Artillery wing of Indian Army. Tosamaidan Bachav…

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‘Kashmir is milking the legacy built by its forefathers’

Editor

Gloves were out as tourists, hoteliers and even a minister today targeted tourism department for its non-serious approach to develop the vital sector. As the floor was opened for comments, people from wide range of fields came up with their set of grievances. Education Minister Nayeem Akhtar while addressing the seminar titled “Restoration, Preservation, Conservation and Promotion of Built and Cultural Heritage through Tourism,” said that Kashmir is milking the legacy built by its forefathers. “We as a generation, me included, have failed as we couldn’t add anything new to…

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Kashmir to turn heritage properties into profitable tourist attractions

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Jammu and Kashmir is following footsteps of Rajasthan to turn heritage properties into profitable business through tourism. A high-level committee in the Tourism & Culture Departments will hold a series of consultations with the Rajasthan-based Indian Heritage Hotels Association (IHHA) to convert state’s built-in heritage into remunerative and productive assets. “Our state is a goldmine of heritage assets and the government will take all steps to showcase them by maintaining the regal essence of its glorious past,” said chief minister Mufti Muhammad Sayeed. Sayeed, who is also the state tourism…

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Amarnath Yatra suspended for second day

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The ongoing annual Hindu pilgrimage Amarnath Yatra in Jammu and Kashmir was suspended for the second day on Sunday after the Jammu-Srinagar national highway was closed due to heavy rainfall. Heavy rains throughout the night triggered landslides at Kheri in Udhampur district and also at some places in the Ramban district, forcing authorities to close the highway, a police officer told IANS. “No pilgrim was allowed to proceed from Jammu to the valley,” he said. A decision on resuming the Amarnath Yatra will be taken only after the highway is…

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Landline, broadband services defunct in Srinagar

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BSNL: Irking people   Bharat Sanchar Nigam Limited (BSNL) broadband users in summer capital Srinagar are up n arms against the authorities for failing to restore the service from over two weeks now. According to local newsgathering agency CNS, broadband and landline services are defunct in Rambagh, Natipora, Baghi Mehtab, Chanapora, Mehjoor Nagar areas of Srinagar city. Subscribers of the areas informed said that the service is not poor but totally defunct and out of order.  “We visited Barzaulla based BSNL office several times and every time, the Engineer assured…

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Weather terror scares tourists away from Kashmir

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A series of cloudbursts, landslides and flood alerts in Kashmir – a combination of extreme events dubbed “weather terror” by local business people – has caused tourist arrivals to drop 60 percent so far this year, and things may get worse. Kashmir, whose stunning Himalayan mountain and lake scenery once made it a magnet for visitors, had seen its important tourism industry revive over the past four years, following two decades of armed insurgency against Indian rule which had deterred all but the hardiest travellers. From 2011 to 2014 Kashmir…

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Imports from California hit Kashmir walnut industry

Editor

After almonds, import of walnuts from California and other parts of America into Indian market has badly hit the walnut industry of Kashmir, with stakeholders blaming central government for allowing “free flow” of import. “It is very unfortunate that Union Agriculture Ministry has permitted imports of walnuts from California early this year probably to weaken the Kashmir walnuts industry,” the walnut growers said. “The Californian walnuts being imported into India have badly hit the prospectus of the growth of Kashmir walnut industry,” the growers said. They said the import of…

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Consumers in Kashmir shell out Rs.18 tax on every petrol litre

Editor

Jammu and Kashmir’s business community has demanded immediate rollback of increase in taxes of petrol and diesel recently imposed by state government, terming the hike as “undue and irrational”. The business community in the state has accused the state government of “inflicting miseries on people” of JK who have yet to recuperate from aftermath of September floods. The chambers, business associations from both provinces of the state, Jammu and Kashmir, have flayed the state government for increasing the rate of tax on petrol and diesel. The Jammu and Kashmir government…

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