The BJP, while expressing its reservation against the joint statement of the Kashmir Chamber of Commerce & Industries (KCCI) and its Jammu counterpart, today said demand of creating free economic zone to trade with China, Pakistan and Central Asia was against the sovereignty and integrity of the country. “The joint statement of traders of Kashmir and Jammu is ill-conceived and has dangerous implications and consequences,” said Varinder Gupta, spokesperson of the BJP’s state unit. “The demand for free economic zone is against the sovereignty of the country and it amounts…
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Business
Kashmir government to revive oldest fruit processing, packaging facility in Pulwama
The State Government has decided to revive the apple and walnut processing and packaging plant and cold storage facility at Bellow, Pulwama. This was announced by the Minister for Finance, Labour, Employment and Culture, Dr Haseeb Drabu during his visit to the plant yesterday. The plant is presently under the occupation of the security forces. The Minister was informed that the apple and walnut processing and packaging plant at Bellow, Pulwama is one of the oldest such plants of J&K Horticulture Produce and Marketing Corporation (JKHPMC), which was made functional…
Read MoreAdventure sports hit among tourists in Kashmir
A year after devastating floods hit Jammu and Kashmir, local businessmen try to revive their fortunes by promoting adventure sports in the state. Hundreds of tourists across the country visit the valley to participate in adventure sports like rafting and ski flying. “It is a beautiful adventure. We enjoyed the trip with my family. Overall we liked the entire Kashmir valley,” said a tourist Ashwini Arora. “I loved the rafting. I did it for the first time. Initially, I was scared. The waves come, it is beautiful and very different,”…
Read MoreValley tour operators meet US Embassy officials
Seek their help to promote Kashmir in USA Valley’s travel trade fraternity Wednesday met Gregory A Floyd Consul at Embassy of the United States of America, and Suresh K Madan Special Consular Services Specialist at Embassy who are on a visit to Kashmir. The meeting took place at Shahnama Houseboat where the tour operators discussed Valley tourism potential with them. Chairman Pilgrim and Leisure Tour Operators Forum G R Siah, President Travel Agents Society of Kashmir M Ibrahim Siah, former TASK President Showkat Pakhtoon, President Kashmir Hotels and Restaurant Owners…
Read MoreProvide affordable transportation to fruit industry: JKKT
‘Open Mughal road for to and fro apple transportation’ Stressing for allowing to and fro movement of fruit trucks through Mughal road, Jammu and Kashmir Kisan Tehreek (JKKT) has demanded a hassle-free and affordable transportation of fruit from Kashmir to other parts of the country. In its working committee meeting held in Anantnag today, Ghulam Nabi Malik General Secretary JKKT said that a hassle-free movement of fruit laden trucks to and from Kashmir to other parts of the country in view of the heavy traffic on Srinagar-Jammu highway (NH-1) via…
Read MoreKashmiri taxi drivers suffer losses as passengers avoid troubled route
The few vehicles that ferry passengers to Jammu use the Mughal Road; drivers blame authorities for not ensuring safety The recent attack on Kashmiri truckers has triggered a wave of fear among drivers plying on the Jammu-Srinagar highway. The attack has led to a slump in the number of passengers taking the route, and caused financial losses to taxi drivers too. “Earlier, at least 10 vehicles used to take passengers to Jammu each day. But after the attack on drivers in Udhampur, no more than three vehicles leave the taxi…
Read MoreDemand raised for making Kashmir free economic zone
Days after a murderous attack on Kashmiri truckers in Udhampur in Jammu division, business chambers of Kashmir and Jammu have demanded that Jammu and Kashmir should be made a free economic zone to trade with Pakistan, China, and Central Asia. “The demand for making Jammu and Kashmir a free economic zone will also be taken up by both Chambers jointly to get the territory out of financial mess,” said president of Kashmir Chamber of Commerce and Industry (KCCI), Mushtaq Ahmad Wani. He was addressing a press conference jointly with Rakesh…
Read MoreBusiness chambers to resist dilution of Kashmir’s special status
In an attempt to defuse simmering tension following murderous attacks on the Valley-bound truckers in Udhampur, the Kashmir and Jammu business chambers have said that efforts of Indian agencies to trifurcate the territory on religious lines will not be tolerated and the business community will protect Jammu and Kashmir’s special status at all costs. President of Jammu Chamber of Commerce and Industry (JCCI), Rakesh Gupta, addressing a joint press conference organized by Kashmir Chamber of Commerce and Industry (KCCI) and Jammu Chamber of Commerce and Industry, at the headquarters of…
Read MorePrivate contractor earns Rs 1.2 cr for towing wrongly parked cars
A private company engaged by the Traffic Police Department to tow wrongly parked vehicles in the two capital cities of the state has earned Rs 1.22 crore in the past four years even as the administration has failed to provide proper parking spaces. According to the Home department, New Nishat Enterprises, which has a contract with the Traffic Police Department, earned Rs 1.22 crore from 2012 to August this year. The Traffic Police Department generated a fine of Rs 5.18 crore in the past four years for wrong parking from…
Read MoreReturn all NHPC-run power projects in J&K: Jammu, Kashmir Business Chambers
The business chambers of both Jammu and Kashmir today jointly demanded from the Centre the return of all power projects run by NHPC in the state, saying there was no justification in its reluctance to handover them to the state. “Both the chambers demand from the Central government the return of all the power projects which are run by NHPC illegally in the state. “The NHPC is running the power projects on ad hoc basis as there is no agreement for continuing their running through NHPC and that the JKSPDC…
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