The region faced a loss of Rs 17,800 crore in the 120 days after August 5, according to the Preliminary Economic Loss Assessment Report by the Kashmir Chamber of Commerce and Industries.
@forbes_india@FirdousHassan The report says that the tourism sector faced losses to the tune of Rs9,191 crore, while over 1.4 lakh people lost their jobs in the sector during the period.
@forbes_india@FirdousHassan In 2019, the number of tourists visiting the region dropped to a 10-year low. Official figures indicate a drop of almost 60% in the number of tourists when compared with 2018 figures, with only 4,99,584 tourists visiting the newly created Union Territory in 2019.
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