Business Archives | Page 29 of 103

Mund Daji: A lesser-known picnic spot

July 29, 2021July 29, 2021 Editor

Dr. Zubair Ahmad War Kashmir is famous for the gardens built by Mughal emperors, mostly located in the capital Srinagar. Hill stations such as Gulmarg, Sonamarg, and Pahalgam are famous for their scenic beauty. It is said that Kashmir’s Emperor Yousuf Shah Chak was fond of Gulmarg and used to frequent it along with Empress Habba Khatoon. Mughals too were interested in this place. During British rule, the Englishmen built Golf Courses and Ski Club in picturesque Gulmarg. Even after the British era, Gulmarg received due attention, and Cable Car…

Saffron- Kashmir’s Golden Spice

July 19, 2021July 19, 2021 Editor

Amidst the towering snow-capped mountains of Pampore, Kashmir, lie fields covered in a blanket of purple crocus flowers. This is the flower that produces the precious spice known as saffron. Pampore, a small village located around 14 kilometers from the state capital, Srinagar, is known as the ‘Saffron Capital of India’, with more than 20,000 families associated with saffron cultivation. The saffron produced in the region is of superior quality and can fetch as much as Rs 2, 50,000 per kilogram in the market. The laborious task of cultivating saffron…

COVID Negative report, Vaccine mandatory for tourists visiting district Anantnag

July 13, 2021July 13, 2021 Editor

The district administration of Anantnag in south Kashmir said the visitors to public parks and tourist spots will be permitted only upon producing vaccination certificates and COVID-negative reports to combat the spread of the virus. Authorities in the Anantnag district of Jammu and Kashmir have made a COVID-19 negative report and vaccine certificate mandatory for visitors to tourist places, including the famous resort of Pahalgam, in the district to prevent the resurgence of coronavirus, officials said on Sunday. The district administration of Anantnag in south Kashmir, which is home to…

J&K’s economy on brink of collapse: Omar Abdullah

June 20, 2021June 20, 2021 Editor

National Conference (NC) vice president Omar Abdullah on Monday said the economy of Jammu and Kashmir is on the brink of collapse as every sector in the union territory has suffered losses in the last two years. Addressing a meeting of the party’s constituency in-charges of north Kashmir’s Baramulla District at party headquarters Nawa-e-Subha here, Abdullah expressed concern over the soaring unemployment in Jammu and Kashmir and the alleged rising incidents of suicide among the youth. The economy of J&K, it goes without saying, is at the brink of collapse.…

Cherry harvesting begins in full swing as COVID restrictions relaxed in Kashmir

June 19, 2021June 19, 2021 Editor

Following relaxation in lockdown rules, the harvesting of the cherry crop is in full swing in the Kashmir valley. As the pandemic has impacted the horticulturists and the marketing of their produce, the government is helping them sell the crop. Abida Malik, an officer of the Department of Horticulture said, “The pandemic had already delayed the season, and with restrictions on movement, the growers (cherry farmers) were facing difficulties in marketing their produce. The government has, therefore, decided to help the growers market it through them. This will ensure that…

With new hope, Kashmir gears up to revive tourism

June 10, 2021June 10, 2021 Editor

The tourism department proposes special vaccination drives for all stakeholders involved with the industry From vaccinating 80% of stakeholders to elaborate guidelines for hotels, the Tourism department in Kashmir has chalked out a meticulous plan to receive tourists again, as the second wave of coronavirus pandemic dips significantly. “We are working on two fronts for safe and secure means of reviving tourism, as the pandemic level is likely to dip further. First, special vaccination drives for all stakeholders involved with the tourism industry. Two, capacity building on protocols to handle…

How lockdown-hit Kashmir is trying to revive tourism

June 4, 2021June 4, 2021 Editor

It’s been a terrible two years for the tourism sector in Jammu and Kashmir—already hit by militancy, then the political upheaval in 2019 and now the Covid pandemic. In March 2021, tourist arrivals had picked up to 125,000 from about 19,000 in January. But the spurt in advance bookings and inquiries came to a grinding halt by mid-April as the second wave of Covid-19 hit the country. Tourism accounts for close to 7 per cent of J&K’s GSDP, with more than a third of the Union territory’s 12 million population…

Abrogation of Article 370 & Coronavirus lockdown cost Kashmir Rs 45000 Cr business losses

June 2, 2021June 2, 2021 Editor

Kashmir economy has borne the brunt of three back-to-back lockdowns since the abrogation of article 370 in August 2019 resulting in the loss of a whopping Rs 45000 Crore. The month-long lockdown from April 230 to May 30 this year has registered a loss of Rs 5000 crore alone, reveal figures worked out by the trade bodies of Valley. According to the Kashmir Chamber and Commerce Industries president Sheikh Ashiq Hussain, Kashmir economy suffered a loss of around Rs 17,878 crore in first four months of restrictions and shutdown in…

For third successive year, Apple produce in Kashmir takes a hit

May 23, 2021May 23, 2021 Editor

Growers say that due to rapid weather changes and the continuing cold weather and hailstorm, there is extensive damage to apple orchards To allow farmers tend to their crops on time, the Jammu and Kashmir administration has exempted wholesale and retail shops dealing in fertiliser and pesticides from the COVID19 lockdown. Farmers say this will enable them to carry out timely spraying this time, unlike last year when retail shops remained closed during lockdown. “At times, the law enforcing agencies are stopping farmers (on the streets) but once they are…

During last 36 months, Kashmir faced 22 months of lockdown

May 21, 2021May 21, 2021 Editor

In last three years, Kashmir’s economy has faced 22 months of lockdown leading to huge business losses as a result of which Kashmir’s economy is in dire-strait following an unprecedented situation arising out of Covid induced lockdown, the Kashmir business community said. Over 30 business organisations, federations including premier business bodies of Kashmir today held a meeting to chalk out the future strategy for seeking revival package from the government. Addressing a press conference which was attended by almost all the heads of trade and commerce bodies, President, Kashmir Chamber…