Mohammad Afzal Guru was hanged in February. PHOTO: AFP/FILE
The KEA asked for early resolution of the Jammu and Kashmir issue by India and Pakistan, said a report on Monday.
Addressing a news conference in Srinagar, KEA Chief Spokesperson Siraj Ahmad said, “Economic losses suffered by the business community of Indian-held Kashmir (IHK) since February 9 shot up to Rs45 billion, which may go further up if curfews and restrictions imposed by the state are not stopped.”
Unpredictable state of the IHK valley has taken its toll on developmental work as well. Due to continuous imposition of curfew and enforcement of restriction development has come to a standstill.
KEA Chairman Mohammad Yaseen Khan said that the visit of an All Party Delegation from New Delhi to IHK in 2010 after unrest was a ‘flop’ as nothing came out of it. Khan pointed out that the Indian government binned the recommendations of the three-member team of interlocutors.
Khan said that legislators of National Conference and People’s Democratic Party should resign as they were not able to honour their mandate of providing relief to people. He alleged that both parties were ‘playing politics’ over the revocation of Armed Forces Special Powers Act from the troubled state. The Act can only be revoked when there is a consensus between the two parties and New Delhi is convinced about its annulment.
Published in The Express Tribune, March 26th, 2013.
Like Business on Facebook to stay informed and join in the conversation.
Correction: An earlier version of the article mistakenly skipped the word "not" in the third paragraph. The error is regretted.
COMMENTS (5)
Comments are moderated and generally will be posted if they are on-topic and not abusive.
For more information, please see our Comments FAQ
@Andaleeb: so you would be the one selling popcorn and tea in curfews to people at home. Best of luck with the initiative
Let me explain how curfews are good for economic development. If you have a curfew, people will stay at home. When people stay at home they eat popcorn and drink tea while watching tv. Sales of popcorn and tea will jump. This in turn will help the economy. Kapish ?
“Economic losses suffered by the business community of Indian-held Kashmir (IHK) since February 9 shot up to Rs45 billion, which may go further up if curfews and restrictions imposed by the state are stopped.” Are they making a case for continuing "curfews and restrictions imposed by the state"?
Pl publish the economic cost of terrorist attacks, the wastage of money spent in security, investigation and conviction of terrorists etc etc so that viewers can decide for themselves what their preference is.
"which may go further up if curfews and restrictions imposed by the state are stopped"
So, he wants curfews and restrictions to reduce loss?
I don't understand. Is this a typo?