Kashmir business body estimates above Rs 500 crore losses in snow

Kashmir business body estimates above Rs 500 crore losses in snow
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Srinagar: Heavy snowfall in Kashmir caused damages worth more than Rs 500 crores to orchadists, said Kashmir Chamber of Commerce and Industry on Sunday. 

The apex business body expressed anguish over damages caused by snow to crops, fruits and trees throughout Kashmir. 

It said reports received from several Fruit Associations including Anantnag suggest that loss of more than Rs 500 crores have been incurred due to damage caused to trees, plantations and orchards. “We appeal to the whole community to stand behind our brothers in distress and extend support in whatever manner possible,” it said in a handout.

It pointed out “avoidable delay” in implementation of Crop Insurance Schemes would have proved to be of critical importance at this juncture.

The body also demanded laying of underground cables for power transmission. “This would have saved crores in T&D Losses and would have ensured hassle free power supply in the winter months,” it said, adding “the Power Development Department instead chose to waste thousands of crores in laying of covered cables on transmission poles. The results are out and it’s time that some accountability was sought.”

Year after year they have to issue the same press statements as the population continues to suffer losses, said KCCI.