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                <title>On Eid Eve, Business Down In Kashmir</title>
                                    <description><![CDATA[<p>SRINAGAR: On the eve of Eid-ul-Adha, the usual hustle and bustle in the markets is missing, on Wednesday with traders complaining about the depressed sales.<br /><br />Srinagar markets, including Lal Chowk, the commercial hub, which usually remained abuzz on such occasions, saw fewer business activities.<br /><br />Some of the shopkeepers alleged that the route change of transport vehicles was one of the reasons for less business activity in the city centre of Lal Chowk.<br /><br />Even some allege that due to the ongoing Srinagar Smart City Project in the capital city, shoppers are facing difficulties parking their vehicles at certain places.<br /><br />Shoppers in</p>...]]></description>
                
                                    <content:encoded><![CDATA[<a href="https://www.dailyheadlinestoday.com/lead-stories/on-eid-eve--business-down-in-kashmir/article-4743"><img src="https://www.dailyheadlinestoday.com/media/400/2023-06/img-20230628-wa0015.jpg" alt=""></a><br /><p>SRINAGAR: On the eve of Eid-ul-Adha, the usual hustle and bustle in the markets is missing, on Wednesday with traders complaining about the depressed sales.<br /><br />Srinagar markets, including Lal Chowk, the commercial hub, which usually remained abuzz on such occasions, saw fewer business activities.<br /><br />Some of the shopkeepers alleged that the route change of transport vehicles was one of the reasons for less business activity in the city centre of Lal Chowk.<br /><br />Even some allege that due to the ongoing Srinagar Smart City Project in the capital city, shoppers are facing difficulties parking their vehicles at certain places.<br /><br />Shoppers in smaller numbers were seen thronging shopping centres to shop for their favourite products, including bakery products, mutton, chicken, garments, and other items for the festival.<br /><br />Locals were seen buying sacrificial animals at several roadside junctions. Mutton dealers claimed that the demand for sacrificial animals this Eid was low compared to the previous year, citing economic distress among the people.<br /><br />"This time, the demand for sacrificial animals is very low. The sacrificial animal is being sold at Rs 380 per kg at many places, quite a bit less than last year," said a mutton dealer.<br /><br />The three-day Eid festivity begins with congregational prayers in the morning. After Eid prayers, people sacrifice cattle to mark Prophet Ibrahim’s willingness to sacrifice his son before Allah. Later, sacrificial meat is distributed among the kith and kin, besides the needy.<br /><br />Kids were seen in queues waiting to decorate their hands with "Hina" at Gonikan market in Srinagar. Besides, many children were seen purchasing artificial bangles, toys, and gift items from the roadside stall for the occasion. (UNI)</p>]]></content:encoded>
                
                                                            <category>Lead Stories</category>
                                    

                <link>https://www.dailyheadlinestoday.com/lead-stories/on-eid-eve--business-down-in-kashmir/article-4743</link>
                <guid>https://www.dailyheadlinestoday.com/lead-stories/on-eid-eve--business-down-in-kashmir/article-4743</guid>
                <pubDate>Wed, 28 Jun 2023 18:37:07 +0530</pubDate>
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                <title>Investments worth Rs 1547.87 CR. received by J&amp;K during 2022-23: MHA</title>
                                    <description><![CDATA[SRINAGAR:  The Ministry of Home Affairs, Government of India, on Tuesday said that during the year 2022-23, till January 2023, a record investment of Rs. 1547.87 crore has been received by Jammu and Kashmir.
“The investment during the current financial year is the highest ever compared to any of the previous financial years,” Minister of State for Home Nityanand Rai said in the Lok Sabha.
“The Government expects investments to further increase in the next five years in various important sectors like manufacturing, service sector, healthcare and pharmaceuticals, agro based industry, tourism (including film &amp; medical tourism) etc,” he said, as per the reply, a copy of which lies with GNS, adding, “In this connection, the Government of Jammu and Kashmir has already received investment proposals worth Rs. 64,058 crore.”
Responding to question about the steps taken by the Government in encouraging investments in the J&amp;K, Rai said that the Government of India has notified the New Central Sector Scheme for Industrial Development of Jammu &amp; Kashmir on 19 February 2021.
Various policy initiatives have been taken by the Government of Jammu and Kashmir. Several policies are notified for making the J&amp;K an investor friendly destination and counted J&amp;K Industrial Policy 2021-30 among them. Others include J&amp;K Industrial Land Allotment Policy 2021-30, J&amp;K Private Industrial Estate Development Policy 2021-30 and fourth one is J&amp;K Wool Processing, Handicrafts and Handloom Policy 2020, he said.
In addition, various other measures have been taken to improve business environment through ease of doing business, economic package, operation of night flights from Jammu and Srinagar, etc,” he added. (GNS)
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                                                            <category>Kashmir</category>
                                            <category>Business</category>
                                            <category>Regional News</category>
                                    

                <link>https://www.dailyheadlinestoday.com/business/investments-worth-rs-1547-87-cr--received-by-j-k-during-2022-23--mha/article-3493</link>
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                <pubDate>Tue, 14 Mar 2023 23:00:47 +0530</pubDate>
                
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