Tag: 000 cr to 2016 Kashmir Unrest

Stakeholders in a fix due to continuous shutdowns As the tourist arrivals to Kashmir have trickled down drastically in the wake of ongoing unrest, the local tourism industry is believed to have suffered a massive Rs 4,000 crore loss. Prior to July 8, the tourism industry was upbeat over “good number of arrivals” they were recording after suffering huge losses due to 2014 deluge and flood scare in 2015. However, the mass uprising in Kashmir in the wake of killing of Hizb commander Burhan Wani and followed by civilian killings,…

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