Category: Business

Business

Some Hits, Some Misses, feels Kashmir Inc

Editor

The state Budget 2016-17 drew mixed reactions from Kashmir Inc and stakeholders in the Valley’s tourism sector. Even as sops for development of industry and handicraft sectors were welcomed, leaders of business bodies said they were expecting more incentives for the tourism sector and immediate relief for traders. “Announcements for the handicraft sector, industry and initiatives for women are welcome. During pre-Budget deliberations, we had pointed out that the handicraft sector was suffering. However, we were expecting more sops for the tourism sector,” said Kashmir Chamber of Commerce & Industry…

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Kashmir Inc expects sops for handicraft, tourism sectors

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Youths seek development of higher education, job opportunities Kashmir Inc is expecting major sops for the tourism, horticulture, power and handicraft sectors in the annual Budget which is to be presented in the Assembly tomorrow. Youths too are hoping for sops for development of entrepreneurial ventures as unemployment remains a major concern in the state. “The tourism sector was hit hard after September, 2014, floods and major concessions should be announced for its revival. We are especially hopeful of service tax and value added tax (VAT) exemption on food items.…

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Tosa Maidan thrown open to public

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The picturesque Tosa Maidan meadow in Budgam district, vacated by army in 2014, was today officially opened to public by Chief Minister Mehbooba Mufti. The Chief Minister declared it open with the inauguration of a 3-day ‘Tosa Maidan Festival’ in the midst of the sprawling pasture circled by sky-touching Deodars. During the festival,activities like horse riding, trekking and mountaineering will be organised to promote the area as an adventure tourism destination. Speaking on the occasion, Mehbooba said Tosa Maidan will be brought on the tourist map of the state without…

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Ghai initiates ‘Great Indian Film and literature Festival’ in J&K

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The legendary filmmaker Subhash Ghai recently visited the Raj Bhavan to meet Mr. NN Vohra, Governor of Jammu and Kashmir to discuss a new festival – Great Indian Film and literature Festival – in the state and also seeked support for TV, film, theatre and literature artists. Ghai headed a delegation of White Walls Media with Karan Kukreja, Kumar Amit Sinha and Divank Rastogi, onr of the founders of the fest in attendance. The delegation explained the Governor of their fest’s Kashmir edition to be held at Srinagar. The governor…

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Airlines hike fares as 115 trains cancelled

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Taking advantage of the cancellation of trains and heavy rush of tourists and pilgrims in the state, the airlines have hiked the airfare to make more profit. The Jammu-Delhi ticket is costing Rs 7,000-8,000. However, the Jammu-Srinagar ticket is costing more than Rs 14,000 per passenger. The Railways has cancelled 115 trains on the route from May 24 to 31 for completion of double- laning of track from Suchi Pind to Jalandhar Cantonment, which led to cancellation of thousands of tickets. Out of 115 cancelled trains, 19 were Jammu-bound. The…

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Azmi shoots in Kashmir after 32 years

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The veteran actress is working on a project based on Premchand’s popular short story ‘Idgah’ Veteran actress Shabana Azmi is shooting in the north Indian state of Jammu and Kashmir after 32 years. Azmi, 65, is working on a project based on the legendary Hindi writer Premchand’s short story Idgah. The Neerja actress took to Twitter to share the experience of coming back to Kashmir. “Time was when we shot in Kashmir every year. Now going to be shooting there for the first time after 1984. Happy times place teeming…

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Most unexplored destinations in the Kashmir Valley

Editor

The mercury is rising everyday. Here are a few offbeat places in Kashmir you can escape to. Kashmir. For years this part of the country has been referred to as ‘Heaven on Earth.’ And the moment we hear the name, we are quick to picturise Srinagar’s Dal Lake, Pahalgam, Gulmarg, Shankaracharya Temple and some of the other common destinations within the state of Jammu and Kashmir. But the real beauty of this valley lies in its unexplored and offbeat destinations. Hidden deep within the depths of the alpine mountains, these…

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Soft drinks lose fizz as MRP goes up

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Most of the wholesalers, vendors, provisional store owners and small-time shopkeepers selling soft drinks of various brands have stopped purchasing them due to a steep hike in the maximum retail price (MRP). There has been nearly 20 to 30 per cent rise in the MRP of all the branded soft drinks which has made them “un-affordable”, they said. Marketing manager Amit Kumar of Jai Beverages Pvt Ltd, Bari Brahmana, Jammu, said the hike was a part of the company’s strategy. The company’s plans relating to distribution, cost-effectiveness of the products…

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Measures to improve tourism underway: Nirmal Singh

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Deputy Chief Minister Nirmal Singh today said the Bani Basohli areas of Kathua possessed huge potential for tourism and adventure sports and steps were being taken to bring the area on the tourist map. He was laying the foundation of a tourist hut at Kranwara area in Kathua district here today. Measures are underway to upgrade the existing infrastructure and create new assets to provide good facilities to tourists visiting these areas, he said. Singh also added that a community hall would be constructed in Kranwara with all modern facilities.…

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Kashmir Economic Alliance fears Amarnath-like agitation

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Stating that “unending conspiracies” are being hatched to allot the land in Jammu and Kashmir to outsiders, the Kashmir Economic Alliance, Chairman Haji Muhammad Yasin Khan cautioned the government that such developments could drag the state towards another Amarnath land like agitation. In a statement, Khan who also heads the Kashmir Traders and Manufacturers’ Federation said a connected series of events suggest that “some forces within the government were hell bent to create an atmosphere of unrest in Kashmir.” Stating that the timing of such “conspiracies” seems to be a…

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