VoV Web Desk

Traders of Kashmir

Decrease Font Size Increase Font Size Text Size Print This Page

Series of decisions taken by governor’s administration has not gone well with the business community of Kashmir Valley. Already the levels of alienation are very high in the rural areas and now in Srinagar city there is lot of anger against the administration for not keeping the prices under check.

Jammu and Kashmir Socio Economic Coordination Committee recently said that state government needs to provide dependable alternative routes to connect the valley with rest of the world in order to avoid inconvenience to common people and losses to business community faced due to frequent closure of Jammu-Srinagar national highway.

The traders of Kashmir have demanded a high level committee of State administration so that there is proper assessment of losses being suffered by Kashmiri businessmen due to the frequent closure of Srinagar-Jammu highway. They said that the highway has remained shut for weeks together in the past few months, inflicting heavy losses to the business community in Kashmir.

The JKSECC also said urged Governor to have a round table meeting with business community along with his officials so that the traffic mismanagement on Srinagar-Jammu highway is minimized.

According to the traders national highway has caused 10-15 percent mortality loss to the livestock, the perishable items are witnessing up to 60 percent wastage. On the export front, the horticulture produce has suffered heavy losses as only 40 percent of the 65 lakh fruit boxes targeted for exports during the past 3 months could be released and transported from CA stores.  The delay caused in transportation of raw material has severely impacted the manufacturing sector besides the construction industry in the valley resulting in idle wages and surge in establishment cost including bank interest.

Leave a Reply

Your email address will not be published. Required fields are marked *