People of Jammu and Kashmir have risked their everything for the movement, daily killings, scores of injuries, 52 days of strict siege and more that 140 crore daily financial loss have earned this uprising a priceless tag, said Hurriyat (G). In a statement issued to KNS, Hurriyat (G) said that employees, traders, transporters and factories are united in their resolve. But India by its nefarious designs and wicked conspiracies try their best to derail it through their paid local agents. They pay sumo and auto drivers hefty sum to run…
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Business
Kashmir Protests Hurt Business, Rs. 6400 Crore Lost In 49 Days
The ongoing unrest in Jammu and Kashmir has led to a whopping Rs. 6,400 crore loss to the state, with businesses being badly hit due to curfew and separatist sponsored strikes. Tourism and other business activities in Kashmir have come to a halt since protests broke out after the killing of terrorist Burhan Wani by security forces on July 8. Since then large parts of the state have remained under curfew, affecting business and tourism in the state. “Kashmir is suffering losses of about Rs. 135 crore daily. We estimate…
Read MoreMutton consumption plummets to Rs 50 lakh from Rs 5 crore a day
As Kashmir remained under siege for 48th straight day with restrictions and lockdown in place, the demand for mutton in the summer capital of the state here has witnessed drastic decline. In normal situations, in July and August, as per rough estimates around 10,000 marriages are solemnized in Kashmir. A huge quantity of meat is consumed by the wedding functions. However, this year, the killing of Hizbul Mujahideen commander, Burhan Wani, on July 8, which led to protests and civilians killings, resulted in massive cancellation of marriage functions. As per…
Read MoreSeason of Apples, Peaches fails to bear fruit
With unrest in the Valley entering its second month, August that is normally the season of fruits has failed to bring cheer to the seven lakh families involved in horticulture in Kashmir. Spells of curfew and unending shutdowns have grown fears that the Rs 6,000-crore fruit industry has run into bad weather. In this season of peaches, apricots, plums and apples, fruits have ripened but there is no market. With markets shut, even the varieties that mostly cater locally are finding no buyers. “This is the main season of peaches,…
Read MoreOnline shopping goes offline in Kashmir
Even as online shopping has become very popular in the Kashmir valley, most of the goods ordered before the unrest begun on July 8, have not yet been delivered to the customers. While some of these 45-day-old orders have been cancelled by the online shopping websites, other parcels are lying with the courier companies or post offices. “I had ordered baby diapers in the first week of July. After more than half a month, today I received a mail from Amazon that the order has been cancelled,” said Muzamil, a…
Read MoreNo signs of resumption of business activity in Kashmir
Even as the markets have mostly remained shut for the past 44 days, there are no visible signs of resumption of a regular business activity in the Kashmir valley. After the killing of militant commander Burhan Wani on July 8 that led to widespread protests, the business activity has remained confined to opening of a few shops selling groceries and other essentials in the wee hours. These shops then again shut by 8.30 am. Though other shops had opened for a couple of days in the evening hours in the…
Read MoreFilling stations run dry as tankers’ strike enters Day 2
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…
Read MoreOil Tankers suspend fuel supply to Kashmir Valley
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…
Read MoreAfter hitting tourist footfall, unrest affects the Big Picture
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…
Read MoreChamber of Commerce and Industry defers Jammu bandh
“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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