Flood-hit Kashmir traders demand rehabilitation

Posted on 5th Mar 2015 12:03 pm by mohit kumar

Srinagar, March 4 (IANS) Traders in Jammu and Kashmir shut their businesses on Wednesday to protest against alleged delay in release of rehabilitation and compensation for losses they suffered in the September 2014 floods.

A large number of traders assembled at city centre Lal Chowk and demonstrated demanding immediate release of compensation and rehabilitation package.

The call for Wednesday's demonstration was given by Kashmir Traders and Manufacturers Federation (KTMF) and was supported by other trade bodies.

"Six months have passed but we (traders) have not received any help from either the BJP-led central government or from the state administration," KTMF president Muhammad Yaseen Khan told IANS here.

Khan said Kashmiri traders wanted the central and the state governments to listen to their grievances. "We have waited too long and have been peaceful so far. If our demands are not met, we may be forced to look for other options."

Besides, the traders are demanding exemption on tax and soft loans for at least 10 years to recover from the losses.

"It is a humanitarian issue, our revival of business is impossible without any assistance from the government. But so far we have received only hollow assurances and nothing else," a trader said.

The flood-affected traders community has pegged losses it suffered at around Rs.30,000 crore. The flood affected over 65,000 business establishments, they said.

Separatist leaders Yasin Malik, Javaid Mir and Muhammad Ashraf Sehrai also participated in the demonstration.

Other news

Nationwide blood donation campaign launched on PM Modi's birthday, Health Minister launched the E-Rakt Kosh portal

The country is celebrating the birthday of Prime Minister Narendra Modi today. Various programs a

Selection in Team India based on IPL: Many contenders, but not a single top Ranji player's Test debut in 4 years

The season of Ranji Trophy 2022-23 is over. Saurashtra became champions for the second time. 10 p

Parliament Security Breach: Gurugram Police is investigating the horoscope of Vicky and Lalit, there may be many revelations

Gurugram Police is gathering information about Lalit Jha, who was among the accused who breached

Army Chief Naravane leaves for the Jammu tour for two days, will take check of security situation

Jammu Kashmir News: Army Chief General MM Naravane today left for a two-day tour of the Jammu reg

PM Modi: 'Do not show anger over external defeat in the House, PM Modi's advice to the opposition regarding the winter session of Parliament.

BJP has a clear majority in Madhya Pradesh, Rajasthan and Chhattisgarh. Amid the results of the a

12th Fail: IPS Manoj Sharma and IRS Shraddha Joshi have cameos in this scene of 12th Fail. did you notice

The year 2023 was very good in terms of films. One after the other, many films became successful

North Korea's missile test threatens China and Japan, thousands of people may come in contact with radiation

Thousands of North Koreans and people in South Korea, Japan, and China may have been exposed to r

New Guideline: 'Tobacco consumption means premature death' will now be written on the packet of cigarettes, the government has issued a new guideline

The Central Government has issued new instructions for the packaging of cigarettes and other toba

Imran won 15 out of 20 seats in Punjab: Former PM said - Shahbaz government is a guest of a few days, elections should be held in Pakistan at the earliest

Imran Khan's party Pakistan Tehreek-e-Insaf (PTI) has created history by winning 15 out of 20 sea

Which state has how many vaccine doses left, read full information in one click

The Government of India has so far given approximately 18 crore vaccine doses to states and union