Topyaps Logo

Topyaps Logo Topyaps Logo Topyaps Logo Topyaps Logo

Topyaps menu

Responsive image

As The Unrest In Valley Continues, The Economy Suffer Rs 6400 Crore Loss

Published on 26 August, 2016 at 3:21 pm By

The ongoing unrest in Kashmir has led to whopping Rs 6,400-crore loss to the economy of the Valley.

“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.


Advertisement

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.

Shops, business establishments, private offices and petrol pumps have been shut as the separatist’s groups have called for a complete strike.

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.

 



kashmir-curfew-7593

Officials of the tourism department say they are helpless.

“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.


Advertisement

 

Advertisement

Latest Stories

After ‘Patal Lok’, Anushka Sharma’s ‘Bulbul’ Is Ready To Stream On Netflix On June 24

After ‘Patal Lok’, Anushka Sharma’s ‘Bulbul’ Is Ready To Stream On Netflix On June 24


Martin Guptill Again Called ‘G**du’ To Yuzvendra Chahal, This Is How The Spinner Responds

Martin Guptill Again Called ‘G**du’ To Yuzvendra Chahal, This Is How The Spinner Responds


After Sending Migrants Back To Their Home, Sonu Sood Is Winning Hearts On Twitter With His Hilarious Replies

After Sending Migrants Back To Their Home, Sonu Sood Is Winning Hearts On Twitter With His Hilarious Replies


Want To Know How Many Versions of Ramayan Did Ramanand Sagar Read Before Making The Show?

Want To Know How Many Versions of Ramayan Did Ramanand Sagar Read Before Making The Show?


Yuvraj, Gambhir and Dhawan Lash Out On Shahid Afridi After His Remarks Against PM Modi

Yuvraj, Gambhir and Dhawan Lash Out On Shahid Afridi After His Remarks Against PM Modi


Advertisement

Most Searched

More From Business

Popular on The Web