MC

Current Trends in Science and Technology

an Open Access Publication ISSN: 0976-9730 | 0976-9498

Management and Economics

Impact of Kashmir Issue on Local Economy

Rajbinder Singh
Assistant Professor in Management Khalsa College, Patiala (Punjab)
Online First: July 29, 2017
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Abstract




This research paper is concerned about the impact of terrorist activities on the local economy of Jammu and Kashmir and it also studies the relation of instability and local industry since last ten years. Known for its extravagant and breathtaking beauty throughout the world, Kashmir has aptly been described as “The Paradise on Earth‟. Kashmir is second to no place in the world as far as its natural beauty and rich cultural heritage is concerned. However tourism industry plays a vital role in Jammu and Kashmir’s economy, alongside, unique handicraft, handmade items horticulture and energy sector are also of much influence. However, terror activities in Kashmir have become one of its greatest handicaps. The continual terror activities have unexceptionally impacted every socio-economic activity in Kashmir. And tourism is a sector that has unquestionably been the worst casualty of this continued political instability and social turbulence. Not only tourism but the allied sectors especially the Kashmiri art and craft have equally been hit. The present paper attempts to empirically study the impact of terror activities on Kashmir tourism.




  Submitted
Jul 31, 2017
Published
Jul 29, 2017
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