The Divisional Commissioner Kashmir, Baseer Ahmad Khan, today visited General Bus Stand Batmaloo, which is planned to be upgraded on modern lines as Central Bus Stand. Deputy Commissioner Srinagar Farooq Ahmad Lone, VC SDA Tahseen Mustafa, IG Traffic Showkat Ahmad Wattali and other senior officers of the district administration accompanied the Divisional Commissioner. It was informed that the Batamaloo Bus Stand will be shifted to Parimpora and land for the same has already been identified The VC SDA briefed the Divisional Commissioner about the features of proposed site plan for…
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Tourism lost Rs 4,000 cr to 2016 Kashmir Unrest
Stakeholders in a fix due to continuous shutdowns As the tourist arrivals to Kashmir have trickled down drastically in the wake of ongoing unrest, the local tourism industry is believed to have suffered a massive Rs 4,000 crore loss. Prior to July 8, the tourism industry was upbeat over “good number of arrivals” they were recording after suffering huge losses due to 2014 deluge and flood scare in 2015. However, the mass uprising in Kashmir in the wake of killing of Hizb commander Burhan Wani and followed by civilian killings,…
Read MoreJawahar Tunnel to remain open round the clock: IGP
The government has decided to keep both tubes of Jawahar Tunnel on the Jammu – Srinagar national highway open round the clock from today to facilitate the passengers, essential supplies and transportation of fruits. According to the Inspector General of Police (IGP), Traffic, J&K, the zonal IGPs of Kashmir and Jammu have been asked to direct the SSPs and SPs concerned to make all requisite arrangements for safe traffic movement in their respective jurisdictions, besides providing necessary police assistance to the Traffic Police personnel for strict implementation of the above…
Read MoreChenani-Nashri tunnel to be thrown open in November
The Chenani-Nashri tunnel, the passageway connecting Udhampur district with Ramban district on Jammu-Srinagar highway, is likely to be thrown open by the end of November or in first week of December this year. Officials informed Kashmir Post that most of the civil works on India’s longest road tunnel has been completed and leftover work will the finished till end of this month. “98 percent civil work including construction of 9 kilometer tunnel and its approach road has been completed while the installation of equipments and gadgets like sound diffusers, ventilators,…
Read MoreIRCTC to introduce glass ceiling coaches in Kashmir and Araku valley
India has always been an incredible place to tour and its picturesque landscapes are breathtaking for any traveller. In line with the Modi government’s bid to promote tourism in the country, Indian Railways’ IRCTC is taking a leaf out of Switzerland’s books. You can soon travel by train through the Kashmir and Araku valleys, enjoying nature’s beauty through glass ceilings and panoramic windows! Yes, in the coming months, Suresh Prabhu-led Indian Railways is all set to take luxury travel to a new height, by introducing glass-ceiling luxury coaches in trains.…
Read MoreIndian companies suffer losses in Billions due to Kashmir Unrest
National and multi-national companies operating across India have been incurring losses in billions due to prevailing Kashmir unrest. Despite being a consuming state, there is meager influx of commodities from different Indian states to Kashmir Valley. Senior Vice Chairman Kashmir Economic Forum and renowned industrialist Jan Muhammad Koul told news agency CNS that if current situation will prevail for many more days in Kashmir the State Government too will incur a loss of Rs ten thousand crores that it earns from traders in the form of Value Added Tax (VAT).…
Read MoreJK Bank mulls `Islamic Banking’ due to high demand
Newly-appointed Jammu and Kashmir bank chairman Parvez Ahmad on Monday said that the state government-controlled lender was ready to offer Islamic banking, if the Reserve Bank of India approved the move. Ahmad told a press conference that there was a strong demand for such banking service in Kashmir but RBI would need to examine the proposal. “We have not given a serious thought to it, but there is a lot of demand for Islamic banking in the state. We will examine the proposal and we have to also take RBI…
Read MoreLosses to Kashmir’s economy piling up due to unrest
Business sector pegs loss at Rs 11,000 cr, with single day shutdown cost coming to Rs125 cr There seems to be no end in sight to the losses being suffered by Kashmir’s economy ever since Hizbul Mujahideen commander Burhan Wani’s killing on July 8 sparked widespread protests. The unrest has hit hard all business sectors, especially shopkeepers, tourism stakeholders and transporters. Other sectors like horticulture too are facing the heat due to continued shutdown calls coupled with curfew and restrictions. According to the Kashmir Chamber of Commerce and Industry (KCCI),…
Read MoreTraders express faith in joint resistance leadership
‘Shutdown in Chenab, Ladakh biggest achievement of 2016 agitation’ Kashmiri traders Sunday said spreading of ongoing protests to Chenab valley and Ladakh is one of the biggest achievements of 2016 agitation. They said that fiscal losses are revocable but not the precious lives lost in forces’ action. “Now the pro-Kashmir protests have reached out of Kashmir. People in Chenab valley, Pir Panchal and Ladakh have observed shutdown to express solidarity with the people of Kashmir. They have also raised their voice for right to self determination. This is one of…
Read MoreApples reaching India with Slogans ‘ Go India ………. ‘
‘An attempt to defame Kashmir horticulture sector’ Valley-based fruit growers today termed as “grave conspiracy” the reported branding of some “apples” found in a Haryana market, with anti-India slogans. As per reports carried by various news agencies, a resident in Haryana today purchased apples which were branded with anti-India slogans. The incident stirred controversy. Reportedly, the incident came to light at the Sirsa vegetable market in Haryana when two boxes of “Kashmiri apples” were opened and two apples in them were found with anti-India slogans written over them. ‘We want…
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