Kashmir’s top trade and commerce body on Thursday said the tourism business and handicraft export sectors—apart from general trade—are witnessing a steep decline and the state and central government should “take effective steps” in this regard. Kashmir Chamber of Commerce and Industry (KCCI) said it feels concerned about the situation “arising out of downfall of business in tourism, handicraft exports and general trade in the Valley.” “The low turnover and resultant liquidity position in the market has left the stakeholders high and dry, leading to fears of total collapse of…
Read MoreSteep fall in Kashmir business, says KCCI
