Srinagar, January 11

The State has incurred a loss of more than Rs 16,000 crore due to the agitations held from July 8 to November 30, 2016, according to Jammu Kashmir financial report. Along with financial loss, people in large numbers died and financial transactions came to stand still.

The report also revealed that properties worth hundreds of crores of rupees were destroyed during the riots. Cancellation of internet services, mobile and telephone services for a long time has troubled communication in the State.

Public life in the 10 districts of Kashmir was disturbed due to bandhs, strikes, stone pelting, curfews, restrictions. Medical services were also disturbed and patients suffering with cancer, heart diseases, people who have to undergo treatment and regular checkups suffered a lot, according to the report. A few patients even died as they failed to get timely medical services.


The report stated that security related expenditure also increased heavily due to the loss incurred during 2016 riots. Gross GDP growth, FDIs, exports, business decreased drastically.

Even number of tourists also reduced considerably. As many as six lakh tourists visited Kashmir during 2015-16, which includes 2.20 lakh Amarnath tourists.

The tourism season commenced from April last year, which continued with vigour till July 7. Later due to riots and tension, all tourism-related activities stalled for about four months, leading to heavy loss to hotels, restaurants, house boats and other tourism-related businesses.

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