J&K traders highlight growing losses
The Hindu
They demand special economic packages, conducive atmosphere for business
Jammu and Kashmir’s trading community on Friday flagged the issue of growing losses before the Finance Department of the Union Territory, weeks after Union Home Minister Amit Shah took a tough position on fresh hand holding in terms of packages to the local industry.
An official spokesman said representatives of 12 delegations from Jammu and 12 delegations from Kashmir held a pre-Budget discussion with Finance Commissioner Atal Dulloo in Jammu and highlighted the shrinking businesses in the Union Territory, especially after reading down of Article 370 in 2019.
The spokesman said the delegations pointed out that the J&K has suffered economically in the past and business has incurred huge losses, which have also led to unemployment especially since the outbreak of COVID-19.

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