Connect with us

TOP STORIES

Highway closure chokes supplies, traders report ‘losses in crores’ | KNO

‘Markets running out of stock, essentials turn costlier; GST hike deepens crisis as alternate roads remain un-reliable; ask why essentials can’t reach by train’

Published

on

kno news

Srinagar, Sep 09 (KNO): The prolonged closure of the Jammu-Srinagar National Highway has left Kashmir’s markets struggling, with traders reporting massive losses and shortages of essential commodities. They say, from “a sewing needle to a helicopter,” almost everything in Kashmir comes from outside. With the highway closed for over 15 days now, not just farmers but traders too are reeling under the impact, as supplies dry up and markets face an unprecedented crisis. Yaseen Khan, President of Kashmir Traders and Manufacturers Federation (KTMF), told the news agency—Kashmir News Observer (KNO), that business has “totally collapsed” due to the shutdown. “Essential supplies are running short, some shops have closed, and though exact estimates can’t be made, heavy losses are visible,” he said. He added that almost every sector is affected as Kashmir depends on outside supplies, ranging from rice and oil to petroleum products and electronics. Tariq Ghani, President of the Chamber of Commerce and Industry Kashmir (CCIK), said the losses run into crores. “Not just one trader, but everyone is hit badly as stocks have exhausted. Shortage is rising because of non-availability of products,” he said. He also questioned why essential goods are not being brought in by train. “If train services have stated, why can’t supplies arrive through rail as well? Rates of essentials are already skyrocketing,” he said. Mohammad Saleem, Vice President of the Lal Chowk Traders Association, said many shopkeepers are facing acute shortages, while those with leftover stock are resorting to price hikes. He added that the recent GST hike has further compounded their losses, leaving traders under immense strain. Meanwhile, traffic authorities said the Mughal Road and Sinthan road are open as per advisory, but NH-44 continues to remain closed. The Doda-Kishtwar road (NH-244) is also shut due to a landslide at Rankha Shed near Nasib Nagar, while the Srinagar-Sonamarg-Gumri (SSG) road is blocked at Zojila. Restoration work is underway, and officials have urged people not to travel until the highways are fully restored—(KNO)

Trending

TOP STORIES4 hours ago

LG visits Udhampur, inspects NH restoration works | KNO

TOP STORIES4 hours ago

LG visits residence of SSP Udhampur, offers condolences | KNO

TOP STORIES4 hours ago

Kulgam : LG pays tribute to brave soldier | KNO

TOP STORIES4 hours ago

CM lays wreath, pays rich tributes to martyred soldiers of Kulgam encounter | KNO

TOP STORIES4 hours ago

LG visits Mega Health Camp for flood affected families in Jammu | KNO

TOP STORIES4 hours ago

Div Com reviews status of migrant grievances, related issues | KNO

TOP STORIES4 hours ago

CS chairs 1st UTLSMC meeting of PMAY-U 2.0 | KNO

TOP STORIES4 hours ago

CM Omar meets public, several delegations at Raabita Srinagar | KNO

TOP STORIES4 hours ago

J&K has potential to become country's premier destination for weddings: CM Omar | KNO

TOP STORIES4 hours ago

LG visits Health Camp for flood-hit families at Keso Manhasan | KNO

TOP STORIES4 hours ago

Police arrest 4 drug peddlers | KNO

TOP STORIES4 hours ago

ED conducts searches at 6 locations in Delhi-NCR, Ladakh | KNO

TOP STORIES4 hours ago

G A Mir condemns Mehraj Malik’s arrest | KNO

TOP STORIES4 hours ago

Dy CM condemns PSA against MLA Doda, calls it ‘murder of democracy’ | KNO

TOP STORIES5 hours ago

SMVD remains suspended for 14th consecutive day | KNO

TOP STORIES5 hours ago

‘Custodian of Craft’ : 85-yr-old artisan warns of decline in handicraft heritage as modernity takes toll | KNO

TOP STORIES5 hours ago

MLA Langate writes to Speaker, CM over PSA against MLA Doda | KNO

Copyright © 2021