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…
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Business
Business 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…
Read MoreKashmir business chambers condemn Udhampur truck attack, demand action
Jammu and Kashmir’s top business chambers on Monday condemned the Udhampur truck attack and vowed to thwart “conspiracies against communal harmony” to safeguard the state’s unique identity. The Kashmir Chamber of Commerce and Industry (KCCI) and Jammu Chamber of Commerce and Industry (JCCI) at a joint press conference here condemned the petrol bomb attack on a valley-bound truck at Udhampur in Jammu province and asked government to punish the culprits of the incident. The two apex business organizations termed the attack as “politically motivated” and said it can have serious…
Read MoreKashmir Inc threatens to boycott Jammu-based trucks
KEA warned business community from Jammu to decide whether they wanted to continue trade with Kashmiris or not. Kashmir Economic Alliance (KEA) Monday accused Bharatiya Janata Party (BJP) of plotting against Kashmiris by allowing the RSS to block and damage Kashmir-bound trucks. Addressing a press conference here, KEA Chairman Showkat M Chowdhary said Muslims in India were being threatened since BJP took over. “Not only Kashmiris but Muslims in India are not safe now. BJP is plotting against Kashmirs by allowing vested interested people to block supplies to Kashmir on Srinagar-Jammu…
Read MoreTraditional art, craft suffering, says Najma
Union Minister for Minority Affairs Najma Heptullah today said traditional art and craft forms of Kashmir, for which the Valley was known, were suffering as the younger generation was not ready to adopt these as their profession. Talking to mediapersons after a review meeting on minority affairs schemes in northern states this morning, she said there were some problems in marketing and the reasons were being looked into. “We are looking into the reasons why the youth are getting back to traditional art,” she said. She held that efforts were…
Read MoreConflict major setback to Kashmir economy: Experts
57th ISLE Annual Conference An expert team of economists from different states of India today said the ongoing conflict in Kashmir has deterred the development of state. Experts were addressing a press conference on 57th annual conference of ‘The Indian Society of Labor Economics’ (ISLE) here at Sheri-i- Kashmir University of Agriculture Science and Technology (SKAUST). Professor Ravi Shankar Srivastava professor of economics Jawaharlal Nehru University Delhi said where there is a conflict people are severely affected so is the development of the place affected. “Economics of Kashmir is an…
Read More‘Attack on truckers in Kashmir conspiracy to crush economy’
The business community has said that the RSS-backed PDP-led puppet administration to inflict miseries on people of Kashmir by crushing them economically. Representatives of various business chambers and trader associations, addressing a joint press conference in Srinagar threatened to launch massive agitations similar to that of 2008 and 2010 against the anti-people policies of the puppet regime.The traders stated that PDP was taking dictations from Nagpur which had put lives of people of the Valley in jeopardy as Kashmiris were being threatened and harassed. They termed the attack on truckers…
Read MoreKhyber, Air India host ‘FAM Tour’ for UAE tour operators
Khyber Himalayan Resort and Spa, Gulmarg and Air India hosted a “Familiarization Tour” for select UAE tour operators to Kashmir. The tour includes the gateway city Srinagar and Gulmarg, home of The Khyber. During their stay at The Khyber from Oct 7 to Oct 9, the group visited Drung, Baba Reshi, St. Mary’s Church, and Maharani Mandir and took a ride on the Gondola. In Srinagar, they will visit the The Lalit Grand Palace Hotel, go on a shikara ride on Nageen Lake and experience living in a house boat.…
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