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Trade community suffers estimated loss of Rs.1,000 crore per week in Srinagar

Shortpedia

Content Team
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Since the center abrogated provisions of Article 370 and divided Jammu and Kashmir into two union territories, the trade community has taken a massive hit as Srinagar has suffered an estimated loss of Rs.1,000 crore per week. A member of the Kashmir Chamber of Commerce and Industry has stated that life has come to a standstill since the restrictions were imposed, where bakeries and livestock dealers have been the worst hit.