Kashmir’s Tourism Crisis: A Devastating Blow to the Region’s Economy

Kashmir's Tourism Crisis: A Devastating Blow to the Region's Economy

The Pahalgam Terror Attack: A Catalyst for Economic Turmoil in Kashmir A Tragedy That Shook the Valley The brutal terror attack in Pahalgam on April 22, 2025, which claimed 26 innocent lives, has triggered not only a humanitarian crisis but also an economic earthquake across Kashmir’s tourism-dependent economy. Once hailed as “Paradise on Earth,” the valley is now grappling with mass cancellations, job losses, and economic instability on an unprecedented scale. Collapse of the Tourism Sector Tourism, which contributes 7 to 8 percent of Jammu & Kashmir’s Gross State Domestic…

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