Category: Business

Business

Filling stations run dry as tankers’ strike enters Day 2

Editor

As oil tankers continue to be off the roads for the second consecutive day in protest against the attacks on tanker drivers and their vehicles in the Valley, the state has started to feel the pressure as refilling stations are running dry in the state. Though the administration swung into action and held a meeting with the All J&K Oil Tankers Drivers and Conductors’ Union today, it yielded no result. The strike call was given by the All J&K Oil Tankers Drivers and Conductors’ Union on Saturday, stopping fuel supply…

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Oil Tankers suspend fuel supply to Kashmir Valley

Editor

Owners of oil tankers went on an indefinite strike today and stopped the supply of petroleum products to all depots across the state to protest against the recurring attacks on oil tankers and their drivers in Kashmir Valley. Owners said the supply to security forces had also been suspended and all tankers will remain off roads till the state government provided them with adequate security amidst the widespread unrest in the Valley that had become life threatening for drivers and tanker owners. “We have stopped the supply of petroleum products…

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After hitting tourist footfall, unrest affects the Big Picture

Editor

Several Bollywood crews cancel shooting in Valley, opt for other states Even as the ongoing unrest in Kashmir has badly hit the tourism sector, the Tourism Department today said several film crews had called off their scheduled shoots in the Valley and were opting to shoot in other states. “The daily arrival of tourists by air and road has gone down from 10,000-12,000 to a few hundreds. The cancellations have affected hoteliers, houseboat owners, airlines and other tourism stakeholders across the Valley. Further, many Bollywood shootings of big and middle…

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Chamber of Commerce and Industry defers Jammu bandh

Editor

“The bandh was for peace and communal harmony and in protest against anti-national forces and the traitors who had been hell bent upon creating unrest in the state,” said president of the Jammu Chamber of Commerce and Industry. Within less than 12 hours of its giving a call for Jammu bandh on Saturday to convey voice of dissent to the demand for Azadi emanating from troubled Kashmir Valley, the Jammu Chamber of Commerce and Industry on Friday deferred the programme. This, according to Chamber president Rakesh Gupta, followed communiqués from…

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Jammu traders sets Aug 19 deadline for Intra Region dialogue; Oppose protests in Kashmir

Editor

Traders, industrialists and transporters of the Jammu region today unanimously gave a deadline to the people of Kashmir for holding intra-region discussions with the people of Jammu and Ladakh to restore normalcy in the state as they do not support the “way of protests” chosen by Kashmiris. They said they would call for a complete shutdown in Jammu on August 20 if they do not get a positive response from the representatives of Kashmir civil society for the intra-region dialogue. In an urgent meeting convened at Chamber House under the…

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Poultry industry shows self-sufficiency in tough times

Editor

The local poultry industry has fought against all odds and proved to be self-sufficient during the ongoing unrest by supplying local production of chicken into the markets at cheapest possible rates. According to Ghulam Muhammad, President of Kashmir Valley Poultry Farmers Association almost 80 per cent of the chicken sold in the Valley during last one month has come from local production. “Despite not been given an industrial status by the state government, the poultry industry has risen to the occasion and shown that we have the ability to become…

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‘Modi’s statement on Kashmir a futile attempt at underplaying the struggle in Valley’

Editor

Kashmir Chamber of Commerce and Industry also criticised Chief Minister Mehbooba Mufti for her reported statement that the present turmoil is “Halla Gulla” (commotion). Kashmir Chamber of Commerce and Industry (KCCI) on Wednesday termed Prime Minister Narendra Modi’s statement on Kashmir as a “futile attempt” at underplaying the ongoing struggle in the valley. Modi on Tuesday reached out to the people of turbulent Kashmir and indicated willingness to hold dialogue under the framework of ‘insaniyat (humanity), jamhuriyat (democracy) and Kashmiriyat’. “To connect the 70-year-old struggle for freedom and liberty of…

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Kashmir Inc willing to ‘Sacrifice’ Business for ‘Kashmir Cause’

Editor

The corporate Kashmir Tuesday condemned the “atrocities committed by forces” during the ongoing unrest in Kashmir, while vowing to strictly abide by the Hurriyat strike program without caring for the business losses for the sake of ‘Kashmir cause’. Terming it as intolerable, the business community demanded immediate ban on the use of pellet guns. Representatives of various traders’ organizations including Kashmir Traders and Manufacturers Federation led by President Haji Muhammad Yasin Khan and the KEA district presidents at a joint meeting unanimously resolved to support the peaceful agitation program called…

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As unrest continues, Private Sector faces crisis

Editor

With Kashmir unrest continuing for the fifth consecutive week without even a day’s break, the private sector employees are under increasing pressure to work or face repercussion which include cuts in salary or even getting fired from the service. The private sector in Kashmir is largely limited to sales sector, mostly involving banking, insurance, telecom, and pharmaceutical companies. The sector has remained in a state of paralysis in the region since July 8 when the killing of militant commander Burhan Wani triggered widespread protests across all districts of the Kashmir…

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Amid restrictions, local growers meet vegetable demand across Valley

Editor

“We are having adequate supply of vegetables. In fact we are exporting vegetables at this time of the year,” Chairman Parimpora Fruit Mandi Association, Bashir Ahmad Basheer said. As Kashmir continues to remain under siege, the vegetable growers and vendors in the Valley have been working tirelessly to ensure the local demand is met locally and the prices remain under check. Amid the ongoing unrest, while the growers have ensured abundant supply of locally cultivated vegetables, the vendors ensure the prices remain under check and vegetables reach every nook and…

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