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G20 event will be a massive boost to Kashmir economy: KCCI

G20 event will be a massive boost to Kashmir economy: KCCI
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Srinagar: Kashmir Chamber of Commerce and Industry (KCCI) on Thursday said a G20 event in Jammu and Kashmir will give a massive boost to the economy of the region.

“Our region will get a massive boost in terms of its economy, especially tourism,” KCCI president Sheikh Aashiq told reporters here.

He was responding to a question on how holding a G20 event in Kashmir will affect the place.

“Our handicrafts and tourism destinations will be highlighted on the global platform,” he added.

Aashiq said though no dates have been finalised for the G20 event in Kashmir, the KCCI will put its best foot forward whenever it happens. “We will be at the forefront.”

The Jammu and Kashmir administration has been making preparations to host one of the G20 events in May this year. Srinagar is likely to host one of the G20 events for which we are preparing in advance, officials said here.

The administration is sprucing up the city for the major event as all major roads and areas are being repaired.

Development works are going on in full swing in Srinagar city with a focus on completing the drainage and road projects.

Normally, no development works are undertaken during the winter months in Kashmir due to freezing temperatures, but the administration has made an exception this year due to the likelihood of Srinagar hosting a G20 event.

The trade body said that there is no transparency in the ongoing eviction drive, urging the administration to issue clear orders on its assurance that ordinary shopkeepers will not be evicted.

“There is no transparency in the eviction drive. We are not here to defend the land mafia but there should be clarity on who is an encroacher,” KCCI president Sheikh Aashiq told reporters here.

He said many people have valid revenue documents but have been listed as encroachers.

“The government should resolve the problem. People who had valid lease documents till few days ago are now illegal occupants. There is chaos and confusion about the whole issue,” he said.

On the sealing and subsequent reopening of shops in Lal Chowk on Wednesday, Aashiq said the administration has assured the chamber that shopkeepers would not be affected.

“We have been assured that shopkeepers will not be affected. We request the LG administration to issue transparent orders about it,” he added.

Press Trust of India

Press Trust of India is lead news agency of India

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