Category: Business

Business

WGFI & IISM celebrated World Snow Day at Gulmarg

Editor

The Winter Games Federation of India in association with the Indian Institute of Skiing and Mountaineering (IISM) celebrated World Snow Day in Gulmarg on Sunday. A statement issued by the institute said the day was celebrated all over the world to ‘bring children to snow and promote snow sports among our future generations’. It said 90 children from Kashmir and many from other statesparticipated in the celebrations. JS Dhillon, Director, IISM, said many children were interested to pursue snow sports but there was a huge gap in the knowledge on…

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Tourism in doldrums, footfall down in last 6 years

Editor

The government’s claim of creating tourism infrastructure in the state has fallen flat as the number of tourists arrivals in the state is decreasing with each passing year. Except the Vaishno Devi shrine and the Amarnath cave, almost all other tourist destinations in the state have witnessed a dip in tourists in the last six years. The Tourism Department last year spent a huge amount by participating in two international events at Berlin and Thailand, but it failed to attract foreign tourists. The state also organised 22 national travel marts…

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‘Gul Makai’ Malala biopic shoot creates buzz in Sonamarg

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A biopic based on Nobel Peace Prize winner Malala Yousafzai is currently being shot in Sonamarg on the Kashmir-Ladakh axis after the makers discovered that the area resembled the Swat valley known as the ‘Switzerland of Pakistan’. The film shooting has created a buzz in the area in the winter months as more than 700 locals have been engaged in its production in sub-zero temperatures. Even as well-known teenaged actor Reem Shaikh is playing the role of Malala, who had shot to fame after surviving a Taliban attack, more than…

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US asks its citizens not to travel to JK, Advisory will affect Kashmir Tourism

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The United States Administration of President Donald Trump has warned Americans to exercise maximum caution while travelling to India due to a spurt in crime and terrorism. The advisory has been issued by the US State Department, which asked the American citizens to avoid going to Jammu and Kashmir except for the Buddhist-dominated region of Ladakh. The State Department had on Wednesday launched improvements on sharing information with US travelers to provide clear, timely and reliable safety and security information. “Exercise increased caution in India due to crime and terrorism.…

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‘Negative’ media coverage of Kashmir affected tourism: Congress

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The Congress today expressed concern over the “negative” portrayal of Kashmir in prime-time television debates, saying it has hurt the state’s tourism sector. “There is a concern over the negative portrayal of Kashmir in prime-time (TV) debates and it has badly affected the tourism of the state,” the leader of Congress Legislative Party, Nawang Rigzin Jora said, during a discussion on the budget in the Assembly today. Jora made a strong pitch for corrective measures in this regard. He questioned the absence of the mention of agriculture growth in the…

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Electricity, Petroleum, Real estate and Alcohol could come under GST

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Finance Minister Haseeb Ahmad Drabu Thursday said power, petroleum, real estate and liquor could be soon brought under the ambit of Goods and Services Tax (GST). Presenting the J&K Budget 2018-19 in the Legislative Assembly, the finance minister said a committee of officers and professionals in the area of taxation and industry had been constituted to work out the framework for brining real estate, electricity, alcohol and petroleum under J&K GST. He said the reason of brining electricity under the ambit of GST was that under the GST Input Tax…

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GST not viable for J&K’s economy: KCCI

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The implementation of the Goods and Services Tax (GST) has not gone down well with the businessmen in Kashmir who are seeking its roll back in the present form. They complained that their concerns were never considered by the state and the central government before its extension to JK which, they said, has affected their already fledgling business. Kashmir Chamber of Commerce and Industries (KCCI) president, Javed Tenga said GST implementation in Jammu and Kashmir was not a “well-thought-out” and not good for state’s economy. “It was implemented here in…

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Annual Amarnath pilgrimage from 28 June, 15000 pilgrims to be allowed daily

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Governor chairs shrine board meeting; implementation of NGT directions discussed Governor NN Vohra, who is also the Chairman of the Shri Amarnathji Shrine Board (SASB), presided over an emergent meeting of the shrine board at New Delhi today to particularly discuss among other issues the implementation of the recent directions of the National Green Tribunal (NGT) with regard to the yatra and to decide the further course of action. The shrine board deliberated on the NGT’s directions contained in its December 13 and 14 orders in the case titled “Gauri…

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Kashmir to face 50% cut in industrial production post GST

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Industrial production for the current financial year in Kashmir will be 50 percent down due to discontinuation of special tax exemptions post GST implementation, apex industry body Federation Chamber of Industries Kashmir (FCIK) said on Friday. Speaking with Kashmir Post, FCIK President Mukhtair Yousuf said despite playing an important role for import substitution, local industry has not been provided incentives such as “extension of tax holiday’ as promised by the state government. “Most of these units have been set up on the promises and commitments made by the consecutive governments…

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Ice-climbing event held at Pahalgam

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The Department of Tourism, Kashmir, organised an ice-climbing event at Chandanwari in Pahalgam in an effort to promote adventure tourism in the Kashmir valley. A statement issued by the department today said trained mountaineers from the Jammu and Kashmir Mountaineering and Hiking Club and Glacier Trekking, Mountaineering and Hiking Club participated in the event with the collaboration of the Jawahar Institute of Mountaineering and Winter Sports. Director, Tourism, Kashmir, Mahmood A Shah said the extreme adventure sports activity had an international appeal which could attract adventure lovers from across the…

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