Srinagar Braces for Subdued Eid Markets as Liquidity Crunch Tightens Consumer Belts By: Javid Amin As the festive season approaches, a significant shift is underway in Jammu and Kashmir’s market dynamics. A prevailing liquidity (cash) crunch is forcing consumers to prioritize budget-friendly products, leading to a noticeable downturn in overall market activity, particularly in the lead-up to Eid al-Adha. Farhan Kitab, President of the Confederation of All India Traders (CAIT) Kashmir unit, addressed these pressing issues on June 15th. He highlighted the impact of the cash shortage on consumer spending…
Read MoreCash Crunch Dampens Eid Festivities in Kashmir: Retailers Adapt to Meet Budget-Conscious Shoppers
