$ 1 billion loss to Kashmir after Article 370 abolition

Four months after the abolition of Article 5, the occupation in Kashmir remains in the same state today. On the Kashmir issue, the government has spoken of 'all good things' on the issue of Kashmir, but business and employment has collapsed in Kashmir ever since the abolition of Article 2.

And it has caused a loss of one billion dollars, ”the Kashmir Chamber of Commerce and Industry said. The matter will be reported to the government and take appropriate steps to bring this huge loss to Kashmir.

During August, the government had abolished Article 3 from Kashmir and turned it into a federally controlled territory. The government said the move would curb the terrorism waged in Kashmir and, like other states in the country, would see rapid development in Kashmir. New industries will be set up, business activities boom, unemployment will be eliminated.

The Kashmir Chamber of Commerce cited the issue, saying that nothing was found in the government's claim. Terrorist incidents are still happening today. Unemployment has not made any difference. The talk of boasting new industries is far from being hampered by local businesses.

Thus the word Vikas is nowhere to be found. Kashmir's tourism industry has collapsed due to various restrictions imposed on the government's exercise from above, which has caused huge damage.

In addition to this, the local arts and crafts industry, which is one of the highest pharma in the agricultural and horticultural sectors, has also been adversely affected.

Thus, Kashmir, which has been adversely affected by all sectors following the government's move, is expected to spend Rs. 2 billion was damaged. The figure has risen higher than that at present.

Due to the various restrictions imposed by the government on Kashmir, the economy has completely collapsed. Banning the Internet has adversely affected all levels. That remains the same today. Fear has also been prevalent among small and large businesses - employment, shoppers. When the hotel industry is lacking due to lack of tourists. Some hotel owners here have taken a look at Himachal Pradesh by conducting business practice in Kashmir.

The government was talking about new investment after the move, but from August to present day, the Kashmir Chambers of Commerce has not received any inquiries / inquiries from potential investors or no one has contacted them for new employment.

"We will present to the court the appointment of an external agency to assess the loss to Kashmir in August," Chamber said. In addition, a detailed presentation will be made to the government regarding the damage to Kashmir.