NO BUSINESS

Kashmir is reeling under depression and financial crunch as there is virtually no business from the past ten months. From Horticulture to Tourism no sector is working and thousands of families connected with these trades or virtually looking for survival.

In such a situation, business community in Kashmir vally was expecting an exclusive and comprehensive financial package as a bailout for them otherwise they are doomed. They have been appealing New Delhi and also business community delegations have met many Union Ministers including Union Finance Minister and appraised them about their plight.

The business community of Kashmir criticized the Government of India for excluding them from the special package of Rs 20,000 crore to cushion the economy of people hit by Covid19 lockdown.

The trade bodies include Kashmir Chamber of Commerce & Industry (KCC&I), Kashmir Traders & Manufacturing Federation (KTMF), Kashmir Economic Alliance (KEA), Federation Chamber of Industries Kashmir (FCIK), PHD Chamber of Commerce (Kashmir Chapter), Kashmir Hotel & Restaurant Owners Federation (KHAROF), Jammu & Kashmir Hotelier Club (JKHC), Jammu & Kashmir Association of Hajj & Umrah Companies (JKAHUC), Kashmir Industrial Revival and Development Forum.(KIR&DF), Kashmir Joint Co-ordination Committee of Chemists & Druggists, All Kashmir Transport Welfare Association, Jammu & Kashmir Fruit & Vegetable Processing and Integrated Cold Chain Association (JKPICCA), Kashmir House Boat Owners Association (HBOA), Beopar Mandal (Maharaj Gunj), J&K Private School Coordination Committee, Shopian Fruit Mandi Association, Artisans Rehabilitation Forum, Kashmir Economic Form, Shehri-Khass Traders Coordination Committee, Jammu & Kashmir Hotels & Restaurant Association (JKHARA), Tourist Taxi Stand Federation, Travel Agents Society of Kashmir (TASK), Jammu & Kashmir Tourism Alliance (JKTA), Pilgrim and Leisure Tour Operators Forum(PILTOF), Tourist Trade Interest Guild.(TTIG), Urban Travel Agents Association.(UTAA), Kashmir Association of Retailers(KAR), Restaurant and Café Association of Kashmir (RAK), Association of Kashmir Tour Operators (AKTO), Kashmir Carpet Association. Kashmir Youth Entrepreneurs Federation (KYEF) and Kashmir Artists Welfare Foundation (KAWF) addressed the joint presser recently in Kashmir at SKICC.