Vice President NC, Terms Economy Of IIOJK On Brink Of Collapse – UrduPoint

ISLAMABAD, Jun 8 (UrduPoint / Pakistan Point News – 8th Jun, 2021 ) :In Indian illegally occupied Jammu and Kashmir (IIOJK), National Conference (NC) Vice President Omar Abdullah has said the economy of the territory is on the “brink of collapse” as every sector has suffered losses in the last two years.

According to Kashmir Media Service, Abdullah expressed his serious concern over “the soaring unemployment” in Jammu and Kashmir and the rising incidents of suicide among the youth.

“The economy of J&K, it goes without saying, is at the brink of collapse. There is no sector of its economy be it tourism, horticulture, transport, or trade that hasn’t suffered losses in the past two years,” Abdullah said.

The NC leader said the J&K’s local economy is already on its “deathbed” due to the ravaging deluge of 2014 followed by demonetization and the successive lockdowns.

“The series of occurrences over the years also had a backbreaking impact on the people. The ongoing crisis has…

Read further.

Innovation, diversification will reignite SA’s economy

Amazon CEO Bezos Volunteers for Risky Space Travel Journey in June