Floods have ravaged Kashmir economy by Rs 60K cr: Industry body
20 Sept 2014 5:04 AM IST
‘Although the feedback received through preliminary assessments from various quarters puts the direct and indirect losses above Rs 60,000 crore, a more detailed assessment would follow,’ Kashmir Chamber of Commerce and Industry president Sheikh Aishiq Ahmad said in a statement.
KCC&I is deliberating upon the ‘charter of requisitions’ such as involvement of international bodies specialising in disaster recovery, aid and rebuilding infrastructure, he said.
Ahmad said it is imperative that people start evaluating their losses at the earliest despite their personal suffering while citing the scale of devastation and impending winter as reasons behind his appeal.
‘It is imperative that we start the process of rebuilding and rehabilitation without any delay,’ he said.
In this hour of crisis, KCC&I appeals to all trade bodies to unite and ensure that the business community demonstrates it's resilience, he said.
KCC&I is deliberating upon the ‘charter of requisitions’ such as involvement of international bodies specialising in disaster recovery, aid and rebuilding infrastructure, he said.
Ahmad said it is imperative that people start evaluating their losses at the earliest despite their personal suffering while citing the scale of devastation and impending winter as reasons behind his appeal.
‘It is imperative that we start the process of rebuilding and rehabilitation without any delay,’ he said.
In this hour of crisis, KCC&I appeals to all trade bodies to unite and ensure that the business community demonstrates it's resilience, he said.
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