STOCK MARKET BSE NSE

In Jammu and Kashmir, Downtown Srinagar Emerges as New Business Hub

Published: 06th October 2014 06:00 AM  |   Last Updated: 06th October 2014 08:19 AM   |  A+A-

New-Business-Hub

SRINAGAR:  The volatile downtown Srinagar has emerged as a new business hub of the Valley, where worst-ever floods on September 7 caused largescale destruction in most of the civil lines area, including prestigious city centre Lal Chowk.

The shopkeepers in the civil lines area are busy clearing the muck and moulds of mud and dirt from their shops and business establishments. Following the floods, Lal Chowk and other civil lines localities, including posh areas of Rajbagh, Jawahar Nagar, Indira Nagar, Shivpora and Sonwar, had remained under 10-14 feet of water for over a week.

All the goods in the shops were destroyed in the deluge and after the flood water receded, the destruction was visible. It has been over two weeks since water completely receded from Lal Chowk but shopkeepers are sill clearing the muck left behind by the flood.

Bakrid will be celebrated in the Valley on Monday but  there is no sign of festivity in Lal Chowk, where a commuter or passerby has necessarily to wear a mask nowadays for his/her own safety because of the polluted environment.

Big names like Mughal Durbar, Jee Enn Sons dealing with bakery and Modern Sweets and Shakti Sweets dealing with sweets were closed. On every Bakrid, these shops would do sales in lakhs of rupees, but the streets now wore a deserted look as owners are yet to clean their shops.

Stay up to date on all the latest Nation news with The New Indian Express App. Download now

Comments

Disclaimer : We respect your thoughts and views! But we need to be judicious while moderating your comments. All the comments will be moderated by the newindianexpress.com editorial. Abstain from posting comments that are obscene, defamatory or inflammatory, and do not indulge in personal attacks. Try to avoid outside hyperlinks inside the comment. Help us delete comments that do not follow these guidelines.

The views expressed in comments published on newindianexpress.com are those of the comment writers alone. They do not represent the views or opinions of newindianexpress.com or its staff, nor do they represent the views or opinions of The New Indian Express Group, or any entity of, or affiliated with, The New Indian Express Group. newindianexpress.com reserves the right to take any or all comments down at any time.

flipboard facebook twitter whatsapp