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news details
Fear of Mafia pushes Jammu businessmen to brink
Mulling to invest in neighbouring states; wrong policies of UT admin compel traders to start silent migration
10/14/2021 12:05:40 AM
Early Times Report

Jammu, Oct 13: Even as the UT administration is trying to bring investments in Jammu and Kashmir, silent migration of local businessmen has started from Jammu as the mafia has become active in almost all economic sectors.
Instead of further expanding their business in Jammu, some industrialists and businessmen are thinking of investing in the neighbouring states to get rid of the mafia.
Sources said that business in J&K in general and Jammu, in particular, has been badly affected during the last year as a section of ‘Babus’ has given free hand to the mafia to capture vital economic sectors in this part of the UT.
“A feeling has gripped among the business community that those at the helm of the affairs are bell bent to destroy them so it is better to shift business to neighbouring states for a secure a better future”, a source said and added that not some business houses are contemplating to invest in neighbouring states even some industrialists are also seriously thinking to wind-up due to pro-mafia policies of the present dispensation.
Wishing anonymity, a businessman from Jammu said that policies of the UT administration are more dangerous than Coronavirus. “After passing through the worst ever period during the first and second wave of the deadly Coronavirus, the business community is now facing the wrath of the wrong policies of the present regime”, he said.
Interestingly the business community of Jammu was at the forefront to celebrate the abrogation of Articles 370 and 35 but now this community is feeling betrayed and backstabbed.
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