#kashmireconomy Archives

Kashmir Chamber of Commerce Meets CM Omar Abdullah, Presents Economic Revival Plan

May 26, 2025May 26, 2025 Editor

KCCI Meets CM Omar Abdullah to Discuss Kashmir’s Economic Revival

The attack has shaken our economy—we must rebuild with urgency and unity, says Chief Minister Omar Abdullah Srinagar 26 May 2025: In the aftermath of the devastating April 22 terror attack in Pahalgam that claimed 26 lives and derailed Kashmir’s fragile economy, a high-level delegation from the Kashmir Chamber of Commerce and Industry (KCCI) met with Hon’ble Chief Minister Mr. Omar Abdullah at the Civil Secretariat today to present a comprehensive economic revival strategy. The KCCI team, led by President Javid Ahmad Tenga, submitted a detailed two-part economic memorandum to address…

Kashmir’s Tourism Crisis: Hotels, Cab Drivers & Pony Operators Struggle

May 23, 2025 Editor

Security & Recovery: How J&K Plans to Revive Tourism After Pahalgam Attack Srinagar 23 May 2025: The Pahalgam terror attack has had devastating consequences for the local economy, with thousands of people losing their livelihoods due to the sharp decline in tourism. The once-bustling resort town now wears a deserted look, as tourists have canceled trips, leaving hotel staff, pony operators, cab drivers, and shopkeepers struggling to make ends meet. Impact on Local Businesses The economic fallout of the attack has been severe, affecting multiple sectors that rely on tourist…

From Hospitality to Hardship: How Violence Impacts Kashmir’s Tourism Sector

April 23, 2025 Editor

KCCI Warns of Economic Fallout: Attack Designed to Undermine Kashmir’s Tourism Industry Srinagar 22 April 2025: The Kashmir Chamber of Commerce and Industry (KCCI) has issued a strong statement condemning the recent attack in the Valley, describing it as a deliberate attempt to destabilize Kashmir’s tourism sector. The incident has sparked widespread concern among business leaders, who fear that such acts of violence could severely impact the region’s fragile economy, which is heavily reliant on tourism. Tourism: The Lifeline of Kashmir’s Economy Kashmir’s tourism industry has long been the backbone…

Ruhullah Mehdi Slams ‘Forced Development’ in Kashmir: Who Really Benefits?

March 19, 2025 Editor

Ruhullah Mehdi Slams Infrastructure Imposition in Kashmir: Forced Development or Economic Neglect? A Debate Over Development in Kashmir – The debate over development in Jammu and Kashmir has once again taken center stage, with National Conference MP Aga Syed Ruhullah Mehdi voicing strong criticism against the central government. During a session in Parliament, Ruhullah accused the government of imposing infrastructure projects on Kashmir without considering the aspirations or immediate needs of its people. His remarks have reignited discussions about land acquisition, displacement of farmers, and the apparent neglect of regions actively…

Rising Costs, Shrinking Rotis: The Struggle for Food Security in Kashmir

December 25, 2024December 25, 2024 Editor

The Struggle for Affordable Kander Tchot: A Call for Justice in Kashmir’s Staple Diet By: Javid Amin Kander Tchot, commonly known as Kashmiri roti, holds a significant place in the daily lives of Kashmir’s residents. Beyond its role as a staple food, it represents sustenance for the valley’s less fortunate, forming a critical part of their morning meals. However, as the cost of living rises in Kashmir, even this humble bread is becoming increasingly difficult for many families to afford. This growing issue underscores the urgent need for government intervention…

Apple Farmers and Trade Unions Unite in Protest Against Government Policies

November 27, 2023November 27, 2023 Editor

While addressing the demonstration, CITU president and Communist Party of India (Marxist) general secretary MY Tarigami said that Kashmir was facing the worst power crisis in the last two decades, a statement said Centre of Indian Trade Unions (CITU) and Jammu and Kashmir Apple Farmers Federation held a protest demonstration at the Press Enclave in Srinagar over the “anti-farmer and anti people” policies of the government on Sunday. Shouting slogans against the administration , the protesters expressed concern over problems faced by the people. While addressing the demonstration, CITU president…

J&K’s Power Crisis: Why is the Region Still Relying on External Power Sources Despite Hydropower Potential?

October 15, 2023 Editor

J&K’s Hydropower Riches: Why is the Region Still Spending Billions on Power Purchases? Jammu and Kashmir’s over-reliance on external power sources has incurred a substantial cost of Rs 63,000 crore over the past 11 years. This hefty expenditure on power purchases from external generation companies (gencos) underlines the ongoing energy challenge in the region, despite its substantial hydropower potential. Official data reveals that from the fiscal year 2012-13 to 2022-23, the power purchase bills from external power distribution companies (discoms) have reached a cumulative total of Rs 63,000 crore. In…

J&K Faces Looming Power Crisis, Industries in Kashmir Suffer as Prolonged Power Outages Dent Production

October 2, 2023 Editor

Despite the ample hydropower potential in Jammu and Kashmir, power generation has declined to 500 MW, while the government’s reduced procurement of 1400-1500 MW from external power gencos has resulted in a power crisis in the union territory. Kashmir is currently grappling with an unprecedented power crisis, with power cuts ranging from 5 to 9 hours a day, leaving residents and industries in the region reeling. Officials said that the root cause of this crisis lies in the dwindling power generation within J&K, which currently stands at a mere 500 MW,…

Unmasking the Stark Reality of Food Wastage in Kashmir: A Call to Conscience

September 26, 2023 Editor

Food Wastage in Kashmir: A Stark Reality and a Call to Conscience By: Javid Amin In the serene valleys and picturesque landscapes of Kashmir, a silent yet profound crisis looms large, one that has far-reaching consequences for society, the environment, and our collective morality. The menace of food wastage, once relegated to the shadows, has taken center stage, demanding our urgent attention. Daily Squander: A Conundrum Close to Home In the quaint towns and bustling cities of Kashmir, food wastage has surreptitiously embedded itself in our day-to-day lives. As we…

Kashmir’s walnut and apple growers face tough competition from cheaper imports

September 17, 2023 Editor

While cheaper imported walnuts from countries such as China, Turkey and the US are causing alarm among the growers, the apple industry, which is the economic lifeline of Kashmir, is also being adversely affected by foreign imports By : Riaz Wani Cheaper imported walnuts from countries such as China, Turkey, and the United States are threatening the produce in Kashmir and causing alarm among traders who want the government to step in. Walnuts cultivated in Kashmir are more expensive to produce due to various factors, such as the high cost…