This year’s Jammu and Kashmir Budget will be crucial to put the Union Territory’s (UT) economy back on rails, ward off growing unemployment and revive key sectors, Valley-based traders and businessmen said on Monday.
“We have many expectations from the upcoming Budget for Jammu and Kashmir. We have reached a critical stage where local businesses and trade demand a comprehensive revival package for the whole Union Territory, especially the Kashmir division that suffered the most losses since August 5, 2019 [when the Centre ended J&K special constitutional position],” Kashmir Chamber of Commerce and Industry president Sheikh Ashiq told The Hindu.
