Congratulating Mehbooba Mufti for becoming Jammu and Kashmir’s first woman chief minister, business community here has pinned all their hopes on new CM for revival of the ‘beleaguered’ economy and bailing out the state from the current financial difficulties. Post 2014 floods, Kashmir is yet to come out from the business losses and economic slowdown. JK in fiscal year 2014-15 witnessed negative growth of more than half percent in its GSDP. The Prime Minister’s package had allocated only Rs 800 crore as relief to provide succor to the flood hit…
Read MoreKashmir Inc pins hopes on CM for revival of state economy
