Floods have washed out Kashmir apple crop worth Rs 1,000
crore leaving a devastating impact on growers and the collateral damage for the
consumers in the rest of the country. Apple is the mainstay of Kashmir’s
economy with a turnover of Rs 1,200 crore a year and its production in the
state has reached about 1.6 million metric tonnes annually. With the supply
line closed from Kashmir, the price of apple has already started shooting up by
40-45 per cent.
Sept 21
http://www.dailyexcelsior.com/floods-cause-rs-1000-cr-loss-apple-crop-kashmir-assocham/
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