“Kashmir is suffering losses of about Rs 135 crore daily. This estimates to over Rs 6,400 crore so far,” Mohammad Yaseen Khan, president Kashmir Traders and Manufacturers Federation (KTMF), said.
The business and tourist activities have come to halt for the past 49 days after protests erupted in following the killing of Hizbul Mujahideen commander Burhan Wani.
They are protesting the civilian deaths in the violence after Wani’s killing. “People are turning away from Kashmir due to the unrest,” a tourism player said in Srinagar.
“What can we do? The department is helpless. We cannot go outside the state and ask people to visit the Valley. How can we even expect people to visit the Valley when the situation is such,” the official told PTI.
The clashes between protesters and security forces left 66 death and thousands of others injured.