Burhan Wani's death and a year of living dangerously

J&K suffered Rs 16,000 cr loss during Kashmir unrest

Jammu and Kashmir Chief Minister Mehbooba Mufti during budget session at legislative assembly in Jammu on Tuesday.

Jammu and Kashmir Chief Minister Mehbooba Mufti during budget session at legislative assembly in Jammu on Tuesday.   | Photo Credit: PTI

Jammu and Kashmir suffered losses to the tune of over Rs. 16,000 crore during the five-month long unrest in the Kashmir Valley due to complete halt of economic activity coupled with loss of property worth crores of rupees.

“Losses caused due to the unrest from July 8 to November 30, 2016 are estimated at more than Rs. 16,000 crore,” Economic Survey 2016 report tabled by Minister for Finance Haseeb Drabu in the Jammu and Kashmir Assembly today stated.

Chapter “Economies of Uncertainty and Conflict” of the report said that in 2016, the civil strife caused tremendous miseries, loss of life, complete halt of economic activity in the Valley coupled with loss of property worth crores of rupees.

“The scraping of internet services, mobile and phone services for long spells during the turmoil made communication in the state very difficult. Hartals, bandhs, stone pelting, curfews and restrictions immobilised life in all the 10 districts of the Valley,” it said.

The medical services were badly affected. Chronic patients suffering from cancer, heart diseases and those requiring dialysis, continue treatment and check up had to suffer a lot.

Lack of primary treatment resulted in death of some of the patients, it said, adding that security-related expenditure is over and above the losses caused due to the 2016 unrest.

On the issue of macro-economics costs, it said the conflict has reduced per capita GDP growth, FDI inflow, exports and trade flow in the state.

“It has reduced domestic investment and savings, redirected public expenditure to security-related expenditure and reduced tourist inflow, tourism receipts and demand for transportation,” it said.

The number of tourist who visited the Valley in 2015-16 stood at 6,23,932 including 2,20,490 Amarnath yatris.

“The tourist season had last year started in April and was in full swing up to July 7. The remaining about four months remained completely tense and registered closure of all activities due to turmoil resulting in almost zero arrival of tourists in the Valley,” it said.

The disappearance of tourist in the Valley during four peak months resulted in loss of business to hoteliers, restaurants, houseboats, handicrafts, poniwallas, transporters, shikara walla and so on, it said adding the revenue loss in the second quarter of 2016-17 was of Rs 751.97 lakh (80 per cent) compared to revenue realisation of Rs 936.89 lakh in Q2 of 2015-16.

A letter from the Editor


Dear reader,

We have been keeping you up-to-date with information on the developments in India and the world that have a bearing on our health and wellbeing, our lives and livelihoods, during these difficult times. To enable wide dissemination of news that is in public interest, we have increased the number of articles that can be read free, and extended free trial periods. However, we have a request for those who can afford to subscribe: please do. As we fight disinformation and misinformation, and keep apace with the happenings, we need to commit greater resources to news gathering operations. We promise to deliver quality journalism that stays away from vested interest and political propaganda.

Support Quality Journalism
This article is closed for comments.
Please Email the Editor

Printable version | May 26, 2020 8:10:05 AM | https://www.thehindu.com/news/national/other-states/JK-suffered-Rs-16000-cr-loss-during-Kashmir-unrest/article17018598.ece

In Depth
Children cover their nose as they walk away from smoke shells fired by police during clashes in Srinagar on July 8, 2017.
Curfew in Valley on Wani's death anniversary
Stone-throwing in Kashmir on the wane: CRPF
Burhan anniversary forces early vacation in J&K
Cannabis plants being destroyed in Awantipora.
The anonymous addicts
The pathology of lynching
A CRPF Jawan stands guard outside the Jamia Masjid.
Police officer Mohammed Ayub Pandith lynched outside Srinagar's Jamia Masjid
Kashmir unrest
As turmoil mounts in Valley, policemen at a crossroads
Pellet guns plastic bullets
‘Plastic bullets’ sent to Kashmir
Negotiations the only option, says Geelani
On terror funding trail, NIA conducts raids on separatists
Valley unrest takes a toll on Pandits’ festival
Slain militant Burhan Wani’s successor killed in encounter
"I did not throw stones. I was kept thirsty from 10.45 a.m. till 7.30 p.m."
Fresh protests erupt in Kashmir Valley
Hizb ‘commander’ quits over ideological differences
Kashmir militants kill unarmed Kulgam Army officer on leave
IS, al-Qaeda have no role in Kashmir: separatists
More locals take to militancy in Kashmir Valley
Kashmir’s unending tragedy
J&K suspends 22 social media sites
Women students join anti-police protests in Srinagar
Srinagar, where campuses simmer with anger and anxiety
A grab from the video, purportedly shot in Budgam on April 9, showing a youth tied to an Army vehicle.
Army uses civilian as  shield, sparks outrage
Only 2% turnout recorded in Srinagar
Bypolls in Kashmir: A prolonged protest
It’s school time again in Valley
Tral in a trance over young Shaheera Akhtar’s 498/500
Wani’s kin not paid compensation
You are reading
J&K suffered Rs 16,000 cr loss during Kashmir unrest
A pellet victim undergoing treatment in SMHS Hospital in Srinagar.
J&K govt. announces ex gratia payment of Rs. 5 lakh to kin of deceased in 2016 unrest
Hope becomes the biggest casualty in restive Jammu and Kashmir
A year of living dangerously
The new abnormal in Kashmir
Kashmir Valley back to life after shutdown
‘All pass’ for 9 lakh students in Valley
Students take exams amid shutdown in Valley
Army launches ‘School Chalo’ operation in South Kashmir
Amnesty slams burning of schools in Valley
More than a hundred days later
In 100 days, India’s facade crumbled: Geelani
Gun-snatching in Valley worries Army
Forebodings come true in Valley’s season of violence
3,000 more soldiers deployed in Valley
Union Home Minister Rajnath Singh and Jammu and Kashmir Chief Minister Mehbooba Mufti address a press conference in Srinagar on Thursday. Photo: Nissar Ahmad
Rajnath promises alternative to pellet guns, says he is willing to talk to all
Junaid undergoing treatment in Srinagar on Sunday after being hit by pellets in the chest. Photo: Nissar Ahmad
14% of pellet gun victims in Kashmir are below 15
A ‘Kashmir Ki Kali’ poster wakes world to pellet blind spot
A morphed image of Shah Rukh Khan.
‘Pellet-hit’ images of leaders and stars go viral in Valley
Newspapers in Kashmir refuse to publish
Last week, about 2,800 CRPF troops were sent to the State. Photo: Nissar Ahmad
Centre rushes 2,000 additional troops to Kashmir
The Supreme Court on Friday refused to entertain a plea for Governor’s rule in the strife-ridden State of Jammu and Kashmir.
Behind the rage in south Kashmir
Mehbooba govt. gags media, blocks cable TV
Women too bear the brunt of pellet guns
J&K Education Minister Naeem Akhtar. File photo
Will relook into circumstances leading to Burhan’s killing: J&K govt.
A woman requests a policeman cross the road in Srinagar on Tuesday. A curfew remained in place in most parts of Kashmir for the fourth consecutive day as authorities struggled to contain protests following the killing of top militant commander Burhan Muzaffar Wani. Photo: Nissar Ahmad
Living in denial on Kashmir
A woman and her daughter cross a deserted bridge in Srinagar on Tuesday.
Restrictions are still in force in most parts of the Kashmir Valley after the killing of Hizbul Mujahideen commander Burhan Wani.
PM asks security forces in J&K to exercise absolute restraint
Calming the Valley
Boys walk in front of closed shops during a curfew in Srinagar on Monday. —Photo: Nissar Ahmad
The rise of Kashmir’s rock star ultras
Pakistan Prime Minister Nawaz Sharif. File photo.
Sharif attacks India after Opposition ire
An injured man at the SMHS hospital in Srinagar on Sunday. — Photo: Nissar Ahmad
19 men injured by pellets may lose vision
Burhan's funeral: Dangerous writing on the wall
Securitymen patrol a deserted street at Maisuma area in Srinagar on Saturday. Photo: Nissar Bhat
Burhan Wani killing: Amarnath Yatra suspended
Stone pelting incidents were reported from many areas of north Kashmir’s Baramulla district. Photo: Nissar Ahmad
Wani’s death triggers fury, 11 killed, 200 hurt in Kashmir
Screenshot from a video of Burhan Wani, commander of terror group Hizbul Mujahideen.
Burhan Wani, Hizbul poster boy, killed in encounter
Screenshot from a video of Burhan Wani, commander of terror group Hizbul Mujahideen.
Amarnath pilgrims won’t be harmed: Hizbul
These young militants are selfie buffs and trendy
Next Story