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Kashmir Businesses Facing Uncertain Future

Nov 5, 2019 by admin

Businesses are struggling three months after New Delhi stripped Indian-administered Kashmir of its autonomy. tens of thousands of daily wage workers have lost their jobs and they do not seem to find work any time soon.

It has been three months since New Delhi stripped Indian-administered Kashmir of its autonomy.

India said the decision would usher in development in the region. But the Kashmiris disagree with what India has to say.

Many Kashmiris say they have lost an entire summer of income from tourism, and they have no idea how the government plans to improve their economy. They have not been able to export shawls and other handicrafts.  Importers from various countries canceled their orders permanently due to the uncertain future in the Indian-occupied Kashmir. Many factories have been closed because they do not have any work to do. Every businessman seems to worry about the economic conditions prevailing in the valley.

 

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