Jammu and Kashmir

J&K tourism industry hit by recent curfew, state losing Rs 100 crore a day

Mufti Islah, CNN-IBN | Updated Feb 17, 2013 at 05:45pm IST

Srinagar: Curfew may have been lifted in Kashmir but the state's tourism industry is still counting its losses, which could be as much as Rs 100 crore a day.

The long wait continues for shikaras on the famous Dal lake in Srinagar. Enthused by two years of good tourist arrivals, 35-year-old Ejaz Ahmad had spent a lot of money refurbishing his boat, but is now counting his losses.

"Tourism is the first one to derail and the last one to come back on the tracks in a situation like that of Kashmir," Houseboat owner Ejaz Ahmad said.

Kashmir's multi-billion tourism industry is worried. Hotels are recording cancellations and airlines have reduced the number of flights or slashed rates by 50 to 60 per cent. People are disappointed with the restrictions.

"You can see for yourself that we are all sitting idle. All the tourists who were here have left. The situation is quite bad," Shikarawalla Mehraj said.

Industry experts estimate losses to the tune of Rs 100 crore a day and are hoping that tourist arrivals would pick up once again in the days ahead.

(For updates you can share with your friends, follow IBNLive on Facebook, Twitter, Google+ and Pinterest)

Comments (0)

All comments will be published after moderation

News Makers

Afzal Guru

Posted on Apr 13, 2013 at 05:41PM IST
Mohammad Afzal, also known as Afzal Guru, was convicted of conspiracy in the December 2001 attack on the Indian Parliament and was sentenced to death by the Supreme Court of India in 2004. The sentence was to be carried out on 20 October 2006. ...

Previous story

World's highest rail bridge to come up across Chenab

Next story

J&K legislator to move resolution seeking Guru's remains