Abrogation of Article 370, 35-A lead to further slowdown of state economy: Sadhotra


JAMMU, Sep 10: Economy of our country has already slowed down and it has affected our state also as so many youth have lost jobs. And abrogation of Article 370 and 35-A have lead to further slowdown of state economy, said former Minister and senior leader National Conference, Mr Ajay Kumar Sadhotra.
National Conference leader said that after abrogation of Article 370 and 35-A, Trade and Industry has been badly hit, production has come down in the state and payments of Traders and Industries have been blocked and state economy has dipped very low since long lock down, restrictions and shut down of communication internet, our economy has been ever worst hit. Mr Sadhotra said Jammu-Kashmir have integrated business relations. Jammu Kashmir Traders and Industries have always strengthened the secular bond between people of Jammu and Kashmir. BJP government should give financial package to the Trade and Industry of the state in order to save them.
Former Minister said in absence of Financial Package youth of Jammu and Kashmir will lose lobs and Trade and Industry will become sick. First local Industry should be strengthened and then think of Investors from outside, ignoring local Trade and Industry shall lead to further slowing down Economy of the state and it will lead to economic crisis.
Mr Sadhotra said Trade and Industry has always played vital role in restoring confidence among traders and Industry of both the regions Jammu Kashmir after 2018 land row also.
Trade and Industry has also strengthened communal brotherhood to further strengthen integration of the state. National Conference leader said this is high time government should come to the rescue of Trade and Industry of Jammu Kashmir by giving Financial Package.

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